Ratio Energies LP (RATI-L) - Net Assets
Based on the latest financial reports, Ratio Energies LP (RATI-L) has net assets worth ILA350.42 Million ILA (≈ $939.46K USD) as of December 2022. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ILA1.12 Billion ≈ $3.00 Million USD) and total liabilities (ILA768.11 Million ≈ $2.06 Million USD). 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. Check asset resilience ratio of Ratio Energies LP to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ILA350.42 Million |
| % of Total Assets | 31.33% |
| Annual Growth Rate | 11.43% |
| 5-Year Change | 101.26% |
| 10-Year Change | N/A |
| Growth Volatility | 24.84 |
Ratio Energies LP - Net Assets Trend (2013–2022)
This chart illustrates how Ratio Energies LP's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Ratio Energies LP for the complete picture of this company's asset base.
Annual Net Assets for Ratio Energies LP (2013–2022)
The table below shows the annual net assets of Ratio Energies LP from 2013 to 2022. For live valuation and market cap data, see Ratio Energies LP stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | ILA350.42 Million ≈ $939.46K |
+55.14% |
| 2021-12-31 | ILA225.87 Million ≈ $605.54K |
+28.66% |
| 2020-12-31 | ILA175.56 Million ≈ $470.67K |
+4.14% |
| 2019-12-31 | ILA168.59 Million ≈ $451.98K |
-3.17% |
| 2018-12-31 | ILA174.11 Million ≈ $466.79K |
+36.60% |
| 2017-12-31 | ILA127.47 Million ≈ $341.73K |
-27.21% |
| 2016-12-31 | ILA175.12 Million ≈ $469.49K |
+37.26% |
| 2015-12-31 | ILA127.58 Million ≈ $342.04K |
-3.43% |
| 2014-12-31 | ILA132.11 Million ≈ $354.18K |
-0.18% |
| 2013-12-31 | ILA132.34 Million ≈ $354.80K |
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Equity Component Analysis
This analysis shows how different components contribute to Ratio Energies LP'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 9623300000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ILA30.45 Million | 8.69% |
| Other Components | ILA319.96 Million | 91.31% |
| Total Equity | ILA350.42 Million | 100.00% |
Ratio Energies LP Competitors by Market Cap
The table below lists competitors of Ratio Energies LP ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
U10 SA
PA:ALU10
|
$22.35 Million |
|
Global Masters Fund Ltd
AU:GFL
|
$22.36 Million |
|
Kuk Young G&M Co. Ltd
KQ:006050
|
$22.37 Million |
|
DT&C Co. Ltd
KQ:187220
|
$22.38 Million |
|
Hoftex Group AG
MU:NBH
|
$22.32 Million |
|
ProMIS Neurosciences Inc.
NASDAQ:PMN
|
$22.30 Million |
|
Luster Industries Bhd
KLSE:5068
|
$22.28 Million |
|
Rapid Synergy Bhd
KLSE:7765
|
$22.28 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ratio Energies LP's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 225,868,000 to 350,417,000, a change of 124,549,000 (55.1%).
- Net income of 149,546,000 contributed positively to equity growth.
- Dividend payments of 24,997,000 reduced retained earnings.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA149.55 Million | +42.68% |
| Dividends Paid | ILA25.00 Million | -7.13% |
| Total Change | ILA- | 55.14% |
Book Value vs Market Value Analysis
This analysis compares Ratio Energies LP'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: 1471.80x
- 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 3760.33x to 1471.80x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ILA0.12 | ILA458.90 | x |
| 2018-12-31 | ILA0.15 | ILA458.90 | x |
| 2019-12-31 | ILA0.15 | ILA458.90 | x |
| 2020-12-31 | ILA0.16 | ILA458.90 | x |
| 2021-12-31 | ILA0.20 | ILA458.90 | x |
| 2022-12-31 | ILA0.31 | ILA458.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ratio Energies LP 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): 42.68%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 39.36%
- • Asset Turnover: 0.34x
- • Equity Multiplier: 3.19x
- Recent ROE (42.68%) is above the historical average (3.01%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 0.16% | 0.00% | 0.00x | 1.07x | ILA-13.02 Million |
| 2014 | -6.16% | 0.00% | 0.00x | 1.75x | ILA-21.34 Million |
| 2015 | -3.55% | 0.00% | 0.00x | 1.75x | ILA-17.29 Million |
| 2016 | -4.43% | 0.00% | 0.00x | 2.48x | ILA-25.27 Million |
| 2017 | -38.28% | 0.00% | 0.00x | 4.72x | ILA-61.54 Million |
| 2018 | -6.20% | 0.00% | 0.00x | 4.73x | ILA-28.21 Million |
| 2019 | -3.28% | 0.00% | 0.00x | 6.33x | ILA-22.38 Million |
| 2020 | 3.96% | 3.56% | 0.18x | 6.24x | ILA-10.61 Million |
| 2021 | 45.23% | 34.83% | 0.26x | 5.07x | ILA79.58 Million |
| 2022 | 42.68% | 39.36% | 0.34x | 3.19x | ILA114.50 Million |
Industry Comparison
This section compares Ratio Energies LP's net assets metrics with peer companies in the Oil & Gas industry.
Industry Context
- Industry: Oil & Gas
- Average net assets among peers: $66,974,000
- Average return on equity (ROE) among peers: 15.77%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ratio Energies LP (RATI-L) | ILA350.42 Million | 0.16% | 2.19x | $22.34 Million |
| Tomer Energy Royalties (2012) Ltd (DLRL) | $66.97 Million | 15.77% | 1.67x | $114.00 Million |
About Ratio Energies LP
Ratio Oil Explorations (1992) " Limited Partnership engages in the exploration, development, and production of oil and natural gas. The company was founded in 1992 and is based in Tel Aviv-Yafo, Israel.