2020 Bulkers Ltd
2020 Bulkers Ltd. owns and operates large dry bulk vessels worldwide. The company operates six scrubber fitted 208,000 deadweight tonnage Newcastlemax dry bulk vessels. 2020 Bulkers Ltd. was incorporated in 2017 and is based in Hamilton, Bermuda.
2020 Bulkers Ltd (TTBKF) - Total Assets
Latest total assets as of December 2025: $270.20 Million USD
Based on the latest financial reports, 2020 Bulkers Ltd (TTBKF) holds total assets worth $270.20 Million USD as of December 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.
2020 Bulkers Ltd - Total Assets Trend (2017–2025)
This chart illustrates how 2020 Bulkers Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
2020 Bulkers Ltd - Asset Composition Analysis
Current Asset Composition (December 2025)
2020 Bulkers Ltd's total assets of $270.20 Million consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 8.2% |
| Accounts Receivable | $2.00 Million | 0.7% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2017–2025)
This chart illustrates how 2020 Bulkers 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: 2020 Bulkers Ltd's current assets represent 100.0% of total assets in 2025, an increase from 41.0% in 2017.
- Cash Position: Cash and equivalents constituted 8.2% of total assets in 2025, down from 41.0% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2017.
- Asset Diversification: The largest asset category is accounts receivable at 0.7% of total assets.
2020 Bulkers Ltd Competitors by Total Assets
Key competitors of 2020 Bulkers Ltd 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 |
2020 Bulkers Ltd - 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
Lower asset utilization - 2020 Bulkers Ltd generates 0.25x 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, 2020 Bulkers Ltd generates $ 11.24 in net profit.
2020 Bulkers 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 | 2.22 | 4.17 | 1.12 |
| Quick Ratio | 2.22 | 4.17 | 1.12 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $148.40 Million | $ 14.60 Million | $ 2.60 Million |
2020 Bulkers Ltd - Advanced Valuation Insights
This section examines the relationship between 2020 Bulkers 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 | 2.11 |
| Latest Market Cap to Assets Ratio | 0.87 |
| Asset Growth Rate (YoY) | 1.4% |
| Total Assets | $270.20 Million |
| Market Capitalization | $236.31 Million USD |
Valuation Analysis
Near Book Valuation: The market values 2020 Bulkers Ltd's assets close to their book value ( 0.87x), suggesting investors view the company's assets at approximately fair value.
Positive Asset Growth: 2020 Bulkers Ltd's assets grew by 1.4% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for 2020 Bulkers Ltd (2017–2025)
The table below shows the annual total assets of 2020 Bulkers Ltd from 2017 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $270.20 Million | +1.35% |
| 2024-12-31 | $266.60 Million | -29.11% |
| 2023-12-31 | $376.10 Million | -0.97% |
| 2022-12-31 | $379.80 Million | -2.76% |
| 2021-12-31 | $390.60 Million | -1.29% |
| 2020-12-31 | $395.70 Million | +39.77% |
| 2019-12-31 | $283.10 Million | +311.66% |
| 2018-12-31 | $68.77 Million | +358.24% |
| 2017-12-31 | $15.01 Million | -- |