GAS2GRID Ltd (GGX) - Net Assets

Latest as of December 2024: AU$-6.81 Million AUD ≈ $-4.82 Million USD

Based on the latest financial reports, GAS2GRID Ltd (GGX) has net assets worth AU$-6.81 Million AUD (≈ $-4.82 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$153.78K ≈ $108.81K USD) and total liabilities (AU$6.96 Million ≈ $4.93 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 GGX asset liquidity ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	AU$-6.81 Million
% of Total Assets	-4427.86%
Annual Growth Rate	N/A
5-Year Change	N/A
10-Year Change	-183.75%
Growth Volatility	71.46

GAS2GRID Ltd - Net Assets Trend (2005–2024)

This chart illustrates how GAS2GRID Ltd's net assets have evolved over time, based on quarterly financial data. Also explore GAS2GRID Ltd (GGX) total assets for the complete picture of this company's asset base.

Annual Net Assets for GAS2GRID Ltd (2005–2024)

The table below shows the annual net assets of GAS2GRID Ltd from 2005 to 2024. For live valuation and market cap data, see GAS2GRID Ltd (GGX) total market value.

Year	Net Assets	Change
2024-06-30	AU$-6.15 Million ≈ $-4.35 Million	-16.94%
2023-06-30	AU$-5.26 Million ≈ $-3.72 Million	-7.28%
2022-06-30	AU$-4.90 Million ≈ $-3.47 Million	+55.40%
2021-06-30	AU$-10.99 Million ≈ $-7.77 Million	+1.44%
2020-06-30	AU$-11.15 Million ≈ $-7.89 Million	-13.23%
2019-06-30	AU$-9.84 Million ≈ $-6.97 Million	-10.18%
2018-06-30	AU$-8.94 Million ≈ $-6.32 Million	-12.28%
2017-06-30	AU$-7.96 Million ≈ $-5.63 Million	-21.77%
2016-06-30	AU$-6.54 Million ≈ $-4.62 Million	-189.02%
2015-06-30	AU$7.34 Million ≈ $5.19 Million	-39.89%
2014-06-30	AU$12.21 Million ≈ $8.64 Million	+1.20%
2013-06-30	AU$12.07 Million ≈ $8.54 Million	-26.25%
2012-06-30	AU$16.36 Million ≈ $11.58 Million	+94.28%
2011-06-30	AU$8.42 Million ≈ $5.96 Million	+8.86%
2010-06-30	AU$7.74 Million ≈ $5.47 Million	+60.99%
2009-06-30	AU$4.81 Million ≈ $3.40 Million	-18.08%
2008-06-30	AU$5.87 Million ≈ $4.15 Million	+57.50%
2007-06-30	AU$3.72 Million ≈ $2.64 Million	-12.73%
2006-06-30	AU$4.27 Million ≈ $3.02 Million	-54.12%
2005-06-30	AU$9.30 Million ≈ $6.58 Million	--

Equity Component Analysis

This analysis shows how different components contribute to GAS2GRID 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 4526653500.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (June 2024)

Component	Amount	Percentage
Common Stock	AU$38.94 Million	%
Other Comprehensive Income	AU$319.80K	%
Total Equity	AU$-6.15 Million	100.00%

GAS2GRID Ltd Competitors by Market Cap

The table below lists competitors of GAS2GRID Ltd ranked by their market capitalization.

Company	Market Cap
Twin Hospitality Group Inc. NASDAQ:TWNP	$2.89 Million
Baillie Gifford UK Growth Fund PLC LSE:BGUK	$2.89 Million
Toys R US ANZ Ltd AU:TOY	$2.89 Million
CrownHaitai Holdings Co Ltd Preference Shares KO:005745	$2.89 Million
TTCL Public Company Limited BK:TTCL	$2.88 Million
B P Marsh and Partners PLC LSE:BPM	$2.88 Million
Belmont Resources Inc V:BEA	$2.88 Million
Braille Energy Systems Inc V:BES	$2.87 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in GAS2GRID Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from -5,257,495 to -6,148,219, a change of -890,724.
Net loss of 890,724 reduced equity.
Other factors decreased equity by 0.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	AU$-890.72K	-14.49%
Total Change	AU$-	%

Book Value vs Market Value Analysis

This analysis compares GAS2GRID 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

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2005-06-30	AU$0.21	AU$0.00	x
2006-06-30	AU$0.06	AU$0.00	x
2007-06-30	AU$0.05	AU$0.00	x
2008-06-30	AU$0.04	AU$0.00	x
2009-06-30	AU$0.03	AU$0.00	x
2010-06-30	AU$0.03	AU$0.00	x
2011-06-30	AU$0.02	AU$0.00	x
2012-06-30	AU$0.04	AU$0.00	x
2013-06-30	AU$0.02	AU$0.00	x
2014-06-30	AU$0.01	AU$0.00	x
2015-06-30	AU$0.01	AU$0.00	x
2016-06-30	AU$-0.01	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$0.00	AU$0.00	x
2023-06-30	AU$0.00	AU$0.00	x
2024-06-30	AU$0.00	AU$0.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently GAS2GRID 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): 0.00%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -41429.02%
• Asset Turnover: 0.05x
• Equity Multiplier: 0.00x
Recent ROE (0.00%) is above the historical average (-16.28%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2005	-1.56%	-322.63%	0.00x	1.02x	AU$-1.08 Million
2006	-43.53%	-1786.54%	0.02x	1.55x	AU$-2.28 Million
2007	-8.64%	-1788.89%	0.00x	1.95x	AU$-694.50K
2008	-7.36%	-332.31%	0.02x	1.37x	AU$-1.02 Million
2009	-58.78%	-16617.65%	0.00x	1.44x	AU$-3.31 Million
2010	-14.01%	-4169.23%	0.00x	1.11x	AU$-1.86 Million
2011	-26.81%	-16128.57%	0.00x	1.07x	AU$-3.10 Million
2012	-7.44%	-7284.67%	0.00x	1.05x	AU$-2.85 Million
2013	-69.81%	-168480.00%	0.00x	1.52x	AU$-9.63 Million
2014	-15.87%	-16150.00%	0.00x	1.42x	AU$-3.16 Million
2015	-71.82%	-4419.85%	0.01x	1.80x	AU$-6.01 Million
2016	0.00%	-8501.08%	0.70x	0.00x	AU$-13.57 Million
2017	0.00%	-2610.00%	0.86x	0.00x	AU$-687.19K
2018	0.00%	-6901.85%	0.09x	0.00x	AU$-632.46K
2019	0.00%	-52391.97%	0.00x	0.00x	AU$51.92K
2020	0.00%	-1060555.56%	0.00x	0.00x	AU$-794.27K
2021	0.00%	-1612500.00%	0.00x	0.00x	AU$-836.29K
2022	0.00%	962571.00%	0.00x	0.00x	AU$2.42 Million
2023	0.00%	-4576.92%	0.01x	0.00x	AU$168.75K
2024	0.00%	-41429.02%	0.05x	0.00x	AU$-275.90K

Industry Comparison

This section compares GAS2GRID 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: $32,358,340
Average return on equity (ROE) among peers: -59.68%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
GAS2GRID Ltd (GGX)	AU$-6.81 Million	-1.56%	N/A	$2.88 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
Bass Oil Ltd (BAS)	$1.04 Million	-288.37%	0.09x	$13.11 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 GAS2GRID Ltd

AU:GGX Australia Oil & Gas E&P

Market Cap

$2.88 Million

AU$4.08 Million AUD

Market Cap Rank

#29263 Global

#1710 in Australia

Share Price

AU$0.00

Change (1 day)

+0.00%

52-Week Range

AU$0.00 - AU$0.00

All Time High

AU$0.01