IPC
Pine Cliff Energy Ltd. engages in the acquisition, exploration, development, and production of natural gas and crude oil in the Western Canadian Sedimentary Basin. It primarily holds interest in oil and gas properties in the Sundre, Viking, and Ghost Pine area of Central Alberta, as well as in the Southern Alberta, Southern Saskatchewan, and Edson areas. The company was incorporated in 2004 and i… Read more
IPC (IPC) - Net Assets
Latest net assets as of September 2025: €32.52 Million EUR
Based on the latest financial reports, IPC (IPC) has net assets worth €32.52 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 (€338.68 Million) and total liabilities (€306.16 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 | €32.52 Million |
| % of Total Assets | 9.6% |
| Annual Growth Rate | 6.15% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 108.69 |
IPC - Net Assets Trend (2021–2024)
This chart illustrates how IPC's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for IPC (2021–2024)
The table below shows the annual net assets of IPC from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €54.32 Million | -45.64% |
| 2023-12-31 | €99.93 Million | -25.28% |
| 2022-12-31 | €133.73 Million | +194.44% |
| 2021-12-31 | €45.42 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to IPC'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 14300000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €300.15 Million | 552.53% |
| Total Equity | €54.32 Million | 100.00% |
IPC Competitors by Market Cap
The table below lists competitors of IPC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Taiwan Styrene Monomer Corp
TW:1310
|
$136.89 Million |
|
Southern Hydropower JSC
VN:SHP
|
$136.96 Million |
|
MINMETALS LAND LTD HD-10
F:ONF
|
$136.99 Million |
|
Everspin Technologies Inc
NASDAQ:MRAM
|
$137.02 Million |
|
KIP Real Estate Investment Trust
KLSE:5280
|
$136.63 Million |
|
TARC Limited
NSE:TARC
|
$136.62 Million |
|
Panin Financial Tbk
JK:PNLF
|
$136.61 Million |
|
FIRST INTERN.BANCO.DL-01
F:45H
|
$136.53 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in IPC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 99,928,000 to 54,324,000, a change of -45,604,000 (-45.6%).
- Net loss of 21,446,000 reduced equity.
- Dividend payments of 25,597,000 reduced retained earnings.
- Other factors increased equity by 1,439,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-21.45 Million | -39.48% |
| Dividends Paid | €25.60 Million | -47.12% |
| Other Changes | €1.44 Million | +2.65% |
| Total Change | €- | -45.64% |
Book Value vs Market Value Analysis
This analysis compares IPC'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: 2.86x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 3.24x to 2.86x 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 | €0.13 | €0.43 | x |
| 2022-12-31 | €0.38 | €0.43 | x |
| 2023-12-31 | €0.28 | €0.43 | x |
| 2024-12-31 | €0.15 | €0.43 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently IPC 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): -39.48%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -10.96%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 7.02x
- Recent ROE (-39.48%) is below the historical average (57.60%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 179.27% | 48.55% | 0.44x | 8.34x | €76.88 Million |
| 2022 | 81.46% | 35.14% | 0.83x | 2.80x | €95.57 Million |
| 2023 | 9.13% | 4.70% | 0.41x | 4.77x | €-871.80K |
| 2024 | -39.48% | -10.96% | 0.51x | 7.02x | €-26.88 Million |
Industry Comparison
This section compares IPC'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: $473,402,553
- Average return on equity (ROE) among peers: -38.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| IPC (IPC) | €32.52 Million | 179.27% | 9.42x | $136.87 Million |
| East West Minerals Ltd. (37A0) | $4.19 Million | -48.71% | 0.37x | $768.36K |
| 6L00 (6L00) | $199.31 Million | 9.31% | 0.36x | $100.36 Million |
| 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 |