Santos Ltd (STO) - Total Assets
Based on the latest financial reports, Santos Ltd (STO) holds total assets worth AU$32.05 Billion AUD (≈ $22.68 Billion 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. Explore debt repayment capacity of Santos Ltd to assess how comfortably operating cash covers total debt obligations.
Santos Ltd - Total Assets Trend (1987–2025)
This chart illustrates how Santos Ltd's total assets have evolved over time, based on quarterly financial data. See net assets of Santos Ltd for net asset value and shareholders' equity analysis.
Santos Ltd - Asset Composition Analysis
Current Asset Composition (December 2025)
Santos Ltd's total assets of AU$32.05 Billion consist of 9.2% current assets and 90.8% non-current assets.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$0.00 | 5.4% |
| Accounts Receivable | AU$741.50 Million | 2.3% |
| Inventory | AU$386.26 Million | 1.2% |
| Property, Plant & Equipment | AU$24.67 Billion | 77.0% |
| Intangible Assets | AU$59.04 Million | 0.2% |
| Goodwill | AU$1.25 Billion | 3.9% |
Asset Composition Trend (1987–2025)
This chart illustrates how Santos 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 market value of Santos Ltd.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Santos Ltd's current assets represent 9.2% of total assets in 2025, a decrease from 14.0% in 1987.
- Cash Position: Cash and equivalents constituted 5.4% of total assets in 2025, down from 8.9% in 1987.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, a decrease from 6.0% in 1987.
- Asset Diversification: The largest asset category is property, plant & equipment at 77.0% of total assets.
Santos Ltd Competitors by Total Assets
Key competitors of Santos Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
EQT Corporation
NYSE:EQT
|
USA | $41.69 Billion |
|
Tourmaline Oil Corp.
TO:TOU
|
Canada | CA$23.06 Billion |
|
Whitecap Resources Inc.
TO:WCP
|
Canada | CA$19.67 Billion |
|
EOG Resources Inc
NYSE:EOG
|
USA | $52.20 Billion |
|
MEG Energy Corp
TO:MEG
|
Canada | CA$6.98 Billion |
|
PTT Exploration and Production Public Company Limited
BK:PTTEP
|
Thailand | ฿987.92 Billion |
|
Shandong Xinchao Energy Co Ltd
SHG:600777
|
China | CN¥34.48 Billion |
|
Ithaca Energy PLC
LSE:ITH
|
UK | £12.10 Billion |
Santos 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 | 1.53 | 1.32 | 1.76 |
| Quick Ratio | 1.33 | 1.14 | 1.57 |
| Cash Ratio | 0.00 | 0.00 | 0.66 |
| Working Capital | AU$1.02 Billion | AU$773.00 Million | AU$1.51 Billion |
Santos Ltd - Advanced Valuation Insights
This section examines the relationship between Santos 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 | 1.13 |
| Latest Market Cap to Assets Ratio | 0.56 |
| Asset Growth Rate (YoY) | 8.2% |
| Total Assets | AU$32.05 Billion |
| Market Capitalization | $18.04 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Santos Ltd's assets below their book value (0.56x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Santos Ltd's assets grew by 8.2% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Santos Ltd (1987–2025)
The table below shows the annual total assets of Santos Ltd from 1987 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | AU$32.05 Billion ≈ $22.68 Billion |
+8.15% |
| 2024-12-31 | AU$29.63 Billion ≈ $20.97 Billion |
-0.41% |
| 2023-12-31 | AU$29.76 Billion ≈ $21.05 Billion |
+3.12% |
| 2022-12-31 | AU$28.86 Billion ≈ $20.42 Billion |
-6.98% |
| 2021-12-31 | AU$31.02 Billion ≈ $21.95 Billion |
+75.70% |
| 2020-12-31 | AU$17.66 Billion ≈ $12.49 Billion |
+6.95% |
| 2019-12-31 | AU$16.51 Billion ≈ $11.68 Billion |
-3.65% |
| 2018-12-31 | AU$17.13 Billion ≈ $12.12 Billion |
+25.01% |
| 2017-12-31 | AU$13.71 Billion ≈ $9.70 Billion |
-10.20% |
| 2016-12-31 | AU$15.26 Billion ≈ $10.80 Billion |
-4.40% |
| 2015-12-31 | AU$15.96 Billion ≈ $11.30 Billion |
-12.67% |
| 2014-12-31 | AU$18.28 Billion ≈ $12.94 Billion |
-0.54% |
| 2013-12-31 | AU$18.38 Billion ≈ $13.01 Billion |
+3.86% |
| 2012-12-31 | AU$17.70 Billion ≈ $12.52 Billion |
+9.50% |
| 2011-12-31 | AU$16.16 Billion ≈ $11.44 Billion |
+15.58% |
| 2010-12-31 | AU$13.98 Billion ≈ $9.89 Billion |
+37.02% |
| 2009-12-31 | AU$10.21 Billion ≈ $7.22 Billion |
+48.90% |
| 2008-12-31 | AU$6.85 Billion ≈ $4.85 Billion |
+6.78% |
| 2007-12-31 | AU$6.42 Billion ≈ $4.54 Billion |
+17.88% |
| 2006-12-31 | AU$5.45 Billion ≈ $3.85 Billion |
+20.11% |
| 2005-12-31 | AU$4.53 Billion ≈ $3.21 Billion |
-2.45% |
| 2004-12-31 | AU$4.65 Billion ≈ $3.29 Billion |
+18.34% |
| 2003-12-31 | AU$3.93 Billion ≈ $2.78 Billion |
+31.60% |
| 2002-12-31 | AU$2.98 Billion ≈ $2.11 Billion |
+15.80% |
| 2001-12-31 | AU$2.58 Billion ≈ $1.82 Billion |
-0.71% |
| 2000-12-31 | AU$2.60 Billion ≈ $1.84 Billion |
+0.48% |
| 1998-12-31 | AU$2.58 Billion ≈ $1.83 Billion |
-1.61% |
| 1997-12-31 | AU$2.63 Billion ≈ $1.86 Billion |
+20.98% |
| 1995-12-31 | AU$2.17 Billion ≈ $1.54 Billion |
-3.43% |
| 1994-12-31 | AU$2.25 Billion ≈ $1.59 Billion |
+17.20% |
| 1993-12-31 | AU$1.92 Billion ≈ $1.36 Billion |
-1.84% |
| 1992-12-31 | AU$1.95 Billion ≈ $1.38 Billion |
-8.16% |
| 1991-12-31 | AU$2.13 Billion ≈ $1.50 Billion |
-6.97% |
| 1990-12-31 | AU$2.29 Billion ≈ $1.62 Billion |
-1.15% |
| 1989-12-31 | AU$2.31 Billion ≈ $1.64 Billion |
-2.24% |
| 1987-12-31 | AU$2.37 Billion ≈ $1.67 Billion |
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About Santos Ltd
Santos Limited explores, develops, produces, transports, and markets hydrocarbons in Australia and Papua New Guinea. The company's assets are located in the Alaska, Cooper Basin, Queensland and New South Wales, Papua New Guinea, Northern Australia, Timor-Leste and Western Australia. It also engages in the development of decarbonization technologies. In addition, the company produces crude oil, li… Read more