IGas Energy plc
Star Energy Group Plc operates as an oil and gas exploration, development, processing, and production company in the United Kingdom. The company holds gas and oil reserves at onshore locations in the East Midlands; and the Weald Basin in Southern England. It also generates electricity through geothermal energy; and development of deep geothermal heat projects. The company was formerly known as IG… Read more
IGas Energy plc (IGESF) - Net Assets
Latest net assets as of June 2025: $38.50 Million USD
Based on the latest financial reports, IGas Energy plc (IGESF) has net assets worth $38.50 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($121.11 Million) and total liabilities ($82.61 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 | $38.50 Million |
| % of Total Assets | 31.79% |
| Annual Growth Rate | 26.87% |
| 5-Year Change | -27.22% |
| 10-Year Change | -45.99% |
| Growth Volatility | 178.08 |
IGas Energy plc - Net Assets Trend (2004–2024)
This chart illustrates how IGas Energy plc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for IGas Energy plc (2004–2024)
The table below shows the annual net assets of IGas Energy plc from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $53.35 Million | -23.62% |
| 2023-12-31 | $69.85 Million | +19.87% |
| 2022-12-31 | $58.27 Million | -15.07% |
| 2021-12-31 | $68.62 Million | -6.39% |
| 2020-12-31 | $73.30 Million | -35.19% |
| 2019-12-31 | $113.11 Million | -30.04% |
| 2018-12-31 | $161.68 Million | -10.97% |
| 2017-12-31 | $181.60 Million | +157.47% |
| 2016-12-31 | $70.53 Million | -28.59% |
| 2015-12-31 | $98.77 Million | -32.63% |
| 2014-12-31 | $146.62 Million | +97.28% |
| 2013-12-31 | $74.32 Million | +25.72% |
| 2012-12-31 | $59.12 Million | +7.57% |
| 2011-12-31 | $54.96 Million | +228.54% |
| 2010-12-31 | $16.73 Million | -7.90% |
| 2009-12-31 | $18.16 Million | +604.77% |
| 2008-12-31 | $2.58 Million | +164.04% |
| 2007-12-31 | $976.00K | +378.43% |
| 2006-12-31 | $204.00K | -91.07% |
| 2005-12-31 | $2.28 Million | +399.78% |
| 2004-12-31 | $457.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to IGas Energy plc'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 16533831400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $37.95 Million | 69.43% |
| Other Comprehensive Income | $53.10 Million | 97.14% |
| Other Components | $129.17 Million | 236.31% |
| Total Equity | $54.66 Million | 100.00% |
IGas Energy plc Competitors by Market Cap
The table below lists competitors of IGas Energy plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Boreo Oyj
HE:BOREO
|
$7.63 Million |
|
Mitsib Leasing Public Company Limited
BK:MITSIB
|
$7.63 Million |
|
Alla Public Company Limited
BK:ALLA
|
$7.63 Million |
|
Aksara Global Development Tbk PT
JK:GAMA
|
$7.64 Million |
|
Ssif Broker Cl
RO:BRK
|
$7.63 Million |
|
Desenio Group AB
ST:DSNO
|
$7.63 Million |
|
Lotus Technology Inc. Warrants
NASDAQ:LOTWW
|
$7.62 Million |
|
S.M.A.I.O S.A.
F:G3O
|
$7.62 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in IGas Energy plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 69,538,898 to 54,663,061, a change of -14,875,837 (-21.4%).
- Net loss of 14,131,174 reduced equity.
- New share issuances of 28,000 increased equity.
- Other comprehensive income increased equity by 26,014,860.
- Other factors decreased equity by 26,787,523.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-14.13 Million | -25.85% |
| Share Issuances | $28.00K | +0.05% |
| Other Comprehensive Income | $26.01 Million | +47.59% |
| Other Changes | $-26.79 Million | -49.0% |
| Total Change | $- | -21.39% |
Book Value vs Market Value Analysis
This analysis compares IGas Energy plc'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: 0.22x
- 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 0.00x to 0.22x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | $350.46 | $0.09 | x |
| 2005-12-31 | $757.38 | $0.09 | x |
| 2006-12-31 | $67.65 | $0.09 | x |
| 2007-12-31 | $0.34 | $0.09 | x |
| 2008-12-31 | $0.83 | $0.09 | x |
| 2009-12-31 | $5.36 | $0.09 | x |
| 2010-12-31 | $3.60 | $0.09 | x |
| 2011-12-31 | $7.23 | $0.09 | x |
| 2012-12-31 | $7.01 | $0.09 | x |
| 2013-12-31 | $7.53 | $0.09 | x |
| 2014-12-31 | $11.65 | $0.09 | x |
| 2015-12-31 | $0.00 | $0.09 | x |
| 2016-12-31 | $4.62 | $0.09 | x |
| 2017-12-31 | $1.46 | $0.09 | x |
| 2018-12-31 | $1.33 | $0.09 | x |
| 2019-12-31 | $0.93 | $0.09 | x |
| 2020-12-31 | $0.60 | $0.09 | x |
| 2021-12-31 | $0.55 | $0.09 | x |
| 2022-12-31 | $0.46 | $0.09 | x |
| 2023-12-31 | $0.54 | $0.09 | x |
| 2024-12-31 | $0.42 | $0.09 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently IGas Energy plc 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): -25.85%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -25.88%
- • Asset Turnover: 0.33x
- • Equity Multiplier: 3.07x
- Recent ROE (-25.85%) is above the historical average (-40.66%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | -48.36% | -166.83% | 0.22x | 1.34x | $-266.70K |
| 2005 | 3.68% | 2449.98% | 0.00x | 1.03x | $-144.28K |
| 2006 | 62.36% | 10.91% | 4.26x | 1.34x | $106.81K |
| 2007 | -410.87% | -248.52% | 0.89x | 1.85x | $-4.11 Million |
| 2008 | -21.54% | -38.91% | 0.42x | 1.33x | $-812.67K |
| 2009 | -4.48% | -60.87% | 0.07x | 1.05x | $-2.63 Million |
| 2010 | -14.44% | -235.21% | 0.06x | 1.05x | $-4.09 Million |
| 2011 | -28.20% | -54.81% | 0.14x | 3.64x | $-20.99 Million |
| 2012 | -47.14% | -26.87% | 0.29x | 5.98x | $-33.78 Million |
| 2013 | -17.79% | -10.45% | 0.44x | 3.86x | $-20.65 Million |
| 2014 | 3.52% | 8.88% | 0.17x | 2.30x | $-9.50 Million |
| 2015 | -60.51% | -178.41% | 0.13x | 2.58x | $-69.64 Million |
| 2016 | -56.78% | -106.37% | 0.15x | 3.52x | $-47.10 Million |
| 2017 | 11.53% | 43.25% | 0.19x | 1.40x | $2.78 Million |
| 2018 | -16.80% | -49.69% | 0.22x | 1.51x | $-43.34 Million |
| 2019 | -58.82% | -122.80% | 0.27x | 1.76x | $-77.85 Million |
| 2020 | -78.49% | -195.06% | 0.18x | 2.28x | $-64.86 Million |
| 2021 | -12.29% | -16.45% | 0.30x | 2.45x | $-15.30 Million |
| 2022 | -24.44% | -19.91% | 0.48x | 2.56x | $-20.07 Million |
| 2023 | -8.23% | -9.08% | 0.34x | 2.66x | $-12.67 Million |
| 2024 | -25.85% | -25.88% | 0.33x | 3.07x | $-19.60 Million |
Industry Comparison
This section compares IGas Energy plc'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 |
|---|---|---|---|---|
| IGas Energy plc (IGESF) | $38.50 Million | -48.36% | 2.15x | $7.63 Million |
| 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 |