Omagine Inc
Omagine, Inc., through its subsidiaries, focuses on the entertainment, hospitality, and real-estate development opportunities primarily in the Middle East and North Africa. The company focuses on the design, development, and construction of mixed-use tourism and residential real-estate development projects. Omagine, Inc. was incorporated in 2004 and is based in New York, New York.
Omagine Inc (OMAGQ) - Total Assets
Latest total assets as of September 2017: $718.69 Million USD
Based on the latest financial reports, Omagine Inc (OMAGQ) holds total assets worth $718.69 Million USD as of September 2017.
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.
Omagine Inc - Total Assets Trend (1996–2016)
This chart illustrates how Omagine Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Omagine Inc - Asset Composition Analysis
Current Asset Composition (December 2016)
Omagine Inc's total assets of $718.69 Million consist of 68.3% current assets and 31.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.0% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $490.81 Million | 68.3% |
| Property, Plant & Equipment | $6.26K | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1996–2016)
This chart illustrates how Omagine 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: Omagine Inc's current assets represent 68.3% of total assets in 2016, an increase from 0.1% in 1996.
- Cash Position: Cash and equivalents constituted 0.0% of total assets in 2016, down from 0.1% in 1996.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1996.
- Asset Diversification: The largest asset category is inventory at 68.3% of total assets.
Omagine Inc Competitors by Total Assets
Key competitors of Omagine Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Kee Tai Properties Co Ltd
TW:2538
|
Taiwan | NT$17.72 Billion |
|
Hung Sheng Construction Ltd
TW:2534
|
Taiwan | NT$31.48 Billion |
|
Villa Kunalai Public Company Limited
BK:KUN
|
Thailand | ฿2.84 Billion |
|
China Vanke Co Ltd Class A
SHE:000002
|
China | CN¥1.14 Trillion |
|
Shenzhen Zhenye Group Co Ltd
SHE:000006
|
China | CN¥17.27 Billion |
|
Shahe Industry Co Ltd
SHE:000014
|
China | CN¥2.33 Billion |
|
Grandjoy Holdings Group Co Ltd
SHE:000031
|
China | CN¥167.28 Billion |
|
China Union Holdings Ltd
SHE:000036
|
China | CN¥7.64 Billion |
Omagine 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 - Omagine Inc generates 0.04x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Omagine Inc is currently not profitable relative to its asset base.
Omagine 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 | 165.65 | 212.77 | 0.21 |
| Quick Ratio | 0.02 | 0.01 | 0.21 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $487.92 Million | $ 488.53 Million | $ -867.82K |
Omagine Inc - Advanced Valuation Insights
This section examines the relationship between Omagine 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 | 0.00 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 0.0% |
| Total Assets | $718.86 Million |
| Market Capitalization | $23.25K USD |
Valuation Analysis
Below Book Valuation: The market values Omagine Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Omagine Inc's assets decreased by 0.0% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Omagine Inc (1996–2016)
The table below shows the annual total assets of Omagine Inc from 1996 to 2016.
| Year | Total Assets | Change |
|---|---|---|
| 2016-12-31 | $718.86 Million | -0.02% |
| 2015-12-31 | $718.99 Million | +61827.63% |
| 2014-12-31 | $1.16 Million | +1529.67% |
| 2013-12-31 | $71.24K | -71.11% |
| 2012-12-31 | $246.62K | -8.60% |
| 2011-12-31 | $269.82K | +60.68% |
| 2010-12-31 | $167.93K | -5.92% |
| 2009-12-31 | $178.49K | +51.42% |
| 2008-12-31 | $117.87K | -84.52% |
| 2007-12-31 | $761.64K | +683.46% |
| 2006-12-31 | $97.22K | -9.41% |
| 2005-12-31 | $107.31K | -7.53% |
| 2004-12-31 | $116.05K | -84.53% |
| 2003-12-31 | $750.29K | +189.70% |
| 2002-12-31 | $258.99K | +26.54% |
| 2001-12-31 | $204.68K | -68.32% |
| 2000-12-31 | $646.01K | +82.09% |
| 1999-12-31 | $354.78K | +179.19% |
| 1998-12-31 | $127.08K | -52.27% |
| 1997-12-31 | $266.23K | +328.93% |
| 1996-12-31 | $62.07K | -- |