Cooper Energy Ltd
Cooper Energy Limited, an upstream gas and oil exploration and production company, engages in securing, finding, developing, producing, and selling of hydrocarbons in Australia. The company produces offshore gas liquids from the Sole gas field in the Gippsland Basin, Victoria; and Casino, Henry, Netherby gas fields in the Otway Basin, Victoria, as well as engages in onshore oil production and exp… Read more
Cooper Energy Ltd (COE) - Net Assets
Latest net assets as of June 2024: AU$417.65 Million AUD
Based on the latest financial reports, Cooper Energy Ltd (COE) has net assets worth AU$417.65 Million AUD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$1.22 Billion) and total liabilities (AU$805.54 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$417.65 Million |
| % of Total Assets | 34.14% |
| Annual Growth Rate | 18.91% |
| 5-Year Change | 18.96% |
| 10-Year Change | 302.08% |
| Growth Volatility | 57.73 |
Cooper Energy Ltd - Net Assets Trend (2002–2024)
This chart illustrates how Cooper Energy 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 Cooper Energy Ltd (2002–2024)
The table below shows the annual net assets of Cooper Energy Ltd from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | AU$417.65 Million | -15.95% |
| 2023-06-30 | AU$496.87 Million | -0.31% |
| 2022-06-30 | AU$498.43 Million | +52.99% |
| 2021-06-30 | AU$325.80 Million | -7.20% |
| 2020-06-30 | AU$351.08 Million | -19.05% |
| 2019-06-30 | AU$433.71 Million | -2.29% |
| 2018-06-30 | AU$443.88 Million | +55.72% |
| 2017-06-30 | AU$285.05 Million | +211.36% |
| 2016-06-30 | AU$91.55 Million | -11.86% |
| 2015-06-30 | AU$103.87 Million | -38.10% |
| 2014-06-30 | AU$167.79 Million | +22.29% |
| 2013-06-30 | AU$137.21 Million | +0.19% |
| 2012-06-30 | AU$136.94 Million | +19.22% |
| 2011-06-30 | AU$114.86 Million | -8.18% |
| 2010-06-30 | AU$125.10 Million | +1.45% |
| 2009-06-30 | AU$123.31 Million | +6.77% |
| 2008-06-30 | AU$115.49 Million | +135.38% |
| 2007-06-30 | AU$49.07 Million | +35.96% |
| 2006-06-30 | AU$36.09 Million | +40.02% |
| 2005-06-30 | AU$25.77 Million | +80.22% |
| 2004-06-30 | AU$14.30 Million | +98.30% |
| 2003-06-30 | AU$7.21 Million | -22.03% |
| 2002-06-30 | AU$9.25 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Cooper Energy 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 32840402400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$718.88 Million | 172.13% |
| Other Comprehensive Income | AU$27.18 Million | 6.51% |
| Total Equity | AU$417.65 Million | 100.00% |
Cooper Energy Ltd Competitors by Market Cap
The table below lists competitors of Cooper Energy Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Compagnie Financière Tradition SA
PINK:CFNCF
|
$277.93 Million |
|
Hangzhou Haoyue Personal Care Co Ltd
SHG:605009
|
$277.99 Million |
|
Beijing Haohan Data Technology Co. Ltd. A
SHG:688292
|
$278.06 Million |
|
Jyothy Labs Limited
NSE:JYOTHYLAB
|
$278.06 Million |
|
Zhenhai PetroChem Engineering
SHG:603637
|
$277.87 Million |
|
Rxsight Inc
NASDAQ:RXST
|
$277.68 Million |
|
Byggmax Group AB
ST:BMAX
|
$277.67 Million |
|
Acco Brands Corporation
NYSE:ACCO
|
$277.61 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cooper Energy Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 496,873,000 to 417,646,000, a change of -79,227,000 (-15.9%).
- Net loss of 114,109,000 reduced equity.
- Other comprehensive income increased equity by 1,114,000.
- Other factors increased equity by 33,768,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-114.11 Million | -27.32% |
| Other Comprehensive Income | AU$1.11 Million | +0.27% |
| Other Changes | AU$33.77 Million | +8.09% |
| Total Change | AU$- | -15.95% |
Book Value vs Market Value Analysis
This analysis compares Cooper Energy 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: 1.23x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 71.58x to 1.23x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-06-30 | AU$0.00 | AU$0.20 | x |
| 2002-06-30 | AU$0.00 | AU$0.20 | x |
| 2003-06-30 | AU$0.00 | AU$0.20 | x |
| 2004-06-30 | AU$0.01 | AU$0.20 | x |
| 2005-06-30 | AU$0.01 | AU$0.20 | x |
| 2006-06-30 | AU$0.01 | AU$0.20 | x |
| 2007-06-30 | AU$0.02 | AU$0.20 | x |
| 2008-06-30 | AU$0.04 | AU$0.20 | x |
| 2009-06-30 | AU$0.05 | AU$0.20 | x |
| 2010-06-30 | AU$0.05 | AU$0.20 | x |
| 2011-06-30 | AU$0.04 | AU$0.20 | x |
| 2012-06-30 | AU$0.05 | AU$0.20 | x |
| 2013-06-30 | AU$0.05 | AU$0.20 | x |
| 2014-06-30 | AU$0.06 | AU$0.20 | x |
| 2015-06-30 | AU$0.04 | AU$0.20 | x |
| 2016-06-30 | AU$0.03 | AU$0.20 | x |
| 2017-06-30 | AU$0.11 | AU$0.20 | x |
| 2018-06-30 | AU$0.29 | AU$0.20 | x |
| 2019-06-30 | AU$0.25 | AU$0.20 | x |
| 2020-06-30 | AU$0.13 | AU$0.20 | x |
| 2021-06-30 | AU$0.12 | AU$0.20 | x |
| 2022-06-30 | AU$0.19 | AU$0.20 | x |
| 2023-06-30 | AU$0.19 | AU$0.20 | x |
| 2024-06-30 | AU$0.16 | AU$0.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cooper Energy Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -27.32%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -52.09%
- • Asset Turnover: 0.18x
- • Equity Multiplier: 2.93x
- Recent ROE (-27.32%) is below the historical average (-6.18%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | -2.21% | -171.16% | 0.01x | 1.01x | AU$-1.13 Million |
| 2003 | -28.26% | -187.63% | 0.14x | 1.09x | AU$-2.76 Million |
| 2004 | -31.18% | -77.03% | 0.38x | 1.07x | AU$-5.89 Million |
| 2005 | 44.47% | 45.30% | 0.82x | 1.20x | AU$8.88 Million |
| 2006 | 25.99% | 28.80% | 0.70x | 1.28x | AU$5.77 Million |
| 2007 | 11.28% | 26.08% | 0.39x | 1.11x | AU$629.40K |
| 2008 | 5.55% | 14.23% | 0.35x | 1.12x | AU$-5.14 Million |
| 2009 | -2.28% | -6.76% | 0.31x | 1.10x | AU$-15.15 Million |
| 2010 | 1.00% | 3.12% | 0.29x | 1.09x | AU$-11.26 Million |
| 2011 | -9.01% | -26.45% | 0.31x | 1.11x | AU$-21.84 Million |
| 2012 | 6.12% | 13.88% | 0.38x | 1.18x | AU$-5.31 Million |
| 2013 | 0.96% | 2.45% | 0.33x | 1.18x | AU$-12.40 Million |
| 2014 | 13.08% | 30.36% | 0.29x | 1.48x | AU$5.17 Million |
| 2015 | -61.10% | -162.39% | 0.22x | 1.68x | AU$-73.86 Million |
| 2016 | -38.05% | -171.98% | 0.11x | 1.93x | AU$-43.99 Million |
| 2017 | -4.81% | -39.56% | 0.07x | 1.73x | AU$-42.21 Million |
| 2018 | 6.09% | 40.04% | 0.08x | 1.84x | AU$-17.38 Million |
| 2019 | -2.78% | -15.86% | 0.08x | 2.31x | AU$-55.42 Million |
| 2020 | -24.50% | -108.70% | 0.07x | 3.08x | AU$-121.14 Million |
| 2021 | -9.22% | -22.82% | 0.13x | 3.22x | AU$-62.62 Million |
| 2022 | -2.12% | -5.18% | 0.16x | 2.57x | AU$-60.40 Million |
| 2023 | -13.78% | -34.76% | 0.14x | 2.88x | AU$-118.15 Million |
| 2024 | -27.32% | -52.09% | 0.18x | 2.93x | AU$-155.87 Million |
Industry Comparison
This section compares Cooper Energy 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: $37,314,260
- Average return on equity (ROE) among peers: -844.79%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Cooper Energy Ltd (COE) | AU$417.65 Million | -2.21% | 1.93x | $277.90 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 |
| Bass Oil Ltd (BAS) | $6.81 Million | 3.96% | 0.67x | $9.10 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 |
| 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 |