A Look Into Overseas Shipholding''s Debt
Over the past three months, shares of Overseas Shipholding Group (NYSE: OSG ) increased by 24.65%. Before having a look at the importance of debt, let us look at how much debt Overseas Shipholding Gr has. Overseas Shipholding Gr''s Debt Based on Overseas Shipholding Gr''s balance sheet as of May 7, 2021, long-term debt is at $400.96 million and current debt is at $42.72 million, amounting to $443.68 million in total debt. Adjusted for $45.09 million in cash-equivalents, the company''s net debt is at $398.58 million. Let''s define some of the terms we used in the paragraph above. Current debt is the portion of a company''s debt which is due within 1 year, while long-term Full story available on Benzinga.com
A Look Into Overseas Shipholding''s Debt
Over the past three months, shares of Overseas Shipholding Group (NYSE: OSG ) increased by 24.65%. Before having a look at the importance of debt, let us look at how much debt Overseas Shipholding Gr has. Overseas Shipholding Gr''s Debt Based on Overseas Shipholding Gr''s balance sheet as of May 7, 2021, long-term debt is at $400.96 million and current debt is at $42.72 million, amounting to $443.68 million in total debt. Adjusted for $45.09 million in cash-equivalents, the company''s net debt is at $398.58 million. Let''s define some of the terms we used in the paragraph above. Current debt is the portion of a company''s debt which is due within 1 year, while long-term Full story available on Benzinga.com