Harvest Oil & Gas Corp
Harvest Oil & Gas Corp. intends to undertake the process of winding-up and returning capital to its shareholders. Previously, the company operated as an independent oil and natural gas company in the United States. Harvest Oil & Gas Corp. is based in Houston, Texas.
Harvest Oil & Gas Corp (HRST) - Total Assets
Latest total assets as of December 2022: $12.35 Million USD
Based on the latest financial reports, Harvest Oil & Gas Corp (HRST) holds total assets worth $12.35 Million USD as of December 2022.
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.
Harvest Oil & Gas Corp - Total Assets Trend (2001–2022)
This chart illustrates how Harvest Oil & Gas Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Harvest Oil & Gas Corp - Asset Composition Analysis
Current Asset Composition (December 2022)
Harvest Oil & Gas Corp's total assets of $12.35 Million consist of 93.0% current assets and 7.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 83.7% |
| Accounts Receivable | $202.00K | 1.6% |
| 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 (2001–2022)
This chart illustrates how Harvest Oil & Gas 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: Harvest Oil & Gas Corp's current assets represent 93.0% of total assets in 2022, an increase from 21.5% in 2001.
- Cash Position: Cash and equivalents constituted 83.7% of total assets in 2022, up from 0.0% in 2001.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2001.
- Asset Diversification: The largest asset category is accounts receivable at 1.6% of total assets.
Harvest Oil & Gas Corp Competitors by Total Assets
Key competitors of Harvest Oil & Gas 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 |
Harvest Oil & Gas 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 - Harvest Oil & Gas Corp generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Harvest Oil & Gas Corp is currently not profitable relative to its asset base.
Harvest Oil & Gas 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 | 25.02 | 21.89 | 0.13 |
| Quick Ratio | 25.02 | 21.89 | 0.13 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $11.02 Million | $ 18.76 Million | $ -593.92 Million |
Harvest Oil & Gas Corp - Advanced Valuation Insights
This section examines the relationship between Harvest Oil & Gas 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 | 0.09 |
| Latest Market Cap to Assets Ratio | 0.08 |
| Asset Growth Rate (YoY) | -40.6% |
| Total Assets | $12.35 Million |
| Market Capitalization | $961.42K USD |
Valuation Analysis
Below Book Valuation: The market values Harvest Oil & Gas Corp's assets below their book value (0.08 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Harvest Oil & Gas Corp's assets decreased by 40.6% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Harvest Oil & Gas Corp (2001–2022)
The table below shows the annual total assets of Harvest Oil & Gas Corp from 2001 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-12-31 | $12.35 Million | -40.61% |
| 2021-12-31 | $20.79 Million | -55.63% |
| 2020-12-31 | $46.86 Million | -73.99% |
| 2019-12-31 | $180.19 Million | -66.29% |
| 2018-12-31 | $534.49 Million | -62.93% |
| 2017-12-31 | $1.44 Billion | -10.27% |
| 2016-12-31 | $1.61 Billion | -16.47% |
| 2015-12-31 | $1.92 Billion | -14.48% |
| 2014-12-31 | $2.25 Billion | +2.01% |
| 2013-12-31 | $2.20 Billion | +6.76% |
| 2012-12-31 | $2.07 Billion | +3.10% |
| 2011-12-31 | $2.00 Billion | +34.74% |
| 2010-12-31 | $1.49 Billion | +63.79% |
| 2009-12-31 | $907.71 Million | -7.38% |
| 2008-12-31 | $980.00 Million | +61.31% |
| 2007-12-31 | $607.54 Million | +357.87% |
| 2006-12-31 | $132.69 Million | +69.76% |
| 2005-12-31 | $78.16 Million | +32.93% |
| 2004-12-31 | $58.80 Million | +2.92% |
| 2003-12-31 | $57.13 Million | +2198.15% |
| 2002-12-31 | $2.49 Million | +25.81% |
| 2001-12-31 | $1.98 Million | -- |