Avanti Energy Inc
Avanti Helium Corp. engages in the acquisition, exploration, development, and evaluation of helium properties in Canada and the United States. Its principal project is the Greater Knappen project, which covers an area of approximately 81,054 acres located in the Southern Alberta and Northwestern Montana. The company was formerly known as Avanti Energy Inc. and changed its name to Avanti Helium Co… Read more
Avanti Energy Inc (ARGYF) - Total Assets
Latest total assets as of September 2025: $25.58 Million USD
Based on the latest financial reports, Avanti Energy Inc (ARGYF) holds total assets worth $25.58 Million USD as of September 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.
Avanti Energy Inc - Total Assets Trend (2011–2024)
This chart illustrates how Avanti Energy Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Avanti Energy Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Avanti Energy Inc's total assets of $25.58 Million consist of 1.9% current assets and 98.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.4% |
| Accounts Receivable | $331.76K | 1.2% |
| 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 (2011–2024)
This chart illustrates how Avanti Energy 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: Avanti Energy Inc's current assets represent 1.9% of total assets in 2024, a decrease from 83.7% in 2011.
- Cash Position: Cash and equivalents constituted 0.4% of total assets in 2024, down from 78.3% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2011.
- Asset Diversification: The largest asset category is accounts receivable at 1.2% of total assets.
Avanti Energy Inc Competitors by Total Assets
Key competitors of Avanti Energy 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 |
Avanti Energy 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 - Avanti Energy Inc generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Avanti Energy Inc is currently not profitable relative to its asset base.
Avanti Energy 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 | 0.73 | 0.19 | 120.09 |
| Quick Ratio | 0.73 | 0.19 | 120.28 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-408.33K | $ -1.40 Million | $ 1.77 Million |
Avanti Energy Inc - Advanced Valuation Insights
This section examines the relationship between Avanti Energy 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 | 1.13 |
| Latest Market Cap to Assets Ratio | 0.29 |
| Asset Growth Rate (YoY) | -3.6% |
| Total Assets | $27.61 Million |
| Market Capitalization | $8.05 Million USD |
Valuation Analysis
Below Book Valuation: The market values Avanti Energy Inc's assets below their book value (0.29 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Avanti Energy Inc's assets decreased by 3.6% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Avanti Energy Inc (2011–2024)
The table below shows the annual total assets of Avanti Energy Inc from 2011 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $27.61 Million | -3.55% |
| 2023-12-31 | $28.63 Million | -5.66% |
| 2022-12-31 | $30.35 Million | +77.86% |
| 2021-12-31 | $17.06 Million | +856.05% |
| 2020-12-31 | $1.78 Million | +295.27% |
| 2019-12-31 | $451.47K | +12.65% |
| 2018-12-31 | $400.77K | -92.72% |
| 2017-12-31 | $5.50 Million | +8.95% |
| 2016-12-31 | $5.05 Million | +6.04% |
| 2015-12-31 | $4.76 Million | +85.30% |
| 2014-12-31 | $2.57 Million | +1.87% |
| 2013-12-31 | $2.52 Million | +234.12% |
| 2012-12-31 | $755.12K | +251.33% |
| 2011-12-31 | $214.93K | -- |