West Texas Resources Inc
West Texas Resources, Inc. engages in the operation of oil field. The company is based in Brenham, Texas.
West Texas Resources Inc (WTXR) - Total Assets
Latest total assets as of June 2025: $150.96K USD
Based on the latest financial reports, West Texas Resources Inc (WTXR) holds total assets worth $150.96K USD as of June 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.
West Texas Resources Inc - Total Assets Trend (2011–2024)
This chart illustrates how West Texas Resources Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
West Texas Resources Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
West Texas Resources Inc's total assets of $150.96K consist of 2.0% current assets and 98.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.1% |
| Accounts Receivable | $0.00 | 0.0% |
| 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 (2011–2024)
This chart illustrates how West Texas 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: West Texas Resources Inc's current assets represent 2.0% of total assets in 2024, a decrease from 75.7% in 2011.
- Cash Position: Cash and equivalents constituted 0.1% of total assets in 2024, down from 75.7% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2011.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
West Texas Resources Inc Competitors by Total Assets
Key competitors of West Texas 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 |
West Texas 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 - West Texas Resources Inc generates 0.01x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - West Texas Resources Inc is currently not profitable relative to its asset base.
West Texas 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 | 0.01 | 0.02 | 0.05 |
| Quick Ratio | 0.01 | 0.02 | 0.05 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-154.56K | $ -165.57K | $ -235.01K |
West Texas Resources Inc - Advanced Valuation Insights
This section examines the relationship between West Texas 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 | 61.99 |
| Latest Market Cap to Assets Ratio | 3.89 |
| Asset Growth Rate (YoY) | -1.5% |
| Total Assets | $153.10K |
| Market Capitalization | $596.29K USD |
Valuation Analysis
Premium Asset Valuation: The market values West Texas Resources Inc's assets at a significant premium ( 3.89x), suggesting investors see substantial growth potential or unique competitive advantages.
Slight Asset Contraction: West Texas Resources Inc's assets decreased by 1.5% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for West Texas Resources Inc (2011–2024)
The table below shows the annual total assets of West Texas Resources Inc from 2011 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $153.10K | -1.49% |
| 2023-12-31 | $155.42K | 0.00% |
| 2023-09-30 | $155.42K | -1.89% |
| 2022-12-31 | $158.41K | 0.00% |
| 2022-09-30 | $158.41K | -3.02% |
| 2021-12-31 | $163.35K | -1.03% |
| 2020-12-31 | $165.04K | -33.99% |
| 2020-09-30 | $250.04K | -7.20% |
| 2019-12-31 | $269.44K | 0.00% |
| 2019-09-30 | $269.44K | -48.73% |
| 2017-12-31 | $525.54K | +78.85% |
| 2016-12-31 | $293.84K | -18.42% |
| 2015-12-31 | $360.19K | -66.51% |
| 2014-12-31 | $1.08 Million | -9.46% |
| 2013-12-31 | $1.19 Million | +562.82% |
| 2012-12-31 | $179.19K | -19.95% |
| 2011-12-31 | $223.85K | -- |