Tidewater Renewables Ltd
Tidewater Renewables Ltd. engages in production of renewable fuel in North America. Its flagship asset is the renewable diesel & renewable hydrogen complex that is located adjacent to the Prince George Refinery. It intends to focus on the production of low carbon fuels, including renewable diesel, renewable hydrogen, and renewable natural gas. Tidewater Renewables Ltd. was incorporated in 2021 an… Read more
Tidewater Renewables Ltd (TDWRF) - Total Assets
Latest total assets as of September 2025: $286.09 Million USD
Based on the latest financial reports, Tidewater Renewables Ltd (TDWRF) holds total assets worth $286.09 Million USD as of September 2025.
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.
Tidewater Renewables Ltd - Total Assets Trend (2019–2024)
This chart illustrates how Tidewater Renewables Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Tidewater Renewables Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Tidewater Renewables Ltd's total assets of $286.09 Million consist of 18.2% current assets and 81.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.0% |
| Accounts Receivable | $13.92 Million | 3.4% |
| Inventory | $42.23 Million | 10.4% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2019–2024)
This chart illustrates how Tidewater Renewables Ltd'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: Tidewater Renewables Ltd's current assets represent 18.2% of total assets in 2024, an increase from 0.4% in 2019.
- Cash Position: Cash and equivalents constituted 0.0% of total assets in 2024, up from -39.1% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2019.
- Asset Diversification: The largest asset category is inventory at 10.4% of total assets.
Tidewater Renewables Ltd Competitors by Total Assets
Key competitors of Tidewater Renewables Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Tunghsu Azure Renewable Energy Co Ltd
SHE:000040
|
China | CN¥23.04 Billion |
|
Tianjin Guangyu Development Co Ltd
SHE:000537
|
China | CN¥94.26 Billion |
|
CECEP Solar Energy Co Ltd
SHE:000591
|
China | CN¥52.84 Billion |
|
GEPIC Energy Development Co Ltd
SHE:000791
|
China | CN¥38.52 Billion |
|
Tieling Newcity Investment Holding Ltd
SHE:000809
|
China | CN¥2.91 Billion |
|
Hubei Energy Group Co Ltd
SHE:000883
|
China | CN¥95.95 Billion |
|
Fujian MinDong Electric Power Co Ltd
SHE:000993
|
China | CN¥3.76 Billion |
|
Xinjiang Lixin Energy Co. Ltd. A
SHE:001258
|
China | CN¥16.78 Billion |
Tidewater Renewables Ltd - 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 - Tidewater Renewables Ltd generates 1.05x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Tidewater Renewables Ltd is currently not profitable relative to its asset base.
Tidewater Renewables Ltd - 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 | 1.29 | 1.15 | 0.06 |
| Quick Ratio | -0.21 | 0.44 | 0.06 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $9.76 Million | $ 11.37 Million | $ -6.38 Million |
Tidewater Renewables Ltd - Advanced Valuation Insights
This section examines the relationship between Tidewater Renewables Ltd'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 | 0.90 |
| Latest Market Cap to Assets Ratio | 0.07 |
| Asset Growth Rate (YoY) | -62.6% |
| Total Assets | $406.53 Million |
| Market Capitalization | $27.93 Million USD |
Valuation Analysis
Below Book Valuation: The market values Tidewater Renewables Ltd's assets below their book value (0.07 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Tidewater Renewables Ltd's assets decreased by 62.6% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Tidewater Renewables Ltd (2019–2024)
The table below shows the annual total assets of Tidewater Renewables Ltd from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $406.53 Million | -62.59% |
| 2023-12-31 | $1.09 Billion | +9.40% |
| 2022-12-31 | $993.32 Million | +35.89% |
| 2021-12-31 | $730.99 Million | +897.29% |
| 2020-12-31 | $73.30 Million | -2.26% |
| 2019-12-31 | $74.99 Million | -- |