C3is (CISS) Total Assets : $100.49 Mil (As of Dec. 2024)

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What is C3is Total Assets?

C3is's Total Assets for the quarter that ended in Dec. 2024 was $100.49 Mil.

During the past 12 months, C3is's average Total Assets Growth Rate was 1.70% per year. During the past 3 years, the average Total Assets Growth Rate was 75.20% per year.

During the past 4 years, C3is's highest 3-Year average Total Assets Growth Rate was 75.20%. The lowest was 75.20%. And the median was 75.20%.

Total Assets is connected with ROA %. C3is's annualized ROA % for the quarter that ended in Dec. 2024 was 0.59%. Total Assets is also linked to Revenue through Asset Turnover. C3is's Asset Turnover for the quarter that ended in Dec. 2024 was 0.09.

C3is Total Assets Historical Data

The historical data trend for C3is'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.

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C3is Total Assets Chart

C3is Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Total Assets

16.36

39.86

95.47

100.49

C3is Quarterly Data
	Jun21	Dec21	Mar22	Jun22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Total Assets	Get a 7-Day Free Trial								95.47	113.93	137.41	99.40	100.49

C3is 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.

C3is's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Assets	=	Total Equity (A: Dec. 2024 )	+	Total Liabilities (A: Dec. 2024 )
	=	71.361	+	29.128
	=	100.49

C3is's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2024 )	+	Total Liabilities (Q: Dec. 2024 )
	=	71.361	+	29.128
	=	100.49

C3is (NAS:CISS) Total Assets Explanation

Total Assets is connected with ROA %.

C3is's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %	=	Net Income (Q: Dec. 2024 )	/	( (Total Assets (Q: Sep. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
	=	0.588	/	( (99.401	+	100.489)	/ 2 )
	=	0.588	/	99.945
	=	0.59 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) 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.

C3is's Asset Turnover for the quarter that ended in Dec. 2024 is

	Asset Turnover
=	Revenue (Q: Dec. 2024 )	/	( (Total Assets (Q: Sep. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
=	9.411	/	( (99.401	+	100.489)	/ 2 )
=	9.411	/	99.945
=	0.09

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.

C3is Total Assets Related Terms

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C3is Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » C3is Inc (NAS:CISS) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

331 Kifissias Avenue, Erithrea, Athens, GRC, 14561

Website

https://www.c3is.pro

C3is Inc is a provider of international seaborne transportation services to dry bulk charterers, including major national and private industrial users, commodity producers and traders. The company owns and operates a fleet of two dry bulk carriers that transport major bulks such as iron ore, coal and grains, and minor bulks such as bauxite, phosphate and fertilizers. The total cargo-carrying capacity of our fleet is approximately 64,000 dwt.