Singapore Shipping (SGX:S19) Total Assets : S$254.65 Mil (As of Sep. 2023)

View and export this data going back to 2000. Start your Free Trial

What is Singapore Shipping Total Assets?

Singapore Shipping's Total Assets for the quarter that ended in Sep. 2023 was S$254.65 Mil.

During the past 12 months, Singapore Shipping's average Total Assets Growth Rate was -8.40% per year. During the past 3 years, the average Total Assets Growth Rate was -5.70% per year. During the past 5 years, the average Total Assets Growth Rate was -4.70% per year. During the past 10 years, the average Total Assets Growth Rate was 4.90% per year.

During the past 13 years, Singapore Shipping's highest 3-Year average Total Assets Growth Rate was 78.90%. The lowest was -37.20%. And the median was -3.90%.

Total Assets is connected with ROA %. Singapore Shipping's annualized ROA % for the quarter that ended in Sep. 2023 was 4.82%. Total Assets is also linked to Revenue through Asset Turnover. Singapore Shipping's Asset Turnover for the quarter that ended in Sep. 2023 was 0.12.

Singapore Shipping Total Assets Historical Data

The historical data trend for Singapore Shipping'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.

Singapore Shipping Total Assets Chart

Singapore Shipping Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Assets

Get a 7-Day Free Trial

239.60

247.46

235.42

242.96

251.05

Singapore Shipping Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Total Assets	Get a 7-Day Free Trial															238.86	242.96	258.51	251.05	254.65

Singapore Shipping 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.

Singapore Shipping's Total Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Assets	=	Total Equity (A: Mar. 2023 )	+	Total Liabilities (A: Mar. 2023 )
	=	157.926	+	93.121
	=	251.05

Singapore Shipping's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2023 )	+	Total Liabilities (Q: Sep. 2023 )
	=	163.058	+	91.594
	=	254.65

Singapore Shipping (SGX:S19) Total Assets Explanation

Total Assets is connected with ROA %.

Singapore Shipping's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %	=	Net Income (Q: Sep. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
	=	12.184	/	( (251.046	+	254.652)	/ 2 )
	=	12.184	/	252.849
	=	4.82 %

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

Singapore Shipping's Asset Turnover for the quarter that ended in Sep. 2023 is

	Asset Turnover
=	Revenue (Q: Sep. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
=	31.2	/	( (251.046	+	254.652)	/ 2 )
=	31.2	/	252.849
=	0.12

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.

Singapore Shipping Total Assets Related Terms

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

Singapore Shipping (SGX:S19) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Singapore Shipping Corp Ltd (SGX:S19) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

W1M:Germany

Address

200 Cantonment Road, No. 09-01 Southpoint, Singapore, SGP, 089763

Website

http://www.singaporeshipping.com.sg

Singapore Shipping Corp Ltd is a shipping company. It operates in two segments: Ship owning segment which includes ship owning and ship management, and Agency and logistics segment that includes shipping agency, terminal operations, warehousing, and logistics services. The company generates most of the revenue from the Ship owning segment. Further, it also operates in geographical segments like Japan, Singapore, and other countries. It generates most of its revenues from Japan.

Singapore Shipping (SGX:S19) Headlines

No Headlines