Lakes Oil NL
Lakes Blue Energy NL, together with its subsidiaries, engages in the exploration of oil and gas properties. The company holds interests in petroleum and mineral exploration rights in Victoria, South Australia, and Queensland; Papua New Guinea; and the United States. The company was formerly known as Lakes Oil NL and changed its name to Lakes Blue Energy NL in March 2021. Lakes Blue Energy NL was … Read more
Lakes Oil NL (LKO) - Net Assets
Latest net assets as of June 2025: AU$17.44 Million AUD
Based on the latest financial reports, Lakes Oil NL (LKO) has net assets worth AU$17.44 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$19.84 Million) and total liabilities (AU$2.40 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$17.44 Million |
| % of Total Assets | 87.88% |
| Annual Growth Rate | 4.86% |
| 5-Year Change | 33.51% |
| 10-Year Change | 155.58% |
| Growth Volatility | 48.35 |
Lakes Oil NL - Net Assets Trend (1989–2025)
This chart illustrates how Lakes Oil NL's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Lakes Oil NL (1989–2025)
The table below shows the annual net assets of Lakes Oil NL from 1989 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$17.44 Million | +27.23% |
| 2024-06-30 | AU$13.70 Million | -0.13% |
| 2023-06-30 | AU$13.72 Million | +112.36% |
| 2022-06-30 | AU$6.46 Million | -50.52% |
| 2021-06-30 | AU$13.06 Million | -20.21% |
| 2020-06-30 | AU$16.37 Million | +0.50% |
| 2019-06-30 | AU$16.29 Million | +23.34% |
| 2018-06-30 | AU$13.20 Million | +19.21% |
| 2017-06-30 | AU$11.08 Million | +62.36% |
| 2016-06-30 | AU$6.82 Million | -87.82% |
| 2015-06-30 | AU$56.01 Million | +1.43% |
| 2014-06-30 | AU$55.22 Million | -4.75% |
| 2013-06-30 | AU$57.98 Million | +7.54% |
| 2012-06-30 | AU$53.91 Million | -1.36% |
| 2011-06-30 | AU$54.66 Million | -1.52% |
| 2010-06-30 | AU$55.50 Million | +7.95% |
| 2009-06-30 | AU$51.41 Million | -3.46% |
| 2008-06-30 | AU$53.25 Million | +17.01% |
| 2007-06-30 | AU$45.51 Million | +22.33% |
| 2006-06-30 | AU$37.20 Million | +15.79% |
| 2005-06-30 | AU$32.13 Million | +28.18% |
| 2004-06-30 | AU$25.07 Million | +67.14% |
| 2003-06-30 | AU$15.00 Million | -6.47% |
| 2002-06-30 | AU$16.03 Million | +41.22% |
| 2001-06-30 | AU$11.35 Million | +86.61% |
| 2000-06-30 | AU$6.08 Million | +3.10% |
| 1999-06-30 | AU$5.90 Million | -18.72% |
| 1998-06-30 | AU$7.26 Million | -1.79% |
| 1997-06-30 | AU$7.39 Million | +39.18% |
| 1996-06-30 | AU$5.31 Million | +9.52% |
| 1995-06-30 | AU$4.85 Million | +68.81% |
| 1994-06-30 | AU$2.87 Million | +112.34% |
| 1993-06-30 | AU$1.35 Million | +153.85% |
| 1992-06-30 | AU$533.00K | +1.91% |
| 1991-06-30 | AU$523.00K | -63.60% |
| 1990-06-30 | AU$1.44 Million | -54.51% |
| 1989-06-30 | AU$3.16 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lakes Oil NL'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 13138715900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$153.34 Million | 883.30% |
| Other Comprehensive Income | AU$-121.31K | -0.70% |
| Total Equity | AU$17.36 Million | 100.00% |
Lakes Oil NL Competitors by Market Cap
The table below lists competitors of Lakes Oil NL ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jaya Konstruksi Manggala Pratama
JK:JKON
|
$27.61 Million |
|
Pungguk Ethanol Industrial Co. Ltd
KQ:023900
|
$27.62 Million |
|
ROYAL ROAD MIN.
F:RLU
|
$27.62 Million |
|
INSPIREMD 1/18 DL-0001
F:II2
|
$27.63 Million |
|
Naim Holdings Bhd
KLSE:5073
|
$27.60 Million |
|
Goldlion Holdings Limited
F:GLH
|
$27.60 Million |
|
Pilkington Deutschland AG
HM:FDD
|
$27.60 Million |
|
HUNG HING PRINT.
F:HUV
|
$27.59 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lakes Oil NL's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 13,625,141 to 17,359,488, a change of 3,734,347 (27.4%).
- Net income of 3,748,543 contributed positively to equity growth.
- Other comprehensive income decreased equity by 27,118.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$3.75 Million | +21.59% |
| Other Comprehensive Income | AU$-27.12K | -0.16% |
| Other Changes | AU$12.92K | +0.07% |
| Total Change | AU$- | 27.41% |
Book Value vs Market Value Analysis
This analysis compares Lakes Oil NL'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: 3.49x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 0.01x to 3.49x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1989-06-30 | AU$112.09 | AU$1.03 | x |
| 1990-06-30 | AU$50.99 | AU$1.03 | x |
| 1991-06-30 | AU$18.56 | AU$1.03 | x |
| 1992-06-30 | AU$18.91 | AU$1.03 | x |
| 1993-06-30 | AU$37.16 | AU$1.03 | x |
| 1994-06-30 | AU$44.76 | AU$1.03 | x |
| 1995-06-30 | AU$61.27 | AU$1.03 | x |
| 1996-06-30 | AU$36.16 | AU$1.03 | x |
| 1997-06-30 | AU$33.87 | AU$1.03 | x |
| 1998-06-30 | AU$22.65 | AU$1.03 | x |
| 1999-06-30 | AU$17.00 | AU$1.03 | x |
| 2000-06-30 | AU$14.98 | AU$1.03 | x |
| 2001-06-30 | AU$19.85 | AU$1.03 | x |
| 2002-06-30 | AU$21.06 | AU$1.03 | x |
| 2003-06-30 | AU$17.43 | AU$1.03 | x |
| 2004-06-30 | AU$23.18 | AU$1.03 | x |
| 2005-06-30 | AU$23.04 | AU$1.03 | x |
| 2006-06-30 | AU$19.89 | AU$1.03 | x |
| 2007-06-30 | AU$18.86 | AU$1.03 | x |
| 2008-06-30 | AU$16.38 | AU$1.03 | x |
| 2009-06-30 | AU$11.82 | AU$1.03 | x |
| 2010-06-30 | AU$10.45 | AU$1.03 | x |
| 2011-06-30 | AU$9.60 | AU$1.03 | x |
| 2012-06-30 | AU$8.08 | AU$1.03 | x |
| 2013-06-30 | AU$8.35 | AU$1.03 | x |
| 2014-06-30 | AU$6.26 | AU$1.03 | x |
| 2015-06-30 | AU$5.20 | AU$1.03 | x |
| 2016-06-30 | AU$0.58 | AU$1.03 | x |
| 2017-06-30 | AU$0.73 | AU$1.03 | x |
| 2018-06-30 | AU$0.50 | AU$1.03 | x |
| 2019-06-30 | AU$0.51 | AU$1.03 | x |
| 2020-06-30 | AU$0.48 | AU$1.03 | x |
| 2021-06-30 | AU$0.38 | AU$1.03 | x |
| 2022-06-30 | AU$0.16 | AU$1.03 | x |
| 2023-06-30 | AU$0.28 | AU$1.03 | x |
| 2024-06-30 | AU$0.23 | AU$1.03 | x |
| 2025-06-30 | AU$0.30 | AU$1.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lakes Oil NL utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 21.59%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 67.25%
- • Asset Turnover: 0.28x
- • Equity Multiplier: 1.14x
- Recent ROE (21.59%) is above the historical average (-28.76%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1989 | -37.48% | 0.00% | 0.00x | 1.19x | AU$-1.50 Million |
| 1990 | -169.94% | 0.00% | 0.00x | 1.10x | AU$-2.59 Million |
| 1991 | -174.76% | 0.00% | 0.00x | 1.41x | AU$-966.30K |
| 1992 | -58.16% | 0.00% | 0.00x | 1.13x | AU$-363.30K |
| 1993 | -45.90% | 0.00% | 0.00x | 1.05x | AU$-756.30K |
| 1994 | -12.43% | 0.00% | 0.00x | 1.02x | AU$-644.30K |
| 1995 | -13.69% | 0.00% | 0.00x | 1.02x | AU$-1.15 Million |
| 1996 | -12.61% | 0.00% | 0.00x | 1.01x | AU$-1.20 Million |
| 1997 | -1.95% | 0.00% | 0.00x | 1.02x | AU$-883.45K |
| 1998 | -29.78% | 0.00% | 0.00x | 1.03x | AU$-2.89 Million |
| 1999 | -106.41% | 0.00% | 0.00x | 1.06x | AU$-6.87 Million |
| 2000 | -16.84% | 0.00% | 0.00x | 1.10x | AU$-1.63 Million |
| 2001 | -8.18% | 0.00% | 0.00x | 1.04x | AU$-2.06 Million |
| 2002 | -5.45% | 0.00% | 0.00x | 1.04x | AU$-2.48 Million |
| 2003 | -6.91% | 0.00% | 0.00x | 1.03x | AU$-2.54 Million |
| 2004 | -6.29% | 0.00% | 0.00x | 1.04x | AU$-4.08 Million |
| 2005 | -6.35% | -197.45% | 0.03x | 1.07x | AU$-5.25 Million |
| 2006 | -12.55% | -4097.24% | 0.00x | 1.03x | AU$-8.39 Million |
| 2007 | -5.65% | -1345.19% | 0.00x | 1.09x | AU$-7.12 Million |
| 2008 | -3.04% | -51.71% | 0.06x | 1.02x | AU$-6.95 Million |
| 2009 | -5.82% | -642.05% | 0.01x | 1.04x | AU$-8.13 Million |
| 2010 | -11.26% | 0.00% | 0.00x | 1.02x | AU$-11.80 Million |
| 2011 | -6.74% | 0.00% | 0.00x | 1.02x | AU$-9.15 Million |
| 2012 | -5.61% | 0.00% | 0.00x | 1.06x | AU$-8.42 Million |
| 2013 | -5.09% | 0.00% | 0.00x | 1.06x | AU$-8.75 Million |
| 2014 | -5.74% | -675.48% | 0.01x | 1.02x | AU$-8.69 Million |
| 2015 | -4.90% | -838.12% | 0.01x | 1.05x | AU$-8.34 Million |
| 2016 | -0.73% | -71443.03% | 0.00x | 1.35x | AU$-731.80K |
| 2017 | -0.07% | -7228.95% | 0.00x | 1.25x | AU$-1.12 Million |
| 2018 | -0.02% | -10030.14% | 0.00x | 1.07x | AU$-1.32 Million |
| 2019 | -20.77% | -17453.84% | 0.00x | 1.29x | AU$-4.98 Million |
| 2020 | -3.81% | -4934.83% | 0.00x | 1.53x | AU$-2.25 Million |
| 2021 | -32.36% | -2212.71% | 0.01x | 1.90x | AU$-5.50 Million |
| 2022 | -223.23% | -38796.80% | 0.00x | 2.66x | AU$-14.88 Million |
| 2023 | -22.19% | -6809.28% | 0.00x | 1.16x | AU$-4.39 Million |
| 2024 | -3.04% | -275.90% | 0.01x | 1.18x | AU$-1.78 Million |
| 2025 | 21.59% | 67.25% | 0.28x | 1.14x | AU$2.01 Million |
Industry Comparison
This section compares Lakes Oil NL'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 |
|---|---|---|---|---|
| Lakes Oil NL (LKO) | AU$17.44 Million | -37.48% | 0.14x | $27.61 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 |