Terax Energy Inc
Terax Energy, Inc. does not have significant operations. It intends to locate and combine with an existing, privately-held company. Previously, it was engaged in the acquisition, exploitation, and development of oil and gas properties. The company was founded in 2000 and is based in Dallas, Texas.
Terax Energy Inc (TEXG) - Net Assets
Latest net assets as of March 2007: $6.31 Million USD
Based on the latest financial reports, Terax Energy Inc (TEXG) has net assets worth $6.31 Million USD as of March 2007.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($16.05 Million) and total liabilities ($9.75 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 | $6.31 Million |
| % of Total Assets | 39.28% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Terax Energy Inc - Net Assets Trend (2005–2012)
This chart illustrates how Terax Energy Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Terax Energy Inc (2005–2012)
The table below shows the annual net assets of Terax Energy Inc from 2005 to 2012.
| Year | Net Assets | Change |
|---|---|---|
| 2012-06-30 | $-12.31K | -51.20% |
| 2011-06-30 | $-8.14K | +99.88% |
| 2006-06-30 | $-7.01 Million | -564.08% |
| 2005-06-30 | $1.51 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Terax Energy Inc'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 1887810600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2012)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $16.83K | % |
| Other Components | $18.88 Million | % |
| Total Equity | $-12.31K | 100.00% |
Terax Energy Inc Competitors by Market Cap
The table below lists competitors of Terax Energy Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sohm Inc.
PINK:SHMN
|
$6.56 |
|
Green Star Products
PINK:GSPI
|
$6.57 |
|
Intl Star Inc
PINK:ILST
|
$6.59 |
|
Wireless Xcessories Group Inc
PINK:WIRX
|
$6.61 |
|
Mundus Group Inc
PINK:MNDP
|
$6.30 |
|
Digital 9 Infrastructure PLC
LSE:DGI9
|
$6.18 |
|
Aquis Exchange PLC
LSE:AQX
|
$6.15 |
|
ZAZZ Energy of Sweden AB
ST:ZAZZ-B
|
$6.14 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Terax Energy Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2011 to 2012, total equity changed from -8,143 to -12,312, a change of -4,169.
- Net loss of 4,169 reduced equity.
- Other factors decreased equity by 0.
Equity Change Factors (2011 to 2012)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-4.17K | -33.86% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Terax Energy Inc'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 |
|---|---|---|---|
| 2005-06-30 | $0.67 | $0.00 | x |
| 2006-06-30 | $-2.56 | $0.00 | x |
| 2011-06-30 | $0.00 | $0.00 | x |
| 2012-06-30 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Terax Energy Inc 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: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-11.27%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | -48.83% | 0.00% | 0.00x | 1.00x | $-9.23K |
| 2005 | -7.54% | 0.00% | 0.00x | 1.02x | $-264.88K |
| 2006 | 0.00% | -15486.56% | 0.01x | 0.00x | $-22.32 Million |
| 2011 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.97K |
| 2012 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.94K |
Industry Comparison
This section compares Terax Energy Inc's net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $36,677,338
- Average return on equity (ROE) among peers: -64.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Terax Energy Inc (TEXG) | $6.31 Million | -48.83% | 1.55x | $6.44 |
| Artius II Acquisition Inc. Class A Ordinary Shares (AACB) | $-60.27K | 0.00% | 0.00x | $198.37 Million |
| Artius II Acquisition Inc. Units (AACBU) | $-60.27K | 0.00% | 0.00x | $205.28 Million |
| Ares Acquisition Corporation II (AACT-UN) | $931.34 Million | 0.00% | 0.08x | $399.77 Million |
| AA Mission Acquisition Corp. (AAM-UN) | $-559.90 Million | 0.00% | 0.00x | $349.76 Million |
| Global Acquisitions Corporation (AASP) | $3.80 Million | -5.26% | 0.34x | $15.42 Million |
| ABV Consulting Inc (ABVN) | $8.75K | -623.31% | 2.50x | $461.96K |
| Atlantic Coastal Acquisition Corp II (ACAB) | $-8.52 Million | 0.00% | 0.00x | $2.44 Million |
| Annabidiol Corp (ACBD) | $-501.57K | 0.00% | 0.00x | $13.62K |
| ACRO Biomedical Co Ltd (ACBM) | $685.87K | -17.12% | 0.46x | $30.04K |
| Huaizhong Health Group Inc (ADAD) | $-19.47K | 0.00% | 0.00x | $3.15K |