Tuscany Energy Ltd
Tuscany Energy Ltd. engages in the acquisition, exploration, development, and production of crude oil and natural gas in Canada. The company was formerly known as Tuscany Resources Ltd. and changed its name to Tuscany Energy Ltd. in August 1998. Tuscany Energy Ltd. was incorporated in 1994 and is headquartered in Calgary, Canada. As of June 2016, Tuscany Energy Ltd. is in liquidation.
Tuscany Energy Ltd (TSCAF) - Net Assets
Latest net assets as of March 2016: $5.66 Million USD
Based on the latest financial reports, Tuscany Energy Ltd (TSCAF) has net assets worth $5.66 Million USD as of March 2016.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($21.73 Million) and total liabilities ($16.07 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 | $5.66 Million |
| % of Total Assets | 26.06% |
| Annual Growth Rate | 38.97% |
| 5-Year Change | -43.77% |
| 10-Year Change | 114.18% |
| Growth Volatility | 101.24 |
Tuscany Energy Ltd - Net Assets Trend (2001–2015)
This chart illustrates how Tuscany Energy Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Tuscany Energy Ltd (2001–2015)
The table below shows the annual net assets of Tuscany Energy Ltd from 2001 to 2015.
| Year | Net Assets | Change |
|---|---|---|
| 2015-12-31 | $10.88 Million | -37.30% |
| 2014-12-31 | $17.36 Million | -2.95% |
| 2013-12-31 | $17.89 Million | -7.84% |
| 2012-12-31 | $19.41 Million | +0.27% |
| 2011-12-31 | $19.36 Million | +201.64% |
| 2010-12-31 | $6.42 Million | +1.05% |
| 2009-12-31 | $6.35 Million | +19.91% |
| 2008-12-31 | $5.30 Million | +2.63% |
| 2007-12-31 | $5.16 Million | +1.54% |
| 2006-12-31 | $5.08 Million | -17.41% |
| 2005-12-31 | $6.15 Million | +1843.00% |
| 2004-12-31 | $-353.00K | -81.68% |
| 2003-12-31 | $-194.30K | -285.51% |
| 2002-12-31 | $104.74K | -3.59% |
| 2001-12-31 | $108.64K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tuscany Energy Ltd'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 1015778400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2015)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $23.59 Million | 216.72% |
| Other Components | $2.21 Million | 20.26% |
| Total Equity | $10.88 Million | 100.00% |
Tuscany Energy Ltd Competitors by Market Cap
The table below lists competitors of Tuscany Energy Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
RPMG3F
SA:RPMG3F
|
$3.57K |
|
ACCURAY (XEJ.SG)
STU:XEJ
|
$3.57K |
|
NJ PANDA -H-
MU:NNJ
|
$3.57K |
|
1 Year GIS
KAR:P01GIS230525
|
$3.57K |
|
CDL INVESTMENT
BE:BXU
|
$3.56K |
|
Abadi Lestari Indonesia Tbk
JK:RLCO
|
$3.56K |
|
Fubon No.1 Real Estate Investment Trust
TW:01001T
|
$3.56K |
|
Empresa Regional de Servicio Publico de Electricidad Electronorte Medio S.A.-Hidrandina
LIM:HIDRA2C1
|
$3.56K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tuscany Energy Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2014 to 2015, total equity changed from 17,359,000 to 10,884,000, a change of -6,475,000 (-37.3%).
- Net loss of 6,574,000 reduced equity.
- Share repurchases of 80,000 reduced equity.
- Other factors increased equity by 179,000.
Equity Change Factors (2014 to 2015)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-6.57 Million | -60.4% |
| Share Repurchases | $80.00K | -0.74% |
| Other Changes | $179.00K | +1.64% |
| Total Change | $- | -37.30% |
Book Value vs Market Value Analysis
This analysis compares Tuscany Energy Ltd'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: 0.00x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | $0.08 | $0.00 | x |
| 2002-12-31 | $0.05 | $0.00 | x |
| 2003-12-31 | $-0.08 | $0.00 | x |
| 2004-12-31 | $-0.15 | $0.00 | x |
| 2005-12-31 | $1.59 | $0.00 | x |
| 2006-12-31 | $0.81 | $0.00 | x |
| 2007-12-31 | $0.73 | $0.00 | x |
| 2008-12-31 | $0.58 | $0.00 | x |
| 2009-12-31 | $0.64 | $0.00 | x |
| 2010-12-31 | $0.48 | $0.00 | x |
| 2011-12-31 | $0.78 | $0.00 | x |
| 2012-12-31 | $0.63 | $0.00 | x |
| 2013-12-31 | $0.58 | $0.00 | x |
| 2014-12-31 | $0.41 | $0.00 | x |
| 2015-12-31 | $0.21 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tuscany Energy Ltd 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): -60.40%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -65.01%
- • Asset Turnover: 0.37x
- • Equity Multiplier: 2.51x
- Recent ROE (-60.40%) is below the historical average (-24.94%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | -69.24% | 0.00% | 0.00x | 1.30x | $-86.08K |
| 2002 | -182.79% | -505.72% | 0.10x | 3.47x | $-201.92K |
| 2003 | 0.00% | -412.22% | 0.53x | 0.00x | $-292.06K |
| 2004 | 0.00% | -351.38% | 0.34x | 0.00x | $-123.40K |
| 2005 | 16.79% | 171.37% | 0.07x | 1.38x | $417.88K |
| 2006 | -13.06% | -26.69% | 0.28x | 1.72x | $-1.17 Million |
| 2007 | -16.20% | -39.55% | 0.23x | 1.77x | $-1.35 Million |
| 2008 | 4.61% | 5.04% | 0.52x | 1.76x | $-285.33K |
| 2009 | -4.14% | -13.12% | 0.19x | 1.65x | $-898.24K |
| 2010 | -12.33% | -28.80% | 0.24x | 1.81x | $-1.51 Million |
| 2011 | 10.49% | 33.44% | 0.22x | 1.43x | $95.40K |
| 2012 | -1.86% | -4.84% | 0.31x | 1.25x | $-2.30 Million |
| 2013 | -16.62% | -31.00% | 0.28x | 1.92x | $-4.76 Million |
| 2014 | -29.30% | -30.87% | 0.49x | 1.93x | $-6.82 Million |
| 2015 | -60.40% | -65.01% | 0.37x | 2.51x | $-7.66 Million |
Industry Comparison
This section compares Tuscany Energy Ltd'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 |
|---|---|---|---|---|
| Tuscany Energy Ltd (TSCAF) | $5.66 Million | -69.24% | 2.84x | $3.56K |
| 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 |