Cavvy Energy Ltd.
Cavvy Energy Ltd. operates as an integrated midstream and upstream energy company in Canada. It develops, produces, and processes natural gas, natural gas liquids, condensate, and sulphur. The company was formerly known as Pieridae Energy Limited and changed its name to Cavvy Energy Ltd. in May 2025. The company is based in Calgary, Canada.
Cavvy Energy Ltd. (CVVY) - Net Assets
Latest net assets as of September 2025: CA$137.95 Million CAD
Based on the latest financial reports, Cavvy Energy Ltd. (CVVY) has net assets worth CA$137.95 Million CAD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$536.27 Million) and total liabilities (CA$398.33 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$137.95 Million |
| % of Total Assets | 25.72% |
| Annual Growth Rate | 35.04% |
| 5-Year Change | 3741.88% |
| 10-Year Change | 126.54% |
| Growth Volatility | 311.74 |
Cavvy Energy Ltd. - Net Assets Trend (2004–2024)
This chart illustrates how Cavvy 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 Cavvy Energy Ltd. (2004–2024)
The table below shows the annual net assets of Cavvy Energy Ltd. from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$168.43 Million | -3.43% |
| 2023-12-31 | CA$174.41 Million | +51.98% |
| 2022-12-31 | CA$114.76 Million | +445.55% |
| 2021-12-31 | CA$-33.21 Million | -857.53% |
| 2020-12-31 | CA$4.38 Million | -95.80% |
| 2019-12-31 | CA$104.31 Million | +13.70% |
| 2018-12-31 | CA$91.75 Million | +54.56% |
| 2017-12-31 | CA$59.36 Million | +448.27% |
| 2016-12-31 | CA$-17.05 Million | -122.93% |
| 2015-12-31 | CA$74.35 Million | +6.06% |
| 2014-12-31 | CA$70.10 Million | +44.14% |
| 2013-12-31 | CA$48.63 Million | +2.04% |
| 2012-12-31 | CA$47.66 Million | +39.76% |
| 2011-12-31 | CA$34.10 Million | +28.18% |
| 2010-12-31 | CA$26.61 Million | +24.04% |
| 2009-12-31 | CA$21.45 Million | -3.36% |
| 2008-12-31 | CA$22.19 Million | +105.84% |
| 2007-12-31 | CA$10.78 Million | +47.11% |
| 2006-12-31 | CA$7.33 Million | +63.24% |
| 2005-12-31 | CA$4.49 Million | +984.63% |
| 2004-12-31 | CA$413.94K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Cavvy 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 20799485900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CA$306.31 Million | 181.86% |
| Other Comprehensive Income | CA$55.16 Million | 32.75% |
| Other Components | CA$14.98 Million | 8.90% |
| Total Equity | CA$168.43 Million | 100.00% |
Cavvy Energy Ltd. Competitors by Market Cap
The table below lists competitors of Cavvy Energy Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Solution Advanced Technology Co. Ltd.
KO:351320
|
$8.09K |
|
BacKan Mineral Joint Stock Corp
VN:BKC
|
$8.09K |
|
Hansard Global Plc
LSE:HSD
|
$8.09K |
|
NEW GUINEA ENERGY
MU:TTU
|
$8.10K |
|
SHENZHEN EXPRE-H-
MU:SHZH
|
$8.08K |
|
Avax One Technology Ltd.
NASDAQ:AVX
|
$8.08K |
|
Orilina Properties REIC S.A.
AT:ORILINA
|
$8.08K |
|
EAPBF
OTCGREY:EAPBF
|
$8.08K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cavvy Energy Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 174,747,000 to 168,428,000, a change of -6,319,000 (-3.6%).
- Net loss of 38,905,000 reduced equity.
- Share repurchases of 33,491,000 reduced equity.
- Other comprehensive income increased equity by 770,000.
- Other factors increased equity by 65,307,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-38.91 Million | -23.1% |
| Share Repurchases | CA$33.49 Million | -19.88% |
| Other Comprehensive Income | CA$770.00K | +0.46% |
| Other Changes | CA$65.31 Million | +38.77% |
| Total Change | CA$- | -3.62% |
Book Value vs Market Value Analysis
This analysis compares Cavvy 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: 1.42x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.86x to 1.42x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | CA$1.45 | CA$1.25 | x |
| 2005-12-31 | CA$4.74 | CA$1.25 | x |
| 2006-12-31 | CA$3.50 | CA$1.25 | x |
| 2007-12-31 | CA$3.21 | CA$1.25 | x |
| 2008-12-31 | CA$7.56 | CA$1.25 | x |
| 2009-12-31 | CA$6.32 | CA$1.25 | x |
| 2010-12-31 | CA$6.58 | CA$1.25 | x |
| 2011-12-31 | CA$7.78 | CA$1.25 | x |
| 2012-12-31 | CA$9.58 | CA$1.25 | x |
| 2013-12-31 | CA$7.70 | CA$1.25 | x |
| 2014-12-31 | CA$11.33 | CA$1.25 | x |
| 2015-12-31 | CA$10.93 | CA$1.25 | x |
| 2016-12-31 | CA$-1.09 | CA$1.25 | x |
| 2017-12-31 | CA$1.59 | CA$1.25 | x |
| 2018-12-31 | CA$1.79 | CA$1.25 | x |
| 2019-12-31 | CA$1.06 | CA$1.25 | x |
| 2020-12-31 | CA$0.03 | CA$1.25 | x |
| 2021-12-31 | CA$-0.21 | CA$1.25 | x |
| 2022-12-31 | CA$0.71 | CA$1.25 | x |
| 2023-12-31 | CA$0.97 | CA$1.25 | x |
| 2024-12-31 | CA$0.88 | CA$1.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cavvy Energy Ltd. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -23.10%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -17.46%
- • Asset Turnover: 0.36x
- • Equity Multiplier: 3.64x
- Recent ROE (-23.10%) is above the historical average (-104.53%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | -6.21% | -3676.68% | 0.00x | 1.42x | CA$-67.09K |
| 2005 | -3.39% | -111.23% | 0.02x | 1.25x | CA$-601.13K |
| 2006 | -6.52% | -38480.27% | 0.00x | 1.29x | CA$-1.21 Million |
| 2007 | -3.70% | -544.45% | 0.00x | 1.64x | CA$-1.07 Million |
| 2008 | -3.49% | -303.53% | 0.01x | 1.21x | CA$-2.99 Million |
| 2009 | -3.99% | -457.31% | 0.01x | 1.12x | CA$-3.00 Million |
| 2010 | -5.11% | -5204.69% | 0.00x | 1.16x | CA$-4.02 Million |
| 2011 | 6.34% | 4817.11% | 0.00x | 1.19x | CA$-1.25 Million |
| 2012 | -6.33% | -8751.83% | 0.00x | 1.10x | CA$-7.79 Million |
| 2013 | -9.09% | -6703.86% | 0.00x | 1.08x | CA$-9.28 Million |
| 2014 | 25.08% | 61.97% | 0.34x | 1.20x | CA$10.57 Million |
| 2015 | -2.09% | -796.04% | 0.00x | 1.21x | CA$-8.99 Million |
| 2016 | 0.00% | -1897.20% | 0.01x | 0.00x | CA$-244.81K |
| 2017 | -14.84% | -9805.56% | 0.00x | 1.25x | CA$-14.77 Million |
| 2018 | -37.94% | -1277.29% | 0.01x | 4.03x | CA$-44.06 Million |
| 2019 | -68.51% | -64.68% | 0.18x | 5.77x | CA$-82.02 Million |
| 2020 | -2164.67% | -39.12% | 0.42x | 131.84x | CA$-101.06 Million |
| 2021 | 0.00% | -12.33% | 0.52x | 0.00x | CA$-36.39 Million |
| 2022 | 127.35% | 33.05% | 0.72x | 5.35x | CA$135.07 Million |
| 2023 | 5.14% | 2.44% | 0.58x | 3.65x | CA$-8.49 Million |
| 2024 | -23.10% | -17.46% | 0.36x | 3.64x | CA$-55.75 Million |
Industry Comparison
This section compares Cavvy 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: $152,163,968
- Average return on equity (ROE) among peers: -10.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Cavvy Energy Ltd. (CVVY) | CA$137.95 Million | -6.21% | 2.89x | $8.09K |
| Advantage Oil & Gas Ltd. (AAV) | $1.21 Billion | -1.70% | 0.91x | $1.14 Billion |
| Alvopetro Energy (ALV) | $55.87 Million | -9.44% | 0.28x | $190.03 Million |
| Bison Gold Resources Inc (BGE) | $899.62K | -107.98% | 0.20x | $178.53K |
| Capitan Investment Ltd (CAI) | $8.61 Million | -19.92% | 0.13x | $283.50K |
| Canada Energy Partners Inc (CE-H) | $-617.75K | 0.00% | 0.00x | $99.62K |
| Benchmark Metals Inc (CEI) | $97.08 Million | -11.50% | 0.17x | $143.60 Million |
| Columbus Energy Limited (CEL-H) | $-587.57K | 0.00% | 0.00x | $456.61K |
| Criterium Energy Ltd. (CEQ) | $109.56K | 59.85% | 0.46x | $7.89 Million |
| District Mines Ltd (DIG-H) | $-397.45K | 0.00% | 0.00x | $1.17 Million |