First Seismic Corp
In May 2001, First Seismic Corp. executed a letter of intent with Global Geo Services ASA, a Norwegian company (GGS), pursuant to which GGS proposed to acquire First Seismic. As of December 31, 1999, First Seismic Corp. provided various geo-scientific and complementary services that were used to develop opportunities in the oil and gas business worldwide. It owned and brokered seismic data and a … Read more
First Seismic Corp (FSEI) - Total Assets
Latest total assets as of December 1999: $3.61 Million USD
Based on the latest financial reports, First Seismic Corp (FSEI) holds total assets worth $3.61 Million USD as of December 1999.
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.
First Seismic Corp - Total Assets Trend (1996–1999)
This chart illustrates how First Seismic Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
First Seismic Corp - Asset Composition Analysis
Current Asset Composition (December 1999)
First Seismic Corp's total assets of $3.61 Million consist of 19.4% current assets and 80.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 12.4% |
| Accounts Receivable | $250.66K | 6.9% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $1.31 Million | 36.4% |
| Intangible Assets | $1.42 Million | 39.2% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1996–1999)
This chart illustrates how First Seismic 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: First Seismic Corp's current assets represent 19.4% of total assets in 1999, a decrease from 21.0% in 1996.
- Cash Position: Cash and equivalents constituted 12.4% of total assets in 1999, up from 6.7% in 1996.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 39.0% of total assets, a decrease from 73.0% in 1996.
- Asset Diversification: The largest asset category is intangible assets at 39.2% of total assets.
First Seismic Corp Competitors by Total Assets
Key competitors of First Seismic Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Xinjiang Zhundong Petroleum
SHE:002207
|
China | CN¥399.19 Million |
|
Yantai Jereh Oilfield Services Group Co Ltd
SHE:002353
|
China | CN¥38.08 Billion |
|
China Oil HBP Science & Technology Co Ltd
SHE:002554
|
China | CN¥5.76 Billion |
|
Zhejiang Renzhi Co Ltd
SHE:002629
|
China | CN¥269.97 Million |
|
Reservoir Link Energy Bhd
KLSE:0219
|
Malaysia | RM215.28 Million |
|
Ocean Vantage Holdings Bhd
KLSE:0220
|
Malaysia | RM108.28 Million |
|
Aker Solutions OL
F:1AKA
|
Germany | €38.35 Billion |
|
Prime Oil Chemical Service Corp
TW:2904
|
Taiwan | NT$1.82 Billion |
First Seismic 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
Moderate asset utilization - First Seismic Corp generates 0.44x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - First Seismic Corp is currently not profitable relative to its asset base.
First Seismic 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 | 0.71 | 0.25 | 0.25 |
| Quick Ratio | 0.71 | 0.25 | 0.25 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-281.65K | $ -721.45K | $ -721.45K |
First Seismic Corp - Advanced Valuation Insights
This section examines the relationship between First Seismic 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 | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 1.4% |
| Total Assets | $3.61 Million |
| Market Capitalization | $143.72 USD |
Valuation Analysis
Below Book Valuation: The market values First Seismic Corp's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: First Seismic Corp's assets grew by 1.4% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for First Seismic Corp (1996–1999)
The table below shows the annual total assets of First Seismic Corp from 1996 to 1999.
| Year | Total Assets | Change |
|---|---|---|
| 1999-12-31 | $3.61 Million | +1.40% |
| 1998-12-31 | $3.56 Million | +14.36% |
| 1997-12-31 | $3.12 Million | -0.90% |
| 1996-12-31 | $3.15 Million | -- |