VOC Energy Trust (VOC) - Net Assets
Based on the latest financial reports, VOC Energy Trust (VOC) has net assets worth $10.77 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 ($10.77 Million) and total liabilities ($0.00). 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 VOC financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $10.77 Million |
| % of Total Assets | 100.0% |
| Annual Growth Rate | -10.32% |
| 5-Year Change | -37.56% |
| 10-Year Change | N/A |
| Growth Volatility | 46.05 |
VOC Energy Trust - Net Assets Trend (2008–2024)
This chart illustrates how VOC Energy Trust's net assets have evolved over time, based on quarterly financial data. Also explore VOC total asset value for the complete picture of this company's asset base.
Annual Net Assets for VOC Energy Trust (2008–2024)
The table below shows the annual net assets of VOC Energy Trust from 2008 to 2024. For live valuation and market cap data, see VOC company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $11.87 Million | -11.22% |
| 2023-12-31 | $13.37 Million | -11.13% |
| 2022-12-31 | $15.05 Million | -5.98% |
| 2021-12-31 | $16.00 Million | -15.82% |
| 2020-12-31 | $19.01 Million | -69.99% |
| 2019-12-31 | $63.35 Million | -9.52% |
| 2018-12-31 | $70.01 Million | -9.91% |
| 2017-12-31 | $77.71 Million | -9.07% |
| 2016-12-31 | $85.47 Million | +324.32% |
| 2010-12-31 | $-38.10 Million | -156.44% |
| 2009-12-31 | $67.51 Million | -0.52% |
| 2008-12-31 | $67.86 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to VOC Energy 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 |
|---|---|---|
| Other Components | $11.87 Million | 100.00% |
| Total Equity | $11.87 Million | 100.00% |
VOC Energy Trust Competitors by Market Cap
The table below lists competitors of VOC Energy Trust ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
FiEE, Inc.
NASDAQ:FIEE
|
$54.59 Million |
|
Pollux Properti Indonesia Tbk PT
JK:POLL
|
$54.59 Million |
|
Widodo Makmur Unggas Tbk PT
JK:WMUU
|
$54.60 Million |
|
Cynata Therapeutics Ltd
AU:CYP
|
$54.60 Million |
|
Wir Asia Tbk PT
JK:WIRG
|
$54.57 Million |
|
Shinih Enterprise Co Ltd
TW:9944
|
$54.55 Million |
|
Pintaras Jaya Bhd
KLSE:9598
|
$54.55 Million |
|
WeGrow AG
DU:ZN2
|
$54.53 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in VOC Energy Trust's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 13,373,000 to 11,872,000, a change of -1,501,000 (-11.2%).
- Net income of 12,410,000 contributed positively to equity growth.
- Other factors decreased equity by 13,911,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $12.41 Million | +104.53% |
| Other Changes | $-13.91 Million | -117.17% |
| Total Change | $- | -11.22% |
Book Value vs Market Value Analysis
This analysis compares VOC Energy 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: 4.64x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | $-3.52 | $3.24 | x |
| 2009-12-31 | $5.26 | $3.24 | x |
| 2010-12-31 | $5.83 | $3.24 | x |
| 2011-12-31 | $7.86 | $3.24 | x |
| 2012-12-31 | $7.20 | $3.24 | x |
| 2013-12-31 | $6.56 | $3.24 | x |
| 2014-12-31 | $5.98 | $3.24 | x |
| 2015-12-31 | $5.50 | $3.24 | x |
| 2016-12-31 | $5.03 | $3.24 | x |
| 2017-12-31 | $4.57 | $3.24 | x |
| 2018-12-31 | $4.12 | $3.24 | x |
| 2019-12-31 | $3.73 | $3.24 | x |
| 2020-12-31 | $1.12 | $3.24 | x |
| 2021-12-31 | $0.94 | $3.24 | x |
| 2022-12-31 | $0.89 | $3.24 | x |
| 2023-12-31 | $0.79 | $3.24 | x |
| 2024-12-31 | $0.70 | $3.24 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently VOC Energy 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): 104.53%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 91.10%
- • Asset Turnover: 1.15x
- • Equity Multiplier: 1.00x
- Recent ROE (104.53%) is above the historical average (37.41%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 0.00% | 39.88% | 0.30x | 0.00x | $18.82 Million |
| 2009 | 12.15% | 42.18% | 0.25x | 1.13x | $1.92 Million |
| 2010 | 21.12% | 54.12% | 38635.00x | 0.00x | $11.01 Million |
| 2011 | 18.07% | 97.13% | 0.19x | 1.00x | $10.78 Million |
| 2012 | 30.43% | 97.68% | 0.31x | 1.00x | $25.00 Million |
| 2013 | 25.63% | 97.56% | 0.26x | 1.00x | $17.42 Million |
| 2014 | 30.95% | 97.41% | 0.32x | 1.00x | $21.29 Million |
| 2015 | 8.55% | 92.61% | 0.09x | 1.00x | $-1.36 Million |
| 2016 | 5.67% | 84.26% | 0.07x | 1.00x | $-3.70 Million |
| 2017 | 10.83% | 91.38% | 0.12x | 1.00x | $643.90K |
| 2018 | 17.24% | 93.29% | 0.18x | 1.00x | $5.07 Million |
| 2019 | 18.65% | 93.31% | 0.20x | 1.00x | $5.48 Million |
| 2020 | 20.12% | 76.40% | 0.26x | 1.00x | $1.92 Million |
| 2021 | 54.17% | 93.20% | 0.58x | 1.00x | $7.07 Million |
| 2022 | 144.04% | 91.87% | 1.57x | 1.00x | $20.17 Million |
| 2023 | 113.77% | 92.44% | 1.23x | 1.00x | $13.88 Million |
| 2024 | 104.53% | 91.10% | 1.15x | 1.00x | $11.22 Million |
Industry Comparison
This section compares VOC Energy 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: $681,115,730
- Average return on equity (ROE) among peers: -33.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| VOC Energy Trust (VOC) | $10.77 Million | 0.00% | 0.00x | $54.57 Million |
| Amplify Energy Corp (AMPY) | $485.59 Million | -17.52% | 0.42x | $225.45 Million |
| AleAnna, Inc. Class A Common Stock (ANNA) | $1.22 Million | -424.63% | 26.72x | $105.31 Million |
| APA Corporation (APA) | $439.90 Million | 7.87% | 1.75x | $9.63 Billion |
| Antero Resources Corp (AR) | $1.96 Billion | 20.05% | 0.93x | $10.72 Billion |
| Battalion Oil Corp (BATL) | $174.56 Million | -1.75% | 1.78x | $41.80 Million |
| BKV Corporation (BKV) | $1.48 Billion | 7.91% | 0.82x | $3.02 Billion |
| Barnwell Industries Inc (BRN) | $14.93 Million | 33.55% | 1.59x | $11.58 Million |
| Berry Petroleum Corp (BRY) | $972.45 Million | 4.48% | 0.74x | $253.00 Million |
| Black Stone Minerals LP (BSM) | $1.21 Billion | 39.38% | 0.05x | $2.91 Billion |
| Chord Energy Corp (CHRD) | $76.18 Million | 0.00% | 0.51x | $5.96 Billion |
About VOC Energy Trust
VOC Energy Trust acquires and holds a term net profits interest of the net proceeds from production and sale of the interests in oil and natural gas properties in the states of Kansas and Texas. The company has an 80% term net profits interest of the net proceeds on the underlying properties. As of December 31, 2021, its underlying properties had interests in 452.5 net producing wells and 51,147.… Read more