Criterium Energy Ltd.

V:CEQ Canada Oil & Gas E&P
Market Cap
$9.97 Million
CA$14.32 Million CAD
Market Cap Rank
#29572 Global
#184 in Canada
Share Price
CA$0.11
Change (1 day)
+10.53%
52-Week Range
CA$0.05 - CA$0.11
All Time High
CA$0.48
About

Criterium Energy Ltd. engages in the exploration and development of oil and natural gas in Indonesia and Canada. Its flagship project is the 100% owned Tungkal PSC property covering an area of 2,285 square kilometers located in the onshore South Sumatra. The company was formerly known as Softrock Minerals Ltd. and changed its name to Criterium Energy Ltd. in September 2022. Criterium Energy Ltd. … Read more

Criterium Energy Ltd. (CEQ) - Total Assets

Latest total assets as of September 2025: CA$72.28 Million CAD

Based on the latest financial reports, Criterium Energy Ltd. (CEQ) holds total assets worth CA$72.28 Million 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.

Criterium Energy Ltd. - Total Assets Trend (2020–2024)

This chart illustrates how Criterium Energy Ltd.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Criterium Energy Ltd. - Asset Composition Analysis

Current Asset Composition (December 2024)

Criterium Energy Ltd.'s total assets of CA$72.28 Million consist of 8.8% current assets and 91.2% non-current assets.

Asset Category Amount (CAD) % of Total Assets
Cash & Equivalents CA$0.00 3.0%
Accounts Receivable CA$553.00K 0.7%
Inventory CA$2.84 Million 3.7%
Property, Plant & Equipment CA$0.00 0.0%
Intangible Assets CA$0.00 0.0%
Goodwill CA$0.00 0.0%

Asset Composition Trend (2020–2024)

This chart illustrates how Criterium 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.

Key Asset Composition Facts

  • Current vs. Non-Current Assets: Criterium Energy Ltd.'s current assets represent 8.8% of total assets in 2024, a decrease from 68.4% in 2020.
  • Cash Position: Cash and equivalents constituted 3.0% of total assets in 2024, down from 42.0% in 2020.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2020.
  • Asset Diversification: The largest asset category is inventory at 3.7% of total assets.

Criterium Energy Ltd. Competitors by Total Assets

Key competitors of Criterium Energy Ltd. 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

Criterium Energy Ltd. - 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

Historical Range: 0.01 - 1.11

Lower asset utilization - Criterium Energy Ltd. generates 0.39x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -37.37% - 41.11%

Negative ROA - Criterium Energy Ltd. is currently not profitable relative to its asset base.

Criterium 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 0.13 0.60 1.98
Quick Ratio 0.13 0.48 1.98
Cash Ratio 0.00 0.00 0.00
Working Capital CA$-30.48 Million CA$ -10.12 Million CA$ 1.46 Million

Criterium Energy Ltd. - Advanced Valuation Insights

This section examines the relationship between Criterium 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 1.64
Latest Market Cap to Assets Ratio 0.10
Asset Growth Rate (YoY) 649.9%
Total Assets CA$76.43 Million
Market Capitalization $7.89 Million USD

Valuation Analysis

Below Book Valuation: The market values Criterium Energy Ltd.'s assets below their book value (0.10 x), which may indicate investor concerns about asset quality or future growth.

Rapid Asset Growth: Criterium Energy Ltd.'s assets grew by 649.9% over the past year, indicating significant expansion of the company's resource base.

Annual Total Assets for Criterium Energy Ltd. (2020–2024)

The table below shows the annual total assets of Criterium Energy Ltd. from 2020 to 2024.

Year Total Assets Change
2024-12-31 CA$76.43 Million +649.95%
2023-12-31 CA$10.19 Million +60.82%
2022-12-31 CA$6.34 Million +3873.17%
2021-12-31 CA$159.50K +24.16%
2020-12-31 CA$128.47K --