Rubico Inc. Common Stock (RUBI) - Net Assets
Based on the latest financial reports, Rubico Inc. Common Stock (RUBI) has net assets worth $45.80 Million USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($134.07 Million) and total liabilities ($88.27 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. Check Rubico Inc. Common Stock tangible book value ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $45.80 Million |
| % of Total Assets | 34.16% |
| Annual Growth Rate | -8.97% |
| 5-Year Change | 922.28% |
| 10-Year Change | -83.53% |
| Growth Volatility | 342.21 |
Rubico Inc. Common Stock - Net Assets Trend (2014–2025)
This chart illustrates how Rubico Inc. Common Stock's net assets have evolved over time, based on quarterly financial data. See Rubico Inc. Common Stock defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Rubico Inc. Common Stock (2014–2025)
The table below shows the annual net assets of Rubico Inc. Common Stock from 2014 to 2025. For live valuation and market cap data, see market cap of Rubico Inc. Common Stock.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $45.80 Million | +34.25% |
| 2024-12-31 | $34.12 Million | -4.53% |
| 2023-12-31 | $35.73 Million | -34.67% |
| 2022-12-31 | $54.70 Million | +1120.96% |
| 2021-12-31 | $4.48 Million | -96.00% |
| 2019-12-31 | $111.94 Million | -5.15% |
| 2018-12-31 | $118.01 Million | -28.31% |
| 2017-12-31 | $164.61 Million | -45.04% |
| 2016-12-31 | $299.51 Million | +7.70% |
| 2015-12-31 | $278.10 Million | +116.00% |
| 2014-12-31 | $128.75 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Rubico Inc. Common Stock'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 11247300000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $31.76 Million | 69.35% |
| Common Stock | $4.00K | 0.01% |
| Other Components | $14.03 Million | 30.64% |
| Total Equity | $45.80 Million | 100.00% |
Rubico Inc. Common Stock Competitors by Market Cap
The table below lists competitors of Rubico Inc. Common Stock ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MT Educare Limited
NSE:MTEDUCARE
|
$1.54 Million |
|
Mercia Technologies PLC
LSE:MERC
|
$1.54 Million |
|
22nd Century Group Inc
NASDAQ:XXII
|
$1.54 Million |
|
Montanaro UK Smaller Companies Investment Trust PLC
LSE:MTU
|
$1.54 Million |
|
Springfield Properties Plc
LSE:SPR
|
$1.53 Million |
|
CanadaBis Capital Inc
V:CANB
|
$1.53 Million |
|
GEMINA LABS LTD
F:8I7
|
$1.53 Million |
|
Oakridge International Ltd
AU:OAK
|
$1.53 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Rubico Inc. Common Stock's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 34,115,000 to 45,798,000, a change of 11,683,000 (34.2%).
- Net income of 2,645,000 contributed positively to equity growth.
- New share issuances of 13,664,000 increased equity.
- Other factors decreased equity by 4,626,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $2.65 Million | +5.78% |
| Share Issuances | $13.66 Million | +29.84% |
| Other Changes | $-4.63 Million | -10.1% |
| Total Change | $- | 34.25% |
Book Value vs Market Value Analysis
This analysis compares Rubico Inc. Common Stock'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: 0.00x
- 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 0.11x to 0.00x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | $4.56 | $0.50 | x |
| 2015-12-31 | $6.25 | $0.50 | x |
| 2016-12-31 | $6.42 | $0.50 | x |
| 2017-12-31 | $3.37 | $0.50 | x |
| 2018-12-31 | $2.35 | $0.50 | x |
| 2019-12-31 | $2.13 | $0.50 | x |
| 2021-12-31 | $878.09 | $0.50 | x |
| 2022-12-31 | $10721.09 | $0.50 | x |
| 2023-12-31 | $7003.72 | $0.50 | x |
| 2024-12-31 | $6686.59 | $0.50 | x |
| 2025-12-31 | $8976.48 | $0.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Rubico Inc. Common Stock 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): 5.78%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.24%
- • Asset Turnover: 0.18x
- • Equity Multiplier: 2.93x
- Recent ROE (5.78%) is above the historical average (4.19%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -14.50% | -14.90% | 0.42x | 2.30x | $-31.55 Million |
| 2015 | 0.15% | 0.17% | 0.46x | 1.93x | $-27.39 Million |
| 2016 | -6.03% | -6.49% | 0.54x | 1.74x | $-48.00 Million |
| 2017 | -94.03% | -99.51% | 0.41x | 2.33x | $-171.24 Million |
| 2018 | -52.39% | -49.58% | 0.35x | 3.05x | $-73.62 Million |
| 2019 | -22.76% | -16.29% | 0.40x | 3.53x | $-36.67 Million |
| 2021 | 174.40% | 45.43% | 0.27x | 14.32x | $7.37 Million |
| 2022 | 19.49% | 43.02% | 0.20x | 2.24x | $5.19 Million |
| 2023 | 18.56% | 27.09% | 0.21x | 3.32x | $3.06 Million |
| 2024 | 17.42% | 24.56% | 0.21x | 3.32x | $2.53 Million |
| 2025 | 5.78% | 11.24% | 0.18x | 2.93x | $-1.93 Million |
Industry Comparison
This section compares Rubico Inc. Common Stock's net assets metrics with peer companies in the Marine Shipping industry.
Industry Context
- Industry: Marine Shipping
- Average net assets among peers: $407,050,032
- Average return on equity (ROE) among peers: 10.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Rubico Inc. Common Stock (RUBI) | $45.80 Million | -14.50% | 1.93x | $1.53 Million |
| Ardmore Shpng (ASC) | $574.44 Million | 20.33% | 0.20x | $677.32 Million |
| Capital Clean Energy Carriers Corp. (CCEC) | $193.93 Million | 19.22% | 3.01x | $1.23 Billion |
| C3is Inc. (CISS) | $95.10 Million | 11.01% | 0.04x | $1.20 Million |
| Costamare Bulkers Holdings Limited (CMDB) | $781.77 Million | -5.39% | 0.40x | $402.36 Million |
| Costamare Inc (CMRE) | $802.64 Million | 14.34% | 2.38x | $1.85 Billion |
| Castor Maritime Inc (CTRM) | $8.49 Million | 10.34% | 0.03x | $19.42 Million |
| Danaos Corporation (DAC) | $565.85 Million | 17.86% | 1.29x | $2.31 Billion |
| Diana Shipping Inc. (DSX) | $627.68 Million | 10.73% | 0.89x | $206.08 Million |
| Okeanis Eco Tankers Corp. (ECO) | $358.29 Million | -0.25% | 1.66x | $1.68 Billion |
| EuroDry Ltd (EDRY) | $62.30 Million | 1.80% | 1.05x | $64.11 Million |
About Rubico Inc. Common Stock
Rubico Inc., together with its subsidiaries, engages in the tanker operations business in Greece and internationally. It owns and operates tanker vessels for the transportation of crude oil. The company was formerly known as Central Tactical Acquisitions Inc. and changed its name to Rubico Inc. in March 2023. Rubico Inc. was incorporated in 2022 and is based in Athens, Greece.