Quantafuel ASA
Quantafuel ASA, a technology-based energy company engages in converting plastic waste to low-carbon synthetic oil products replacing virgin oil products in Norway. It also develops, constructs, owns, and operates plastic-to liquid plants and plastic sorting/recycling facilities. Quantafuel ASA was founded in 2014 and is headquartered in Oslo, Norway. As of May 5, 2023, Quantafuel ASA operates as … Read more
Quantafuel ASA (QNTFF) - Net Assets
Latest net assets as of September 2023: $816.78 Million USD
Based on the latest financial reports, Quantafuel ASA (QNTFF) has net assets worth $816.78 Million USD as of September 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.58 Billion) and total liabilities ($763.39 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 | $816.78 Million |
| % of Total Assets | 51.69% |
| Annual Growth Rate | 118.94% |
| 5-Year Change | 901.41% |
| 10-Year Change | N/A |
| Growth Volatility | 193.24 |
Quantafuel ASA - Net Assets Trend (2016–2022)
This chart illustrates how Quantafuel ASA's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Quantafuel ASA (2016–2022)
The table below shows the annual net assets of Quantafuel ASA from 2016 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | $1.08 Billion | +0.93% |
| 2021-12-31 | $1.07 Billion | +63.38% |
| 2020-12-31 | $653.99 Million | +135.17% |
| 2019-12-31 | $278.09 Million | +158.22% |
| 2018-12-31 | $107.69 Million | +501.88% |
| 2017-12-31 | $-26.80 Million | -373.41% |
| 2016-12-31 | $9.80 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Quantafuel ASA'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 121019407800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.66 Million | 0.15% |
| Other Comprehensive Income | $2.32 Billion | 215.10% |
| Total Equity | $1.08 Billion | 100.00% |
Quantafuel ASA Competitors by Market Cap
The table below lists competitors of Quantafuel ASA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tatry Mountain Resorts a.s.
PR:TMR
|
$80.55 Million |
|
Genelux Corporation Common Stock
NASDAQ:GNLX
|
$80.59 Million |
|
Shenzhen CAU Technology Co Ltd
SHE:000004
|
$80.66 Million |
|
Keding Enterprises Co Ltd
TW:6655
|
$80.67 Million |
|
Nivika Fastigheter AB Series B
ST:NIVI-B
|
$80.50 Million |
|
Neo Technical System Co. Ltd
KQ:085910
|
$80.50 Million |
|
Omada Health, Inc. Common Stock
NASDAQ:OMDA
|
$80.49 Million |
|
Outbrain Inc
NASDAQ:OB
|
$80.45 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Quantafuel ASA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 1,068,479,000 to 1,078,467,000, a change of 9,988,000 (0.9%).
- Net loss of 384,439,000 reduced equity.
- New share issuances of 404,544,000 increased equity.
- Other comprehensive income increased equity by 411,793,000.
- Other factors decreased equity by 421,910,000.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-384.44 Million | -35.65% |
| Share Issuances | $404.54 Million | +37.51% |
| Other Comprehensive Income | $411.79 Million | +38.18% |
| Other Changes | $-421.91 Million | -39.12% |
| Total Change | $- | 0.93% |
Book Value vs Market Value Analysis
This analysis compares Quantafuel ASA'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: 0.08x
- 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 |
|---|---|---|---|
| 2017-12-31 | $-0.24 | $0.50 | x |
| 2018-12-31 | $0.83 | $0.50 | x |
| 2019-12-31 | $1.89 | $0.50 | x |
| 2020-12-31 | $4.78 | $0.50 | x |
| 2021-12-31 | $7.62 | $0.50 | x |
| 2022-12-31 | $6.59 | $0.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Quantafuel ASA 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): -35.65%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -719.34%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 1.37x
- Recent ROE (-35.65%) is above the historical average (-82.71%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -280.85% | -2641.72% | 0.04x | 2.41x | $-28.51 Million |
| 2017 | 0.00% | -1488.36% | 0.06x | 0.00x | $-29.88 Million |
| 2018 | -103.31% | -42742.41% | 0.00x | 2.20x | $-105.01 Million |
| 2019 | -72.01% | -30615.09% | 0.00x | 2.83x | $-173.29 Million |
| 2020 | -86.80% | -5922.25% | 0.01x | 2.62x | $-553.93 Million |
| 2021 | -0.36% | -75.24% | 0.00x | 1.40x | $-110.73 Million |
| 2022 | -35.65% | -719.34% | 0.04x | 1.37x | $-492.29 Million |
Industry Comparison
This section compares Quantafuel ASA's net assets metrics with peer companies in the Waste Management industry.
Industry Context
- Industry: Waste Management
- Average net assets among peers: $106,965,087
- Average return on equity (ROE) among peers: -26.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Quantafuel ASA (QNTFF) | $816.78 Million | -280.85% | 0.93x | $80.52 Million |
| American Battery Technology Company Common Stock (ABAT) | $-518.99K | 0.00% | 0.00x | $409.20 Million |
| Agilyx AS (AGXXF) | $7.06 Million | -311.75% | 2.48x | $152.59 Million |
| Ambipar Emergency Response (AMBI) | $65.12 Million | 0.00% | 2.26x | $5.74 Million |
| Anaergia Inc (ANRGF) | $7.17 Million | 121.67% | 44.10x | $20.51 Million |
| Aqua Metals Inc (AQMS) | $49.59 Million | -90.33% | 0.40x | $12.07 Million |
| Avalon Holdings Corporation (AWX) | $54.20 Million | 2.21% | 0.23x | $4.90 Million |
| BacTech Environmental Corporation (BCCEF) | $-2.80 Million | 0.00% | 0.00x | $7.36 Million |
| Befesa S.A (BFSAF) | $877.36 Million | 6.61% | 1.22x | $1.39 Billion |
| BluMetric Environmental Inc. (BLMWF) | $6.08 Million | 7.76% | 1.55x | $27.18 Million |
| BQE Water Inc (BTQNF) | $6.41 Million | 3.77% | 0.31x | $25.45 Million |