PARATUS ENERGY SERVICES LTD (PLSV) - Net Assets
Based on the latest financial reports, PARATUS ENERGY SERVICES LTD (PLSV) has net assets worth Nkr155.70 Million NOK (≈ $16.38 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Nkr946.70 Million ≈ $99.62 Million USD) and total liabilities (Nkr791.00 Million ≈ $83.24 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 PARATUS ENERGY SERVICES LTD tangible equity quality to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Nkr155.70 Million |
| % of Total Assets | 16.45% |
| Annual Growth Rate | 2.3% |
| 5-Year Change | -13.98% |
| 10-Year Change | N/A |
| Growth Volatility | 26.72 |
PARATUS ENERGY SERVICES LTD - Net Assets Trend (2020–2025)
This chart illustrates how PARATUS ENERGY SERVICES LTD's net assets have evolved over time, based on quarterly financial data. See PARATUS ENERGY SERVICES LTD (PLSV) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for PARATUS ENERGY SERVICES LTD (2020–2025)
The table below shows the annual net assets of PARATUS ENERGY SERVICES LTD from 2020 to 2025. For live valuation and market cap data, see PLSV stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Nkr155.70 Million ≈ $16.38 Million |
-39.39% |
| 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 770000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Nkr155.70 Million | 100.00% |
| Other Components | Nkr1.04 Billion | 666.47% |
| Total Equity | Nkr155.70 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 |
|---|---|
|
UniTTEC Co Ltd
SHE:000925
|
$794.76 Million |
|
Shenzhen Sunxing Light Alloys
SHG:603978
|
$795.10 Million |
|
Zhejiang Kaier New Materials
SHE:300234
|
$795.20 Million |
|
Rainbow Department Store Co Ltd
SHE:002419
|
$795.33 Million |
|
Lingyuan Iron & Steel Co Ltd
SHG:600231
|
$794.32 Million |
|
Xian Peri Power Semiconductor Cond
SHE:300831
|
$794.17 Million |
|
Bumi Resources Minerals Tbk
JK:BRMS
|
$794.10 Million |
|
Hangzhou Huning Elevator Parts Co Ltd
SHE:300669
|
$794.08 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 2024 to 2025, total equity changed from 256,900,000 to 155,700,000, a change of -101,200,000 (-39.4%).
- Net income of 74,800,000 contributed positively to equity growth.
- Dividend payments of 71,600,000 reduced retained earnings.
- Share repurchases of 24,900,000 reduced equity.
- Other comprehensive income decreased equity by 8,700,000.
- Other factors decreased equity by 70,800,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr74.80 Million | +48.04% |
| Dividends Paid | Nkr71.60 Million | -45.99% |
| Share Repurchases | Nkr24.90 Million | -15.99% |
| Other Comprehensive Income | Nkr-8.70 Million | -5.59% |
| Other Changes | Nkr-70.80 Million | -45.47% |
| Total Change | Nkr- | -39.39% |
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: 48.50x
- 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 48.07x to 48.50x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | Nkr0.97 | Nkr46.40 | x |
| 2021-12-31 | Nkr1.26 | Nkr46.40 | x |
| 2022-12-31 | Nkr1.63 | Nkr46.40 | x |
| 2023-12-31 | Nkr1.40 | Nkr46.40 | x |
| 2024-12-31 | Nkr1.59 | Nkr46.40 | x |
| 2025-12-31 | Nkr0.96 | Nkr46.40 | 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): 48.04%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 48.83%
- • Asset Turnover: 0.16x
- • Equity Multiplier: 6.08x
- Recent ROE (48.04%) is above the historical average (-18.96%), 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 |
| 2025 | 48.04% | 48.83% | 0.16x | 6.08x | Nkr59.23 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: $775,632,884
- Average return on equity (ROE) among peers: 3.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PARATUS ENERGY SERVICES LTD (PLSV) | Nkr155.70 Million | -154.68% | 5.08x | $794.57 Million |
| Awilco Drilling PLC (AWDR) | $83.13 Million | -201.93% | 0.11x | $2.60 Million |
| Dolphin Drilling AS (DDRIL) | $765.21 Million | -18.30% | 0.97x | $468.17 Million |
| Deep Value Driller AS (DVD) | $8.74 Million | 273.41% | 11.84x | $194.79 Million |
| Northern Ocean Ltd (NOL) | $507.07 Million | -7.20% | 1.24x | $250.79 Million |
| Odfjell Drilling Ltd (ODL) | $1.21 Billion | 6.86% | 0.84x | $2.22 Billion |
| Odfjell Technology Ltd (OTL) | $2.64 Billion | 4.93% | 0.24x | $257.88 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