2020 Bulkers Ltd (2020) - Total Assets
Based on the latest financial reports, 2020 Bulkers Ltd (2020) holds total assets worth Nkr263.00 Million NOK (≈ $27.68 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. See shareholders equity of 2020 Bulkers Ltd for net asset value and shareholders' equity analysis.
2020 Bulkers Ltd - Total Assets Trend (2017–2024)
This chart illustrates how 2020 Bulkers Ltd's total assets have evolved over time, based on quarterly financial data.
2020 Bulkers Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
2020 Bulkers Ltd's total assets of Nkr263.00 Million consist of 7.2% current assets and 92.8% non-current assets.
| Asset Category | Amount (NOK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Nkr0.00 | 6.0% |
| Accounts Receivable | Nkr800.00K | 0.3% |
| Inventory | Nkr0.00 | 0.0% |
| Property, Plant & Equipment | Nkr0.00 | 0.0% |
| Intangible Assets | Nkr0.00 | 0.0% |
| Goodwill | Nkr0.00 | 0.0% |
Asset Composition Trend (2017–2024)
This chart illustrates how 2020 Bulkers Ltd'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 2020 Bulkers Ltd market cap and net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: 2020 Bulkers Ltd's current assets represent 7.2% of total assets in 2024, a decrease from 41.0% in 2017.
- Cash Position: Cash and equivalents constituted 6.0% of total assets in 2024, down from 41.0% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2017.
- Asset Diversification: The largest asset category is accounts receivable at 0.3% of total assets.
2020 Bulkers Ltd Competitors by Total Assets
Key competitors of 2020 Bulkers Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Costamare Bulkers Holdings Limited
NYSE:CMDB
|
USA | $1.09 Billion |
|
Qinhuangdao Port Co Ltd
SHG:601326
|
China | CN¥28.13 Billion |
|
BW LPG Limited
F:BW9
|
Germany | €3.15 Billion |
|
Tianjin Port Co Ltd
SHG:600717
|
China | CN¥36.32 Billion |
|
HNA Technology Co Ltd A
SHG:600751
|
China | CN¥9.87 Billion |
|
Genco Shipping & Trading Ltd
NYSE:GNK
|
USA | $1.11 Billion |
|
Sejin Heavy Industries Co Ltd
KO:075580
|
Korea | ₩641.49 Billion |
|
Sincere Navigation Corp
TW:2605
|
Taiwan | NT$20.78 Billion |
2020 Bulkers Ltd - 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 | 2.36 | 3.98 | 1.10 |
| Quick Ratio | 2.36 | 3.98 | 1.10 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | Nkr79.50 Million | Nkr18.50 Million | Nkr2.20 Million |
2020 Bulkers Ltd - Advanced Valuation Insights
This section examines the relationship between 2020 Bulkers Ltd'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 | 2.14 |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | -29.1% |
| Total Assets | Nkr266.60 Million |
| Market Capitalization | $7.25 Million USD |
Valuation Analysis
Below Book Valuation: The market values 2020 Bulkers Ltd's assets below their book value (0.03x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: 2020 Bulkers Ltd's assets decreased by 29.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for 2020 Bulkers Ltd (2017–2024)
The table below shows the annual total assets of 2020 Bulkers Ltd from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr266.60 Million ≈ $28.05 Million |
-29.11% |
| 2023-12-31 | Nkr376.10 Million ≈ $39.58 Million |
-0.97% |
| 2022-12-31 | Nkr379.80 Million ≈ $39.97 Million |
-2.76% |
| 2021-12-31 | Nkr390.60 Million ≈ $41.10 Million |
-1.29% |
| 2020-12-31 | Nkr395.70 Million ≈ $41.64 Million |
+39.77% |
| 2019-12-31 | Nkr283.10 Million ≈ $29.79 Million |
+311.66% |
| 2018-12-31 | Nkr68.77 Million ≈ $7.24 Million |
+358.24% |
| 2017-12-31 | Nkr15.01 Million ≈ $1.58 Million |
-- |
About 2020 Bulkers Ltd
2020 Bulkers Ltd. owns and operates large dry bulk vessels worldwide. The company operates six scrubber fitted 208,000 deadweight tonnage Newcastlemax dry bulk vessels. 2020 Bulkers Ltd. was incorporated in 2017 and is based in Hamilton, Bermuda.