SEALPA.PFD has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
SEALPA.PFD has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Average Age of Fleet in Years indicates the average age of fleet of this coompany. Companies with a higher average age of fleet may need to spend more on buying new ships, which reduces cash position in the future. Usually it reflects that the company has financial problems and failed to buy new fleets. Under rare situations it reflects good maintenance for existing fleets and extending their life.
The historical rank and industry rank for Seapeak LLC's Average Age of Fleet in Years or its related term are showing as below:
The historical data trend for Seapeak LLC's Average Age of Fleet in Years 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.
Seapeak LLC (NYSE:SEALpA.PFD) Average Age of Fleet in Years Explanation
Companies with a higher average age of fleet may need to spend more on buying new ships, which reduces cash position in the future. Usually it reflects that the company has financial problems and failed to buy new fleets. Under rare situations it reflects good maintenance for existing fleets and extending their life. Companies with a lower average age of fleet may also have a higher depreciation.
According to the data from statista.com, as of 2020, the average age of all ships in the world merchant fleet was just over 20 years. General cargo ships were the oldest type of vessels with an average age of around 26 years; likewise, over 65 percent of the world's cargo ships were older than 14 years, in contrast with over 18 percent of bulk carriers.
Thank you for viewing the detailed overview of Seapeak LLC's Average Age of Fleet in Years provided by GuruFocus.com. Please click on the following links to see related term pages.
From GuruFocus
By Marketwired Marketwired • 10-15-2021
By Marketwired Marketwired • 08-20-2020
By ACCESSWIRE ACCESSWIRE • 10-12-2021
By Marketwired Marketwired • 01-20-2021
By Business Wire Business Wire • 10-06-2021
By Sydnee Gatewood Sydnee Gatewood • 08-03-2020
By Marketwired Marketwired • 08-18-2020
By ACCESSWIRE ACCESSWIRE • 10-07-2021
By Don Li2 Don Li2 • 11-02-2021
By Marketwired Marketwired • 06-18-2021
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.