Calima Energy Limited
Calima Energy Limited, a production-focused energy company, explores for and develops oil and natural gas assets in the Western Canadian Sedimentary Basin. The company holds 90% working interest in the Brooks asset which covers an approximately area of 69,000 acres located in Alberta. It also owns 100% working interest in the Thorsby asset which covers an approximately area of 62,800 acres locate… Read more
Calima Energy Limited (CLMEF) - Net Assets
Latest net assets as of December 2023: $83.41 Million USD
Based on the latest financial reports, Calima Energy Limited (CLMEF) has net assets worth $83.41 Million USD as of December 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($122.86 Million) and total liabilities ($39.45 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 | $83.41 Million |
| % of Total Assets | 67.89% |
| Annual Growth Rate | 9.62% |
| 5-Year Change | 27.95% |
| 10-Year Change | N/A |
| Growth Volatility | 33.17 |
Calima Energy Limited - Net Assets Trend (2018–2023)
This chart illustrates how Calima Energy Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Calima Energy Limited (2018–2023)
The table below shows the annual net assets of Calima Energy Limited from 2018 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $83.41 Million | -33.69% |
| 2022-12-31 | $125.78 Million | +46.52% |
| 2021-12-31 | $85.84 Million | +50.93% |
| 2020-12-31 | $56.88 Million | -12.75% |
| 2019-12-31 | $65.19 Million | +23.71% |
| 2018-12-31 | $52.69 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Calima Energy Limited'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 5854610100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $389.14 Million | 466.57% |
| Total Equity | $83.41 Million | 100.00% |
Calima Energy Limited Competitors by Market Cap
The table below lists competitors of Calima Energy Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
High Arctic Energy Services Inc
PINK:HGHAF
|
$3.92 Million |
|
Locafy Limited
NASDAQ:LCFYW
|
$3.92 Million |
|
Haily Group Bhd
KLSE:0237
|
$3.92 Million |
|
Hochiminh City Metal Corp
VN:HMC
|
$3.92 Million |
|
Minbos Resources Limited
F:OMB
|
$3.92 Million |
|
Copper Road Resources Inc.
V:CRD
|
$3.92 Million |
|
Kirkland Lake Discoveries Corp.
PINK:KLKLF
|
$3.92 Million |
|
Innovision FlexTech Corporation
TWO:6673
|
$3.91 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Calima Energy Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 125,775,000 to 83,405,000, a change of -42,370,000 (-33.7%).
- Net loss of 41,395,000 reduced equity.
- Share repurchases of 7,509,000 reduced equity.
- Other factors increased equity by 6,534,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-41.40 Million | -49.63% |
| Share Repurchases | $7.51 Million | -9.0% |
| Other Changes | $6.53 Million | +7.83% |
| Total Change | $- | -33.69% |
Book Value vs Market Value Analysis
This analysis compares Calima Energy Limited'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: 0.09x
- 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 |
|---|---|---|---|
| 2018-12-31 | $0.73 | $0.01 | x |
| 2019-12-31 | $0.60 | $0.01 | x |
| 2020-12-31 | $0.52 | $0.01 | x |
| 2021-12-31 | $0.17 | $0.01 | x |
| 2022-12-31 | $0.21 | $0.01 | x |
| 2023-12-31 | $0.13 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Calima Energy Limited 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): -49.63%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3934.89%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 1.47x
- Recent ROE (-49.63%) is below the historical average (-14.73%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -5.93% | 0.00% | 0.00x | 1.08x | $-8.40 Million |
| 2019 | -2.43% | -678.85% | 0.00x | 1.07x | $-8.10 Million |
| 2020 | -11.24% | -2440.76% | 0.00x | 1.12x | $-12.08 Million |
| 2021 | -37.26% | -82.90% | 0.25x | 1.79x | $-40.56 Million |
| 2022 | 18.13% | 23.06% | 0.57x | 1.38x | $10.23 Million |
| 2023 | -49.63% | -3934.89% | 0.01x | 1.47x | $-49.74 Million |
Industry Comparison
This section compares Calima Energy Limited'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 |
|---|---|---|---|---|
| Calima Energy Limited (CLMEF) | $83.41 Million | -5.93% | 0.47x | $3.92 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 |