Grand Gulf Energy Ltd
Grand Gulf Energy Limited engages in the exploration and production of helium in the United States. Its flagship project includes Red Helium Project located in Utah, the United States. The company was formerly known as Alto Energy International Limited and changed its name to Grand Gulf Energy Limited in June 2007. Grand Gulf Energy Limited is based in West Perth, Australia.
Grand Gulf Energy Ltd (GGE) - Net Assets
Latest net assets as of June 2025: AU$24.36 Million AUD
Based on the latest financial reports, Grand Gulf Energy Ltd (GGE) has net assets worth AU$24.36 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$25.07 Million) and total liabilities (AU$706.41K). 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$24.36 Million |
| % of Total Assets | 97.18% |
| Annual Growth Rate | 3.56% |
| 5-Year Change | 806.32% |
| 10-Year Change | 273.32% |
| Growth Volatility | 124.09 |
Grand Gulf Energy Ltd - Net Assets Trend (1998–2025)
This chart illustrates how Grand Gulf 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 Grand Gulf Energy Ltd (1998–2025)
The table below shows the annual net assets of Grand Gulf Energy Ltd from 1998 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$24.36 Million | +5.44% |
| 2024-06-30 | AU$23.10 Million | +6.00% |
| 2023-06-30 | AU$21.80 Million | +25.16% |
| 2022-06-30 | AU$17.41 Million | +547.86% |
| 2021-06-30 | AU$2.69 Million | -4.52% |
| 2020-06-30 | AU$2.82 Million | +15.00% |
| 2019-06-30 | AU$2.45 Million | -40.96% |
| 2018-06-30 | AU$4.15 Million | -8.46% |
| 2017-06-30 | AU$4.53 Million | -30.59% |
| 2016-06-30 | AU$6.53 Million | -2.84% |
| 2015-06-30 | AU$6.72 Million | -61.59% |
| 2014-06-30 | AU$17.49 Million | +5.34% |
| 2013-06-30 | AU$16.60 Million | -2.48% |
| 2012-06-30 | AU$17.02 Million | +55.70% |
| 2011-06-30 | AU$10.93 Million | +57.01% |
| 2010-06-30 | AU$6.96 Million | +30.74% |
| 2009-06-30 | AU$5.33 Million | -52.01% |
| 2008-06-30 | AU$11.10 Million | -8.61% |
| 2007-06-30 | AU$12.14 Million | +101.87% |
| 2006-06-30 | AU$6.01 Million | +25.77% |
| 2005-06-30 | AU$4.78 Million | +405.25% |
| 2003-06-30 | AU$-1.57 Million | -391.98% |
| 2002-06-30 | AU$-318.43K | -116.65% |
| 1999-06-30 | AU$1.91 Million | -79.79% |
| 1998-06-30 | AU$9.46 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Grand Gulf 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 6368535900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$77.50 Million | 365.34% |
| Other Comprehensive Income | AU$10.14 Million | 47.79% |
| Total Equity | AU$21.21 Million | 100.00% |
Grand Gulf Energy Ltd Competitors by Market Cap
The table below lists competitors of Grand Gulf Energy Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Merida Minerals Inc.
V:ESPN
|
$3.93 Million |
|
Inhibitor Therapeutics Inc
OTCQB:INTI
|
$3.93 Million |
|
HOCHDORF HLDG AG
F:1Z3
|
$3.93 Million |
|
SUNMIRROR AG SF 1
F:ROR
|
$3.93 Million |
|
Planet Ventures Inc
PINK:PNXPF
|
$3.93 Million |
|
Beam Communications Holdings Ltd
AU:BCC
|
$3.93 Million |
|
ALX Resources Corp
PINK:ALXEF
|
$3.92 Million |
|
TIMES CHINA HLDGS HD -10
F:T2H
|
$3.92 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Grand Gulf Energy Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 19,947,252 to 21,212,161, a change of 1,264,909 (6.3%).
- Net loss of 834,094 reduced equity.
- Other comprehensive income increased equity by 185,935.
- Other factors increased equity by 1,913,068.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-834.09K | -3.93% |
| Other Comprehensive Income | AU$185.94K | +0.88% |
| Other Changes | AU$1.91 Million | +9.02% |
| Total Change | AU$- | 6.34% |
Book Value vs Market Value Analysis
This analysis compares Grand Gulf 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: 0.40x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.00x to 0.40x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-06-30 | AU$727872.46 | AU$0.00 | x |
| 1999-06-30 | AU$147097.77 | AU$0.00 | x |
| 2000-06-30 | AU$454500.00 | AU$0.00 | x |
| 2002-06-30 | AU$-7581.60 | AU$0.00 | x |
| 2003-06-30 | AU$-0.25 | AU$0.00 | x |
| 2006-06-30 | AU$0.48 | AU$0.00 | x |
| 2007-06-30 | AU$0.57 | AU$0.00 | x |
| 2008-06-30 | AU$0.25 | AU$0.00 | x |
| 2009-06-30 | AU$0.12 | AU$0.00 | x |
| 2010-06-30 | AU$0.11 | AU$0.00 | x |
| 2011-06-30 | AU$0.07 | AU$0.00 | x |
| 2012-06-30 | AU$0.05 | AU$0.00 | x |
| 2013-06-30 | AU$0.04 | AU$0.00 | x |
| 2014-06-30 | AU$0.05 | AU$0.00 | x |
| 2015-06-30 | AU$0.02 | AU$0.00 | x |
| 2016-06-30 | AU$0.02 | AU$0.00 | x |
| 2017-06-30 | AU$0.01 | AU$0.00 | x |
| 2018-06-30 | AU$0.01 | AU$0.00 | x |
| 2019-06-30 | AU$0.01 | AU$0.00 | x |
| 2020-06-30 | AU$0.01 | AU$0.00 | x |
| 2021-06-30 | AU$0.01 | AU$0.00 | x |
| 2022-06-30 | AU$0.02 | AU$0.00 | x |
| 2023-06-30 | AU$0.01 | AU$0.00 | x |
| 2024-06-30 | AU$0.01 | AU$0.00 | x |
| 2025-06-30 | AU$0.01 | AU$0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Grand Gulf Energy Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -3.93%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -136.01%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 1.18x
- Recent ROE (-3.93%) is above the historical average (-50.21%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | -11.17% | 0.00% | 0.00x | 1.05x | AU$-2.00 Million |
| 1999 | -383.60% | 0.00% | 0.00x | 1.79x | AU$-7.53 Million |
| 2000 | -229.59% | 0.00% | 0.00x | 0.00x | AU$-2.18 Million |
| 2002 | 0.00% | 0.00% | 0.00x | 0.00x | AU$-436.69K |
| 2003 | 0.00% | 0.00% | 0.00x | 0.00x | AU$-4.75 Million |
| 2006 | -162.17% | -26363.27% | 0.01x | 1.15x | AU$-10.36 Million |
| 2007 | -23.55% | -2258.42% | 0.01x | 1.03x | AU$-4.07 Million |
| 2008 | -12.73% | -135.18% | 0.08x | 1.21x | AU$-2.52 Million |
| 2009 | -143.80% | -1164.67% | 0.07x | 1.77x | AU$-8.19 Million |
| 2010 | -22.18% | -1978.52% | 0.01x | 1.39x | AU$-2.24 Million |
| 2011 | -51.33% | -865.37% | 0.05x | 1.28x | AU$-6.70 Million |
| 2012 | 17.14% | 78.42% | 0.20x | 1.10x | AU$1.22 Million |
| 2013 | -13.06% | -62.15% | 0.20x | 1.05x | AU$-3.83 Million |
| 2014 | 8.01% | 18.65% | 0.42x | 1.02x | AU$-348.06K |
| 2015 | -31.94% | -32.10% | 0.90x | 1.11x | AU$-2.82 Million |
| 2016 | -8.59% | -14.26% | 0.53x | 1.14x | AU$-1.21 Million |
| 2017 | -49.09% | -71.72% | 0.61x | 1.12x | AU$-2.68 Million |
| 2018 | -13.10% | -15.95% | 0.74x | 1.11x | AU$-957.72K |
| 2019 | -7.70% | -7.84% | 0.84x | 1.17x | AU$-433.29K |
| 2020 | 11.53% | 20.22% | 0.49x | 1.15x | AU$42.99K |
| 2021 | 4.29% | 10.10% | 0.37x | 1.15x | AU$-153.58K |
| 2022 | -107.40% | -1362.98% | 0.08x | 1.03x | AU$-20.45 Million |
| 2023 | -12.46% | -328.38% | 0.03x | 1.28x | AU$-4.11 Million |
| 2024 | -8.88% | -324.73% | 0.02x | 1.20x | AU$-3.77 Million |
| 2025 | -3.93% | -136.01% | 0.02x | 1.18x | AU$-2.96 Million |
Industry Comparison
This section compares Grand Gulf 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: $46,092,534
- Average return on equity (ROE) among peers: -760.21%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Grand Gulf Energy Ltd (GGE) | AU$24.36 Million | -11.17% | 0.03x | $3.93 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 |
| 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 |