Enteq Upstream Net Assets
Enteq Upstream net assets. Based on the latest financial reports, Enteq Upstream (NTQ) has net assets worth GBX10.16 Million GBX (≈ $1.24K USD) as of September 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX11.42 Million ≈ $1.39K USD) and total liabilities (GBX1.26 Million ≈ $153.55 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 NTQ year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX10.16 Million |
| % of Total Assets | 88.95% |
| Annual Growth Rate | -4.69% |
| 5-Year Change | -33.71% |
| 10-Year Change | -61.64% |
| Growth Volatility | 100.41 |
Net Assets of Enteq Upstream (2012–2024)
Net assets of Enteq Upstream from 2012 to 2024. This chart illustrates how Enteq Upstream's net assets have evolved over time, based on quarterly financial data. See NTQ equity to assets ratio to measure how much of total assets are equity-financed.
Annual Net Assets for Enteq Upstream (2012–2024)
The table below shows the annual net assets of Enteq Upstream from 2012 to 2024. For live market cap and overall valuation, see market cap of Enteq Upstream.
| Year | Net Assets | Change |
|---|---|---|
| 2024-03-31 | GBX11.08 Million ≈ $1.35K |
-15.28% |
| 2023-03-31 | GBX13.08 Million ≈ $1.59K |
-15.80% |
| 2022-03-31 | GBX15.53 Million ≈ $1.89K |
-2.80% |
| 2021-03-31 | GBX15.98 Million ≈ $1.94K |
-4.40% |
| 2020-03-31 | GBX16.71 Million ≈ $2.03K |
-30.51% |
| 2019-03-31 | GBX24.05 Million ≈ $2.93K |
+2.02% |
| 2018-03-31 | GBX23.57 Million ≈ $2.87K |
-0.71% |
| 2017-03-31 | GBX23.74 Million ≈ $2.89K |
-3.08% |
| 2016-03-31 | GBX24.50 Million ≈ $2.98K |
-15.17% |
| 2015-03-31 | GBX28.88 Million ≈ $3.51K |
-61.98% |
| 2014-03-31 | GBX75.96 Million ≈ $9.24K |
-13.14% |
| 2013-03-31 | GBX87.45 Million ≈ $10.64K |
+343.62% |
| 2012-03-31 | GBX19.71 Million ≈ $2.40K |
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Equity Component Analysis
This analysis shows how different components contribute to Enteq Upstream'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 7900300000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Enteq Upstream Net Assets Breakdown (March 2024)
Enteq Upstream net assets breakdown by equity component as of March 2024.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | GBX1.10 Million | 9.97% |
| Other Components | GBX92.29 Million | 833.09% |
| Total Equity | GBX11.08 Million | 100.00% |
Enteq Upstream Competitors by Market Cap
The table below lists competitors of Enteq Upstream ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Litigation Capital Management Limited
LSE:LIT
|
$6.23K |
|
Secure Property Development & Investment Plc
LSE:SPDI
|
$6.29K |
|
IMAGIN MEDICAL INC.
F:DPD3
|
$6.33K |
|
CuChi Commercial and Industrial Developing Investment JSC
VN:CCI
|
$6.37K |
|
daVictus plc
LSE:DVT
|
$6.09K |
|
Renova Energia S.A
SA:RNEW11
|
$5.96K |
|
SRI TRANG AGR.-FOR- BA 1
F:YTAA
|
$5.88K |
|
Harrison Global Holdings Inc.
NASDAQ:BLMZF
|
$5.86K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Enteq Upstream's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 13,076,000 to 11,078,000, a change of -1,998,000 (-15.3%).
- Net loss of 2,118,000 reduced equity.
- Other comprehensive income decreased equity by 448,000.
- Other factors increased equity by 568,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX-2.12 Million | -19.12% |
| Other Comprehensive Income | GBX-448.00K | -4.04% |
| Other Changes | GBX568.00K | +5.13% |
| Total Change | GBX- | -15.28% |
Book Value vs Market Value Analysis
This analysis compares Enteq Upstream'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: 3.15x
- 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 1.46x to 3.15x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-03-31 | GBX0.33 | GBX0.49 | x |
| 2013-03-31 | GBX1.64 | GBX0.49 | x |
| 2014-03-31 | GBX1.29 | GBX0.49 | x |
| 2015-03-31 | GBX0.49 | GBX0.49 | x |
| 2016-03-31 | GBX0.41 | GBX0.49 | x |
| 2017-03-31 | GBX0.39 | GBX0.49 | x |
| 2018-03-31 | GBX0.38 | GBX0.49 | x |
| 2019-03-31 | GBX0.38 | GBX0.49 | x |
| 2020-03-31 | GBX0.26 | GBX0.49 | x |
| 2021-03-31 | GBX0.24 | GBX0.49 | x |
| 2022-03-31 | GBX0.23 | GBX0.49 | x |
| 2023-03-31 | GBX0.19 | GBX0.49 | x |
| 2024-03-31 | GBX0.15 | GBX0.49 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Enteq Upstream 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): -19.12%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.16x
- Recent ROE (-19.12%) is above the historical average (-24.39%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | -16.81% | 0.00% | 0.00x | 1.06x | GBX-5.28 Million |
| 2013 | -0.81% | -4.61% | 0.16x | 1.09x | GBX-9.45 Million |
| 2014 | -15.23% | -47.13% | 0.30x | 1.06x | GBX-19.17 Million |
| 2015 | -163.55% | -254.94% | 0.59x | 1.08x | GBX-50.11 Million |
| 2016 | -19.35% | -75.39% | 0.24x | 1.06x | GBX-7.19 Million |
| 2017 | -4.99% | -24.88% | 0.18x | 1.10x | GBX-3.56 Million |
| 2018 | -2.56% | -9.35% | 0.24x | 1.14x | GBX-2.96 Million |
| 2019 | -0.41% | -0.96% | 0.38x | 1.13x | GBX-2.50 Million |
| 2020 | -46.90% | -71.89% | 0.58x | 1.13x | GBX-9.51 Million |
| 2021 | -6.94% | -21.84% | 0.29x | 1.10x | GBX-2.71 Million |
| 2022 | -10.01% | -21.27% | 0.42x | 1.12x | GBX-3.11 Million |
| 2023 | -10.39% | 0.00% | 0.00x | 1.10x | GBX-2.67 Million |
| 2024 | -19.12% | 0.00% | 0.00x | 1.16x | GBX-3.23 Million |
Industry Comparison
This section compares Enteq Upstream's net assets metrics with peer companies in the Oil & Gas Equipment & Services industry.
Industry Context
- Industry: Oil & Gas Equipment & Services
- Average net assets among peers: $240,172,253
- Average return on equity (ROE) among peers: -12.36%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Enteq Upstream (NTQ) | GBX10.16 Million | -16.81% | 0.12x | $6.19K |
| Ashtead Technology Holdings PLC (AT) | $46.15 Million | 10.91% | 1.31x | $5.96 Million |
| Gulf Marine Services PLC (GMS) | $421.31 Million | -4.41% | 1.06x | $2.43 Million |
| Getech Group (GTC) | $9.38 Million | -30.15% | 0.36x | $78.97K |
| Hunting PLC (HTG) | $957.10 Million | 12.23% | 0.28x | $6.69 Million |
| Tan Delta Systems PLC (TAND) | $2.25 Million | -70.08% | 0.15x | $200.46K |
| Thalassa Holdings Ltd (THAL) | $4.84 Million | 7.32% | 0.11x | $46.61K |
About Enteq Upstream
Enteq Technologies Plc, together with its subsidiaries, provides reach and recovery products and technologies to the technologies oil and gas services market in the United States, China, Europe, Central Asia, Australasia, and internationally. The company designs, manufactures, and sells specialized parts and products for directional drilling and measurement while drilling operations for use in th… Read more