Shoal Point Energy Ltd
Shoal Point Energy Ltd. engages in the acquisition, exploration, and development of oil and natural gas properties in Canada. The company holds interest in the Humber Arm Allochthon project covering approximately 220,000 acres located in the near offshore of the west coast of Newfoundland, Canada. Shoal Point Energy Ltd. was incorporated in 2006 and is headquartered in Vancouver, Canada.
Shoal Point Energy Ltd (SHPNF) - Net Assets
Latest net assets as of October 2024: $-680.21K USD
Based on the latest financial reports, Shoal Point Energy Ltd (SHPNF) has net assets worth $-680.21K USD as of October 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($97.24K) and total liabilities ($777.45K). 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 | $-680.21K |
| % of Total Assets | -699.51% |
| Annual Growth Rate | N/A |
| 5-Year Change | -157.61% |
| 10-Year Change | -107.48% |
| Growth Volatility | 1461.64 |
Shoal Point Energy Ltd - Net Assets Trend (2009–2024)
This chart illustrates how Shoal Point Energy Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Shoal Point Energy Ltd (2009–2024)
The table below shows the annual net assets of Shoal Point Energy Ltd from 2009 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-01-31 | $-633.75K | -69.80% |
| 2023-01-31 | $-373.23K | -239.42% |
| 2022-01-31 | $-109.96K | -108.99% |
| 2021-01-31 | $1.22 Million | +11.12% |
| 2020-01-31 | $1.10 Million | -59.08% |
| 2019-01-31 | $2.69 Million | +32.59% |
| 2018-01-31 | $2.03 Million | -74.92% |
| 2017-01-31 | $8.09 Million | -4.61% |
| 2016-01-31 | $8.48 Million | +0.04% |
| 2015-01-31 | $8.47 Million | -7.36% |
| 2014-01-31 | $9.15 Million | -77.84% |
| 2013-01-31 | $41.29 Million | +42.81% |
| 2012-01-31 | $28.91 Million | +267.78% |
| 2011-01-31 | $7.86 Million | +5471.95% |
| 2010-01-31 | $141.07K | -56.35% |
| 2009-01-31 | $323.17K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shoal Point Energy Ltd'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 8029226400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (January 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $63.42 Million | % |
| Other Comprehensive Income | $-41.91K | % |
| Other Components | $17.06 Million | % |
| Total Equity | $-633.75K | 100.00% |
Shoal Point Energy Ltd Competitors by Market Cap
The table below lists competitors of Shoal Point Energy Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lottery.com, Inc. Warrants
NASDAQ:LTRYW
|
$278.66K |
|
Seach Medical Group Ltd
TA:SEMG
|
$278.78K |
|
UNITED INTERNET N - Dusseldorf Stock Exchang
DU:UTDI
|
$278.92K |
|
CannAssist International Corp
OTCQB:XESP
|
$279.11K |
|
CAQ Holdings Ltd
AU:CAQ
|
$278.52K |
|
Sunindo Adipersada Tbk Pt
JK:TOYS
|
$278.27K |
|
Comjoyful International Company
PINK:KJFI
|
$278.20K |
|
Able View Global Inc. Warrant
NASDAQ:ABLVW
|
$277.93K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shoal Point Energy Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -373,228 to -633,746, a change of -260,518.
- Net loss of 599,508 reduced equity.
- New share issuances of 277,500 increased equity.
- Other comprehensive income decreased equity by 1,318.
- Other factors increased equity by 62,808.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-599.51K | -94.6% |
| Share Issuances | $277.50K | +43.79% |
| Other Comprehensive Income | $-1.32K | -0.21% |
| Other Changes | $62.81K | +9.91% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Shoal Point Energy Ltd'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 |
|---|---|---|---|
| 2009-01-31 | $2.90 | $0.01 | x |
| 2010-01-31 | $0.11 | $0.01 | x |
| 2011-01-31 | $5.86 | $0.01 | x |
| 2012-01-31 | $7.78 | $0.01 | x |
| 2013-01-31 | $7.49 | $0.01 | x |
| 2014-01-31 | $1.09 | $0.01 | x |
| 2015-01-31 | $0.90 | $0.01 | x |
| 2016-01-31 | $0.84 | $0.01 | x |
| 2017-01-31 | $0.74 | $0.01 | x |
| 2018-01-31 | $0.19 | $0.01 | x |
| 2019-01-31 | $0.26 | $0.01 | x |
| 2020-01-31 | $0.04 | $0.01 | x |
| 2021-01-31 | $0.04 | $0.01 | x |
| 2022-01-31 | $0.00 | $0.01 | x |
| 2023-01-31 | $-0.01 | $0.01 | x |
| 2024-01-31 | $-0.03 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shoal Point Energy Ltd 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: -1955.98%
- • Asset Turnover: 0.20x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-76.05%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 11.65% | 51.89% | 0.19x | 1.17x | $5.34K |
| 2010 | -118.55% | -2411.59% | 0.02x | 2.78x | $-181.35K |
| 2011 | -44.11% | 0.00% | 0.00x | 1.14x | $-4.25 Million |
| 2012 | -6.52% | 0.00% | 0.00x | 1.08x | $-4.78 Million |
| 2013 | -5.08% | 0.00% | 0.00x | 1.09x | $-6.23 Million |
| 2014 | -411.77% | 0.00% | 0.00x | 1.03x | $-38.58 Million |
| 2015 | -11.44% | 0.00% | 0.00x | 1.03x | $-1.82 Million |
| 2016 | -5.47% | 0.00% | 0.00x | 1.01x | $-1.31 Million |
| 2017 | -5.30% | 0.00% | 0.00x | 1.00x | $-1.24 Million |
| 2018 | -298.82% | 0.00% | 0.00x | 1.03x | $-6.26 Million |
| 2019 | -18.44% | 0.00% | 0.00x | 1.01x | $-764.72K |
| 2020 | -276.24% | 0.00% | 0.00x | 1.34x | $-3.15 Million |
| 2021 | -26.71% | 0.00% | 0.00x | 1.12x | $-448.72K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.99 Million |
| 2023 | 0.00% | -1875.37% | 0.37x | 0.00x | $-874.37K |
| 2024 | 0.00% | -1955.98% | 0.20x | 0.00x | $-536.13K |
Industry Comparison
This section compares Shoal Point Energy Ltd'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 |
|---|---|---|---|---|
| Shoal Point Energy Ltd (SHPNF) | $-680.21K | 11.65% | N/A | $278.66K |
| 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 |