Bengal Energy Ltd (BNG) - Net Assets
Based on the latest financial reports, Bengal Energy Ltd (BNG) has net assets worth CA$23.18 Million CAD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$30.06 Million) and total liabilities (CA$6.88 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 | CA$23.18 Million |
| % of Total Assets | 77.11% |
| Annual Growth Rate | 3.04% |
| 5-Year Change | -37.94% |
| 10-Year Change | -33.49% |
| Growth Volatility | 121.6 |
Bengal Energy Ltd - Net Assets Trend (1997–2025)
This chart illustrates how Bengal Energy 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 Bengal Energy Ltd (1997–2025)
The table below shows the annual net assets of Bengal Energy Ltd from 1997 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | CA$24.04 Million | -13.25% |
| 2024-03-31 | CA$27.71 Million | -33.29% |
| 2023-03-31 | CA$41.53 Million | -0.92% |
| 2022-03-31 | CA$41.92 Million | +8.23% |
| 2021-03-31 | CA$38.73 Million | +128.60% |
| 2020-03-31 | CA$16.94 Million | -21.04% |
| 2019-03-31 | CA$21.46 Million | -13.80% |
| 2018-03-31 | CA$24.89 Million | -34.67% |
| 2017-03-31 | CA$38.10 Million | +5.44% |
| 2016-03-31 | CA$36.14 Million | -19.61% |
| 2015-03-31 | CA$44.95 Million | -7.49% |
| 2014-03-31 | CA$48.59 Million | +19.20% |
| 2013-03-31 | CA$40.76 Million | -0.54% |
| 2012-03-31 | CA$40.98 Million | +80.44% |
| 2011-03-31 | CA$22.71 Million | +243.68% |
| 2010-03-31 | CA$6.61 Million | -40.16% |
| 2009-03-31 | CA$11.04 Million | -41.24% |
| 2008-03-31 | CA$18.80 Million | +10.67% |
| 2007-03-31 | CA$16.98 Million | +69.76% |
| 2006-03-31 | CA$10.00 Million | +531.98% |
| 2005-03-31 | CA$1.58 Million | +160.91% |
| 2004-03-31 | CA$606.76K | +899.30% |
| 2003-03-31 | CA$-75.91K | +86.06% |
| 2002-03-31 | CA$-544.49K | -106.27% |
| 2001-03-31 | CA$8.68 Million | -6.67% |
| 2000-03-31 | CA$9.30 Million | +34.78% |
| 1999-03-31 | CA$6.90 Million | -15.85% |
| 1998-03-31 | CA$8.20 Million | -21.15% |
| 1997-03-31 | CA$10.40 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Bengal 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 decreased by 9992000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CA$118.80 Million | 494.24% |
| Other Comprehensive Income | CA$-2.89 Million | -12.04% |
| Other Components | CA$8.15 Million | 33.92% |
| Total Equity | CA$24.04 Million | 100.00% |
Bengal Energy Ltd Competitors by Market Cap
The table below lists competitors of Bengal Energy Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Rougier S.A.
PA:ALRGR
|
$15.81 Million |
|
Hanchang
KO:005110
|
$15.81 Million |
|
HANSEYACHTS
HM:H9Y
|
$15.82 Million |
|
International Battery Metals Ltd
F:8RE
|
$15.83 Million |
|
Nutrition Profess Public Company Limited
BK:NUT
|
$15.78 Million |
|
China Vanadium Titano-Magnetite Mining Company Limited
F:CV8S
|
$15.78 Million |
|
Herald Investment Trust
LSE:HRI
|
$15.77 Million |
|
Artroniq Berhad
KLSE:0038
|
$15.77 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bengal Energy Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 27,706,000 to 24,036,000, a change of -3,670,000 (-13.2%).
- Net loss of 4,181,000 reduced equity.
- Other comprehensive income increased equity by 493,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-4.18 Million | -17.39% |
| Other Comprehensive Income | CA$493.00K | +2.05% |
| Other Changes | CA$18.00K | +0.07% |
| Total Change | CA$- | -13.25% |
Book Value vs Market Value Analysis
This analysis compares Bengal 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: 0.91x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-03-31 | CA$0.05 | CA$0.05 | x |
| 1998-03-31 | CA$20.45 | CA$0.05 | x |
| 1999-03-31 | CA$14.08 | CA$0.05 | x |
| 2000-03-31 | CA$17.71 | CA$0.05 | x |
| 2001-03-31 | CA$13.84 | CA$0.05 | x |
| 2002-03-31 | CA$-0.87 | CA$0.05 | x |
| 2003-03-31 | CA$-0.06 | CA$0.05 | x |
| 2004-03-31 | CA$0.24 | CA$0.05 | x |
| 2005-03-31 | CA$0.45 | CA$0.05 | x |
| 2006-03-31 | CA$1.24 | CA$0.05 | x |
| 2007-03-31 | CA$1.32 | CA$0.05 | x |
| 2008-03-31 | CA$1.14 | CA$0.05 | x |
| 2009-03-31 | CA$0.58 | CA$0.05 | x |
| 2010-03-31 | CA$0.35 | CA$0.05 | x |
| 2011-03-31 | CA$0.84 | CA$0.05 | x |
| 2012-03-31 | CA$0.76 | CA$0.05 | x |
| 2013-03-31 | CA$0.74 | CA$0.05 | x |
| 2014-03-31 | CA$0.73 | CA$0.05 | x |
| 2015-03-31 | CA$0.66 | CA$0.05 | x |
| 2016-03-31 | CA$0.53 | CA$0.05 | x |
| 2017-03-31 | CA$0.50 | CA$0.05 | x |
| 2018-03-31 | CA$0.24 | CA$0.05 | x |
| 2019-03-31 | CA$0.21 | CA$0.05 | x |
| 2020-03-31 | CA$0.17 | CA$0.05 | x |
| 2021-03-31 | CA$0.29 | CA$0.05 | x |
| 2022-03-31 | CA$0.10 | CA$0.05 | x |
| 2023-03-31 | CA$0.09 | CA$0.05 | x |
| 2024-03-31 | CA$0.06 | CA$0.05 | x |
| 2025-03-31 | CA$0.05 | CA$0.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bengal Energy Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -17.39%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -81.66%
- • Asset Turnover: 0.17x
- • Equity Multiplier: 1.27x
- Recent ROE (-17.39%) is above the historical average (-21.36%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | -0.96% | -100.00% | 0.01x | 1.02x | CA$-1.14 Million |
| 1998 | -25.61% | -1050.00% | 0.02x | 1.33x | CA$-2.92 Million |
| 1999 | -20.29% | -1400.00% | 0.01x | 1.03x | CA$-2.09 Million |
| 2000 | -10.75% | -1000.00% | 0.01x | 1.01x | CA$-1.93 Million |
| 2001 | -7.05% | -61200600.00% | 0.00x | 1.04x | CA$-1.48 Million |
| 2002 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-9.17 Million |
| 2003 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-191.12K |
| 2004 | -60.37% | -4834.64% | 0.01x | 1.82x | CA$-426.95K |
| 2005 | -48.91% | -2357.44% | 0.02x | 1.34x | CA$-932.66K |
| 2006 | -36.21% | -737.41% | 0.04x | 1.16x | CA$-4.59 Million |
| 2007 | -28.92% | -151.30% | 0.18x | 1.07x | CA$-6.59 Million |
| 2008 | -19.40% | -101.99% | 0.18x | 1.09x | CA$-5.52 Million |
| 2009 | -74.22% | -161.12% | 0.40x | 1.15x | CA$-9.30 Million |
| 2010 | -75.52% | -281.66% | 0.24x | 1.11x | CA$-5.65 Million |
| 2011 | -16.09% | -185.29% | 0.08x | 1.12x | CA$-5.93 Million |
| 2012 | -17.59% | -168.20% | 0.10x | 1.07x | CA$-11.31 Million |
| 2013 | -4.41% | -30.57% | 0.12x | 1.21x | CA$-5.88 Million |
| 2014 | 0.31% | 0.76% | 0.32x | 1.28x | CA$-4.71 Million |
| 2015 | -7.06% | -20.24% | 0.24x | 1.46x | CA$-7.67 Million |
| 2016 | -28.72% | -92.79% | 0.19x | 1.61x | CA$-13.99 Million |
| 2017 | -7.26% | -29.78% | 0.16x | 1.51x | CA$-6.58 Million |
| 2018 | -49.30% | -114.58% | 0.23x | 1.84x | CA$-14.76 Million |
| 2019 | -11.54% | -22.08% | 0.26x | 1.98x | CA$-4.62 Million |
| 2020 | -17.09% | -35.74% | 0.20x | 2.34x | CA$-4.59 Million |
| 2021 | 10.14% | 75.05% | 0.12x | 1.14x | CA$55.00K |
| 2022 | -0.89% | -4.89% | 0.16x | 1.16x | CA$-4.57 Million |
| 2023 | 1.69% | 8.63% | 0.16x | 1.20x | CA$-3.45 Million |
| 2024 | -45.94% | -196.39% | 0.19x | 1.24x | CA$-15.50 Million |
| 2025 | -17.39% | -81.66% | 0.17x | 1.27x | CA$-6.58 Million |
Industry Comparison
This section compares Bengal 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: $336,167,493
- Average return on equity (ROE) among peers: -47.45%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bengal Energy Ltd (BNG) | CA$23.18 Million | -0.96% | 0.30x | $15.80 Million |
| Advantage Oil & Gas Ltd. (AAV) | $114.38 Million | -337.32% | 0.91x | $1.17 Billion |
| Africa Energy Corp (AFE) | $93.33 Million | 2.36% | 0.00x | $83.19 Million |
| Alvopetro Energy (ALV) | $60.57 Million | -7.17% | 0.08x | $226.39 Million |
| Africa Oil Corp (AOI) | $520.15 Million | -4.38% | 0.08x | $820.85 Million |
| Altima Resources Ltd (ARH) | $19.56 Million | -8.72% | 0.40x | $19.37 Million |
| ARC Resources Ltd. (ARX) | $1.55 Billion | 18.70% | 0.47x | $10.71 Billion |
| Athabasca Oil Corp (ATH) | $965.95 Million | -58.97% | 0.89x | $3.90 Billion |
| Avanti Energy Inc (AVN) | $25.71 Million | -32.26% | 0.18x | $24.04 Million |
| Arrow Exploration Corp (AXL) | $9.89 Million | -54.96% | 0.04x | $86.85 Million |
| Bison Gold Resources Inc (BGE) | $397.08K | 8.22% | 0.26x | $2.02 Million |
About Bengal Energy Ltd
Bengal Energy Ltd., together with its subsidiaries, engages in the exploration, development, and production of oil and natural gas reserves in Australia. It also holds four petroleum licenses located in the Cooper Basin. The company was formerly known as Avery Resources Inc. and changed its name to Bengal Energy Ltd. in July 2008. Bengal Energy Ltd. was incorporated in 1996 and is headquartered i… Read more