Allied Resources Inc
Allied Resources, Inc., an independent oil and natural gas producer, engages in the exploration, development, production, and sale of oil and gas in the United States. It owns varying interests in a total of 145 wells situated on acreage of approximately 3,400 acres in Ritchie and Calhoun counties, West Virginia; and 10 wells situated on acreage of approximately 2,510 acres in Goliad, Edwards, an… Read more
Allied Resources Inc (ALOD) - Total Assets
Latest total assets as of March 2025: $2.44 Million USD
Based on the latest financial reports, Allied Resources Inc (ALOD) holds total assets worth $2.44 Million USD as of March 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.
Allied Resources Inc - Total Assets Trend (2004–2024)
This chart illustrates how Allied Resources Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Allied Resources Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Allied Resources Inc's total assets of $2.44 Million consist of 59.5% current assets and 40.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.1% |
| Accounts Receivable | $187.00 | 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 (2004–2024)
This chart illustrates how Allied 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: Allied Resources Inc's current assets represent 59.5% of total assets in 2024, an increase from 32.7% in 2004.
- Cash Position: Cash and equivalents constituted 1.1% of total assets in 2024, down from 26.8% in 2004.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2004.
- Asset Diversification: The largest asset category is accounts receivable at 0.0% of total assets.
Allied Resources Inc Competitors by Total Assets
Key competitors of Allied Resources Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Aker BP ASA
PINK:AKRBF
|
USA | $42.88 Billion |
|
Jadestone Energy plc
PINK:JDSEF
|
USA | $1.12 Billion |
|
Helium Evolution Incorporated
PINK:HEEVF
|
USA | $21.95 Million |
|
One Step Vending Corp
PINK:KOSK
|
USA | $578.00K |
|
Melbana Energy Ltd
AU:MAY
|
Australia | AU$80.17 Million |
|
Black Rock Petroleum Co
PINK:BKRP
|
USA | $1.39K |
|
West Texas Resources Inc
PINK:WTXR
|
USA | $150.96K |
|
Shanxi Blue Flame Holding Co Ltd
SHE:000968
|
China | CN¥11.13 Billion |
Allied 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 - Allied Resources Inc generates 0.07x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Allied Resources Inc is currently not profitable relative to its asset base.
Allied 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 | 7.53 | 10.98 | 40.69 |
| Quick Ratio | 7.53 | 10.98 | 40.69 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $1.26 Million | $ 1.41 Million | $ 955.45K |
Allied Resources Inc - Advanced Valuation Insights
This section examines the relationship between Allied 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 | - |
| Latest Market Cap to Assets Ratio | 0.18 |
| Asset Growth Rate (YoY) | -5.2% |
| Total Assets | $2.44 Million |
| Market Capitalization | $428.76K USD |
Valuation Analysis
Below Book Valuation: The market values Allied Resources Inc's assets below their book value (0.18 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Allied Resources Inc's assets decreased by 5.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Allied Resources Inc (2004–2024)
The table below shows the annual total assets of Allied Resources Inc from 2004 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $2.44 Million | -5.17% |
| 2023-12-31 | $2.57 Million | -5.78% |
| 2022-12-31 | $2.73 Million | -2.90% |
| 2021-12-31 | $2.81 Million | -4.64% |
| 2020-12-31 | $2.94 Million | -4.74% |
| 2019-12-31 | $3.09 Million | +11.81% |
| 2018-12-31 | $2.76 Million | +29.07% |
| 2017-12-31 | $2.14 Million | -7.64% |
| 2016-12-31 | $2.32 Million | -9.21% |
| 2015-12-31 | $2.55 Million | -8.56% |
| 2014-12-31 | $2.79 Million | -0.32% |
| 2013-12-31 | $2.80 Million | -0.23% |
| 2012-12-31 | $2.81 Million | -2.28% |
| 2011-12-31 | $2.87 Million | -26.01% |
| 2010-12-31 | $3.88 Million | +0.02% |
| 2009-12-31 | $3.88 Million | +0.76% |
| 2008-12-31 | $3.85 Million | +7.94% |
| 2007-12-31 | $3.57 Million | +4.29% |
| 2006-12-31 | $3.42 Million | +7.53% |
| 2005-12-31 | $3.18 Million | +64.84% |
| 2004-12-31 | $1.93 Million | -- |