Altura Energy Inc
Tenaz Energy Corp., an energy company, engages in the acquisition and development of oil and gas properties in Canada and the Netherlands. It engages in the semi-conventional and conventional development of oil reservoirs; and operation of non-operated offshore natural gas assets. The company was formerly known as Altura Energy Inc. and changed its name to Tenaz Energy Corp. Tenaz Energy Corp. wa… Read more
Altura Energy Inc (ATUUF) - Net Assets
Latest net assets as of September 2025: $312.59 Million USD
Based on the latest financial reports, Altura Energy Inc (ATUUF) has net assets worth $312.59 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 ($2.24 Billion) and total liabilities ($1.93 Billion). 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 | $312.59 Million |
| % of Total Assets | 13.93% |
| Annual Growth Rate | 37.63% |
| 5-Year Change | 302.33% |
| 10-Year Change | 146.81% |
| Growth Volatility | 93.55 |
Altura Energy Inc - Net Assets Trend (2007–2024)
This chart illustrates how Altura Energy 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 Altura Energy Inc (2007–2024)
The table below shows the annual net assets of Altura Energy Inc from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $92.12 Million | -4.39% |
| 2023-12-31 | $96.35 Million | +35.00% |
| 2022-12-31 | $71.37 Million | +9.27% |
| 2021-12-31 | $65.31 Million | +185.24% |
| 2020-12-31 | $22.90 Million | -48.95% |
| 2019-12-31 | $44.86 Million | +7.14% |
| 2018-12-31 | $41.87 Million | +9.70% |
| 2017-12-31 | $38.16 Million | +2.64% |
| 2016-12-31 | $37.18 Million | -0.39% |
| 2015-12-31 | $37.33 Million | +135.23% |
| 2014-12-31 | $15.87 Million | +33.53% |
| 2013-12-31 | $11.88 Million | +2.39% |
| 2012-12-31 | $11.61 Million | +41.44% |
| 2011-12-31 | $8.21 Million | +271.26% |
| 2010-12-31 | $2.21 Million | -14.34% |
| 2009-12-31 | $2.58 Million | +262.92% |
| 2008-12-31 | $710.99K | +76.07% |
| 2007-12-31 | $403.82K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Altura Energy 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 grown by 338018.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $12.91 Million | 14.01% |
| Common Stock | $63.41 Million | 68.82% |
| Other Comprehensive Income | $950.00K | 1.03% |
| Other Components | $14.86 Million | 16.13% |
| Total Equity | $92.12 Million | 100.00% |
Altura Energy Inc Competitors by Market Cap
The table below lists competitors of Altura Energy Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shandong Sinoglory Health
SHG:603182
|
$196.39 Million |
|
Lotus Resources Limited
OTCQX:LTSRF
|
$196.39 Million |
|
Fujian SBS Zipper Science Tech
SHE:002098
|
$196.39 Million |
|
AURORA DESIGN
BK:AURA-R
|
$196.40 Million |
|
Jiangxi Guoguang Commercial Chains Co Ltd
SHG:605188
|
$196.33 Million |
|
Prodea Real Estate Investment Co.
AT:PRODEA
|
$196.32 Million |
|
CompuGroup Medical SE & Co. KGaA
PINK:CMPVF
|
$196.32 Million |
|
Zhejiang Yuejian Intelligent Equipment Co Ltd
SHG:603095
|
$196.31 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Altura Energy Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 96,353,000 to 92,125,000, a change of -4,228,000 (-4.4%).
- Net loss of 7,713,000 reduced equity.
- Share repurchases of 1,230,000 reduced equity.
- Other comprehensive income increased equity by 696,000.
- Other factors increased equity by 4,019,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-7.71 Million | -8.37% |
| Share Repurchases | $1.23 Million | -1.34% |
| Other Comprehensive Income | $696.00K | +0.76% |
| Other Changes | $4.02 Million | +4.36% |
| Total Change | $- | -4.39% |
Book Value vs Market Value Analysis
This analysis compares Altura Energy 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: 2.41x
- 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 85.29x to 2.41x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | $0.10 | $8.20 | x |
| 2008-12-31 | $6.99 | $8.20 | x |
| 2009-12-31 | $24.71 | $8.20 | x |
| 2010-12-31 | $10.42 | $8.20 | x |
| 2011-12-31 | $26.10 | $8.20 | x |
| 2012-12-31 | $4.48 | $8.20 | x |
| 2013-12-31 | $3.30 | $8.20 | x |
| 2014-12-31 | $4.40 | $8.20 | x |
| 2015-12-31 | $5.42 | $8.20 | x |
| 2016-12-31 | $3.25 | $8.20 | x |
| 2017-12-31 | $3.34 | $8.20 | x |
| 2018-12-31 | $3.61 | $8.20 | x |
| 2019-12-31 | $3.89 | $8.20 | x |
| 2020-12-31 | $2.10 | $8.20 | x |
| 2021-12-31 | $4.39 | $8.20 | x |
| 2022-12-31 | $2.47 | $8.20 | x |
| 2023-12-31 | $3.32 | $8.20 | x |
| 2024-12-31 | $3.40 | $8.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Altura Energy 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): -8.37%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -12.24%
- • Asset Turnover: 0.16x
- • Equity Multiplier: 4.24x
- Recent ROE (-8.37%) is below the historical average (-4.22%), 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 | 0.95% | 0.00% | 0.00x | 1.05x | $-36.56K |
| 2008 | -34.73% | -1300.84% | 0.01x | 2.56x | $-318.05K |
| 2009 | 0.42% | 100.33% | 0.00x | 1.26x | $-247.14K |
| 2010 | -3.73% | -4.79% | 0.72x | 1.08x | $-303.50K |
| 2011 | 3.54% | 23.88% | 0.12x | 1.26x | $-529.71K |
| 2012 | -13.54% | -146.55% | 0.07x | 1.26x | $-2.73 Million |
| 2013 | -5.29% | -28.38% | 0.14x | 1.33x | $-1.82 Million |
| 2014 | 22.54% | 55.97% | 0.32x | 1.25x | $1.99 Million |
| 2015 | -10.20% | -68.22% | 0.14x | 1.10x | $-7.54 Million |
| 2016 | -3.36% | -14.89% | 0.18x | 1.23x | $-4.97 Million |
| 2017 | -0.27% | -0.57% | 0.35x | 1.33x | $-3.92 Million |
| 2018 | 6.43% | 15.99% | 0.31x | 1.29x | $-1.49 Million |
| 2019 | 4.94% | 8.60% | 0.47x | 1.23x | $-2.27 Million |
| 2020 | -82.95% | -220.48% | 0.25x | 1.50x | $-21.28 Million |
| 2021 | 12.77% | 46.77% | 0.24x | 1.15x | $1.81 Million |
| 2022 | 7.34% | 15.36% | 0.17x | 2.86x | $-1.90 Million |
| 2023 | 27.55% | 44.25% | 0.25x | 2.48x | $16.91 Million |
| 2024 | -8.37% | -12.24% | 0.16x | 4.24x | $-16.93 Million |
Industry Comparison
This section compares Altura Energy 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: $725,430,102
- Average return on equity (ROE) among peers: -4.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Altura Energy Inc (ATUUF) | $312.59 Million | 0.95% | 6.18x | $196.38 Million |
| Advantage Energy Ltd. (AAVVF) | $1.46 Billion | 28.18% | 0.37x | $922.80 Million |
| ADX Energy Ltd (ADXRF) | $6.43 Million | -102.77% | 0.09x | $9.58 Million |
| ARC Resources Ltd. (AETUF) | $3.67 Billion | 10.60% | 0.70x | $10.30 Billion |
| Aminex PLC (AEXFF) | $53.12 Million | -6.15% | 0.15x | $77.17 Million |
| Aker BP ASA (AKRBF) | $1.99 Billion | 2.25% | 5.25x | $6.29 Billion |
| Arkanova Energy Corporation (AKVA) | $-11.63 Million | 0.00% | 0.00x | $4.92K |
| Allied Resources Inc (ALOD) | $1.91 Million | -8.89% | 0.28x | $428.76K |
| Altex Industries Inc (ALTX) | $1.30 Million | -5.62% | 0.84x | $1.08 Million |
| Alvopetro Energy Ltd (ALVOF) | $80.73 Million | -15.39% | 0.04x | $117.02 Million |
| AMEN Properties Inc (AMEN) | $6.15 Million | 55.97% | 0.13x | $4.80 Million |