Canacol Energy Ltd.
Canacol Energy Ltd operates as an oil and gas company in Colombia. It engages in the exploration and development of natural gas. The company was formerly known as BrazAlta Resources Corp. and changed its name to Canacol Energy Ltd in February 2009. Canacol Energy Ltd was incorporated in 1970 and is headquartered in Calgary, Canada. Canacol Energy Ltd is a subsidiary of CDS Clearing and Depository… Read more
Canacol Energy Ltd. (CNNEF) - Net Assets
Latest net assets as of September 2025: $385.60 Million USD
Based on the latest financial reports, Canacol Energy Ltd. (CNNEF) has net assets worth $385.60 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 ($1.29 Billion) and total liabilities ($906.82 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 | $385.60 Million |
| % of Total Assets | 29.84% |
| Annual Growth Rate | 14.21% |
| 5-Year Change | 54.86% |
| 10-Year Change | 5.89% |
| Growth Volatility | 65.19 |
Canacol Energy Ltd. - Net Assets Trend (2007–2024)
This chart illustrates how Canacol Energy Ltd.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Canacol Energy Ltd. (2007–2024)
The table below shows the annual net assets of Canacol Energy Ltd. from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $321.14 Million | -8.68% |
| 2023-12-31 | $351.67 Million | +20.46% |
| 2022-12-31 | $291.94 Million | +57.69% |
| 2021-12-31 | $185.13 Million | -10.73% |
| 2020-12-31 | $207.37 Million | -14.57% |
| 2019-12-31 | $242.75 Million | +18.16% |
| 2018-12-31 | $205.44 Million | -14.09% |
| 2017-12-31 | $239.14 Million | -36.46% |
| 2016-12-31 | $376.39 Million | +24.10% |
| 2015-12-31 | $303.29 Million | -11.08% |
| 2014-12-31 | $341.09 Million | -14.83% |
| 2013-12-31 | $400.47 Million | +62.22% |
| 2012-12-31 | $246.87 Million | -15.37% |
| 2011-12-31 | $291.70 Million | +45.51% |
| 2010-12-31 | $200.46 Million | +77.05% |
| 2009-12-31 | $113.23 Million | +252.91% |
| 2008-12-31 | $32.08 Million | -4.37% |
| 2007-12-31 | $33.55 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Canacol Energy Ltd.'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 10534600000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $105.35 Million | 32.80% |
| Other Components | $215.79 Million | 67.20% |
| Total Equity | $321.14 Million | 100.00% |
Canacol Energy Ltd. Competitors by Market Cap
The table below lists competitors of Canacol Energy Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Flexopack Société Anonyme Commercial and Industrial Plastics Company
AT:FLEXO
|
$36.17 Million |
|
iFamily Co. Ltd.
KQ:114840
|
$36.18 Million |
|
Sturgis Bancorp Inc
OTCQX:STBI
|
$36.19 Million |
|
Train Alliance Sweden AB (publ)
F:7EF
|
$36.20 Million |
|
Clicks
JSE:CLS
|
$36.15 Million |
|
DOREL INDS INC. A
F:DO4C
|
$36.14 Million |
|
EKINOPS S.A
F:E0J
|
$36.13 Million |
|
Tex Year Industries Inc
TW:4720
|
$36.13 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Canacol Energy Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 351,674,000 to 321,141,000, a change of -30,533,000 (-8.7%).
- Net loss of 32,732,000 reduced equity.
- Dividend payments of 6,706,000 reduced retained earnings.
- New share issuances of 21,000 increased equity.
- Other factors increased equity by 8,884,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-32.73 Million | -10.19% |
| Dividends Paid | $6.71 Million | -2.09% |
| Share Issuances | $21.00K | +0.01% |
| Other Changes | $8.88 Million | +2.77% |
| Total Change | $- | -8.68% |
Book Value vs Market Value Analysis
This analysis compares Canacol Energy Ltd.'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: 0.25x
- 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 |
|---|---|---|---|
| 2015-12-31 | $0.00 | $2.35 | x |
| 2016-12-31 | $0.00 | $2.35 | x |
| 2017-12-31 | $1.36 | $2.35 | x |
| 2018-12-31 | $1.16 | $2.35 | x |
| 2019-12-31 | $1.35 | $2.35 | x |
| 2020-12-31 | $1.16 | $2.35 | x |
| 2021-12-31 | $1.05 | $2.35 | x |
| 2022-12-31 | $8.56 | $2.35 | x |
| 2023-12-31 | $10.31 | $2.35 | x |
| 2024-12-31 | $9.41 | $2.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Canacol Energy Ltd. 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): -10.19%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -8.71%
- • Asset Turnover: 0.31x
- • Equity Multiplier: 3.79x
- Recent ROE (-10.19%) is below the historical average (-3.11%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 0.00% | 0.00% | 0.25x | 3.54x | $-3.08 Million |
| 2008 | 0.00% | 0.00% | 0.12x | 2.28x | $-3.21 Million |
| 2009 | 0.00% | 0.00% | 0.14x | 1.40x | $-11.32 Million |
| 2010 | 0.00% | 0.00% | 0.36x | 1.58x | $-20.05 Million |
| 2011 | 6.37% | 10.04% | 0.45x | 1.40x | $-10.57 Million |
| 2012 | 0.00% | 0.00% | 0.31x | 1.93x | $-24.69 Million |
| 2013 | 2.48% | 4.78% | 0.27x | 1.89x | $-30.11 Million |
| 2014 | -24.88% | -57.03% | 0.22x | 1.96x | $-118.97 Million |
| 2015 | -58.58% | -190.85% | 0.14x | 2.20x | $-207.98 Million |
| 2016 | 6.30% | 15.98% | 0.19x | 2.10x | $-13.92 Million |
| 2017 | -61.90% | -93.15% | 0.23x | 2.91x | $-171.94 Million |
| 2018 | -10.63% | -9.82% | 0.32x | 3.43x | $-42.38 Million |
| 2019 | 14.11% | 14.15% | 0.32x | 3.11x | $9.97 Million |
| 2020 | -2.29% | -1.70% | 0.37x | 3.62x | $-25.48 Million |
| 2021 | 8.20% | 4.89% | 0.37x | 4.56x | $-3.34 Million |
| 2022 | 50.45% | 43.87% | 0.33x | 3.48x | $118.08 Million |
| 2023 | 24.52% | 27.31% | 0.26x | 3.51x | $51.07 Million |
| 2024 | -10.19% | -8.71% | 0.31x | 3.79x | $-64.85 Million |
Industry Comparison
This section compares Canacol Energy Ltd.'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 |
|---|---|---|---|---|
| Canacol Energy Ltd. (CNNEF) | $385.60 Million | 0.00% | 2.35x | $36.17 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 |