STATOIL
STATOIL operates in Diversified Metals & Mining.
STATOIL (DNQ) - Net Assets
Latest net assets as of September 2024: €44.38 Billion EUR
Based on the latest financial reports, STATOIL (DNQ) has net assets worth €44.38 Billion EUR as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€135.12 Billion) and total liabilities (€90.73 Billion). 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 | €44.38 Billion |
| % of Total Assets | 32.85% |
| Annual Growth Rate | 4.73% |
| 5-Year Change | 17.84% |
| 10-Year Change | N/A |
| Growth Volatility | 17.39 |
STATOIL - Net Assets Trend (2016–2023)
This chart illustrates how STATOIL's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for STATOIL (2016–2023)
The table below shows the annual net assets of STATOIL from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €48.50 Billion | -10.17% |
| 2022-12-31 | €53.99 Billion | +38.35% |
| 2021-12-31 | €39.02 Billion | +15.14% |
| 2020-12-31 | €33.89 Billion | -17.66% |
| 2019-12-31 | €41.16 Billion | -4.26% |
| 2018-12-31 | €42.99 Billion | +7.78% |
| 2017-12-31 | €39.88 Billion | +13.64% |
| 2016-12-31 | €35.10 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to STATOIL'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 73.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €56.52 Billion | 116.56% |
| Total Equity | €48.49 Billion | 100.00% |
STATOIL Competitors by Market Cap
The table below lists competitors of STATOIL ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Synel M.L.L Payway Ltd
TA:SNEL
|
$277.66K |
|
Trendline
TA:TREN
|
$277.77K |
|
Rathbone Brothers PLC
LSE:RAT
|
$277.87K |
|
Able View Global Inc. Warrant
NASDAQ:ABLVW
|
$277.93K |
|
NATIONAL AUSTRAL BK
MU:NAL
|
$277.38K |
|
Redwood Pharma AB
ST:REDW
|
$277.13K |
|
MICHELIN NOM. EO -50
F:MCHA
|
$277.13K |
|
ARK Venture Fund
NMFQS:ARKVX
|
$277.12K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in STATOIL's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 53,988,000,000 to 48,490,000,000, a change of -5,498,000,000 (-10.2%).
- Net income of 11,885,000,000 contributed positively to equity growth.
- Dividend payments of 10,906,000,000 reduced retained earnings.
- Share repurchases of 5,589,000,000 reduced equity.
- Other factors decreased equity by 888,000,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €11.88 Billion | +24.51% |
| Dividends Paid | €10.91 Billion | -22.49% |
| Share Repurchases | €5.59 Billion | -11.53% |
| Other Changes | €-888.00 Million | -1.83% |
| Total Change | €- | -10.18% |
Book Value vs Market Value Analysis
This analysis compares STATOIL'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: 1.79x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.46x to 1.79x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €11.99 | €29.54 | x |
| 2018-12-31 | €12.91 | €29.54 | x |
| 2019-12-31 | €12.45 | €29.54 | x |
| 2020-12-31 | €10.43 | €29.54 | x |
| 2021-12-31 | €12.07 | €29.54 | x |
| 2022-12-31 | €17.29 | €29.54 | x |
| 2023-12-31 | €16.47 | €29.54 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently STATOIL 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): 24.51%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.12%
- • Asset Turnover: 0.74x
- • Equity Multiplier: 2.96x
- Recent ROE (24.51%) is above the historical average (13.58%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -8.33% | -6.40% | 0.44x | 2.98x | €-6.43 Billion |
| 2017 | 11.52% | 7.53% | 0.55x | 2.79x | €603.90 Million |
| 2018 | 17.54% | 9.59% | 0.70x | 2.62x | €3.24 Billion |
| 2019 | 4.48% | 2.93% | 0.53x | 2.87x | €-2.27 Billion |
| 2020 | -16.27% | -12.04% | 0.37x | 3.68x | €-8.90 Billion |
| 2021 | 21.95% | 9.65% | 0.60x | 3.77x | €4.66 Billion |
| 2022 | 53.25% | 19.29% | 0.94x | 2.93x | €23.35 Billion |
| 2023 | 24.51% | 11.12% | 0.74x | 2.96x | €7.04 Billion |
Industry Comparison
This section compares STATOIL's net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $114,212,818,724
- Average return on equity (ROE) among peers: -9.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| STATOIL (DNQ) | €44.38 Billion | -8.33% | 2.04x | $277.42K |
| HORIBA (01H) | $204.49 Billion | 10.42% | 0.82x | $989.01K |
| Tokyu Corporation (01T) | $779.37 Billion | 3.34% | 2.35x | $99.73K |
| GUANGZHOU AUTO -H- (02G) | $122.28 Billion | 6.59% | 0.55x | $4.05K |
| MOSAIC (02M) | $10.60 Billion | 4.43% | 0.90x | $280.83K |
| MOSAIC (02M.SG) (02M) | $9.56 Billion | 10.46% | 0.82x | $247.21K |
| CHINA JO-JO DRGSTRS (04CN.SG) (04CN) | $16.67 Million | -126.83% | 4.46x | $1.55 Million |
| KRAKATAU STEEL -B- (07K) | $552.59 Million | 3.52% | 4.72x | $166.99 |
| CN MODERN DAIRY (07M) | $7.12 Billion | -10.42% | 1.50x | $1.68K |
| TOURMALINE OIL (08T) | $7.22 Billion | 4.81% | 0.41x | $381.02K |
| ASIA CASSAVA RESOUR (0ACS) | $913.15 Million | 2.86% | 1.55x | $325.03 |