PetroShale Inc
Lucero Energy Corp., an independent oil company, engages in the acquisition, development, and production of oil-weighted assets in the Bakken and Three Forks formations in the Williston Basin area of North Dakota. The company was formerly known as PetroShale Inc. and changed its name to Lucero Energy Corp. in May 2022. Lucero Energy Corp. is headquartered in Calgary, Canada. As of March 7, 2025, … Read more
PetroShale Inc (PSHIF) - Total Assets
Latest total assets as of September 2024: $636.41 Million USD
Based on the latest financial reports, PetroShale Inc (PSHIF) holds total assets worth $636.41 Million USD 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.
PetroShale Inc - Total Assets Trend (2012–2023)
This chart illustrates how PetroShale Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
PetroShale Inc - Asset Composition Analysis
Current Asset Composition (December 2023)
PetroShale Inc's total assets of $636.41 Million consist of 19.2% current assets and 80.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 15.0% |
| Accounts Receivable | $16.81 Million | 2.8% |
| 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 (2012–2023)
This chart illustrates how PetroShale 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: PetroShale Inc's current assets represent 19.2% of total assets in 2023, an increase from 0.0% in 2012.
- Cash Position: Cash and equivalents constituted 15.0% of total assets in 2023, down from 16.6% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2012.
- Asset Diversification: The largest asset category is accounts receivable at 2.8% of total assets.
PetroShale Inc Competitors by Total Assets
Key competitors of PetroShale 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 |
PetroShale 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
Moderate asset utilization - PetroShale Inc generates 0.43x 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, PetroShale Inc generates $ 10.01 in net profit.
PetroShale 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 | 2.64 | 2.31 | 0.50 |
| Quick Ratio | 2.64 | 2.31 | 0.50 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $54.81 Million | $ 52.29 Million | $ -54.77 Million |
PetroShale Inc - Advanced Valuation Insights
This section examines the relationship between PetroShale 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 | 0.46 |
| Latest Market Cap to Assets Ratio | 0.12 |
| Asset Growth Rate (YoY) | -3.3% |
| Total Assets | $592.38 Million |
| Market Capitalization | $71.29 Million USD |
Valuation Analysis
Below Book Valuation: The market values PetroShale Inc's assets below their book value (0.12 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: PetroShale Inc's assets decreased by 3.3% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for PetroShale Inc (2012–2023)
The table below shows the annual total assets of PetroShale Inc from 2012 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $592.38 Million | -3.29% |
| 2022-12-31 | $612.53 Million | +9.76% |
| 2021-12-31 | $558.03 Million | +10.97% |
| 2020-12-31 | $502.88 Million | -16.02% |
| 2019-12-31 | $598.83 Million | +48.22% |
| 2018-12-31 | $404.02 Million | +89.46% |
| 2017-12-31 | $213.25 Million | +46.03% |
| 2016-12-31 | $146.03 Million | +13.60% |
| 2015-12-31 | $128.55 Million | +90.46% |
| 2014-12-31 | $67.49 Million | +421.96% |
| 2013-12-31 | $12.93 Million | +2.61% |
| 2012-12-31 | $12.60 Million | -- |