Cool Company Ltd
Cool Company Ltd. acquires, owns, operates, and charters liquefied natural gas carriers (LNGCs). As of December 31, 2024, it owned a fleet of twelve LNGCs, including seven modern tri-fuel diesel electric vessels; two modern 2-stroke and two TFDE vessels; one 2-stroke MEGA LNG carriers; and managed three LNGCs, and floating storage and regasification units for third parties. The company was founde… Read more
Cool Company Ltd (CLCO) - Net Assets
Latest net assets as of September 2025: $790.06 Million USD
Based on the latest financial reports, Cool Company Ltd (CLCO) has net assets worth $790.06 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 ($2.31 Billion) and total liabilities ($1.52 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 | $790.06 Million |
| % of Total Assets | 34.2% |
| Annual Growth Rate | 1.08% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 8.08 |
Cool Company Ltd - Net Assets Trend (2021–2024)
This chart illustrates how Cool Company Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Cool Company Ltd (2021–2024)
The table below shows the annual net assets of Cool Company Ltd from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $761.50 Million | -5.59% |
| 2023-12-31 | $806.58 Million | +12.73% |
| 2022-12-31 | $715.51 Million | -2.95% |
| 2021-12-31 | $737.26 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Cool Company Ltd'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 41998400000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $196.99 Million | 25.87% |
| Common Stock | $53.73 Million | 7.06% |
| Other Components | $510.78 Million | 67.08% |
| Total Equity | $761.50 Million | 100.00% |
Cool Company Ltd Competitors by Market Cap
The table below lists competitors of Cool Company Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nordrest Holding AB (publ)
ST:NREST
|
$145.98 Million |
|
FIRST COMMUNITY(S.C.) DL1
F:87Z
|
$146.09 Million |
|
OP Bancorp
NASDAQ:OPBK
|
$146.13 Million |
|
Huang Hsiang Construction Corp
TW:2545
|
$146.17 Million |
|
Suzhou Fushilai Pharmaceutical Co. Ltd.
SHE:301258
|
$145.83 Million |
|
Datalex plc
PINK:DLEXY
|
$145.82 Million |
|
Orsero S.p.A.
LSE:0YCG
|
$145.81 Million |
|
Prince Pipes And Fittings Limited
NSE:PRINCEPIPE
|
$145.74 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cool Company Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 735,990,000 to 761,500,000, a change of 25,510,000 (3.5%).
- Net income of 98,142,000 contributed positively to equity growth.
- Dividend payments of 74,109,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $98.14 Million | +12.89% |
| Dividends Paid | $74.11 Million | -9.73% |
| Other Changes | $1.48 Million | +0.19% |
| Total Change | $- | 3.47% |
Book Value vs Market Value Analysis
This analysis compares Cool Company Ltd'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: 0.68x
- 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 increased from 0.02x to 0.68x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | $557.19 | $9.67 | x |
| 2022-12-31 | $12.04 | $9.67 | x |
| 2023-12-31 | $13.71 | $9.67 | x |
| 2024-12-31 | $14.15 | $9.67 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cool Company Ltd 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): 12.89%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 30.43%
- • Asset Turnover: 0.14x
- • Equity Multiplier: 2.95x
- Recent ROE (12.89%) is below the historical average (13.38%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 3.88% | 13.49% | 0.11x | 2.59x | $-34.43 Million |
| 2022 | 13.01% | 38.17% | 0.11x | 3.18x | $19.44 Million |
| 2023 | 23.74% | 48.35% | 0.18x | 2.79x | $101.13 Million |
| 2024 | 12.89% | 30.43% | 0.14x | 2.95x | $21.99 Million |
Industry Comparison
This section compares Cool Company Ltd's net assets metrics with peer companies in the Oil & Gas Midstream industry.
Industry Context
- Industry: Oil & Gas Midstream
- Average net assets among peers: $1,105,790,951
- Average return on equity (ROE) among peers: -11.85%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Cool Company Ltd (CLCO) | $790.06 Million | 3.88% | 1.92x | $145.96 Million |
| Antero Midstream Partners LP (AM) | $1.34 Billion | 1.25% | 0.04x | $7.51 Billion |
| AltaGas Ltd (ATGFF) | $336.26 Million | 8.53% | 1.64x | $8.06 Billion |
| ATGPF (ATGPF) | $7.60 Billion | 3.72% | 1.84x | $4.11 Billion |
| Avance Gas Holding Ltd (AVACF) | $112.20 Million | -0.25% | 4.24x | $7.70K |
| CBL International Limited Ordinary Shares (BANL) | $8.43 Million | 42.35% | 2.20x | $3.34 Million |
| BP Prudhoe Bay Royalty Trust (BPT) | $340.19 Million | 9.33% | 0.00x | $2.99 Million |
| Brooge Holdings Ltd (BROG) | $125.13 Million | -65.77% | 1.46x | $32.39 Million |
| Brooge Energy Limited (BROGW) | $56.77 Million | -85.14% | 7.56x | $5.67K |
| Willow Biosciences Inc (CANSF) | $29.68 Million | -20.69% | 0.18x | $2.85 Million |