Topaz Energy Corp
Topaz Energy Corp. operates as a royalty and infrastructure energy company in Canada. It operates through Royalty Production and Infrastructure segments. The company holds royalty interests on approximately 9 million gross acres of developed and undeveloped lands. It is also involved in operating natural gas processing facilities; and associated crude oil and condensate handling facilities, as we… Read more
Topaz Energy Corp (TPZEF) - Net Assets
Latest net assets as of December 2025: $1.52 Billion USD
Based on the latest financial reports, Topaz Energy Corp (TPZEF) has net assets worth $1.52 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.24 Billion) and total liabilities ($722.76 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 | $1.52 Billion |
| % of Total Assets | 67.76% |
| Annual Growth Rate | 13.9% |
| 5-Year Change | 14.67% |
| 10-Year Change | N/A |
| Growth Volatility | 18.02 |
Topaz Energy Corp - Net Assets Trend (2019–2025)
This chart illustrates how Topaz Energy Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Topaz Energy Corp (2019–2025)
The table below shows the annual net assets of Topaz Energy Corp from 2019 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $1.52 Billion | +15.42% |
| 2024-12-31 | $1.32 Billion | +5.83% |
| 2023-12-31 | $1.24 Billion | -8.70% |
| 2022-12-31 | $1.36 Billion | +2.82% |
| 2021-12-31 | $1.32 Billion | +31.74% |
| 2020-12-31 | $1.01 Billion | +44.55% |
| 2019-12-31 | $695.74 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Topaz Energy Corp'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 45286.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.74 Billion | 114.74% |
| Other Components | $71.13 Million | 4.68% |
| Total Equity | $1.52 Billion | 100.00% |
Topaz Energy Corp Competitors by Market Cap
The table below lists competitors of Topaz Energy Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Neogen Corporation
NASDAQ:NEOG
|
$1.90 Billion |
|
MDA Ltd
PINK:MDALF
|
$1.91 Billion |
|
Eagers Automotive Ltd
AU:APE
|
$1.91 Billion |
|
Star Bulk Carriers Corp
NASDAQ:SBLK
|
$1.91 Billion |
|
LIQUIDIA CORP. DL-001
F:LT4
|
$1.90 Billion |
|
Shenyang Fortune Precision Equipment Co. Ltd. A
SHG:688409
|
$1.90 Billion |
|
Weifu High-Technology Group Co Ltd
SHE:000581
|
$1.90 Billion |
|
Paycor HCM Inc
NASDAQ:PYCR
|
$1.90 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Topaz Energy Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,316,285,000 to 1,519,237,911, a change of 202,952,911 (15.4%).
- Net income of 128,636,084 contributed positively to equity growth.
- Dividend payments of 207,517,748 reduced retained earnings.
- Other factors increased equity by 281,834,575.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $128.64 Million | +8.47% |
| Dividends Paid | $207.52 Million | -13.66% |
| Other Changes | $281.83 Million | +18.55% |
| Total Change | $- | 15.42% |
Book Value vs Market Value Analysis
This analysis compares Topaz Energy Corp'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: 1.56x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.03x to 1.56x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $7.59 | $15.38 | x |
| 2020-12-31 | $8.94 | $15.38 | x |
| 2021-12-31 | $10.65 | $15.38 | x |
| 2022-12-31 | $9.51 | $15.38 | x |
| 2023-12-31 | $8.56 | $15.38 | x |
| 2024-12-31 | $9.04 | $15.38 | x |
| 2025-12-31 | $9.84 | $15.38 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Topaz Energy Corp 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): 8.47%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 39.65%
- • Asset Turnover: 0.14x
- • Equity Multiplier: 1.48x
- Recent ROE (8.47%) is above the historical average (3.66%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 0.09% | 5.11% | 0.02x | 1.00x | $-68.92 Million |
| 2020 | 0.31% | 3.45% | 0.09x | 1.00x | $-97.48 Million |
| 2021 | 2.08% | 13.88% | 0.12x | 1.22x | $-104.93 Million |
| 2022 | 7.29% | 27.85% | 0.19x | 1.35x | $-36.87 Million |
| 2023 | 3.83% | 14.82% | 0.20x | 1.32x | $-76.73 Million |
| 2024 | 3.52% | 15.47% | 0.16x | 1.44x | $-85.24 Million |
| 2025 | 8.47% | 39.65% | 0.14x | 1.48x | $-23.29 Million |
Industry Comparison
This section compares Topaz Energy Corp's net assets metrics with peer companies in the Oil & Gas Midstream industry.
Industry Context
- Industry: Oil & Gas Midstream
- Average net assets among peers: $1,230,397,219
- Average return on equity (ROE) among peers: 2202.95%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Topaz Energy Corp (TPZEF) | $1.52 Billion | 0.09% | 0.48x | $1.90 Billion |
| Antero Midstream Partners LP (AM) | $142.86 Million | 0.00% | 0.21x | $7.58 Billion |
| AltaGas Ltd (ATGFF) | $2.83 Billion | 7.11% | 1.57x | $8.06 Billion |
| ATGPF (ATGPF) | $7.86 Billion | 8.56% | 1.98x | $4.11 Billion |
| Avance Gas Holding Ltd (AVACF) | $603.79 Million | 27.09% | 0.91x | $7.70K |
| CBL International Limited Ordinary Shares (BANL) | $12.11 Million | 30.42% | 1.11x | $3.17 Million |
| BP Prudhoe Bay Royalty Trust (BPT) | $863.00K | 22418.66% | 0.16x | $2.99 Million |
| Brooge Holdings Ltd (BROG) | $78.49 Million | 16.31% | 4.83x | $32.39 Million |
| Brooge Energy Limited (BROGW) | $56.77 Million | -85.14% | 7.56x | $5.67K |
| Willow Biosciences Inc (CANSF) | $1.10 Million | -405.25% | 0.17x | $2.85 Million |
| Cool Company Ltd (CLCO) | $715.51 Million | 11.75% | 1.88x | $145.96 Million |