Terra Energy Res
Terra Energy Resources, Ltd. engages in the process of polymer based recycling and reformation activities. The company produces and sells various kinds of oil based polymer materials to manufacturers for re-use. It serves food, maritime, auto, and construction industries. The company was formerly known as Terra Media, Ltd. and changed its name to Terra Energy Resources, Ltd. in June 2008. Terra E… Read more
Terra Energy Res (TRRE) - Net Assets
Latest net assets as of September 2023: $-1.87 Million USD
Based on the latest financial reports, Terra Energy Res (TRRE) has net assets worth $-1.87 Million USD as of September 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($18.59 Million) and total liabilities ($20.46 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 | $-1.87 Million |
| % of Total Assets | -10.07% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 26.05 |
Terra Energy Res - Net Assets Trend (2005–2023)
This chart illustrates how Terra Energy Res's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Terra Energy Res (2005–2023)
The table below shows the annual net assets of Terra Energy Res from 2005 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $-1.88 Million | -1347.47% |
| 2022-12-31 | $-130.03K | -115.31% |
| 2021-12-31 | $849.51K | +365.02% |
| 2020-12-31 | $-320.54K | -283.30% |
| 2019-12-31 | $-83.63K | -310.20% |
| 2017-12-31 | $-20.39K | -65.90% |
| 2016-12-31 | $-12.29K | +96.56% |
| 2016-09-30 | $-357.05K | -309.11% |
| 2015-12-31 | $-87.27K | +15.55% |
| 2014-12-31 | $-103.34K | -375.16% |
| 2008-12-31 | $-21.75K | +33.02% |
| 2007-12-31 | $-32.47K | -96.46% |
| 2006-12-31 | $-16.53K | -167.40% |
| 2005-12-31 | $24.52K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Terra Energy Res'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 396983500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $36.22K | % |
| Other Comprehensive Income | $-1.56K | % |
| Other Components | $3.76 Million | % |
| Total Equity | $-502.85K | 100.00% |
Terra Energy Res Competitors by Market Cap
The table below lists competitors of Terra Energy Res ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
The North American Income Trust plc
LSE:NAIT
|
$438.75 |
|
Tesla Exploration Ltd
PINK:TXLZF
|
$439.26 |
|
Rafina Innovations Inc
PINK:VICA
|
$440.50 |
|
New Tech Venture S.A.
WAR:NTV
|
$440.65 |
|
Chrissworld Ltd
CM:CWLN0000
|
$437.96 |
|
Defence Holdings Plc
LSE:ALRT
|
$437.81 |
|
Pak Gulf Leasing Company Ltd
KAR:PGLC
|
$437.62 |
|
Hoang Minh Finance Investment JSC
VN:KPF
|
$436.03 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Terra Energy Res's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -130,033 to -502,854, a change of -372,821.
- Net loss of 1,340,175 reduced equity.
- Other comprehensive income increased equity by 5,541.
- Other factors increased equity by 961,813.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.34 Million | -266.51% |
| Other Comprehensive Income | $5.54K | +1.1% |
| Other Changes | $961.81K | +191.27% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Terra Energy Res'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 |
|---|---|---|---|
| 2005-12-31 | $0.03 | $0.04 | x |
| 2006-12-31 | $-0.02 | $0.04 | x |
| 2007-12-31 | $-0.04 | $0.04 | x |
| 2008-12-31 | $-0.49 | $0.04 | x |
| 2014-12-31 | $-0.21 | $0.04 | x |
| 2015-12-31 | $-0.02 | $0.04 | x |
| 2016-12-31 | $0.00 | $0.04 | x |
| 2017-12-31 | $0.00 | $0.04 | x |
| 2019-12-31 | $0.00 | $0.04 | x |
| 2020-12-31 | $0.00 | $0.04 | x |
| 2021-12-31 | $0.00 | $0.04 | x |
| 2022-12-31 | $0.00 | $0.04 | x |
| 2023-12-31 | $0.00 | $0.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Terra Energy Res 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: -704.72%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-14.22%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | -335.23% | -14076.03% | 0.02x | 1.03x | $-84.66K |
| 2006 | 0.00% | 0.00% | 0.00x | 0.00x | $-51.40K |
| 2007 | 0.00% | 0.00% | 0.00x | 0.00x | $-27.20K |
| 2008 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.68K |
| 2014 | 0.00% | 6.70% | 3.04x | 0.00x | $99.90K |
| 2015 | 0.00% | -16.40% | 0.56x | 0.00x | $-31.59K |
| 2016 | 0.00% | -33.14% | 0.13x | 0.00x | $29.41K |
| 2016 | 0.00% | 21.21% | 0.16x | 0.00x | $41.77K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-19.81K |
| 2019 | 0.00% | -14.82% | 0.11x | 0.00x | $-56.63K |
| 2020 | 0.00% | -57.49% | 0.05x | 0.00x | $-190.16K |
| 2021 | 136.09% | 350.50% | 0.04x | 10.53x | $1.07 Million |
| 2022 | 0.00% | -248.92% | 0.03x | 0.00x | $-948.81K |
| 2023 | 0.00% | -704.72% | 0.01x | 0.00x | $-1.29 Million |
Industry Comparison
This section compares Terra Energy Res's net assets metrics with peer companies in the Real Estate - Diversified industry.
Industry Context
- Industry: Real Estate - Diversified
- Average net assets among peers: $44,839,195,622
- Average return on equity (ROE) among peers: 5.72%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Terra Energy Res (TRRE) | $-1.87 Million | -335.23% | N/A | $438.45 |
| Fastighets AB Balder (publ) (BALDF) | $4.66 Billion | 37.66% | 2.23x | $4.42 Billion |
| Bresler & Reiner Inc (BRER) | $221.94 Million | -4.18% | 3.15x | $286.68 |
| Chinese Estates Holdings Limited (CESTF) | $28.78 Billion | 2.16% | 0.30x | $71.54 Million |
| Central Pattana Public Company Limited (CPNNF) | $15.17 Billion | 14.49% | 1.89x | $3.86 Billion |
| Community Redevelopment Inc (CRDV) | $-732.85K | 0.00% | 0.00x | $450.08K |
| Daito Trust Construction Co.Ltd (DITTF) | $365.79 Billion | 19.02% | 1.75x | $30.07 Billion |
| Eco Depot Inc (ECDP) | $5.22 Million | -14.85% | 0.39x | $551.28 |
| Frasers Property Limited (FSRPF) | $15.12 Billion | 1.24% | 1.56x | $289.47 Million |
| 420 Property Management Inc (FTPM) | $-19.97 Million | 0.00% | 0.00x | $1.92 |
| Great Eagle Holdings Limited (GEAHF) | $18.67 Billion | 1.67% | 1.04x | $355.22 Million |