MARATHON RESOURCES
Leigh Creek Energy Limited operates as an energy company in Australia. The company explores for coal and synthesis gas comprising methane, hydrogen, and carbon monoxide to produce hydrogen, and ammonia or urea. Its flagship project is the Leigh Creek Energy project located to the north of Adelaide, South Australia. The company was formerly known as Marathon Resources Limited and changed its name … Read more
MARATHON RESOURCES (LVT) - Net Assets
Latest net assets as of June 2024: €73.02 Million EUR
Based on the latest financial reports, MARATHON RESOURCES (LVT) has net assets worth €73.02 Million EUR as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€129.32 Million) and total liabilities (€56.30 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 | €73.02 Million |
| % of Total Assets | 56.46% |
| Annual Growth Rate | 27.0% |
| 5-Year Change | 113.77% |
| 10-Year Change | N/A |
| Growth Volatility | 24.86 |
MARATHON RESOURCES - Net Assets Trend (2016–2024)
This chart illustrates how MARATHON RESOURCES's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for MARATHON RESOURCES (2016–2024)
The table below shows the annual net assets of MARATHON RESOURCES from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | €73.02 Million | +0.36% |
| 2023-06-30 | €72.75 Million | +28.80% |
| 2022-06-30 | €56.49 Million | +10.11% |
| 2021-06-30 | €51.30 Million | +50.20% |
| 2020-06-30 | €34.16 Million | +14.83% |
| 2019-06-30 | €29.75 Million | +17.19% |
| 2018-06-30 | €25.38 Million | +83.56% |
| 2017-06-30 | €13.83 Million | +28.19% |
| 2016-06-30 | €10.79 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to MARATHON RESOURCES'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 8385930100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €179.85 Million | 246.30% |
| Total Equity | €73.02 Million | 100.00% |
MARATHON RESOURCES Competitors by Market Cap
The table below lists competitors of MARATHON RESOURCES ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dae Chang
KO:012800
|
$42.19 Million |
|
City Chic Collective Limited
PINK:CCCHF
|
$42.19 Million |
|
Suyog Telematics Limited
NSE:SUYOG
|
$42.21 Million |
|
Tecnotree Oyj
HE:TEM1V
|
$42.21 Million |
|
Syntec Construction Public Company Limited
BK:SYNTEC
|
$42.18 Million |
|
Peoples Ltd
PINK:PPLL
|
$42.17 Million |
|
TCSIF
OTCGREY:TCSIF
|
$42.17 Million |
|
VOC Energy Trust
NYSE:VOC
|
$42.15 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MARATHON RESOURCES's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 72,753,810 to 73,018,511, a change of 264,701 (0.4%).
- Net loss of 5,603,806 reduced equity.
- Share repurchases of 247,251 reduced equity.
- New share issuances of 2,721,157 increased equity.
- Other factors increased equity by 3,394,601.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-5.60 Million | -7.67% |
| Share Repurchases | €247.25K | -0.34% |
| Share Issuances | €2.72 Million | +3.73% |
| Other Changes | €3.39 Million | +4.65% |
| Total Change | €- | 0.36% |
Book Value vs Market Value Analysis
This analysis compares MARATHON RESOURCES'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: 1.93x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.78x to 1.93x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-06-30 | €0.04 | €0.07 | x |
| 2018-06-30 | €0.06 | €0.07 | x |
| 2019-06-30 | €0.05 | €0.07 | x |
| 2020-06-30 | €0.05 | €0.07 | x |
| 2021-06-30 | €0.06 | €0.07 | x |
| 2022-06-30 | €0.06 | €0.07 | x |
| 2023-06-30 | €0.06 | €0.07 | x |
| 2024-06-30 | €0.04 | €0.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MARATHON RESOURCES 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): -7.67%
- 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: 1.77x
- Recent ROE (-7.67%) is above the historical average (-28.97%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -49.75% | 0.00% | 0.00x | 1.07x | €-6.44 Million |
| 2017 | -41.65% | 0.00% | 0.00x | 1.25x | €-7.14 Million |
| 2018 | -23.71% | 0.00% | 0.00x | 1.40x | €-8.56 Million |
| 2019 | -32.05% | 0.00% | 0.00x | 1.18x | €-12.51 Million |
| 2020 | -20.95% | 0.00% | 0.00x | 1.05x | €-10.57 Million |
| 2021 | -26.46% | 0.00% | 0.00x | 1.08x | €-18.70 Million |
| 2022 | -36.11% | 0.00% | 0.00x | 1.62x | €-26.05 Million |
| 2023 | -22.35% | 0.00% | 0.00x | 1.77x | €-23.54 Million |
| 2024 | -7.67% | 0.00% | 0.00x | 1.77x | €-12.91 Million |
Industry Comparison
This section compares MARATHON RESOURCES's net assets metrics with peer companies in the Oil & Gas Midstream industry.
Industry Context
- Industry: Oil & Gas Midstream
- Average net assets among peers: $3,012,219,167
- Average return on equity (ROE) among peers: -4878.89%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MARATHON RESOURCES (LVT) | €73.02 Million | -49.75% | 0.77x | $42.18 Million |
| HENGYANG PETROCHEM (5HY.SG) (5HY) | $571.85 Million | 3.31% | 0.00x | $3.68 Million |
| D0X (D0X) | $29.68 Million | -20.69% | 0.18x | $51.79 Million |
| Byhmgard AB (publ) (EF8) | $402.00K | -29235.07% | 73.37x | $150.40 |
| Sinopec Kantons Holdings Limited (SAK) | $15.40 Billion | 6.82% | 0.03x | $453.50 Million |
| Royal Vopak N.V (VPK5) | $1.93 Billion | 16.52% | 1.50x | $2.80 Billion |
| AB Klaipedos nafta (XIC) | $144.71 Million | -44.23% | 2.95x | $26.14 Million |