Arkanova Energy Corporation
Arkanova Energy Corporation operates as a junior producing oil and gas company in the United States. It engages in the acquisition, exploration, and development of prospective oil and gas properties; and hold mineral leases in leasehold interests located in Pondera and Glacier Counties, Montana. The company is headquartered in Austin, Texas.
Arkanova Energy Corporation (AKVA) - Net Assets
Latest net assets as of September 2016: $-18.97 Million USD
Based on the latest financial reports, Arkanova Energy Corporation (AKVA) has net assets worth $-18.97 Million USD as of September 2016.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($567.84K) and total liabilities ($19.53 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 | $-18.97 Million |
| % of Total Assets | -3340.09% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | -244.82% |
| Growth Volatility | 246.73 |
Arkanova Energy Corporation - Net Assets Trend (2003–2016)
This chart illustrates how Arkanova Energy Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Arkanova Energy Corporation (2003–2016)
The table below shows the annual net assets of Arkanova Energy Corporation from 2003 to 2016.
| Year | Net Assets | Change |
|---|---|---|
| 2016-09-30 | $-18.97 Million | -26.92% |
| 2015-09-30 | $-14.94 Million | -28.50% |
| 2014-09-30 | $-11.63 Million | -26.50% |
| 2013-09-30 | $-9.19 Million | -35.51% |
| 2012-09-30 | $-6.78 Million | +40.48% |
| 2011-09-30 | $-11.40 Million | -6.42% |
| 2010-09-30 | $-10.71 Million | -563.67% |
| 2009-09-30 | $2.31 Million | -80.96% |
| 2008-09-30 | $12.13 Million | -7.39% |
| 2007-09-30 | $13.10 Million | +102579.14% |
| 2006-09-30 | $-12.78K | +64.01% |
| 2005-09-30 | $-35.51K | -303.29% |
| 2004-09-30 | $-8.80K | 0.00% |
| 2003-09-30 | $-8.80K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Arkanova Energy Corporation'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 3839704500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2016)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $54.18K | % |
| Other Components | $19.40 Million | % |
| Total Equity | $-18.97 Million | 100.00% |
Arkanova Energy Corporation Competitors by Market Cap
The table below lists competitors of Arkanova Energy Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PETRA FOODS
BE:FXB
|
$4.92K |
|
Yappn Corp
PINK:YPPN
|
$4.93K |
|
238170
KO:238170
|
$4.93K |
|
ECA Marcellus Trust I Unit
PINK:ECTM
|
$4.93K |
|
GIGLIO.COM S.P.A. O.N.
F:5JR0
|
$4.92K |
|
SHANGHAI ELECT -H-
MU:USR
|
$4.92K |
|
Republic Digital Acquisition Company Warrants
NASDAQ:RDAGW
|
$4.92K |
|
Proto Script Pharmaceutical Corp
PINK:PSCR
|
$4.91K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Arkanova Energy Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2015 to 2016, total equity changed from -14,944,262 to -18,966,520, a change of -4,022,258.
- Net loss of 4,022,258 reduced equity.
- Other factors decreased equity by 0.
Equity Change Factors (2015 to 2016)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-4.02 Million | -21.21% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Arkanova Energy Corporation'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 |
|---|---|---|---|
| 2003-09-30 | $0.00 | $0.00 | x |
| 2004-09-30 | $0.00 | $0.00 | x |
| 2005-09-30 | $0.00 | $0.00 | x |
| 2006-09-30 | $0.00 | $0.00 | x |
| 2007-09-30 | $0.46 | $0.00 | x |
| 2008-09-30 | $0.34 | $0.00 | x |
| 2009-09-30 | $0.06 | $0.00 | x |
| 2010-09-30 | $-0.28 | $0.00 | x |
| 2011-09-30 | $-0.26 | $0.00 | x |
| 2012-09-30 | $-0.15 | $0.00 | x |
| 2013-09-30 | $-0.19 | $0.00 | x |
| 2014-09-30 | $-0.22 | $0.00 | x |
| 2015-09-30 | $-0.28 | $0.00 | x |
| 2016-09-30 | $-0.35 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Arkanova Energy Corporation 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: -1144.92%
- • Asset Turnover: 0.62x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-32.70%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 0.00% | 0.00% | 0.00x | 0.00x | $-3.28K |
| 2004 | 0.00% | 0.00% | 0.00x | 0.00x | $-9.75K |
| 2005 | 0.00% | 0.00% | 0.00x | 0.00x | $-25.63K |
| 2006 | 0.00% | 0.00% | 0.00x | 0.00x | $-52.66K |
| 2007 | -11.45% | 0.00% | 0.00x | 1.01x | $-2.81 Million |
| 2008 | -14.44% | 0.00% | 0.00x | 1.91x | $-2.96 Million |
| 2009 | -431.88% | -1606.72% | 0.04x | 6.41x | $-10.21 Million |
| 2010 | 0.00% | -1343.27% | 0.22x | 0.00x | $-12.80 Million |
| 2011 | 0.00% | -155.97% | 0.42x | 0.00x | $-928.09K |
| 2012 | 0.00% | 392.25% | 0.40x | 0.00x | $4.52 Million |
| 2013 | 0.00% | -321.44% | 0.35x | 0.00x | $-1.81 Million |
| 2014 | 0.00% | -355.92% | 0.33x | 0.00x | $-1.84 Million |
| 2015 | 0.00% | -734.76% | 0.12x | 0.00x | $-1.83 Million |
| 2016 | 0.00% | -1144.92% | 0.62x | 0.00x | $-2.13 Million |
Industry Comparison
This section compares Arkanova Energy Corporation'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: $1,946,441,572
- Average return on equity (ROE) among peers: -1.64%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Arkanova Energy Corporation (AKVA) | $-18.97 Million | 0.00% | N/A | $4.92K |
| 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 |
| 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 |