Table 1. Descriptive statistics
Shipping industry |
| Mean | Median | Max. | Min. | Std. Dev. |
BV (mil-lion) | 831,000 | 569,000 | 3,000,000 | –171,000 | 846,000 |
E (mil-lion) | –35,500 | 11,700 | 786,000 | –1,910,000 | 381,000 |
EPS | –2,893.719 | 164.00 | 51,371.00 | –228,113.00 | 29,447.18 |
ROE | –0.217 | 0.093 | 12.098 | –26.613 | 3.158 |
ROS | 0.007 | 0.024 | 0.717 | –1.547 | 0.221 |
LEV | 3.835 | 3.054 | 68.164 | –198.559 | 24.427 |
Shipbuilding industry |
| Mean | Median | Max. | Min. | Std. Dev. |
BV (mil-lion) | 3,390,000 | 1,960,000 | 19,000,000 | 120,000 | 4,480,000 |
E (mil-lion) | 220,000 | 64,600 | 4,560,000 | –3,310,000 | 957,000 |
EPS | 4,031.325 | 718.500 | 75,808.00 | –32,296.00 | 14,992.21 |
ROE | –0.023 | 0.108 | 0.386 | –7.567 | 0.878 |
ROS | 0.025 | 0.028 | 0.186 | –0.220 | 0.061 |
LEV | 3.463 | 2.876 | 42.658 | 1.212 | 4.665 |
BV, net assets; E, net income; EPS, earnings per share; ROE, E/BV; ROS, return on sales; LEV, total liability/net assets.