Serinus Energy (SENX) - Net Assets
Based on the latest financial reports, Serinus Energy (SENX) has net assets worth GBX14.29 Million GBX (≈ $1.74K USD) as of December 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX64.33 Million ≈ $7.83K USD) and total liabilities (GBX50.04 Million ≈ $6.09K 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 tangible is Serinus Energy's equity to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX14.29 Million |
| % of Total Assets | 22.21% |
| Annual Growth Rate | -2.81% |
| 5-Year Change | -54.47% |
| 10-Year Change | -69.08% |
| Growth Volatility | 97.71 |
Serinus Energy - Net Assets Trend (2007–2024)
This chart illustrates how Serinus Energy's net assets have evolved over time, based on quarterly financial data. See Serinus Energy defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Serinus Energy (2007–2024)
The table below shows the annual net assets of Serinus Energy from 2007 to 2024. For live valuation and market cap data, see Serinus Energy market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | GBX14.29 Million ≈ $1.74K |
-39.92% |
| 2023-12-31 | GBX23.78 Million ≈ $2.89K |
-35.39% |
| 2022-12-31 | GBX36.80 Million ≈ $4.48K |
-1.69% |
| 2021-12-31 | GBX37.43 Million ≈ $4.55K |
+19.29% |
| 2020-12-31 | GBX31.38 Million ≈ $3.82K |
+116.14% |
| 2019-12-31 | GBX14.52 Million ≈ $1.77K |
+8.81% |
| 2018-12-31 | GBX13.34 Million ≈ $1.62K |
+260.21% |
| 2017-12-31 | GBX3.70 Million ≈ $450.67 |
-1.23% |
| 2016-12-31 | GBX3.75 Million ≈ $456.27 |
-91.88% |
| 2015-12-31 | GBX46.20 Million ≈ $5.62K |
-56.41% |
| 2014-12-31 | GBX105.99 Million ≈ $12.90K |
-37.85% |
| 2013-12-31 | GBX170.54 Million ≈ $20.75K |
+38.15% |
| 2012-12-31 | GBX123.45 Million ≈ $15.02K |
-29.27% |
| 2011-12-31 | GBX174.53 Million ≈ $21.23K |
-2.07% |
| 2010-12-31 | GBX178.22 Million ≈ $21.68K |
+170.28% |
| 2009-12-31 | GBX65.94 Million ≈ $8.02K |
+222.97% |
| 2008-12-31 | GBX20.42 Million ≈ $2.48K |
-11.95% |
| 2007-12-31 | GBX23.19 Million ≈ $2.82K |
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Equity Component Analysis
This analysis shows how different components contribute to Serinus Energy'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 40132989800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | GBX401.64 Million | 2811.43% |
| Other Components | GBX21.74 Million | 152.15% |
| Total Equity | GBX14.29 Million | 100.00% |
Serinus Energy Competitors by Market Cap
The table below lists competitors of Serinus Energy ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Westmount Energy Limited
LSE:WTE
|
$59.59K |
|
Beowulf Mining
LSE:BEM
|
$60.33K |
|
Mothercare PLC
LSE:MTC
|
$62.07K |
|
Coral Products
LSE:CRU
|
$62.15K |
|
G2Power Co. Ltd.
KQ:388050
|
$58.50K |
|
Philipp Holzmann AG
DU:HOZ
|
$57.22K |
|
Harmony Energy Income Trust PLC
LSE:HEIT
|
$57.20K |
|
Bisichi Mining PLC
LSE:BISI
|
$57.16K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Serinus Energy's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 23,778,000 to 14,286,000, a change of -9,492,000 (-39.9%).
- Net loss of 9,713,000 reduced equity.
- New share issuances of 90,000 increased equity.
- Other comprehensive income decreased equity by 22,188,000.
- Other factors increased equity by 22,319,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX-9.71 Million | -67.99% |
| Share Issuances | GBX90.00K | +0.63% |
| Other Comprehensive Income | GBX-22.19 Million | -155.31% |
| Other Changes | GBX22.32 Million | +156.23% |
| Total Change | GBX- | -39.92% |
Book Value vs Market Value Analysis
This analysis compares Serinus Energy'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: 26.49x
- 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 0.12x to 26.49x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | GBX28.08 | GBX3.30 | x |
| 2008-12-31 | GBX2.56 | GBX3.30 | x |
| 2009-12-31 | GBX50.90 | GBX3.30 | x |
| 2010-12-31 | GBX49.24 | GBX3.30 | x |
| 2011-12-31 | GBX36.85 | GBX3.30 | x |
| 2012-12-31 | GBX20.71 | GBX3.30 | x |
| 2013-12-31 | GBX21.58 | GBX3.30 | x |
| 2014-12-31 | GBX11.03 | GBX3.30 | x |
| 2015-12-31 | GBX3.81 | GBX3.30 | x |
| 2016-12-31 | GBX0.48 | GBX3.30 | x |
| 2017-12-31 | GBX0.26 | GBX3.30 | x |
| 2018-12-31 | GBX0.69 | GBX3.30 | x |
| 2019-12-31 | GBX0.62 | GBX3.30 | x |
| 2020-12-31 | GBX1.15 | GBX3.30 | x |
| 2021-12-31 | GBX0.32 | GBX3.30 | x |
| 2022-12-31 | GBX0.32 | GBX3.30 | x |
| 2023-12-31 | GBX0.21 | GBX3.30 | x |
| 2024-12-31 | GBX0.12 | GBX3.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Serinus Energy 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): -67.99%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -63.07%
- • Asset Turnover: 0.24x
- • Equity Multiplier: 4.50x
- Recent ROE (-67.99%) is above the historical average (-150.33%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | -33.65% | -922.82% | 0.03x | 1.14x | GBX-10.12 Million |
| 2008 | -31.58% | -2361.40% | 0.01x | 1.10x | GBX-8.49 Million |
| 2009 | -21.64% | -37615.51% | 0.00x | 2.30x | GBX-20.86 Million |
| 2010 | -11.58% | -244.44% | 0.04x | 1.25x | GBX-34.03 Million |
| 2011 | -11.21% | -48.02% | 0.16x | 1.46x | GBX-32.00 Million |
| 2012 | -94.26% | -87.13% | 0.53x | 2.04x | GBX-95.97 Million |
| 2013 | -49.71% | -46.81% | 0.47x | 2.26x | GBX-82.50 Million |
| 2014 | -35.16% | -18.56% | 0.63x | 2.99x | GBX-39.18 Million |
| 2015 | -163.79% | -189.04% | 0.14x | 6.18x | GBX-52.10 Million |
| 2016 | -1570.64% | -399.23% | 0.14x | 27.96x | GBX-59.27 Million |
| 2017 | -507.34% | -299.67% | 0.05x | 31.04x | GBX-19.16 Million |
| 2018 | -36.65% | -56.10% | 0.07x | 9.07x | GBX-6.22 Million |
| 2019 | -13.36% | -7.96% | 0.22x | 7.61x | GBX-3.39 Million |
| 2020 | -29.63% | -38.69% | 0.25x | 3.01x | GBX-12.43 Million |
| 2021 | 22.50% | 21.07% | 0.42x | 2.53x | GBX4.68 Million |
| 2022 | 4.43% | 3.31% | 0.55x | 2.45x | GBX-2.05 Million |
| 2023 | -54.76% | -72.85% | 0.23x | 3.30x | GBX-15.40 Million |
| 2024 | -67.99% | -63.07% | 0.24x | 4.50x | GBX-11.14 Million |
Industry Comparison
This section compares Serinus Energy'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: $71,032,663
- Average return on equity (ROE) among peers: -12.24%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Serinus Energy (SENX) | GBX14.29 Million | -33.65% | 3.50x | $59.54K |
| Afentra PLC (AET) | $114.08 Million | 7.31% | 0.32x | $1.74 Million |
| Aminex PLC (AEX) | $59.61 Million | -81.38% | 0.19x | $1.40 Million |
| Angus Energy PLC (ANGS) | $38.69 Million | -11.12% | 1.12x | $129.12K |
| Ascent Resources plc (AST) | $-468.00K | 0.00% | 0.00x | $48.10K |
| Block Energy PLC (BLOE) | $702.00K | 0.00% | 0.03x | $114.32K |
| Borders & Southern Petroleum plc (BOR) | $295.96 Million | -0.46% | 0.00x | $1.32 Million |
| Cadogan Petroleum plc (CAD) | $46.39 Million | -3.42% | 0.05x | $114.58K |
| Challenger Energy Group PLC (CEG) | $8.35 Million | -23.27% | 0.06x | $331.01K |
| Chariot Oil & Gas Limited (CHAR) | $148.25 Million | -10.05% | 0.01x | $558.20K |
| Clontarf Energy Plc (CLON) | $-1.23 Million | 0.00% | 0.00x | $18.44K |
About Serinus Energy
Serinus Energy plc, together with its subsidiaries, engages in the exploration, appraisal, and development of oil and gas properties in Tunisia and Romania. The company owns a 100% deemed working interest in the Satu Mare concession covering an area of approximately 729,000 gross acres situated within the Pannonian Basin, Romania. It also holds 45% interest in the Sabria concession, which covers … Read more