Parex Resources Inc
Parex Resources Inc. engages in the exploration, development, production, and marketing of oil and natural gas in Colombia. Its principal land holdings and exploration blocks are located in the Llanos Basin, Magdalena Basin, and Putumayo Basin. The company was incorporated in 2009 and is headquartered in Calgary, Canada.
Parex Resources Inc (PARXF) - Total Assets
Latest total assets as of December 2025: $2.34 Billion USD
Based on the latest financial reports, Parex Resources Inc (PARXF) holds total assets worth $2.34 Billion USD as of December 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.
Parex Resources Inc - Total Assets Trend (2008–2025)
This chart illustrates how Parex Resources Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Parex Resources Inc - Asset Composition Analysis
Current Asset Composition (December 2025)
Parex Resources Inc's total assets of $2.34 Billion consist of 11.7% current assets and 88.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 2.7% |
| Accounts Receivable | $146.43 Million | 6.3% |
| Inventory | $4.32 Million | 0.2% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $73.32 Million | 3.1% |
Asset Composition Trend (2008–2025)
This chart illustrates how Parex Resources 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: Parex Resources Inc's current assets represent 11.7% of total assets in 2025, a decrease from 41.5% in 2008.
- Cash Position: Cash and equivalents constituted 2.7% of total assets in 2025, down from 35.4% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, an increase from 0.0% in 2008.
- Asset Diversification: The largest asset category is accounts receivable at 6.3% of total assets.
Parex Resources Inc Competitors by Total Assets
Key competitors of Parex Resources 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 |
Parex Resources 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 - Parex Resources Inc generates 0.38x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Parex Resources Inc generates $ 11.11 in net profit.
Parex Resources 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 | 1.11 | 1.32 | 3.63 |
| Quick Ratio | 1.10 | 1.31 | 3.60 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $27.98 Million | $ 59.40 Million | $ 341.69 Million |
Parex Resources Inc - Advanced Valuation Insights
This section examines the relationship between Parex Resources 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 | 0.93 |
| Latest Market Cap to Assets Ratio | 0.32 |
| Asset Growth Rate (YoY) | 8.4% |
| Total Assets | $2.34 Billion |
| Market Capitalization | $748.26 Million USD |
Valuation Analysis
Below Book Valuation: The market values Parex Resources Inc's assets below their book value (0.32 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Parex Resources Inc's assets grew by 8.4% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Parex Resources Inc (2008–2025)
The table below shows the annual total assets of Parex Resources Inc from 2008 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $2.34 Billion | +8.43% |
| 2024-12-31 | $2.16 Billion | -10.78% |
| 2023-12-31 | $2.42 Billion | +4.36% |
| 2022-12-31 | $2.31 Billion | +29.71% |
| 2021-12-31 | $1.78 Billion | +15.78% |
| 2020-12-31 | $1.54 Billion | -8.52% |
| 2019-12-31 | $1.68 Billion | -2.45% |
| 2018-12-31 | $1.73 Billion | +53.93% |
| 2017-12-31 | $1.12 Billion | +22.12% |
| 2016-12-31 | $918.67 Million | -4.10% |
| 2015-12-31 | $957.97 Million | -7.39% |
| 2014-12-31 | $1.03 Billion | +21.01% |
| 2013-12-31 | $854.81 Million | +4.09% |
| 2012-12-31 | $821.20 Million | +24.39% |
| 2011-12-31 | $660.18 Million | +213.62% |
| 2010-12-31 | $210.50 Million | +57.70% |
| 2009-12-31 | $133.49 Million | +1570.02% |
| 2008-12-31 | $7.99 Million | -- |