Razor Energy Corp
Razor Energy Corp. engages in the acquisition, exploration, development, and production of oil and natural gas properties in western Canada. The Company produces primarily light oil, natural gas, and natural gas liquids in Alberta. It operates assets in the Swan Hills area covering 155,520 gross acres of total land and the Kaybob area covering 84,320 gross acres of total land located in the west … Read more
Razor Energy Corp (RZREF) - Net Assets
Latest net assets as of September 2023: $368.00K USD
Based on the latest financial reports, Razor Energy Corp (RZREF) has net assets worth $368.00K USD as of September 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($166.33 Million) and total liabilities ($165.96 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 | $368.00K |
| % of Total Assets | 0.22% |
| Annual Growth Rate | N/A |
| 5-Year Change | -459.86% |
| 10-Year Change | N/A |
| Growth Volatility | 17873.17 |
Razor Energy Corp - Net Assets Trend (2011–2022)
This chart illustrates how Razor 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 Razor Energy Corp (2011–2022)
The table below shows the annual net assets of Razor Energy Corp from 2011 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | $-52.60 Million | -51.27% |
| 2021-12-31 | $-34.77 Million | +36.33% |
| 2020-12-31 | $-54.61 Million | -570.06% |
| 2019-12-31 | $-8.15 Million | -155.76% |
| 2018-12-31 | $14.62 Million | -0.52% |
| 2017-12-31 | $14.69 Million | +51007.86% |
| 2016-12-31 | $28.75K | -77.13% |
| 2015-12-31 | $125.70K | -35.05% |
| 2014-12-31 | $193.54K | +750.64% |
| 2013-12-31 | $-29.75K | -112.98% |
| 2012-12-31 | $229.17K | -31.28% |
| 2011-12-31 | $333.51K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Razor 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 8752496400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $33.70 Million | % |
| Other Components | $1.43 Million | % |
| Total Equity | $-52.60 Million | 100.00% |
Razor Energy Corp Competitors by Market Cap
The table below lists competitors of Razor Energy Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
COMBA TELECOM SYST
MU:COA1
|
$1.99K |
|
MLAS3F
SA:MLAS3F
|
$1.99K |
|
Mandviwala Mausar Plastic Industries Ltd
KAR:MWMP
|
$1.99K |
|
Concepcion Industrial Corp
PSE:CIC
|
$1.99K |
|
Granite Broadcasting Corporation
OTCGREY:GRRP
|
$1.99K |
|
The Mission Group plc
LSE:TMG
|
$1.99K |
|
Century Insurance Company Ltd
KAR:CENI
|
$1.98K |
|
An Phat Yen Bai Mineral & Plastic JSC
VN:HII
|
$1.98K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Razor Energy Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from -34,771,000 to -52,597,000, a change of -17,826,000.
- Net loss of 22,620,000 reduced equity.
- New share issuances of 5,000,000 increased equity.
- Other comprehensive income decreased equity by 29,358,000.
- Other factors increased equity by 29,152,000.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-22.62 Million | -43.01% |
| Share Issuances | $5.00 Million | +9.51% |
| Other Comprehensive Income | $-29.36 Million | -55.82% |
| Other Changes | $29.15 Million | +55.43% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Razor 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | $17.81 | $0.00 | x |
| 2012-12-31 | $1.58 | $0.00 | x |
| 2013-12-31 | $-0.16 | $0.00 | x |
| 2014-12-31 | $0.83 | $0.00 | x |
| 2015-12-31 | $0.58 | $0.00 | x |
| 2016-12-31 | $0.01 | $0.00 | x |
| 2017-12-31 | $0.92 | $0.00 | x |
| 2018-12-31 | $0.80 | $0.00 | x |
| 2019-12-31 | $-0.41 | $0.00 | x |
| 2020-12-31 | $-2.23 | $0.00 | x |
| 2021-12-31 | $-1.55 | $0.00 | x |
| 2022-12-31 | $-2.05 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Razor 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -14.93%
- • Asset Turnover: 0.75x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-37.79%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | -55.30% | 0.00% | 0.00x | 1.26x | $-217.79K |
| 2012 | -47.54% | 0.00% | 0.00x | 1.23x | $-131.86K |
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | $-255.94K |
| 2014 | 36.42% | 0.00% | 0.00x | 1.05x | $51.13K |
| 2015 | -53.97% | 0.00% | 0.00x | 1.26x | $-80.41K |
| 2016 | -337.22% | 0.00% | 0.00x | 1.40x | $-99.82K |
| 2017 | -24.84% | -5.51% | 0.49x | 9.11x | $-5.12 Million |
| 2018 | 29.00% | 3.45% | 0.78x | 10.81x | $2.78 Million |
| 2019 | 0.00% | -29.52% | 0.53x | 0.00x | $-28.76 Million |
| 2020 | 0.00% | -87.25% | 0.32x | 0.00x | $-40.74 Million |
| 2021 | 0.00% | 21.76% | 0.34x | 0.00x | $21.22 Million |
| 2022 | 0.00% | -14.93% | 0.75x | 0.00x | $-17.36 Million |
Industry Comparison
This section compares Razor 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 |
|---|---|---|---|---|
| Razor Energy Corp (RZREF) | $368.00K | -55.30% | 450.99x | $1.99K |
| 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 |