Okeanis Eco Tankers Corp (OET) - Total Assets
Based on the latest financial reports, Okeanis Eco Tankers Corp (OET) holds total assets worth Nkr1.08 Billion NOK (≈ $113.98 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.
Okeanis Eco Tankers Corp - Total Assets Trend (2018–2024)
This chart illustrates how Okeanis Eco Tankers Corp's total assets have evolved over time, based on quarterly financial data. Also see OET stock market capitalisation for the company's overall valuation and market capitalisation.
Okeanis Eco Tankers Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
Okeanis Eco Tankers Corp's total assets of Nkr1.08 Billion consist of 11.0% current assets and 89.0% non-current assets. Review OET total liabilities to assess the company's total debt and financial obligations.
| Asset Category | Amount (NOK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Nkr0.00 | 4.6% |
| Accounts Receivable | Nkr39.76 Million | 3.7% |
| Inventory | Nkr24.34 Million | 2.3% |
| 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 Okeanis Eco Tankers Corp'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 Okeanis Eco Tankers Corp stock price for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Okeanis Eco Tankers Corp's current assets represent 11.0% of total assets in 2024, an increase from 4.5% in 2018.
- Cash Position: Cash and equivalents constituted 4.6% of total assets in 2024, up from 2.7% 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 accounts receivable at 3.7% of total assets.
Okeanis Eco Tankers Corp Competitors by Total Assets
Key competitors of Okeanis Eco Tankers Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
KAWASAKI KISEN K. ADR/1/2
F:KLI
|
Germany | €2.23 Trillion |
|
Hafnia Limited
NYSE:HAFN
|
USA | $3.57 Billion |
|
ZIM Integrated Shipping Services Ltd.
F:2SV
|
Germany | €11.01 Billion |
|
Hainan Strait Shipping Co Ltd
SHE:002320
|
China | CN¥9.89 Billion |
|
Dampskibsselskabet Norden AS
CO:DNORD
|
Denmark | Dkr2.51 Billion |
|
BW LPG Limited
F:BW9
|
Germany | €3.15 Billion |
|
Chang Jiang Shipping Group Phoenix Co Ltd
SHE:000520
|
China | CN¥826.57 Million |
|
Himalaya Shipping Ltd
OL:HSHP
|
Norway | Nkr865.30 Million |
Okeanis Eco Tankers Corp - 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 | 1.96 | 1.48 | 0.69 |
| Quick Ratio | 1.65 | 1.23 | 0.61 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | Nkr67.04 Million | Nkr51.43 Million | Nkr-25.52 Million |
Okeanis Eco Tankers Corp - Advanced Valuation Insights
This section examines the relationship between Okeanis Eco Tankers Corp'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 | 2.62 |
| Latest Market Cap to Assets Ratio | 2.40 |
| Asset Growth Rate (YoY) | -4.2% |
| Total Assets | Nkr1.08 Billion |
| Market Capitalization | $2.60 Billion USD |
Valuation Analysis
Premium Asset Valuation: The market values Okeanis Eco Tankers Corp's assets at a significant premium (2.40x), suggesting investors see substantial growth potential or unique competitive advantages.
Slight Asset Contraction: Okeanis Eco Tankers Corp's assets decreased by 4.2% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Okeanis Eco Tankers Corp (2018–2024)
The table below shows the annual total assets of Okeanis Eco Tankers Corp from 2018 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr1.08 Billion ≈ $113.87 Million |
-4.16% |
| 2023-12-31 | Nkr1.13 Billion ≈ $118.82 Million |
-4.58% |
| 2022-12-31 | Nkr1.18 Billion ≈ $124.52 Million |
+23.96% |
| 2021-12-31 | Nkr954.59 Million ≈ $100.45 Million |
-24.22% |
| 2020-12-31 | Nkr1.26 Billion ≈ $132.56 Million |
+13.40% |
| 2019-12-31 | Nkr1.11 Billion ≈ $116.89 Million |
+66.17% |
| 2018-12-31 | Nkr668.50 Million ≈ $70.35 Million |
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About Okeanis Eco Tankers Corp
Okeanis Eco Tankers Corp., a shipping company, owns and operates tanker vessels worldwide. It operates a fleet of 14 tanker vessels comprising six modern Suezmax tankers and eight modern VLCC tankers focusing on the transportation of crude oil. Okeanis Eco Tankers Corp. was incorporated in 2018 and is based in Neo Faliro, Greece.