BPI Energy Holdings Inc
BPI Energy Holdings, Inc., through its subsidiary, BPI Energy, Inc., engages in the acquisition, exploration, development, production, and sale of coalbed methane (CBM) properties in the United States. It owns approximately 500,000 acres of CBM rights in the Illinois Basin. The company also has interests in Southern Illinois Basin project covering approximately 10,000 acres in the southern part o… Read more
BPI Energy Holdings Inc (BPIGF) - Net Assets
Latest net assets as of July 2008: $13.90 Million USD
Based on the latest financial reports, BPI Energy Holdings Inc (BPIGF) has net assets worth $13.90 Million USD as of July 2008.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($27.09 Million) and total liabilities ($13.19 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 | $13.90 Million |
| % of Total Assets | 51.31% |
| Annual Growth Rate | 19.19% |
| 5-Year Change | 97.7% |
| 10-Year Change | N/A |
| Growth Volatility | 95.64 |
BPI Energy Holdings Inc - Net Assets Trend (2003–2008)
This chart illustrates how BPI Energy Holdings 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 BPI Energy Holdings Inc (2003–2008)
The table below shows the annual net assets of BPI Energy Holdings Inc from 2003 to 2008.
| Year | Net Assets | Change |
|---|---|---|
| 2008-07-31 | $13.90 Million | -49.85% |
| 2007-07-31 | $27.72 Million | -40.55% |
| 2006-07-31 | $46.62 Million | +124.13% |
| 2005-07-31 | $20.80 Million | +195.84% |
| 2004-07-31 | $7.03 Million | +21.70% |
| 2003-07-31 | $5.78 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to BPI Energy Holdings 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 decreased by 6266600000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (July 2008)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $67.95 Million | 488.78% |
| Other Components | $8.62 Million | 62.02% |
| Total Equity | $13.90 Million | 100.00% |
BPI Energy Holdings Inc Competitors by Market Cap
The table below lists competitors of BPI Energy Holdings Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Azteca Gold Corp
PINK:AZGFF
|
$0.99 |
|
Lifeline Biotechnologies Inc
PINK:LLBO
|
$0.99 |
|
Gncc Capital Inc.
PINK:GNCP
|
$0.99 |
|
Praetorian Property Inc
PINK:PRRE
|
$0.99 |
|
Amcor Financial Corporation
OTCGREY:AFCL
|
$0.98 |
|
Falken Industries
PINK:FLKI
|
$0.98 |
|
Wake Up Now Inc
PINK:WORC
|
$0.98 |
|
Click To Raffle.Com Inc
PINK:AQFD
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$0.98 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in BPI Energy Holdings Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2007 to 2008, total equity changed from 27,719,000 to 13,901,000, a change of -13,818,000 (-49.9%).
- Net loss of 14,832,000 reduced equity.
- Other factors increased equity by 1,014,000.
Equity Change Factors (2007 to 2008)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-14.83 Million | -106.7% |
| Other Changes | $1.01 Million | +7.29% |
| Total Change | $- | -49.85% |
Book Value vs Market Value Analysis
This analysis compares BPI Energy Holdings 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: 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 |
|---|---|---|---|
| 2002-07-31 | $0.22 | $0.00 | x |
| 2003-07-31 | $0.22 | $0.00 | x |
| 2004-07-31 | $0.28 | $0.00 | x |
| 2005-07-31 | $0.55 | $0.00 | x |
| 2006-07-31 | $0.74 | $0.00 | x |
| 2007-07-31 | $0.40 | $0.00 | x |
| 2008-07-31 | $0.19 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently BPI Energy Holdings 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): -106.70%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -729.56%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 1.95x
- Recent ROE (-106.70%) is below the historical average (-41.25%), 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 | -27.67% | 0.00% | 0.00x | 1.33x | $-1.54 Million |
| 2003 | -19.52% | 0.00% | 0.00x | 1.32x | $-1.41 Million |
| 2004 | -15.52% | -53494.07% | 0.00x | 1.15x | $-1.79 Million |
| 2005 | -25.94% | -4579.58% | 0.01x | 1.13x | $-7.48 Million |
| 2006 | -18.95% | -784.41% | 0.02x | 1.05x | $-13.50 Million |
| 2007 | -74.47% | -1714.37% | 0.03x | 1.44x | $-23.41 Million |
| 2008 | -106.70% | -729.56% | 0.08x | 1.95x | $-16.22 Million |
Industry Comparison
This section compares BPI Energy Holdings 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: $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 |
|---|---|---|---|---|
| BPI Energy Holdings Inc (BPIGF) | $13.90 Million | -27.67% | 0.95x | $0.98 |
| 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 |