Empire Energy Group Ltd (EEG) - Net Assets
Based on the latest financial reports, Empire Energy Group Ltd (EEG) has net assets worth AU$136.44 Million AUD (≈ $96.54 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$167.00 Million ≈ $118.16 Million USD) and total liabilities (AU$30.56 Million ≈ $21.62 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 EEG cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$136.44 Million |
| % of Total Assets | 81.7% |
| Annual Growth Rate | 5.13% |
| 5-Year Change | 351.26% |
| 10-Year Change | 431.64% |
| Growth Volatility | 95.88 |
Empire Energy Group Ltd - Net Assets Trend (1988–2024)
This chart illustrates how Empire Energy Group Ltd's net assets have evolved over time, based on quarterly financial data. Also explore EEG current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Empire Energy Group Ltd (1988–2024)
The table below shows the annual net assets of Empire Energy Group Ltd from 1988 to 2024. For live valuation and market cap data, see EEG market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | AU$136.44 Million ≈ $96.54 Million |
+21.50% |
| 2023-12-31 | AU$112.30 Million ≈ $79.46 Million |
-15.95% |
| 2022-12-31 | AU$133.61 Million ≈ $94.54 Million |
+22.22% |
| 2021-12-31 | AU$109.32 Million ≈ $77.35 Million |
+261.56% |
| 2020-12-31 | AU$30.24 Million ≈ $21.39 Million |
+54.90% |
| 2019-12-31 | AU$19.52 Million ≈ $13.81 Million |
-35.66% |
| 2018-12-31 | AU$30.34 Million ≈ $21.47 Million |
+16.78% |
| 2017-12-31 | AU$25.98 Million ≈ $18.38 Million |
-48.34% |
| 2016-12-31 | AU$50.29 Million ≈ $35.58 Million |
+95.94% |
| 2015-12-31 | AU$25.66 Million ≈ $18.16 Million |
-53.48% |
| 2014-12-31 | AU$55.17 Million ≈ $39.03 Million |
-0.33% |
| 2013-12-31 | AU$55.35 Million ≈ $39.16 Million |
+12.49% |
| 2012-12-31 | AU$49.20 Million ≈ $34.81 Million |
+0.51% |
| 2011-12-31 | AU$48.95 Million ≈ $34.63 Million |
+40.49% |
| 2010-12-31 | AU$34.84 Million ≈ $24.65 Million |
-31.35% |
| 2009-12-31 | AU$50.76 Million ≈ $35.91 Million |
+264.34% |
| 2008-12-31 | AU$13.93 Million ≈ $9.86 Million |
+11.16% |
| 2007-12-31 | AU$12.53 Million ≈ $8.87 Million |
+13.15% |
| 2006-12-31 | AU$11.08 Million ≈ $7.84 Million |
+13.36% |
| 2005-12-31 | AU$9.77 Million ≈ $6.91 Million |
+187.23% |
| 2004-12-31 | AU$3.40 Million ≈ $2.41 Million |
-13.75% |
| 2003-12-31 | AU$3.94 Million ≈ $2.79 Million |
+84.46% |
| 2002-12-31 | AU$2.14 Million ≈ $1.51 Million |
-25.96% |
| 2001-12-31 | AU$2.89 Million ≈ $2.04 Million |
-31.35% |
| 2000-12-31 | AU$4.21 Million ≈ $2.98 Million |
-54.71% |
| 1999-12-31 | AU$9.29 Million ≈ $6.57 Million |
+160.47% |
| 1998-12-31 | AU$3.57 Million ≈ $2.52 Million |
-28.80% |
| 1997-12-31 | AU$5.01 Million ≈ $3.54 Million |
-18.86% |
| 1996-12-31 | AU$6.17 Million ≈ $4.37 Million |
-6.12% |
| 1995-12-31 | AU$6.57 Million ≈ $4.65 Million |
+340.06% |
| 1994-12-31 | AU$1.49 Million ≈ $1.06 Million |
-25.15% |
| 1993-12-31 | AU$2.00 Million ≈ $1.41 Million |
+1.37% |
| 1992-12-31 | AU$1.97 Million ≈ $1.39 Million |
+49.51% |
| 1991-12-31 | AU$1.32 Million ≈ $931.86K |
-84.21% |
| 1990-12-31 | AU$8.34 Million ≈ $5.90 Million |
-19.87% |
| 1989-12-31 | AU$10.41 Million ≈ $7.37 Million |
-53.73% |
| 1988-12-31 | AU$22.50 Million ≈ $15.92 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Empire Energy Group 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 15908188500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$293.40 Million | 215.04% |
| Other Comprehensive Income | AU$12.27 Million | 8.99% |
| Total Equity | AU$136.44 Million | 100.00% |
Empire Energy Group Ltd Competitors by Market Cap
The table below lists competitors of Empire Energy Group Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Pix Transmissions Limited
NSE:PIXTRANS
|
$228.39 Million |
|
Value Added Technology Co. Ltd
KQ:043150
|
$228.41 Million |
|
Compucase Enterprise Co Ltd
TW:3032
|
$228.42 Million |
|
Penns Woods Bancorp Inc
NASDAQ:PWOD
|
$228.43 Million |
|
OBOOK Holdings Inc. Class A Common Shares
NASDAQ:OWLS
|
$228.35 Million |
|
What's Cooking Group NV/SA
BR:WHATS
|
$228.31 Million |
|
Mulpha International Bhd
KLSE:3905
|
$228.31 Million |
|
Digital Network S.A.
WAR:DIG
|
$228.14 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Empire Energy Group Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 112,303,417 to 136,443,189, a change of 24,139,772 (21.5%).
- Net loss of 21,318,373 reduced equity.
- Share repurchases of 1,545,201 reduced equity.
- New share issuances of 39,000,000 increased equity.
- Other comprehensive income increased equity by 1,094,272.
- Other factors increased equity by 6,909,074.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-21.32 Million | -15.62% |
| Share Repurchases | AU$1.55 Million | -1.13% |
| Share Issuances | AU$39.00 Million | +28.58% |
| Other Comprehensive Income | AU$1.09 Million | +0.8% |
| Other Changes | AU$6.91 Million | +5.06% |
| Total Change | AU$- | 21.50% |
Book Value vs Market Value Analysis
This analysis compares Empire Energy Group 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: 1.88x
- 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 2.87x to 1.88x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1988-12-31 | AU$0.10 | AU$0.28 | x |
| 1989-12-31 | AU$0.04 | AU$0.28 | x |
| 1990-12-31 | AU$0.04 | AU$0.28 | x |
| 1991-12-31 | AU$1.89 | AU$0.28 | x |
| 1992-12-31 | AU$2.26 | AU$0.28 | x |
| 1993-12-31 | AU$2.30 | AU$0.28 | x |
| 1994-12-31 | AU$1.72 | AU$0.28 | x |
| 1995-12-31 | AU$7.56 | AU$0.28 | x |
| 1996-12-31 | AU$5.92 | AU$0.28 | x |
| 1997-12-31 | AU$2.22 | AU$0.28 | x |
| 1998-12-31 | AU$1.50 | AU$0.28 | x |
| 1999-12-31 | AU$3.30 | AU$0.28 | x |
| 2000-12-31 | AU$0.83 | AU$0.28 | x |
| 2001-12-31 | AU$0.56 | AU$0.28 | x |
| 2002-12-31 | AU$0.41 | AU$0.28 | x |
| 2003-12-31 | AU$0.68 | AU$0.28 | x |
| 2004-12-31 | AU$0.37 | AU$0.28 | x |
| 2005-12-31 | AU$1.14 | AU$0.28 | x |
| 2006-12-31 | AU$0.89 | AU$0.28 | x |
| 2007-12-31 | AU$0.91 | AU$0.28 | x |
| 2008-12-31 | AU$1.00 | AU$0.28 | x |
| 2009-12-31 | AU$-0.11 | AU$0.28 | x |
| 2010-12-31 | AU$1.58 | AU$0.28 | x |
| 2011-12-31 | AU$1.60 | AU$0.28 | x |
| 2012-12-31 | AU$1.30 | AU$0.28 | x |
| 2013-12-31 | AU$1.44 | AU$0.28 | x |
| 2014-12-31 | AU$1.42 | AU$0.28 | x |
| 2015-12-31 | AU$0.61 | AU$0.28 | x |
| 2016-12-31 | AU$1.45 | AU$0.28 | x |
| 2017-12-31 | AU$0.28 | AU$0.28 | x |
| 2018-12-31 | AU$0.20 | AU$0.28 | x |
| 2019-12-31 | AU$0.08 | AU$0.28 | x |
| 2020-12-31 | AU$0.11 | AU$0.28 | x |
| 2021-12-31 | AU$0.24 | AU$0.28 | x |
| 2022-12-31 | AU$0.19 | AU$0.28 | x |
| 2023-12-31 | AU$0.15 | AU$0.28 | x |
| 2024-12-31 | AU$0.15 | AU$0.28 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Empire Energy Group Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -15.62%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2085.89%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 1.22x
- Recent ROE (-15.62%) is above the historical average (-44.42%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1988 | -17.53% | 0.00% | 0.00x | 1.13x | AU$-6.19 Million |
| 1989 | -116.14% | 0.00% | 0.00x | 1.15x | AU$-13.13 Million |
| 1990 | -25.04% | 0.00% | 0.00x | 1.03x | AU$-2.92 Million |
| 1991 | -533.33% | 0.00% | 0.00x | 1.31x | AU$-7.16 Million |
| 1992 | -40.48% | 0.00% | 0.00x | 1.19x | AU$-993.90K |
| 1993 | -26.00% | 0.00% | 0.00x | 1.30x | AU$-718.60K |
| 1994 | -54.15% | 0.00% | 0.00x | 1.61x | AU$-958.40K |
| 1995 | -26.90% | 0.00% | 0.00x | 2.91x | AU$-2.43 Million |
| 1996 | -37.35% | 0.00% | 0.00x | 3.39x | AU$-2.92 Million |
| 1997 | -82.95% | 0.00% | 0.00x | 3.74x | AU$-4.66 Million |
| 1998 | -55.71% | 0.00% | 0.00x | 1.54x | AU$-2.34 Million |
| 1999 | -41.75% | -88.41% | 0.37x | 1.26x | AU$-4.78 Million |
| 2000 | -1.17% | -1.08% | 0.53x | 2.05x | AU$-469.85K |
| 2001 | -52.86% | -28.95% | 0.70x | 2.62x | AU$-1.80 Million |
| 2002 | -44.54% | -103.24% | 0.18x | 2.40x | AU$-1.17 Million |
| 2003 | -21.44% | -1225.47% | 0.01x | 1.24x | AU$-1.24 Million |
| 2004 | -15.94% | -695.12% | 0.01x | 2.42x | AU$-882.37K |
| 2005 | -12.19% | -8508.06% | 0.00x | 1.83x | AU$-2.17 Million |
| 2006 | -22.30% | -223.23% | 0.05x | 1.91x | AU$-3.58 Million |
| 2007 | -21.58% | -226.89% | 0.05x | 1.79x | AU$-3.96 Million |
| 2008 | 44.40% | 480.52% | 0.07x | 1.25x | AU$4.79 Million |
| 2009 | 0.00% | 99.82% | 0.11x | 0.00x | AU$11.26 Million |
| 2010 | 13.50% | 31.00% | 0.12x | 3.58x | AU$1.13 Million |
| 2011 | -3.23% | -4.90% | 0.26x | 2.55x | AU$-6.25 Million |
| 2012 | -0.45% | -0.83% | 0.22x | 2.44x | AU$-4.97 Million |
| 2013 | -2.27% | -4.32% | 0.23x | 2.27x | AU$-6.79 Million |
| 2014 | -10.53% | -20.17% | 0.23x | 2.28x | AU$-11.33 Million |
| 2015 | -144.49% | -148.05% | 0.24x | 3.98x | AU$-39.65 Million |
| 2016 | 45.42% | 113.14% | 0.16x | 2.53x | AU$17.81 Million |
| 2017 | -99.23% | -144.22% | 0.18x | 3.74x | AU$-28.38 Million |
| 2018 | -74.25% | -111.33% | 0.22x | 3.00x | AU$-25.56 Million |
| 2019 | -87.61% | -221.86% | 0.14x | 2.90x | AU$-19.05 Million |
| 2020 | -25.42% | -118.88% | 0.10x | 2.20x | AU$-10.71 Million |
| 2021 | -10.11% | -129.94% | 0.05x | 1.45x | AU$-21.98 Million |
| 2022 | -4.49% | -43.75% | 0.07x | 1.48x | AU$-19.36 Million |
| 2023 | -19.66% | -362.86% | 0.04x | 1.53x | AU$-33.31 Million |
| 2024 | -15.62% | -2085.89% | 0.01x | 1.22x | AU$-34.96 Million |
Industry Comparison
This section compares Empire Energy Group 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: $164,880,720
- Average return on equity (ROE) among peers: -12.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Empire Energy Group Ltd (EEG) | AU$136.44 Million | -17.53% | 0.22x | $228.38 Million |
| 88 Energy Ltd (88E) | $21.49 Million | -29.34% | 0.70x | $19.65 Million |
| ADX Energy Ltd (ADX) | $18.79 Million | -11.40% | 0.16x | $18.98 Million |
| Australis Oil & Gas Ltd (ATS) | $258.63 Million | 3.90% | 0.26x | $19.65 Million |
| Bass Oil Ltd (BAS) | $5.30 Million | -108.46% | 0.21x | $13.33 Million |
| Blue Energy Ltd (BLU) | $11.97 Million | 25.90% | 0.00x | $10.66 Million |
| Blue Star Helium Ltd (BNL) | $88.69 Million | -4.21% | 0.39x | $21.78 Million |
| Beach Energy Ltd (BPT) | $1.07 Billion | 5.95% | 0.62x | $1.89 Billion |
| Brookside Energy Ltd (BRK) | $7.43 Million | 0.00% | 0.01x | $40.91 Million |
| Buru Energy Ltd (BRU) | $109.54 Million | -5.03% | 0.46x | $9.93 Million |
| Beetaloo Energy Australia Limited (BTL) | $55.35 Million | -2.27% | 1.27x | $260.37 Million |
About Empire Energy Group Ltd
Empire Energy Group Limited, together its subsidiaries, engages in the production and sale of oil and natural gas in Australia. The company holds a 100% working interest in approximately 28.9 million acres of petroleum exploration tenements in the McArthur Basin and Beetaloo Sub-basin, onshore Northern Territory, Australia. The company was formerly known as Imperial Corporation Limited and change… Read more