Global Ship Lease Inc
Global Ship Lease, Inc., together with its subsidiaries, engages in owning and chartering of containerships under fixed-rate charters to container shipping companies worldwide. As of March 10, 2025, it owned 70 mid-sized and smaller containerships, ranging from 2,207 to 11,040 twenty-foot equivalent unit (TEU), with an aggregate capacity of 404,681 TEU. The company was formerly known as Marathon … Read more
Global Ship Lease Inc (GSL) - Total Assets
Latest total assets as of September 2025: $2.67 Billion USD
Based on the latest financial reports, Global Ship Lease Inc (GSL) holds total assets worth $2.67 Billion 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.
Global Ship Lease Inc - Total Assets Trend (2006–2024)
This chart illustrates how Global Ship Lease Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Global Ship Lease Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Global Ship Lease Inc's total assets of $2.67 Billion consist of 12.7% current assets and 87.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $141.38 Million | 6.0% |
| Accounts Receivable | $12.84 Million | 0.5% |
| Inventory | $18.91 Million | 0.8% |
| Property, Plant & Equipment | $1.88 Billion | 79.4% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2006–2024)
This chart illustrates how Global Ship Lease 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Global Ship Lease Inc's current assets represent 12.7% of total assets in 2024, an increase from 9.3% in 2006.
- Cash Position: Cash and equivalents constituted 6.0% of total assets in 2024, up from -5.2% 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 property, plant & equipment at 79.4% of total assets.
Global Ship Lease Inc Competitors by Total Assets
Key competitors of Global Ship Lease Inc 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 |
Global Ship Lease Inc - 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 - Global Ship Lease Inc generates 0.30x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Global Ship Lease Inc generates $ 14.90 in net profit.
Global Ship Lease 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 | 2.19 | 1.64 | 0.88 |
| Quick Ratio | 2.14 | 1.58 | 0.82 |
| Cash Ratio | 1.01 | 1.02 | 0.00 |
| Working Capital | $339.88 Million | $ 163.75 Million | $ -13.60 Million |
Global Ship Lease Inc - Advanced Valuation Insights
This section examines the relationship between Global Ship Lease 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 | 0.77 |
| Latest Market Cap to Assets Ratio | 0.52 |
| Asset Growth Rate (YoY) | 9.3% |
| Total Assets | $2.37 Billion |
| Market Capitalization | $1.24 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Global Ship Lease Inc's assets below their book value (0.52 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Global Ship Lease Inc's assets grew by 9.3% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Global Ship Lease Inc (2006–2024)
The table below shows the annual total assets of Global Ship Lease Inc from 2006 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $2.37 Billion | +9.28% |
| 2023-12-31 | $2.17 Billion | +3.11% |
| 2022-12-31 | $2.11 Billion | +5.62% |
| 2021-12-31 | $1.99 Billion | +56.50% |
| 2020-12-31 | $1.27 Billion | -5.74% |
| 2019-12-31 | $1.35 Billion | +9.59% |
| 2018-12-31 | $1.23 Billion | +82.69% |
| 2017-12-31 | $675.18 Million | -13.02% |
| 2016-12-31 | $776.26 Million | -14.22% |
| 2015-12-31 | $904.92 Million | +2.06% |
| 2014-12-31 | $886.63 Million | +3.31% |
| 2013-12-31 | $858.25 Million | -5.03% |
| 2012-12-31 | $903.68 Million | -3.82% |
| 2011-12-31 | $939.53 Million | -4.23% |
| 2010-12-31 | $981.02 Million | -4.51% |
| 2009-12-31 | $1.03 Billion | +6.28% |
| 2008-12-31 | $966.61 Million | +43.28% |
| 2007-12-31 | $674.62 Million | +95.85% |
| 2006-12-31 | $344.47 Million | -- |