Reconnaissance Energy Africa Ltd (RECO) - Total Assets
Based on the latest financial reports, Reconnaissance Energy Africa Ltd (RECO) holds total assets worth CA$212.61 Million CAD (≈ $153.80 Million USD) as of December 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. Check RECO total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.
Reconnaissance Energy Africa Ltd - Total Assets Trend (2017–2026)
This chart illustrates how Reconnaissance Energy Africa Ltd's total assets have evolved over time, based on quarterly financial data. Check earnings quality score of Reconnaissance Energy Africa Ltd to evaluate the quality of earnings relative to operating cash generation.
Reconnaissance Energy Africa Ltd - Asset Composition Analysis
Current Asset Composition (March 2026)
Reconnaissance Energy Africa Ltd's total assets of CA$212.61 Million consist of 2.6% current assets and 97.4% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 1.6% |
| Accounts Receivable | CA$0.00 | 0.0% |
| 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 (2017–2026)
This chart illustrates how Reconnaissance Energy Africa Ltd'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. For live market cap, price, and company overview, see RECO market cap.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Reconnaissance Energy Africa Ltd's current assets represent 2.6% of total assets in 2026, a decrease from 100.0% in 2017.
- Cash Position: Cash and equivalents constituted 1.6% of total assets in 2026, down from 97.9% 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 goodwill at 0.0% of total assets.
Reconnaissance Energy Africa Ltd Competitors by Total Assets
Key competitors of Reconnaissance Energy Africa Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Woodside Energy Group Ltd
NYSE:WDS
|
USA | $66.50 Billion |
|
Aker BP ASA
OL:AKRBP
|
Norway | Nkr42.88 Billion |
|
Santos Ltd
AU:STO
|
Australia | AU$32.05 Billion |
|
ARC Resources Ltd.
TO:ARX
|
Canada | CA$14.18 Billion |
|
Tamarack Valley Energy Ltd
TO:TVE
|
Canada | CA$3.47 Billion |
|
Vista Energy S.A.B. de C.V.
BA:VIST
|
Argentina | AR$7.72 Billion |
|
Spartan Delta Corp
TO:SDE
|
Canada | CA$1.35 Billion |
|
Beach Energy Ltd
AU:BPT
|
Australia | AU$5.42 Billion |
Reconnaissance Energy Africa Ltd - 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 | 1.84 | 0.69 | 3.61 |
| Quick Ratio | 1.84 | 0.69 | 3.61 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$2.48 Million | CA$-1.36 Million | CA$5.04 Million |
Reconnaissance Energy Africa Ltd - Advanced Valuation Insights
This section examines the relationship between Reconnaissance Energy Africa Ltd'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 | 1.98 |
| Latest Market Cap to Assets Ratio | 1.47 |
| Asset Growth Rate (YoY) | 49.4% |
| Total Assets | CA$212.61 Million |
| Market Capitalization | $312.07 Million USD |
Valuation Analysis
Above Book Valuation: The market values Reconnaissance Energy Africa Ltd's assets above their book value (1.47x), reflecting positive investor sentiment about the company's future prospects.
Rapid Asset Growth: Reconnaissance Energy Africa Ltd's assets grew by 49.4% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Reconnaissance Energy Africa Ltd (2017–2026)
The table below shows the annual total assets of Reconnaissance Energy Africa Ltd from 2017 to 2026.
| Year | Total Assets | Change |
|---|---|---|
| 2026-03-31 | CA$212.61 Million ≈ $153.80 Million |
+49.41% |
| 2024-03-31 | CA$142.30 Million ≈ $102.94 Million |
+6.25% |
| 2022-03-31 | CA$133.93 Million ≈ $96.88 Million |
+338.83% |
| 2021-03-31 | CA$30.52 Million ≈ $22.08 Million |
+265.57% |
| 2020-03-31 | CA$8.35 Million ≈ $6.04 Million |
+1388.53% |
| 2019-03-31 | CA$560.85K ≈ $405.71K |
+169.83% |
| 2018-03-31 | CA$207.85K ≈ $150.36K |
+28.17% |
| 2017-03-31 | CA$162.16K ≈ $117.31K |
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About Reconnaissance Energy Africa Ltd
Reconnaissance Energy Africa Ltd., a junior oil and gas company, engages in exploration and development of oil and gas properties in Namibia and Botswana. The company holds a 90% interest in a petroleum exploration license located in Namibia; and 100% working interest in a petroleum license located in northwestern Botswana, as well as an agreement for a joint exploration project in Angola. Reconn… Read more