Strikewell Energy Corp
Strikewell Energy Corp., together with its subsidiaries, engages in the exploration of petroleum and natural gas interests in Canada. It owns a 100% working interest in a producing Garrington area oil well with 640 acres of related oil and gas petroleum rights in Garrington, Alberta. The company was formerly known as FM Resources Corp. and changed its name to Strikewell Energy Corp. in September … Read more
Strikewell Energy Corp (SKK) - Total Assets
Latest total assets as of September 2025: CA$557.60K CAD
Based on the latest financial reports, Strikewell Energy Corp (SKK) holds total assets worth CA$557.60K 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.
Strikewell Energy Corp - Total Assets Trend (2016–2024)
This chart illustrates how Strikewell Energy Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Strikewell Energy Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
Strikewell Energy Corp's total assets of CA$557.60K consist of 81.2% current assets and 18.8% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 56.2% |
| Accounts Receivable | CA$183.90K | 24.4% |
| 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 (2016–2024)
This chart illustrates how Strikewell 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: Strikewell Energy Corp's current assets represent 81.2% of total assets in 2024, an increase from 32.4% in 2016.
- Cash Position: Cash and equivalents constituted 56.2% of total assets in 2024, up from 3.9% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2016.
- Asset Diversification: The largest asset category is accounts receivable at 24.4% of total assets.
Strikewell Energy Corp Competitors by Total Assets
Key competitors of Strikewell Energy Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Bounty Oil & Gas NL
PINK:BYOGF
|
USA | $8.51 Million |
|
Shanxi Blue Flame Holding Co Ltd
SHE:000968
|
China | CN¥11.13 Billion |
|
Oriental Energy Co Ltd
SHE:002221
|
China | CN¥40.74 Billion |
|
P/F Atlantic Petroleum
CO:ATLA-DKK
|
Denmark | Dkr7.35 Million |
|
East West Minerals Ltd.
F:37A0
|
Germany | €4.02 Million |
|
Hibiscus Petroleum BHD
KLSE:5199
|
Malaysia | RM7.43 Billion |
|
Reach Energy Bhd
KLSE:5256
|
Malaysia | RM861.30 Million |
|
Geo-Jade Petroleum Corp
SHG:600759
|
China | CN¥12.56 Billion |
Strikewell Energy Corp - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Strikewell Energy Corp generates 0.91x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Strikewell Energy Corp is currently not profitable relative to its asset base.
Strikewell Energy Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.02 | 0.05 | 0.06 |
| Quick Ratio | 0.02 | 0.05 | 0.06 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-24.58 Million | CA$ -11.79 Million | CA$ -5.82 Million |
Strikewell Energy Corp - Advanced Valuation Insights
This section examines the relationship between Strikewell 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 | - |
| Latest Market Cap to Assets Ratio | 0.39 |
| Asset Growth Rate (YoY) | -22.8% |
| Total Assets | CA$754.44K |
| Market Capitalization | $293.23K USD |
Valuation Analysis
Below Book Valuation: The market values Strikewell Energy Corp's assets below their book value (0.39 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Strikewell Energy Corp's assets decreased by 22.8% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Strikewell Energy Corp (2016–2024)
The table below shows the annual total assets of Strikewell Energy Corp from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$754.44K | -22.75% |
| 2023-12-31 | CA$976.63K | +0.71% |
| 2022-12-31 | CA$969.77K | +4.45% |
| 2021-12-31 | CA$928.43K | +31.98% |
| 2020-12-31 | CA$703.46K | -33.54% |
| 2019-12-31 | CA$1.06 Million | +18.03% |
| 2018-12-31 | CA$896.77K | -0.17% |
| 2017-12-31 | CA$898.28K | -1.84% |
| 2016-12-31 | CA$915.11K | -- |