PetroFrontier Corp Total Assets
PetroFrontier Corp total assets. Based on the latest financial reports, PetroFrontier Corp (PFC) holds total assets worth CA$21.07 Million CAD (≈ $15.24 Million USD) 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. Also see PFC market cap overview for the company's overall valuation and market capitalisation.
Total Assets of PetroFrontier Corp (2013–2023)
Total assets of PetroFrontier Corp from 2013 to 2023. This chart illustrates how PetroFrontier Corp's total assets have evolved over time, based on quarterly financial data. See PetroFrontier Corp (PFC) stock price for real-time trading data and today's change.
PetroFrontier Corp - Asset Composition Analysis
PetroFrontier Corp Total Assets Breakdown (December 2023)
PetroFrontier Corp total assets breakdown as of December 2023. PetroFrontier Corp's total assets of CA$21.07 Million consist of 22.8% current assets and 77.2% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 11.4% |
| Accounts Receivable | CA$1.93 Million | 10.3% |
| 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 PetroFrontier 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. Explore working capital position of PetroFrontier Corp to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: PetroFrontier Corp's current assets represent 22.8% of total assets in 2023, an increase from 17.3% in 2013.
- Cash Position: Cash and equivalents constituted 11.4% of total assets in 2023, down from 14.1% 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 10.3% of total assets.
PetroFrontier Corp Competitors by Total Assets
Key competitors of PetroFrontier Corp 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$9.31 Billion |
PetroFrontier Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.27 | 0.35 | 0.07 |
| Quick Ratio | 0.27 | 0.35 | 0.07 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-12.74 Million | CA$-3.83 Million | CA$-5.52 Million |
PetroFrontier Corp - Advanced Valuation Insights
This section examines the relationship between PetroFrontier 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 | 1.29 |
| Latest Market Cap to Assets Ratio | 0.18 |
| Asset Growth Rate (YoY) | -30.5% |
| Total Assets | CA$18.77 Million |
| Market Capitalization | $3.38 Million USD |
Valuation Analysis
Below Book Valuation: The market values PetroFrontier Corp's assets below their book value (0.18x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: PetroFrontier Corp's assets decreased by 30.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for PetroFrontier Corp (2013–2023)
The table below shows the annual total assets of PetroFrontier Corp from 2013 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | CA$18.77 Million ≈ $13.58 Million |
-30.50% |
| 2022-12-31 | CA$27.01 Million ≈ $19.54 Million |
+4.61% |
| 2021-12-31 | CA$25.82 Million ≈ $18.68 Million |
+12.31% |
| 2020-12-31 | CA$22.99 Million ≈ $16.63 Million |
+18.62% |
| 2019-12-31 | CA$19.38 Million ≈ $14.02 Million |
-4.02% |
| 2018-12-31 | CA$20.19 Million ≈ $14.61 Million |
-6.92% |
| 2017-12-31 | CA$21.69 Million ≈ $15.69 Million |
-4.42% |
| 2016-12-31 | CA$22.70 Million ≈ $16.42 Million |
+134.42% |
| 2015-12-31 | CA$9.68 Million ≈ $7.00 Million |
-8.86% |
| 2014-12-31 | CA$10.62 Million ≈ $7.68 Million |
-79.91% |
| 2013-12-31 | CA$52.87 Million ≈ $38.25 Million |
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About PetroFrontier Corp
PetroFrontier Corp. a junior energy company, engages in the exploration and production of petroleum and natural gas in western Canada. The company holds interest in Cold Lake and Wabasc properties located in Alberta, Canada. PetroFrontier Corp. is based in Calgary, Canada.