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Atlas (ATCOPH.PFD) Average Time Charter Equivalent Rates (USD) : 0.00 (As of . 20)


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What is Atlas 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 Atlas's Average Time Charter Equivalent Rates (USD) or its related term are showing as below:

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

Atlas Average Time Charter Equivalent Rates (USD) Historical Data

The historical data trend for Atlas'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.

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Atlas Average Time Charter Equivalent Rates (USD) Chart


Atlas  (NYSE:ATCOpH.PFD) 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.

Atlas Average Time Charter Equivalent Rates (USD) Related Terms

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Atlas (ATCOPH.PFD) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Atlas Corp (NYSE:ATCOpH.PFD) » Definitions » Average Time Charter Equivalent Rates (USD)
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Traded in Other Exchanges
ATCOpD.PFD:USA
Address
23 Berkeley Square, London, GBR, W1J 6HE
Website
https://www.atlascorporation.com
Atlas Corp is a global asset manager that owns and operates the businesses in which it invests while focusing on deploying capital across multiple verticals to create sustainable value and quality growth opportunities for its shareholders. The company has two business segments: Containership leasing and Mobile power generation. The containership leasing segment owns and operates a fleet of containerships that are chartered primarily pursuant to long-term, fixed-rate charters. The mobile power generation segment owns and operates a fleet of power generation assets, including gas turbines and other equipment, and provides power solutions to customers. Majority of revenue is generated from The Containership Leasing segment.