Lucero Energy Corp
Lucero Energy Corp., an independent oil company, engages in the acquisition, development, and production of oil-weighted assets in the Bakken and Three Forks formations in the Williston Basin area of North Dakota. The company was formerly known as PetroShale Inc. and changed its name to Lucero Energy Corp. in May 2022. Lucero Energy Corp. is headquartered in Calgary, Canada. As of March 7, 2025, … Read more
Lucero Energy Corp (LOU) - Total Assets
Latest total assets as of September 2024: CA$636.41 Million CAD
Based on the latest financial reports, Lucero Energy Corp (LOU) holds total assets worth CA$636.41 Million CAD as of September 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.
Lucero Energy Corp - Total Assets Trend (2019–2023)
This chart illustrates how Lucero Energy Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Lucero Energy Corp - Asset Composition Analysis
Current Asset Composition (December 2023)
Lucero Energy Corp's total assets of CA$636.41 Million consist of 19.2% current assets and 80.8% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 15.0% |
| Accounts Receivable | CA$16.81 Million | 2.8% |
| 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 (2019–2023)
This chart illustrates how Lucero 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: Lucero Energy Corp's current assets represent 19.2% of total assets in 2023, an increase from 9.1% in 2019.
- Cash Position: Cash and equivalents constituted 15.0% of total assets in 2023, up from 0.1% 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 accounts receivable at 2.8% of total assets.
Lucero Energy Corp Competitors by Total Assets
Key competitors of Lucero Energy Corp 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 |
Lucero Energy Corp - 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
Moderate asset utilization - Lucero Energy Corp generates 0.43x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Lucero Energy Corp generates $ 10.01 in net profit.
Lucero 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 | 2.64 | 2.31 | 0.61 |
| Quick Ratio | 2.64 | 2.31 | 0.61 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$54.81 Million | CA$ 52.29 Million | CA$ -24.41 Million |
Lucero Energy Corp - Advanced Valuation Insights
This section examines the relationship between Lucero 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 | 0.50 |
| Latest Market Cap to Assets Ratio | 0.13 |
| Asset Growth Rate (YoY) | -3.3% |
| Total Assets | CA$592.38 Million |
| Market Capitalization | $74.45 Million USD |
Valuation Analysis
Below Book Valuation: The market values Lucero Energy Corp's assets below their book value (0.13 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Lucero Energy Corp's assets decreased by 3.3% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Lucero Energy Corp (2019–2023)
The table below shows the annual total assets of Lucero Energy Corp from 2019 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | CA$592.38 Million | -3.29% |
| 2022-12-31 | CA$612.53 Million | +9.76% |
| 2021-12-31 | CA$558.03 Million | +10.97% |
| 2020-12-31 | CA$502.88 Million | -16.02% |
| 2019-12-31 | CA$598.83 Million | -- |