New Frontier Energy Inc
New Frontier Energy, Inc., an independent energy company, engages in the acquisition, exploration, development, and production of natural gas and crude oil. It holds 297,000 acres in the Permian Basin, located in the western half of the Permian Basin; 186,000 acres in the Marcellus Shale, located in Susquehanna County, Pennsylvania; and 181,000 acres in the Anadarko Basin, located in the Mid-Cont… Read more
New Frontier Energy Inc (NFEI) - Net Assets
Latest net assets as of August 2022: $-108.05K USD
Based on the latest financial reports, New Frontier Energy Inc (NFEI) has net assets worth $-108.05K USD as of August 2022.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($24.00) and total liabilities ($108.08K). 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 | $-108.05K |
| % of Total Assets | -450216.67% |
| Annual Growth Rate | N/A |
| 5-Year Change | -112.35% |
| 10-Year Change | N/A |
| Growth Volatility | 127.85 |
New Frontier Energy Inc - Net Assets Trend (2008–2022)
This chart illustrates how New Frontier Energy 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 New Frontier Energy Inc (2008–2022)
The table below shows the annual net assets of New Frontier Energy Inc from 2008 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-02-28 | $-452.28K | -104.01% |
| 2014-02-28 | $11.29 Million | -15.09% |
| 2013-02-28 | $13.30 Million | -11.95% |
| 2012-02-29 | $15.10 Million | +312.26% |
| 2011-02-28 | $3.66 Million | -22.68% |
| 2010-02-28 | $4.74 Million | -60.48% |
| 2009-02-28 | $11.99 Million | -44.40% |
| 2008-02-29 | $21.56 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to New Frontier Energy 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 grown by 192759800.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (February 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $74.79K | % |
| Other Comprehensive Income | $16.18 Million | % |
| Total Equity | $-452.28K | 100.00% |
New Frontier Energy Inc Competitors by Market Cap
The table below lists competitors of New Frontier Energy Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Piksel Inc
PINK:PIKL
|
$0.96 |
|
China BCT Pharmacy Group Inc
PINK:CNBI
|
$0.96 |
|
US BioTec Inc
PINK:USBC
|
$0.96 |
|
Compliance Energy Corporation
OTCGREY:CPYCF
|
$0.96 |
|
Rainforest Resources Inc
OTCQB:RRIF
|
$0.96 |
|
Supurva Healthcare Group Inc
PINK:SPRV
|
$0.96 |
|
FG Fitness & Media Group Inc
OTCGREY:FGFT
|
$0.96 |
|
Tradestar Resources Corporation
PINK:TSRR
|
$0.96 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in New Frontier Energy Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2014 to 2022, total equity changed from 11,290,000 to -452,277, a change of -11,742,277 (-104.0%).
- Net loss of 452,276 reduced equity.
- Other comprehensive income increased equity by 16,177,000.
- Other factors decreased equity by 27,467,001.
Equity Change Factors (2014 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-452.28K | -100.0% |
| Other Comprehensive Income | $16.18 Million | +3576.79% |
| Other Changes | $-27.47 Million | -6073.05% |
| Total Change | $- | -104.01% |
Book Value vs Market Value Analysis
This analysis compares New Frontier Energy 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 |
|---|---|---|---|
| 2008-02-29 | $0.00 | $0.00 | x |
| 2009-02-28 | $0.00 | $0.00 | x |
| 2010-02-28 | $0.00 | $0.00 | x |
| 2011-02-28 | $0.05 | $0.00 | x |
| 2012-02-29 | $0.21 | $0.00 | x |
| 2013-02-28 | $0.18 | $0.00 | x |
| 2014-02-28 | $0.14 | $0.00 | x |
| 2022-02-28 | $-0.01 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently New Frontier Energy 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: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-57.67%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | -30.25% | -844.88% | 0.03x | 1.24x | $-8.52 Million |
| 2009 | -107.78% | -919.79% | 0.08x | 1.45x | $-13.63 Million |
| 2010 | -243.35% | -85345.71% | 0.00x | 2.04x | $-10.92 Million |
| 2011 | -33.62% | -6807.75% | 0.00x | 2.94x | $-1.39 Million |
| 2012 | -6.40% | -50.99% | 0.11x | 1.13x | $-2.48 Million |
| 2013 | -22.16% | -72.96% | 0.18x | 1.73x | $-4.28 Million |
| 2014 | -17.78% | -49.68% | 0.24x | 1.48x | $-3.14 Million |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-407.05K |
Industry Comparison
This section compares New Frontier Energy Inc'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 |
|---|---|---|---|---|
| New Frontier Energy Inc (NFEI) | $-108.05K | -30.25% | N/A | $0.96 |
| 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 |