Cygnus Oil & Gas Corp
On October 2, 2007, Cygnus Oil & Gas Corp. went out of business as per its Chapter 11 liquidation filing under bankruptcy. Cygnus Oil and Gas Corporation, a development stage energy company, engages in the exploration, development and production of oil and gas in the United States and New Zealand. It has interests in 13 oil and gas projects. The company, formerly known as Touchstone Resources USA… Read more
Cygnus Oil & Gas Corp (CYNS) - Total Assets
Latest total assets as of September 2006: $37.59 Million USD
Based on the latest financial reports, Cygnus Oil & Gas Corp (CYNS) holds total assets worth $37.59 Million USD as of September 2006.
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.
Cygnus Oil & Gas Corp - Total Assets Trend (2002–2005)
This chart illustrates how Cygnus Oil & Gas Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Cygnus Oil & Gas Corp - Asset Composition Analysis
Current Asset Composition (December 2005)
Cygnus Oil & Gas Corp's total assets of $37.59 Million consist of 52.7% current assets and 47.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 28.1% |
| Accounts Receivable | $2.12 Million | 12.9% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $7.70 Million | 46.8% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2002–2005)
This chart illustrates how Cygnus Oil & Gas Corp'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: Cygnus Oil & Gas Corp's current assets represent 52.7% of total assets in 2005, a decrease from 100.0% in 2002.
- Cash Position: Cash and equivalents constituted 28.1% of total assets in 2005, down from 100.0% in 2002.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2002.
- Asset Diversification: The largest asset category is property, plant & equipment at 46.8% of total assets.
Cygnus Oil & Gas Corp Competitors by Total Assets
Key competitors of Cygnus Oil & Gas Corp 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 |
Cygnus Oil & Gas Corp - 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 - Cygnus Oil & Gas Corp generates 0.03x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Cygnus Oil & Gas Corp is currently not profitable relative to its asset base.
Cygnus Oil & Gas Corp - 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 | 0.57 | 0.99 | 1.51 |
| Quick Ratio | 0.57 | 0.99 | 1.51 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-4.74 Million | $ -55.60K | $ 3.16K |
Cygnus Oil & Gas Corp - Advanced Valuation Insights
This section examines the relationship between Cygnus Oil & Gas Corp'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 | 0.02 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -18.4% |
| Total Assets | $16.46 Million |
| Market Capitalization | $0.93 USD |
Valuation Analysis
Below Book Valuation: The market values Cygnus Oil & Gas Corp's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Cygnus Oil & Gas Corp's assets decreased by 18.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Cygnus Oil & Gas Corp (2002–2005)
The table below shows the annual total assets of Cygnus Oil & Gas Corp from 2002 to 2005.
| Year | Total Assets | Change |
|---|---|---|
| 2005-12-31 | $16.46 Million | -18.43% |
| 2004-12-31 | $20.19 Million | +21764.58% |
| 2003-12-31 | $92.32K | +882.01% |
| 2002-12-31 | $9.40K | -- |