NuVista Energy Ltd. (NVA) - Net Assets
Based on the latest financial reports, NuVista Energy Ltd. (NVA) has net assets worth CA$2.45 Billion CAD (≈ $1.77 Billion 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$3.67 Billion ≈ $2.66 Billion USD) and total liabilities (CA$1.23 Billion ≈ $889.27 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 NVA financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$2.45 Billion |
| % of Total Assets | 66.54% |
| Annual Growth Rate | 18.14% |
| 5-Year Change | 103.47% |
| 10-Year Change | 273.86% |
| Growth Volatility | 37.99 |
NuVista Energy Ltd. - Net Assets Trend (2003–2024)
This chart illustrates how NuVista Energy Ltd.'s net assets have evolved over time, based on quarterly financial data. Also explore NVA current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for NuVista Energy Ltd. (2003–2024)
The table below shows the annual net assets of NuVista Energy Ltd. from 2003 to 2024. For live valuation and market cap data, see NuVista Energy Ltd. market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$2.35 Billion ≈ $1.70 Billion |
+11.30% |
| 2023-12-31 | CA$2.12 Billion ≈ $1.53 Billion |
+9.28% |
| 2022-12-31 | CA$1.94 Billion ≈ $1.40 Billion |
+34.80% |
| 2021-12-31 | CA$1.44 Billion ≈ $1.04 Billion |
+24.11% |
| 2020-12-31 | CA$1.16 Billion ≈ $836.88 Million |
-14.23% |
| 2019-12-31 | CA$1.35 Billion ≈ $975.67 Million |
-4.00% |
| 2018-12-31 | CA$1.41 Billion ≈ $1.02 Billion |
+62.70% |
| 2017-12-31 | CA$863.58 Million ≈ $624.70 Million |
+14.23% |
| 2016-12-31 | CA$756.03 Million ≈ $546.90 Million |
+20.07% |
| 2015-12-31 | CA$629.64 Million ≈ $455.47 Million |
-8.44% |
| 2014-12-31 | CA$687.65 Million ≈ $497.43 Million |
-2.85% |
| 2013-12-31 | CA$707.79 Million ≈ $512.01 Million |
+7.89% |
| 2012-12-31 | CA$656.06 Million ≈ $474.58 Million |
-13.17% |
| 2011-12-31 | CA$755.55 Million ≈ $546.55 Million |
-16.08% |
| 2010-12-31 | CA$900.33 Million ≈ $651.29 Million |
-2.11% |
| 2009-12-31 | CA$919.69 Million ≈ $665.29 Million |
+13.36% |
| 2008-12-31 | CA$811.30 Million ≈ $586.88 Million |
+119.10% |
| 2007-12-31 | CA$370.29 Million ≈ $267.86 Million |
+24.88% |
| 2006-12-31 | CA$296.51 Million ≈ $214.49 Million |
+16.00% |
| 2005-12-31 | CA$255.60 Million ≈ $184.90 Million |
+122.05% |
| 2004-12-31 | CA$115.11 Million ≈ $83.27 Million |
+61.99% |
| 2003-12-31 | CA$71.06 Million ≈ $51.41 Million |
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Equity Component Analysis
This analysis shows how different components contribute to NuVista 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 21329.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CA$1.21 Billion | 51.60% |
| Common Stock | CA$1.09 Billion | 46.39% |
| Other Components | CA$47.34 Million | 2.01% |
| Total Equity | CA$2.35 Billion | 100.00% |
NuVista Energy Ltd. Competitors by Market Cap
The table below lists competitors of NuVista Energy Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Xinxing Ductile Iron Pipes Co Ltd
SHE:000778
|
$2.67 Billion |
|
Kunshan Dongwei Technology Co Ltd
SHG:688700
|
$2.67 Billion |
|
Sichuan Teway Food Group Co Ltd
SHG:603317
|
$2.67 Billion |
|
Grand Plastic Technology
TWO:3131
|
$2.67 Billion |
|
FRASERS PROPERTY
F:1IQ
|
$2.67 Billion |
|
Angang Steel Co Ltd Class A
SHE:000898
|
$2.67 Billion |
|
Endeavour Silver Corp.
TO:EDR
|
$2.67 Billion |
|
HEXPOL AB (publ)
ST:HPOL-B
|
$2.67 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in NuVista Energy Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,115,032,000 to 2,353,980,000, a change of 238,948,000 (11.3%).
- Net income of 305,718,000 contributed positively to equity growth.
- Share repurchases of 74,375,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$305.72 Million | +12.99% |
| Share Repurchases | CA$74.38 Million | -3.16% |
| Other Changes | CA$7.61 Million | +0.32% |
| Total Change | CA$- | 11.30% |
Book Value vs Market Value Analysis
This analysis compares NuVista 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: 1.69x
- 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 10.05x to 1.69x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-12-31 | CA$1.90 | CA$19.04 | x |
| 2004-12-31 | CA$2.89 | CA$19.04 | x |
| 2005-12-31 | CA$5.63 | CA$19.04 | x |
| 2006-12-31 | CA$5.97 | CA$19.04 | x |
| 2007-12-31 | CA$7.17 | CA$19.04 | x |
| 2008-12-31 | CA$10.81 | CA$19.04 | x |
| 2009-12-31 | CA$11.00 | CA$19.04 | x |
| 2010-12-31 | CA$10.16 | CA$19.04 | x |
| 2011-12-31 | CA$7.74 | CA$19.04 | x |
| 2012-12-31 | CA$6.49 | CA$19.04 | x |
| 2013-12-31 | CA$5.88 | CA$19.04 | x |
| 2014-12-31 | CA$5.04 | CA$19.04 | x |
| 2015-12-31 | CA$4.24 | CA$19.04 | x |
| 2016-12-31 | CA$4.79 | CA$19.04 | x |
| 2017-12-31 | CA$4.97 | CA$19.04 | x |
| 2018-12-31 | CA$7.35 | CA$19.04 | x |
| 2019-12-31 | CA$5.98 | CA$19.04 | x |
| 2020-12-31 | CA$5.13 | CA$19.04 | x |
| 2021-12-31 | CA$6.16 | CA$19.04 | x |
| 2022-12-31 | CA$8.20 | CA$19.04 | x |
| 2023-12-31 | CA$9.51 | CA$19.04 | x |
| 2024-12-31 | CA$11.27 | CA$19.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently NuVista Energy Ltd. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 12.99%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 25.16%
- • Asset Turnover: 0.35x
- • Equity Multiplier: 1.47x
- Recent ROE (12.99%) is above the historical average (2.48%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 7.98% | 22.55% | 0.27x | 1.29x | CA$-1.44 Million |
| 2004 | 15.92% | 23.08% | 0.46x | 1.51x | CA$6.81 Million |
| 2005 | 15.46% | 23.28% | 0.39x | 1.69x | CA$13.95 Million |
| 2006 | 11.90% | 18.32% | 0.33x | 1.99x | CA$5.63 Million |
| 2007 | 7.11% | 12.40% | 0.31x | 1.84x | CA$-10.70 Million |
| 2008 | 10.87% | 17.11% | 0.37x | 1.73x | CA$7.07 Million |
| 2009 | 0.27% | 0.74% | 0.22x | 1.69x | CA$-89.49 Million |
| 2010 | -1.55% | -3.83% | 0.23x | 1.77x | CA$-104.02 Million |
| 2011 | -19.03% | -41.30% | 0.25x | 1.82x | CA$-219.35 Million |
| 2012 | -29.75% | -80.66% | 0.28x | 1.34x | CA$-260.81 Million |
| 2013 | -8.64% | -28.64% | 0.24x | 1.28x | CA$-131.92 Million |
| 2014 | -8.56% | -22.72% | 0.25x | 1.49x | CA$-127.65 Million |
| 2015 | -27.46% | -76.62% | 0.23x | 1.56x | CA$-235.89 Million |
| 2016 | -0.22% | -0.64% | 0.27x | 1.27x | CA$-77.26 Million |
| 2017 | 10.93% | 24.98% | 0.32x | 1.37x | CA$8.01 Million |
| 2018 | 9.70% | 24.51% | 0.25x | 1.55x | CA$-4.26 Million |
| 2019 | -4.73% | -11.38% | 0.24x | 1.73x | CA$-198.71 Million |
| 2020 | -17.10% | -46.60% | 0.20x | 1.87x | CA$-313.57 Million |
| 2021 | 18.43% | 29.90% | 0.37x | 1.67x | CA$121.09 Million |
| 2022 | 32.60% | 36.14% | 0.62x | 1.46x | CA$437.50 Million |
| 2023 | 17.38% | 29.11% | 0.41x | 1.45x | CA$156.17 Million |
| 2024 | 12.99% | 25.16% | 0.35x | 1.47x | CA$70.32 Million |
Industry Comparison
This section compares NuVista 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 |
|---|---|---|---|---|
| NuVista Energy Ltd. (NVA) | CA$2.45 Billion | 7.98% | 0.50x | $2.67 Billion |
| 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 NuVista Energy Ltd.
NuVista Energy Ltd., together with its subsidiaries, engages in the exploration, development, and production of oil and natural gas reserves in the Western Canadian Sedimentary Basin. The company is also involved in the development, delineation, and production of condensate, natural gas liquids, and natural gas reserves. It focuses on the condensate-rich Montney formation in the Pipestone and Wap… Read more