ASHDOD REFINERY LTD
Ashdod Refinery Ltd engages in the oil refining business in Israel and internationally. The company refines, exports, and imports crude oil and intermediate materials for petroleum distillates; and produces and sells electricity. It also provides fuel storage and distribution services, and light gases, LPG, gasoline and naphtha, diesel fuel, kerosene, fuel oil, and other products. The company was… Read more
ASHDOD REFINERY LTD (ARF) - Net Assets
Latest net assets as of September 2025: ILA365.00 Million ILA
Based on the latest financial reports, ASHDOD REFINERY LTD (ARF) has net assets worth ILA365.00 Million ILA as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ILA1.44 Billion) and total liabilities (ILA1.07 Billion). 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 | ILA365.00 Million |
| % of Total Assets | 25.35% |
| Annual Growth Rate | -30.05% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 36.85 |
ASHDOD REFINERY LTD - Net Assets Trend (2021–2024)
This chart illustrates how ASHDOD REFINERY 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 ASHDOD REFINERY LTD (2021–2024)
The table below shows the annual net assets of ASHDOD REFINERY LTD from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ILA476.00 Million | -15.75% |
| 2023-12-31 | ILA565.00 Million | +23.00% |
| 2022-12-31 | ILA459.36 Million | -66.97% |
| 2021-12-31 | ILA1.39 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to ASHDOD REFINERY 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 73.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ILA97.00 Million | 20.38% |
| Other Components | ILA379.00 Million | 79.62% |
| Total Equity | ILA476.00 Million | 100.00% |
ASHDOD REFINERY LTD Competitors by Market Cap
The table below lists competitors of ASHDOD REFINERY LTD ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Crypto Co
PINK:CRCW
|
$1.94 Million |
|
NUFORMIX PLC LS -001
F:1RT
|
$1.94 Million |
|
Rightscorp Inc
PINK:RIHT
|
$1.94 Million |
|
VIMAB Group AB
ST:VIMAB
|
$1.94 Million |
|
Netcapital Inc
NASDAQ:NCPL
|
$1.94 Million |
|
SpringBig Holdings Inc.
NASDAQ:SBIG
|
$1.94 Million |
|
Cyanotech Corporation
NASDAQ:CYAN
|
$1.94 Million |
|
GRAPHEX GROUP LTD HD -01
F:5100
|
$1.94 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ASHDOD REFINERY LTD's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 565,000,000 to 476,000,000, a change of -89,000,000 (-15.8%).
- Net loss of 34,541,458 reduced equity.
- Dividend payments of 55,875,889 reduced retained earnings.
- Other comprehensive income decreased equity by 56,851,091.
- Other factors increased equity by 58,268,438.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA-34.54 Million | -7.26% |
| Dividends Paid | ILA55.88 Million | -11.74% |
| Other Comprehensive Income | ILA-56.85 Million | -11.94% |
| Other Changes | ILA58.27 Million | +12.24% |
| Total Change | ILA- | -15.75% |
Book Value vs Market Value Analysis
This analysis compares ASHDOD REFINERY 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: 163.57x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 50.38x to 163.57x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | ILA123.69 | ILA6232.00 | x |
| 2022-12-31 | ILA40.85 | ILA6232.00 | x |
| 2023-12-31 | ILA45.22 | ILA6232.00 | x |
| 2024-12-31 | ILA38.10 | ILA6232.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ASHDOD REFINERY 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): -7.26%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.06%
- • Asset Turnover: 2.35x
- • Equity Multiplier: 2.92x
- Recent ROE (-7.26%) is below the historical average (5.65%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -2.16% | -1.15% | 0.68x | 2.76x | ILA-169.09 Million |
| 2022 | 11.03% | 0.34% | 10.51x | 3.05x | ILA4.72 Million |
| 2023 | 20.97% | 0.87% | 9.91x | 2.44x | ILA62.00 Million |
| 2024 | -7.26% | -1.06% | 2.35x | 2.92x | ILA-82.14 Million |
Industry Comparison
This section compares ASHDOD REFINERY LTD's net assets metrics with peer companies in the Oil & Gas Refining & Marketing industry.
Industry Context
- Industry: Oil & Gas Refining & Marketing
- Average net assets among peers: $3,070,000,000
- Average return on equity (ROE) among peers: -11.92%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ASHDOD REFINERY LTD (ARF) | ILA365.00 Million | -2.16% | 2.95x | $1.94 Million |
| Paz Oil (PZOL) | $3.07 Billion | -11.92% | 2.46x | $11.44 Million |