Topaz Energy Corp (TPZ) - Total Assets
Based on the latest financial reports, Topaz Energy Corp (TPZ) holds total assets worth CA$1.85 Billion CAD (≈ $1.34 Billion 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.
Topaz Energy Corp - Total Assets Trend (2019–2024)
This chart illustrates how Topaz Energy Corp's total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Topaz Energy Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
Topaz Energy Corp's total assets of CA$1.85 Billion consist of 3.3% current assets and 96.7% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 0.0% |
| Accounts Receivable | CA$52.48 Million | 2.7% |
| Inventory | CA$0.00 | 0.0% |
| Property, Plant & Equipment | CA$1.83 Billion | 94.1% |
| Intangible Assets | CA$0.00 | 0.0% |
| Goodwill | CA$0.00 | 0.0% |
Asset Composition Trend (2019–2024)
This chart illustrates how Topaz 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: Topaz Energy Corp's current assets represent 3.3% of total assets in 2024, an increase from 3.1% in 2019.
- Cash Position: Cash and equivalents constituted 0.0% of total assets in 2024, down from 1.2% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2019.
- Asset Diversification: The largest asset category is property, plant & equipment at 94.1% of total assets.
Topaz Energy Corp Competitors by Total Assets
Key competitors of Topaz Energy Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
FLEX LNG Ltd
F:0QQA
|
Germany | €2.68 Billion |
|
Anhui Province Natural Gas Development Co Ltd
SHG:603689
|
China | CN¥7.57 Billion |
|
KNOT Offshore Partners LP
NYSE:KNOP
|
USA | $1.72 Billion |
|
Transportadora de Gas del Norte SA Class C
BA:TGNO4
|
Argentina | AR$1.26 Trillion |
|
Toro Ltd
NASDAQ:TORO
|
USA | $388.13 Million |
|
BP Prudhoe Bay Royalty Trust
NYSE:BPT
|
USA | $3.12 Million |
|
SunocoCorp LLC
NYSE:SUNC
|
USA | $28.36 Billion |
|
CMB.TECH NV
BR:CMBT
|
Belgium | €8.37 Billion |
Topaz Energy Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.67 | 1.89 | 181.19 |
| Quick Ratio | 0.67 | 1.89 | 181.19 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-26.63 Million | CA$27.52 Million | CA$237.68 Million |
Topaz Energy Corp - Advanced Valuation Insights
This section examines the relationship between Topaz 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 | 3.62 |
| Latest Market Cap to Assets Ratio | 1.72 |
| Asset Growth Rate (YoY) | 14.1% |
| Total Assets | CA$1.94 Billion |
| Market Capitalization | $3.35 Billion USD |
Valuation Analysis
Above Book Valuation: The market values Topaz Energy Corp's assets above their book value (1.72x), reflecting positive investor sentiment about the company's future prospects.
Rapid Asset Growth: Topaz Energy Corp's assets grew by 14.1% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Topaz Energy Corp (2019–2024)
The table below shows the annual total assets of Topaz Energy Corp from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$1.94 Billion ≈ $1.41 Billion |
+14.07% |
| 2023-12-31 | CA$1.70 Billion ≈ $1.23 Billion |
-10.05% |
| 2022-12-31 | CA$1.89 Billion ≈ $1.37 Billion |
+13.33% |
| 2021-12-31 | CA$1.67 Billion ≈ $1.21 Billion |
+59.33% |
| 2020-12-31 | CA$1.05 Billion ≈ $759.08 Million |
+50.50% |
| 2019-12-31 | CA$697.23 Million ≈ $504.37 Million |
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About Topaz Energy Corp
Topaz Energy Corp. operates as a royalty and infrastructure energy company in Canada. It operates in two segments, Royalty Production and Infrastructure. The company holds royalty interests on approximately 9 million gross acres of developed and undeveloped lands. It is also involved in operating natural gas processing facilities; and associated crude oil and condensate handling facilities, as we… Read more