Red Trail Energy LLC
Red Trail Energy, LLC produces and sells fuel grade ethanol, distillers grains, and corn oil in the continental United States. The company offers ethyl alcohol, a fuel component made primarily from corn and various other grains that could be used as an octane enhancer in fuels; an oxygenated fuel additive in reducing ozone and carbon monoxide vehicle emissions; and a non-petroleum-based gasoline … Read more
Red Trail Energy LLC (REGX) - Net Assets
Latest net assets as of September 2024: $76.12 Million USD
Based on the latest financial reports, Red Trail Energy LLC (REGX) has net assets worth $76.12 Million USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($104.21 Million) and total liabilities ($28.09 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 | $76.12 Million |
| % of Total Assets | 73.04% |
| Annual Growth Rate | 0.66% |
| 5-Year Change | 25.65% |
| 10-Year Change | 15.75% |
| Growth Volatility | 10.8 |
Red Trail Energy LLC - Net Assets Trend (2014–2024)
This chart illustrates how Red Trail Energy LLC's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Red Trail Energy LLC (2014–2024)
The table below shows the annual net assets of Red Trail Energy LLC from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-09-30 | $76.12 Million | -8.70% |
| 2023-09-30 | $83.37 Million | -2.88% |
| 2022-09-30 | $85.84 Million | +22.64% |
| 2021-09-30 | $69.99 Million | +15.54% |
| 2020-09-30 | $60.58 Million | +0.01% |
| 2019-09-30 | $60.57 Million | -5.82% |
| 2018-09-30 | $64.32 Million | -12.70% |
| 2017-09-30 | $73.68 Million | +8.91% |
| 2016-09-30 | $67.65 Million | +2.87% |
| 2015-09-30 | $65.76 Million | -7.70% |
| 2014-09-30 | $71.25 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Red Trail Energy LLC'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 10.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $37.16 Million | 48.82% |
| Other Components | $38.96 Million | 51.18% |
| Total Equity | $76.12 Million | 100.00% |
Red Trail Energy LLC Competitors by Market Cap
The table below lists competitors of Red Trail Energy LLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Torque Metals Ltd
AU:TOR
|
$124.98 Million |
|
BCB Bancorp Inc
NASDAQ:BCBP
|
$124.98 Million |
|
CHC Healthcare Group
TW:4164
|
$125.04 Million |
|
RESERVOIR MEDIA DL-0001
F:0RL0
|
$125.05 Million |
|
West Coast Paper Mills Limited
NSE:WSTCSTPAPR
|
$124.95 Million |
|
Suzhou Weizhixiang Food Co. Ltd.
SHG:605089
|
$124.95 Million |
|
Bank Yudha Bhakti Tbk
JK:BBYB
|
$124.83 Million |
|
KALTURA INC. DL -0001
F:73Q
|
$124.75 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Red Trail Energy LLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 83,371,732 to 76,119,721, a change of -7,252,011 (-8.7%).
- Net loss of 1,172,777 reduced equity.
- Dividend payments of 6,079,234 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.17 Million | -1.54% |
| Dividends Paid | $6.08 Million | -7.99% |
| Total Change | $- | -8.70% |
Book Value vs Market Value Analysis
This analysis compares Red Trail Energy LLC'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: 2.00x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-09-30 | $0.00 | $3.80 | x |
| 2016-09-30 | $0.00 | $3.80 | x |
| 2017-09-30 | $0.00 | $3.80 | x |
| 2018-09-30 | $0.00 | $3.80 | x |
| 2019-09-30 | $1.51 | $3.80 | x |
| 2020-09-30 | $1.51 | $3.80 | x |
| 2021-09-30 | $1.74 | $3.80 | x |
| 2022-09-30 | $2.14 | $3.80 | x |
| 2023-09-30 | $2.08 | $3.80 | x |
| 2024-09-30 | $1.90 | $3.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Red Trail Energy LLC 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): -1.54%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.78%
- • Asset Turnover: 1.44x
- • Equity Multiplier: 1.37x
- Recent ROE (-1.54%) is below the historical average (10.34%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 42.93% | 21.99% | 1.45x | 1.34x | $23.46 Million |
| 2015 | 13.03% | 8.50% | 1.30x | 1.18x | $1.99 Million |
| 2016 | 8.73% | 5.61% | 1.39x | 1.12x | $-861.56K |
| 2017 | 11.35% | 7.63% | 1.36x | 1.10x | $996.97K |
| 2018 | -7.99% | -4.96% | 1.43x | 1.13x | $-11.57 Million |
| 2019 | -11.90% | -7.10% | 1.55x | 1.08x | $-13.27 Million |
| 2020 | 0.01% | 0.01% | 1.27x | 1.22x | $-6.05 Million |
| 2021 | 18.04% | 10.60% | 1.35x | 1.26x | $5.63 Million |
| 2022 | 34.36% | 13.58% | 1.89x | 1.34x | $20.91 Million |
| 2023 | 6.67% | 2.79% | 1.70x | 1.41x | $-2.78 Million |
| 2024 | -1.54% | -0.78% | 1.44x | 1.37x | $-8.78 Million |
Industry Comparison
This section compares Red Trail Energy LLC's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $4,551,697,655
- Average return on equity (ROE) among peers: 0.97%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Red Trail Energy LLC (REGX) | $76.12 Million | 42.93% | 0.37x | $124.96 Million |
| Synalloy Corporation (ACNT) | $26.00 Million | 24.62% | 0.65x | $97.36 Million |
| Advance ZincTek Limited (ADVNF) | $34.99 Million | 6.26% | 0.09x | $5.02 Million |
| AdvanSix Inc (ASIX) | $215.36 Million | 15.86% | 3.20x | $435.20 Million |
| ASP Isotopes Inc. Common Stock (ASPI) | $6.00 Million | -43.48% | 0.19x | $470.37 Million |
| Braskem SA Class A (BAK) | $5.89 Billion | 14.66% | 7.38x | $905.63 Million |
| Bachem Holding AG (BCHMF) | $389.21 Million | 11.99% | 0.14x | $1.98 Billion |
| BASF SE NA O.N. (BFFAF) | $36.11 Billion | 13.04% | 1.40x | $47.09 Billion |
| BioLargo Inc (BLGO) | $-770.20K | 0.00% | 0.00x | $51.87 Million |
| Black Swan Graphene Inc. (BSWGF) | $13.83 Million | -43.99% | 0.01x | $10.07 Million |
| Celanese Corporation (CE) | $2.83 Billion | 10.75% | 2.03x | $6.11 Billion |