StealthGas Long Term Debt vs Net Invested Capital Analysis

GASS Stock

USD 5.98 0.22 3.82%

StealthGas financial indicator trend analysis is much more than just breaking down StealthGas prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether StealthGas is a good investment. Please check the relationship between StealthGas Long Term Debt and its Net Invested Capital accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in StealthGas. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

For more information on how to buy StealthGas Stock please use our How to Invest in StealthGas guide.

Long Term Debt vs Net Invested Capital

Long Term Debt vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of StealthGas Long Term Debt account and Net Invested Capital. At this time, the significance of the direction appears to have strong relationship.

The correlation between StealthGas' Long Term Debt and Net Invested Capital is 0.69. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of StealthGas, assuming nothing else is changed. The correlation between historical values of StealthGas' Long Term Debt and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of StealthGas are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Long Term Debt i.e., StealthGas' Long Term Debt and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.69

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Long Term Debt

Long-term debt is a debt that StealthGas has held for over one year. Long-term debt appears on StealthGas balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on StealthGas balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Most indicators from StealthGas' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into StealthGas current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in StealthGas. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

For more information on how to buy StealthGas Stock please use our How to Invest in StealthGas guide.At this time, StealthGas' Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 318.7 M in 2024, whereas Selling General Administrative is likely to drop slightly above 9.3 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	61.2M	72.7M	74.6M	68.8M
Total Revenue	150.2M	152.8M	143.5M	130.3M

Gross Profit Total Revenue

StealthGas fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Retained Earnings	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Short Long Term Debt Total	Other Liab	Current Deferred Revenue	Net Debt	Cash	Other Assets	Long Term Debt
Total Assets		0.53	0.88	0.93	0.99	0.58	0.83	0.99	0.22	0.64	0.72	0.89	0.81	-0.03	0.96	0.83	0.94	0.63	0.84	0.73	0.0	0.55	0.61	0.5	0.4	0.72
Other Current Liab	0.53		0.64	0.39	0.52	0.02	0.42	0.5	0.26	0.0	0.23	0.41	0.19	-0.26	0.44	0.62	0.48	0.45	0.37	0.58	-0.05	0.47	0.57	0.09	0.04	0.6
Total Current Liabilities	0.88	0.64		0.72	0.88	0.39	0.59	0.86	0.08	0.54	0.51	0.66	0.59	-0.08	0.76	0.83	0.75	0.62	0.6	0.77	0.13	0.5	0.65	0.51	0.26	0.75
Total Stockholder Equity	0.93	0.39	0.72		0.88	0.72	0.91	0.9	0.25	0.73	0.86	0.97	0.73	0.09	0.99	0.64	0.92	0.71	0.96	0.52	-0.23	0.66	0.38	0.58	0.5	0.5
Property Plant And Equipment Net	0.99	0.52	0.88	0.88		0.5	0.76	0.99	0.15	0.58	0.64	0.83	0.8	-0.08	0.91	0.87	0.9	0.53	0.77	0.78	0.07	0.48	0.68	0.44	0.4	0.77
Retained Earnings	0.58	0.02	0.39	0.72	0.5		0.64	0.53	-0.09	0.69	0.85	0.66	0.44	0.69	0.66	0.06	0.59	0.62	0.69	-0.09	-0.32	0.53	-0.25	0.51	0.63	-0.12
Accounts Payable	0.83	0.42	0.59	0.91	0.76	0.64		0.81	0.47	0.68	0.78	0.9	0.72	0.02	0.89	0.57	0.91	0.64	0.91	0.44	-0.26	0.61	0.35	0.35	0.48	0.44
Non Current Assets Total	0.99	0.5	0.86	0.9	0.99	0.53	0.81		0.22	0.6	0.69	0.86	0.83	-0.08	0.94	0.85	0.94	0.53	0.81	0.75	0.01	0.49	0.66	0.41	0.41	0.74
Non Currrent Assets Other	0.22	0.26	0.08	0.25	0.15	-0.09	0.47	0.22		0.1	0.23	0.33	0.33	-0.53	0.29	0.23	0.35	0.12	0.34	0.2	-0.39	0.1	0.26	-0.17	-0.3	0.24
Net Receivables	0.64	0.0	0.54	0.73	0.58	0.69	0.68	0.6	0.1		0.67	0.65	0.51	0.21	0.67	0.38	0.61	0.59	0.66	0.3	-0.15	0.29	0.16	0.57	0.51	0.27
Common Stock Total Equity	0.72	0.23	0.51	0.86	0.64	0.85	0.78	0.69	0.23	0.67		0.88	0.53	0.3	0.84	0.26	0.76	0.59	0.9	0.13	-0.58	0.7	0.01	0.44	0.58	0.11
Common Stock Shares Outstanding	0.89	0.41	0.66	0.97	0.83	0.66	0.9	0.86	0.33	0.65	0.88		0.66	0.04	0.97	0.58	0.91	0.65	0.99	0.47	-0.35	0.69	0.36	0.49	0.53	0.45
Inventory	0.81	0.19	0.59	0.73	0.8	0.44	0.72	0.83	0.33	0.51	0.53	0.66		-0.1	0.75	0.72	0.82	0.35	0.62	0.63	0.16	0.26	0.58	0.25	0.22	0.63
Other Current Assets	-0.03	-0.26	-0.08	0.09	-0.08	0.69	0.02	-0.08	-0.53	0.21	0.3	0.04	-0.1		0.01	-0.43	0.01	0.25	0.07	-0.55	-0.05	0.11	-0.64	0.22	0.43	-0.58
Other Stockholder Equity	0.96	0.44	0.76	0.99	0.91	0.66	0.89	0.94	0.29	0.67	0.84	0.97	0.75	0.01		0.69	0.93	0.66	0.95	0.58	-0.21	0.65	0.45	0.54	0.46	0.56
Total Liab	0.83	0.62	0.83	0.64	0.87	0.06	0.57	0.85	0.23	0.38	0.26	0.58	0.72	-0.43	0.69		0.74	0.4	0.51	0.98	0.34	0.26	0.93	0.3	0.08	0.98
Property Plant And Equipment Gross	0.94	0.48	0.75	0.92	0.9	0.59	0.91	0.94	0.35	0.61	0.76	0.91	0.82	0.01	0.93	0.74		0.56	0.88	0.61	-0.1	0.52	0.54	0.31	0.46	0.61
Total Current Assets	0.63	0.45	0.62	0.71	0.53	0.62	0.64	0.53	0.12	0.59	0.59	0.65	0.35	0.25	0.66	0.4	0.56		0.65	0.29	-0.05	0.71	0.08	0.83	0.2	0.26
Common Stock	0.84	0.37	0.6	0.96	0.77	0.69	0.91	0.81	0.34	0.66	0.9	0.99	0.62	0.07	0.95	0.51	0.88	0.65		0.39	-0.42	0.71	0.28	0.48	0.53	0.37
Short Long Term Debt Total	0.73	0.58	0.77	0.52	0.78	-0.09	0.44	0.75	0.2	0.3	0.13	0.47	0.63	-0.55	0.58	0.98	0.61	0.29	0.39		0.37	0.16	0.97	0.25	0.01	1.0
Other Liab	0.0	-0.05	0.13	-0.23	0.07	-0.32	-0.26	0.01	-0.39	-0.15	-0.58	-0.35	0.16	-0.05	-0.21	0.34	-0.1	-0.05	-0.42	0.37		-0.4	0.35	0.09	-0.3	0.37
Current Deferred Revenue	0.55	0.47	0.5	0.66	0.48	0.53	0.61	0.49	0.1	0.29	0.7	0.69	0.26	0.11	0.65	0.26	0.52	0.71	0.71	0.16	-0.4		0.01	0.57	0.39	0.14
Net Debt	0.61	0.57	0.65	0.38	0.68	-0.25	0.35	0.66	0.26	0.16	0.01	0.36	0.58	-0.64	0.45	0.93	0.54	0.08	0.28	0.97	0.35	0.01		-0.01	-0.03	0.97
Cash	0.5	0.09	0.51	0.58	0.44	0.51	0.35	0.41	-0.17	0.57	0.44	0.49	0.25	0.22	0.54	0.3	0.31	0.83	0.48	0.25	0.09	0.57	-0.01		0.13	0.2
Other Assets	0.4	0.04	0.26	0.5	0.4	0.63	0.48	0.41	-0.3	0.51	0.58	0.53	0.22	0.43	0.46	0.08	0.46	0.2	0.53	0.01	-0.3	0.39	-0.03	0.13		-0.03
Long Term Debt	0.72	0.6	0.75	0.5	0.77	-0.12	0.44	0.74	0.24	0.27	0.11	0.45	0.63	-0.58	0.56	0.98	0.61	0.26	0.37	1.0	0.37	0.14	0.97	0.2	-0.03

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StealthGas Account Relationship Matchups

StealthGas fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	953.4M	944.0M	798.7M	821.5M	697.2M	802.7M
Other Current Liab	12.3M	8.6M	12.5M	9.4M	6.6M	6.3M
Total Current Liabilities	66.4M	63.1M	58.7M	56.6M	38.7M	65.1M
Total Stockholder Equity	559.2M	564.6M	474.8M	517.9M	549.7M	453.9M
Property Plant And Equipment Net	838.6M	838.9M	681.4M	651.9M	527.8M	702.7M
Retained Earnings	82.9M	94.9M	59.8M	94.1M	146.0M	153.3M
Accounts Payable	9.0M	10.0M	8.6M	11.8M	10.0M	7.5M
Non Current Assets Total	875.5M	896.0M	747.0M	716.8M	576.5M	723.7M
Non Currrent Assets Other	12.4M	13.9M	12.2M	18.3M	1.2M	1.2M
Net Receivables	4.5M	3.7M	2.2M	4.8M	4.6M	3.4M
Common Stock Total Equity	501.9M	502.3M	502.9M	500.0M	575.0M	603.7M
Common Stock Shares Outstanding	39.8M	38.4M	37.9M	38.0M	37.2M	31.5M
Liabilities And Stockholders Equity	953.4M	944.0M	798.7M	821.5M	697.2M	802.7M
Inventory	2.4M	3.7M	2.8M	3.1M	2.0M	2.4M
Other Current Assets	118.2K	309.6K	299.0K	270.5K	36.3M	38.1M
Other Stockholder Equity	478.1M	474.2M	417.6M	418.2M	402.5M	384.9M
Total Liab	394.3M	379.4M	323.9M	303.6M	147.5M	140.2M
Property Plant And Equipment Gross	835.6M	838.9M	872.8M	851.4M	722.2M	716.0M
Total Current Assets	77.9M	48.1M	51.7M	104.7M	120.7M	79.0M
Accumulated Other Comprehensive Income	(2.3M)	(5.0M)	(3.1M)	5.2M	731.8K	768.4K
Short Long Term Debt Total	366.5M	351.8M	293.9M	277.1M	123.6M	117.5M
Current Deferred Revenue	3.8M	4.0M	5.7M	5.2M	5.4M	5.2M
Net Debt	298.0M	313.6M	262.6M	221.3M	45.8M	43.5M
Cash	68.5M	38.2M	31.3M	55.8M	77.9M	60.1M
Other Assets	15.3M	20.4M	12.2M	41.7M	48.0M	50.3M
Long Term Debt	325.2M	311.2M	262.0M	247.0M	106.9M	101.6M
Cash And Short Term Investments	68.5M	38.2M	31.3M	82.3M	77.9M	61.6M
Non Current Liabilities Total	327.9M	316.3M	265.2M	247.1M	108.9M	103.4M
Short Term Debt	41.2M	40.5M	31.9M	30.1M	16.7M	15.9M
Property Plant Equipment	835.6M	832.3M	681.4M	628.5M	722.8M	737.3M
Net Tangible Assets	559.2M	564.6M	474.8M	517.9M	466.1M	437.9M
Short Long Term Debt	40.7M	40.5M	31.8M	30.1M	16.6M	15.8M
Long Term Investments	25.3M	43.2M	53.3M	46.6M	39.7M	23.1M

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