Tradestar Resources Corporation
Tradestar Resources Corporation, an independent energy company, engages in the exploration, development, exploitation, and acquisition of on-shore oil and natural gas properties in the United States. The company was formerly known as Tradestar Corporation and changed its name to Tradestar Resources Corporation in 2006. Tradestar Resources Corporation was founded in 1966 and is based in Hot Spring… Read more
Tradestar Resources Corporation (TSRR) - Net Assets
Latest net assets as of September 2009: $85.44K USD
Based on the latest financial reports, Tradestar Resources Corporation (TSRR) has net assets worth $85.44K USD as of September 2009.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($290.12K) and total liabilities ($204.68K). 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 | $85.44K |
| % of Total Assets | 29.45% |
| Annual Growth Rate | -31.58% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 20.4 |
Tradestar Resources Corporation - Net Assets Trend (2006–2009)
This chart illustrates how Tradestar Resources Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Tradestar Resources Corporation (2006–2009)
The table below shows the annual net assets of Tradestar Resources Corporation from 2006 to 2009.
| Year | Net Assets | Change |
|---|---|---|
| 2009-03-31 | $94.80K | -26.73% |
| 2008-03-31 | $129.40K | -54.28% |
| 2007-03-31 | $282.99K | -4.40% |
| 2006-03-31 | $296.03K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tradestar Resources Corporation'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 51561900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2009)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $25.00K | 26.37% |
| Other Components | $737.89K | 778.30% |
| Total Equity | $94.81K | 100.00% |
Tradestar Resources Corporation Competitors by Market Cap
The table below lists competitors of Tradestar Resources Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
FG Fitness & Media Group Inc
OTCGREY:FGFT
|
$0.96 |
|
Supurva Healthcare Group Inc
PINK:SPRV
|
$0.96 |
|
Rainforest Resources Inc
OTCQB:RRIF
|
$0.96 |
|
New Frontier Energy Inc
PINK:NFEI
|
$0.96 |
|
Artificial Life Inc
PINK:ALIF
|
$0.96 |
|
Avix Technologies Inc
PINK:AVIX
|
$0.96 |
|
SFLMaven Corp
PINK:SFLM
|
$0.96 |
|
Medican Enterprises
PINK:MDCN
|
$0.96 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tradestar Resources Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2008 to 2009, total equity changed from 129,398 to 94,807, a change of -34,591 (-26.7%).
- Net loss of 54,389 reduced equity.
- Share repurchases of 19,796 reduced equity.
- Other factors increased equity by 39,594.
Equity Change Factors (2008 to 2009)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-54.39K | -57.37% |
| Share Repurchases | $19.80K | -20.88% |
| Other Changes | $39.59K | +41.76% |
| Total Change | $- | -26.73% |
Book Value vs Market Value Analysis
This analysis compares Tradestar Resources Corporation'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.
Insufficient data available to analyze book value vs market value.
Capital Efficiency Dashboard
This dashboard shows how efficiently Tradestar Resources Corporation 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): -57.37%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -13.94%
- • Asset Turnover: 0.89x
- • Equity Multiplier: 4.61x
- Recent ROE (-57.37%) is above the historical average (-64.20%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | -1.84% | -1.94% | 0.87x | 1.09x | $-35.04K |
| 2007 | -117.54% | -97.25% | 0.93x | 1.30x | $-360.93K |
| 2008 | -80.06% | -21.33% | 1.59x | 2.35x | $-116.53K |
| 2009 | -57.37% | -13.94% | 0.89x | 4.61x | $-63.87K |
Industry Comparison
This section compares Tradestar Resources Corporation's net assets metrics with peer companies in the Oil & Gas E&P industry.
Industry Context
- Industry: Oil & Gas E&P
- Average net assets among peers: $1,751,793,864
- Average return on equity (ROE) among peers: -1.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tradestar Resources Corporation (TSRR) | $85.44K | -1.84% | 2.40x | $0.96 |
| Advantage Energy Ltd. (AAVVF) | $1.33 Billion | 0.83% | 0.33x | $922.80 Million |
| ADX Energy Ltd (ADXRF) | $4.37 Million | -14.30% | 0.01x | $9.58 Million |
| ARC Resources Ltd. (AETUF) | $3.40 Billion | 7.09% | 0.69x | $10.30 Billion |
| Aminex PLC (AEXFF) | $7.53 Million | -11.90% | 0.27x | $77.17 Million |
| Aker BP ASA (AKRBF) | $12.69 Billion | 14.40% | 2.32x | $6.29 Billion |
| Arkanova Energy Corporation (AKVA) | $-35.51K | 0.00% | 0.00x | $4.92K |
| Allied Resources Inc (ALOD) | $2.39 Million | -3.81% | 0.14x | $428.76K |
| Altex Industries Inc (ALTX) | $2.60 Million | -10.61% | 0.15x | $1.08 Million |
| Alvopetro Energy Ltd (ALVOF) | $66.14 Million | -10.76% | 0.04x | $117.02 Million |
| AMEN Properties Inc (AMEN) | $15.55 Million | 14.30% | 0.08x | $4.94 Million |