Permex Petroleum Corporation
Permex Petroleum Corporation, an independent energy company, acquires, explores for, develops, and produces oil and gas properties on private, state, and federal land in the United States. Its oil and natural gas properties located within the Permian Basin region of West Texas and Southeast New Mexico that includes the Midland and Delaware Basins, as well as the Central Basin Platform. Permex Pet… Read more
Permex Petroleum Corporation (OILCF) - Total Assets
Latest total assets as of June 2025: $12.91 Million USD
Based on the latest financial reports, Permex Petroleum Corporation (OILCF) holds total assets worth $12.91 Million USD as of June 2025.
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.
Permex Petroleum Corporation - Total Assets Trend (2017–2024)
This chart illustrates how Permex Petroleum Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Permex Petroleum Corporation - Asset Composition Analysis
Current Asset Composition (September 2024)
Permex Petroleum Corporation's total assets of $12.91 Million consist of 14.1% current assets and 85.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 12.6% |
| Accounts Receivable | $44.93K | 0.4% |
| Inventory | $1.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2017–2024)
This chart illustrates how Permex Petroleum 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: Permex Petroleum Corporation's current assets represent 14.1% of total assets in 2024, a decrease from 14.7% in 2017.
- Cash Position: Cash and equivalents constituted 12.6% of total assets in 2024, up from 11.2% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2017.
- Asset Diversification: The largest asset category is accounts receivable at 0.4% of total assets.
Permex Petroleum Corporation Competitors by Total Assets
Key competitors of Permex Petroleum Corporation 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 |
Permex Petroleum 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 - Permex Petroleum Corporation generates 0.01x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Permex Petroleum Corporation is currently not profitable relative to its asset base.
Permex Petroleum 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 | 0.23 | 0.08 | 1.08 |
| Quick Ratio | 0.23 | 0.08 | 1.08 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-8.15 Million | $ -3.14 Million | $ 311.17K |
Permex Petroleum Corporation - Advanced Valuation Insights
This section examines the relationship between Permex Petroleum 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 | 0.93 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | 10.2% |
| Total Assets | $12.06 Million |
| Market Capitalization | $263.31K USD |
Valuation Analysis
Below Book Valuation: The market values Permex Petroleum Corporation's assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Permex Petroleum Corporation's assets grew by 10.2% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Permex Petroleum Corporation (2017–2024)
The table below shows the annual total assets of Permex Petroleum Corporation from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-09-30 | $12.06 Million | +10.23% |
| 2023-09-30 | $10.94 Million | -36.34% |
| 2022-09-30 | $17.19 Million | +65.68% |
| 2021-09-30 | $10.37 Million | +48.79% |
| 2020-09-30 | $6.97 Million | -32.35% |
| 2019-09-30 | $10.30 Million | +3.96% |
| 2018-09-30 | $9.91 Million | +100.22% |
| 2017-09-30 | $4.95 Million | -- |