Scorpio Tankers Inc
Scorpio Tankers Inc., together with its subsidiaries, engages in the seaborne transportation of crude oil and refined petroleum products worldwide. As of March 20, 2025, its fleet consisted of 99 owned and leased financed tankers, including 38 LR2, 47 MR, and 14 Handymax. Scorpio Tankers Inc. was incorporated in 2009 and is headquartered in Monaco.
Scorpio Tankers Inc (STNG) - Net Assets
Latest net assets as of September 2025: $3.07 Billion USD
Based on the latest financial reports, Scorpio Tankers Inc (STNG) has net assets worth $3.07 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($4.03 Billion) and total liabilities ($955.07 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 | $3.07 Billion |
| % of Total Assets | 76.3% |
| Annual Growth Rate | 31.6% |
| 5-Year Change | 38.73% |
| 10-Year Change | 102.7% |
| Growth Volatility | 100.66 |
Scorpio Tankers Inc - Net Assets Trend (2007–2024)
This chart illustrates how Scorpio Tankers Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Scorpio Tankers Inc (2007–2024)
The table below shows the annual net assets of Scorpio Tankers Inc from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $2.87 Billion | +12.22% |
| 2023-12-31 | $2.55 Billion | +1.87% |
| 2022-12-31 | $2.51 Billion | +36.47% |
| 2021-12-31 | $1.84 Billion | -11.08% |
| 2020-12-31 | $2.07 Billion | +4.49% |
| 2019-12-31 | $1.98 Billion | +7.50% |
| 2018-12-31 | $1.84 Billion | +9.12% |
| 2017-12-31 | $1.69 Billion | +28.14% |
| 2016-12-31 | $1.32 Billion | -6.98% |
| 2015-12-31 | $1.41 Billion | +21.59% |
| 2014-12-31 | $1.16 Billion | -19.84% |
| 2013-12-31 | $1.45 Billion | +249.75% |
| 2012-12-31 | $414.79 Million | +44.60% |
| 2011-12-31 | $286.85 Million | +8.34% |
| 2010-12-31 | $264.78 Million | +331.75% |
| 2009-12-31 | $61.33 Million | +202.12% |
| 2008-12-31 | $20.30 Million | -24.53% |
| 2007-12-31 | $26.90 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Scorpio Tankers Inc'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 4267.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.17 Billion | 40.91% |
| Common Stock | $760.00K | 0.03% |
| Other Components | $1.69 Billion | 59.06% |
| Total Equity | $2.87 Billion | 100.00% |
Scorpio Tankers Inc Competitors by Market Cap
The table below lists competitors of Scorpio Tankers Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ICICI Prudential Life Insurance Company Limited
NSE:ICICIPRULI
|
$2.49 Billion |
|
Inesa Intelligent Tech Inc A
SHG:600602
|
$2.49 Billion |
|
Mr Price Group Ltd
PINK:MRPLY
|
$2.49 Billion |
|
Osaic Financial Services, Inc.
PINK:LTSAP
|
$2.49 Billion |
|
Suzhou Everbright Photonics Co. Ltd. A
SHG:688048
|
$2.49 Billion |
|
Kansai Paint Co. Ltd
PINK:KSANF
|
$2.49 Billion |
|
Jinduicheng Molybdenum Co Ltd
SHG:601958
|
$2.49 Billion |
|
EDP Renovaveis
PINK:EDRVF
|
$2.48 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Scorpio Tankers Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,553,706,000 to 2,865,881,000, a change of 312,175,000 (12.2%).
- Net income of 668,774,000 contributed positively to equity growth.
- Dividend payments of 83,515,000 reduced retained earnings.
- Share repurchases of 335,593,000 reduced equity.
- Other comprehensive income decreased equity by 1,966,574,000.
- Other factors increased equity by 2,029,083,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $668.77 Million | +23.34% |
| Dividends Paid | $83.52 Million | -2.91% |
| Share Repurchases | $335.59 Million | -11.71% |
| Other Comprehensive Income | $-1.97 Billion | -68.62% |
| Other Changes | $2.03 Billion | +70.8% |
| Total Change | $- | 12.22% |
Book Value vs Market Value Analysis
This analysis compares Scorpio Tankers Inc'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: 1.18x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 1.38x to 1.18x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | $48.12 | $66.30 | x |
| 2008-12-31 | $36.32 | $66.30 | x |
| 2009-12-31 | $109.73 | $66.30 | x |
| 2010-12-31 | $169.72 | $66.30 | x |
| 2011-12-31 | $99.93 | $66.30 | x |
| 2012-12-31 | $100.16 | $66.30 | x |
| 2013-12-31 | $97.80 | $66.30 | x |
| 2014-12-31 | $66.97 | $66.30 | x |
| 2015-12-31 | $70.79 | $66.30 | x |
| 2016-12-31 | $81.63 | $66.30 | x |
| 2017-12-31 | $78.26 | $66.30 | x |
| 2018-12-31 | $52.81 | $66.30 | x |
| 2019-12-31 | $39.65 | $66.30 | x |
| 2020-12-31 | $36.63 | $66.30 | x |
| 2021-12-31 | $33.57 | $66.30 | x |
| 2022-12-31 | $39.47 | $66.30 | x |
| 2023-12-31 | $46.83 | $66.30 | x |
| 2024-12-31 | $56.33 | $66.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Scorpio Tankers Inc 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): 23.34%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 53.76%
- • Asset Turnover: 0.32x
- • Equity Multiplier: 1.34x
- Recent ROE (23.34%) is above the historical average (7.39%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 44.81% | 39.76% | 0.25x | 4.56x | $9.36 Million |
| 2008 | 60.03% | 31.03% | 0.34x | 5.77x | $10.16 Million |
| 2009 | 5.57% | 12.38% | 0.26x | 1.70x | $-2.71 Million |
| 2010 | -1.07% | -7.27% | 0.09x | 1.56x | $-29.30 Million |
| 2011 | -28.84% | -100.75% | 0.18x | 1.56x | $-111.41 Million |
| 2012 | -6.40% | -23.00% | 0.20x | 1.38x | $-68.02 Million |
| 2013 | 1.17% | 8.20% | 0.13x | 1.14x | $-128.06 Million |
| 2014 | 4.48% | 15.20% | 0.12x | 2.41x | $-64.19 Million |
| 2015 | 15.40% | 28.81% | 0.21x | 2.49x | $76.36 Million |
| 2016 | -1.89% | -4.76% | 0.16x | 2.46x | $-156.42 Million |
| 2017 | -9.39% | -30.86% | 0.11x | 2.67x | $-326.77 Million |
| 2018 | -10.34% | -32.49% | 0.12x | 2.60x | $-373.97 Million |
| 2019 | -2.45% | -6.88% | 0.14x | 2.61x | $-246.19 Million |
| 2020 | 4.56% | 10.28% | 0.18x | 2.50x | $-112.45 Million |
| 2021 | -12.76% | -43.35% | 0.11x | 2.73x | $-418.13 Million |
| 2022 | 25.42% | 40.77% | 0.34x | 1.82x | $386.57 Million |
| 2023 | 21.42% | 40.78% | 0.32x | 1.66x | $291.53 Million |
| 2024 | 23.34% | 53.76% | 0.32x | 1.34x | $382.19 Million |
Industry Comparison
This section compares Scorpio Tankers Inc's net assets metrics with peer companies in the Oil & Gas Midstream industry.
Industry Context
- Industry: Oil & Gas Midstream
- Average net assets among peers: $1,230,397,219
- Average return on equity (ROE) among peers: 2202.95%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Scorpio Tankers Inc (STNG) | $3.07 Billion | 44.81% | 0.31x | $2.49 Billion |
| Antero Midstream Partners LP (AM) | $142.86 Million | 0.00% | 0.21x | $7.58 Billion |
| AltaGas Ltd (ATGFF) | $2.83 Billion | 7.11% | 1.57x | $8.06 Billion |
| ATGPF (ATGPF) | $7.86 Billion | 8.56% | 1.98x | $4.11 Billion |
| Avance Gas Holding Ltd (AVACF) | $603.79 Million | 27.09% | 0.91x | $7.70K |
| CBL International Limited Ordinary Shares (BANL) | $12.11 Million | 30.42% | 1.11x | $3.17 Million |
| BP Prudhoe Bay Royalty Trust (BPT) | $863.00K | 22418.66% | 0.16x | $2.99 Million |
| Brooge Holdings Ltd (BROG) | $78.49 Million | 16.31% | 4.83x | $32.39 Million |
| Brooge Energy Limited (BROGW) | $56.77 Million | -85.14% | 7.56x | $5.67K |
| Willow Biosciences Inc (CANSF) | $1.10 Million | -405.25% | 0.17x | $2.85 Million |
| Cool Company Ltd (CLCO) | $715.51 Million | 11.75% | 1.88x | $145.96 Million |