Commerce Energy Group Inc
Commerce Energy Group Inc. through its subsidiaries provides electric power and natural gas to residential, commercial, industrial and institutional customers in California, Pennsylvania, Michigan, Maryland, New Jersey, Texas, Florida, Georgia, Nevada, and Ohio. The company was founded in 1997 and is based in Costa Mesa, California.
Commerce Energy Group Inc (CMNR) - Total Assets
Latest total assets as of April 2009: $225.00K USD
Based on the latest financial reports, Commerce Energy Group Inc (CMNR) holds total assets worth $225.00K USD as of April 2009.
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.
Commerce Energy Group Inc - Total Assets Trend (2000–2008)
This chart illustrates how Commerce Energy Group Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Commerce Energy Group Inc - Asset Composition Analysis
Current Asset Composition (July 2008)
Commerce Energy Group Inc's total assets of $225.00K consist of 88.9% current assets and 11.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 4.1% |
| Accounts Receivable | $82.42 Million | 67.5% |
| Inventory | $7.72 Million | 6.3% |
| Property, Plant & Equipment | $8.01 Million | 6.6% |
| Intangible Assets | $3.98 Million | 3.3% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2000–2008)
This chart illustrates how Commerce Energy Group 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: Commerce Energy Group Inc's current assets represent 88.9% of total assets in 2008, an increase from 0.0% in 2000.
- Cash Position: Cash and equivalents constituted 4.1% of total assets in 2008, up from 0.0% in 2000.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, an increase from 0.0% in 2000.
- Asset Diversification: The largest asset category is accounts receivable at 67.5% of total assets.
Commerce Energy Group Inc Competitors by Total Assets
Key competitors of Commerce Energy Group Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenyang Huitian Thermal Power Co Ltd
SHE:000692
|
China | CN¥5.27 Billion |
|
Chubu Electric Power Company Incorporated
F:0C2
|
Germany | €7.41 Trillion |
|
Malakoff Corporation Bhd
KLSE:5264
|
Malaysia | RM18.23 Billion |
|
Shenyang Jinshan Energy Co Ltd
SHG:600396
|
China | CN¥14.03 Billion |
|
Fujian Funeng Co Ltd
SHG:600483
|
China | CN¥53.23 Billion |
|
Xinjiang Tianfu Energy Co Ltd
SHG:600509
|
China | CN¥30.50 Billion |
|
Shenergy Co Ltd
SHG:600642
|
China | CN¥109.16 Billion |
|
Hunan Chen Dian International Development Co Ltd
SHG:600969
|
China | CN¥14.28 Billion |
Commerce Energy Group 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
Strong asset utilization - Commerce Energy Group Inc generates 3.77x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Commerce Energy Group Inc is currently not profitable relative to its asset base.
Commerce Energy Group 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 | 1.32 | 1.84 | 2.58 |
| Quick Ratio | 1.23 | 1.72 | 2.58 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $26.29 Million | $ 38.86 Million | $ 58.10 Million |
Commerce Energy Group Inc - Advanced Valuation Insights
This section examines the relationship between Commerce Energy Group 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 | 0.00 |
| Asset Growth Rate (YoY) | 4.7% |
| Total Assets | $122.03 Million |
| Market Capitalization | $0.94 USD |
Valuation Analysis
Below Book Valuation: The market values Commerce Energy Group Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Commerce Energy Group Inc's assets grew by 4.7% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Commerce Energy Group Inc (2000–2008)
The table below shows the annual total assets of Commerce Energy Group Inc from 2000 to 2008.
| Year | Total Assets | Change |
|---|---|---|
| 2008-07-31 | $122.03 Million | +4.68% |
| 2007-07-31 | $116.58 Million | +17.66% |
| 2006-07-31 | $99.08 Million | -3.46% |
| 2005-07-31 | $102.63 Million | -7.39% |
| 2004-07-31 | $110.82 Million | -11.95% |
| 2003-07-31 | $125.87 Million | +24.34% |
| 2002-07-31 | $101.23 Million | -5.41% |
| 2001-07-31 | $107.02 Million | +201.93% |
| 2000-07-31 | $35.44 Million | -- |