Performance Shipping (PSHG) Balance Sheet: Assets & Liabilities

Performance Shipping (PSHG) Balance Sheet

As of Dec 31, 2025 (end of fiscal 2025), Performance Shipping reported total assets of $559.85M and total liabilities of $236.42M. Shareholders' equity was $323.43M, up 17.5% from $275.24M a year earlier. Total debt stood at $222.33M against $48.17M in cash and short-term investments, a net debt position of $174.16M. That puts debt-to-equity at 0.69, compared with 0.17 a year earlier.

Performance Shipping Balance Sheet Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for Performance Shipping Inc. (PSHG) - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Current Assets
Cash and Cash Equivalents	48.17	70.31	67.27	38.73	9.57	21.38	26.36	10.49	6.44
Cash & Short-Term Investments	48.17	70.31	67.27	38.73	9.57	21.38	26.36	10.49	6.44
Accounts Receivable	6.29	5.81	8.28	9.11	3.79	3.50	3.99	0.11	0.43
Inventory	0.95	0.55	2.20	3.04	4.29	1.98	2.85	0.63	1.67
Other Current Assets	2.60	1.98	2.16	2.59	1.67	1.57	4.19	0.74	19.46
Total Current Assets	58.01	78.65	79.91	53.46	19.43	28.43	37.38	10.49	24.82
Non-Current Assets
Property, Plant & Equipment (Net)	498.54	248.13	213.55	236.84	123.27	129.24	83.86	86.87	202.22
Long-Term Investments	0.00	1.00	1.00	1.05	0.00	0.00	0.00	0.00	0.00
Other Non-Current Assets	1.09	1.23	1.80	1.62	0.82	0.18	9.33	2.73	5.27
Total Non-Current Assets	501.84	251.74	216.35	239.52	125.50	129.43	93.19	89.59	207.49
Total Assets	559.85	330.39	296.27	292.98	144.92	157.85	130.57	100.09	232.31
Current Liabilities
Accounts Payable	3.41	2.21	4.63	4.58	5.74	1.47	1.32	1.19	1.72
Short-Term Debt	12.39	7.44	7.49	16.82	7.79	7.86	4.35	0.00	96.95
Current Portion of Long-Term Debt	12.39	7.44	7.43	16.75	7.79	7.77	-	-	-
Accrued Liabilities	9.23	2.82	2.98	2.89	1.34	1.17	-	-	-
Deferred Revenue	0.00	0.93	0.00	1.38	1.47	1.17	0.00	0.31	0.44
Other Current Liabilities	1.08	0.79	3.22	3.32	0.12	0.32	2.39	1.36	2.11
Total Current Liabilities	26.19	14.86	15.34	26.10	15.19	10.82	8.07	2.86	96.95
Non-Current Liabilities
Long-Term Debt	209.94	40.02	47.49	111.02	42.11	49.99	28.12	0.00	0.00
Other Non-Current Liabilities	0.26	0.25	0.25	0.16	0.26	0.25	0.15	1.65	4.58
Total Non-Current Liabilities	210.23	40.29	47.74	111.18	42.39	50.24	36.33	4.51	4.58
Total Liabilities	236.42	55.15	63.08	137.27	57.58	61.06	36.33	4.51	101.54
Stockholders' Equity
Common Stock	0.12	0.12	0.12	0.04	0.00	0.05	0.49	0.14	0.04
Retained Earnings	-211.08	-259.22	-301.12	-358.04	-370.14	-360.43	-365.21	-333.15	-280.26
Accumulated Other Comprehensive Income	0.10	0.05	0.05	0.07	0.00	0.01	0.07	0.06	0.01
Additional Paid-in Capital	534.27	534.27	534.11	513.62	457.49	457.17	459.33	428.53	410.98
Shares Outstanding	12.43	12.43	12.28	4.19	0.34	-	-	-	-
Total Stockholders' Equity	323.43	275.24	233.18	155.71	87.35	96.80	94.24	95.58	130.77
Total Liabilities & Equity	559.85	330.39	296.27	292.98	144.92	157.85	130.57	100.09	232.31

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Performance Shipping Balance Sheet

How much debt does Performance Shipping have?

Performance Shipping had total debt of $222.33M as of Dec 31, 2025, against $48.17M in cash and short-term investments. Its debt-to-equity ratio was 0.69. Total debt was $47.46M a year earlier.

What are Performance Shipping's total assets?

Performance Shipping reported total assets of $559.85M as of Dec 31, 2025, up 69.5% from $330.39M a year earlier. Total liabilities were $236.42M.

What is Performance Shipping's shareholders' equity?

Performance Shipping's shareholders' equity was $323.43M as of Dec 31, 2025, or about $26.02 of book value per share.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry. Full definition