Tethys Petroleum Limited
Tethys Petroleum Limited engages in the acquisition, exploration, and development of crude oil and natural gas fields in Kazakhstan. It also produces and sells crude oil and natural gas. The company was formerly known as Tethys Petroleum Investments Limited and changed its name to Tethys Petroleum Limited in September 2006. Tethys Petroleum Limited was incorporated in 2003 and is based in Grand C… Read more
Tethys Petroleum Limited (TETHF) - Net Assets
Latest net assets as of September 2025: $23.63 Million USD
Based on the latest financial reports, Tethys Petroleum Limited (TETHF) has net assets worth $23.63 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 ($55.47 Million) and total liabilities ($31.84 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 | $23.63 Million |
| % of Total Assets | 42.6% |
| Annual Growth Rate | N/A |
| 5-Year Change | -7.11% |
| 10-Year Change | -82.41% |
| Growth Volatility | 92.41 |
Tethys Petroleum Limited - Net Assets Trend (2004–2024)
This chart illustrates how Tethys Petroleum 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 Tethys Petroleum Limited (2004–2024)
The table below shows the annual net assets of Tethys Petroleum Limited from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $23.15 Million | -45.14% |
| 2023-12-31 | $42.19 Million | +20.15% |
| 2022-12-31 | $35.12 Million | +57.06% |
| 2021-12-31 | $22.36 Million | -10.28% |
| 2020-12-31 | $24.92 Million | -47.49% |
| 2019-12-31 | $47.45 Million | -15.65% |
| 2018-12-31 | $56.26 Million | +17.34% |
| 2017-12-31 | $47.94 Million | -48.58% |
| 2016-12-31 | $93.23 Million | -29.14% |
| 2015-12-31 | $131.57 Million | -36.05% |
| 2014-12-31 | $205.75 Million | +1.56% |
| 2013-12-31 | $202.59 Million | -7.98% |
| 2012-12-31 | $220.15 Million | -7.45% |
| 2011-12-31 | $237.88 Million | -0.69% |
| 2010-12-31 | $239.52 Million | +124.68% |
| 2009-12-31 | $106.60 Million | +10.84% |
| 2008-12-31 | $96.17 Million | +41.56% |
| 2007-12-31 | $67.94 Million | +362.53% |
| 2006-12-31 | $14.69 Million | +609.29% |
| 2005-12-31 | $-2.88 Million | -251.34% |
| 2004-12-31 | $-820.90K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tethys Petroleum 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 39380359700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $11.48 Million | 49.59% |
| Other Comprehensive Income | $37.56 Million | 162.29% |
| Other Components | $368.74 Million | 1593.06% |
| Total Equity | $23.15 Million | 100.00% |
Tethys Petroleum Limited Competitors by Market Cap
The table below lists competitors of Tethys Petroleum Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mitre Realty Empreendimentos e Participações S.A
SA:MTRE3
|
$38.43 Million |
|
Broadway Financial Corporation
NASDAQ:BYFC
|
$38.44 Million |
|
Peoplein Ltd
AU:PPE
|
$38.45 Million |
|
Samho Dev
KO:010960
|
$38.46 Million |
|
Moberg Pharma AB (publ)
ST:MOB
|
$38.42 Million |
|
Navitas Petroleum Limited Partnership
TA:NVPT
|
$38.41 Million |
|
GetNinjas S.A
SA:NINJ3
|
$38.41 Million |
|
Otsuka Information Technology Corp.
TWO:3570
|
$38.41 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tethys Petroleum Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 42,192,000 to 23,147,000, a change of -19,045,000 (-45.1%).
- Net loss of 12,386,000 reduced equity.
- Other comprehensive income decreased equity by 6,659,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-12.39 Million | -53.51% |
| Other Comprehensive Income | $-6.66 Million | -28.77% |
| Total Change | $- | -45.14% |
Book Value vs Market Value Analysis
This analysis compares Tethys Petroleum 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: 3.19x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | $-0.18 | $0.64 | x |
| 2005-12-31 | $-0.64 | $0.64 | x |
| 2006-12-31 | $3.26 | $0.64 | x |
| 2007-12-31 | $20.42 | $0.64 | x |
| 2008-12-31 | $17.18 | $0.64 | x |
| 2009-12-31 | $10.01 | $0.64 | x |
| 2010-12-31 | $12.22 | $0.64 | x |
| 2011-12-31 | $8.73 | $0.64 | x |
| 2012-12-31 | $7.09 | $0.64 | x |
| 2013-12-31 | $6.83 | $0.64 | x |
| 2014-12-31 | $6.23 | $0.64 | x |
| 2015-12-31 | $3.70 | $0.64 | x |
| 2016-12-31 | $2.23 | $0.64 | x |
| 2017-12-31 | $0.98 | $0.64 | x |
| 2018-12-31 | $1.02 | $0.64 | x |
| 2019-12-31 | $0.69 | $0.64 | x |
| 2020-12-31 | $0.26 | $0.64 | x |
| 2021-12-31 | $0.21 | $0.64 | x |
| 2022-12-31 | $0.29 | $0.64 | x |
| 2023-12-31 | $0.36 | $0.64 | x |
| 2024-12-31 | $0.20 | $0.64 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tethys Petroleum 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): -53.51%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -81.48%
- • Asset Turnover: 0.27x
- • Equity Multiplier: 2.43x
- Recent ROE (-53.51%) is below the historical average (-28.05%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 0.00% | 0.00% | 0.00x | 0.00x | $-529.63K |
| 2005 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.78 Million |
| 2006 | -47.27% | 0.00% | 0.00x | 1.33x | $-8.41 Million |
| 2007 | -61.49% | -21535.57% | 0.00x | 1.05x | $-48.57 Million |
| 2008 | -23.53% | -422.15% | 0.05x | 1.10x | $-32.24 Million |
| 2009 | -20.37% | -251.53% | 0.06x | 1.29x | $-32.38 Million |
| 2010 | -12.38% | -200.78% | 0.06x | 1.12x | $-53.60 Million |
| 2011 | -11.77% | -88.92% | 0.12x | 1.15x | $-49.84 Million |
| 2012 | -9.65% | -53.59% | 0.15x | 1.19x | $-41.59 Million |
| 2013 | -8.74% | -46.41% | 0.16x | 1.20x | $-36.76 Million |
| 2014 | -8.03% | -58.52% | 0.11x | 1.20x | $-35.99 Million |
| 2015 | -59.48% | -337.15% | 0.12x | 1.52x | $-87.18 Million |
| 2016 | -53.77% | -399.28% | 0.07x | 1.84x | $-55.57 Million |
| 2017 | -90.58% | -566.53% | 0.07x | 2.36x | $-50.31 Million |
| 2018 | 4.34% | 23.59% | 0.10x | 1.93x | $-3.19 Million |
| 2019 | -18.55% | -69.22% | 0.12x | 2.29x | $-13.55 Million |
| 2020 | -154.58% | -295.41% | 0.24x | 2.16x | $-41.01 Million |
| 2021 | -17.84% | -25.08% | 0.22x | 3.31x | $-6.22 Million |
| 2022 | 35.03% | 18.78% | 0.75x | 2.49x | $8.79 Million |
| 2023 | 23.08% | 26.69% | 0.43x | 2.02x | $5.52 Million |
| 2024 | -53.51% | -81.48% | 0.27x | 2.43x | $-14.70 Million |
Industry Comparison
This section compares Tethys Petroleum 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: $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 |
|---|---|---|---|---|
| Tethys Petroleum Limited (TETHF) | $23.63 Million | 0.00% | 1.35x | $38.43 Million |
| 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 |