Surya Oil & Gas Corp. (SURY) - Net Assets
Based on the latest financial reports, Surya Oil & Gas Corp. (SURY) has net assets worth $44.46 Million USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($46.46 Million) and total liabilities ($2.00 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. Read Surya Oil & Gas Corp. total liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $44.46 Million |
| % of Total Assets | 95.69% |
| Annual Growth Rate | 120.04% |
| 5-Year Change | 58.56% |
| 10-Year Change | 149.37% |
| Growth Volatility | 31946.24 |
Surya Oil & Gas Corp. - Net Assets Trend (2013–2023)
This chart illustrates how Surya Oil & Gas Corp.'s net assets have evolved over time, based on quarterly financial data. Also explore Surya Oil & Gas Corp. (SURY) total assets for the complete picture of this company's asset base.
Annual Net Assets for Surya Oil & Gas Corp. (2013–2023)
The table below shows the annual net assets of Surya Oil & Gas Corp. from 2013 to 2023. For live valuation and market cap data, see Surya Oil & Gas Corp. (SURY) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $84.24 Million | -8.07% |
| 2022-12-31 | $91.64 Million | +25.69% |
| 2021-12-31 | $72.91 Million | +2.17% |
| 2020-12-31 | $71.36 Million | +34.31% |
| 2019-12-31 | $53.13 Million | +59.55% |
| 2018-12-31 | $33.30 Million | -1.20% |
| 2017-12-31 | $33.70 Million | -0.33% |
| 2016-12-31 | $33.82 Million | -0.15% |
| 2015-12-31 | $33.87 Million | +0.25% |
| 2014-12-31 | $33.78 Million | +106499.92% |
| 2013-12-31 | $31.69K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Surya Oil & Gas Corp.'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 3178482800.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $31.78 Million | 37.73% |
| Common Stock | $20.15K | 0.02% |
| Other Comprehensive Income | $-20.15K | -0.02% |
| Other Components | $52.46 Million | 62.27% |
| Total Equity | $84.24 Million | 100.00% |
Surya Oil & Gas Corp. Competitors by Market Cap
The table below lists competitors of Surya Oil & Gas Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Visible Gold Mines Inc
V:VGD
|
$4.84 Million |
|
KC Property PLC
BK:KC
|
$4.84 Million |
|
Purple Biotech Ltd
TA:PPBT
|
$4.84 Million |
|
Kane Biotech Inc
V:KNE
|
$4.84 Million |
|
Whitebark Energy Ltd
AU:WBE
|
$4.83 Million |
|
Chiangmai Rimdoi Public Company Limited
BK:CRD
|
$4.83 Million |
|
Pittler Maschinenfabrik AG
F:PIT
|
$4.83 Million |
|
Strategem Capital Corp
V:SGE
|
$4.83 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Surya Oil & Gas Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 91,641,650 to 84,244,000, a change of -7,397,650 (-8.1%).
- Net income of 11,501,687 contributed positively to equity growth.
- Other comprehensive income decreased equity by 91,616,967.
- Other factors increased equity by 72,717,630.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $11.50 Million | +13.65% |
| Other Comprehensive Income | $-91.62 Million | -108.75% |
| Other Changes | $72.72 Million | +86.32% |
| Total Change | $- | -8.07% |
Book Value vs Market Value Analysis
This analysis compares Surya Oil & Gas Corp.'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: 0.02x
- 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 |
|---|---|---|---|
| 2013-12-31 | $2.25 | $0.01 | x |
| 2014-12-31 | $936.15 | $0.01 | x |
| 2015-12-31 | $495.84 | $0.01 | x |
| 2016-12-31 | $323.66 | $0.01 | x |
| 2017-12-31 | $308.98 | $0.01 | x |
| 2018-12-31 | $305.27 | $0.01 | x |
| 2019-12-31 | $487.06 | $0.01 | x |
| 2020-12-31 | $4.69 | $0.01 | x |
| 2021-12-31 | $3.41 | $0.01 | x |
| 2022-12-31 | $1.34 | $0.01 | x |
| 2023-12-31 | $0.42 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Surya Oil & Gas Corp. 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): 13.65%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 54.47%
- • Asset Turnover: 0.25x
- • Equity Multiplier: 1.02x
- Recent ROE (13.65%) is above the historical average (3.85%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 0.73% | 112.39% | 0.01x | 1.00x | $-2.94K |
| 2014 | 0.74% | 28.36% | 0.03x | 1.01x | $-3.13 Million |
| 2015 | 0.80% | 21.54% | 0.04x | 1.01x | $-3.12 Million |
| 2016 | 0.70% | 20.24% | 0.03x | 1.01x | $-3.14 Million |
| 2017 | 0.78% | 17.87% | 0.04x | 1.02x | $-3.11 Million |
| 2018 | -0.24% | -9.21% | 0.03x | 1.02x | $-3.41 Million |
| 2019 | 0.06% | 1.05% | 0.06x | 1.02x | $-5.28 Million |
| 2020 | 4.17% | 31.22% | 0.13x | 1.02x | $-4.16 Million |
| 2021 | 10.47% | 41.92% | 0.25x | 1.02x | $345.77K |
| 2022 | 10.52% | 46.99% | 0.22x | 1.01x | $477.13K |
| 2023 | 13.65% | 54.47% | 0.25x | 1.02x | $3.08 Million |
Industry Comparison
This section compares Surya Oil & Gas Corp.'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: $1,523,788,582
- Average return on equity (ROE) among peers: -0.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Surya Oil & Gas Corp. (SURY) | $44.46 Million | 0.73% | 0.05x | $4.84 Million |
| Amplify Energy Corp (AMPY) | $-1.33 Billion | 0.00% | 0.00x | $225.45 Million |
| AleAnna, Inc. Class A Common Stock (ANNA) | $-14.85 Million | 0.00% | 0.00x | $105.31 Million |
| APA Corporation (APA) | $125.80 Million | -64.31% | 3.01x | $9.63 Billion |
| Antero Resources Corp (AR) | $8.49 Billion | -4.68% | 0.83x | $10.72 Billion |
| Battalion Oil Corp (BATL) | $1.77 Billion | 17.83% | 2.63x | $41.80 Million |
| BKV Corporation (BKV) | $985.14 Million | -4.40% | 0.36x | $3.02 Billion |
| Barnwell Industries Inc (BRN) | $20.47 Million | 11.34% | 1.56x | $11.33 Million |
| Berry Petroleum Corp (BRY) | $172.06 Million | 17.45% | 0.50x | $253.00 Million |
| Black Stone Minerals LP (BSM) | $1.10 Billion | 19.54% | 0.41x | $2.98 Billion |
| Chord Energy Corp (CHRD) | $3.92 Billion | -0.90% | 0.99x | $5.96 Billion |
About Surya Oil & Gas Corp.
Surya Oil and Gas Corp. focuses on acquiring traditional oil and gas opportunities and energy transition materials. It focuses on mining opportunities in copper, lithium, and gold, as well as other precious and rare earth metals. The company was formerly known as Cunningham Natural Resources Corp and changed its name to Surya Oil and Gas Corp. in July 2025. Surya Oil and Gas Corp. is based in Cha… Read more