Tuscany Energy Ltd
Tuscany Energy Ltd. engages in the acquisition, exploration, development, and production of crude oil and natural gas in Canada. The company was formerly known as Tuscany Resources Ltd. and changed its name to Tuscany Energy Ltd. in August 1998. Tuscany Energy Ltd. was incorporated in 1994 and is headquartered in Calgary, Canada. As of June 2016, Tuscany Energy Ltd. is in liquidation.
Tuscany Energy Ltd (TSCAF) - Total Assets
Latest total assets as of March 2016: $21.73 Million USD
Based on the latest financial reports, Tuscany Energy Ltd (TSCAF) holds total assets worth $21.73 Million USD as of March 2016.
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.
Tuscany Energy Ltd - Total Assets Trend (2001–2015)
This chart illustrates how Tuscany Energy Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Tuscany Energy Ltd - Asset Composition Analysis
Current Asset Composition (December 2015)
Tuscany Energy Ltd's total assets of $21.73 Million consist of 6.9% current assets and 93.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.1% |
| Accounts Receivable | $1.75 Million | 6.4% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $25.41 Million | 93.2% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2001–2015)
This chart illustrates how Tuscany Energy 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: Tuscany Energy Ltd's current assets represent 6.9% of total assets in 2015, a decrease from 100.0% in 2001.
- Cash Position: Cash and equivalents constituted 0.1% of total assets in 2015, down from 96.2% in 2001.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2001.
- Asset Diversification: The largest asset category is property, plant & equipment at 93.2% of total assets.
Tuscany Energy Ltd Competitors by Total Assets
Key competitors of Tuscany Energy Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Aban Offshore Limited
NSE:ABAN
|
India | ₹16.43 Billion |
|
XinJiang Beiken Energy Engineering Stock Co Ltd
SHE:002828
|
China | CN¥1.85 Billion |
|
Daldrup & Söhne Aktiengesellschaft
F:4DS
|
Germany | €37.46 Million |
|
Velesto Energy Bhd
KLSE:5243
|
Malaysia | RM2.85 Billion |
|
ARCHER
F:8SW
|
Germany | €1.07 Billion |
|
ACT Energy Technologies Ltd.
TO:ACX
|
Canada | CA$458.00 Million |
|
Agri-Dynamics Inc
PINK:AGDY
|
USA | $144.28K |
|
AKITA Drilling Ltd
PINK:AKTAF
|
USA | $258.01 Million |
Tuscany Energy 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
Lower asset utilization - Tuscany Energy Ltd generates 0.37x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Tuscany Energy Ltd is currently not profitable relative to its asset base.
Tuscany Energy 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 | 0.08 | 0.31 | 1.89 |
| Quick Ratio | 0.08 | 0.31 | 1.89 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-9.88 Million | $ -7.21 Million | $ 2.61 Million |
Tuscany Energy Ltd - Advanced Valuation Insights
This section examines the relationship between Tuscany Energy 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 | 0.00 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -18.6% |
| Total Assets | $27.28 Million |
| Market Capitalization | $3.56K USD |
Valuation Analysis
Below Book Valuation: The market values Tuscany Energy Ltd's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Tuscany Energy Ltd's assets decreased by 18.6% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Tuscany Energy Ltd (2001–2015)
The table below shows the annual total assets of Tuscany Energy Ltd from 2001 to 2015.
| Year | Total Assets | Change |
|---|---|---|
| 2015-12-31 | $27.28 Million | -18.57% |
| 2014-12-31 | $33.50 Million | -2.37% |
| 2013-12-31 | $34.32 Million | +41.93% |
| 2012-12-31 | $24.18 Million | -12.84% |
| 2011-12-31 | $27.74 Million | +126.32% |
| 2010-12-31 | $12.26 Million | +17.00% |
| 2009-12-31 | $10.48 Million | +12.25% |
| 2008-12-31 | $9.33 Million | +2.10% |
| 2007-12-31 | $9.14 Million | +4.39% |
| 2006-12-31 | $8.76 Million | +3.24% |
| 2005-12-31 | $8.48 Million | +6274.98% |
| 2004-12-31 | $133.05K | -7.43% |
| 2003-12-31 | $143.73K | -60.41% |
| 2002-12-31 | $363.03K | +157.48% |
| 2001-12-31 | $140.99K | -- |