International Petroleum Corp (IPCO) - Net Assets
Based on the latest financial reports, International Petroleum Corp (IPCO) has net assets worth CA$927.18 Million CAD (≈ $670.71 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$1.98 Billion ≈ $1.43 Billion USD) and total liabilities (CA$1.05 Billion ≈ $759.88 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. Also explore International Petroleum Corp total assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$927.18 Million |
| % of Total Assets | 46.88% |
| Annual Growth Rate | 4.58% |
| 5-Year Change | 9.4% |
| 10-Year Change | 136.58% |
| Growth Volatility | 42.12 |
International Petroleum Corp - Net Assets Trend (2015–2025)
This chart illustrates how International Petroleum Corp's net assets have evolved over time, based on quarterly financial data. Check International Petroleum Corp tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for International Petroleum Corp (2015–2025)
The table below shows the annual net assets of International Petroleum Corp from 2015 to 2025. For live valuation and market cap data, see International Petroleum Corp (IPCO) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CA$927.18 Million ≈ $670.71 Million |
-1.31% |
| 2024-12-31 | CA$939.47 Million ≈ $679.60 Million |
-13.03% |
| 2023-12-31 | CA$1.08 Billion ≈ $781.44 Million |
+11.91% |
| 2022-12-31 | CA$965.33 Million ≈ $698.31 Million |
+13.90% |
| 2021-12-31 | CA$847.54 Million ≈ $613.10 Million |
+19.63% |
| 2020-12-31 | CA$708.45 Million ≈ $512.48 Million |
-10.41% |
| 2019-12-31 | CA$790.81 Million ≈ $572.06 Million |
+13.66% |
| 2018-12-31 | CA$695.79 Million ≈ $503.32 Million |
+126.68% |
| 2017-12-31 | CA$306.94 Million ≈ $222.04 Million |
-21.68% |
| 2016-12-31 | CA$391.91 Million ≈ $283.50 Million |
-33.87% |
| 2015-12-31 | CA$592.61 Million ≈ $428.69 Million |
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Equity Component Analysis
This analysis shows how different components contribute to International Petroleum Corp'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 89669200000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CA$896.69 Million | 96.73% |
| Other Components | CA$30.34 Million | 3.27% |
| Total Equity | CA$927.03 Million | 100.00% |
International Petroleum Corp Competitors by Market Cap
The table below lists competitors of International Petroleum Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lechwerke AG
F:LEC
|
$2.48 Billion |
|
Suzhou Nanomicro Technology Co Ltd
SHG:688690
|
$2.48 Billion |
|
MLS Co Ltd
SHE:002745
|
$2.48 Billion |
|
Exxaro Resources Ltd
JSE:EXX
|
$2.48 Billion |
|
Sichuan Shuangma Cement Co Ltd
SHE:000935
|
$2.48 Billion |
|
Margun Enerji Uretim Sanayi ve Ticaret AS
IS:MAGEN
|
$2.48 Billion |
|
Asahi India Glass Limited
NSE:ASAHIINDIA
|
$2.48 Billion |
|
Hufvudstaden AB (publ)
ST:HUFV-A
|
$2.48 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in International Petroleum Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 939,315,000 to 927,029,000, a change of -12,286,000 (-1.3%).
- Net income of 28,938,000 contributed positively to equity growth.
- Dividend payments of 16,000 reduced retained earnings.
- Share repurchases of 100,264,000 reduced equity.
- Other comprehensive income increased equity by 77,809,999.
- Other factors decreased equity by 18,753,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$28.94 Million | +3.12% |
| Dividends Paid | CA$16.00K | -0.0% |
| Share Repurchases | CA$100.26 Million | -10.82% |
| Other Comprehensive Income | CA$77.81 Million | +8.39% |
| Other Changes | CA$-18.75 Million | -2.02% |
| Total Change | CA$- | -1.31% |
Book Value vs Market Value Analysis
This analysis compares International Petroleum Corp'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: 3.70x
- 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 5.85x to 3.70x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | CA$5.23 | CA$30.58 | x |
| 2016-12-31 | CA$3.46 | CA$30.58 | x |
| 2017-12-31 | CA$3.10 | CA$30.58 | x |
| 2018-12-31 | CA$7.55 | CA$30.58 | x |
| 2019-12-31 | CA$4.75 | CA$30.58 | x |
| 2020-12-31 | CA$4.47 | CA$30.58 | x |
| 2021-12-31 | CA$5.35 | CA$30.58 | x |
| 2022-12-31 | CA$6.44 | CA$30.58 | x |
| 2023-12-31 | CA$7.98 | CA$30.58 | x |
| 2024-12-31 | CA$7.44 | CA$30.58 | x |
| 2025-12-31 | CA$8.27 | CA$30.58 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently International Petroleum Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 3.12%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.75%
- • Asset Turnover: 0.39x
- • Equity Multiplier: 2.13x
- Recent ROE (3.12%) is below the historical average (4.57%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -30.62% | -105.29% | 0.21x | 1.38x | CA$-240.86 Million |
| 2016 | -25.71% | -49.33% | 0.36x | 1.44x | CA$-140.03 Million |
| 2017 | 7.40% | 11.16% | 0.35x | 1.92x | CA$-8.00 Million |
| 2018 | 14.89% | 22.51% | 0.36x | 1.84x | CA$34.02 Million |
| 2019 | 13.10% | 17.85% | 0.43x | 1.73x | CA$24.50 Million |
| 2020 | -11.00% | -22.87% | 0.26x | 1.88x | CA$-148.77 Million |
| 2021 | 17.23% | 19.71% | 0.58x | 1.50x | CA$61.29 Million |
| 2022 | 34.99% | 29.90% | 0.67x | 1.74x | CA$241.17 Million |
| 2023 | 16.01% | 20.25% | 0.41x | 1.91x | CA$64.94 Million |
| 2024 | 10.88% | 11.19% | 0.47x | 2.08x | CA$8.27 Million |
| 2025 | 3.12% | 3.75% | 0.39x | 2.13x | CA$-63.76 Million |
Industry Comparison
This section compares International Petroleum Corp'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: $744,555,267
- Average return on equity (ROE) among peers: -15.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| International Petroleum Corp (IPCO) | CA$927.18 Million | -30.62% | 1.13x | $2.48 Billion |
| Advantage Oil & Gas Ltd. (AAV) | $1.16 Billion | 4.28% | 0.70x | $1.30 Billion |
| Africa Energy Corp (AFE) | $90.67 Million | 3.29% | 0.08x | $71.06 Million |
| Alvopetro Energy (ALV) | $88.21 Million | 32.34% | 0.25x | $256.68 Million |
| Africa Oil Corp (AOI) | $-294.80K | 0.00% | 0.00x | $820.85 Million |
| Altima Resources Ltd (ARH) | $7.61 Million | -143.99% | 1.34x | $19.37 Million |
| ARC Resources Ltd. (ARX) | $3.55 Billion | 10.72% | 0.78x | $13.53 Billion |
| Athabasca Oil Corp (ATH) | $2.48 Billion | -28.07% | 0.39x | $3.47 Billion |
| Altai Resources Inc. (ATI) | $4.64 Million | -4.40% | 0.06x | $1.12 Million |
| Avanti Energy Inc (AVN) | $1.77 Million | -30.22% | 0.01x | $24.04 Million |
| Arrow Exploration Corp (AXL) | $54.45 Million | 2.65% | 0.94x | $101.33 Million |
About International Petroleum Corp
International Petroleum Corporation explores for, develops, and produces oil and gas. The company holds a portfolio of oil and gas production assets and development projects in Canada, Malaysia, and France. International Petroleum Corporation was incorporated in 2017 and is based in Vancouver, Canada.