Chesapeake Granite Wash Trust
Chesapeake Granite Wash Trust owns royalty interests in oil, natural gas liquids, and natural gas properties located in the Washita County, Oklahoma. The company has royalty interests in 69 producing wells and 118 development wells. Chesapeake Granite Wash Trust was incorporated in 2011 and is based in Houston, Texas. Chesapeake Granite Wash Trust is a subsidiary of Diversified Production LLC.
Chesapeake Granite Wash Trust (CHKR) - Total Assets
Latest total assets as of June 2025: $9.69 Million USD
Based on the latest financial reports, Chesapeake Granite Wash Trust (CHKR) holds total assets worth $9.69 Million USD as of June 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.
Chesapeake Granite Wash Trust - Total Assets Trend (2011–2023)
This chart illustrates how Chesapeake Granite Wash Trust’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Chesapeake Granite Wash Trust - Asset Composition Analysis
Current Asset Composition (December 2023)
Chesapeake Granite Wash Trust's total assets of $9.69 Million consist of 26.3% current assets and 73.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 26.3% |
| 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 (2011–2023)
This chart illustrates how Chesapeake Granite Wash Trust'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: Chesapeake Granite Wash Trust's current assets represent 26.3% of total assets in 2023, an increase from 0.3% in 2011.
- Cash Position: Cash and equivalents constituted 26.3% of total assets in 2023, up from 0.3% 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 goodwill at 0.0% of total assets.
Chesapeake Granite Wash Trust Competitors by Total Assets
Key competitors of Chesapeake Granite Wash Trust 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 |
Chesapeake Granite Wash Trust - 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
Strong asset utilization - Chesapeake Granite Wash Trust generates 1.05x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Chesapeake Granite Wash Trust generates $ 78.87 in net profit.
Chesapeake Granite Wash Trust - 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 | 4.80 | 0.11 | 0.16 |
| Quick Ratio | 4.80 | 0.11 | 0.16 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $1.04 Million | $ -8.86 Million | $ -6.03 Million |
Chesapeake Granite Wash Trust - Advanced Valuation Insights
This section examines the relationship between Chesapeake Granite Wash Trust'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 | 1.94 |
| Latest Market Cap to Assets Ratio | 1.01 |
| Asset Growth Rate (YoY) | -5.7% |
| Total Assets | $10.20 Million |
| Market Capitalization | $10.35 Million USD |
Valuation Analysis
Above Book Valuation: The market values Chesapeake Granite Wash Trust's assets above their book value (1.01 x), reflecting positive investor sentiment about the company's future prospects.
Significant Asset Reduction: Chesapeake Granite Wash Trust's assets decreased by 5.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Chesapeake Granite Wash Trust (2011–2023)
The table below shows the annual total assets of Chesapeake Granite Wash Trust from 2011 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $10.20 Million | -5.71% |
| 2022-12-31 | $10.82 Million | -3.72% |
| 2021-12-31 | $11.24 Million | -14.51% |
| 2020-12-31 | $13.15 Million | -39.71% |
| 2019-12-31 | $21.80 Million | -10.55% |
| 2018-12-31 | $24.38 Million | -14.08% |
| 2017-12-31 | $28.37 Million | -11.17% |
| 2016-12-31 | $31.94 Million | -49.62% |
| 2015-12-31 | $63.39 Million | -75.30% |
| 2014-12-31 | $256.60 Million | -19.38% |
| 2013-12-31 | $318.29 Million | -25.91% |
| 2012-12-31 | $429.62 Million | -11.17% |
| 2011-12-31 | $483.66 Million | -- |