Bass Oil Ltd (BAS) - Net Assets
Based on the latest financial reports, Bass Oil Ltd (BAS) has net assets worth AU$7.76 Million AUD (≈ $5.49 Million USD) 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 ≈ $8.48 Million USD) and total liabilities (AU$4.23 Million ≈ $2.99 Million 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. Check how resilient are Bass Oil Ltd's assets to evaluate the company's liquid asset resilience ratio.
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. Also explore Bass Oil Ltd balance sheet assets for the complete picture of this company's asset base.
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. For live valuation and market cap data, see how much is Bass Oil Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | AU$6.99 Million ≈ $4.95 Million |
+2.72% |
| 2023-12-31 | AU$6.81 Million ≈ $4.82 Million |
+3.97% |
| 2022-12-31 | AU$6.55 Million ≈ $4.63 Million |
+111.28% |
| 2021-12-31 | AU$3.10 Million ≈ $2.19 Million |
+61.12% |
| 2020-12-31 | AU$1.92 Million ≈ $1.36 Million |
-20.32% |
| 2019-12-31 | AU$2.41 Million ≈ $1.71 Million |
+105.67% |
| 2018-12-31 | AU$1.17 Million ≈ $830.46K |
-20.68% |
| 2017-12-31 | AU$1.48 Million ≈ $1.05 Million |
+233.65% |
| 2016-12-31 | AU$443.51K ≈ $313.81K |
-57.47% |
| 2015-12-31 | AU$1.04 Million ≈ $737.88K |
-63.93% |
| 2014-12-31 | AU$2.89 Million ≈ $2.05 Million |
-25.78% |
| 2013-12-31 | AU$3.90 Million ≈ $2.76 Million |
-38.15% |
| 2012-12-31 | AU$6.30 Million ≈ $4.46 Million |
-34.62% |
| 2011-12-31 | AU$9.63 Million ≈ $6.82 Million |
-26.29% |
| 2010-12-31 | AU$13.07 Million ≈ $9.25 Million |
+47.95% |
| 2009-12-31 | AU$8.83 Million ≈ $6.25 Million |
+50.36% |
| 2008-12-31 | AU$5.87 Million ≈ $4.16 Million |
-36.91% |
| 2007-12-31 | AU$9.31 Million ≈ $6.59 Million |
+64.96% |
| 2006-12-31 | AU$5.64 Million ≈ $3.99 Million |
+20.25% |
| 2005-12-31 | AU$4.69 Million ≈ $3.32 Million |
-11.45% |
| 2004-12-31 | AU$5.30 Million ≈ $3.75 Million |
+30.78% |
| 2003-12-31 | AU$4.05 Million ≈ $2.87 Million |
+4.16% |
| 2002-12-31 | AU$3.89 Million ≈ $2.75 Million |
+29.70% |
| 2001-12-31 | AU$3.00 Million ≈ $2.12 Million |
+4009.59% |
| 2000-12-31 | AU$73.00K ≈ $51.65K |
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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 |
|---|---|
|
Medalist Diversified Reit Inc
NASDAQ:MDRR
|
$13.11 Million |
|
Ironman International Ltd.
V:IMI
|
$13.12 Million |
|
Huge Group Ltd
JSE:HUG
|
$13.12 Million |
|
Winamp Group SA
PA:ALPET
|
$13.13 Million |
|
Integritas Viager SA
PA:MLVIE
|
$13.10 Million |
|
Barunson Co. Ltd
KQ:018700
|
$13.09 Million |
|
Marvel Gold Ltd
AU:MVL
|
$13.08 Million |
|
Jocil Limited
NSE:JOCIL
|
$13.08 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bass Oil Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,808,046 to 6,993,113, a change of 185,067 (2.7%).
- Net loss of 393,833 reduced equity.
- Share repurchases of 58,403 reduced equity.
- New share issuances of 1,016,796 increased equity.
- Other comprehensive income decreased equity by 591,998.
- Other factors increased equity by 212,505.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-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: 2.23x
- 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 0.09x to 2.23x 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$0.06 | x |
| 2005-12-31 | AU$0.48 | AU$0.06 | x |
| 2006-12-31 | AU$0.56 | AU$0.06 | x |
| 2007-12-31 | AU$0.89 | AU$0.06 | x |
| 2008-12-31 | AU$0.49 | AU$0.06 | x |
| 2009-12-31 | AU$0.61 | AU$0.06 | x |
| 2010-12-31 | AU$0.76 | AU$0.06 | x |
| 2011-12-31 | AU$0.48 | AU$0.06 | x |
| 2012-12-31 | AU$0.23 | AU$0.06 | x |
| 2013-12-31 | AU$0.14 | AU$0.06 | x |
| 2014-12-31 | AU$0.09 | AU$0.06 | x |
| 2015-12-31 | AU$0.03 | AU$0.06 | x |
| 2016-12-31 | AU$0.01 | AU$0.06 | x |
| 2017-12-31 | AU$0.02 | AU$0.06 | x |
| 2018-12-31 | AU$0.01 | AU$0.06 | x |
| 2019-12-31 | AU$0.03 | AU$0.06 | x |
| 2020-12-31 | AU$0.02 | AU$0.06 | x |
| 2021-12-31 | AU$0.02 | AU$0.06 | x |
| 2022-12-31 | AU$0.02 | AU$0.06 | x |
| 2023-12-31 | AU$0.02 | AU$0.06 | x |
| 2024-12-31 | AU$0.03 | AU$0.06 | 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: $35,837,839
- Average return on equity (ROE) among peers: -34.27%
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 | $13.11 Million |
| 88 Energy Ltd (88E) | $16.65 Million | -41.39% | 0.05x | $18.83 Million |
| ADX Energy Ltd (ADX) | $8.69 Million | -49.24% | 2.54x | $19.62 Million |
| Australis Oil & Gas Ltd (ATS) | $97.38 Million | 2.91% | 0.37x | $20.63 Million |
| Blue Energy Ltd (BLU) | $10.73 Million | 11.18% | 0.26x | $12.79 Million |
| Blue Star Helium Ltd (BNL) | $13.63 Million | -4.72% | 0.03x | $21.78 Million |
| Beach Energy Ltd (BPT) | $19.18 Million | -11.01% | 0.43x | $1.87 Billion |
| Brookside Energy Ltd (BRK) | $92.01 Million | 2.97% | 0.24x | $38.18 Million |
| Buru Energy Ltd (BRU) | $38.60 Million | -74.66% | 0.35x | $9.93 Million |
| Beetaloo Energy Australia Limited (BTL) | $25.66 Million | -144.49% | 2.98x | $260.37 Million |
About Bass Oil Ltd
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