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International Seaways, Inc. (INSW)

International Seaways, Inc. (INSW)

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Cash Flow Overview

Change in Cash
$17,550K
Unit: Thousand (K) dollars
Positive Cash Flow Breakdown
    • Proceeds from maturities of shor...
    • Borrowings on nonrevolving credi...
    • Borrowings on revolving credit f...
    • Others
Negative Cash Flow Breakdown
    • Cash dividends paid
    • Investments in short-term time d...
    • (increase)/decrease in voyage re...
    • Others
Cash Flow
2026-06-30
2026-03-31
2025-12-31
2025-09-30
Net income
294,925
286,143
127,504
70,546
Depreciation and amortization
39,689
40,567
41,362
41,170
Amortization of debt discount and other deferred financing costs
1,417
1,261
1,282
1,014
Deferred financing costs write-off
-
-
1,761
-
Stock compensation
1,566
1,461
2,889
2,020
Other - net
-121
529
155
240
Gain on disposal of vessels and other assets, net
-43
88,171
7,629
13,658
Loss on extinguishment of debt
-
-
-315
-
Holding gain on previously held equity interest
0
3,919
-
-
Payments for drydocking
19,535
13,850
21,030
19,730
Insurance claims proceeds related to vessel operations
435
95
926
1,043
(increase)/decrease in voyage receivables
64,191
64,580
22,870
4,807
Decrease in deferred revenue
186
-4,539
4,692
-202
Purchase of insurance contract in connection with settlement of pension plan obligations
-
-
-
0
Net change in other receivables, inventories, prepaid expenses and other current assets, accounts payable, accrued expenses and other current and long-term liabilities
13,023
-12,878
16,954
1,169
Net cash provided by operating activities
267,679
141,061
146,001
78,325
Expenditures for vessels, vessel improvements and vessels under construction
52,218
70,655
151,934
87,668
Security deposits returned for vessel exchange transactions
0
0
0
0
Proceeds from disposal of vessels and other property
-455
222,833
36,356
66,736
Expenditures for other property
67
319
814
74
Cash consideration paid for the purchase of equity method investment, net of cash acquired
0
4,493
-
-
Investments in short-term time deposits
110,000
225,000
50,000
0
Proceeds from maturities of short-term time deposits
95,000
40,000
-
0
Pool working capital deposits
0
-
-400
0
Net cash (used in)/provided by investing activities
-67,740
-37,634
-166,792
-21,006
Borrowings on nonrevolving credit facility debt
42,605
42,604
40,719
290,775
Repayments of nonrevolving credit facility debt
1,018
1,019
-
-
Borrowings on revolving credit facilities
30,500
0
60,000
0
Repayments on revolving credit facilities
22,000
0
60,000
27,381
Repayments of debt
-
-
-
0
Premium and fees on extinguishment of debt
-
-
315
-
Payments on sale and leaseback financing
5,362
5,293
266,123
12,742
Payments of deferred financing costs
1,795
1,563
5,630
5,949
Repurchases of common stock
-
-
-
0
Cash dividends paid
225,319
106,435
42,484
38,012
Cash paid to tax authority upon vesting or exercise of stock-based compensation
0
6,796
1,023
248
Net cash used in financing activities
-182,389
-78,502
-274,856
206,443
Net increase/(decrease) in cash and cash equivalents
17,550
24,925
-295,647
263,762
Cash and cash equivalents at beginning of year
141,847
116,922
412,569
157,506
Cash and cash equivalents at end of period
159,397
141,847
116,922
412,569
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

Show the time plot by selecting a row from the table.

Cash Flow

Net income$294,925K (165.19%↑ Y/Y)Depreciation andamortization$39,689K (-51.03%↓ Y/Y)Net change in otherreceivables, inventories,...$13,023K (270.57%↑ Y/Y)Stock compensation$1,566K (-58.68%↓ Y/Y)Amortization of debt discountand other deferred...$1,417K (-27.92%↓ Y/Y)Insurance claims proceedsrelated to vessel...$435K (-50.06%↓ Y/Y)Decrease in deferredrevenue$186K (102.93%↑ Y/Y)Other - net-$121K (41.26%↑ Y/Y)Gain on disposal ofvessels and other...-$43K (-100.20%↓ Y/Y)Net cash provided byoperating activities$267,679K (71.89%↑ Y/Y)Canceled cashflow$83,726K Netincrease/(decrease) in cash and cash...$17,550K (301.75%↑ Y/Y)Canceled cashflow$250,129K (increase)/decrease in voyagereceivables$64,191K (281.79%↑ Y/Y)Payments for drydocking$19,535K (-55.04%↓ Y/Y)Borrowings on nonrevolvingcredit facility debt$42,605K Borrowings on revolvingcredit facilities$30,500K (52.50%↑ Y/Y)Proceeds from maturitiesof short-term time...$95,000K Net cash used infinancing activities-$182,389K (13.52%↑ Y/Y)Net cash (usedin)/provided by investing...-$67,740K (-245.72%↓ Y/Y)Canceled cashflow$73,105K Canceled cashflow$95,000K Cash dividends paid$225,319K (251.43%↑ Y/Y)Investments in short-termtime deposits$110,000K Repayments on revolvingcredit facilities$22,000K (-83.97%↓ Y/Y)Payments on sale andleaseback financing$5,362K (-78.24%↓ Y/Y)Payments of deferredfinancing costs$1,795K (1963.22%↑ Y/Y)Repayments of nonrevolvingcredit facility debt$1,018K Expenditures for vessels,vessel improvements...$52,218K (-48.24%↓ Y/Y)Proceeds from disposal ofvessels and other...-$455K (-100.32%↓ Y/Y)Expenditures for otherproperty$67K (-87.88%↓ Y/Y)