Overseas Story

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OSG -- USA Stock  

USD 2.08  0.05  2.46%

Overseas Shipholding Average Assets are projected to decrease significantly based on the last few years of reporting. The past year's Average Assets were at 1.11 Billion. The current year Earnings Before Interest Taxes and Depreciation Amortization EBITDA is expected to grow to about 91.3 M, whereas Enterprise Value is forecasted to decline to about 813.7 M. There are many examples of prices depinning after a drastic change in one of the basic indicators. In this short article, we will digest a few of Overseas Shipholding's essential fundamentals. I will address the reasons this entity was abused by shareholders resulted from the current market uncertainty. Overseas Shipholding Group probability of distress is over 52 percent. Will shareholders continue to be optimistic, or should we expect a sell-off in December?
Published over three weeks ago
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Are Overseas Shipholding (NYSE:OSG) unsteady basic indicators contributing to the latest dip?
Overseas Shipholding maintains Sharpe Ratio (i.e. Efficiency) of -0.17, which implies the firm had -0.17% of return per unit of risk over the last month. Macroaxis standpoint towards forecasting the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Overseas Shipholding exposes twenty-eight different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to check Overseas Shipholding risk adjusted performance of (0.13), and Coefficient Of Variation of (876.16) to confirm the risk estimate we provide.
Typically, a company's financial statements are the reports that show the financial position of the company. There are three main documents that fall into the category of financial statements. These documents include Overseas Shipholding income statement, its balance sheet, and the statement of cash flows. Potential Overseas Shipholding investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Overseas Shipholding investors may use each financial statement separately, they are all related. The changes in Overseas Shipholding's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Overseas Shipholding's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages. The goal of Overseas Shipholding fundamental analysis is to do accurate financial forecasts. There are several possible objectives to fundamental analysis, such as projecting of Overseas Shipholding performance into the future periods or doing a reasonable stock valuation. The intrinsic value of Overseas Shipholding shares is the value that is considered the true value of the share. If the intrinsic value Overseas is higher than its market price, buying is generally recommended. If it is equal to the market price, it is recommended to hold; and if it is less than the market price, then one should sell all shares Overseas Shipholding. Please read more on our fundamental analysis page.

What is Overseas Asset Breakdown?

Overseas Shipholding Group reports assets on its Balance Sheet. It represents the amount of Overseas resources that either has an existing economic value or will provide some form of benefits in the future. To get a better handle on how balance sheet or income statements item affect Overseas volatility, please check the breakdown of all its fundamentals

How Overseas utilizes its cash?

To perform a cash flow analysis of Overseas Shipholding, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Overseas Shipholding is receiving and how much cash it distributes out in a given period. The Overseas Shipholding cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities. Overseas Shipholding Net Cash Flow from Operations is projected to increase significantly based on the last few years of reporting. The past year's Net Cash Flow from Operations was at 73.45 Million

Overseas Shipholding Gross Profit

Overseas Shipholding Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Overseas Shipholding previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Overseas Shipholding Gross Profit growth over the last 10 years. Please check Gross Profit in more details.

Another Deeper Perspective

Although in the United States, the Securities and Exchange Commission has enforced strong rules to prevent insiders from engaging in insider trading, finding insiders among active shareholders of Overseas Shipholding is not uncomon. Institutional investors typically avoid acquiring a high percentage of Overseas Shipholding stocks because performing such an act may violate securities laws. They are usually not investing their own money, but rather making investments on behalf of their clients. Let's take a look at how the ownership of Overseas is distributed among investors.

Ownership Allocation

Overseas Shipholding has a total of 86.34 Million outstanding shares. Over half of Overseas Shipholding outstanding shares are owned by third-party entities. These third-party entities are typically referred to corporate investors that secure positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulation than regular investors in Overseas Shipholding. Please watch out for any change in the institutional holdings of Overseas Shipholding as this could mean something significant has changed or about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.

Retail Investors
28.29%
Insiders
19.59%
Institutions
52.12%
Retail Investors28.29
Insiders19.59
Institutions52.12

Asset Utilization

The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Overseas Shipholding has an asset utilization ratio of 12.22 percent. This indicates that the company is making $0.12 for each dollar of assets. An increasing asset utilization means that Overseas Shipholding Group is more efficient with each dollar of assets it utilizes for everyday operations.

Assets Non Current
1.3 B
Current Assets59.02 Million4.27
Assets Non Current1.29 Billion93.03
Goodwill36 Million2.61
Tax Assets1.22 Million0.0886

Our Overseas analysis indicates possible reversion in December

Standard deviation is down to 2.09. It may indicate a possible volatility dip. Overseas Shipholding Group exhibits very low volatility with skewness of 0.5 and kurtosis of 0.64. However, we advise investors to further study Overseas Shipholding Group technical indicators to make sure all market info is available and is reliable.

Our Bottom Line On Overseas Shipholding

Although many of the other players in the oil & gas midstream industry are either recovering or due for a correction, Overseas may not be as strong as the others in terms of longer-term growth potentials. With a somewhat neutral outlook on your 30 days horizon, it may be better to hold off any trading activity and neither purchase new shares of Overseas nor quit your existing holdings in the Stock. It seems the expected volatility has not yet been fully factored into the current price. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Overseas Shipholding.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Achuva Shats do not own shares of Overseas Shipholding Group. Please refer to our Terms of Use for any information regarding our disclosure principles.

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