Razor Energy Corp
Razor Energy Corp. engages in the acquisition, exploration, development, and production of oil and natural gas properties in western Canada. The Company produces primarily light oil, natural gas, and natural gas liquids in Alberta. It operates assets in the Swan Hills area covering 155,520 gross acres of total land and the Kaybob area covering 84,320 gross acres of total land located in the west … Read more
Razor Energy Corp (RZREF) - Total Assets
Latest total assets as of September 2023: $166.33 Million USD
Based on the latest financial reports, Razor Energy Corp (RZREF) holds total assets worth $166.33 Million 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.
Razor Energy Corp - Total Assets Trend (2011–2022)
This chart illustrates how Razor Energy Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Razor Energy Corp - Asset Composition Analysis
Current Asset Composition (December 2022)
Razor Energy Corp's total assets of $166.33 Million consist of 10.6% current assets and 89.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.2% |
| Accounts Receivable | $13.54 Million | 6.8% |
| Inventory | $660.00K | 0.3% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2011–2022)
This chart illustrates how Razor Energy Corp'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: Razor Energy Corp's current assets represent 10.6% of total assets in 2022, a decrease from 100.0% in 2011.
- Cash Position: Cash and equivalents constituted 1.2% of total assets in 2022, down from 100.0% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2011.
- Asset Diversification: The largest asset category is accounts receivable at 6.8% of total assets.
Razor Energy Corp Competitors by Total Assets
Key competitors of Razor Energy Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Aker BP ASA
PINK:AKRBF
|
USA | $42.88 Billion |
|
Jadestone Energy plc
PINK:JDSEF
|
USA | $1.12 Billion |
|
Helium Evolution Incorporated
PINK:HEEVF
|
USA | $21.95 Million |
|
One Step Vending Corp
PINK:KOSK
|
USA | $578.00K |
|
Melbana Energy Ltd
AU:MAY
|
Australia | AU$80.17 Million |
|
Black Rock Petroleum Co
PINK:BKRP
|
USA | $1.39K |
|
West Texas Resources Inc
PINK:WTXR
|
USA | $150.96K |
|
Shanxi Blue Flame Holding Co Ltd
SHE:000968
|
China | CN¥11.13 Billion |
Razor Energy Corp - 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
Strong asset utilization - Razor Energy Corp generates 0.75x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Razor Energy Corp is currently not profitable relative to its asset base.
Razor Energy Corp - 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 | 0.34 | 0.47 | 1.02 |
| Quick Ratio | 0.33 | 0.45 | 0.96 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-53.63 Million | $ -35.76 Million | $ 417.00K |
Razor Energy Corp - Advanced Valuation Insights
This section examines the relationship between Razor Energy Corp'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 | 0.01 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -16.1% |
| Total Assets | $200.76 Million |
| Market Capitalization | $1.99K USD |
Valuation Analysis
Below Book Valuation: The market values Razor Energy Corp's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Razor Energy Corp's assets decreased by 16.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Razor Energy Corp (2011–2022)
The table below shows the annual total assets of Razor Energy Corp from 2011 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-12-31 | $200.76 Million | -16.06% |
| 2021-12-31 | $239.17 Million | +46.09% |
| 2020-12-31 | $163.71 Million | -13.45% |
| 2019-12-31 | $189.16 Million | +19.77% |
| 2018-12-31 | $157.94 Million | +17.95% |
| 2017-12-31 | $133.90 Million | +331690.48% |
| 2016-12-31 | $40.36K | -74.61% |
| 2015-12-31 | $158.95K | -21.67% |
| 2014-12-31 | $202.93K | +29.29% |
| 2013-12-31 | $156.95K | -44.45% |
| 2012-12-31 | $282.53K | -32.86% |
| 2011-12-31 | $420.78K | -- |