- Understand $eco stock

$ECO Market Cap: $10.25 Billion

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Financial Snapshot

Revenue

$403.8M

TTM

Gross Margin

Net Earnings

$121.8M

TTM

Current Assets

$159.3M

Q2 2024

Current Liabilities

$107.9M

Q2 2024

Current Ratio

147.65%

Q2 2024

Total Assets

$1.135B

Q2 2024

Total Liabilities

$702.6M

Q2 2024

Book Value

$432.6M

Q2 2024

Cash

$92.80M

Q2 2024

P/E

84.09

Nov 13, 2024 EST

Free Cash Flow

$182.5M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018
Revenue	$413.1M	$271.0M	$169.0M	$282.9M	$127.7M	$29.21M
YoY Change	52.45%	60.34%	-40.26%	121.45%	337.33%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018
Revenue	$413.1M	$271.0M	$169.0M	$282.9M	$127.7M	$29.21M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018
Selling, General & Admin	$129.8M	$87.15M	$57.76M	$59.71M	$32.92M	$9.797M
YoY Change	49.0%	50.89%	-3.27%	81.39%	236.03%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$40.38M	$37.96M	$38.67M	$41.62M	$24.59M	$7.325M
YoY Change	6.37%	-1.82%	-7.1%	69.28%	235.66%
% of Gross Profit
Operating Expenses	$212.0M	$160.8M	$137.1M	$141.5M	$81.96M	$24.88M
YoY Change	31.78%	17.31%	-3.1%	72.66%	229.39%
Operating Profit
YoY Change

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018
Interest Expense	-$55.87M	-$24.25M	-$27.78M	-$38.69M	-$33.90M	-$7.345M
YoY Change	130.39%	-12.69%	-28.2%	14.14%	361.51%
% of Operating Profit
Other Income/Expense, Net	-$503.9K	-$1.312M	-$5.149M	-$1.355M	-$496.3K	$0.00
YoY Change	-61.58%	-74.53%	280.04%	173.02%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018
Pretax Income	$145.3M	$84.56M	-$902.9K	$101.3M	$11.38M	-$3.019M
YoY Change	71.77%	-9465.38%	-100.89%	789.98%	-477.12%
Income Tax
% Of Pretax Income
Net Earnings	$145.3M	$84.56M	-$902.9K	$101.3M	$11.38M	-$3.019M
YoY Change	71.77%	-9465.38%	-100.89%	789.98%	-477.12%
Net Earnings / Revenue	35.16%	31.21%	-0.53%	35.82%	8.91%	-10.34%
Basic Earnings Per Share
Diluted Earnings Per Share	$4.51	$2.63	-$0.03	$3.12	$0.35	-$0.14

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018
Cash & Short-Term Investments	$49.99M	$81.35M	$38.18M	$23.34M	$13.40M	$18.08M
YoY Change	-38.54%	113.04%	63.61%	74.22%	-25.92%
Cash & Equivalents	$49.99M	$81.35M	$38.18M	$23.34M	$13.40M	$18.08M
Short-Term Investments
Other Short-Term Assets	$5.152M	$5.872M	$2.972M	$2.956M	$2.264M	$902.9K
YoY Change	-12.27%	97.57%	0.55%	30.58%	150.72%
Inventory	$25.35M	$17.01M	$12.63M	$5.767M	$6.552M	$2.687M
Prepaid Expenses
Receivables	$57.34M	$49.63M	$7.448M	$14.63M	$18.23M	$3.319M
Other Receivables	$115.5K	$558.0K	$1.331M	$7.218M	$1.930M	$5.322M
Total Short-Term Assets	$137.9M	$154.4M	$62.57M	$53.91M	$42.37M	$30.31M
YoY Change	-10.66%	146.81%	16.05%	27.23%	39.78%
Property, Plant & Equipment	$988.2M	$1.024B	$883.5M	$1.199B	$1.064B	$634.6M
YoY Change	-3.54%	15.96%	-26.34%	12.69%	67.7%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$3.010M	$4.510M	$8.561M	$6.410M	$4.162M	$3.552M
YoY Change	-33.26%	-47.32%	33.55%	54.03%	17.15%
Total Long-Term Assets	$991.2M	$1.029B	$892.0M	$1.206B	$1.068B	$638.2M
YoY Change	-3.67%	15.35%	-26.02%	12.86%	67.42%
Total Assets	$1.129B	$1.183B	$954.6M	$1.260B	$1.111B	$668.5M
YoY Change
Accounts Payable	$23.52M	$11.77M	$15.96M	$17.70M	$13.95M	$6.836M
YoY Change	99.82%	-26.24%	-9.81%	26.83%	104.12%
Accrued Expenses	$3.485M	$6.025M	$2.624M	$2.307M	$4.385M	$1.728M
YoY Change	-42.16%	129.63%	13.74%	-47.39%	153.73%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$77.95M	$70.80M	$42.21M	$75.26M	$49.03M	$22.09M
YoY Change	10.1%	67.72%	-43.91%	53.5%	122.0%
Total Short-Term Liabilities	$105.6M	$92.85M	$61.50M	$102.1M	$85.41M	$34.33M
YoY Change	13.75%	50.99%	-39.77%	19.55%	148.82%
Long-Term Debt	$615.3M	$668.2M	$534.8M	$759.2M	$683.7M	$317.8M
YoY Change	-7.92%	24.95%	-29.56%	11.05%	115.13%
Other Long-Term Liabilities	$32.69K	$23.94K	$17.29K	$1.177M	$53.07K	$0.00
YoY Change	36.55%	38.46%	-98.53%	2118.47%
Total Long-Term Liabilities	$615.4M	$668.3M	$534.8M	$760.4M	$683.7M	$317.8M
YoY Change	-7.92%	24.96%	-29.67%	11.21%	115.14%
Total Liabilities	$721.0M	$761.1M	$596.3M	$862.5M	$769.1M	$352.1M
YoY Change	-5.27%	27.64%	-30.86%	12.14%	118.43%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $10.245 Billion

About

Okeanis Eco Tankers Corp. is a holding company, which engages in the ownership and operation of commercial shipping vessels. The company is headquartered in Athina, Attiki. The company went IPO on 2018-07-04. The company is engaged in the operation of and investment in tanker vessels, with the ambition to own, charter out and operate tanker vessels. The firm owns, through its vessel-owning subsidiaries, the SPVs (special purpose vehicles), a fleet of 14 tanker vessels, including 6 Suezmax and 8 VLCC type vessels.

Industry: Deep Sea Foreign Transportation of Freight Peers: Imperial Petroleum Inc StealthGas Inc Top Ships Inc Tsakos Energy Navigation Ltd