Beard Co
Beard Co. (The), through its subsidiaries, engages in carbon dioxide, oil and gas, coal reclamation, and e-commerce businesses in the United States. The company's Carbon Dioxide segment produces and sells carbon dioxide gas in Colorado and New Mexico. Its Oil and Gas segment engages in the exploration, development, production, and sale of oil and gas. This segment owns non-operated working intere… Read more
Beard Co (BRCOQ) - Net Assets
Latest net assets as of December 2011: $-3.88 Million USD
Based on the latest financial reports, Beard Co (BRCOQ) has net assets worth $-3.88 Million USD as of December 2011.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($7.62 Million) and total liabilities ($11.50 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 | $-3.88 Million |
| % of Total Assets | -50.95% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 305.22 |
Beard Co - Net Assets Trend (1993–2011)
This chart illustrates how Beard Co's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Beard Co (1993–2011)
The table below shows the annual net assets of Beard Co from 1993 to 2011.
| Year | Net Assets | Change |
|---|---|---|
| 2011-12-31 | $-3.88 Million | -41.54% |
| 2010-12-31 | $-2.74 Million | -11329.17% |
| 2009-12-31 | $-24.00K | +99.20% |
| 2008-12-31 | $-3.01 Million | +67.21% |
| 2007-12-31 | $-9.19 Million | -25.00% |
| 2006-12-31 | $-7.35 Million | -22.98% |
| 2005-12-31 | $-5.97 Million | -44.18% |
| 2004-12-31 | $-4.14 Million | +22.30% |
| 2003-12-31 | $-5.33 Million | -10.35% |
| 2002-12-31 | $-4.83 Million | -986.79% |
| 2001-12-31 | $545.00K | -80.34% |
| 2000-12-31 | $2.77 Million | -40.59% |
| 1999-12-31 | $4.67 Million | -44.37% |
| 1998-12-31 | $8.39 Million | -37.41% |
| 1997-12-31 | $13.40 Million | +32.67% |
| 1996-12-31 | $10.10 Million | +1.00% |
| 1995-12-31 | $10.00 Million | -2.91% |
| 1994-12-31 | $10.30 Million | +5.10% |
| 1993-12-31 | $9.80 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Beard Co'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 1268286900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2011)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $7.21K | % |
| Other Components | $43.36 Million | % |
| Total Equity | $-2.12 Million | 100.00% |
Beard Co Competitors by Market Cap
The table below lists competitors of Beard Co ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Infusion Brands International Inc
PINK:INBI
|
$0.94 |
|
Montague International Holding Ltd
PINK:MIHL
|
$0.94 |
|
Hybrid Energy Holdin
PINK:HYBE
|
$0.94 |
|
Towne Bancorp Inc
PINK:TWNE
|
$0.94 |
|
BioLife Sciences Inc
PINK:BLFE
|
$0.94 |
|
Novation Hldgs Inc.
PINK:NOHO
|
$0.94 |
|
EPIC Corp
PINK:EPOR
|
$0.94 |
|
RBC Life Sciences Inc
PINK:RBCL
|
$0.94 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Beard Co's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2010 to 2011, total equity changed from -92,000 to -2,120,557, a change of -2,028,557.
- Net loss of 1,563,403 reduced equity.
- Other comprehensive income decreased equity by 24,000.
- Other factors decreased equity by 441,154.
Equity Change Factors (2010 to 2011)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.56 Million | -73.73% |
| Other Comprehensive Income | $-24.00K | -1.13% |
| Other Changes | $-441.15K | -20.8% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Beard Co'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 |
|---|---|---|---|
| 1993-12-31 | $1.17 | $0.00 | x |
| 1994-12-31 | $1.23 | $0.00 | x |
| 1995-12-31 | $1.19 | $0.00 | x |
| 1996-12-31 | $1.18 | $0.00 | x |
| 1997-12-31 | $1.75 | $0.00 | x |
| 1998-12-31 | $1.10 | $0.00 | x |
| 1999-12-31 | $0.63 | $0.00 | x |
| 2000-12-31 | $0.38 | $0.00 | x |
| 2001-12-31 | $0.07 | $0.00 | x |
| 2002-12-31 | $-0.66 | $0.00 | x |
| 2003-12-31 | $-0.58 | $0.00 | x |
| 2004-12-31 | $-0.32 | $0.00 | x |
| 2005-12-31 | $-0.51 | $0.00 | x |
| 2006-12-31 | $-0.65 | $0.00 | x |
| 2007-12-31 | $-0.78 | $0.00 | x |
| 2008-12-31 | $-0.03 | $0.00 | x |
| 2009-12-31 | $0.12 | $0.00 | x |
| 2010-12-31 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Beard Co 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: -123.36%
- • Asset Turnover: 0.17x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-6.33%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | 357.14% | 221.52% | 1.05x | 1.54x | $34.02 Million |
| 1994 | 6.80% | 4.00% | 1.26x | 1.35x | $-330.00K |
| 1995 | -4.00% | -12.12% | 0.23x | 1.46x | $-1.40 Million |
| 1996 | -3.03% | -75.00% | 0.02x | 1.67x | $-1.29 Million |
| 1997 | 67.77% | 1567.65% | 0.03x | 1.58x | $7.68 Million |
| 1998 | -45.99% | -41.72% | 0.25x | 4.45x | $-4.70 Million |
| 1999 | -72.85% | -226.15% | 0.22x | 1.46x | $-3.87 Million |
| 2000 | -109.27% | -422.45% | 0.14x | 1.84x | $-3.31 Million |
| 2001 | -425.87% | -385.55% | 0.15x | 7.45x | $-2.38 Million |
| 2002 | 0.00% | -985.93% | 0.37x | 0.00x | $-4.14 Million |
| 2003 | 0.00% | -271.67% | 0.63x | 0.00x | $-1.08 Million |
| 2004 | 0.00% | 96.40% | 0.36x | 0.00x | $1.35 Million |
| 2005 | 0.00% | -156.64% | 0.31x | 0.00x | $-1.56 Million |
| 2006 | 0.00% | -90.51% | 0.71x | 0.00x | $-819.20K |
| 2007 | 0.00% | -138.10% | 0.63x | 0.00x | $-1.11 Million |
| 2008 | 0.00% | 197.14% | 0.85x | 0.00x | $3.00 Million |
| 2009 | 108.98% | 571.46% | 0.11x | 1.68x | $2.60 Million |
| 2010 | 0.00% | -361.78% | 0.17x | 0.00x | $-2.83 Million |
| 2011 | 0.00% | -123.36% | 0.17x | 0.00x | $-1.35 Million |
Industry Comparison
This section compares Beard Co's net assets metrics with peer companies in the Oil & Gas Drilling industry.
Industry Context
- Industry: Oil & Gas Drilling
- Average net assets among peers: $185,886,961
- Average return on equity (ROE) among peers: -7.54%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Beard Co (BRCOQ) | $-3.88 Million | 357.14% | N/A | $0.94 |
| Agri-Dynamics Inc (AGDY) | $-371.31K | 0.00% | 0.00x | $39.23 |
| AKITA Drilling Ltd (AKTAF) | $124.93 Million | 16.71% | 0.30x | $37.79 Million |
| Archer Limited (ARHVF) | $556.89 Million | 2.23% | 0.75x | $127.09 Million |
| Awilco Drilling PLC (AWLCF) | $-126.95 Million | 0.00% | 0.00x | $16.95 Million |
| Borr Drilling Ltd (BORR) | $993.30 Million | 8.27% | 2.44x | $1.19 Billion |
| Cathedral Energy Services Ltd (CETEF) | $90.77 Million | -6.37% | 0.50x | $68.91 Million |
| EP3Oil, Inc. (EEEP) | $7.39 Million | -22.45% | 0.56x | $101.31 |
| Enseco Energy Services Corp (ENSRF) | $22.49 Million | 0.00% | 0.05x | $0.97 |
| EnerNorth Industries Inc (ENYNF) | $4.54 Million | -66.24% | 2.35x | $0.92 |