Pyxis Tankers Inc (PXSAW) - Net Assets
Based on the latest financial reports, Pyxis Tankers Inc (PXSAW) has net assets worth $98.14 Million USD as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($186.59 Million) and total liabilities ($88.45 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 Pyxis Tankers Inc tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $98.14 Million |
| % of Total Assets | 52.6% |
| Annual Growth Rate | 7.06% |
| 5-Year Change | 237.17% |
| 10-Year Change | 82.87% |
| Growth Volatility | 27.75 |
Pyxis Tankers Inc - Net Assets Trend (2012–2024)
This chart illustrates how Pyxis Tankers Inc's net assets have evolved over time, based on quarterly financial data. See how many days can Pyxis Tankers Inc fund operations to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Pyxis Tankers Inc (2012–2024)
The table below shows the annual net assets of Pyxis Tankers Inc from 2012 to 2024. For live valuation and market cap data, see Pyxis Tankers Inc (PXSAW) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $99.66 Million | -1.18% |
| 2023-12-31 | $100.86 Million | +64.34% |
| 2022-12-31 | $61.37 Million | +25.63% |
| 2021-12-31 | $48.85 Million | +65.27% |
| 2020-12-31 | $29.56 Million | -7.63% |
| 2019-12-31 | $32.00 Million | -19.89% |
| 2018-12-31 | $39.94 Million | -17.05% |
| 2017-12-31 | $48.16 Million | -1.22% |
| 2016-12-31 | $48.75 Million | -10.54% |
| 2015-12-31 | $54.50 Million | +1.11% |
| 2014-12-31 | $53.90 Million | -0.77% |
| 2013-12-31 | $54.32 Million | +23.63% |
| 2012-12-31 | $43.94 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Pyxis Tankers 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 324100000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $11.00K | 0.01% |
| Other Components | $98.03 Million | 104.99% |
| Total Equity | $93.38 Million | 100.00% |
Pyxis Tankers Inc Competitors by Market Cap
The table below lists competitors of Pyxis Tankers Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Carbon Revolution Public Limited Ordinary Shares
NASDAQ:CREV
|
$192.78 |
|
Ordinary Fully Paid Deferred Settlement
AU:EDEDA
|
$202.02 |
|
Lixte Biotechnology Holdings Inc
NASDAQ:LIXTW
|
$218.86 |
|
Spiritus Mundi PLC
LSE:SPMU
|
$224.94 |
|
Housing Development and Infrastructure Limited
NSE:HDIL
|
$188.16 |
|
Ordinary Fully Paid Deferred Settlement
AU:ADDDB
|
$182.20 |
|
Lucy Scientific Discovery Inc.
NASDAQ:LSDIF
|
$176.48 |
|
Ethernity Networks Ltd
LSE:ENET
|
$170.34 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pyxis Tankers Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 96,540,000 to 93,376,000, a change of -3,164,000 (-3.3%).
- Net income of 12,868,000 contributed positively to equity growth.
- Dividend payments of 8,080,000 reduced retained earnings.
- Share repurchases of 1,486,000 reduced equity.
- Other factors decreased equity by 6,466,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $12.87 Million | +13.78% |
| Dividends Paid | $8.08 Million | -8.65% |
| Share Repurchases | $1.49 Million | -1.59% |
| Other Changes | $-6.47 Million | -6.92% |
| Total Change | $- | -3.28% |
Book Value vs Market Value Analysis
This analysis compares Pyxis Tankers 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: 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | $9.79 | $0.02 | x |
| 2013-12-31 | $12.10 | $0.02 | x |
| 2014-12-31 | $12.01 | $0.02 | x |
| 2015-12-31 | $11.93 | $0.02 | x |
| 2016-12-31 | $10.67 | $0.02 | x |
| 2017-12-31 | $10.43 | $0.02 | x |
| 2018-12-31 | $7.65 | $0.02 | x |
| 2019-12-31 | $6.02 | $0.02 | x |
| 2020-12-31 | $4.66 | $0.02 | x |
| 2021-12-31 | $5.06 | $0.02 | x |
| 2022-12-31 | $4.86 | $0.02 | x |
| 2023-12-31 | $7.67 | $0.02 | x |
| 2024-12-31 | $8.87 | $0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pyxis Tankers 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): 13.78%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 24.97%
- • Asset Turnover: 0.27x
- • Equity Multiplier: 2.02x
- Recent ROE (13.78%) is above the historical average (-8.32%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 2.64% | 5.48% | 0.19x | 2.59x | $-3.23 Million |
| 2013 | 2.93% | 7.24% | 0.15x | 2.65x | $-3.84 Million |
| 2014 | -35.70% | -69.32% | 0.22x | 2.32x | $-24.63 Million |
| 2015 | 6.42% | 10.54% | 0.23x | 2.60x | $-1.95 Million |
| 2016 | -11.92% | -18.93% | 0.23x | 2.68x | $-10.69 Million |
| 2017 | -10.89% | -17.58% | 0.24x | 2.59x | $-10.06 Million |
| 2018 | -20.56% | -28.86% | 0.24x | 2.92x | $-12.21 Million |
| 2019 | -44.08% | -50.82% | 0.26x | 3.40x | $-17.30 Million |
| 2020 | -39.03% | -53.13% | 0.23x | 3.15x | $-14.49 Million |
| 2021 | -31.98% | -61.65% | 0.18x | 2.92x | $-20.51 Million |
| 2022 | 21.82% | 22.95% | 0.42x | 2.26x | $7.25 Million |
| 2023 | 38.36% | 81.46% | 0.27x | 1.72x | $27.38 Million |
| 2024 | 13.78% | 24.97% | 0.27x | 2.02x | $3.53 Million |
Industry Comparison
This section compares Pyxis Tankers Inc's net assets metrics with peer companies in the Oil & Gas Midstream industry.
Industry Context
- Industry: Oil & Gas Midstream
- Average net assets among peers: $747,630,185
- Average return on equity (ROE) among peers: -7.61%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pyxis Tankers Inc (PXSAW) | $98.14 Million | 2.64% | 0.90x | $190.82 |
| Antero Midstream Partners LP (AM) | $15.61 Million | 46.54% | 0.91x | $10.12 Billion |
| CBL International Limited Ordinary Shares (BANL) | $22.77 Million | -16.41% | 2.04x | $11.08 Million |
| BP Prudhoe Bay Royalty Trust (BPT) | $22.63 Million | 53.94% | 0.02x | $2.99 Million |
| Brooge Holdings Ltd (BROG) | $56.77 Million | -85.14% | 7.56x | $284.93 Million |
| BW LPG Limited (BWLP) | $1.93 Billion | 12.95% | 0.64x | $2.92 Billion |
| Cheniere Energy Partners LP (CQP) | $443.05 Million | -38.60% | 34.08x | $28.46 Billion |
| Cheniere Energy Partners LP (CQP) | $712.93 Million | -44.74% | 17.00x | $25.77 Billion |
| DHT Holdings Inc (DHT) | $181.00 Million | -51.96% | 1.21x | $2.56 Billion |
| Dynagas LNG Partners LP (DLNG) | $75.17 Million | 39.69% | 5.34x | $133.52 Million |
| DT Midstream Inc (DTM) | $4.02 Billion | 7.63% | 1.03x | $12.24 Billion |
About Pyxis Tankers Inc
Pyxis Tankers Inc. operates as a maritime transportation company with a focus on the tanker and dry-bulk sectors in the United States and internationally. It operates through two segments: Tanker Vessels and Dry-Bulk Vessels. The company's fleet transports refined petroleum products, such as naphtha, gasoline, jet fuel, kerosene, diesel, and fuel oil, as well as other liquid bulk items, including… Read more