Ultrapetrol Bahamas Ltd
Ultrapetrol (Bahamas) Limited does not have significant operations. Previously, it was engaged in the provision of marine transportation services. The company was founded in 1992 and is headquartered in Nassau, Bahamas. Ultrapetrol (Bahamas) Limited operates as a subsidiary of Sparrow Capital Investments Ltd.
Ultrapetrol Bahamas Ltd (ULTRF) - Total Assets
Latest total assets as of September 2016: $804.01 Million USD
Based on the latest financial reports, Ultrapetrol Bahamas Ltd (ULTRF) holds total assets worth $804.01 Million USD as of September 2016.
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.
Ultrapetrol Bahamas Ltd - Total Assets Trend (2004–2015)
This chart illustrates how Ultrapetrol Bahamas Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Ultrapetrol Bahamas Ltd - Asset Composition Analysis
Current Asset Composition (December 2015)
Ultrapetrol Bahamas Ltd's total assets of $804.01 Million consist of 16.8% current assets and 83.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 6.6% |
| Accounts Receivable | $50.72 Million | 6.0% |
| Inventory | $16.95 Million | 2.0% |
| Property, Plant & Equipment | $669.09 Million | 78.8% |
| Intangible Assets | $50.72 Million | 6.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2004–2015)
This chart illustrates how Ultrapetrol Bahamas 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: Ultrapetrol Bahamas Ltd's current assets represent 16.8% of total assets in 2015, an increase from 0.0% in 2004.
- Cash Position: Cash and equivalents constituted 6.6% of total assets in 2015, up from 4.2% in 2004.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 5.0% of total assets, an increase from 0.0% in 2004.
- Asset Diversification: The largest asset category is property, plant & equipment at 78.8% of total assets.
Ultrapetrol Bahamas Ltd Competitors by Total Assets
Key competitors of Ultrapetrol Bahamas 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 |
Ultrapetrol Bahamas 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
Moderate asset utilization - Ultrapetrol Bahamas Ltd generates 0.41x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Ultrapetrol Bahamas Ltd is currently not profitable relative to its asset base.
Ultrapetrol Bahamas 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 | 0.26 | 0.27 | 0.27 |
| Quick Ratio | 0.23 | 0.24 | 0.24 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-401.65 Million | $ -383.80 Million | $ -383.80 Million |
Ultrapetrol Bahamas Ltd - Advanced Valuation Insights
This section examines the relationship between Ultrapetrol Bahamas 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 | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -5.3% |
| Total Assets | $849.32 Million |
| Market Capitalization | $2.14K USD |
Valuation Analysis
Below Book Valuation: The market values Ultrapetrol Bahamas Ltd's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Ultrapetrol Bahamas Ltd's assets decreased by 5.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Ultrapetrol Bahamas Ltd (2004–2015)
The table below shows the annual total assets of Ultrapetrol Bahamas Ltd from 2004 to 2015.
| Year | Total Assets | Change |
|---|---|---|
| 2015-12-31 | $849.32 Million | -5.32% |
| 2014-12-31 | $897.06 Million | -8.46% |
| 2013-12-31 | $980.01 Million | -3.00% |
| 2012-12-31 | $1.01 Billion | +21.68% |
| 2011-12-31 | $830.29 Million | +0.79% |
| 2010-12-31 | $823.80 Million | +12.40% |
| 2009-12-31 | $732.93 Million | -11.17% |
| 2008-12-31 | $825.06 Million | +32.61% |
| 2007-12-31 | $622.16 Million | +45.92% |
| 2006-12-31 | $426.38 Million | +53.51% |
| 2005-12-31 | $277.75 Million | +1.50% |
| 2004-12-31 | $273.65 Million | -- |