Pyxis Tankers Inc. key statistics and ratios

In fiscal 2025, Pyxis Tankers Inc. had return on equity of 2.1%, an operating margin of 15.2%, debt equal to 92.3% of equity and a current ratio of 4.45. Each ratio below is calculated from the figures on its income statement, balance sheet and cash flow pages.

Financial ratios

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

Pyxis Tankers Inc.: financial ratios, annual
Fiscal year	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Operating margin	−9.9%	−7.9%	−28.2%	−9.1%	−8.9%	−33.6%	29.7%	92.1%	32.4%	15.2%
Net margin	−19.1%	−17.7%	−28.9%	−30.0%	−31.8%	−48.7%	23.0%	81.5%	25.0%	5.1%
Free-cash-flow margin	—	—	—	18.3%	−62.3%	−173.2%	9.0%	−15.5%	−50.7%	34.9%
Return on equity	−11.9%	−10.8%	−18.6%	−23.2%	−22.4%	−31.5%	24.3%	46.9%	13.6%	2.1%
Return on assets	−4.4%	−4.1%	−6.8%	−7.4%	−6.8%	−10.5%	9.5%	24.3%	7.2%	1.0%
Asset turnover	0.23	0.23	0.24	0.25	0.21	0.21	0.41	0.30	0.29	0.20
Current ratio	0.33	0.31	0.32	0.76	0.65	0.84	1.68	6.04	3.76	4.45
Debt to equity	151.4%	138.9%	158.8%	184.1%	183.6%	159.2%	107.1%	63.7%	91.2%	92.3%
Interest cover (operating income ÷ interest)	—	—	n/m	n/m	n/m	n/m	3.9x	7.2x	2.6x	1.0x
Capital spending as % of revenue	—	—	—	2.1%	2.2%	169.7%	5.1%	62.7%	87.2%	0.0%
Free cash flow ÷ net income	—	—	—	—	—	—	39.4%	−19.1%	−203.0%	682.5%
Dividends and buybacks ÷ free cash flow	—	—	—	—	—	—	—	—	—	3.5%

Returns use average equity or assets over the year. Return on equity is left blank when equity is negative or so small that the ratio says nothing (above ±200%); interest cover is left blank above 200 times. Price-based ratios such as P/E are on the valuation page.

Financial health

2 of 6 checks passed · December 31, 2025

What it owns · $193m

Short-term assets $57mLonger-term assets $137m

What it owes, and who funded it · $108m

Short-term liabilities $13mShareholders' equity $95m

Short-term assets cover short-term liabilities $57m of assets due within a year against $13m of liabilities due within a year.
Short-term assets cover long-term liabilities Not assessable from the reported split. Not assessable.
More cash than debt $36m of cash against $87m of debt.
Debt below 40% of shareholders' equity Debt is 92% of equity.
Debt burden no higher than five years ago Debt to equity moved from 170% to 92% over five years.
A year's operating cash flow covers at least 20% of debt $14m of operating cash flow against $87m of debt.
Operating profit covers interest at least five times over Operating income of $6m against $6m of interest.

From Pyxis Tankers Inc.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Medium.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

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