APA Corporation (APA) - Total Assets
Based on the latest financial reports, APA Corporation (APA) holds total assets worth $18.08 Billion USD as of March 2026. 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 APA Corporation (APA) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
APA Corporation - Total Assets Trend (1985–2025)
This chart illustrates how APA Corporation's total assets have evolved over time, based on quarterly financial data. See APA book value for net asset value and shareholders' equity analysis.
APA Corporation - Asset Composition Analysis
Current Asset Composition (December 2025)
APA Corporation's total assets of $18.08 Billion consist of 11.2% current assets and 88.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 2.7% |
| Accounts Receivable | $1.06 Billion | 5.6% |
| Inventory | $351.00 Million | 1.9% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1985–2025)
This chart illustrates how APA Corporation'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 APA Corporation market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: APA Corporation's current assets represent 11.2% of total assets in 2025, a decrease from 18.2% in 1985.
- Cash Position: Cash and equivalents constituted 2.7% of total assets in 2025, down from 5.4% in 1985.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1985.
- Asset Diversification: The largest asset category is accounts receivable at 5.6% of total assets.
APA Corporation Competitors by Total Assets
Key competitors of APA Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Jade Gas Holdings Ltd
AU:JGH
|
Australia | AU$29.45 Million |
|
ARC Resources Ltd.
TO:ARX
|
Canada | CA$14.18 Billion |
|
Var Energi ASA
OL:VAR
|
Norway | Nkr265.88 Billion |
|
Tamarack Valley Energy Ltd
TO:TVE
|
Canada | CA$3.47 Billion |
|
Peyto Exploration&Development Corp
TO:PEY
|
Canada | CA$5.43 Billion |
|
Vista Energy S.A.B. de C.V.
BA:VIST
|
Argentina | AR$7.72 Billion |
|
Kosmos Energy Ltd
NYSE:KOS
|
USA | $4.78 Billion |
|
Cardinal Energy Ltd
TO:CJ
|
Canada | CA$1.40 Billion |
APA Corporation - 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 | 0.92 | 0.89 | 1.66 |
| Quick Ratio | 0.92 | 0.74 | 1.39 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-202.00 Million | $-317.00 Million | $1.17 Billion |
APA Corporation - Advanced Valuation Insights
This section examines the relationship between APA Corporation'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 | 1.95 |
| Latest Market Cap to Assets Ratio | 0.66 |
| Asset Growth Rate (YoY) | -2.0% |
| Total Assets | $19.00 Billion |
| Market Capitalization | $12.57 Billion USD |
Valuation Analysis
Below Book Valuation: The market values APA Corporation's assets below their book value (0.66x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: APA Corporation's assets decreased by 2.0% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for APA Corporation (1985–2025)
The table below shows the annual total assets of APA Corporation from 1985 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $19.00 Billion | -2.02% |
| 2024-12-31 | $19.39 Billion | +27.20% |
| 2023-12-31 | $15.24 Billion | +15.95% |
| 2022-12-31 | $13.15 Billion | -1.17% |
| 2021-12-31 | $13.30 Billion | +4.37% |
| 2020-12-31 | $12.75 Billion | -29.61% |
| 2019-12-31 | $18.11 Billion | -16.10% |
| 2018-12-31 | $21.58 Billion | -1.55% |
| 2017-12-31 | $21.92 Billion | -2.65% |
| 2016-12-31 | $22.52 Billion | +19.51% |
| 2015-12-31 | $18.84 Billion | -66.32% |
| 2014-12-31 | $55.95 Billion | -9.22% |
| 2013-12-31 | $61.64 Billion | +1.48% |
| 2012-12-31 | $60.74 Billion | +16.69% |
| 2011-12-31 | $52.05 Billion | +19.86% |
| 2010-12-31 | $43.42 Billion | +54.07% |
| 2009-12-31 | $28.19 Billion | -3.43% |
| 2008-12-31 | $29.19 Billion | +1.93% |
| 2007-12-31 | $28.63 Billion | +17.80% |
| 2006-12-31 | $24.31 Billion | +26.13% |
| 2005-12-31 | $19.27 Billion | +24.31% |
| 2004-12-31 | $15.50 Billion | +24.86% |
| 2003-12-31 | $12.42 Billion | +31.25% |
| 2002-12-31 | $9.46 Billion | +5.89% |
| 2001-12-31 | $8.93 Billion | +19.40% |
| 2000-12-31 | $7.48 Billion | +35.97% |
| 1999-12-31 | $5.50 Billion | +37.70% |
| 1998-12-31 | $4.00 Billion | -3.44% |
| 1997-12-31 | $4.14 Billion | +20.57% |
| 1996-12-31 | $3.43 Billion | +28.00% |
| 1995-12-31 | $2.68 Billion | +42.71% |
| 1994-12-31 | $1.88 Billion | +18.00% |
| 1993-12-31 | $1.59 Billion | +30.66% |
| 1992-12-31 | $1.22 Billion | +0.78% |
| 1991-12-31 | $1.21 Billion | +45.77% |
| 1990-12-31 | $829.60 Million | +8.53% |
| 1989-12-31 | $764.40 Million | +8.94% |
| 1988-12-31 | $701.70 Million | +39.14% |
| 1987-12-31 | $504.30 Million | -30.81% |
| 1986-12-31 | $728.90 Million | +35.89% |
| 1985-12-31 | $536.40 Million | -- |
About APA Corporation
APA Corporation, an independent energy company, explores for, develops, and produces natural gas, crude oil, and natural gas liquids. The company has oil and gas operations in the United States, Egypt, and North Sea. It also has exploration and appraisal activities in Suriname, as well as holds interests in projects located in Uruguay and internationally. APA Corporation was incorporated in 1954 … Read more