Spartan Delta Corp (SDE) - Total Assets
Based on the latest financial reports, Spartan Delta Corp (SDE) holds total assets worth CA$1.35 Billion CAD (≈ $975.36 Million USD) as of March 2026. 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. Check Spartan Delta Corp cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Spartan Delta Corp - Total Assets Trend (2006–2025)
This chart illustrates how Spartan Delta Corp's total assets have evolved over time, based on quarterly financial data. Check Spartan Delta Corp (SDE) cash flow quality to evaluate the quality of earnings relative to operating cash generation.
Spartan Delta Corp - Asset Composition Analysis
Current Asset Composition (December 2025)
Spartan Delta Corp's total assets of CA$1.35 Billion consist of 20.5% current assets and 79.5% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$307.00K | 12.9% |
| Accounts Receivable | CA$62.06 Million | 5.3% |
| Inventory | CA$0.00 | 0.0% |
| Property, Plant & Equipment | CA$919.63 Million | 78.4% |
| Intangible Assets | CA$0.00 | 0.0% |
| Goodwill | CA$0.00 | 0.0% |
Asset Composition Trend (2006–2025)
This chart illustrates how Spartan Delta Corp'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. For live market cap, price, and company overview, see Spartan Delta Corp market cap and net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Spartan Delta Corp's current assets represent 20.5% of total assets in 2025, a decrease from 51.7% in 2006.
- Cash Position: Cash and equivalents constituted 12.9% of total assets in 2025, down from 47.0% 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 78.4% of total assets.
Spartan Delta Corp Competitors by Total Assets
Key competitors of Spartan Delta Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Woodside Energy Group Ltd
NYSE:WDS
|
USA | $66.50 Billion |
|
Aker BP ASA
OL:AKRBP
|
Norway | Nkr42.88 Billion |
|
Santos Ltd
AU:STO
|
Australia | AU$32.05 Billion |
|
ARC Resources Ltd.
TO:ARX
|
Canada | CA$14.18 Billion |
|
Tamarack Valley Energy Ltd
TO:TVE
|
Canada | CA$3.47 Billion |
|
Vista Energy S.A.B. de C.V.
BA:VIST
|
Argentina | AR$7.72 Billion |
|
Beach Energy Ltd
AU:BPT
|
Australia | AU$5.42 Billion |
|
Dorchester Minerals LP
NASDAQ:DMLP
|
USA | $309.55 Million |
Spartan Delta Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.58 | 0.71 | 2.24 |
| Quick Ratio | 0.58 | 0.71 | 2.24 |
| Cash Ratio | 0.00 | 0.00 | 1.58 |
| Working Capital | CA$-180.28 Million | CA$-82.54 Million | CA$101.10 Million |
Spartan Delta Corp - Advanced Valuation Insights
This section examines the relationship between Spartan Delta Corp'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 | 3.97 |
| Latest Market Cap to Assets Ratio | 1.40 |
| Asset Growth Rate (YoY) | 25.7% |
| Total Assets | CA$1.17 Billion |
| Market Capitalization | $1.64 Billion USD |
Valuation Analysis
Above Book Valuation: The market values Spartan Delta Corp's assets above their book value (1.40x), reflecting positive investor sentiment about the company's future prospects.
Rapid Asset Growth: Spartan Delta Corp's assets grew by 25.7% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Spartan Delta Corp (2006–2025)
The table below shows the annual total assets of Spartan Delta Corp from 2006 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | CA$1.17 Billion ≈ $848.76 Million |
+25.74% |
| 2024-12-31 | CA$933.14 Million ≈ $675.02 Million |
+13.86% |
| 2023-12-31 | CA$819.52 Million ≈ $592.83 Million |
-60.97% |
| 2022-12-31 | CA$2.10 Billion ≈ $1.52 Billion |
+20.49% |
| 2021-12-31 | CA$1.74 Billion ≈ $1.26 Billion |
+425.73% |
| 2020-12-31 | CA$331.43 Million ≈ $239.75 Million |
+867.82% |
| 2019-12-31 | CA$34.25 Million ≈ $24.77 Million |
+178.99% |
| 2018-12-31 | CA$12.27 Million ≈ $8.88 Million |
-19.28% |
| 2017-12-31 | CA$15.21 Million ≈ $11.00 Million |
+54.50% |
| 2016-12-31 | CA$9.84 Million ≈ $7.12 Million |
+3051.67% |
| 2015-12-31 | CA$312.31K ≈ $225.92K |
-74.24% |
| 2014-12-31 | CA$1.21 Million ≈ $876.86K |
-80.26% |
| 2013-12-31 | CA$6.14 Million ≈ $4.44 Million |
+45.77% |
| 2012-12-31 | CA$4.21 Million ≈ $3.05 Million |
-12.38% |
| 2011-12-31 | CA$4.81 Million ≈ $3.48 Million |
-38.27% |
| 2010-12-31 | CA$7.79 Million ≈ $5.63 Million |
-25.74% |
| 2009-12-31 | CA$10.49 Million ≈ $7.59 Million |
-19.80% |
| 2008-12-31 | CA$13.08 Million ≈ $9.46 Million |
-26.80% |
| 2007-12-31 | CA$17.86 Million ≈ $12.92 Million |
+21.46% |
| 2006-12-31 | CA$14.71 Million ≈ $10.64 Million |
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About Spartan Delta Corp
Spartan Delta Corp. engages in the exploration, development, and production of crude oil and natural gas properties in Western Canada. Its assets are in Duvernay and Deep Basin in Canada. The company was formerly known as Return Energy Inc. and changed its name to Spartan Delta Corp. in May 2020. Spartan Delta Corp. was incorporated in 2006 and is headquartered in Calgary, Canada.