Quantafuel ASA
Quantafuel ASA, a technology-based energy company engages in converting plastic waste to low-carbon synthetic oil products replacing virgin oil products in Norway. It also develops, constructs, owns, and operates plastic-to liquid plants and plastic sorting/recycling facilities. Quantafuel ASA was founded in 2014 and is headquartered in Oslo, Norway. As of May 5, 2023, Quantafuel ASA operates as … Read more
Quantafuel ASA (QNTFF) - Total Assets
Latest total assets as of September 2023: $1.58 Billion USD
Based on the latest financial reports, Quantafuel ASA (QNTFF) holds total assets worth $1.58 Billion USD as of September 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.
Quantafuel ASA - Total Assets Trend (2016–2022)
This chart illustrates how Quantafuel ASA’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Quantafuel ASA - Asset Composition Analysis
Current Asset Composition (December 2022)
Quantafuel ASA's total assets of $1.58 Billion consist of 11.6% current assets and 88.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 8.0% |
| Accounts Receivable | $32.61 Million | 2.2% |
| Inventory | $14.87 Million | 1.0% |
| Property, Plant & Equipment | $657.66 Million | 44.4% |
| Intangible Assets | $195.16 Million | 13.2% |
| Goodwill | $54.09 Million | 3.7% |
Asset Composition Trend (2016–2022)
This chart illustrates how Quantafuel ASA'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: Quantafuel ASA's current assets represent 11.6% of total assets in 2022, a decrease from 78.9% in 2016.
- Cash Position: Cash and equivalents constituted 8.0% of total assets in 2022, down from 28.5% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 16.0% of total assets, an increase from 0.0% in 2016.
- Asset Diversification: The largest asset category is property, plant & equipment at 44.4% of total assets.
Quantafuel ASA Competitors by Total Assets
Key competitors of Quantafuel ASA based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Sino Green Land Corporation
PINK:SGLA
|
USA | $4.97 Million |
|
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 |
Quantafuel ASA - 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 - Quantafuel ASA generates 0.04x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Quantafuel ASA is currently not profitable relative to its asset base.
Quantafuel ASA - 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 | 0.31 | 3.48 | 0.59 |
| Quick Ratio | 0.29 | 3.32 | 0.59 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-351.04 Million | $ 227.16 Million | $ -72.15 Million |
Quantafuel ASA - Advanced Valuation Insights
This section examines the relationship between Quantafuel ASA'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 | 1.96 |
| Latest Market Cap to Assets Ratio | 0.05 |
| Asset Growth Rate (YoY) | -1.2% |
| Total Assets | $1.48 Billion |
| Market Capitalization | $80.52 Million USD |
Valuation Analysis
Below Book Valuation: The market values Quantafuel ASA's assets below their book value (0.05 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Quantafuel ASA's assets decreased by 1.2% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Quantafuel ASA (2016–2022)
The table below shows the annual total assets of Quantafuel ASA from 2016 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-12-31 | $1.48 Billion | -1.24% |
| 2021-12-31 | $1.50 Billion | +0.21% |
| 2020-12-31 | $1.50 Billion | +150.73% |
| 2019-12-31 | $597.07 Million | +192.81% |
| 2018-12-31 | $203.91 Million | +483.43% |
| 2017-12-31 | $34.95 Million | +48.14% |
| 2016-12-31 | $23.59 Million | -- |