Stainless Tankers ASA
Stainless Tankers ASA engages in the marine transportation business in Norway. The company was incorporated in 2022 and is based in Oslo, Norway.
Stainless Tankers ASA (STST) - Total Assets
Latest total assets as of June 2025: Nkr119.50 Million NOK
Based on the latest financial reports, Stainless Tankers ASA (STST) holds total assets worth Nkr119.50 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.
Stainless Tankers ASA - Total Assets Trend (2022–2024)
This chart illustrates how Stainless Tankers ASA’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Stainless Tankers ASA - Asset Composition Analysis
Current Asset Composition (December 2024)
Stainless Tankers ASA's total assets of Nkr119.50 Million consist of 25.5% current assets and 74.5% non-current assets.
| Asset Category | Amount (NOK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Nkr1.70 Million | 1.2% |
| Accounts Receivable | Nkr1.09 Million | 0.8% |
| Inventory | Nkr0.00 | 0.0% |
| Property, Plant & Equipment | Nkr108.40 Million | 74.5% |
| Intangible Assets | Nkr0.00 | 0.0% |
| Goodwill | Nkr0.00 | 0.0% |
Asset Composition Trend (2022–2024)
This chart illustrates how Stainless Tankers 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Stainless Tankers ASA's current assets represent 25.5% of total assets in 2024, a decrease from 100.0% in 2022.
- Cash Position: Cash and equivalents constituted 1.2% of total assets in 2024, up from 0.0% in 2022.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2022.
- Asset Diversification: The largest asset category is property, plant & equipment at 74.5% of total assets.
Stainless Tankers ASA Competitors by Total Assets
Key competitors of Stainless Tankers ASA 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 |
Stainless Tankers ASA - 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
Moderate asset utilization - Stainless Tankers ASA generates 0.47x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Stainless Tankers ASA generates $ 10.05 in net profit.
Stainless Tankers 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 | 1.41 | 0.88 | 0.88 |
| Quick Ratio | 1.41 | 0.88 | 0.88 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | Nkr7.97 Million | Nkr -1.61 Million | Nkr -1.61 Million |
Stainless Tankers ASA - Advanced Valuation Insights
This section examines the relationship between Stainless Tankers 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 | 1.01 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -5.3% |
| Total Assets | Nkr145.56 Million |
| Market Capitalization | $31.91K USD |
Valuation Analysis
Below Book Valuation: The market values Stainless Tankers ASA's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Stainless Tankers ASA's assets decreased by 5.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Stainless Tankers ASA (2022–2024)
The table below shows the annual total assets of Stainless Tankers ASA from 2022 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr145.56 Million | -5.28% |
| 2023-12-31 | Nkr153.67 Million | +158685.52% |
| 2022-12-31 | Nkr96.78K | -- |