LGX Oil + Gas Inc
LGX Oil + Gas Inc., a junior oil and natural gas company, engages in the acquisition, exploration, development, and production of oil and natural gas reserves primarily in Western Canada. The company produces light crude oil, natural gas liquids, and natural gas. Its principal properties comprise the Manyberries property, Alberta Bakken properties, and Armada property located in southern Alberta.… Read more
LGX Oil + Gas Inc (ROAOF) - Total Assets
Latest total assets as of March 2016: $74.94 Million USD
Based on the latest financial reports, LGX Oil + Gas Inc (ROAOF) holds total assets worth $74.94 Million USD as of March 2016.
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.
LGX Oil + Gas Inc - Total Assets Trend (2009–2015)
This chart illustrates how LGX Oil + Gas Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
LGX Oil + Gas Inc - Asset Composition Analysis
Current Asset Composition (December 2015)
LGX Oil + Gas Inc's total assets of $74.94 Million consist of 2.7% current assets and 97.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.1% |
| Accounts Receivable | $761.59K | 1.4% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $71.45 Million | 135.2% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2009–2015)
This chart illustrates how LGX Oil + Gas 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: LGX Oil + Gas Inc's current assets represent 2.7% of total assets in 2015, an increase from 0.0% in 2009.
- Cash Position: Cash and equivalents constituted 0.1% of total assets in 2015, down from 18.3% in 2009.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 10.0% in 2009.
- Asset Diversification: The largest asset category is property, plant & equipment at 135.2% of total assets.
LGX Oil + Gas Inc Competitors by Total Assets
Key competitors of LGX Oil + Gas Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Bounty Oil & Gas NL
PINK:BYOGF
|
USA | $8.51 Million |
|
Shanxi Blue Flame Holding Co Ltd
SHE:000968
|
China | CN¥11.13 Billion |
|
Oriental Energy Co Ltd
SHE:002221
|
China | CN¥40.74 Billion |
|
P/F Atlantic Petroleum
CO:ATLA-DKK
|
Denmark | Dkr7.35 Million |
|
East West Minerals Ltd.
F:37A0
|
Germany | €4.02 Million |
|
Hibiscus Petroleum BHD
KLSE:5199
|
Malaysia | RM7.43 Billion |
|
Reach Energy Bhd
KLSE:5256
|
Malaysia | RM861.30 Million |
|
Geo-Jade Petroleum Corp
SHG:600759
|
China | CN¥12.56 Billion |
LGX Oil + Gas 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 - LGX Oil + Gas Inc generates 0.14x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - LGX Oil + Gas Inc is currently not profitable relative to its asset base.
LGX Oil + Gas 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 | 0.00 | 0.00 |
| Quick Ratio | 0.07 | 0.00 | 0.00 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-31.43 Million | $ -26.02 Million | $ -4.68 Million |
LGX Oil + Gas Inc - Advanced Valuation Insights
This section examines the relationship between LGX Oil + Gas 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 | 0.00 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -52.1% |
| Total Assets | $52.84 Million |
| Market Capitalization | $0.92 USD |
Valuation Analysis
Below Book Valuation: The market values LGX Oil + Gas Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: LGX Oil + Gas Inc's assets decreased by 52.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for LGX Oil + Gas Inc (2009–2015)
The table below shows the annual total assets of LGX Oil + Gas Inc from 2009 to 2015.
| Year | Total Assets | Change |
|---|---|---|
| 2015-12-31 | $52.84 Million | -52.06% |
| 2014-12-31 | $110.23 Million | -18.50% |
| 2013-12-31 | $135.25 Million | -8.91% |
| 2012-12-31 | $148.47 Million | +235.49% |
| 2011-12-31 | $44.26 Million | -13.12% |
| 2010-12-31 | $50.94 Million | +29.35% |
| 2009-12-31 | $39.38 Million | -- |