Borealis Exploration Ltd
Borealis Exploration Limited, a technology development company, engages in inventing, patenting, developing, and acquiring new technologies. Its principal technologies include Chorus Meshcon, an electric motor/drive providing high torque at low speeds without compromising high-speed operation and performance; WheelTug, an aircraft electric drive system, which enables ircraft to drive forward and … Read more
Borealis Exploration Ltd (BOREF) - Total Assets
Latest total assets as of March 2022: $44.58 Million USD
Based on the latest financial reports, Borealis Exploration Ltd (BOREF) holds total assets worth $44.58 Million USD as of March 2022.
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.
Borealis Exploration Ltd - Total Assets Trend (2010–2024)
This chart illustrates how Borealis Exploration Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Borealis Exploration Ltd - Asset Composition Analysis
Current Asset Composition (September 2024)
Borealis Exploration Ltd's total assets of $44.58 Million consist of 9.3% current assets and 90.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.0% |
| 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 (2010–2024)
This chart illustrates how Borealis Exploration Ltd'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: Borealis Exploration Ltd's current assets represent 9.3% of total assets in 2024, an increase from 0.0% in 2010.
- Cash Position: Cash and equivalents constituted 0.0% of total assets in 2024, down from 2.5% in 2010.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 2.0% in 2010.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Borealis Exploration Ltd Competitors by Total Assets
Key competitors of Borealis Exploration Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
464680
KQ:464680
|
Korea | ₩31.23 Billion |
|
Cartesian Growth Corporation III Unit
NASDAQ:CGCTU
|
USA | $281.56 Million |
|
Azure Holding Group Corp
PINK:AZRH
|
USA | $16.92 Million |
|
Constellation Capital Corp.
V:CNST-P
|
Canada | CA$627.53K |
|
Little Fish Acquisition I Corp.
V:LILL-P
|
Canada | CA$56.48K |
|
Hana 30 Special Purpose Acquisition Company
KQ:469880
|
Korea | ₩17.89 Billion |
|
Chicane Capital I Corp.
V:CCIC-P
|
Canada | CA$199.07K |
|
Cuspis Capital II Ltd
V:CCII-P
|
Canada | CA$1.51 Million |
Borealis Exploration Ltd - 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 - Borealis Exploration Ltd 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 - Borealis Exploration Ltd is currently not profitable relative to its asset base.
Borealis Exploration Ltd - 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 | 1.24 | 1.22 | 0.20 |
| Quick Ratio | 2.48 | 2.44 | 0.20 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $8.65 Million | $ 7.93 Million | $ -4.37 Million |
Borealis Exploration Ltd - Advanced Valuation Insights
This section examines the relationship between Borealis Exploration Ltd'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 | 1.16 |
| Latest Market Cap to Assets Ratio | 0.26 |
| Asset Growth Rate (YoY) | -2.8% |
| Total Assets | $44.21 Million |
| Market Capitalization | $11.47 Million USD |
Valuation Analysis
Below Book Valuation: The market values Borealis Exploration Ltd's assets below their book value (0.26 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Borealis Exploration Ltd's assets decreased by 2.8% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Borealis Exploration Ltd (2010–2024)
The table below shows the annual total assets of Borealis Exploration Ltd from 2010 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-09-30 | $44.21 Million | -2.79% |
| 2023-09-30 | $45.48 Million | +1.27% |
| 2022-09-30 | $44.91 Million | +1.59% |
| 2021-09-30 | $44.20 Million | -0.36% |
| 2020-09-30 | $44.36 Million | -4.04% |
| 2019-09-30 | $46.23 Million | +122.19% |
| 2018-09-30 | $20.81 Million | +16.37% |
| 2017-09-30 | $17.88 Million | +16.18% |
| 2016-09-30 | $15.39 Million | +0.49% |
| 2016-06-30 | $15.32 Million | +0.99% |
| 2015-09-30 | $15.17 Million | +19.88% |
| 2014-09-30 | $12.65 Million | -13.67% |
| 2013-09-30 | $14.65 Million | +21.64% |
| 2012-09-30 | $12.05 Million | +60.22% |
| 2011-09-30 | $7.52 Million | -67.05% |
| 2010-09-30 | $22.82 Million | -- |