CGX Energy Inc
CGX Energy Inc., engages in the exploring and evaluating petroleum and natural gas properties in the Guyana Suriname, South America. It holds interests in a petroleum prospecting licenses and petroleum agreements for Corentyne block in the Guyana Basin. The company also constructs and develops the Berbice Deep Water Port project in Guyana. CGX Energy Inc. was founded in 1997 and is headquartered … Read more
CGX Energy Inc (CGXEF) - Total Assets
Latest total assets as of September 2025: $21.28 Million USD
Based on the latest financial reports, CGX Energy Inc (CGXEF) holds total assets worth $21.28 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.
CGX Energy Inc - Total Assets Trend (1999–2024)
This chart illustrates how CGX Energy Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
CGX Energy Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
CGX Energy Inc's total assets of $21.28 Million consist of 3.1% current assets and 96.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 2.6% |
| Accounts Receivable | $221.38K | 0.3% |
| 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 (1999–2024)
This chart illustrates how CGX 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: CGX Energy Inc's current assets represent 3.1% of total assets in 2024, a decrease from 63.5% in 1999.
- Cash Position: Cash and equivalents constituted 2.6% of total assets in 2024, up from 0.0% in 1999.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1999.
- Asset Diversification: The largest asset category is accounts receivable at 0.3% of total assets.
CGX Energy Inc Competitors by Total Assets
Key competitors of CGX 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 |
CGX 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 - CGX 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 - CGX Energy Inc is currently not profitable relative to its asset base.
CGX 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 | 0.05 | 0.17 | 0.84 |
| Quick Ratio | 0.05 | 0.17 | 0.83 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-17.71 Million | $ -15.30 Million | $ -2.39 Million |
CGX Energy Inc - Advanced Valuation Insights
This section examines the relationship between CGX 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 | 20.76 |
| Latest Market Cap to Assets Ratio | 0.07 |
| Asset Growth Rate (YoY) | -6.6% |
| Total Assets | $79.30 Million |
| Market Capitalization | $5.67 Million USD |
Valuation Analysis
Below Book Valuation: The market values CGX Energy Inc's assets below their book value (0.07 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: CGX Energy Inc's assets decreased by 6.6% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for CGX Energy Inc (1999–2024)
The table below shows the annual total assets of CGX Energy Inc from 1999 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $79.30 Million | -6.57% |
| 2023-12-31 | $84.88 Million | -8.74% |
| 2022-12-31 | $93.01 Million | -30.62% |
| 2021-12-31 | $134.06 Million | +242.20% |
| 2020-12-31 | $39.18 Million | -1.89% |
| 2019-12-31 | $39.93 Million | +3.81% |
| 2018-12-31 | $38.47 Million | +16.46% |
| 2017-12-31 | $33.03 Million | +6.57% |
| 2016-12-31 | $30.99 Million | +2.27% |
| 2015-12-31 | $30.31 Million | -5.13% |
| 2014-12-31 | $31.94 Million | -42.07% |
| 2013-12-31 | $55.14 Million | +18.42% |
| 2012-12-31 | $46.57 Million | -72.69% |
| 2011-12-31 | $170.54 Million | +109.82% |
| 2010-12-31 | $81.28 Million | +85.87% |
| 2009-12-31 | $43.73 Million | -10.68% |
| 2008-12-31 | $48.95 Million | +7.17% |
| 2007-12-31 | $45.68 Million | +502.60% |
| 2006-12-31 | $7.58 Million | -38.33% |
| 2005-12-31 | $12.29 Million | -29.94% |
| 2004-12-31 | $17.54 Million | +172.74% |
| 2003-12-31 | $6.43 Million | +37.43% |
| 2002-12-31 | $4.68 Million | -4.50% |
| 2001-12-31 | $4.90 Million | +37.32% |
| 2000-12-31 | $3.57 Million | -10.31% |
| 1999-12-31 | $3.98 Million | -- |