Foothills Exploration Inc
Foothills Exploration, Inc., an independent oil and gas exploration and production company, engages in the acquisition and development of oil and natural gas properties. Its primary focus is the U.S. Rocky Mountain region. The company holds approximately 34,000 acres in the Greater Green River and Wind River Basins of Wyoming and 7,800 acres in the Uinta Basin of Utah. Foothills Exploration, Inc.… Read more
Foothills Exploration Inc (FTXP) - Net Assets
Latest net assets as of June 2023: $-28.47 Million USD
Based on the latest financial reports, Foothills Exploration Inc (FTXP) has net assets worth $-28.47 Million USD as of June 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.37 Million) and total liabilities ($29.84 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 | $-28.47 Million |
| % of Total Assets | -2082.59% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 713.91 |
Foothills Exploration Inc - Net Assets Trend (2012–2022)
This chart illustrates how Foothills Exploration 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 Foothills Exploration Inc (2012–2022)
The table below shows the annual net assets of Foothills Exploration Inc from 2012 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | $-25.66 Million | +9.01% |
| 2021-12-31 | $-28.20 Million | -51.71% |
| 2020-12-31 | $-18.59 Million | +15.48% |
| 2019-12-31 | $-22.00 Million | -467.11% |
| 2018-12-31 | $-3.88 Million | -791.94% |
| 2017-12-31 | $560.55K | -88.80% |
| 2016-12-31 | $5.00 Million | +946.25% |
| 2015-12-31 | $478.18K | +541.65% |
| 2014-12-31 | $-108.27K | -52.01% |
| 2013-12-31 | $-71.22K | -84.74% |
| 2012-12-31 | $-38.55K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Foothills Exploration 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 6389103400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.31 Million | % |
| Other Comprehensive Income | $16.00K | % |
| Other Components | $37.00 Million | % |
| Total Equity | $-25.66 Million | 100.00% |
Foothills Exploration Inc Competitors by Market Cap
The table below lists competitors of Foothills Exploration Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
A.I.S. Resources Limited
PINK:AISSF
|
$865.53K |
|
Lepermislibre Sa
PA:ALLPL
|
$865.87K |
|
Sunflow Sustain
TA:SNFL
|
$865.88K |
|
South Logistics JSC
VN:STG
|
$866.01K |
|
CANADIAN NATL RLWY
MU:CY2
|
$865.30K |
|
DEVRY EDUCATION GRP
BE:DVY
|
$865.02K |
|
KONECRANES - Dusseldorf Stock Exchang
DU:K34
|
$864.46K |
|
Digjam Limited
NSE:DIGJAMLTD
|
$864.15K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Foothills Exploration Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from -28,205,000 to -25,664,000, a change of 2,541,000.
- Net income of 1,043,000 contributed positively to equity growth.
- Other factors increased equity by 1,498,000.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.04 Million | +4.06% |
| Other Changes | $1.50 Million | +5.84% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Foothills Exploration 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | $0.00 | $0.00 | x |
| 2013-12-31 | $0.00 | $0.00 | x |
| 2014-12-31 | $0.00 | $0.00 | x |
| 2015-12-31 | $0.00 | $0.00 | x |
| 2016-12-31 | $0.59 | $0.00 | x |
| 2017-12-31 | $0.04 | $0.00 | x |
| 2018-12-31 | $-0.23 | $0.00 | x |
| 2019-12-31 | $-0.63 | $0.00 | x |
| 2020-12-31 | $-0.02 | $0.00 | x |
| 2021-12-31 | $0.00 | $0.00 | x |
| 2022-12-31 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Foothills Exploration 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 94.47%
- • Asset Turnover: 1.01x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-107.45%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.27K |
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | $-25.55K |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-26.22K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-40.30K |
| 2016 | -38.80% | 0.00% | 0.00x | 2.59x | $-2.44 Million |
| 2017 | -1143.11% | -6282.13% | 0.01x | 24.83x | $-6.46 Million |
| 2018 | 0.00% | -256.50% | 0.20x | 0.00x | $-6.20 Million |
| 2019 | 0.00% | -1210.72% | 0.12x | 0.00x | $-18.05 Million |
| 2020 | 0.00% | 548.50% | 0.04x | 0.00x | $4.42 Million |
| 2021 | 0.00% | -1692.30% | 0.45x | 0.00x | $-9.26 Million |
| 2022 | 0.00% | 94.47% | 1.01x | 0.00x | $3.61 Million |
Industry Comparison
This section compares Foothills Exploration Inc'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 |
|---|---|---|---|---|
| Foothills Exploration Inc (FTXP) | $-28.47 Million | 0.00% | N/A | $865.48K |
| 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 |