ECA Marcellus Trust I Unit
ECA Marcellus Trust I owns royalty interests in producing wells and horizontal natural gas development wells for Energy Corporation of America (ECA). It owns royalty interests in 14 producing wells and 40 development wells located in the Greene County, Pennsylvania. The company's royalty interests in the producing wells allow the company to receive 90% of the proceeds from the sale of production … Read more
ECA Marcellus Trust I Unit (ECTM) - Net Assets
Latest net assets as of September 2025: $12.85 Million USD
Based on the latest financial reports, ECA Marcellus Trust I Unit (ECTM) has net assets worth $12.85 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 ($13.20 Million) and total liabilities ($345.73K). 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 | $12.85 Million |
| % of Total Assets | 97.38% |
| Annual Growth Rate | -3.74% |
| 5-Year Change | -21.95% |
| 10-Year Change | -78.26% |
| Growth Volatility | 95.89 |
ECA Marcellus Trust I Unit - Net Assets Trend (2007–2024)
This chart illustrates how ECA Marcellus Trust I Unit's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for ECA Marcellus Trust I Unit (2007–2024)
The table below shows the annual net assets of ECA Marcellus Trust I Unit from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $13.37 Million | -6.07% |
| 2023-12-31 | $14.24 Million | -5.04% |
| 2022-12-31 | $14.99 Million | -5.67% |
| 2021-12-31 | $15.89 Million | -7.24% |
| 2020-12-31 | $17.13 Million | -5.95% |
| 2019-12-31 | $18.22 Million | -61.18% |
| 2018-12-31 | $46.93 Million | -7.73% |
| 2017-12-31 | $50.86 Million | -8.82% |
| 2016-12-31 | $55.79 Million | -9.30% |
| 2015-12-31 | $61.51 Million | -9.05% |
| 2014-12-31 | $67.63 Million | -71.16% |
| 2013-12-31 | $234.47 Million | -12.17% |
| 2012-12-31 | $266.97 Million | -12.43% |
| 2011-12-31 | $304.85 Million | -9.71% |
| 2010-12-31 | $337.65 Million | +230.43% |
| 2008-12-31 | $102.19 Million | +299.82% |
| 2007-12-31 | $25.56 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to ECA Marcellus Trust I Unit'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 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $13.37 Million | 100.00% |
| Total Equity | $13.37 Million | 100.00% |
ECA Marcellus Trust I Unit Competitors by Market Cap
The table below lists competitors of ECA Marcellus Trust I Unit ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ENERGEIA AS NK 60
F:F62
|
$4.94K |
|
CLUB DE FUTB.INTERC. -20
F:2OI
|
$4.94K |
|
J.K. Spinning Mills Ltd
KAR:JKSM
|
$4.95K |
|
DANGOTE CEMENT PLC
XNSA:DANGCEM
|
$4.95K |
|
238170
KO:238170
|
$4.93K |
|
Yappn Corp
PINK:YPPN
|
$4.93K |
|
PETRA FOODS
BE:FXB
|
$4.92K |
|
Arkanova Energy Corporation
PINK:AKVA
|
$4.92K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ECA Marcellus Trust I Unit's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 14,236,383 to 13,372,881, a change of -863,502 (-6.1%).
- Net income of 794,403 contributed positively to equity growth.
- Other factors decreased equity by 1,657,905.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $794.40K | +5.94% |
| Other Changes | $-1.66 Million | -12.4% |
| Total Change | $- | -6.07% |
Book Value vs Market Value Analysis
This analysis compares ECA Marcellus Trust I Unit'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: 0.66x
- 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.
- The price-to-book ratio has increased from 0.35x to 0.66x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | $1.42 | $0.50 | x |
| 2008-12-31 | $5.68 | $0.50 | x |
| 2010-12-31 | $19.18 | $0.50 | x |
| 2011-12-31 | $17.32 | $0.50 | x |
| 2012-12-31 | $20.22 | $0.50 | x |
| 2013-12-31 | $13.32 | $0.50 | x |
| 2014-12-31 | $3.84 | $0.50 | x |
| 2015-12-31 | $3.49 | $0.50 | x |
| 2016-12-31 | $3.17 | $0.50 | x |
| 2017-12-31 | $2.89 | $0.50 | x |
| 2018-12-31 | $2.67 | $0.50 | x |
| 2019-12-31 | $1.03 | $0.50 | x |
| 2020-12-31 | $0.97 | $0.50 | x |
| 2021-12-31 | $0.90 | $0.50 | x |
| 2022-12-31 | $0.85 | $0.50 | x |
| 2023-12-31 | $0.81 | $0.50 | x |
| 2024-12-31 | $0.76 | $0.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ECA Marcellus Trust I Unit 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): 5.94%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 36.52%
- • Asset Turnover: 0.16x
- • Equity Multiplier: 1.03x
- Recent ROE (5.94%) is below the historical average (17.84%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 44.94% | 4.65% | 0.45x | 21.63x | $8.93 Million |
| 2008 | 21.27% | 10.05% | 0.40x | 5.33x | $11.51 Million |
| 2010 | 6.22% | 92.70% | 0.06x | 1.04x | $-12.75 Million |
| 2011 | 13.74% | 96.24% | 0.14x | 1.05x | $11.41 Million |
| 2012 | 13.34% | 97.85% | 0.13x | 1.03x | $8.92 Million |
| 2013 | 12.56% | 96.49% | 0.13x | 1.03x | $6.01 Million |
| 2014 | 25.99% | 91.63% | 0.27x | 1.05x | $10.81 Million |
| 2015 | 8.13% | 80.70% | 0.10x | 1.02x | $-1.15 Million |
| 2016 | 6.23% | 73.28% | 0.08x | 1.02x | $-2.10 Million |
| 2017 | 11.27% | 83.37% | 0.13x | 1.02x | $645.01K |
| 2018 | 11.78% | 80.27% | 0.14x | 1.04x | $834.76K |
| 2019 | 13.73% | 60.32% | 0.22x | 1.02x | $678.86K |
| 2020 | 0.87% | 8.80% | 0.10x | 1.01x | $-1.56 Million |
| 2021 | 30.01% | 75.75% | 0.34x | 1.15x | $3.18 Million |
| 2022 | 67.45% | 87.00% | 0.68x | 1.15x | $8.61 Million |
| 2023 | 9.74% | 48.06% | 0.20x | 1.04x | $-37.25K |
| 2024 | 5.94% | 36.52% | 0.16x | 1.03x | $-542.89K |
Industry Comparison
This section compares ECA Marcellus Trust I Unit's net assets metrics with peer companies in the Oil & Gas Integrated industry.
Industry Context
- Industry: Oil & Gas Integrated
- Average net assets among peers: $27,731,041,883
- Average return on equity (ROE) among peers: -16.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ECA Marcellus Trust I Unit (ECTM) | $12.85 Million | 44.94% | 0.03x | $4.93K |
| Bedford Energy Inc (BFDE) | $270.56K | 33.19% | 3.36x | $0.95 |
| Brinx Resources Ltd (BNXR) | $2.54 Million | -30.13% | 0.01x | $1.97K |
| BP p.l.c (BPAQF) | $112.64 Billion | 3.36% | 1.52x | $69.85 Billion |
| Crown LNG Holdings Limited Ordinary Shares (CGBS) | $19.26K | -29.83% | 3.48x | $16.80K |
| Crown LNG Holdings Limited Warrants (CGBSW) | $14.89 Million | -181.71% | 1.10x | $834.21K |
| CNVEF (CNVEF) | $29.77 Billion | 10.55% | 0.90x | $18.53 Billion |
| Cenovus Energy Inc (CVE) | $29.77 Billion | 10.55% | 0.90x | $36.85 Billion |
| Chevron Corp (CVX) | $77.29 Billion | 24.18% | 0.92x | $367.06 Billion |
| Diversified Energy Company plc (DEC) | $89.66 Million | 9.90% | 1.55x | $965.92 Million |