Plastic2Oil Inc
Plastic2Oil, Inc. engages in the transforming waste plastics to oil and other fuel products in the United States. It produces light and heavy fuel products, such as naphtha, fuel oil No. 2 and fuel oil No. 6. The company also produces by-products, including a reusable off-gas similar to natural gas and a carbon residue known as petcoke. Plastic2Oil, Inc. sells its products through fuel wholesaler… Read more
Plastic2Oil Inc (PTOI) - Total Assets
Latest total assets as of June 2024: $420.83K USD
Based on the latest financial reports, Plastic2Oil Inc (PTOI) holds total assets worth $420.83K USD as of June 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.
Plastic2Oil Inc - Total Assets Trend (2006–2023)
This chart illustrates how Plastic2Oil Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Plastic2Oil Inc - Asset Composition Analysis
Current Asset Composition (December 2023)
Plastic2Oil Inc's total assets of $420.83K consist of 5.5% current assets and 94.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 4.1% |
| 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 (2006–2023)
This chart illustrates how Plastic2Oil 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: Plastic2Oil Inc's current assets represent 5.5% of total assets in 2023, a decrease from 100.0% in 2006.
- Cash Position: Cash and equivalents constituted 4.1% of total assets in 2023, down from 100.0% in 2006.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2006.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Plastic2Oil Inc Competitors by Total Assets
Key competitors of Plastic2Oil Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
China Tianying Inc
SHE:000035
|
China | CN¥32.41 Billion |
|
HeiLongJiang Kingland Technology Co Ltd
SHE:000711
|
China | CN¥1.22 Billion |
|
BECE Legend Group Co Ltd
SHE:000803
|
China | CN¥5.22 Billion |
|
Tus-Sound Environmental Resources Co Ltd
SHE:000826
|
China | CN¥18.67 Billion |
|
Wangneng Environment Co Ltd
SHE:002034
|
China | CN¥14.26 Billion |
|
Beijing Orient Landscape Co Ltd
SHE:002310
|
China | CN¥3.37 Billion |
|
JAG Bhd
KLSE:0024
|
Malaysia | RM314.48 Million |
|
Qiaoyin Environmental Tech Co Ltd
SHE:002973
|
China | CN¥8.47 Billion |
Plastic2Oil 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 - Plastic2Oil Inc generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Plastic2Oil Inc is currently not profitable relative to its asset base.
Plastic2Oil 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 | 0.00 | 0.00 | 0.00 |
| Quick Ratio | 0.00 | 0.00 | 0.00 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-25.96 Million | $ -23.84 Million | $ -15.60 Million |
Plastic2Oil Inc - Advanced Valuation Insights
This section examines the relationship between Plastic2Oil 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 | - |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | -10.7% |
| Total Assets | $438.18K |
| Market Capitalization | $12.47K USD |
Valuation Analysis
Below Book Valuation: The market values Plastic2Oil Inc's assets below their book value (0.03 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Plastic2Oil Inc's assets decreased by 10.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Plastic2Oil Inc (2006–2023)
The table below shows the annual total assets of Plastic2Oil Inc from 2006 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $438.18K | -10.73% |
| 2022-12-31 | $490.87K | -7.17% |
| 2021-12-31 | $528.79K | -24.81% |
| 2020-12-31 | $703.26K | -3.22% |
| 2019-12-31 | $726.65K | -8.67% |
| 2018-12-31 | $795.61K | -56.31% |
| 2017-12-31 | $1.82 Million | -19.97% |
| 2016-12-31 | $2.28 Million | -57.81% |
| 2015-12-31 | $5.39 Million | -22.83% |
| 2014-12-31 | $6.99 Million | -24.76% |
| 2013-12-31 | $9.29 Million | -30.49% |
| 2012-12-31 | $13.36 Million | +54.78% |
| 2011-12-31 | $8.63 Million | +10.25% |
| 2010-12-31 | $7.83 Million | -67.58% |
| 2009-12-31 | $24.16 Million | +634635.50% |
| 2008-12-31 | $3.81K | -98.58% |
| 2007-12-31 | $268.17K | +7.23% |
| 2006-12-31 | $250.09K | -- |