Royal Energy Resources Inc
Royal Energy Resources, Inc. produces and markets coal from surface and underground mines located in Kentucky, Ohio, Utah, and West Virginia in the United States. The company provides coal of various steam and metallurgical grades, including steam coal primarily to electric utility companies as fuel for their steam powered generators; and metallurgical coal for steel and coke producers who use it… Read more
Royal Energy Resources Inc (ROYE) - Net Assets
Latest net assets as of September 2019: $72.29 Million USD
Based on the latest financial reports, Royal Energy Resources Inc (ROYE) has net assets worth $72.29 Million USD as of September 2019.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($236.19 Million) and total liabilities ($163.90 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 | $72.29 Million |
| % of Total Assets | 30.61% |
| Annual Growth Rate | 62.91% |
| 5-Year Change | 935.19% |
| 10-Year Change | N/A |
| Growth Volatility | 173.9 |
Royal Energy Resources Inc - Net Assets Trend (2005–2018)
This chart illustrates how Royal Energy Resources 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 Royal Energy Resources Inc (2005–2018)
The table below shows the annual net assets of Royal Energy Resources Inc from 2005 to 2018.
| Year | Net Assets | Change |
|---|---|---|
| 2018-12-31 | $121.98 Million | -16.71% |
| 2017-12-31 | $146.46 Million | +124.34% |
| 2016-12-31 | $65.28 Million | +377.24% |
| 2015-12-31 | $13.68 Million | +16.09% |
| 2015-09-30 | $11.78 Million | +0.01% |
| 2015-08-31 | $11.78 Million | +7855.04% |
| 2014-12-31 | $-151.93K | +32.43% |
| 2013-12-31 | $-224.85K | -3.71% |
| 2012-12-31 | $-216.81K | -78.62% |
| 2011-12-31 | $-121.38K | -36.83% |
| 2010-12-31 | $-88.71K | -280.59% |
| 2009-12-31 | $49.12K | -84.01% |
| 2008-12-31 | $307.10K | +43.30% |
| 2005-12-31 | $214.31K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Royal Energy Resources 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 grown by 6598273400.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2018)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $65.95 Million | 60.00% |
| Common Stock | $1.00K | 0.00% |
| Other Components | $43.96 Million | 40.00% |
| Total Equity | $109.91 Million | 100.00% |
Royal Energy Resources Inc Competitors by Market Cap
The table below lists competitors of Royal Energy Resources Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cheetah Net Supply Chain Service Inc. Class A Common Stock
NASDAQ:CTNT
|
$4.58 Million |
|
Privasia Technology Bhd
KLSE:0123
|
$4.58 Million |
|
Galantas Gold Corporation
OTCQX:GALKF
|
$4.58 Million |
|
Xcel Brands Inc
NASDAQ:XELB
|
$4.58 Million |
|
0NAS
LSE:0NAS
|
$4.57 Million |
|
SM Wirtschaftsberatungs AG
XETRA:SMWN
|
$4.57 Million |
|
Ari Real Estate Arena Investment Ltd
TA:ARIN
|
$4.57 Million |
|
SPINEGUARD EO -05
F:6W5
|
$4.56 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Royal Energy Resources Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2017 to 2018, total equity changed from 122,252,000 to 109,910,000, a change of -12,342,000 (-10.1%).
- Net loss of 10,956,000 reduced equity.
- Dividend payments of 6,039,000 reduced retained earnings.
- Other comprehensive income decreased equity by 1,442,000.
- Other factors increased equity by 6,095,000.
Equity Change Factors (2017 to 2018)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-10.96 Million | -9.97% |
| Dividends Paid | $6.04 Million | -5.49% |
| Other Comprehensive Income | $-1.44 Million | -1.31% |
| Other Changes | $6.09 Million | +5.55% |
| Total Change | $- | -10.10% |
Book Value vs Market Value Analysis
This analysis compares Royal Energy Resources 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: 0.08x
- 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 |
|---|---|---|---|
| 2005-12-31 | $17.91 | $0.50 | x |
| 2006-12-31 | $14.95 | $0.50 | x |
| 2007-12-31 | $12.06 | $0.50 | x |
| 2008-12-31 | $10.45 | $0.50 | x |
| 2009-12-31 | $1.28 | $0.50 | x |
| 2010-12-31 | $-1.64 | $0.50 | x |
| 2011-12-31 | $-0.80 | $0.50 | x |
| 2012-12-31 | $-1.26 | $0.50 | x |
| 2013-12-31 | $-1.25 | $0.50 | x |
| 2014-12-31 | $-0.03 | $0.50 | x |
| 2015-12-31 | $1.32 | $0.50 | x |
| 2016-12-31 | $1.88 | $0.50 | x |
| 2017-12-31 | $7.11 | $0.50 | x |
| 2018-12-31 | $6.24 | $0.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Royal Energy Resources 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): -9.97%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4.42%
- • Asset Turnover: 0.97x
- • Equity Multiplier: 2.33x
- Recent ROE (-9.97%) is above the historical average (-232.49%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | -3.61% | 0.00% | 0.00x | 1.07x | $-29.17K |
| 2006 | -31.82% | 0.00% | 0.00x | 1.00x | $-106.22K |
| 2007 | -38.89% | -3034.75% | 0.01x | 1.00x | $-117.58K |
| 2008 | -147.89% | -3105.25% | 0.03x | 1.63x | $-484.88K |
| 2009 | -3509.18% | -39993.29% | 0.03x | 3.24x | $-1.73 Million |
| 2010 | 0.00% | -5969.20% | 0.12x | 0.00x | $-492.18K |
| 2011 | 0.00% | 0.00% | 0.00x | 0.00x | $-258.28K |
| 2012 | 0.00% | -742.66% | 1.26x | 0.00x | $-104.57K |
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | $-366.47K |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-801.81K |
| 2015 | -4.26% | -178.65% | 0.02x | 1.05x | $-1.68 Million |
| 2015 | -4.26% | -178.65% | 0.02x | 1.05x | $-1.68 Million |
| 2015 | -3.67% | -178.65% | 0.02x | 1.06x | $-1.87 Million |
| 2016 | -52.47% | -5.62% | 1.54x | 6.07x | $-17.10 Million |
| 2017 | 86.12% | 48.13% | 0.73x | 2.46x | $93.06 Million |
| 2018 | -9.97% | -4.42% | 0.97x | 2.33x | $-21.95 Million |
Industry Comparison
This section compares Royal Energy Resources Inc's net assets metrics with peer companies in the Thermal Coal industry.
Industry Context
- Industry: Thermal Coal
- Average net assets among peers: $8,744,092,304
- Average return on equity (ROE) among peers: -23.38%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Royal Energy Resources Inc (ROYE) | $72.29 Million | -3.61% | 2.27x | $4.58 Million |
| AIM Energy Inc (AEXE) | $-1.47 Million | 0.00% | 0.00x | $110.24K |
| Morien Resources Corp (APMCF) | $2.27 Million | -24.69% | 0.20x | $8.67 Million |
| Alliance Resource Partners LP (ARLP) | $-46.55 Million | 0.00% | 0.00x | $2.47 Billion |
| Peabody Energy Corp (BTU) | $2.73 Billion | -28.86% | 3.84x | $3.53 Billion |
| Consol Energy Inc (CEIX) | $551.61 Million | 27.73% | 4.00x | $2.71 Billion |
| Colombia Energy Resources Inc (CERX) | $-129.93K | 0.00% | 0.00x | $0.92 |
| Core Natural Resources, Inc. (CNR) | $553.52 Million | -1.76% | 3.56x | $4.91 Billion |
| China Shenhua Energy Co Ltd (CSUAY) | $84.21 Billion | 19.52% | 0.94x | $97.80 Billion |
| Southstone Minerals Limited (FDGMF) | $995.43K | -225.71% | 4.43x | $65.85K |
| Feishang Anthracite Resources Limited (FSHRF) | $-551.82 Million | 0.00% | 0.00x | $1.85 Million |