Himalaya Shipping Ltd (HSHP) - Total Assets
Based on the latest financial reports, Himalaya Shipping Ltd (HSHP) holds total assets worth Nkr865.30 Million NOK (≈ $91.05 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. Check HSHP cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Himalaya Shipping Ltd - Total Assets Trend (2021–2024)
This chart illustrates how Himalaya Shipping Ltd's total assets have evolved over time, based on quarterly financial data. For live market cap, price, and company overview, see HSHP market cap overview.
Himalaya Shipping Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Himalaya Shipping Ltd's total assets of Nkr865.30 Million consist of 3.0% current assets and 97.0% non-current assets.
| Asset Category | Amount (NOK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Nkr0.00 | 2.2% |
| Accounts Receivable | Nkr1.25 Million | 0.1% |
| Inventory | Nkr1.50 Million | 0.2% |
| Property, Plant & Equipment | Nkr0.00 | 0.0% |
| Intangible Assets | Nkr0.00 | 0.0% |
| Goodwill | Nkr0.00 | 0.0% |
Asset Composition Trend (2021–2024)
This chart illustrates how Himalaya Shipping 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. See Himalaya Shipping Ltd net assets for net asset value and shareholders' equity analysis.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Himalaya Shipping Ltd's current assets represent 3.0% of total assets in 2024, a decrease from 11.9% in 2021.
- Cash Position: Cash and equivalents constituted 2.2% of total assets in 2024, down from 11.9% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2021.
- Asset Diversification: The largest asset category is inventory at 0.2% of total assets.
Himalaya Shipping Ltd Competitors by Total Assets
Key competitors of Himalaya Shipping Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Okeanis Eco Tankers Corp
OL:OET
|
Norway | Nkr1.08 Billion |
|
HNA Technology Co Ltd A
SHG:600751
|
China | CN¥9.87 Billion |
|
Sejin Heavy Industries Co Ltd
KO:075580
|
Korea | ₩641.49 Billion |
|
Algoma Central Corporation
TO:ALC
|
Canada | CA$1.77 Billion |
|
Shanghai Ace Invest&Dvlp Co
SHG:603329
|
China | CN¥3.27 Billion |
|
Jiangsu Wanlin Modern Logistic
SHG:603117
|
China | CN¥1.35 Billion |
|
Soechi Lines Tbk
JK:SOCI
|
Indonesia | Rp609.88 Million |
|
Shih Wei Navigation Co Ltd
TW:5608
|
Taiwan | NT$18.14 Billion |
Himalaya Shipping 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 | 1.01 | 0.87 | 35.00 |
| Quick Ratio | 0.96 | 0.82 | 35.00 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | Nkr200.00K | Nkr-4.59 Million | Nkr3.40 Million |
Himalaya Shipping Ltd - Advanced Valuation Insights
This section examines the relationship between Himalaya Shipping 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 | 2.65 |
| Latest Market Cap to Assets Ratio | 0.71 |
| Asset Growth Rate (YoY) | 46.9% |
| Total Assets | Nkr880.10 Million |
| Market Capitalization | $623.43 Million USD |
Valuation Analysis
Below Book Valuation: The market values Himalaya Shipping Ltd's assets below their book value (0.71x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Himalaya Shipping Ltd's assets grew by 46.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Himalaya Shipping Ltd (2021–2024)
The table below shows the annual total assets of Himalaya Shipping Ltd from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr880.10 Million ≈ $92.61 Million |
+46.88% |
| 2023-12-31 | Nkr599.21 Million ≈ $63.05 Million |
+235.57% |
| 2022-12-31 | Nkr178.57 Million ≈ $18.79 Million |
+87.81% |
| 2021-12-31 | Nkr95.08 Million ≈ $10.01 Million |
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About Himalaya Shipping Ltd
Himalaya Shipping Ltd. provides dry bulk shipping services worldwide. The company serves major commodity trading, commodity and energy transition, and multi-modal transport companies. As of December 31, 2024, it owned and operated through a fleet of 12 Newcastlemax dry bulk vessels, each with capacity in the range of 210,000 dead weight tons. The company was incorporated in 2021 and is based in H… Read more