Prominence Energy Ltd
Prominence Energy Ltd, together with its subsidiaries, explores for, develops, and produces oil and gas projects in Australia and the United States. It holds a 100% working interest in the Big Apple Gas Prospect located on the Outer Continental Shelf of the Gulf of Mexico in the United States; and a 12.5% interest in exploration permit WA-519-P located on the Northwest Shelf, Australia. Prominenc… Read more
Prominence Energy Ltd (PRM) - Net Assets
Latest net assets as of June 2025: AU$1.45 Million AUD
Based on the latest financial reports, Prominence Energy Ltd (PRM) has net assets worth AU$1.45 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$1.58 Million) and total liabilities (AU$127.04K). 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$1.45 Million |
| % of Total Assets | 91.94% |
| Annual Growth Rate | -1.88% |
| 5-Year Change | -49.62% |
| 10-Year Change | N/A |
| Growth Volatility | 777.62 |
Prominence Energy Ltd - Net Assets Trend (1989–2025)
This chart illustrates how Prominence 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 Prominence Energy Ltd (1989–2025)
The table below shows the annual net assets of Prominence Energy Ltd from 1989 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$1.45 Million | -20.89% |
| 2024-06-30 | AU$1.83 Million | -75.64% |
| 2023-06-30 | AU$7.52 Million | -11.45% |
| 2022-06-30 | AU$8.49 Million | +195.24% |
| 2021-06-30 | AU$2.88 Million | +230.42% |
| 2020-06-30 | AU$-2.20 Million | -10.01% |
| 2019-06-30 | AU$-2.00 Million | -139333.40% |
| 2018-06-30 | AU$-1.44K | +16.72% |
| 2017-06-30 | AU$-1.73K | -25.72% |
| 2016-06-30 | AU$-1.37K | -113.11% |
| 2015-06-30 | AU$10.47K | -78.66% |
| 2014-06-30 | AU$49.08K | -99.91% |
| 2013-06-30 | AU$57.15 Million | +214.16% |
| 2012-06-30 | AU$18.19 Million | +108.14% |
| 2011-06-30 | AU$8.74 Million | -28.19% |
| 2010-06-30 | AU$12.17 Million | -25.49% |
| 2009-06-30 | AU$16.33 Million | -2.07% |
| 2008-06-30 | AU$16.68 Million | -9.22% |
| 2007-06-30 | AU$18.37 Million | -4.73% |
| 2006-06-30 | AU$19.29 Million | +39.45% |
| 2005-06-30 | AU$13.83 Million | +22.23% |
| 2004-06-30 | AU$11.31 Million | -15.03% |
| 2003-06-30 | AU$13.32 Million | +73.07% |
| 2002-06-30 | AU$7.69 Million | +46.04% |
| 2001-06-30 | AU$5.27 Million | +43.74% |
| 2000-06-30 | AU$3.67 Million | -47.41% |
| 1999-06-30 | AU$6.97 Million | -3.86% |
| 1998-06-30 | AU$7.25 Million | +53.21% |
| 1997-06-30 | AU$4.73 Million | -7.60% |
| 1996-06-30 | AU$5.12 Million | +66.22% |
| 1995-06-30 | AU$3.08 Million | +10.75% |
| 1994-06-30 | AU$2.78 Million | +4387.10% |
| 1993-06-30 | AU$62.00K | -67.88% |
| 1992-06-30 | AU$193.00K | -92.37% |
| 1991-06-30 | AU$2.53 Million | -41.39% |
| 1990-06-30 | AU$4.32 Million | +50.66% |
| 1989-06-30 | AU$2.86 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Prominence 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 15486159800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$142.22 Million | 9817.86% |
| Other Comprehensive Income | AU$18.09 Million | 1248.77% |
| Other Components | AU$1.00 | 0.00% |
| Total Equity | AU$1.45 Million | 100.00% |
Prominence Energy Ltd Competitors by Market Cap
The table below lists competitors of Prominence Energy Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
HUMMINGBIRD RESOUR.LS-01
F:2HM
|
$1.10 Million |
|
Morarjee Textiles Limited
NSE:MORARJEE
|
$1.10 Million |
|
Genesis Resources Ltd
AU:GES
|
$1.10 Million |
|
VOGO SA
PA:ALVGO
|
$1.10 Million |
|
NATL BK CANADA (NBC.SG)
STU:NBC
|
$1.10 Million |
|
Staffing 360 Solutions Inc
NASDAQ:STAF
|
$1.10 Million |
|
PRYME N.V EO -05
F:8XG
|
$1.10 Million |
|
SANTIERUL NAVAL CONSTANTA S.A.
RO:SNC
|
$1.10 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Prominence Energy Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,831,179 to 1,448,555, a change of -382,624 (-20.9%).
- Net loss of 1,164,040 reduced equity.
- Share repurchases of 729,530 reduced equity.
- Other comprehensive income increased equity by 99,939.
- Other factors increased equity by 1,411,007.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-1.16 Million | -80.36% |
| Share Repurchases | AU$729.53K | -50.36% |
| Other Comprehensive Income | AU$99.94K | +6.9% |
| Other Changes | AU$1.41 Million | +97.41% |
| Total Change | AU$- | -20.89% |
Book Value vs Market Value Analysis
This analysis compares Prominence 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: 0.78x
- 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 0.78x 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$67.76 | AU$0.00 | x |
| 1990-06-30 | AU$102.09 | AU$0.00 | x |
| 1991-06-30 | AU$59.84 | AU$0.00 | x |
| 1992-06-30 | AU$6.22 | AU$0.00 | x |
| 1993-06-30 | AU$1.02 | AU$0.00 | x |
| 1994-06-30 | AU$28.34 | AU$0.00 | x |
| 1995-06-30 | AU$23.88 | AU$0.00 | x |
| 1996-06-30 | AU$38.89 | AU$0.00 | x |
| 1997-06-30 | AU$20.22 | AU$0.00 | x |
| 1998-06-30 | AU$25.86 | AU$0.00 | x |
| 1999-06-30 | AU$21.80 | AU$0.00 | x |
| 2000-06-30 | AU$9.60 | AU$0.00 | x |
| 2001-06-30 | AU$9.90 | AU$0.00 | x |
| 2002-06-30 | AU$13.10 | AU$0.00 | x |
| 2003-06-30 | AU$22.66 | AU$0.00 | x |
| 2004-06-30 | AU$19.26 | AU$0.00 | x |
| 2005-06-30 | AU$19.37 | AU$0.00 | x |
| 2006-06-30 | AU$20.97 | AU$0.00 | x |
| 2007-06-30 | AU$18.14 | AU$0.00 | x |
| 2008-06-30 | AU$13.67 | AU$0.00 | x |
| 2009-06-30 | AU$11.93 | AU$0.00 | x |
| 2010-06-30 | AU$11.85 | AU$0.00 | x |
| 2011-06-30 | AU$8.51 | AU$0.00 | x |
| 2012-06-30 | AU$26.57 | AU$0.00 | x |
| 2013-06-30 | AU$110.13 | AU$0.00 | x |
| 2014-06-30 | AU$0.10 | AU$0.00 | x |
| 2015-06-30 | AU$0.01 | AU$0.00 | x |
| 2016-06-30 | AU$0.00 | AU$0.00 | x |
| 2017-06-30 | AU$0.00 | AU$0.00 | x |
| 2018-06-30 | AU$0.00 | AU$0.00 | x |
| 2019-06-30 | AU$-0.04 | AU$0.00 | x |
| 2020-06-30 | AU$-0.03 | AU$0.00 | x |
| 2021-06-30 | AU$0.02 | AU$0.00 | x |
| 2022-06-30 | AU$0.06 | AU$0.00 | x |
| 2023-06-30 | AU$0.06 | AU$0.00 | x |
| 2024-06-30 | AU$0.01 | AU$0.00 | x |
| 2025-06-30 | AU$0.00 | AU$0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Prominence Energy Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -80.36%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -19400666.67%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.09x
- Recent ROE (-80.36%) is above the historical average (-16342.93%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1989 | -70.11% | 0.00% | 0.00x | 1.00x | AU$-2.29 Million |
| 1990 | -58.73% | 0.00% | 0.00x | 1.01x | AU$-2.97 Million |
| 1991 | -71.45% | 0.00% | 0.00x | 3.09x | AU$-2.06 Million |
| 1992 | -1381.87% | 0.00% | 0.00x | 4.05x | AU$-2.69 Million |
| 1993 | -1275.81% | 0.00% | 0.00x | 2.97x | AU$-797.20K |
| 1994 | -15.24% | 0.00% | 0.00x | 1.01x | AU$-702.20K |
| 1995 | -20.12% | 0.00% | 0.00x | 1.00x | AU$-928.10K |
| 1996 | -3.12% | 0.00% | 0.00x | 1.00x | AU$-672.11K |
| 1997 | -8.28% | 0.00% | 0.00x | 1.01x | AU$-865.21K |
| 1998 | -13.90% | 0.00% | 0.00x | 1.00x | AU$-1.73 Million |
| 1999 | -32.73% | 0.00% | 0.00x | 1.00x | AU$-2.98 Million |
| 2000 | -122.01% | 0.00% | 0.00x | 1.00x | AU$-4.84 Million |
| 2001 | -16.61% | 0.00% | 0.00x | 1.00x | AU$-1.40 Million |
| 2002 | 30.04% | 0.00% | 0.00x | 1.04x | AU$1.54 Million |
| 2003 | 70.83% | 4673.40% | 0.02x | 1.00x | AU$8.10 Million |
| 2004 | -18.05% | -106298.80% | 0.00x | 1.00x | AU$-3.17 Million |
| 2005 | -4.98% | -396.00% | 0.01x | 1.00x | AU$-2.07 Million |
| 2006 | -3.20% | -41.22% | 0.08x | 1.00x | AU$-2.55 Million |
| 2007 | -16.43% | -290.57% | 0.06x | 1.03x | AU$-4.86 Million |
| 2008 | -34.57% | -351.65% | 0.10x | 1.01x | AU$-7.44 Million |
| 2009 | -16.86% | -136.34% | 0.10x | 1.25x | AU$-4.39 Million |
| 2010 | -54.17% | -1031.54% | 0.04x | 1.28x | AU$-7.81 Million |
| 2011 | -99.04% | -3346.41% | 0.03x | 1.01x | AU$-9.53 Million |
| 2012 | -24.29% | -10788.52% | 0.00x | 1.01x | AU$-6.24 Million |
| 2013 | -17.93% | -3420.48% | 0.00x | 1.11x | AU$-15.96 Million |
| 2014 | -56744.64% | -4788.23% | 10.69x | 1.11x | AU$-27.85 Million |
| 2015 | -544059.64% | -66015.76% | 5.54x | 1.49x | AU$-56.99 Million |
| 2016 | 0.00% | -12464.18% | 83.05x | 0.00x | AU$-13.96 Million |
| 2017 | 0.00% | -3788.30% | 231.47x | 0.00x | AU$-3.46 Million |
| 2018 | 0.00% | -2896.90% | 29.84x | 0.00x | AU$-812.73K |
| 2019 | 0.00% | -1391.48% | 0.09x | 0.00x | AU$-866.18K |
| 2020 | 0.00% | -2889.01% | 0.03x | 0.00x | AU$-815.54K |
| 2021 | 41.93% | 2872.60% | 0.01x | 1.44x | AU$918.11K |
| 2022 | -126.22% | -4859.41% | 0.02x | 1.10x | AU$-11.56 Million |
| 2023 | -13.03% | -3988.96% | 0.00x | 1.08x | AU$-1.73 Million |
| 2024 | -427.98% | -1119.24% | 0.30x | 1.28x | AU$-8.02 Million |
| 2025 | -80.36% | -19400666.67% | 0.00x | 1.09x | AU$-1.31 Million |
Industry Comparison
This section compares Prominence 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 |
|---|---|---|---|---|
| Prominence Energy Ltd (PRM) | AU$1.45 Million | -70.11% | 0.09x | $1.10 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 |