Decklar Resources Inc
Decklar Resources Inc. operates as an independent international oil and gas company in Nigeria and Canada. The company holds interests in the Oza Oil Field that covers an area of 20 square kilometers located onshore in the northern part of Oil Mining Lease (OML) 11 in Nigeria's Eastern Niger Delta; the Asaramatoru Field located onshore in the southern swamp section of OML 11 in the Eastern Niger … Read more
Decklar Resources Inc (DKLRF) - Net Assets
Latest net assets as of September 2023: $28.51 Million USD
Based on the latest financial reports, Decklar Resources Inc (DKLRF) has net assets worth $28.51 Million USD as of September 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($61.15 Million) and total liabilities ($32.64 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 | $28.51 Million |
| % of Total Assets | 46.63% |
| Annual Growth Rate | 15.43% |
| 5-Year Change | N/A |
| 10-Year Change | -19.3% |
| Growth Volatility | 283.6 |
Decklar Resources Inc - Net Assets Trend (2004–2022)
This chart illustrates how Decklar 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 Decklar Resources Inc (2004–2022)
The table below shows the annual net assets of Decklar Resources Inc from 2004 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | $29.31 Million | -2.90% |
| 2021-12-31 | $30.19 Million | +651.77% |
| 2020-12-31 | $4.02 Million | +757.27% |
| 2019-12-31 | $468.44K | +320.05% |
| 2018-12-31 | $-212.88K | +97.87% |
| 2017-12-31 | $-10.01 Million | -245.04% |
| 2016-12-31 | $-2.90 Million | -126.11% |
| 2015-12-31 | $11.11 Million | -75.34% |
| 2014-12-31 | $45.05 Million | +24.02% |
| 2013-12-31 | $36.32 Million | +5.01% |
| 2012-12-31 | $34.59 Million | +87.91% |
| 2011-12-31 | $18.41 Million | -60.31% |
| 2010-12-31 | $46.38 Million | +1.51% |
| 2009-12-31 | $45.68 Million | -4.90% |
| 2008-12-31 | $48.04 Million | +22.89% |
| 2007-12-31 | $39.09 Million | +532.67% |
| 2006-12-31 | $6.18 Million | +1446.08% |
| 2005-12-31 | $-459.02K | -120.72% |
| 2004-12-31 | $2.22 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Decklar 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 14139327100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $175.32 Million | 588.54% |
| Other Comprehensive Income | $2.19 Million | 7.37% |
| Other Components | $2.91 Million | 9.77% |
| Total Equity | $29.79 Million | 100.00% |
Decklar Resources Inc Competitors by Market Cap
The table below lists competitors of Decklar Resources Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GB Sciences Inc
PINK:GBLX
|
$120.50K |
|
Strata Power Corp
PINK:SPOWF
|
$120.51K |
|
ISETAN MITSUKOSHI H
BE:4HP
|
$120.59K |
|
BIDVEST
MU:NQL1
|
$120.84K |
|
MCNB Banks Inc
PINK:MKIN
|
$120.48K |
|
AMICUS THERA
BE:AM6
|
$120.45K |
|
Lithium Energi Exploration Inc
PINK:LXENF
|
$120.35K |
|
ALARIS EQ.PRT.INC.TR.REGS
F:5UK
|
$120.21K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Decklar Resources Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 30,189,652 to 29,788,670, a change of -400,982 (-1.3%).
- Net loss of 12,888,000 reduced equity.
- Other comprehensive income increased equity by 2,229,525.
- Other factors increased equity by 10,257,493.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-12.89 Million | -43.26% |
| Other Comprehensive Income | $2.23 Million | +7.48% |
| Other Changes | $10.26 Million | +34.43% |
| Total Change | $- | -1.33% |
Book Value vs Market Value Analysis
This analysis compares Decklar 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 |
|---|---|---|---|
| 2004-12-31 | $13.18 | $0.00 | x |
| 2005-12-31 | $-2.03 | $0.00 | x |
| 2006-12-31 | $21.99 | $0.00 | x |
| 2007-12-31 | $109.66 | $0.00 | x |
| 2008-12-31 | $97.29 | $0.00 | x |
| 2009-12-31 | $83.22 | $0.00 | x |
| 2010-12-31 | $52.87 | $0.00 | x |
| 2011-12-31 | $18.00 | $0.00 | x |
| 2012-12-31 | $23.14 | $0.00 | x |
| 2013-12-31 | $10.30 | $0.00 | x |
| 2014-12-31 | $11.74 | $0.00 | x |
| 2015-12-31 | $3.81 | $0.00 | x |
| 2016-12-31 | $0.52 | $0.00 | x |
| 2017-12-31 | $-1.11 | $0.00 | x |
| 2018-12-31 | $-0.04 | $0.00 | x |
| 2019-12-31 | $0.04 | $0.00 | x |
| 2020-12-31 | $0.11 | $0.00 | x |
| 2021-12-31 | $0.38 | $0.00 | x |
| 2022-12-31 | $0.30 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Decklar 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): -43.26%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4487.90%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 2.00x
- Recent ROE (-43.26%) is above the historical average (-81.62%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | -235.71% | 0.00% | 0.00x | 1.19x | $-5.44 Million |
| 2005 | 0.00% | 0.00% | 0.00x | 0.00x | $-4.03 Million |
| 2006 | -52.87% | 0.00% | 0.00x | 1.26x | $-3.88 Million |
| 2007 | -18.80% | 0.00% | 0.00x | 1.10x | $-11.26 Million |
| 2008 | -26.17% | 0.00% | 0.00x | 1.10x | $-17.38 Million |
| 2009 | -9.98% | 0.00% | 0.00x | 1.03x | $-9.13 Million |
| 2010 | -10.07% | 0.00% | 0.00x | 1.03x | $-9.31 Million |
| 2011 | -16.05% | 0.00% | 0.00x | 1.09x | $-4.88 Million |
| 2012 | -12.58% | 0.00% | 0.00x | 1.09x | $-7.97 Million |
| 2013 | -26.73% | -107.49% | 0.13x | 1.99x | $-13.52 Million |
| 2014 | 5.76% | 3.00% | 1.17x | 1.64x | $-1.94 Million |
| 2015 | -288.32% | -57.29% | 2.55x | 1.97x | $-44.31 Million |
| 2016 | -617.01% | -32.40% | 5.14x | 3.70x | $-12.91 Million |
| 2017 | 0.00% | -1373.93% | 0.29x | 0.00x | $-6.94 Million |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $19.17 Million |
| 2019 | -68.10% | 0.00% | 0.00x | 1.32x | $-365.84K |
| 2020 | -120.95% | 0.00% | 0.00x | 1.48x | $-5.26 Million |
| 2021 | -9.91% | 0.00% | 0.00x | 1.52x | $-6.01 Million |
| 2022 | -43.26% | -4487.90% | 0.00x | 2.00x | $-15.87 Million |
Industry Comparison
This section compares Decklar Resources 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 |
|---|---|---|---|---|
| Decklar Resources Inc (DKLRF) | $28.51 Million | -235.71% | 1.14x | $120.50K |
| 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 |