Cobra Venture Corporation
Cobra Venture Corporation engages in the exploration and development of petroleum and natural gas properties in Canada. It holds a 14.665% interest in oil wells located in the Gull Lake, Saskatchewan. The company was incorporated in 1998 and is headquartered in West Vancouver, Canada.
Cobra Venture Corporation (CBVTF) - Net Assets
Latest net assets as of August 2025: $2.72 Million USD
Based on the latest financial reports, Cobra Venture Corporation (CBVTF) has net assets worth $2.72 Million USD as of August 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.83 Million) and total liabilities ($118.66K). 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 | $2.72 Million |
| % of Total Assets | 95.81% |
| Annual Growth Rate | 9.66% |
| 5-Year Change | -8.74% |
| 10-Year Change | -41.77% |
| Growth Volatility | 83.38 |
Cobra Venture Corporation - Net Assets Trend (2001–2024)
This chart illustrates how Cobra Venture Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Cobra Venture Corporation (2001–2024)
The table below shows the annual net assets of Cobra Venture Corporation from 2001 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-11-30 | $2.84 Million | -17.99% |
| 2023-11-30 | $3.46 Million | +6.58% |
| 2022-11-30 | $3.24 Million | -2.60% |
| 2021-11-30 | $3.33 Million | +7.20% |
| 2020-11-30 | $3.11 Million | -6.28% |
| 2019-11-30 | $3.32 Million | +1.73% |
| 2018-11-30 | $3.26 Million | -3.26% |
| 2017-11-30 | $3.37 Million | -11.46% |
| 2016-11-30 | $3.81 Million | -21.87% |
| 2015-11-30 | $4.87 Million | -21.89% |
| 2014-11-30 | $6.23 Million | +15.10% |
| 2013-11-30 | $5.42 Million | -10.01% |
| 2012-11-30 | $6.02 Million | +53.74% |
| 2011-11-30 | $3.92 Million | -23.73% |
| 2010-11-30 | $5.13 Million | +112.78% |
| 2009-11-30 | $2.41 Million | +4.78% |
| 2008-11-30 | $2.30 Million | +72.69% |
| 2007-11-30 | $1.33 Million | -11.49% |
| 2006-11-30 | $1.51 Million | +26.23% |
| 2005-11-30 | $1.19 Million | -11.43% |
| 2004-11-30 | $1.35 Million | +18.48% |
| 2003-11-30 | $1.14 Million | -30.78% |
| 2002-11-30 | $1.64 Million | +382.72% |
| 2001-11-30 | $340.32K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Cobra Venture Corporation'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 22311600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (November 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $2.95 Million | 103.94% |
| Other Comprehensive Income | $174.16K | 6.14% |
| Total Equity | $2.84 Million | 100.00% |
Cobra Venture Corporation Competitors by Market Cap
The table below lists competitors of Cobra Venture Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Blue Acquisition Corp. Unit
NASDAQ:BACCU
|
$103.62K |
|
Medinah Minerals Inc
PINK:MDMN
|
$103.66K |
|
SPARTAN MOTORS
BE:SP8
|
$103.73K |
|
STORA ENSO -R- - Dusseldorf Stock Exchang
DU:ENUR
|
$103.78K |
|
ARBUTHNOT BANKING
BE:RX2
|
$103.56K |
|
Lakeside Bancshares Inc
PINK:LKSB
|
$103.49K |
|
Canadian Large Cap Leaders
TO:NPS
|
$103.46K |
|
FNSTech Co. Ltd.
KO:083500
|
$103.39K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cobra Venture Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,458,121 to 2,836,106, a change of -622,015 (-18.0%).
- Net loss of 285,955 reduced equity.
- Dividend payments of 446,951 reduced retained earnings.
- Other comprehensive income increased equity by 110,891.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-285.95K | -10.08% |
| Dividends Paid | $446.95K | -15.76% |
| Other Comprehensive Income | $110.89K | +3.91% |
| Total Change | $- | -17.99% |
Book Value vs Market Value Analysis
This analysis compares Cobra Venture Corporation'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: 0.06x
- 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 |
|---|---|---|---|
| 2001-11-30 | $0.12 | $0.01 | x |
| 2002-11-30 | $0.49 | $0.01 | x |
| 2003-11-30 | $0.17 | $0.01 | x |
| 2004-11-30 | $0.15 | $0.01 | x |
| 2005-11-30 | $0.13 | $0.01 | x |
| 2006-11-30 | $0.12 | $0.01 | x |
| 2007-11-30 | $0.10 | $0.01 | x |
| 2008-11-30 | $0.15 | $0.01 | x |
| 2009-11-30 | $0.16 | $0.01 | x |
| 2010-11-30 | $0.32 | $0.01 | x |
| 2011-11-30 | $0.22 | $0.01 | x |
| 2012-11-30 | $0.36 | $0.01 | x |
| 2013-11-30 | $0.34 | $0.01 | x |
| 2014-11-30 | $0.39 | $0.01 | x |
| 2015-11-30 | $0.31 | $0.01 | x |
| 2016-11-30 | $0.24 | $0.01 | x |
| 2017-11-30 | $0.21 | $0.01 | x |
| 2018-11-30 | $0.20 | $0.01 | x |
| 2019-11-30 | $0.21 | $0.01 | x |
| 2020-11-30 | $0.20 | $0.01 | x |
| 2021-11-30 | $0.21 | $0.01 | x |
| 2022-11-30 | $0.20 | $0.01 | x |
| 2023-11-30 | $0.21 | $0.01 | x |
| 2024-11-30 | $0.17 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cobra Venture Corporation 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): -10.08%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -22.24%
- • Asset Turnover: 0.43x
- • Equity Multiplier: 1.05x
- Recent ROE (-10.08%) is below the historical average (-3.84%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | -5.22% | 0.00% | 0.00x | 1.04x | $-51.79K |
| 2002 | -5.41% | 0.00% | 0.00x | 1.57x | $-253.13K |
| 2003 | 2.76% | 0.00% | 0.00x | 2.22x | $-82.30K |
| 2004 | -74.09% | 0.00% | 0.00x | 1.29x | $-1.13 Million |
| 2005 | -16.97% | 0.00% | 0.00x | 1.22x | $-321.92K |
| 2006 | -11.51% | 0.00% | 0.00x | 1.32x | $-324.00K |
| 2007 | -19.16% | 0.00% | 0.00x | 1.16x | $-388.80K |
| 2008 | 22.96% | 51.14% | 0.28x | 1.62x | $298.40K |
| 2009 | 0.17% | 0.50% | 0.28x | 1.19x | $-237.24K |
| 2010 | 9.52% | 24.74% | 0.32x | 1.20x | $-24.84K |
| 2011 | -1.36% | -3.49% | 0.34x | 1.13x | $-444.63K |
| 2012 | 54.26% | 1562.91% | 0.03x | 1.21x | $2.66 Million |
| 2013 | -9.86% | -427.53% | 0.02x | 1.05x | $-1.08 Million |
| 2014 | 12.67% | 273.47% | 0.04x | 1.07x | $166.61K |
| 2015 | -28.02% | -452.80% | 0.06x | 1.07x | $-1.85 Million |
| 2016 | -10.46% | -86.81% | 0.11x | 1.05x | $-778.64K |
| 2017 | -12.94% | -68.00% | 0.18x | 1.06x | $-772.97K |
| 2018 | -3.56% | -12.37% | 0.27x | 1.06x | $-442.06K |
| 2019 | 1.70% | 4.06% | 0.40x | 1.05x | $-275.33K |
| 2020 | -6.70% | -21.17% | 0.30x | 1.05x | $-518.97K |
| 2021 | 3.40% | 7.13% | 0.46x | 1.04x | $-219.80K |
| 2022 | 11.51% | 19.66% | 0.55x | 1.06x | $48.84K |
| 2023 | 4.22% | 10.76% | 0.38x | 1.04x | $-199.90K |
| 2024 | -10.08% | -22.24% | 0.43x | 1.05x | $-569.57K |
Industry Comparison
This section compares Cobra Venture Corporation'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 |
|---|---|---|---|---|
| Cobra Venture Corporation (CBVTF) | $2.72 Million | -5.22% | 0.04x | $103.58K |
| 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 |