Chariot Oil & Gas Limited
Chariot Limited, together with its subsidiaries, engages in the oil and gas exploration and appraisal activities. The company operates through Transactional Gas, Transactional Power, and Green Hydrogen segments. It holds interests in the Lixus and Rissana offshore; and Loukos onshore licenses in Morocco. The company also engages in the electricity trading; and water and green hydrogen businesses.… Read more
Chariot Oil & Gas Limited (OIGLF) - Net Assets
Latest net assets as of June 2025: $60.52 Million USD
Based on the latest financial reports, Chariot Oil & Gas Limited (OIGLF) has net assets worth $60.52 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 ($65.54 Million) and total liabilities ($5.02 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 | $60.52 Million |
| % of Total Assets | 92.34% |
| Annual Growth Rate | 1.43% |
| 5-Year Change | 260.32% |
| 10-Year Change | -60.72% |
| Growth Volatility | 62.87 |
Chariot Oil & Gas Limited - Net Assets Trend (2007–2024)
This chart illustrates how Chariot Oil & Gas Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Chariot Oil & Gas Limited (2007–2024)
The table below shows the annual net assets of Chariot Oil & Gas Limited from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $58.23 Million | -15.45% |
| 2023-12-31 | $68.88 Million | +12.81% |
| 2022-12-31 | $61.06 Million | +56.72% |
| 2021-12-31 | $38.96 Million | +141.06% |
| 2020-12-31 | $16.16 Million | -81.33% |
| 2019-12-31 | $86.56 Million | -3.78% |
| 2018-12-31 | $89.96 Million | +2.62% |
| 2017-12-31 | $87.66 Million | -38.35% |
| 2016-12-31 | $142.21 Million | -4.08% |
| 2015-12-31 | $148.25 Million | -8.52% |
| 2014-12-31 | $162.05 Million | -13.99% |
| 2013-12-31 | $188.41 Million | -4.19% |
| 2012-12-31 | $196.65 Million | +29.13% |
| 2011-12-31 | $152.29 Million | +141.17% |
| 2010-12-31 | $63.15 Million | -40.17% |
| 2009-12-31 | $105.54 Million | -2.10% |
| 2008-12-31 | $107.80 Million | +135.72% |
| 2007-12-31 | $45.73 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Chariot Oil & Gas Limited'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 41151358100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $17.35 Million | 29.80% |
| Other Comprehensive Income | $11.38 Million | 19.53% |
| Other Components | $441.37 Million | 757.92% |
| Total Equity | $58.23 Million | 100.00% |
Chariot Oil & Gas Limited Competitors by Market Cap
The table below lists competitors of Chariot Oil & Gas Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Paragon Globe Bhd
KLSE:3611
|
$21.96 Million |
|
KEYEAST.Co.Ltd
KQ:054780
|
$21.96 Million |
|
Intellinetics Inc
NYSE MKT:INLX
|
$21.96 Million |
|
Luks Group (Vietnam Holdings) Company Limited
F:LU4
|
$21.96 Million |
|
GVK Power & Infrastructure Limited
NSE:GVKPIL
|
$21.94 Million |
|
Matrix Composites & Engineering Ltd
AU:MCE
|
$21.94 Million |
|
Arvana Inc
PINK:AVNI
|
$21.93 Million |
|
Teladan Setia Group Bhd
KLSE:0230
|
$21.93 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Chariot Oil & Gas Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 68,873,000 to 58,235,000, a change of -10,638,000 (-15.4%).
- Net loss of 22,350,000 reduced equity.
- New share issuances of 8,288,000 increased equity.
- Other comprehensive income increased equity by 788,179.
- Other factors increased equity by 2,635,821.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-22.35 Million | -38.38% |
| Share Issuances | $8.29 Million | +14.23% |
| Other Comprehensive Income | $788.18K | +1.35% |
| Other Changes | $2.64 Million | +4.53% |
| Total Change | $- | -15.45% |
Book Value vs Market Value Analysis
This analysis compares Chariot Oil & Gas Limited'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: 0.30x
- 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 0.05x to 0.30x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | $0.32 | $0.02 | x |
| 2008-12-31 | $0.81 | $0.02 | x |
| 2009-12-31 | $0.74 | $0.02 | x |
| 2011-12-31 | $0.85 | $0.02 | x |
| 2012-12-31 | $0.99 | $0.02 | x |
| 2013-12-31 | $0.93 | $0.02 | x |
| 2014-12-31 | $0.73 | $0.02 | x |
| 2015-12-31 | $0.56 | $0.02 | x |
| 2016-12-31 | $0.53 | $0.02 | x |
| 2017-12-31 | $0.33 | $0.02 | x |
| 2018-12-31 | $0.26 | $0.02 | x |
| 2019-12-31 | $0.23 | $0.02 | x |
| 2020-12-31 | $0.04 | $0.02 | x |
| 2021-12-31 | $0.07 | $0.02 | x |
| 2022-12-31 | $0.07 | $0.02 | x |
| 2023-12-31 | $0.07 | $0.02 | x |
| 2024-12-31 | $0.05 | $0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Chariot Oil & Gas Limited 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): -38.38%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -13796.30%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.09x
- Recent ROE (-38.38%) is above the historical average (-44.58%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | -6.26% | 0.00% | 0.00x | 1.22x | $-7.43 Million |
| 2008 | -26.50% | 0.00% | 0.00x | 1.08x | $-39.35 Million |
| 2009 | -2.96% | 0.00% | 0.00x | 1.00x | $-13.68 Million |
| 2011 | -6.01% | 0.00% | 0.00x | 1.03x | $-24.39 Million |
| 2012 | -45.04% | 0.00% | 0.00x | 1.10x | $-108.23 Million |
| 2013 | -5.55% | 0.00% | 0.00x | 1.03x | $-29.30 Million |
| 2014 | -25.78% | 0.00% | 0.00x | 1.01x | $-57.98 Million |
| 2015 | -10.05% | 0.00% | 0.00x | 1.01x | $-29.73 Million |
| 2016 | -4.80% | 0.00% | 0.00x | 1.04x | $-21.05 Million |
| 2017 | -63.22% | 0.00% | 0.00x | 1.03x | $-64.18 Million |
| 2018 | -16.83% | 0.00% | 0.00x | 1.08x | $-24.13 Million |
| 2019 | -4.68% | 0.00% | 0.00x | 1.04x | $-12.71 Million |
| 2020 | -436.95% | 0.00% | 0.00x | 1.12x | $-72.24 Million |
| 2021 | -17.86% | 0.00% | 0.00x | 1.41x | $-10.86 Million |
| 2022 | -24.37% | 0.00% | 0.00x | 1.11x | $-20.99 Million |
| 2023 | -22.62% | -19472.50% | 0.00x | 1.08x | $-22.47 Million |
| 2024 | -38.38% | -13796.30% | 0.00x | 1.09x | $-28.17 Million |
Industry Comparison
This section compares Chariot Oil & Gas Limited'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 |
|---|---|---|---|---|
| Chariot Oil & Gas Limited (OIGLF) | $60.52 Million | -6.26% | 0.08x | $21.94 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 |