Harbour Energy PLC (HBR) - Net Assets
Based on the latest financial reports, Harbour Energy PLC (HBR) has net assets worth GBX6.44 Billion GBX (≈ $783.20K USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX32.59 Billion ≈ $3.97 Million USD) and total liabilities (GBX26.15 Billion ≈ $3.18 Million 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 HBR goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX6.44 Billion |
| % of Total Assets | 19.75% |
| Annual Growth Rate | 34.98% |
| 5-Year Change | 485.68% |
| 10-Year Change | 10541.97% |
| Growth Volatility | 163.84 |
Harbour Energy PLC - Net Assets Trend (2013–2024)
This chart illustrates how Harbour Energy PLC's net assets have evolved over time, based on quarterly financial data. See HBR defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Harbour Energy PLC (2013–2024)
The table below shows the annual net assets of Harbour Energy PLC from 2013 to 2024. For live valuation and market cap data, see Harbour Energy PLC (HBR) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | GBX6.25 Billion ≈ $760.57K |
+305.91% |
| 2023-12-31 | GBX1.54 Billion ≈ $187.37K |
+50.79% |
| 2022-12-31 | GBX1.02 Billion ≈ $124.26K |
+115.69% |
| 2021-12-31 | GBX473.50 Million ≈ $57.61K |
-55.64% |
| 2020-12-31 | GBX1.07 Billion ≈ $129.86K |
-44.09% |
| 2019-12-31 | GBX1.91 Billion ≈ $232.26K |
+103.90% |
| 2018-12-31 | GBX936.24 Million ≈ $113.91K |
+192.71% |
| 2017-12-31 | GBX319.85 Million ≈ $38.92K |
+475.81% |
| 2016-12-31 | GBX55.55 Million ≈ $6.76K |
-5.43% |
| 2015-12-31 | GBX58.74 Million ≈ $7.15K |
-54.93% |
| 2014-12-31 | GBX130.34 Million ≈ $15.86K |
-43.47% |
| 2013-12-31 | GBX230.54 Million ≈ $28.05K |
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Equity Component Analysis
This analysis shows how different components contribute to Harbour Energy PLC'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 1848.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX807.00 Million | 12.91% |
| Common Stock | GBX171.00 Million | 2.74% |
| Other Components | GBX5.27 Billion | 84.35% |
| Total Equity | GBX6.25 Billion | 100.00% |
Harbour Energy PLC Competitors by Market Cap
The table below lists competitors of Harbour Energy PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
HAV GROUP ASA
F:6HH
|
$41.65 Million |
|
Experience Co Ltd
AU:EXP
|
$41.65 Million |
|
Lokotech Group AS
OL:LOKO
|
$41.70 Million |
|
Jacques Bogart SA
PA:JBOG
|
$41.70 Million |
|
Vertoz Advertising Limited
NSE:VERTOZ
|
$41.63 Million |
|
Componenta Corp
HE:CTH1V
|
$41.63 Million |
|
AMTD IDEA Group
NYSE:AMTD
|
$41.62 Million |
|
LORDS CHLORO ALKALI ORD T (BSE)
NSE:LORDSCHLO
|
$41.60 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Harbour Energy PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,553,000,000 to 6,251,000,000, a change of 4,698,000,000 (302.5%).
- Net loss of 93,000,000 reduced equity.
- Dividend payments of 199,000,000 reduced retained earnings.
- Share repurchases of 25,000,000 reduced equity.
- Other comprehensive income decreased equity by 460,000,000.
- Other factors increased equity by 5,500,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX-93.00 Million | -1.49% |
| Dividends Paid | GBX199.00 Million | -3.18% |
| Share Repurchases | GBX25.00 Million | -0.4% |
| Other Comprehensive Income | GBX-460.00 Million | -7.36% |
| Other Changes | GBX5.50 Billion | +87.99% |
| Total Change | GBX- | 302.51% |
Book Value vs Market Value Analysis
This analysis compares Harbour Energy PLC'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: 38.83x
- 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 decreased from 563.07x to 38.83x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | GBX0.44 | GBX245.20 | x |
| 2014-12-31 | GBX0.25 | GBX245.20 | x |
| 2015-12-31 | GBX0.11 | GBX245.20 | x |
| 2016-12-31 | GBX0.11 | GBX245.20 | x |
| 2017-12-31 | GBX0.62 | GBX245.20 | x |
| 2018-12-31 | GBX1.21 | GBX245.20 | x |
| 2019-12-31 | GBX2.31 | GBX245.20 | x |
| 2020-12-31 | GBX1.51 | GBX245.20 | x |
| 2021-12-31 | GBX0.54 | GBX245.20 | x |
| 2022-12-31 | GBX1.12 | GBX245.20 | x |
| 2023-12-31 | GBX1.93 | GBX245.20 | x |
| 2024-12-31 | GBX6.31 | GBX245.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Harbour Energy PLC 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): -1.49%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.51%
- • Asset Turnover: 0.20x
- • Equity Multiplier: 4.85x
- Recent ROE (-1.49%) is above the historical average (-152.02%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 101.50% | 0.00% | 0.00x | 1.98x | GBX210.95 Million |
| 2014 | -161.35% | 0.00% | 0.00x | 5.56x | GBX-223.33 Million |
| 2015 | -1879.16% | 0.00% | 0.00x | 1.06x | GBX-1.11 Billion |
| 2016 | 220.71% | 13.08% | 14.83x | 1.14x | GBX117.05 Million |
| 2017 | -79.35% | -80.96% | 0.06x | 17.08x | GBX-285.78 Million |
| 2018 | 14.25% | 6.79% | 0.36x | 5.79x | GBX39.78 Million |
| 2019 | 8.61% | 6.97% | 0.21x | 5.93x | GBX-26.60 Million |
| 2020 | -72.93% | -32.25% | 0.25x | 8.88x | GBX-885.13 Million |
| 2021 | 21.35% | 2.91% | 0.24x | 30.63x | GBX53.75 Million |
| 2022 | 0.78% | 0.15% | 0.43x | 12.30x | GBX-94.13 Million |
| 2023 | 2.90% | 1.21% | 0.38x | 6.37x | GBX-110.30 Million |
| 2024 | -1.49% | -1.51% | 0.20x | 4.85x | GBX-718.10 Million |
Industry Comparison
This section compares Harbour Energy PLC'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: $72,118,969
- Average return on equity (ROE) among peers: -10.52%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Harbour Energy PLC (HBR) | GBX6.44 Billion | 101.50% | 4.06x | $41.64 Million |
| Afentra PLC (AET) | $65.78 Million | -2.61% | 0.02x | $1.71 Million |
| Aminex PLC (AEX) | $92.44 Million | -5.77% | 0.16x | $1.40 Million |
| Angus Energy PLC (ANGS) | $11.27 Million | -22.32% | 0.52x | $129.12K |
| Ascent Resources plc (AST) | $25.11 Million | -14.28% | 0.35x | $37.97K |
| Block Energy PLC (BLOE) | $-45.52K | 0.00% | 0.00x | $114.32K |
| Borders & Southern Petroleum plc (BOR) | $293.54 Million | -0.35% | 0.00x | $1.49 Million |
| Cadogan Petroleum plc (CAD) | $177.30 Million | -8.27% | 0.03x | $114.58K |
| Challenger Energy Group PLC (CEG) | $8.35 Million | -23.27% | 0.06x | $331.01K |
| Chariot Oil & Gas Limited (CHAR) | $45.73 Million | -6.26% | 0.22x | $572.15K |
| Clontarf Energy Plc (CLON) | $1.71 Million | -22.11% | 0.16x | $18.44K |
About Harbour Energy PLC
Harbour Energy plc, together with its subsidiaries, engages in the acquisition, exploration, development, and production of oil and gas reserves in Norway, the United Kingdom, Germany, Mexico, Argentina, North Africa, and Southeast Asia. It is involved in the decommissioning; financing and servicing; distribution, transportation, and trade; gas trading; and risk mitigation activities. The company… Read more