Foothills Exploration Inc
Foothills Exploration, Inc., an independent oil and gas exploration and production company, engages in the acquisition and development of oil and natural gas properties. Its primary focus is the U.S. Rocky Mountain region. The company holds approximately 34,000 acres in the Greater Green River and Wind River Basins of Wyoming and 7,800 acres in the Uinta Basin of Utah. Foothills Exploration, Inc.… Read more
Foothills Exploration Inc (FTXP) - Total Assets
Latest total assets as of June 2023: $1.37 Million USD
Based on the latest financial reports, Foothills Exploration Inc (FTXP) holds total assets worth $1.37 Million USD as of June 2023.
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.
Foothills Exploration Inc - Total Assets Trend (2012–2022)
This chart illustrates how Foothills Exploration Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Foothills Exploration Inc - Asset Composition Analysis
Current Asset Composition (December 2022)
Foothills Exploration Inc's total assets of $1.37 Million consist of 22.1% current assets and 77.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 11.5% |
| Accounts Receivable | $63.00K | 5.7% |
| 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 (2012–2022)
This chart illustrates how Foothills Exploration 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: Foothills Exploration Inc's current assets represent 22.1% of total assets in 2022, a decrease from 100.0% in 2012.
- Cash Position: Cash and equivalents constituted 11.5% of total assets in 2022, down from 100.0% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2012.
- Asset Diversification: The largest asset category is accounts receivable at 5.7% of total assets.
Foothills Exploration Inc Competitors by Total Assets
Key competitors of Foothills Exploration 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 |
Foothills Exploration 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 - Foothills Exploration Inc generates 1.01x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Foothills Exploration Inc generates $ 94.99 in net profit.
Foothills Exploration 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 | 0.01 | 0.02 | 0.02 |
| Quick Ratio | 0.01 | 0.02 | 0.03 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-29.37 Million | $ -29.71 Million | $ -15.18 Million |
Foothills Exploration Inc - Advanced Valuation Insights
This section examines the relationship between Foothills Exploration 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 | 0.79 |
| Asset Growth Rate (YoY) | -31.1% |
| Total Assets | $1.10 Million |
| Market Capitalization | $865.48K USD |
Valuation Analysis
Below Book Valuation: The market values Foothills Exploration Inc's assets below their book value (0.79 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Foothills Exploration Inc's assets decreased by 31.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Foothills Exploration Inc (2012–2022)
The table below shows the annual total assets of Foothills Exploration Inc from 2012 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-12-31 | $1.10 Million | -31.12% |
| 2021-12-31 | $1.59 Million | -86.55% |
| 2020-12-31 | $11.86 Million | -11.84% |
| 2019-12-31 | $13.45 Million | +5.75% |
| 2018-12-31 | $12.72 Million | -8.63% |
| 2017-12-31 | $13.92 Million | +7.57% |
| 2016-12-31 | $12.94 Million | +1911.20% |
| 2015-12-31 | $643.26K | +4288320.00% |
| 2014-12-31 | $15.00 | -21.05% |
| 2013-12-31 | $19.00 | +18.75% |
| 2012-12-31 | $16.00 | -- |