Okeanis Free Cash Flow Yield vs Ptb Ratio Analysis

ECO Stock

32.98 1.02 3.19%

Okeanis Eco financial indicator trend analysis is much more than just breaking down Okeanis Eco Tankers prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Okeanis Eco Tankers is a good investment. Please check the relationship between Okeanis Eco Free Cash Flow Yield and its Ptb Ratio accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Okeanis Eco Tankers. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

Free Cash Flow Yield vs Ptb Ratio

Free Cash Flow Yield vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Okeanis Eco Tankers Free Cash Flow Yield account and Ptb Ratio. At this time, the significance of the direction appears to have very week relationship.

The correlation between Okeanis Eco's Free Cash Flow Yield and Ptb Ratio is 0.24. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Okeanis Eco Tankers, assuming nothing else is changed. The correlation between historical values of Okeanis Eco's Free Cash Flow Yield and Ptb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Yield of Okeanis Eco Tankers are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Free Cash Flow Yield i.e., Okeanis Eco's Free Cash Flow Yield and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

0.24

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Most indicators from Okeanis Eco's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Okeanis Eco Tankers current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Okeanis Eco Tankers. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

At this time, Okeanis Eco's Selling General Administrative is very stable compared to the past year. As of the 5th of January 2026, Sales General And Administrative To Revenue is likely to grow to 0.03, while Issuance Of Capital Stock is likely to drop about 12 M.

	2023	2024	2025	2026 (projected)
Interest Expense	58.7M	53.6M	61.7M	42.0M
Depreciation And Amortization	40.4M	41.1M	47.3M	36.4M

Interest Expense Depreciation And Amortization

Okeanis Eco fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Other Liab	Net Tangible Assets
Total Assets		1.0	0.27	0.97	0.91	0.99	0.98	0.99	0.72	0.89	0.72	0.99	0.76	0.72	0.81	0.97	0.99	0.77	0.78	-0.61	0.99	0.8	0.94	0.78	-0.61	0.83
Short Long Term Debt Total	1.0		0.31	0.98	0.87	1.0	0.99	1.0	0.66	0.87	0.67	1.0	0.75	0.67	0.77	0.96	1.0	0.72	0.73	-0.55	1.0	0.75	0.95	0.73	-0.56	0.78
Other Current Liab	0.27	0.31		0.26	0.02	0.31	0.31	0.34	-0.01	0.11	-0.08	0.31	-0.18	-0.08	0.12	0.27	0.33	0.05	0.14	0.03	0.32	0.03	0.13	0.13	0.05	-0.06
Total Current Liabilities	0.97	0.98	0.26		0.85	0.96	0.96	0.97	0.65	0.88	0.68	0.96	0.68	0.68	0.84	0.92	0.97	0.74	0.74	-0.54	0.98	0.78	0.99	0.67	-0.56	0.77
Total Stockholder Equity	0.91	0.87	0.02	0.85		0.87	0.84	0.84	0.88	0.89	0.86	0.87	0.74	0.86	0.89	0.91	0.87	0.91	0.9	-0.8	0.87	0.92	0.85	0.87	-0.76	0.98
Property Plant And Equipment Net	0.99	1.0	0.31	0.96	0.87		0.99	1.0	0.67	0.87	0.63	1.0	0.74	0.63	0.74	0.96	1.0	0.7	0.7	-0.55	1.0	0.72	0.93	0.76	-0.53	0.77
Current Deferred Revenue	0.98	0.99	0.31	0.96	0.84	0.99		0.99	0.63	0.86	0.59	0.99	0.72	0.59	0.73	0.93	0.99	0.68	0.66	-0.52	0.99	0.69	0.92	0.7	-0.47	0.75
Net Debt	0.99	1.0	0.34	0.97	0.84	1.0	0.99		0.63	0.86	0.61	1.0	0.73	0.61	0.73	0.95	1.0	0.68	0.68	-0.52	1.0	0.7	0.93	0.72	-0.51	0.74
Retained Earnings	0.72	0.66	-0.01	0.65	0.88	0.67	0.63	0.63		0.81	0.71	0.67	0.55	0.71	0.8	0.76	0.66	0.88	0.83	-0.98	0.66	0.81	0.63	0.86	-0.75	0.9
Accounts Payable	0.89	0.87	0.11	0.88	0.89	0.87	0.86	0.86	0.81		0.65	0.87	0.74	0.65	0.81	0.92	0.87	0.89	0.8	-0.76	0.87	0.79	0.85	0.77	-0.72	0.85
Cash	0.72	0.67	-0.08	0.68	0.86	0.63	0.59	0.61	0.71	0.65		0.63	0.65	1.0	0.87	0.72	0.66	0.84	0.93	-0.63	0.66	0.96	0.72	0.61	-0.85	0.84
Non Current Assets Total	0.99	1.0	0.31	0.96	0.87	1.0	0.99	1.0	0.67	0.87	0.63		0.75	0.63	0.74	0.96	1.0	0.7	0.7	-0.55	1.0	0.72	0.93	0.76	-0.53	0.77
Non Currrent Assets Other	0.76	0.75	-0.18	0.68	0.74	0.74	0.72	0.73	0.55	0.74	0.65	0.75		0.65	0.49	0.81	0.75	0.63	0.6	-0.46	0.74	0.61	0.7	0.61	-0.7	0.65
Cash And Short Term Investments	0.72	0.67	-0.08	0.68	0.86	0.63	0.59	0.61	0.71	0.65	1.0	0.63	0.65		0.87	0.72	0.66	0.84	0.93	-0.63	0.66	0.96	0.72	0.61	-0.85	0.84
Net Receivables	0.81	0.77	0.12	0.84	0.89	0.74	0.73	0.73	0.8	0.81	0.87	0.74	0.49	0.87		0.78	0.76	0.91	0.93	-0.74	0.77	0.97	0.84	0.65	-0.73	0.89
Common Stock Shares Outstanding	0.97	0.96	0.27	0.92	0.91	0.96	0.93	0.95	0.76	0.92	0.72	0.96	0.81	0.72	0.78		0.96	0.83	0.82	-0.67	0.96	0.8	0.88	0.83	-0.73	0.83
Non Current Liabilities Total	0.99	1.0	0.33	0.97	0.87	1.0	0.99	1.0	0.66	0.87	0.66	1.0	0.75	0.66	0.76	0.96		0.71	0.72	-0.55	1.0	0.74	0.93	0.74	-0.56	0.77
Inventory	0.77	0.72	0.05	0.74	0.91	0.7	0.68	0.68	0.88	0.89	0.84	0.7	0.63	0.84	0.91	0.83	0.71		0.96	-0.86	0.72	0.94	0.72	0.76	-0.89	0.92
Other Current Assets	0.78	0.73	0.14	0.74	0.9	0.7	0.66	0.68	0.83	0.8	0.93	0.7	0.6	0.93	0.93	0.82	0.72	0.96		-0.78	0.73	0.98	0.73	0.72	-0.9	0.89
Other Stockholder Equity	-0.61	-0.55	0.03	-0.54	-0.8	-0.55	-0.52	-0.52	-0.98	-0.76	-0.63	-0.55	-0.46	-0.63	-0.74	-0.67	-0.55	-0.86	-0.78		-0.55	-0.75	-0.51	-0.79	0.72	-0.84
Total Liab	0.99	1.0	0.32	0.98	0.87	1.0	0.99	1.0	0.66	0.87	0.66	1.0	0.74	0.66	0.77	0.96	1.0	0.72	0.73	-0.55		0.75	0.94	0.73	-0.56	0.77
Total Current Assets	0.8	0.75	0.03	0.78	0.92	0.72	0.69	0.7	0.81	0.79	0.96	0.72	0.61	0.96	0.97	0.8	0.74	0.94	0.98	-0.75	0.75		0.8	0.69	-0.85	0.92
Short Term Debt	0.94	0.95	0.13	0.99	0.85	0.93	0.92	0.93	0.63	0.85	0.72	0.93	0.7	0.72	0.84	0.88	0.93	0.72	0.73	-0.51	0.94	0.8		0.62	-0.57	0.77
Common Stock	0.78	0.73	0.13	0.67	0.87	0.76	0.7	0.72	0.86	0.77	0.61	0.76	0.61	0.61	0.65	0.83	0.74	0.76	0.72	-0.79	0.73	0.69	0.62		-0.64	0.86
Other Liab	-0.61	-0.56	0.05	-0.56	-0.76	-0.53	-0.47	-0.51	-0.75	-0.72	-0.85	-0.53	-0.7	-0.85	-0.73	-0.73	-0.56	-0.89	-0.9	0.72	-0.56	-0.85	-0.57	-0.64		-0.74
Net Tangible Assets	0.83	0.78	-0.06	0.77	0.98	0.77	0.75	0.74	0.9	0.85	0.84	0.77	0.65	0.84	0.89	0.83	0.77	0.92	0.89	-0.84	0.77	0.92	0.77	0.86	-0.74

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Okeanis Eco Account Relationship Matchups

Okeanis Eco fundamental ratios Accounts

	2021	2022	2023	2024	2025	2026 (projected)
Total Assets	954.6M	1.2B	1.1B	1.1B	1.2B	1.2B
Short Long Term Debt Total	577.0M	739.0M	693.3M	646.2M	743.1M	717.0M
Other Current Liab	3.3M	6.0M	4.1M	6.0M	5.4M	5.0M
Total Current Liabilities	61.5M	92.9M	105.6M	72.7M	83.6M	87.1M
Total Stockholder Equity	358.3M	422.2M	408.1M	410.4M	472.0M	417.1M
Property Plant And Equipment Net	883.5M	1.0B	988.2M	958.7M	1.1B	1.1B
Current Deferred Revenue	4.9M	6.5M	2.9M	4.3M	4.9M	4.3M
Net Debt	538.8M	657.7M	643.3M	596.8M	686.4M	673.7M
Retained Earnings	61.8M	146.4M	291.6M	400.5M	460.6M	483.6M
Accounts Payable	16.0M	11.8M	23.5M	19.5M	22.4M	17.2M
Cash	38.2M	81.3M	50.0M	49.3M	56.7M	43.3M
Non Current Assets Total	892.0M	1.0B	991.2M	963.2M	1.1B	1.1B
Non Currrent Assets Other	6.4M	8.6M	4.5M	3.0M	5.2M	4.4M
Cash And Short Term Investments	38.2M	81.3M	50.0M	49.3M	56.7M	43.3M
Net Receivables	8.8M	50.2M	57.5M	40.0M	46.0M	32.5M
Common Stock Shares Outstanding	32.5M	32.4M	32.2M	32.2M	37.0M	33.8M
Liabilities And Stockholders Equity	954.6M	1.2B	1.1B	1.1B	1.2B	1.2B
Non Current Liabilities Total	534.8M	668.3M	615.4M	599.0M	688.9M	656.8M
Inventory	12.6M	17.0M	25.4M	24.3M	28.0M	14.8M
Other Current Assets	3.0M	5.9M	5.2M	5.2M	6.0M	3.7M
Other Stockholder Equity	296.4M	275.8M	116.5M	9.9M	8.9M	8.5M
Total Liab	596.3M	761.1M	721.0M	671.7M	772.4M	743.9M
Total Current Assets	62.6M	154.4M	137.9M	118.9M	136.7M	94.4M
Accumulated Other Comprehensive Income	(26.2K)	(28.6K)	(29.9K)	(35.9K)	(32.3K)	(33.9K)
Short Term Debt	42.2M	70.8M	77.9M	47.2M	54.3M	60.4M
Other Assets	6.4M	5.6M	4.5M	3.0M	4.1M	3.8M
Long Term Debt	534.8M	668.2M	615.3M	599.0M	539.1M	514.7M
Net Invested Capital	935.3M	1.2B	1.1B	1.1B	950.5M	874.7M
Property Plant And Equipment Gross	973.2M	1.2B	1.2B	1.2B	1.0B	914.3M
Short Long Term Debt	42.2M	70.8M	77.9M	46.7M	53.7M	66.4M
Net Working Capital	1.1M	61.6M	32.3M	46.2M	53.2M	55.8M
Property Plant Equipment	883.5M	1.0B	988.2M	958.7M	862.8M	815.8M

Pair Trading with Okeanis Eco

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Okeanis Eco position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Okeanis Eco will appreciate offsetting losses from the drop in the long position's value.

Moving together with Okeanis Stock

0.79	SB	Safe Bulkers	Pair Corr
0.62	EDRY	EuroDry	Pair Corr
0.77	FLNG	FLEX LNG	Pair Corr
0.83	DAC	Danaos	Pair Corr
0.62	DSX	Diana Shipping	Pair Corr

Moving against Okeanis Stock

0.82	LSH	Lakeside Holding	Pair Corr
0.61	NCT	Intercont Limited	Pair Corr

The ability to find closely correlated positions to Okeanis Eco could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Okeanis Eco when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Okeanis Eco - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Okeanis Eco Tankers to buy it.

The correlation of Okeanis Eco is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Okeanis Eco moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Okeanis Eco Tankers moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Okeanis Eco can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Okeanis Eco Tankers offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Okeanis Eco's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Okeanis Eco Tankers Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Okeanis Eco Tankers Stock:

How To Invest In Okeanis

Details

Is Okeanis Stock a good investment?

Details

What is Okeanis Eco's Net Worth?

Details

Largest Marine Transportation Companies

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Largest Marine Shipping Companies

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Okeanis Eco Tankers. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

Is Marine Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Okeanis Eco. If investors know Okeanis will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Okeanis Eco listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.653

Dividend Share

2.12

Earnings Share

2.38

Revenue Per Share

10.868

Quarterly Revenue Growth

0.067

The market value of Okeanis Eco Tankers is measured differently than its book value, which is the value of Okeanis that is recorded on the company's balance sheet. Investors also form their own opinion of Okeanis Eco's value that differs from its market value or its book value, called intrinsic value, which is Okeanis Eco's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Okeanis Eco's market value can be influenced by many factors that don't directly affect Okeanis Eco's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Okeanis Eco's value and its price as these two are different measures arrived at by different means. Investors typically determine if Okeanis Eco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Okeanis Eco's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Okeanis Free Cash Flow Yield vs Ptb Ratio Analysis

Free Cash Flow Yield vs Ptb Ratio

Free Cash Flow Yield vs Ptb Ratio Correlation Analysis

Correlation Coefficient

Free Cash Flow Yield

Ptb Ratio

Okeanis Eco fundamental ratios Correlations

Okeanis Eco Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Okeanis Eco fundamental ratios Accounts

Pair Trading with Okeanis Eco

Moving together with Okeanis Stock

Moving against Okeanis Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Short Long Term Debt Total	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Short Long Term Debt Total
Net Debt	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 1.0	Short Long Term Debt Total
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Short Long Term Debt Total

Other Stockholder Equity	- 0.98	Retained Earnings
Other Liab	- 0.9	Other Current Assets
Other Liab	- 0.89	Inventory
Other Stockholder Equity	- 0.86	Inventory
Other Liab	- 0.85	Total Current Assets
Other Liab	- 0.85	Cash And Short Term Investments