Touchstone Exploration Inc
Touchstone Exploration Inc. engages in the exploration, development, acquisition, production, and sale of petroleum and natural gas properties in the Republic of Trinidad and Tobago. Its primary exploration focus is the Ortoire exploration block. The company also operates Trinidad-based upstream petroleum and natural gas activities under state exploration and production licenses with the Governme… Read more
Touchstone Exploration Inc (PBEGF) - Net Assets
Latest net assets as of September 2025: $71.60 Million USD
Based on the latest financial reports, Touchstone Exploration Inc (PBEGF) has net assets worth $71.60 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 ($236.40 Million) and total liabilities ($164.80 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 | $71.60 Million |
| % of Total Assets | 30.29% |
| Annual Growth Rate | 16.45% |
| 5-Year Change | 13.95% |
| 10-Year Change | 81.28% |
| Growth Volatility | 128.77 |
Touchstone Exploration Inc - Net Assets Trend (1994–2024)
This chart illustrates how Touchstone Exploration 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 Touchstone Exploration Inc (1994–2024)
The table below shows the annual net assets of Touchstone Exploration Inc from 1994 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $68.79 Million | +15.09% |
| 2023-12-31 | $59.77 Million | -23.75% |
| 2022-12-31 | $78.38 Million | +16.02% |
| 2021-12-31 | $67.56 Million | +11.92% |
| 2020-12-31 | $60.37 Million | +100.45% |
| 2019-12-31 | $30.11 Million | -3.66% |
| 2018-12-31 | $31.26 Million | +2.89% |
| 2017-12-31 | $30.38 Million | +12.70% |
| 2016-12-31 | $26.96 Million | -28.96% |
| 2015-12-31 | $37.95 Million | -33.49% |
| 2014-12-31 | $57.06 Million | -27.15% |
| 2013-12-31 | $78.32 Million | -42.25% |
| 2012-12-31 | $135.63 Million | -96.32% |
| 2011-12-31 | $3.68 Billion | -8.23% |
| 2010-12-31 | $4.01 Billion | +18.45% |
| 2009-12-31 | $3.39 Billion | +238.76% |
| 2008-12-31 | $999.49 Million | +64.80% |
| 2007-12-31 | $606.49 Million | +109.22% |
| 2006-12-31 | $289.88 Million | +160.65% |
| 2005-12-31 | $111.21 Million | -12.42% |
| 2004-12-31 | $126.99 Million | +9.44% |
| 2003-12-31 | $116.03 Million | +61.64% |
| 2002-12-31 | $71.79 Million | -0.16% |
| 2001-12-31 | $71.90 Million | +85.56% |
| 2000-12-31 | $38.75 Million | +52.92% |
| 1999-12-31 | $25.34 Million | +24.57% |
| 1998-12-31 | $20.34 Million | +57.35% |
| 1997-12-31 | $12.93 Million | +30.27% |
| 1996-12-31 | $9.92 Million | +651.97% |
| 1995-12-31 | $1.32 Million | +85.21% |
| 1994-12-31 | $712.55K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Touchstone Exploration 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 decreased by 3987396948.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $115.54 Million | 167.97% |
| Other Comprehensive Income | $-13.87 Million | -20.17% |
| Other Components | $7.06 Million | 10.27% |
| Total Equity | $68.79 Million | 100.00% |
Touchstone Exploration Inc Competitors by Market Cap
The table below lists competitors of Touchstone Exploration Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Siyata Mobile Inc
NASDAQ:SYTA
|
$38.03 Million |
|
Chyang Sheng Dyeing & Finishing Co Ltd
TW:1463
|
$38.03 Million |
|
PT BISI International Tbk
STU:4FM
|
$38.04 Million |
|
Vasta Platform Ltd
NASDAQ:VSTA
|
$38.05 Million |
|
Can Don Hydro Power JSC
VN:SJD
|
$38.02 Million |
|
Hengs Technology Co., Ltd.
TWO:4582
|
$38.01 Million |
|
Soosan Heavy I
KO:017550
|
$38.00 Million |
|
NRXBF
OTCQB:NRXBF
|
$37.98 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Touchstone Exploration Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 59,460,219 to 68,787,059, a change of 9,326,840 (15.7%).
- Net income of 8,272,000 contributed positively to equity growth.
- New share issuances of 415,000 increased equity.
- Other comprehensive income decreased equity by 816,889.
- Other factors increased equity by 1,456,729.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $8.27 Million | +12.03% |
| Share Issuances | $415.00K | +0.6% |
| Other Comprehensive Income | $-816.89K | -1.19% |
| Other Changes | $1.46 Million | +2.12% |
| Total Change | $- | 15.69% |
Book Value vs Market Value Analysis
This analysis compares Touchstone Exploration 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
- Current price-to-book ratio: 0.89x
- 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 decreased from 1.81x to 0.89x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1994-12-31 | $0.14 | $0.26 | x |
| 1995-12-31 | $0.13 | $0.26 | x |
| 1996-12-31 | $0.90 | $0.26 | x |
| 1997-12-31 | $1.11 | $0.26 | x |
| 1998-12-31 | $1.31 | $0.26 | x |
| 1999-12-31 | $1.48 | $0.26 | x |
| 2000-12-31 | $1.81 | $0.26 | x |
| 2001-12-31 | $4.30 | $0.26 | x |
| 2002-12-31 | $3.18 | $0.26 | x |
| 2003-12-31 | $4.26 | $0.26 | x |
| 2004-12-31 | $4.65 | $0.26 | x |
| 2005-12-31 | $3.41 | $0.26 | x |
| 2006-12-31 | $6.26 | $0.26 | x |
| 2007-12-31 | $10.88 | $0.26 | x |
| 2008-12-31 | $18.88 | $0.26 | x |
| 2009-12-31 | $45.43 | $0.26 | x |
| 2010-12-31 | $45.85 | $0.26 | x |
| 2011-12-31 | $46.44 | $0.26 | x |
| 2012-12-31 | $2.78 | $0.26 | x |
| 2013-12-31 | $1.61 | $0.26 | x |
| 2014-12-31 | $0.81 | $0.26 | x |
| 2015-12-31 | $0.46 | $0.26 | x |
| 2016-12-31 | $0.32 | $0.26 | x |
| 2017-12-31 | $0.32 | $0.26 | x |
| 2018-12-31 | $0.24 | $0.26 | x |
| 2019-12-31 | $0.19 | $0.26 | x |
| 2020-12-31 | $0.33 | $0.26 | x |
| 2021-12-31 | $0.31 | $0.26 | x |
| 2022-12-31 | $0.37 | $0.26 | x |
| 2023-12-31 | $0.25 | $0.26 | x |
| 2024-12-31 | $0.29 | $0.26 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Touchstone Exploration 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): 12.03%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 19.90%
- • Asset Turnover: 0.27x
- • Equity Multiplier: 2.21x
- Recent ROE (12.03%) is above the historical average (-8.96%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1994 | -10.00% | -100.00% | 0.09x | 1.10x | $-142.51K |
| 1995 | -11.11% | -200.00% | 0.02x | 2.83x | $-278.61K |
| 1996 | 0.74% | 6.25% | 0.05x | 2.15x | $-919.44K |
| 1997 | 3.78% | 7.37% | 0.26x | 2.01x | $-803.63K |
| 1998 | 9.90% | 22.79% | 0.27x | 1.63x | $-19.50K |
| 1999 | 6.54% | 11.43% | 0.28x | 2.02x | $-876.87K |
| 2000 | 16.91% | 21.18% | 0.41x | 1.93x | $2.68 Million |
| 2001 | 4.62% | 13.82% | 0.26x | 1.28x | $-3.87 Million |
| 2002 | 5.02% | 14.20% | 0.27x | 1.33x | $-3.57 Million |
| 2003 | -9.76% | -22.22% | 0.26x | 1.68x | $-22.93 Million |
| 2004 | 5.57% | 11.59% | 0.36x | 1.35x | $-5.62 Million |
| 2005 | 10.61% | 19.68% | 0.25x | 2.16x | $630.36K |
| 2006 | 9.04% | 23.29% | 0.22x | 1.75x | $-2.10 Million |
| 2007 | 18.04% | 32.52% | 0.22x | 2.54x | $36.65 Million |
| 2008 | 23.62% | 28.73% | 0.36x | 2.28x | $115.83 Million |
| 2009 | 6.33% | 13.48% | 0.19x | 2.52x | $-80.32 Million |
| 2010 | 4.72% | 11.48% | 0.16x | 2.61x | $-129.66 Million |
| 2011 | -0.33% | -0.64% | 0.17x | 2.99x | $-234.07 Million |
| 2012 | -88.82% | 0.00% | 0.00x | 1.23x | $-134.03 Million |
| 2013 | -63.40% | 0.00% | 0.00x | 1.16x | $-57.49 Million |
| 2014 | -85.73% | -133.39% | 0.30x | 2.12x | $-54.62 Million |
| 2015 | -42.06% | -60.94% | 0.36x | 1.91x | $-19.75 Million |
| 2016 | -35.47% | -53.47% | 0.27x | 2.46x | $-12.26 Million |
| 2017 | -2.48% | -2.96% | 0.35x | 2.39x | $-3.79 Million |
| 2018 | 1.15% | 1.00% | 0.42x | 2.73x | $-2.77 Million |
| 2019 | -18.66% | -14.54% | 0.45x | 2.82x | $-8.63 Million |
| 2020 | -18.27% | -56.30% | 0.19x | 1.73x | $-17.07 Million |
| 2021 | 8.47% | 19.32% | 0.21x | 2.12x | $-1.04 Million |
| 2022 | -4.08% | -7.44% | 0.29x | 1.89x | $-11.04 Million |
| 2023 | -34.64% | -56.20% | 0.26x | 2.34x | $-26.54 Million |
| 2024 | 12.03% | 19.90% | 0.27x | 2.21x | $1.39 Million |
Industry Comparison
This section compares Touchstone Exploration 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 |
|---|---|---|---|---|
| Touchstone Exploration Inc (PBEGF) | $71.60 Million | -10.00% | 2.30x | $38.03 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 |