Seanergy Maritime Holdings Corp
Seanergy Maritime Holdings Corp., a shipping company, engages in the seaborne transportation of dry bulk commodities worldwide. It operates 18 Capesize and 2 Newcastlemax dry bulk vessels with a cargo-carrying capacity of approximately 3,633,861 deadweight tons. The company was formerly known as Seanergy Merger Corp. and changed its name to Seanergy Maritime Holdings Corp. in July 2008. Seanergy … Read more
Seanergy Maritime Holdings Corp (SHIP) - Total Assets
Latest total assets as of September 2025: $586.19 Million USD
Based on the latest financial reports, Seanergy Maritime Holdings Corp (SHIP) holds total assets worth $586.19 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.
Seanergy Maritime Holdings Corp - Total Assets Trend (2006–2024)
This chart illustrates how Seanergy Maritime Holdings Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Seanergy Maritime Holdings Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
Seanergy Maritime Holdings Corp's total assets of $586.19 Million consist of 8.4% current assets and 91.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 4.0% |
| Accounts Receivable | $7.67 Million | 1.4% |
| Inventory | $1.69 Million | 0.3% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $60.00K | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2006–2024)
This chart illustrates how Seanergy Maritime Holdings Corp'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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Seanergy Maritime Holdings Corp's current assets represent 8.4% of total assets in 2024, a decrease from 59.5% in 2006.
- Cash Position: Cash and equivalents constituted 4.0% of total assets in 2024, down from 56.3% in 2006.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2006.
- Asset Diversification: The largest asset category is accounts receivable at 1.4% of total assets.
Seanergy Maritime Holdings Corp Competitors by Total Assets
Key competitors of Seanergy Maritime Holdings Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Costamare Bulkers Holdings Limited
NYSE:CMDB
|
USA | $1.09 Billion |
|
Shenzhen Yan Tian Port Holdings Co Ltd
SHE:000088
|
China | CN¥24.14 Billion |
|
Zhuhai Port Co Ltd
SHE:000507
|
China | CN¥20.23 Billion |
|
Chang Jiang Shipping Group Phoenix Co Ltd
SHE:000520
|
China | CN¥631.24 Million |
|
Beibuwan Port Co Ltd
SHE:000582
|
China | CN¥37.60 Billion |
|
Eusu Holdings
KO:000700
|
Korea | ₩477.98 Billion |
|
Xiamen Port Development Co Ltd
SHE:000905
|
China | CN¥13.50 Billion |
|
Nanjing Shenghang Shipping Co Ltd
SHE:001205
|
China | CN¥4.57 Billion |
Seanergy Maritime Holdings Corp - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Seanergy Maritime Holdings Corp generates 0.31x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Seanergy Maritime Holdings Corp generates $7.96 in net profit.
Seanergy Maritime Holdings Corp - 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 | 0.39 | 0.55 | 1.30 |
| Quick Ratio | 0.37 | 0.52 | 1.16 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-57.87 Million | $ -38.05 Million | $ 7.09 Million |
Seanergy Maritime Holdings Corp - Advanced Valuation Insights
This section examines the relationship between Seanergy Maritime Holdings Corp'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 | 0.88 |
| Latest Market Cap to Assets Ratio | 0.31 |
| Asset Growth Rate (YoY) | 14.2% |
| Total Assets | $545.85 Million |
| Market Capitalization | $169.17 Million USD |
Valuation Analysis
Below Book Valuation: The market values Seanergy Maritime Holdings Corp's assets below their book value (0.31 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Seanergy Maritime Holdings Corp's assets grew by 14.2% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Seanergy Maritime Holdings Corp (2006–2024)
The table below shows the annual total assets of Seanergy Maritime Holdings Corp from 2006 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $545.85 Million | +14.22% |
| 2023-12-31 | $477.88 Million | -6.96% |
| 2022-12-31 | $513.60 Million | +5.48% |
| 2021-12-31 | $486.92 Million | +64.92% |
| 2020-12-31 | $295.25 Million | +4.49% |
| 2019-12-31 | $282.55 Million | +5.48% |
| 2018-12-31 | $267.88 Million | -2.84% |
| 2017-12-31 | $275.70 Million | +7.06% |
| 2016-12-31 | $257.53 Million | +23.01% |
| 2015-12-31 | $209.35 Million | +6306.12% |
| 2014-12-31 | $3.27 Million | -95.07% |
| 2013-12-31 | $66.35 Million | -45.15% |
| 2012-12-31 | $120.96 Million | -72.29% |
| 2011-12-31 | $436.48 Million | -37.32% |
| 2010-12-31 | $696.40 Million | +29.33% |
| 2009-12-31 | $538.45 Million | +42.37% |
| 2008-12-31 | $378.20 Million | +60.79% |
| 2007-12-31 | $235.21 Million | +37106.12% |
| 2006-12-31 | $632.19K | -- |