Northamerican Energy Group Corporation
Northamerican Energy Group Corporation engages in the identification, acquisition, and development of hydrocarbon, oil, and gas reserves. It has gas and oil production leases located in the Pecos Valley Field, southwest of Midland, Texas, and Permian Basin. The company, formerly known as Nuoasis Properties Inc. and changed its name to Northamerican Energy Group Corporation in May 2005. The compan… Read more
Northamerican Energy Group Corporation (NNYR) - Total Assets
Latest total assets as of December 2006: $212.76K USD
Based on the latest financial reports, Northamerican Energy Group Corporation (NNYR) holds total assets worth $212.76K USD as of December 2006.
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.
Northamerican Energy Group Corporation - Total Assets Trend (1998–2006)
This chart illustrates how Northamerican Energy Group Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Northamerican Energy Group Corporation - Asset Composition Analysis
Current Asset Composition (December 2006)
Northamerican Energy Group Corporation's total assets of $212.76K consist of 0.5% current assets and 99.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.1% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $211.12K | 99.2% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1998–2006)
This chart illustrates how Northamerican Energy Group Corporation'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: Northamerican Energy Group Corporation's current assets represent 0.5% of total assets in 2006, a decrease from 100.0% in 1998.
- Cash Position: Cash and equivalents constituted 0.1% of total assets in 2006, down from 0.1% in 1998.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1998.
- Asset Diversification: The largest asset category is property, plant & equipment at 99.2% of total assets.
Northamerican Energy Group Corporation Competitors by Total Assets
Key competitors of Northamerican Energy Group Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Xinjiang Zhundong Petroleum
SHE:002207
|
China | CN¥399.19 Million |
|
Yantai Jereh Oilfield Services Group Co Ltd
SHE:002353
|
China | CN¥38.08 Billion |
|
China Oil HBP Science & Technology Co Ltd
SHE:002554
|
China | CN¥5.76 Billion |
|
Zhejiang Renzhi Co Ltd
SHE:002629
|
China | CN¥269.97 Million |
|
Reservoir Link Energy Bhd
KLSE:0219
|
Malaysia | RM215.28 Million |
|
Ocean Vantage Holdings Bhd
KLSE:0220
|
Malaysia | RM108.28 Million |
|
Aker Solutions OL
F:1AKA
|
Germany | €38.35 Billion |
|
Prime Oil Chemical Service Corp
TW:2904
|
Taiwan | NT$1.82 Billion |
Northamerican Energy Group Corporation - 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 - Northamerican Energy Group Corporation generates 0.22x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Northamerican Energy Group Corporation is currently not profitable relative to its asset base.
Northamerican Energy Group Corporation - 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 | 0.01 | 0.02 | 0.02 |
| Quick Ratio | 0.01 | 0.02 | 0.02 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-167.64K | $ -47.57K | $ -47.57K |
Northamerican Energy Group Corporation - Advanced Valuation Insights
This section examines the relationship between Northamerican Energy Group Corporation'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) | -25.0% |
| Total Assets | $212.76K |
| Market Capitalization | $0.95 USD |
Valuation Analysis
Below Book Valuation: The market values Northamerican Energy Group Corporation's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Northamerican Energy Group Corporation's assets decreased by 25.0% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Northamerican Energy Group Corporation (1998–2006)
The table below shows the annual total assets of Northamerican Energy Group Corporation from 1998 to 2006.
| Year | Total Assets | Change |
|---|---|---|
| 2006-12-31 | $212.76K | -25.04% |
| 2005-12-31 | $283.83K | +980.95% |
| 1998-12-31 | $26.26K | -- |