Global Ship Lease (GSL) Financials

$22.04 +0.09 (+0.39%)

As of 11:25 AM Eastern

Annual Income Statements for Global Ship Lease

This table shows Global Ship Lease's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	5.00	-32	-68	-77	-60	37	38	163	283	295	344
Consolidated Net Income / (Loss)	6.11	-29	-65	-74	-57	40	42	171	293	305	354
Net Income / (Loss) Continuing Operations	6.11	-29	-65	-74	-57	40	42	171	293	305	354
Total Pre-Tax Income	6.19	-29	-65	-74	-57	40	42	172	293	305	354
Total Operating Income	42	19	-21	-15	-10	112	105	238	354	343	379
Total Gross Profit	139	165	36	159	156	263	271	389	604	643	706
Total Revenue	139	165	38	159	157	263	282	403	604	667	706
Operating Revenue	139	165	38	159	157	263	282	403	604	667	706
Total Cost of Revenue	0.00	0.00	2.30	0.00	1.57	0.00	11	13	0.00	24	0.00
Total Operating Expenses	96	146	56	175	166	151	166	152	250	300	326
Selling, General & Admin Expense	7.02	6.48	50	48	58	97	111	144	186	197	208
Depreciation Expense	41	45	43	38	35	44	47	62	81	92	100
Amortization Expense	-	-	-	-	-	1.93	-0.54	-45	-41	-8.08	-5.53
Other Operating Expenses / (Income)	48	50	-129	0.96	-	9.02	-	-	21	-	24
Impairment Charge	0.00	45	92	88	72	0.00	8.50	0.00	3.03	19	0.00
Total Other Income / (Expense), net	-36	-48	-44	-59	-47	-72	-63	-66	-61	-38	-26
Interest Expense	44	48	45	59	49	75	65	69	75	45	41
Interest & Investment Income	0.06	0.06	0.20	0.49	1.43	1.79	0.96	0.45	2.51	9.78	17
Other Income / (Expense), net	7.72	-	0.22	0.05	0.21	1.48	1.25	2.81	11	-3.22	-1.57
Income Tax Expense	0.08	0.04	0.05	0.04	0.06	0.00	0.05	0.06	-0.05	0.45	0.00
Preferred Stock Dividends Declared	1.11	3.06	3.06	3.06	3.06	3.08	4.00	8.26	9.54	9.54	9.54
Basic Earnings per Share	$0.10	($0.67)	($11.39)	($12.89)	($7.42)	$1.48	$1.23	$4.65	$7.74	$8.33	$9.74
Weighted Average Basic Shares Outstanding	47.71M	47.79M	0.00	6.00M	6.51M	11.86M	17.69M	35.13M	36.60M	35.41M	35.32M
Diluted Earnings per Share	$0.10	($0.67)	$0.00	($12.89)	($7.42)	$1.48	$1.22	$4.60	$7.62	$8.21	$9.67
Weighted Average Diluted Shares Outstanding	55.23M	55.19M	0.00	6.00M	6.51M	11.91M	17.75M	35.51M	37.20M	35.93M	35.58M
Weighted Average Basic & Diluted Shares Outstanding	7.41M	7.41M	6.91M	925.75K	925.75K	0.00	0.00	36.46M	35.99M	35.19M	35.45M

No quarterly income statements for Global Ship Lease are available.

This table details how cash moves in and out of Global Ship Lease's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Change in Cash & Equivalents	8.76	20	0.65	19	17	58	-55	103	74	11	-33
Net Cash From Operating Activities	61	62	72	67	48	93	104	248	327	375	430
Net Cash From Continuing Operating Activities	61	62	72	67	48	93	104	248	327	375	430
Net Income / (Loss) Continuing Operations	6.11	-29	-65	-74	-57	40	42	171	293	305	354
Consolidated Net Income / (Loss)	6.11	-29	-65	-74	-57	40	42	171	293	305	354
Depreciation Expense	41	45	43	38	35	44	47	62	81	92	100
Amortization Expense	4.70	2.43	3.70	18	4.53	6.18	6.81	-29	-28	1.72	5.89
Non-Cash Adjustments To Reconcile Net Income	0.74	43	91	89	71	-4.48	13	-26	-10	-3.54	-27
Changes in Operating Assets and Liabilities, net	8.30	1.30	-0.33	-3.42	-6.13	7.93	-4.17	69	-8.41	-19	-2.76
Net Cash From Investing Activities	-80	-101	-6.94	-4.90	24	-100	-40	-463	-9.88	-152	-255
Net Cash From Continuing Investing Activities	-80	-101	-6.94	-4.90	24	-100	-40	-463	-9.88	-152	-255
Purchase of Property, Plant & Equipment	-55	-108	-0.01	-0.26	-12	-83	-27	-468	-5.46	-143	-218
Other Investing Activities, net	-2.77	-2.55	-6.94	-4.63	36	-17	-12	5.34	-4.42	-9.10	-36
Net Cash From Financing Activities	28	59	-64	-43	-55	64	-120	318	-243	-212	-209
Net Cash From Continuing Financing Activities	28	59	-64	-43	-55	64	-120	318	-243	-212	-209
Repayment of Debt	-382	-3.25	-61	-451	-60	-352	-202	-521	-573	-203	-481
Payment of Dividends	-1.11	-13	-3.06	-3.06	-3.06	-3.08	-4.00	-36	-60	-63	-68
Issuance of Debt	414	75	0.00	411	8.13	367	67	767	410	76	345
Issuance of Preferred Equity	34	-	-	0.00	0.00	1.06	19	51	-0.02	0.00	0.00
Issuance of Common Equity	-	-	-	0.00	0.00	51	-0.07	68	-20	0.00	-4.55
Cash Interest Paid	26	43	43	43	42	71	60	50	51	68	55
Cash Interest Received	-	-	-	-	-	-	0.00	0.00	9.25	-	27

No quarterly cash flow statements for Global Ship Lease are available.

This table presents Global Ship Lease's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Total Assets	874	905	776	676	1,233	1,352	1,274	1,994	2,106	2,172	2,373
Total Current Assets	37	58	57	77	99	162	99	143	237	296	301
Cash & Equivalents	33	54	54	73	82	138	81	67	120	139	141
Restricted Cash	-	-	-	0.00	2.19	3.91	0.83	25	28	57	56
Short-Term Investments	-	-	-	-	-	-	0.00	7.90	8.55	14	26
Accounts Receivable	2.24	2.33	0.99	2.00	2.74	6.21	4.00	6.12	4.36	5.37	13
Inventories, net	0.55	0.61	0.55	0.74	5.77	5.60	6.32	11	12	16	19
Prepaid Expenses	0.61	1.10	1.15	1.38	6.21	8.13	6.71	25	34	40	32
Other Current Assets	-	-	-	-	-	0.00	0.00	0.53	30	25	14
Plant, Property, & Equipment, net	837	847	719	587	1,113	1,156	1,141	1,683	1,623	1,664	1,885
Total Noncurrent Assets	0.48	0.35	0.22	12	22	34	35	168	246	212	187
Other Noncurrent Operating Assets	0.41	0.31	0.20	11	11	27	24	64	124	127	137
Other Noncurrent Nonoperating Assets	-	-	-	0.00	5.83	5.70	11	103	121	85	51
Total Liabilities & Shareholders' Equity	874	905	776	676	1,233	1,352	1,274	1,994	2,106	2,172	2,373
Total Liabilities	436	508	447	424	917	945	809	1,282	1,140	987	910
Total Current Liabilities	20	54	49	55	96	130	112	245	262	280	264
Short-Term Debt	0.00	35	31	40	64	88	77	190	190	193	145
Accounts Payable	2.12	1.88	2.28	4.30	13	9.16	11	14	23	18	26
Accrued Expenses	15	14	12	8.79	15	23	19	32	36	29	47
Current Deferred Revenue	0.46	0.80	1.94	2.18	3.12	9.99	5.62	8.50	13	40	45
Other Current Liabilities	2.12	2.10	1.81	-	-	-	-	-	0.57	0.72	0.72
Total Noncurrent Liabilities	416	455	399	369	822	816	697	1,037	878	707	646
Long-Term Debt	402	443	389	359	813	809	693	880	745	619	539
Noncurrent Deferred Revenue	-	-	-	-	-	-	0.00	101	119	82	58
Other Noncurrent Operating Liabilities	14	12	9.78	10	8.47	6.47	4.46	55	14	5.66	49
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	438	397	329	252	316	406	465	713	966	1,184	1,463
Total Preferred & Common Equity	438	397	329	252	316	406	465	713	966	1,184	1,463
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	438	397	329	252	316	406	465	713	966	1,184	1,463
Common Stock	387	387	387	387	512	566	587	699	689	677	681
Retained Earnings	51	9.79	-58	-136	-196	-159	-122	13	246	488	774
Accumulated Other Comprehensive Income / (Loss)	-	-	-	-	-	-	0.00	0.23	31	19	8.62

No quarterly balance sheets for Global Ship Lease are available.

This table displays calculated financial ratios and metrics derived from Global Ship Lease's official financial filings.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-3.21%	18.98%	-77.03%	320.47%	-1.37%	67.43%	7.31%	42.60%	50.17%	10.29%	5.82%
EBITDA Growth	5.14%	-30.50%	-60.86%	54.38%	-25.55%	444.92%	-2.04%	71.06%	53.25%	3.47%	11.54%
EBIT Growth	-2.77%	-122.98%	-206.26%	25.21%	34.34%	1,225.04%	-6.22%	126.70%	52.15%	-7.02%	11.05%
NOPAT Growth	-18.13%	-67.73%	-207.39%	25.74%	33.17%	1,653.31%	-6.21%	126.92%	49.19%	-3.26%	10.63%
Net Income Growth	-81.21%	-1,145.17%	-125.44%	-14.09%	22.76%	169.45%	4.33%	312.61%	70.81%	3.95%	16.13%
EPS Growth	-85.29%	-1,540.00%	-125.44%	-14.09%	22.76%	119.95%	-17.57%	277.05%	65.65%	7.74%	17.78%
Operating Cash Flow Growth	-18.08%	2.35%	15.00%	-6.72%	-28.60%	95.60%	11.83%	137.44%	32.08%	14.51%	14.70%
Free Cash Flow Firm Growth	-134.26%	191.69%	10,680.87%	-4.75%	-599.28%	111.13%	99.21%	-269.06%	255.59%	-15.51%	-21.11%
Invested Capital Growth	9.10%	1.80%	-15.43%	-16.94%	91.30%	4.73%	-1.19%	38.31%	2.72%	4.91%	10.09%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EPS Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	100.00%	200.00%	93.92%	100.00%	99.00%	100.00%	96.05%	96.75%	100.00%	96.46%	100.00%
EBITDA Margin	69.07%	40.35%	68.76%	25.25%	19.06%	62.02%	56.61%	67.91%	69.30%	65.01%	68.52%
Operating Margin	30.50%	23.35%	-54.58%	-9.64%	-6.53%	42.42%	37.11%	59.01%	58.59%	51.48%	53.74%
EBIT Margin	36.07%	23.35%	-54.01%	-9.61%	-6.40%	42.98%	37.56%	59.71%	60.49%	51.00%	53.52%
Profit (Net Income) Margin	4.41%	-35.02%	-171.84%	-46.63%	-36.52%	15.15%	14.72%	42.60%	48.46%	45.67%	50.12%
Tax Burden Percent	98.79%	200.26%	100.07%	100.05%	100.10%	99.99%	99.88%	99.97%	100.02%	99.85%	100.00%
Interest Burden Percent	12.37%	-299.56%	317.95%	485.07%	570.35%	35.24%	39.25%	71.38%	80.10%	89.69%	93.66%
Effective Tax Rate	1.21%	0.00%	0.00%	0.00%	0.00%	0.01%	0.12%	0.03%	-0.02%	0.15%	0.00%
Return on Invested Capital (ROIC)	5.40%	1.66%	-1.91%	-1.69%	-0.85%	9.88%	9.11%	17.45%	22.13%	20.62%	21.21%
ROIC Less NNEP Spread (ROIC-NNEP)	-4.66%	-9.03%	-14.72%	-20.08%	-9.88%	0.54%	0.27%	8.91%	14.07%	14.11%	15.71%
Return on Net Nonoperating Assets (RNNOA)	-3.94%	-8.57%	-16.03%	-23.90%	-19.34%	1.15%	0.43%	11.68%	12.76%	7.70%	5.51%
Return on Equity (ROE)	1.46%	-6.92%	-17.94%	-25.59%	-20.20%	11.02%	9.54%	29.13%	34.89%	28.31%	26.71%
Cash Return on Invested Capital (CROIC)	-3.30%	-0.13%	14.81%	16.82%	-63.54%	5.26%	10.30%	-14.70%	19.45%	15.82%	11.60%
Operating Return on Assets (OROA)	5.77%	2.16%	-2.43%	-2.11%	-1.05%	8.75%	8.07%	14.71%	17.84%	15.90%	16.61%
Return on Assets (ROA)	0.71%	-3.25%	-7.74%	-10.23%	-6.01%	3.08%	3.17%	10.49%	14.29%	14.24%	15.56%
Return on Common Equity (ROCE)	1.46%	-6.92%	-17.94%	-25.59%	-20.20%	11.02%	9.54%	29.13%	34.89%	28.31%	26.71%
Return on Equity Simple (ROE_SIMPLE)	1.39%	-7.28%	-19.79%	-29.52%	-18.13%	9.80%	8.94%	24.07%	30.31%	25.71%	24.16%
Net Operating Profit after Tax (NOPAT)	42	13	-14	-11	-7.18	112	105	237	354	343	379
NOPAT Margin	30.13%	8.17%	-38.21%	-6.75%	-4.57%	42.41%	37.07%	58.99%	58.60%	51.40%	53.74%
Net Nonoperating Expense Percent (NNEP)	10.06%	10.68%	12.81%	18.39%	9.02%	9.34%	8.84%	8.54%	8.05%	6.51%	5.50%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	-	18.64%	17.16%	17.65%
Cost of Revenue to Revenue	0.00%	0.00%	6.08%	0.00%	1.00%	0.00%	3.95%	3.25%	0.00%	3.54%	0.00%
SG&A Expenses to Revenue	5.07%	7.86%	131.94%	30.18%	37.23%	36.73%	39.39%	35.66%	30.76%	29.61%	29.54%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	69.50%	176.65%	148.50%	109.64%	105.53%	57.58%	58.94%	37.74%	41.41%	44.98%	46.26%
Earnings before Interest and Taxes (EBIT)	50	19	-20	-15	-10	113	106	240	366	340	378
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	96	67	26	40	30	163	160	273	419	433	483
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.43	0.28	0.20	0.20	0.09	0.17	0.35	0.47	0.53	0.55	0.51
Price to Tangible Book Value (P/TBV)	0.43	0.28	0.20	0.20	0.09	0.17	0.35	0.47	0.53	0.55	0.51
Price to Revenue (P/Rev)	1.35	0.68	1.72	0.32	0.17	0.26	0.58	0.83	0.85	0.98	1.07
Price to Earnings (P/E)	37.35	0.00	0.00	0.00	0.00	1.88	4.38	2.04	1.81	2.21	2.19
Dividend Yield	0.00%	19.04%	0.00%	0.00%	0.00%	0.00%	0.00%	3.99%	9.79%	8.28%	7.71%
Earnings Yield	2.68%	0.00%	0.00%	0.00%	0.00%	53.10%	22.82%	48.98%	55.32%	45.23%	45.70%
Enterprise Value to Invested Capital (EV/IC)	0.69	1.35	0.62	0.65	0.74	0.71	0.75	0.83	0.79	0.74	0.65
Enterprise Value to Revenue (EV/Rev)	4.01	6.66	11.37	2.36	5.22	3.13	3.02	3.24	2.13	1.88	1.72
Enterprise Value to EBITDA (EV/EBITDA)	5.80	8.07	16.53	9.34	27.39	5.05	5.33	4.77	3.08	2.90	2.51
Enterprise Value to EBIT (EV/EBIT)	11.11	57.40	0.00	0.00	0.00	7.29	8.04	5.42	3.53	3.69	3.21
Enterprise Value to NOPAT (EV/NOPAT)	13.29	81.49	0.00	0.00	0.00	7.39	8.15	5.49	3.64	3.66	3.20
Enterprise Value to Operating Cash Flow (EV/OCF)	9.12	8.62	6.01	5.62	17.17	8.83	8.16	5.26	3.94	3.35	2.82
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	3.84	3.51	0.00	13.87	7.20	0.00	4.14	4.77	5.85
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.92	1.20	1.28	1.58	2.77	2.21	1.66	1.50	0.97	0.69	0.47
Long-Term Debt to Equity	0.92	2.23	1.18	1.42	2.57	1.99	1.49	1.24	0.77	0.52	0.37
Financial Leverage	0.85	0.95	1.09	1.19	1.96	2.13	1.64	1.31	0.91	0.55	0.35
Leverage Ratio	2.07	4.26	2.32	2.50	3.36	3.58	3.01	2.78	2.44	1.99	1.72
Compound Leverage Factor	0.26	-6.38	7.37	12.13	19.17	1.26	1.18	1.98	1.96	1.78	1.61
Debt to Total Capital	47.84%	54.65%	56.08%	61.30%	73.49%	68.82%	62.34%	60.04%	49.16%	40.69%	31.85%
Short-Term Debt to Total Capital	0.00%	4.02%	4.14%	6.15%	5.37%	6.72%	6.21%	10.67%	9.99%	9.68%	6.76%
Long-Term Debt to Total Capital	47.84%	50.63%	51.93%	55.15%	68.13%	62.10%	56.13%	49.36%	39.17%	31.01%	25.09%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	52.16%	45.35%	43.92%	38.70%	26.51%	31.18%	37.66%	39.96%	50.84%	59.31%	68.15%
Debt to EBITDA	4.20	7.18	16.12	9.91	29.30	5.50	4.82	3.92	2.23	1.87	1.42
Net Debt to EBITDA	3.85	6.38	14.04	8.09	26.49	4.63	4.30	3.55	1.86	1.39	0.95
Long-Term Debt to EBITDA	4.20	6.66	14.93	8.92	27.16	4.96	4.34	3.22	1.78	1.43	1.11
Debt to NOPAT	9.62	35.47	-29.01	-37.08	-122.14	8.04	7.35	4.51	2.64	2.37	1.80
Net Debt to NOPAT	8.83	31.50	-25.26	-30.26	-110.41	6.77	6.57	4.09	2.19	1.76	1.22
Long-Term Debt to NOPAT	9.62	32.86	-26.87	-33.36	-113.22	7.26	6.62	3.71	2.10	1.81	1.42
Altman Z-Score	0.71	0.41	-0.04	-0.01	-0.10	0.38	0.47	0.70	1.28	1.54	1.79
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.84	1.07	1.17	1.40	1.04	1.25	0.88	0.59	0.91	1.05	1.14
Quick Ratio	1.78	1.04	1.13	1.36	0.89	1.11	0.76	0.33	0.51	0.56	0.68
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-26	-1.06	112	107	-534	59	118	-200	311	263	207
Operating Cash Flow to CapEx	110.39%	57.62%	1,194,750.00%	25,423.95%	408.93%	113.15%	384.65%	52.94%	5,997.88%	262.45%	197.01%
Free Cash Flow to Firm to Interest Expense	-0.58	-0.02	2.51	1.80	-10.96	0.79	1.81	-2.89	4.13	5.87	5.10
Operating Cash Flow to Interest Expense	1.39	1.29	1.60	1.13	0.98	1.25	1.60	3.58	4.35	8.37	10.57
Operating Cash Flow Less CapEx to Interest Expense	0.13	-0.95	1.60	1.12	0.74	0.14	1.18	-3.18	4.28	5.18	5.21
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.16	0.37	0.05	0.22	0.16	0.20	0.22	0.25	0.29	0.31	0.31
Accounts Receivable Turnover	29.62	72.19	22.85	106.50	66.17	58.75	55.27	79.54	115.43	137.13	77.49
Inventory Turnover	0.00	0.00	3.96	0.00	0.48	0.00	1.87	1.48	0.00	1.68	0.00
Fixed Asset Turnover	0.17	0.39	0.05	0.24	0.18	0.23	0.25	0.29	0.37	0.41	0.40
Accounts Payable Turnover	0.00	0.00	1.11	0.00	0.18	0.00	1.12	1.07	0.00	1.17	0.00
Days Sales Outstanding (DSO)	12.32	5.06	15.98	3.43	5.52	6.21	6.60	4.59	3.16	2.66	4.71
Days Inventory Outstanding (DIO)	0.00	0.00	92.12	0.00	754.93	0.00	194.97	246.95	0.00	216.70	0.00
Days Payable Outstanding (DPO)	0.00	0.00	329.20	0.00	1,994.51	0.00	326.45	341.09	0.00	312.31	0.00
Cash Conversion Cycle (CCC)	12.32	10.11	-221.10	3.43	-1,234.07	6.21	-124.87	-89.56	3.16	-92.95	4.71
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	807	821	695	577	1,104	1,156	1,142	1,579	1,622	1,702	1,874
Invested Capital Turnover	0.18	0.20	0.05	0.25	0.19	0.23	0.25	0.30	0.38	0.40	0.39
Increase / (Decrease) in Invested Capital	67	15	-127	-118	527	52	-14	438	43	80	172
Enterprise Value (EV)	555	537	431	376	820	824	852	1,304	1,290	1,255	1,214
Market Capitalization	187	113	65	50	27	69	165	333	512	652	753
Book Value per Share	$7.98	$7.22	$5.99	$4.58	$5.75	$40.87	$26.47	$40.16	$26.51	$32.91	$41.59
Tangible Book Value per Share	$7.98	$7.22	$5.99	$4.56	$5.65	$40.73	$26.47	$40.16	$26.51	$32.91	$41.59
Total Capital	840	875	749	650	1,194	1,303	1,234	1,783	1,901	1,997	2,148
Total Debt	402	478	420	399	877	897	769	1,070	934	812	684
Total Long-Term Debt	402	443	389	359	813	809	693	880	745	619	539
Net Debt	369	424	366	325	793	755	688	970	777	603	461
Capital Expenditures (CapEx)	55	108	0.01	0.26	12	83	27	468	5.46	143	218
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-17	-14	-15	-11	-17	-22	-19	-11	8.07	-0.95	-41
Debt-free Net Working Capital (DFNWC)	17	39	39	62	68	120	63	89	165	208	183
Net Working Capital (NWC)	17	4.00	8.21	22	3.46	32	-14	-101	-25	15	37
Net Nonoperating Expense (NNE)	36	42	51	64	50	72	63	66	61	38	26
Net Nonoperating Obligations (NNO)	369	424	366	325	787	749	677	867	656	518	410
Total Depreciation and Amortization (D&A)	46	47	47	56	40	50	54	33	53	93	106
Debt-free, Cash-free Net Working Capital to Revenue	-11.96%	-8.75%	-39.61%	-7.00%	-10.63%	-8.41%	-6.55%	-2.77%	1.34%	-0.14%	-5.75%
Debt-free Net Working Capital to Revenue	12.06%	23.74%	103.59%	39.00%	43.00%	45.55%	22.35%	22.09%	27.31%	31.27%	25.87%
Net Working Capital to Revenue	12.06%	2.42%	21.68%	13.89%	2.20%	12.27%	-4.82%	-25.19%	-4.09%	2.29%	5.28%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.80	($5.36)	($11.36)	($12.88)	($7.42)	$1.48	$1.23	$4.65	$7.74	$8.33	$9.74
Adjusted Weighted Average Basic Shares Outstanding	6.89M	5.97M	5.98M	6.00M	9.94M	11.86M	17.69M	35.13M	36.60M	35.41M	35.32M
Adjusted Diluted Earnings per Share	$0.80	($5.36)	($11.36)	($12.88)	$0.00	$1.48	$1.22	$4.60	$7.62	$8.21	$9.67
Adjusted Weighted Average Diluted Shares Outstanding	6.90M	6.90M	6.91M	6.92M	0.00	11.91M	17.75M	35.51M	37.20M	35.93M	35.58M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	($7.42)	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	6.87M	925.75K	925.75K	925.75K	7.44M	0.00	0.00	36.46M	35.99M	35.19M	35.45M
Normalized Net Operating Profit after Tax (NOPAT)	42	45	50	51	43	112	113	230	250	362	379
Normalized NOPAT Margin	30.13%	54.29%	132.58%	31.76%	27.44%	42.41%	40.16%	57.06%	41.37%	54.22%	53.74%
Pre Tax Income Margin	4.46%	-17.49%	-171.72%	-46.60%	-36.48%	15.15%	14.74%	42.62%	48.45%	45.74%	50.12%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	1.14	0.40	-0.46	-0.26	-0.21	1.51	1.62	3.47	4.86	7.59	9.28
NOPAT to Interest Expense	0.95	0.28	-0.32	-0.18	-0.15	1.49	1.60	3.43	4.71	7.65	9.32
EBIT Less CapEx to Interest Expense	-0.12	-1.85	-0.46	-0.26	-0.45	0.41	1.21	-3.29	4.78	4.40	3.91
NOPAT Less CapEx to Interest Expense	-0.31	-1.97	-0.32	-0.19	-0.39	0.39	1.19	-3.34	4.63	4.46	3.95
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	18.23%	-43.53%	-4.70%	-4.12%	-5.34%	7.73%	9.61%	21.11%	20.49%	20.62%	19.22%
Augmented Payout Ratio	18.23%	-43.53%	-4.70%	-4.12%	-5.34%	7.73%	9.61%	26.94%	20.49%	27.83%	19.22%

No quarterly metrics and ratios for Global Ship Lease are available.

Frequently Asked Questions About Global Ship Lease's Financials

When does Global Ship Lease's fiscal year end?

According to the most recent income statement we have on file, Global Ship Lease's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Global Ship Lease's net income changed over the last 10 years?

Global Ship Lease's net income appears to be on an upward trend, with a most recent value of $353.63 million in 2024, rising from $6.11 million in 2014. The previous period was $304.50 million in 2023. View Global Ship Lease's forecast to see where analysts expect Global Ship Lease to go next.

What is Global Ship Lease's operating income?

Global Ship Lease's total operating income in 2024 was $379.14 million, based on the following breakdown:

Total Gross Profit: $705.53 million
Total Operating Expenses: $326.39 million

How has Global Ship Lease revenue changed over the last 10 years?

Over the last 10 years, Global Ship Lease's total revenue changed from $138.62 million in 2014 to $705.53 million in 2024, a change of 409.0%.

How much debt does Global Ship Lease have?

Global Ship Lease's total liabilities were at $909.76 million at the end of 2024, a 7.9% decrease from 2023, and a 108.9% increase since 2014.

How much cash does Global Ship Lease have?

In the past 10 years, Global Ship Lease's cash and equivalents has ranged from $33.30 million in 2014 to $141.38 million in 2024, and is currently $141.38 million as of their latest financial filing in 2024.

How has Global Ship Lease's book value per share changed over the last 10 years?

Over the last 10 years, Global Ship Lease's book value per share changed from 7.98 in 2014 to 41.59 in 2024, a change of 421.3%.

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This page (NYSE:GSL) was last updated on 5/5/2025 by MarketBeat.com Staff

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Global Ship Lease (GSL) Financials

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Global Ship Lease (GSL) Financials

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