PetroFrontier Corp
PetroFrontier Corp. a junior energy company, engages in the exploration and production of petroleum and natural gas in western Canada. The company holds interest in Cold Lake and Wabasc properties located in Alberta, Canada. PetroFrontier Corp. is based in Calgary, Canada.
PetroFrontier Corp (PFRRF) - Net Assets
Latest net assets as of September 2024: $-3.07 Million USD
Based on the latest financial reports, PetroFrontier Corp (PFRRF) has net assets worth $-3.07 Million USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($21.07 Million) and total liabilities ($24.14 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 | $-3.07 Million |
| % of Total Assets | -14.59% |
| Annual Growth Rate | N/A |
| 5-Year Change | -108.35% |
| 10-Year Change | -108.31% |
| Growth Volatility | 46.61 |
PetroFrontier Corp - Net Assets Trend (2010–2023)
This chart illustrates how PetroFrontier 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 PetroFrontier Corp (2010–2023)
The table below shows the annual net assets of PetroFrontier Corp from 2010 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $-848.81K | -107.06% |
| 2022-12-31 | $12.02 Million | +9.84% |
| 2021-12-31 | $10.94 Million | -3.70% |
| 2020-12-31 | $11.36 Million | +11.73% |
| 2019-12-31 | $10.17 Million | -7.32% |
| 2018-12-31 | $10.97 Million | -17.01% |
| 2017-12-31 | $13.22 Million | -10.84% |
| 2016-12-31 | $14.83 Million | +54.15% |
| 2015-12-31 | $9.62 Million | -5.83% |
| 2014-12-31 | $10.21 Million | -80.06% |
| 2013-12-31 | $51.22 Million | -55.82% |
| 2012-12-31 | $115.92 Million | +4.07% |
| 2011-12-31 | $111.38 Million | +70.79% |
| 2010-12-31 | $65.22 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to PetroFrontier 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 13898010700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $135.38 Million | % |
| Other Comprehensive Income | $-5.27 Million | % |
| Other Components | $13.83 Million | % |
| Total Equity | $-848.81K | 100.00% |
PetroFrontier Corp Competitors by Market Cap
The table below lists competitors of PetroFrontier Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Danske Invest - Europa Indeks BNP
CO:DKIEUIXBNP
|
$958.28K |
|
Cowell Development Tbk
JK:COWL
|
$959.03K |
|
Novus Holdings Ltd
JSE:NVS
|
$959.18K |
|
Matachewan Consolidated Mines Limited
PINK:MWCAF
|
$959.26K |
|
Luduson G Inc
OTCQB:LDSN
|
$957.89K |
|
DataDot Technology Limited
PINK:DADTF
|
$957.26K |
|
Splash Beverage Group Inc
NYSE MKT:SBEV
|
$957.19K |
|
Boutique Newcity Public Company Limited
BK:BTNC
|
$956.92K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PetroFrontier Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 12,016,226 to -848,813, a change of -12,865,039 (-107.1%).
- Net loss of 13,536,000 reduced equity.
- Other factors increased equity by 670,961.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-13.54 Million | -1594.7% |
| Other Changes | $670.96K | +79.05% |
| Total Change | $- | -107.06% |
Book Value vs Market Value Analysis
This analysis compares PetroFrontier 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-12-31 | $3.51 | $0.03 | x |
| 2011-12-31 | $1.95 | $0.03 | x |
| 2012-12-31 | $1.69 | $0.03 | x |
| 2013-12-31 | $0.64 | $0.03 | x |
| 2014-12-31 | $0.13 | $0.03 | x |
| 2015-12-31 | $0.12 | $0.03 | x |
| 2016-12-31 | $0.13 | $0.03 | x |
| 2017-12-31 | $0.09 | $0.03 | x |
| 2018-12-31 | $0.07 | $0.03 | x |
| 2019-12-31 | $0.07 | $0.03 | x |
| 2020-12-31 | $0.06 | $0.03 | x |
| 2021-12-31 | $0.05 | $0.03 | x |
| 2022-12-31 | $0.05 | $0.03 | x |
| 2023-12-31 | $0.00 | $0.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PetroFrontier 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -359.14%
- • Asset Turnover: 0.20x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-45.49%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | -7.98% | -5212.38% | 0.00x | 1.04x | $-11.73 Million |
| 2011 | -7.48% | 0.00% | 0.00x | 1.21x | $-19.47 Million |
| 2012 | -5.76% | 0.00% | 0.00x | 1.19x | $-18.27 Million |
| 2013 | -113.59% | 0.00% | 0.00x | 1.03x | $-63.30 Million |
| 2014 | -414.04% | 0.00% | 0.00x | 1.04x | $-43.31 Million |
| 2015 | -8.52% | 0.00% | 0.00x | 1.01x | $-1.78 Million |
| 2016 | -4.78% | -56.15% | 0.06x | 1.53x | $-2.19 Million |
| 2017 | -13.33% | -32.82% | 0.25x | 1.64x | $-3.08 Million |
| 2018 | -20.88% | -64.36% | 0.18x | 1.84x | $-3.39 Million |
| 2019 | -8.11% | -28.82% | 0.15x | 1.91x | $-1.84 Million |
| 2020 | -16.44% | -152.86% | 0.05x | 2.02x | $-3.00 Million |
| 2021 | -20.76% | -73.59% | 0.12x | 2.36x | $-3.36 Million |
| 2022 | 4.82% | 7.70% | 0.28x | 2.25x | $-622.72K |
| 2023 | 0.00% | -359.14% | 0.20x | 0.00x | $-13.45 Million |
Industry Comparison
This section compares PetroFrontier 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 |
|---|---|---|---|---|
| PetroFrontier Corp (PFRRF) | $-3.07 Million | -7.98% | N/A | $958.11K |
| 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 |