ProAm Explorations Corp
ProAm Explorations Corporation engages in oil and gas production, and exploration and development of its exploration and evaluation assets in Canada and the United States. The company holds 100% interest in the Golden Ridge Project. The company was incorporated in 1970 and is headquartered in Vancouver, Canada.
ProAm Explorations Corp (PMX) - Total Assets
Latest total assets as of September 2025: CA$74.88K CAD
Based on the latest financial reports, ProAm Explorations Corp (PMX) holds total assets worth CA$74.88K 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.
ProAm Explorations Corp - Total Assets Trend (2013–2024)
This chart illustrates how ProAm Explorations Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
ProAm Explorations Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
ProAm Explorations Corp's total assets of CA$74.88K consist of 44.7% current assets and 55.3% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 13.4% |
| Accounts Receivable | CA$5.18K | 16.7% |
| 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 (2013–2024)
This chart illustrates how ProAm Explorations 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: ProAm Explorations Corp's current assets represent 44.7% of total assets in 2024, an increase from 7.4% in 2013.
- Cash Position: Cash and equivalents constituted 13.4% of total assets in 2024, up from 4.5% 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 16.7% of total assets.
ProAm Explorations Corp Competitors by Total Assets
Key competitors of ProAm Explorations Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Bounty Oil & Gas NL
PINK:BYOGF
|
USA | $8.51 Million |
|
Shanxi Blue Flame Holding Co Ltd
SHE:000968
|
China | CN¥11.13 Billion |
|
Oriental Energy Co Ltd
SHE:002221
|
China | CN¥40.74 Billion |
|
P/F Atlantic Petroleum
CO:ATLA-DKK
|
Denmark | Dkr7.35 Million |
|
East West Minerals Ltd.
F:37A0
|
Germany | €4.02 Million |
|
Hibiscus Petroleum BHD
KLSE:5199
|
Malaysia | RM7.43 Billion |
|
Reach Energy Bhd
KLSE:5256
|
Malaysia | RM861.30 Million |
|
Geo-Jade Petroleum Corp
SHG:600759
|
China | CN¥12.56 Billion |
ProAm Explorations Corp - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - ProAm Explorations Corp generates 0.19x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - ProAm Explorations Corp is currently not profitable relative to its asset base.
ProAm Explorations Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.12 | 0.18 | 0.89 |
| Quick Ratio | 0.12 | 0.18 | 0.89 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-226.70K | CA$ -52.17K | CA$ -8.70K |
ProAm Explorations Corp - Advanced Valuation Insights
This section examines the relationship between ProAm Explorations 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 | 0.87 |
| Latest Market Cap to Assets Ratio | 38.56 |
| Asset Growth Rate (YoY) | -95.0% |
| Total Assets | CA$31.05K |
| Market Capitalization | $1.20 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values ProAm Explorations Corp's assets at a significant premium ( 38.56x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: ProAm Explorations Corp's assets decreased by 95.0% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for ProAm Explorations Corp (2013–2024)
The table below shows the annual total assets of ProAm Explorations Corp from 2013 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$31.05K | -95.00% |
| 2023-12-31 | CA$621.04K | -33.59% |
| 2022-12-31 | CA$935.19K | +1.89% |
| 2021-12-31 | CA$917.85K | +47.63% |
| 2020-12-31 | CA$621.71K | +57.86% |
| 2019-12-31 | CA$393.83K | -19.19% |
| 2018-12-31 | CA$487.34K | -7.70% |
| 2017-12-31 | CA$528.01K | -6.63% |
| 2016-12-31 | CA$565.51K | -3.21% |
| 2015-12-31 | CA$584.30K | -12.54% |
| 2014-12-31 | CA$668.05K | -8.08% |
| 2013-12-31 | CA$726.77K | -- |