PRGNF (Paragon Shipping) Other Operating Expense: $117.03 Mil (TTM As of Dec. 2016)

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What is Paragon Shipping Other Operating Expense?

Paragon Shipping PRGNF -99.00% Other Operating Expense is $117.03 Mil as of Dec. 2016.

Paragon Shipping's Other Operating Expense for the three months ended in Dec. 2016 was $0.00 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Dec. 2016 was $117.03 Mil.

Paragon Shipping's quarterly Other Operating Expense increased from Sep. 2015 ($3.86 Mil) to Dec. 2015 ($103.24 Mil) but then declined from Dec. 2015 ($103.24 Mil) to Dec. 2016 ($0.00 Mil).

Paragon Shipping's annual Other Operating Expense increased from Dec. 2014 ($0.34 Mil) to Dec. 2015 ($117.03 Mil) but then declined from Dec. 2015 ($117.03 Mil) to Dec. 2016 ($0.40 Mil).

Paragon Shipping Other Operating Expense Historical Data

* Premium members only.

The historical data trend for Paragon Shipping's Other Operating Expense 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 Other Operating Expense Chart

Paragon Shipping Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Other Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.51 16.99 0.34 117.03 0.40

Paragon Shipping Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Dec16
Other Operating Expense 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 4.95 4.97 3.86 103.24 0.00

Paragon Shipping Other Operating Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For non-financial companies, GuruFocus lists Selling, General, & Admin. Expense, , Research & Development, and Other Operating Expense under the "Total Operating Expense" section.

Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)

Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.

Other Operating Expense for the trailing twelve months (TTM) ended in Dec. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $117.03 Mil.

* 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.

What does a Other Operating Expense of $117.03 Mil mean?
Paragon Shipping (PRGNF) has a Other Operating Expense of $117.03 Mil as of Dec. 2016. Other operating expenses that a company records on its income statement. View historical data on Paragon Shipping and its competitors.
Is Paragon Shipping's Other Operating Expense too high?
Paragon Shipping's current Other Operating Expense is $117.03 Mil.
How does Paragon Shipping's Other Operating Expense compare to CTRM and GLBS?
Paragon Shipping's Other Operating Expense of $117.03 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 Other Operating Expense for a Transportation company?
A good Other Operating Expense depends on the Transportation industry context. However, Other Operating Expense 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 Other Operating Expense mean?
A high Other Operating Expense can signal that a stock is expensive relative to its fundamentals. Other operating expenses that a company records on its income statement. View historical data on Paragon Shipping and its competitors. Paragon Shipping's current Other Operating Expense is $117.03 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 Other Operating Expense of $117.03 Mil. The current Other Operating Expense is $117.03 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Other Operating Expense calculated?
Other Operating Expense is calculated from a company's financial statements. For Paragon Shipping (PRGNF), the current Other Operating Expense is $117.03 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.