Western Bulk Chartering AS

Company Profile

Western Bulk Chartering AS had its IPO on under the ticker symbol WSSTF.

The company operates in the Industrials sector and Marine Shipping industry. Western Bulk Chartering AS has a staff strength of 118 employees.

Stock update

Shares of Western Bulk Chartering AS opened at $4.05 at the start of the last trading session i.e. 2023-03-21.

The stocks traded within a range of $4.05 - $4.05, and closed at $4.05.

This is a 0% increase from the previous day's closing price.

A total volume of 0 shares were traded at the close of the day’s session.

In the last one week, shares of Western Bulk Chartering AS have increased by 0%.

Western Bulk Chartering AS's Key Ratios

Western Bulk Chartering AS has a market cap of $136.16 million, indicating a price to book ratio of 2.0329 and a price to sales ratio of 0.067.

In the last 12-months Western Bulk Chartering AS’s revenue was $1.62 billion with a gross profit of $112.28 million and an EBITDA of $64.70 million. The EBITDA ratio measures Western Bulk Chartering AS's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Western Bulk Chartering AS’s operating margin was 4% while its return on assets stood at 22.47% with a return of equity of 110.67%.

In Q2, Western Bulk Chartering AS’s quarterly earnings growth was a negative -60.4% while revenue growth was a negative 20.6%.

Western Bulk Chartering AS’s PE and PEG Ratio

Forward PE

0

Trailing PE

1.2423

PEG

Its diluted EPS in the last 12-months stands at $3.26 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Western Bulk Chartering AS’s profitability.

Western Bulk Chartering AS stock is trading at a EV to sales ratio of 0.0285 and a EV to EBITDA ratio of 0.4459. Its price to sales ratio in the trailing 12-months stood at 0.067.

Western Bulk Chartering AS stock pays annual dividends of $1.43 per share, indicating a yield of 35.45% and a payout ratio of 75.13%.

Balance sheet and cash flow metrics

Total Assets

$224.84 million

Total Liabilities

$164.58 million

Operating Cash Flow

$380000.00

Capital Expenditure

$51500

Dividend Payout Ratio

75.13%

Western Bulk Chartering AS ended 2023 with $224.84 million in total assets and $0 in total liabilities. Its intangible assets were valued at $224.84 million while shareholder equity stood at $59.54 million.

Western Bulk Chartering AS ended 2023 with $0 in deferred long-term liabilities, $164.58 million in other current liabilities, 205000.00 in common stock, $27.64 million in retained earnings and $0 in goodwill. Its cash balance stood at $80.58 million and cash and short-term investments were $0. The company’s total short-term debt was $0 while long-term debt stood at $0.

Western Bulk Chartering AS’s total current assets stands at $223.83 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $59.56 million compared to accounts payable of $39.47 million and inventory worth $83.69 million.

In 2023, Western Bulk Chartering AS's operating cash flow was $380000.00 while its capital expenditure stood at $51500.

Comparatively, Western Bulk Chartering AS paid $0.75 in dividends in 2023.

Other key metrics

Current Trading Price

$4.05

52-Week High

$5.0025

52-Week Low

$1.55

Analyst Target Price

$

Western Bulk Chartering AS stock is currently trading at $4.05 per share. It touched a 52-week high of $5.0025 and a 52-week low of $5.0025. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $3.85 and 200-day moving average was $3.93 The short ratio stood at 0 indicating a short percent outstanding of 0%.

Around 1060.9% of the company’s stock are held by insiders while 7255.3% are held by institutions.