State GAS Ltd (GAS) - Total Assets
Based on the latest financial reports, State GAS Ltd (GAS) holds total assets worth AU$51.21 Million AUD (≈ $36.24 Million USD) as of June 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. See State GAS Ltd (GAS) net assets for net asset value and shareholders' equity analysis.
State GAS Ltd - Total Assets Trend (2003–2025)
This chart illustrates how State GAS Ltd's total assets have evolved over time, based on quarterly financial data.
State GAS Ltd - Asset Composition Analysis
Current Asset Composition (June 2025)
State GAS Ltd's total assets of AU$51.21 Million consist of 4.4% current assets and 95.6% non-current assets.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$0.00 | 4.2% |
| Accounts Receivable | AU$87.90K | 0.2% |
| Inventory | AU$0.00 | 0.0% |
| Property, Plant & Equipment | AU$48.56 Million | 94.8% |
| Intangible Assets | AU$0.00 | 0.0% |
| Goodwill | AU$0.00 | 0.0% |
Asset Composition Trend (2003–2025)
This chart illustrates how State GAS 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. For live market cap, price, and company overview, see how much is State GAS Ltd worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: State GAS Ltd's current assets represent 4.4% of total assets in 2025, a decrease from 6.8% in 2003.
- Cash Position: Cash and equivalents constituted 4.2% of total assets in 2025, down from 4.6% in 2003.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2003.
- Asset Diversification: The largest asset category is property, plant & equipment at 94.8% of total assets.
State GAS Ltd Competitors by Total Assets
Key competitors of State GAS Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Strathcona Resources Ltd.
TO:SCR
|
Canada | CA$11.05 Billion |
|
Santos Ltd
AU:STO
|
Australia | AU$29.88 Billion |
|
Energi Mega Persada Tbk
JK:ENRG
|
Indonesia | Rp1.62 Billion |
|
Northern Oil & Gas Inc
NYSE:NOG
|
USA | $5.49 Billion |
|
Headwater Exploration Inc
TO:HWX
|
Canada | CA$995.17 Million |
|
Mach Natural Resources LP
NYSE:MNR
|
USA | $3.77 Billion |
|
Vermilion Energy Inc.
TO:VET
|
Canada | CA$5.95 Billion |
|
Spartan Delta Corp
TO:SDE
|
Canada | CA$1.17 Billion |
State GAS Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.38 | 0.04 | 3.83 |
| Quick Ratio | 0.38 | 0.04 | 3.83 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | AU$-3.62 Million | AU$-4.71 Million | AU$732.03K |
State GAS Ltd - Advanced Valuation Insights
This section examines the relationship between State GAS 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 | 0.24 |
| Latest Market Cap to Assets Ratio | 0.14 |
| Asset Growth Rate (YoY) | 6.0% |
| Total Assets | AU$51.21 Million |
| Market Capitalization | $7.25 Million USD |
Valuation Analysis
Below Book Valuation: The market values State GAS Ltd's assets below their book value (0.14x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: State GAS Ltd's assets grew by 6.0% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for State GAS Ltd (2003–2025)
The table below shows the annual total assets of State GAS Ltd from 2003 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-06-30 | AU$51.21 Million ≈ $36.24 Million |
+5.98% |
| 2024-06-30 | AU$48.32 Million ≈ $34.19 Million |
+18.10% |
| 2023-06-30 | AU$40.91 Million ≈ $28.95 Million |
+20.76% |
| 2022-06-30 | AU$33.88 Million ≈ $23.97 Million |
+14.69% |
| 2021-06-30 | AU$29.54 Million ≈ $20.90 Million |
+129.84% |
| 2020-06-30 | AU$12.85 Million ≈ $9.09 Million |
+3.52% |
| 2019-06-30 | AU$12.42 Million ≈ $8.79 Million |
+71.69% |
| 2018-06-30 | AU$7.23 Million ≈ $5.12 Million |
-1.22% |
| 2017-06-30 | AU$7.32 Million ≈ $5.18 Million |
-99.24% |
| 2006-06-30 | AU$965.43 Million ≈ $683.10 Million |
+0.37% |
| 2005-06-30 | AU$961.88 Million ≈ $680.59 Million |
-0.60% |
| 2004-06-30 | AU$967.66 Million ≈ $684.68 Million |
+11.47% |
| 2003-06-30 | AU$868.07 Million ≈ $614.21 Million |
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About State GAS Ltd
State Gas Limited engages in the exploration and development of gas fields in Australia. Its flagship projects are the Reid's Dome gas project comprising the production lease 231 permit and the Rolleston-West project covering an area of approximately 1,414 square kilometers located in the Bowen Basin in Central Queensland. The company was incorporated in 2017 and is headquartered in Brisbane, Aus… Read more