Dry bulk shipping company DryShips (DRYS +0.00%) has just reported earnings, and while the company met or slightly exceeded analysts' estimates, there's a lot more going on just beneath the surface. In this video, Motley Fool industrials analyst Blake Bos takes a close look at the company's massive debt levels in comparison to its cash flow, and stresses how important the solvency ratio is when looking at this industry. He then warns that if you must invest in dry bulk shipping, DryShips would be a very dangerous way to do so.
DryShips Earnings Sliced and Diced: This Is Scary
By Blake Bos – Aug 13, 2013 at 5:31PM
NASDAQ: DRYS
DryShips
DryShips met earnings expectations, but just below the surface, this company is very sickly indeed.
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A home grown Kansan and largely self taught investor. I wouldn't classify myself by any particular investing style, just opportunistic. My dream investment would have a greater than 10% free cash flow return on enterprise value and be growing at above industry average rates. Some of my favorite industries to watch right now are: alternative energy, manufacturing, agriculture, infrastructure, and media content production companies. Follow me on any of the social media websites below for the most important 3D printing industry developments and other great stories.