Axis Energy Corp
Axis Energy Corporation engages in the acquisition and development of oil and gas properties. The company was founded in 1992 and is based in Houston, Texas.
Axis Energy Corp (AXGC) - Net Assets
Latest net assets as of September 2013: $96.08K USD
Based on the latest financial reports, Axis Energy Corp (AXGC) has net assets worth $96.08K USD as of September 2013.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($108.94K) and total liabilities ($12.86K). 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 | $96.08K |
| % of Total Assets | 88.2% |
| Annual Growth Rate | -25.69% |
| 5-Year Change | -35.3% |
| 10-Year Change | N/A |
| Growth Volatility | 22.16 |
Axis Energy Corp - Net Assets Trend (2008–2013)
This chart illustrates how Axis Energy 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 Axis Energy Corp (2008–2013)
The table below shows the annual net assets of Axis Energy Corp from 2008 to 2013.
| Year | Net Assets | Change |
|---|---|---|
| 2013-12-31 | $94.06K | -9.88% |
| 2012-12-31 | $104.37K | -4.89% |
| 2011-12-31 | $109.73K | -10.46% |
| 2010-12-31 | $122.56K | -15.69% |
| 2009-12-31 | $145.37K | -64.96% |
| 2008-12-31 | $414.88K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Axis Energy 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 32082000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2013)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $41.66K | 44.30% |
| Other Components | $763.90K | 812.18% |
| Total Equity | $94.06K | 100.00% |
Axis Energy Corp Competitors by Market Cap
The table below lists competitors of Axis Energy Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Forecastagility Corporation
PINK:FCGY
|
$1.81 |
|
USA Real Estate Holding Co
PINK:USTC
|
$1.81 |
|
Cannalink Inc
PINK:CNLK
|
$1.81 |
|
Ballistic Recovery Systems Inc
PINK:BRSI
|
$1.81 |
|
Aida Pharmaceuticals Inc
PINK:AIDA
|
$1.80 |
|
RDVA Inc
PINK:RDVA
|
$1.80 |
|
Medical Supply International USA Inc
PINK:MSIU
|
$1.80 |
|
Guaranty Financial Corporation
PINK:GFCJ
|
$1.80 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Axis Energy Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2012 to 2013, total equity changed from 104,367 to 94,056, a change of -10,311 (-9.9%).
- Net loss of 10,311 reduced equity.
Equity Change Factors (2012 to 2013)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-10.31K | -10.96% |
| Total Change | $- | -9.88% |
Book Value vs Market Value Analysis
This analysis compares Axis Energy 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: 0.09x
- 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 |
|---|---|---|---|
| 2008-12-31 | $0.01 | $0.00 | x |
| 2009-12-31 | $0.00 | $0.00 | x |
| 2010-12-31 | $0.00 | $0.00 | x |
| 2011-12-31 | $0.00 | $0.00 | x |
| 2012-12-31 | $0.00 | $0.00 | x |
| 2013-12-31 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Axis Energy 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): -10.96%
- 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: 1.14x
- Recent ROE (-10.96%) is above the historical average (-41.51%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | -17.29% | 0.00% | 0.00x | 1.03x | $-113.20K |
| 2009 | -185.40% | 0.00% | 0.00x | 1.08x | $-284.04K |
| 2010 | -18.61% | 0.00% | 0.00x | 1.11x | $-35.07K |
| 2011 | -11.69% | 0.00% | 0.00x | 1.15x | $-23.80K |
| 2012 | -5.14% | 0.00% | 0.00x | 1.12x | $-15.80K |
| 2013 | -10.96% | 0.00% | 0.00x | 1.14x | $-19.72K |
Industry Comparison
This section compares Axis Energy 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: $1,751,793,864
- Average return on equity (ROE) among peers: -1.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Axis Energy Corp (AXGC) | $96.08K | -17.29% | 0.13x | $1.80 |
| 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 |