Porto Energy Corp
Porto Energy Corp., a development stage company, explores for crude oil and natural gas in Portugal. It holds a 100% working interests in seven concessions, including Aljubarrota-3, Torres Vedras-3, Sao Pedro de Muel-2, Cabo Mondego-2, Rio Maior-2, Zambujal, and Peniche covering an area of approximately 1.6 million net acres in Lusitanian Basin of Portugal. The company was founded in 1993 and is … Read more
Porto Energy Corp (PNRXF) - Net Assets
Latest net assets as of February 2014: $3.49 Million USD
Based on the latest financial reports, Porto Energy Corp (PNRXF) has net assets worth $3.49 Million USD as of February 2014.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($4.26 Million) and total liabilities ($774.12K). 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 | $3.49 Million |
| % of Total Assets | 81.85% |
| Annual Growth Rate | -45.75% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 146.75 |
Porto Energy Corp - Net Assets Trend (2010–2013)
This chart illustrates how Porto Energy Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Porto Energy Corp (2010–2013)
The table below shows the annual net assets of Porto Energy Corp from 2010 to 2013.
| Year | Net Assets | Change |
|---|---|---|
| 2013-08-31 | $5.16 Million | -76.24% |
| 2012-08-31 | $21.70 Million | -79.84% |
| 2011-08-31 | $107.64 Million | +233.24% |
| 2010-08-31 | $32.30 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Porto Energy Corp'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 11350775300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (August 2013)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $107.77 Million | 2090.35% |
| Other Components | $13.85 Million | 268.69% |
| Total Equity | $5.16 Million | 100.00% |
Porto Energy Corp Competitors by Market Cap
The table below lists competitors of Porto Energy Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sky440 Inc
PINK:SKYF
|
$0.92 |
|
Odyne Corporation
PINK:ODYC
|
$0.92 |
|
Flameret Inc
PINK:FLRE
|
$0.92 |
|
US BioTec Inc
PINK:USBC
|
$0.92 |
|
Smart Decision Inc
PINK:SDEC
|
$0.92 |
|
Zulu-Tek Inc
PINK:ZULU
|
$0.92 |
|
MTEMQ
NASDAQ:MTEMQ
|
$0.92 |
|
Alaska Pacific Energy Corp
PINK:ASKE
|
$0.92 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Porto Energy Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2012 to 2013, total equity changed from 21,695,492 to 5,155,610, a change of -16,539,882 (-76.2%).
- Net loss of 16,615,890 reduced equity.
- Other factors increased equity by 76,008.
Equity Change Factors (2012 to 2013)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-16.62 Million | -322.29% |
| Other Changes | $76.01K | +1.47% |
| Total Change | $- | -76.24% |
Book Value vs Market Value Analysis
This analysis compares Porto Energy Corp'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.
Insufficient data available to analyze book value vs market value.
Capital Efficiency Dashboard
This dashboard shows how efficiently Porto Energy Corp 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): -322.29%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.25x
- Recent ROE (-322.29%) is below the historical average (-182.03%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 6.25% | 0.00% | 0.00x | 1.23x | $-1.21 Million |
| 2011 | -8.69% | 0.00% | 0.00x | 1.20x | $-20.12 Million |
| 2012 | -403.41% | 0.00% | 0.00x | 1.53x | $-89.69 Million |
| 2013 | -322.29% | 0.00% | 0.00x | 1.25x | $-17.13 Million |
Industry Comparison
This section compares Porto Energy Corp'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: $1,645,633,110
- Average return on equity (ROE) among peers: 4.41%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Porto Energy Corp (PNRXF) | $3.49 Million | 6.25% | 0.22x | $0.92 |
| Advantage Energy Ltd. (AAVVF) | $1.09 Billion | 1.43% | 0.33x | $922.80 Million |
| ADX Energy Ltd (ADXRF) | $9.63 Million | -5.93% | 0.01x | $9.58 Million |
| ARC Resources Ltd. (AETUF) | $2.79 Billion | -19.61% | 0.78x | $10.30 Billion |
| Aminex PLC (AEXFF) | $20.47 Million | 6.02% | 0.33x | $77.17 Million |
| Aker BP ASA (AKRBF) | $12.43 Billion | 12.90% | 2.02x | $6.29 Billion |
| Arkanova Energy Corporation (AKVA) | $13.10 Million | -11.45% | 0.01x | $4.92K |
| Allied Resources Inc (ALOD) | $3.69 Million | 0.65% | 0.05x | $428.76K |
| Altex Industries Inc (ALTX) | $3.22 Million | -10.59% | 0.04x | $1.08 Million |
| Alvopetro Energy Ltd (ALVOF) | $88.21 Million | 32.34% | 0.25x | $117.02 Million |
| AMEN Properties Inc (AMEN) | $5.59 Million | 38.29% | 0.11x | $5.00 Million |