Glori Energy Technology Inc
Glori Energy Inc., an energy technology and oil production company, provides services to third party exploration and production companies in North America and Brazil. It operates through Oil and Gas, and AERO Services segments. The Oil and Gas segment produces and develops oil and natural gas interests. The AERO Services segment offers biotechnology solutions of enhanced oil recovery through a tw… Read more
Glori Energy Technology Inc (GLRI) - Total Assets
Latest total assets as of December 2016: $7.51 Million USD
Based on the latest financial reports, Glori Energy Technology Inc (GLRI) holds total assets worth $7.51 Million USD as of December 2016.
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.
Glori Energy Technology Inc - Total Assets Trend (2011–2016)
This chart illustrates how Glori Energy Technology Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Glori Energy Technology Inc - Asset Composition Analysis
Current Asset Composition (December 2016)
Glori Energy Technology Inc's total assets of $7.51 Million consist of 15.9% current assets and 84.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 6.9% |
| Accounts Receivable | $596.00K | 7.9% |
| 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 (2011–2016)
This chart illustrates how Glori Energy Technology 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: Glori Energy Technology Inc's current assets represent 15.9% of total assets in 2016, a decrease from 100.0% in 2011.
- Cash Position: Cash and equivalents constituted 6.9% of total assets in 2016, up from 0.2% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2011.
- Asset Diversification: The largest asset category is accounts receivable at 7.9% of total assets.
Glori Energy Technology Inc Competitors by Total Assets
Key competitors of Glori Energy Technology Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
464680
KQ:464680
|
Korea | ₩31.23 Billion |
|
Cartesian Growth Corporation III Unit
NASDAQ:CGCTU
|
USA | $281.56 Million |
|
Azure Holding Group Corp
PINK:AZRH
|
USA | $16.92 Million |
|
Constellation Capital Corp.
V:CNST-P
|
Canada | CA$627.53K |
|
Little Fish Acquisition I Corp.
V:LILL-P
|
Canada | CA$56.48K |
|
Hana 30 Special Purpose Acquisition Company
KQ:469880
|
Korea | ₩17.89 Billion |
|
Chicane Capital I Corp.
V:CCIC-P
|
Canada | CA$199.07K |
|
Cuspis Capital II Ltd
V:CCII-P
|
Canada | CA$1.51 Million |
Glori Energy Technology 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
Moderate asset utilization - Glori Energy Technology Inc generates 0.60x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Glori Energy Technology Inc is currently not profitable relative to its asset base.
Glori Energy Technology 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 | 0.10 | 3.19 | 0.97 |
| Quick Ratio | 0.10 | 3.12 | 0.97 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-10.60 Million | $ 9.31 Million | $ -2.12K |
Glori Energy Technology Inc - Advanced Valuation Insights
This section examines the relationship between Glori Energy Technology 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 | 0.00 |
| Asset Growth Rate (YoY) | -66.3% |
| Total Assets | $7.51 Million |
| Market Capitalization | $2.21K USD |
Valuation Analysis
Below Book Valuation: The market values Glori Energy Technology Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Glori Energy Technology Inc's assets decreased by 66.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Glori Energy Technology Inc (2011–2016)
The table below shows the annual total assets of Glori Energy Technology Inc from 2011 to 2016.
| Year | Total Assets | Change |
|---|---|---|
| 2016-12-31 | $7.51 Million | -66.29% |
| 2015-12-31 | $22.26 Million | -66.98% |
| 2014-12-31 | $67.44 Million | +46.37% |
| 2013-12-31 | $46.07 Million | -0.72% |
| 2012-12-31 | $46.41 Million | +73974.67% |
| 2011-12-31 | $62.65K | -- |