Carbon Energy Corporation
Carbon Energy Corporation, an independent oil and natural gas company, engages in the development and production of oil- and natural-gas-producing properties in the Ventura Basin of California. The company was formerly known as Carbon Natural Gas Company and changed its name to Carbon Energy Corporation in June 2018. Carbon Energy Corporation is based in Lakewood, Colorado.
Carbon Energy Corporation (CRBO) - Total Assets
Latest total assets as of June 2020: $140.27 Million USD
Based on the latest financial reports, Carbon Energy Corporation (CRBO) holds total assets worth $140.27 Million USD as of June 2020.
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.
Carbon Energy Corporation - Total Assets Trend (1999–2019)
This chart illustrates how Carbon Energy Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Carbon Energy Corporation - Asset Composition Analysis
Current Asset Composition (December 2019)
Carbon Energy Corporation's total assets of $140.27 Million consist of 8.8% current assets and 91.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.3% |
| Accounts Receivable | $14.44 Million | 4.8% |
| Inventory | $2.51 Million | 0.8% |
| Property, Plant & Equipment | $269.10 Million | 90.2% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1999–2019)
This chart illustrates how Carbon Energy Corporation'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: Carbon Energy Corporation's current assets represent 8.8% of total assets in 2019, a decrease from 89.4% in 1999.
- Cash Position: Cash and equivalents constituted 0.3% of total assets in 2019, down from 89.0% 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 property, plant & equipment at 90.2% of total assets.
Carbon Energy Corporation Competitors by Total Assets
Key competitors of Carbon Energy Corporation 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 |
Carbon Energy Corporation - 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 - Carbon Energy Corporation generates 0.39x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Carbon Energy Corporation is currently not profitable relative to its asset base.
Carbon Energy Corporation - 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 | 1.12 | 0.57 | 0.48 |
| Quick Ratio | 1.08 | 0.54 | 0.45 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $1.67 Million | $ -20.55 Million | $ -3.41 Million |
Carbon Energy Corporation - Advanced Valuation Insights
This section examines the relationship between Carbon Energy Corporation'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 | 0.00 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -4.1% |
| Total Assets | $298.25 Million |
| Market Capitalization | $1.25K USD |
Valuation Analysis
Below Book Valuation: The market values Carbon Energy Corporation's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Carbon Energy Corporation's assets decreased by 4.1% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Carbon Energy Corporation (1999–2019)
The table below shows the annual total assets of Carbon Energy Corporation from 1999 to 2019.
| Year | Total Assets | Change |
|---|---|---|
| 2019-12-31 | $298.25 Million | -4.06% |
| 2018-12-31 | $310.89 Million | +418.07% |
| 2017-12-31 | $60.01 Million | +40.50% |
| 2016-12-31 | $42.71 Million | +30.59% |
| 2015-12-31 | $32.71 Million | -21.43% |
| 2014-12-31 | $41.63 Million | -10.97% |
| 2013-12-31 | $46.76 Million | +15.81% |
| 2012-12-31 | $40.38 Million | -30.60% |
| 2011-12-31 | $58.18 Million | +221208.48% |
| 2009-12-31 | $26.29K | -55.27% |
| 2008-12-31 | $58.77K | -35.84% |
| 2007-12-31 | $91.60K | -31.71% |
| 2006-12-31 | $134.13K | -37.07% |
| 2005-12-31 | $213.15K | -77.01% |
| 2004-12-31 | $926.95K | -6.96% |
| 2003-12-31 | $996.30K | -29.08% |
| 2002-12-31 | $1.40 Million | -12.21% |
| 2001-12-31 | $1.60 Million | +9.79% |
| 2000-12-31 | $1.46 Million | +29.79% |
| 1999-12-31 | $1.12 Million | -- |