PRGNF (Paragon Shipping) Fleet Utilization %: 0.00% (As of . 20)


What is Paragon Shipping Fleet Utilization %?

Paragon Shipping PRGNF -99.00% Fleet Utilization % is 0.00% as of . 20.

Fleet Utilization % is a comparison of demand to fleet capacity.

Paragon Shipping's Fleet Utilization % for the annual that ended in Dec. 2016 was 59.40% , which is higher than 0.00% for the pervious year ended in . 20.

The historical rank and industry rank for Paragon Shipping's Fleet Utilization % or its related term are showing as below:

PRGNF's Fleet Utilization % is not ranked *
in the Transportation industry.
Industry Median:
* Ranked among companies with meaningful Fleet Utilization % only.

Paragon Shipping  (OTCPK:PRGNF) Fleet Utilization % Explanation

Fleet Utilization % is a comparison of demand to fleet capacity. Capacity and demand changes daily, and hence the approach to manage it varies as well. Companies can improve fleet utilization by using dynamic routing/backhauling or optimizing maintenance of fleet vehicles.

Paragon Shipping Fleet Utilization % Related Terms

Paragon Shipping Fleet Utilization % Historical Data

* Premium members only.

The historical data trend for Paragon Shipping's Fleet Utilization % 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.

Paragon Shipping Fleet Utilization % Chart

Paragon Shipping Annual Data
Trend Dec16
Fleet Utilization %
Get a 7-Day Free Trial

Frequently Asked Questions
What does a Fleet Utilization % of 0.00% mean?
Paragon Shipping (PRGNF) has a Fleet Utilization % of 0.00% as of . 20. Fleet utilization is a comparison of demand to fleet capacity. View historical data on Paragon Shipping and its competitors.
Is Paragon Shipping's Fleet Utilization % too high?
Paragon Shipping's current Fleet Utilization % is 0.00%.
How does Paragon Shipping's Fleet Utilization % compare to CTRM and GLBS?
Paragon Shipping's Fleet Utilization % of 0.00% can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Fleet Utilization % for a Transportation company?
A good Fleet Utilization % depends on the Transportation industry context. However, Fleet Utilization % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Fleet Utilization % mean?
A high Fleet Utilization % can signal that a stock is expensive relative to its fundamentals. Fleet utilization is a comparison of demand to fleet capacity. View historical data on Paragon Shipping and its competitors. Paragon Shipping's current Fleet Utilization % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Paragon Shipping stock overvalued right now?
Paragon Shipping (PRGNF) has a current Fleet Utilization % of 0.00%. The current Fleet Utilization % is 0.00%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Fleet Utilization % calculated?
Fleet Utilization % is calculated from a company's financial statements. For Paragon Shipping (PRGNF), the current Fleet Utilization % is 0.00% as of . 20. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Paragon Shipping Business Description

Address 15 Karamanli Avenue, Voula, GRC, 166 73
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.