Comet Ridge Ltd (COI) - Total Assets
Based on the latest financial reports, Comet Ridge Ltd (COI) holds total assets worth AU$125.28 Million AUD (≈ $88.65 Million USD) as of December 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Comet Ridge Ltd - Total Assets Trend (2004–2025)
This chart illustrates how Comet Ridge Ltd's total assets have evolved over time, based on quarterly financial data. Also see how much is Comet Ridge Ltd worth for the company's overall valuation and market capitalisation.
Comet Ridge Ltd - Asset Composition Analysis
Current Asset Composition (June 2025)
Comet Ridge Ltd's total assets of AU$125.28 Million consist of 12.0% current assets and 88.0% non-current assets. Review how much debt does Comet Ridge Ltd carry to assess the company's total debt and financial obligations.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$0.00 | 10.6% |
| Accounts Receivable | AU$166.00K | 0.1% |
| Inventory | AU$0.00 | 0.0% |
| Property, Plant & Equipment | AU$109.95 Million | 88.0% |
| Intangible Assets | AU$0.00 | 0.0% |
| Goodwill | AU$0.00 | 0.0% |
Asset Composition Trend (2004–2025)
This chart illustrates how Comet Ridge Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. See current stock price of Comet Ridge Ltd for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Comet Ridge Ltd's current assets represent 12.0% of total assets in 2025, a decrease from 41.2% in 2004.
- Cash Position: Cash and equivalents constituted 10.6% of total assets in 2025, down from 40.1% in 2004.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2004.
- Asset Diversification: The largest asset category is property, plant & equipment at 88.0% of total assets.
Comet Ridge Ltd Competitors by Total Assets
Key competitors of Comet Ridge Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Tourmaline Oil Corp.
TO:TOU
|
Canada | CA$23.06 Billion |
|
ARC Resources Ltd.
TO:ARX
|
Canada | CA$14.18 Billion |
|
Paramount Resources Ltd.
TO:POU
|
Canada | CA$3.56 Billion |
|
Vista Energy S.A.B. de C.V.
BA:VIST
|
Argentina | AR$9.31 Billion |
|
International Petroleum Corp
TO:IPCO
|
Canada | CA$2.01 Billion |
|
Vermilion Energy Inc.
TO:VET
|
Canada | CA$5.55 Billion |
|
Spartan Delta Corp
TO:SDE
|
Canada | CA$1.35 Billion |
|
Tamboran Resources Corporation
AU:TBN
|
Australia | AU$446.46 Million |
Comet Ridge Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.23 | 0.51 | 0.28 |
| Quick Ratio | 0.23 | 0.51 | 0.28 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | AU$-28.94 Million | AU$-20.62 Million | AU$-16.05 Million |
Comet Ridge Ltd - Advanced Valuation Insights
This section examines the relationship between Comet Ridge Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 2.22 |
| Latest Market Cap to Assets Ratio | 0.61 |
| Asset Growth Rate (YoY) | 3.9% |
| Total Assets | AU$125.00 Million |
| Market Capitalization | $76.19 Million USD |
Valuation Analysis
Below Book Valuation: The market values Comet Ridge Ltd's assets below their book value (0.61x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Comet Ridge Ltd's assets grew by 3.9% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Comet Ridge Ltd (2004–2025)
The table below shows the annual total assets of Comet Ridge Ltd from 2004 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-06-30 | AU$125.00 Million ≈ $88.44 Million |
+3.90% |
| 2024-06-30 | AU$120.30 Million ≈ $85.12 Million |
+8.03% |
| 2023-06-30 | AU$111.36 Million ≈ $78.80 Million |
+1.83% |
| 2022-06-30 | AU$109.36 Million ≈ $77.38 Million |
+43.45% |
| 2021-06-30 | AU$76.23 Million ≈ $53.94 Million |
-4.25% |
| 2020-06-30 | AU$79.61 Million ≈ $56.33 Million |
+101792.95% |
| 2019-06-30 | AU$78.13K ≈ $55.28K |
+25.05% |
| 2018-06-30 | AU$62.48K ≈ $44.21K |
+23.05% |
| 2017-06-30 | AU$50.78K ≈ $35.93K |
+16.43% |
| 2016-06-30 | AU$43.61K ≈ $30.86K |
-5.32% |
| 2015-06-30 | AU$46.06K ≈ $32.59K |
-22.21% |
| 2014-06-30 | AU$59.21K ≈ $41.89K |
-99.89% |
| 2013-06-30 | AU$53.51 Million ≈ $37.86 Million |
+12.35% |
| 2012-06-30 | AU$47.63 Million ≈ $33.70 Million |
+9.86% |
| 2011-06-30 | AU$43.36 Million ≈ $30.68 Million |
-1.61% |
| 2010-06-30 | AU$44.06 Million ≈ $31.18 Million |
-10.51% |
| 2009-06-30 | AU$49.24 Million ≈ $34.84 Million |
+321.70% |
| 2008-06-30 | AU$11.68 Million ≈ $8.26 Million |
-32.47% |
| 2007-06-30 | AU$17.29 Million ≈ $12.23 Million |
+84.09% |
| 2006-06-30 | AU$9.39 Million ≈ $6.65 Million |
+33.96% |
| 2005-06-30 | AU$7.01 Million ≈ $4.96 Million |
-10.49% |
| 2004-06-30 | AU$7.83 Million ≈ $5.54 Million |
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About Comet Ridge Ltd
Comet Ridge Limited engages in the oil and gas exploration, appraisal, and development activities in Australia. The company's flagship property is the Mahalo Gas Hub which consists of 2 reserves and 2 contingent resources of 676 petajoules located in southern Bowen Basin. Comet Ridge Limited was incorporated in 2003 and is based in Brisbane, Australia.