Sterling Energy Resources Incorporated
Sterling Energy Resources Incorporated engages in the acquisition, development, and production of oil and natural gas in the continental United States. It holds interests in the Permian Basin of Texas; Forest City Basin of Kansas; and the Sacramento and San Joaquin Basins of California. The company is headquartered in Overland Park, Kansas.
Sterling Energy Resources Incorporated (SGER) - Net Assets
Latest net assets as of September 2008: $6.68 Million USD
Based on the latest financial reports, Sterling Energy Resources Incorporated (SGER) has net assets worth $6.68 Million USD as of September 2008.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($10.95 Million) and total liabilities ($4.27 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 | $6.68 Million |
| % of Total Assets | 60.97% |
| Annual Growth Rate | -0.22% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Sterling Energy Resources Incorporated - Net Assets Trend (2006–2007)
This chart illustrates how Sterling Energy Resources Incorporated's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Sterling Energy Resources Incorporated (2006–2007)
The table below shows the annual net assets of Sterling Energy Resources Incorporated from 2006 to 2007.
| Year | Net Assets | Change |
|---|---|---|
| 2007-12-31 | $6.53 Million | -0.22% |
| 2006-12-31 | $6.55 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sterling Energy Resources Incorporated'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 647700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2007)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $9.85 Million | 150.82% |
| Total Equity | $6.53 Million | 100.00% |
Sterling Energy Resources Incorporated Competitors by Market Cap
The table below lists competitors of Sterling Energy Resources Incorporated ranked by their market capitalization.
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sterling Energy Resources Incorporated's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2006 to 2007, total equity changed from 6,546,989 to 6,532,349, a change of -14,640 (-0.2%).
- Net loss of 6,477 reduced equity.
- Share repurchases of 8,163 reduced equity.
Equity Change Factors (2006 to 2007)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-6.48K | -0.1% |
| Share Repurchases | $8.16K | -0.12% |
| Total Change | $- | -0.22% |
Book Value vs Market Value Analysis
This analysis compares Sterling Energy Resources Incorporated'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: 0.00x
- 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 |
|---|---|---|---|
| 2006-12-31 | $0.00 | $0.00 | x |
| 2007-12-31 | $0.53 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sterling Energy Resources Incorporated 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): -0.10%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.23%
- • Asset Turnover: 0.22x
- • Equity Multiplier: 1.93x
- Recent ROE (-0.10%) is below the historical average (0.57%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 1.24% | 3.67% | 0.33x | 1.01x | $-573.78K |
| 2007 | -0.10% | -0.23% | 0.22x | 1.93x | $-659.71K |
Industry Comparison
This section compares Sterling Energy Resources Incorporated'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 |
|---|---|---|---|---|
| Sterling Energy Resources Incorporated (SGER) | $6.68 Million | 1.24% | 0.64x | $2.96 |
| 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 |