PetroFrontier Corp
PetroFrontier Corp. a junior energy company, engages in the exploration and production of petroleum and natural gas in western Canada. The company holds interest in Cold Lake and Wabasc properties located in Alberta, Canada. PetroFrontier Corp. is based in Calgary, Canada.
PetroFrontier Corp (PFRRF) - Total Assets
Latest total assets as of September 2024: $21.07 Million USD
Based on the latest financial reports, PetroFrontier Corp (PFRRF) holds total assets worth $21.07 Million USD as of September 2024.
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.
PetroFrontier Corp - Total Assets Trend (2010–2023)
This chart illustrates how PetroFrontier Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
PetroFrontier Corp - Asset Composition Analysis
Current Asset Composition (December 2023)
PetroFrontier Corp's total assets of $21.07 Million consist of 22.8% current assets and 77.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 11.4% |
| Accounts Receivable | $1.93 Million | 10.3% |
| 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 (2010–2023)
This chart illustrates how PetroFrontier Corp'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: PetroFrontier Corp's current assets represent 22.8% of total assets in 2023, a decrease from 85.0% in 2010.
- Cash Position: Cash and equivalents constituted 11.4% of total assets in 2023, down from 82.0% in 2010.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2010.
- Asset Diversification: The largest asset category is accounts receivable at 10.3% of total assets.
PetroFrontier Corp Competitors by Total Assets
Key competitors of PetroFrontier Corp 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 |
PetroFrontier Corp - 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 - PetroFrontier Corp generates 0.20x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - PetroFrontier Corp is currently not profitable relative to its asset base.
PetroFrontier Corp - 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 | 0.27 | 0.35 | 0.07 |
| Quick Ratio | 0.27 | 0.35 | 0.07 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-12.74 Million | $ -3.83 Million | $ -5.52 Million |
PetroFrontier Corp - Advanced Valuation Insights
This section examines the relationship between PetroFrontier Corp'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 | 1.90 |
| Latest Market Cap to Assets Ratio | 0.05 |
| Asset Growth Rate (YoY) | -30.5% |
| Total Assets | $18.77 Million |
| Market Capitalization | $958.11K USD |
Valuation Analysis
Below Book Valuation: The market values PetroFrontier Corp's assets below their book value (0.05 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: PetroFrontier Corp's assets decreased by 30.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for PetroFrontier Corp (2010–2023)
The table below shows the annual total assets of PetroFrontier Corp from 2010 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $18.77 Million | -30.50% |
| 2022-12-31 | $27.01 Million | +4.61% |
| 2021-12-31 | $25.82 Million | +12.31% |
| 2020-12-31 | $22.99 Million | +18.62% |
| 2019-12-31 | $19.38 Million | -4.02% |
| 2018-12-31 | $20.19 Million | -6.92% |
| 2017-12-31 | $21.69 Million | -4.42% |
| 2016-12-31 | $22.70 Million | +134.42% |
| 2015-12-31 | $9.68 Million | -8.86% |
| 2014-12-31 | $10.62 Million | -79.91% |
| 2013-12-31 | $52.87 Million | -61.59% |
| 2012-12-31 | $137.66 Million | +2.35% |
| 2011-12-31 | $134.50 Million | +97.85% |
| 2010-12-31 | $67.98 Million | -- |