Company Information

  

Address: PAR LA VILLE PLACE, 4TH FLOOR
14 PAR LA VILLE ROAD 
City: HAMILTON HM 08 
State:  
Zip Code: 00000 
Telephone: 441-295-6935 

Description of Business

Primary SIC Code: 4400
(As filed with the SEC)  

We are an international shipping company that owns and operates a fleet of dry bulk vessels, comprising of Newcastlemax, Capesize, Kamsarmax, Panamax and Supramax vessels. Our vessels transport a broad range of major and minor bulk commodities, including ores, coal, grains and fertilizers, along worldwide shipping routes. We were originally established for the purpose of owning and operating five very large crude oil carriers, or VLCCs, and gradually over the years through vessel disposals, acquisitions and corporate transactions have become an owner and operator of a dry bulk vessel fleet. 22 -------------------------------------------------------------------------------- On September 18, 1996, we were incorporated in Bermuda under the name Knightsbridge Tankers Limited as an exempted company pursuant to the Bermuda Companies Act 1981. In October 2014, we changed our name to Knightsbridge Shipping Limited.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
12/2016-1.34NAN/E
12/2015-36.50NAN/E

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity-0.08Total Liab/Total Assets0.48
Net Inc/Total Assets-0.05Total Liab/Inv Cap0.49
Net Inc/Inv Cap-0.06Total Liab/Comm Equity0.71
Pretax Inc/Net Sales-0.50Interest Coverage Ratio-1.90
Net Inc/Net Sales-0.50Curr Debt/Equity0.01
Cash Flow/Net Sales-0.09LTD/Equity0.86
SG&A/NetSales0.46Total Debt/Equity0.87
Asset Utilization   Liquidity  
Net Receivables Turnover8.49Quick Ratio6.47
Inventory Turnover8.67Current Ratio6.88
Inventory Day Sales0.02Net Rec/Curr Assets0.09
Net Sales/Work Cap1.01Inv/Curr Assets0.06
Net Sales/PP&E0.13  

Income Statement (Millions)

  12/31/2016 12/31/2015 12/31/2014 12/31/2013
Total Revenues(Net Sales) 257.81 190.24 96.72 37.55
Cost of Goods Sold 143.58 108.82 33.96 6.81
Selling & Admin Exps 118.57 95.49 23.71 12.83
Operating Income -70.56 -224.13 19.49 6.82
Interest Exp 44.17 28.27 2.53 2.83
Pretax Income -127.87 -220.65 16.25 3.53
Other Income -10.62 36.78 -0.71 -0.47
Net Income Bef Extraordinary ... NA NA NA NA
Net Income -127.71 -220.84 16.00 -3.90

Balance Sheet (Millions)

Assets 12/31/2016 12/31/2015 12/31/2014 12/31/2013
Cash & Short Term Investments 222.97 120.87 42.22 98.25
Receivables - Total 27.67 33.07 6.65 4.24
Inventories - Total 17.95 15.16 13.24 1.73
Total Current Assets 299.93 203.66 64.28 104.74
Net Property, Plant & Equipment 1,942.46 1,835.17 1,176.01 289.45
Total Assets 2,361.62 2,172.87 1,262.74 409.86
Liabilities        
Accounts Payable 22.14 24.51 11.68 3.79
Debt in Current Liabilities 6.85 41.53 19.81 0.00
Total Current Liabilities 43.60 80.03 34.78 7.42
Long-Term Debt 1,071.09 925.65 343.69 95.00
Total Liabilities 1,122.90 1,014.22 378.47 102.42
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock NA NA NA NA
Common Stock 5.30 1.73 0.80 0.31
Retained Earnings -349.56 -221.84 -1.01 -7.92
Treasury Stock NA NA NA NA
Total Stockholders' Equity 1,238.72 1,158.65 884.27 307.44
Total Liabilities and Stockholders' Equity 2,361.62 2,172.87 1,262.74 409.86

Cash Flow Summary (Millions)

Categories 12/31/2016 12/31/2015 12/31/2014 12/31/2013
Net Cash Provided by Operating Activities -23.05 -14.83 24.86 12.31
Net Cash Provided by Investing Activities -175.31 112.57 -316.85 -9.63
Net Cash Provided by Financing Activities 308.69 -37.35 235.96 16.31

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/201237.32-53.43--
12/201337.55-3.90--
12/201496.7216.00--
12/2015190.24-220.84-36.50
12/2016257.81-127.71-1.34
Growth Rates62.13----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/176535,12225.06




Report Date : 12/11/2017

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.