Sunshine Oilsands Ltd
Sunshine Oilsands Ltd. engages in the evaluation and development of oil properties to produce crude oil products in the Athabasca oil sands region in Alberta, Canada. Its portfolio of oil sands leases consists of three asset categories, including cretaceous sandstone, carbonates, and conventional heavy oil. The company's principal operating regions in the Athabasca area include West Ells, Thickwo… Read more
Sunshine Oilsands Ltd (SUNYF) - Net Assets
Latest net assets as of September 2025: $29.52 Million USD
Based on the latest financial reports, Sunshine Oilsands Ltd (SUNYF) has net assets worth $29.52 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 ($738.44 Million) and total liabilities ($708.92 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 | $29.52 Million |
| % of Total Assets | 4.0% |
| Annual Growth Rate | -16.83% |
| 5-Year Change | -89.82% |
| 10-Year Change | -97.21% |
| Growth Volatility | 133.2 |
Sunshine Oilsands Ltd - Net Assets Trend (2010–2024)
This chart illustrates how Sunshine Oilsands 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 Sunshine Oilsands Ltd (2010–2024)
The table below shows the annual net assets of Sunshine Oilsands Ltd from 2010 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $16.85 Million | -81.50% |
| 2023-12-31 | $91.05 Million | -17.24% |
| 2022-12-31 | $110.01 Million | -37.62% |
| 2021-12-31 | $176.37 Million | +6.62% |
| 2020-12-31 | $165.42 Million | -5.88% |
| 2019-12-31 | $175.75 Million | -30.24% |
| 2018-12-31 | $251.95 Million | -29.34% |
| 2017-12-31 | $356.57 Million | -41.30% |
| 2016-12-31 | $607.46 Million | +0.56% |
| 2015-12-31 | $604.10 Million | -37.85% |
| 2014-12-31 | $972.02 Million | +10.33% |
| 2013-12-31 | $880.97 Million | +1.14% |
| 2012-12-31 | $871.08 Million | +486.25% |
| 2011-12-31 | $148.59 Million | -33.20% |
| 2010-12-31 | $222.43 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sunshine Oilsands 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 135016371200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.32 Billion | 7149.65% |
| Other Comprehensive Income | $69.66 Million | 377.70% |
| Total Equity | $18.44 Million | 100.00% |
Sunshine Oilsands Ltd Competitors by Market Cap
The table below lists competitors of Sunshine Oilsands Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Yoo Sung Ent
KO:002920
|
$17.62 Million |
|
Aptamer Sciences Inc
KQ:291650
|
$17.63 Million |
|
Glidelogic Corp.
PINK:GDLG
|
$17.64 Million |
|
Display Tech Co. Ltd
KQ:066670
|
$17.64 Million |
|
African Rainbow Minerals Ltd
JSE:ARI
|
$17.61 Million |
|
Ryde Group Ltd.
NYSE MKT:RYDE
|
$17.60 Million |
|
Pyxis Tankers Inc
NASDAQ:PXS
|
$17.60 Million |
|
4Mass SA
WAR:4MS
|
$17.58 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sunshine Oilsands Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 92,265,000 to 18,444,000, a change of -73,821,000 (-80.0%).
- Net loss of 75,392,000 reduced equity.
- Other comprehensive income decreased equity by 1,845,000.
- Other factors increased equity by 3,416,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-75.39 Million | -408.76% |
| Other Comprehensive Income | $-1.84 Million | -10.0% |
| Other Changes | $3.42 Million | +18.52% |
| Total Change | $- | -80.01% |
Book Value vs Market Value Analysis
This analysis compares Sunshine Oilsands 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
- Current price-to-book ratio: 0.58x
- 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 0.01x to 0.58x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-12-31 | $8.38 | $0.04 | x |
| 2011-12-31 | $2.62 | $0.04 | x |
| 2012-12-31 | $16.36 | $0.04 | x |
| 2013-12-31 | $15.27 | $0.04 | x |
| 2014-12-31 | $13.62 | $0.04 | x |
| 2015-12-31 | $7.59 | $0.04 | x |
| 2016-12-31 | $6.75 | $0.04 | x |
| 2017-12-31 | $3.29 | $0.04 | x |
| 2018-12-31 | $2.10 | $0.04 | x |
| 2019-12-31 | $1.41 | $0.04 | x |
| 2020-12-31 | $1.28 | $0.04 | x |
| 2021-12-31 | $0.83 | $0.04 | x |
| 2022-12-31 | $0.46 | $0.04 | x |
| 2023-12-31 | $0.38 | $0.04 | x |
| 2024-12-31 | $0.08 | $0.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sunshine Oilsands 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): -408.76%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -248.03%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 40.07x
- Recent ROE (-408.76%) is below the historical average (-53.63%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | -4.43% | 0.00% | 0.00x | 1.09x | $-32.10 Million |
| 2011 | -45.36% | 0.00% | 0.00x | 3.20x | $-82.25 Million |
| 2012 | -7.09% | 0.00% | 0.00x | 1.12x | $-148.84 Million |
| 2013 | -3.72% | 0.00% | 0.00x | 1.17x | $-120.88 Million |
| 2014 | -2.75% | 0.00% | 0.00x | 1.30x | $-123.97 Million |
| 2015 | -67.23% | 0.00% | 0.00x | 1.61x | $-466.54 Million |
| 2016 | -12.07% | 0.00% | 0.00x | 1.64x | $-134.06 Million |
| 2017 | -79.05% | -831.37% | 0.04x | 2.20x | $-317.51 Million |
| 2018 | -50.40% | -338.04% | 0.05x | 3.09x | $-152.19 Million |
| 2019 | -45.86% | -190.49% | 0.05x | 4.42x | $-98.22 Million |
| 2020 | 1.34% | 53.25% | 0.01x | 4.60x | $-14.35 Million |
| 2021 | 0.83% | 1018.06% | 0.00x | 4.27x | $-16.24 Million |
| 2022 | -58.92% | -418.47% | 0.02x | 6.74x | $-76.50 Million |
| 2023 | -20.95% | -63.93% | 0.04x | 8.08x | $-28.56 Million |
| 2024 | -408.76% | -248.03% | 0.04x | 40.07x | $-77.24 Million |
Industry Comparison
This section compares Sunshine Oilsands 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: $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 |
|---|---|---|---|---|
| Sunshine Oilsands Ltd (SUNYF) | $29.52 Million | -4.43% | 24.01x | $17.61 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 |