GulfSlope Energy Inc
GulfSlope Energy, Inc. operates as an independent oil and natural gas exploration company in the United States. It has leased one federal outer continental shelf block and has licensed 2.2 million acres of three-dimensional seismic data in its area of concentration. The company was formerly known as Plan A Promotions, Inc. and changed its name to GulfSlope Energy, Inc. in April 2012. GulfSlope En… Read more
GulfSlope Energy Inc (GSPE) - Total Assets
Latest total assets as of June 2023: $5.37 Million USD
Based on the latest financial reports, GulfSlope Energy Inc (GSPE) holds total assets worth $5.37 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.
GulfSlope Energy Inc - Total Assets Trend (2005–2022)
This chart illustrates how GulfSlope Energy Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
GulfSlope Energy Inc - Asset Composition Analysis
Current Asset Composition (September 2022)
GulfSlope Energy Inc's total assets of $5.37 Million consist of 3.3% current assets and 96.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 2.5% |
| Accounts Receivable | $12.93K | 0.2% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $5.29 Million | 96.7% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2005–2022)
This chart illustrates how GulfSlope Energy 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: GulfSlope Energy Inc's current assets represent 3.3% of total assets in 2022, a decrease from 88.9% in 2005.
- Cash Position: Cash and equivalents constituted 2.5% of total assets in 2022, down from 88.9% in 2005.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2005.
- Asset Diversification: The largest asset category is property, plant & equipment at 96.7% of total assets.
GulfSlope Energy Inc Competitors by Total Assets
Key competitors of GulfSlope Energy 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 |
GulfSlope Energy 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 - GulfSlope Energy Inc generates 1259940.42x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - GulfSlope Energy Inc is currently not profitable relative to its asset base.
GulfSlope Energy 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 | 0.00 | 0.03 | 0.49 |
| Quick Ratio | 0.00 | 0.03 | 0.49 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-14.65 Million | $ -13.54 Million | $ -12.54 Million |
GulfSlope Energy Inc - Advanced Valuation Insights
This section examines the relationship between GulfSlope Energy 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 | 236.34 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | -60.1% |
| Total Assets | $5.47 Million |
| Market Capitalization | $79.31K USD |
Valuation Analysis
Below Book Valuation: The market values GulfSlope Energy Inc's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: GulfSlope Energy Inc's assets decreased by 60.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for GulfSlope Energy Inc (2005–2022)
The table below shows the annual total assets of GulfSlope Energy Inc from 2005 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-09-30 | $5.47 Million | -60.06% |
| 2021-09-30 | $13.70 Million | -14.78% |
| 2020-09-30 | $16.07 Million | -47.78% |
| 2019-09-30 | $30.78 Million | +53.21% |
| 2018-09-30 | $20.09 Million | +936.60% |
| 2017-09-30 | $1.94 Million | -58.90% |
| 2016-09-30 | $4.72 Million | -33.67% |
| 2015-09-30 | $7.11 Million | -13.91% |
| 2014-09-30 | $8.26 Million | +184.27% |
| 2013-09-30 | $2.90 Million | +286.10% |
| 2012-09-30 | $752.38K | +759.82% |
| 2011-09-30 | $87.50K | +12400.71% |
| 2009-09-30 | $700.00 | -81.33% |
| 2008-09-30 | $3.75K | -63.29% |
| 2007-09-30 | $10.22K | -18.63% |
| 2006-09-30 | $12.55K | -51.29% |
| 2005-09-30 | $25.77K | -- |