Crown LNG Holdings Limited Ordinary Shares (CGBS) - Net Assets
Based on the latest financial reports, Crown LNG Holdings Limited Ordinary Shares (CGBS) has net assets worth $2.15 Million USD as of June 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($18.35 Million) and total liabilities ($16.20 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. Check Crown LNG Holdings Limited Ordinary Shar (CGBS) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $2.15 Million |
| % of Total Assets | 11.71% |
| Annual Growth Rate | 2165.94% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 87137.07 |
Crown LNG Holdings Limited Ordinary Shares - Net Assets Trend (2020–2023)
This chart illustrates how Crown LNG Holdings Limited Ordinary Shares's net assets have evolved over time, based on quarterly financial data. Also explore CGBS total assets for the complete picture of this company's asset base.
Annual Net Assets for Crown LNG Holdings Limited Ordinary Shares (2020–2023)
The table below shows the annual net assets of Crown LNG Holdings Limited Ordinary Shares from 2020 to 2023. For live valuation and market cap data, see Crown LNG Holdings Limited Ordinary Shar (CGBS) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $222.60 Million | -23.99% |
| 2022-12-31 | $292.85 Million | +720.76% |
| 2021-12-31 | $35.68 Million | +185192.90% |
| 2020-12-31 | $19.26K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Crown LNG Holdings Limited Ordinary Shares'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 996260900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $190.00K | 0.09% |
| Other Comprehensive Income | $12.34 Million | 5.54% |
| Other Components | $220.13 Million | 98.85% |
| Total Equity | $222.69 Million | 100.00% |
Crown LNG Holdings Limited Ordinary Shares Competitors by Market Cap
The table below lists competitors of Crown LNG Holdings Limited Ordinary Shares ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Goldplat PLC
LSE:GDP
|
$296.11K |
|
CERTIVE SOLUTIONS INC.
F:5CE
|
$296.62K |
|
Wag! Group Co.
NASDAQ:PET
|
$299.36K |
|
SCRYB INC.
F:EIY
|
$301.47K |
|
TUT Fitness Group Inc
V:GYM
|
$292.84K |
|
TTA Holdings Ltd
AU:TTA
|
$291.71K |
|
Provexis plc
LSE:PXS
|
$291.14K |
|
Tongaat
JSE:TON
|
$290.09K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Crown LNG Holdings Limited Ordinary Shares's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 292,847,142 to 222,691,000, a change of -70,156,142 (-24.0%).
- Net loss of 6,190,000 reduced equity.
- Share repurchases of 282,903,643 reduced equity.
- New share issuances of 827,000 increased equity.
- Other comprehensive income increased equity by 7,843,000.
- Other factors increased equity by 210,267,501.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-6.19 Million | -2.78% |
| Share Repurchases | $282.90 Million | -127.04% |
| Share Issuances | $827.00K | +0.37% |
| Other Comprehensive Income | $7.84 Million | +3.52% |
| Other Changes | $210.27 Million | +94.42% |
| Total Change | $- | -23.96% |
Book Value vs Market Value Analysis
This analysis compares Crown LNG Holdings Limited Ordinary Shares'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: 0.00x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.23x to 0.00x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $0.00 | $0.00 | x |
| 2021-12-31 | $0.95 | $0.00 | x |
| 2022-12-31 | $9.49 | $0.00 | x |
| 2023-12-31 | $23.29 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Crown LNG Holdings Limited Ordinary Shares 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): -2.78%
- 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: 1.11x
- Recent ROE (-2.78%) is above the historical average (-10.46%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -29.83% | 0.00% | 0.00x | 4.48x | $-7.67K |
| 2021 | -13.20% | 0.00% | 0.00x | 1.48x | $-8.28 Million |
| 2022 | 3.97% | 0.00% | 0.00x | 1.04x | $-17.67 Million |
| 2023 | -2.78% | 0.00% | 0.00x | 1.11x | $-28.46 Million |
Industry Comparison
This section compares Crown LNG Holdings Limited Ordinary Shares's net assets metrics with peer companies in the Oil & Gas Integrated industry.
Industry Context
- Industry: Oil & Gas Integrated
- Average net assets among peers: $6,758,094,182,186
- Average return on equity (ROE) among peers: -10.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Crown LNG Holdings Limited Ordinary Shares (CGBS) | $2.15 Million | -29.83% | 7.54x | $293.65K |
| BP PLC ADR (BP) | $112.48 Billion | 22.85% | 1.59x | $119.34 Billion |
| Crown LNG Holdings Limited Warrants (CGBSW) | $14.89 Million | -181.71% | 1.10x | $2.23 Million |
| Chevron Corp (CVX) | $122.18 Billion | 22.01% | 0.71x | $372.46 Billion |
| Eni SpA ADR (E) | $50.05 Billion | 8.73% | 1.35x | $74.54 Billion |
| Ecopetrol SA ADR (EC) | $60.34 Trillion | 22.78% | 1.24x | $26.82 Billion |
| National Fuel Gas Company (NFG) | $1.44 Billion | 9.57% | 1.61x | $7.89 Billion |
| Shell PLC ADR (SHEL) | $192.60 Billion | 21.97% | 1.30x | $239.42 Billion |
| Sky Quarry Inc (SKYQ) | $16.38 Million | -16.57% | 0.64x | $8.46 Million |
| Stabilis Solutions Inc (SLNG) | $61.81 Million | 0.20% | 0.32x | $67.32 Million |
About Crown LNG Holdings Limited Ordinary Shares
Crown LNG Holdings Limited develops and delivers tailored offshore liquefied natural gas (LNG) liquefaction and regasification terminal infrastructure solutions for harsh weather locations. The company is based in St Helier, Jersey.