Performance Shipping Inc. balance sheet

At the end of fiscal 2025, Performance Shipping Inc. had total assets of $560m and shareholders' equity of $323m. It held $48.2m in cash against $229m of debt: net debt of $181m.

Balance sheet

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Performance Shipping Inc.: balance sheet, annual
Fiscal year	2011Dec 2011	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Cash and equivalents	41	32	20	82	29	8	6	10	26	21	10	39	67	70	48
Receivables	0	0	1	1	1	0	0	0	4	4	4	9	8	6	6
Inventory	2	3	2	2	4	3	2	1	2	2	4	3	2	1	1
Total current assets	44	37	23	86	35	23	28	12	35	28	19	53	80	79	58
Total assets	210	337	317	409	436	267	232	100	131	158	145	293	296	330	560
Accounts payable	2	3	2	2	3	1	2	1	1	1	6	5	5	2	3
Deferred revenue (current)	0	1	1	0	1	0	0	0	0	—	—	—	—	—	—
Total current liabilities	3	6	4	9	25	130	101	3	8	11	15	26	15	15	26
Short-term debt	—	—	0	6	15	127	12	0	4	8	—	—	—	—	—
Long-term debt	—	92	98	92	128	0	—	0	28	50	50	128	55	47	—
Total debt	0	93	99	105	145	129	12	0	32	58	50	128	55	48	229
Shareholders' equity	207	239	164	256	239	91	131	96	94	97	87	156	233	275	323
Net debt (negative = net cash)	−41	61	79	23	115	121	6	−10	6	37	41	90	−12	−23	181
Shares outstanding	—	—	—	—	—	—	—	—	—	—	7m	—	37m	37m	37m

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from Performance Shipping Inc.'s SEC filings (10-K and 10-Q). How we read and check them: methodology and data sources. Not investment advice. Back to Performance Shipping Inc.