Cool Company Oy
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 Oy (CLCO) - Net Assets
Latest net assets as of June 2025: Nkr779.23 Million NOK
Based on the latest financial reports, Cool Company Oy (CLCO) has net assets worth Nkr779.23 Million NOK as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Nkr2.31 Billion) and total liabilities (Nkr1.53 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 | Nkr779.23 Million |
| % of Total Assets | 33.73% |
| Annual Growth Rate | 10.23% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 12.54 |
Cool Company Oy - Net Assets Trend (2021–2024)
This chart illustrates how Cool Company Oy'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 Oy (2021–2024)
The table below shows the annual net assets of Cool Company Oy from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr761.50 Million | -5.59% |
| 2023-12-31 | Nkr806.58 Million | +24.75% |
| 2022-12-31 | Nkr646.56 Million | +13.72% |
| 2021-12-31 | Nkr568.56 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Cool Company Oy'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 | Nkr196.99 Million | 25.87% |
| Common Stock | Nkr53.73 Million | 7.06% |
| Other Components | Nkr510.78 Million | 67.08% |
| Total Equity | Nkr761.50 Million | 100.00% |
Cool Company Oy Competitors by Market Cap
The table below lists competitors of Cool Company Oy ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Journey Medical Corp
NASDAQ:DERM
|
$126.26 Million |
|
United Pharm
KO:033270
|
$126.28 Million |
|
Hangzhou TianMuShan Pharmaceutical Enterprise Co Ltd
SHG:600671
|
$126.36 Million |
|
CELON PHARMA S.A. ZY-10
F:8RP
|
$126.43 Million |
|
Angel Oak Mortgage Inc
NYSE:AOMR
|
$126.22 Million |
|
Carbios
PA:ALCRB
|
$126.17 Million |
|
Stereotaxis Inc
NYSE MKT:STXS
|
$126.17 Million |
|
Daqing Huake Co Ltd
SHE:000985
|
$126.16 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cool Company Oy'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 | Nkr98.14 Million | +12.89% |
| Dividends Paid | Nkr74.11 Million | -9.73% |
| Other Changes | Nkr1.48 Million | +0.19% |
| Total Change | Nkr- | 3.47% |
Book Value vs Market Value Analysis
This analysis compares Cool Company Oy'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: 6.72x
- 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 decreased from 9.00x to 6.72x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | Nkr10.59 | Nkr95.30 | x |
| 2022-12-31 | Nkr12.04 | Nkr95.30 | x |
| 2023-12-31 | Nkr13.70 | Nkr95.30 | x |
| 2024-12-31 | Nkr14.17 | Nkr95.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cool Company Oy 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 (13.17%), 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 | 2.79% | 9.23% | 0.12x | 2.58x | Nkr-40.99 Million |
| 2022 | 13.26% | 44.96% | 0.09x | 3.18x | Nkr21.09 Million |
| 2023 | 23.74% | 48.35% | 0.18x | 2.79x | Nkr101.13 Million |
| 2024 | 12.89% | 30.43% | 0.14x | 2.95x | Nkr21.99 Million |
Industry Comparison
This section compares Cool Company Oy's net assets metrics with peer companies in the same industry.
Industry Context
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Cool Company Oy (CLCO) | Nkr779.23 Million | 2.79% | 1.96x | $126.25 Million |
| Lea Bank ASA (LEA) | $1.24 Billion | 30.44% | 5.02x | $47.28 Million |