Tufton Oceanic Assets Ltd
Tufton Oceanic Assets Ltd operates in various business sectors.
Tufton Oceanic Assets Ltd (SHIP) - Net Assets
Latest net assets as of June 2025: $352.01 Million USD
Based on the latest financial reports, Tufton Oceanic Assets Ltd (SHIP) has net assets worth $352.01 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($353.04 Million) and total liabilities ($1.04 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $352.01 Million |
| % of Total Assets | 99.71% |
| Annual Growth Rate | 21.04% |
| 5-Year Change | 12.59% |
| 10-Year Change | N/A |
| Growth Volatility | 51.26 |
Tufton Oceanic Assets Ltd - Net Assets Trend (2018–2025)
This chart illustrates how Tufton Oceanic Assets Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Tufton Oceanic Assets Ltd (2018–2025)
The table below shows the annual net assets of Tufton Oceanic Assets Ltd from 2018 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | $352.01 Million | -21.96% |
| 2024-06-30 | $451.06 Million | +9.27% |
| 2023-06-30 | $412.77 Million | -7.77% |
| 2022-06-30 | $447.54 Million | +43.15% |
| 2021-06-30 | $312.65 Million | +31.55% |
| 2020-06-30 | $237.67 Million | +5.24% |
| 2019-06-30 | $225.84 Million | +144.25% |
| 2018-06-30 | $92.46 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tufton Oceanic Assets Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 2820.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $95.89 Million | 27.24% |
| Common Stock | $256.12 Million | 72.76% |
| Total Equity | $352.01 Million | 100.00% |
Tufton Oceanic Assets Ltd Competitors by Market Cap
The table below lists competitors of Tufton Oceanic Assets Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Three Valley Copper Corp
PINK:TVCCF
|
$11.09K |
|
3s Silicon Tech., Inc.
TWO:5297
|
$11.10K |
|
CORN11
SA:CORN11
|
$11.10K |
|
IMPRENDIROMA S.P.A.
F:Y37
|
$11.10K |
|
Southern Seed Corp
VN:SSC
|
$11.06K |
|
BDLL3F
SA:BDLL3F
|
$11.05K |
|
Solid State Plc
LSE:SOLI
|
$11.04K |
|
NBEST Prime VIII Inmuebles Socimi SA
MC:YINB8
|
$11.04K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tufton Oceanic Assets Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 451,055,672 to 352,005,300, a change of -99,050,372 (-22.0%).
- Net loss of 36,102,647 reduced equity.
- Dividend payments of 27,425,038 reduced retained earnings.
- Share repurchases of 35,522,687 reduced equity.
- Other comprehensive income increased equity by 6,120,902.
- Other factors decreased equity by 6,120,902.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-36.10 Million | -10.26% |
| Dividends Paid | $27.43 Million | -7.79% |
| Share Repurchases | $35.52 Million | -10.09% |
| Other Comprehensive Income | $6.12 Million | +1.74% |
| Other Changes | $-6.12 Million | -1.74% |
| Total Change | $- | -21.96% |
Book Value vs Market Value Analysis
This analysis compares Tufton Oceanic Assets Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.91x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.16x to 0.91x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-06-30 | $1.02 | $1.18 | x |
| 2019-06-30 | $1.64 | $1.18 | x |
| 2020-06-30 | $0.96 | $1.18 | x |
| 2021-06-30 | $1.21 | $1.18 | x |
| 2022-06-30 | $1.51 | $1.18 | x |
| 2023-06-30 | $1.34 | $1.18 | x |
| 2024-06-30 | $1.53 | $1.18 | x |
| 2025-06-30 | $1.30 | $1.18 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tufton Oceanic Assets Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -10.26%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -112.82%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 1.00x
- Recent ROE (-10.26%) is below the historical average (8.17%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 3.22% | 120.96% | 0.03x | 1.00x | $-6.27 Million |
| 2019 | 7.27% | 96.29% | 0.08x | 1.00x | $-6.16 Million |
| 2020 | -0.51% | 0.00% | 0.00x | 1.00x | $-24.98 Million |
| 2021 | 25.42% | 99.10% | 0.26x | 1.00x | $48.22 Million |
| 2022 | 23.98% | 99.21% | 0.24x | 1.01x | $62.55 Million |
| 2023 | -0.60% | 0.00% | 0.00x | 1.00x | $-43.75 Million |
| 2024 | 16.86% | 253.56% | 0.07x | 1.00x | $30.96 Million |
| 2025 | -10.26% | -112.82% | 0.09x | 1.00x | $-71.30 Million |
Industry Comparison
This section compares Tufton Oceanic Assets Ltd's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $395,694,700
- Average return on equity (ROE) among peers: -81.73%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tufton Oceanic Assets Ltd (SHIP) | $352.01 Million | 3.22% | 0.00x | $11.07K |
| 3I Infrastructure PLC (3IN) | $1.09 Billion | 8.57% | 0.18x | $396.99K |
| 450 PLC (450) | $1.30 Million | -791.13% | 5.03x | $1.71K |
| abrdn Asian Income Fund Limited (AAIF) | $431.48 Million | 11.10% | 0.09x | $315.37 |
| Abrdn Asia Focus PLC (AAS) | $464.40 Million | -2.37% | 0.15x | $434.78 |
| Albion Technology & General VCT PLC (AATG) | $34.46 Million | 4.41% | 0.01x | $78.71 |
| Aberdeen Diversified Income and Growth Trust PLC (ADIG) | $492.42 Million | 0.00% | 0.32x | $16.61 |
| Aquila Energy Efficiency Trust PLC (AEET) | $97.38 Million | -0.64% | 0.00x | $2.38K |
| Aquila European Renewables Income PLC (AERI) | $320.23 Million | -9.29% | 0.00x | $2.45K |
| Artemis UK Future Leaders plc (AFL) | $84.35 Million | -40.52% | 0.02x | $401.26 |
| AVI Global Trust PLC (AGT) | $938.94 Million | 2.59% | 0.12x | $2.83 Million |