Paloma Resources Inc
Paloma Resources Inc., through its wholly owned subsidiary, Paloma Ventures (Nevada) Inc., engages in the exploration and development of oil and gas properties in Mississippi, the United States. It owns 1-3% interest in four oil and gas leases located in Jefferson and Wilkinson counties of Mississippi. The company was formerly known as Paloma Ventures Inc. and changed its name to Paloma Resources… Read more
Paloma Resources Inc (PLO-H) - Total Assets
Latest total assets as of September 2025: CA$13.57K CAD
Based on the latest financial reports, Paloma Resources Inc (PLO-H) holds total assets worth CA$13.57K 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.
Paloma Resources Inc - Total Assets Trend (2017–2024)
This chart illustrates how Paloma Resources Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Paloma Resources Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Paloma Resources Inc's total assets of CA$13.57K consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 66.3% |
| Accounts Receivable | CA$6.12K | 33.2% |
| 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 (2017–2024)
This chart illustrates how Paloma Resources Inc'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: Paloma Resources Inc's current assets represent 100.0% of total assets in 2024, unchanged from 100.0% in 2017.
- Cash Position: Cash and equivalents constituted 66.3% of total assets in 2024, down from 80.9% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2017.
- Asset Diversification: The largest asset category is accounts receivable at 33.2% of total assets.
Paloma Resources Inc Competitors by Total Assets
Key competitors of Paloma Resources Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Bounty Oil & Gas NL
PINK:BYOGF
|
USA | $8.51 Million |
|
Shanxi Blue Flame Holding Co Ltd
SHE:000968
|
China | CN¥11.13 Billion |
|
Oriental Energy Co Ltd
SHE:002221
|
China | CN¥40.74 Billion |
|
P/F Atlantic Petroleum
CO:ATLA-DKK
|
Denmark | Dkr7.35 Million |
|
East West Minerals Ltd.
F:37A0
|
Germany | €4.02 Million |
|
Hibiscus Petroleum BHD
KLSE:5199
|
Malaysia | RM7.43 Billion |
|
Reach Energy Bhd
KLSE:5256
|
Malaysia | RM861.30 Million |
|
Geo-Jade Petroleum Corp
SHG:600759
|
China | CN¥12.56 Billion |
Paloma Resources Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Paloma Resources Inc generates 0.18x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Paloma Resources Inc is currently not profitable relative to its asset base.
Paloma Resources Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.04 | 0.06 | 0.84 |
| Quick Ratio | 0.04 | 0.06 | 0.84 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-346.33K | CA$ -298.63K | CA$ -42.49K |
Paloma Resources Inc - Advanced Valuation Insights
This section examines the relationship between Paloma Resources Inc'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 | 6.83 |
| Latest Market Cap to Assets Ratio | 3.85 |
| Asset Growth Rate (YoY) | -65.6% |
| Total Assets | CA$18.41K |
| Market Capitalization | $70.80K USD |
Valuation Analysis
Premium Asset Valuation: The market values Paloma Resources Inc's assets at a significant premium ( 3.85x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: Paloma Resources Inc's assets decreased by 65.6% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Paloma Resources Inc (2017–2024)
The table below shows the annual total assets of Paloma Resources Inc from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$18.41K | -65.56% |
| 2023-12-31 | CA$53.45K | -46.24% |
| 2022-12-31 | CA$99.42K | -31.30% |
| 2021-12-31 | CA$144.72K | -34.74% |
| 2020-12-31 | CA$221.74K | -21.75% |
| 2019-12-31 | CA$283.38K | +424.38% |
| 2018-12-31 | CA$54.04K | -32.41% |
| 2017-12-31 | CA$79.95K | -- |