Bowleven PLC
Bowleven plc engages in the exploration and appraisal of oil and gas properties in West Africa. It holds a 25% interest in the shallow water offshore Etinde permit that covers an area of approximately 461 square kilometers located in Cameroon. The company was incorporated in 2001 and is headquartered in London, the United Kingdom.
Bowleven PLC (BWLVF) - Net Assets
Latest net assets as of December 2023: $158.18 Million USD
Based on the latest financial reports, Bowleven PLC (BWLVF) has net assets worth $158.18 Million USD as of December 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($158.73 Million) and total liabilities ($556.00K). 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 | $158.18 Million |
| % of Total Assets | 99.65% |
| Annual Growth Rate | 18.03% |
| 5-Year Change | -5.24% |
| 10-Year Change | -72.88% |
| Growth Volatility | 4232.55 |
Bowleven PLC - Net Assets Trend (2002–2023)
This chart illustrates how Bowleven PLC's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Bowleven PLC (2002–2023)
The table below shows the annual net assets of Bowleven PLC from 2002 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-06-30 | $159.32 Million | -1.47% |
| 2022-06-30 | $161.69 Million | -1.25% |
| 2021-06-30 | $163.74 Million | -1.13% |
| 2020-06-30 | $165.62 Million | -1.50% |
| 2019-06-30 | $168.14 Million | -43.51% |
| 2018-06-30 | $297.63 Million | -1.27% |
| 2017-06-30 | $301.44 Million | -16.72% |
| 2016-06-30 | $361.98 Million | -28.45% |
| 2015-06-30 | $505.89 Million | -13.89% |
| 2014-06-30 | $587.52 Million | +3.07% |
| 2013-06-30 | $570.02 Million | -1.62% |
| 2012-06-30 | $579.43 Million | +22.50% |
| 2011-06-30 | $472.99 Million | +14.93% |
| 2010-06-30 | $411.56 Million | -3.37% |
| 2009-06-30 | $425.91 Million | +12.97% |
| 2008-06-30 | $377.02 Million | +21.87% |
| 2007-06-30 | $309.36 Million | +99.24% |
| 2006-06-30 | $155.27 Million | +165.24% |
| 2005-06-30 | $58.54 Million | +19879.71% |
| 2004-06-30 | $292.99K | -93.30% |
| 2003-06-30 | $4.37 Million | -10.87% |
| 2002-06-30 | $4.90 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Bowleven PLC'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 grown by 17432734694.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $173.25 Million | 108.74% |
| Common Stock | $56.52 Million | 35.47% |
| Other Comprehensive Income | $-63.99 Million | -40.17% |
| Total Equity | $159.32 Million | 100.00% |
Bowleven PLC Competitors by Market Cap
The table below lists competitors of Bowleven PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
FIRST AMERN URANIUM
F:I0R
|
$214.05K |
|
Highbank Resources Ltd.
V:HBK
|
$214.14K |
|
Vitality Products Inc
PINK:VPRIF
|
$214.15K |
|
B. Gaon Holdings Ltd
TA:GAON
|
$214.18K |
|
STX Engine Co. Ltd.
KQ:077970
|
$213.91K |
|
Energy & Technology Corp
PINK:ENGT
|
$213.90K |
|
Georgia Power Co
NYSE:GPJA
|
$213.85K |
|
Jacquet Metals
STU:I43
|
$213.77K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bowleven PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 161,692,053 to 159,320,000, a change of -2,372,053 (-1.5%).
- Net loss of 2,020,000 reduced equity.
- Other comprehensive income decreased equity by 119,130,052.
- Other factors increased equity by 118,777,999.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.02 Million | -1.27% |
| Other Comprehensive Income | $-119.13 Million | -74.77% |
| Other Changes | $118.78 Million | +74.55% |
| Total Change | $- | -1.47% |
Book Value vs Market Value Analysis
This analysis compares Bowleven PLC'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: 0.01x
- 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 |
|---|---|---|---|
| 2002-06-30 | $0.23 | $0.00 | x |
| 2003-06-30 | $0.21 | $0.00 | x |
| 2004-06-30 | $0.03 | $0.00 | x |
| 2005-06-30 | $3.49 | $0.00 | x |
| 2006-06-30 | $5.69 | $0.00 | x |
| 2007-06-30 | $5.72 | $0.00 | x |
| 2008-06-30 | $4.83 | $0.00 | x |
| 2009-06-30 | $4.87 | $0.00 | x |
| 2010-06-30 | $2.12 | $0.00 | x |
| 2011-06-30 | $2.19 | $0.00 | x |
| 2012-06-30 | $2.22 | $0.00 | x |
| 2013-06-30 | $2.06 | $0.00 | x |
| 2014-06-30 | $1.74 | $0.00 | x |
| 2015-06-30 | $1.57 | $0.00 | x |
| 2016-06-30 | $0.65 | $0.00 | x |
| 2017-06-30 | $0.55 | $0.00 | x |
| 2018-06-30 | $0.53 | $0.00 | x |
| 2019-06-30 | $0.30 | $0.00 | x |
| 2020-06-30 | $0.30 | $0.00 | x |
| 2021-06-30 | $0.29 | $0.00 | x |
| 2022-06-30 | $0.29 | $0.00 | x |
| 2023-06-30 | $0.28 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bowleven PLC 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): -1.27%
- 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: 1.00x
- Recent ROE (-1.27%) is above the historical average (-86.47%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | -9.63% | 0.00% | 0.00x | 1.02x | $-962.56K |
| 2003 | -21.13% | 0.00% | 0.00x | 1.38x | $-1.36 Million |
| 2004 | -1718.64% | 0.00% | 0.00x | 49.17x | $-5.06 Million |
| 2005 | -6.52% | 0.00% | 0.00x | 1.03x | $-9.67 Million |
| 2006 | -2.37% | 0.00% | 0.00x | 1.01x | $-19.20 Million |
| 2007 | -6.51% | 0.00% | 0.00x | 1.06x | $-51.08 Million |
| 2008 | -2.90% | 0.00% | 0.00x | 1.05x | $-48.65 Million |
| 2009 | -2.39% | 0.00% | 0.00x | 1.04x | $-52.77 Million |
| 2010 | 4.73% | 0.00% | 0.00x | 1.06x | $-21.68 Million |
| 2011 | -16.24% | 0.00% | 0.00x | 1.08x | $-124.12 Million |
| 2012 | -2.26% | 0.00% | 0.00x | 1.01x | $-71.02 Million |
| 2013 | -1.94% | 0.00% | 0.00x | 1.03x | $-68.08 Million |
| 2014 | -2.30% | 0.00% | 0.00x | 1.01x | $-72.12 Million |
| 2015 | -17.85% | 0.00% | 0.00x | 1.03x | $-140.20 Million |
| 2016 | -31.32% | 0.00% | 0.00x | 1.01x | $-149.57 Million |
| 2017 | -18.25% | 0.00% | 0.00x | 1.01x | $-85.15 Million |
| 2018 | -2.32% | 0.00% | 0.00x | 1.00x | $-36.67 Million |
| 2019 | -38.93% | 0.00% | 0.00x | 1.00x | $-82.27 Million |
| 2020 | -1.56% | 0.00% | 0.00x | 1.01x | $-19.14 Million |
| 2021 | -1.24% | 0.00% | 0.00x | 1.00x | $-18.41 Million |
| 2022 | -1.41% | 0.00% | 0.00x | 1.00x | $-18.44 Million |
| 2023 | -1.27% | 0.00% | 0.00x | 1.00x | $-17.95 Million |
Industry Comparison
This section compares Bowleven PLC'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: $725,430,102
- Average return on equity (ROE) among peers: -4.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bowleven PLC (BWLVF) | $158.18 Million | -9.63% | 0.00x | $213.99K |
| Advantage Energy Ltd. (AAVVF) | $1.46 Billion | 28.18% | 0.37x | $922.80 Million |
| ADX Energy Ltd (ADXRF) | $6.43 Million | -102.77% | 0.09x | $9.58 Million |
| ARC Resources Ltd. (AETUF) | $3.67 Billion | 10.60% | 0.70x | $10.30 Billion |
| Aminex PLC (AEXFF) | $53.12 Million | -6.15% | 0.15x | $77.17 Million |
| Aker BP ASA (AKRBF) | $1.99 Billion | 2.25% | 5.25x | $6.29 Billion |
| Arkanova Energy Corporation (AKVA) | $-11.63 Million | 0.00% | 0.00x | $4.92K |
| Allied Resources Inc (ALOD) | $1.91 Million | -8.89% | 0.28x | $428.76K |
| Altex Industries Inc (ALTX) | $1.30 Million | -5.62% | 0.84x | $1.08 Million |
| Alvopetro Energy Ltd (ALVOF) | $80.73 Million | -15.39% | 0.04x | $117.02 Million |
| AMEN Properties Inc (AMEN) | $6.15 Million | 55.97% | 0.13x | $4.80 Million |