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GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 6/10

vs
industry
vs
history
Cash to Debt 0.24
BALT's Cash to Debt is ranked higher than
64% of the 1048 Companies
in the Global Shipping & Ports industry.

( Industry Median: 0.39 vs. BALT: 0.24 )
BALT' s 10-Year Cash to Debt Range
Min: 0.01   Max: No Debt
Current: 0.24

Equity to Asset 0.69
BALT's Equity to Asset is ranked higher than
92% of the 1028 Companies
in the Global Shipping & Ports industry.

( Industry Median: 0.45 vs. BALT: 0.69 )
BALT' s 10-Year Equity to Asset Range
Min: 0.69   Max: 0.95
Current: 0.69

0.69
0.95
F-Score: 6
Z-Score: 1.06
M-Score: 0.98
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 4/10

vs
industry
vs
history
Operating margin (%) -19.21
BALT's Operating margin (%) is ranked lower than
51% of the 973 Companies
in the Global Shipping & Ports industry.

( Industry Median: 7.08 vs. BALT: -19.21 )
BALT' s 10-Year Operating margin (%) Range
Min: -47.49   Max: 31.78
Current: -19.21

-47.49
31.78
Net-margin (%) -31.67
BALT's Net-margin (%) is ranked lower than
51% of the 983 Companies
in the Global Shipping & Ports industry.

( Industry Median: 4.47 vs. BALT: -31.67 )
BALT' s 10-Year Net-margin (%) Range
Min: -63.25   Max: 25.56
Current: -31.67

-63.25
25.56
ROE (%) -2.96
BALT's ROE (%) is ranked higher than
54% of the 957 Companies
in the Global Shipping & Ports industry.

( Industry Median: 7.13 vs. BALT: -2.96 )
BALT' s 10-Year ROE (%) Range
Min: -6.63   Max: 2.88
Current: -2.96

-6.63
2.88
ROA (%) -2.04
BALT's ROA (%) is ranked higher than
55% of the 988 Companies
in the Global Shipping & Ports industry.

( Industry Median: 2.94 vs. BALT: -2.04 )
BALT' s 10-Year ROA (%) Range
Min: -4.74   Max: 2.1
Current: -2.04

-4.74
2.1
ROC (Joel Greenblatt) (%) -1.41
BALT's ROC (Joel Greenblatt) (%) is ranked higher than
54% of the 977 Companies
in the Global Shipping & Ports industry.

( Industry Median: 8.31 vs. BALT: -1.41 )
BALT' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -3.63   Max: 2.69
Current: -1.41

-3.63
2.69
» BALT's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q2 2013

BALT Guru Trades in Q2 2013

Howard Marks 1,303,000 sh (New)
Arnold Schneider 10,000 sh (New)
Manning & Napier Advisors, Inc 862,460 sh (+85.05%)
Jim Simons 91,200 sh (-22.91%)
» More
Q3 2013

BALT Guru Trades in Q3 2013

Chuck Royce 590,000 sh (New)
George Soros 117,600 sh (New)
Steven Cohen 66,800 sh (New)
Jim Simons 210,034 sh (+130.3%)
Manning & Napier Advisors, Inc 1,007,770 sh (+16.85%)
Arnold Schneider 11,210 sh (+12.1%)
Howard Marks 900,000 sh (-30.93%)
» More
Q4 2013

BALT Guru Trades in Q4 2013

Jeremy Grantham 269,870 sh (New)
Arnold Schneider 100,590 sh (+797.32%)
Chuck Royce 1,065,000 sh (+80.51%)
Howard Marks Sold Out
Steven Cohen Sold Out
Jim Simons Sold Out
George Soros Sold Out
Manning & Napier Advisors, Inc 534,970 sh (-46.92%)
» More
Q1 2014

BALT Guru Trades in Q1 2014

Jim Simons 47,602 sh (New)
George Soros 112,300 sh (New)
Chuck Royce 1,381,000 sh (+29.67%)
Manning & Napier Advisors, Inc Sold Out
Arnold Schneider Sold Out
Jeremy Grantham 70,056 sh (-74.04%)
» More
» Details

Insider Trades

Latest Guru Trades with BALT

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
George Soros 2014-03-31 New Buy0.01%$5.21 - $7.6 $ 5.32-16%112300
George Soros 2013-12-31 Sold Out 0.01%$4.48 - $6.58 $ 5.324%0
George Soros 2013-09-30 New Buy0.01%$3.59 - $5.57 $ 5.3222%117600
Premium More recent guru trades are included for Premium Members only!!
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Top Ranked Articles about Baltic Trading Ltd

Oaktree's Howard Marks Increases Stake in Star Bulk Carrier to 21.9%
On Monday, Oaktree Capital investor Howard Marks increased his stake in a company that ships commodities globally, Star Bulk Carrier Corp. (SBLK), to 21.9%. The company is incorporated in the Marshall Islands, an island country in the northern Pacific Ocean that is part of Micronesia and uses U.S. currency, and has headquarters in Athens, Greece. Read more...

Ratios

vs
industry
vs
history
P/B 0.80
BALT's P/B is ranked higher than
85% of the 1101 Companies
in the Global Shipping & Ports industry.

( Industry Median: 1.43 vs. BALT: 0.80 )
BALT' s 10-Year P/B Range
Min: 0.25   Max: 1.13
Current: 0.8

0.25
1.13
P/S 3.90
BALT's P/S is ranked higher than
51% of the 1101 Companies
in the Global Shipping & Ports industry.

( Industry Median: 1.13 vs. BALT: 3.90 )
BALT' s 10-Year P/S Range
Min: 1.19   Max: 8.31
Current: 3.9

1.19
8.31
EV-to-EBIT -89.68
BALT's EV-to-EBIT is ranked lower than
56% of the 1101 Companies
in the Global Shipping & Ports industry.

( Industry Median: 20.15 vs. BALT: -89.68 )
BALT' s 10-Year EV-to-EBIT Range
Min: 22.9   Max: 159.4
Current: -89.68

22.9
159.4
Current Ratio 4.88
BALT's Current Ratio is ranked higher than
97% of the 1051 Companies
in the Global Shipping & Ports industry.

( Industry Median: 1.27 vs. BALT: 4.88 )
BALT' s 10-Year Current Ratio Range
Min: 1.58   Max: 209.85
Current: 4.88

1.58
209.85
Quick Ratio 4.88
BALT's Quick Ratio is ranked higher than
97% of the 1051 Companies
in the Global Shipping & Ports industry.

( Industry Median: 1.20 vs. BALT: 4.88 )
BALT' s 10-Year Quick Ratio Range
Min: 1.58   Max: 209.85
Current: 4.88

1.58
209.85

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 1.30
BALT's Dividend Yield is ranked lower than
66% of the 799 Companies
in the Global Shipping & Ports industry.

( Industry Median: 1.94 vs. BALT: 1.30 )
BALT' s 10-Year Dividend Yield Range
Min: 0.73   Max: 13.45
Current: 1.3

0.73
13.45
Yield on cost (5-Year) 1.30
BALT's Yield on cost (5-Year) is ranked lower than
64% of the 807 Companies
in the Global Shipping & Ports industry.

( Industry Median: 1.96 vs. BALT: 1.30 )
BALT' s 10-Year Yield on cost (5-Year) Range
Min: 0.73   Max: 13.45
Current: 1.3

0.73
13.45

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 0.80
BALT's Price/Tangible Book is ranked higher than
87% of the 1101 Companies
in the Global Shipping & Ports industry.

( Industry Median: 1.74 vs. BALT: 0.80 )
BALT' s 10-Year Price/Tangible Book Range
Min: 0.26   Max: 1.07
Current: 0.8

0.26
1.07
Price/Median PS Value 1.59
BALT's Price/Median PS Value is ranked higher than
58% of the 1101 Companies
in the Global Shipping & Ports industry.

( Industry Median: 1.15 vs. BALT: 1.59 )
BALT' s 10-Year Price/Median PS Value Range
Min: 0.54   Max: 2.95
Current: 1.59

0.54
2.95
Earnings Yield (Greenblatt) 0.80
BALT's Earnings Yield (Greenblatt) is ranked lower than
54% of the 964 Companies
in the Global Shipping & Ports industry.

( Industry Median: 5.70 vs. BALT: 0.80 )
BALT' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.6   Max: 4.4
Current: 0.8

0.6
4.4

Business Description

Industry: Transportation & Logistics » Shipping & Ports
Compare: » details
Traded in other countries:L8B.Germany
Baltic Trading Limited is a New York City-based company incorporated in October 2009 in the Marshall Islands to conduct a shipping business focused on the drybulk industry spot market. The Company's fleet currently consists of two Capesize vessels, four Supramax vessels and three Handysize vessels with an aggregate carrying capacity of approximately 672,000 deadweight tons. Its fleet contains three groups of sister ships, which are vessels of virtually identical sizes and specifications. The Company is seeking to leverage the expertise and reputation of Genco to pursue growth opportunities in the drybulk shipping spot market. To pursue these opportunities, it operate a fleet of drybulk ships that will transport iron ore, coal, grain, steel products and other drybulk cargoes along worldwide shipping routes. It plans to operate all of its vessels in the spot market, on spot market-related time charters, or in vessel pools trading in the spot market. It has financed its fleet mainly with equity capital and has financed the remainder with its revolving credit facility. Its customers include national, regional and international companies, including Cargill International S.A. ('Cargill'), Klaveness Chartering ('Klaveness'), Resource Marine PTE Ltd. (part of the Macquarie group of Companies) ('Resource Marine'), and Swissmarine Services S.A. ('Swissmarine'). The Company competes with other owners of drybulk carriers in the Capesize, Supramax and Handysize class sectors, some of whom may also charter its vessels as customers. The Company is subject to international conventions and treaties, national, state and local laws and regulations in force in the countries in which its vessels may operate or are atregistered relating to safety and health and environmental protection including the storage, handling, emission, transportation and discharge of hazardous and non-hazardous merials, and the remediation of contamination and liability for damage to natural resources.
» More Articles for BALT

Headlines

Articles On GuruFocus.com
Short Thesis Part Three - Genco Shipping and Trading Ready to Sink (GNK) Dec 03 2013 
Short Thesis Part Two - Genco Shipping and Trading Ready to Sink (GNK) Nov 14 2013 
Oaktree's Howard Marks Increases Stake in Star Bulk Carrier to 21.9% Oct 09 2013 
spot exposure to dry Feb 07 2013 
9 High Yield Stocks With Highest Earnings Growth Dec 17 2011 
The New York-based B Jun 18 2011 
14 Cheap Dividend Stocks Close to 52-Week Lows May 05 2011 

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