Canacol Energy Ltd. (CNE) - Net Assets
Based on the latest financial reports, Canacol Energy Ltd. (CNE) has net assets worth CA$385.60 Million CAD (≈ $278.94 Million 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$1.29 Billion ≈ $934.92 Million USD) and total liabilities (CA$906.82 Million ≈ $655.98 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 Canacol Energy Ltd. (CNE) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$385.60 Million |
| % of Total Assets | 29.84% |
| Annual Growth Rate | 22.24% |
| 5-Year Change | 54.86% |
| 10-Year Change | 5.89% |
| Growth Volatility | 353.04 |
Canacol Energy Ltd. - Net Assets Trend (1996–2024)
This chart illustrates how Canacol Energy Ltd.'s net assets have evolved over time, based on quarterly financial data. Also explore Canacol Energy Ltd. asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Canacol Energy Ltd. (1996–2024)
The table below shows the annual net assets of Canacol Energy Ltd. from 1996 to 2024. For live valuation and market cap data, see CNE stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$321.14 Million ≈ $232.31 Million |
-8.68% |
| 2023-12-31 | CA$351.67 Million ≈ $254.40 Million |
+20.46% |
| 2022-12-31 | CA$291.94 Million ≈ $211.18 Million |
+57.69% |
| 2021-12-31 | CA$185.13 Million ≈ $133.92 Million |
-10.73% |
| 2020-12-31 | CA$207.37 Million ≈ $150.01 Million |
-14.57% |
| 2019-12-31 | CA$242.75 Million ≈ $175.60 Million |
+18.16% |
| 2018-12-31 | CA$205.44 Million ≈ $148.61 Million |
-14.09% |
| 2017-12-31 | CA$239.14 Million ≈ $172.99 Million |
-36.46% |
| 2016-12-31 | CA$376.39 Million ≈ $272.27 Million |
+24.10% |
| 2015-12-31 | CA$303.29 Million ≈ $219.39 Million |
-11.22% |
| 2014-12-31 | CA$341.63 Million ≈ $247.13 Million |
-14.65% |
| 2013-12-31 | CA$400.29 Million ≈ $289.56 Million |
+62.39% |
| 2012-12-31 | CA$246.50 Million ≈ $178.31 Million |
-15.32% |
| 2011-12-31 | CA$291.09 Million ≈ $210.57 Million |
+45.33% |
| 2010-12-31 | CA$200.30 Million ≈ $144.89 Million |
+76.24% |
| 2009-12-31 | CA$113.65 Million ≈ $82.21 Million |
+253.67% |
| 2008-12-31 | CA$32.13 Million ≈ $23.25 Million |
-4.52% |
| 2007-12-31 | CA$33.66 Million ≈ $24.35 Million |
-3.95% |
| 2006-12-31 | CA$35.04 Million ≈ $25.35 Million |
+66.96% |
| 2005-12-31 | CA$20.99 Million ≈ $15.18 Million |
+1746.99% |
| 2004-12-31 | CA$1.14 Million ≈ $822.02K |
+799.90% |
| 2003-12-31 | CA$126.28K ≈ $91.35K |
-71.07% |
| 2002-12-31 | CA$436.53K ≈ $315.78K |
-34.85% |
| 2001-12-31 | CA$670.02K ≈ $484.68K |
+14.45% |
| 2000-12-31 | CA$585.43K ≈ $423.49K |
-25.80% |
| 1999-12-31 | CA$788.96K ≈ $570.72K |
-22.45% |
| 1998-12-31 | CA$1.02 Million ≈ $735.90K |
-38.26% |
| 1997-12-31 | CA$1.65 Million ≈ $1.19 Million |
+41.93% |
| 1996-12-31 | CA$1.16 Million ≈ $839.80K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Canacol 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 10657949296.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CA$105.35 Million | 32.80% |
| Common Stock | CA$146.17 Million | 45.52% |
| Other Comprehensive Income | CA$69.63 Million | 21.68% |
| Total Equity | CA$321.14 Million | 100.00% |
Canacol Energy Ltd. Competitors by Market Cap
The table below lists competitors of Canacol Energy Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hizeaero Co. Ltd
KQ:221840
|
$37.77 Million |
|
NEW STRATUS ENERGY
F:80N
|
$37.77 Million |
|
Slj Global Tbk
JK:SULI
|
$37.78 Million |
|
Silver Ridge Holdings Bhd
KLSE:0129
|
$37.78 Million |
|
New Century Logistics (BVI) Limited Ordinary Shares
NASDAQ:NCEW
|
$37.76 Million |
|
Locksley Resources Ltd
AU:LKY
|
$37.75 Million |
|
Redwood Group Ltd
TWO:8426
|
$37.75 Million |
|
OCR Group Bhd
KLSE:7071
|
$37.75 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Canacol Energy Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 351,674,000 to 321,141,000, a change of -30,533,000 (-8.7%).
- Net loss of 32,732,000 reduced equity.
- Dividend payments of 6,706,000 reduced retained earnings.
- Share repurchases of 21,000 reduced equity.
- New share issuances of 21,000 increased equity.
- Other comprehensive income increased equity by 2,172,000.
- Other factors increased equity by 6,733,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-32.73 Million | -10.19% |
| Dividends Paid | CA$6.71 Million | -2.09% |
| Share Repurchases | CA$21.00K | -0.01% |
| Share Issuances | CA$21.00K | +0.01% |
| Other Comprehensive Income | CA$2.17 Million | +0.68% |
| Other Changes | CA$6.73 Million | +2.1% |
| Total Change | CA$- | -8.68% |
Book Value vs Market Value Analysis
This analysis compares Canacol 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: 0.16x
- 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 |
|---|---|---|---|
| 1996-12-31 | CA$19.59 | CA$1.53 | x |
| 1997-12-31 | CA$21.42 | CA$1.53 | x |
| 1998-12-31 | CA$11.30 | CA$1.53 | x |
| 1999-12-31 | CA$9.03 | CA$1.53 | x |
| 2000-12-31 | CA$6.11 | CA$1.53 | x |
| 2001-12-31 | CA$6.30 | CA$1.53 | x |
| 2002-12-31 | CA$3.52 | CA$1.53 | x |
| 2003-12-31 | CA$1.03 | CA$1.53 | x |
| 2005-12-31 | CA$36.00 | CA$1.53 | x |
| 2006-12-31 | CA$28.65 | CA$1.53 | x |
| 2007-12-31 | CA$18.16 | CA$1.53 | x |
| 2008-12-31 | CA$13.12 | CA$1.53 | x |
| 2009-12-31 | CA$18.95 | CA$1.53 | x |
| 2010-12-31 | CA$21.58 | CA$1.53 | x |
| 2011-12-31 | CA$24.78 | CA$1.53 | x |
| 2012-12-31 | CA$16.47 | CA$1.53 | x |
| 2013-12-31 | CA$22.15 | CA$1.53 | x |
| 2014-12-31 | CA$15.48 | CA$1.53 | x |
| 2015-12-31 | CA$11.83 | CA$1.53 | x |
| 2016-12-31 | CA$11.20 | CA$1.53 | x |
| 2017-12-31 | CA$6.83 | CA$1.53 | x |
| 2018-12-31 | CA$5.80 | CA$1.53 | x |
| 2019-12-31 | CA$6.73 | CA$1.53 | x |
| 2020-12-31 | CA$5.74 | CA$1.53 | x |
| 2021-12-31 | CA$5.20 | CA$1.53 | x |
| 2022-12-31 | CA$8.55 | CA$1.53 | x |
| 2023-12-31 | CA$10.31 | CA$1.53 | x |
| 2024-12-31 | CA$9.41 | CA$1.53 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Canacol Energy Ltd. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -10.19%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -8.71%
- • Asset Turnover: 0.31x
- • Equity Multiplier: 3.79x
- Recent ROE (-10.19%) is above the historical average (-25.17%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | -5.56% | -100.00% | 0.06x | 1.00x | CA$-203.16K |
| 1997 | 20.83% | 250.00% | 0.07x | 1.17x | CA$178.50K |
| 1998 | -59.96% | -899.44% | 0.06x | 1.07x | CA$-711.73K |
| 1999 | -34.00% | -40036976.12% | 0.00x | 1.02x | CA$-347.14K |
| 2000 | -37.05% | -4436.28% | 0.01x | 1.02x | CA$-275.46K |
| 2001 | -7.51% | -878.89% | 0.01x | 1.03x | CA$-117.29K |
| 2002 | -70.89% | -4295.87% | 0.02x | 1.03x | CA$-353.11K |
| 2003 | -248.26% | -2878.41% | 0.08x | 1.12x | CA$-326.12K |
| 2005 | -12.81% | -171.10% | 0.06x | 1.17x | CA$-4.79 Million |
| 2006 | -21.37% | -112.97% | 0.18x | 1.06x | CA$-10.99 Million |
| 2007 | -55.81% | -325.37% | 0.05x | 3.54x | CA$-20.37 Million |
| 2008 | -25.59% | -83.68% | 0.13x | 2.28x | CA$-11.44 Million |
| 2009 | -19.05% | -94.77% | 0.14x | 1.40x | CA$-33.01 Million |
| 2010 | -13.69% | -24.31% | 0.36x | 1.58x | CA$-47.46 Million |
| 2011 | 6.37% | 10.04% | 0.45x | 1.40x | CA$-10.55 Million |
| 2012 | -51.85% | -90.42% | 0.30x | 1.93x | CA$-152.46 Million |
| 2013 | 2.48% | 4.78% | 0.27x | 1.89x | CA$-30.09 Million |
| 2014 | -31.03% | -71.13% | 0.22x | 1.96x | CA$-140.19 Million |
| 2015 | -58.58% | -190.85% | 0.14x | 2.20x | CA$-207.98 Million |
| 2016 | 6.30% | 15.98% | 0.19x | 2.10x | CA$-13.92 Million |
| 2017 | -61.90% | -93.15% | 0.23x | 2.91x | CA$-171.94 Million |
| 2018 | -10.63% | -9.82% | 0.32x | 3.43x | CA$-42.38 Million |
| 2019 | 14.11% | 14.15% | 0.32x | 3.11x | CA$9.97 Million |
| 2020 | -2.29% | -1.70% | 0.37x | 3.62x | CA$-25.48 Million |
| 2021 | 8.20% | 4.89% | 0.37x | 4.56x | CA$-3.34 Million |
| 2022 | 50.45% | 43.87% | 0.33x | 3.48x | CA$118.08 Million |
| 2023 | 24.52% | 27.31% | 0.26x | 3.51x | CA$51.07 Million |
| 2024 | -10.19% | -8.71% | 0.31x | 3.79x | CA$-64.85 Million |
Industry Comparison
This section compares Canacol 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 |
|---|---|---|---|---|
| Canacol Energy Ltd. (CNE) | CA$385.60 Million | -5.56% | 2.35x | $37.76 Million |
| 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 Canacol Energy Ltd.
Canacol Energy Ltd operates as an oil and gas company in Colombia. It engages in the exploration and development of natural gas. The company was formerly known as BrazAlta Resources Corp. and changed its name to Canacol Energy Ltd in February 2009. Canacol Energy Ltd was incorporated in 1970 and is headquartered in Calgary, Canada. Canacol Energy Ltd is a subsidiary of CDS Clearing and Depository… Read more