Clean Seas Seafood Limited
Clean Seas Seafood Limited, together with its subsidiaries, operates in the aquaculture industry in Australia, Europe, North America, Asia, and internationally. The company engages in the propagation, harvesting, growing, and selling of Spencer Gulf Yellowtail Kingfish; and production and sale of fingerlings. Clean Seas Seafood Limited was incorporated in 2000 and is based in Royal Park, Australi… Read more
Clean Seas Seafood Limited (CTUNF) - Total Assets
Latest total assets as of December 2024: $49.46 Million USD
Based on the latest financial reports, Clean Seas Seafood Limited (CTUNF) holds total assets worth $49.46 Million USD as of December 2024.
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.
Clean Seas Seafood Limited - Total Assets Trend (2005–2024)
This chart illustrates how Clean Seas Seafood Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Clean Seas Seafood Limited - Asset Composition Analysis
Current Asset Composition (June 2024)
Clean Seas Seafood Limited's total assets of $49.46 Million consist of 70.4% current assets and 29.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 4.9% |
| Accounts Receivable | $3.66 Million | 4.2% |
| Inventory | $51.25 Million | 58.9% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $2.83 Million | 3.3% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2005–2024)
This chart illustrates how Clean Seas Seafood Limited'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: Clean Seas Seafood Limited's current assets represent 70.4% of total assets in 2024, an increase from 23.2% in 2005.
- Cash Position: Cash and equivalents constituted 4.9% of total assets in 2024, up from 1.3% in 2005.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, an increase from 0.0% in 2005.
- Asset Diversification: The largest asset category is inventory at 58.9% of total assets.
Clean Seas Seafood Limited Competitors by Total Assets
Key competitors of Clean Seas Seafood Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Riverview Rubber Estates Bhd
KLSE:2542
|
Malaysia | RM406.55 Million |
|
ShenZhen Kondarl Group Co Ltd
SHE:000048
|
China | CN¥10.49 Billion |
|
Hunan Zhenghong Science and Technology Develop Co Ltd
SHE:000702
|
China | CN¥505.58 Million |
|
Hefei Fengle Seed Co Ltd
SHE:000713
|
China | CN¥3.52 Billion |
|
Luoniushan Co Ltd
SHE:000735
|
China | CN¥10.05 Billion |
|
New Hope Liuhe Co Ltd
SHE:000876
|
China | CN¥116.87 Billion |
|
Yuan Longping High-tech Agriculture Co Ltd
SHE:000998
|
China | CN¥25.48 Billion |
|
Dongrui Food Group Co Ltd
SHE:001201
|
China | CN¥6.21 Billion |
Clean Seas Seafood Limited - 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
Strong asset utilization - Clean Seas Seafood Limited generates 0.79x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Clean Seas Seafood Limited is currently not profitable relative to its asset base.
Clean Seas Seafood Limited - 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 | 1.75 | 3.90 | 7.78 |
| Quick Ratio | 0.38 | 0.75 | 2.63 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $14.70 Million | $ 49.44 Million | $ 81.35 Million |
Clean Seas Seafood Limited - Advanced Valuation Insights
This section examines the relationship between Clean Seas Seafood Limited'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 | 0.88 |
| Latest Market Cap to Assets Ratio | 0.11 |
| Asset Growth Rate (YoY) | -20.3% |
| Total Assets | $86.98 Million |
| Market Capitalization | $9.22 Million USD |
Valuation Analysis
Below Book Valuation: The market values Clean Seas Seafood Limited's assets below their book value (0.11 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Clean Seas Seafood Limited's assets decreased by 20.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Clean Seas Seafood Limited (2005–2024)
The table below shows the annual total assets of Clean Seas Seafood Limited from 2005 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-06-30 | $86.98 Million | -20.32% |
| 2023-06-30 | $109.16 Million | +9.75% |
| 2022-06-30 | $99.46 Million | -2.49% |
| 2021-06-30 | $102.00 Million | -4.42% |
| 2020-06-30 | $106.72 Million | +13.61% |
| 2019-06-30 | $93.94 Million | +15.03% |
| 2018-06-30 | $81.66 Million | +41.64% |
| 2017-06-30 | $57.66 Million | +15.58% |
| 2016-06-30 | $49.88 Million | -8.55% |
| 2015-06-30 | $54.54 Million | +9.01% |
| 2014-06-30 | $50.04 Million | +71.33% |
| 2013-06-30 | $29.20 Million | -52.65% |
| 2012-06-30 | $61.68 Million | -32.88% |
| 2011-06-30 | $91.89 Million | -23.45% |
| 2010-06-30 | $120.04 Million | -2.52% |
| 2009-06-30 | $123.14 Million | +36.71% |
| 2008-06-30 | $90.07 Million | +122.03% |
| 2007-06-30 | $40.57 Million | +99.01% |
| 2006-06-30 | $20.39 Million | +503.16% |
| 2005-06-30 | $3.38 Million | -- |