County Line Energy Corp
County Line Energy Corp., an exploration stage company, primarily engages in the acquisition, exploration, and development of oil and gas properties. It focuses on various oil and gas projects located in Hayter region in the east central Alberta area. The company is based in Toronto, Canada.
County Line Energy Corp (CYLC) - Net Assets
Latest net assets as of September 2024: $-2.10 Million USD
Based on the latest financial reports, County Line Energy Corp (CYLC) has net assets worth $-2.10 Million USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($115.77K) and total liabilities ($2.21 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 | $-2.10 Million |
| % of Total Assets | -1811.76% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | -504.65% |
| Growth Volatility | 80.21 |
County Line Energy Corp - Net Assets Trend (2008–2023)
This chart illustrates how County Line Energy Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for County Line Energy Corp (2008–2023)
The table below shows the annual net assets of County Line Energy Corp from 2008 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $-1.83 Million | -11.21% |
| 2022-12-31 | $-1.65 Million | -42.75% |
| 2021-12-31 | $-1.15 Million | -53.92% |
| 2020-12-31 | $-749.65K | -61.12% |
| 2019-12-31 | $-465.28K | -39.07% |
| 2018-12-31 | $-334.57K | -21.83% |
| 2017-12-31 | $-274.63K | -16.97% |
| 2016-12-31 | $-234.78K | +33.31% |
| 2015-12-31 | $-352.04K | -177.77% |
| 2011-12-31 | $452.70K | -17.34% |
| 2010-12-31 | $547.64K | +163.08% |
| 2009-12-31 | $-868.23K | -9.48% |
| 2008-12-31 | $-793.04K | -- |
Equity Component Analysis
This analysis shows how different components contribute to County Line Energy Corp'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 405585100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $8.14K | % |
| Other Comprehensive Income | $-8.14K | % |
| Other Components | $3.33 Million | % |
| Total Equity | $-1.83 Million | 100.00% |
County Line Energy Corp Competitors by Market Cap
The table below lists competitors of County Line Energy Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Coresource Strategies Inc
PINK:NUGL
|
$36.89 |
|
TATSUTA EL.WIRE
F:3U3
|
$36.95 |
|
MULTIPOLAR -A- (MLQ2.SG)
STU:MLQ2
|
$37.04 |
|
Jadeart Group Inc
PINK:JADA
|
$37.19 |
|
American Sierra Gold Corp
PINK:AMNP
|
$36.61 |
|
UNIVERSITY PRESS PLC
XNSA:UPL
|
$36.55 |
|
SPECTRUMONE AB
F:9TE
|
$36.49 |
|
Octopus Aim VCT 2 PLC
LSE:OSEC
|
$36.49 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in County Line Energy Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -1,647,127 to -1,831,850, a change of -184,723.
- Net loss of 184,723 reduced equity.
- Other factors decreased equity by 0.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-184.72K | -10.08% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares County Line Energy Corp'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 |
|---|---|---|---|
| 2015-12-31 | $-5.89 | $0.00 | x |
| 2016-12-31 | $-3.51 | $0.00 | x |
| 2017-12-31 | $-2.52 | $0.00 | x |
| 2018-12-31 | $-0.01 | $0.00 | x |
| 2019-12-31 | $-0.01 | $0.00 | x |
| 2020-12-31 | $-0.01 | $0.00 | x |
| 2021-12-31 | $-0.01 | $0.00 | x |
| 2022-12-31 | $-0.02 | $0.00 | x |
| 2023-12-31 | $-0.02 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently County Line Energy Corp 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: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-3.73%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 0.00% | 0.00% | 0.00x | 0.00x | $-99.12K |
| 2009 | 0.00% | 0.00% | 0.00x | 0.00x | $11.63K |
| 2010 | -27.29% | 0.00% | 0.00x | 1.51x | $-204.24K |
| 2011 | -21.26% | 0.00% | 0.00x | 1.63x | $-141.51K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $30.19K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $18.05K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-12.38K |
| 2018 | 0.00% | -10506.52% | 4.18x | 0.00x | $-1.23 Million |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-156.10K |
| 2020 | 0.00% | -14965.03% | 0.38x | 0.00x | $-169.41K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-288.81K |
| 2022 | 0.00% | -151428.96% | 0.00x | 0.00x | $-342.57K |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.54K |
Industry Comparison
This section compares County Line Energy Corp's net assets metrics with peer companies in the Farm & Heavy Construction Machinery industry.
Industry Context
- Industry: Farm & Heavy Construction Machinery
- Average net assets among peers: $405,749,501
- Average return on equity (ROE) among peers: 1.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| County Line Energy Corp (CYLC) | $-2.10 Million | 0.00% | N/A | $36.62 |
| Aebi Schmidt Holding AG - Common Stock (AEBI) | $365.18 Million | 8.40% | 1.98x | $483.70 Million |
| AGCO Corporation (AGCO) | $3.10 Billion | 6.02% | 1.58x | $7.13 Billion |
| Agrify Corp (AGFY) | $-9.27 Million | 0.00% | 0.00x | $58.43 Million |
| Ag Growth International Inc (AGGZF) | $110.78 Million | 17.74% | 0.30x | $363.58 Million |
| Alamo Group Inc (ALG) | $106.91 Million | 3.85% | 0.51x | $1.99 Billion |
| AmeraMex International Inc (AMMX) | $-557.03K | 0.00% | 0.00x | $1.43 Million |
| Arts-Way Manufacturing Co Inc (ARTW) | $12.09 Million | 2.54% | 0.76x | $4.69 Million |
| Astec Industries Inc (ASTE) | $193.89 Million | -2.43% | 1.15x | $1.20 Billion |
| Austin Engineering Limited (AUSTF) | $119.42 Million | -41.40% | 1.27x | $116.99 Million |
| Buhler Industries Inc (BIIAF) | $63.76 Million | 20.96% | 1.45x | $1.51 Million |