Profire Ene
Profire Energy, Inc., a technology company, engages in the engineering and design of burner, and combustion management systems and solutions for natural and forced draft applications in the United States and Canada. It primarily focuses on the upstream, midstream, and downstream transmission segments of the oil and gas industry. The company also sells and installs its systems in South America, Eu… Read more
Profire Ene (PFIE) - Total Assets
Latest total assets as of September 2024: $69.60 Million USD
Based on the latest financial reports, Profire Ene (PFIE) holds total assets worth $69.60 Million USD as of September 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.
Profire Ene - Total Assets Trend (2004–2023)
This chart illustrates how Profire Ene’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Profire Ene - Asset Composition Analysis
Current Asset Composition (December 2023)
Profire Ene's total assets of $69.60 Million consist of 67.1% current assets and 32.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 16.2% |
| Accounts Receivable | $14.22 Million | 21.4% |
| Inventory | $14.06 Million | 21.2% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $1.10 Million | 1.7% |
| Goodwill | $2.58 Million | 3.9% |
Asset Composition Trend (2004–2023)
This chart illustrates how Profire Ene'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: Profire Ene's current assets represent 67.1% of total assets in 2023, an increase from 66.9% in 2004.
- Cash Position: Cash and equivalents constituted 16.2% of total assets in 2023, up from 9.7% in 2004.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, an increase from 0.0% in 2004.
- Asset Diversification: The largest asset category is accounts receivable at 21.4% of total assets.
Profire Ene Competitors by Total Assets
Key competitors of Profire Ene based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Xinjiang Zhundong Petroleum
SHE:002207
|
China | CN¥399.19 Million |
|
Yantai Jereh Oilfield Services Group Co Ltd
SHE:002353
|
China | CN¥38.08 Billion |
|
China Oil HBP Science & Technology Co Ltd
SHE:002554
|
China | CN¥5.76 Billion |
|
Zhejiang Renzhi Co Ltd
SHE:002629
|
China | CN¥269.97 Million |
|
Reservoir Link Energy Bhd
KLSE:0219
|
Malaysia | RM215.28 Million |
|
Ocean Vantage Holdings Bhd
KLSE:0220
|
Malaysia | RM108.28 Million |
|
Aker Solutions OL
F:1AKA
|
Germany | €38.35 Billion |
|
Prime Oil Chemical Service Corp
TW:2904
|
Taiwan | NT$1.82 Billion |
Profire Ene - 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
Strong asset utilization - Profire Ene generates 0.88x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Profire Ene generates $ 16.26 in net profit.
Profire Ene - 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 | 6.24 | 7.15 | 5.42 |
| Quick Ratio | 3.98 | 4.77 | 3.57 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $39.73 Million | $ 34.97 Million | $ 22.91 Million |
Profire Ene - Advanced Valuation Insights
This section examines the relationship between Profire Ene'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 | 1.90 |
| Latest Market Cap to Assets Ratio | 1.03 |
| Asset Growth Rate (YoY) | 22.9% |
| Total Assets | $66.29 Million |
| Market Capitalization | $68.16 Million USD |
Valuation Analysis
Above Book Valuation: The market values Profire Ene's assets above their book value (1.03 x), reflecting positive investor sentiment about the company's future prospects.
Rapid Asset Growth: Profire Ene's assets grew by 22.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Profire Ene (2004–2023)
The table below shows the annual total assets of Profire Ene from 2004 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $66.29 Million | +22.93% |
| 2022-12-31 | $53.93 Million | +12.26% |
| 2021-12-31 | $48.04 Million | -0.59% |
| 2020-12-31 | $48.32 Million | -7.51% |
| 2019-12-31 | $52.25 Million | +5.85% |
| 2018-12-31 | $49.36 Million | +2.82% |
| 2017-12-31 | $48.01 Million | +11.37% |
| 2016-12-31 | $43.11 Million | -7.92% |
| 2015-12-31 | $46.82 Million | -0.09% |
| 2014-12-31 | $46.86 Million | +89.32% |
| 2013-12-31 | $24.75 Million | +99.82% |
| 2012-12-31 | $12.39 Million | +22.32% |
| 2011-12-31 | $10.13 Million | +68.79% |
| 2010-12-31 | $6.00 Million | +164.35% |
| 2009-12-31 | $2.27 Million | 0.00% |
| 2008-12-31 | $2.27 Million | +1.89% |
| 2007-12-31 | $2.23 Million | +226.41% |
| 2006-12-31 | $682.35K | 0.00% |
| 2005-12-31 | $682.35K | -26.56% |
| 2004-12-31 | $929.08K | -- |