Petroteq Energy Inc
Petroteq Energy Inc., through its subsidiaries, engages in the oil sands mining and processing operations in the United States. The company was formerly known as MCW Energy Group Limited and changed its name to Petroteq Energy Inc. in May 2017. Petroteq Energy Inc. was founded in 2010 and is based in Sherman Oaks, California.
Petroteq Energy Inc (PQEFF) - Net Assets
Latest net assets as of May 2022: $70.61 Million USD
Based on the latest financial reports, Petroteq Energy Inc (PQEFF) has net assets worth $70.61 Million USD as of May 2022.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($81.15 Million) and total liabilities ($10.54 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 | $70.61 Million |
| % of Total Assets | 87.01% |
| Annual Growth Rate | 68.33% |
| 5-Year Change | 200.45% |
| 10-Year Change | 14740.71% |
| Growth Volatility | 287.55 |
Petroteq Energy Inc - Net Assets Trend (2008–2021)
This chart illustrates how Petroteq 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 Petroteq Energy Inc (2008–2021)
The table below shows the annual net assets of Petroteq Energy Inc from 2008 to 2021.
| Year | Net Assets | Change |
|---|---|---|
| 2021-08-31 | $66.15 Million | +22.21% |
| 2020-08-31 | $54.13 Million | -6.38% |
| 2019-08-31 | $57.82 Million | +75.58% |
| 2018-08-31 | $32.93 Million | +49.56% |
| 2017-08-31 | $22.02 Million | +131.68% |
| 2016-08-31 | $9.50 Million | +56.22% |
| 2015-08-31 | $6.08 Million | +248.51% |
| 2014-08-31 | $-4.10 Million | -426.58% |
| 2013-08-31 | $1.25 Million | +181.39% |
| 2012-08-31 | $445.75K | -49.98% |
| 2011-08-31 | $891.11K | +772.11% |
| 2010-08-31 | $102.18K | +167.19% |
| 2009-08-31 | $-152.08K | -300.14% |
| 2008-08-31 | $75.99K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Petroteq 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 decreased by 9990326491.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (August 2021)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $166.29 Million | 251.37% |
| Total Equity | $66.15 Million | 100.00% |
Petroteq Energy Inc Competitors by Market Cap
The table below lists competitors of Petroteq Energy Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Runway Growth Finance Corp
NASDAQ:RWAY
|
$65.51K |
|
UNITE GROUP
BE:U1B
|
$65.55K |
|
Metaverse Capital Corp
PINK:GBCHF
|
$65.55K |
|
Altina Capital Corp
V:ALTN-P
|
$65.59K |
|
POWER ASSETS (HEH.SG)
STU:HEH
|
$65.49K |
|
Blackrock Innovation & Growth Trust
NYSE:BIGZ
|
$65.48K |
|
The City of London Investment Trust plc
F:CLN
|
$65.46K |
|
Ismail Industries Limited
KAR:ISIL
|
$65.42K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Petroteq Energy Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2020 to 2021, total equity changed from 54,129,654 to 66,152,925, a change of 12,023,271 (22.2%).
- Net loss of 9,474,243 reduced equity.
- New share issuances of 3,496,949 increased equity.
- Other comprehensive income increased equity by 2,484,233.
- Other factors increased equity by 15,516,332.
Equity Change Factors (2020 to 2021)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-9.47 Million | -14.32% |
| Share Issuances | $3.50 Million | +5.29% |
| Other Comprehensive Income | $2.48 Million | +3.76% |
| Other Changes | $15.52 Million | +23.46% |
| Total Change | $- | 22.21% |
Book Value vs Market Value Analysis
This analysis compares Petroteq 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
- Current price-to-book ratio: 0.00x
- 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 |
|---|---|---|---|
| 2008-08-31 | $5.90 | $0.00 | x |
| 2009-08-31 | $2.28 | $0.00 | x |
| 2010-08-31 | $6.86 | $0.00 | x |
| 2011-08-31 | $-0.68 | $0.00 | x |
| 2012-08-31 | $-16.16 | $0.00 | x |
| 2013-08-31 | $-0.17 | $0.00 | x |
| 2014-08-31 | $-2.84 | $0.00 | x |
| 2015-08-31 | $3.52 | $0.00 | x |
| 2016-08-31 | $2.99 | $0.00 | x |
| 2017-08-31 | $1.82 | $0.00 | x |
| 2018-08-31 | $0.51 | $0.00 | x |
| 2019-08-31 | $0.51 | $0.00 | x |
| 2020-08-31 | $0.27 | $0.00 | x |
| 2021-08-31 | $0.16 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Petroteq 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): -14.32%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -473.71%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 1.22x
- Recent ROE (-14.32%) is above the historical average (-69.67%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | -0.06% | 0.00% | 0.00x | 0.74x | $-19.80K |
| 2009 | -215.87% | -0.09% | 3466.01x | 0.72x | $-171.63K |
| 2010 | -478.15% | -0.20% | 1587.02x | 1.49x | $-498.79K |
| 2011 | 0.00% | -1.67% | 18.09x | 0.00x | $-6.01 Million |
| 2012 | 0.00% | -1.67% | 18.50x | 0.00x | $-6.01 Million |
| 2013 | 0.00% | -2.58% | 16.18x | 0.00x | $-11.11 Million |
| 2014 | 0.00% | -1.96% | 14.67x | 0.00x | $-8.45 Million |
| 2015 | 7.71% | 3577.07% | 0.00x | 5.00x | $-139.16K |
| 2016 | -142.59% | -5897.64% | 0.01x | 3.69x | $-12.92 Million |
| 2017 | -36.06% | 0.00% | 0.00x | 1.31x | $-10.14 Million |
| 2018 | -45.89% | -33832.93% | 0.00x | 1.19x | $-18.41 Million |
| 2019 | -27.31% | -26608.05% | 0.00x | 1.26x | $-21.57 Million |
| 2020 | -22.87% | -4256.77% | 0.00x | 1.36x | $-17.79 Million |
| 2021 | -14.32% | -473.71% | 0.02x | 1.22x | $-16.09 Million |
Industry Comparison
This section compares Petroteq 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: $725,430,102
- Average return on equity (ROE) among peers: -4.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Petroteq Energy Inc (PQEFF) | $70.61 Million | -0.06% | 0.15x | $65.50K |
| Advantage Energy Ltd. (AAVVF) | $1.46 Billion | 28.18% | 0.37x | $922.80 Million |
| ADX Energy Ltd (ADXRF) | $6.43 Million | -102.77% | 0.09x | $9.58 Million |
| ARC Resources Ltd. (AETUF) | $3.67 Billion | 10.60% | 0.70x | $10.30 Billion |
| Aminex PLC (AEXFF) | $53.12 Million | -6.15% | 0.15x | $77.17 Million |
| Aker BP ASA (AKRBF) | $1.99 Billion | 2.25% | 5.25x | $6.29 Billion |
| Arkanova Energy Corporation (AKVA) | $-11.63 Million | 0.00% | 0.00x | $4.92K |
| Allied Resources Inc (ALOD) | $1.91 Million | -8.89% | 0.28x | $428.76K |
| Altex Industries Inc (ALTX) | $1.30 Million | -5.62% | 0.84x | $1.08 Million |
| Alvopetro Energy Ltd (ALVOF) | $80.73 Million | -15.39% | 0.04x | $117.02 Million |
| AMEN Properties Inc (AMEN) | $6.15 Million | 55.97% | 0.13x | $4.80 Million |