Journey Energy Inc (JOY) - Net Assets
Based on the latest financial reports, Journey Energy Inc (JOY) has net assets worth CA$345.12 Million CAD (≈ $249.66 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$579.50 Million ≈ $419.20 Million USD) and total liabilities (CA$234.38 Million ≈ $169.55 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 Journey Energy Inc (JOY) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$345.12 Million |
| % of Total Assets | 59.56% |
| Annual Growth Rate | 4.23% |
| 5-Year Change | N/A |
| 10-Year Change | 101.78% |
| Growth Volatility | 92.33 |
Journey Energy Inc - Net Assets Trend (2012–2024)
This chart illustrates how Journey Energy Inc's net assets have evolved over time, based on quarterly financial data. Also explore Journey Energy Inc assets under control for the complete picture of this company's asset base.
Annual Net Assets for Journey Energy Inc (2012–2024)
The table below shows the annual net assets of Journey Energy Inc from 2012 to 2024. For live valuation and market cap data, see JOY stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 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 30845800000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CA$367.99 Million | 112.70% |
| Other Comprehensive Income | CA$1.74 Million | 0.53% |
| Other Components | CA$115.23 Million | 35.29% |
| Total Equity | CA$326.53 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 |
|---|---|
|
Hana Financial 7 SPAC
KQ:230240
|
$259.11 Million |
|
Europen Endustri Insaat Sanayi ve Ticaret A.S.
IS:EUREN
|
$259.16 Million |
|
Gaotu Techedu Inc DRC
NYSE:GOTU
|
$259.22 Million |
|
Al Aqar Healthcare Reit
KLSE:5116
|
$259.28 Million |
|
Allspring Multi Sector Income Fund
NYSE MKT:ERC
|
$258.94 Million |
|
ElringKlinger AG
F:ZIL2
|
$258.83 Million |
|
Oponeo.pl SA
WAR:OPN
|
$258.82 Million |
|
In Win Development Inc
TW:6117
|
$258.77 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 2023 to 2024, total equity changed from 316,414,000 to 326,533,000, a change of 10,119,000 (3.2%).
- Net income of 5,144,000 contributed positively to equity growth.
- Share repurchases of 569,000 reduced equity.
- Other comprehensive income decreased equity by 1,337,000.
- Other factors increased equity by 6,881,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$5.14 Million | +1.58% |
| Share Repurchases | CA$569.00K | -0.17% |
| Other Comprehensive Income | CA$-1.34 Million | -0.41% |
| Other Changes | CA$6.88 Million | +2.11% |
| Total Change | CA$- | 3.20% |
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: 1.10x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 1.23x to 1.10x 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$5.68 | x |
| 2013-12-31 | CA$4.77 | CA$5.68 | x |
| 2014-12-31 | CA$7.79 | CA$5.68 | x |
| 2015-12-31 | CA$3.70 | CA$5.68 | x |
| 2016-12-31 | CA$5.04 | CA$5.68 | x |
| 2017-12-31 | CA$2.23 | CA$5.68 | x |
| 2018-12-31 | CA$1.40 | CA$5.68 | x |
| 2019-12-31 | CA$0.80 | CA$5.68 | x |
| 2020-12-31 | CA$-0.46 | CA$5.68 | x |
| 2021-12-31 | CA$1.64 | CA$5.68 | x |
| 2022-12-31 | CA$4.84 | CA$5.68 | x |
| 2023-12-31 | CA$4.78 | CA$5.68 | x |
| 2024-12-31 | CA$5.18 | CA$5.68 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Journey Energy Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 1.58%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.52%
- • Asset Turnover: 0.35x
- • Equity Multiplier: 1.79x
- Recent ROE (1.58%) is above the historical average (-14.72%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | -8.32% | -24.11% | 0.22x | 1.55x | CA$-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 |
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: $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 |
|---|---|---|---|---|
| Journey Energy Inc (JOY) | CA$345.12 Million | -8.32% | 0.68x | $259.03 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 Journey Energy Inc
Journey Energy Inc. engages in the exploration, development, and production of crude oil and natural gas in the province of Alberta, Canada. The company develops and operates power generation properties. It also sells condensates and natural gas liquids ("NGLs"). The company was formerly known as Sword Energy Inc. and changed its name to Journey Energy Inc. in July 2012. Journey Energy Inc. was i… Read more