Jericho Oil Corp
Jericho Energy Ventures Inc., together with its subsidiaries, engages in the acquisition, exploration, development, and production of oil and natural gas in the United States. It also invests in hydrogen production, battery technology storage, carbon capture, and new energy systems. The company was formerly known as Jericho Oil Corporation and changed its name to Jericho Energy Ventures Inc. in M… Read more
Jericho Oil Corp (JROOF) - Net Assets
Latest net assets as of September 2025: $9.12 Million USD
Based on the latest financial reports, Jericho Oil Corp (JROOF) has net assets worth $9.12 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($14.37 Million) and total liabilities ($5.25 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 | $9.12 Million |
| % of Total Assets | 63.45% |
| Annual Growth Rate | 29.55% |
| 5-Year Change | -36.25% |
| 10-Year Change | -31.68% |
| Growth Volatility | 971.13 |
Jericho Oil Corp - Net Assets Trend (2011–2024)
This chart illustrates how Jericho Oil 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 Jericho Oil Corp (2011–2024)
The table below shows the annual net assets of Jericho Oil Corp from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $12.18 Million | -8.94% |
| 2023-12-31 | $13.38 Million | -24.15% |
| 2022-12-31 | $17.64 Million | -20.53% |
| 2021-12-31 | $22.20 Million | +16.15% |
| 2020-12-31 | $19.11 Million | -42.83% |
| 2019-12-31 | $33.43 Million | -23.60% |
| 2018-12-31 | $43.76 Million | +2.88% |
| 2017-12-31 | $42.53 Million | +61.73% |
| 2016-12-31 | $26.30 Million | +47.47% |
| 2015-12-31 | $17.83 Million | +71.23% |
| 2014-12-31 | $10.41 Million | +3648.29% |
| 2013-12-31 | $277.86K | -60.65% |
| 2012-12-31 | $706.05K | +67.96% |
| 2011-12-31 | $420.37K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Jericho Oil 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 decreased by 5385511600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $61.66 Million | 499.21% |
| Other Comprehensive Income | $-1.32 Million | -10.68% |
| Other Components | $6.17 Million | 49.95% |
| Total Equity | $12.35 Million | 100.00% |
Jericho Oil Corp Competitors by Market Cap
The table below lists competitors of Jericho Oil Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Arizona Lithium Limited
PINK:AZLAF
|
$21.29 Million |
|
Bioxyne Ltd
AU:BXN
|
$21.29 Million |
|
Sanko Pazarlama Ithalat Ihracat AS
IS:SANKO
|
$21.30 Million |
|
KDXRF
PINK:KDXRF
|
$21.30 Million |
|
Neonode Inc
NASDAQ:NEON
|
$21.28 Million |
|
W S Industries (I) Limited
NSE:WSI
|
$21.28 Million |
|
Sam-A Pharm. Co. Ltd
KQ:009300
|
$21.27 Million |
|
AJ Advance Technology Public Company Limited
BK:AJA
|
$21.27 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jericho Oil Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 17,642,304 to 12,352,030, a change of -5,290,274 (-30.0%).
- Net loss of 7,271,366 reduced equity.
- New share issuances of 1,655,839 increased equity.
- Other comprehensive income increased equity by 576,424.
- Other factors decreased equity by 251,171.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-7.27 Million | -58.87% |
| Share Issuances | $1.66 Million | +13.41% |
| Other Comprehensive Income | $576.42K | +4.67% |
| Other Changes | $-251.17K | -2.03% |
| Total Change | $- | -29.99% |
Book Value vs Market Value Analysis
This analysis compares Jericho Oil 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: 2.53x
- 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 3.25x to 2.53x 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 | $0.04 | $0.12 | x |
| 2012-12-31 | $0.05 | $0.12 | x |
| 2013-12-31 | $0.02 | $0.12 | x |
| 2014-12-31 | $0.30 | $0.12 | x |
| 2015-12-31 | $0.39 | $0.12 | x |
| 2016-12-31 | $0.40 | $0.12 | x |
| 2017-12-31 | $0.47 | $0.12 | x |
| 2018-12-31 | $0.34 | $0.12 | x |
| 2019-12-31 | $0.26 | $0.12 | x |
| 2020-12-31 | $0.12 | $0.12 | x |
| 2021-12-31 | $0.11 | $0.12 | x |
| 2022-12-31 | $0.08 | $0.12 | x |
| 2023-12-31 | $0.07 | $0.12 | x |
| 2024-12-31 | $0.05 | $0.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jericho Oil 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): -58.87%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -65284.31%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.40x
- Recent ROE (-58.87%) is below the historical average (-37.30%), 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 | -72.94% | 0.00% | 0.00x | 1.06x | $-348.64K |
| 2012 | -53.70% | 0.00% | 0.00x | 1.28x | $-449.76K |
| 2013 | -64.36% | 0.00% | 0.00x | 1.26x | $-267.32K |
| 2014 | -16.25% | -220.92% | 0.07x | 1.06x | $-2.73 Million |
| 2015 | -6.16% | -161.98% | 0.03x | 1.11x | $-2.88 Million |
| 2016 | 5.86% | 375.89% | 0.01x | 1.05x | $-1.09 Million |
| 2017 | -14.14% | -1536.61% | 0.01x | 1.01x | $-10.27 Million |
| 2018 | -9.29% | -994.31% | 0.01x | 1.01x | $-8.44 Million |
| 2019 | -25.88% | -3641.34% | 0.01x | 1.02x | $-12.00 Million |
| 2020 | -108.57% | -37353.32% | 0.00x | 1.03x | $-22.66 Million |
| 2021 | -30.17% | -11137.96% | 0.00x | 1.27x | $-8.92 Million |
| 2022 | -26.18% | -19799.14% | 0.00x | 1.24x | $-6.38 Million |
| 2023 | -41.50% | -10029.63% | 0.00x | 1.08x | $-9.09 Million |
| 2024 | -58.87% | -65284.31% | 0.00x | 1.40x | $-8.51 Million |
Industry Comparison
This section compares Jericho Oil Corp'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 |
|---|---|---|---|---|
| Jericho Oil Corp (JROOF) | $9.12 Million | -72.94% | 0.58x | $21.28 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 |