SeaBird Exploration Plc (SBX) - Net Assets

Latest as of December 2024: Nkr29.70 Million NOK ≈ $3.13 Million USD

Based on the latest financial reports, SeaBird Exploration Plc (SBX) has net assets worth Nkr29.70 Million NOK (≈ $3.13 Million USD) as of December 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Nkr49.93 Million ≈ $5.25 Million USD) and total liabilities (Nkr20.23 Million ≈ $2.13 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 SBX financial resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets Nkr29.70 Million
% of Total Assets 59.49%
Annual Growth Rate 14.37%
5-Year Change -17.46%
10-Year Change -0.92%
Growth Volatility 188.97

SeaBird Exploration Plc - Net Assets Trend (2003–2024)

This chart illustrates how SeaBird Exploration Plc's net assets have evolved over time, based on quarterly financial data. Also explore SeaBird Exploration Plc (SBX) total assets for the complete picture of this company's asset base.

Annual Net Assets for SeaBird Exploration Plc (2003–2024)

The table below shows the annual net assets of SeaBird Exploration Plc from 2003 to 2024. For live valuation and market cap data, see SBX company net worth.

Year Net Assets Change
2024-12-31 Nkr29.70 Million
≈ $3.13 Million		 +10.81%
2023-12-31 Nkr26.80 Million
≈ $2.82 Million		 -10.10%
2022-12-31 Nkr29.82 Million
≈ $3.14 Million		 +5.19%
2021-12-31 Nkr28.34 Million
≈ $2.98 Million		 -21.23%
2020-12-31 Nkr35.98 Million
≈ $3.79 Million		 -23.56%
2019-12-31 Nkr47.08 Million
≈ $4.95 Million		 +25.51%
2018-12-31 Nkr37.51 Million
≈ $3.95 Million		 +139.43%
2017-12-31 Nkr15.67 Million
≈ $1.65 Million		 -29.01%
2016-12-31 Nkr22.07 Million
≈ $2.32 Million		 -26.38%
2015-12-31 Nkr29.98 Million
≈ $3.15 Million		 +173.25%
2014-12-31 Nkr-40.92 Million
≈ $-4.31 Million		 -171.01%
2013-12-31 Nkr57.63 Million
≈ $6.06 Million		 +9.15%
2012-12-31 Nkr52.80 Million
≈ $5.56 Million		 +7.10%
2011-12-31 Nkr49.30 Million
≈ $5.19 Million		 -62.91%
2010-12-31 Nkr132.94 Million
≈ $13.99 Million		 -34.63%
2009-12-31 Nkr203.37 Million
≈ $21.40 Million		 -6.34%
2008-12-31 Nkr217.13 Million
≈ $22.85 Million		 +20.88%
2007-12-31 Nkr179.62 Million
≈ $18.90 Million		 -4.84%
2006-12-31 Nkr188.75 Million
≈ $19.86 Million		 +335.64%
2005-12-31 Nkr43.33 Million
≈ $4.56 Million		 +186.25%
2004-12-31 Nkr15.14 Million
≈ $1.59 Million		 +754.98%
2003-12-31 Nkr1.77 Million
≈ $186.29K		 --

Equity Component Analysis

This analysis shows how different components contribute to SeaBird Exploration Plc'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 403.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings Nkr8.76 Million 29.50%
Other Components Nkr20.94 Million 70.50%
Total Equity Nkr29.70 Million 100.00%

SeaBird Exploration Plc Competitors by Market Cap

The table below lists competitors of SeaBird Exploration Plc ranked by their market capitalization.

Company Market Cap
Well Lead Med Co Ltd
SHG:603309
 $574.88 Million
Oeneo SA
PA:SBT
 $575.32 Million
Shanghai CEO Environmental Protection Technology Co Ltd
SHG:688335
 $575.56 Million
ShenZhen GAD Environmental Technology Co. Ltd.
SHE:300854
 $575.62 Million
Helen of Troy Ltd
NASDAQ:HELE
 $574.70 Million
SENORES PHARMACEUTICALS L
NSE:SENORES
 $574.58 Million
Shandong Chenming Paper Holdings Ltd
SHE:000488
 $574.43 Million
Peoples Fin
NASDAQ:PFIS
 $574.22 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in SeaBird Exploration Plc's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 26,803,000 to 29,701,000, a change of 2,898,000 (10.8%).
  • Net income of 6,718,000 contributed positively to equity growth.
  • Dividend payments of 3,749,000 reduced retained earnings.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income Nkr6.72 Million +22.62%
Dividends Paid Nkr3.75 Million -12.62%
Other Changes Nkr-71.00K -0.24%
Total Change Nkr- 10.81%

Book Value vs Market Value Analysis

This analysis compares SeaBird Exploration Plc'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: 23.95x
  • 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 0.00x to 23.95x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2003-12-31 Nkr21075.74 Nkr8.84 x
2004-12-31 Nkr180192.85 Nkr8.84 x
2005-12-31 Nkr515799.63 Nkr8.84 x
2006-12-31 Nkr1731663.14 Nkr8.84 x
2007-12-31 Nkr1647908.26 Nkr8.84 x
2008-12-31 Nkr1809425.00 Nkr8.84 x
2009-12-31 Nkr861716.10 Nkr8.84 x
2010-12-31 Nkr624117.37 Nkr8.84 x
2011-12-31 Nkr116278.30 Nkr8.84 x
2012-12-31 Nkr92148.34 Nkr8.84 x
2013-12-31 Nkr74075.84 Nkr8.84 x
2014-12-31 Nkr-52597.69 Nkr8.84 x
2015-12-31 Nkr858.52 Nkr8.84 x
2016-12-31 Nkr1091.50 Nkr8.84 x
2017-12-31 Nkr9.38 Nkr8.84 x
2018-12-31 Nkr2.97 Nkr8.84 x
2019-12-31 Nkr1.78 Nkr8.84 x
2020-12-31 Nkr1.25 Nkr8.84 x
2021-12-31 Nkr0.89 Nkr8.84 x
2022-12-31 Nkr0.49 Nkr8.84 x
2023-12-31 Nkr0.33 Nkr8.84 x
2024-12-31 Nkr0.37 Nkr8.84 x

Capital Efficiency Dashboard

This dashboard shows how efficiently SeaBird Exploration Plc 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): 22.62%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 18.95%
  • • Asset Turnover: 0.71x
  • • Equity Multiplier: 1.68x
  • Recent ROE (22.62%) is above the historical average (-35.02%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2003 -137.56% -24.59% 0.79x 7.07x Nkr-2.61 Million
2004 27.52% 50.79% 0.36x 1.49x Nkr2.65 Million
2005 15.09% 29.76% 0.38x 1.35x Nkr2.20 Million
2006 5.84% 23.83% 0.16x 1.55x Nkr-7.85 Million
2007 -4.97% -9.32% 0.23x 2.36x Nkr-26.89 Million
2008 9.28% 9.34% 0.49x 2.03x Nkr-1.55 Million
2009 -30.37% -38.22% 0.38x 2.12x Nkr-82.11 Million
2010 -42.08% -28.39% 0.55x 2.70x Nkr-69.23 Million
2011 -185.88% -112.14% 0.37x 4.45x Nkr-96.57 Million
2012 -21.81% -7.05% 0.83x 3.74x Nkr-16.80 Million
2013 -6.32% -2.05% 0.94x 3.28x Nkr-9.41 Million
2014 0.00% -76.43% 0.92x 0.00x Nkr-94.71 Million
2015 128.64% 40.97% 0.88x 3.56x Nkr35.56 Million
2016 -35.83% -10.97% 1.00x 3.27x Nkr-10.11 Million
2017 -318.32% -259.57% 0.47x 2.63x Nkr-51.43 Million
2018 -34.42% -64.94% 0.34x 1.56x Nkr-16.66 Million
2019 -49.52% -51.65% 0.64x 1.51x Nkr-28.02 Million
2020 -41.94% -31.74% 0.73x 1.80x Nkr-18.30 Million
2021 -41.68% -55.18% 0.30x 2.55x Nkr-14.17 Million
2022 -40.38% -57.55% 0.31x 2.29x Nkr-14.48 Million
2023 11.67% 9.03% 0.64x 2.02x Nkr446.70K
2024 22.62% 18.95% 0.71x 1.68x Nkr3.75 Million

Industry Comparison

This section compares SeaBird Exploration Plc's net assets metrics with peer companies in the Oil & Gas Equipment & Services industry.

Industry Context

  • Industry: Oil & Gas Equipment & Services
  • Average net assets among peers: $2,610,801,000
  • Average return on equity (ROE) among peers: -2.15%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
SeaBird Exploration Plc (SBX) Nkr29.70 Million -137.56% 0.68x $574.77 Million
Akastor ASA (AKAST) $3.67 Billion -15.84% 1.49x $403.25 Million
Aker Solutions ASA (AKSO) $18.95 Billion 61.40% 1.18x $2.27 Billion
Argeo AS (ARGEO) $32.92 Million -21.08% 2.01x $2.98 Million
BW Offshore Ltd (BWO) $920.90 Million -0.96% 1.60x $870.51 Million
Eidesvik Offshore ASA (EIOF) $1.46 Billion -37.95% 2.48x $127.49 Million
Electromagnetic Geoservices ASA (EMGS) $15.97 Million 94.15% 5.61x $2.67 Million
Edda Wind ASA (EWIND) $63.18 Million 4.77% 1.40x $308.89 Million
Prosafe SE (PRS) $715.30 Million -7.07% 2.06x $157.85 Million
Petrolia SE (PSE) $48.83 Million -109.60% 0.89x $38.20 Million
Reach Subsea (REACH) $233.85 Million 10.69% 1.10x $214.62 Million

About SeaBird Exploration Plc

OL:SBX Norway Oil & Gas Equipment & Services
Market Cap
$574.77 Million
Nkr5.46 Billion NOK
Market Cap Rank
#11908 Global
#88 in Norway
Share Price
Nkr8.84
Change (1 day)
+1.14%
52-Week Range
Nkr6.64 - Nkr9.16
All Time High
Nkr1909.07
Categories
Companies in Norway Oil & Gas Equipment & Services
About

SeaBird Exploration Plc, acquires and processes marine seismic data for the oil and gas industry in Europe, Africa, the Middle East, North and South America, and the Asia Pacific. It offers 2D seismic; and source vessels that provide conventional undershoot, 4D repeat survey, wide azimuth, push reverse, long-term charter and vessel management, in-house source modelling and environmental decay ana… Read more