SDX Energy Inc
SDX Energy plc engages in the exploration, development, and production of oil and gas in the Arab Republic of Egypt and the Kingdom of Morocco. The company holds 50% working interest in Meseda and Rabul fields in the West Gharib, Egypt; 55% interest in the South Disouq concession located in the Nile Delta region, Egypt; and 75% working interest in four exploration permits consisting of Sebou Cent… Read more
SDX Energy Inc (SDX) - Net Assets
Latest net assets as of June 2024: GBX4.84 Million GBX
Based on the latest financial reports, SDX Energy Inc (SDX) has net assets worth GBX4.84 Million GBX as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX36.71 Million) and total liabilities (GBX31.88 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX4.84 Million |
| % of Total Assets | 13.18% |
| Annual Growth Rate | 15.47% |
| 5-Year Change | -86.11% |
| 10-Year Change | -47.28% |
| Growth Volatility | 318.06 |
SDX Energy Inc - Net Assets Trend (2007–2023)
This chart illustrates how SDX Energy Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for SDX Energy Inc (2007–2023)
The table below shows the annual net assets of SDX Energy Inc from 2007 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | GBX13.62 Million | -67.12% |
| 2022-12-31 | GBX41.41 Million | -43.01% |
| 2021-12-31 | GBX72.65 Million | -24.59% |
| 2020-12-31 | GBX96.34 Million | -1.72% |
| 2019-12-31 | GBX98.03 Million | -15.52% |
| 2018-12-31 | GBX116.04 Million | +1.24% |
| 2017-12-31 | GBX114.62 Million | +207.59% |
| 2016-12-31 | GBX37.26 Million | -32.55% |
| 2015-12-31 | GBX55.25 Million | +113.90% |
| 2014-12-31 | GBX25.83 Million | -24.79% |
| 2013-12-31 | GBX34.34 Million | -16.75% |
| 2012-12-31 | GBX41.25 Million | -40.11% |
| 2011-12-31 | GBX68.88 Million | -12.16% |
| 2010-12-31 | GBX78.41 Million | +287.87% |
| 2009-12-31 | GBX20.22 Million | +7.59% |
| 2008-12-31 | GBX18.79 Million | +1277.57% |
| 2007-12-31 | GBX1.36 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to SDX Energy Inc'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 2355031496.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | GBX2.60 Million | 19.10% |
| Other Comprehensive Income | GBX36.14 Million | 265.40% |
| Other Components | GBX130.00K | 0.95% |
| Total Equity | GBX13.62 Million | 100.00% |
SDX Energy Inc Competitors by Market Cap
The table below lists competitors of SDX Energy Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Waskaduwa Beach Resort PLC
CM:CITWN0000
|
$64.79 |
|
MORISON INDUSTRIES PLC
XNSA:MORISON
|
$64.84 |
|
JOHN HOLT PLC
XNSA:JOHNHOLT
|
$64.97 |
|
SEED CO LIMITED
XZIM:SEED
|
$65.35 |
|
NiHAO Mineral Resources International Inc
PSE:NI
|
$64.61 |
|
Regenera Insights Inc.
F:66C0
|
$64.34 |
|
Proven Vct PLC
LSE:PVN
|
$64.33 |
|
ProtoSource Corporation
PINK:PSCO
|
$63.79 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SDX Energy Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 35,150,000 to 13,617,000, a change of -21,533,000 (-61.3%).
- Net loss of 21,343,000 reduced equity.
- Other comprehensive income decreased equity by 7,152,000.
- Other factors increased equity by 6,962,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX-21.34 Million | -156.74% |
| Other Comprehensive Income | GBX-7.15 Million | -52.52% |
| Other Changes | GBX6.96 Million | +51.13% |
| Total Change | GBX- | -61.26% |
Book Value vs Market Value Analysis
This analysis compares SDX Energy Inc'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: 3.91x
- 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 7.62x to 3.91x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | GBX0.03 | GBX0.26 | x |
| 2008-12-31 | GBX0.20 | GBX0.26 | x |
| 2009-12-31 | GBX0.13 | GBX0.26 | x |
| 2010-12-31 | GBX0.24 | GBX0.26 | x |
| 2011-12-31 | GBX0.18 | GBX0.26 | x |
| 2012-12-31 | GBX0.11 | GBX0.26 | x |
| 2013-12-31 | GBX0.09 | GBX0.26 | x |
| 2014-12-31 | GBX0.34 | GBX0.26 | x |
| 2015-12-31 | GBX0.73 | GBX0.26 | x |
| 2016-12-31 | GBX0.47 | GBX0.26 | x |
| 2017-12-31 | GBX0.61 | GBX0.26 | x |
| 2018-12-31 | GBX0.56 | GBX0.26 | x |
| 2019-12-31 | GBX0.48 | GBX0.26 | x |
| 2020-12-31 | GBX0.47 | GBX0.26 | x |
| 2021-12-31 | GBX0.35 | GBX0.26 | x |
| 2022-12-31 | GBX0.17 | GBX0.26 | x |
| 2023-12-31 | GBX0.07 | GBX0.26 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SDX Energy Inc 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): -156.74%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -240.21%
- • Asset Turnover: 0.17x
- • Equity Multiplier: 3.75x
- Recent ROE (-156.74%) is below the historical average (-43.69%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | -70.25% | 0.00% | 0.00x | 6.06x | GBX-1.09 Million |
| 2008 | -93.26% | 0.00% | 0.00x | 1.30x | GBX-19.40 Million |
| 2009 | -79.53% | -8860.55% | 0.01x | 1.05x | GBX-18.10 Million |
| 2010 | -7.85% | -49.03% | 0.15x | 1.07x | GBX-13.99 Million |
| 2011 | -18.64% | -62.36% | 0.27x | 1.10x | GBX-19.73 Million |
| 2012 | -68.14% | -62.46% | 0.87x | 1.26x | GBX-32.23 Million |
| 2013 | -22.45% | -26.20% | 0.74x | 1.15x | GBX-11.14 Million |
| 2014 | -34.69% | -44.98% | 0.49x | 1.56x | GBX-11.54 Million |
| 2015 | 18.19% | 88.35% | 0.19x | 1.09x | GBX4.52 Million |
| 2016 | -75.68% | -218.37% | 0.31x | 1.12x | GBX-31.93 Million |
| 2017 | 24.67% | 72.20% | 0.28x | 1.23x | GBX16.82 Million |
| 2018 | 0.10% | 0.16% | 0.52x | 1.19x | GBX-11.49 Million |
| 2019 | -18.55% | -34.16% | 0.40x | 1.36x | GBX-27.99 Million |
| 2020 | -3.97% | -8.31% | 0.37x | 1.29x | GBX-13.46 Million |
| 2021 | -32.97% | -44.48% | 0.55x | 1.35x | GBX-31.22 Million |
| 2022 | -102.92% | -82.68% | 0.56x | 2.23x | GBX-39.69 Million |
| 2023 | -156.74% | -240.21% | 0.17x | 3.75x | GBX-22.70 Million |
Industry Comparison
This section compares SDX Energy Inc'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: $60,597,583
- Average return on equity (ROE) among peers: 3.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SDX Energy Inc (SDX) | GBX4.84 Million | -70.25% | 6.59x | $64.71 |
| Afentra PLC (AET) | $278.27 Million | -0.81% | 1.23x | $17.50K |
| Angus Energy PLC (ANGS) | $152.00K | 100.00% | 8.59x | $1.29K |
| Ascent Resources plc (AST) | $-378.00K | 0.00% | 0.00x | $320.65 |
| Beacon Energy PLC (BCE) | $-300.00K | 0.00% | 0.00x | $87.84 |
| Block Energy PLC (BLOE) | $29.69 Million | -18.56% | 0.15x | $1.33K |
| Buccaneer Energy plc. (BUCE) | $-599.00K | 0.00% | 0.00x | $241.65 |
| Cadogan Petroleum plc (CAD) | $297.93 Million | -11.82% | 0.03x | $1.37K |
| Challenger Energy Group PLC (CEG) | $5.74 Million | -27.08% | 0.05x | $3.31K |
| Clontarf Energy Plc (CLON) | $2.87 Million | -6.95% | 0.33x | $229.28 |
| Coro Energy PLC (CORO) | $-7.40 Million | 0.00% | 0.00x | $470.51 |