Glori Energy Technology Inc
Glori Energy Inc., an energy technology and oil production company, provides services to third party exploration and production companies in North America and Brazil. It operates through Oil and Gas, and AERO Services segments. The Oil and Gas segment produces and develops oil and natural gas interests. The AERO Services segment offers biotechnology solutions of enhanced oil recovery through a tw… Read more
Glori Energy Technology Inc (GLRI) - Net Assets
Latest net assets as of December 2016: $-5.84 Million USD
Based on the latest financial reports, Glori Energy Technology Inc (GLRI) has net assets worth $-5.84 Million USD as of December 2016.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($7.51 Million) and total liabilities ($13.35 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 | $-5.84 Million |
| % of Total Assets | -77.79% |
| Annual Growth Rate | N/A |
| 5-Year Change | -114.54% |
| 10-Year Change | N/A |
| Growth Volatility | 78.97 |
Glori Energy Technology Inc - Net Assets Trend (2011–2016)
This chart illustrates how Glori Energy Technology 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 Glori Energy Technology Inc (2011–2016)
The table below shows the annual net assets of Glori Energy Technology Inc from 2011 to 2016.
| Year | Net Assets | Change |
|---|---|---|
| 2016-12-31 | $-5.84 Million | -189.68% |
| 2015-12-31 | $6.51 Million | -84.20% |
| 2014-12-31 | $41.22 Million | +10.63% |
| 2013-12-31 | $37.26 Million | -7.22% |
| 2012-12-31 | $40.16 Million | +1890696.19% |
| 2011-12-31 | $-2.12K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Glori Energy Technology 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 11332287600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2016)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $3.00K | % |
| Other Comprehensive Income | $-50.02 Million | % |
| Other Components | $157.53 Million | % |
| Total Equity | $-5.84 Million | 100.00% |
Glori Energy Technology Inc Competitors by Market Cap
The table below lists competitors of Glori Energy Technology Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Remala Abadi Tbk.
JK:DATA
|
$2.21K |
|
Asian Hotels and Properties PLC
CM:AHPLN0000
|
$2.21K |
|
CN DATANG C REN -H-
MU:DT7
|
$2.21K |
|
Conygar Investment Co PLC
LSE:CIC
|
$2.21K |
|
VINACONEX 21
VN:V21
|
$2.20K |
|
CMG Cleantech S.A.
PA:MLCMG
|
$2.19K |
|
Global Pharmatech Inc
PINK:GBLP
|
$2.19K |
|
Jangada Mines Plc
LSE:JAN
|
$2.19K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Glori Energy Technology Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2015 to 2016, total equity changed from 6,511,000 to -5,839,000, a change of -12,350,000 (-189.7%).
- Net loss of 12,923,000 reduced equity.
- Other comprehensive income decreased equity by 2,441,000.
- Other factors increased equity by 3,014,000.
Equity Change Factors (2015 to 2016)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-12.92 Million | -221.32% |
| Other Comprehensive Income | $-2.44 Million | -41.81% |
| Other Changes | $3.01 Million | +51.62% |
| Total Change | $- | -189.68% |
Book Value vs Market Value Analysis
This analysis compares Glori Energy Technology 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 |
|---|---|---|---|
| 2011-12-31 | $0.00 | $0.00 | x |
| 2012-12-31 | $16.97 | $0.00 | x |
| 2013-12-31 | $11.81 | $0.00 | x |
| 2014-12-31 | $1.43 | $0.00 | x |
| 2015-12-31 | $0.20 | $0.00 | x |
| 2016-12-31 | $-0.19 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Glori Energy Technology 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: -287.37%
- • Asset Turnover: 0.60x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-101.85%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 0.00% | -1255.74% | 0.03x | 0.00x | $-26.91K |
| 2012 | -0.96% | -12.09% | 0.07x | 1.16x | $-4.40 Million |
| 2013 | -7.78% | -90.82% | 0.07x | 1.24x | $-6.63 Million |
| 2014 | -45.51% | -118.27% | 0.24x | 1.64x | $-22.88 Million |
| 2015 | -556.83% | -402.74% | 0.40x | 3.42x | $-36.91 Million |
| 2016 | 0.00% | -287.37% | 0.60x | 0.00x | $-12.34 Million |
Industry Comparison
This section compares Glori Energy Technology 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 |
|---|---|---|---|---|
| Glori Energy Technology Inc (GLRI) | $-5.84 Million | 0.00% | N/A | $2.21K |
| 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 |