Belships
Belships ASA owns and operates dry bulk ships worldwide. It operates through Belships and Lighthouse Navigation segments. The company operates a fleet of 38 modern Supra/Ultramax bulk carriers, including newbuildings. It also provides technical, crewing, port agency, and logistical services. The company was founded in 1918 and is headquartered in Oslo, Norway. As of March 7, 2025, Belships ASA wa… Read more
Belships - Asset Resilience Ratio
Belships (BELCO) has an Asset Resilience Ratio of 14.97% as of September 2023. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2016–2022)
This chart shows how Belships's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Belships's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Nkr138.93 Million | 14.97% |
| Short-term Investments | Nkr0.00 | 0% |
| Total Liquid Assets | Nkr138.93 Million | 14.97% |
Asset Resilience Insights
- Moderate Liquidity: Belships has 14.97% of assets in liquid form.
- While adequate for normal operations, this level may limit flexibility during economic stress.
- The company primarily holds liquidity in cash and equivalents rather than short-term investments.
Belships Industry Peers by Asset Resilience Ratio
Compare Belships's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Costamare Bulkers Holdings Limited
NYSE:CMDB |
Marine Shipping | 2.35% |
|
Shenzhen Yan Tian Port Holdings Co Ltd
SHE:000088 |
Marine Shipping | 16.90% |
|
Zhuhai Port Co Ltd
SHE:000507 |
Marine Shipping | 4.60% |
|
Chang Jiang Shipping Group Phoenix Co Ltd
SHE:000520 |
Marine Shipping | 0.03% |
|
Beibuwan Port Co Ltd
SHE:000582 |
Marine Shipping | 0.00% |
|
Eusu Holdings
KO:000700 |
Marine Shipping | 1.70% |
|
Xiamen Port Development Co Ltd
SHE:000905 |
Marine Shipping | 6.12% |
|
Nanjing Shenghang Shipping Co Ltd
SHE:001205 |
Marine Shipping | 0.48% |
Annual Asset Resilience Ratio for Belships (2016–2022)
The table below shows the annual Asset Resilience Ratio data for Belships.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2022-12-31 | 13.72% | Nkr137.23 Million | Nkr1.00 Billion | +0.55pp |
| 2021-12-31 | 13.16% | Nkr105.00 Million | Nkr797.63 Million | +5.89pp |
| 2020-12-31 | 7.28% | Nkr33.80 Million | Nkr464.48 Million | -3.85pp |
| 2019-12-31 | 11.13% | Nkr44.26 Million | Nkr397.64 Million | +0.26pp |
| 2018-12-31 | 10.87% | Nkr31.93 Million | Nkr293.61 Million | -3.49pp |
| 2017-12-31 | 14.36% | Nkr14.67 Million | Nkr102.13 Million | +9.90pp |
| 2016-12-31 | 4.46% | Nkr4.71 Million | Nkr105.61 Million | -- |