Brinx Resources Ltd
Brinx Resources Ltd., an independent oil and gas company, engages in the exploration, development, and production of oil and natural gas in Oklahoma and California, the United States. The company was founded in 1998 and is headquartered in Denver, Colorado.
Brinx Resources Ltd (BNXR) - Net Assets
Latest net assets as of July 2015: $285.19K USD
Based on the latest financial reports, Brinx Resources Ltd (BNXR) has net assets worth $285.19K USD as of July 2015.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($328.17K) and total liabilities ($42.98K). 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 | $285.19K |
| % of Total Assets | 86.9% |
| Annual Growth Rate | N/A |
| 5-Year Change | -71.15% |
| 10-Year Change | 15.84% |
| Growth Volatility | 60.62 |
Brinx Resources Ltd - Net Assets Trend (2003–2014)
This chart illustrates how Brinx Resources Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Brinx Resources Ltd (2003–2014)
The table below shows the annual net assets of Brinx Resources Ltd from 2003 to 2014.
| Year | Net Assets | Change |
|---|---|---|
| 2014-10-31 | $1.04 Million | -28.71% |
| 2013-10-31 | $1.46 Million | -42.44% |
| 2012-10-31 | $2.54 Million | -25.66% |
| 2011-10-31 | $3.42 Million | -5.41% |
| 2010-10-31 | $3.61 Million | -11.82% |
| 2009-10-31 | $4.10 Million | -8.44% |
| 2008-10-31 | $4.47 Million | +93.07% |
| 2007-10-31 | $2.32 Million | +2.92% |
| 2006-10-31 | $2.25 Million | +150.27% |
| 2005-10-31 | $899.43K | +2078.03% |
| 2004-10-31 | $-45.47K | -303.15% |
| 2003-10-31 | $-11.28K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Brinx Resources Ltd'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 163557100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (October 2014)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $24.63K | 2.36% |
| Other Comprehensive Income | $-173.02K | -16.61% |
| Other Components | $2.87 Million | 275.32% |
| Total Equity | $1.04 Million | 100.00% |
Brinx Resources Ltd Competitors by Market Cap
The table below lists competitors of Brinx Resources Ltd ranked by their market capitalization.
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Brinx Resources Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2013 to 2014, total equity changed from 1,461,436 to 1,041,917, a change of -419,519 (-28.7%).
- Net loss of 474,499 reduced equity.
- Other comprehensive income increased equity by 54,980.
Equity Change Factors (2013 to 2014)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-474.50K | -45.54% |
| Other Comprehensive Income | $54.98K | +5.28% |
| Total Change | $- | -28.71% |
Book Value vs Market Value Analysis
This analysis compares Brinx Resources Ltd'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: 0.00x
- 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 |
|---|---|---|---|
| 2003-10-31 | $0.00 | $0.00 | x |
| 2004-10-31 | $0.00 | $0.00 | x |
| 2005-10-31 | $0.04 | $0.00 | x |
| 2006-10-31 | $0.10 | $0.00 | x |
| 2007-10-31 | $0.09 | $0.00 | x |
| 2008-10-31 | $0.18 | $0.00 | x |
| 2009-10-31 | $0.17 | $0.00 | x |
| 2010-10-31 | $0.15 | $0.00 | x |
| 2011-10-31 | $0.14 | $0.00 | x |
| 2012-10-31 | $0.10 | $0.00 | x |
| 2013-10-31 | $0.06 | $0.00 | x |
| 2014-10-31 | $0.04 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Brinx Resources Ltd 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): -45.54%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -337.22%
- • Asset Turnover: 0.12x
- • Equity Multiplier: 1.09x
- Recent ROE (-45.54%) is below the historical average (-12.48%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 0.00% | 0.00% | 0.00x | 0.00x | $-32.84K |
| 2004 | 0.00% | 0.00% | 0.00x | 0.00x | $-29.64K |
| 2005 | -8.35% | 0.00% | 0.00x | 1.68x | $-165.04K |
| 2006 | -17.65% | -63.65% | 0.26x | 1.07x | $-622.44K |
| 2007 | 2.84% | 4.23% | 0.60x | 1.11x | $-165.96K |
| 2008 | 47.62% | 142.21% | 0.31x | 1.09x | $1.68 Million |
| 2009 | -9.23% | -94.88% | 0.09x | 1.03x | $-787.39K |
| 2010 | -15.24% | -83.64% | 0.18x | 1.02x | $-911.40K |
| 2011 | -3.85% | -10.59% | 0.36x | 1.01x | $-473.01K |
| 2012 | -30.13% | -163.07% | 0.18x | 1.01x | $-1.02 Million |
| 2013 | -70.18% | -436.15% | 0.15x | 1.06x | $-1.17 Million |
| 2014 | -45.54% | -337.22% | 0.12x | 1.09x | $-578.69K |
Industry Comparison
This section compares Brinx Resources Ltd's net assets metrics with peer companies in the Oil & Gas Integrated industry.
Industry Context
- Industry: Oil & Gas Integrated
- Average net assets among peers: $13,593,886,292
- Average return on equity (ROE) among peers: -11.27%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Brinx Resources Ltd (BNXR) | $285.19K | 0.00% | 0.15x | $1.97K |
| Bedford Energy Inc (BFDE) | $270.56K | 33.19% | 3.36x | $0.97 |
| BP p.l.c (BPAQF) | $11.24 Billion | 15.02% | 1.73x | $69.85 Billion |
| Crown LNG Holdings Limited Ordinary Shares (CGBS) | $19.26K | -29.83% | 3.48x | $16.80K |
| Crown LNG Holdings Limited Warrants (CGBSW) | $14.89 Million | -181.71% | 1.10x | $834.21K |
| CNVEF (CNVEF) | $28.71 Billion | 14.31% | 0.88x | $18.53 Billion |
| Cenovus Energy Inc (CVE) | $19.20 Billion | 11.43% | 0.86x | $36.54 Billion |
| Chevron Corp (CVX) | $62.88 Billion | 22.42% | 1.00x | $364.96 Billion |
| Diversified Energy Company plc (DEC) | $-5.06 Million | 0.00% | 0.00x | $948.63 Million |
| ECA Marcellus Trust I Unit (ECTM) | $304.85 Million | 13.74% | 0.05x | $4.85K |