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StealthGas (StealthGas) Average Time Charter Equivalent Rates (USD) : 0.00 (As of . 20)


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What is StealthGas Average Time Charter Equivalent Rates (USD)?

Time charter equivalent (TCE) is a shipping industry measure used to calculate the average daily revenue performance of a vessel. It is calculated as (Voyage Revenues - Voyage Expenses) / Round Trip Duration in Days.

The historical rank and industry rank for StealthGas's Average Time Charter Equivalent Rates (USD) or its related term are showing as below:

GASS's Average Time Charter Equivalent Rates (USD) is not ranked *
in the Transportation industry.
Industry Median:
* Ranked among companies with meaningful Average Time Charter Equivalent Rates (USD) only.

StealthGas Average Time Charter Equivalent Rates (USD) Historical Data

The historical data trend for StealthGas's Average Time Charter Equivalent Rates (USD) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

StealthGas Average Time Charter Equivalent Rates (USD) Chart

StealthGas Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Average Time Charter Equivalent Rates (USD)
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Average Vessel Operating Expense (USD)
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Competitive Comparison of StealthGas's Average Time Charter Equivalent Rates (USD)

For the Marine Shipping subindustry, StealthGas's Average Time Charter Equivalent Rates (USD), along with its competitors' market caps and Average Time Charter Equivalent Rates (USD) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


StealthGas  (NAS:GASS) Average Time Charter Equivalent Rates (USD) Explanation

Time charter equivalent (TCE) is a shipping industry measure used to calculate the average daily revenue performance of a vessel. Time charter equivalent is calculated by first taking voyage revenues and subtracting voyage expenses, including canal, bunker and port costs, and then dividing the total by the round-trip voyage duration in days. It gives shipping companies a tool to measure period-to-period changes.

The TCE is a way to describe chartering opportunities in a standardized way to make comparisons easier. It is used by cargo brokers in the shipping industry to present chartering opportunities to shipowners since chartering opportunities differ widely in potential revenues and costs.


StealthGas Average Time Charter Equivalent Rates (USD) Related Terms

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StealthGas (StealthGas) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » StealthGas Inc (NAS:GASS) » Definitions » Average Time Charter Equivalent Rates (USD)
Traded in Other Exchanges
Address
331 Kifissias Avenue, Erithrea, Athens, GRC, 14561
StealthGas Inc is an international shipping transportation company. It owns liquefied petroleum gas (LPG) pressurized carriers and provides international seaborne transportation services to LPG producers and users, as well as crude oil and product carriers to oil producers, refineries and commodities traders worldwide. The company carriers carry various petroleum gas products in liquefied forms, such as propane, butane, butadiene, isopropane, propylene, and vinyl chloride monomer, which are all byproducts of the production of crude oil and natural gas.
Executives
Glendon Opportunities Fund, L.p. 10 percent owner MAPLES CORPORATE SERVICES LTD., UGLAND HOUSE, SOUTH CHURCH STREET, GRAND CAYMAN E9 KY1-1104
Glendon Capital Management Lp 10 percent owner 2425 OLYMPIC BLVD, SUITE 500E, SANTA MONICA CA 90404

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