G2 Technologies Corp
G2 Energy Corp., a junior oil and gas producer, focuses on acquisition and development of opportunities in the oil and gas sector. It holds a 100% interest in the Masten unit, a 2,600-acre project located in the Levelland Field in Cochran County, Texas. The company was formerly known as G2 Technologies Corp. and changed its name to G2 Energy Corp. in June 2022. G2 Energy Corp. is headquartered in… Read more
G2 Technologies Corp (GTGEF) - Total Assets
Latest total assets as of March 2024: $7.36 Million USD
Based on the latest financial reports, G2 Technologies Corp (GTGEF) holds total assets worth $7.36 Million USD as of March 2024.
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.
G2 Technologies Corp - Total Assets Trend (2015–2023)
This chart illustrates how G2 Technologies Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
G2 Technologies Corp - Asset Composition Analysis
Current Asset Composition (June 2023)
G2 Technologies Corp's total assets of $7.36 Million consist of 1.8% current assets and 98.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.4% |
| Accounts Receivable | $31.72K | 0.4% |
| Inventory | $-7.08K | -0.1% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2015–2023)
This chart illustrates how G2 Technologies 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: G2 Technologies Corp's current assets represent 1.8% of total assets in 2023, a decrease from 22.5% in 2015.
- Cash Position: Cash and equivalents constituted 1.4% of total assets in 2023, down from 2.5% in 2015.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2015.
- Asset Diversification: The largest asset category is accounts receivable at 0.4% of total assets.
G2 Technologies Corp Competitors by Total Assets
Key competitors of G2 Technologies 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 |
G2 Technologies 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 - G2 Technologies Corp generates 0.19x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - G2 Technologies Corp is currently not profitable relative to its asset base.
G2 Technologies 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 | 0.14 | 0.51 | 0.32 |
| Quick Ratio | 0.14 | 0.71 | 0.23 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-1.88 Million | $ -791.96K | $ -1.41 Million |
G2 Technologies Corp - Advanced Valuation Insights
This section examines the relationship between G2 Technologies 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 | 3.31 |
| Latest Market Cap to Assets Ratio | 0.04 |
| Asset Growth Rate (YoY) | -1.2% |
| Total Assets | $7.70 Million |
| Market Capitalization | $284.98K USD |
Valuation Analysis
Below Book Valuation: The market values G2 Technologies Corp's assets below their book value (0.04 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: G2 Technologies Corp's assets decreased by 1.2% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for G2 Technologies Corp (2015–2023)
The table below shows the annual total assets of G2 Technologies Corp from 2015 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-06-30 | $7.70 Million | -1.17% |
| 2022-06-30 | $7.79 Million | +2915.42% |
| 2021-06-30 | $258.27K | +280.71% |
| 2020-06-30 | $67.84K | -96.58% |
| 2019-06-30 | $1.98 Million | -8.16% |
| 2018-06-30 | $2.16 Million | +342.17% |
| 2017-06-30 | $488.62K | +161.77% |
| 2016-06-30 | $186.66K | -70.15% |
| 2015-06-30 | $625.43K | -- |