Tradestar Resources Corporation
Tradestar Resources Corporation, an independent energy company, engages in the exploration, development, exploitation, and acquisition of on-shore oil and natural gas properties in the United States. The company was formerly known as Tradestar Corporation and changed its name to Tradestar Resources Corporation in 2006. Tradestar Resources Corporation was founded in 1966 and is based in Hot Spring… Read more
Tradestar Resources Corporation (TSRR) - Total Assets
Latest total assets as of September 2009: $290.12K USD
Based on the latest financial reports, Tradestar Resources Corporation (TSRR) holds total assets worth $290.12K USD as of September 2009.
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.
Tradestar Resources Corporation - Total Assets Trend (2006–2009)
This chart illustrates how Tradestar Resources Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Tradestar Resources Corporation - Asset Composition Analysis
Current Asset Composition (March 2009)
Tradestar Resources Corporation's total assets of $290.12K consist of 16.9% current assets and 83.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.9% |
| Accounts Receivable | $65.23K | 14.9% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $319.79K | 73.1% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2006–2009)
This chart illustrates how Tradestar Resources Corporation'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: Tradestar Resources Corporation's current assets represent 16.9% of total assets in 2009, a decrease from 27.6% in 2006.
- Cash Position: Cash and equivalents constituted 0.9% of total assets in 2009, down from 22.4% in 2006.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2006.
- Asset Diversification: The largest asset category is property, plant & equipment at 73.1% of total assets.
Tradestar Resources Corporation Competitors by Total Assets
Key competitors of Tradestar Resources Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Aker BP ASA
PINK:AKRBF
|
USA | $42.88 Billion |
|
Jadestone Energy plc
PINK:JDSEF
|
USA | $1.12 Billion |
|
Helium Evolution Incorporated
PINK:HEEVF
|
USA | $21.95 Million |
|
One Step Vending Corp
PINK:KOSK
|
USA | $578.00K |
|
Melbana Energy Ltd
AU:MAY
|
Australia | AU$80.17 Million |
|
Black Rock Petroleum Co
PINK:BKRP
|
USA | $1.39K |
|
West Texas Resources Inc
PINK:WTXR
|
USA | $150.96K |
|
Shanxi Blue Flame Holding Co Ltd
SHE:000968
|
China | CN¥11.13 Billion |
Tradestar Resources Corporation - 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 - Tradestar Resources Corporation generates 0.89x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Tradestar Resources Corporation is currently not profitable relative to its asset base.
Tradestar Resources Corporation - 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 | 0.52 | 0.19 | 0.19 |
| Quick Ratio | 0.52 | 0.19 | 0.19 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-83.87K | $ -263.11K | $ -263.11K |
Tradestar Resources Corporation - Advanced Valuation Insights
This section examines the relationship between Tradestar Resources Corporation'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) | 43.6% |
| Total Assets | $437.43K |
| Market Capitalization | $0.93 USD |
Valuation Analysis
Below Book Valuation: The market values Tradestar Resources Corporation's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Tradestar Resources Corporation's assets grew by 43.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Tradestar Resources Corporation (2006–2009)
The table below shows the annual total assets of Tradestar Resources Corporation from 2006 to 2009.
| Year | Total Assets | Change |
|---|---|---|
| 2009-03-31 | $437.43K | +43.57% |
| 2008-03-31 | $304.67K | -16.93% |
| 2007-03-31 | $366.78K | +13.60% |
| 2006-03-31 | $322.88K | -- |