Zion Oil & Gas Inc
Zion Oil & Gas, Inc., together with its subsidiaries, operates as an oil and gas exploration company in Israel. It holds a petroleum exploration license onshore Israel, the New Megiddo License 434 comprising an area of approximately 75,000 acres or 302 square kilometers. The company was incorporated in 2000 and is based in Dallas, Texas.
Zion Oil & Gas Inc (ZNOG) - Net Assets
Latest net assets as of September 2025: $41.67 Million USD
Based on the latest financial reports, Zion Oil & Gas Inc (ZNOG) has net assets worth $41.67 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($44.70 Million) and total liabilities ($3.03 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 | $41.67 Million |
| % of Total Assets | 93.22% |
| Annual Growth Rate | 20.85% |
| 5-Year Change | -19.16% |
| 10-Year Change | 225.1% |
| Growth Volatility | 241.31 |
Zion Oil & Gas Inc - Net Assets Trend (2002–2024)
This chart illustrates how Zion Oil & 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 Zion Oil & Gas Inc (2002–2024)
The table below shows the annual net assets of Zion Oil & Gas Inc from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $28.38 Million | +28.90% |
| 2023-12-31 | $22.02 Million | -4.68% |
| 2022-12-31 | $23.10 Million | -59.74% |
| 2021-12-31 | $57.38 Million | +63.42% |
| 2020-12-31 | $35.11 Million | +163.50% |
| 2019-12-31 | $13.32 Million | +159.78% |
| 2018-12-31 | $5.13 Million | -79.01% |
| 2017-12-31 | $24.44 Million | +218.85% |
| 2016-12-31 | $7.67 Million | -12.20% |
| 2015-12-31 | $8.73 Million | -17.02% |
| 2014-12-31 | $10.52 Million | -16.95% |
| 2013-12-31 | $12.67 Million | -30.58% |
| 2012-12-31 | $18.25 Million | -18.88% |
| 2011-12-31 | $22.49 Million | -51.49% |
| 2010-12-31 | $46.37 Million | +6.75% |
| 2009-12-31 | $43.44 Million | +681.98% |
| 2008-12-31 | $5.55 Million | -4.03% |
| 2007-12-31 | $5.79 Million | -39.83% |
| 2006-12-31 | $9.62 Million | +32.89% |
| 2005-12-31 | $7.24 Million | +931.65% |
| 2004-12-31 | $701.66K | +126.19% |
| 2003-12-31 | $310.21K | -29.54% |
| 2002-12-31 | $440.26K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Zion Oil & 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 decreased by 14328700000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $322.28 Million | 1135.56% |
| Total Equity | $28.38 Million | 100.00% |
Zion Oil & Gas Inc Competitors by Market Cap
The table below lists competitors of Zion Oil & Gas Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Elite Color Environmental Resources
SHE:002998
|
$190.38 Million |
|
en-japan inc.
PINK:ENJPY
|
$190.42 Million |
|
Frontier Group Holdings Inc
NASDAQ:ULCC
|
$190.48 Million |
|
Karnell
ST:KARNEL-B
|
$190.51 Million |
|
CUSTODIAN PROP.INC.LS-01
F:IT3
|
$190.36 Million |
|
Jiangsu Yida Chemical Co Ltd Class A
SHE:300721
|
$190.27 Million |
|
ClearSign Technologies Corp.
LSE:0I0B
|
$190.24 Million |
|
Shanghai New Centurion Network Information Technology Co Ltd
SHG:605398
|
$190.20 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zion Oil & Gas Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 22,018,000 to 28,381,000, a change of 6,363,000 (28.9%).
- Net loss of 7,343,000 reduced equity.
- New share issuances of 16,257,000 increased equity.
- Other factors decreased equity by 2,551,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-7.34 Million | -25.87% |
| Share Issuances | $16.26 Million | +57.28% |
| Other Changes | $-2.55 Million | -8.99% |
| Total Change | $- | 28.90% |
Book Value vs Market Value Analysis
This analysis compares Zion Oil & 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
- Current price-to-book ratio: 6.12x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 0.97x to 6.12x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | $0.19 | $0.18 | x |
| 2017-12-31 | $0.44 | $0.18 | x |
| 2018-12-31 | $0.08 | $0.18 | x |
| 2019-12-31 | $0.11 | $0.18 | x |
| 2020-12-31 | $0.15 | $0.18 | x |
| 2021-12-31 | $0.16 | $0.18 | x |
| 2022-12-31 | $0.04 | $0.18 | x |
| 2023-12-31 | $0.03 | $0.18 | x |
| 2024-12-31 | $0.03 | $0.18 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zion Oil & 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): -25.87%
- 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: 1.12x
- Recent ROE (-25.87%) is above the historical average (-143.56%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -111.06% | 0.00% | 0.00x | 1.52x | $-9.28 Million |
| 2017 | -40.87% | 0.00% | 0.00x | 1.37x | $-12.43 Million |
| 2018 | -750.85% | 0.00% | 0.00x | 2.44x | $-39.02 Million |
| 2019 | -50.23% | 0.00% | 0.00x | 1.40x | $-8.03 Million |
| 2020 | -19.93% | 0.00% | 0.00x | 1.24x | $-10.51 Million |
| 2021 | -18.69% | 0.00% | 0.00x | 1.11x | $-16.46 Million |
| 2022 | -238.43% | 0.00% | 0.00x | 1.19x | $-57.39 Million |
| 2023 | -36.14% | 0.00% | 0.00x | 1.14x | $-10.16 Million |
| 2024 | -25.87% | 0.00% | 0.00x | 1.12x | $-10.18 Million |
Industry Comparison
This section compares Zion Oil & 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 |
|---|---|---|---|---|
| Zion Oil & Gas Inc (ZNOG) | $41.67 Million | -111.06% | 0.07x | $190.37 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 |