New Frontier Energy Inc
New Frontier Energy, Inc., an independent energy company, engages in the acquisition, exploration, development, and production of natural gas and crude oil. It holds 297,000 acres in the Permian Basin, located in the western half of the Permian Basin; 186,000 acres in the Marcellus Shale, located in Susquehanna County, Pennsylvania; and 181,000 acres in the Anadarko Basin, located in the Mid-Cont… Read more
New Frontier Energy Inc (NFEI) - Total Assets
Latest total assets as of August 2022: $24.00 USD
Based on the latest financial reports, New Frontier Energy Inc (NFEI) holds total assets worth $24.00 USD as of August 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.
New Frontier Energy Inc - Total Assets Trend (2008–2022)
This chart illustrates how New Frontier Energy Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
New Frontier Energy Inc - Asset Composition Analysis
Current Asset Composition (February 2022)
New Frontier Energy Inc's total assets of $24.00 consist of 8.4% current assets and 91.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 8.4% |
| Accounts Receivable | $0.00 | 0.0% |
| 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 (2008–2022)
This chart illustrates how New Frontier 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: New Frontier Energy Inc's current assets represent 8.4% of total assets in 2022, a decrease from 18.6% in 2008.
- Cash Position: Cash and equivalents constituted 8.4% of total assets in 2022, down from 13.8% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2008.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
New Frontier Energy Inc Competitors by Total Assets
Key competitors of New Frontier 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 |
New Frontier 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
Lower asset utilization - New Frontier Energy Inc generates 0.24x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - New Frontier Energy Inc is currently not profitable relative to its asset base.
New Frontier 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 | 0.49 | 1.10 |
| Quick Ratio | 0.00 | 0.49 | 1.06 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-108.05K | $ -103.79K | $ 342.36K |
New Frontier Energy Inc - Advanced Valuation Insights
This section examines the relationship between New Frontier 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 | 0.12 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -98.4% |
| Total Assets | $272.79K |
| Market Capitalization | $0.96 USD |
Valuation Analysis
Below Book Valuation: The market values New Frontier Energy Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: New Frontier Energy Inc's assets decreased by 98.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for New Frontier Energy Inc (2008–2022)
The table below shows the annual total assets of New Frontier Energy Inc from 2008 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-02-28 | $272.79K | -98.37% |
| 2014-02-28 | $16.72 Million | -27.42% |
| 2013-02-28 | $23.04 Million | +34.44% |
| 2012-02-29 | $17.14 Million | +83.40% |
| 2011-02-28 | $9.34 Million | +6.49% |
| 2010-02-28 | $8.77 Million | -47.72% |
| 2009-02-28 | $16.78 Million | -35.97% |
| 2008-02-29 | $26.21 Million | -- |