Bakken Water Transfer Services Inc
Bakken Water Transfer Services, Inc., through its subsidiaries, engages in discovering, developing, and distributing green products and services. It intends to develop and market energy saving diode for standard light bulbs; and hydrogen assist cell for internal combustion engines. The company was founded in 1989 and is headquartered in Minot, North Dakota.
Bakken Water Transfer Services Inc (BWTX) - Net Assets
Latest net assets as of June 2024: $-609.02K USD
Based on the latest financial reports, Bakken Water Transfer Services Inc (BWTX) has net assets worth $-609.02K USD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.47 Million) and total liabilities ($2.08 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 | $-609.02K |
| % of Total Assets | -41.4% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Bakken Water Transfer Services Inc - Net Assets Trend (2000–2023)
This chart illustrates how Bakken Water Transfer Services 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 Bakken Water Transfer Services Inc (2000–2023)
The table below shows the annual net assets of Bakken Water Transfer Services Inc from 2000 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $-582.57K | +4.38% |
| 2022-12-31 | $-609.26K | +7.76% |
| 2021-12-31 | $-660.53K | -29.15% |
| 2020-12-31 | $-511.46K | +48.05% |
| 2019-12-31 | $-984.61K | -53.64% |
| 2018-12-31 | $-640.86K | +14.92% |
| 2017-12-31 | $-753.27K | -398.53% |
| 2016-12-31 | $-151.10K | -498.58% |
| 2015-12-31 | $-25.24K | +99.89% |
| 2003-12-31 | $-23.39 Million | +22.78% |
| 2002-12-31 | $-30.30 Million | -132.38% |
| 2001-12-31 | $-13.04 Million | -891.15% |
| 2000-12-31 | $1.65 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Bakken Water Transfer Services 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 33525400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $53.24K | % |
| Other Comprehensive Income | $-53.24K | % |
| Other Components | $2.27 Million | % |
| Total Equity | $-582.57K | 100.00% |
Bakken Water Transfer Services Inc Competitors by Market Cap
The table below lists competitors of Bakken Water Transfer Services Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Photozou Holdings Inc
PINK:PTZH
|
$4.75 Million |
|
Immuron Ltd
AU:IMC
|
$4.76 Million |
|
Ozaurum Resources Ltd
AU:OZM
|
$4.76 Million |
|
TZ Ltd
AU:TZL
|
$4.76 Million |
|
Colabor Group Inc
PINK:COLFF
|
$4.75 Million |
|
Ackroo Inc
PINK:AKRFF
|
$4.75 Million |
|
IBKS No3 SPAC
KQ:225430
|
$4.74 Million |
|
Inmobiliaria Park Rose Iberoamericana SOCIMI SA
MC:YPARK
|
$4.74 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bakken Water Transfer Services Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -609,258 to -582,567, a change of 26,691.
- Net income of 26,691 contributed positively to equity growth.
- Other factors decreased equity by 0.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $26.69K | +4.58% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Bakken Water Transfer Services 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-12-31 | $0.05 | $0.04 | x |
| 2001-12-31 | $-0.40 | $0.04 | x |
| 2002-12-31 | $-0.84 | $0.04 | x |
| 2003-12-31 | $-0.23 | $0.04 | x |
| 2015-12-31 | $0.00 | $0.04 | x |
| 2016-12-31 | $0.00 | $0.04 | x |
| 2017-12-31 | $0.00 | $0.04 | x |
| 2018-12-31 | $0.00 | $0.04 | x |
| 2019-12-31 | $0.00 | $0.04 | x |
| 2020-12-31 | $0.00 | $0.04 | x |
| 2021-12-31 | $0.00 | $0.04 | x |
| 2022-12-31 | $0.00 | $0.04 | x |
| 2023-12-31 | $0.00 | $0.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bakken Water Transfer Services 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.56%
- • Asset Turnover: 0.27x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-8.36%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | -108.62% | -97.97% | 0.90x | 1.23x | $-1.95 Million |
| 2001 | 0.00% | -157.33% | 0.74x | 0.00x | $-17.49 Million |
| 2002 | 0.00% | -73.76% | 3.66x | 0.00x | $-16.68 Million |
| 2003 | 0.00% | 0.00% | 0.00x | 0.00x | $9.20 Million |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-80.82K |
| 2016 | 0.00% | -65.16% | 1.05x | 0.00x | $-110.75K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-526.67K |
| 2018 | 0.00% | 7.62% | 0.64x | 0.00x | $176.50K |
| 2019 | 0.00% | -35.06% | 0.38x | 0.00x | $-239.54K |
| 2020 | 0.00% | 89.35% | 0.22x | 0.00x | $471.76K |
| 2021 | 0.00% | -30.75% | 0.22x | 0.00x | $-82.95K |
| 2022 | 0.00% | 10.49% | 0.25x | 0.00x | $112.20K |
| 2023 | 0.00% | 5.56% | 0.27x | 0.00x | $84.95K |
Industry Comparison
This section compares Bakken Water Transfer Services Inc's net assets metrics with peer companies in the Oil & Gas Equipment & Services industry.
Industry Context
- Industry: Oil & Gas Equipment & Services
- Average net assets among peers: $5,464,315,253
- Average return on equity (ROE) among peers: -34.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bakken Water Transfer Services Inc (BWTX) | $-609.02K | -108.62% | N/A | $4.75 Million |
| ProFrac Holding Corp. (ACDC) | $1.33 Billion | -7.35% | 1.31x | $222.04 Million |
| Atlas Energy Solutions Inc. (AESI) | $867.82 Million | 18.44% | 0.45x | $1.34 Billion |
| Akastor ASA (AKKVF) | $13.55 Billion | 9.27% | 2.55x | $54.21 Million |
| Andatee China Marine Fuel Services (AMCF) | $18.84 Million | 34.05% | 1.21x | $0.98 |
| Archrock Inc (AROC) | $2.23 Billion | -42.52% | 1.73x | $6.15 Billion |
| Anton Oilfield Services Group (ATONY) | $2.15 Billion | -9.22% | 2.02x | $381.63 Million |
| Auri Inc (AURI) | $-2.74 Million | 0.00% | 0.00x | $1.91 |
| Baker Hughes Co (BKR) | $34.50 Billion | 0.37% | 0.55x | $56.21 Billion |
| Kbridge Energy Corp (BMMCF) | $-341.75K | 0.00% | 0.00x | $880.54 |
| Bri-Chem Corp (BRYFF) | $131.44K | -348.83% | 2.61x | $4.32 Million |