Pacific Coast Oil Trust
Pacific Coast Oil Trust acquires and holds net profits and royalty interests in various oil and natural gas properties located in California. Its properties include Orcutt properties located in the Santa Maria Basin; and West Pico, East Coyote, and Sawtelle properties located in the Los Angeles Basin of California. Pacific Coast Oil Trust was founded in 2012 and is based in Houston, Texas.
Pacific Coast Oil Trust (ROYTL) - Net Assets
Latest net assets as of June 2019: $199.14 Million USD
Based on the latest financial reports, Pacific Coast Oil Trust (ROYTL) has net assets worth $199.14 Million USD as of June 2019.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($199.14 Million) and total liabilities ($0.00). 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 | $199.14 Million |
| % of Total Assets | 100.0% |
| Annual Growth Rate | -4.96% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 0.87 |
Pacific Coast Oil Trust - Net Assets Trend (2016–2018)
This chart illustrates how Pacific Coast Oil Trust's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Pacific Coast Oil Trust (2016–2018)
The table below shows the annual net assets of Pacific Coast Oil Trust from 2016 to 2018.
| Year | Net Assets | Change |
|---|---|---|
| 2018-12-31 | $204.63 Million | -5.82% |
| 2017-12-31 | $217.28 Million | -4.09% |
| 2016-12-31 | $226.54 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Pacific Coast Oil Trust'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 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2018)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $204.63 Million | 100.00% |
| Total Equity | $204.63 Million | 100.00% |
Pacific Coast Oil Trust Competitors by Market Cap
The table below lists competitors of Pacific Coast Oil Trust ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Yunji Inc
NASDAQ:YJ
|
$6.95 Million |
|
GUNA
JK:GUNA
|
$6.95 Million |
|
Thai Nam Plastic Public Company Limited
BK:TNPC
|
$6.95 Million |
|
IERVOLINO ENTERTAINMENT
F:G37
|
$6.95 Million |
|
H2APEX Group SCA
XETRA:H2A
|
$6.94 Million |
|
Interhides Public Company Limited
BK:IHL
|
$6.94 Million |
|
Healthcare AI Acquisition Corp
NASDAQ:HAIA
|
$6.94 Million |
|
HFactor Inc
PINK:HWTR
|
$6.93 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pacific Coast Oil Trust's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2017 to 2018, total equity changed from 217,279,000 to 204,626,000, a change of -12,653,000 (-5.8%).
- Net income of 12,619,000 contributed positively to equity growth.
- Other factors decreased equity by 25,272,000.
Equity Change Factors (2017 to 2018)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $12.62 Million | +6.17% |
| Other Changes | $-25.27 Million | -12.35% |
| Total Change | $- | -5.82% |
Book Value vs Market Value Analysis
This analysis compares Pacific Coast Oil Trust'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: 0.05x
- 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 |
|---|---|---|---|
| 2017-12-31 | $5.63 | $0.25 | x |
| 2018-12-31 | $5.30 | $0.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pacific Coast Oil Trust 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): 6.17%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 83.45%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 1.00x
- Recent ROE (6.17%) is above the historical average (2.76%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 0.10% | 27.10% | 0.00x | 1.00x | $-22.43 Million |
| 2017 | 2.00% | 58.13% | 0.03x | 1.00x | $-17.37 Million |
| 2018 | 6.17% | 83.45% | 0.07x | 1.00x | $-7.84 Million |
Industry Comparison
This section compares Pacific Coast Oil Trust'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: $1,751,793,864
- Average return on equity (ROE) among peers: -1.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pacific Coast Oil Trust (ROYTL) | $199.14 Million | 0.10% | 0.00x | $6.94 Million |
| Advantage Energy Ltd. (AAVVF) | $1.33 Billion | 0.83% | 0.33x | $922.80 Million |
| ADX Energy Ltd (ADXRF) | $4.37 Million | -14.30% | 0.01x | $9.58 Million |
| ARC Resources Ltd. (AETUF) | $3.40 Billion | 7.09% | 0.69x | $10.30 Billion |
| Aminex PLC (AEXFF) | $7.53 Million | -11.90% | 0.27x | $77.17 Million |
| Aker BP ASA (AKRBF) | $12.69 Billion | 14.40% | 2.32x | $6.29 Billion |
| Arkanova Energy Corporation (AKVA) | $-35.51K | 0.00% | 0.00x | $4.92K |
| Allied Resources Inc (ALOD) | $2.39 Million | -3.81% | 0.14x | $428.76K |
| Altex Industries Inc (ALTX) | $2.60 Million | -10.61% | 0.15x | $1.08 Million |
| Alvopetro Energy Ltd (ALVOF) | $66.14 Million | -10.76% | 0.04x | $117.02 Million |
| AMEN Properties Inc (AMEN) | $15.55 Million | 14.30% | 0.08x | $4.94 Million |