Winchester Energy Ltd (WEL) - Net Assets
Based on the latest financial reports, Winchester Energy Ltd (WEL) has net assets worth AU$5.31 Million AUD (≈ $3.75 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$6.44 Million ≈ $4.56 Million USD) and total liabilities (AU$1.14 Million ≈ $803.98K 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 Winchester Energy Ltd (WEL) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$5.31 Million |
| % of Total Assets | 82.36% |
| Annual Growth Rate | -12.68% |
| 5-Year Change | -21.55% |
| 10-Year Change | -70.83% |
| Growth Volatility | 50.58 |
Winchester Energy Ltd - Net Assets Trend (2014–2024)
This chart illustrates how Winchester Energy Ltd's net assets have evolved over time, based on quarterly financial data. Also explore how large is Winchester Energy Ltd's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Winchester Energy Ltd (2014–2024)
The table below shows the annual net assets of Winchester Energy Ltd from 2014 to 2024. For live valuation and market cap data, see Winchester Energy Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | AU$5.84 Million ≈ $4.14 Million |
-11.67% |
| 2023-12-31 | AU$6.62 Million ≈ $4.68 Million |
-27.21% |
| 2022-12-31 | AU$9.09 Million ≈ $6.43 Million |
-4.73% |
| 2021-12-31 | AU$9.54 Million ≈ $6.75 Million |
+28.06% |
| 2020-12-31 | AU$7.45 Million ≈ $5.27 Million |
-31.13% |
| 2019-12-31 | AU$10.82 Million ≈ $7.65 Million |
+129.72% |
| 2018-12-31 | AU$4.71 Million ≈ $3.33 Million |
-76.97% |
| 2017-12-31 | AU$20.45 Million ≈ $14.47 Million |
+5.89% |
| 2016-12-31 | AU$19.31 Million ≈ $13.67 Million |
-3.62% |
| 2015-12-31 | AU$20.04 Million ≈ $14.18 Million |
-11.64% |
| 2014-12-31 | AU$22.68 Million ≈ $16.05 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Winchester 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 3359391100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$41.08 Million | 702.77% |
| Other Comprehensive Income | AU$65.10K | 1.11% |
| Total Equity | AU$5.84 Million | 100.00% |
Winchester Energy Ltd Competitors by Market Cap
The table below lists competitors of Winchester Energy Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Reach PLC
LSE:RCH
|
$2.23 Million |
|
Augmentum Fintech PLC
LSE:AUGM
|
$2.23 Million |
|
Can B Corp
NASDAQ:CANB
|
$2.23 Million |
|
Webac Holding AG
F:RKB
|
$2.23 Million |
|
Rakovina Therapeutics Inc
V:RKV
|
$2.22 Million |
|
Cyanotech Corporation
NASDAQ:CYAN
|
$2.22 Million |
|
Playfair Mining Ltd.
V:PLY
|
$2.22 Million |
|
Baronsmead Second Venture Trust Plc
LSE:BMD
|
$2.21 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Winchester Energy Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,616,893 to 5,844,775, a change of -772,118 (-11.7%).
- Net loss of 1,330,379 reduced equity.
- Share repurchases of 48,726 reduced equity.
- New share issuances of 686,328 increased equity.
- Other comprehensive income decreased equity by 79,015.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-1.33 Million | -22.76% |
| Share Repurchases | AU$48.73K | -0.83% |
| Share Issuances | AU$686.33K | +11.74% |
| Other Comprehensive Income | AU$-79.02K | -1.35% |
| Other Changes | AU$-326.00 | -0.01% |
| Total Change | AU$- | -11.67% |
Book Value vs Market Value Analysis
This analysis compares Winchester 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: 0.41x
- 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 0.02x to 0.41x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | AU$0.09 | AU$0.00 | x |
| 2016-12-31 | AU$0.08 | AU$0.00 | x |
| 2017-12-31 | AU$0.08 | AU$0.00 | x |
| 2018-12-31 | AU$0.02 | AU$0.00 | x |
| 2019-12-31 | AU$0.02 | AU$0.00 | x |
| 2020-12-31 | AU$0.01 | AU$0.00 | x |
| 2021-12-31 | AU$0.01 | AU$0.00 | x |
| 2022-12-31 | AU$0.01 | AU$0.00 | x |
| 2023-12-31 | AU$0.01 | AU$0.00 | x |
| 2024-12-31 | AU$0.00 | AU$0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Winchester Energy Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -22.76%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -72.02%
- • Asset Turnover: 0.26x
- • Equity Multiplier: 1.22x
- Recent ROE (-22.76%) is above the historical average (-47.80%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -10.00% | 0.00% | 0.00x | 1.02x | AU$-4.54 Million |
| 2015 | -5.45% | -257.94% | 0.02x | 1.01x | AU$-3.10 Million |
| 2016 | -4.06% | -38.17% | 0.10x | 1.02x | AU$-2.72 Million |
| 2017 | -21.58% | -203.64% | 0.10x | 1.07x | AU$-6.46 Million |
| 2018 | -334.40% | -1319.79% | 0.22x | 1.16x | AU$-16.22 Million |
| 2019 | -21.02% | -82.47% | 0.21x | 1.19x | AU$-3.36 Million |
| 2020 | -46.22% | -154.80% | 0.27x | 1.09x | AU$-4.19 Million |
| 2021 | -15.21% | -34.94% | 0.40x | 1.08x | AU$-2.41 Million |
| 2022 | -6.32% | -10.17% | 0.55x | 1.12x | AU$-1.48 Million |
| 2023 | -38.76% | -82.15% | 0.39x | 1.21x | AU$-3.23 Million |
| 2024 | -22.76% | -72.02% | 0.26x | 1.22x | AU$-1.91 Million |
Industry Comparison
This section compares Winchester 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: $340,368,826
- Average return on equity (ROE) among peers: -75.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Winchester Energy Ltd (WEL) | AU$5.31 Million | -10.00% | 0.21x | $2.22 Million |
| 88 Energy Ltd (88E) | $2.24 Million | -13.72% | 0.01x | $18.83 Million |
| ADX Energy Ltd (ADX) | $14.79 Million | -79.72% | 1.96x | $18.35 Million |
| Australis Oil & Gas Ltd (ATS) | $33.91 Million | -6.74% | 0.04x | $19.65 Million |
| Bass Oil Ltd (BAS) | $5.87 Million | -11.90% | 0.04x | $12.88 Million |
| Blue Energy Ltd (BLU) | $42.22 Million | -30.79% | 0.17x | $10.66 Million |
| Blue Star Helium Ltd (BNL) | $78.13 Million | -10.15% | 0.88x | $21.78 Million |
| Beach Energy Ltd (BPT) | $3.16 Billion | -1.39% | 0.67x | $1.85 Billion |
| Brookside Energy Ltd (BRK) | $9.09 Million | -2.82% | 0.09x | $38.87 Million |
| Buru Energy Ltd (BRU) | $56.22 Million | -60.45% | 0.30x | $10.64 Million |
| Beetaloo Energy Australia Limited (BTL) | $1.32 Million | -533.33% | 0.31x | $264.78 Million |
About Winchester Energy Ltd
Winchester Energy Limited, together with its subsidiaries, acquisition, exploration, and development of oil and gas leases in the United States. Winchester Energy Limited was incorporated in 2014 and is based in Perth, Australia.