Ratio Oil Exploration (1992) Limited Partnership
Ratio Energies - Limited Partnership explores, develops, and produces oil and natural gas in Israel. It has operations in Leviathan project. The company was formerly known as Ratio Oil Explorations (1992) " Limited Partnership and changed its name into Ratio Energies - Limited Partnership. The company was founded in 1992 and is headquartered in Tel Aviv-Yafo, Israel.
Ratio Oil Exploration (1992) Limited Partnership (RTEXF) - Net Assets
Latest net assets as of September 2025: $465.92 Million USD
Based on the latest financial reports, Ratio Oil Exploration (1992) Limited Partnership (RTEXF) has net assets worth $465.92 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 ($1.16 Billion) and total liabilities ($691.02 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 | $465.92 Million |
| % of Total Assets | 40.27% |
| Annual Growth Rate | 14.31% |
| 5-Year Change | 186.6% |
| 10-Year Change | N/A |
| Growth Volatility | 23.06 |
Ratio Oil Exploration (1992) Limited Partnership - Net Assets Trend (2014–2024)
This chart illustrates how Ratio Oil Exploration (1992) Limited Partnership's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Ratio Oil Exploration (1992) Limited Partnership (2014–2024)
The table below shows the annual net assets of Ratio Oil Exploration (1992) Limited Partnership from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $503.16 Million | +18.75% |
| 2023-12-31 | $423.71 Million | +20.59% |
| 2022-12-31 | $351.36 Million | +55.31% |
| 2021-12-31 | $226.24 Million | +28.87% |
| 2020-12-31 | $175.56 Million | +4.14% |
| 2019-12-31 | $168.59 Million | +32.26% |
| 2017-12-31 | $127.47 Million | -27.21% |
| 2016-12-31 | $175.12 Million | +37.26% |
| 2015-12-31 | $127.58 Million | -3.43% |
| 2014-12-31 | $132.11 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ratio Oil Exploration (1992) Limited Partnership'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 25710800000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $183.19 Million | 36.41% |
| Common Stock | $318.86 Million | 63.37% |
| Other Components | $1.10 Million | 0.22% |
| Total Equity | $503.16 Million | 100.00% |
Ratio Oil Exploration (1992) Limited Partnership Competitors by Market Cap
The table below lists competitors of Ratio Oil Exploration (1992) Limited Partnership ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Gansu Engineering Consulting Group Co Ltd
SHE:000779
|
$300.46 Million |
|
EPL Limited
NSE:EPL
|
$300.54 Million |
|
Oriental Holdings Bhd
KLSE:4006
|
$300.55 Million |
|
Mega First Corporation Bhd
KLSE:3069
|
$300.74 Million |
|
United Orthopedic
TWO:4129
|
$300.33 Million |
|
BGRIMM Science and Technology Co Ltd
SHG:600980
|
$300.27 Million |
|
Caleres Inc
NYSE:CAL
|
$300.19 Million |
|
Ningxia Xinri Hengli Steel Wire Rope Co Ltd
SHG:600165
|
$300.17 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ratio Oil Exploration (1992) Limited Partnership's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 423,712,000 to 503,158,000, a change of 79,446,000 (18.8%).
- Net income of 139,444,000 contributed positively to equity growth.
- Dividend payments of 59,998,000 reduced retained earnings.
- Other comprehensive income decreased equity by 1,101,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $139.44 Million | +27.71% |
| Dividends Paid | $60.00 Million | -11.92% |
| Other Comprehensive Income | $-1.10 Million | -0.22% |
| Other Changes | $1.10 Million | +0.22% |
| Total Change | $- | 18.75% |
Book Value vs Market Value Analysis
This analysis compares Ratio Oil Exploration (1992) Limited Partnership'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: 0.78x
- 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.
- The price-to-book ratio has decreased from 2.33x to 0.78x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $0.15 | $0.35 | x |
| 2020-12-31 | $0.16 | $0.35 | x |
| 2021-12-31 | $0.20 | $0.35 | x |
| 2022-12-31 | $0.31 | $0.35 | x |
| 2023-12-31 | $0.38 | $0.35 | x |
| 2024-12-31 | $0.45 | $0.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ratio Oil Exploration (1992) Limited Partnership 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): 27.71%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 37.10%
- • Asset Turnover: 0.32x
- • Equity Multiplier: 2.36x
- Recent ROE (27.71%) is above the historical average (8.26%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -6.16% | 0.00% | 0.00x | 1.75x | $-21.34 Million |
| 2015 | -3.55% | 0.00% | 0.00x | 1.75x | $-17.29 Million |
| 2016 | -4.43% | 0.00% | 0.00x | 2.48x | $-25.27 Million |
| 2017 | -38.28% | 0.00% | 0.00x | 4.72x | $-61.54 Million |
| 2019 | -3.38% | 0.00% | 0.00x | 6.33x | $-22.56 Million |
| 2020 | 3.96% | 3.99% | 0.16x | 6.24x | $-10.61 Million |
| 2021 | 34.23% | 30.47% | 0.22x | 5.07x | $54.82 Million |
| 2022 | 42.57% | 48.64% | 0.27x | 3.19x | $114.41 Million |
| 2023 | 29.93% | 41.56% | 0.26x | 2.75x | $84.45 Million |
| 2024 | 27.71% | 37.10% | 0.32x | 2.36x | $89.13 Million |
Industry Comparison
This section compares Ratio Oil Exploration (1992) Limited Partnership'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 |
|---|---|---|---|---|
| Ratio Oil Exploration (1992) Limited Partnership (RTEXF) | $465.92 Million | -6.16% | 1.48x | $300.40 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 |