Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $18.72 USD
Change Today -0.20 / -1.06%
Volume 415.5K
SSW On Other Exchanges
Symbol
Exchange
Frankfurt
As of 4:15 PM 07/7/15 All times are local (Market data is delayed by at least 15 minutes).

Financial Statements for seaspan corp (SSW)

Although debt as a percent of total capital decreased at Seaspan Corporation over the last fiscal year to 68.40%, it is still in-line with the Marine industry's norm. Additionally, even though there are not enough liquid assets to satisfy current obligations, Operating Profits are more than adequate to service the debt. Accounts Receivable are among the industry's worst, and weakening, with 17.02 days worth of sales outstanding. This implies that revenues are not being collected in an efficient manner.
Currency in
Millions of US Dollars
As of:Dec 31
2011
Reclassified
Dec 31
2012
Restated
Dec 31
2013
Restated
Dec 31
2014
4 Year
Trend
Assets    
Cash and Equivalents481.1381.4476.4201.8
Short-Term Investments--36.111.71.2
TOTAL CASH AND SHORT TERM INVESTMENTS481.1417.5488.1203.0
Accounts Receivable21.525.631.635.3
Notes Receivable----54.1237.9
Other Receivables----3.79.6
TOTAL RECEIVABLES21.525.689.4282.8
Prepaid Expenses17.420.922.731.1
TOTAL CURRENT ASSETS520.0463.9600.1516.9
Gross Property Plant and Equipment5,092.25,417.45,713.65,992.3
Accumulated Depreciation-395.0-553.6-720.8-895.0
NET PROPERTY PLANT AND EQUIPMENT4,697.24,863.84,992.75,097.3
Goodwill--75.375.375.3
Long-Term Investments0.841.664.557.2
Accounts Receivable, Long Term95.879.859.037.8
Deferred Charges, Long Term45.943.854.064.7
Other Intangibles6.53.02.72.5
Other Long-Term Assets81.479.699.543.6
TOTAL ASSETS5,447.75,650.95,947.85,895.4
    
LIABILITIES & EQUITY    
Accounts Payable--29.342.837.7
Accrued Expenses47.820.722.927.5
Current Portion of Long-Term Debt/Capital Lease118.7105.2427.1305.5
Current Portion of Capital Lease Obligations37.238.538.9--
Other Current Liabilities, Total------18.5
Unearned Revenue, Current23.325.127.727.7
TOTAL CURRENT LIABILITIES189.8180.3520.4416.9
Long-Term Debt3,478.73,631.03,278.83,472.3
Capital Leases583.3613.0572.7--
Unearned Revenue, Non-Current12.57.94.17.3
Other Non-Current Liabilities------253.5
TOTAL LIABILITIES4,264.34,432.34,376.14,150.2
TOTAL PREFERRED EQUITY0.10.20.20.2
Common Stock0.70.60.71.0
Additional Paid in Capital1,861.01,859.12,023.62,238.9
Retained Earnings-622.4-594.2-411.8-459.2
Treasury Stock---0.3-0.4-0.4
Comprehensive Income and Other-56.0-46.8-40.6-35.3
TOTAL COMMON EQUITY1,183.31,218.41,571.51,745.0
TOTAL EQUITY1,183.41,218.61,571.71,745.2
TOTAL LIABILITIES AND EQUITY5,447.75,650.95,947.85,895.4
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
SSW:US $18.72 USD -0.20

SSW Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Costamare Inc $17.76 USD -0.34
Danaos Corp $5.98 USD -0.02
Matson Inc $42.04 USD 0.00
Navios Maritime Partners LP $10.25 USD -0.15
Ship Finance International Ltd $16.62 USD -0.02
View Industry Companies
 

Industry Analysis

SSW

Industry Average

Valuation SSW Industry Range
Price/Earnings 22.9x
Price/Sales 2.5x
Price/Book 1.1x
Price/Cash Flow 5.8x
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact SEASPAN CORP, please visit . Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.