Company Information

  

Address: 109 KIFISSIAS AVENUE AND SINA STREET
MAROUSI 
City: ATHENS 
State:  
Zip Code: 151 24 
Telephone: 011-30-210-809-0570 

Description of Business

Primary SIC Code: 4412
(As filed with the SEC)  

DryShips Inc., (NASDAQ: DRYS) was incorporated in 2004 under the laws of Marshall Islands and has its principal offices in Greece. It is an owner and operator of drybulk carriers that operate worldwide. Dryships vessels are able to trade worldwide in on a multitude of trade routes carrying a wide range of cargoes for a number of industries. Commodities transported by the company consist of major bulks, which include iron ore, coal, and grain, and minor bulks such as bauxite, phosphate and steel products. DryShips currently owns a fleet of 27 drybulk carriers with a total carrying capacity of 2.3 million deadweight tons (dwt) and consists of 4 Capesize carriers, 21 Panamax carriers and 2 Handymax carriers with an average age of 10 years. All of DryShips vessels are managed by an affiliated company, Cardiff, a Liberian corporation, with offices in Greece.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
06/2016214231689113.60NA0.00

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity-0.06Total Liab/Total Assets0.74
Net Inc/Total Assets-1.03Total Liab/Inv Cap0.96
Net Inc/Inv Cap-1.33Total Liab/Comm Equity0.04
Pretax Inc/Net Sales-3.03Interest Coverage Ratio-16.75
Net Inc/Net Sales-3.83Curr Debt/Equity0.34
Cash Flow/Net Sales-0.49LTD/EquityNA
SG&A/NetSales1.64Total Debt/Equity0.34
Asset Utilization   Liquidity  
Net Receivables Turnover2.31Quick Ratio3.59
Inventory TurnoverNACurrent Ratio3.59
Inventory Day SalesNANet Rec/Curr Assets0.14
Net Sales/Work Cap0.73Inv/Curr AssetsNA
Net Sales/PP&E0.54  

Income Statement (Millions)

  12/31/2016 12/31/2015 12/31/2014 12/31/2013
Total Revenues(Net Sales) 51.93 969.83 2,185.52 1,492.01
Cost of Goods Sold 9.21 65.29 117.17 103.21
Selling & Admin Exps 85.27 504.23 1,039.25 827.78
Operating Income -159.10 -881.51 543.18 155.58
Interest Exp 8.86 172.13 411.02 332.13
Pretax Income -157.19 -1,073.99 135.84 -153.44
Other Income 11.02 -1,364.51 5.70 18.53
Net Income Bef Extraordinary ... NA NA NA NA
Net Income -198.69 -2,847.06 -47.51 -223.09

Balance Sheet (Millions)

Assets 12/31/2016 12/31/2015 12/31/2014 12/31/2013
Cash & Short Term Investments 76.76 15.03 658.94 689.31
Receivables - Total 14.20 30.70 433.86 361.01
Inventories - Total NA NA NA NA
Total Current Assets 98.17 269.07 1,215.04 1,184.20
Net Property, Plant & Equipment 95.55 96.43 9,025.35 8,756.33
Total Assets 193.73 476.05 10,359.37 10,123.69
Liabilities        
Accounts Payable 9.92 29.40 290.33 335.76
Debt in Current Liabilities 16.81 220.15 1,195.47 1,707.91
Total Current Liabilities 27.34 354.64 1,609.53 2,171.71
Long-Term Debt NA NA 4,363.01 3,933.92
Total Liabilities 143.96 354.64 6,068.98 6,291.99
Stockholder's Equity        
Minority Interest NA NA 1,297.57 1,218.06
Preferred Stock 0.00 0.00 0.00 0.00
Common Stock 0.05 0.00 0.28 4.33
Retained Earnings -3,310.35 -3,103.97 -256.63 -209.12
Treasury Stock 0.00 0.00 -0.01 -0.21
Total Stockholders' Equity 49.77 121.41 2,992.82 2,613.64
Total Liabilities and Stockholders' Equity 193.73 476.05 9,061.80 8,905.63

Cash Flow Summary (Millions)

Categories 12/31/2016 12/31/2015 12/31/2014 12/31/2013
Net Cash Provided by Operating Activities -25.36 215.75 475.11 245.98
Net Cash Provided by Investing Activities 69.72 -465.70 -754.72 -1,234.33
Net Cash Provided by Financing Activities 32.05 -316.29 250.71 1,241.54

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/20121,210.14-246.78--
12/20131,492.01-223.09--
12/20142,185.52-47.51--
12/2015969.82-2,847.06--
12/201651.93-198.69--
Growth Rates-54.49----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/17463180.31




Report Date : 10/16/2017

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