Prominence Energy Limited (RSX) - Total Assets
Based on the latest financial reports, Prominence Energy Limited (RSX) holds total assets worth €2.35 Million EUR (≈ $2.75 Million USD) as of June 2024. 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 Prominence Energy Limited to assess how comfortably operating cash covers total debt obligations.
Prominence Energy Limited - Total Assets Trend (2014–2024)
This chart illustrates how Prominence Energy Limited's total assets have evolved over time, based on quarterly financial data. See Prominence Energy Limited net assets for net asset value and shareholders' equity analysis.
Prominence Energy Limited - Asset Composition Analysis
Current Asset Composition (June 2024)
Prominence Energy Limited's total assets of €2.35 Million consist of 56.4% current assets and 43.6% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 48.1% |
| Accounts Receivable | €0.00 | 0.0% |
| Inventory | €0.00 | 0.0% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €0.00 | 0.0% |
| Goodwill | €0.00 | 0.0% |
Asset Composition Trend (2014–2024)
This chart illustrates how Prominence Energy Limited'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 Prominence Energy Limited (RSX) market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Prominence Energy Limited's current assets represent 56.4% of total assets in 2024, an increase from 10.9% in 2014.
- Cash Position: Cash and equivalents constituted 48.1% of total assets in 2024, up from 4.9% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2014.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Prominence Energy Limited Competitors by Total Assets
Key competitors of Prominence Energy Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Helium Evolution Inc
V:HEVI
|
Canada | CA$20.29 Million |
|
Aker BP ASA
OL:AKRBP
|
Norway | Nkr42.88 Billion |
|
ARC Resources Ltd.
TO:ARX
|
Canada | CA$14.18 Billion |
|
PrairieSky Royalty Ltd
TO:PSK
|
Canada | CA$3.16 Billion |
|
Murphy Oil Corporation
NYSE:MUR
|
USA | $10.04 Billion |
|
DELEK GP SP.ADR/1/01/O.N
F:6D40
|
Germany | €48.92 Billion |
|
Ithaca Energy PLC
LSE:ITH
|
UK | £12.10 Billion |
|
Comstock Resources Inc
NYSE:CRK
|
USA | $7.24 Billion |
Prominence Energy Limited - 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 | 2.62 | 1.24 | 0.05 |
| Quick Ratio | 2.62 | 1.24 | 0.05 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €818.99K | €145.09K | €-1.63 Million |
Prominence Energy Limited - Advanced Valuation Insights
This section examines the relationship between Prominence Energy Limited'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 | 2.84 |
| Latest Market Cap to Assets Ratio | 0.42 |
| Asset Growth Rate (YoY) | -71.1% |
| Total Assets | €2.35 Million |
| Market Capitalization | $991.80K USD |
Valuation Analysis
Below Book Valuation: The market values Prominence Energy Limited's assets below their book value (0.42x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Prominence Energy Limited's assets decreased by 71.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Prominence Energy Limited (2014–2024)
The table below shows the annual total assets of Prominence Energy Limited from 2014 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-06-30 | €2.35 Million ≈ $2.75 Million |
-71.11% |
| 2023-06-30 | €8.13 Million ≈ $9.50 Million |
-12.89% |
| 2022-06-30 | €9.33 Million ≈ $10.91 Million |
+125.11% |
| 2021-06-30 | €4.15 Million ≈ $4.85 Million |
+235.29% |
| 2020-06-30 | €1.24 Million ≈ $1.45 Million |
+39.87% |
| 2019-06-30 | €883.98K ≈ $1.03 Million |
-6.00% |
| 2018-06-30 | €940.41K ≈ $1.10 Million |
+138.49% |
| 2017-06-30 | €394.32K ≈ $461.00K |
-70.76% |
| 2016-06-30 | €1.35 Million ≈ $1.58 Million |
-91.34% |
| 2015-06-30 | €15.58 Million ≈ $18.21 Million |
-71.37% |
| 2014-06-30 | €54.41 Million ≈ $63.61 Million |
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About Prominence Energy Limited
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