Puissant Industries Inc
Puissant Industries, Inc. explores, develops, and produces oil and natural gas properties focusing on the onshore United States. The company holds oil and gas interests in the Raccoon Mountain, Wofford, Woodbine, and Rockholds Fields located in Clay and Whitley counties in Kentucky. It has 39 wells with an area of approximately 4,685 acres available for drilling and exploration. The company was f… Read more
Puissant Industries Inc (PSSS) - Total Assets
Latest total assets as of December 2023: $2.04K USD
Based on the latest financial reports, Puissant Industries Inc (PSSS) holds total assets worth $2.04K USD as of December 2023.
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.
Puissant Industries Inc - Total Assets Trend (2010–2023)
This chart illustrates how Puissant Industries Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Puissant Industries Inc - Asset Composition Analysis
Current Asset Composition (December 2023)
Puissant Industries Inc's total assets of $2.04K consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 46.3% |
| Accounts Receivable | $0.00 | 0.0% |
| 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 Puissant Industries 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: Puissant Industries Inc's current assets represent 100.0% of total assets in 2023, an increase from 76.2% in 2010.
- Cash Position: Cash and equivalents constituted 46.3% of total assets in 2023, down from 76.2% 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 goodwill at 0.0% of total assets.
Puissant Industries Inc Competitors by Total Assets
Key competitors of Puissant Industries Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Value Capital One Ltd
TA:PLTF
|
Israel | ILA42.86 Million |
|
Shenwan Hongyuan Group Co Ltd
SHE:000166
|
China | CN¥721.97 Billion |
|
Northeast Securities Co Ltd
SHE:000686
|
China | CN¥110.06 Billion |
|
Guangdong Golden Dragon Development Inc
SHE:000712
|
China | CN¥22.93 Billion |
|
Sealand Securities Co Ltd
SHE:000750
|
China | CN¥74.96 Billion |
|
GF Securities Co Ltd
SHE:000776
|
China | CN¥953.44 Billion |
|
Changjiang Securities Co Ltd
SHE:000783
|
China | CN¥191.54 Billion |
|
Eugene Inv&Sec
KO:001200
|
Korea | ₩10.26 Trillion |
Puissant Industries 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
Strong asset utilization - Puissant Industries Inc generates 49.72x 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, Puissant Industries Inc generates $ 4883.77 in net profit.
Puissant Industries 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 | 0.02 | 0.72 | 8.78 |
| Quick Ratio | 0.02 | 0.67 | 2.07 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-125.10K | $ -57.92K | $ 248.36K |
Puissant Industries Inc - Advanced Valuation Insights
This section examines the relationship between Puissant Industries 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 | 1.63 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -99.9% |
| Total Assets | $2.04K |
| Market Capitalization | $3.71 USD |
Valuation Analysis
Below Book Valuation: The market values Puissant Industries Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Puissant Industries Inc's assets decreased by 99.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Puissant Industries Inc (2010–2023)
The table below shows the annual total assets of Puissant Industries Inc from 2010 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $2.04K | -99.93% |
| 2022-12-31 | $2.97 Million | -0.60% |
| 2021-12-31 | $2.99 Million | -1.13% |
| 2020-12-31 | $3.03 Million | -5.57% |
| 2019-12-31 | $3.20 Million | -3.45% |
| 2018-12-31 | $3.32 Million | -12.57% |
| 2017-12-31 | $3.80 Million | +9.67% |
| 2016-12-31 | $3.46 Million | +2.28% |
| 2015-12-31 | $3.38 Million | -3.50% |
| 2014-12-31 | $3.51 Million | +350.61% |
| 2013-12-31 | $778.03K | +3.97% |
| 2012-12-31 | $748.30K | +60.26% |
| 2011-12-31 | $466.93K | +3458.41% |
| 2010-12-31 | $13.12K | -- |