American Noble Gas Inc.
American Noble Gas, Inc. focuses on the acquisition, exploration, and development of oil and natural gas resources. It has an option to acquire oil and gas properties in central Kansas covering an area of approximately 11,000 acres. The company was formerly known as Infinity Energy Resources, Inc. and changed its name to American Noble Gas, Inc. in October 2021. The company was incorporated in 19… Read more
American Noble Gas Inc. (AMNI) - Net Assets
Latest net assets as of September 2023: $-4.60 Million USD
Based on the latest financial reports, American Noble Gas Inc. (AMNI) has net assets worth $-4.60 Million USD as of September 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.35 Million) and total liabilities ($5.95 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 | $-4.60 Million |
| % of Total Assets | -340.74% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
American Noble Gas Inc. - Net Assets Trend (2019–2022)
This chart illustrates how American Noble Gas Inc.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for American Noble Gas Inc. (2019–2022)
The table below shows the annual net assets of American Noble Gas Inc. from 2019 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | $-5.26 Million | -66.14% |
| 2021-12-31 | $-3.17 Million | +53.62% |
| 2020-12-31 | $-6.82 Million | +48.37% |
| 2019-12-31 | $-13.22 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to American Noble Gas Inc.'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 17193200.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $2.19K | % |
| Other Components | $117.37 Million | % |
| Total Equity | $-5.26 Million | 100.00% |
American Noble Gas Inc. Competitors by Market Cap
The table below lists competitors of American Noble Gas Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Linklogis Inc. Class B
F:0NY
|
$2.11K |
|
Traction Uranium Corp.
OTCQB:TRCTD
|
$2.11K |
|
Sidney Resources Corp
PINK:SDRC
|
$2.12K |
|
PROTEOLOGICS - Tel Aviv Stock Exchang
TA:PRTL
|
$2.12K |
|
Asia Pacific Investment JSC
VN:API
|
$2.11K |
|
Sunder Biomedical Tech. Co., Ltd.
TWO:4115
|
$2.11K |
|
BC IRON (BC3.SG)
STU:BC3
|
$2.11K |
|
Bela Automotive Limited
KAR:BELA
|
$2.11K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in American Noble Gas Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from -3,165,490 to -5,259,027, a change of -2,093,537.
- Net loss of 3,940,075 reduced equity.
- Dividend payments of 154,495 reduced retained earnings.
- New share issuances of 645,000 increased equity.
- Other factors increased equity by 1,356,033.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-3.94 Million | -74.92% |
| Dividends Paid | $154.50K | -2.94% |
| Share Issuances | $645.00K | +12.26% |
| Other Changes | $1.36 Million | +25.78% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares American Noble Gas Inc.'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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $-1.07 | $0.00 | x |
| 2020-12-31 | $-0.37 | $0.00 | x |
| 2021-12-31 | $-0.17 | $0.00 | x |
| 2022-12-31 | $-0.24 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently American Noble Gas Inc. 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3363.99%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (0.00%), suggesting potential challenges in 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 | $3.17 Million |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $6.31 Million |
| 2021 | 0.00% | -2030.03% | 0.07x | 0.00x | $-1.29 Million |
| 2022 | 0.00% | -3363.99% | 0.09x | 0.00x | $-3.41 Million |
Industry Comparison
This section compares American Noble Gas Inc.'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 |
|---|---|---|---|---|
| American Noble Gas Inc. (AMNI) | $-4.60 Million | 0.00% | N/A | $2.11K |
| 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 |