Prairie Provident Resources Inc
Prairie Provident Resources Inc. engages in the exploration, development, and production of oil and natural gas properties in Alberta. It principally focuses on the Princess, Michichi, and Provost areas. The company is headquartered in Calgary, Canada.
Prairie Provident Resources Inc (PRPRF) - Total Assets
Latest total assets as of September 2025: $113.60 Million USD
Based on the latest financial reports, Prairie Provident Resources Inc (PRPRF) holds total assets worth $113.60 Million USD as of September 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.
Prairie Provident Resources Inc - Total Assets Trend (2001–2024)
This chart illustrates how Prairie Provident Resources Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Prairie Provident Resources Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Prairie Provident Resources Inc's total assets of $113.60 Million consist of 15.5% current assets and 84.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 4.0% |
| Accounts Receivable | $5.96 Million | 5.1% |
| 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 (2001–2024)
This chart illustrates how Prairie Provident 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: Prairie Provident Resources Inc's current assets represent 15.5% of total assets in 2024, a decrease from 100.0% in 2001.
- Cash Position: Cash and equivalents constituted 4.0% of total assets in 2024, down from 99.9% in 2001.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2001.
- Asset Diversification: The largest asset category is accounts receivable at 5.1% of total assets.
Prairie Provident Resources Inc Competitors by Total Assets
Key competitors of Prairie Provident Resources Inc 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 |
Prairie Provident 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 - Prairie Provident Resources Inc generates 0.37x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Prairie Provident Resources Inc is currently not profitable relative to its asset base.
Prairie Provident 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 | 0.15 | 0.75 | 0.97 |
| Quick Ratio | 0.15 | 0.75 | 0.94 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-80.04 Million | $ -6.76 Million | $ -610.00K |
Prairie Provident Resources Inc - Advanced Valuation Insights
This section examines the relationship between Prairie Provident 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 | 0.17 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | -29.6% |
| Total Assets | $117.87 Million |
| Market Capitalization | $689.56K USD |
Valuation Analysis
Below Book Valuation: The market values Prairie Provident Resources Inc's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Prairie Provident Resources Inc's assets decreased by 29.6% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Prairie Provident Resources Inc (2001–2024)
The table below shows the annual total assets of Prairie Provident Resources Inc from 2001 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $117.87 Million | -29.56% |
| 2023-12-31 | $167.33 Million | -25.01% |
| 2022-12-31 | $223.13 Million | -4.22% |
| 2021-12-31 | $232.96 Million | +5.74% |
| 2020-12-31 | $220.32 Million | -33.54% |
| 2019-12-31 | $331.52 Million | -1.84% |
| 2018-12-31 | $337.73 Million | +28.17% |
| 2017-12-31 | $263.51 Million | +6.32% |
| 2016-12-31 | $247.84 Million | +51.00% |
| 2015-12-31 | $164.13 Million | -30.58% |
| 2014-12-31 | $236.42 Million | +23.19% |
| 2013-12-31 | $191.92 Million | +5.19% |
| 2012-12-31 | $182.46 Million | +6.71% |
| 2011-12-31 | $170.99 Million | +50.50% |
| 2010-12-31 | $113.61 Million | -2.80% |
| 2009-12-31 | $116.88 Million | -18.68% |
| 2008-12-31 | $143.72 Million | +120.78% |
| 2007-12-31 | $65.10 Million | -31.81% |
| 2006-12-31 | $95.46 Million | +76.27% |
| 2005-12-31 | $54.16 Million | +224.48% |
| 2004-12-31 | $16.69 Million | +493.68% |
| 2003-12-31 | $2.81 Million | +172.68% |
| 2002-12-31 | $1.03 Million | +153.65% |
| 2001-12-31 | $406.48K | -- |