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Tufton Assets (LSE:SHIP) Total Assets : $439.29 Mil (As of Dec. 2024)


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What is Tufton Assets Total Assets?

Tufton Assets's Total Assets for the quarter that ended in Dec. 2024 was $439.29 Mil.

During the past 12 months, Tufton Assets's average Total Assets Growth Rate was 1.10% per year. During the past 3 years, the average Total Assets Growth Rate was 13.00% per year. During the past 5 years, the average Total Assets Growth Rate was 17.40% per year.

During the past 7 years, Tufton Assets's highest 3-Year average Total Assets Growth Rate was 84.80%. The lowest was 13.00%. And the median was 23.60%.

Total Assets is connected with ROA %. Tufton Assets's annualized ROA % for the quarter that ended in Dec. 2024 was 11.32%. Total Assets is also linked to Revenue through Asset Turnover. Tufton Assets's Asset Turnover for the quarter that ended in Dec. 2024 was 0.06.


Tufton Assets Total Assets Historical Data

The historical data trend for Tufton Assets'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.

Tufton Assets Total Assets Chart

Tufton Assets Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Total Assets
Get a 7-Day Free Trial 238.30 313.52 452.64 413.92 452.26

Tufton Assets Semi-Annual Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 442.61 413.92 434.21 452.26 439.29

Tufton Assets 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.

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

Total Assets=Total Equity (A: Jun. 2024 )+Total Liabilities (A: Jun. 2024 )
=451.056+1.208
=452.26

Tufton Assets'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 )
=428.882+10.412
=439.29

* 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.


Tufton Assets  (LSE:SHIP) Total Assets Explanation

Total Assets is connected with ROA %.

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

ROA %=Net Income (Q: Dec. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=50.47/( (452.263+439.294)/ 2 )
=50.47/445.7785
=11.32 %

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

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

Asset Turnover
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=25.813/( (452.263+439.294)/ 2 )
=25.813/445.7785
=0.06

* 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.

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.

Tufton Assets Total Assets Related Terms

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Tufton Assets Business Description

Traded in Other Exchanges
N/A
Address
Royal Avenue, 1 Royal Plaza, Saint Peter Port, GGY, GY1 2HL
Tufton Assets Ltd is an investment company, that invests in a diversified portfolio of second-hand commercial sea-going vessels. The company's investment objective is to provide investors with an attractive level of regular and growing income and capital returns.