Seacrest Petroleo BV
Seacrest Petroleo Bermuda Limited, an independent oil and gas production company, engages in the redevelopment of midlife onshore producing oil and gas fields in Brazil. The company's assets are located in Espírito Santo, Brazil. Seacrest Petroleo Bermuda Limited was incorporated in 2019 and is headquartered in Hamilton, Bermuda.
Seacrest Petroleo BV (SEAPT) - Net Assets
Latest net assets as of September 2024: Nkr45.32 Million NOK
Based on the latest financial reports, Seacrest Petroleo BV (SEAPT) has net assets worth Nkr45.32 Million NOK as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Nkr760.82 Million) and total liabilities (Nkr715.50 Million). 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 | Nkr45.32 Million |
| % of Total Assets | 5.96% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 338.69 |
Seacrest Petroleo BV - Net Assets Trend (2019–2023)
This chart illustrates how Seacrest Petroleo BV's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Seacrest Petroleo BV (2019–2023)
The table below shows the annual net assets of Seacrest Petroleo BV from 2019 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | Nkr160.10 Million | +403.55% |
| 2022-12-31 | Nkr-52.74 Million | -670.07% |
| 2021-12-31 | Nkr9.25 Million | +7.30% |
| 2020-12-31 | Nkr8.62 Million | +529.81% |
| 2019-12-31 | Nkr-2.01 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Seacrest Petroleo BV'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 21779086400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Nkr7.00K | 0.00% |
| Other Comprehensive Income | Nkr34.76 Million | 21.71% |
| Other Components | Nkr345.13 Million | 215.57% |
| Total Equity | Nkr160.10 Million | 100.00% |
Seacrest Petroleo BV Competitors by Market Cap
The table below lists competitors of Seacrest Petroleo BV ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Akkhie Prakarn Public Company Limited
BK:AKP
|
$3.79 Million |
|
Diplomat Holdings Ltd
TA:DIPL
|
$3.79 Million |
|
Agroton Public Ltd.
WAR:AGT
|
$3.79 Million |
|
ALLIED GAMI.+ENT.DL-0001
F:2AA
|
$3.79 Million |
|
Total Transport Systems Limited
NSE:TOTAL
|
$3.79 Million |
|
Crédito Real S.A.B. de C.V. Sociedad Financiera de Objeto Múltiple Entidad No Regulada
MX:CREAL
|
$3.79 Million |
|
Ancora Indonesia Resources Tbk
JK:OKAS
|
$3.79 Million |
|
Gaming Factory S.A.
WAR:GIF
|
$3.79 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Seacrest Petroleo BV's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -52,743,000 to 160,100,000, a change of 212,843,000.
- Net loss of 79,338,000 reduced equity.
- Share repurchases of 278,753,000 reduced equity.
- Other comprehensive income increased equity by 23,096,000.
- Other factors increased equity by 547,838,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr-79.34 Million | -49.56% |
| Share Repurchases | Nkr278.75 Million | -174.11% |
| Other Comprehensive Income | Nkr23.10 Million | +14.43% |
| Other Changes | Nkr547.84 Million | +342.18% |
| Total Change | Nkr- | % |
Book Value vs Market Value Analysis
This analysis compares Seacrest Petroleo BV'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: 0.27x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | Nkr-0.05 | Nkr0.14 | x |
| 2020-12-31 | Nkr0.23 | Nkr0.14 | x |
| 2021-12-31 | Nkr0.18 | Nkr0.14 | x |
| 2022-12-31 | Nkr-0.60 | Nkr0.14 | x |
| 2023-12-31 | Nkr0.51 | Nkr0.14 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Seacrest Petroleo BV 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): -49.56%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -44.71%
- • Asset Turnover: 0.22x
- • Equity Multiplier: 5.07x
- Recent ROE (-49.56%) is above the historical average (-52.42%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | Nkr-1.71 Million |
| 2020 | -61.09% | 0.00% | 0.00x | 1.43x | Nkr-6.13 Million |
| 2021 | -151.44% | 0.00% | 0.00x | 20.59x | Nkr-14.94 Million |
| 2022 | 0.00% | -354.50% | 0.15x | 0.00x | Nkr-113.90 Million |
| 2023 | -49.56% | -44.71% | 0.22x | 5.07x | Nkr-95.35 Million |
Industry Comparison
This section compares Seacrest Petroleo BV's net assets metrics with peer companies in the Oil & Gas E&P industry.
Industry Context
- Industry: Oil & Gas E&P
- Average net assets among peers: $322,026,607
- Average return on equity (ROE) among peers: -24.45%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Seacrest Petroleo BV (SEAPT) | Nkr45.32 Million | 0.00% | 15.79x | $3.79 Million |
| BlueNord ASA (BNOR) | $-6.00 Million | 0.00% | 0.00x | $826.93 Million |
| BW Energy Ltd (BWE) | $861.60 Million | 19.25% | 1.29x | $255.09 Million |
| Interoil Exploration and Production ASA (IOX) | $46.95 Million | 0.59% | 1.66x | $1.73 Million |
| Okea ASA (OKEA) | $725.64 Million | -128.90% | 24.49x | $169.34 Million |
| Panoro Energy ASA (PEN) | $54.33 Million | -115.29% | 0.08x | $293.18 Million |
| Petronor E&P Ltd (PNOR) | $26.62 Million | 29.45% | 1.14x | $46.16 Million |
| Var Energi ASA (VAR) | $545.05 Million | 23.73% | 7.68x | $3.31 Billion |