For the quarter ending 2025-09-30, INSW had $263,762K increase in cash & cash equivalents over the period.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Total adjusted income/(loss) from vessel operations of all segments | 78,349 | - |
| General and administrative expenses | 62,568 | - |
| Other operating expenses | 1,954 | - |
| Third-party debt modification fees | 0 | - |
| Gain on disposal of vessels and other assets, net | 13,658 | - |
| Consolidated loss from vessel operations | 78,683 | - |
| Other income | 1,486 | - |
| Interest expense | 52,049 | - |
| Net income | 70,546 | 111,211 |
| Depreciation and amortization | 41,170 | 81,054 |
| Amortization of debt discount and other deferred financing costs | 1,014 | 1,966 |
| Stock compensation | 2,020 | 3,790 |
| Other - net | 240 | -206 |
| Gain on disposal of vessels and other assets, net | 13,658 | 21,250 |
| Payments for drydocking | 19,730 | 43,451 |
| Insurance claims proceeds related to vessel operations | 1,043 | 871 |
| Decrease in receivables | 4,807 | -35,311 |
| Decrease in deferred revenue | -202 | -6,347 |
| Purchase of insurance contract in connection with settlement of pension plan obligations | 0 | - |
| Net change in inventories, prepaid expenses and other current assets and accounts payable, accrued expense, and other current and long-term liabilities | 1,169 | -7,635 |
| Net cash provided by operating activities | 78,325 | 155,726 |
| Expenditures for vessels, vessel improvements and vessels under construction, including deposits for acquisitions | 87,668 | 100,878 |
| Security deposits returned for vessel exchange transactions | 0 | -5,000 |
| Proceeds from disposal of vessels and other property, net | 66,736 | 143,167 |
| Expenditures for other property | 74 | 553 |
| Investments in short term time deposits | 0 | 0 |
| Proceeds from maturities of short term time deposits | 0 | 0 |
| Pool working capital deposits | 0 | -250 |
| Net cash provided by/(used in) investing activities | -21,006 | 46,486 |
| Borrowings on nonrevolving credit facility debt | 290,775 | - |
| Borrowings on revolving credit facilities | 0 | 20,000 |
| Repayments on revolving credit facilities | 27,381 | 137,200 |
| Repayments of debt | 0 | 0 |
| Payments on sale and leaseback financing and finance lease | 12,742 | 24,639 |
| Payments of deferred financing costs | 5,949 | 87 |
| Repurchases of common stock | 0 | - |
| Cash dividends paid | 38,012 | 64,115 |
| Cash paid to tax authority upon vesting or exercise of stock-based compensation | 248 | 4,870 |
| Net cash used in financing activities | 206,443 | -210,911 |
| Net (decrease)/increase in cash and cash equivalents | 263,762 | -8,699 |
| Cash and cash equivalents at beginning of period | 157,506 | - |
| Cash and cash equivalents at end of period | 412,569 | - |
International Seaways, Inc. (INSW)
International Seaways, Inc. (INSW)