SHIPSeanergy Maritime Holdings Corp
Is the business good?
Earnings fully cash-backed (2.3×). That is the only one of 4 checks this filer's data supports, so take it as a single data point rather than a settled answer.
Operating profit is fully backed by cash.
Where this answer is blind. The F-score rewards improvement, so an already-elite company can score mid-pack.
How good a business is SHIP?
Seanergy Maritime Holdings Corp earns 2.9% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.
Return on invested capital · cost of capital 9.0% · 6.1 points below what the capital costs: growth destroys value
- Cash conversion
- 2.27×
Cash conversion · operating cash flow covers the operating profit after tax
| Year | Operating margin |
|---|---|
| FY2020 | −0.42% |
| FY2021 | 43% |
| FY2022 | 24% |
| FY2023 | 19% |
| FY2024 | 37% |
| FY2025 | 27% |
Details›
- Free cash flow, trailing twelve months
- $6.4M
- Net income, trailing twelve months
- −$2.4M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 2.9%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion is operating cash flow over operating profit after tax.