SeaBird Exploration Plc
SeaBird Exploration Plc, acquires and processes marine seismic data for the oil and gas industry in Europe, Africa, the Middle East, North and South America, and the Asia Pacific. It offers 2D seismic; and source vessels that provide conventional undershoot, 4D repeat survey, wide azimuth, push reverse, long-term charter and vessel management, in-house source modelling and environmental decay ana… Read more
SeaBird Exploration Plc (SBX) - Total Assets
Latest total assets as of December 2024: Nkr49.93 Million NOK
Based on the latest financial reports, SeaBird Exploration Plc (SBX) holds total assets worth Nkr49.93 Million NOK as of December 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.
SeaBird Exploration Plc - Total Assets Trend (2003–2024)
This chart illustrates how SeaBird Exploration Plc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
SeaBird Exploration Plc - Asset Composition Analysis
Current Asset Composition (December 2024)
SeaBird Exploration Plc's total assets of Nkr49.93 Million consist of 28.6% current assets and 71.4% non-current assets.
| Asset Category | Amount (NOK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Nkr0.00 | 8.1% |
| Accounts Receivable | Nkr6.71 Million | 13.4% |
| Inventory | Nkr378.00K | 0.8% |
| Property, Plant & Equipment | Nkr0.00 | 0.0% |
| Intangible Assets | Nkr0.00 | 0.0% |
| Goodwill | Nkr0.00 | 0.0% |
Asset Composition Trend (2003–2024)
This chart illustrates how SeaBird Exploration Plc'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: SeaBird Exploration Plc's current assets represent 28.6% of total assets in 2024, a decrease from 63.8% in 2003.
- Cash Position: Cash and equivalents constituted 8.1% of total assets in 2024, up from 1.9% in 2003.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2003.
- Asset Diversification: The largest asset category is accounts receivable at 13.4% of total assets.
SeaBird Exploration Plc Competitors by Total Assets
Key competitors of SeaBird Exploration Plc 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 |
SeaBird Exploration Plc - 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 - SeaBird Exploration Plc generates 0.71x 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, SeaBird Exploration Plc generates $ 13.46 in net profit.
SeaBird Exploration Plc - 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 | 1.45 | 1.01 | 0.85 |
| Quick Ratio | 1.42 | 0.93 | 0.79 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | Nkr4.46 Million | Nkr 138.00K | Nkr -5.16 Million |
SeaBird Exploration Plc - Advanced Valuation Insights
This section examines the relationship between SeaBird Exploration Plc'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 | 21.39 |
| Latest Market Cap to Assets Ratio | 0.46 |
| Asset Growth Rate (YoY) | -7.6% |
| Total Assets | Nkr49.93 Million |
| Market Capitalization | $23.16 Million USD |
Valuation Analysis
Below Book Valuation: The market values SeaBird Exploration Plc's assets below their book value (0.46 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: SeaBird Exploration Plc's assets decreased by 7.6% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for SeaBird Exploration Plc (2003–2024)
The table below shows the annual total assets of SeaBird Exploration Plc from 2003 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr49.93 Million | -7.58% |
| 2023-12-31 | Nkr54.02 Million | -17.98% |
| 2022-12-31 | Nkr65.87 Million | -5.74% |
| 2021-12-31 | Nkr69.88 Million | +10.32% |
| 2020-12-31 | Nkr63.34 Million | -10.63% |
| 2019-12-31 | Nkr70.87 Million | +21.47% |
| 2018-12-31 | Nkr58.35 Million | +41.46% |
| 2017-12-31 | Nkr41.25 Million | -42.90% |
| 2016-12-31 | Nkr72.23 Million | -32.34% |
| 2015-12-31 | Nkr106.76 Million | -24.28% |
| 2014-12-31 | Nkr140.99 Million | -25.35% |
| 2013-12-31 | Nkr188.85 Million | -4.32% |
| 2012-12-31 | Nkr197.37 Million | -9.99% |
| 2011-12-31 | Nkr219.28 Million | -38.91% |
| 2010-12-31 | Nkr358.98 Million | -16.60% |
| 2009-12-31 | Nkr430.42 Million | -2.48% |
| 2008-12-31 | Nkr441.37 Million | +3.90% |
| 2007-12-31 | Nkr424.80 Million | +45.04% |
| 2006-12-31 | Nkr292.89 Million | +400.73% |
| 2005-12-31 | Nkr58.49 Million | +159.32% |
| 2004-12-31 | Nkr22.56 Million | +80.16% |
| 2003-12-31 | Nkr12.52 Million | -- |