Australian Oil & Gas Corporation
Australian Oil & Gas Corporation, an exploration stage company, engages in the exploration of natural gas, crude oil, and natural gas liquids in Australia. The company, through its indirect subsidiaries, holds joint venture interests in three petroleum exploration permits in the offshore areas adjacent to Australia. It focuses on the exploration in the Browse basin and Bonaparte basin regions. Au… Read more
Australian Oil & Gas Corporation (AOGC) - Net Assets
Latest net assets as of March 2012: $524.00K USD
Based on the latest financial reports, Australian Oil & Gas Corporation (AOGC) has net assets worth $524.00K USD as of March 2012.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.55 Million) and total liabilities ($1.03 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 | $524.00K |
| % of Total Assets | 33.76% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 85.5 |
Australian Oil & Gas Corporation - Net Assets Trend (1999–2011)
This chart illustrates how Australian Oil & Gas 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 Australian Oil & Gas Corporation (1999–2011)
The table below shows the annual net assets of Australian Oil & Gas Corporation from 1999 to 2011.
| Year | Net Assets | Change |
|---|---|---|
| 2011-12-31 | $619.00K | -20.84% |
| 2010-12-31 | $782.00K | +210.14% |
| 2009-12-31 | $-710.00K | -85.38% |
| 2008-12-31 | $-383.00K | +3.77% |
| 2007-12-31 | $-398.00K | -209.64% |
| 2006-12-31 | $363.00K | +229.64% |
| 2005-12-31 | $-280.00K | -33.97% |
| 2004-12-31 | $-209.00K | -91.74% |
| 2003-12-31 | $-109.00K | +96.26% |
| 2002-12-31 | $-2.92 Million | -229.85% |
| 2001-12-31 | $2.25 Million | -93.89% |
| 2000-12-31 | $36.73 Million | +3038.21% |
| 1999-12-31 | $-1.25 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Australian Oil & Gas 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 1961400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2011)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $50.00K | 8.08% |
| Other Comprehensive Income | $379.00K | 61.23% |
| Other Components | $2.97 Million | 479.48% |
| Total Equity | $619.00K | 100.00% |
Australian Oil & Gas Corporation Competitors by Market Cap
The table below lists competitors of Australian Oil & Gas Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tykhe Corp
PINK:HALB
|
$20.80 |
|
Kings Arms Yard Vct Plc
LSE:KAY
|
$20.84 |
|
Topcon Corporation
PINK:TOPCF
|
$21.00 |
|
Naeem Holding
EGX:NAHO
|
$21.13 |
|
GAS2GRID
BE:GT4
|
$20.74 |
|
Buyer Group International Inc
PINK:BYRG
|
$20.50 |
|
ASO SAVINGS AND LOANS PLC
XNSA:ASOSAVINGS
|
$20.43 |
|
IVIXD
PINK:IVIXD
|
$20.38 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Australian Oil & Gas Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2010 to 2011, total equity changed from 782,000 to 619,000, a change of -163,000 (-20.8%).
- Net loss of 328,000 reduced equity.
- Other comprehensive income increased equity by 75,000.
- Other factors increased equity by 90,000.
Equity Change Factors (2010 to 2011)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-328.00K | -52.99% |
| Other Comprehensive Income | $75.00K | +12.12% |
| Other Changes | $90.00K | +14.54% |
| Total Change | $- | -20.84% |
Book Value vs Market Value Analysis
This analysis compares Australian Oil & Gas 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
- Current price-to-book ratio: 0.17x
- 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 |
|---|---|---|---|
| 1999-12-31 | $-0.11 | $0.00 | x |
| 2000-12-31 | $1.87 | $0.00 | x |
| 2001-12-31 | $0.07 | $0.00 | x |
| 2002-12-31 | $-0.07 | $0.00 | x |
| 2004-12-31 | $-0.01 | $0.00 | x |
| 2005-12-31 | $-0.01 | $0.00 | x |
| 2006-12-31 | $0.01 | $0.00 | x |
| 2007-12-31 | $-0.01 | $0.00 | x |
| 2008-12-31 | $-0.01 | $0.00 | x |
| 2009-12-31 | $-0.02 | $0.00 | x |
| 2010-12-31 | $0.02 | $0.00 | x |
| 2011-12-31 | $0.01 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Australian Oil & Gas 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): -52.99%
- 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: 2.52x
- Recent ROE (-52.99%) is above the historical average (-138.30%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | 0.00% | -921.00% | 1.10x | 0.00x | $-1.72 Million |
| 2000 | -16.53% | -19311.13% | 0.00x | 1.10x | $-9.74 Million |
| 2001 | -1710.42% | 0.00% | 0.00x | 2.76x | $-38.64 Million |
| 2002 | 0.00% | 0.00% | 0.00x | 0.00x | $-12.98 Million |
| 2004 | 0.00% | 0.00% | 0.00x | 0.00x | $-79.10K |
| 2005 | 0.00% | 0.00% | 0.00x | 0.00x | $-293.00K |
| 2006 | -44.90% | 0.00% | 0.00x | 2.03x | $-199.30K |
| 2007 | 0.00% | 0.00% | 0.00x | 0.00x | $-775.20K |
| 2008 | 0.00% | 0.00% | 0.00x | 0.00x | $-350.70K |
| 2009 | 0.00% | 0.00% | 0.00x | 0.00x | $-420.00K |
| 2010 | 165.22% | 0.00% | 0.00x | 3.95x | $1.21 Million |
| 2011 | -52.99% | 0.00% | 0.00x | 2.52x | $-389.90K |
Industry Comparison
This section compares Australian Oil & Gas 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: $1,751,793,864
- Average return on equity (ROE) among peers: -1.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Australian Oil & Gas Corporation (AOGC) | $524.00K | 0.00% | 1.96x | $20.80 |
| 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 |