Colombia Energy Resources Inc
Colombia Energy Resources, Inc. engages in the exploration and development of coal mines in the Republic of Columbia. The company holds 10 coal mining concession contracts to exploit coal deposits in 10,455 hectares in the Boyacà and Santander districts of the Republic of Colombia. It also has an option to purchase a coal mining concession contract with 1,550 hectares in the Boyacà district. The … Read more
Colombia Energy Resources Inc (CERX) - Net Assets
Latest net assets as of September 2012: $6.63 Million USD
Based on the latest financial reports, Colombia Energy Resources Inc (CERX) has net assets worth $6.63 Million USD as of September 2012.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($12.45 Million) and total liabilities ($5.82 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 | $6.63 Million |
| % of Total Assets | 53.26% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Colombia Energy Resources Inc - Net Assets Trend (2003–2011)
This chart illustrates how Colombia Energy Resources 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 Colombia Energy Resources Inc (2003–2011)
The table below shows the annual net assets of Colombia Energy Resources Inc from 2003 to 2011.
| Year | Net Assets | Change |
|---|---|---|
| 2011-12-31 | $16.82 Million | +2103.14% |
| 2010-12-31 | $763.30K | +687.47% |
| 2009-12-31 | $-129.93K | -13.27% |
| 2008-12-31 | $-114.71K | -41.34% |
| 2007-12-31 | $-81.16K | -12.98% |
| 2006-12-31 | $-71.84K | -15.05% |
| 2005-12-31 | $-62.44K | -25.26% |
| 2004-12-31 | $-49.85K | +5.75% |
| 2003-12-31 | $-52.89K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Colombia Energy Resources 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 2563816700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2011)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $23.54K | 0.15% |
| Other Comprehensive Income | $-205.88K | -1.33% |
| Other Components | $41.38 Million | 267.73% |
| Total Equity | $15.45 Million | 100.00% |
Colombia Energy Resources Inc Competitors by Market Cap
The table below lists competitors of Colombia Energy Resources Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Merriman Holdings Inc
PINK:MERR
|
$0.92 |
|
Mansfelder Metals Ltd
PINK:MNSF
|
$0.92 |
|
Universal Systems Inc
PINK:UVSS
|
$0.92 |
|
New World Gold Cp
PINK:NWGC
|
$0.92 |
|
Circuit Research Labs Inc
PINK:CRLI
|
$0.92 |
|
Poniard Pharmaceuticals Inc
PINK:PARD
|
$0.92 |
|
Commerce Group Corp
PINK:CGCO
|
$0.92 |
|
C=Holdings B.V
OTCGREY:CBUIF
|
$0.92 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Colombia Energy Resources Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2010 to 2011, total equity changed from 763,302 to 15,454,353, a change of 14,691,051 (1924.7%).
- Net loss of 12,959,993 reduced equity.
- Dividend payments of 474,217 reduced retained earnings.
- Share repurchases of 1,303,308 reduced equity.
- Other comprehensive income decreased equity by 124,215.
- Other factors increased equity by 29,552,784.
Equity Change Factors (2010 to 2011)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-12.96 Million | -83.86% |
| Dividends Paid | $474.22K | -3.07% |
| Share Repurchases | $1.30 Million | -8.43% |
| Other Comprehensive Income | $-124.22K | -0.8% |
| Other Changes | $29.55 Million | +191.23% |
| Total Change | $- | 1924.67% |
Book Value vs Market Value Analysis
This analysis compares Colombia Energy Resources 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 |
|---|---|---|---|
| 2003-12-31 | $-0.41 | $0.00 | x |
| 2004-12-31 | $-0.38 | $0.00 | x |
| 2005-12-31 | $-0.48 | $0.00 | x |
| 2006-12-31 | $-0.55 | $0.00 | x |
| 2007-12-31 | $-0.62 | $0.00 | x |
| 2008-12-31 | $-0.82 | $0.00 | x |
| 2009-12-31 | $-0.93 | $0.00 | x |
| 2010-12-31 | $0.32 | $0.00 | x |
| 2011-12-31 | $4.94 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Colombia Energy Resources 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): -83.86%
- 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: 1.55x
- Recent ROE (-83.86%) is below the historical average (-41.54%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 0.00% | 0.00% | 0.00x | 0.00x | $-15.66K |
| 2004 | 0.00% | -103.35% | 8.34x | 0.00x | $2.86K |
| 2005 | 0.00% | -1322.87% | 0.85x | 0.00x | $-13.60K |
| 2006 | 0.00% | 0.00% | 0.00x | 0.00x | $-11.17K |
| 2007 | 0.00% | 0.00% | 0.00x | 0.00x | $-12.25K |
| 2008 | 0.00% | 0.00% | 0.00x | 0.00x | $-28.95K |
| 2009 | 0.00% | 0.00% | 0.00x | 0.00x | $-11.11K |
| 2010 | -289.97% | 0.00% | 0.00x | 10.71x | $-2.29 Million |
| 2011 | -83.86% | 0.00% | 0.00x | 1.55x | $-14.51 Million |
Industry Comparison
This section compares Colombia Energy Resources Inc's net assets metrics with peer companies in the Thermal Coal industry.
Industry Context
- Industry: Thermal Coal
- Average net assets among peers: $9,715,672,552
- Average return on equity (ROE) among peers: -25.98%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Colombia Energy Resources Inc (CERX) | $6.63 Million | 0.00% | 0.88x | $0.92 |
| AIM Energy Inc (AEXE) | $-1.47 Million | 0.00% | 0.00x | $110.24K |
| Morien Resources Corp (APMCF) | $2.27 Million | -24.69% | 0.20x | $8.67 Million |
| Alliance Resource Partners LP (ARLP) | $-46.55 Million | 0.00% | 0.00x | $2.47 Billion |
| Peabody Energy Corp (BTU) | $2.73 Billion | -28.86% | 3.84x | $3.53 Billion |
| Consol Energy Inc (CEIX) | $551.61 Million | 27.73% | 4.00x | $2.71 Billion |
| Core Natural Resources, Inc. (CNR) | $553.52 Million | -1.76% | 3.56x | $4.91 Billion |
| China Shenhua Energy Co Ltd (CSUAY) | $84.21 Billion | 19.52% | 0.94x | $97.80 Billion |
| Southstone Minerals Limited (FDGMF) | $995.43K | -225.71% | 4.43x | $65.85K |
| Feishang Anthracite Resources Limited (FSHRF) | $-551.82 Million | 0.00% | 0.00x | $1.85 Million |