Kelt Exploration Ltd
Kelt Exploration Ltd., an oil and gas company, engages in the exploration, development, and production of crude oil and natural gas resources primarily in Western Canada. The company markets its crude oil and natural gas liquids products primarily to third party. Kelt Exploration Ltd. was incorporated in 2012 and is headquartered in Calgary, Canada.
Kelt Exploration Ltd (KELTF) - Net Assets
Latest net assets as of September 2025: $1.12 Billion USD
Based on the latest financial reports, Kelt Exploration Ltd (KELTF) has net assets worth $1.12 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.59 Billion) and total liabilities ($477.39 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 | $1.12 Billion |
| % of Total Assets | 70.06% |
| Annual Growth Rate | 9.47% |
| 5-Year Change | 76.09% |
| 10-Year Change | 25.54% |
| Growth Volatility | 22.43 |
Kelt Exploration Ltd - Net Assets Trend (2013–2024)
This chart illustrates how Kelt Exploration Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Kelt Exploration Ltd (2013–2024)
The table below shows the annual net assets of Kelt Exploration Ltd from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.06 Billion | +5.91% |
| 2023-12-31 | $1.00 Billion | +11.34% |
| 2022-12-31 | $901.42 Million | +24.73% |
| 2021-12-31 | $722.72 Million | +19.72% |
| 2020-12-31 | $603.68 Million | -34.60% |
| 2019-12-31 | $923.06 Million | +3.27% |
| 2018-12-31 | $893.80 Million | +5.69% |
| 2017-12-31 | $845.70 Million | +0.28% |
| 2016-12-31 | $843.30 Million | -0.41% |
| 2015-12-31 | $846.75 Million | +36.65% |
| 2014-12-31 | $619.64 Million | +57.72% |
| 2013-12-31 | $392.87 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kelt Exploration Ltd'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 10925400000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.18 Billion | 111.39% |
| Other Comprehensive Income | $-6.69 Million | -0.63% |
| Total Equity | $1.06 Billion | 100.00% |
Kelt Exploration Ltd Competitors by Market Cap
The table below lists competitors of Kelt Exploration Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Citychamp Dartong Co Ltd
SHG:600067
|
$452.04 Million |
|
Beijing Oriental Jicheng Co Ltd
SHE:002819
|
$452.07 Million |
|
New Pacific Metals Corp
NYSE MKT:NEWP
|
$452.28 Million |
|
Mochida Pharmaceutical Co. Ltd
F:MFY
|
$452.38 Million |
|
Ferrexpo plc
PINK:FEEXY
|
$451.59 Million |
|
NEXA RESOURCES S.A. DL 1
F:NE0
|
$451.41 Million |
|
Maas Group Holdings Ltd
AU:MGH
|
$451.33 Million |
|
OIL&GAS REGS
IL:OGDC
|
$451.32 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kelt Exploration Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,003,663,000 to 1,063,004,000, a change of 59,341,000 (5.9%).
- Net income of 45,423,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 5,317,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $45.42 Million | +4.27% |
| Other Comprehensive Income | $5.32 Million | +0.5% |
| Other Changes | $8.60 Million | +0.81% |
| Total Change | $- | 5.91% |
Book Value vs Market Value Analysis
This analysis compares Kelt Exploration Ltd'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: 0.73x
- 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 |
|---|---|---|---|
| 2013-12-31 | $5.23 | $3.90 | x |
| 2014-12-31 | $4.99 | $3.90 | x |
| 2015-12-31 | $5.47 | $3.90 | x |
| 2016-12-31 | $4.87 | $3.90 | x |
| 2017-12-31 | $4.79 | $3.90 | x |
| 2018-12-31 | $4.85 | $3.90 | x |
| 2019-12-31 | $4.99 | $3.90 | x |
| 2020-12-31 | $3.21 | $3.90 | x |
| 2021-12-31 | $3.79 | $3.90 | x |
| 2022-12-31 | $4.61 | $3.90 | x |
| 2023-12-31 | $5.14 | $3.90 | x |
| 2024-12-31 | $5.33 | $3.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kelt Exploration Ltd 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): 4.27%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.70%
- • Asset Turnover: 0.32x
- • Equity Multiplier: 1.36x
- Recent ROE (4.27%) is above the historical average (-2.57%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -1.30% | -10.96% | 0.10x | 1.24x | $-44.40 Million |
| 2014 | 1.72% | 4.95% | 0.24x | 1.47x | $-51.34 Million |
| 2015 | -16.66% | -78.65% | 0.14x | 1.51x | $-225.71 Million |
| 2016 | -5.90% | -26.96% | 0.15x | 1.49x | $-134.10 Million |
| 2017 | -2.74% | -9.00% | 0.20x | 1.51x | $-107.75 Million |
| 2018 | 0.91% | 2.09% | 0.27x | 1.59x | $-81.23 Million |
| 2019 | 0.71% | 1.67% | 0.25x | 1.74x | $-85.73 Million |
| 2020 | -53.80% | -156.79% | 0.27x | 1.26x | $-385.18 Million |
| 2021 | 15.81% | 36.07% | 0.35x | 1.26x | $41.98 Million |
| 2022 | 17.61% | 25.88% | 0.54x | 1.25x | $68.62 Million |
| 2023 | 8.57% | 17.35% | 0.39x | 1.26x | $-14.39 Million |
| 2024 | 4.27% | 9.70% | 0.32x | 1.36x | $-60.88 Million |
Industry Comparison
This section compares Kelt Exploration Ltd'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 |
|---|---|---|---|---|
| Kelt Exploration Ltd (KELTF) | $1.12 Billion | -1.30% | 0.43x | $451.97 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 |