Tufton Oceanic Assets Ltd (SHIP) — Working Capital to Net Assets Ratio
Tufton Oceanic Assets Ltd (SHIP) has a Working Capital to Net Assets ratio of 1.8% as of June 2025. Working capital of $6.32 Million (current assets of $7.36 Million minus current liabilities of $1.04 Million) is measured against net assets of $352.01 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. For the complete balance sheet picture, see Tufton Oceanic Assets Ltd asset portfolio.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Tufton Oceanic Assets Ltd Working Capital to Net Assets (2018–2025)
This chart shows how Tufton Oceanic Assets Ltd's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2018 to 2025. As of June 2025, the ratio stands at 1.8%, reflecting working capital of $6.32 Million against net assets of $352.01 Million USD. Explore how much does Tufton Oceanic Assets Ltd reinvest in capital to see what proportion of operating cash flow is directed to capital expenditures.
Annual Working Capital to Net Assets for Tufton Oceanic Assets Ltd (2018–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Tufton Oceanic Assets Ltd from 2018 to 2025, covering 8 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Explore SHIP long-term investments to assets to see how much of total assets are deployed in long-term investments.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 1.8% | $6.32 Million | $352.01 Million | $7.36 Million | $1.04 Million | ▲ +0.4 pp |
| 2024 | 1.3% | $6.08 Million | $451.06 Million | $7.29 Million | $1.21 Million | ▼ -0.3 pp |
| 2023 | 1.6% | $6.75 Million | $412.77 Million | $7.89 Million | $1.14 Million | ▲ +1.5 pp |
| 2022 | 0.1% | $632.61K | $447.54 Million | $5.73 Million | $5.10 Million | ▼ -1.4 pp |
| 2021 | 1.6% | $4.90 Million | $312.65 Million | $5.77 Million | $872.42K | ▼ -0.6 pp |
| 2020 | 2.2% | $5.20 Million | $237.67 Million | $5.83 Million | $633.42K | ▲ +0.1 pp |
| 2019 | 2.1% | $4.83 Million | $225.84 Million | $5.52 Million | $687.78K | ▼ -44.2 pp |
| 2018 | 46.3% | $42.81 Million | $92.46 Million | $43.03 Million | $224.35K | — |