Quantum Energy Inc
Quantum Energy, Inc. focuses on sourcing and processing rare earth elements, metals, and oxides in the United States. It processes materials into salts and oxides. The company was formerly known as Boomers Cultural Development Inc. and changed its name to Quantum Energy, Inc. in May 2006. Quantum Energy, Inc. was incorporated in 2004 and is based in North Las Vegas, Nevada.
Quantum Energy Inc (QREE) - Total Assets
Latest total assets as of December 2023: $26.45 Million USD
Based on the latest financial reports, Quantum Energy Inc (QREE) holds total assets worth $26.45 Million 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.
Quantum Energy Inc - Total Assets Trend (2004–2023)
This chart illustrates how Quantum Energy Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Quantum Energy Inc - Asset Composition Analysis
Current Asset Composition (December 2023)
Quantum Energy Inc's total assets of $26.45 Million consist of 8.0% current assets and 92.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 4.7% |
| Accounts Receivable | $940.43K | 3.6% |
| 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 (2004–2023)
This chart illustrates how Quantum Energy 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: Quantum Energy Inc's current assets represent 8.0% of total assets in 2023, a decrease from 93.7% in 2004.
- Cash Position: Cash and equivalents constituted 4.7% of total assets in 2023, down from 93.7% in 2004.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2004.
- Asset Diversification: The largest asset category is accounts receivable at 3.6% of total assets.
Quantum Energy Inc Competitors by Total Assets
Key competitors of Quantum Energy Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Galileo Resources Plc
LSE:GLR
|
UK | GBX14.28 Million |
|
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
SHE:000060
|
China | CN¥48.31 Billion |
|
Shengda Mining Co Ltd
SHE:000603
|
China | CN¥7.11 Billion |
|
Pangang Group Vanadium Titanium & Resources Co Ltd
SHE:000629
|
China | CN¥14.74 Billion |
|
China Tungsten and Hightech Materials Co Ltd
SHE:000657
|
China | CN¥20.78 Billion |
|
Guocheng Mining Co Ltd
SHE:000688
|
China | CN¥8.41 Billion |
|
China Nonferrous Metal Industry’s Foreign Engineering and Construction Co Ltd
SHE:000758
|
China | CN¥23.09 Billion |
|
Huludao Zinc Industry Co Ltd
SHE:000751
|
China | CN¥10.04 Billion |
Quantum Energy 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 - Quantum Energy Inc generates 0.02x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Quantum Energy Inc is currently not profitable relative to its asset base.
Quantum Energy 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 | 0.07 | 0.81 | 0.03 |
| Quick Ratio | 0.07 | 0.80 | 0.03 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-26.38 Million | $ -2.55 Million | $ -224.77K |
Quantum Energy Inc - Advanced Valuation Insights
This section examines the relationship between Quantum Energy 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 | 0.53 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 43.0% |
| Total Assets | $26.45 Million |
| Market Capitalization | $6.86K USD |
Valuation Analysis
Below Book Valuation: The market values Quantum Energy Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Quantum Energy Inc's assets grew by 43.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Quantum Energy Inc (2004–2023)
The table below shows the annual total assets of Quantum Energy Inc from 2004 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $26.45 Million | +43.05% |
| 2022-12-31 | $18.49 Million | 0.00% |
| 2021-12-31 | $18.49 Million | +39340512.77% |
| 2020-12-31 | $47.00 | 0.00% |
| 2019-12-31 | $47.00 | -99.50% |
| 2018-12-31 | $9.40K | -85.58% |
| 2017-12-31 | $65.19K | -91.48% |
| 2016-12-31 | $765.19K | +4962.45% |
| 2015-12-31 | $15.12K | -92.39% |
| 2014-12-31 | $198.51K | +25220.66% |
| 2009-12-31 | $784.00 | -56.99% |
| 2008-12-31 | $1.82K | -95.94% |
| 2007-12-31 | $44.85K | -96.66% |
| 2006-12-31 | $1.34 Million | +21590.33% |
| 2005-12-31 | $6.20K | -90.59% |
| 2004-12-31 | $65.84K | -- |