Ordinary Fully Paid Deferred Settlement (88EDA) - Net Assets
Based on the latest financial reports, Ordinary Fully Paid Deferred Settlement (88EDA) has net assets worth AU$148.64 Million AUD (≈ $105.17 Million USD) as of December 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$148.99 Million ≈ $105.42 Million USD) and total liabilities (AU$356.79K ≈ $252.45K USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Read debt load of Ordinary Fully Paid Deferred Settlement for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$148.64 Million |
| % of Total Assets | 99.76% |
| Annual Growth Rate | 2.05% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 11.05 |
Ordinary Fully Paid Deferred Settlement - Net Assets Trend (2021–2024)
This chart illustrates how Ordinary Fully Paid Deferred Settlement's net assets have evolved over time, based on quarterly financial data. Also explore 88EDA current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Ordinary Fully Paid Deferred Settlement (2021–2024)
The table below shows the annual net assets of Ordinary Fully Paid Deferred Settlement from 2021 to 2024. For live valuation and market cap data, see market value of Ordinary Fully Paid Deferred Settlement.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | AU$148.64 Million ≈ $105.17 Million |
-4.53% |
| 2023-12-31 | AU$155.69 Million ≈ $110.16 Million |
+18.23% |
| 2022-12-31 | AU$131.68 Million ≈ $93.17 Million |
-5.84% |
| 2021-12-31 | AU$139.84 Million ≈ $98.95 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Ordinary Fully Paid Deferred Settlement's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 11798017700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | AU$435.66 Million | 293.10% |
| Total Equity | AU$148.64 Million | 100.00% |
Ordinary Fully Paid Deferred Settlement Competitors by Market Cap
The table below lists competitors of Ordinary Fully Paid Deferred Settlement ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
88 Energy Ltd
AU:88E
|
$18.83 Million |
|
Law Debenture Corp
LSE:LWDB
|
$18.83 Million |
|
Javelin Minerals Ltd
AU:JAV
|
$18.85 Million |
|
Blue Sky Uranium Corp
V:BSK
|
$18.85 Million |
|
Uniserve Communications Corp
V:USS
|
$18.83 Million |
|
Catenon S.A
MC:COM
|
$18.83 Million |
|
Genus PLC
LSE:GNS
|
$18.83 Million |
|
Lammhults Design Group AB (publ)
ST:LAMM-B
|
$18.82 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ordinary Fully Paid Deferred Settlement's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 155,685,399 to 148,637,240, a change of -7,048,159 (-4.5%).
- Net loss of 32,819,026 reduced equity.
- New share issuances of 9,695,924 increased equity.
- Other factors increased equity by 16,074,943.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-32.82 Million | -22.08% |
| Share Issuances | AU$9.70 Million | +6.52% |
| Other Changes | AU$16.07 Million | +10.81% |
| Total Change | AU$- | -4.53% |
Book Value vs Market Value Analysis
This analysis compares Ordinary Fully Paid Deferred Settlement's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 3.64x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 2.47x to 3.64x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | AU$0.01 | AU$0.02 | x |
| 2022-12-31 | AU$0.01 | AU$0.02 | x |
| 2023-12-31 | AU$0.01 | AU$0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ordinary Fully Paid Deferred Settlement utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -22.08%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.00x
- Recent ROE (-22.08%) is below the historical average (-21.70%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -1.72% | 0.00% | 0.00x | 1.04x | AU$-16.39 Million |
| 2022 | -53.71% | 0.00% | 0.00x | 1.01x | AU$-83.89 Million |
| 2023 | -9.27% | 0.00% | 0.00x | 1.01x | AU$-30.01 Million |
| 2024 | -22.08% | 0.00% | 0.00x | 1.00x | AU$-47.68 Million |
Industry Comparison
This section compares Ordinary Fully Paid Deferred Settlement's net assets metrics with peer companies in the same industry.
Industry Context
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ordinary Fully Paid Deferred Settlement (88EDA) | AU$148.64 Million | -1.72% | 0.00x | $18.83 Million |
| Ordinary Fully Paid Deferred Settlement (BCNDA) | $62.29 Million | 8.39% | 0.41x | $14.69K |
| PATRYS Ltd (PAB) | $732.87K | -411.16% | 1.37x | $6.99 Million |
| Perpetual Credit Income Trust (PCI) | $445.48 Million | 7.78% | 0.02x | $314.92 Million |
| Regal Investment Fund (RF1) | $342.96 Million | 50.99% | 1.48x | $484.25 Million |
| Regal Partners Global Investments Limited (RG1) | $643.12 Million | 9.97% | 0.34x | $15.74K |
| Rivco Australia Ltd (RIV) | $192.59 Million | 3.29% | 0.69x | $9.79K |
| Touch Ventures Ltd (TVL) | $216.00K | -1676.39% | 8.01x | $35.33 Million |
| Vgi Partners Global Investments Ltd (VG1) | $983.93 Million | 15.64% | 0.70x | $716.93 Million |
| Victory Metals Ltd (VTM) | $10.49 Million | -18.21% | 0.05x | $17.50 Million |
About Ordinary Fully Paid Deferred Settlement
88 Energy Limited engages in the exploration and production of oil and gas properties in the United States and Namibia. It operates through three segments: Oil and Gas exploration in Alaska, USA.; Oil & Gas production in Texas, USA.; and Oil & Gas exploration, Namibia. 88 Energy Limited was formerly known as Tangiers Petroleum Limited and changed its name to 88 Energy Limited in February 2015. Th… Read more