Tufton Oceanic Assets Ltd (SHIP) — Net Asset Quality Index
Tufton Oceanic Assets Ltd (SHIP) has a Net Asset Quality Index of 97.5% as of December 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $381.04 Million minus total liabilities of $9.36 Million yields net assets of $371.68 Million. A higher index indicates a stronger, lower-leverage balance sheet. Check Tufton Oceanic Assets Ltd earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.
Quality Index
Net Assets
Total Assets
Total Liabilities
Tufton Oceanic Assets Ltd Net Asset Quality Index Over Time (2018–2025)
This chart shows how Tufton Oceanic Assets Ltd's Net Asset Quality Index has evolved across 8 annual periods from 2018 to 2025. As of December 2025, the index stands at 97.5%, representing net assets of $371.68 Million against total assets of $381.04 Million USD. See SHIP total equity for net asset value and shareholders' equity analysis.
Annual Net Asset Quality Index for Tufton Oceanic Assets Ltd (2018–2025)
The table below presents the year-by-year Net Asset Quality Index for Tufton Oceanic Assets Ltd from 2018 to 2025, covering 8 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For live market cap and overall valuation, see Tufton Oceanic Assets Ltd market cap and net worth.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 99.7% | $352.01 Million | $353.04 Million | $1.04 Million | ▼ 0.0 pp |
| 2024 | 99.7% | $451.06 Million | $452.26 Million | $1.21 Million | ▲ +0.0 pp |
| 2023 | 99.7% | $412.77 Million | $413.92 Million | $1.14 Million | ▲ +0.8 pp |
| 2022 | 98.9% | $447.54 Million | $452.64 Million | $5.10 Million | ▼ -0.8 pp |
| 2021 | 99.7% | $312.65 Million | $313.52 Million | $872.42K | ▼ 0.0 pp |
| 2020 | 99.7% | $237.67 Million | $238.30 Million | $633.42K | ▲ +0.0 pp |
| 2019 | 99.7% | $225.84 Million | $226.53 Million | $687.78K | ▼ -0.1 pp |
| 2018 | 99.8% | $92.46 Million | $92.69 Million | $224.35K | — |