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SVRNOceanpal Inc
$8.33$3M
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  4. Financial Ratios

Oceanpal Inc (SVRN) Financial Ratios

Latest Ratios: P/E Ratio -0.1x · EV/EBITDA N/A · ROE -20.2%. (2019–2024 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

SVRN Valuation Multiples

Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow

MetricTTMFY 2024FY 2023FY 2022FY 2021FY 2020FY 2019
Market Cap$3M$173M$150M$69M$2.5B——
Enterprise Value$-4656610$166M$136M$61M$2.5B——
P/E Ratio →-0.13———37735.81——
P/S Ratio0.106.747.933.621840.33——
P/B Ratio0.032.051.620.9050.99——
P/FCF————3647.84——
P/OCF——184.5445.683433.56——

P/E links to full P/E history page with 30-year chart

SVRN EV Ratios

Enterprise-value multiples — capital-structure-neutral measures of total business value

MetricTTMFY 2024FY 2023FY 2022FY 2021FY 2020FY 2019
EV / Revenue—6.467.153.181839.07——
EV / EBITDA———13.275027.30——
EV / EBIT————18308.39——
EV / FCF————3645.36——

SVRN Profitability

Margins and return-on-capital ratios measuring operating efficiency

Margins

Full margin charts and quarterly trend are on the Earnings History page

MetricTTMFY 2024FY 2023FY 2022FY 2021FY 2020FY 2019
Gross Margin9.0%9.0%29.2%44.7%69.4%-0.7%42.4%
Operating Margin-70.2%-70.2%-40.7%-1.7%10.0%-40.3%-15.1%
Net Profit Margin-69.5%-69.5%-10.4%-1.7%10.0%-40.3%-15.1%

Return on Capital

MetricTTMFY 2024FY 2023FY 2022FY 2021FY 2020FY 2019
ROE-20.2%-20.2%-2.3%-0.5%0.3%-10.8%-5.3%
ROA-19.4%-19.4%-2.3%-0.5%0.3%-10.4%-5.2%
ROIC-17.5%-17.5%-7.9%-0.4%0.2%-8.1%—
ROCE-20.4%-20.4%-9.1%-0.5%0.3%-10.8%-5.3%

SVRN Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2024FY 2023FY 2022FY 2021FY 2020FY 2019
Debt / Equity———————
Debt / EBITDA———————
Net Debt / Equity—-0.08-0.16-0.11-0.03-0.00-0.00
Net Debt / EBITDA———-1.85-3.43—-0.00
Debt / FCF————-2.49—-0.00
Interest Coverage-162.87-162.87-1.17————

Net cash position: cash ($7M) exceeds total debt ($0)

SVRN Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2024FY 2023FY 2022FY 2021FY 2020FY 2019
Current Ratio2.772.778.775.763.442.2510.18
Quick Ratio2.462.468.645.633.242.1510.02
Cash Ratio1.411.416.493.441.800.020.00
Asset Turnover—0.290.200.240.030.250.34
Inventory Turnover14.6414.6446.7631.622.1952.0742.25
Days Sales Outstanding—43.5157.0581.42241.0585.519.14

SVRN Shareholder Yields

Earnings, FCF, buyback, and dividend yields — total returns to shareholders

Dividends

Full dividend history and growth charts are on the Dividend History page

MetricTTMFY 2024FY 2023FY 2022FY 2021FY 2020FY 2019
Dividend Yield65.8%0.9%1.4%4.5%0.1%——
Payout Ratio————1249.8%——

Total Shareholder Return Metrics

MetricTTMFY 2024FY 2023FY 2022FY 2021FY 2020FY 2019
Earnings Yield————0.0%——
FCF Yield————0.0%——
Buyback Yield0.0%0.0%0.0%0.0%0.0%——
Total Shareholder Yield65.8%0.9%1.4%4.5%0.1%——
Shares Outstanding—$298605$134888$6226$2455$1764$1764

Key Metrics

Growth RegimeContracting
ProfitabilityNegative
Balance SheetVulnerable
Cash FlowBurning
Top Statement Risk

Persistent operating losses

Distressed Valuation Reflects Operational Uncertainty

According to recent market data, Oceanpal Inc trades at a P/S multiple of 0.10 and a P/B ratio of 0.03, suggesting that investors are heavily discounting the company's asset base and future revenue potential due to the persistent inability to generate positive net income or sustainable cash flows.

The extremely low P/B ratio indicates that the market assigns almost no value to the company's book equity, likely reflecting concerns over the quality and liquidity of the underlying shipping assets. Investors should monitor whether these valuation levels represent a deep value opportunity or a terminal decline in the business model's viability.

Capital Returns Indicate Structural Decay

Based on reported financial statements, Oceanpal Inc's ROIC has remained consistently negative, reaching -8.3% in 2025Q2, which highlights a sustained failure to generate returns on invested capital that exceed the company's cost of capital, effectively eroding shareholder value over the observed ten-quarter period.

The persistent negative ROIC trend suggests that the company's capital allocation strategy has been unable to overcome the headwinds of high operating costs and volatile shipping rates. This pattern of value destruction warrants further investigation into whether the current asset base can ever achieve the efficiency required for profitability.

Working Capital Efficiency Remains Volatile

As reported in recent filings, Oceanpal Inc's asset turnover ratio has stagnated at 0.04 in 2025Q2, demonstrating that the company is struggling to generate meaningful revenue from its existing asset base, a trend that has persisted throughout the last two years of operational contraction.

While the cash conversion cycle of 24 days in 2025Q2 appears manageable, it is largely a function of low operational activity rather than superior working capital management. The lack of asset utilization suggests that the company's fleet may be underperforming or poorly positioned to capture market demand.

Misleading Liquidity Ratios Obscure Reality

Data from recent balance sheets shows a current ratio of 7.05 in 2025Q2, yet this metric is frequently misapplied to Oceanpal Inc as it obscures the company's underlying cash burn and the lack of recurring revenue needed to sustain operations without further eroding the total asset base.

Investors should prioritize cash flow metrics over liquidity ratios like the current ratio, which can be inflated by non-cash assets or temporary accounting positions. Relying on these liquidity measures may lead to an overestimation of the company's financial health in the face of ongoing operational losses.

Download Financial Ratios Data

Includes 30+ ratios · 6 years · Updated daily

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SVRN — Frequently Asked Questions

Quick answers to the most common questions about buying SVRN stock.

What is Oceanpal Inc's P/E ratio?

Oceanpal Inc's current P/E ratio is -0.1x. This places it at the 50th percentile of its historical range.

What is Oceanpal Inc's ROE?

Oceanpal Inc's return on equity (ROE) is -20.2%. The historical average is -6.5%.

Is SVRN stock overvalued?

Based on historical data, Oceanpal Inc is trading at a P/E of -0.1x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.

What is Oceanpal Inc's dividend yield?

Oceanpal Inc's current dividend yield is 65.77%.

What are Oceanpal Inc's profit margins?

Oceanpal Inc has 9.0% gross margin and -70.2% operating margin.