Terax Energy Inc
Terax Energy, Inc. does not have significant operations. It intends to locate and combine with an existing, privately-held company. Previously, it was engaged in the acquisition, exploitation, and development of oil and gas properties. The company was founded in 2000 and is based in Dallas, Texas.
Terax Energy Inc (TEXG) - Total Assets
Latest total assets as of March 2007: $16.05 Million USD
Based on the latest financial reports, Terax Energy Inc (TEXG) holds total assets worth $16.05 Million USD as of March 2007.
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.
Terax Energy Inc - Total Assets Trend (2004–2012)
This chart illustrates how Terax Energy Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Terax Energy Inc - Asset Composition Analysis
Current Asset Composition (June 2012)
Terax Energy Inc's total assets of $16.05 Million consist of 0.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.0% |
| Accounts Receivable | $0.00 | 0.0% |
| 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 (2004–2012)
This chart illustrates how Terax 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: Terax Energy Inc's current assets represent 0.0% of total assets in 2012, a decrease from 100.0% in 2004.
- Cash Position: Cash and equivalents constituted 0.0% of total assets in 2012, down from 100.0% 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 goodwill at 0.0% of total assets.
Terax Energy Inc Competitors by Total Assets
Key competitors of Terax Energy Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
464680
KQ:464680
|
Korea | ₩31.23 Billion |
|
Cartesian Growth Corporation III Unit
NASDAQ:CGCTU
|
USA | $281.56 Million |
|
Azure Holding Group Corp
PINK:AZRH
|
USA | $16.92 Million |
|
Constellation Capital Corp.
V:CNST-P
|
Canada | CA$627.53K |
|
Little Fish Acquisition I Corp.
V:LILL-P
|
Canada | CA$56.48K |
|
Hana 30 Special Purpose Acquisition Company
KQ:469880
|
Korea | ₩17.89 Billion |
|
Chicane Capital I Corp.
V:CCIC-P
|
Canada | CA$199.07K |
|
Cuspis Capital II Ltd
V:CCII-P
|
Canada | CA$1.51 Million |
Terax 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 - Terax Energy Inc generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Terax Energy Inc is currently not profitable relative to its asset base.
Terax 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 | 0.00 | 0.05 | 0.05 |
| Quick Ratio | 0.00 | 0.05 | 0.05 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-9.71 Million | $ -23.20 Million | $ -23.20 Million |
Terax Energy Inc - Advanced Valuation Insights
This section examines the relationship between Terax 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 | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 0.0% |
| Total Assets | $0.00 |
| Market Capitalization | $6.44 USD |
Valuation Analysis
Below Book Valuation: The market values Terax Energy Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Terax Energy Inc's assets decreased by 0.0% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Terax Energy Inc (2004–2012)
The table below shows the annual total assets of Terax Energy Inc from 2004 to 2012.
| Year | Total Assets | Change |
|---|---|---|
| 2012-06-30 | $0.00 | -- |
| 2011-06-30 | $0.00 | -- |
| 2006-06-30 | $17.56 Million | +1041.93% |
| 2005-06-30 | $1.54 Million | +9699.58% |
| 2004-12-31 | $15.69K | -- |