3R Petroleum Óleo e Gás S.A
3R Petroleum Óleo e Gás S.A. engages in the exploration and production of oil and natural gas in Brazil. The company holds 100% interest in the BAR-M-387 that is located in the Barreirinhas basin in the Northeast State of Maranhão. It also holds portfolio of assets that includes the Macau, Salina Cristal, Lagoa Aroeira, Porto Carão, Sanhaçu and Carcará fields located in the Potiguar Basin; Água G… Read more
3R Petroleum Óleo e Gás S.A (RRRP3) - Total Assets
Latest total assets as of June 2024: R$21.74 Billion BRL
Based on the latest financial reports, 3R Petroleum Óleo e Gás S.A (RRRP3) holds total assets worth R$21.74 Billion BRL as of June 2024.
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.
3R Petroleum Óleo e Gás S.A - Total Assets Trend (2012–2023)
This chart illustrates how 3R Petroleum Óleo e Gás S.A’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
3R Petroleum Óleo e Gás S.A - Asset Composition Analysis
Current Asset Composition (December 2023)
3R Petroleum Óleo e Gás S.A's total assets of R$21.74 Billion consist of 19.7% current assets and 80.3% non-current assets.
| Asset Category | Amount (BRL) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | R$0.00 | 10.2% |
| Accounts Receivable | R$681.92 Million | 3.4% |
| Inventory | R$873.40 Million | 4.3% |
| Property, Plant & Equipment | R$0.00 | 0.0% |
| Intangible Assets | R$7.02 Billion | 34.9% |
| Goodwill | R$0.00 | 0.0% |
Asset Composition Trend (2012–2023)
This chart illustrates how 3R Petroleum Óleo e Gás S.A'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: 3R Petroleum Óleo e Gás S.A's current assets represent 19.7% of total assets in 2023, a decrease from 85.5% in 2012.
- Cash Position: Cash and equivalents constituted 10.2% of total assets in 2023, down from 84.6% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 34.0% of total assets, an increase from 13.0% in 2012.
- Asset Diversification: The largest asset category is intangible assets at 34.9% of total assets.
3R Petroleum Óleo e Gás S.A Competitors by Total Assets
Key competitors of 3R Petroleum Óleo e Gás S.A 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 |
3R Petroleum Óleo e Gás S.A - 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 - 3R Petroleum Óleo e Gás S.A generates 0.28x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, 3R Petroleum Óleo e Gás S.A generates $ 2.01 in net profit.
3R Petroleum Óleo e Gás S.A - 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 | 1.37 | 1.08 | 2.71 |
| Quick Ratio | 1.01 | 0.76 | 2.71 |
| Cash Ratio | 0.00 | 0.38 | 0.00 |
| Working Capital | R$1.11 Billion | R$ 165.83 Million | R$ 61.25 Million |
3R Petroleum Óleo e Gás S.A - Advanced Valuation Insights
This section examines the relationship between 3R Petroleum Óleo e Gás S.A'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 | 1.59 |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | 152.4% |
| Total Assets | R$20.12 Billion |
| Market Capitalization | $625.31 Million USD |
Valuation Analysis
Below Book Valuation: The market values 3R Petroleum Óleo e Gás S.A's assets below their book value (0.03 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: 3R Petroleum Óleo e Gás S.A's assets grew by 152.4% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for 3R Petroleum Óleo e Gás S.A (2012–2023)
The table below shows the annual total assets of 3R Petroleum Óleo e Gás S.A from 2012 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | R$20.12 Billion | +152.41% |
| 2022-12-31 | R$7.97 Billion | +46.17% |
| 2021-12-31 | R$5.45 Billion | +158.57% |
| 2020-12-31 | R$2.11 Billion | +432.00% |
| 2019-12-31 | R$396.44 Million | -6.89% |
| 2018-12-31 | R$425.78 Million | -6.07% |
| 2017-12-31 | R$453.31 Million | -13.80% |
| 2016-12-31 | R$525.86 Million | -9.38% |
| 2015-12-31 | R$580.29 Million | -10.97% |
| 2014-12-31 | R$651.82 Million | +115.17% |
| 2013-12-31 | R$302.93 Million | +1062.12% |
| 2012-12-31 | R$26.07 Million | -- |