Lakes Oil NL (LKO) - Total Assets
Based on the latest financial reports, Lakes Oil NL (LKO) holds total assets worth AU$19.84 Million AUD (≈ $14.04 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 LKO book value for net asset value and shareholders' equity analysis.
Lakes Oil NL - Total Assets Trend (1989–2025)
This chart illustrates how Lakes Oil NL's total assets have evolved over time, based on quarterly financial data.
Lakes Oil NL - Asset Composition Analysis
Current Asset Composition (June 2025)
Lakes Oil NL's total assets of AU$19.84 Million consist of 14.7% current assets and 85.3% non-current assets.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$0.00 | 13.3% |
| Accounts Receivable | AU$232.02K | 1.2% |
| Inventory | AU$0.00 | 0.0% |
| Property, Plant & Equipment | AU$0.00 | 0.0% |
| Intangible Assets | AU$0.00 | 0.0% |
| Goodwill | AU$0.00 | 0.0% |
Asset Composition Trend (1989–2025)
This chart illustrates how Lakes Oil NL'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 LKO stock market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Lakes Oil NL's current assets represent 14.7% of total assets in 2025, a decrease from 30.9% in 1989.
- Cash Position: Cash and equivalents constituted 13.3% of total assets in 2025, up from 4.2% in 1989.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1989.
- Asset Diversification: The largest asset category is accounts receivable at 1.2% of total assets.
Lakes Oil NL Competitors by Total Assets
Key competitors of Lakes Oil NL 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 |
Lakes Oil NL - 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 | 1.21 | 1.01 | 0.27 |
| Quick Ratio | 1.21 | 1.01 | 0.27 |
| Cash Ratio | 1.09 | 0.11 | 0.15 |
| Working Capital | AU$505.57K | AU$25.32K | AU$-2.96 Million |
Lakes Oil NL - Advanced Valuation Insights
This section examines the relationship between Lakes Oil NL'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 | 5.22 |
| Latest Market Cap to Assets Ratio | 1.67 |
| Asset Growth Rate (YoY) | 23.3% |
| Total Assets | AU$19.84 Million |
| Market Capitalization | $33.20 Million USD |
Valuation Analysis
Above Book Valuation: The market values Lakes Oil NL's assets above their book value (1.67x), reflecting positive investor sentiment about the company's future prospects.
Rapid Asset Growth: Lakes Oil NL's assets grew by 23.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Lakes Oil NL (1989–2025)
The table below shows the annual total assets of Lakes Oil NL from 1989 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-06-30 | AU$19.84 Million ≈ $14.04 Million |
+23.30% |
| 2024-06-30 | AU$16.09 Million ≈ $11.39 Million |
+1.56% |
| 2023-06-30 | AU$15.84 Million ≈ $11.21 Million |
-6.64% |
| 2022-06-30 | AU$16.97 Million ≈ $12.01 Million |
-31.11% |
| 2021-06-30 | AU$24.63 Million ≈ $17.43 Million |
-0.81% |
| 2020-06-30 | AU$24.83 Million ≈ $17.57 Million |
+19.04% |
| 2019-06-30 | AU$20.86 Million ≈ $14.76 Million |
+48.33% |
| 2018-06-30 | AU$14.06 Million ≈ $9.95 Million |
+1.84% |
| 2017-06-30 | AU$13.81 Million ≈ $9.77 Million |
+49.58% |
| 2016-06-30 | AU$9.23 Million ≈ $6.53 Million |
-84.30% |
| 2015-06-30 | AU$58.80 Million ≈ $41.60 Million |
+4.17% |
| 2014-06-30 | AU$56.44 Million ≈ $39.94 Million |
-8.18% |
| 2013-06-30 | AU$61.47 Million ≈ $43.49 Million |
+7.49% |
| 2012-06-30 | AU$57.18 Million ≈ $40.46 Million |
+2.29% |
| 2011-06-30 | AU$55.90 Million ≈ $39.55 Million |
-0.89% |
| 2010-06-30 | AU$56.40 Million ≈ $39.91 Million |
+5.30% |
| 2009-06-30 | AU$53.56 Million ≈ $37.90 Million |
-0.93% |
| 2008-06-30 | AU$54.07 Million ≈ $38.25 Million |
+9.17% |
| 2007-06-30 | AU$49.52 Million ≈ $35.04 Million |
+29.09% |
| 2006-06-30 | AU$38.36 Million ≈ $27.14 Million |
+11.91% |
| 2005-06-30 | AU$34.28 Million ≈ $24.25 Million |
+31.41% |
| 2004-06-30 | AU$26.08 Million ≈ $18.46 Million |
+68.95% |
| 2003-06-30 | AU$15.44 Million ≈ $10.92 Million |
-7.20% |
| 2002-06-30 | AU$16.64 Million ≈ $11.77 Million |
+40.69% |
| 2001-06-30 | AU$11.83 Million ≈ $8.37 Million |
+77.18% |
| 2000-06-30 | AU$6.67 Million ≈ $4.72 Million |
+6.85% |
| 1999-06-30 | AU$6.25 Million ≈ $4.42 Million |
-16.74% |
| 1998-06-30 | AU$7.50 Million ≈ $5.31 Million |
-0.04% |
| 1997-06-30 | AU$7.50 Million ≈ $5.31 Million |
+40.38% |
| 1996-06-30 | AU$5.35 Million ≈ $3.78 Million |
+7.70% |
| 1995-06-30 | AU$4.96 Million ≈ $3.51 Million |
+69.59% |
| 1994-06-30 | AU$2.93 Million ≈ $2.07 Million |
+106.86% |
| 1993-06-30 | AU$1.42 Million ≈ $1.00 Million |
+134.27% |
| 1992-06-30 | AU$604.00K ≈ $427.37K |
-17.82% |
| 1991-06-30 | AU$735.00K ≈ $520.06K |
-53.39% |
| 1990-06-30 | AU$1.58 Million ≈ $1.12 Million |
-58.20% |
| 1989-06-30 | AU$3.77 Million ≈ $2.67 Million |
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About Lakes Oil NL
Lakes Blue Energy NL, together with its subsidiaries, engages in the exploration of oil and gas properties. The company holds interests in petroleum and mineral exploration rights in Victoria, South Australia, and Queensland; Papua New Guinea; and the United States. The company was formerly known as Lakes Oil NL and changed its name to Lakes Blue Energy NL in March 2021. Lakes Blue Energy NL was … Read more