Global Ship Lease (GSL) Financials

Global Ship Lease Inc (GSL) is a leading provider of container vessels to the global charter market. The company owns and operates a fleet of container ships, which are used to transport a wide range of goods and commodities across the world's major trade routes. GSL's financial statements provide valuable insight into the company's performance and financial health. The income statement shows the company's revenue, expenses, and net income from stockholders. It gives investors an idea of how much money the company is making and where it is being spent. GSL's total revenue is an important indicator of the company's overall financial performance. It represents the total value of goods and services sold by the company during a given period. Gross profit, on the other hand, reflects the company's profitability after deducting the cost of goods sold. EBIT (earnings before interest and taxes) and EBITDA (earnings before interest, taxes, depreciation, and amortization) are also important measures of profitability. EBIT measures the company's operating income before accounting for interest and taxes, while EBITDA adds back non-cash expenses like depreciation and amortization. These metrics give investors a clearer picture of the company's profitability by removing the impact of interest, taxes, and non-cash expenses.

The balance sheet provides a snapshot of the company's financial position at a specific point in time. It lists the company's total assets, total liabilities, and stockholders' equity. Total assets represent the company's resources, including cash, investments, and property. Total liabilities represent the company's obligations, such as debt and accounts payable. Stockholders' equity represents the company's net assets, which is the residual interest in the assets after deducting liabilities. Cash equivalents are highly liquid assets that can be easily converted into cash. They are included in the balance sheet as part of the company's current assets. Net debt is the company's total debt minus its cash and cash equivalents. It measures the company's ability to meet its financial obligations. It is important for investors to assess a company's net debt to evaluate its financial stability. Finally, the cash flow statement provides information on how cash flows in and out of the company. It is divided into three categories: operating cash flow, investing cash flow, and financing cash flow. Operating cash flow represents cash generated from the company's core business activities. Investing cash flow represents cash used for investing in assets or acquiring other companies. Financing cash flow represents cash used for financing activities, such as borrowing or repaying debt, or issuing or repurchasing stock. Free cash flow is a measure of the company's ability to generate cash after deducting capital expenditures. It is an important indicator of the company's financial health and ability to reinvest in its business or return cash to shareholders. Overall, GSL's financials provide valuable information for investors to assess the company's performance and financial health.