American Noble Gas Inc.
American Noble Gas, Inc. focuses on the acquisition, exploration, and development of oil and natural gas resources. It has an option to acquire oil and gas properties in central Kansas covering an area of approximately 11,000 acres. The company was formerly known as Infinity Energy Resources, Inc. and changed its name to American Noble Gas, Inc. in October 2021. The company was incorporated in 19… Read more
American Noble Gas Inc. (AMNI) - Total Assets
Latest total assets as of September 2023: $1.35 Million USD
Based on the latest financial reports, American Noble Gas Inc. (AMNI) holds total assets worth $1.35 Million USD as of September 2023.
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.
American Noble Gas Inc. - Total Assets Trend (2019–2022)
This chart illustrates how American Noble Gas Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
American Noble Gas Inc. - Asset Composition Analysis
Current Asset Composition (December 2022)
American Noble Gas Inc.'s total assets of $1.35 Million consist of 5.6% current assets and 94.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.8% |
| Accounts Receivable | $47.42K | 3.8% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $88.69K | 7.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2019–2022)
This chart illustrates how American Noble Gas 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: American Noble Gas Inc.'s current assets represent 5.6% of total assets in 2022, a decrease from 100.0% in 2019.
- Cash Position: Cash and equivalents constituted 0.8% of total assets in 2022, down from 100.0% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2019.
- Asset Diversification: The largest asset category is property, plant & equipment at 7.0% of total assets.
American Noble Gas Inc. Competitors by Total Assets
Key competitors of American Noble Gas Inc. 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 |
American Noble Gas 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
Lower asset utilization - American Noble Gas Inc. generates 0.09x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - American Noble Gas Inc. is currently not profitable relative to its asset base.
American Noble Gas 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 | 0.04 | 0.01 | 0.11 |
| Quick Ratio | 0.04 | 0.01 | 0.11 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-4.02 Million | $ -3.61 Million | $ -2.23 Million |
American Noble Gas Inc. - Advanced Valuation Insights
This section examines the relationship between American Noble Gas 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 | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 14.0% |
| Total Assets | $1.26 Million |
| Market Capitalization | $2.11K USD |
Valuation Analysis
Below Book Valuation: The market values American Noble Gas Inc.'s assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: American Noble Gas Inc.'s assets grew by 14.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for American Noble Gas Inc. (2019–2022)
The table below shows the annual total assets of American Noble Gas Inc. from 2019 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-12-31 | $1.26 Million | +14.00% |
| 2021-12-31 | $1.11 Million | +1184.96% |
| 2020-12-31 | $86.04K | +4720.28% |
| 2019-12-31 | $1.78K | -- |