Victory Energy Corp
Victory Oilfield Tech, Inc., a green hydrogen energy company, engages in development and implementing various energy solutions for transportation, power generation, and industrial processes industries. It offers TrueGreen Hydrogen production solutions that provides clean energy sources to a range of clients. The company is based in Austin, Texas.
Victory Energy Corp (VYEY) - Net Assets
Latest net assets as of September 2024: $-1.52 Million USD
Based on the latest financial reports, Victory Energy Corp (VYEY) has net assets worth $-1.52 Million USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($36.99K) and total liabilities ($1.55 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 | $-1.52 Million |
| % of Total Assets | -4098.63% |
| Annual Growth Rate | N/A |
| 5-Year Change | -421.09% |
| 10-Year Change | N/A |
| Growth Volatility | 106.0 |
Victory Energy Corp - Net Assets Trend (2000–2023)
This chart illustrates how Victory Energy Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Victory Energy Corp (2000–2023)
The table below shows the annual net assets of Victory Energy Corp from 2000 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $-3.84 Million | -3.74% |
| 2022-12-31 | $-3.70 Million | -9.51% |
| 2021-12-31 | $-3.38 Million | -51.39% |
| 2020-12-31 | $-2.23 Million | -286.70% |
| 2019-12-31 | $1.20 Million | 0.00% |
| 2018-12-31 | $1.20 Million | -92.47% |
| 2017-12-31 | $15.90 Million | +754.54% |
| 2016-12-31 | $-2.43 Million | +10.74% |
| 2015-12-31 | $-2.72 Million | -85.25% |
| 2014-12-31 | $-1.47 Million | -179.57% |
| 2013-12-31 | $1.85 Million | +416.88% |
| 2011-12-31 | $-582.52K | -123.37% |
| 2010-12-31 | $-260.78K | +73.77% |
| 2008-12-31 | $-994.35K | -8.11% |
| 2006-12-31 | $-919.77K | +9.10% |
| 2005-12-31 | $-1.01 Million | -139.43% |
| 2004-12-31 | $-422.62K | -131.56% |
| 2003-12-31 | $-182.51K | -400.99% |
| 2000-12-31 | $-36.43K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Victory Energy Corp'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 9958654300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $28.59K | % |
| Other Comprehensive Income | $-8.00 | % |
| Other Components | $95.91 Million | % |
| Total Equity | $-3.84 Million | 100.00% |
Victory Energy Corp Competitors by Market Cap
The table below lists competitors of Victory Energy Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
THALASSA HLDG.NEW DL-01
F:TH2P
|
$212.31K |
|
EXTERRAN HOLDINGS
BE:54E
|
$212.58K |
|
Daewoo Crude Oil Futures ETN(H) 10
KO:520010
|
$212.70K |
|
Cobalt Power Group Inc
V:PGP
|
$212.94K |
|
Great Dane Global Value
CO:GDIGV
|
$212.05K |
|
Gilat Telecom Global Ltd
TA:GLTL
|
$211.83K |
|
Colas SA
STU:REP
|
$211.75K |
|
Accent Resources NL
AU:ACS
|
$211.71K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Victory Energy Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -3,703,706 to -3,842,323, a change of -138,617.
- Net loss of 741 reduced equity.
- Other comprehensive income decreased equity by 8.
- Other factors decreased equity by 137,868.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-741.47 | -0.02% |
| Other Comprehensive Income | $-8.00 | -0.0% |
| Other Changes | $-137.87K | -3.59% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Victory Energy Corp'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 |
|---|---|---|---|
| 2000-12-31 | $-0.87 | $0.30 | x |
| 2001-12-31 | $-1.33 | $0.30 | x |
| 2002-12-31 | $-1.62 | $0.30 | x |
| 2003-12-31 | $-0.65 | $0.30 | x |
| 2004-12-31 | $-1.27 | $0.30 | x |
| 2005-12-31 | $-3.91 | $0.30 | x |
| 2006-12-31 | $-1.17 | $0.30 | x |
| 2008-12-31 | $-0.69 | $0.30 | x |
| 2010-12-31 | $-0.18 | $0.30 | x |
| 2011-12-31 | $-0.21 | $0.30 | x |
| 2013-12-31 | $-0.17 | $0.30 | x |
| 2014-12-31 | $-0.34 | $0.30 | x |
| 2015-12-31 | $-0.55 | $0.30 | x |
| 2016-12-31 | $-0.63 | $0.30 | x |
| 2017-12-31 | $0.70 | $0.30 | x |
| 2018-12-31 | $0.04 | $0.30 | x |
| 2019-12-31 | $0.00 | $0.30 | x |
| 2020-12-31 | $0.00 | $0.30 | x |
| 2021-12-31 | $-0.01 | $0.30 | x |
| 2022-12-31 | $-0.01 | $0.30 | x |
| 2023-12-31 | $-0.01 | $0.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Victory Energy Corp 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: -0.05%
- • Asset Turnover: 0.85x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-223.55%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 0.00% | 0.00% | 0.00x | 0.00x | $-5.37K |
| 2001 | 0.00% | 0.00% | 0.00x | 0.00x | $-13.87K |
| 2002 | 0.00% | 0.00% | 0.00x | 0.00x | $-7.17K |
| 2003 | 0.00% | 0.00% | 0.00x | 0.00x | $-574.71K |
| 2004 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.56 Million |
| 2005 | 0.00% | -6551.07% | 0.22x | 0.00x | $-1.22 Million |
| 2006 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.65 Million |
| 2008 | 0.00% | -699.98% | 1.36x | 0.00x | $-11.40 Million |
| 2010 | 0.00% | -88.03% | 0.64x | 0.00x | $-406.63K |
| 2011 | 0.00% | -1295.53% | 0.20x | 0.00x | $-3.90 Million |
| 2013 | 0.00% | -229.34% | 0.30x | 0.00x | $-1.44 Million |
| 2014 | 0.00% | -461.65% | 0.58x | 0.00x | $-2.70 Million |
| 2015 | 0.00% | -642.02% | 0.64x | 0.00x | $-3.32 Million |
| 2016 | 0.00% | -420.06% | 0.50x | 0.00x | $-820.22K |
| 2017 | -130.33% | -7488.22% | 0.02x | 1.12x | $-22.31 Million |
| 2018 | -2282.14% | -2640.34% | 0.23x | 3.71x | $-27.43 Million |
| 2019 | -2282.14% | -2640.34% | 0.23x | 3.71x | $-27.43 Million |
| 2020 | 0.00% | -169.17% | 1.44x | 0.00x | $-3.51 Million |
| 2021 | 0.00% | -39.22% | 1.07x | 0.00x | $18.46K |
| 2022 | 0.00% | -21.41% | 2.34x | 0.00x | $22.53K |
| 2023 | 0.00% | -0.05% | 0.85x | 0.00x | $383.49K |
Industry Comparison
This section compares Victory Energy Corp'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 |
|---|---|---|---|---|
| Victory Energy Corp (VYEY) | $-1.52 Million | 0.00% | N/A | $212.28K |
| 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 |