Texas Gulf Energy In
Texas Gulf Energy, Inc. provides turnkey and specialty construction services to a range of industrial and energy sector clients in the United States. It is also involved in the management and execution of capital and turnaround projects; and the provision of project management personnel and other construction resources, such as project planners/schedulers, engineers, welders, fitters, and millwri… Read more
Texas Gulf Energy In (TXGE) - Net Assets
Latest net assets as of September 2014: $-192.64K USD
Based on the latest financial reports, Texas Gulf Energy In (TXGE) has net assets worth $-192.64K USD as of September 2014.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($996.54K) and total liabilities ($1.19 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 | $-192.64K |
| % of Total Assets | -19.33% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 34.9 |
Texas Gulf Energy In - Net Assets Trend (2010–2013)
This chart illustrates how Texas Gulf Energy In's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Texas Gulf Energy In (2010–2013)
The table below shows the annual net assets of Texas Gulf Energy In from 2010 to 2013.
| Year | Net Assets | Change |
|---|---|---|
| 2013-12-31 | $957.55K | -70.66% |
| 2012-12-31 | $3.26 Million | -0.85% |
| 2011-12-31 | $3.29 Million | +575.53% |
| 2010-12-31 | $-692.19K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Texas Gulf Energy In'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 grown by 44456800.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2013)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $510.00 | 0.05% |
| Other Components | $1.20 Million | 125.81% |
| Total Equity | $957.45K | 100.00% |
Texas Gulf Energy In Competitors by Market Cap
The table below lists competitors of Texas Gulf Energy In ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Airesis SA
SW:AIRE
|
$118.79K |
|
BGLC39
SA:BGLC39
|
$118.84K |
|
Fsport AB
ST:FSPORT
|
$118.91K |
|
hopTo Inc
PINK:HPTO
|
$119.23K |
|
E Split Corp Class A
TO:ENS
|
$118.61K |
|
Wearable Health Solutions Inc
PINK:WHSI
|
$118.60K |
|
FCRTX
NMFQS:FCRTX
|
$118.60K |
|
ATLANTA ELECTRICALS LTD
NSE:ATLANTAELE
|
$118.50K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Texas Gulf Energy In's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2012 to 2013, total equity changed from 3,263,396 to 957,449, a change of -2,305,947 (-70.7%).
- Net loss of 289,334 reduced equity.
- Share repurchases of 2,000,000 reduced equity.
- Other factors decreased equity by 16,613.
Equity Change Factors (2012 to 2013)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-289.33K | -30.22% |
| Share Repurchases | $2.00 Million | -208.89% |
| Other Changes | $-16.61K | -1.74% |
| Total Change | $- | -70.66% |
Book Value vs Market Value Analysis
This analysis compares Texas Gulf Energy In'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 Texas Gulf Energy In 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): -30.22%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3.04%
- • Asset Turnover: 2.44x
- • Equity Multiplier: 4.07x
- Recent ROE (-30.22%) is below the historical average (-2.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 0.00% | -10.88% | 6.20x | 0.00x | $-2.54 Million |
| 2011 | 32.73% | 3.49% | 3.70x | 2.54x | $748.25K |
| 2012 | -10.53% | -1.28% | 2.56x | 3.20x | $-669.83K |
| 2013 | -30.22% | -3.04% | 2.44x | 4.07x | $-385.08K |
Industry Comparison
This section compares Texas Gulf Energy In's net assets metrics with peer companies in the Oil & Gas Equipment & Services industry.
Industry Context
- Industry: Oil & Gas Equipment & Services
- Average net assets among peers: $5,464,315,253
- Average return on equity (ROE) among peers: -34.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Texas Gulf Energy In (TXGE) | $-192.64K | 0.00% | N/A | $118.71K |
| ProFrac Holding Corp. (ACDC) | $1.33 Billion | -7.35% | 1.31x | $222.04 Million |
| Atlas Energy Solutions Inc. (AESI) | $867.82 Million | 18.44% | 0.45x | $1.34 Billion |
| Akastor ASA (AKKVF) | $13.55 Billion | 9.27% | 2.55x | $54.21 Million |
| Andatee China Marine Fuel Services (AMCF) | $18.84 Million | 34.05% | 1.21x | $0.98 |
| Archrock Inc (AROC) | $2.23 Billion | -42.52% | 1.73x | $6.15 Billion |
| Anton Oilfield Services Group (ATONY) | $2.15 Billion | -9.22% | 2.02x | $381.63 Million |
| Auri Inc (AURI) | $-2.74 Million | 0.00% | 0.00x | $1.91 |
| Baker Hughes Co (BKR) | $34.50 Billion | 0.37% | 0.55x | $56.21 Billion |
| Kbridge Energy Corp (BMMCF) | $-341.75K | 0.00% | 0.00x | $880.54 |
| Bri-Chem Corp (BRYFF) | $131.44K | -348.83% | 2.61x | $4.32 Million |