Hafnia Limited (HAFN) - Total Assets
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. Check total reinvestment intensity of Hafnia Limited to assess the company's total reinvestment commitment from operating cash flow.
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 HAFN long-term asset investment ratio to see how much of total assets are deployed in long-term investments.
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. For live market cap, price, and company overview, see Hafnia Limited stock valuation.
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 |
|---|---|---|
|
Vapores
SN:VAPORES
|
Chile | CL$7.20 Billion |
|
Tianjin Port Co Ltd
SHG:600717
|
China | CN¥36.32 Billion |
|
Golden Ocean Group Limited
F:KT31
|
Germany | €3.39 Billion |
|
Himalaya Shipping Ltd
OL:HSHP
|
Norway | Nkr865.30 Million |
|
China Container Terminal Corp
TW:2613
|
Taiwan | NT$9.70 Billion |
|
Wellard Ltd
AU:WLD
|
Australia | AU$34.12 Million |
|
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 |
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 | 0.91 |
| Asset Growth Rate (YoY) | -5.4% |
| Total Assets | $3.69 Billion |
| Market Capitalization | $3.37 Billion USD |
Valuation Analysis
Near Book Valuation: The market values Hafnia Limited's assets close to their book value (0.91x), suggesting investors view the company's assets at approximately fair value.
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 | -- |
About 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