Athabasca Oil Corp
Athabasca Oil Corporation engages in the exploration, development, and production of thermal and light oil resource plays in the Western Canadian Sedimentary Basin in Alberta, Canada. It operates in Athabasca (Thermal Oil) and Duvernay Energy segments. The company's principal properties are located in the Greater Kaybob area near the Town of Fox Creek, Alberta; and the Leismer, Hangingstone, Corn… Read more
Athabasca Oil Corp (ATHOF) - Net Assets
Latest net assets as of September 2025: $1.90 Billion USD
Based on the latest financial reports, Athabasca Oil Corp (ATHOF) has net assets worth $1.90 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.54 Billion) and total liabilities ($635.31 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 | $1.90 Billion |
| % of Total Assets | 74.95% |
| Annual Growth Rate | 9.71% |
| 5-Year Change | 228.69% |
| 10-Year Change | -24.91% |
| Growth Volatility | 256.69 |
Athabasca Oil Corp - Net Assets Trend (2007–2024)
This chart illustrates how Athabasca Oil Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Athabasca Oil Corp (2007–2024)
The table below shows the annual net assets of Athabasca Oil Corp from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.86 Billion | +17.70% |
| 2023-12-31 | $1.58 Billion | -7.43% |
| 2022-12-31 | $1.71 Billion | +66.72% |
| 2021-12-31 | $1.03 Billion | +80.94% |
| 2020-12-31 | $567.02 Million | -53.52% |
| 2019-12-31 | $1.22 Billion | +26.31% |
| 2018-12-31 | $965.95 Million | -36.64% |
| 2017-12-31 | $1.52 Billion | -2.09% |
| 2016-12-31 | $1.56 Billion | -37.27% |
| 2015-12-31 | $2.48 Billion | -21.56% |
| 2014-12-31 | $3.16 Billion | -6.22% |
| 2013-12-31 | $3.37 Billion | -2.48% |
| 2012-12-31 | $3.46 Billion | +9.70% |
| 2011-12-31 | $3.15 Billion | +55.20% |
| 2010-12-31 | $2.03 Billion | +1081.09% |
| 2009-12-31 | $172.05 Million | -52.51% |
| 2008-12-31 | $362.27 Million | -5.99% |
| 2007-12-31 | $385.34 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Athabasca Oil Corp'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 35393600000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.96 Billion | 112.44% |
| Other Components | $136.58 Million | 7.82% |
| Total Equity | $1.75 Billion | 100.00% |
Athabasca Oil Corp Competitors by Market Cap
The table below lists competitors of Athabasca Oil Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Longshine Technology Co Ltd
SHE:300682
|
$1.53 Billion |
|
Newell Rubbermaid Inc.
NASDAQ:NWL
|
$1.53 Billion |
|
Marqeta Inc
NASDAQ:MQ
|
$1.53 Billion |
|
Pingdingshan Tianan Coal Mining Co Ltd
SHG:601666
|
$1.53 Billion |
|
Guangdong Shenling Environmental Systems Co. Ltd.
SHE:301018
|
$1.53 Billion |
|
Piramal Enterprises Limited
NSE:PEL
|
$1.53 Billion |
|
FinVolution Group
NYSE:FINV
|
$1.53 Billion |
|
Zhuzhou Kibing Group Co Ltd
SHG:601636
|
$1.53 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Athabasca Oil Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,583,453,000 to 1,747,064,000, a change of 163,611,000 (10.3%).
- Net income of 467,743,000 contributed positively to equity growth.
- Share repurchases of 316,957,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $467.74 Million | +26.77% |
| Share Repurchases | $316.96 Million | -18.14% |
| Other Changes | $12.82 Million | +0.73% |
| Total Change | $- | 10.33% |
Book Value vs Market Value Analysis
This analysis compares Athabasca Oil Corp'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: 1.01x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 1.60x to 1.01x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | $2.00 | $3.19 | x |
| 2009-12-31 | $0.86 | $3.19 | x |
| 2010-12-31 | $5.79 | $3.19 | x |
| 2011-12-31 | $7.85 | $3.19 | x |
| 2012-12-31 | $8.63 | $3.19 | x |
| 2013-12-31 | $8.43 | $3.19 | x |
| 2014-12-31 | $7.88 | $3.19 | x |
| 2015-12-31 | $6.16 | $3.19 | x |
| 2016-12-31 | $3.84 | $3.19 | x |
| 2017-12-31 | $3.05 | $3.19 | x |
| 2018-12-31 | $1.88 | $3.19 | x |
| 2019-12-31 | $2.32 | $3.19 | x |
| 2020-12-31 | $1.07 | $3.19 | x |
| 2021-12-31 | $1.88 | $3.19 | x |
| 2022-12-31 | $2.91 | $3.19 | x |
| 2023-12-31 | $2.71 | $3.19 | x |
| 2024-12-31 | $3.17 | $3.19 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Athabasca Oil Corp 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): 26.77%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 32.44%
- • Asset Turnover: 0.58x
- • Equity Multiplier: 1.42x
- Recent ROE (26.77%) is above the historical average (-4.61%), indicating improving 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% | 0.00x | 1.03x | $-38.53 Million |
| 2008 | -6.80% | -452.16% | 0.01x | 2.21x | $-60.87 Million |
| 2009 | -43.97% | -2952.85% | 0.00x | 5.19x | $-92.86 Million |
| 2010 | 121.77% | 333035.80% | 0.00x | 1.26x | $2.27 Billion |
| 2011 | 4.51% | 3496.68% | 0.00x | 1.25x | $-173.07 Million |
| 2012 | 7.52% | 1008.78% | 0.01x | 1.29x | $-85.74 Million |
| 2013 | -3.74% | -102.97% | 0.03x | 1.29x | $-463.53 Million |
| 2014 | -7.19% | -174.84% | 0.03x | 1.36x | $-543.98 Million |
| 2015 | -28.07% | -811.92% | 0.02x | 1.39x | $-944.99 Million |
| 2016 | -60.16% | -529.00% | 0.08x | 1.45x | $-1.09 Billion |
| 2017 | -13.74% | -27.19% | 0.33x | 1.52x | $-361.87 Million |
| 2018 | -58.97% | -70.36% | 0.44x | 1.89x | $-666.25 Million |
| 2019 | 20.23% | 29.50% | 0.40x | 1.72x | $124.86 Million |
| 2020 | -115.96% | -141.51% | 0.33x | 2.51x | $-714.23 Million |
| 2021 | 44.60% | 45.03% | 0.58x | 1.70x | $355.01 Million |
| 2022 | 33.46% | 42.52% | 0.60x | 1.30x | $401.22 Million |
| 2023 | -3.23% | -4.04% | 0.62x | 1.29x | $-209.57 Million |
| 2024 | 26.77% | 32.44% | 0.58x | 1.42x | $293.04 Million |
Industry Comparison
This section compares Athabasca Oil Corp'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: $1,645,633,110
- Average return on equity (ROE) among peers: 4.41%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Athabasca Oil Corp (ATHOF) | $1.90 Billion | 0.00% | 0.33x | $1.53 Billion |
| Advantage Energy Ltd. (AAVVF) | $1.09 Billion | 1.43% | 0.33x | $922.80 Million |
| ADX Energy Ltd (ADXRF) | $9.63 Million | -5.93% | 0.01x | $9.58 Million |
| ARC Resources Ltd. (AETUF) | $2.79 Billion | -19.61% | 0.78x | $10.30 Billion |
| Aminex PLC (AEXFF) | $20.47 Million | 6.02% | 0.33x | $77.17 Million |
| Aker BP ASA (AKRBF) | $12.43 Billion | 12.90% | 2.02x | $6.29 Billion |
| Arkanova Energy Corporation (AKVA) | $13.10 Million | -11.45% | 0.01x | $4.92K |
| Allied Resources Inc (ALOD) | $3.69 Million | 0.65% | 0.05x | $428.76K |
| Altex Industries Inc (ALTX) | $3.22 Million | -10.59% | 0.04x | $1.08 Million |
| Alvopetro Energy Ltd (ALVOF) | $88.21 Million | 32.34% | 0.25x | $117.02 Million |
| AMEN Properties Inc (AMEN) | $5.59 Million | 38.29% | 0.11x | $5.00 Million |