Tamarack Valley Energy Ltd Total Assets
Tamarack Valley Energy Ltd total assets. Based on the latest financial reports, Tamarack Valley Energy Ltd (TVE) holds total assets worth CA$3.47 Billion CAD (≈ $2.51 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. Also see market value of Tamarack Valley Energy Ltd for the company's overall valuation and market capitalisation.
Total Assets of Tamarack Valley Energy Ltd (2002–2024)
Total assets of Tamarack Valley Energy Ltd from 2002 to 2024. This chart illustrates how Tamarack Valley Energy Ltd's total assets have evolved over time, based on quarterly financial data. See Tamarack Valley Energy Ltd share price for real-time trading data and today's change.
Tamarack Valley Energy Ltd - Asset Composition Analysis
Tamarack Valley Energy Ltd Total Assets Breakdown (December 2024)
Tamarack Valley Energy Ltd total assets breakdown as of December 2024. Tamarack Valley Energy Ltd's total assets of CA$3.47 Billion consist of 5.4% current assets and 94.6% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 0.2% |
| Accounts Receivable | CA$139.22 Million | 3.5% |
| Inventory | CA$0.00 | 0.0% |
| Property, Plant & Equipment | CA$3.77 Billion | 94.6% |
| Intangible Assets | CA$0.00 | 0.0% |
| Goodwill | CA$0.00 | 0.0% |
Asset Composition Trend (2002–2024)
This chart illustrates how Tamarack Valley Energy Ltd'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. Explore TVE current assets to equity ratio to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Tamarack Valley Energy Ltd's current assets represent 5.4% of total assets in 2024, a decrease from 65.7% in 2002.
- Cash Position: Cash and equivalents constituted 0.2% of total assets in 2024, down from 62.0% in 2002.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2002.
- Asset Diversification: The largest asset category is property, plant & equipment at 94.6% of total assets.
Tamarack Valley Energy Ltd Competitors by Total Assets
Key competitors of Tamarack Valley Energy Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
ARC Resources Ltd.
TO:ARX
|
Canada | CA$14.18 Billion |
|
Santos Ltd
AU:STO
|
Australia | AU$32.05 Billion |
|
Tourmaline Oil Corp.
TO:TOU
|
Canada | CA$23.06 Billion |
|
Ovintiv Inc
NYSE:OVV
|
USA | $77.72 Billion |
|
Whitecap Resources Inc.
TO:WCP
|
Canada | CA$19.21 Billion |
|
Var Energi ASA
OL:VAR
|
Norway | Nkr265.88 Billion |
|
Chord Energy Corp
NASDAQ:CHRD
|
USA | $13.72 Billion |
|
Comstock Resources Inc
NYSE:CRK
|
USA | $7.52 Billion |
Tamarack Valley Energy Ltd - 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 | 1.20 | 0.73 | 0.56 |
| Quick Ratio | 1.20 | 0.73 | 0.43 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$49.82 Million | CA$-61.40 Million | CA$-25.90 Million |
Tamarack Valley Energy Ltd - Advanced Valuation Insights
This section examines the relationship between Tamarack Valley Energy Ltd'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 | 2.51 |
| Latest Market Cap to Assets Ratio | 1.00 |
| Asset Growth Rate (YoY) | -5.2% |
| Total Assets | CA$3.99 Billion |
| Market Capitalization | $4.00 Billion USD |
Valuation Analysis
Near Book Valuation: The market values Tamarack Valley Energy Ltd's assets close to their book value (1.00x), suggesting investors view the company's assets at approximately fair value.
Significant Asset Reduction: Tamarack Valley Energy Ltd's assets decreased by 5.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Tamarack Valley Energy Ltd (2002–2024)
The table below shows the annual total assets of Tamarack Valley Energy Ltd from 2002 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$3.99 Billion ≈ $2.89 Billion |
-5.21% |
| 2023-12-31 | CA$4.21 Billion ≈ $3.04 Billion |
-8.91% |
| 2022-12-31 | CA$4.62 Billion ≈ $3.34 Billion |
+98.43% |
| 2021-12-31 | CA$2.33 Billion ≈ $1.68 Billion |
+126.56% |
| 2020-12-31 | CA$1.03 Billion ≈ $743.35 Million |
-17.60% |
| 2019-12-31 | CA$1.25 Billion ≈ $902.15 Million |
-1.34% |
| 2018-12-31 | CA$1.26 Billion ≈ $914.40 Million |
+4.66% |
| 2017-12-31 | CA$1.21 Billion ≈ $873.71 Million |
+82.02% |
| 2016-12-31 | CA$663.56 Million ≈ $480.01 Million |
+20.85% |
| 2015-12-31 | CA$549.07 Million ≈ $397.19 Million |
+10.35% |
| 2014-12-31 | CA$497.58 Million ≈ $359.94 Million |
+84.49% |
| 2013-12-31 | CA$269.71 Million ≈ $195.10 Million |
+77.04% |
| 2012-12-31 | CA$152.34 Million ≈ $110.20 Million |
+134.54% |
| 2011-12-31 | CA$64.96 Million ≈ $46.99 Million |
+44.60% |
| 2010-12-31 | CA$44.92 Million ≈ $32.50 Million |
+32.65% |
| 2009-12-31 | CA$33.86 Million ≈ $24.50 Million |
-12.17% |
| 2008-12-31 | CA$38.56 Million ≈ $27.89 Million |
-12.08% |
| 2007-12-31 | CA$43.85 Million ≈ $31.72 Million |
-0.85% |
| 2006-12-31 | CA$44.23 Million ≈ $32.00 Million |
+17.96% |
| 2005-12-31 | CA$37.50 Million ≈ $27.12 Million |
+141.21% |
| 2004-12-31 | CA$15.54 Million ≈ $11.24 Million |
+154.41% |
| 2003-12-31 | CA$6.11 Million ≈ $4.42 Million |
+79.57% |
| 2002-12-31 | CA$3.40 Million ≈ $2.46 Million |
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About Tamarack Valley Energy Ltd
Tamarack Valley Energy Ltd. engages in the exploration, development, production, and sale of oil, natural gas, and natural gas liquids in the Western Canadian sedimentary basin. Its oil and natural gas properties are the Clearwater and Charlie Lake assets located in the province of Alberta, Canada. The company was formerly known as Tango Energy Inc. and changed its name to Tamarack Valley Energy … Read more