Okmin Resources, Inc.
Okmin Resources, Inc. engages in the acquisition, exploration, and development of oil and gas properties, mineral rights, and other natural resource assets. The company's projects are located in Oklahoma and Kansas. The company was incorporated in 2020 and is based in Encino, California.
Okmin Resources, Inc. (OKMN) - Total Assets
Latest total assets as of December 2025: $73.42K USD
Based on the latest financial reports, Okmin Resources, Inc. (OKMN) holds total assets worth $73.42K USD as of December 2025.
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.
Okmin Resources, Inc. - Total Assets Trend (2021–2025)
This chart illustrates how Okmin Resources, Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Okmin Resources, Inc. - Asset Composition Analysis
Current Asset Composition (June 2025)
Okmin Resources, Inc.'s total assets of $73.42K consist of 8.6% current assets and 91.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 8.6% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2021–2025)
This chart illustrates how Okmin Resources, 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: Okmin Resources, Inc.'s current assets represent 8.6% of total assets in 2025, a decrease from 75.0% in 2021.
- Cash Position: Cash and equivalents constituted 8.6% of total assets in 2025, down from 68.8% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2021.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Okmin Resources, Inc. Competitors by Total Assets
Key competitors of Okmin Resources, 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 |
Okmin Resources, 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 - Okmin Resources, Inc. generates 0.17x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Okmin Resources, Inc. is currently not profitable relative to its asset base.
Okmin Resources, 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 | 0.00 | 0.09 | 3.32 |
| Quick Ratio | 0.00 | 0.09 | 3.32 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-655.88K | $ -609.88K | $ 293.99K |
Okmin Resources, Inc. - Advanced Valuation Insights
This section examines the relationship between Okmin Resources, 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 | 13.96 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -63.6% |
| Total Assets | $133.32K |
| Market Capitalization | $448.65 USD |
Valuation Analysis
Below Book Valuation: The market values Okmin Resources, Inc.'s assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Okmin Resources, Inc.'s assets decreased by 63.6% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Okmin Resources, Inc. (2021–2025)
The table below shows the annual total assets of Okmin Resources, Inc. from 2021 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-06-30 | $133.32K | -63.63% |
| 2024-06-30 | $366.62K | -59.96% |
| 2023-06-30 | $915.70K | +1.75% |
| 2022-06-30 | $899.91K | +124.60% |
| 2021-06-30 | $400.67K | -- |