Source Rock Royalties Ltd
Source Rock Royalties Ltd., an oil and gas royalty company, engages in acquiring and managing oil and gas royalties and mineral title interests. It has an oil focused portfolio of royalty interests concentrated in S.E. Saskatchewan, central Alberta, and west-central Saskatchewan. The company was incorporated in 2012 and is headquartered in Calgary, Canada.
Source Rock Royalties Ltd (SRR) - Total Assets
Latest total assets as of September 2025: CA$24.45 Million CAD
Based on the latest financial reports, Source Rock Royalties Ltd (SRR) holds total assets worth CA$24.45 Million 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.
Source Rock Royalties Ltd - Total Assets Trend (2020–2024)
This chart illustrates how Source Rock Royalties Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Source Rock Royalties Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Source Rock Royalties Ltd's total assets of CA$24.45 Million consist of 21.5% current assets and 78.5% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 17.4% |
| Accounts Receivable | CA$1.04 Million | 3.9% |
| 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 (2020–2024)
This chart illustrates how Source Rock Royalties 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Source Rock Royalties Ltd's current assets represent 21.5% of total assets in 2024, an increase from 7.9% in 2020.
- Cash Position: Cash and equivalents constituted 17.4% of total assets in 2024, up from 5.6% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2020.
- Asset Diversification: The largest asset category is accounts receivable at 3.9% of total assets.
Source Rock Royalties Ltd Competitors by Total Assets
Key competitors of Source Rock Royalties Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Senton Energy Co. Ltd. A
SHE:001331
|
China | CN¥1.68 Billion |
|
Shaanxi Provincial Natural Gas Co Ltd
SHE:002267
|
China | CN¥13.96 Billion |
|
Zhuhai Winbase International Chemical Tank Terminal Co Ltd
SHE:002492
|
China | CN¥2.32 Billion |
|
HENGYANG PETROCHEM (5HY.SG)
STU:5HY
|
Germany | €535.36 Million |
|
Shanxi Guoxin Energy Co Ltd A
SHG:600617
|
China | CN¥25.35 Billion |
|
China Merchants Energy Shipping Co Ltd
SHG:601872
|
China | CN¥77.88 Billion |
|
Nanjing Tanker Corp
SHG:601975
|
China | CN¥13.19 Billion |
|
Anhui Province Natural Gas Development Co Ltd
SHG:603689
|
China | CN¥7.57 Billion |
Source Rock Royalties Ltd - 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 - Source Rock Royalties Ltd generates 0.29x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Source Rock Royalties Ltd generates $5.62 in net profit.
Source Rock Royalties 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 | 10.65 | 6.26 | 3.82 |
| Quick Ratio | 10.65 | 6.26 | 3.82 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$5.12 Million | CA$ 4.26 Million | CA$ 1.83 Million |
Source Rock Royalties Ltd - Advanced Valuation Insights
This section examines the relationship between Source Rock Royalties 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 | 1.79 |
| Latest Market Cap to Assets Ratio | 0.77 |
| Asset Growth Rate (YoY) | -2.5% |
| Total Assets | CA$26.59 Million |
| Market Capitalization | $20.43 Million USD |
Valuation Analysis
Below Book Valuation: The market values Source Rock Royalties Ltd's assets below their book value (0.77 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Source Rock Royalties Ltd's assets decreased by 2.5% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Source Rock Royalties Ltd (2020–2024)
The table below shows the annual total assets of Source Rock Royalties Ltd from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$26.59 Million | -2.47% |
| 2023-12-31 | CA$27.26 Million | -5.41% |
| 2022-12-31 | CA$28.82 Million | +87.65% |
| 2021-12-31 | CA$15.36 Million | -6.71% |
| 2020-12-31 | CA$16.46 Million | -- |