Southern Cross Media Group Limited
Southern Energy Corp., together with its subsidiaries, operates as an oil and natural gas exploration and production company in Canada. The company primary focus on acquiring and developing conventional natural gas and light oil resources in the Southeast Gulf States of Mississippi, Louisiana, and East Texas. Its principal properties include Gwinville, Mechanicsburg, and Mount Olive East properti… Read more
Southern Cross Media Group Limited (SOUTF) - Net Assets
Latest net assets as of September 2025: $15.12 Million USD
Based on the latest financial reports, Southern Cross Media Group Limited (SOUTF) has net assets worth $15.12 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 ($50.63 Million) and total liabilities ($35.51 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 | $15.12 Million |
| % of Total Assets | 29.87% |
| Annual Growth Rate | 5.6% |
| 5-Year Change | 5947.06% |
| 10-Year Change | 240.9% |
| Growth Volatility | 2407.91 |
Southern Cross Media Group Limited - Net Assets Trend (2009–2024)
This chart illustrates how Southern Cross Media Group Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Southern Cross Media Group Limited (2009–2024)
The table below shows the annual net assets of Southern Cross Media Group Limited from 2009 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $14.75 Million | -42.86% |
| 2023-12-31 | $25.81 Million | -61.71% |
| 2022-12-31 | $67.40 Million | +183.05% |
| 2021-12-31 | $23.81 Million | +9663.79% |
| 2020-12-31 | $243.89K | -96.80% |
| 2019-12-31 | $7.62 Million | -45.15% |
| 2018-12-31 | $13.88 Million | +623.94% |
| 2017-12-31 | $1.92 Million | -14.44% |
| 2016-12-31 | $2.24 Million | -48.19% |
| 2015-12-31 | $4.33 Million | -36.98% |
| 2014-12-31 | $6.87 Million | +1.58% |
| 2013-12-31 | $6.76 Million | -31.83% |
| 2012-12-31 | $9.91 Million | -12.87% |
| 2011-12-31 | $11.38 Million | +15.18% |
| 2010-12-31 | $9.88 Million | +51.73% |
| 2009-12-31 | $6.51 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Southern Cross Media Group Limited'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 86774.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $80.12 Million | 543.24% |
| Other Comprehensive Income | $-336.80K | -2.28% |
| Other Components | $7.86 Million | 53.26% |
| Total Equity | $14.75 Million | 100.00% |
Southern Cross Media Group Limited Competitors by Market Cap
The table below lists competitors of Southern Cross Media Group Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mawana Sugars Limited
NSE:MAWANASUG
|
$12.23 Million |
|
Initiator Pharma A/S
ST:INIT
|
$12.23 Million |
|
Houston American Energy Corporation
NYSE MKT:HUSA
|
$12.23 Million |
|
EXA E&C Inc
KQ:054940
|
$12.23 Million |
|
ABO-Group Environment N.V.
LSE:0QXA
|
$12.22 Million |
|
Yoong Onn Corporation Bhd
KLSE:5159
|
$12.22 Million |
|
SAGA PURE ASA NK 1
F:SAT
|
$12.22 Million |
|
Heavy Minerals Ltd
AU:HVY
|
$12.22 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Southern Cross Media Group Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 25,811,000 to 14,748,222, a change of -11,062,778 (-42.9%).
- Net loss of 10,966,882 reduced equity.
- Other comprehensive income increased equity by 369,201.
- Other factors decreased equity by 465,097.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-10.97 Million | -74.36% |
| Other Comprehensive Income | $369.20K | +2.5% |
| Other Changes | $-465.10K | -3.15% |
| Total Change | $- | -42.86% |
Book Value vs Market Value Analysis
This analysis compares Southern Cross Media Group Limited'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: 0.56x
- 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 increased from 0.00x to 0.56x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | $20.48 | $0.05 | x |
| 2010-12-31 | $14.31 | $0.05 | x |
| 2011-12-31 | $12.93 | $0.05 | x |
| 2013-12-31 | $3.16 | $0.05 | x |
| 2014-12-31 | $3.01 | $0.05 | x |
| 2015-12-31 | $1.40 | $0.05 | x |
| 2016-12-31 | $0.73 | $0.05 | x |
| 2017-12-31 | $0.62 | $0.05 | x |
| 2018-12-31 | $3.68 | $0.05 | x |
| 2019-12-31 | $0.28 | $0.05 | x |
| 2020-12-31 | $0.01 | $0.05 | x |
| 2021-12-31 | $0.43 | $0.05 | x |
| 2022-12-31 | $0.55 | $0.05 | x |
| 2023-12-31 | $0.18 | $0.05 | x |
| 2024-12-31 | $0.09 | $0.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Southern Cross Media Group Limited 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): -74.36%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -89.36%
- • Asset Turnover: 0.23x
- • Equity Multiplier: 3.65x
- Recent ROE (-74.36%) is above the historical average (-280.49%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 2.76% | 239.35% | 0.01x | 1.01x | $-471.37K |
| 2010 | -17.35% | -148.78% | 0.11x | 1.10x | $-2.70 Million |
| 2011 | -23.17% | -150.90% | 0.13x | 1.17x | $-3.78 Million |
| 2013 | -39.86% | -271.21% | 0.11x | 1.32x | $-3.37 Million |
| 2014 | -8.58% | -48.91% | 0.14x | 1.24x | $-1.28 Million |
| 2015 | -35.56% | -221.28% | 0.13x | 1.28x | $-1.97 Million |
| 2016 | -100.71% | -373.08% | 0.18x | 1.49x | $-2.48 Million |
| 2017 | -25.12% | -69.75% | 0.23x | 1.55x | $-673.61K |
| 2018 | -14.25% | -163.73% | 0.03x | 2.90x | $-3.37 Million |
| 2019 | -109.30% | -56.84% | 0.39x | 4.94x | $-9.09 Million |
| 2020 | -3636.67% | -81.24% | 0.36x | 124.27x | $-8.89 Million |
| 2021 | 42.38% | 50.61% | 0.43x | 1.94x | $7.71 Million |
| 2022 | 13.80% | 20.57% | 0.46x | 1.45x | $2.56 Million |
| 2023 | -181.38% | -242.41% | 0.29x | 2.61x | $-49.40 Million |
| 2024 | -74.36% | -89.36% | 0.23x | 3.65x | $-12.44 Million |
Industry Comparison
This section compares Southern Cross Media Group Limited'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: $725,430,102
- Average return on equity (ROE) among peers: -4.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Southern Cross Media Group Limited (SOUTF) | $15.12 Million | 2.76% | 2.35x | $12.23 Million |
| Advantage Energy Ltd. (AAVVF) | $1.46 Billion | 28.18% | 0.37x | $922.80 Million |
| ADX Energy Ltd (ADXRF) | $6.43 Million | -102.77% | 0.09x | $9.58 Million |
| ARC Resources Ltd. (AETUF) | $3.67 Billion | 10.60% | 0.70x | $10.30 Billion |
| Aminex PLC (AEXFF) | $53.12 Million | -6.15% | 0.15x | $77.17 Million |
| Aker BP ASA (AKRBF) | $1.99 Billion | 2.25% | 5.25x | $6.29 Billion |
| Arkanova Energy Corporation (AKVA) | $-11.63 Million | 0.00% | 0.00x | $4.92K |
| Allied Resources Inc (ALOD) | $1.91 Million | -8.89% | 0.28x | $428.76K |
| Altex Industries Inc (ALTX) | $1.30 Million | -5.62% | 0.84x | $1.08 Million |
| Alvopetro Energy Ltd (ALVOF) | $80.73 Million | -15.39% | 0.04x | $117.02 Million |
| AMEN Properties Inc (AMEN) | $6.15 Million | 55.97% | 0.13x | $4.80 Million |