Red Rock Energy Inc
New Stratus Energy Inc. engages in the acquisition, exploration, and development of oil and gas properties in Mexico, Ecuador, Colombia, and Canada. The company was formerly known as Red Rock Energy Inc. and changed its name to New Stratus Energy Inc. in August 2017. The company was incorporated in 2005 and is headquartered in Calgary, Canada.
Red Rock Energy Inc (RDRIF) - Net Assets
Latest net assets as of September 2025: $-12.92 Million USD
Based on the latest financial reports, Red Rock Energy Inc (RDRIF) has net assets worth $-12.92 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 ($70.49 Million) and total liabilities ($83.40 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 | $-12.92 Million |
| % of Total Assets | -18.33% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 1102.87 |
Red Rock Energy Inc - Net Assets Trend (2019–2024)
This chart illustrates how Red Rock 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 Red Rock Energy Inc (2019–2024)
The table below shows the annual net assets of Red Rock Energy Inc from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-4.86 Million | -122.04% |
| 2023-12-31 | $22.06 Million | -22.02% |
| 2021-12-31 | $28.29 Million | +2265.91% |
| 2020-12-31 | $1.20 Million | +224.32% |
| 2019-12-31 | $-961.83K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Red Rock 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 2820764300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $41.85 Million | % |
| Total Equity | $-4.86 Million | 100.00% |
Red Rock Energy Inc Competitors by Market Cap
The table below lists competitors of Red Rock Energy Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hansae Yes24
KO:016450
|
$24.62 Million |
|
Rojukiss International Public Company Limited
BK:KISS
|
$24.62 Million |
|
Glintt Global, S.A.
LSE:0M8Z
|
$24.64 Million |
|
Hancom Lifecare Inc.
KO:372910
|
$24.64 Million |
|
Daekyo
KO:019680
|
$24.61 Million |
|
Oswal Agro Mills Limited
NSE:OSWALAGRO
|
$24.61 Million |
|
Crown Confec
KO:005740
|
$24.60 Million |
|
DAWSON GEOPHYS. DL-30
F:RVS1
|
$24.59 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Red Rock Energy Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 22,059,771 to -4,861,291, a change of -26,921,062 (-122.0%).
- Net loss of 31,664,978 reduced equity.
- Share repurchases of 99,111 reduced equity.
- Other factors increased equity by 4,843,027.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-31.66 Million | -651.37% |
| Share Repurchases | $99.11K | -2.04% |
| Other Changes | $4.84 Million | +99.62% |
| Total Change | $- | -122.04% |
Book Value vs Market Value Analysis
This analysis compares Red Rock 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $-0.02 | $0.20 | x |
| 2020-12-31 | $0.02 | $0.20 | x |
| 2021-12-31 | $0.27 | $0.20 | x |
| 2023-12-31 | $0.18 | $0.20 | x |
| 2024-12-31 | $-0.04 | $0.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Red Rock 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-18.05%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.31 Million |
| 2020 | -91.24% | 0.00% | 0.00x | 1.72x | $-1.21 Million |
| 2021 | 52.45% | 57.71% | 0.25x | 3.68x | $12.01 Million |
| 2023 | -51.45% | 0.00% | 0.00x | 2.21x | $-13.56 Million |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | $-31.18 Million |
Industry Comparison
This section compares Red Rock 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: $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 |
|---|---|---|---|---|
| Red Rock Energy Inc (RDRIF) | $-12.92 Million | 0.00% | N/A | $24.61 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 |