American Shipping Company ASA (AMSC) - Total Assets
Based on the latest financial reports, American Shipping Company ASA (AMSC) holds total assets worth Nkr121.10 Million NOK (≈ $12.74 Million USD) 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. Check American Shipping Company ASA (AMSC) reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
American Shipping Company ASA - Total Assets Trend (2006–2024)
This chart illustrates how American Shipping Company ASA's total assets have evolved over time, based on quarterly financial data. Explore AMSC long-term investment intensity to see how much of total assets are deployed in long-term investments.
American Shipping Company ASA - Asset Composition Analysis
Current Asset Composition (December 2024)
American Shipping Company ASA's total assets of Nkr121.10 Million consist of 16.8% current assets and 83.2% non-current assets.
| Asset Category | Amount (NOK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Nkr0.00 | 7.8% |
| Accounts Receivable | Nkr1.20 Million | 0.1% |
| 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 (2006–2024)
This chart illustrates how American Shipping Company ASA'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 AMSC market cap overview.
Key Asset Composition Facts
- Current vs. Non-Current Assets: American Shipping Company ASA's current assets represent 16.8% of total assets in 2024, an increase from 8.9% in 2006.
- Cash Position: Cash and equivalents constituted 7.8% of total assets in 2024, up from 2.8% in 2006.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 2.0% in 2006.
- Asset Diversification: The largest asset category is accounts receivable at 0.1% of total assets.
American Shipping Company ASA Competitors by Total Assets
Key competitors of American Shipping Company ASA based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
HNA Technology Co Ltd A
SHG:600751
|
China | CN¥9.87 Billion |
|
Nanjing Port Co Ltd
SHE:002040
|
China | CN¥5.38 Billion |
|
Sejin Heavy Industries Co Ltd
KO:075580
|
Korea | ₩641.49 Billion |
|
StealthGas Inc
F:S6W
|
Germany | €711.69 Million |
|
Kss Line
KO:044450
|
Korea | ₩1.93 Trillion |
|
Soechi Lines Tbk
JK:SOCI
|
Indonesia | Rp609.88 Million |
|
Batulicin Nusantara Maritim Tbk PT
JK:BESS
|
Indonesia | Rp714.01 Billion |
|
Golden Energy Offshore Services AS
OL:GEOS
|
Norway | Nkr1.53 Billion |
American Shipping Company ASA - 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 | 9.32 | 11.79 | 1.32 |
| Quick Ratio | 9.32 | 11.79 | 1.32 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | Nkr108.10 Million | Nkr401.40 Million | Nkr11.00 Million |
American Shipping Company ASA - Advanced Valuation Insights
This section examines the relationship between American Shipping Company ASA'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 | 0.98 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 13.3% |
| Total Assets | Nkr2.21 Billion |
| Market Capitalization | $7.19K USD |
Valuation Analysis
Below Book Valuation: The market values American Shipping Company ASA's assets below their book value (0.00x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: American Shipping Company ASA's assets grew by 13.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for American Shipping Company ASA (2006–2024)
The table below shows the annual total assets of American Shipping Company ASA from 2006 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr2.21 Billion ≈ $232.69 Million |
+13.33% |
| 2023-12-31 | Nkr1.95 Billion ≈ $205.33 Million |
+135.29% |
| 2022-12-31 | Nkr829.29 Million ≈ $87.27 Million |
+16.22% |
| 2021-12-31 | Nkr713.56 Million ≈ $75.09 Million |
-1.40% |
| 2020-12-31 | Nkr723.66 Million ≈ $76.15 Million |
-3.81% |
| 2019-12-31 | Nkr752.36 Million ≈ $79.17 Million |
-7.27% |
| 2018-12-31 | Nkr811.34 Million ≈ $85.38 Million |
-4.23% |
| 2017-12-31 | Nkr847.13 Million ≈ $89.14 Million |
-4.75% |
| 2016-12-31 | Nkr889.39 Million ≈ $93.59 Million |
-1.94% |
| 2015-12-31 | Nkr906.98 Million ≈ $95.44 Million |
-9.27% |
| 2014-12-31 | Nkr999.68 Million ≈ $105.19 Million |
+7.16% |
| 2013-12-31 | Nkr932.88 Million ≈ $98.17 Million |
-2.94% |
| 2012-12-31 | Nkr961.19 Million ≈ $101.14 Million |
-7.37% |
| 2011-12-31 | Nkr1.04 Billion ≈ $109.19 Million |
+2.93% |
| 2010-12-31 | Nkr1.01 Billion ≈ $106.08 Million |
+16.37% |
| 2009-12-31 | Nkr866.28 Million ≈ $91.16 Million |
+21.31% |
| 2008-12-31 | Nkr714.07 Million ≈ $75.14 Million |
+24.63% |
| 2007-12-31 | Nkr572.97 Million ≈ $60.29 Million |
+52.13% |
| 2006-12-31 | Nkr376.63 Million ≈ $39.63 Million |
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About American Shipping Company ASA
AMSC ASA does not have significant operations. Previously, the company invested in maritime assets and companies in the United States. The company was formerly known as American Shipping Company ASA and changed its name to AMSC ASA in October 2022. AMSC ASA was founded in 2005 and is headquartered in Lysaker, Norway.