United Maritime Corporation (USEA) - Total Assets
Based on the latest financial reports, United Maritime Corporation (USEA) holds total assets worth $144.20 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.
United Maritime Corporation - Total Assets Trend (2020–2024)
This chart illustrates how United Maritime Corporation's total assets have evolved over time, based on quarterly financial data. Also see United Maritime Corporation (USEA) total market value for the company's overall valuation and market capitalisation.
United Maritime Corporation - Asset Composition Analysis
Current Asset Composition (December 2024)
United Maritime Corporation's total assets of $144.20 Million consist of 14.2% current assets and 85.8% non-current assets. Review USEA current and long-term liabilities to assess the company's total debt and financial obligations.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 3.7% |
| Accounts Receivable | $1.44 Million | 0.8% |
| Inventory | $650.00K | 0.4% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2020–2024)
This chart illustrates how United Maritime Corporation'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. See USEA stock price for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: United Maritime Corporation's current assets represent 14.2% of total assets in 2024, an increase from 3.6% in 2020.
- Cash Position: Cash and equivalents constituted 3.7% of total assets in 2024, up from 2.9% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2020.
- Asset Diversification: The largest asset category is accounts receivable at 0.8% of total assets.
United Maritime Corporation Competitors by Total Assets
Key competitors of United Maritime Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Okeanis Eco Tankers Corp.
NYSE:ECO
|
USA | $1.65 Billion |
|
Santos Brasil Participações S.A
SA:STBP3
|
Brazil | R$5.52 Billion |
|
Safe Bulkers Inc
NYSE:SB
|
USA | $1.43 Billion |
|
Precious Shipping Public Company Limited
BK:PSL-R
|
Thailand | ฿24.41 Billion |
|
Puerto Ventana
SN:VENTANAS
|
Chile | CL$454.65 Million |
|
Jinzhou Port Co Ltd A
SHG:600190
|
China | CN¥9.87 Billion |
|
Jasa Armada Indonesia Tbk PT
JK:IPCM
|
Indonesia | Rp1.79 Trillion |
|
EURODRY LTD. DL -01
F:0LQ
|
Germany | €212.10 Million |
United Maritime Corporation - 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 | 0.49 | 0.47 | 0.48 |
| Quick Ratio | 0.46 | 0.46 | 0.43 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-25.53 Million | $-34.57 Million | $-1.09 Million |
United Maritime Corporation - Advanced Valuation Insights
This section examines the relationship between United Maritime Corporation'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 | 0.27 |
| Latest Market Cap to Assets Ratio | 0.10 |
| Asset Growth Rate (YoY) | -1.6% |
| Total Assets | $172.07 Million |
| Market Capitalization | $16.69 Million USD |
Valuation Analysis
Below Book Valuation: The market values United Maritime Corporation's assets below their book value (0.10x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: United Maritime Corporation's assets decreased by 1.6% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for United Maritime Corporation (2020–2024)
The table below shows the annual total assets of United Maritime Corporation from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $172.07 Million | -1.56% |
| 2023-12-31 | $174.81 Million | +39.12% |
| 2022-12-31 | $125.66 Million | +835.62% |
| 2021-12-31 | $13.43 Million | -3.69% |
| 2020-12-31 | $13.94 Million | -- |
About United Maritime Corporation
United Maritime Corporation, a shipping company, offers seaborne transportation services worldwide. The company operates a fleet of five dry bulk vessels comprising three Panamax and two Kamsarmax vessels with an aggregate cargo-carrying capacity of approximately 396,297 dwt. United Maritime Corporation was incorporated in 2022 and is based in Glyfada, Greece.