Gulf Keystone Petroleum Ltd (GKP) - Net Assets
Based on the latest financial reports, Gulf Keystone Petroleum Ltd (GKP) has net assets worth GBX480.48 Million GBX (≈ $58.46K USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX630.17 Million ≈ $76.67K USD) and total liabilities (GBX149.70 Million ≈ $18.21K 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 GKP asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX480.48 Million |
| % of Total Assets | 76.25% |
| Annual Growth Rate | 17.01% |
| 5-Year Change | 12.84% |
| 10-Year Change | 108.56% |
| Growth Volatility | 123.2 |
Gulf Keystone Petroleum Ltd - Net Assets Trend (2003–2024)
This chart illustrates how Gulf Keystone Petroleum Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Gulf Keystone Petroleum Ltd balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Gulf Keystone Petroleum Ltd (2003–2024)
The table below shows the annual net assets of Gulf Keystone Petroleum Ltd from 2003 to 2024. For live valuation and market cap data, see Gulf Keystone Petroleum Ltd (GKP) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | GBX512.33 Million ≈ $62.34K |
-6.38% |
| 2023-12-31 | GBX547.24 Million ≈ $66.58K |
-4.48% |
| 2022-12-31 | GBX572.92 Million ≈ $69.71K |
+9.82% |
| 2021-12-31 | GBX521.70 Million ≈ $63.48K |
+14.91% |
| 2020-12-31 | GBX454.02 Million ≈ $55.24K |
-12.67% |
| 2019-12-31 | GBX519.92 Million ≈ $63.26K |
-5.95% |
| 2018-12-31 | GBX552.82 Million ≈ $67.26K |
+17.15% |
| 2017-12-31 | GBX471.89 Million ≈ $57.41K |
+3.99% |
| 2016-12-31 | GBX453.77 Million ≈ $55.21K |
+84.72% |
| 2015-12-31 | GBX245.65 Million ≈ $29.89K |
-27.67% |
| 2014-12-31 | GBX339.61 Million ≈ $41.32K |
-39.61% |
| 2013-12-31 | GBX562.37 Million ≈ $68.42K |
-2.65% |
| 2012-12-31 | GBX577.69 Million ≈ $70.29K |
-4.68% |
| 2011-12-31 | GBX606.07 Million ≈ $73.74K |
+41.99% |
| 2010-12-31 | GBX426.84 Million ≈ $51.93K |
+517.76% |
| 2009-12-31 | GBX69.09 Million ≈ $8.41K |
-43.55% |
| 2008-12-31 | GBX122.40 Million ≈ $14.89K |
-8.65% |
| 2007-12-31 | GBX133.99 Million ≈ $16.30K |
-17.97% |
| 2006-12-31 | GBX163.35 Million ≈ $19.88K |
+81.37% |
| 2005-12-31 | GBX90.07 Million ≈ $10.96K |
+33.44% |
| 2004-12-31 | GBX67.50 Million ≈ $8.21K |
+256.81% |
| 2003-12-31 | GBX18.92 Million ≈ $2.30K |
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Equity Component Analysis
This analysis shows how different components contribute to Gulf Keystone Petroleum 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 15880000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | GBX217.00 Million | 42.36% |
| Other Comprehensive Income | GBX-4.28 Million | -0.84% |
| Other Components | GBX463.98 Million | 90.56% |
| Total Equity | GBX512.33 Million | 100.00% |
Gulf Keystone Petroleum Ltd Competitors by Market Cap
The table below lists competitors of Gulf Keystone Petroleum Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
LUPAKA GOLD CORP.
F:LQPA
|
$5.11 Million |
|
BCM Alliance Bhd
KLSE:0187
|
$5.11 Million |
|
Mantle Minerals Ltd
AU:MTL
|
$5.12 Million |
|
Auction Technology Group PLC
LSE:ATG
|
$5.12 Million |
|
ADCORE INC. O.N.
F:ADQ
|
$5.10 Million |
|
Custodian REIT PLC
LSE:CREI
|
$5.09 Million |
|
Foresight Autonomous Holdings Ltd ADR
NASDAQ:FRSX
|
$5.09 Million |
|
Aston Martin Lagonda Global Holdings PLC
LSE:AML
|
$5.09 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Gulf Keystone Petroleum Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 547,237,000 to 512,330,000, a change of -34,907,000 (-6.4%).
- Net income of 7,158,000 contributed positively to equity growth.
- Dividend payments of 34,933,000 reduced retained earnings.
- Share repurchases of 10,087,000 reduced equity.
- Other comprehensive income decreased equity by 516,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX7.16 Million | +1.4% |
| Dividends Paid | GBX34.93 Million | -6.82% |
| Share Repurchases | GBX10.09 Million | -1.97% |
| Other Comprehensive Income | GBX-517.00K | -0.1% |
| Other Changes | GBX3.47 Million | +0.68% |
| Total Change | GBX- | -6.38% |
Book Value vs Market Value Analysis
This analysis compares Gulf Keystone Petroleum 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: 86.10x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 21.44x to 86.10x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-12-31 | GBX9.02 | GBX193.40 | x |
| 2004-12-31 | GBX20.98 | GBX193.40 | x |
| 2005-12-31 | GBX15.22 | GBX193.40 | x |
| 2006-12-31 | GBX25.32 | GBX193.40 | x |
| 2007-12-31 | GBX20.75 | GBX193.40 | x |
| 2008-12-31 | GBX16.54 | GBX193.40 | x |
| 2009-12-31 | GBX7.01 | GBX193.40 | x |
| 2010-12-31 | GBX29.40 | GBX193.40 | x |
| 2011-12-31 | GBX33.37 | GBX193.40 | x |
| 2012-12-31 | GBX29.09 | GBX193.40 | x |
| 2013-12-31 | GBX27.89 | GBX193.40 | x |
| 2014-12-31 | GBX16.74 | GBX193.40 | x |
| 2015-12-31 | GBX11.24 | GBX193.40 | x |
| 2016-12-31 | GBX8.02 | GBX193.40 | x |
| 2017-12-31 | GBX2.06 | GBX193.40 | x |
| 2018-12-31 | GBX2.41 | GBX193.40 | x |
| 2019-12-31 | GBX2.37 | GBX193.40 | x |
| 2020-12-31 | GBX2.16 | GBX193.40 | x |
| 2021-12-31 | GBX2.44 | GBX193.40 | x |
| 2022-12-31 | GBX2.55 | GBX193.40 | x |
| 2023-12-31 | GBX2.51 | GBX193.40 | x |
| 2024-12-31 | GBX2.25 | GBX193.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Gulf Keystone Petroleum 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): 1.40%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.73%
- • Asset Turnover: 0.23x
- • Equity Multiplier: 1.30x
- Recent ROE (1.40%) is above the historical average (-16.20%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | -20.20% | 0.00% | 0.00x | 1.60x | GBX-5.71 Million |
| 2004 | -1.82% | 0.00% | 0.00x | 1.03x | GBX-7.98 Million |
| 2005 | -45.28% | 0.00% | 0.00x | 1.12x | GBX-49.79 Million |
| 2006 | 28.35% | 0.00% | 0.00x | 1.08x | GBX29.97 Million |
| 2007 | -22.31% | -552.08% | 0.03x | 1.28x | GBX-43.29 Million |
| 2008 | -48.23% | -5910.50% | 0.01x | 1.30x | GBX-71.28 Million |
| 2009 | -139.38% | 0.00% | 0.00x | 1.70x | GBX-103.21 Million |
| 2010 | -6.09% | -3217.23% | 0.00x | 1.11x | GBX-68.68 Million |
| 2011 | -10.29% | -901.23% | 0.01x | 1.11x | GBX-122.96 Million |
| 2012 | -14.16% | -254.18% | 0.03x | 1.60x | GBX-139.59 Million |
| 2013 | -5.68% | -477.37% | 0.01x | 1.74x | GBX-88.20 Million |
| 2014 | -73.09% | -643.68% | 0.04x | 2.96x | GBX-282.16 Million |
| 2015 | -87.10% | -248.32% | 0.09x | 3.89x | GBX-238.53 Million |
| 2016 | -3.84% | -8.97% | 0.30x | 1.41x | GBX-62.81 Million |
| 2017 | 2.99% | 8.20% | 0.26x | 1.39x | GBX-33.06 Million |
| 2018 | 14.45% | 31.88% | 0.33x | 1.37x | GBX24.61 Million |
| 2019 | 8.37% | 21.05% | 0.28x | 1.41x | GBX-8.46 Million |
| 2020 | -10.43% | -43.65% | 0.16x | 1.45x | GBX-92.74 Million |
| 2021 | 31.55% | 54.61% | 0.39x | 1.46x | GBX112.43 Million |
| 2022 | 46.44% | 57.83% | 0.62x | 1.30x | GBX208.80 Million |
| 2023 | -2.10% | -9.31% | 0.18x | 1.27x | GBX-66.22 Million |
| 2024 | 1.40% | 4.73% | 0.23x | 1.30x | GBX-44.08 Million |
Industry Comparison
This section compares Gulf Keystone Petroleum 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: $90,392,995
- Average return on equity (ROE) among peers: -46.35%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Gulf Keystone Petroleum Ltd (GKP) | GBX480.48 Million | -20.20% | 0.31x | $5.10 Million |
| Afentra PLC (AET) | $121.72 Million | 2.33% | 0.12x | $2.14 Million |
| Aminex PLC (AEX) | $59.61 Million | -81.38% | 0.19x | $1.30 Million |
| Angus Energy PLC (ANGS) | $-2.02 Million | 0.00% | 0.00x | $129.12K |
| Ascent Resources plc (AST) | $10.65 Million | -26.85% | 0.90x | $61.66K |
| Block Energy PLC (BLOE) | $-45.52K | 0.00% | 0.00x | $135.95K |
| Borders & Southern Petroleum plc (BOR) | $300.07 Million | -1.20% | 0.00x | $1.11 Million |
| Cadogan Petroleum plc (CAD) | $194.28 Million | -47.92% | 0.07x | $129.86K |
| Challenger Energy Group PLC (CEG) | $57.42 Million | -4.96% | 0.01x | $331.01K |
| Chariot Oil & Gas Limited (CHAR) | $162.05 Million | -25.78% | 0.01x | $575.39K |
| Clontarf Energy Plc (CLON) | $206.63K | -277.75% | 5.45x | $20.44K |
About Gulf Keystone Petroleum Ltd
Gulf Keystone Petroleum Limited engages in the exploration, development, and production of oil and gas in the Kurdistan Region of Iraq. The company holds an 80% interest in the Shaikan Field covering an area of approximately 280 square kilometers located in north-west of Erbil. It also provides management, support, geological, geophysical, and engineering services. The company was incorporated in… Read more