Metgasco Ltd (MEL) - Net Assets
Based on the latest financial reports, Metgasco Ltd (MEL) has net assets worth AU$-2.58 Million AUD (≈ $-1.83 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$9.76 Million ≈ $6.91 Million USD) and total liabilities (AU$12.35 Million ≈ $8.74 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check MEL cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$-2.58 Million |
| % of Total Assets | -26.44% |
| Annual Growth Rate | N/A |
| 5-Year Change | -137.46% |
| 10-Year Change | -108.98% |
| Growth Volatility | 293.37 |
Metgasco Ltd - Net Assets Trend (2001–2025)
This chart illustrates how Metgasco Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Metgasco Ltd balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Metgasco Ltd (2001–2025)
The table below shows the annual net assets of Metgasco Ltd from 2001 to 2025. For live valuation and market cap data, see MEL market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$-2.58 Million ≈ $-1.83 Million |
-784.83% |
| 2024-06-30 | AU$-291.79K ≈ $-206.46K |
-102.59% |
| 2023-06-30 | AU$11.27 Million ≈ $7.98 Million |
+9.44% |
| 2022-06-30 | AU$10.30 Million ≈ $7.29 Million |
+49.45% |
| 2021-06-30 | AU$6.89 Million ≈ $4.88 Million |
-7.60% |
| 2020-06-30 | AU$7.46 Million ≈ $5.28 Million |
-49.81% |
| 2019-06-30 | AU$14.86 Million ≈ $10.52 Million |
-49.13% |
| 2018-06-30 | AU$29.21 Million ≈ $20.67 Million |
+64.84% |
| 2017-06-30 | AU$17.72 Million ≈ $12.54 Million |
-38.33% |
| 2016-06-30 | AU$28.74 Million ≈ $20.33 Million |
+249.51% |
| 2015-06-30 | AU$8.22 Million ≈ $5.82 Million |
-31.76% |
| 2014-06-30 | AU$12.05 Million ≈ $8.53 Million |
-87.64% |
| 2013-06-30 | AU$97.49 Million ≈ $68.98 Million |
+15.37% |
| 2012-06-30 | AU$84.50 Million ≈ $59.79 Million |
+14.20% |
| 2011-06-30 | AU$74.00 Million ≈ $52.36 Million |
+2.10% |
| 2010-06-30 | AU$72.48 Million ≈ $51.28 Million |
+52.86% |
| 2009-06-30 | AU$47.41 Million ≈ $33.55 Million |
+50.23% |
| 2008-06-30 | AU$31.56 Million ≈ $22.33 Million |
+31.29% |
| 2007-06-30 | AU$24.04 Million ≈ $17.01 Million |
+216.37% |
| 2006-06-30 | AU$7.60 Million ≈ $5.38 Million |
+58.61% |
| 2005-06-30 | AU$4.79 Million ≈ $3.39 Million |
+1409.32% |
| 2004-06-30 | AU$317.41K ≈ $224.59K |
+107.46% |
| 2003-06-30 | AU$153.00K ≈ $108.26K |
+115.49% |
| 2002-06-30 | AU$71.00K ≈ $50.24K |
-23.66% |
| 2001-06-30 | AU$93.00K ≈ $65.80K |
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Equity Component Analysis
This analysis shows how different components contribute to Metgasco 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 12836282900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$125.76 Million | % |
| Other Comprehensive Income | AU$17.02K | % |
| Total Equity | AU$-2.58 Million | 100.00% |
Metgasco Ltd Competitors by Market Cap
The table below lists competitors of Metgasco Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Palace Capital PLC
LSE:PCA
|
$418.33K |
|
BIORETEC OY
F:0TN
|
$424.74K |
|
PETREL RESOURCES (PQ4.SG)
STU:PQ4
|
$425.19K |
|
Ontrak Inc
NASDAQ:OTRK
|
$425.78K |
|
Fashion Bel Air S.A
PA:ALFBA
|
$414.00K |
|
Synectics plc
LSE:SNX
|
$413.14K |
|
LEGIBLE INC.
F:D0T
|
$412.41K |
|
H&G High Conviction Ltd
AU:HCF
|
$411.94K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Metgasco Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -291,793 to -2,581,867, a change of -2,290,074.
- Net loss of 3,267,814 reduced equity.
- Share repurchases of 855,620 reduced equity.
- Other comprehensive income decreased equity by 532,861.
- Other factors increased equity by 2,366,221.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-3.27 Million | -126.57% |
| Share Repurchases | AU$855.62K | -33.14% |
| Other Comprehensive Income | AU$-532.86K | -20.64% |
| Other Changes | AU$2.37 Million | +91.65% |
| Total Change | AU$- | % |
Book Value vs Market Value Analysis
This analysis compares Metgasco 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 |
|---|---|---|---|
| 2004-06-30 | AU$4.35 | AU$0.02 | x |
| 2005-06-30 | AU$3.28 | AU$0.02 | x |
| 2006-06-30 | AU$4.73 | AU$0.02 | x |
| 2007-06-30 | AU$10.99 | AU$0.02 | x |
| 2008-06-30 | AU$11.57 | AU$0.02 | x |
| 2009-06-30 | AU$15.15 | AU$0.02 | x |
| 2010-06-30 | AU$14.92 | AU$0.02 | x |
| 2011-06-30 | AU$13.31 | AU$0.02 | x |
| 2012-06-30 | AU$11.56 | AU$0.02 | x |
| 2013-06-30 | AU$10.63 | AU$0.02 | x |
| 2014-06-30 | AU$1.22 | AU$0.02 | x |
| 2015-06-30 | AU$0.84 | AU$0.02 | x |
| 2016-06-30 | AU$3.02 | AU$0.02 | x |
| 2017-06-30 | AU$2.14 | AU$0.02 | x |
| 2018-06-30 | AU$3.54 | AU$0.02 | x |
| 2019-06-30 | AU$1.72 | AU$0.02 | x |
| 2020-06-30 | AU$0.87 | AU$0.02 | x |
| 2021-06-30 | AU$0.01 | AU$0.02 | x |
| 2022-06-30 | AU$0.01 | AU$0.02 | x |
| 2023-06-30 | AU$0.01 | AU$0.02 | x |
| 2024-06-30 | AU$-0.01 | AU$0.02 | x |
| 2025-06-30 | AU$-0.09 | AU$0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Metgasco Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -151.42%
- • Asset Turnover: 0.22x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-47.85%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | -2.37% | -172.20% | 0.01x | 1.45x | AU$-39.27K |
| 2005 | -18.79% | -703.13% | 0.02x | 1.21x | AU$-1.38 Million |
| 2006 | -13.66% | -865.00% | 0.01x | 1.07x | AU$-1.80 Million |
| 2007 | -7.85% | -480.15% | 0.01x | 1.28x | AU$-4.29 Million |
| 2008 | -6.76% | -183.18% | 0.03x | 1.10x | AU$-5.29 Million |
| 2009 | -8.64% | -671.48% | 0.01x | 1.04x | AU$-8.84 Million |
| 2010 | -6.27% | -464.72% | 0.01x | 1.03x | AU$-11.79 Million |
| 2011 | -6.85% | -696.15% | 0.01x | 1.06x | AU$-12.47 Million |
| 2012 | -6.08% | -541.20% | 0.01x | 1.04x | AU$-13.59 Million |
| 2013 | -7.40% | -820.42% | 0.01x | 1.05x | AU$-16.96 Million |
| 2014 | -712.98% | -15533.37% | 0.04x | 1.09x | AU$-87.12 Million |
| 2015 | -47.03% | -1190.25% | 0.04x | 1.08x | AU$-4.69 Million |
| 2016 | 80.21% | 2968.96% | 0.03x | 1.01x | AU$20.18 Million |
| 2017 | -5.95% | -126.91% | 0.05x | 1.01x | AU$-2.83 Million |
| 2018 | 3.49% | 100.35% | 0.03x | 1.01x | AU$-1.90 Million |
| 2019 | -95.70% | -3765.69% | 0.02x | 1.13x | AU$-15.71 Million |
| 2020 | -100.06% | -126492.31% | 0.00x | 1.03x | AU$-8.21 Million |
| 2021 | -17.14% | -738125.00% | 0.00x | 1.10x | AU$-1.87 Million |
| 2022 | -59.36% | -1284.76% | 0.03x | 1.68x | AU$-7.14 Million |
| 2023 | -13.57% | -321.33% | 0.03x | 1.60x | AU$-2.66 Million |
| 2024 | 0.00% | -555.81% | 0.26x | 0.00x | AU$-13.17 Million |
| 2025 | 0.00% | -151.42% | 0.22x | 0.00x | AU$-3.01 Million |
Industry Comparison
This section compares Metgasco 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: $32,358,340
- Average return on equity (ROE) among peers: -59.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Metgasco Ltd (MEL) | AU$-2.58 Million | -2.37% | N/A | $415.96K |
| 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 Metgasco Ltd
Metgasco Limited engages in the exploration, appraisal, development, production, and commercialization of oil and gas properties in the Cooper Eromanga Basin, Australia. It holds 25 interests in the ATP 2021 project comprising the Vali gas field located in Queensland; and the PRL 211 project located in the South Australian Cooper Basin. The company also invests in and develops related energy infr… Read more