Seacrest Petroleo BV
Seacrest Petroleo Bermuda Limited, an independent oil and gas production company, engages in the redevelopment of midlife onshore producing oil and gas fields in Brazil. The company's assets are located in Espírito Santo, Brazil. Seacrest Petroleo Bermuda Limited was incorporated in 2019 and is headquartered in Hamilton, Bermuda.
Seacrest Petroleo BV (SEAPT) - Total Assets
Latest total assets as of September 2024: Nkr760.82 Million NOK
Based on the latest financial reports, Seacrest Petroleo BV (SEAPT) holds total assets worth Nkr760.82 Million NOK 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.
Seacrest Petroleo BV - Total Assets Trend (2019–2023)
This chart illustrates how Seacrest Petroleo BV’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Seacrest Petroleo BV - Asset Composition Analysis
Current Asset Composition (December 2023)
Seacrest Petroleo BV's total assets of Nkr760.82 Million consist of 12.1% current assets and 87.9% non-current assets.
| Asset Category | Amount (NOK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Nkr92.00K | 6.2% |
| Accounts Receivable | Nkr0.00 | 0.0% |
| Inventory | Nkr32.16 Million | 4.0% |
| Property, Plant & Equipment | Nkr120.48 Million | 14.9% |
| Intangible Assets | Nkr538.44 Million | 66.4% |
| Goodwill | Nkr0.00 | 0.0% |
Asset Composition Trend (2019–2023)
This chart illustrates how Seacrest Petroleo BV'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: Seacrest Petroleo BV's current assets represent 12.1% of total assets in 2023, a decrease from 100.0% in 2019.
- Cash Position: Cash and equivalents constituted 6.2% of total assets in 2023, down from 100.0% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 66.0% of total assets, an increase from 0.0% in 2019.
- Asset Diversification: The largest asset category is intangible assets at 66.4% of total assets.
Seacrest Petroleo BV Competitors by Total Assets
Key competitors of Seacrest Petroleo BV based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Bounty Oil & Gas NL
PINK:BYOGF
|
USA | $8.51 Million |
|
Shanxi Blue Flame Holding Co Ltd
SHE:000968
|
China | CN¥11.13 Billion |
|
Oriental Energy Co Ltd
SHE:002221
|
China | CN¥40.74 Billion |
|
P/F Atlantic Petroleum
CO:ATLA-DKK
|
Denmark | Dkr7.35 Million |
|
East West Minerals Ltd.
F:37A0
|
Germany | €4.02 Million |
|
Hibiscus Petroleum BHD
KLSE:5199
|
Malaysia | RM7.43 Billion |
|
Reach Energy Bhd
KLSE:5256
|
Malaysia | RM861.30 Million |
|
Geo-Jade Petroleum Corp
SHG:600759
|
China | CN¥12.56 Billion |
Seacrest Petroleo BV - 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
Lower asset utilization - Seacrest Petroleo BV generates 0.22x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Seacrest Petroleo BV is currently not profitable relative to its asset base.
Seacrest Petroleo BV - 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 | 0.46 | 0.89 | 3.60 |
| Quick Ratio | 0.29 | 0.39 | 3.60 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | Nkr-109.43 Million | Nkr -8.43 Million | Nkr 29.74 Million |
Seacrest Petroleo BV - Advanced Valuation Insights
This section examines the relationship between Seacrest Petroleo BV'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 | 0.17 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 273.4% |
| Total Assets | Nkr811.26 Million |
| Market Capitalization | $3.79 Million USD |
Valuation Analysis
Below Book Valuation: The market values Seacrest Petroleo BV's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Seacrest Petroleo BV's assets grew by 273.4% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Seacrest Petroleo BV (2019–2023)
The table below shows the annual total assets of Seacrest Petroleo BV from 2019 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | Nkr811.26 Million | +273.45% |
| 2022-12-31 | Nkr217.24 Million | +14.04% |
| 2021-12-31 | Nkr190.49 Million | +1445.05% |
| 2020-12-31 | Nkr12.33 Million | +490714.61% |
| 2019-12-31 | Nkr2.51K | -- |