Canadian Spirit Resources Inc (SPI) - Total Assets
Based on the latest financial reports, Canadian Spirit Resources Inc (SPI) holds total assets worth CA$11.08 Million CAD (≈ $8.02 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. See SPI net asset value for net asset value and shareholders' equity analysis.
Canadian Spirit Resources Inc - Total Assets Trend (2013–2024)
This chart illustrates how Canadian Spirit Resources Inc's total assets have evolved over time, based on quarterly financial data.
Canadian Spirit Resources Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Canadian Spirit Resources Inc's total assets of CA$11.08 Million consist of 35.8% current assets and 64.3% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 35.0% |
| 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 (2013–2024)
This chart illustrates how Canadian Spirit 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. For live market cap, price, and company overview, see Canadian Spirit Resources Inc (SPI) market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Canadian Spirit Resources Inc's current assets represent 35.8% of total assets in 2024, an increase from 11.2% in 2013.
- Cash Position: Cash and equivalents constituted 35.0% of total assets in 2024, up from 10.2% 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 goodwill at 0.0% of total assets.
Canadian Spirit Resources Inc Competitors by Total Assets
Key competitors of Canadian Spirit Resources Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Santos Ltd
AU:STO
|
Australia | AU$29.88 Billion |
|
Ovintiv Inc
NYSE:OVV
|
USA | $19.39 Billion |
|
APA Corporation
NASDAQ:APA
|
USA | $17.70 Billion |
|
PrairieSky Royalty Ltd
TO:PSK
|
Canada | CA$3.15 Billion |
|
Strathcona Resources Ltd.
TO:SCR
|
Canada | CA$11.05 Billion |
|
Comstock Resources Inc
NYSE:CRK
|
USA | $7.01 Billion |
|
Tamarack Valley Energy Ltd
TO:TVE
|
Canada | CA$3.47 Billion |
|
Vermilion Energy Inc.
TO:VET
|
Canada | CA$5.95 Billion |
Canadian Spirit 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 | 25.11 | 16.89 | 1.52 |
| Quick Ratio | 25.11 | 16.89 | 1.52 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$4.08 Million | CA$4.60 Million | CA$464.26K |
Canadian Spirit Resources Inc - Advanced Valuation Insights
This section examines the relationship between Canadian Spirit 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 | 0.84 |
| Latest Market Cap to Assets Ratio | 0.45 |
| Asset Growth Rate (YoY) | -60.9% |
| Total Assets | CA$11.69 Million |
| Market Capitalization | $5.21 Million USD |
Valuation Analysis
Below Book Valuation: The market values Canadian Spirit Resources Inc's assets below their book value (0.45x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Canadian Spirit Resources Inc's assets decreased by 60.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Canadian Spirit Resources Inc (2013–2024)
The table below shows the annual total assets of Canadian Spirit Resources Inc from 2013 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$11.69 Million ≈ $8.46 Million |
-60.93% |
| 2023-12-31 | CA$29.92 Million ≈ $21.65 Million |
-23.81% |
| 2022-12-31 | CA$39.27 Million ≈ $28.41 Million |
+0.71% |
| 2021-12-31 | CA$39.00 Million ≈ $28.21 Million |
-0.34% |
| 2020-12-31 | CA$39.13 Million ≈ $28.31 Million |
+1.39% |
| 2019-12-31 | CA$38.60 Million ≈ $27.92 Million |
-3.99% |
| 2018-12-31 | CA$40.20 Million ≈ $29.08 Million |
-12.65% |
| 2017-12-31 | CA$46.02 Million ≈ $33.29 Million |
+0.77% |
| 2016-12-31 | CA$45.67 Million ≈ $33.04 Million |
-37.96% |
| 2015-12-31 | CA$73.62 Million ≈ $53.25 Million |
+0.11% |
| 2014-12-31 | CA$73.54 Million ≈ $53.20 Million |
+9.98% |
| 2013-12-31 | CA$66.87 Million ≈ $48.37 Million |
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About Canadian Spirit Resources Inc
Canadian Spirit Resources Inc., a natural resources company, identifies and develops opportunities in the unconventional natural gas sector in Canada. It primarily develops the Montney Formation natural gas and natural gas liquids resource play in the Farrell Creek Montney area of Northeastern British Columbia. The company was formerly known as Spirit Energy Corp. and changed its name to Canadian… Read more