American Shipping Company ASA

OTCQX:ASCJF USA Marine Shipping
Market Cap
$195.47 Million
Market Cap Rank
#27754 Global
#9280 in USA
Share Price
$2.72
Change (1 day)
+0.00%
52-Week Range
$2.72 - $2.72
All Time High
$3.14
About

AMSC ASA does not have significant operations. Previously, the company invested in maritime assets and companies in the United States. The company was formerly known as American Shipping Company ASA and changed its name to AMSC ASA in October 2022. AMSC ASA was founded in 2005 and is headquartered in Lysaker, Norway.

American Shipping Company ASA - Asset Resilience Ratio

Latest as of December 2024: 8.90%

American Shipping Company ASA (ASCJF) has an Asset Resilience Ratio of 8.90% as of December 2024. 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
$196.70 Million
Cash + Short-term Investments
Total Assets
$2.21 Billion
All company assets
Resilience Assessment
Low
Financial Resilience Level

Asset Resilience Ratio Trend (2015–2024)

This chart shows how American Shipping Company ASA's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.

Liquid Assets Composition Over Time

This chart breaks down American Shipping Company ASA'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 $0.00 0%
Short-term Investments $196.70 Million 8.9%
Total Liquid Assets $196.70 Million 8.90%

Asset Resilience Insights

  • Limited Liquidity: American Shipping Company ASA maintains only 8.90% of assets in liquid form.
  • This low level may indicate efficient asset utilization but could pose risks during economic downturns.
  • The company has significant short-term investments, indicating active treasury management.

American Shipping Company ASA Industry Peers by Asset Resilience Ratio

Compare American Shipping Company ASA'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 American Shipping Company ASA (2015–2024)

The table below shows the annual Asset Resilience Ratio data for American Shipping Company ASA.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2024-12-31 8.90% $196.70 Million $2.21 Billion --
2018-12-31 0.00% $0.00 $811.34 Million --
2017-12-31 0.00% $0.00 $847.13 Million --
2016-12-31 0.00% $0.00 $889.39 Million --
2015-12-31 0.00% $0.00 $904.96 Million --
pp = percentage points