Indus Gas Limited (INDI) - Net Assets
Based on the latest financial reports, Indus Gas Limited (INDI) has net assets worth GBX364.27 Million GBX (≈ $44.32K USD) as of September 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX1.42 Billion ≈ $172.78K USD) and total liabilities (GBX1.06 Billion ≈ $128.46K 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 Indus Gas Limited's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX364.27 Million |
| % of Total Assets | 25.65% |
| Annual Growth Rate | 19.05% |
| 5-Year Change | 45.79% |
| 10-Year Change | 312.46% |
| Growth Volatility | 36.12 |
Indus Gas Limited - Net Assets Trend (2008–2024)
This chart illustrates how Indus Gas Limited's net assets have evolved over time, based on quarterly financial data. Also explore Indus Gas Limited total assets for the complete picture of this company's asset base.
Annual Net Assets for Indus Gas Limited (2008–2024)
The table below shows the annual net assets of Indus Gas Limited from 2008 to 2024. For live valuation and market cap data, see Indus Gas Limited (INDI) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-03-31 | GBX363.63 Million ≈ $44.24K |
+5.88% |
| 2023-03-31 | GBX343.44 Million ≈ $41.79K |
+9.88% |
| 2022-03-31 | GBX312.56 Million ≈ $38.03K |
+12.70% |
| 2021-03-31 | GBX277.35 Million ≈ $33.75K |
+11.20% |
| 2020-03-31 | GBX249.42 Million ≈ $30.35K |
+24.49% |
| 2019-03-31 | GBX200.37 Million ≈ $24.38K |
+23.02% |
| 2018-03-31 | GBX162.88 Million ≈ $19.82K |
+26.02% |
| 2017-03-31 | GBX129.25 Million ≈ $15.73K |
+24.44% |
| 2016-03-31 | GBX103.87 Million ≈ $12.64K |
+17.81% |
| 2015-03-31 | GBX88.16 Million ≈ $10.73K |
+22.59% |
| 2014-03-31 | GBX71.92 Million ≈ $8.75K |
+19.57% |
| 2013-03-31 | GBX60.14 Million ≈ $7.32K |
+2.65% |
| 2012-03-31 | GBX58.59 Million ≈ $7.13K |
+2.39% |
| 2011-03-31 | GBX57.22 Million ≈ $6.96K |
-1.94% |
| 2010-03-31 | GBX58.35 Million ≈ $7.10K |
+1.37% |
| 2009-03-31 | GBX57.57 Million ≈ $7.00K |
+157.88% |
| 2008-03-31 | GBX22.32 Million ≈ $2.72K |
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Equity Component Analysis
This analysis shows how different components contribute to Indus Gas Limited'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 30358653360.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX303.02 Million | 83.33% |
| Common Stock | GBX3.62 Million | 1.00% |
| Other Comprehensive Income | GBX10.26 Million | 2.82% |
| Other Components | GBX46.73 Million | 12.85% |
| Total Equity | GBX363.63 Million | 100.00% |
Indus Gas Limited Competitors by Market Cap
The table below lists competitors of Indus Gas Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
S&W Seed Company
NASDAQ:SANW
|
$43.15K |
|
Aditxt Inc.
NASDAQ:ADTX
|
$43.31K |
|
Athelney Trust plc
LSE:ATY
|
$43.32K |
|
Oneiro Energy PLC
LSE:ONE
|
$43.33K |
|
Trump Media & Technology Group Corp.
NASDAQ:DJTWW
|
$42.29K |
|
Thruvision Group PLC
LSE:THRU
|
$42.14K |
|
Phoenix Global Mining Ltd
LSE:PXC
|
$42.05K |
|
Presto Automation Inc.
NASDAQ:PRST
|
$41.85K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Indus Gas Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 343,443,324 to 363,628,576, a change of 20,185,252 (5.9%).
- Net income of 20,185,000 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX20.18 Million | +5.55% |
| Other Changes | GBX252.00 | +0.0% |
| Total Change | GBX- | 5.88% |
Book Value vs Market Value Analysis
This analysis compares Indus Gas Limited'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: 0.96x
- 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 14.27x to 0.96x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-03-31 | GBX0.13 | GBX1.90 | x |
| 2009-03-31 | GBX0.32 | GBX1.90 | x |
| 2010-03-31 | GBX0.32 | GBX1.90 | x |
| 2011-03-31 | GBX0.31 | GBX1.90 | x |
| 2012-03-31 | GBX0.32 | GBX1.90 | x |
| 2013-03-31 | GBX0.33 | GBX1.90 | x |
| 2014-03-31 | GBX0.39 | GBX1.90 | x |
| 2015-03-31 | GBX0.48 | GBX1.90 | x |
| 2016-03-31 | GBX0.57 | GBX1.90 | x |
| 2017-03-31 | GBX0.71 | GBX1.90 | x |
| 2018-03-31 | GBX0.89 | GBX1.90 | x |
| 2019-03-31 | GBX1.10 | GBX1.90 | x |
| 2020-03-31 | GBX1.36 | GBX1.90 | x |
| 2021-03-31 | GBX1.52 | GBX1.90 | x |
| 2022-03-31 | GBX1.71 | GBX1.90 | x |
| 2023-03-31 | GBX1.88 | GBX1.90 | x |
| 2024-03-31 | GBX1.99 | GBX1.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Indus Gas Limited 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): 5.55%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 47.02%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 3.88x
- Recent ROE (5.55%) is below the historical average (9.49%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | -2.54% | 0.00% | 0.00x | 2.77x | GBX-2.80 Million |
| 2009 | 2.03% | 0.00% | 0.00x | 1.82x | GBX-4.59 Million |
| 2010 | -2.96% | 0.00% | 0.00x | 2.42x | GBX-7.56 Million |
| 2011 | -4.22% | -110.47% | 0.01x | 3.46x | GBX-8.14 Million |
| 2012 | 2.31% | 20.05% | 0.03x | 4.48x | GBX-4.50 Million |
| 2013 | 2.32% | 17.29% | 0.02x | 5.98x | GBX-4.62 Million |
| 2014 | 16.37% | 42.29% | 0.07x | 5.95x | GBX4.58 Million |
| 2015 | 18.43% | 39.25% | 0.08x | 5.78x | GBX7.43 Million |
| 2016 | 15.12% | 34.45% | 0.07x | 6.09x | GBX5.32 Million |
| 2017 | 19.64% | 46.51% | 0.08x | 5.11x | GBX12.46 Million |
| 2018 | 20.65% | 55.49% | 0.08x | 4.91x | GBX17.34 Million |
| 2019 | 18.71% | 61.85% | 0.06x | 4.73x | GBX17.45 Million |
| 2020 | 19.67% | 84.63% | 0.05x | 4.32x | GBX24.12 Million |
| 2021 | 10.07% | 57.55% | 0.04x | 4.50x | GBX192.67K |
| 2022 | 11.26% | 65.56% | 0.04x | 4.17x | GBX3.95 Million |
| 2023 | 8.99% | 48.99% | 0.05x | 3.96x | GBX-3.46 Million |
| 2024 | 5.55% | 47.02% | 0.03x | 3.88x | GBX-16.18 Million |
Industry Comparison
This section compares Indus Gas Limited'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: $87,289,784
- Average return on equity (ROE) among peers: 11.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Indus Gas Limited (INDI) | GBX364.27 Million | -2.54% | 2.90x | $42.30K |
| Afentra PLC (AET) | $98.63 Million | 53.08% | 1.30x | $2.14 Million |
| Aminex PLC (AEX) | $92.44 Million | -5.77% | 0.16x | $1.30 Million |
| Angus Energy PLC (ANGS) | $1.92 Million | 100.49% | 0.65x | $129.12K |
| Ascent Resources plc (AST) | $4.83 Million | -8.31% | 0.01x | $61.66K |
| Block Energy PLC (BLOE) | $-60.00K | 0.00% | 0.00x | $135.95K |
| Borders & Southern Petroleum plc (BOR) | $295.56 Million | -0.47% | 0.00x | $1.11 Million |
| Cadogan Petroleum plc (CAD) | $177.30 Million | -8.27% | 0.03x | $129.86K |
| Challenger Energy Group PLC (CEG) | $51.16 Million | -1.92% | 0.01x | $331.01K |
| Chariot Oil & Gas Limited (CHAR) | $148.25 Million | -10.05% | 0.01x | $575.39K |
| Clontarf Energy Plc (CLON) | $2.87 Million | -6.95% | 0.33x | $20.44K |
About Indus Gas Limited
Indus Gas Limited, through its subsidiaries, engages in the exploration, development, and production of oil and gas primarily in Asia. The company engages in the exploration, development, production, distribution, and marketing of hydrocarbons, including natural gas and condensate. It owns a 90% participating interest in the Block RJ-ON/6 covering an area of approximately 4,026 square kilometers … Read more