International Seaways, Inc.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
ASSETS
Current assets:
Cash and Cash Equivalents, at Carrying Value $92.0m $60.0m $58.3m $89.7m $199.4m $97.9m $243.7m $126.8m $157.5m $116.9m
Prepaid Expense and Other Assets, Current $5.3m $5.9m $5.9m $6.0m $6.0m $11.8m $9.0m $10.3m $15.6m $7.4m
Short-term Investments $80.0m $60.0m $50.0m
Inventory, Net $1.3m $3.3m $3.1m $3.9m $3.6m $2.1m $531k $1.3m $1.9m $611k
Accounts Receivable, after Allowance for Credit Loss $6.9m $2.7m $2.1m $2.3m $9.5m $6.5m $4.1m $2.6m
Assets, Current $170.9m $131.8m $167.6m $187.3m $256.8m $224.5m $642.6m $465.0m $376.3m $367.0m
Property, Plant and Equipment, Net $1.1b $1.1b $1.3b $1.3b $1.1b $1.8b $1.7b $1.9b $2.1b $2.1b
Operating Lease, Right-of-Use Asset $33.7m $21.6m $23.2m $8.5m $20.4m $21.2m $7.2m
Other Assets, Noncurrent $2.3m $2.9m $5.1m $2.9m $3.2m $7.7m $9.2m $6.6m $25.2m $16.4m
Additional Financial Items
Accounts Receivable, after Allowance for Credit Loss, Current $66.9m $58.2m $94.6m $83.8m $43.4m $107.1m $289.8m $247.2m $185.5m $177.9m
Assets $1.7b $1.7b $1.8b $1.8b $1.6b $2.3b $2.6b $2.5b $2.6b $2.7b
LIABILITIES AND EQUITY
Current liabilities:
Operating Lease, Liability, Current $13.0m $8.9m $8.4m $1.6m $10.2m $14.6m $3.2m
Accounts Payable, Current $2.9m $330k $1.2m $5.0m $2.6m $1.6m $1.8m $6.6m $5.8m $1.7m
Long-term Debt, Current Maturities $6.2m $24.1m $51.6m $70.3m $61.5m $178.7m $162.9m $127.4m $50.1m $25.8m
Operating Lease, Liability, Noncurrent $18.0m $10.3m $12.5m $7.7m $11.6m $8.7m $6.0m
Long-term Debt, Excluding Current Maturities $433.5m $528.9m $759.1m $590.7m $474.3m $926.3m $860.6m $595.2m $638.4m $541.3m
Liabilities, Current $45.1m $47.2m $75.3m $114.5m $108.9m $234.6m $257.4m $195.6m $130.9m $98.9m
Other Liabilities, Noncurrent $4.4m $2.7m $2.4m $1.5m $14.9m $2.3m $1.9m $2.6m $2.3m $2.2m
Liabilities $483.0m $578.8m $838.7m $731.2m $614.5m $1.2b $1.1b $805.1m $780.3m $648.4m
Stockholders’ equity:
Common Stock, Value, Issued $29.8m $1.3b $1.3b $1.3b $1.3b $1.6b $1.5b $1.5b $1.5b $1.5b
Additional Paid in Capital $1.3b
Retained Earnings (Accumulated Deficit) ($74.5m) ($180.5m) ($269.5m) ($270.3m) ($275.8m) ($409.3m) ($21.4m) $226.8m $359.1m $523.8m
Accumulated Other Comprehensive Income (Loss), Net of Tax ($52.3m) ($40.4m) ($29.9m) ($20.6m) ($32.6m) ($12.4m) $7.0m ($1.1m) ($7.9m) ($10.8m)
Accumulated Other Comprehensive (Income) Loss, Defined Benefit Plan, after Tax $11.9m $11.4m $8.4m $8.8m $8.5m $7.5m $9.9m $10.4m $13.0m $12.9m
Stockholders' Equity Attributable to Parent $1.2b $1.1b $1.0b $1.0b $972.0m $1.2b $1.5b $1.9b $2.0b
Stockholders' Equity Attributable to Noncontrolling Interest $584k
Liabilities and Equity $1.7b $1.7b $1.8b $1.8b $1.6b $2.3b $2.6b $2.5b $2.6b $2.7b

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.