Paragon Shipping Inc
Paragon Shipping Inc. provides shipping transportation services worldwide. It engages in the ocean transportation of drybulk cargoes, including commodities, such as iron ore, coal, grain, and other materials. Paragon Shipping Inc. was founded in 2006 and is based in Voula, Greece.
Paragon Shipping Inc (PRGNF) - Total Assets
Latest total assets as of December 2016: $716.00K USD
Based on the latest financial reports, Paragon Shipping Inc (PRGNF) holds total assets worth $716.00K USD as of December 2016.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Paragon Shipping Inc - Total Assets Trend (2006–2016)
This chart illustrates how Paragon Shipping Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Paragon Shipping Inc - Asset Composition Analysis
Current Asset Composition (December 2016)
Paragon Shipping Inc's total assets of $716.00K consist of 70.5% current assets and 29.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 46.3% |
| Accounts Receivable | $83.12K | 11.6% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $195.31K | 27.3% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2006–2016)
This chart illustrates how Paragon Shipping Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Paragon Shipping Inc's current assets represent 70.5% of total assets in 2016, an increase from 0.0% in 2006.
- Cash Position: Cash and equivalents constituted 46.3% of total assets in 2016, up from 17.2% in 2006.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2006.
- Asset Diversification: The largest asset category is property, plant & equipment at 27.3% of total assets.
Paragon Shipping Inc Competitors by Total Assets
Key competitors of Paragon Shipping Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Costamare Bulkers Holdings Limited
NYSE:CMDB
|
USA | $1.09 Billion |
|
Shenzhen Yan Tian Port Holdings Co Ltd
SHE:000088
|
China | CN¥24.14 Billion |
|
Zhuhai Port Co Ltd
SHE:000507
|
China | CN¥20.23 Billion |
|
Chang Jiang Shipping Group Phoenix Co Ltd
SHE:000520
|
China | CN¥631.24 Million |
|
Beibuwan Port Co Ltd
SHE:000582
|
China | CN¥37.60 Billion |
|
Eusu Holdings
KO:000700
|
Korea | ₩477.98 Billion |
|
Xiamen Port Development Co Ltd
SHE:000905
|
China | CN¥13.50 Billion |
|
Nanjing Shenghang Shipping Co Ltd
SHE:001205
|
China | CN¥4.57 Billion |
Paragon Shipping Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Paragon Shipping Inc generates 2.77x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Paragon Shipping Inc generates $ 3319.42 in net profit.
Paragon Shipping Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.15 | 0.36 | 0.36 |
| Quick Ratio | 0.14 | 0.35 | 0.35 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-130.23 Million | $ -144.29 Million | $ -144.29 Million |
Paragon Shipping Inc - Advanced Valuation Insights
This section examines the relationship between Paragon Shipping Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -99.3% |
| Total Assets | $715.95K |
| Market Capitalization | $21.34 USD |
Valuation Analysis
Below Book Valuation: The market values Paragon Shipping Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Paragon Shipping Inc's assets decreased by 99.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Paragon Shipping Inc (2006–2016)
The table below shows the annual total assets of Paragon Shipping Inc from 2006 to 2016.
| Year | Total Assets | Change |
|---|---|---|
| 2016-12-31 | $715.95K | -99.33% |
| 2015-12-31 | $107.24 Million | -76.51% |
| 2014-12-31 | $456.60 Million | +8.83% |
| 2013-12-31 | $419.55 Million | -0.10% |
| 2012-12-31 | $419.98 Million | -2.80% |
| 2011-12-31 | $432.07 Million | -47.39% |
| 2010-12-31 | $821.28 Million | +1.06% |
| 2009-12-31 | $812.69 Million | +9.47% |
| 2008-12-31 | $742.42 Million | +12.58% |
| 2007-12-31 | $659.47 Million | +250.34% |
| 2006-12-31 | $188.24 Million | -- |