Hartshead Resources NL
Hartshead Resources NL engages in the exploration and development of oil and gas properties in the United Kingdom. It primarily holds a 40% interest in the License P2607 comprising five blocks in Quads 48 and 49 on the United Kingdom Continental Shelf, Southern Gas Basin. The company is based in North Perth, Australia.
Hartshead Resources NL (PGNYF) - Total Assets
Latest total assets as of June 2025: $34.98 Million USD
Based on the latest financial reports, Hartshead Resources NL (PGNYF) holds total assets worth $34.98 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.
Hartshead Resources NL - Total Assets Trend (2013–2025)
This chart illustrates how Hartshead Resources NL’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Hartshead Resources NL - Asset Composition Analysis
Current Asset Composition (June 2025)
Hartshead Resources NL's total assets of $34.98 Million consist of 45.6% current assets and 54.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 45.1% |
| Accounts Receivable | $196.67K | 0.6% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $260.73K | 0.8% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2013–2025)
This chart illustrates how Hartshead Resources NL'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: Hartshead Resources NL's current assets represent 45.6% of total assets in 2025, an increase from 40.8% in 2013.
- Cash Position: Cash and equivalents constituted 45.1% of total assets in 2025, up from 16.5% in 2013.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2013.
- Asset Diversification: The largest asset category is intangible assets at 0.8% of total assets.
Hartshead Resources NL Competitors by Total Assets
Key competitors of Hartshead Resources NL based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Aker BP ASA
PINK:AKRBF
|
USA | $42.88 Billion |
|
Jadestone Energy plc
PINK:JDSEF
|
USA | $1.12 Billion |
|
Helium Evolution Incorporated
PINK:HEEVF
|
USA | $21.95 Million |
|
One Step Vending Corp
PINK:KOSK
|
USA | $578.00K |
|
Melbana Energy Ltd
AU:MAY
|
Australia | AU$80.17 Million |
|
Black Rock Petroleum Co
PINK:BKRP
|
USA | $1.39K |
|
West Texas Resources Inc
PINK:WTXR
|
USA | $150.96K |
|
Shanxi Blue Flame Holding Co Ltd
SHE:000968
|
China | CN¥11.13 Billion |
Hartshead Resources NL - 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 - Hartshead Resources NL generates 0.06x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Hartshead Resources NL is currently not profitable relative to its asset base.
Hartshead Resources NL - 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 | 11.02 | 8.12 | 3.45 |
| Quick Ratio | 11.02 | 8.12 | 3.45 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $14.51 Million | $ 21.45 Million | $ 1.35 Million |
Hartshead Resources NL - Advanced Valuation Insights
This section examines the relationship between Hartshead Resources NL'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 | 0.02 |
| Latest Market Cap to Assets Ratio | 0.12 |
| Asset Growth Rate (YoY) | -3.9% |
| Total Assets | $34.98 Million |
| Market Capitalization | $4.24 Million USD |
Valuation Analysis
Below Book Valuation: The market values Hartshead Resources NL's assets below their book value (0.12 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Hartshead Resources NL's assets decreased by 3.9% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Hartshead Resources NL (2013–2025)
The table below shows the annual total assets of Hartshead Resources NL from 2013 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-06-30 | $34.98 Million | -3.87% |
| 2024-06-30 | $36.39 Million | -5.03% |
| 2023-06-30 | $38.32 Million | +700.84% |
| 2022-06-30 | $4.78 Million | -37.38% |
| 2021-06-30 | $7.64 Million | +217.82% |
| 2020-06-30 | $2.40 Million | -66.06% |
| 2019-06-30 | $7.08 Million | -22.15% |
| 2018-06-30 | $9.10 Million | -14.31% |
| 2017-06-30 | $10.62 Million | +67.51% |
| 2016-06-30 | $6.34 Million | -34.99% |
| 2015-06-30 | $9.75 Million | -77.35% |
| 2014-06-30 | $43.05 Million | +110.22% |
| 2013-06-30 | $20.48 Million | -- |