DryShips IncFind Ratings Reports
DRYSHIPS INC's gross profit margin for the first quarter of its fiscal year 2016 has significantly decreased when compared to the same period a year ago. Sales and net income fell significantly; although net income growth outperformed the average competitor in its industry, revenue growth did not. DRYSHIPS INC has very weak liquidity. Currently, the Quick Ratio is 0.11 which clearly shows a lack of ability to cover short-term cash needs. The liquidity decreased from the same period a year ago, despite already having weak liquidity to begin with. This would indicate deteriorating cash flow.
At the same time, stockholders' equity ("net worth") has significantly decreased by 99.76% from the same quarter last year. The key liquidity measurements indicate that the company is in a position in which financial difficulties could develop in the near future.
STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. To learn more visit www.TheStreetRatings.com.
|Income Statement||Q1 FY16||Q1 FY15|
|Net Sales ($mil)||11.86||492.11|
|Net Income ($mil)||-106.82||-59.16|
|Balance Sheet||Q1 FY16||Q1 FY15|
|Cash & Equiv. ($mil)||5.74||576.59|
|Total Assets ($mil)||287.12||10764.89|
|Total Debt ($mil)||213.32||5920.09|
|Profitability||Q1 FY16||Q1 FY15|
|Gross Profit Margin||-49.32||57.48|
|Return on Assets||-1008.2||-0.66|
|Return on Equity||-41341.31||-2.45|
|Debt||Q1 FY16||Q1 FY15|
|Share Data||Q1 FY16||Q1 FY15|
|Shares outstanding (mil)||26.88||26.88|
|Div / share||0.0||0.0|
|Book value / share||0.26||109.08|
|Institutional Own %||n/a||n/a|
|Avg Daily Volume||1553317.0||3087725.0|
SELL. This stock’s P/E ratio is negative, making its value useless in the assessment of premium or discount valuation, only displaying that the company has negative earnings per share. For additional comparison, its price-to-book ratio of 2.23 indicates a discount versus the S&P 500 average of 2.81 and a discount versus the industry average of 2.65. The price-to-sales ratio is well below both the S&P 500 average and the industry average, indicating a discount. After reviewing these and other key valuation criteria, DRYSHIPS INC proves to trade at a discount to investment alternatives within the industry.
|DRYS NM||Peers 36.58||DRYS 0.09||Peers 11.48|
Neutral. The absence of a valid P/E ratio happens when a stock can not be valued on the basis of a negative stream of earnings.
DRYS's P/E is negative making this valuation measure meaningless.
Discount. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures.
DRYS is trading at a significant discount to its peers.
|DRYS NA||Peers 78.27||DRYS NA||Peers 0.17|
Neutral. A lower price-to-projected earnings ratio than its peers can signify a less expensive stock or lower future growth potential.
Ratio not available.
Neutral. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples.
Ratio not available.
|DRYS 2.23||Peers 2.65||DRYS -4250.40||Peers -202.07|
Discount. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet.
DRYS is trading at a discount to its peers.
Lower. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios.
However, DRYS is expected to significantly trail its peers on the basis of its earnings growth rate.
|DRYS 0.03||Peers 2.57||DRYS -75.89||Peers -33.46|
Discount. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales.
DRYS is trading at a significant discount to its industry on this measurement.
Lower. A sales growth rate that trails the industry implies that a company is losing market share.
DRYS significantly trails its peers on the basis of sales growth