Performance Shipping Corp (PSHG) - Debt to Equity

Corporate emblem and logo of Performance Shipping Corp (PSHG)

Performance Shipping (PSHG) is a global transporter of petroleum products using Aframax vessels, effectively mitigating market volatility through its broad geographical reach. The total debt-to-equity ratio, which stands at 0.89, complements the revenue data from charters with major trading houses. The current strategy of fleet expansion and a mix of spot deals and long-term contracts is designed to secure the company's cash flows.

PSHG (Performance Shipping Inc) Debt to Capital Ratio history from 07/04/2022 to 10/27/2026
Flagship merchandise of Performance Shipping Corp

This indicator measures total borrowed funds relative to equity, determining the business's dependence on external financing and the risks of balance sheet overload. By analyzing the debt-to-equity ratio, an investor can assess how Performance Shipping (PSHG) utilizes leverage to modernize its Aframax fleet and scale logistics amid a volatile freight market.

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