San Juan Basin Royalty Trust
San Juan Basin Royalty Trust operates as an express trust in Texas. The company has a 75% net overriding royalty interest in Southland's oil and natural gas interests in properties located in the San Juan Basin in northwestern New Mexico. It also owns subject interests consist of working interests, royalty interests, overriding royalty interests, and other contractual rights in 119,000 net-produc… Read more
San Juan Basin Royalty Trust (SJT) - Net Assets
Latest net assets as of September 2025: $2.40 Million USD
Based on the latest financial reports, San Juan Basin Royalty Trust (SJT) has net assets worth $2.40 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 ($2.71 Million) and total liabilities ($303.30K). 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 | $2.40 Million |
| % of Total Assets | 88.79% |
| Annual Growth Rate | -10.65% |
| 5-Year Change | -47.74% |
| 10-Year Change | -69.31% |
| Growth Volatility | 4.55 |
San Juan Basin Royalty Trust - Net Assets Trend (1995–2024)
This chart illustrates how San Juan Basin Royalty Trust's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for San Juan Basin Royalty Trust (1995–2024)
The table below shows the annual net assets of San Juan Basin Royalty Trust from 1995 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $2.68 Million | -2.75% |
| 2023-12-31 | $2.75 Million | -7.26% |
| 2022-12-31 | $2.97 Million | -19.57% |
| 2021-12-31 | $3.69 Million | -27.97% |
| 2020-12-31 | $5.12 Million | -6.02% |
| 2019-12-31 | $5.45 Million | -6.72% |
| 2018-12-31 | $5.84 Million | -11.14% |
| 2017-12-31 | $6.58 Million | -15.51% |
| 2016-12-31 | $7.78 Million | -10.77% |
| 2015-12-31 | $8.72 Million | -6.82% |
| 2014-12-31 | $9.36 Million | -14.64% |
| 2013-12-31 | $10.97 Million | -9.82% |
| 2012-12-31 | $12.16 Million | -7.47% |
| 2011-12-31 | $13.15 Million | -10.86% |
| 2010-12-31 | $14.75 Million | -12.45% |
| 2009-12-31 | $16.84 Million | -6.85% |
| 2008-12-31 | $18.08 Million | -9.04% |
| 2007-12-31 | $19.88 Million | -8.90% |
| 2006-12-31 | $21.82 Million | -8.62% |
| 2005-12-31 | $23.88 Million | -10.47% |
| 2004-12-31 | $26.67 Million | -10.56% |
| 2003-12-31 | $29.82 Million | -11.50% |
| 2002-12-31 | $33.70 Million | -10.99% |
| 2001-12-31 | $37.86 Million | -6.95% |
| 2000-12-31 | $40.69 Million | -9.96% |
| 1999-12-31 | $45.19 Million | -11.55% |
| 1998-12-31 | $51.09 Million | -8.97% |
| 1997-12-31 | $56.12 Million | -10.65% |
| 1996-12-31 | $62.81 Million | -10.44% |
| 1995-12-31 | $70.13 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to San Juan Basin 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 | $2.68 Million | 100.00% |
| Total Equity | $2.68 Million | 100.00% |
San Juan Basin Royalty Trust Competitors by Market Cap
The table below lists competitors of San Juan Basin Royalty Trust ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Duni AB
ST:DUNI
|
$199.49 Million |
|
Fujian SBS Zipper Science Tech
SHE:002098
|
$199.49 Million |
|
Barrett Business Services Inc
NASDAQ:BBSI
|
$199.53 Million |
|
Linklogis Inc.
PINK:LNKLF
|
$199.68 Million |
|
Focus Hotmelt Co. Ltd. A
SHE:301283
|
$199.46 Million |
|
Suzhou Wanxiang Technology Co. Ltd.
SHE:301180
|
$199.42 Million |
|
Indian Metals & Ferro Alloys Limited
NSE:IMFA
|
$199.40 Million |
|
Gannett Co Inc
NYSE:GCI
|
$199.39 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in San Juan Basin Royalty Trust's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,753,249 to 2,677,617, a change of -75,632 (-2.7%).
- Net income of 5,158,000 contributed positively to equity growth.
- Dividend payments of 5,158,230 reduced retained earnings.
- Other factors decreased equity by 75,402.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $5.16 Million | +192.63% |
| Dividends Paid | $5.16 Million | -192.64% |
| Other Changes | $-75.40K | -2.82% |
| Total Change | $- | -2.75% |
Book Value vs Market Value Analysis
This analysis compares San Juan Basin 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: 85.99x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 2.11x to 85.99x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1985-12-31 | $2.34 | $4.94 | x |
| 1986-12-31 | $2.25 | $4.94 | x |
| 1987-12-31 | $2.15 | $4.94 | x |
| 1988-12-31 | $2.12 | $4.94 | x |
| 1989-12-31 | $2.06 | $4.94 | x |
| 1990-12-31 | $2.04 | $4.94 | x |
| 1991-12-31 | $1.99 | $4.94 | x |
| 1992-12-31 | $1.89 | $4.94 | x |
| 1993-12-31 | $1.71 | $4.94 | x |
| 1994-12-31 | $1.61 | $4.94 | x |
| 1995-12-31 | $1.50 | $4.94 | x |
| 1996-12-31 | $1.35 | $4.94 | x |
| 1997-12-31 | $1.20 | $4.94 | x |
| 1998-12-31 | $1.10 | $4.94 | x |
| 1999-12-31 | $0.97 | $4.94 | x |
| 2000-12-31 | $0.87 | $4.94 | x |
| 2001-12-31 | $0.81 | $4.94 | x |
| 2002-12-31 | $0.72 | $4.94 | x |
| 2003-12-31 | $0.64 | $4.94 | x |
| 2004-12-31 | $0.57 | $4.94 | x |
| 2005-12-31 | $0.51 | $4.94 | x |
| 2006-12-31 | $0.47 | $4.94 | x |
| 2007-12-31 | $0.43 | $4.94 | x |
| 2008-12-31 | $0.39 | $4.94 | x |
| 2009-12-31 | $0.36 | $4.94 | x |
| 2010-12-31 | $0.32 | $4.94 | x |
| 2011-12-31 | $0.28 | $4.94 | x |
| 2012-12-31 | $0.26 | $4.94 | x |
| 2013-12-31 | $0.24 | $4.94 | x |
| 2014-12-31 | $0.20 | $4.94 | x |
| 2015-12-31 | $0.19 | $4.94 | x |
| 2016-12-31 | $0.17 | $4.94 | x |
| 2017-12-31 | $0.14 | $4.94 | x |
| 2018-12-31 | $0.13 | $4.94 | x |
| 2019-12-31 | $0.12 | $4.94 | x |
| 2020-12-31 | $0.11 | $4.94 | x |
| 2021-12-31 | $0.08 | $4.94 | x |
| 2022-12-31 | $0.06 | $4.94 | x |
| 2023-12-31 | $0.06 | $4.94 | x |
| 2024-12-31 | $0.06 | $4.94 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently San Juan Basin 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): 192.63%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 73.35%
- • Asset Turnover: 2.05x
- • Equity Multiplier: 1.28x
- Recent ROE (192.63%) is below the historical average (350.81%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | 36.35% | 99.25% | 0.36x | 1.01x | $28.85 Million |
| 1986 | 19.55% | 98.10% | 0.20x | 1.01x | $10.11 Million |
| 1987 | 17.69% | 97.81% | 0.18x | 1.01x | $7.78 Million |
| 1988 | 12.27% | 96.03% | 0.13x | 1.00x | $2.24 Million |
| 1989 | 8.26% | 95.24% | 0.09x | 1.00x | $-1.68 Million |
| 1990 | 17.14% | 96.47% | 0.18x | 1.00x | $6.83 Million |
| 1991 | 22.59% | 96.79% | 0.23x | 1.01x | $11.76 Million |
| 1992 | 35.94% | 97.24% | 0.36x | 1.02x | $22.88 Million |
| 1993 | 46.06% | 97.87% | 0.45x | 1.04x | $28.81 Million |
| 1994 | 30.17% | 97.00% | 0.31x | 1.01x | $15.11 Million |
| 1995 | 19.66% | 90.99% | 0.21x | 1.01x | $6.78 Million |
| 1996 | 60.19% | 91.67% | 0.63x | 1.05x | $31.52 Million |
| 1997 | 86.69% | 98.29% | 0.81x | 1.09x | $43.04 Million |
| 1998 | 57.94% | 97.63% | 0.56x | 1.05x | $24.49 Million |
| 1999 | 70.37% | 97.45% | 0.67x | 1.09x | $27.28 Million |
| 2000 | 145.47% | 98.57% | 1.26x | 1.17x | $55.12 Million |
| 2001 | 211.64% | 98.47% | 2.14x | 1.01x | $76.34 Million |
| 2002 | 108.07% | 95.70% | 1.00x | 1.13x | $33.05 Million |
| 2003 | 302.98% | 98.22% | 2.49x | 1.24x | $87.38 Million |
| 2004 | 410.09% | 98.51% | 3.02x | 1.38x | $106.72 Million |
| 2005 | 634.63% | 98.51% | 3.57x | 1.80x | $149.17 Million |
| 2006 | 622.58% | 99.67% | 5.15x | 1.21x | $133.68 Million |
| 2007 | 569.50% | 99.49% | 3.93x | 1.45x | $111.23 Million |
| 2008 | 791.23% | 98.69% | 5.71x | 1.40x | $141.27 Million |
| 2009 | 179.14% | 93.73% | 1.45x | 1.32x | $28.49 Million |
| 2010 | 531.37% | 97.60% | 4.02x | 1.35x | $76.88 Million |
| 2011 | 511.14% | 98.77% | 3.36x | 1.54x | $65.88 Million |
| 2012 | 275.27% | 95.51% | 2.58x | 1.12x | $32.27 Million |
| 2013 | 332.69% | 95.92% | 2.44x | 1.42x | $35.40 Million |
| 2014 | 639.48% | 97.22% | 4.60x | 1.43x | $58.94 Million |
| 2015 | 194.86% | 87.46% | 1.84x | 1.21x | $16.13 Million |
| 2016 | 178.94% | 79.48% | 1.50x | 1.51x | $13.15 Million |
| 2017 | 594.92% | 117.73% | 3.02x | 1.67x | $38.47 Million |
| 2018 | 307.56% | 92.34% | 2.44x | 1.36x | $17.39 Million |
| 2019 | 148.40% | 81.73% | 1.52x | 1.20x | $7.55 Million |
| 2020 | 144.78% | 83.88% | 1.38x | 1.25x | $6.91 Million |
| 2021 | 974.58% | 95.61% | 3.79x | 2.69x | $35.60 Million |
| 2022 | 2613.90% | 98.22% | 9.34x | 2.85x | $77.30 Million |
| 2023 | 1875.53% | 96.72% | 12.34x | 1.57x | $51.36 Million |
| 2024 | 192.63% | 73.35% | 2.05x | 1.28x | $4.89 Million |
Industry Comparison
This section compares San Juan Basin 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: $1,645,633,110
- Average return on equity (ROE) among peers: 4.41%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| San Juan Basin Royalty Trust (SJT) | $2.40 Million | 36.35% | 0.13x | $199.47 Million |
| Advantage Energy Ltd. (AAVVF) | $1.09 Billion | 1.43% | 0.33x | $922.80 Million |
| ADX Energy Ltd (ADXRF) | $9.63 Million | -5.93% | 0.01x | $9.58 Million |
| ARC Resources Ltd. (AETUF) | $2.79 Billion | -19.61% | 0.78x | $10.30 Billion |
| Aminex PLC (AEXFF) | $20.47 Million | 6.02% | 0.33x | $77.17 Million |
| Aker BP ASA (AKRBF) | $12.43 Billion | 12.90% | 2.02x | $6.29 Billion |
| Arkanova Energy Corporation (AKVA) | $13.10 Million | -11.45% | 0.01x | $4.92K |
| Allied Resources Inc (ALOD) | $3.69 Million | 0.65% | 0.05x | $428.76K |
| Altex Industries Inc (ALTX) | $3.22 Million | -10.59% | 0.04x | $1.08 Million |
| Alvopetro Energy Ltd (ALVOF) | $88.21 Million | 32.34% | 0.25x | $117.02 Million |
| AMEN Properties Inc (AMEN) | $5.59 Million | 38.29% | 0.11x | $5.00 Million |