Treasure Island Royalty Trust
Treasure Island Royalty Trust holds nonexpense bearing overriding royalty interests in ultra deep prospects in the shallow waters of the Gulf of Mexico. The trust owns, or has the right to receive, overriding royalty interests from Newfield Exploration Company's interest in any future production. It has interests in 116 lease blocks located offshore Louisiana in the South Timbalier, Ship Shoal, S… Read more
Treasure Island Royalty Trust (TISDZ) - Net Assets
Latest net assets as of December 2007: $225.34K USD
Based on the latest financial reports, Treasure Island Royalty Trust (TISDZ) has net assets worth $225.34K USD as of December 2007.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($788.64K) and total liabilities ($563.30K). 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 | $225.34K |
| % of Total Assets | 28.57% |
| Annual Growth Rate | -28.06% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 11.03 |
Treasure Island Royalty Trust - Net Assets Trend (2004–2007)
This chart illustrates how Treasure Island Royalty Trust's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Treasure Island Royalty Trust (2004–2007)
The table below shows the annual net assets of Treasure Island Royalty Trust from 2004 to 2007.
| Year | Net Assets | Change |
|---|---|---|
| 2007-12-31 | $225.34K | -42.17% |
| 2006-12-31 | $389.64K | -23.31% |
| 2005-12-31 | $508.08K | -15.98% |
| 2004-12-31 | $604.71K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Treasure Island Royalty Trust'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 37937100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2007)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $835.75K | 370.88% |
| Total Equity | $225.34K | 100.00% |
Treasure Island Royalty Trust Competitors by Market Cap
The table below lists competitors of Treasure Island Royalty Trust ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Green PolkaDot Box Inc
PINK:GPDB
|
$0.90 |
|
Electro Optical Systems Corp
PINK:EOSC
|
$0.90 |
|
Web Global Holdings Inc
PINK:WEBB
|
$0.90 |
|
Epic Corp. 5% PFD CNV SER A
PINK:EPORP
|
$0.90 |
|
Critical Infrastructure Technologies Ltd.
PINK:CITLF
|
$0.90 |
|
AmeriStar Network Inc
PINK:AMWK
|
$0.90 |
|
Renovate Neighborhoods Inc
PINK:RNVT
|
$0.90 |
|
Legends Business Grp
PINK:LGBS
|
$0.90 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Treasure Island Royalty Trust's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2006 to 2007, total equity changed from 389,641 to 225,343, a change of -164,298 (-42.2%).
- Net loss of 164,298 reduced equity.
Equity Change Factors (2006 to 2007)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-164.30K | -72.91% |
| Total Change | $- | -42.17% |
Book Value vs Market Value Analysis
This analysis compares Treasure Island Royalty Trust'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 |
|---|---|---|---|
| 2004-12-31 | $0.00 | $0.00 | x |
| 2005-12-31 | $0.00 | $0.00 | x |
| 2006-12-31 | $0.00 | $0.00 | x |
| 2007-12-31 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Treasure Island Royalty Trust 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): -72.91%
- 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: 3.50x
- Recent ROE (-72.91%) is below the historical average (-34.38%), 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 | -15.18% | 0.00% | 0.00x | 1.38x | $-152.25K |
| 2005 | -19.02% | 0.00% | 0.00x | 1.64x | $-147.44K |
| 2006 | -30.40% | 0.00% | 0.00x | 2.14x | $-157.40K |
| 2007 | -72.91% | 0.00% | 0.00x | 3.50x | $-186.83K |
Industry Comparison
This section compares Treasure Island Royalty Trust's net assets metrics with peer companies in the Oil & Gas Drilling industry.
Industry Context
- Industry: Oil & Gas Drilling
- Average net assets among peers: $168,298,265
- Average return on equity (ROE) among peers: -7.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Treasure Island Royalty Trust (TISDZ) | $225.34K | -15.18% | 2.50x | $0.90 |
| Agri-Dynamics Inc (AGDY) | $-371.31K | 0.00% | 0.00x | $39.23 |
| AKITA Drilling Ltd (AKTAF) | $124.93 Million | 16.71% | 0.30x | $37.79 Million |
| Archer Limited (ARHVF) | $556.89 Million | 2.23% | 0.75x | $127.09 Million |
| Awilco Drilling PLC (AWLCF) | $-126.95 Million | 0.00% | 0.00x | $16.95 Million |
| Borr Drilling Ltd (BORR) | $993.30 Million | 8.27% | 2.44x | $1.19 Billion |
| Beard Co (BRCOQ) | $10.00 Million | -4.00% | 0.46x | $0.94 |
| Cathedral Energy Services Ltd (CETEF) | $90.77 Million | -6.37% | 0.50x | $68.91 Million |
| EP3Oil, Inc. (EEEP) | $7.39 Million | -22.45% | 0.56x | $101.31 |
| Enseco Energy Services Corp (ENSRF) | $22.49 Million | 0.00% | 0.05x | $0.97 |
| EnerNorth Industries Inc (ENYNF) | $4.54 Million | -66.24% | 2.35x | $0.92 |