StealthGas (StealthGas) Total Assets : $697.2 Mil (As of Dec. 2023)

View and export this data going back to 2005. Start your Free Trial

What is StealthGas Total Assets?

StealthGas's Total Assets for the quarter that ended in Dec. 2023 was $697.2 Mil.

During the past 12 months, StealthGas's average Total Assets Growth Rate was -16.10% per year. During the past 3 years, the average Total Assets Growth Rate was -11.90% per year. During the past 5 years, the average Total Assets Growth Rate was -8.10% per year. During the past 10 years, the average Total Assets Growth Rate was -2.00% per year.

During the past 13 years, StealthGas's highest 3-Year average Total Assets Growth Rate was 139.10%. The lowest was -11.90%. And the median was 5.00%.

Total Assets is connected with ROA %. StealthGas's annualized ROA % for the quarter that ended in Dec. 2023 was 5.10%. Total Assets is also linked to Revenue through Asset Turnover. StealthGas's Asset Turnover for the quarter that ended in Dec. 2023 was 0.05.

StealthGas Total Assets Historical Data

The historical data trend for StealthGas'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.

StealthGas Total Assets Chart

StealthGas Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

Get a 7-Day Free Trial

954.19

944.01

798.67

821.53

697.21

StealthGas 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															821.53	804.51	707.89	697.95	697.21

StealthGas 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.

StealthGas'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 )
	=	549.664	+	147.547
	=	697.2

StealthGas'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 )
	=	549.664	+	147.547
	=	697.2

StealthGas (NAS:GASS) Total Assets Explanation

Total Assets is connected with ROA %.

StealthGas'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 )
	=	35.556	/	( (697.946	+	697.211)	/ 2 )
	=	35.556	/	697.5785
	=	5.10 %

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.

StealthGas'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 )
=	34.139	/	( (697.946	+	697.211)	/ 2 )
=	34.139	/	697.5785
=	0.05

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.

StealthGas Total Assets Related Terms

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

StealthGas (StealthGas) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

S6W:Germany S6W:Germany

Address

331 Kifissias Avenue, Erithrea, Athens, GRC, 14561

Website

https://www.stealthgas.com

StealthGas Inc is an international shipping transportation company. It owns liquefied petroleum gas (LPG) pressurized carriers and provides international seaborne transportation services to LPG producers and users, as well as crude oil and product carriers to oil producers, refineries and commodities traders worldwide. The company carriers carry various petroleum gas products in liquefied forms, such as propane, butane, butadiene, isopropane, propylene, and vinyl chloride monomer, which are all byproducts of the production of crude oil and natural gas.

Executives

Glendon Opportunities Fund, L.p.	10 percent owner	MAPLES CORPORATE SERVICES LTD., UGLAND HOUSE, SOUTH CHURCH STREET, GRAND CAYMAN E9 KY1-1104
Glendon Capital Management Lp	10 percent owner	2425 OLYMPIC BLVD, SUITE 500E, SANTA MONICA CA 90404