Xstate Resources Ltd (XST) - Net Assets
Based on the latest financial reports, Xstate Resources Ltd (XST) has net assets worth AU$2.63 Million AUD (≈ $1.86 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$3.13 Million ≈ $2.22 Million USD) and total liabilities (AU$504.11K ≈ $356.69K 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 how resilient are Xstate Resources Ltd's assets to evaluate the company's liquid asset resilience ratio.
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. Also explore how large is Xstate Resources Ltd's balance sheet for the complete picture of this company's asset base.
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. For live valuation and market cap data, see Xstate Resources Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | AU$3.40 Million ≈ $2.41 Million |
+54.85% |
| 2023-12-31 | AU$2.20 Million ≈ $1.55 Million |
+214.37% |
| 2022-12-31 | AU$698.84K ≈ $494.48K |
-81.83% |
| 2021-12-31 | AU$3.85 Million ≈ $2.72 Million |
+446.06% |
| 2020-12-31 | AU$704.30K ≈ $498.34K |
+769.56% |
| 2019-12-31 | AU$-105.19K ≈ $-74.43K |
-288.09% |
| 2018-12-31 | AU$55.92K ≈ $39.57K |
-83.56% |
| 2017-12-31 | AU$340.14K ≈ $240.67K |
-83.30% |
| 2016-12-31 | AU$2.04 Million ≈ $1.44 Million |
+2662.70% |
| 2015-12-31 | AU$-79.48K ≈ $-56.24K |
-106.19% |
| 2014-12-31 | AU$1.28 Million ≈ $908.87K |
+371.20% |
| 2013-12-31 | AU$272.61K ≈ $192.89K |
-64.09% |
| 2012-12-31 | AU$759.17K ≈ $537.16K |
-92.44% |
| 2011-12-31 | AU$10.04 Million ≈ $7.10 Million |
+14.88% |
| 2010-12-31 | AU$8.74 Million ≈ $6.18 Million |
+194.40% |
| 2009-12-31 | AU$2.97 Million ≈ $2.10 Million |
-10.99% |
| 2008-12-31 | AU$3.34 Million ≈ $2.36 Million |
-46.10% |
| 2007-12-31 | AU$6.19 Million ≈ $4.38 Million |
+0.32% |
| 2006-12-31 | AU$6.17 Million ≈ $4.36 Million |
+1273.93% |
| 2005-12-31 | AU$-525.45K ≈ $-371.79K |
+13.34% |
| 2004-12-31 | AU$-606.34K ≈ $-429.02K |
-10.22% |
| 2003-12-31 | AU$-550.13K ≈ $-389.25K |
-38.68% |
| 2002-12-31 | AU$-396.69K ≈ $-280.68K |
-31.92% |
| 2001-12-31 | AU$-300.71K ≈ $-212.77K |
-120.66% |
| 2000-12-31 | AU$-136.28K ≈ $-96.43K |
-461.16% |
| 1999-12-31 | AU$37.73K ≈ $26.70K |
-65.03% |
| 1998-12-31 | AU$107.92K ≈ $76.36K |
-99.71% |
| 1997-12-31 | AU$37.64 Million ≈ $26.64 Million |
+4554.87% |
| 1994-12-31 | AU$-845.00K ≈ $-597.89K |
-7.64% |
| 1993-12-31 | AU$-785.00K ≈ $-555.44K |
-27.85% |
| 1992-12-31 | AU$-614.00K ≈ $-434.44K |
+7.95% |
| 1991-12-31 | AU$-667.00K ≈ $-471.94K |
-195.13% |
| 1990-12-31 | AU$-226.00K ≈ $-159.91K |
-105.13% |
| 1989-12-31 | AU$4.41 Million ≈ $3.12 Million |
-10.92% |
| 1988-12-31 | AU$4.95 Million ≈ $3.50 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 |
|---|---|
|
National Plastic Co Ltd Preferred
KO:004255
|
$8.49 Million |
|
CKH Food & Health Limited
KQ:900120
|
$8.49 Million |
|
Lianhua Supermarket Holdings Co. Ltd
F:LSJ
|
$8.49 Million |
|
NSN Co. Ltd
KQ:031860
|
$8.50 Million |
|
Alliance Developpement Capital SIIC SE
PA:ALDV
|
$8.49 Million |
|
Morien Resources Corp
V:MOX
|
$8.49 Million |
|
NORDIC TECH.GRP.NK-00423
F:UA5
|
$8.49 Million |
|
Media Lab SpA
PA:MLLAB
|
$8.48 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: 2.65x
- 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 2.65x 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$0.03 | x |
| 1989-12-31 | AU$14.93 | AU$0.03 | x |
| 1990-12-31 | AU$-0.77 | AU$0.03 | x |
| 1991-12-31 | AU$-2.26 | AU$0.03 | x |
| 1992-12-31 | AU$-2.08 | AU$0.03 | x |
| 1993-12-31 | AU$-2.66 | AU$0.03 | x |
| 1994-12-31 | AU$-2.72 | AU$0.03 | x |
| 1997-12-31 | AU$74.00 | AU$0.03 | x |
| 1998-12-31 | AU$-4.04 | AU$0.03 | x |
| 1999-12-31 | AU$-4.17 | AU$0.03 | x |
| 2000-12-31 | AU$-0.53 | AU$0.03 | x |
| 2001-12-31 | AU$-1.71 | AU$0.03 | x |
| 2002-12-31 | AU$-2.24 | AU$0.03 | x |
| 2003-12-31 | AU$-2.73 | AU$0.03 | x |
| 2004-12-31 | AU$-3.01 | AU$0.03 | x |
| 2005-12-31 | AU$-2.20 | AU$0.03 | x |
| 2006-12-31 | AU$9.07 | AU$0.03 | x |
| 2007-12-31 | AU$2.87 | AU$0.03 | x |
| 2008-12-31 | AU$1.55 | AU$0.03 | x |
| 2009-12-31 | AU$1.38 | AU$0.03 | x |
| 2010-12-31 | AU$2.70 | AU$0.03 | x |
| 2011-12-31 | AU$1.29 | AU$0.03 | x |
| 2012-12-31 | AU$0.08 | AU$0.03 | x |
| 2013-12-31 | AU$0.02 | AU$0.03 | x |
| 2014-12-31 | AU$0.07 | AU$0.03 | x |
| 2015-12-31 | AU$0.00 | AU$0.03 | x |
| 2016-12-31 | AU$0.04 | AU$0.03 | x |
| 2017-12-31 | AU$0.00 | AU$0.03 | x |
| 2018-12-31 | AU$0.00 | AU$0.03 | x |
| 2019-12-31 | AU$0.00 | AU$0.03 | x |
| 2020-12-31 | AU$0.00 | AU$0.03 | x |
| 2021-12-31 | AU$0.01 | AU$0.03 | x |
| 2022-12-31 | AU$0.00 | AU$0.03 | x |
| 2023-12-31 | AU$0.01 | AU$0.03 | x |
| 2024-12-31 | AU$0.01 | AU$0.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Xstate Resources Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 34.81%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 191.48%
- • Asset Turnover: 0.14x
- • Equity Multiplier: 1.33x
- Recent ROE (34.81%) is above the historical average (-210.25%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | -1.29% | 0.00% | 0.00x | 1.15x | AU$-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: $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 |
|---|---|---|---|---|
| Xstate Resources Ltd (XST) | AU$2.63 Million | -1.29% | 0.19x | $8.49 Million |
| 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 Xstate Resources Ltd
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