ADS Maritime Holding Plc
ADS Maritime Holding Plc operates as a shipping investment company in Cyprus. It holds investments in vessels, including shuttle tankers, MR tankers, chartered tonnage, and others. The company was incorporated in 2018 and is based in Limassol, Cyprus.
ADS Maritime Holding Plc (ADS) - Total Assets
Latest total assets as of June 2025: Nkr21.94 Million NOK
Based on the latest financial reports, ADS Maritime Holding Plc (ADS) holds total assets worth Nkr21.94 Million NOK as of June 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.
ADS Maritime Holding Plc - Total Assets Trend (2018–2024)
This chart illustrates how ADS Maritime Holding Plc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
ADS Maritime Holding Plc - Asset Composition Analysis
Current Asset Composition (December 2024)
ADS Maritime Holding Plc's total assets of Nkr21.94 Million consist of 21.8% current assets and 78.2% non-current assets.
| Asset Category | Amount (NOK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Nkr0.00 | 16.1% |
| Accounts Receivable | Nkr0.00 | 0.0% |
| 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 (2018–2024)
This chart illustrates how ADS Maritime Holding Plc'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: ADS Maritime Holding Plc's current assets represent 21.8% of total assets in 2024, a decrease from 26.5% in 2018.
- Cash Position: Cash and equivalents constituted 16.1% of total assets in 2024, up from 14.9% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2018.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
ADS Maritime Holding Plc Competitors by Total Assets
Key competitors of ADS Maritime Holding Plc 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 |
ADS Maritime Holding Plc - 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 - ADS Maritime Holding Plc generates 0.01x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, ADS Maritime Holding Plc generates $7.42 in net profit.
ADS Maritime Holding Plc - 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 | 9.59 | 16.30 | 6.33 |
| Quick Ratio | 9.59 | 16.30 | 6.33 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | Nkr4.49 Million | Nkr 7.54 Million | Nkr 23.14 Million |
ADS Maritime Holding Plc - Advanced Valuation Insights
This section examines the relationship between ADS Maritime Holding Plc'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 | 0.69 |
| Latest Market Cap to Assets Ratio | 0.06 |
| Asset Growth Rate (YoY) | -29.9% |
| Total Assets | Nkr22.43 Million |
| Market Capitalization | $1.46 Million USD |
Valuation Analysis
Below Book Valuation: The market values ADS Maritime Holding Plc's assets below their book value (0.06 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: ADS Maritime Holding Plc's assets decreased by 29.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for ADS Maritime Holding Plc (2018–2024)
The table below shows the annual total assets of ADS Maritime Holding Plc from 2018 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr22.43 Million | -29.90% |
| 2023-12-31 | Nkr32.00 Million | +14.42% |
| 2022-12-31 | Nkr27.97 Million | +490.54% |
| 2021-12-31 | Nkr4.74 Million | -91.71% |
| 2020-12-31 | Nkr57.12 Million | -44.40% |
| 2019-12-31 | Nkr102.75 Million | +11.48% |
| 2018-12-31 | Nkr92.16 Million | -- |