Hafnia Limited
Hafnia Limited owns and operates oil product tankers in Bermuda. It operates through Long Range II, Long Range I, Medium Range (MR), Handy size, and Specialized segments. The company transports clean and dirty, refined oil products, vegetable oil, and easy chemicals to national and international oil companies, and chemical companies, as well as trading and utility companies; and owns and operates… Read more
Hafnia Limited (HAFN) - Total Assets
Latest total assets as of September 2025: $3.57 Billion USD
Based on the latest financial reports, Hafnia Limited (HAFN) holds total assets worth $3.57 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.
Hafnia Limited - Total Assets Trend (2016–2024)
This chart illustrates how Hafnia Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Hafnia Limited - Asset Composition Analysis
Current Asset Composition (December 2024)
Hafnia Limited's total assets of $3.57 Billion consist of 24.3% current assets and 75.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 7.7% |
| Accounts Receivable | $486.41 Million | 13.2% |
| Inventory | $93.91 Million | 2.5% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $508.68K | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2016–2024)
This chart illustrates how Hafnia Limited'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: Hafnia Limited's current assets represent 24.3% of total assets in 2024, an increase from 10.4% in 2016.
- Cash Position: Cash and equivalents constituted 7.7% of total assets in 2024, down from 8.2% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2016.
- Asset Diversification: The largest asset category is accounts receivable at 13.2% of total assets.
Hafnia Limited Competitors by Total Assets
Key competitors of Hafnia Limited 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 |
Hafnia Limited - 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
Strong asset utilization - Hafnia Limited generates 0.78x 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, Hafnia Limited generates $ 20.96 in net profit.
Hafnia Limited - 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 | 1.52 | 1.70 | 1.15 |
| Quick Ratio | 1.38 | 1.52 | 1.12 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $294.35 Million | $ 407.96 Million | $ 34.36 Million |
Hafnia Limited - Advanced Valuation Insights
This section examines the relationship between Hafnia Limited'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 | 1.44 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | -5.4% |
| Total Assets | $3.69 Billion |
| Market Capitalization | $62.14 Million USD |
Valuation Analysis
Below Book Valuation: The market values Hafnia Limited's assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Hafnia Limited's assets decreased by 5.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Hafnia Limited (2016–2024)
The table below shows the annual total assets of Hafnia Limited from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $3.69 Billion | -5.37% |
| 2023-12-31 | $3.90 Billion | -1.51% |
| 2022-12-31 | $3.96 Billion | +58.00% |
| 2021-12-31 | $2.51 Billion | -1.42% |
| 2020-12-31 | $2.54 Billion | -5.12% |
| 2019-12-31 | $2.68 Billion | +104.04% |
| 2018-12-31 | $1.31 Billion | +7.73% |
| 2017-12-31 | $1.22 Billion | +5.01% |
| 2016-12-31 | $1.16 Billion | -- |