PermRock Royalty Trust (PRT) - Net Assets
Based on the latest financial reports, PermRock Royalty Trust (PRT) has net assets worth $70.29 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 ($70.67 Million) and total liabilities ($378.83K). 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 PermRock Royalty Trust (PRT) tangible net worth to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $70.29 Million |
| % of Total Assets | 99.46% |
| Annual Growth Rate | 1.29% |
| 5-Year Change | -17.47% |
| 10-Year Change | N/A |
| Growth Volatility | 22.4 |
PermRock Royalty Trust - Net Assets Trend (2016–2024)
This chart illustrates how PermRock Royalty Trust's net assets have evolved over time, based on quarterly financial data. See PermRock Royalty Trust (PRT) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for PermRock Royalty Trust (2016–2024)
The table below shows the annual net assets of PermRock Royalty Trust from 2016 to 2024. For live valuation and market cap data, see PRT market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $73.38 Million | -4.55% |
| 2023-12-31 | $76.88 Million | -5.14% |
| 2022-12-31 | $81.04 Million | -4.46% |
| 2021-12-31 | $84.82 Million | -4.60% |
| 2020-12-31 | $88.92 Million | -0.81% |
| 2019-12-31 | $89.64 Million | -2.76% |
| 2018-12-31 | $92.19 Million | -13.93% |
| 2017-12-31 | $107.11 Million | +61.69% |
| 2016-12-31 | $66.24 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to PermRock Royalty Trust'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 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $72.38 Million | 98.64% |
| Other Comprehensive Income | $1.00 Million | 1.36% |
| Total Equity | $73.38 Million | 100.00% |
PermRock Royalty Trust Competitors by Market Cap
The table below lists competitors of PermRock Royalty Trust ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sc Engineering
KO:023960
|
$28.23 Million |
|
CrystalGenomics Inc
KQ:083790
|
$28.24 Million |
|
Techstep ASA
OL:TECH
|
$28.24 Million |
|
Lung Ming Green Energy Technology Engineering Co Ltd
TW:3018
|
$28.26 Million |
|
Minesto AB
ST:MINEST
|
$28.21 Million |
|
Unlimited Travel Group UTG AB (publ)
ST:UTG
|
$28.21 Million |
|
Tikun Olam Cannbit Pharmaceuticals Ltd
TA:TKUN
|
$28.21 Million |
|
Obducat AB (publ)
F:OBD
|
$28.20 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PermRock Royalty Trust's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 76,876,170 to 73,379,939, a change of -3,496,231 (-4.5%).
- Net income of 5,161,498 contributed positively to equity growth.
- Other factors decreased equity by 8,657,729.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $5.16 Million | +7.03% |
| Other Changes | $-8.66 Million | -11.8% |
| Total Change | $- | -4.55% |
Book Value vs Market Value Analysis
This analysis compares PermRock Royalty Trust'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: 0.38x
- 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 |
|---|---|---|---|
| 2016-12-31 | $5.45 | $2.32 | x |
| 2017-12-31 | $8.80 | $2.32 | x |
| 2018-12-31 | $7.58 | $2.32 | x |
| 2019-12-31 | $7.37 | $2.32 | x |
| 2020-12-31 | $7.31 | $2.32 | x |
| 2021-12-31 | $6.97 | $2.32 | x |
| 2022-12-31 | $6.66 | $2.32 | x |
| 2023-12-31 | $6.32 | $2.32 | x |
| 2024-12-31 | $6.03 | $2.32 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PermRock Royalty Trust 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): 7.03%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 85.76%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 1.01x
- Recent ROE (7.03%) is above the historical average (6.27%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -9.33% | -35.17% | 0.15x | 1.80x | $-12.80 Million |
| 2017 | -2.24% | -7.57% | 0.26x | 1.12x | $-13.11 Million |
| 2018 | 16.91% | 96.00% | 0.17x | 1.02x | $6.37 Million |
| 2019 | 9.86% | 84.58% | 0.12x | 1.01x | $-126.01K |
| 2020 | 2.15% | 59.92% | 0.04x | 1.00x | $-6.98 Million |
| 2021 | 8.69% | 90.50% | 0.10x | 1.01x | $-1.11 Million |
| 2022 | 15.18% | 93.37% | 0.16x | 1.01x | $4.20 Million |
| 2023 | 8.15% | 87.14% | 0.09x | 1.00x | $-1.43 Million |
| 2024 | 7.03% | 85.76% | 0.08x | 1.01x | $-2.18 Million |
Industry Comparison
This section compares PermRock Royalty Trust'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: $1,116,734,882
- Average return on equity (ROE) among peers: 11.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PermRock Royalty Trust (PRT) | $70.29 Million | -9.33% | 0.01x | $28.22 Million |
| Amplify Energy Corp (AMPY) | $465.86 Million | 25.10% | 4.31x | $167.17 Million |
| AleAnna, Inc. Class A Common Stock (ANNA) | $-14.85 Million | 0.00% | 0.00x | $105.31 Million |
| APA Corporation (APA) | $2.67 Billion | 7.52% | 1.06x | $11.68 Billion |
| Antero Resources Corp (AR) | $1.96 Billion | 20.05% | 0.93x | $10.29 Billion |
| Battalion Oil Corp (BATL) | $1.07 Billion | 49.97% | 0.53x | $31.10 Million |
| BKV Corporation (BKV) | $754.94 Million | -18.31% | 1.15x | $2.69 Billion |
| Barnwell Industries Inc (BRN) | $55.31 Million | 6.36% | 1.25x | $15.66 Million |
| Berry Petroleum Corp (BRY) | $827.54 Million | 16.14% | 2.07x | $253.00 Million |
| Black Stone Minerals LP (BSM) | $1.06 Billion | 11.50% | 0.17x | $2.83 Billion |
| Chord Energy Corp (CHRD) | $2.32 Billion | -1.74% | 1.44x | $5.96 Billion |
About PermRock Royalty Trust
PermRock Royalty Trust operates as a statutory trust in the United States. The company owns interests in the oil and natural gas producing properties. Its underlying properties consist of 22,394 net acres located in the Permian Basin. The company was incorporated in 2017 and is based in Dallas, Texas.