Company Information

  

Address: DE GERLACHEKAAI 20  
City: ANTWERP 
State:  
Zip Code: 2000 
Telephone: 32-3-247-44-11 

Description of Business

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

Euronav NV was incorporated under the laws of Belgium on June 26, 2003 for an indefinite term, and we grew out of the combination of certain tanker businesses carried out by three companies that had a strong presence in the shipping industry: Compagnie Maritime Belge NV, or CMB, formed in 1895, Compagnie Nationale de Navigation SA, or CNN, formed in 1938, and Ceres Hellenic Shipping Enterprises Ltd., or Ceres Hellenic, formed in 1950. Our predecessor started doing business under the name "Euronav" in 1989. Our Company has the legal form of a public limited liability company (naamloze vennootschap/société anonyme). Our principal shareholder is Marc Saverys, individually or through Saverco NV, or Saverco, an entity controlled by him. The Saverys family has had a continuous presence in the shipping industry since the early nineteenth century.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
12/20161.29NA6.16

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity0.15Total Liab/Total Assets0.38
Net Inc/Total Assets0.07Total Liab/Inv Cap0.42
Net Inc/Inv Cap0.07Total Liab/Comm Equity0.84
Pretax Inc/Net Sales0.27Interest Coverage Ratio4.94
Net Inc/Net Sales0.28Curr Debt/Equity0.06
Cash Flow/Net Sales0.59LTD/Equity0.51
SG&A/NetSales0.06Total Debt/Equity0.58
Asset Utilization   Liquidity  
Net Receivables Turnover3.84Quick Ratio1.97
Inventory TurnoverNACurrent Ratio1.97
Inventory Day SalesNANet Rec/Curr Assets0.45
Net Sales/Work Cap4.02Inv/Curr AssetsNA
Net Sales/PP&E0.30  

Income Statement (Millions)

  12/31/2016 12/31/2015 12/31/2014 9/30/2014
Total Revenues(Net Sales) 741.66 867.24 498.52 329.12
Cost of Goods Sold 237.47 250.80 278.06 NA
Selling & Admin Exps 44.05 46.25 40.57 225.59
Operating Income 232.37 359.97 11.53 -16.94
Interest Exp 51.70 50.94 95.97 57.49
Pretax Income 203.88 355.93 -51.54 -41.77
Other Income -17.30 -4.69 2.62 10.37
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 204.05 350.30 -45.80 -41.86

Balance Sheet (Millions)

Assets 12/31/2016 12/31/2015 12/31/2014 9/30/2014
Cash & Short Term Investments 206.69 131.66 254.09 105.54
Receivables - Total 166.70 219.19 194.77 205.13
Inventories - Total NA NA NA NA
Total Current Assets 373.39 375.05 537.86 399.67
Net Property, Plant & Equipment 2,470.08 2,382.98 2,276.16 2,092.08
Total Assets 3,046.91 3,040.75 3,096.36 2,761.99
Liabilities        
Accounts Payable 69.86 79.08 125.56 136.87
Debt in Current Liabilities 119.12 100.02 169.43 244.97
Total Current Liabilities 189.10 179.51 295.40 381.85
Long-Term Debt 966.98 953.02 1,319.89 896.28
Total Liabilities 1,158.96 1,135.00 1,623.65 1,285.77
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock NA NA NA NA
Common Stock 173.05 173.05 142.44 142.44
Retained Earnings 515.67 529.81 359.18 362.58
Treasury Stock -16.10 -12.28 -46.06 -46.06
Total Stockholders' Equity 1,887.96 1,905.75 1,472.71 1,476.23
Total Liabilities and Stockholders' Equity 3,046.91 3,040.75 3,096.36 2,761.99

Cash Flow Summary (Millions)

Categories 12/31/2016 12/31/2015 12/31/2014 9/30/2014
Net Cash Provided by Operating Activities 438.20 450.53 14.78 -35.92
Net Cash Provided by Investing Activities -100.62 -205.87 -1,023.01 -796.81
Net Cash Provided by Financing Activities -261.16 -365.32 1,189.02 864.66

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2012341.38-118.60--
12/2013316.15-89.68--
12/2014498.52-45.80--
12/2015867.24350.30--
12/2016741.66204.051.29
Growth Rates21.41----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/179038,86924.41




Report Date : 10/16/2017

Powered By Edgar Online © 2017EDGAR®Online, a division of Donnelley Financial Solutions. EDGAR® is a federally registered trademark of the U.S. Securities and Exchange Commission. EDGAR Online is not affiliated with or approved by the U.S. Securities and Exchange Commission.