Xstate Resources Ltd

AU:XST Australia Oil & Gas E&P
Market Cap
$5.31 Million
AU$8.57 Million AUD
Market Cap Rank
#35206 Global
#1310 in Australia
Share Price
AU$0.02
Change (1 day)
-9.09%
52-Week Range
AU$0.01 - AU$0.06
All Time High
AU$0.27
Categories
Companies in Australia Oil & Gas E&P
About

Xstate Resources Limited, together with its subsidiaries, engages in oil and natural gas exploration and production business in the United States, Austria, and Canada. The company holds 20% working interest in Anshof-3 in Austria; 33.33% working interest in Borba Natural Gas Drilling in California; and various working interests between 10% and 30% in oil and gas leases in Sacramento Basin, Califo… Read more

Xstate Resources Ltd (XST) - Net Assets

Latest net assets as of June 2025: AU$2.63 Million AUD

Based on the latest financial reports, Xstate Resources Ltd (XST) has net assets worth AU$2.63 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$3.13 Million) and total liabilities (AU$504.11K). 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$2.63 Million
% of Total Assets 83.92%
Annual Growth Rate -1.03%
5-Year Change 383.04%
10-Year Change N/A
Growth Volatility 193.61

Xstate Resources Ltd - Net Assets Trend (1988–2024)

This chart illustrates how Xstate Resources 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 Xstate Resources Ltd (1988–2024)

The table below shows the annual net assets of Xstate Resources Ltd from 1988 to 2024.

Year Net Assets Change
2024-12-31 AU$3.40 Million +54.85%
2023-12-31 AU$2.20 Million +214.37%
2022-12-31 AU$698.84K -81.83%
2021-12-31 AU$3.85 Million +446.06%
2020-12-31 AU$704.30K +769.56%
2019-12-31 AU$-105.19K -288.09%
2018-12-31 AU$55.92K -83.56%
2017-12-31 AU$340.14K -83.30%
2016-12-31 AU$2.04 Million +2662.70%
2015-12-31 AU$-79.48K -106.19%
2014-12-31 AU$1.28 Million +371.20%
2013-12-31 AU$272.61K -64.09%
2012-12-31 AU$759.17K -92.44%
2011-12-31 AU$10.04 Million +14.88%
2010-12-31 AU$8.74 Million +194.40%
2009-12-31 AU$2.97 Million -10.99%
2008-12-31 AU$3.34 Million -46.10%
2007-12-31 AU$6.19 Million +0.32%
2006-12-31 AU$6.17 Million +1273.93%
2005-12-31 AU$-525.45K +13.34%
2004-12-31 AU$-606.34K -10.22%
2003-12-31 AU$-550.13K -38.68%
2002-12-31 AU$-396.69K -31.92%
2001-12-31 AU$-300.71K -120.66%
2000-12-31 AU$-136.28K -461.16%
1999-12-31 AU$37.73K -65.03%
1998-12-31 AU$107.92K -99.71%
1997-12-31 AU$37.64 Million +4554.87%
1994-12-31 AU$-845.00K -7.64%
1993-12-31 AU$-785.00K -27.85%
1992-12-31 AU$-614.00K +7.95%
1991-12-31 AU$-667.00K -195.13%
1990-12-31 AU$-226.00K -105.13%
1989-12-31 AU$4.41 Million -10.92%
1988-12-31 AU$4.95 Million --

Equity Component Analysis

This analysis shows how different components contribute to Xstate Resources 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 5447067800.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock AU$58.08 Million 1707.32%
Other Comprehensive Income AU$365.90K 10.76%
Total Equity AU$3.40 Million 100.00%

Xstate Resources Ltd Competitors by Market Cap

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

Company Market Cap
Falmaco Nonwoven Industri PT Tbk
JK:FLMC
 		$1.42 Million
Ethema Health Corp
PINK:GRST
 		$1.42 Million
Emmerson Resources Limited
PINK:EMMRF
 		$1.42 Million
Hod Assaf Industries Ltd
TA:HOD
 		$1.42 Million
BEL FUSE-B
BE:BF2B
 		$1.42 Million
Grande Armee Investissement SA
PA:MLGAI
 		$1.42 Million
Axiom Properties Ltd
AU:AXI
 		$1.42 Million
SC Estate Builder Bhd
KLSE:0109
 		$1.42 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 2,196,930 to 3,402,052, a change of 1,205,122 (54.9%).
  • Net income of 1,184,085 contributed positively to equity growth.
  • Other comprehensive income decreased equity by 246,921.
  • Other factors increased equity by 267,958.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income AU$1.18 Million +34.81%
Other Comprehensive Income AU$-246.92K -7.26%
Other Changes AU$267.96K +7.88%
Total Change AU$- 54.85%

Book Value vs Market Value Analysis

This analysis compares Xstate Resources 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: 1.89x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has increased from 0.00x to 1.89x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1988-12-31 AU$16.76 AU$0.02 x
1989-12-31 AU$14.93 AU$0.02 x
1990-12-31 AU$-0.77 AU$0.02 x
1991-12-31 AU$-2.26 AU$0.02 x
1992-12-31 AU$-2.08 AU$0.02 x
1993-12-31 AU$-2.66 AU$0.02 x
1994-12-31 AU$-2.72 AU$0.02 x
1997-12-31 AU$74.00 AU$0.02 x
1998-12-31 AU$-4.04 AU$0.02 x
1999-12-31 AU$-4.17 AU$0.02 x
2000-12-31 AU$-0.53 AU$0.02 x
2001-12-31 AU$-1.71 AU$0.02 x
2002-12-31 AU$-2.24 AU$0.02 x
2003-12-31 AU$-2.73 AU$0.02 x
2004-12-31 AU$-3.01 AU$0.02 x
2005-12-31 AU$-2.20 AU$0.02 x
2006-12-31 AU$9.07 AU$0.02 x
2007-12-31 AU$2.87 AU$0.02 x
2008-12-31 AU$1.55 AU$0.02 x
2009-12-31 AU$1.38 AU$0.02 x
2010-12-31 AU$2.70 AU$0.02 x
2011-12-31 AU$1.29 AU$0.02 x
2012-12-31 AU$0.08 AU$0.02 x
2013-12-31 AU$0.02 AU$0.02 x
2014-12-31 AU$0.07 AU$0.02 x
2015-12-31 AU$0.00 AU$0.02 x
2016-12-31 AU$0.04 AU$0.02 x
2017-12-31 AU$0.00 AU$0.02 x
2018-12-31 AU$0.00 AU$0.02 x
2019-12-31 AU$0.00 AU$0.02 x
2020-12-31 AU$0.00 AU$0.02 x
2021-12-31 AU$0.01 AU$0.02 x
2022-12-31 AU$0.00 AU$0.02 x
2023-12-31 AU$0.01 AU$0.02 x
2024-12-31 AU$0.01 AU$0.02 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Xstate Resources 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): 34.81%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 191.48%
  • • Asset Turnover: 0.14x
  • • Equity Multiplier: 1.33x
  • Recent ROE (34.81%) is above the historical average (-210.25%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1997 -1.29% 0.00% 0.00x 1.15x AU$-3.96 Million
1998 0.00% 12.21% 0.69x 0.00x AU$756.33K
1999 0.00% -8770.65% 0.00x 0.00x AU$-179.39K
2000 0.00% 0.00% 0.00x 0.00x AU$6.32 Million
2001 0.00% 0.00% 0.00x 0.00x AU$-134.36K
2002 0.00% 0.00% 0.00x 0.00x AU$-123.31K
2003 0.00% 0.00% 0.00x 0.00x AU$-98.43K
2004 0.00% -700.00% 0.65x 0.00x AU$4.63K
2005 0.00% 0.00% 0.00x 0.00x AU$-5.66K
2006 -3.95% -7285.90% 0.00x 1.02x AU$-860.19K
2007 -6.50% 0.00% 0.00x 1.01x AU$-1.02 Million
2008 -59.24% 0.00% 0.00x 1.01x AU$-2.31 Million
2009 -12.55% 0.00% 0.00x 1.03x AU$-669.51K
2010 -13.06% 0.00% 0.00x 1.01x AU$-2.02 Million
2011 -17.54% 0.00% 0.00x 1.01x AU$-2.76 Million
2012 -1222.54% 0.00% 0.00x 1.62x AU$-9.36 Million
2013 -502.19% 0.00% 0.00x 1.29x AU$-1.40 Million
2014 -120.00% -1428.80% 0.07x 1.15x AU$-1.67 Million
2015 0.00% -2928.26% 0.28x 0.00x AU$-1.52 Million
2016 -50.87% -5352.41% 0.01x 1.11x AU$-1.24 Million
2017 -975.05% -3694.47% 0.13x 2.07x AU$-3.35 Million
2018 -2289.99% -976.33% 0.11x 21.34x AU$-1.29 Million
2019 0.00% -1025.32% 0.12x 0.00x AU$-691.08K
2020 -92.64% -1072.85% 0.06x 1.55x AU$-722.86K
2021 -120.74% -55.12% 0.21x 10.50x AU$-5.03 Million
2022 -497.55% -17.91% 0.61x 45.53x AU$-3.55 Million
2023 63.76% 17.93% 0.61x 5.80x AU$1.18 Million
2024 34.81% 191.48% 0.14x 1.33x AU$843.88K

Industry Comparison

This section compares Xstate Resources 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
Xstate Resources Ltd (XST) AU$2.63 Million -1.29% 0.19x $1.42 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