Banco Espirito Santo S.A.
Banco Espírito Santo, S.A. is in the process of liquidation of its remaining assets. It was previously engaged in banking operations. The company was formerly known as Banco Espírito Santo e Comercial de Lisboa and changed its name to Banco Espírito Santo, S.A. in 1999. Banco Espírito Santo, S.A. was founded in 1869 and is headquartered in Lisbon, Portugal.
Banco Espirito Santo S.A. (BKESY) - Net Assets
Latest net assets as of December 2016: $-5.65 Billion USD
Based on the latest financial reports, Banco Espirito Santo S.A. (BKESY) has net assets worth $-5.65 Billion USD as of December 2016.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($152.55 Million) and total liabilities ($5.81 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 | $-5.65 Billion |
| % of Total Assets | -3705.91% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 49.18 |
Banco Espirito Santo S.A. - Net Assets Trend (2002–2023)
This chart illustrates how Banco Espirito Santo S.A.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Banco Espirito Santo S.A. (2002–2023)
The table below shows the annual net assets of Banco Espirito Santo S.A. from 2002 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $-10.71 Billion | -41.89% |
| 2022-12-31 | $-7.55 Billion | -2.33% |
| 2021-12-31 | $-7.38 Billion | -4.05% |
| 2020-12-31 | $-7.09 Billion | -9.48% |
| 2019-12-31 | $-6.48 Billion | +9.97% |
| 2018-12-31 | $-7.19 Billion | +0.19% |
| 2017-12-31 | $-7.21 Billion | -16.89% |
| 2016-12-31 | $-6.17 Billion | -3.61% |
| 2015-12-31 | $-5.95 Billion | -317.62% |
| 2014-12-31 | $-1.43 Billion | -124.31% |
| 2013-12-31 | $5.86 Billion | -24.20% |
| 2012-12-31 | $7.73 Billion | +24.87% |
| 2011-12-31 | $6.19 Billion | -9.59% |
| 2010-12-31 | $6.85 Billion | +7.96% |
| 2009-12-31 | $6.34 Billion | +36.34% |
| 2008-12-31 | $4.65 Billion | -14.05% |
| 2007-12-31 | $5.41 Billion | +12.26% |
| 2006-12-31 | $4.82 Billion | +59.18% |
| 2005-12-31 | $3.03 Billion | +18.52% |
| 2004-12-31 | $2.56 Billion | -84.67% |
| 2003-12-31 | $16.68 Billion | +12.03% |
| 2002-12-31 | $14.89 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Banco Espirito Santo S.A.'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 1785638588500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $6.11 Billion | % |
| Other Comprehensive Income | $-6.17 Million | % |
| Other Components | $1.04 Billion | % |
| Total Equity | $-10.71 Billion | 100.00% |
Banco Espirito Santo S.A. Competitors by Market Cap
The table below lists competitors of Banco Espirito Santo S.A. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
RBID.com Inc
PINK:RBDC
|
$0.92 |
|
CSSNQ
NASDAQ:CSSNQ
|
$0.92 |
|
SED International Holdings Inc
PINK:SEDN
|
$0.92 |
|
American Leisure Holdings Inc
PINK:AMLH
|
$0.92 |
|
PPJ Healthcare Enterprises Inc
PINK:PPJE
|
$0.92 |
|
PacificHealth Laboratories Inc
PINK:PHLI
|
$0.92 |
|
St Elmo Silver Mines Corp
PINK:STLM
|
$0.92 |
|
Colombia Energy Resources Inc
PINK:CERX
|
$0.92 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Banco Espirito Santo S.A.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -7,549,837,617 to -10,712,713,103, a change of -3,162,875,486.
- Net loss of 3,004,086,398 reduced equity.
- Other comprehensive income decreased equity by 1,867,035.
- Other factors decreased equity by 156,922,053.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-3.00 Billion | -28.04% |
| Other Comprehensive Income | $-1.87 Million | -0.02% |
| Other Changes | $-156.92 Million | -1.46% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Banco Espirito Santo S.A.'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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-12-31 | $6.30 | $0.00 | x |
| 2004-12-31 | $5.91 | $0.00 | x |
| 2005-12-31 | $9.01 | $0.00 | x |
| 2006-12-31 | $10.40 | $0.00 | x |
| 2007-12-31 | $9.59 | $0.00 | x |
| 2008-12-31 | $8.16 | $0.00 | x |
| 2009-12-31 | $5.48 | $0.00 | x |
| 2010-12-31 | $4.88 | $0.00 | x |
| 2011-12-31 | $4.26 | $0.00 | x |
| 2012-12-31 | $2.07 | $0.00 | x |
| 2013-12-31 | $1.32 | $0.00 | x |
| 2015-12-31 | $-1.06 | $0.00 | x |
| 2016-12-31 | $-1.10 | $0.00 | x |
| 2017-12-31 | $-1.29 | $0.00 | x |
| 2018-12-31 | $-1.28 | $0.00 | x |
| 2019-12-31 | $-1.16 | $0.00 | x |
| 2020-12-31 | $-1.27 | $0.00 | x |
| 2021-12-31 | $-1.32 | $0.00 | x |
| 2022-12-31 | $-1.35 | $0.00 | x |
| 2023-12-31 | $-1.91 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Banco Espirito Santo S.A. 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -56242.06%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (3.53%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 11.11% | 25.10% | 0.02x | 20.60x | $22.31 Million |
| 2003 | 11.94% | 27.93% | 0.02x | 20.65x | $40.63 Million |
| 2004 | 7.94% | 11.43% | 0.03x | 22.54x | $-39.40 Million |
| 2005 | 9.59% | 17.82% | 0.03x | 17.18x | $-11.90 Million |
| 2006 | 8.56% | 23.34% | 0.03x | 12.49x | $-68.32 Million |
| 2007 | 10.98% | 28.43% | 0.03x | 12.96x | $51.81 Million |
| 2008 | 8.39% | 19.53% | 0.03x | 16.71x | $-72.52 Million |
| 2009 | 7.74% | 21.24% | 0.03x | 13.48x | $-137.10 Million |
| 2010 | 7.76% | 21.10% | 0.03x | 13.16x | $-141.09 Million |
| 2011 | 0.36% | 0.92% | 0.03x | 14.32x | $-540.25 Million |
| 2012 | 1.31% | 3.13% | 0.04x | 11.85x | $-613.75 Million |
| 2013 | -7.94% | -53.40% | 0.01x | 11.29x | $-1.05 Billion |
| 2014 | 0.00% | 0.00% | -0.44x | 0.00x | $-8.93 Billion |
| 2015 | 0.00% | 0.00% | -0.61x | 0.00x | $-2.29 Billion |
| 2016 | 0.00% | -1930.31% | 0.13x | 0.00x | $205.15 Million |
| 2017 | 0.00% | -559.45% | 0.15x | 0.00x | $538.69 Million |
| 2018 | 0.00% | -3772.67% | 0.04x | 0.00x | $379.02 Million |
| 2019 | 0.00% | -12084.45% | 0.01x | 0.00x | $399.47 Million |
| 2020 | 0.00% | -1088.35% | 0.26x | 0.00x | $199.59 Million |
| 2021 | 0.00% | -7796.69% | 0.02x | 0.00x | $472.97 Million |
| 2022 | 0.00% | -10357.09% | 0.01x | 0.00x | $505.85 Million |
| 2023 | 0.00% | -56242.06% | 0.03x | 0.00x | $-1.93 Billion |
Industry Comparison
This section compares Banco Espirito Santo S.A.'s net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $22,823,266,317
- Average return on equity (ROE) among peers: 14.64%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Banco Espirito Santo S.A. (BKESY) | $-5.65 Billion | 11.11% | N/A | $0.92 |
| Ameris Bancorp (ABCB) | $514.76 Million | 7.94% | 9.86x | $4.91 Billion |
| ACNB Corporation (ACNB) | $106.80 Million | 8.72% | 8.79x | $452.68 Million |
| Addiko Bank AG (ADBKF) | $6.08 Billion | 0.58% | 0.00x | $210.07 Million |
| Affinity Bancshares Inc (AFBI) | $80.78 Million | 3.82% | 9.53x | $79.98 Million |
| Absa Group Limited (AGRPF) | $56.49 Billion | 12.11% | 11.71x | $6.72 Billion |
| AIB Group plc (AIBGY) | $2.74 Billion | 18.02% | 16.84x | $21.72 Billion |
| Akbank Turk Anonim Sirketi (AKBTY) | $153.61 Billion | 39.08% | 6.47x | $8.60 Billion |
| Alpha Bank SA (ALBKY) | $8.37 Billion | 34.92% | 7.81x | $1.12 Billion |
| Community Capital Bancshares Inc (ALBY) | $9.19 Million | 7.09% | 8.66x | $19.76 Million |
| Alpine Banks of Colorado (ALPIB) | $235.94 Million | 14.17% | 11.96x | $248.47 Million |