Switch to:

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 0.14
BALT's Cash to Debt is ranked higher than
62% of the 1156 Companies
in the Global Shipping & Ports industry.

( Industry Median: 0.32 vs. BALT: 0.14 )
BALT' s 10-Year Cash to Debt Range
Min: 0.01   Max: No Debt
Current: 0.14

Equity to Asset 0.69
BALT's Equity to Asset is ranked higher than
93% of the 1146 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: 0.50
M-Score: 2.22
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 : 5/10

vs
industry
vs
history
Operating margin (%) -17.35
BALT's Operating margin (%) is ranked lower than
51% of the 1161 Companies
in the Global Shipping & Ports industry.

( Industry Median: 6.82 vs. BALT: -17.35 )
BALT' s 10-Year Operating margin (%) Range
Min: -47.49   Max: 31.78
Current: -17.35

-47.49
31.78
Net-margin (%) -29.12
BALT's Net-margin (%) is ranked lower than
51% of the 1161 Companies
in the Global Shipping & Ports industry.

( Industry Median: 4.58 vs. BALT: -29.12 )
BALT' s 10-Year Net-margin (%) Range
Min: -63.25   Max: 25.56
Current: -29.12

-63.25
25.56
ROE (%) -3.82
BALT's ROE (%) is ranked higher than
55% of the 1147 Companies
in the Global Shipping & Ports industry.

( Industry Median: 7.30 vs. BALT: -3.82 )
BALT' s 10-Year ROE (%) Range
Min: -6.37   Max: 5.75
Current: -3.82

-6.37
5.75
ROA (%) -2.65
BALT's ROA (%) is ranked higher than
53% of the 1168 Companies
in the Global Shipping & Ports industry.

( Industry Median: 2.92 vs. BALT: -2.65 )
BALT' s 10-Year ROA (%) Range
Min: -4.61   Max: 4.19
Current: -2.65

-4.61
4.19
ROC (Joel Greenblatt) (%) -1.80
BALT's ROC (Joel Greenblatt) (%) is ranked higher than
53% of the 1163 Companies
in the Global Shipping & Ports industry.

( Industry Median: 7.77 vs. BALT: -1.80 )
BALT' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -3.56   Max: 5.38
Current: -1.8

-3.56
5.38
» BALT's 10-Y Financials

Financials


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

» Details

Guru Trades

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%)
Steven Cohen Sold Out
Jim Simons Sold Out
George Soros Sold Out
Howard Marks 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%)
Arnold Schneider Sold Out
Manning & Napier Advisors, Inc Sold Out
Jeremy Grantham 70,056 sh (-74.04%)
» More
Q2 2014

BALT Guru Trades in Q2 2014

Chuck Royce 1,488,000 sh (+7.75%)
George Soros Sold Out
Jim Simons Sold Out
Jeremy Grantham 28,872 sh (-58.79%)
» More
Q3 2014

BALT Guru Trades in Q3 2014

Arnold Schneider 130,075 sh (New)
Chuck Royce 1,808,000 sh (+21.51%)
Jeremy Grantham 28,872 sh (unchged)
» More
» Details

Insider Trades

Latest Guru Trades with BALT

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Arnold Schneider 2014-09-30 New Buy0.07%$4.21 - $6 $ 2.52-54%130075
George Soros 2014-06-30 Sold Out 0.01%$5.81 - $6.86 $ 2.52-60%0
Arnold Schneider 2014-03-31 Sold Out 0.06%$5.21 - $7.6 $ 2.52-60%0
George Soros 2014-03-31 New Buy0.01%$5.21 - $7.6 $ 2.52-60%112300
Arnold Schneider 2013-12-31 Add 797.32%0.05%$4.48 - $6.58 $ 2.52-51%100590
George Soros 2013-12-31 Sold Out 0.01%$4.48 - $6.58 $ 2.52-51%0
George Soros 2013-09-30 New Buy0.01%$3.59 - $5.57 $ 2.52-42%117600
Arnold Schneider 2013-06-30 New Buy$3.23 - $4.05 $ 2.52-29%10000
Premium More recent guru trades are included for Premium Members only!!
Premium More recent guru trades are included for USA Subscribe Members only!!
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Ratios

vs
industry
vs
history
P/B 0.39
BALT's P/B is ranked higher than
96% of the 1207 Companies
in the Global Shipping & Ports industry.

( Industry Median: 1.45 vs. BALT: 0.39 )
BALT' s 10-Year P/B Range
Min: 0.25   Max: 1.13
Current: 0.39

0.25
1.13
P/S 2.83
BALT's P/S is ranked higher than
61% of the 1207 Companies
in the Global Shipping & Ports industry.

( Industry Median: 1.14 vs. BALT: 2.83 )
BALT' s 10-Year P/S Range
Min: 1.65   Max: 8.31
Current: 2.83

1.65
8.31
Current Ratio 3.90
BALT's Current Ratio is ranked higher than
96% of the 1163 Companies
in the Global Shipping & Ports industry.

( Industry Median: 1.28 vs. BALT: 3.90 )
BALT' s 10-Year Current Ratio Range
Min: 1.58   Max: 209.85
Current: 3.9

1.58
209.85
Quick Ratio 3.90
BALT's Quick Ratio is ranked higher than
96% of the 1163 Companies
in the Global Shipping & Ports industry.

( Industry Median: 1.20 vs. BALT: 3.90 )
BALT' s 10-Year Quick Ratio Range
Min: 1.58   Max: 209.85
Current: 3.9

1.58
209.85

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 2.38
BALT's Dividend Yield is ranked higher than
61% of the 885 Companies
in the Global Shipping & Ports industry.

( Industry Median: 1.86 vs. BALT: 2.38 )
BALT' s 10-Year Dividend Yield Range
Min: 0.73   Max: 13.45
Current: 2.38

0.73
13.45
Yield on cost (5-Year) 0.17
BALT's Yield on cost (5-Year) is ranked lower than
93% of the 899 Companies
in the Global Shipping & Ports industry.

( Industry Median: 2.05 vs. BALT: 0.17 )
BALT' s 10-Year Yield on cost (5-Year) Range
Min: 0.05   Max: 0.98
Current: 0.17

0.05
0.98

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 0.39
BALT's Price/Tangible Book is ranked higher than
97% of the 1207 Companies
in the Global Shipping & Ports industry.

( Industry Median: 1.78 vs. BALT: 0.39 )
BALT' s 10-Year Price/Tangible Book Range
Min: 0.26   Max: 1.07
Current: 0.39

0.26
1.07
Price/Median PS Value 0.91
BALT's Price/Median PS Value is ranked higher than
84% of the 1207 Companies
in the Global Shipping & Ports industry.

( Industry Median: 1.17 vs. BALT: 0.91 )
BALT' s 10-Year Price/Median PS Value Range
Min: 0.61   Max: 2.35
Current: 0.91

0.61
2.35
Earnings Yield (Greenblatt) -2.90
BALT's Earnings Yield (Greenblatt) is ranked higher than
53% of the 1149 Companies
in the Global Shipping & Ports industry.

( Industry Median: 5.00 vs. BALT: -2.90 )
BALT' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.6   Max: 4.4
Current: -2.9

0.6
4.4

Business Description

Industry: Transportation & Logistics » Shipping & Ports
Compare: » details
Traded in other countries:L8B.Germany,
Baltic Trading Ltd is a New York City-based company incorporated in October 2009 in the Marshall Islands to conduct shipping business focused on the drybulk industry spot market. The Company's fleet currently consists of four Capesize vessels, four Supramax vessels and five Handysize vessels with an aggregate carrying capacity of approximately 1,095,000 deadweight tons. Its fleet contains five groups of sister ships, which are vessels of virtually identical sizes and specifications. It operates a fleet of drybulk ships that transports 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. 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.

Personalized Checklist

Checklist has been moved to "Checklist" tab.

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK