Petroteq Energy Inc
Petroteq Energy Inc., through its subsidiaries, engages in the oil sands mining and processing operations in the United States. The company was formerly known as MCW Energy Group Limited and changed its name to Petroteq Energy Inc. in May 2017. Petroteq Energy Inc. was founded in 2010 and is based in Sherman Oaks, California.
Petroteq Energy Inc (PQEFF) - Total Assets
Latest total assets as of May 2022: $81.15 Million USD
Based on the latest financial reports, Petroteq Energy Inc (PQEFF) holds total assets worth $81.15 Million USD as of May 2022.
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.
Petroteq Energy Inc - Total Assets Trend (2008–2021)
This chart illustrates how Petroteq Energy Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Petroteq Energy Inc - Asset Composition Analysis
Current Asset Composition (August 2021)
Petroteq Energy Inc's total assets of $81.15 Million consist of 5.2% current assets and 94.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.3% |
| Accounts Receivable | $540.26K | 0.7% |
| Inventory | $106.98K | 0.1% |
| Property, Plant & Equipment | $76.13 Million | 93.9% |
| Intangible Assets | $707.67K | 0.9% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2008–2021)
This chart illustrates how Petroteq Energy 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: Petroteq Energy Inc's current assets represent 5.2% of total assets in 2021, a decrease from 100.0% in 2008.
- Cash Position: Cash and equivalents constituted 1.3% of total assets in 2021, down from 76.0% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2008.
- Asset Diversification: The largest asset category is property, plant & equipment at 93.9% of total assets.
Petroteq Energy Inc Competitors by Total Assets
Key competitors of Petroteq Energy 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 |
Petroteq Energy 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 - Petroteq Energy Inc generates 0.02x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Petroteq Energy Inc is currently not profitable relative to its asset base.
Petroteq Energy 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 | 0.61 | 0.18 | 0.14 |
| Quick Ratio | 0.59 | 0.17 | 0.21 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-2.81 Million | $ -13.00 Million | $ -4.25 Million |
Petroteq Energy Inc - Advanced Valuation Insights
This section examines the relationship between Petroteq Energy 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) | 10.0% |
| Total Assets | $81.03 Million |
| Market Capitalization | $65.50K USD |
Valuation Analysis
Below Book Valuation: The market values Petroteq Energy Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Petroteq Energy Inc's assets grew by 10.0% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Petroteq Energy Inc (2008–2021)
The table below shows the annual total assets of Petroteq Energy Inc from 2008 to 2021.
| Year | Total Assets | Change |
|---|---|---|
| 2021-08-31 | $81.03 Million | +10.03% |
| 2020-08-31 | $73.65 Million | +1.08% |
| 2019-08-31 | $72.86 Million | +86.31% |
| 2018-08-31 | $39.10 Million | +35.07% |
| 2017-08-31 | $28.95 Million | -7.32% |
| 2016-08-31 | $31.24 Million | +2.60% |
| 2015-08-31 | $30.44 Million | -1.13% |
| 2014-08-31 | $30.79 Million | +15.33% |
| 2013-08-31 | $26.70 Million | +35.97% |
| 2012-08-31 | $19.64 Million | -2.22% |
| 2011-08-31 | $20.08 Million | +13097.16% |
| 2010-08-31 | $152.17K | +179.51% |
| 2009-08-31 | $54.44K | -62.55% |
| 2008-08-31 | $145.38K | -- |