6L00
Rubellite Energy Corp., an energy company, engages in the exploration, development, production, and marketing of heavy crude oil, natural gas, and bitumen assets in Alberta, Canada. Rubellite Energy Corp. was incorporated in 2021 and is headquartered in Calgary, Canada.
6L00 (6L00) - Net Assets
Latest net assets as of September 2025: €334.03 Million EUR
Based on the latest financial reports, 6L00 (6L00) has net assets worth €334.03 Million EUR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€558.71 Million) and total liabilities (€224.68 Million). 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 | €334.03 Million |
| % of Total Assets | 59.79% |
| Annual Growth Rate | 48.06% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 17.76 |
6L00 - Net Assets Trend (2021–2024)
This chart illustrates how 6L00's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for 6L00 (2021–2024)
The table below shows the annual net assets of 6L00 from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €310.02 Million | +55.54% |
| 2023-12-31 | €199.31 Million | +24.96% |
| 2022-12-31 | €159.50 Million | +67.04% |
| 2021-12-31 | €95.48 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to 6L00'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 grown by 1209.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €100.84 Million | 32.53% |
| Other Components | €209.18 Million | 67.47% |
| Total Equity | €310.02 Million | 100.00% |
6L00 Competitors by Market Cap
The table below lists competitors of 6L00 ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
RYVU THERAPEUTICS ZY-40
F:9Y4
|
$100.37 Million |
|
APATOR B ZY 010
F:8QM
|
$100.43 Million |
|
Central China Management Company Limited
PINK:CCHMF
|
$100.45 Million |
|
Cango Inc
NYSE:CANG
|
$100.46 Million |
|
Ramky Infrastructure Limited
NSE:RAMKY
|
$100.34 Million |
|
Netcall plc
PINK:NCLLF
|
$100.27 Million |
|
SANGOMA TEC.
F:54GA
|
$100.27 Million |
|
VICTORIAN P.G. LS -001
F:637
|
$100.26 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in 6L00's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 199,311,000 to 310,017,000, a change of 110,706,000 (55.5%).
- Net income of 49,973,000 contributed positively to equity growth.
- Share repurchases of 624,000 reduced equity.
- Other factors increased equity by 61,357,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €49.97 Million | +16.12% |
| Share Repurchases | €624.00K | -0.2% |
| Other Changes | €61.36 Million | +19.79% |
| Total Change | €- | 55.54% |
Book Value vs Market Value Analysis
This analysis compares 6L00'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: 0.57x
- 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 decreased from 0.88x to 0.57x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | €2.18 | €1.91 | x |
| 2022-12-31 | €2.91 | €1.91 | x |
| 2023-12-31 | €3.19 | €1.91 | x |
| 2024-12-31 | €3.34 | €1.91 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently 6L00 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): 16.12%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 29.68%
- • Asset Turnover: 0.30x
- • Equity Multiplier: 1.81x
- Recent ROE (16.12%) is above the historical average (12.23%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 8.07% | 156.45% | 0.04x | 1.21x | €-1.85 Million |
| 2022 | 15.43% | 45.15% | 0.27x | 1.28x | €8.66 Million |
| 2023 | 9.31% | 20.86% | 0.33x | 1.36x | €-1.37 Million |
| 2024 | 16.12% | 29.68% | 0.30x | 1.81x | €18.97 Million |
Industry Comparison
This section compares 6L00'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: $503,857,170
- Average return on equity (ROE) among peers: -43.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| 6L00 (6L00) | €334.03 Million | 8.07% | 0.67x | $100.36 Million |
| East West Minerals Ltd. (37A0) | $4.19 Million | -48.71% | 0.37x | $768.36K |
| Talos Energy Inc (7T2) | $1.08 Billion | 5.45% | 1.40x | $1.38 Billion |
| Texas Pacific Land Corporation (9WY) | $772.89 Million | 57.75% | 0.14x | $9.06 Billion |
| WINDSTREAM HLDGS (B4O) | $617.33K | -415.93% | 11.47x | $33.10K |
| Beach Energy Limited (BPS) | $1.87 Billion | 5.44% | 0.38x | $1.18 Billion |
| Deutsche Rohstoff AG (DR0) | $2.20 Million | -22.38% | 0.07x | $33.50 Million |
| PetroNor E&P ASA (FQ00) | $220.88 Million | 15.23% | 0.36x | $51.67 Million |
| Lycos Energy Inc. (G4P0) | $-241.69K | 0.00% | 0.00x | $21.21 Million |
| PT Energi Mega Persada Tbk (HFK) | $585.11 Million | 11.70% | 1.34x | $17.68 Million |