Precious Shipping PCL (Precious Shipping PCL) Total Assets : $696.0 Mil (As of Dec. 2023)

View and export this data going back to 2013. Start your Free Trial

What is Precious Shipping PCL Total Assets?

Precious Shipping PCL's Total Assets for the quarter that ended in Dec. 2023 was $696.0 Mil.

During the past 12 months, Precious Shipping PCL's average Total Assets Growth Rate was -5.60% per year. During the past 3 years, the average Total Assets Growth Rate was 2.60% per year. During the past 5 years, the average Total Assets Growth Rate was -2.50% per year. During the past 10 years, the average Total Assets Growth Rate was -2.60% per year.

During the past 13 years, Precious Shipping PCL's highest 3-Year average Total Assets Growth Rate was 39.80%. The lowest was -9.10%. And the median was 5.10%.

Total Assets is connected with ROA %. Precious Shipping PCL's annualized ROA % for the quarter that ended in Dec. 2023 was 4.06%. Total Assets is also linked to Revenue through Asset Turnover. Precious Shipping PCL's Asset Turnover for the quarter that ended in Dec. 2023 was 0.06.

Precious Shipping PCL Total Assets Historical Data

The historical data trend for Precious Shipping PCL's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Precious Shipping PCL Total Assets Chart

Precious Shipping PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

Get a 7-Day Free Trial

829.94

711.32

701.14

699.03

695.97

Precious Shipping PCL Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															699.03	679.11	705.33	693.44	695.97

Precious Shipping PCL Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Precious Shipping PCL's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	464.416	+	231.556
	=	696.0

Precious Shipping PCL's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	464.416	+	231.556
	=	696.0

Precious Shipping PCL (OTCPK:PSGFF) Total Assets Explanation

Total Assets is connected with ROA %.

Precious Shipping PCL's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	28.196	/	( (693.436	+	695.973)	/ 2 )
	=	28.196	/	694.7045
	=	4.06 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Precious Shipping PCL's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	42.308	/	( (693.436	+	695.973)	/ 2 )
=	42.308	/	694.7045
=	0.06

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Precious Shipping PCL Total Assets Related Terms

Thank you for viewing the detailed overview of Precious Shipping PCL's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Precious Shipping PCL (Precious Shipping PCL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Precious Shipping PCL (OTCPK:PSGFF) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

PSL:Thailand PZ9:Germany

Address

No. 8 North Sathorn Road, G, Cathay House, 7th, 8th and 9th floor, Silom, Bangrak, Bangkok, THA, 10500

Website

https://www.preciousshipping.com

Precious Shipping PCL is a Thailand-based holding company engaged in the marine transportation business. It's involved in the business of owning and operating (chartering) small handy-sized and supramax dry bulk vessels, on a tramp shipping basis without any set routes. The chartering of the vessels is undertaken in two ways: time charter and voyage charge. This is the only industry segment in which the Group mainly operates and almost the majority of the revenue is generated from this segment.

Precious Shipping PCL (Precious Shipping PCL) Headlines

No Headlines