Performance Shipping Inc (PSHG) - Total Assets
Based on the latest financial reports, Performance Shipping Inc (PSHG) holds total assets worth $554.31 Million USD as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Check Performance Shipping Inc total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.
Performance Shipping Inc - Total Assets Trend (2010–2024)
This chart illustrates how Performance Shipping Inc's total assets have evolved over time, based on quarterly financial data. Check PSHG cash flow quality score to evaluate the quality of earnings relative to operating cash generation.
Performance Shipping Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Performance Shipping Inc's total assets of $554.31 Million consist of 23.8% current assets and 76.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 21.3% |
| Accounts Receivable | $5.81 Million | 1.8% |
| Inventory | $549.00K | 0.2% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2010–2024)
This chart illustrates how Performance Shipping Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see market cap of Performance Shipping Inc.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Performance Shipping Inc's current assets represent 23.8% of total assets in 2024, an increase from 11.8% in 2010.
- Cash Position: Cash and equivalents constituted 21.3% of total assets in 2024, up from 10.5% in 2010.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2010.
- Asset Diversification: The largest asset category is accounts receivable at 1.8% of total assets.
Performance Shipping Inc Competitors by Total Assets
Key competitors of Performance Shipping Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Vapores
SN:VAPORES
|
Chile | CL$7.20 Billion |
|
Wisdom Marine Lines Co Ltd
TW:2637
|
Taiwan | NT$2.59 Billion |
|
Nanjing Port Co Ltd
SHE:002040
|
China | CN¥5.38 Billion |
|
Shang Hai Ya Tong Co Ltd
SHG:600692
|
China | CN¥4.77 Billion |
|
Batulicin Nusantara Maritim Tbk PT
JK:BESS
|
Indonesia | Rp714.01 Billion |
|
2020 Bulkers Ltd.
F:0FF
|
Germany | €270.20 Million |
|
MERCANTILE PORTS+LOGI.LTD
F:9KS0
|
Germany | €111.17 Million |
|
Westshore Terminals Investment Corp
TO:WTE
|
Canada | CA$2.59 Billion |
Performance Shipping Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 7.40 | 5.61 | 10.70 |
| Quick Ratio | 7.35 | 5.56 | 10.70 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $88.41 Million | $55.92 Million | $29.06 Million |
Performance Shipping Inc - Advanced Valuation Insights
This section examines the relationship between Performance Shipping Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.08 |
| Latest Market Cap to Assets Ratio | 0.06 |
| Asset Growth Rate (YoY) | 11.5% |
| Total Assets | $330.39 Million |
| Market Capitalization | $20.95 Million USD |
Valuation Analysis
Below Book Valuation: The market values Performance Shipping Inc's assets below their book value (0.06x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Performance Shipping Inc's assets grew by 11.5% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Performance Shipping Inc (2010–2024)
The table below shows the annual total assets of Performance Shipping Inc from 2010 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $330.39 Million | +11.52% |
| 2023-12-31 | $296.27 Million | +1.12% |
| 2022-12-31 | $292.98 Million | +102.16% |
| 2021-12-31 | $144.92 Million | -8.19% |
| 2020-12-31 | $157.85 Million | +20.90% |
| 2019-12-31 | $130.57 Million | +30.46% |
| 2018-12-31 | $100.09 Million | -56.92% |
| 2017-12-31 | $232.31 Million | -12.84% |
| 2016-12-31 | $266.53 Million | -38.83% |
| 2015-12-31 | $435.72 Million | +6.47% |
| 2014-12-31 | $409.26 Million | +29.22% |
| 2013-12-31 | $316.71 Million | -6.03% |
| 2012-12-31 | $337.05 Million | +60.49% |
| 2011-12-31 | $210.01 Million | +99.35% |
| 2010-12-31 | $105.35 Million | -- |
About Performance Shipping Inc
Performance Shipping Inc. provides shipping transportation services through its tanker vessels worldwide. As of December 31, 2024, it operated through a fleet of six Aframax tanker vessels with a combined carrying capacity of 630,519 DWT. The company was incorporated in 2010 and is based in Athens, Greece.