Providence Resources Inc
Providence Resources, Inc., an exploration stage company, engages in the acquisition, exploration, and development of oil and gas properties. The company is based in Austin, Texas.
Providence Resources Inc (PVRS) - Total Assets
Latest total assets as of December 2025: $2.72 Million USD
Based on the latest financial reports, Providence Resources Inc (PVRS) holds total assets worth $2.72 Million USD as of December 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.
Providence Resources Inc - Total Assets Trend (2000–2025)
This chart illustrates how Providence Resources Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Providence Resources Inc - Asset Composition Analysis
Current Asset Composition (December 2025)
Providence Resources Inc's total assets of $2.72 Million consist of 46.9% current assets and 53.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.9% |
| Accounts Receivable | $561.75K | 20.7% |
| Inventory | $584.98K | 21.5% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2000–2025)
This chart illustrates how Providence 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: Providence Resources Inc's current assets represent 46.9% of total assets in 2025, a decrease from 100.0% in 2000.
- Cash Position: Cash and equivalents constituted 1.9% of total assets in 2025, down from 100.0% in 2000.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2000.
- Asset Diversification: The largest asset category is inventory at 21.5% of total assets.
Providence Resources Inc Competitors by Total Assets
Key competitors of Providence Resources Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Nanjing Red Sun Co Ltd
SHE:000525
|
China | CN¥6.84 Billion |
|
ADAMA Ltd
SHE:000553
|
China | CN¥49.93 Billion |
|
Grand Industrial Holding Co Ltd
SHE:000626
|
China | CN¥8.43 Billion |
|
Qinghai Salt Lake Industry Co.Ltd
SHE:000792
|
China | CN¥50.97 Billion |
|
Sichuan Meifeng Chemical Industry Co Ltd
SHE:000731
|
China | CN¥5.17 Billion |
|
Asia Potash International Investment Guangzhou Co Ltd
SHE:000893
|
China | CN¥19.38 Billion |
|
Hubei Xinyangfeng Fertilizer Co Ltd
SHE:000902
|
China | CN¥19.75 Billion |
|
Sichuan Lutianhua Co Ltd
SHE:000912
|
China | CN¥9.46 Billion |
Providence 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 - Providence Resources Inc generates 0.22x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Providence Resources Inc is currently not profitable relative to its asset base.
Providence 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 | 1.03 | 1.08 | 0.18 |
| Quick Ratio | 0.56 | 0.65 | 0.18 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $32.17K | $ 111.75K | $ -50.86K |
Providence Resources Inc - Advanced Valuation Insights
This section examines the relationship between Providence 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 | 2.84 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -8.3% |
| Total Assets | $2.72 Million |
| Market Capitalization | $174.88 USD |
Valuation Analysis
Below Book Valuation: The market values Providence Resources Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Providence Resources Inc's assets decreased by 8.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Providence Resources Inc (2000–2025)
The table below shows the annual total assets of Providence Resources Inc from 2000 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $2.72 Million | -8.31% |
| 2024-12-31 | $2.97 Million | -13.40% |
| 2023-12-31 | $3.43 Million | +9.66% |
| 2022-12-31 | $3.12 Million | +196.35% |
| 2012-12-31 | $1.05 Million | +1.75% |
| 2011-12-31 | $1.04 Million | -89.98% |
| 2010-12-31 | $10.34 Million | +3.09% |
| 2009-12-31 | $10.03 Million | -28.54% |
| 2008-12-31 | $14.03 Million | -10.62% |
| 2007-12-31 | $15.70 Million | -47.31% |
| 2006-12-31 | $29.80 Million | +481.00% |
| 2005-12-31 | $5.13 Million | +1057.01% |
| 2004-12-31 | $443.24K | +7.04% |
| 2003-12-31 | $414.08K | -0.67% |
| 2002-12-31 | $416.88K | +2132.04% |
| 2001-12-31 | $18.68K | -24.15% |
| 2000-12-31 | $24.62K | -- |