Performance Shipping Inc.
Balance Sheet
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $6.4M | $8.3M | $29.4M | $82.0M | $19.7M | $31.5M | $41.4M | $11.1M |
| Accounts Receivable | $428.0K | $471.0K | $753.0K | $691.0K | $534.0K | $215.0K | $163.0K | $37.4K |
| Inventory | $1.7M | $2.6M | $3.7M | $2.3M | $2.0M | $3.2M | $1.8M | $623.6K |
| Total Current Assets | $28.0M | $22.9M | $34.9M | $86.4M | $23.0M | $36.9M | $43.6M | $12.4M |
| Property, Plant & Equipment | $201.3M | $240.4M | $384.5M | $306.1M | $265.4M | $260.9M | $158.8M | $92.1M |
| Goodwill | — | — | — | — | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | — | $0 | $3.8M | $6.4M | $18.0M | $29.8M | — | — |
| Total Assets | $232.3M | $266.5M | $435.7M | $409.3M | $316.7M | $337.0M | $210.0M | $105.3M |
| Liabilities | ||||||||
| Accounts Payable | $1.7M | $1.5M | $2.7M | $1.8M | $1.7M | $2.7M | $1.9M | — |
| Total Current Liabilities | $101.2M | $129.9M | $24.7M | $9.3M | $3.8M | $6.1M | $3.1M | $2.4M |
| Long-Term Debt | — | $0 | $127.8M | $92.5M | $98.1M | $91.9M | — | — |
| Total Liabilities | $101.5M | $175.7M | $196.5M | $152.8M | $152.2M | $98.3M | $3.5M | $20.7M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-280.3M | $-284.1M | $-134.7M | $-116.4M | $-112.1M | $-25.1M | $-2.5M | $-2.0M |
| Total Stockholders' Equity | $130.8M | $90.9M | $239.2M | $256.4M | $164.5M | $238.8M | $206.5M | $84.6M |