Houston Natural Resources Corp
Houston Natural Resources Corp., a diversified energy company with oil and gas interests. Houston Natural Resources Corp. is based in Houston, Texas.
Houston Natural Resources Corp (HNRC) - Net Assets
Latest net assets as of September 2024: $71.09 Million USD
Based on the latest financial reports, Houston Natural Resources Corp (HNRC) has net assets worth $71.09 Million USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($73.16 Million) and total liabilities ($2.07 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 | $71.09 Million |
| % of Total Assets | 97.16% |
| Annual Growth Rate | 12.06% |
| 5-Year Change | 58.56% |
| 10-Year Change | N/A |
| Growth Volatility | 22.05 |
Houston Natural Resources Corp - Net Assets Trend (2015–2023)
This chart illustrates how Houston Natural Resources Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Houston Natural Resources Corp (2015–2023)
The table below shows the annual net assets of Houston Natural Resources Corp from 2015 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $84.24 Million | -8.07% |
| 2022-12-31 | $91.64 Million | +25.69% |
| 2021-12-31 | $72.91 Million | +2.17% |
| 2020-12-31 | $71.36 Million | +34.31% |
| 2019-12-31 | $53.13 Million | +59.55% |
| 2018-12-31 | $33.30 Million | -1.20% |
| 2017-12-31 | $33.70 Million | -0.33% |
| 2016-12-31 | $33.82 Million | -0.15% |
| 2015-12-31 | $33.87 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Houston Natural Resources Corp'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 grown by 3178482800.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $31.78 Million | 37.73% |
| Common Stock | $20.15K | 0.02% |
| Other Comprehensive Income | $-20.15K | -0.02% |
| Other Components | $52.46 Million | 62.27% |
| Total Equity | $84.24 Million | 100.00% |
Houston Natural Resources Corp Competitors by Market Cap
The table below lists competitors of Houston Natural Resources Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ThermaFreeze Products Corporation
PINK:TZPC
|
$168.43 |
|
Ecclesiastical Insurance Office plc
LSE:ELLA
|
$168.46 |
|
Dental Patient Care America Inc
PINK:DPAT
|
$168.71 |
|
Dewan Sugar Mills Ltd
KAR:DWSM
|
$168.79 |
|
HENGDELI HLDGS (XYUA.SG)
STU:XYUA
|
$167.80 |
|
SSLJ.com Ltd
OTCMKTS:YGTYF
|
$167.23 |
|
RED STAR EXPRESS PLC
XNSA:REDSTAREX
|
$167.11 |
|
KRAKATAU STEEL -B-
MU:07K
|
$166.99 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Houston Natural Resources Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 91,641,650 to 84,244,002, a change of -7,397,648 (-8.1%).
- Net income of 11,501,687 contributed positively to equity growth.
- Other comprehensive income decreased equity by 91,616,967.
- Other factors increased equity by 72,717,632.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $11.50 Million | +13.65% |
| Other Comprehensive Income | $-91.62 Million | -108.75% |
| Other Changes | $72.72 Million | +86.32% |
| Total Change | $- | -8.07% |
Book Value vs Market Value Analysis
This analysis compares Houston Natural Resources Corp'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: 0.04x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | $495.83 | $0.02 | x |
| 2016-12-31 | $323.66 | $0.02 | x |
| 2017-12-31 | $308.98 | $0.02 | x |
| 2018-12-31 | $305.27 | $0.02 | x |
| 2019-12-31 | $487.06 | $0.02 | x |
| 2020-12-31 | $4.69 | $0.02 | x |
| 2021-12-31 | $3.41 | $0.02 | x |
| 2022-12-31 | $1.34 | $0.02 | x |
| 2023-12-31 | $0.42 | $0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Houston Natural Resources Corp 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): 13.65%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 54.47%
- • Asset Turnover: 0.25x
- • Equity Multiplier: 1.02x
- Recent ROE (13.65%) is above the historical average (4.55%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 0.80% | 21.54% | 0.04x | 1.01x | $-3.12 Million |
| 2016 | 0.70% | 20.24% | 0.03x | 1.01x | $-3.14 Million |
| 2017 | 0.78% | 17.87% | 0.04x | 1.02x | $-3.11 Million |
| 2018 | -0.24% | -9.21% | 0.03x | 1.02x | $-3.41 Million |
| 2019 | 0.06% | 1.05% | 0.06x | 1.02x | $-5.28 Million |
| 2020 | 4.17% | 31.22% | 0.13x | 1.02x | $-4.16 Million |
| 2021 | 10.47% | 41.92% | 0.25x | 1.02x | $345.77K |
| 2022 | 10.52% | 46.99% | 0.22x | 1.01x | $477.13K |
| 2023 | 13.65% | 54.47% | 0.25x | 1.02x | $3.08 Million |
Industry Comparison
This section compares Houston Natural Resources Corp's net assets metrics with peer companies in the Waste Management industry.
Industry Context
- Industry: Waste Management
- Average net assets among peers: $61,795,124
- Average return on equity (ROE) among peers: -17.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Houston Natural Resources Corp (HNRC) | $71.09 Million | 0.80% | 0.03x | $168.43 |
| American Battery Technology Company Common Stock (ABAT) | $70.60 Million | -66.24% | 0.20x | $410.46 Million |
| Agilyx AS (AGXXF) | $35.34 Million | 10.45% | 1.10x | $152.59 Million |
| Ambipar Emergency Response (AMBI) | $8.37 Million | 0.00% | 1.76x | $5.74 Million |
| Anaergia Inc (ANRGF) | $125.77 Million | -18.04% | 2.60x | $20.51 Million |
| Aqua Metals Inc (AQMS) | $31.14 Million | -82.73% | 0.13x | $12.23 Million |
| Avalon Holdings Corporation (AWX) | $39.44 Million | 3.70% | 0.21x | $5.00 Million |
| BacTech Environmental Corporation (BCCEF) | $-1.02 Million | 0.00% | 0.00x | $7.36 Million |
| Befesa S.A (BFSAF) | $259.26 Million | -13.65% | 3.41x | $1.39 Billion |
| BluMetric Environmental Inc. (BLMWF) | $12.19 Million | 4.16% | 0.64x | $27.18 Million |
| BQE Water Inc (BTQNF) | $36.85 Million | -14.23% | 0.05x | $25.45 Million |