Steamships Trading Co (ASX:SST) Total Assets : A$671.8 Mil (As of Dec. 2023)

View and export this data going back to 1962. Start your Free Trial

What is Steamships Trading Co Total Assets?

Steamships Trading Co's Total Assets for the quarter that ended in Dec. 2023 was A$671.8 Mil.

During the past 12 months, Steamships Trading Co's average Total Assets Growth Rate was 14.40% per year. During the past 3 years, the average Total Assets Growth Rate was 7.70% per year. During the past 5 years, the average Total Assets Growth Rate was 4.50% per year. During the past 10 years, the average Total Assets Growth Rate was -0.60% per year.

During the past 13 years, Steamships Trading Co's highest 3-Year average Total Assets Growth Rate was 37.80%. The lowest was -6.70%. And the median was 3.50%.

Total Assets is connected with ROA %. Steamships Trading Co's annualized ROA % for the quarter that ended in Dec. 2023 was 4.09%. Total Assets is also linked to Revenue through Asset Turnover. Steamships Trading Co's Asset Turnover for the quarter that ended in Dec. 2023 was 0.13.

Steamships Trading Co Total Assets Historical Data

The historical data trend for Steamships Trading Co'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.

Steamships Trading Co Total Assets Chart

Steamships Trading Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

Get a 7-Day Free Trial

573.03

587.47

598.83

598.32

671.75

Steamships Trading Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial															598.83	623.59	598.32	638.93	671.75

Steamships Trading Co 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.

Steamships Trading Co'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 )
	=	422.231	+	249.523
	=	671.8

Steamships Trading Co'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 )
	=	422.231	+	249.523
	=	671.8

Steamships Trading Co (ASX:SST) Total Assets Explanation

Total Assets is connected with ROA %.

Steamships Trading Co's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	26.778	/	( (638.932	+	671.754)	/ 2 )
	=	26.778	/	655.343
	=	4.09 %

Note: The Net Income data used here is two times the semi-annual (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.

Steamships Trading Co's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	86.526	/	( (638.932	+	671.754)	/ 2 )
=	86.526	/	655.343
=	0.13

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.

Steamships Trading Co Total Assets Related Terms

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

Steamships Trading Co (ASX:SST) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Steamships Trading Co Ltd (ASX:SST) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

345, Stanley Esplanade, Section 20, Allotments 3, 4 and 5, Level 2 Granville, PO Box 1, National Capital District, Port Moresby, PNG, NCD 121

Website

https://www.steamships.com.pg

Steamships Trading Co Ltd is a diversified holding company. The company's operating segment includes Property and hospitality, Logistics, and Commercial & investment. It generates maximum revenue from the Logistics segment, which consists of shipping and land-based freight transport and related services divisions. The Property and hospitality segment consists of the hotels owned and operated by the group and also its property leasing division and Commercial and investment - which consists of commercial, head office administration function and insurance activities The group primarily operates in Papua New Guinea.