Logan Energy Corp (LGN) - Total Assets
Based on the latest financial reports, Logan Energy Corp (LGN) holds total assets worth CA$248.39 Million CAD (≈ $179.68 Million USD) as of June 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.
Logan Energy Corp - Total Assets Trend (2022–2023)
This chart illustrates how Logan Energy Corp's total assets have evolved over time, based on quarterly financial data. Also see market cap of Logan Energy Corp for the company's overall valuation and market capitalisation.
Logan Energy Corp - Asset Composition Analysis
Current Asset Composition (December 2023)
Logan Energy Corp's total assets of CA$248.39 Million consist of 29.5% current assets and 70.5% non-current assets. Review debt load of Logan Energy Corp to assess the company's total debt and financial obligations.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 23.0% |
| Accounts Receivable | CA$11.98 Million | 5.1% |
| 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 (2022–2023)
This chart illustrates how Logan 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. See Logan Energy Corp stock price for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Logan Energy Corp's current assets represent 29.5% of total assets in 2023, an increase from 6.6% in 2022.
- Cash Position: Cash and equivalents constituted 23.0% of total assets in 2023, up from 0.0% in 2022.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2022.
- Asset Diversification: The largest asset category is accounts receivable at 5.1% of total assets.
Logan Energy Corp Competitors by Total Assets
Key competitors of Logan Energy Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
ConocoPhillips
NYSE:COP
|
USA | $124.26 Billion |
|
Santos Ltd
AU:STO
|
Australia | AU$32.05 Billion |
|
Whitecap Resources Inc.
TO:WCP
|
Canada | CA$19.21 Billion |
|
Petro Rio S.A.
SA:PRIO3
|
Brazil | R$62.80 Billion |
|
California Resources Corp
NYSE:CRC
|
USA | $7.10 Billion |
|
Crescent Energy Co
NYSE:CRGY
|
USA | $12.01 Billion |
|
HARBOUR ENE.SP.ADR LS-50
F:PQQ2
|
Germany | €32.19 Billion |
|
Baytex Energy Corp
TO:BTE
|
Canada | CA$3.17 Billion |
Logan Energy Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.48 | 0.47 | 0.47 |
| Quick Ratio | 0.48 | 0.47 | 0.47 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-21.60 Million | CA$-5.23 Million | CA$-5.23 Million |
Logan Energy Corp - Advanced Valuation Insights
This section examines the relationship between Logan 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 | 1.54 |
| Latest Market Cap to Assets Ratio | 2.01 |
| Asset Growth Rate (YoY) | 77.9% |
| Total Assets | CA$234.64 Million |
| Market Capitalization | $470.58 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Logan Energy Corp's assets at a significant premium (2.01x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: Logan Energy Corp's assets grew by 77.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Logan Energy Corp (2022–2023)
The table below shows the annual total assets of Logan Energy Corp from 2022 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | CA$234.64 Million ≈ $169.73 Million |
+77.89% |
| 2022-12-31 | CA$131.90 Million ≈ $95.42 Million |
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About Logan Energy Corp
Logan Energy Corp. engages in the exploration, development, and production of crude oil and natural gas properties. The company holds interest in the Simonette and Pouce Coupe properties in northwest Alberta; and the Flatrock property in northeastern British Columbia. The company was formerly known as 2499938 Alberta Ltd. and changed its name to Logan Energy Corp. in March 2023. Logan Energy Corp… Read more