Tesla Exploration Ltd
Tesla Exploration Ltd., a geophysical services company, provides specialized seismic services in North America, Europe, Africa, and internationally. The company offers three-component technologies that enable its clients to capture and process shear wave seismic data and pressure wave data for seismic imaging. It also provides various geophysical services, including survey design and management; … Read more
Tesla Exploration Ltd (TXLZF) - Net Assets
Latest net assets as of March 2016: $-14.24 Million USD
Based on the latest financial reports, Tesla Exploration Ltd (TXLZF) has net assets worth $-14.24 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 ($59.77 Million) and total liabilities ($74.02 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 | $-14.24 Million |
| % of Total Assets | -23.83% |
| Annual Growth Rate | -21.56% |
| 5-Year Change | -85.83% |
| 10-Year Change | N/A |
| Growth Volatility | 44.53 |
Tesla Exploration Ltd - Net Assets Trend (2009–2015)
This chart illustrates how Tesla Exploration 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 Tesla Exploration Ltd (2009–2015)
The table below shows the annual net assets of Tesla Exploration Ltd from 2009 to 2015.
| Year | Net Assets | Change |
|---|---|---|
| 2015-12-31 | $8.06 Million | -85.71% |
| 2014-12-31 | $56.38 Million | -13.58% |
| 2013-12-31 | $65.24 Million | +2.94% |
| 2012-12-31 | $63.37 Million | +11.43% |
| 2011-12-31 | $56.87 Million | -0.66% |
| 2010-12-31 | $57.25 Million | +65.54% |
| 2009-12-31 | $34.59 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tesla Exploration 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 158.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2015)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $17.99 Million | 221.08% |
| Other Comprehensive Income | $20.04 Million | 246.28% |
| Total Equity | $8.14 Million | 100.00% |
Tesla Exploration Ltd Competitors by Market Cap
The table below lists competitors of Tesla Exploration Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Rafina Innovations Inc
PINK:VICA
|
$440.50 |
|
New Tech Venture S.A.
WAR:NTV
|
$440.65 |
|
Pakistan International Bulk Terminal Private Ltd
KAR:PIBTL
|
$440.71 |
|
British and American Investment Trust PLC
LSE:BAF
|
$441.06 |
|
The North American Income Trust plc
LSE:NAIT
|
$438.75 |
|
Terra Energy Res
PINK:TRRE
|
$438.45 |
|
Chrissworld Ltd
CM:CWLN0000
|
$437.96 |
|
Defence Holdings Plc
LSE:ALRT
|
$437.81 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tesla Exploration Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2014 to 2015, total equity changed from 56,463,777 to 8,136,237, a change of -48,327,540 (-85.6%).
- Net loss of 37,200,755 reduced equity.
- Other comprehensive income increased equity by 20,037,637.
- Other factors decreased equity by 31,164,422.
Equity Change Factors (2014 to 2015)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-37.20 Million | -457.22% |
| Other Comprehensive Income | $20.04 Million | +246.28% |
| Other Changes | $-31.16 Million | -383.03% |
| Total Change | $- | -85.59% |
Book Value vs Market Value Analysis
This analysis compares Tesla Exploration 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 |
|---|---|---|---|
| 2015-12-31 | $0.37 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tesla Exploration 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): -457.22%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -57.66%
- • Asset Turnover: 1.10x
- • Equity Multiplier: 7.18x
- Recent ROE (-457.22%) is below the historical average (-66.60%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 0.00% | 0.00% | 1.12x | 2.26x | $-3.46 Million |
| 2010 | 0.00% | 0.00% | 0.97x | 2.13x | $-5.73 Million |
| 2011 | 0.99% | 0.26% | 1.60x | 2.43x | $-5.12 Million |
| 2012 | 8.73% | 2.89% | 1.48x | 2.04x | $-804.32K |
| 2013 | 1.59% | 0.60% | 1.23x | 2.17x | $-5.49 Million |
| 2014 | -20.28% | -8.67% | 1.13x | 2.07x | $-17.10 Million |
| 2015 | -457.22% | -57.66% | 1.10x | 7.18x | $-38.01 Million |
Industry Comparison
This section compares Tesla Exploration Ltd'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 |
|---|---|---|---|---|
| Tesla Exploration Ltd (TXLZF) | $-14.24 Million | 0.00% | N/A | $439.26 |
| 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 |