Total Cash (mrq): 332.00K
Total Cash Per Share (mrq): 0.51
Total Debt (mrq): 89.58M
Total Debt/Equity (mrq): 535.98
Current Ratio (mrq): 0.38
Book Value Per Share (mrq): 25.42
Sentiment: Strong Buy
You have read the 20-f they filed recently, haven't you? In it they say, "Indicates drybulk carriers for which we believe, as of December 31, 2012, the basic charter-free market value is lower than the vessel’s carrying value. We believe that the aggregate carrying value of these vessels exceeds their aggregate basic charter-free market value by approximately $55.8 million." The carrying value is $110 million. So they say the vessels are worth HALF what they owe on them. IF they are correct, and the value of their fleet is $54.2 million and there are 6 million shares out, then the the fleet is worth $9 per share. That's GREAT except..... they OWE $14.83 per share for that fleet. Ouch.
Really sad that you can't read English and understand it. Which third world shithole do you hail from?