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Seanergy Maritime (SHIP) Ratios
Seanergy Maritime Ratios
SHIP's free cash flow for Q2 2026 was $-7.57M. For the 2026 fiscal year, SHIP's free cash flow was decreased by $-39.11M and operating cash flow was $31.55M. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 0.71 | 0.74 | 0.36 | 0.65 | 0.54 |
| Quick Ratio | 0.71 | 0.72 | 0.34 | 0.63 | 0.52 |
| Cash Ratio | 0.71 | 0.35 | 0.28 | 0.34 | 0.47 |
| Solvency Ratio | 0.18 | 0.26 | 0.11 | 0.14 | 0.24 |
| Operating Cash Flow Ratio | 0.60 | 1.22 | 0.45 | 0.39 | 0.92 |
| Short-Term Operating Cash Flow Coverage | 0.96 | 2.01 | 0.99 | 0.63 | 1.17 |
| Net Current Asset Value | $ -262.54M | $ -237.78M | $ -224.35M | $ -230.26M | $ -195.32M |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.48 | 0.47 | 0.49 | 0.50 | 0.46 |
| Debt-to-Equity Ratio | 1.03 | 0.98 | 1.02 | 1.16 | 0.91 |
| Debt-to-Capital Ratio | 0.51 | 0.50 | 0.50 | 0.54 | 0.48 |
| Long-Term Debt-to-Capital Ratio | 0.46 | 0.46 | 0.44 | 0.47 | 0.39 |
| Financial Leverage Ratio | 2.16 | 2.08 | 2.09 | 2.32 | 1.99 |
| Debt Service Coverage Ratio | 1.03 | 1.65 | 0.90 | 0.74 | 0.87 |
| Interest Coverage Ratio | 1.89 | 3.34 | 1.17 | 2.41 | 6.08 |
| Debt to Market Cap | 1.54 | 1.80 | 1.51 | 2.96 | 1.60 |
| Interest Debt Per Share | 15.24 | 13.43 | 13.66 | 15.40 | 15.23 |
| Net Debt to EBITDA | 2.88 | 2.55 | 4.72 | 4.23 | 2.61 |
| Profitability Margins | |||||
| Gross Profit Margin | 39.62% | 69.97% | 36.69% | 43.00% | 54.31% |
| EBIT Margin | 27.17% | 37.47% | 18.64% | 23.61% | 34.08% |
| EBITDA Margin | 50.04% | 55.21% | 41.02% | 42.34% | 45.28% |
| Operating Profit Margin | 26.00% | 37.37% | 19.37% | 23.74% | 43.05% |
| Pretax Profit Margin | 13.44% | 25.96% | 2.07% | 13.77% | 27.01% |
| Net Profit Margin | 13.18% | 25.96% | 2.07% | 13.79% | 27.01% |
| Continuous Operations Profit Margin | 13.44% | 25.96% | 2.07% | 13.79% | 27.01% |
| Net Income Per EBT | 98.06% | 100.00% | 100.00% | 100.16% | 100.00% |
| EBT Per EBIT | 51.69% | 69.47% | 10.69% | 57.98% | 62.73% |
| Return on Assets (ROA) | 3.43% | 7.96% | 0.48% | 3.36% | 8.49% |
| Return on Equity (ROE) | 7.40% | 16.58% | 1.00% | 7.78% | 16.91% |
| Return on Capital Employed (ROCE) | 7.93% | 12.92% | 5.23% | 7.09% | 16.52% |
| Return on Invested Capital (ROIC) | 7.17% | 11.75% | 4.62% | 5.85% | 14.08% |
| Return on Tangible Assets | 3.43% | 7.96% | 0.48% | 3.36% | 8.49% |
| Earnings Yield | 11.02% | 30.36% | 1.64% | 19.93% | 29.67% |
| Efficiency Ratios | |||||
| Receivables Turnover | 15.86 | 21.82 | 91.56 | 80.71 | 0.00 |
| Payables Turnover | 7.27 | 7.07 | 12.71 | 9.11 | 12.14 |
| Inventory Turnover | 0.00 | 29.70 | 44.76 | 35.72 | 48.31 |
| Fixed Asset Turnover | 0.31 | 0.34 | 0.25 | 0.27 | 0.36 |
| Asset Turnover | 0.26 | 0.31 | 0.23 | 0.24 | 0.31 |
| Working Capital Turnover Ratio | -7.69 | -5.57 | -2.85 | -3.38 | -7.45 |
| Cash Conversion Cycle | -27.15 | -22.61 | -16.57 | -25.34 | -22.51 |
| Days of Sales Outstanding | 23.02 | 16.73 | 3.99 | 4.52 | 0.00 |
| Days of Inventory Outstanding | 0.00 | 12.29 | 8.15 | 10.22 | 7.56 |
| Days of Payables Outstanding | 50.17 | 51.63 | 28.71 | 40.09 | 30.07 |
| Operating Cycle | 23.02 | 29.02 | 12.14 | 14.74 | 7.56 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 2.57 | 3.65 | 1.70 | 2.14 | 5.27 |
| Free Cash Flow Per Share | 0.83 | 0.04 | 1.68 | -1.90 | -7.60 |
| Dividend Paid and CapEx Coverage Ratio | 1.17 | 0.88 | 4.80 | 0.42 | 0.41 |
| Capital Expenditure Coverage Ratio | 1.48 | 1.01 | 63.92 | 0.53 | 0.41 |
| Operating Cash Flow Coverage Ratio | 0.18 | 0.29 | 0.13 | 0.15 | 0.36 |
| Operating Cash Flow to Sales Ratio | 0.33 | 0.45 | 0.28 | 0.30 | 0.53 |
| Free Cash Flow Yield | 9.01% | 0.65% | 22.11% | -38.34% | -83.63% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 9.05 | 3.28 | 61.10 | 5.02 | 3.37 |
| Price-to-Sales (P/S) Ratio | 1.20 | 0.86 | 1.26 | 0.69 | 0.91 |
| Price-to-Book (P/B) Ratio | 0.67 | 0.55 | 0.61 | 0.39 | 0.57 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 11.10 | 154.47 | 4.52 | -2.61 | -1.20 |
| Price-to-Operating Cash Flow Ratio | 3.59 | 1.90 | 4.45 | 2.32 | 1.73 |
| Price-to-Earnings Growth (PEG) Ratio | -0.18 | 0.00 | -0.70 | -0.08 | -0.02 |
| Enterprise Value Multiple | 5.26 | 4.10 | 7.81 | 5.86 | 4.62 |
| Enterprise Value | 416.45M | 379.19M | 352.97M | 310.22M | 320.62M |
| EV to EBITDA | 5.26 | 4.10 | 7.81 | 5.86 | 4.62 |
| EV to Sales | 2.63 | 2.26 | 3.20 | 2.48 | 2.09 |
| EV to Free Cash Flow | 24.47 | 409.05 | 11.45 | -9.35 | -2.75 |
| EV to Operating Cash Flow | 7.92 | 5.04 | 11.27 | 8.32 | 3.97 |
| Tangible Book Value Per Share | 13.75 | 12.72 | 12.42 | 12.71 | 15.95 |
| Shareholders’ Equity Per Share | 13.75 | 12.73 | 12.42 | 12.71 | 15.95 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.00 | 0.00 | 0.00 | -0.00 | 0.00 |
| Revenue Per Share | 7.72 | 8.13 | 5.99 | 7.17 | 9.99 |
| Net Income Per Share | 1.02 | 2.11 | 0.12 | 0.99 | 2.70 |
| Tax Burden | 0.98 | 1.00 | 1.00 | 1.00 | 1.00 |
| Interest Burden | 0.49 | 0.69 | 0.11 | 0.58 | 0.79 |
| Research & Development to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A to Revenue | 0.14 | 0.15 | 0.21 | 0.14 | 0.09 |
| Stock-Based Compensation to Revenue | 0.00 | 0.03 | 0.08 | 0.06 | 0.03 |
| Income Quality | 2.53 | 1.73 | 13.79 | 2.16 | 1.95 |
Currency in USD