Yes, similar in the sense that they both are very profitable vs. today's stock prices. Both could double twice this year, from these prices. Half of TBSI's ships are tweendeckers that can provide unique shipping services. So, you need to put some value on that business.
The big question is ---- what does the lenders know about TBSI's business that we don't. For a company with good cash balances and modest debt, the lenders are not happy with the original lending covenants.
I wouldn't be surprised if TBSI needs to reserve part of their cash as collateral for loans and there will be a new repayment plan under negotiation.