Unit Corporation
Unit Corporation, together with its subsidiaries, engages in the exploration, acquisition, development, and production of oil and natural gas properties in the United States. The company operates through Oil and Natural Gas and Contract Drilling segments. The Oil and Natural Gas segment explores for, acquires, develops, and produces oil and natural gas properties. The Contract Drilling segment is… Read more
Unit Corporation (UNTC) - Total Assets
Latest total assets as of September 2025: $309.46 Million USD
Based on the latest financial reports, Unit Corporation (UNTC) holds total assets worth $309.46 Million USD as of September 2025.
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.
Unit Corporation - Total Assets Trend (1985–2024)
This chart illustrates how Unit Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Unit Corporation - Asset Composition Analysis
Current Asset Composition (December 2024)
Unit Corporation's total assets of $309.46 Million consist of 31.2% current assets and 68.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 16.9% |
| Accounts Receivable | $37.55 Million | 13.0% |
| 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 (1985–2024)
This chart illustrates how Unit 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: Unit Corporation's current assets represent 31.2% of total assets in 2024, an increase from 16.8% in 1985.
- Cash Position: Cash and equivalents constituted 16.9% of total assets in 2024, up from 2.3% in 1985.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1985.
- Asset Diversification: The largest asset category is accounts receivable at 13.0% of total assets.
Unit Corporation Competitors by Total Assets
Key competitors of Unit Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Pioneer Oil & Gas
PINK:POGS
|
USA | $513.62K |
|
Sichuan Shengda Forestry Industry Co Ltd
SHE:002259
|
China | CN¥930.69 Million |
|
Galp Energia Nom
IL:0B67
|
UK | €16.23 Billion |
|
Guanghui Energy Co Ltd
SHG:600256
|
China | CN¥52.69 Billion |
|
Zhongman Petro & Natural Gas
SHG:603619
|
China | CN¥12.68 Billion |
|
Uzma Bhd
KLSE:7250
|
Malaysia | RM1.90 Billion |
|
Quadrise Fuels International plc
STU:8QF
|
Germany | €5.17 Million |
|
Bedford Energy Inc
PINK:BFDE
|
USA | $704.63K |
Unit 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 - Unit Corporation generates 0.82x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Unit Corporation generates $ 16.33 in net profit.
Unit 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 | 3.55 | 3.93 | 1.03 |
| Quick Ratio | 3.55 | 3.93 | 1.02 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $113.17 Million | $ 86.08 Million | $ 2.58 Million |
Unit Corporation - Advanced Valuation Insights
This section examines the relationship between Unit 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 | 1.29 |
| Latest Market Cap to Assets Ratio | 0.87 |
| Asset Growth Rate (YoY) | -10.4% |
| Total Assets | $289.24 Million |
| Market Capitalization | $252.89 Million USD |
Valuation Analysis
Near Book Valuation: The market values Unit Corporation's assets close to their book value ( 0.87x), suggesting investors view the company's assets at approximately fair value.
Significant Asset Reduction: Unit Corporation's assets decreased by 10.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Unit Corporation (1985–2024)
The table below shows the annual total assets of Unit Corporation from 1985 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $289.24 Million | -10.37% |
| 2023-12-31 | $322.72 Million | -31.23% |
| 2022-12-31 | $469.25 Million | -25.45% |
| 2021-12-31 | $629.48 Million | -3.11% |
| 2020-12-31 | $649.70 Million | -68.91% |
| 2019-12-31 | $2.09 Billion | -22.53% |
| 2018-12-31 | $2.70 Billion | +4.52% |
| 2017-12-31 | $2.58 Billion | +4.12% |
| 2016-12-31 | $2.48 Billion | -11.72% |
| 2015-12-31 | $2.81 Billion | -37.22% |
| 2014-12-31 | $4.47 Billion | +11.22% |
| 2013-12-31 | $4.02 Billion | +6.95% |
| 2012-12-31 | $3.76 Billion | +15.49% |
| 2011-12-31 | $3.26 Billion | +22.01% |
| 2010-12-31 | $2.67 Billion | +19.78% |
| 2009-12-31 | $2.23 Billion | -13.69% |
| 2008-12-31 | $2.58 Billion | +17.37% |
| 2007-12-31 | $2.20 Billion | +17.38% |
| 2006-12-31 | $1.87 Billion | +28.70% |
| 2005-12-31 | $1.46 Billion | +42.33% |
| 2004-12-31 | $1.02 Billion | +43.51% |
| 2003-12-31 | $712.92 Million | +23.31% |
| 2002-12-31 | $578.16 Million | +38.56% |
| 2001-12-31 | $417.25 Million | +20.49% |
| 2000-12-31 | $346.29 Million | +22.10% |
| 1999-12-31 | $283.60 Million | +27.12% |
| 1998-12-31 | $223.10 Million | +10.17% |
| 1997-12-31 | $202.50 Million | +46.74% |
| 1996-12-31 | $138.00 Million | +24.44% |
| 1995-12-31 | $110.90 Million | -1.33% |
| 1994-12-31 | $112.40 Million | +17.33% |
| 1993-12-31 | $95.80 Million | +8.00% |
| 1992-12-31 | $88.70 Million | -3.69% |
| 1991-12-31 | $92.10 Million | +6.72% |
| 1990-12-31 | $86.30 Million | +12.96% |
| 1989-12-31 | $76.40 Million | +17.54% |
| 1988-12-31 | $65.00 Million | +15.86% |
| 1987-12-31 | $56.10 Million | -38.22% |
| 1986-12-31 | $90.80 Million | -8.74% |
| 1985-12-31 | $99.50 Million | -- |