Zenith Energy Ltd.
Zenith Energy Ltd., together with its subsidiaries, engages in the exploration, development and production of oil and natural gas in Tunisia, Italy, and internationally. It is also involved in the production of condensate and electricity assets; oil and gas drilling; and oil trading activity, as well as software development. The company was formerly known as Canoel International Energy Ltd. and c… Read more
Zenith Energy Ltd. (ZENAF) - Net Assets
Latest net assets as of September 2025: $75.51 Million USD
Based on the latest financial reports, Zenith Energy Ltd. (ZENAF) has net assets worth $75.51 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($178.77 Million) and total liabilities ($103.26 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 | $75.51 Million |
| % of Total Assets | 42.24% |
| Annual Growth Rate | 46.2% |
| 5-Year Change | 175.72% |
| 10-Year Change | N/A |
| Growth Volatility | 136.99 |
Zenith Energy Ltd. - Net Assets Trend (2020–2025)
This chart illustrates how Zenith 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 Zenith Energy Ltd. (2020–2025)
The table below shows the annual net assets of Zenith Energy Ltd. from 2020 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | $65.63 Million | +31.32% |
| 2024-03-31 | $49.98 Million | -45.47% |
| 2023-03-31 | $91.65 Million | -11.10% |
| 2022-03-31 | $103.09 Million | +333.10% |
| 2021-03-31 | $23.80 Million | +142.17% |
| 2020-03-31 | $9.83 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Zenith 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 grown by 583400000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $95.70 Million | 145.81% |
| Total Equity | $65.63 Million | 100.00% |
Zenith Energy Ltd. Competitors by Market Cap
The table below lists competitors of Zenith Energy Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kolon Globalco
KO:003070
|
$25.51 Million |
|
Seowon
KO:021050
|
$25.52 Million |
|
Brunswick Exploration Inc.
PINK:BRWXF
|
$25.52 Million |
|
Chu Kong Shipping Enterprises (Group) Company Limited
F:CKW
|
$25.53 Million |
|
WEBSTEP ASA NK 1
F:5ZF
|
$25.49 Million |
|
Innovative Food Hldg
OTCQB:IVFH
|
$25.48 Million |
|
Marine & General Bhd
KLSE:5078
|
$25.47 Million |
|
Home Center Holdings Co.Ltd
KQ:060560
|
$25.46 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zenith Energy Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 49,978,000 to 65,629,000, a change of 15,651,000 (31.3%).
- Net income of 1,089,000 contributed positively to equity growth.
- New share issuances of 14,977,000 increased equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.09 Million | +1.66% |
| Share Issuances | $14.98 Million | +22.82% |
| Other Changes | $-415.00K | -0.63% |
| Total Change | $- | 31.32% |
Book Value vs Market Value Analysis
This analysis compares Zenith 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: 0.37x
- 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 |
|---|---|---|---|
| 2020-03-31 | $0.15 | $0.05 | x |
| 2021-03-31 | $0.20 | $0.05 | x |
| 2023-03-31 | $0.40 | $0.05 | x |
| 2024-03-31 | $0.25 | $0.05 | x |
| 2025-03-31 | $0.14 | $0.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zenith 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): 1.66%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 50.72%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 2.51x
- Recent ROE (1.66%) is above the historical average (-970.35%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -5802.31% | -77593.06% | 0.01x | 5.20x | $-571.29 Million |
| 2021 | 14.81% | 591.44% | 0.00x | 5.02x | $1.14 Million |
| 2022 | 62.51% | 782.10% | 0.03x | 2.52x | $54.13 Million |
| 2023 | -14.00% | -97.48% | 0.05x | 2.87x | $-21.99 Million |
| 2024 | -84.77% | -2369.52% | 0.01x | 2.80x | $-47.36 Million |
| 2025 | 1.66% | 50.72% | 0.01x | 2.51x | $-5.47 Million |
Industry Comparison
This section compares Zenith Energy Ltd.'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: $725,430,102
- Average return on equity (ROE) among peers: -4.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zenith Energy Ltd. (ZENAF) | $75.51 Million | -5802.31% | 1.37x | $25.50 Million |
| Advantage Energy Ltd. (AAVVF) | $1.46 Billion | 28.18% | 0.37x | $922.80 Million |
| ADX Energy Ltd (ADXRF) | $6.43 Million | -102.77% | 0.09x | $9.58 Million |
| ARC Resources Ltd. (AETUF) | $3.67 Billion | 10.60% | 0.70x | $10.30 Billion |
| Aminex PLC (AEXFF) | $53.12 Million | -6.15% | 0.15x | $77.17 Million |
| Aker BP ASA (AKRBF) | $1.99 Billion | 2.25% | 5.25x | $6.29 Billion |
| Arkanova Energy Corporation (AKVA) | $-11.63 Million | 0.00% | 0.00x | $4.92K |
| Allied Resources Inc (ALOD) | $1.91 Million | -8.89% | 0.28x | $428.76K |
| Altex Industries Inc (ALTX) | $1.30 Million | -5.62% | 0.84x | $1.08 Million |
| Alvopetro Energy Ltd (ALVOF) | $80.73 Million | -15.39% | 0.04x | $117.02 Million |
| AMEN Properties Inc (AMEN) | $6.15 Million | 55.97% | 0.13x | $4.80 Million |