Birchcliff Energy Ltd. (BIR) - Net Assets

Latest as of September 2025: CA$2.22 Billion CAD ≈ $1.60 Billion USD

Based on the latest financial reports, Birchcliff Energy Ltd. (BIR) has net assets worth CA$2.22 Billion CAD (≈ $1.60 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$3.43 Billion ≈ $2.48 Billion USD) and total liabilities (CA$1.21 Billion ≈ $876.80 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 Birchcliff Energy Ltd. (BIR) asset resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CA$2.22 Billion
% of Total Assets	64.67%
Annual Growth Rate	30.85%
5-Year Change	34.86%
10-Year Change	99.83%
Growth Volatility	219.53

Birchcliff Energy Ltd. - Net Assets Trend (2000–2024)

This chart illustrates how Birchcliff Energy Ltd.'s net assets have evolved over time, based on quarterly financial data. Also explore Birchcliff Energy Ltd. total assets for the complete picture of this company's asset base.

Annual Net Assets for Birchcliff Energy Ltd. (2000–2024)

The table below shows the annual net assets of Birchcliff Energy Ltd. from 2000 to 2024. For live valuation and market cap data, see Birchcliff Energy Ltd. stock valuation.

Year	Net Assets	Change
2024-12-31	CA$2.20 Billion ≈ $1.59 Billion	-1.37%
2023-12-31	CA$2.23 Billion ≈ $1.61 Billion	-7.76%
2022-12-31	CA$2.41 Billion ≈ $1.75 Billion	+25.82%
2021-12-31	CA$1.92 Billion ≈ $1.39 Billion	+17.82%
2020-12-31	CA$1.63 Billion ≈ $1.18 Billion	-4.01%
2019-12-31	CA$1.70 Billion ≈ $1.23 Billion	-4.47%
2018-12-31	CA$1.77 Billion ≈ $1.28 Billion	+4.64%
2017-12-31	CA$1.70 Billion ≈ $1.23 Billion	-3.32%
2016-12-31	CA$1.75 Billion ≈ $1.27 Billion	+59.72%
2015-12-31	CA$1.10 Billion ≈ $794.59 Million	-0.71%
2014-12-31	CA$1.11 Billion ≈ $800.26 Million	+20.97%
2013-12-31	CA$914.49 Million ≈ $661.53 Million	+9.62%
2012-12-31	CA$834.25 Million ≈ $603.48 Million	+27.06%
2011-12-31	CA$656.60 Million ≈ $474.98 Million	+9.59%
2010-12-31	CA$599.14 Million ≈ $433.41 Million	+8.04%
2009-12-31	CA$554.56 Million ≈ $401.16 Million	+9.30%
2008-12-31	CA$507.37 Million ≈ $367.02 Million	+48.90%
2007-12-31	CA$340.76 Million ≈ $246.50 Million	+38.29%
2006-12-31	CA$246.40 Million ≈ $178.24 Million	+10.05%
2005-12-31	CA$223.89 Million ≈ $161.96 Million	+436.99%
2004-12-31	CA$41.69 Million ≈ $30.16 Million	+1026.12%
2003-12-31	CA$3.70 Million ≈ $2.68 Million	+210.08%
2002-12-31	CA$1.19 Million ≈ $863.76K	-59.44%
2001-12-31	CA$2.94 Million ≈ $2.13 Million	-14.81%
2000-12-31	CA$3.46 Million ≈ $2.50 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Birchcliff 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 132150.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	CA$639.85 Million	29.15%
Common Stock	CA$1.44 Billion	65.77%
Other Components	CA$111.58 Million	5.08%
Total Equity	CA$2.20 Billion	100.00%

Birchcliff Energy Ltd. Competitors by Market Cap

The table below lists competitors of Birchcliff Energy Ltd. ranked by their market capitalization.

Company	Market Cap
ATAI Life Sciences NV XETRA:9VC	$1.27 Billion
The Wendy’s Co NASDAQ:WEN	$1.28 Billion
Bristow Group Inc NYSE:VTOL	$1.28 Billion
Bafang Electric Suzhou Co Ltd SHG:603489	$1.28 Billion
China Communications Services Corporation Limited F:CMW	$1.27 Billion
Kestra Medical Technologies, Ltd. Common Stock NASDAQ:KMTS	$1.27 Billion
Distribution Solutions Group Inc NASDAQ:DSGR	$1.27 Billion
SINOTRANS LTD H YC 1 F:SIY	$1.27 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Birchcliff Energy Ltd.'s equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 2,225,445,000 to 2,195,015,000, a change of -30,430,000 (-1.4%).
Net income of 56,100,000 contributed positively to equity growth.
Dividend payments of 107,833,000 reduced retained earnings.
Share repurchases of 10,778,000 reduced equity.
New share issuances of 10,778,000 increased equity.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CA$56.10 Million	+2.56%
Dividends Paid	CA$107.83 Million	-4.91%
Share Repurchases	CA$10.78 Million	-0.49%
Share Issuances	CA$10.78 Million	+0.49%
Other Changes	CA$21.30 Million	+0.97%
Total Change	CA$-	-1.37%

Book Value vs Market Value Analysis

This analysis compares Birchcliff 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: 0.79x
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 decreased from 21.20x to 0.79x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2000-12-31	CA$0.30	CA$6.41	x
2001-12-31	CA$0.19	CA$6.41	x
2002-12-31	CA$0.09	CA$6.41	x
2003-12-31	CA$0.32	CA$6.41	x
2004-12-31	CA$1.60	CA$6.41	x
2005-12-31	CA$5.21	CA$6.41	x
2006-12-31	CA$4.19	CA$6.41	x
2007-12-31	CA$4.72	CA$6.41	x
2008-12-31	CA$4.49	CA$6.41	x
2009-12-31	CA$4.70	CA$6.41	x
2010-12-31	CA$4.49	CA$6.41	x
2011-12-31	CA$5.00	CA$6.41	x
2012-12-31	CA$5.96	CA$6.41	x
2013-12-31	CA$6.31	CA$6.41	x
2014-12-31	CA$7.27	CA$6.41	x
2015-12-31	CA$7.21	CA$6.41	x
2016-12-31	CA$8.79	CA$6.41	x
2017-12-31	CA$6.40	CA$6.41	x
2018-12-31	CA$6.64	CA$6.41	x
2019-12-31	CA$6.38	CA$6.41	x
2020-12-31	CA$6.12	CA$6.41	x
2021-12-31	CA$6.99	CA$6.41	x
2022-12-31	CA$8.77	CA$6.41	x
2023-12-31	CA$8.17	CA$6.41	x
2024-12-31	CA$8.06	CA$6.41	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Birchcliff 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): 2.56%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 9.33%
• Asset Turnover: 0.17x
• Equity Multiplier: 1.62x
Recent ROE (2.56%) is above the historical average (1.54%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2000	23.11%	48.42%	0.42x	1.13x	CA$452.85K
2001	-26.60%	-23.68%	0.55x	2.04x	CA$-807.94K
2002	-106.27%	-1038.02%	0.04x	2.91x	CA$-1.24 Million
2003	86.11%	14979.25%	0.01x	1.03x	CA$2.82 Million
2004	-1.72%	-1097.21%	0.00x	1.03x	CA$-4.89 Million
2005	1.42%	4.70%	0.23x	1.32x	CA$-19.20 Million
2006	-0.45%	-1.19%	0.26x	1.47x	CA$-25.75 Million
2007	-4.18%	-11.80%	0.18x	1.93x	CA$-48.32 Million
2008	5.89%	14.66%	0.25x	1.61x	CA$-20.84 Million
2009	-4.37%	-16.10%	0.17x	1.58x	CA$-79.71 Million
2010	1.02%	3.11%	0.18x	1.80x	CA$-51.81 Million
2011	5.25%	13.02%	0.22x	1.87x	CA$-31.21 Million
2012	1.39%	4.99%	0.15x	1.82x	CA$-71.81 Million
2013	7.15%	22.63%	0.17x	1.84x	CA$-26.03 Million
2014	10.33%	26.21%	0.22x	1.82x	CA$3.68 Million
2015	-1.11%	-3.98%	0.15x	1.84x	CA$-122.00 Million
2016	-1.39%	-7.68%	0.12x	1.54x	CA$-199.78 Million
2017	-2.77%	-8.89%	0.20x	1.55x	CA$-216.60 Million
2018	5.76%	17.53%	0.21x	1.56x	CA$-75.28 Million
2019	-3.27%	-9.14%	0.22x	1.66x	CA$-224.95 Million
2020	-3.55%	-11.03%	0.18x	1.78x	CA$-220.58 Million
2021	16.41%	35.87%	0.30x	1.54x	CA$122.92 Million
2022	27.22%	54.84%	0.37x	1.34x	CA$415.57 Million
2023	0.44%	1.40%	0.22x	1.46x	CA$-212.76 Million
2024	2.56%	9.33%	0.17x	1.62x	CA$-163.40 Million

Industry Comparison

This section compares Birchcliff 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: $642,696,496
Average return on equity (ROE) among peers: -12.81%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Birchcliff Energy Ltd. (BIR)	CA$2.22 Billion	23.11%	0.55x	$1.27 Billion
Advantage Oil & Gas Ltd. (AAV)	$1.27 Billion	-1.67%	1.21x	$1.22 Billion
Africa Energy Corp (AFE)	$189.46K	0.00%	0.21x	$71.06 Million
Alvopetro Energy (ALV)	$60.57 Million	-7.17%	0.08x	$230.37 Million
Africa Oil Corp (AOI)	$929.85 Million	-5.66%	0.06x	$820.85 Million
Altima Resources Ltd (ARH)	$18.57 Million	-6.97%	0.60x	$19.37 Million
ARC Resources Ltd. (ARX)	$3.16 Billion	9.08%	0.68x	$13.26 Billion
Athabasca Oil Corp (ATH)	$965.95 Million	-58.97%	0.89x	$4.13 Billion
Altai Resources Inc. (ATI)	$4.45 Million	-2.56%	0.07x	$1.42 Million
Avanti Energy Inc (AVN)	$159.53K	-53.64%	0.35x	$24.04 Million
Arrow Exploration Corp (AXL)	$10.89 Million	-0.55%	0.12x	$84.78 Million

About Birchcliff Energy Ltd.

TO:BIR Canada Oil & Gas E&P

Market Cap

$1.27 Billion

CA$1.76 Billion CAD

Market Cap Rank

#8060 Global

#243 in Canada

Share Price

CA$6.41

Change (1 day)

-0.31%

52-Week Range

CA$5.68 - CA$8.01

All Time High

CA$10.25