Ithaca Energy PLC (ITH) - Net Assets
Based on the latest financial reports, Ithaca Energy PLC (ITH) has net assets worth £2.40 Billion GBP (≈ $3.22 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (£12.10 Billion ≈ $16.25 Billion USD) and total liabilities (£9.70 Billion ≈ $13.03 Billion 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. Also explore ITH total assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | £2.40 Billion |
| % of Total Assets | 19.8% |
| Annual Growth Rate | 10.2% |
| 5-Year Change | 280.3% |
| 10-Year Change | 245.92% |
| Growth Volatility | 72.02 |
Ithaca Energy PLC - Net Assets Trend (2012–2025)
This chart illustrates how Ithaca Energy PLC's net assets have evolved over time, based on quarterly financial data. Check ITH goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Ithaca Energy PLC (2012–2025)
The table below shows the annual net assets of Ithaca Energy PLC from 2012 to 2025. For live valuation and market cap data, see market cap of Ithaca Energy PLC.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | £2.57 Billion ≈ $3.45 Billion |
-15.38% |
| 2024-12-31 | £3.04 Billion ≈ $4.08 Billion |
+24.38% |
| 2023-12-31 | £2.44 Billion ≈ $3.28 Billion |
-0.53% |
| 2022-12-31 | £2.46 Billion ≈ $3.30 Billion |
+263.26% |
| 2021-12-31 | £676.51 Million ≈ $908.49 Million |
+24.71% |
| 2020-12-31 | £542.47 Million ≈ $728.48 Million |
-44.71% |
| 2019-12-31 | £981.14 Million ≈ $1.32 Billion |
+13.67% |
| 2018-12-31 | £863.16 Million ≈ $1.16 Billion |
+19.83% |
| 2017-12-31 | £720.29 Million ≈ $967.29 Million |
-3.15% |
| 2016-12-31 | £743.73 Million ≈ $998.76 Million |
-6.24% |
| 2015-12-31 | £793.19 Million ≈ $1.07 Billion |
-6.13% |
| 2014-12-31 | £845.01 Million ≈ $1.13 Billion |
-1.01% |
| 2013-12-31 | £853.65 Million ≈ $1.15 Billion |
+17.28% |
| 2012-12-31 | £727.87 Million ≈ $977.46 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Ithaca 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 1175.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | £1.96 Billion | 76.35% |
| Common Stock | £20.01 Million | 0.78% |
| Other Comprehensive Income | £284.30 Million | 11.05% |
| Other Components | £304.21 Million | 11.82% |
| Total Equity | £2.57 Billion | 100.00% |
Ithaca Energy PLC Competitors by Market Cap
The table below lists competitors of Ithaca Energy PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Qualys Inc
NASDAQ:QLYS
|
$3.79 Billion |
|
Xinjiang Tianshan Cement Co Ltd
SHE:000877
|
$3.79 Billion |
|
Mianyang Fulin Precision Machining Co Ltd
SHE:300432
|
$3.79 Billion |
|
Shanghai Oriental Pearl Media Co Ltd
SHG:600637
|
$3.79 Billion |
|
Blue Star Limited
NSE:BLUESTARCO
|
$3.79 Billion |
|
Oceaneering International Inc
NYSE:OII
|
$3.78 Billion |
|
Olympic Circuit Technology Co Ltd
SHG:603920
|
$3.78 Billion |
|
Allreal Holding
SW:ALLN
|
$3.78 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ithaca Energy PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,040,377,000 to 2,572,736,903, a change of -467,640,097 (-15.4%).
- Net loss of 85,864,442 reduced equity.
- Dividend payments of 508,141,897 reduced retained earnings.
- Other comprehensive income increased equity by 108,486,534.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | £-85.86 Million | -3.34% |
| Dividends Paid | £508.14 Million | -19.75% |
| Other Comprehensive Income | £108.49 Million | +4.22% |
| Other Changes | £17.88 Million | +0.69% |
| Total Change | £- | -15.38% |
Book Value vs Market Value Analysis
This analysis compares Ithaca 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: 159.06x
- 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 108.27x to 159.06x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | £2.29 | £248.20 | x |
| 2013-12-31 | £2.77 | £248.20 | x |
| 2014-12-31 | £2.56 | £248.20 | x |
| 2015-12-31 | £2.29 | £248.20 | x |
| 2016-12-31 | £1.80 | £248.20 | x |
| 2017-12-31 | £1.70 | £248.20 | x |
| 2019-12-31 | £0.98 | £248.20 | x |
| 2020-12-31 | £0.54 | £248.20 | x |
| 2021-12-31 | £0.67 | £248.20 | x |
| 2022-12-31 | £2.43 | £248.20 | x |
| 2023-12-31 | £2.40 | £248.20 | x |
| 2024-12-31 | £2.59 | £248.20 | x |
| 2025-12-31 | £1.56 | £248.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ithaca 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): -3.34%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.91%
- • Asset Turnover: 0.26x
- • Equity Multiplier: 4.43x
- Recent ROE (-3.34%) is below the historical average (5.18%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 15.42% | 54.79% | 0.18x | 1.54x | £32.83 Million |
| 2013 | 16.95% | 34.95% | 0.21x | 2.32x | £59.32 Million |
| 2014 | -2.90% | -6.48% | 0.16x | 2.79x | £-109.04 Million |
| 2015 | -15.26% | -58.46% | 0.10x | 2.60x | £-200.32 Million |
| 2016 | -7.23% | -37.44% | 0.07x | 2.60x | £-128.17 Million |
| 2017 | -3.64% | -10.83% | 0.12x | 2.80x | £-98.28 Million |
| 2018 | 13.70% | 36.31% | 0.15x | 2.50x | £31.90 Million |
| 2019 | -2.58% | -4.71% | 0.11x | 5.09x | £-123.46 Million |
| 2020 | -86.11% | -42.17% | 0.26x | 7.86x | £-521.34 Million |
| 2021 | 91.74% | 43.45% | 0.30x | 6.99x | £552.97 Million |
| 2022 | 41.98% | 39.70% | 0.38x | 2.75x | £785.78 Million |
| 2023 | 8.82% | 9.30% | 0.37x | 2.56x | £-28.81 Million |
| 2024 | 5.04% | 7.73% | 0.24x | 2.72x | £-150.88 Million |
| 2025 | -3.34% | -2.91% | 0.26x | 4.43x | £-343.14 Million |
Industry Comparison
This section compares Ithaca 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: $86,748,035
- Average return on equity (ROE) among peers: -12.64%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ithaca Energy PLC (ITH) | £2.40 Billion | 15.42% | 4.05x | $3.79 Billion |
| Afentra PLC (AET) | $47.97 Million | -5.64% | 3.39x | $1.76 Million |
| Aminex PLC (AEX) | $31.52 Million | -15.70% | 0.19x | $685.05K |
| Angus Energy PLC (ANGS) | $10.11 Million | -27.60% | 0.20x | $129.12K |
| Ascent Resources plc (AST) | $9.84 Million | -21.65% | 0.64x | $415.15 |
| Block Energy PLC (BLOE) | $-60.00K | 0.00% | 0.00x | $111.23K |
| Borders & Southern Petroleum plc (BOR) | $296.28 Million | -0.32% | 0.00x | $1.29 Million |
| Cadogan Petroleum plc (CAD) | $297.93 Million | -11.82% | 0.03x | $114.58K |
| Challenger Energy Group PLC (CEG) | $104.21 Million | -13.43% | 0.35x | $331.01K |
| Chariot Oil & Gas Limited (CHAR) | $65.43 Million | 0.53% | 0.10x | $519.82K |
| Clontarf Energy Plc (CLON) | $4.25 Million | -30.73% | 0.25x | $18.94K |
About Ithaca Energy PLC
Ithaca Energy plc, together with its subsidiaries, engages in the development and production of oil and gas in the North Sea. It owns a portfolio of assets located in the Northern, Central, and Southern North Sea, as well as West of Shetland and the Moray Firth areas of the UK Continental Shelf. The company was formerly known as Delek North Sea Limited and changed its name to Ithaca Energy plc in… Read more