Porto Energy Corp
Porto Energy Corp., a development stage company, explores for crude oil and natural gas in Portugal. It holds a 100% working interests in seven concessions, including Aljubarrota-3, Torres Vedras-3, Sao Pedro de Muel-2, Cabo Mondego-2, Rio Maior-2, Zambujal, and Peniche covering an area of approximately 1.6 million net acres in Lusitanian Basin of Portugal. The company was founded in 1993 and is … Read more
Porto Energy Corp (PNRXF) - Total Assets
Latest total assets as of February 2014: $4.26 Million USD
Based on the latest financial reports, Porto Energy Corp (PNRXF) holds total assets worth $4.26 Million USD as of February 2014.
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.
Porto Energy Corp - Total Assets Trend (2010–2013)
This chart illustrates how Porto Energy Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Porto Energy Corp - Asset Composition Analysis
Current Asset Composition (August 2013)
Porto Energy Corp's total assets of $4.26 Million consist of 32.9% current assets and 67.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 29.8% |
| Accounts Receivable | $102.19K | 1.6% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $4.20 Million | 65.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2010–2013)
This chart illustrates how Porto Energy Corp'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: Porto Energy Corp's current assets represent 32.9% of total assets in 2013, an increase from 9.2% in 2010.
- Cash Position: Cash and equivalents constituted 29.8% of total assets in 2013, up from 8.3% in 2010.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2010.
- Asset Diversification: The largest asset category is property, plant & equipment at 65.0% of total assets.
Porto Energy Corp Competitors by Total Assets
Key competitors of Porto Energy Corp 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 |
Porto Energy Corp - 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 - Porto Energy Corp generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Porto Energy Corp is currently not profitable relative to its asset base.
Porto Energy Corp - 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 | 1.01 | 3.90 | 3.90 |
| Quick Ratio | 1.01 | 3.90 | 3.90 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $6.92K | $ 2.11 Million | $ 2.11 Million |
Porto Energy Corp - Advanced Valuation Insights
This section examines the relationship between Porto Energy Corp'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 | 0.01 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -80.5% |
| Total Assets | $6.47 Million |
| Market Capitalization | $0.91 USD |
Valuation Analysis
Below Book Valuation: The market values Porto Energy Corp's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Porto Energy Corp's assets decreased by 80.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Porto Energy Corp (2010–2013)
The table below shows the annual total assets of Porto Energy Corp from 2010 to 2013.
| Year | Total Assets | Change |
|---|---|---|
| 2013-08-31 | $6.47 Million | -80.50% |
| 2012-08-31 | $33.16 Million | -74.25% |
| 2011-08-31 | $128.76 Million | +223.99% |
| 2010-08-31 | $39.74 Million | -- |