Eco (Atlantic) Oil & Gas Ltd
Eco (Atlantic) Oil & Gas Ltd. engages in the identifying, acquiring, and exploring oil and gas assets in the Co-Operative Republic of Guyana, Republic of Namibia, and South Africa. The company holds a 100% working interest in the Orinduik block comprising 1,354 square kilometers located in the Suriname Guyana basin; and 17.5% interests in the Canje Block covering an area of 4,800 square kilometer… Read more
Eco (Atlantic) Oil & Gas Ltd (ECAOF) - Net Assets
Latest net assets as of September 2025: $17.57 Million USD
Based on the latest financial reports, Eco (Atlantic) Oil & Gas Ltd (ECAOF) has net assets worth $17.57 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($18.93 Million) and total liabilities ($1.36 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 | $17.57 Million |
| % of Total Assets | 92.79% |
| Annual Growth Rate | 15.76% |
| 5-Year Change | 27.55% |
| 10-Year Change | 454.23% |
| Growth Volatility | 194.7 |
Eco (Atlantic) Oil & Gas Ltd - Net Assets Trend (2008–2025)
This chart illustrates how Eco (Atlantic) Oil & Gas Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Eco (Atlantic) Oil & Gas Ltd (2008–2025)
The table below shows the annual net assets of Eco (Atlantic) Oil & Gas Ltd from 2008 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | $20.38 Million | -32.09% |
| 2024-03-31 | $30.02 Million | -40.74% |
| 2023-03-31 | $50.65 Million | +25.93% |
| 2022-03-31 | $40.22 Million | +151.67% |
| 2021-03-31 | $15.98 Million | -18.20% |
| 2020-03-31 | $19.54 Million | +3.79% |
| 2019-03-31 | $18.82 Million | +51.89% |
| 2018-03-31 | $12.39 Million | +107.78% |
| 2017-03-31 | $5.97 Million | +62.18% |
| 2016-03-31 | $3.68 Million | -55.14% |
| 2015-03-31 | $8.20 Million | +43.64% |
| 2014-03-31 | $5.71 Million | -39.98% |
| 2013-03-31 | $9.51 Million | +0.91% |
| 2012-03-31 | $9.42 Million | +808.68% |
| 2011-03-31 | $1.04 Million | -27.02% |
| 2010-03-31 | $1.42 Million | +9.83% |
| 2009-03-31 | $1.29 Million | -23.59% |
| 2008-03-31 | $1.69 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Eco (Atlantic) Oil & Gas Ltd'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 9984878106.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $107.13 Million | 525.54% |
| Other Comprehensive Income | $-488.45K | -2.40% |
| Other Components | $13.81 Million | 67.75% |
| Total Equity | $20.38 Million | 100.00% |
Eco (Atlantic) Oil & Gas Ltd Competitors by Market Cap
The table below lists competitors of Eco (Atlantic) Oil & Gas Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
DDC Enterprise Limited
NYSE MKT:DDC
|
$32.42 Million |
|
Marathon Bancorp, Inc. Common Stock
PINK:MBBC
|
$32.43 Million |
|
District Metals Corp.
PINK:DMXCF
|
$32.43 Million |
|
Careium AB
ST:CARE
|
$32.44 Million |
|
Gaumont SA
PA:GAM
|
$32.41 Million |
|
Hindustan Motors Limited
NSE:HINDMOTORS
|
$32.40 Million |
|
Yonyu Plastics Co Ltd
TW:1323
|
$32.40 Million |
|
Brooge Holdings Ltd
NASDAQ:BROG
|
$32.39 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Eco (Atlantic) Oil & Gas Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 30,018,140 to 20,384,618, a change of -9,633,522 (-32.1%).
- Net loss of 2,201,204 reduced equity.
- Other comprehensive income decreased equity by 17,501,849.
- Other factors increased equity by 10,069,531.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.20 Million | -10.8% |
| Other Comprehensive Income | $-17.50 Million | -85.86% |
| Other Changes | $10.07 Million | +49.4% |
| Total Change | $- | -32.09% |
Book Value vs Market Value Analysis
This analysis compares Eco (Atlantic) Oil & Gas Ltd'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: 1.93x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.12x to 1.93x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-03-31 | $0.92 | $0.11 | x |
| 2009-03-31 | $0.26 | $0.11 | x |
| 2010-03-31 | $0.28 | $0.11 | x |
| 2011-03-31 | $0.21 | $0.11 | x |
| 2012-03-31 | $0.16 | $0.11 | x |
| 2013-03-31 | $0.15 | $0.11 | x |
| 2014-03-31 | $0.08 | $0.11 | x |
| 2015-03-31 | $0.11 | $0.11 | x |
| 2016-03-31 | $0.04 | $0.11 | x |
| 2017-03-31 | $0.07 | $0.11 | x |
| 2018-03-31 | $0.09 | $0.11 | x |
| 2019-03-31 | $0.11 | $0.11 | x |
| 2020-03-31 | $0.11 | $0.11 | x |
| 2021-03-31 | $0.09 | $0.11 | x |
| 2022-03-31 | $0.20 | $0.11 | x |
| 2023-03-31 | $0.14 | $0.11 | x |
| 2024-03-31 | $0.08 | $0.11 | x |
| 2025-03-31 | $0.06 | $0.11 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Eco (Atlantic) Oil & Gas Ltd 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): -10.80%
- 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: 1.06x
- Recent ROE (-10.80%) is above the historical average (-39.58%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | -12.89% | -1944.83% | 0.01x | 1.03x | $-387.67K |
| 2009 | -6.49% | 0.00% | 0.00x | 1.03x | $-213.35K |
| 2010 | -5.82% | 0.00% | 0.00x | 1.01x | $-224.86K |
| 2011 | -54.06% | 0.00% | 0.00x | 1.04x | $-664.35K |
| 2012 | -60.46% | -45581.23% | 0.00x | 1.05x | $-6.64 Million |
| 2013 | -41.18% | -6239.24% | 0.01x | 1.02x | $-4.87 Million |
| 2014 | -59.23% | -5624.04% | 0.01x | 1.03x | $-3.95 Million |
| 2015 | 1.72% | 3.20% | 0.39x | 1.39x | $-683.47K |
| 2016 | -105.44% | -889.90% | 0.08x | 1.51x | $-4.31 Million |
| 2017 | -44.19% | -22432.76% | 0.00x | 1.09x | $-3.26 Million |
| 2018 | -50.95% | -613.54% | 0.08x | 1.04x | $-7.58 Million |
| 2019 | 16.60% | 24.63% | 0.64x | 1.06x | $1.24 Million |
| 2020 | -96.21% | -5248.86% | 0.02x | 1.02x | $-20.75 Million |
| 2021 | -23.83% | 0.00% | 0.00x | 1.06x | $-5.42 Million |
| 2022 | -16.30% | -184401.69% | 0.00x | 1.14x | $-10.58 Million |
| 2023 | -72.17% | -54910.93% | 0.00x | 1.10x | $-41.62 Million |
| 2024 | -70.78% | -1244008.14% | 0.00x | 1.04x | $-24.25 Million |
| 2025 | -10.80% | 0.00% | 0.00x | 1.06x | $-4.24 Million |
Industry Comparison
This section compares Eco (Atlantic) Oil & Gas Ltd'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 |
|---|---|---|---|---|
| Eco (Atlantic) Oil & Gas Ltd (ECAOF) | $17.57 Million | -12.89% | 0.08x | $32.41 Million |
| 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 |