Cool Company Oy (CLCO) - Net Assets
Based on the latest financial reports, Cool Company Oy (CLCO) has net assets worth Nkr779.23 Million NOK (≈ $82.00 Million USD) 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 ≈ $243.11 Million USD) and total liabilities (Nkr1.53 Billion ≈ $161.11 Million USD). 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 asset resilience ratio of Cool Company Oy to evaluate the company's liquid asset resilience ratio.
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. Also explore CLCO current and non-current assets for the complete picture of this company's asset base.
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. For live valuation and market cap data, see Cool Company Oy (CLCO) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr761.50 Million ≈ $80.13 Million |
-5.59% |
| 2023-12-31 | Nkr806.58 Million ≈ $84.88 Million |
+24.75% |
| 2022-12-31 | Nkr646.56 Million ≈ $68.04 Million |
+13.72% |
| 2021-12-31 | Nkr568.56 Million ≈ $59.83 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 |
|---|---|
|
Dongsung FineTec Co. Ltd
KQ:033500
|
$530.31 Million |
|
Kona I Co.Ltd
KQ:052400
|
$530.34 Million |
|
GoldQuest Mining Corp.
V:GQC
|
$530.36 Million |
|
Bank Maspion Indonesia PT
JK:BMAS
|
$530.37 Million |
|
Sichuan Golden Summit Group Joint Stock Co Ltd
SHG:600678
|
$530.09 Million |
|
Guangdong SACA Precision Manufacturing Co Ltd
SHE:300464
|
$529.92 Million |
|
Ethan Allen Interiors Inc
NYSE:ETD
|
$529.79 Million |
|
Kaveri Seed Company Limited
NSE:KSCL
|
$529.76 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.
No peer company data available for comparison.
About 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