Altima Resources Ltd Total Assets
Altima Resources Ltd total assets. Based on the latest financial reports, Altima Resources Ltd (ARH) holds total assets worth CA$9.38 Million CAD (≈ $6.79 Million USD) as of November 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. Also see ARH market cap overview for the company's overall valuation and market capitalisation.
Total Assets of Altima Resources Ltd (2013–2023)
Total assets of Altima Resources Ltd from 2013 to 2023. This chart illustrates how Altima Resources Ltd's total assets have evolved over time, based on quarterly financial data. See current stock price of Altima Resources Ltd for real-time trading data and today's change.
Altima Resources Ltd - Asset Composition Analysis
Altima Resources Ltd Total Assets Breakdown (November 2023)
Altima Resources Ltd total assets breakdown as of November 2023. Altima Resources Ltd's total assets of CA$9.38 Million consist of 16.7% current assets and 83.4% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 3.8% |
| Accounts Receivable | CA$643.78K | 10.0% |
| Inventory | CA$0.00 | 0.0% |
| Property, Plant & Equipment | CA$0.00 | 0.0% |
| Intangible Assets | CA$0.00 | 0.0% |
| Goodwill | CA$0.00 | 0.0% |
Asset Composition Trend (2013–2023)
This chart illustrates how Altima Resources 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 working capital position of Altima Resources Ltd to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Altima Resources Ltd's current assets represent 16.7% of total assets in 2023, an increase from 5.6% in 2013.
- Cash Position: Cash and equivalents constituted 3.8% of total assets in 2023, up from 0.1% in 2013.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2013.
- Asset Diversification: The largest asset category is accounts receivable at 10.0% of total assets.
Altima Resources Ltd Competitors by Total Assets
Key competitors of Altima Resources Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Diamondback Energy Inc
NASDAQ:FANG
|
USA | $71.06 Billion |
|
Tourmaline Oil Corp.
TO:TOU
|
Canada | CA$23.06 Billion |
|
Var Energi ASA
OL:VAR
|
Norway | Nkr265.88 Billion |
|
ARC Resources Ltd.
TO:ARX
|
Canada | CA$14.18 Billion |
|
PrairieSky Royalty Ltd
TO:PSK
|
Canada | CA$3.11 Billion |
|
California Resources Corp
NYSE:CRC
|
USA | $7.10 Billion |
|
International Petroleum Corp
TO:IPCO
|
Canada | CA$2.01 Billion |
|
Vista Energy S.A.B. de C.V.
BA:VIST
|
Argentina | AR$9.31 Billion |
Altima Resources Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.16 | 0.08 | 0.01 |
| Quick Ratio | 0.16 | 0.08 | 0.01 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-11.16 Million | CA$-10.39 Million | CA$-3.47 Million |
Altima Resources Ltd - Advanced Valuation Insights
This section examines the relationship between Altima Resources 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 | - |
| Latest Market Cap to Assets Ratio | 3.00 |
| Asset Growth Rate (YoY) | 25.3% |
| Total Assets | CA$6.45 Million |
| Market Capitalization | $19.37 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Altima Resources Ltd's assets at a significant premium (3.00x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: Altima Resources Ltd's assets grew by 25.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Altima Resources Ltd (2013–2023)
The table below shows the annual total assets of Altima Resources Ltd from 2013 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-11-30 | CA$6.45 Million ≈ $4.67 Million |
+25.32% |
| 2022-11-30 | CA$5.15 Million ≈ $3.72 Million |
-8.51% |
| 2021-11-30 | CA$5.63 Million ≈ $4.07 Million |
-11.87% |
| 2020-11-30 | CA$6.38 Million ≈ $4.62 Million |
+3530.57% |
| 2019-11-30 | CA$175.82K ≈ $127.18K |
-64.99% |
| 2018-11-30 | CA$502.13K ≈ $363.23K |
-82.38% |
| 2017-11-30 | CA$2.85 Million ≈ $2.06 Million |
-3.36% |
| 2016-11-30 | CA$2.95 Million ≈ $2.13 Million |
-83.45% |
| 2015-11-30 | CA$17.82 Million ≈ $12.89 Million |
-40.15% |
| 2014-11-30 | CA$29.77 Million ≈ $21.53 Million |
+9.01% |
| 2013-11-30 | CA$27.30 Million ≈ $19.75 Million |
-- |
About Altima Resources Ltd
Altima Energy Inc., a junior energy company, engages in the acquisition, exploration and development of petroleum and natural gas in Canada. The company focuses on acquiring undervalued oil and gas assets; and exploiting existing low risk high return asset enhancement. It holds interests in light gravity oil and liquid rich high impact gas targets. The company was formerly known as Altima Resourc… Read more