Trek Resources Inc
Trek Resources, Inc., an independent energy company, engages in the exploration, development, exploitation, and acquisition of onshore oil and natural gas properties principally in the United States. The company was formerly known as McGowen Resources Company, Inc. and changed its name to Trek Resources, Inc. in 2001. Trek Resources was incorporated in 1983 and is based in Dallas, Texas.
Trek Resources Inc (TRKX) - Total Assets
Latest total assets as of June 2013: $63.01 Million USD
Based on the latest financial reports, Trek Resources Inc (TRKX) holds total assets worth $63.01 Million USD as of June 2013.
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.
Trek Resources Inc - Total Assets Trend (2002–2012)
This chart illustrates how Trek Resources Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Trek Resources Inc - Asset Composition Analysis
Current Asset Composition (September 2012)
Trek Resources Inc's total assets of $63.01 Million consist of 17.9% current assets and 82.1% 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 | $30.23 Million | 56.1% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2002–2012)
This chart illustrates how Trek Resources 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: Trek Resources Inc's current assets represent 17.9% of total assets in 2012, an increase from 10.0% in 2002.
- Cash Position: Cash and equivalents constituted 0.0% of total assets in 2012, down from 3.7% in 2002.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2002.
- Asset Diversification: The largest asset category is property, plant & equipment at 56.1% of total assets.
Trek Resources Inc Competitors by Total Assets
Key competitors of Trek Resources 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 |
Trek Resources 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 - Trek Resources Inc generates 0.27x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Trek Resources Inc generates $6.78 in net profit.
Trek Resources 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 | 1.77 | 1.47 | 0.12 |
| Quick Ratio | 1.77 | 1.47 | 0.12 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $4.89 Million | $ 1.02 Million | $ -9.46 Million |
Trek Resources Inc - Advanced Valuation Insights
This section examines the relationship between Trek Resources 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 | 1.33 |
| Latest Market Cap to Assets Ratio | 0.07 |
| Asset Growth Rate (YoY) | 25.6% |
| Total Assets | $53.92 Million |
| Market Capitalization | $3.73 Million USD |
Valuation Analysis
Below Book Valuation: The market values Trek Resources Inc's assets below their book value (0.07 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Trek Resources Inc's assets grew by 25.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Trek Resources Inc (2002–2012)
The table below shows the annual total assets of Trek Resources Inc from 2002 to 2012.
| Year | Total Assets | Change |
|---|---|---|
| 2012-09-30 | $53.92 Million | +25.59% |
| 2011-09-30 | $42.94 Million | +28.30% |
| 2010-09-30 | $33.47 Million | +14.20% |
| 2009-09-30 | $29.30 Million | +79.64% |
| 2004-09-30 | $16.31 Million | +10.53% |
| 2003-09-30 | $14.76 Million | +11.01% |
| 2002-09-30 | $13.30 Million | -- |