Global Ship Lease Inc

Chart & Performance

D1W1MN

Profile

Global Ship Lease, Inc. owns and charters containerships of various sizes under fixed-rate charters to container shipping companies. As of March 10, 2022, it owned 65 mid-sized and smaller containerships with an aggregate capacity of 342,348 twenty-foot equivalent units. The company was founded in 2007 and is based in London, the United Kingdom.

URL

http://www.globalshiplease.com/

IPO date

Aug 14, 2008

Employees

Domiciled in

Incorporated in

Valuation

Order:

Title USD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title USD in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	666,715 10.29%	604,487 50.17%	402,524 42.33%
Cost of revenue	312,747	288,427	218,207
Unusual Expense (Income)
NOPBT	353,968	316,060	184,317
NOPBT Margin	53.09%	52.29%	45.79%
Operating Taxes	448	(50)	56
Tax Rate	0.13%		0.03%
NOPAT	353,520	316,110	184,261
Net income	304,500 3.95%	292,925 70.81%	171,495 312.61%
Dividends	(62,785)	(60,033)	(36,203)
Dividend yield	8.82%	9.69%	4.45%
Proceeds from repurchase of equity	(21,969)	(20,045)	108,783
BB yield	3.09%	3.24%	-13.37%
Debt
Debt current	193,253	189,832	190,316
Long-term debt	726,427	778,965	1,058,469
Deferred revenue	82,115	119,183	101,288
Other long-term liabilities	5,662	14,218	55,376
Net debt	608,100	684,822	1,063,443
Cash flow
Cash from operating activities	375,008	351,941	263,949
CAPEX	(152,473)	(33,689)	(490,863)
Cash from investing activities	(151,983)	(34,339)	(474,349)
Cash from financing activities	(212,242)	(243,314)	321,680
FCF	305,397	376,877	(362,747)
Balance
Cash	209,443	128,680	75,180
Long term investments	102,137	155,295	110,162
Excess cash	278,244	253,751	165,216
Stockholders' equity	507,796	278,229	14,090
Invested Capital	1,806,349	1,780,530	1,925,577
ROIC	19.71%	17.06%	11.22%
ROCE	16.98%	15.54%	9.50%
EV
Common stock shares outstanding	35,929	37,204	35,508
Price	19.82 19.04%	16.65 -27.32%	22.91 92.68%
Market cap	712,111 14.96%	619,452 -23.85%	813,489 280.05%
EV	1,320,211	1,304,274	1,876,932
EBITDA	445,695	356,205	200,450
EV/EBITDA	2.96	3.66	9.36
Interest	44,824	75,289	69,227
Interest/NOPBT	12.66%	23.82%	37.56%