Arkose Energy Corp
Arkose Energy Corp. specializes in the production of oil and gas. It engages in the acquisition and development of oil and gas properties, primarily in Louisiana, New Mexico, Oklahoma, Texas, and Wyoming. Arkose Energy Corp. was formerly known as CanTex Energy Corporation and changed its name to Arkose Energy Corp. in June 2014. The company was incorporated in 2002 and is headquartered in Dallas,… Read more
Arkose Energy Corp (RKOS) - Net Assets
Latest net assets as of June 2023: $1.02 Million USD
Based on the latest financial reports, Arkose Energy Corp (RKOS) has net assets worth $1.02 Million USD as of June 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($4.93 Million) and total liabilities ($3.91 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 | $1.02 Million |
| % of Total Assets | 20.72% |
| Annual Growth Rate | 10.21% |
| 5-Year Change | -36.76% |
| 10-Year Change | 168.51% |
| Growth Volatility | 78.83 |
Arkose Energy Corp - Net Assets Trend (2005–2023)
This chart illustrates how Arkose Energy 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 Arkose Energy Corp (2005–2023)
The table below shows the annual net assets of Arkose Energy Corp from 2005 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-05-31 | $1.14 Million | 0.00% |
| 2022-12-31 | $1.14 Million | -26.52% |
| 2022-05-31 | $1.56 Million | 0.00% |
| 2021-12-31 | $1.56 Million | -13.93% |
| 2021-05-31 | $1.81 Million | 0.00% |
| 2020-12-31 | $1.81 Million | +974.33% |
| 2020-05-31 | $-206.86K | 0.00% |
| 2019-12-31 | $-206.86K | -200.38% |
| 2008-12-31 | $206.08K | -51.62% |
| 2007-12-31 | $425.99K | +102.52% |
| 2005-12-31 | $210.34K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Arkose Energy 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 1508892300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (May 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $54.21K | 4.74% |
| Other Comprehensive Income | $9.75 Million | 852.23% |
| Other Components | $6.45 Million | 563.63% |
| Total Equity | $1.14 Million | 100.00% |
Arkose Energy Corp Competitors by Market Cap
The table below lists competitors of Arkose Energy Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Legacy Technology Holdings Inc
PINK:LTHO
|
$2.89 |
|
Highland Surprise Consolidated Mining Co
PINK:HSCM
|
$2.90 |
|
Eyecity.Com Inc
PINK:ICTY
|
$2.90 |
|
American Green Inc
PINK:ERBB
|
$2.91 |
|
REAC Group Inc
PINK:REAC
|
$2.87 |
|
LEHMAN BROTHERS HOLDINGS CAP TS
PINK:LEHKQ
|
$2.86 |
|
Fernhill Corp
PINK:FERN
|
$2.86 |
|
Limitless Venture
PINK:LVGI
|
$2.86 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Arkose Energy Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 1,143,793 to 1,143,793, a change of 0 (0.0%).
- Net loss of 702,944 reduced equity.
- Other factors increased equity by 702,944.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-702.94K | -61.46% |
| Other Changes | $702.94K | +61.46% |
| Total Change | $- | 0.00% |
Book Value vs Market Value Analysis
This analysis compares Arkose Energy 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
- Current price-to-book ratio: 0.01x
- 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 |
|---|---|---|---|
| 2019-12-31 | $-0.02 | $0.00 | x |
| 2020-05-31 | $-0.02 | $0.00 | x |
| 2020-12-31 | $0.09 | $0.00 | x |
| 2021-05-31 | $0.09 | $0.00 | x |
| 2021-12-31 | $0.04 | $0.00 | x |
| 2022-05-31 | $0.04 | $0.00 | x |
| 2022-12-31 | $0.02 | $0.00 | x |
| 2023-05-31 | $0.02 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Arkose Energy 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): -61.46%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -109.75%
- • Asset Turnover: 0.13x
- • Equity Multiplier: 4.34x
- Recent ROE (-61.46%) is above the historical average (-140.41%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | -7.59% | -2060.59% | 0.00x | 1.00x | $-19.39K |
| 2005 | -155.91% | -50920.96% | 0.00x | 3.00x | $-348.96K |
| 2007 | -175.63% | -4637.47% | 0.02x | 1.92x | $-790.76K |
| 2008 | -187.26% | -17060.30% | 0.00x | 2.83x | $-406.51K |
| 2019 | 0.00% | -1825.38% | 0.12x | 0.00x | $-2.59 Million |
| 2020 | 0.00% | -1825.38% | 0.12x | 0.00x | $-2.59 Million |
| 2020 | -427.56% | -5938.30% | 0.03x | 2.80x | $-7.91 Million |
| 2021 | -427.56% | -5938.30% | 0.03x | 2.80x | $-7.91 Million |
| 2021 | -90.24% | -225.92% | 0.12x | 3.31x | $-1.56 Million |
| 2022 | -90.24% | -225.92% | 0.12x | 3.31x | $-1.56 Million |
| 2022 | -61.46% | -109.75% | 0.13x | 4.34x | $-817.32K |
| 2023 | -61.46% | -109.75% | 0.13x | 4.34x | $-817.32K |
Industry Comparison
This section compares Arkose Energy 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 |
|---|---|---|---|---|
| Arkose Energy Corp (RKOS) | $1.02 Million | -7.59% | 3.83x | $2.89 |
| 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 |