Euronav Liabilities 2024

Euronav Aktienanalyse

What does Euronav do?

Euronav NV is an international shipping company based in Antwerp, Belgium. It was founded in 1995 and specializes in the transportation of crude oil and petroleum products. Euronav is one of the largest independent tanker shipping companies in the world, operating a fleet of approximately 80 vessels. The company uses its ships to transport oil from producers to ports around the world, prioritizing safety and utilizing advanced technology. Euronav operates a combined strategy of spot market and long-term charter contracts to generate revenue from both short and long-term transactions. This allows the company to benefit from market volatility and adapt accordingly. Additionally, Euronav seeks synergies with other shipping companies and forms partnerships to further expand its business. Since 2014, Euronav has been jointly active with Frontline in the company Tankers International, operating the largest tanker fleet in the world. Euronav is divided into two business segments: Tankers and FSO (Floating Storage and Offloading). The Tankers segment includes all activities related to the transport of liquid cargoes such as crude oil and petroleum products, as well as the operation of tankers. The FSO segment involves the sale of FSO units, typically used for offshore storage of oil, gas, and petrochemical products. This enables continuous production on land without transportation constraints. Euronav operates a wide range of tankers suitable for transporting various oil products, including crude oil, refined oil, jet fuel, and LPG. The fleet includes the largest tankers currently in the industry, with capacities ranging from 300,000 barrels to 3 million barrels per vessel. The FSO units are flexible and can be configured according to demand, serving as either storage units for crude oil or gas terminals. Euronav was founded in 1995 by three Belgians: Paddy Rodgers, Marc Saverys, and Hugo de Stoop. The company resulted from the merger of two companies: Petrobulk, specializing in the transport of crude oil and chemicals, and CMBT, a leading shipping and logistics group. Over the years, Euronav expanded and acquired several other shipping companies. Today, it is one of the world's leading tanker shipping companies. In summary, Euronav NV is an internationally operating shipping company specializing in the transportation of crude oil and petroleum products. It operates a fleet of approximately 80 tankers and FSO units, engaging in spot market and long-term charter contracts. The company is divided into two business segments: Tankers and FSO. The fleet includes the largest tankers in the world, with capacities of up to 3 million barrels per vessel. Founded in 1995, Euronav has since grown through mergers and acquisitions to become one of the largest independent tanker shipping companies in the world. Euronav ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Liabilities Details

Assessing Euronav's Liabilities

Euronav's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating Euronav's financial stability, operational efficiency, and long-term viability.

Year-to-Year Comparison

By comparing Euronav's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.

Impact on Investments

Euronav's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.

Interpreting Liability Fluctuations

Shifts in Euronav’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.

Frequently Asked Questions about Euronav stock

What is the level of liabilities of Euronav this year?

Euronav has a debt balance of 1.06 B USD this year.

What were the liabilities of Euronav compared to the previous year?

The liabilities of Euronav have increased by -40.86% dropped compared to the previous year.

What are the consequences of high debt for investors of Euronav?

High liabilities can pose a risk for investors of Euronav, as they can weaken the company's financial position and impair its ability to meet its obligations.

What consequences do low liabilities have for investors in Euronav?

Low liabilities mean that Euronav has a strong financial position and is able to meet its obligations without overburdening its finances.

How does an increase in liabilities of Euronav affect the company?

An increase in liabilities of Euronav can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.

How does a reduction in the liabilities of Euronav affect the company?

A decrease in the liabilities of Euronav can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.

What are some factors that influence the liabilities of Euronav?

Some factors that can influence the liabilities of Euronav include investments, acquisitions, operating costs, and sales development.

Why is the level of liabilities of Euronav so important for investors?

The liabilities of Euronav are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.

What strategic measures can Euronav take to modify the liabilities?

To change its liabilities, Euronav can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.

How much dividend does Euronav pay?

Over the past 12 months, Euronav paid a dividend of 3.2 USD . This corresponds to a dividend yield of about 20.45 %. For the coming 12 months, Euronav is expected to pay a dividend of 3.41 USD.

What is the dividend yield of Euronav?

The current dividend yield of Euronav is 20.45 %.

When does Euronav pay dividends?

Euronav pays a quarterly dividend. This is distributed in the months of January, June, August, August.

How secure is the dividend of Euronav?

Euronav paid dividends every year for the past 12 years.

What is the dividend of Euronav?

For the upcoming 12 months, dividends amounting to 3.41 USD are expected. This corresponds to a dividend yield of 21.8 %.

In which sector is Euronav located?

Euronav is assigned to the 'Energy' sector.

Wann musste ich die Aktien von Euronav kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Euronav from 7/18/2024 amounting to 0.34 USD, you needed to have the stock in your portfolio before the ex-date on 7/10/2024.

When did Euronav pay the last dividend?

The last dividend was paid out on 7/18/2024.

What was the dividend of Euronav in the year 2023?

In the year 2023, Euronav distributed 0.12 USD as dividends.

In which currency does Euronav pay out the dividend?

The dividends of Euronav are distributed in USD.