Philodrill Corp
Philodrill Corp operates in Oil & Gas Exploration & Production.
Philodrill Corp (OV) - Net Assets
Latest net assets as of June 2023: ₱2.69 Billion PHP
Based on the latest financial reports, Philodrill Corp (OV) has net assets worth ₱2.69 Billion PHP as of June 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₱2.76 Billion) and total liabilities (₱68.01 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 | ₱2.69 Billion |
| % of Total Assets | 97.54% |
| Annual Growth Rate | -3.87% |
| 5-Year Change | -18.56% |
| 10-Year Change | N/A |
| Growth Volatility | 4.53 |
Philodrill Corp - Net Assets Trend (2015–2022)
This chart illustrates how Philodrill 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 Philodrill Corp (2015–2022)
The table below shows the annual net assets of Philodrill Corp from 2015 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | ₱2.69 Billion | -10.85% |
| 2021-12-31 | ₱3.01 Billion | +1.29% |
| 2020-12-31 | ₱2.98 Billion | -7.92% |
| 2019-12-31 | ₱3.23 Billion | -2.06% |
| 2018-12-31 | ₱3.30 Billion | -7.46% |
| 2017-12-31 | ₱3.57 Billion | +0.00% |
| 2016-12-31 | ₱3.57 Billion | +0.67% |
| 2015-12-31 | ₱3.54 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Philodrill 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 47.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₱969.79 Million | 36.09% |
| Common Stock | ₱1.74 Billion | 64.89% |
| Total Equity | ₱2.69 Billion | 100.00% |
Philodrill Corp Competitors by Market Cap
The table below lists competitors of Philodrill Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
First Class Metals PLC
LSE:FCM
|
$1.54 |
|
OK ZIMBABWE LIMITED
XZIM:OKZ
|
$1.61 |
|
Codex Acquisitions PLC
LSE:CODX
|
$1.67 |
|
ECOCASH HOLDINGS ZIMBABWE LIMITED
XZIM:EHZL
|
$1.74 |
|
AFROMEDIA PLC
XNSA:AFROMEDIA
|
$1.44 |
|
GENERAL BELTINGS HOLDINGS LIMITED
XZIM:GBH
|
$1.40 |
|
TURNALL HOLDINGS LIMITED
XZIM:TURN
|
$1.40 |
|
Becket Invest Plc
LSE:TAB
|
$1.39 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Philodrill Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 3,013,703,270 to 2,686,865,640, a change of -326,837,630 (-10.8%).
- Net loss of 339,333,550 reduced equity.
- Dividend payments of 2,610 reduced retained earnings.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₱-339.33 Million | -12.63% |
| Dividends Paid | ₱2.61K | -0.0% |
| Other Changes | ₱12.50 Million | +0.47% |
| Total Change | ₱- | -10.85% |
Book Value vs Market Value Analysis
This analysis compares Philodrill 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
- Current price-to-book ratio: 0.64x
- 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.
- The price-to-book ratio has increased from 0.48x to 0.64x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | ₱0.02 | ₱0.01 | x |
| 2017-12-31 | ₱0.02 | ₱0.01 | x |
| 2018-12-31 | ₱0.02 | ₱0.01 | x |
| 2019-12-31 | ₱0.02 | ₱0.01 | x |
| 2020-12-31 | ₱0.02 | ₱0.01 | x |
| 2021-12-31 | ₱0.02 | ₱0.01 | x |
| 2022-12-31 | ₱0.01 | ₱0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Philodrill 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): -12.63%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -142.88%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 1.03x
- Recent ROE (-12.63%) is below the historical average (-3.24%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 3.24% | 21.42% | 0.15x | 1.02x | ₱-239.44 Million |
| 2016 | 0.82% | 8.12% | 0.10x | 1.02x | ₱-327.41 Million |
| 2017 | -0.18% | -1.64% | 0.11x | 1.02x | ₱-362.90 Million |
| 2018 | -7.94% | -68.45% | 0.11x | 1.05x | ₱-591.89 Million |
| 2019 | -1.96% | -25.65% | 0.07x | 1.04x | ₱-386.35 Million |
| 2020 | -8.47% | -278.63% | 0.03x | 1.03x | ₱-549.41 Million |
| 2021 | 1.21% | 17.54% | 0.07x | 1.03x | ₱-265.05 Million |
| 2022 | -12.63% | -142.88% | 0.09x | 1.03x | ₱-608.02 Million |
Industry Comparison
This section compares Philodrill Corp's net assets metrics with peer companies in the Oil & Gas industry.
Industry Context
- Industry: Oil & Gas
- Average net assets among peers: $14,956,809,511
- Average return on equity (ROE) among peers: -0.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Philodrill Corp (OV) | ₱2.69 Billion | 3.24% | 0.03x | $1.52 |
| APC Group Inc (APC) | $154.67 Million | -5.44% | 0.68x | $16.27 |
| Basic Energy Corp (BSC) | $681.25 Million | -8.53% | 0.10x | $20.04 |
| Forum Pacific Inc (FPI) | $330.71 Million | -0.70% | 0.01x | $44.81 |
| Oriental Petroleum and Minerals Corp (OPM) | $89.49 Million | 2.48% | 0.03x | $1.93 |
| Petron Corp (PCOR) | $79.77 Billion | -14.27% | 3.38x | $544.62 |
| Pryce Corp (PPC) | $13.44 Billion | 12.97% | 0.57x | $2.40K |
| PXP Energy Corp (PXP) | $643.29 Million | -3.48% | 10.40x | $477.62 |
| Pilipinas Shell Petroleum Corp (SHLPH) | $38.97 Billion | 13.03% | 1.06x | $1.81K |
| Seafront Resources Corp (SPM) | $527.34 Million | 3.82% | 0.09x | $340.68 |