PARATUS ENERGY SERVICES LTD (PLSV) - Net Assets
Based on the latest financial reports, PARATUS ENERGY SERVICES LTD (PLSV) has net assets worth Nkr545.84 Million NOK (≈ $57.44 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 (Nkr994.70 Million ≈ $104.67 Million USD) and total liabilities (Nkr448.86 Million ≈ $47.23 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 PLSV financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Nkr545.84 Million |
| % of Total Assets | 54.88% |
| Annual Growth Rate | 16.6% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 15.5 |
PARATUS ENERGY SERVICES LTD - Net Assets Trend (2020–2024)
This chart illustrates how PARATUS ENERGY SERVICES LTD's net assets have evolved over time, based on quarterly financial data. Also explore PLSV asset base for the complete picture of this company's asset base.
Annual Net Assets for PARATUS ENERGY SERVICES LTD (2020–2024)
The table below shows the annual net assets of PARATUS ENERGY SERVICES LTD from 2020 to 2024. For live valuation and market cap data, see PLSV stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr256.90 Million ≈ $27.03 Million |
+19.49% |
| 2023-12-31 | Nkr215.00 Million ≈ $22.62 Million |
-8.12% |
| 2022-12-31 | Nkr234.00 Million ≈ $24.62 Million |
+29.28% |
| 2021-12-31 | Nkr181.00 Million ≈ $19.05 Million |
+30.22% |
| 2020-12-31 | Nkr139.00 Million ≈ $14.63 Million |
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Equity Component Analysis
This analysis shows how different components contribute to PARATUS ENERGY SERVICES LTD'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 1090000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Comprehensive Income | Nkr8.70 Million | 3.39% |
| Other Components | Nkr1.29 Billion | 501.79% |
| Total Equity | Nkr256.90 Million | 100.00% |
PARATUS ENERGY SERVICES LTD Competitors by Market Cap
The table below lists competitors of PARATUS ENERGY SERVICES LTD ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Baotailong New Materials Co Ltd
SHG:601011
|
$880.21 Million |
|
Stevanato Group SpA
NYSE:STVN
|
$880.36 Million |
|
United Overseas Australia Ltd
AU:UOS
|
$880.66 Million |
|
SMU S.A
SN:SMU
|
$880.68 Million |
|
Luoxin Pharmaceuticals Group Stock Co Ltd
SHE:002793
|
$880.09 Million |
|
BlackRock Health Sciences Trust II
NYSE:BMEZ
|
$880.02 Million |
|
Orezone Gold Corporation
AU:ORE
|
$879.80 Million |
|
Nanjing Quanxin Cable Technology Co Ltd
SHE:300447
|
$879.74 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PARATUS ENERGY SERVICES LTD's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 215,000,000 to 256,900,000, a change of 41,900,000 (19.5%).
- Net income of 31,600,000 contributed positively to equity growth.
- Share repurchases of 74,100,000 reduced equity.
- New share issuances of 72,500,000 increased equity.
- Other comprehensive income increased equity by 8,700,000.
- Other factors increased equity by 3,200,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr31.60 Million | +12.3% |
| Share Repurchases | Nkr74.10 Million | -28.84% |
| Share Issuances | Nkr72.50 Million | +28.22% |
| Other Comprehensive Income | Nkr8.70 Million | +3.39% |
| Other Changes | Nkr3.20 Million | +1.25% |
| Total Change | Nkr- | 19.49% |
Book Value vs Market Value Analysis
This analysis compares PARATUS ENERGY SERVICES LTD'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: 32.42x
- 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 53.25x to 32.42x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | Nkr0.97 | Nkr51.40 | x |
| 2021-12-31 | Nkr1.26 | Nkr51.40 | x |
| 2022-12-31 | Nkr1.63 | Nkr51.40 | x |
| 2023-12-31 | Nkr1.40 | Nkr51.40 | x |
| 2024-12-31 | Nkr1.59 | Nkr51.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PARATUS ENERGY SERVICES LTD 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): 12.30%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.77%
- • Asset Turnover: 0.20x
- • Equity Multiplier: 4.26x
- Recent ROE (12.30%) is above the historical average (-32.37%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -154.68% | 0.00% | 0.00x | 4.93x | Nkr-228.90 Million |
| 2021 | 6.63% | 41.38% | 0.02x | 6.49x | Nkr-6.10 Million |
| 2022 | -15.38% | -24.32% | 0.15x | 4.28x | Nkr-59.40 Million |
| 2023 | -10.70% | -13.77% | 0.17x | 4.67x | Nkr-44.50 Million |
| 2024 | 12.30% | 14.77% | 0.20x | 4.26x | Nkr5.91 Million |
Industry Comparison
This section compares PARATUS ENERGY SERVICES LTD's net assets metrics with peer companies in the Oil & Gas Drilling industry.
Industry Context
- Industry: Oil & Gas Drilling
- Average net assets among peers: $825,196,065
- Average return on equity (ROE) among peers: 38.46%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PARATUS ENERGY SERVICES LTD (PLSV) | Nkr545.84 Million | -154.68% | 0.82x | $880.19 Million |
| Awilco Drilling PLC (AWDR) | $231.21 Million | 12.18% | 0.44x | $2.60 Million |
| Dolphin Drilling AS (DDRIL) | $1.18 Billion | 27.88% | 0.95x | $468.17 Million |
| Deep Value Driller AS (DVD) | $8.74 Million | 273.41% | 11.84x | $200.09 Million |
| Northern Ocean Ltd (NOL) | $436.89 Million | -16.23% | 1.42x | $277.59 Million |
| Odfjell Drilling Ltd (ODL) | $1.06 Billion | 3.84% | 1.53x | $2.51 Billion |
| Odfjell Technology Ltd (OTL) | $2.64 Billion | 4.93% | 0.24x | $290.69 Million |
| Shelf Drilling Ltd (SHLF) | $213.67 Million | -36.80% | 6.57x | $498.91 Million |
About PARATUS ENERGY SERVICES LTD
Paratus Energy Services Ltd., through its subsidiaries, provides drilling services and operates a fleet of jack-up rigs under contracts in Mexico. The company also operates a fleet of pipe-laying support vessels under contracts in Brazil; and offers subsea engineering, installation, and other services, as well as well integrity and intervention, plug and abandonment, and decommissioning services … Read more