Gase Energy Inc
GASE Energy, Inc., an independent energy company, focuses on the exploration, development, and production of natural gas in Ukraine. The company has approximately 104,031 net acres for the exploration of natural gas properties in the Lisichansk-Toskovskay area located in the Dnieper-Donetsk Basin. The company was formerly known as Great East Energy, Inc. and changed its name to GASE Energy, Inc. … Read more
Gase Energy Inc (GASE) - Net Assets
Latest net assets as of September 2014: $40.87K USD
Based on the latest financial reports, Gase Energy Inc (GASE) has net assets worth $40.87K USD as of September 2014.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($686.71K) and total liabilities ($645.84K). 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 | $40.87K |
| % of Total Assets | 5.95% |
| Annual Growth Rate | 583.13% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Gase Energy Inc - Net Assets Trend (2011–2013)
This chart illustrates how Gase Energy 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 Gase Energy Inc (2011–2013)
The table below shows the annual net assets of Gase Energy Inc from 2011 to 2013.
| Year | Net Assets | Change |
|---|---|---|
| 2013-12-31 | $769.88K | +15895.71% |
| 2012-12-31 | $-4.87K | -129.62% |
| 2011-12-31 | $16.45K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Gase Energy 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 279974000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2013)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $5.12K | 0.66% |
| Other Components | $3.57 Million | 463.58% |
| Total Equity | $769.88K | 100.00% |
Gase Energy Inc Competitors by Market Cap
The table below lists competitors of Gase Energy Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Net One Systems Co. Ltd
PINK:NONEY
|
$100.00 |
|
PHSC PLC
LSE:PHSC
|
$100.07 |
|
BlockQuarry Corp
PINK:BLQC
|
$100.16 |
|
Bluefield Solar Income Fund
LSE:BSIF
|
$100.72 |
|
Maxwell Resource
PINK:BCDS
|
$99.68 |
|
Agristar Inc
PINK:AGRS
|
$99.67 |
|
Peoples Educational Holdings Inc
PINK:PEDH
|
$99.51 |
|
MULTIVERSE MINING AND EXPLORATION PLC
XNSA:MULTIVERSE
|
$99.33 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Gase Energy Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2012 to 2013, total equity changed from -4,874 to 769,883, a change of 774,757.
- Net loss of 3,960,000 reduced equity.
- Share repurchases of 985,407 reduced equity.
- Other factors increased equity by 5,720,164.
Equity Change Factors (2012 to 2013)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-3.96 Million | -514.36% |
| Share Repurchases | $985.41K | -127.99% |
| Other Changes | $5.72 Million | +742.99% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Gase Energy 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: 1.66x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 64.49x to 1.66x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | $0.00 | $0.01 | x |
| 2012-12-31 | $0.00 | $0.01 | x |
| 2013-12-31 | $0.01 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Gase Energy 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): -514.36%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1135.94%
- • Asset Turnover: 0.27x
- • Equity Multiplier: 1.65x
- Recent ROE (-514.36%) is below the historical average (-180.66%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | -27.63% | 0.00% | 0.00x | 1.28x | $-6.19K |
| 2012 | 0.00% | 7.74% | 149.66x | 0.00x | $27.15K |
| 2013 | -514.36% | -1135.94% | 0.27x | 1.65x | $-4.04 Million |
Industry Comparison
This section compares Gase Energy Inc's net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $36,677,338
- Average return on equity (ROE) among peers: -64.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Gase Energy Inc (GASE) | $40.87K | -27.63% | 15.80x | $99.84 |
| Artius II Acquisition Inc. Class A Ordinary Shares (AACB) | $-60.27K | 0.00% | 0.00x | $198.37 Million |
| Artius II Acquisition Inc. Units (AACBU) | $-60.27K | 0.00% | 0.00x | $205.28 Million |
| Ares Acquisition Corporation II (AACT-UN) | $931.34 Million | 0.00% | 0.08x | $399.77 Million |
| AA Mission Acquisition Corp. (AAM-UN) | $-559.90 Million | 0.00% | 0.00x | $349.76 Million |
| Global Acquisitions Corporation (AASP) | $3.80 Million | -5.26% | 0.34x | $15.42 Million |
| ABV Consulting Inc (ABVN) | $8.75K | -623.31% | 2.50x | $461.96K |
| Atlantic Coastal Acquisition Corp II (ACAB) | $-8.52 Million | 0.00% | 0.00x | $2.44 Million |
| Annabidiol Corp (ACBD) | $-501.57K | 0.00% | 0.00x | $13.62K |
| ACRO Biomedical Co Ltd (ACBM) | $685.87K | -17.12% | 0.46x | $30.04K |
| Huaizhong Health Group Inc (ADAD) | $-19.47K | 0.00% | 0.00x | $3.15K |