OceanPal Inc. (OP)
NASDAQ: OP · IEX Real-Time Price · USD
2.570
+0.010 (0.39%)
At close: Apr 19, 2024, 3:58 PM
2.520
-0.050 (-1.95%)
After-hours: Apr 19, 2024, 5:37 PM EDT

OceanPal Statistics

Total Valuation

OceanPal has a market cap or net worth of $18.93 million. The enterprise value is $4.09 million.

Market Cap 18.93M
Enterprise Value 4.09M

Important Dates

The last earnings date was Thursday, April 11, 2024, before market open.

Earnings Date Apr 11, 2024
Ex-Dividend Date n/a

Share Statistics

OceanPal has 7.45 million shares outstanding. The number of shares has increased by 2,066.46% in one year.

Shares Outstanding 7.45M
Shares Change (YoY) +2,066.46%
Shares Change (QoQ) -7.91%
Owned by Insiders (%) 28.69%
Owned by Institutions (%) 1.50%
Float 1.97M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 1.00
Forward PS n/a
PB Ratio 0.20
P/FCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 0.22
EV / EBITDA 0.62
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 8.77, with zero debt.

Current Ratio 8.77
Quick Ratio 7.79
Debt / Equity n/a
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage -1.17

Financial Efficiency

Return on equity (ROE) is -7.20% and return on invested capital (ROIC) is -8.34%.

Return on Equity (ROE) -7.20%
Return on Assets (ROA) -6.90%
Return on Capital (ROIC) -8.34%
Revenue Per Employee n/a
Profits Per Employee n/a
Employee Count n/a
Asset Turnover 0.20
Inventory Turnover 39.81

Taxes

Income Tax n/a
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -58.83% in the last 52 weeks. The beta is 0.53, so OceanPal's price volatility has been lower than the market average.

Beta (1Y) 0.53
52-Week Price Change -58.83%
50-Day Moving Average 2.44
200-Day Moving Average 2.21
Relative Strength Index (RSI) 45.11
Average Volume (30 Days) 27,053

Short Selling Information

The latest short interest is 41,623, so 0.56% of the outstanding shares have been sold short.

Short Interest 41,623
Short Previous Month 18,960
Short % of Shares Out 0.56%
Short % of Float 2.11%
Short Ratio (days to cover) 1.05

Income Statement

In the last 12 months, OceanPal had revenue of $18.96 million and -$6.71 million in losses. Loss per share was -$3.83.

Revenue 18.96M
Gross Profit 6.60M
Operating Income -7.72M
Pretax Income -1.98M
Net Income -6.71M
EBITDA 6.60M
EBIT -1.07M
Loss Per Share -$3.83
Full Income Statement

Balance Sheet

The company has $14.84 million in cash and no debt, giving a net cash position of $14.84 million or $1.99 per share.

Cash & Cash Equivalents 14.84M
Total Debt n/a
Net Cash 14.84M
Net Cash Per Share $1.99
Equity / Book Value 92.56M
Book Value Per Share 12.42
Working Capital 17.76M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $815,000 and capital expenditures -$4.37 million, giving a free cash flow of -$3.55 million.

Operating Cash Flow 815,000
Capital Expenditures -4.37M
Free Cash Flow -3.55M
FCF Per Share -$1.07
Full Cash Flow Statement

Margins

Gross margin is 34.79%, with operating and profit margins of -40.73% and -35.38%.

Gross Margin 34.79%
Operating Margin -40.73%
Pretax Margin -10.43%
Profit Margin -35.38%
EBITDA Margin 34.83%
EBIT Margin -5.63%
FCF Margin -18.74%

Dividends & Yields

OceanPal does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth 1
Payout Ratio n/a
Buyback Yield -2,066.46%
Shareholder Yield -2,066.46%
Earnings Yield -35.43%
FCF Yield -18.77%
Dividend Details

Analyst Forecast

Price Target n/a
Price Target Difference n/a
Analyst Consensus n/a
Analyst Count n/a
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a

Stock Splits

The last stock split was on June 8, 2023. It was a reverse split with a ratio of 1:20.

Last Split Date Jun 8, 2023
Split Type Reverse
Split Ratio 1:20

Scores

OceanPal has an Altman Z-Score of 5.24 and a Piotroski F-Score of 3.

Altman Z-Score 5.24
Piotroski F-Score 3