Harbor Star Shipping Services Inc
Harbor Star Shipping Services Inc operates in Highways & Railtracks.
Harbor Star Shipping Services Inc (TUGS) - Total Assets
Latest total assets as of June 2023: ₱6.97 Billion PHP
Based on the latest financial reports, Harbor Star Shipping Services Inc (TUGS) holds total assets worth ₱6.97 Billion PHP as of June 2023.
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.
Harbor Star Shipping Services Inc - Total Assets Trend (2015–2022)
This chart illustrates how Harbor Star Shipping Services Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Harbor Star Shipping Services Inc - Asset Composition Analysis
Current Asset Composition (December 2022)
Harbor Star Shipping Services Inc's total assets of ₱6.97 Billion consist of 27.3% current assets and 72.7% non-current assets.
| Asset Category | Amount (PHP) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₱100.35 Million | 2.4% |
| Accounts Receivable | ₱1.07 Billion | 15.6% |
| Inventory | ₱0.00 | 0.0% |
| Property, Plant & Equipment | ₱4.43 Billion | 64.6% |
| Intangible Assets | ₱12.24 Million | 0.2% |
| Goodwill | ₱0.00 | 0.0% |
Asset Composition Trend (2015–2022)
This chart illustrates how Harbor Star Shipping Services Inc'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: Harbor Star Shipping Services Inc's current assets represent 27.3% of total assets in 2022, an increase from 19.7% in 2015.
- Cash Position: Cash and equivalents constituted 2.4% of total assets in 2022, up from 0.1% in 2015.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2015.
- Asset Diversification: The largest asset category is property, plant & equipment at 64.6% of total assets.
Harbor Star Shipping Services Inc Competitors by Total Assets
Key competitors of Harbor Star Shipping Services Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
SUN KWANG CO.Ltd
KQ:003100
|
Korea | ₩680.13 Billion |
|
Asian Terminals Inc
PSE:ATI
|
Philippines | ₱34.36 Billion |
|
IRB InvIT Fund
NSE:IRBINVIT
|
India | ₹125.19 Billion |
|
MacroAsia Corp
PSE:MAC
|
Philippines | ₱11.74 Billion |
|
Pakistan International Container Terminal Ltd
KAR:PICT
|
Pakistan | PKRs5.08 Billion |
|
Alsons Consolidated Resources Inc
PSE:ACR
|
Philippines | ₱47.48 Billion |
|
Altus Property Ventures Inc
PSE:APVI
|
Philippines | ₱984.79 Million |
|
Global Ferronickel Holdings Inc
PSE:FNI
|
Philippines | ₱18.03 Billion |
Harbor Star Shipping Services Inc - 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 - Harbor Star Shipping Services Inc generates 0.39x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Harbor Star Shipping Services Inc generates $ 0.03 in net profit.
Harbor Star Shipping Services Inc - 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 | 1.85 | 1.27 | 0.57 |
| Quick Ratio | 1.85 | 1.27 | 0.57 |
| Cash Ratio | 0.08 | 0.06 | 0.00 |
| Working Capital | ₱976.26 Million | ₱ 420.78 Million | ₱ -859.67 Million |
Harbor Star Shipping Services Inc - Advanced Valuation Insights
This section examines the relationship between Harbor Star Shipping Services Inc'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) | 10.3% |
| Total Assets | ₱6.85 Billion |
| Market Capitalization | $80.26 USD |
Valuation Analysis
Below Book Valuation: The market values Harbor Star Shipping Services Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Harbor Star Shipping Services Inc's assets grew by 10.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Harbor Star Shipping Services Inc (2015–2022)
The table below shows the annual total assets of Harbor Star Shipping Services Inc from 2015 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-12-31 | ₱6.85 Billion | +10.34% |
| 2021-12-31 | ₱6.21 Billion | +4.99% |
| 2020-12-31 | ₱5.91 Billion | -3.75% |
| 2019-12-31 | ₱6.14 Billion | +20.65% |
| 2018-12-31 | ₱5.09 Billion | +38.54% |
| 2017-12-31 | ₱3.68 Billion | +33.61% |
| 2016-12-31 | ₱2.75 Billion | +4.89% |
| 2015-12-31 | ₱2.62 Billion | -- |