Global Ship Lease Stock Today

GSL Stock  USD 24.38  0.19  0.77%   

Performance

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Odds Of Distress

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Global Ship is selling for 24.38 as of the 21st of September 2024. This is a 0.77 percent decrease since the beginning of the trading day. The stock's lowest day price was 23.92. Global Ship has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Global Ship Lease are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of October 2022 and ending today, the 21st of September 2024. Click here to learn more.
Business Domain
Transportation
IPO Date
25th of August 2006
Category
Industrials
Global Ship Lease, Inc. owns and charters containerships of various sizes under fixed-rate charters to container shipping companies. The company was founded in 2007 and is based in London, the United Kingdom. Global Ship is traded on New York Stock Exchange in the United States. The company has 35.26 M outstanding shares of which 1.65 M shares are currently shorted by investors with about 3.86 days to cover. More on Global Ship Lease

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Follow Valuation Options Odds of Bankruptcy
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Global Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Chief Executive OfficerIan Webber
Thematic IdeaTransportation (View all Themes)
Old NameGreatcell Solar Limited
Business ConcentrationMarine Transportation, Rental & Leasing Services, Industrials, NYSE Composite, Transportation, Industrials, Marine Transportation, Marine Shipping, Industrials (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.260.3107
Fairly Down
Pretty Stable
Gross Profit Margin0.570.5635
Fairly Up
Very volatile
Net Debt583.8 M617 M
Notably Down
Slightly volatile
Total Current Liabilities294.5 M280.4 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total620.2 M707 M
Fairly Down
Slightly volatile
Total Assets1.2 B2.2 B
Way Down
Slightly volatile
Total Current Assets310.5 M295.7 M
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities393.8 M375 M
Sufficiently Up
Slightly volatile
Debt Levels
Global Ship can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Global Ship's financial leverage. It provides some insight into what part of Global Ship's total assets is financed by creditors.
Liquidity
Global Ship Lease has 812.43 M in debt with debt to equity (D/E) ratio of 1.33, which is OK given its current industry classification. Global Ship Lease has a current ratio of 0.78, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Global to invest in growth at high rates of return.

Depreciation

96.31 Million
Global Ship Lease (GSL) is traded on New York Stock Exchange in USA. It is located in 9 Irodou Attikou Street, Athens, Greece, 14561 and employs 7 people. Global Ship is listed under Marine Transportation category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 866.34 M. Global Ship Lease runs under Marine Transportation sector within Industrials industry. The entity has 35.26 M outstanding shares of which 1.65 M shares are currently shorted by investors with about 3.86 days to cover. Global Ship Lease has about 120.13 M in cash with 375.01 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.15.
Check Global Ship Probability Of Bankruptcy
Ownership Allocation
Global Ship Lease has a total of 35.26 Million outstanding shares. Over half of Global Ship's outstanding shares are owned by outside corporations. These outside corporations are typically referred to as corporate investors that purchase positions in a given instrument to benefit from reduced trade commissions. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Global Ownership Details

Global Stock Institutional Holders

InstituionRecorded OnShares
Voloridge Investment Management, Llc2024-06-30
496 K
Rbf Llc2024-06-30
460.5 K
Jpmorgan Chase & Co2024-06-30
382.2 K
Whitefort Capital Management, Lp.2024-06-30
366.8 K
Jtc Employer Solutions Trustee Ltd2024-06-30
363.3 K
Foundry Partners, Llc2024-06-30
327.7 K
Allianz Asset Management Ag2024-06-30
283 K
State Street Corp2024-06-30
273.1 K
Healthcare Of Ontario Pension Plan Trust Fund2024-06-30
264.3 K
Donald Smith & Co Inc2024-06-30
1.6 M
Morgan Stanley - Brokerage Accounts2024-06-30
1.5 M
View Global Ship Diagnostics

Global Ship Historical Income Statement

At this time, Global Ship's Income Before Tax is quite stable compared to the past year. Net Income is expected to rise to about 319.7 M this year, although the value of Interest Expense will most likely fall to about 44.8 M. View More Fundamentals

Global Stock Against Markets

Global Ship Corporate Executives

Elected by the shareholders, the Global Ship's board of directors comprises two types of representatives: Global Ship inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Global. The board's role is to monitor Global Ship's management team and ensure that shareholders' interests are well served. Global Ship's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Global Ship's outside directors are responsible for providing unbiased perspectives on the board's policies.
Thomas ListerChief Financial Officer, Chief Commercial OfficerProfile
Anastasios PsaropoulosChief Financial OfficerProfile

Additional Information and Resources on Investing in Global Stock

When determining whether Global Ship Lease is a strong investment it is important to analyze Global Ship's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Global Ship's future performance. For an informed investment choice regarding Global Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Global Ship Lease. 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.
You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Is Marine Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Global Ship. If investors know Global will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Global Ship listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.141
Dividend Share
1.575
Earnings Share
9.04
Revenue Per Share
19.919
Quarterly Revenue Growth
0.082
The market value of Global Ship Lease is measured differently than its book value, which is the value of Global that is recorded on the company's balance sheet. Investors also form their own opinion of Global Ship's value that differs from its market value or its book value, called intrinsic value, which is Global Ship's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Global Ship's market value can be influenced by many factors that don't directly affect Global Ship's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Global Ship's value and its price as these two are different measures arrived at by different means. Investors typically determine if Global Ship is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global Ship's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.