Adams Resources & Energy Inc
Adams Resources & Energy, Inc., through its subsidiaries, primarily engages in the marketing, transportation, terminalling, and storage of crude oil and other related products in the United States. The company operates through four segments: Crude Oil Marketing, Transportation, Pipeline and Storage, and Logistics and Repurposing. It purchases and sells crude oil to refiners and other customers pr… Read more
Adams Resources & Energy Inc (AE) - Total Assets
Latest total assets as of September 2024: $332.99 Million USD
Based on the latest financial reports, Adams Resources & Energy Inc (AE) holds total assets worth $332.99 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.
Adams Resources & Energy Inc - Total Assets Trend (1985–2023)
This chart illustrates how Adams Resources & Energy Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Adams Resources & Energy Inc - Asset Composition Analysis
Current Asset Composition (December 2023)
Adams Resources & Energy Inc's total assets of $332.99 Million consist of 64.3% current assets and 35.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 9.2% |
| Accounts Receivable | $164.29 Million | 45.5% |
| Inventory | $19.83 Million | 5.5% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $7.99 Million | 2.2% |
| Goodwill | $6.67 Million | 1.9% |
Asset Composition Trend (1985–2023)
This chart illustrates how Adams Resources & Energy Inc'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: Adams Resources & Energy Inc's current assets represent 64.3% of total assets in 2023, a decrease from 67.3% in 1985.
- Cash Position: Cash and equivalents constituted 9.2% of total assets in 2023, down from 15.4% in 1985.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, an increase from 0.0% in 1985.
- Asset Diversification: The largest asset category is accounts receivable at 45.5% of total assets.
Adams Resources & Energy Inc Competitors by Total Assets
Key competitors of Adams Resources & Energy Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shandong Shengli Co Ltd
SHE:000407
|
China | CN¥6.05 Billion |
|
Sinopec Shandong Taishan Petroleum Co Ltd
SHE:000554
|
China | CN¥1.77 Billion |
|
Jiangsu Gaoke Petrochemical Co
SHE:002778
|
China | CN¥905.01 Million |
|
Hankook Shell Oil
KO:002960
|
Korea | ₩188.72 Billion |
|
Mi Chang Oil
KO:003650
|
Korea | ₩512.60 Billion |
|
SK Discovery Co Ltd
KO:006125
|
Korea | ₩15.44 Trillion |
|
S-Oil Corp
KO:010950
|
Korea | ₩24.99 Trillion |
|
The LEADCORP Inc
KQ:012700
|
Korea | ₩1.05 Trillion |
Adams Resources & Energy Inc - 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 - Adams Resources & Energy Inc generates 7.60x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Adams Resources & Energy Inc generates $ 0.06 in net profit.
Adams Resources & Energy Inc - 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 | 1.04 | 1.09 | 1.55 |
| Quick Ratio | 0.89 | 0.98 | 1.38 |
| Cash Ratio | 0.00 | 0.06 | 0.00 |
| Working Capital | $7.68 Million | $ 22.18 Million | $ 87.75 Million |
Adams Resources & Energy Inc - Advanced Valuation Insights
This section examines the relationship between Adams Resources & Energy Inc'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 | 1.15 |
| Latest Market Cap to Assets Ratio | 0.23 |
| Asset Growth Rate (YoY) | -5.9% |
| Total Assets | $361.33 Million |
| Market Capitalization | $82.94 Million USD |
Valuation Analysis
Below Book Valuation: The market values Adams Resources & Energy Inc's assets below their book value (0.23 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Adams Resources & Energy Inc's assets decreased by 5.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Adams Resources & Energy Inc (1985–2023)
The table below shows the annual total assets of Adams Resources & Energy Inc from 1985 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $361.33 Million | -5.94% |
| 2022-12-31 | $384.16 Million | +2.52% |
| 2021-12-31 | $374.70 Million | +26.51% |
| 2020-12-31 | $296.19 Million | -10.47% |
| 2019-12-31 | $330.84 Million | +18.64% |
| 2018-12-31 | $278.87 Million | -1.36% |
| 2017-12-31 | $282.70 Million | +14.51% |
| 2016-12-31 | $246.87 Million | +1.50% |
| 2015-12-31 | $243.22 Million | -28.64% |
| 2014-12-31 | $340.81 Million | -23.94% |
| 2013-12-31 | $448.08 Million | +6.81% |
| 2012-12-31 | $419.50 Million | +10.73% |
| 2011-12-31 | $378.84 Million | +25.73% |
| 2010-12-31 | $301.31 Million | +20.81% |
| 2009-12-31 | $249.40 Million | +18.24% |
| 2008-12-31 | $210.93 Million | -40.93% |
| 2007-12-31 | $357.07 Million | +23.43% |
| 2006-12-31 | $289.29 Million | -7.48% |
| 2005-12-31 | $312.66 Million | +30.90% |
| 2004-12-31 | $238.85 Million | +13.60% |
| 2003-12-31 | $210.26 Million | +4.03% |
| 2002-12-31 | $202.12 Million | -10.97% |
| 2001-12-31 | $227.03 Million | -49.33% |
| 2000-12-31 | $448.04 Million | +52.92% |
| 1999-12-31 | $293.00 Million | +139.57% |
| 1998-12-31 | $122.30 Million | +7.00% |
| 1997-12-31 | $114.30 Million | +3.07% |
| 1996-12-31 | $110.90 Million | +37.94% |
| 1995-12-31 | $80.40 Million | +29.05% |
| 1994-12-31 | $62.30 Million | +23.86% |
| 1993-12-31 | $50.30 Million | -13.43% |
| 1992-12-31 | $58.10 Million | +182.04% |
| 1991-12-31 | $20.60 Million | +5.10% |
| 1990-12-31 | $19.60 Million | +7.10% |
| 1989-12-31 | $18.30 Million | +27.97% |
| 1988-12-31 | $14.30 Million | +5.15% |
| 1987-12-31 | $13.60 Million | -12.26% |
| 1986-12-31 | $15.50 Million | -38.98% |
| 1985-12-31 | $25.40 Million | -- |