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ZIM Integrated Shipping Services (FRA:2SV) Total Assets : €8,217 Mil (As of Mar. 2024)


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What is ZIM Integrated Shipping Services Total Assets?

ZIM Integrated Shipping Services's Total Assets for the quarter that ended in Mar. 2024 was €8,217 Mil.

Warning Sign:

If a company builds assets at 44.9% a year, faster than its revenue growth rate of 19.3% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, ZIM Integrated Shipping Services's average Total Assets Growth Rate was -12.60% per year. During the past 3 years, the average Total Assets Growth Rate was 44.00% per year. During the past 5 years, the average Total Assets Growth Rate was 44.90% per year.

During the past 7 years, ZIM Integrated Shipping Services's highest 3-Year average Total Assets Growth Rate was 70.70%. The lowest was 44.00%. And the median was 57.60%.

Total Assets is connected with ROA %. ZIM Integrated Shipping Services's annualized ROA % for the quarter that ended in Mar. 2024 was 4.19%. Total Assets is also linked to Revenue through Asset Turnover. ZIM Integrated Shipping Services's Asset Turnover for the quarter that ended in Mar. 2024 was 0.18.


ZIM Integrated Shipping Services Total Assets Historical Data

The historical data trend for ZIM Integrated Shipping Services'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.

ZIM Integrated Shipping Services Total Assets Chart

ZIM Integrated Shipping Services Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial 1,733.49 2,321.53 8,709.99 10,974.28 7,653.28

ZIM Integrated Shipping Services Quarterly Data
Dec18 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10,770.89 9,860.96 7,675.34 7,653.28 8,217.07

ZIM Integrated Shipping Services 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.

ZIM Integrated Shipping Services'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 )
=2253.986+5399.296
=7,653

ZIM Integrated Shipping Services's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets=Total Equity (Q: Mar. 2024 )+Total Liabilities (Q: Mar. 2024 )
=2341.768+5875.304
=8,217

* 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.


ZIM Integrated Shipping Services  (FRA:2SV) Total Assets Explanation

Total Assets is connected with ROA %.

ZIM Integrated Shipping Services's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=332.304/( (7653.282+8217.072)/ 2 )
=332.304/7935.177
=4.19 %

Note: The Net Income data used here is four times the quarterly (Mar. 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.

ZIM Integrated Shipping Services's Asset Turnover for the quarter that ended in Mar. 2024 is

Asset Turnover
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=1437.04/( (7653.282+8217.072)/ 2 )
=1437.04/7935.177
=0.18

* 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.

ZIM Integrated Shipping Services Total Assets Related Terms

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ZIM Integrated Shipping Services (FRA:2SV) Business Description

Traded in Other Exchanges
Address
9 Andrei Sakharov Street, P.O. Box 15067, Matam, Haifa, ISR, 3190500
ZIM Integrated Shipping Services Ltd is an asset-light container liner shipping company. It offers tailored services, including land transportation and logistical services, specialized shipping solutions, including the transportation of out-of-gauge cargo, refrigerated cargo, and dangerous and hazardous cargo. Its services include Cargo Services, Digital Services, Schedules, and Shipping Trades and Lines. Geographically, it derives a majority of revenue from the Pacific.

ZIM Integrated Shipping Services (FRA:2SV) Headlines

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