Eagle Bulk Shipping Inc. company info

CIK 1322439
IRS Number 980450435
State of incorporation 1T
Business address 300 FIRST STAMFORD PLACE
5TH FLOOR
STAMFORD
CT
06902
Mail address 300 FIRST STAMFORD PLACE
5TH FLOOR
STAMFORD
CT
06902

Short summary

Eagle Bulk Shipping Inc. is a Connecticut company, with head office located at 300 First Stamford Place Stamford, Connecticut 06902. In 2017 the company owned a total of 814.94 million USD worth of assets, including 110.41 million USD worth of current assets and 704.54 million USD worth of non-current assets. 2010 was the year when the company amassed the most assets. The company net sales last year amounted to 236.78 million USD.

Eagle Bulk Shipping Inc. Income Statement

Name [in Millions USD]2008200920102011201220132014201520162017Trends
Revenue, Net 192.57265.04313.43190.81202.44103.86124.49236.78
Operating Income (Loss) 65.3775.6631.67-37.2231.14-135.54-201.25-0.14
Interest expense -28.9048.89-46.7766.6482.9111.9321.8029.38
Other Nonoperating Income (Expense) -46.49-65.58-101.66-0.84-0.690.04
Income Tax Expense (Benefit) 0.300.60
Net income 33.2926.84-14.82-102.80-70.52-148.30-223.52-43.80

Eagle Bulk Shipping Inc. Balance Sheet

Name [in Millions USD]2008200920102011201220132014201520162017Trends
Cash and cash equivalents 9.21102.1351.1317.1519.6220.0927.1811.8768.6857.90
Accounts Receivable, Net, Current 17.6910.2512.9715.7212.225.5611.2613.98
Inventories 8.5312.5811.828.6810.586.8512.5713.62
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 351.84426.43445.1162.9686.32105.61
Other Assets, Noncurrent 0.072.290.843.533.370.771.030.05
Total assets 1,896.531,835.151,784.651,681.861,670.10745.26806.79814.94
Current assets 80.4645.8182.4770.3876.6131.00112.01110.41
Non-current assets 1,816.071,789.341,702.181,611.491,593.49714.27694.78704.54
Accounts payable 8.466.638.245.465.647.907.849.02
Total current liabilities 37.4436.0724.591,218.0544.6923.4022.3939.17
Long-term Debt, Excluding Current Maturities 1,151.351,130.191,129.481,129.481,129.48297.04309.60
Long-term Debt 1,097.381,152.04
Total liabilities 1,225.531,187.871,183.921,218.051,251.69287.03322.58351.26
Common Stock, Value, Issued 0.630.160.170.170.190.020.700.71
Retained Earnings (Accumulated Deficit) -54.90-103.01-166.94-303.05-348.90-221.62-400.33-427.90
Accumulated Other Comprehensive Income (Loss), Net of Tax -16.70-6.951.51-0.70-0.44

Eagle Bulk Shipping Inc. Cash Flow

Name [in Millions USD]2008200920102011201220132014201520162017Trends
Net income 33.2926.84-14.82-102.80-70.52-148.30-223.52-43.80
Depreciation 69.7275.1374.84
Depreciation and amortization 44.3362.9573.0877.5976.9543.0038.8833.69
Accounts receivable 3.096.921.410.691.89-7.65-1.9912.16
Inventories 03.197.891.00-2.47-0.175.303.24
Accounts payable 0.253.804.55-0.41-3.81-3.45-1.080.34
Deferred revenue -1.101.23-0.31-2.021.63-0.834.49-0.37
Net Cash Provided by (Used in) Operating Activities 90.5294.3458.304.78-0.35-43.79-45.437.39
Net Cash Provided by (Used in) Investing Activities -228.62-281.00-157.790.292.3210.25-9.28-155.25
Proceeds from Issuance of Common Stock 100.0000085.7096.03
Net Cash Provided by (Used in) Financing Activities 200.24244.43-4.56-12.03-0.4018.46106.33127.60
Cash and Cash Equivalents, Period Increase (Decrease) 62.1457.78-104.05-6.961.56-15.0851.62-20.27