Tethys Petroleum Ltd (TPL) - Total Assets
Based on the latest financial reports, Tethys Petroleum Ltd (TPL) holds total assets worth CA$55.47 Million CAD (≈ $40.13 Million USD) 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. See net assets of Tethys Petroleum Ltd for net asset value and shareholders' equity analysis.
Tethys Petroleum Ltd - Total Assets Trend (2004–2024)
This chart illustrates how Tethys Petroleum Ltd's total assets have evolved over time, based on quarterly financial data.
Tethys Petroleum Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Tethys Petroleum Ltd's total assets of CA$55.47 Million consist of 16.8% current assets and 83.2% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 10.6% |
| Accounts Receivable | CA$0.00 | 0.0% |
| Inventory | CA$603.00K | 1.1% |
| Property, Plant & Equipment | CA$0.00 | 0.0% |
| Intangible Assets | CA$0.00 | 0.0% |
| Goodwill | CA$0.00 | 0.0% |
Asset Composition Trend (2004–2024)
This chart illustrates how Tethys Petroleum 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 Tethys Petroleum Ltd (TPL) total market value.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Tethys Petroleum Ltd's current assets represent 16.8% of total assets in 2024, an increase from 12.5% in 2004.
- Cash Position: Cash and equivalents constituted 10.6% of total assets in 2024, down from 12.5% in 2004.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2004.
- Asset Diversification: The largest asset category is inventory at 1.1% of total assets.
Tethys Petroleum Ltd Competitors by Total Assets
Key competitors of Tethys Petroleum Ltd 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 |
Tethys Petroleum 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 | 2.24 | 1.63 | 0.30 |
| Quick Ratio | 2.13 | 1.54 | 0.29 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$5.86 Million | CA$4.52 Million | CA$-11.84 Million |
Tethys Petroleum Ltd - Advanced Valuation Insights
This section examines the relationship between Tethys Petroleum 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 | 4.51 |
| Latest Market Cap to Assets Ratio | 1.84 |
| Asset Growth Rate (YoY) | -34.1% |
| Total Assets | CA$56.23 Million |
| Market Capitalization | $103.70 Million USD |
Valuation Analysis
Above Book Valuation: The market values Tethys Petroleum Ltd's assets above their book value (1.84x), reflecting positive investor sentiment about the company's future prospects.
Significant Asset Reduction: Tethys Petroleum Ltd's assets decreased by 34.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Tethys Petroleum Ltd (2004–2024)
The table below shows the annual total assets of Tethys Petroleum Ltd from 2004 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$56.23 Million ≈ $40.68 Million |
-34.10% |
| 2023-12-31 | CA$85.33 Million ≈ $61.73 Million |
-2.22% |
| 2022-12-31 | CA$87.27 Million ≈ $63.13 Million |
+18.02% |
| 2021-12-31 | CA$73.94 Million ≈ $53.49 Million |
+37.40% |
| 2020-12-31 | CA$53.82 Million ≈ $38.93 Million |
-50.55% |
| 2019-12-31 | CA$108.83 Million ≈ $78.73 Million |
+0.09% |
| 2018-12-31 | CA$108.73 Million ≈ $78.66 Million |
-7.80% |
| 2017-12-31 | CA$117.93 Million ≈ $85.31 Million |
-26.25% |
| 2016-12-31 | CA$159.90 Million ≈ $115.67 Million |
-16.10% |
| 2015-12-31 | CA$190.59 Million ≈ $137.87 Million |
-20.15% |
| 2014-12-31 | CA$238.69 Million ≈ $172.67 Million |
+1.74% |
| 2013-12-31 | CA$234.62 Million ≈ $169.72 Million |
-6.88% |
| 2012-12-31 | CA$251.95 Million ≈ $182.26 Million |
-4.34% |
| 2011-12-31 | CA$263.39 Million ≈ $190.53 Million |
-1.63% |
| 2010-12-31 | CA$267.75 Million ≈ $193.68 Million |
+95.32% |
| 2009-12-31 | CA$137.08 Million ≈ $99.16 Million |
+29.55% |
| 2008-12-31 | CA$105.81 Million ≈ $76.54 Million |
+47.67% |
| 2007-12-31 | CA$71.66 Million ≈ $51.83 Million |
+265.83% |
| 2006-12-31 | CA$19.59 Million ≈ $14.17 Million |
+244.49% |
| 2005-12-31 | CA$5.69 Million ≈ $4.11 Million |
+1151.81% |
| 2004-12-31 | CA$454.20K ≈ $328.56K |
-- |
About Tethys Petroleum Ltd
Tethys Petroleum Limited engages in the acquisition, exploration, and development of crude oil and natural gas fields in Kazakhstan. It also produces and sells crude oil and natural gas. The company was formerly known as Tethys Petroleum Investments Limited and changed its name to Tethys Petroleum Limited in September 2006. Tethys Petroleum Limited was incorporated in 2003 and is based in Grand C… Read more