Canadian Spirit Resources Inc
Canadian Spirit Resources Inc., a natural resources company, identifies and develops opportunities in the unconventional natural gas sector in Canada. It primarily develops the Montney Formation natural gas and natural gas liquids resource play in the Farrell Creek Montney area of Northeastern British Columbia. The company was formerly known as Spirit Energy Corp. and changed its name to Canadian… Read more
Canadian Spirit Resources Inc (CSPUF) - Total Assets
Latest total assets as of September 2025: $11.36 Million USD
Based on the latest financial reports, Canadian Spirit Resources Inc (CSPUF) holds total assets worth $11.36 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.
Canadian Spirit Resources Inc - Total Assets Trend (2000–2024)
This chart illustrates how Canadian Spirit Resources Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Canadian Spirit Resources Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Canadian Spirit Resources Inc's total assets of $11.36 Million consist of 16.8% current assets and 83.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 16.3% |
| Accounts Receivable | $40.79K | 0.1% |
| 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 (2000–2024)
This chart illustrates how Canadian Spirit Resources 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: Canadian Spirit Resources Inc's current assets represent 16.8% of total assets in 2024, an increase from 0.0% in 2000.
- Cash Position: Cash and equivalents constituted 16.3% of total assets in 2024, up from 0.0% in 2000.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2000.
- Asset Diversification: The largest asset category is accounts receivable at 0.1% of total assets.
Canadian Spirit Resources Inc Competitors by Total Assets
Key competitors of Canadian Spirit Resources Inc 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 |
Canadian Spirit Resources 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 - Canadian Spirit Resources 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 - Canadian Spirit Resources Inc is currently not profitable relative to its asset base.
Canadian Spirit Resources 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 | 46.16 | 10.87 | 1.52 |
| Quick Ratio | 46.16 | 10.87 | 1.52 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $4.31 Million | $ 4.98 Million | $ 464.26K |
Canadian Spirit Resources Inc - Advanced Valuation Insights
This section examines the relationship between Canadian Spirit Resources 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 | 0.07 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | -2.5% |
| Total Assets | $29.18 Million |
| Market Capitalization | $432.27K USD |
Valuation Analysis
Below Book Valuation: The market values Canadian Spirit Resources Inc's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Canadian Spirit Resources Inc's assets decreased by 2.5% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Canadian Spirit Resources Inc (2000–2024)
The table below shows the annual total assets of Canadian Spirit Resources Inc from 2000 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $29.18 Million | -2.48% |
| 2023-12-31 | $29.92 Million | -23.81% |
| 2022-12-31 | $39.27 Million | +0.71% |
| 2021-12-31 | $39.00 Million | -0.34% |
| 2020-12-31 | $39.13 Million | +1.39% |
| 2019-12-31 | $38.60 Million | -3.99% |
| 2018-12-31 | $40.20 Million | -12.65% |
| 2017-12-31 | $46.02 Million | +0.77% |
| 2016-12-31 | $45.67 Million | -37.96% |
| 2015-12-31 | $73.62 Million | +0.11% |
| 2014-12-31 | $73.54 Million | +9.98% |
| 2013-12-31 | $66.87 Million | +7.27% |
| 2012-12-31 | $62.34 Million | -0.94% |
| 2011-12-31 | $62.93 Million | -29.58% |
| 2010-12-31 | $89.36 Million | +97.91% |
| 2009-12-31 | $45.16 Million | -5.01% |
| 2008-12-31 | $47.54 Million | +22.68% |
| 2007-12-31 | $38.75 Million | +6.90% |
| 2006-12-31 | $36.25 Million | +6.58% |
| 2005-12-31 | $34.01 Million | +62.85% |
| 2004-12-31 | $20.88 Million | +392.25% |
| 2003-12-31 | $4.24 Million | +1133.37% |
| 2002-12-31 | $343.99K | -66.68% |
| 2001-12-31 | $1.03 Million | -78.55% |
| 2000-12-31 | $4.81 Million | -- |