Texas Gulf Energy In
Texas Gulf Energy, Inc. provides turnkey and specialty construction services to a range of industrial and energy sector clients in the United States. It is also involved in the management and execution of capital and turnaround projects; and the provision of project management personnel and other construction resources, such as project planners/schedulers, engineers, welders, fitters, and millwri… Read more
Texas Gulf Energy In (TXGE) - Total Assets
Latest total assets as of September 2014: $996.54K USD
Based on the latest financial reports, Texas Gulf Energy In (TXGE) holds total assets worth $996.54K USD as of September 2014.
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.
Texas Gulf Energy In - Total Assets Trend (2010–2013)
This chart illustrates how Texas Gulf Energy In’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Texas Gulf Energy In - Asset Composition Analysis
Current Asset Composition (December 2013)
Texas Gulf Energy In's total assets of $996.54K consist of 82.8% current assets and 17.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 8.7% |
| Accounts Receivable | $2.25 Million | 57.6% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $370.22K | 9.5% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2010–2013)
This chart illustrates how Texas Gulf Energy In'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: Texas Gulf Energy In's current assets represent 82.8% of total assets in 2013, a decrease from 93.9% in 2010.
- Cash Position: Cash and equivalents constituted 8.7% of total assets in 2013, up from 6.3% in 2010.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2010.
- Asset Diversification: The largest asset category is accounts receivable at 57.6% of total assets.
Texas Gulf Energy In Competitors by Total Assets
Key competitors of Texas Gulf Energy In based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Xinjiang Zhundong Petroleum
SHE:002207
|
China | CN¥399.19 Million |
|
Yantai Jereh Oilfield Services Group Co Ltd
SHE:002353
|
China | CN¥38.08 Billion |
|
China Oil HBP Science & Technology Co Ltd
SHE:002554
|
China | CN¥5.76 Billion |
|
Zhejiang Renzhi Co Ltd
SHE:002629
|
China | CN¥269.97 Million |
|
Reservoir Link Energy Bhd
KLSE:0219
|
Malaysia | RM215.28 Million |
|
Ocean Vantage Holdings Bhd
KLSE:0220
|
Malaysia | RM108.28 Million |
|
Aker Solutions OL
F:1AKA
|
Germany | €38.35 Billion |
|
Prime Oil Chemical Service Corp
TW:2904
|
Taiwan | NT$1.82 Billion |
Texas Gulf Energy In - 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 - Texas Gulf Energy In generates 2.44x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Texas Gulf Energy In is currently not profitable relative to its asset base.
Texas Gulf Energy In - 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 | 0.56 | 1.37 | 1.37 |
| Quick Ratio | 0.56 | 1.37 | 1.37 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-522.80K | $ 870.76K | $ 870.76K |
Texas Gulf Energy In - Advanced Valuation Insights
This section examines the relationship between Texas Gulf Energy In'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 | 0.03 |
| Asset Growth Rate (YoY) | -62.7% |
| Total Assets | $3.90 Million |
| Market Capitalization | $118.71K USD |
Valuation Analysis
Below Book Valuation: The market values Texas Gulf Energy In's assets below their book value (0.03 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Texas Gulf Energy In's assets decreased by 62.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Texas Gulf Energy In (2010–2013)
The table below shows the annual total assets of Texas Gulf Energy In from 2010 to 2013.
| Year | Total Assets | Change |
|---|---|---|
| 2013-12-31 | $3.90 Million | -62.69% |
| 2012-12-31 | $10.46 Million | +25.29% |
| 2011-12-31 | $8.35 Million | +115.77% |
| 2010-12-31 | $3.87 Million | -- |