PRGNF (Paragon Shipping) Marketable Securities: $0.00 Mil (As of Dec. 2016)

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Director of Data and Quant Analytics at GuruFocus
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What is Paragon Shipping Marketable Securities?

Paragon Shipping PRGNF -99.00% Marketable Securities is $0.00 Mil as of Dec. 2016.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Paragon Shipping's Marketable Securities for the quarter that ended in Dec. 2016 was $0.00 Mil.

Paragon Shipping's annual Marketable Securities declined from Dec. 2014 ($0.96 Mil) to Dec. 2015 ($0.00 Mil) but then stayed the same from Dec. 2015 ($0.00 Mil) to Dec. 2016 ($0.00 Mil).

Paragon Shipping  (OTCPK:PRGNF) Marketable Securities Explanation

Marketable Securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

Please note, GuruFocus' Marketable Securities also includes "Other Short Term Investment".

Paragon Shipping Marketable Securities Related Terms

Paragon Shipping Marketable Securities Historical Data

* Premium members only.

The historical data trend for Paragon Shipping's Marketable Securities 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 Marketable Securities Chart

Paragon Shipping Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Marketable Securities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.57 1.62 0.96 0.00 0.00

Paragon Shipping Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Dec16
Marketable Securities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Paragon Shipping Marketable Securities Calculation

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Frequently Asked Questions Learn more about Marketable Securities →
What does a Marketable Securities of $0.00 Mil mean?
Paragon Shipping (PRGNF) has a Marketable Securities of $0.00 Mil as of Dec. 2016. Marketable securities are high-liquid securites not directly classified as cash or cash equivalents. View historical data on Paragon Shipping and its competitors.
Is Paragon Shipping's Marketable Securities too high?
Paragon Shipping's current Marketable Securities is $0.00 Mil.
How does Paragon Shipping's Marketable Securities compare to CTRM and GLBS?
Paragon Shipping's Marketable Securities of $0.00 Mil 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 Marketable Securities for a Transportation company?
A good Marketable Securities depends on the Transportation industry context. However, Marketable Securities 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 Marketable Securities mean?
A high Marketable Securities can signal that a stock is expensive relative to its fundamentals. Marketable securities are high-liquid securites not directly classified as cash or cash equivalents. View historical data on Paragon Shipping and its competitors. Paragon Shipping's current Marketable Securities is $0.00 Mil. 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 Marketable Securities of $0.00 Mil. The current Marketable Securities is $0.00 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Marketable Securities calculated?
Marketable Securities is calculated from a company's financial statements. For Paragon Shipping (PRGNF), the current Marketable Securities is $0.00 Mil as of Dec. 2016. 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.