Isramco Negev 2 Limited Partnership

TA:ISRA Israel Oil & Gas E&P
Market Cap
$1.56 Billion
ILA583.11 Billion ILA
Market Cap Rank
#26475 Global
#49 in Israel
Share Price
ILA224.00
Change (1 day)
+1.04%
52-Week Range
ILA195.20 - ILA258.50
All Time High
ILA258.50
Categories
Companies in Israel Oil & Gas E&P
About

Isramco Negev 2 Limited Partnership engages in the exploration, development, and production of oil, natural gas, and condensate in Israel, Jordan, and Egypt. The company's properties include the Tamar and Dalit possession. It serves various customers, as well as Israel Electric Company Ltd. Isramco Negev 2 LP was incorporated in 1989 and is based in Petah Tikva, Israel.

Isramco Negev 2 Limited Partnership (ISRA) - Net Assets

Latest net assets as of September 2025: ILA627.54 Million ILA

Based on the latest financial reports, Isramco Negev 2 Limited Partnership (ISRA) has net assets worth ILA627.54 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 (ILA1.50 Billion) and total liabilities (ILA873.71 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 ILA627.54 Million
% of Total Assets 41.8%
Annual Growth Rate 1.73%
5-Year Change 15.46%
10-Year Change -22.77%
Growth Volatility 23.86

Isramco Negev 2 Limited Partnership - Net Assets Trend (2013–2024)

This chart illustrates how Isramco Negev 2 Limited Partnership's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Isramco Negev 2 Limited Partnership (2013–2024)

The table below shows the annual net assets of Isramco Negev 2 Limited Partnership from 2013 to 2024.

Year Net Assets Change
2024-12-31 ILA621.57 Million +6.03%
2023-12-31 ILA586.22 Million +10.10%
2022-12-31 ILA532.42 Million +40.50%
2021-12-31 ILA378.95 Million -29.61%
2020-12-31 ILA538.34 Million -8.37%
2019-12-31 ILA587.50 Million +6.63%
2018-12-31 ILA550.96 Million +5.01%
2017-12-31 ILA524.68 Million -42.88%
2016-12-31 ILA918.51 Million +14.12%
2015-12-31 ILA804.86 Million +12.31%
2014-12-31 ILA716.65 Million +39.17%
2013-12-31 ILA514.96 Million --

Equity Component Analysis

This analysis shows how different components contribute to Isramco Negev 2 Limited Partnership'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 407.2% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings ILA118.30 Million 19.03%
Common Stock ILA491.30 Million 79.04%
Other Comprehensive Income ILA11.96 Million 1.92%
Total Equity ILA621.57 Million 100.00%

Isramco Negev 2 Limited Partnership Competitors by Market Cap

The table below lists competitors of Isramco Negev 2 Limited Partnership ranked by their market capitalization.

Company Market Cap
Drillcon AB
ST:DRIL
 		$16.06 Million
Sangshin Electronics Co. Ltd
KQ:263810
 		$16.06 Million
Ihlas Gazetecilik AS
IS:IHGZT
 		$16.06 Million
Fast Food Indonesia Tbk
JK:FAST
 		$16.06 Million
Sung Bo Chem
KO:003080
 		$16.06 Million
B3 Consulting Group AB
ST:B3
 		$16.05 Million
Aurania Resources Ltd
OTCQB:AUIAF
 		$16.05 Million
Altustfi
WAR:ALI
 		$16.05 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Isramco Negev 2 Limited Partnership's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 586,215,000 to 621,565,000, a change of 35,350,000 (6.0%).
  • Net income of 144,844,000 contributed positively to equity growth.
  • Dividend payments of 110,020,000 reduced retained earnings.
  • Other comprehensive income increased equity by 11,959,000.
  • Other factors decreased equity by 11,433,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income ILA144.84 Million +23.3%
Dividends Paid ILA110.02 Million -17.7%
Other Comprehensive Income ILA11.96 Million +1.92%
Other Changes ILA-11.43 Million -1.84%
Total Change ILA- 6.03%

Book Value vs Market Value Analysis

This analysis compares Isramco Negev 2 Limited Partnership'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: 940.32x
  • 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 decreased from 1126.82x to 940.32x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2013-12-31 ILA0.20 ILA224.00 x
2014-12-31 ILA0.28 ILA224.00 x
2015-12-31 ILA0.31 ILA224.00 x
2016-12-31 ILA0.35 ILA224.00 x
2017-12-31 ILA0.20 ILA224.00 x
2018-12-31 ILA0.21 ILA224.00 x
2019-12-31 ILA0.23 ILA224.00 x
2020-12-31 ILA0.21 ILA224.00 x
2021-12-31 ILA0.15 ILA224.00 x
2022-12-31 ILA0.20 ILA224.00 x
2023-12-31 ILA0.22 ILA224.00 x
2024-12-31 ILA0.24 ILA224.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Isramco Negev 2 Limited Partnership 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): 23.30%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 27.18%
  • • Asset Turnover: 0.40x
  • • Equity Multiplier: 2.13x
  • Recent ROE (23.30%) is below the historical average (33.88%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2013 27.07% 46.95% 0.19x 2.98x ILA87.89 Million
2014 31.22% 47.02% 0.30x 2.22x ILA152.09 Million
2015 33.24% 56.57% 0.31x 1.88x ILA187.02 Million
2016 33.03% 58.91% 0.32x 1.73x ILA211.51 Million
2017 58.65% 57.03% 0.34x 3.06x ILA255.27 Million
2018 57.54% 54.38% 0.38x 2.82x ILA261.91 Million
2019 57.71% 57.04% 0.43x 2.34x ILA280.27 Million
2020 44.28% 54.84% 0.31x 2.64x ILA184.55 Million
2021 -11.90% -10.99% 0.34x 3.20x ILA-82.99 Million
2022 29.78% 30.57% 0.42x 2.29x ILA105.31 Million
2023 22.61% 34.73% 0.30x 2.20x ILA73.90 Million
2024 23.30% 27.18% 0.40x 2.13x ILA82.69 Million

Industry Comparison

This section compares Isramco Negev 2 Limited Partnership'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: $832,406,333
  • Average return on equity (ROE) among peers: -89.92%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Isramco Negev 2 Limited Partnership (ISRA) ILA627.54 Million 27.07% 1.39x $16.06 Million
Equital (EQTL) $5.13 Billion 1.64% 1.91x $14.14 Million
Givot Olam Oil Exploration - Limited Partnership (1993) (GIVO) $21.54 Million -54.29% 0.33x $197.62K
GIVOT OLAM OIL EXP ILS1 (GIVO-L) $-23.04 Million 0.00% 0.00x $7.30K
Israel Land Development Urban Renewal Ltd (ILDR) $-3.26 Million 0.00% 0.00x $2.07 Million
Israel Op L (ISOP) $6.89 Million -20.73% 0.05x $203.70K
Israel Opportunity - Energy Resources LP (ISOP-L) $12.39 Million -52.78% 0.06x $971.83
Modiin Energy-Limited Partnership (MDIN-L) $3.40 Million -685.08% 0.31x $3.58K
Naphtha (NFTA) $2.34 Billion 1.91% 1.81x $6.84 Million
Navitas Petroleum Limited Partnership (NVPT) $-1.72 Million 0.00% 0.00x $38.41 Million