Eagle Bulk Shipping Inc (EGLE) - Total Assets
Based on the latest financial reports, Eagle Bulk Shipping Inc (EGLE) holds total assets worth $1.15 Billion USD as of December 2023. 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.
Eagle Bulk Shipping Inc - Total Assets Trend (2004–2023)
This chart illustrates how Eagle Bulk Shipping Inc's total assets have evolved over time, based on quarterly financial data. Also see EGLE stock market capitalisation for the company's overall valuation and market capitalisation.
Eagle Bulk Shipping Inc - Asset Composition Analysis
Current Asset Composition (December 2023)
Eagle Bulk Shipping Inc's total assets of $1.15 Billion consist of 16.5% current assets and 83.5% non-current assets. Review debt load of Eagle Bulk Shipping Inc to assess the company's total debt and financial obligations.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 10.3% |
| Accounts Receivable | $30.92 Million | 2.7% |
| Inventory | $24.99 Million | 2.2% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2004–2023)
This chart illustrates how Eagle Bulk 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. See Eagle Bulk Shipping Inc stock price for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Eagle Bulk Shipping Inc's current assets represent 16.5% of total assets in 2023, an increase from 0.0% in 2004.
- Cash Position: Cash and equivalents constituted 10.3% of total assets in 2023, up from 10.2% in 2004.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2004.
- Asset Diversification: The largest asset category is accounts receivable at 2.7% of total assets.
Eagle Bulk Shipping Inc Competitors by Total Assets
Key competitors of Eagle Bulk Shipping Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Okeanis Eco Tankers Corp
OL:OET
|
Norway | Nkr1.08 Billion |
|
Santos Brasil Participações S.A
SA:STBP3
|
Brazil | R$5.52 Billion |
|
Wilson Sons Holdings Brasil S.A.
SA:PORT3
|
Brazil | R$6.37 Billion |
|
HIMALAYA SHIPPING LTD DL1
F:J1X
|
Germany | €863.90 Million |
|
Viking Line Abp
HE:VIK1V
|
Finland | €594.10 Million |
|
Shih Wei Navigation Co Ltd
TW:5608
|
Taiwan | NT$17.70 Billion |
|
SLOMAN NEPTUN Schiffahrts-Aktiengesellschaft
HM:NEP
|
Germany | €299.83 Million |
|
Trans Power Marine Tbk
JK:TPMA
|
Indonesia | Rp274.87 Million |
Eagle Bulk 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 | 0.89 | 2.03 | 1.79 |
| Quick Ratio | 0.77 | 1.81 | 1.59 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-23.30 Million | $133.06 Million | $20.66 Million |
Eagle Bulk Shipping Inc - Advanced Valuation Insights
This section examines the relationship between Eagle Bulk 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 | 1.15 |
| Latest Market Cap to Assets Ratio | 0.31 |
| Asset Growth Rate (YoY) | -7.2% |
| Total Assets | $1.15 Billion |
| Market Capitalization | $354.29 Million USD |
Valuation Analysis
Below Book Valuation: The market values Eagle Bulk Shipping Inc's assets below their book value (0.31x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Eagle Bulk Shipping Inc's assets decreased by 7.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Eagle Bulk Shipping Inc (2004–2023)
The table below shows the annual total assets of Eagle Bulk Shipping Inc from 2004 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $1.15 Billion | -7.21% |
| 2022-12-31 | $1.24 Billion | +9.81% |
| 2021-12-31 | $1.13 Billion | +16.50% |
| 2020-12-31 | $967.13 Million | -3.49% |
| 2019-12-31 | $1.00 Billion | +18.42% |
| 2018-12-31 | $846.21 Million | +4.68% |
| 2017-12-31 | $808.35 Million | +17.77% |
| 2016-12-31 | $686.38 Million | -12.79% |
| 2015-12-31 | $787.04 Million | -13.88% |
| 2014-12-31 | $913.88 Million | -46.97% |
| 2013-12-31 | $1.72 Billion | -3.67% |
| 2012-12-31 | $1.79 Billion | -4.18% |
| 2011-12-31 | $1.87 Billion | -1.55% |
| 2010-12-31 | $1.90 Billion | +17.93% |
| 2009-12-31 | $1.61 Billion | +18.06% |
| 2008-12-31 | $1.36 Billion | +19.91% |
| 2007-12-31 | $1.14 Billion | +99.72% |
| 2006-12-31 | $568.79 Million | +23.02% |
| 2005-12-31 | $462.34 Million | +1030.29% |
| 2004-12-31 | $40.91 Million | -- |
About Eagle Bulk Shipping Inc
Eagle Bulk Shipping Inc. engages in the ocean transportation of dry bulk cargoes worldwide. The company owns, charters, and operates dry bulk vessels that transport a range of bulk cargoes, including iron ore, coal, grains, fertilizers, steel products, petcoke, and cement. It serves miners, producers, traders, and end users. As of December 31, 2023, the company owned and operated a fleet of 52 ve… Read more