Arkanova Energy Corporation
Arkanova Energy Corporation operates as a junior producing oil and gas company in the United States. It engages in the acquisition, exploration, and development of prospective oil and gas properties; and hold mineral leases in leasehold interests located in Pondera and Glacier Counties, Montana. The company is headquartered in Austin, Texas.
Arkanova Energy Corporation (AKVA) - Total Assets
Latest total assets as of September 2016: $567.84K USD
Based on the latest financial reports, Arkanova Energy Corporation (AKVA) holds total assets worth $567.84K USD as of September 2016.
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.
Arkanova Energy Corporation - Total Assets Trend (2003–2016)
This chart illustrates how Arkanova Energy Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Arkanova Energy Corporation - Asset Composition Analysis
Current Asset Composition (September 2016)
Arkanova Energy Corporation's total assets of $567.84K consist of 36.1% current assets and 63.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 13.2% |
| Accounts Receivable | $54.66K | 9.6% |
| Inventory | $61.45K | 10.8% |
| Property, Plant & Equipment | $197.21K | 34.7% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2003–2016)
This chart illustrates how Arkanova Energy Corporation'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: Arkanova Energy Corporation's current assets represent 36.1% of total assets in 2016, a decrease from 100.0% in 2003.
- Cash Position: Cash and equivalents constituted 13.2% of total assets in 2016, down from 100.0% in 2003.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2003.
- Asset Diversification: The largest asset category is property, plant & equipment at 34.7% of total assets.
Arkanova Energy Corporation Competitors by Total Assets
Key competitors of Arkanova Energy Corporation 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 |
Arkanova Energy Corporation - 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 - Arkanova Energy Corporation generates 0.62x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Arkanova Energy Corporation is currently not profitable relative to its asset base.
Arkanova Energy Corporation - 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 | 0.05 | 0.85 | 0.06 |
| Quick Ratio | 0.05 | 0.85 | 0.06 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-3.84 Million | $ -533.55K | $ -7.64 Million |
Arkanova Energy Corporation - Advanced Valuation Insights
This section examines the relationship between Arkanova Energy Corporation'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 | 0.01 |
| Asset Growth Rate (YoY) | -84.5% |
| Total Assets | $567.84K |
| Market Capitalization | $4.92K USD |
Valuation Analysis
Below Book Valuation: The market values Arkanova Energy Corporation's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Arkanova Energy Corporation's assets decreased by 84.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Arkanova Energy Corporation (2003–2016)
The table below shows the annual total assets of Arkanova Energy Corporation from 2003 to 2016.
| Year | Total Assets | Change |
|---|---|---|
| 2016-09-30 | $567.84K | -84.46% |
| 2015-09-30 | $3.65 Million | +44.66% |
| 2014-09-30 | $2.53 Million | +4.05% |
| 2013-09-30 | $2.43 Million | -0.77% |
| 2012-09-30 | $2.45 Million | -22.00% |
| 2011-09-30 | $3.14 Million | -34.70% |
| 2010-09-30 | $4.80 Million | -67.56% |
| 2009-09-30 | $14.80 Million | -36.12% |
| 2008-09-30 | $23.17 Million | +75.86% |
| 2007-09-30 | $13.17 Million | +32251.87% |
| 2006-09-30 | $40.72K | +554.03% |
| 2005-09-30 | $6.23K | -72.75% |
| 2004-09-30 | $22.85K | 0.00% |
| 2003-09-30 | $22.85K | -- |