OceanPal Inc. (OP)

OceanPal Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	7.16	14.84	8.45	1.67	0.04
Cash & Short-Term Investments	7.16	14.84	8.45	1.67	0.04
Cash Growth	-51.75%	75.55%	405.32%	4120.70%	1969.87%
Accounts Receivable	3.06	2.96	4.25	0.81	1.04
Other Receivables	0.09	1.06	0.01	0.07	2.11
Receivables	3.16	4.02	4.26	0.88	3.15
Inventory	1.6	0.29	0.33	0.19	0.18
Prepaid Expenses	2.08	0.78	1.13	0.46	0.87
Other Current Assets	0.12	0.12	-	-	-
Total Current Assets	14.11	20.04	14.17	3.2	4.24
Property, Plant & Equipment	71.26	71.1	63.67	45.73	32.25
Long-Term Investments	2.97	1.65	-	-	-
Long-Term Deferred Charges	1.12	2.06	1.18	0.15	0.7
Total Assets	89.46	94.85	79.02	49.08	37.19
Accounts Payable	1.85	0.41	0.28	0.26	0.13
Accrued Expenses	2.88	1.37	1.56	0.44	1.75
Current Unearned Revenue	0.18	0.4	0.37	0.23	-
Other Current Liabilities	0.18	0.11	0.24	-	-
Total Current Liabilities	5.09	2.29	2.46	0.93	1.89
Total Liabilities	5.09	2.29	2.46	0.93	1.89
Common Stock	0.08	0.07	0.01	0.01	144.27
Additional Paid-In Capital	110.2	100.5	78.87	48.07	-
Retained Earnings	-25.91	-8.02	-2.32	0.07	-108.97
Total Common Equity	84.37	92.55	76.55	48.14	35.3
Shareholders' Equity	84.37	92.56	76.56	48.15	35.3
Total Liabilities & Equity	89.46	94.85	79.02	49.08	37.19
Net Cash (Debt)	7.16	14.84	8.45	1.67	0.04
Net Cash Growth	-51.75%	75.55%	405.32%	4120.70%	1969.87%
Net Cash Per Share	0.96	4.40	54.31	27.26	-
Filing Date Shares Outstanding	7.5	7.45	1.21	0.15	-
Total Common Shares Outstanding	7.5	7.45	0.51	0.04	-
Working Capital	9.02	17.76	11.71	2.27	2.35
Book Value Per Share	11.24	12.43	150.34	1091.68	-
Tangible Book Value	84.37	92.55	76.55	48.14	35.3
Tangible Book Value Per Share	11.24	12.43	150.34	1091.68	-
Machinery	82.46	83.14	68.78	46.08	47.41

Updated Apr 9, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q