Journey Energy Inc (JOY) - Net Assets

Latest as of March 2026: CA$350.29 Million CAD ≈ $253.39 Million USD

Based on the latest financial reports, Journey Energy Inc (JOY) has net assets worth CA$350.29 Million CAD (≈ $253.39 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$588.25 Million ≈ $425.53 Million USD) and total liabilities (CA$237.97 Million ≈ $172.14 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 JOY tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CA$350.29 Million
% of Total Assets	59.55%
Annual Growth Rate	4.56%
5-Year Change	320.95%
10-Year Change	61.36%
Growth Volatility	88.44

Journey Energy Inc - Net Assets Trend (2012–2025)

This chart illustrates how Journey Energy Inc's net assets have evolved over time, based on quarterly financial data. See Journey Energy Inc (JOY) defensive interval to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Journey Energy Inc (2012–2025)

The table below shows the annual net assets of Journey Energy Inc from 2012 to 2025. For live valuation and market cap data, see JOY stock market capitalisation.

Year	Net Assets	Change
2025-12-31	CA$354.76 Million ≈ $256.63 Million	+8.64%
2024-12-31	CA$326.53 Million ≈ $236.21 Million	+3.20%
2023-12-31	CA$316.41 Million ≈ $228.89 Million	+11.15%
2022-12-31	CA$284.68 Million ≈ $205.93 Million	+237.79%
2021-12-31	CA$84.28 Million ≈ $60.96 Million	+525.16%
2020-12-31	CA$-19.82 Million ≈ $-14.34 Million	-162.02%
2019-12-31	CA$31.96 Million ≈ $23.12 Million	-42.69%
2018-12-31	CA$55.77 Million ≈ $40.34 Million	-49.31%
2017-12-31	CA$110.03 Million ≈ $79.59 Million	-49.96%
2016-12-31	CA$219.86 Million ≈ $159.04 Million	+35.86%
2015-12-31	CA$161.83 Million ≈ $117.06 Million	-41.09%
2014-12-31	CA$274.69 Million ≈ $198.70 Million	+33.67%
2013-12-31	CA$205.50 Million ≈ $148.66 Million	+3.41%
2012-12-31	CA$198.72 Million ≈ $143.75 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Journey Energy Inc'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 33438000000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Common Stock	CA$371.18 Million	104.63%
Other Comprehensive Income	CA$1.74 Million	0.49%
Other Components	CA$114.34 Million	32.23%
Total Equity	CA$354.76 Million	100.00%

Journey Energy Inc Competitors by Market Cap

The table below lists competitors of Journey Energy Inc ranked by their market capitalization.

Company	Market Cap
Stove Kraft Limited NSE:STOVEKRAFT	$236.76 Million
Apollo Pipes Limited NSE:APOLLOPIPE	$236.79 Million
GDI Property Group AU:GDI	$236.81 Million
SITKA GOLD CORP F:1RF	$236.82 Million
technotrans SE F:TTR1	$236.59 Million
Soosan Industries Co. Ltd. KO:126720	$236.54 Million
Coincheck Group N.V. Ordinary Shares NASDAQ:CNCK	$236.51 Million
Pennar Industries Limited NSE:PENIND	$236.44 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 326,533,000 to 354,758,000, a change of 28,225,000 (8.6%).
Net income of 25,922,000 contributed positively to equity growth.
Share repurchases of 899,000 reduced equity.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CA$25.92 Million	+7.31%
Share Repurchases	CA$899.00K	-0.25%
Other Changes	CA$3.20 Million	+0.9%
Total Change	CA$-	8.64%

Book Value vs Market Value Analysis

This analysis compares Journey Energy Inc'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: 0.93x
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 1.05x to 0.93x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2012-12-31	CA$4.62	CA$4.85	x
2013-12-31	CA$4.77	CA$4.85	x
2014-12-31	CA$7.79	CA$4.85	x
2015-12-31	CA$3.70	CA$4.85	x
2016-12-31	CA$5.04	CA$4.85	x
2017-12-31	CA$2.23	CA$4.85	x
2018-12-31	CA$1.40	CA$4.85	x
2019-12-31	CA$0.80	CA$4.85	x
2020-12-31	CA$-0.46	CA$4.85	x
2021-12-31	CA$1.64	CA$4.85	x
2022-12-31	CA$4.84	CA$4.85	x
2023-12-31	CA$4.78	CA$4.85	x
2024-12-31	CA$5.18	CA$4.85	x
2025-12-31	CA$5.23	CA$4.85	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Journey Energy Inc 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): 7.31%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 15.10%
• Asset Turnover: 0.30x
• Equity Multiplier: 1.62x
Recent ROE (7.31%) is above the historical average (-13.15%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2012	-8.32%	-24.11%	0.22x	1.55x	CA$-36.41 Million
2013	2.11%	4.38%	0.27x	1.81x	CA$-16.22 Million
2014	-32.85%	-43.06%	0.37x	2.05x	CA$-117.69 Million
2015	-68.80%	-92.85%	0.27x	2.79x	CA$-127.52 Million
2016	23.92%	60.29%	0.18x	2.20x	CA$30.61 Million
2017	-120.90%	-120.83%	0.26x	3.79x	CA$-144.02 Million
2018	-67.15%	-32.55%	0.30x	6.83x	CA$-43.02 Million
2019	-98.11%	-28.72%	0.32x	10.79x	CA$-34.55 Million
2020	0.00%	-83.38%	0.24x	0.00x	CA$-54.64 Million
2021	117.63%	80.05%	0.35x	4.24x	CA$90.71 Million
2022	54.52%	65.88%	0.37x	2.25x	CA$126.73 Million
2023	5.00%	8.46%	0.31x	1.93x	CA$-15.82 Million
2024	1.58%	2.52%	0.35x	1.79x	CA$-27.51 Million
2025	7.31%	15.10%	0.30x	1.62x	CA$-9.55 Million

Industry Comparison

This section compares Journey Energy Inc'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: $468,854,611
Average return on equity (ROE) among peers: -17.80%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Journey Energy Inc (JOY)	CA$350.29 Million	-8.32%	0.68x	$236.75 Million
Advantage Oil & Gas Ltd. (AAV)	$1.56 Billion	21.64%	0.42x	$1.17 Billion
Africa Energy Corp (AFE)	$265.56 Million	18.32%	0.01x	$67.59 Million
Alvopetro Energy (ALV)	$95.37 Million	24.22%	0.47x	$235.69 Million
Africa Oil Corp (AOI)	$24.87 Million	-14.72%	0.42x	$820.85 Million
Altima Resources Ltd (ARH)	$19.56 Million	-8.72%	0.40x	$19.37 Million
ARC Resources Ltd. (ARX)	$2.10 Billion	25.38%	0.79x	$12.87 Billion
Athabasca Oil Corp (ATH)	$567.02 Million	-127.10%	1.51x	$3.78 Billion
Altai Resources Inc. (ATI)	$22.21 Million	-2.68%	0.02x	$1.12 Million
Avanti Energy Inc (AVN)	$2.38 Million	-86.78%	0.06x	$24.04 Million
Arrow Exploration Corp (AXL)	$27.18 Million	-27.59%	0.08x	$102.36 Million

About Journey Energy Inc

TO:JOY Canada Oil & Gas E&P

Market Cap

$236.75 Million

CA$327.28 Million CAD

Market Cap Rank

#15990 Global

#487 in Canada

Share Price

CA$4.85

Change (1 day)

-5.09%

52-Week Range

CA$1.90 - CA$6.63

All Time High

CA$7.71