Spyglass Resources Corp
Spyglass Resources Corp., an intermediate oil and gas company, operates oil and natural gas properties in the Western Canadian Sedimentary Basin. The company's principal properties are located in Dixonville, Enchant, Retlaw, Matziwin, and Halkirk-Provost in Alberta; and Noel, British Columbia. The company was formerly known as Pace Oil & Gas Ltd. and changed its name to Spyglass Resources Corp. i… Read more
Spyglass Resources Corp (SGLRF) - Total Assets
Latest total assets as of September 2015: $218.26K USD
Based on the latest financial reports, Spyglass Resources Corp (SGLRF) holds total assets worth $218.26K USD as of September 2015.
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.
Spyglass Resources Corp - Total Assets Trend (2009–2014)
This chart illustrates how Spyglass Resources Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Spyglass Resources Corp - Asset Composition Analysis
Current Asset Composition (December 2014)
Spyglass Resources Corp's total assets of $218.26K consist of 9.2% current assets and 90.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.0% |
| Accounts Receivable | $28.50 Million | 5877.7% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $447.35 Million | 92257.3% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2009–2014)
This chart illustrates how Spyglass Resources 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: Spyglass Resources Corp's current assets represent 9.2% of total assets in 2014, an increase from 0.0% in 2009.
- Cash Position: Cash and equivalents constituted 0.0% of total assets in 2014, the same as 0.0% in 2009.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2009.
- Asset Diversification: The largest asset category is property, plant & equipment at 92257.3% of total assets.
Spyglass Resources Corp Competitors by Total Assets
Key competitors of Spyglass Resources Corp 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 |
Spyglass Resources 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
Lower asset utilization - Spyglass Resources Corp generates 0.39x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Spyglass Resources Corp is currently not profitable relative to its asset base.
Spyglass Resources 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 | 0.11 | 0.57 | 0.00 |
| Quick Ratio | 0.11 | 0.57 | 0.00 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-127.94K | $ -27.23K | $ -51.69 Million |
Spyglass Resources Corp - Advanced Valuation Insights
This section examines the relationship between Spyglass Resources 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 | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -42.3% |
| Total Assets | $484.90K |
| Market Capitalization | $0.99 USD |
Valuation Analysis
Below Book Valuation: The market values Spyglass Resources Corp's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Spyglass Resources Corp's assets decreased by 42.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Spyglass Resources Corp (2009–2014)
The table below shows the annual total assets of Spyglass Resources Corp from 2009 to 2014.
| Year | Total Assets | Change |
|---|---|---|
| 2014-12-31 | $484.90K | -42.27% |
| 2013-12-31 | $839.95K | -99.86% |
| 2012-12-31 | $581.52 Million | -21.26% |
| 2011-12-31 | $738.53 Million | +2.26% |
| 2010-12-31 | $722.21 Million | -26.60% |
| 2009-12-31 | $983.88 Million | -- |