Bass Oil Ltd

AU:BAS Australia Oil & Gas E&P
Market Cap
$13.45 Million
AU$21.72 Million AUD
Market Cap Rank
#28944 Global
#771 in Australia
Share Price
AU$0.07
Change (1 day)
-15.00%
52-Week Range
AU$0.02 - AU$0.10
All Time High
AU$0.20
Categories
Companies in Australia Oil & Gas E&P
About

Bass Oil Limited, together with its subsidiaries, engages in the exploration, development, and production of oil and gas in Australia and Indonesia. The company holds a 55% interest in the Tangai-Sukananti KSO production assets located in South Sumatra, Indonesia. It also holds interests in the properties in the Cooper Basin, South Australia, which comprises 15 licenses covering an area of approx… Read more

Bass Oil Ltd (BAS) - Net Assets

Latest net assets as of June 2025: AU$7.76 Million AUD

Based on the latest financial reports, Bass Oil Ltd (BAS) has net assets worth AU$7.76 Million AUD as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$11.99 Million) and total liabilities (AU$4.23 Million). 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.

Key Net Assets Metrics

Metric Value
Current Net Assets AU$7.76 Million
% of Total Assets 64.76%
Annual Growth Rate 20.94%
5-Year Change 263.56%
10-Year Change 570.58%
Growth Volatility 800.06

Bass Oil Ltd - Net Assets Trend (2000–2024)

This chart illustrates how Bass Oil Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Bass Oil Ltd (2000–2024)

The table below shows the annual net assets of Bass Oil Ltd from 2000 to 2024.

Year Net Assets Change
2024-12-31 AU$6.99 Million +2.72%
2023-12-31 AU$6.81 Million +3.97%
2022-12-31 AU$6.55 Million +111.28%
2021-12-31 AU$3.10 Million +61.12%
2020-12-31 AU$1.92 Million -20.32%
2019-12-31 AU$2.41 Million +105.67%
2018-12-31 AU$1.17 Million -20.68%
2017-12-31 AU$1.48 Million +233.65%
2016-12-31 AU$443.51K -57.47%
2015-12-31 AU$1.04 Million -63.93%
2014-12-31 AU$2.89 Million -25.78%
2013-12-31 AU$3.90 Million -38.15%
2012-12-31 AU$6.30 Million -34.62%
2011-12-31 AU$9.63 Million -26.29%
2010-12-31 AU$13.07 Million +47.95%
2009-12-31 AU$8.83 Million +50.36%
2008-12-31 AU$5.87 Million -36.91%
2007-12-31 AU$9.31 Million +64.96%
2006-12-31 AU$5.64 Million +20.25%
2005-12-31 AU$4.69 Million -11.45%
2004-12-31 AU$5.30 Million +30.78%
2003-12-31 AU$4.05 Million +4.16%
2002-12-31 AU$3.89 Million +29.70%
2001-12-31 AU$3.00 Million +4009.59%
2000-12-31 AU$73.00K --

Equity Component Analysis

This analysis shows how different components contribute to Bass Oil Ltd'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 2832274100.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock AU$32.57 Million 465.74%
Other Comprehensive Income AU$2.75 Million 39.27%
Total Equity AU$6.99 Million 100.00%

Bass Oil Ltd Competitors by Market Cap

The table below lists competitors of Bass Oil Ltd ranked by their market capitalization.

Company Market Cap
Grupa Azoty Zaklady Azotowe Pulawy SA
WAR:ZAP
 		$9.10 Million
The Byke Hospitality Ltd
NSE:BYKE
 		$9.10 Million
Nordic Iron Ore
ST:NIO
 		$9.10 Million
Les Enphants Co Ltd
TW:2911
 		$9.11 Million
Vardhman Polytex Limited
NSE:VARDMNPOLY
 		$9.09 Million
PCF GROUP SA ZY -02
F:6D1
 		$9.09 Million
Broad Capital Acquisition Corp Unit
NASDAQ:BRACU
 		$9.09 Million
Forsee Power SAS
PA:FORSE
 		$9.09 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Bass Oil Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 6,808,046 to 6,993,113, a change of 185,067 (2.7%).
  • Net loss of 393,833 reduced equity.
  • Share repurchases of 58,403 reduced equity.
  • New share issuances of 1,016,796 increased equity.
  • Other comprehensive income decreased equity by 591,998.
  • Other factors increased equity by 212,505.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income AU$-393.83K -5.63%
Share Repurchases AU$58.40K -0.84%
Share Issuances AU$1.02 Million +14.54%
Other Comprehensive Income AU$-592.00K -8.47%
Other Changes AU$212.50K +3.04%
Total Change AU$- 2.72%

Book Value vs Market Value Analysis

This analysis compares Bass Oil Ltd'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: 2.62x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has increased from 0.10x to 2.62x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2004-12-31 AU$0.67 AU$0.07 x
2005-12-31 AU$0.48 AU$0.07 x
2006-12-31 AU$0.56 AU$0.07 x
2007-12-31 AU$0.89 AU$0.07 x
2008-12-31 AU$0.49 AU$0.07 x
2009-12-31 AU$0.61 AU$0.07 x
2010-12-31 AU$0.76 AU$0.07 x
2011-12-31 AU$0.48 AU$0.07 x
2012-12-31 AU$0.23 AU$0.07 x
2013-12-31 AU$0.14 AU$0.07 x
2014-12-31 AU$0.09 AU$0.07 x
2015-12-31 AU$0.03 AU$0.07 x
2016-12-31 AU$0.01 AU$0.07 x
2017-12-31 AU$0.02 AU$0.07 x
2018-12-31 AU$0.01 AU$0.07 x
2019-12-31 AU$0.03 AU$0.07 x
2020-12-31 AU$0.02 AU$0.07 x
2021-12-31 AU$0.02 AU$0.07 x
2022-12-31 AU$0.02 AU$0.07 x
2023-12-31 AU$0.02 AU$0.07 x
2024-12-31 AU$0.03 AU$0.07 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Bass Oil Ltd 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): -5.63%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -6.90%
  • • Asset Turnover: 0.50x
  • • Equity Multiplier: 1.63x
  • Recent ROE (-5.63%) is above the historical average (-41.09%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2001 51.00% 60.55% 0.71x 1.18x AU$1.23 Million
2002 2.96% 12.16% 0.21x 1.14x AU$-274.10K
2003 4.02% 16.51% 0.20x 1.21x AU$-242.40K
2004 -108.46% -868.11% 0.10x 1.21x AU$-6.28 Million
2005 -30.13% -149.35% 0.20x 1.02x AU$-1.88 Million
2006 -9.95% -171.41% 0.06x 1.02x AU$-1.13 Million
2007 -9.91% -255.50% 0.03x 1.16x AU$-1.85 Million
2008 -11.90% -534.26% 0.02x 1.04x AU$-1.29 Million
2009 -4.33% -120.43% 0.04x 1.03x AU$-1.27 Million
2010 -8.15% -322.78% 0.02x 1.01x AU$-2.37 Million
2011 -46.98% -1358.36% 0.03x 1.01x AU$-5.49 Million
2012 -48.77% -2023.74% 0.02x 1.02x AU$-3.70 Million
2013 -70.21% -9504.38% 0.01x 1.04x AU$-3.12 Million
2014 -16.87% -1507.88% 0.01x 1.03x AU$-776.85K
2015 -288.37% -22303.79% 0.01x 1.09x AU$-3.11 Million
2016 -309.91% -92.70% 0.38x 8.79x AU$-1.42 Million
2017 -13.27% -4.10% 1.01x 3.20x AU$-344.27K
2018 -37.03% -10.76% 0.94x 3.66x AU$-551.94K
2019 16.70% 7.78% 1.07x 2.01x AU$161.82K
2020 -26.15% -15.55% 0.82x 2.04x AU$-690.99K
2021 -19.41% -20.16% 0.59x 1.62x AU$-911.52K
2022 0.65% 0.74% 0.50x 1.73x AU$-612.19K
2023 3.96% 4.08% 0.58x 1.67x AU$-411.02K
2024 -5.63% -6.90% 0.50x 1.63x AU$-1.09 Million

Industry Comparison

This section compares Bass Oil Ltd's net assets metrics with peer companies in the Oil & Gas E&P industry.

Industry Context

  • Industry: Oil & Gas E&P
  • Average net assets among peers: $50,457,477
  • Average return on equity (ROE) among peers: -845.12%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Bass Oil Ltd (BAS) AU$7.76 Million 51.00% 0.54x $9.10 Million
88 Energy Ltd (88E) $148.64 Million -22.08% 0.00x $22.73 Million
Amplitude Energy Ltd (AEL) $49.07 Million 11.28% 0.11x $454.30 Million
Australis Oil & Gas Ltd (ATS) $78.08 Million -19.61% 0.33x $14.34 Million
Blue Energy Ltd (BLU) $69.67K -2360.96% 0.02x $5.44 Million
Buru Energy Ltd (BRU) $16.49 Million -78.92% 0.93x $8.81 Million
Beetaloo Energy Australia Limited (BTL) $1.97 Million -40.48% 0.19x $128.43 Million
Cooper Energy Ltd (COE) $125.10 Million 1.00% 0.09x $277.90 Million
Comet Ridge Ltd (COI) $43.52K -5096.27% 0.44x $86.62 Million
Conrad Asia Energy Ltd (CRD) $34.66 Million -0.02% 0.05x $31.33 Million