Rates are down, operating costs can’t go any lower, current capital obligations are being tweaked every way possible and cash is being counted like a stressed out heart beat. Adding to the pressure, a tidal wave of capital expenditures looms on the near horizon.
We have taken a close look at a slice of the publicly traded dry bulk community and examined the future reported Capital Expenditure position of individual companies, their market caps and the relationship between those market caps and Capex obligations. Perhaps the story is familiar, but the detail is most interesting.
A few
This is only an excerpt of Food for Thought – Mkt Cap/Capex
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