Tenaz Energy Corp.
Tenaz Energy Corp., an energy company, engages in the acquisition and development of oil and gas properties in Canada and the Netherlands. It engages in the semi-conventional and conventional development of oil reservoirs; and operation of non-operated offshore natural gas assets. The company was formerly known as Altura Energy Inc. and changed its name to Tenaz Energy Corp. Tenaz Energy Corp. wa… Read more
Tenaz Energy Corp. (TNZ) - Total Assets
Latest total assets as of September 2025: CA$2.24 Billion CAD
Based on the latest financial reports, Tenaz Energy Corp. (TNZ) holds total assets worth CA$2.24 Billion CAD 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.
Tenaz Energy Corp. - Total Assets Trend (2007–2024)
This chart illustrates how Tenaz Energy Corp.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Tenaz Energy Corp. - Asset Composition Analysis
Current Asset Composition (December 2024)
Tenaz Energy Corp.'s total assets of CA$2.24 Billion consist of 48.2% current assets and 51.8% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 35.8% |
| Accounts Receivable | CA$6.23 Million | 1.6% |
| Inventory | CA$0.00 | 0.0% |
| Property, Plant & Equipment | CA$144.17 Million | 36.9% |
| Intangible Assets | CA$0.00 | 0.0% |
| Goodwill | CA$0.00 | 0.0% |
Asset Composition Trend (2007–2024)
This chart illustrates how Tenaz Energy 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Tenaz Energy Corp.'s current assets represent 48.2% of total assets in 2024, a decrease from 100.0% in 2007.
- Cash Position: Cash and equivalents constituted 35.8% of total assets in 2024, down from 88.0% in 2007.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2007.
- Asset Diversification: The largest asset category is property, plant & equipment at 36.9% of total assets.
Tenaz Energy Corp. Competitors by Total Assets
Key competitors of Tenaz Energy Corp. 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 |
Tenaz Energy Corp. - 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 - Tenaz Energy Corp. generates 0.16x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Tenaz Energy Corp. is currently not profitable relative to its asset base.
Tenaz Energy 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 | 1.44 | 1.43 | 0.23 |
| Quick Ratio | 1.44 | 1.43 | 0.20 |
| Cash Ratio | 0.00 | 0.33 | 0.00 |
| Working Capital | CA$109.80 Million | CA$ 19.00 Million | CA$ -4.30 Million |
Tenaz Energy Corp. - Advanced Valuation Insights
This section examines the relationship between Tenaz Energy 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 | 4.24 |
| Latest Market Cap to Assets Ratio | 2.36 |
| Asset Growth Rate (YoY) | 63.7% |
| Total Assets | CA$390.83 Million |
| Market Capitalization | $923.75 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Tenaz Energy Corp.'s assets at a significant premium ( 2.36x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: Tenaz Energy Corp.'s assets grew by 63.7% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Tenaz Energy Corp. (2007–2024)
The table below shows the annual total assets of Tenaz Energy Corp. from 2007 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$390.83 Million | +63.72% |
| 2023-12-31 | CA$238.72 Million | +17.07% |
| 2022-12-31 | CA$203.90 Million | +170.42% |
| 2021-12-31 | CA$75.40 Million | +118.94% |
| 2020-12-31 | CA$34.44 Million | -37.44% |
| 2019-12-31 | CA$55.05 Million | +1.91% |
| 2018-12-31 | CA$54.02 Million | +6.33% |
| 2017-12-31 | CA$50.81 Million | +10.65% |
| 2016-12-31 | CA$45.91 Million | +12.13% |
| 2015-12-31 | CA$40.95 Million | +106.67% |
| 2014-12-31 | CA$19.81 Million | +25.59% |
| 2013-12-31 | CA$15.78 Million | +7.84% |
| 2012-12-31 | CA$14.63 Million | +41.74% |
| 2011-12-31 | CA$10.32 Million | +333.23% |
| 2010-12-31 | CA$2.38 Million | -26.45% |
| 2009-12-31 | CA$3.24 Million | +78.06% |
| 2008-12-31 | CA$1.82 Million | +327.18% |
| 2007-12-31 | CA$425.82K | -- |