Prominence Energy Ltd
Prominence Energy Ltd, together with its subsidiaries, explores for, develops, and produces oil and gas projects in Australia and the United States. It holds a 100% working interest in the Big Apple Gas Prospect located on the Outer Continental Shelf of the Gulf of Mexico in the United States; and a 12.5% interest in exploration permit WA-519-P located on the Northwest Shelf, Australia. Prominenc… Read more
Prominence Energy Ltd (PRM) - Total Assets
Latest total assets as of June 2025: AU$1.58 Million AUD
Based on the latest financial reports, Prominence Energy Ltd (PRM) holds total assets worth AU$1.58 Million AUD 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.
Prominence Energy Ltd - Total Assets Trend (1989–2025)
This chart illustrates how Prominence Energy Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Prominence Energy Ltd - Asset Composition Analysis
Current Asset Composition (June 2025)
Prominence Energy Ltd's total assets of AU$1.58 Million consist of 33.7% current assets and 66.3% non-current assets.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$0.00 | 26.3% |
| Accounts Receivable | AU$4.86K | 0.3% |
| 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 Prominence Energy 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Prominence Energy Ltd's current assets represent 33.7% of total assets in 2025, an increase from 11.2% in 1989.
- Cash Position: Cash and equivalents constituted 26.3% of total assets in 2025, up from 10.9% 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 0.3% of total assets.
Prominence Energy Ltd Competitors by Total Assets
Key competitors of Prominence Energy Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Bounty Oil & Gas NL
PINK:BYOGF
|
USA | $8.51 Million |
|
Shanxi Blue Flame Holding Co Ltd
SHE:000968
|
China | CN¥11.13 Billion |
|
Oriental Energy Co Ltd
SHE:002221
|
China | CN¥40.74 Billion |
|
P/F Atlantic Petroleum
CO:ATLA-DKK
|
Denmark | Dkr7.35 Million |
|
East West Minerals Ltd.
F:37A0
|
Germany | €4.02 Million |
|
Hibiscus Petroleum BHD
KLSE:5199
|
Malaysia | RM7.43 Billion |
|
Reach Energy Bhd
KLSE:5256
|
Malaysia | RM861.30 Million |
|
Geo-Jade Petroleum Corp
SHG:600759
|
China | CN¥12.56 Billion |
Prominence Energy Ltd - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Prominence Energy Ltd generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Prominence Energy Ltd is currently not profitable relative to its asset base.
Prominence Energy 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 | 4.18 | 2.62 | 0.03 |
| Quick Ratio | 4.18 | 2.41 | 0.03 |
| Cash Ratio | 3.26 | 2.24 | 0.00 |
| Working Capital | AU$404.61K | AU$ 818.99K | AU$ -3.35 Million |
Prominence Energy Ltd - Advanced Valuation Insights
This section examines the relationship between Prominence Energy 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 | 4.69 |
| Latest Market Cap to Assets Ratio | 0.70 |
| Asset Growth Rate (YoY) | -32.9% |
| Total Assets | AU$1.58 Million |
| Market Capitalization | $1.10 Million USD |
Valuation Analysis
Below Book Valuation: The market values Prominence Energy Ltd's assets below their book value (0.70 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Prominence Energy Ltd's assets decreased by 32.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Prominence Energy Ltd (1989–2025)
The table below shows the annual total assets of Prominence Energy Ltd from 1989 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-06-30 | AU$1.58 Million | -32.92% |
| 2024-06-30 | AU$2.35 Million | -71.11% |
| 2023-06-30 | AU$8.13 Million | -12.89% |
| 2022-06-30 | AU$9.33 Million | +125.11% |
| 2021-06-30 | AU$4.15 Million | +235.29% |
| 2020-06-30 | AU$1.24 Million | +39.87% |
| 2019-06-30 | AU$883.98K | +93899.43% |
| 2018-06-30 | AU$940.41 | +138.49% |
| 2017-06-30 | AU$394.32 | -70.76% |
| 2016-06-30 | AU$1.35K | -91.34% |
| 2015-06-30 | AU$15.58K | -71.37% |
| 2014-06-30 | AU$54.41K | -99.91% |
| 2013-06-30 | AU$63.26 Million | +245.93% |
| 2012-06-30 | AU$18.29 Million | +106.84% |
| 2011-06-30 | AU$8.84 Million | -43.21% |
| 2010-06-30 | AU$15.57 Million | -23.57% |
| 2009-06-30 | AU$20.37 Million | +21.21% |
| 2008-06-30 | AU$16.80 Million | -10.83% |
| 2007-06-30 | AU$18.84 Million | -2.41% |
| 2006-06-30 | AU$19.31 Million | +39.16% |
| 2005-06-30 | AU$13.88 Million | +22.46% |
| 2004-06-30 | AU$11.33 Million | -15.07% |
| 2003-06-30 | AU$13.34 Million | +67.31% |
| 2002-06-30 | AU$7.97 Million | +50.66% |
| 2001-06-30 | AU$5.29 Million | +43.96% |
| 2000-06-30 | AU$3.68 Million | -47.43% |
| 1999-06-30 | AU$6.99 Million | -3.67% |
| 1998-06-30 | AU$7.26 Million | +52.49% |
| 1997-06-30 | AU$4.76 Million | -7.33% |
| 1996-06-30 | AU$5.14 Million | +66.07% |
| 1995-06-30 | AU$3.09 Million | +9.80% |
| 1994-06-30 | AU$2.82 Million | +1430.98% |
| 1993-06-30 | AU$184.00K | -76.44% |
| 1992-06-30 | AU$781.00K | -90.01% |
| 1991-06-30 | AU$7.82 Million | +80.12% |
| 1990-06-30 | AU$4.34 Million | +51.03% |
| 1989-06-30 | AU$2.88 Million | -- |