Allied Resources Inc
Allied Resources, Inc., an independent oil and natural gas producer, engages in the exploration, development, production, and sale of oil and gas in the United States. It owns varying interests in a total of 145 wells situated on acreage of approximately 3,400 acres in Ritchie and Calhoun counties, West Virginia; and 10 wells situated on acreage of approximately 2,510 acres in Goliad, Edwards, an… Read more
Allied Resources Inc (ALOD) - Net Assets
Latest net assets as of March 2025: $1.91 Million USD
Based on the latest financial reports, Allied Resources Inc (ALOD) has net assets worth $1.91 Million USD as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.44 Million) and total liabilities ($526.55K). 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 | $1.91 Million |
| % of Total Assets | 78.39% |
| Annual Growth Rate | 0.3% |
| 5-Year Change | -25.11% |
| 10-Year Change | -17.34% |
| Growth Volatility | 19.23 |
Allied Resources Inc - Net Assets Trend (2004–2024)
This chart illustrates how Allied Resources 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 Allied Resources Inc (2004–2024)
The table below shows the annual net assets of Allied Resources Inc from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.91 Million | -10.18% |
| 2023-12-31 | $2.12 Million | -11.07% |
| 2022-12-31 | $2.39 Million | -2.33% |
| 2021-12-31 | $2.44 Million | -4.00% |
| 2020-12-31 | $2.55 Million | -7.79% |
| 2019-12-31 | $2.76 Million | +11.65% |
| 2018-12-31 | $2.47 Million | +32.98% |
| 2017-12-31 | $1.86 Million | -9.12% |
| 2016-12-31 | $2.05 Million | -11.29% |
| 2015-12-31 | $2.31 Million | -9.73% |
| 2014-12-31 | $2.55 Million | -0.83% |
| 2013-12-31 | $2.58 Million | +0.23% |
| 2012-12-31 | $2.57 Million | -3.35% |
| 2011-12-31 | $2.66 Million | -27.50% |
| 2010-12-31 | $3.67 Million | -0.70% |
| 2009-12-31 | $3.69 Million | +1.72% |
| 2008-12-31 | $3.63 Million | +8.07% |
| 2007-12-31 | $3.36 Million | +2.62% |
| 2006-12-31 | $3.27 Million | +8.09% |
| 2005-12-31 | $3.03 Million | +68.66% |
| 2004-12-31 | $1.80 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Allied Resources 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 12922300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $5.65K | 0.30% |
| Other Components | $9.96 Million | 522.31% |
| Total Equity | $1.91 Million | 100.00% |
Allied Resources Inc Competitors by Market Cap
The table below lists competitors of Allied Resources Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hiru Corporation
PINK:HIRU
|
$428.98K |
|
BERKELEY GRP - Dusseldorf Stock Exchang
DU:42BA
|
$429.28K |
|
Intergama
TA:INTR
|
$429.77K |
|
LifeX 2030 Income Bucket ETF
BATS:BCKT
|
$429.99K |
|
Tanke Biosciences Corporation
PINK:TNBI
|
$428.17K |
|
CENTRAL SEC. DL 1
F:9G6
|
$428.16K |
|
OMEGA HLTH INV REIT (WX4.SG)
STU:WX4
|
$428.09K |
|
OneApex Limited
F:CWF
|
$427.73K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Allied Resources Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,122,383 to 1,906,282, a change of -216,101 (-10.2%).
- Net loss of 169,488 reduced equity.
- Other comprehensive income decreased equity by 46,613.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-169.49K | -8.89% |
| Other Comprehensive Income | $-46.61K | -2.45% |
| Total Change | $- | -10.18% |
Book Value vs Market Value Analysis
This analysis compares Allied Resources 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: 0.36x
- 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 |
|---|---|---|---|
| 2004-12-31 | $0.32 | $0.12 | x |
| 2005-12-31 | $0.53 | $0.12 | x |
| 2006-12-31 | $0.58 | $0.12 | x |
| 2007-12-31 | $0.59 | $0.12 | x |
| 2008-12-31 | $0.64 | $0.12 | x |
| 2009-12-31 | $0.65 | $0.12 | x |
| 2010-12-31 | $0.65 | $0.12 | x |
| 2011-12-31 | $0.47 | $0.12 | x |
| 2012-12-31 | $0.45 | $0.12 | x |
| 2013-12-31 | $0.46 | $0.12 | x |
| 2014-12-31 | $0.45 | $0.12 | x |
| 2015-12-31 | $0.41 | $0.12 | x |
| 2016-12-31 | $0.36 | $0.12 | x |
| 2017-12-31 | $0.33 | $0.12 | x |
| 2018-12-31 | $0.43 | $0.12 | x |
| 2019-12-31 | $0.47 | $0.12 | x |
| 2020-12-31 | $0.45 | $0.12 | x |
| 2021-12-31 | $0.43 | $0.12 | x |
| 2022-12-31 | $0.42 | $0.12 | x |
| 2023-12-31 | $0.38 | $0.12 | x |
| 2024-12-31 | $0.34 | $0.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Allied Resources 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): -8.89%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -105.08%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 1.28x
- Recent ROE (-8.89%) is below the historical average (0.34%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 32.75% | 78.62% | 0.39x | 1.08x | $408.53K |
| 2005 | 40.71% | 140.40% | 0.28x | 1.05x | $930.17K |
| 2006 | 7.30% | 26.29% | 0.27x | 1.05x | $-88.27K |
| 2007 | 4.34% | 15.92% | 0.26x | 1.06x | $-190.30K |
| 2008 | 6.94% | 20.71% | 0.32x | 1.06x | $-111.18K |
| 2009 | 0.65% | 3.46% | 0.18x | 1.05x | $-345.45K |
| 2010 | -1.75% | -9.62% | 0.17x | 1.06x | $-431.20K |
| 2011 | -39.39% | -186.30% | 0.20x | 1.08x | $-1.31 Million |
| 2012 | -4.97% | -24.49% | 0.19x | 1.09x | $-384.71K |
| 2013 | -0.52% | -2.19% | 0.22x | 1.09x | $-271.05K |
| 2014 | -0.84% | -3.67% | 0.21x | 1.09x | $-276.97K |
| 2015 | -10.78% | -76.30% | 0.13x | 1.11x | $-479.21K |
| 2016 | -12.72% | -85.73% | 0.13x | 1.13x | $-464.87K |
| 2017 | -9.74% | -58.27% | 0.15x | 1.15x | $-366.93K |
| 2018 | 24.69% | 55.01% | 0.40x | 1.12x | $363.16K |
| 2019 | 10.59% | 33.97% | 0.28x | 1.12x | $16.38K |
| 2020 | -9.14% | -161.00% | 0.05x | 1.16x | $-487.30K |
| 2021 | -5.46% | -42.65% | 0.11x | 1.15x | $-377.69K |
| 2022 | -3.81% | -16.11% | 0.21x | 1.14x | $-329.49K |
| 2023 | -12.80% | -210.42% | 0.05x | 1.21x | $-483.86K |
| 2024 | -8.89% | -105.08% | 0.07x | 1.28x | $-360.12K |
Industry Comparison
This section compares Allied Resources 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: $1,946,172,455
- Average return on equity (ROE) among peers: -1.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Allied Resources Inc (ALOD) | $1.91 Million | 32.75% | 0.28x | $428.76K |
| 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 |
| 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 |