Paragon Shipping (Paragon Shipping) Cash per Share : $3.06 (As of Dec. 2016)

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What is Paragon Shipping Cash per Share?

Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities divided by Shares Outstanding (EOP). Paragon Shipping's Cash per Share for the quarter that ended in Dec. 2016 was $3.06.

Paragon Shipping Cash per Share Historical Data

The historical data trend for Paragon Shipping's Cash per Share 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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Paragon Shipping Cash per Share Chart

Paragon Shipping Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Cash per Share

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6,291.03

7,079.14

1,222.97

3.06

Paragon Shipping Quarterly Data
	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Dec16
Cash per Share	Get a 7-Day Free Trial															1,793.90	643.14	594.35	-	3.06

Paragon Shipping Cash per Share Calculation

This is the ratio of a company's available cash, including easy to liquidate short-term investment, to its total number of shares outstanding. The result indicates the percentage of a company's share price that is available to spend on company's activities, such as strengthening the business, paying down the debt and making dividend payment to shareholders. It's a reliable indicator of a company's financial health.

Paragon Shipping's Cash per Share for the fiscal year that ended in Dec. 2016 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	0.331	/	0.11
	=	3.06

Paragon Shipping's Cash per Share for the quarter that ended in Dec. 2016 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	0.331	/	0.11
	=	3.06

Paragon Shipping (OTCPK:PRGNF) Cash per Share Explanation

Cash per Share represents the liquidity of a compant's assets. A high level of Cash per Share suggests that there's enough money on hand for a company to cover any emergencies and that the company has adequate money to reinvest its business or pay dividends to investors. However, if the ratio is too high, it can also suggeust the inefficiency of management for not making a full usage of the cash.

Paragon Shipping Cash per Share Related Terms

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Paragon Shipping (Paragon Shipping) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Paragon Shipping Inc (OTCPK:PRGNF) » Definitions » Cash per Share

Comparable Companies

Traded in Other Exchanges

N/A

Address

15 Karamanli Avenue, Voula, GRC, 166 73

Website

http://www.paragonship.com

Paragon Shipping Inc is based in Greece but incorporated in the Marshall Islands, Paragon Shipping owns and operates medium-size dry-bulk ships and rents these assets through multiyear agreements. Paragon outsources its ship management to Allseas, a third-party company. Founded in 2006, the company has expanded to 12 ships from its original six, with plans to continue fleet additions.

Paragon Shipping (Paragon Shipping) Headlines

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