Pine Cliff Energy Ltd Net Assets
Pine Cliff Energy Ltd net assets. Based on the latest financial reports, Pine Cliff Energy Ltd (PNE) has net assets worth CA$27.13 Million CAD (≈ $19.62 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$316.35 Million ≈ $228.84 Million USD) and total liabilities (CA$289.22 Million ≈ $209.22 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 how fast is Pine Cliff Energy Ltd growing its equity to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$27.13 Million |
| % of Total Assets | 8.58% |
| Annual Growth Rate | 128.84% |
| 5-Year Change | -21.93% |
| 10-Year Change | -81.89% |
| Growth Volatility | 111378684.78 |
Net Assets of Pine Cliff Energy Ltd (2004–2025)
Net assets of Pine Cliff Energy Ltd from 2004 to 2025. This chart illustrates how Pine Cliff Energy Ltd's net assets have evolved over time, based on quarterly financial data. See Pine Cliff Energy Ltd balance sheet quality to measure how much of total assets are equity-financed.
Annual Net Assets for Pine Cliff Energy Ltd (2004–2025)
The table below shows the annual net assets of Pine Cliff Energy Ltd from 2004 to 2025. For live market cap and overall valuation, see market value of Pine Cliff Energy Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CA$35.46 Million ≈ $25.65 Million |
-34.73% |
| 2024-12-31 | CA$54.32 Million ≈ $39.30 Million |
-45.64% |
| 2023-12-31 | CA$99.93 Million ≈ $72.29 Million |
-25.28% |
| 2022-12-31 | CA$133.73 Million ≈ $96.74 Million |
+194.44% |
| 2021-12-31 | CA$45.42 Million ≈ $32.85 Million |
+221.71% |
| 2020-12-31 | CA$-37.32 Million ≈ $-26.99 Million |
-455.06% |
| 2019-12-31 | CA$10.51 Million ≈ $7.60 Million |
-82.76% |
| 2018-12-31 | CA$60.97 Million ≈ $44.11 Million |
-52.77% |
| 2017-12-31 | CA$129.09 Million ≈ $93.38 Million |
-34.05% |
| 2016-12-31 | CA$195.76 Million ≈ $141.61 Million |
-16.49% |
| 2015-12-31 | CA$234.41 Million ≈ $169.57 Million |
+25.25% |
| 2014-12-31 | CA$187.15 Million ≈ $135.38 Million |
+45.05% |
| 2013-12-31 | CA$129.02 Million ≈ $93.33 Million |
+81.67% |
| 2012-12-31 | CA$71.02 Million ≈ $51.38 Million |
+3117.79% |
| 2011-12-31 | CA$2.21 Million ≈ $1.60 Million |
-13.59% |
| 2010-12-31 | CA$2.55 Million ≈ $1.85 Million |
+8.05% |
| 2009-12-31 | CA$2.36 Million ≈ $1.71 Million |
-53.14% |
| 2008-12-31 | CA$5.04 Million ≈ $3.65 Million |
-58.75% |
| 2007-12-31 | CA$12.23 Million ≈ $8.85 Million |
+188.47% |
| 2006-12-31 | CA$4.24 Million ≈ $3.07 Million |
-17.04% |
| 2005-12-31 | CA$5.11 Million ≈ $3.70 Million |
+511040600.00% |
| 2004-12-31 | CA$1.00 ≈ $0.72 |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Pine Cliff 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 26731300000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Pine Cliff Energy Ltd Net Assets Breakdown (December 2025)
Pine Cliff Energy Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CA$279.26 Million | 787.57% |
| Other Comprehensive Income | CA$-249.00K | -0.70% |
| Other Components | CA$23.76 Million | 67.00% |
| Total Equity | CA$35.46 Million | 100.00% |
Pine Cliff Energy Ltd Competitors by Market Cap
The table below lists competitors of Pine Cliff Energy Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kustur Kusadasi Turizm Endustrisi AS
IS:KSTUR
|
$135.00 Million |
|
C&C International Corp.
KQ:352480
|
$135.09 Million |
|
Wah Seong Corporation Bhd
KLSE:5142
|
$135.11 Million |
|
Satellos Bioscience Inc. Common Stock
NASDAQ:MSLE
|
$135.15 Million |
|
HAPPY BELLY FOOD GRO.INC.
F:W3J
|
$134.93 Million |
|
Tai-Saw Technology Co Ltd
TWO:3221
|
$134.88 Million |
|
Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS Class B
IS:KRDMB
|
$134.86 Million |
|
Huons Co. Ltd
KQ:243070
|
$134.79 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pine Cliff Energy Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 54,324,000 to 35,459,000, a change of -18,865,000 (-34.7%).
- Net loss of 12,074,000 reduced equity.
- Dividend payments of 9,408,000 reduced retained earnings.
- Share repurchases of 90,000 reduced equity.
- Other factors increased equity by 2,707,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-12.07 Million | -34.05% |
| Dividends Paid | CA$9.41 Million | -26.53% |
| Share Repurchases | CA$90.00K | -0.25% |
| Other Changes | CA$2.71 Million | +7.63% |
| Total Change | CA$- | -34.73% |
Book Value vs Market Value Analysis
This analysis compares Pine Cliff 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: 5.26x
- 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 increased from 3.95x to 5.26x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | CA$0.13 | CA$0.52 | x |
| 2006-12-31 | CA$0.11 | CA$0.52 | x |
| 2007-12-31 | CA$0.27 | CA$0.52 | x |
| 2008-12-31 | CA$0.09 | CA$0.52 | x |
| 2009-12-31 | CA$0.04 | CA$0.52 | x |
| 2010-12-31 | CA$0.05 | CA$0.52 | x |
| 2011-12-31 | CA$0.04 | CA$0.52 | x |
| 2012-12-31 | CA$0.90 | CA$0.52 | x |
| 2013-12-31 | CA$0.72 | CA$0.52 | x |
| 2014-12-31 | CA$0.89 | CA$0.52 | x |
| 2015-12-31 | CA$0.98 | CA$0.52 | x |
| 2016-12-31 | CA$0.64 | CA$0.52 | x |
| 2017-12-31 | CA$0.42 | CA$0.52 | x |
| 2018-12-31 | CA$0.20 | CA$0.52 | x |
| 2019-12-31 | CA$0.03 | CA$0.52 | x |
| 2020-12-31 | CA$-0.11 | CA$0.52 | x |
| 2021-12-31 | CA$0.13 | CA$0.52 | x |
| 2022-12-31 | CA$0.37 | CA$0.52 | x |
| 2023-12-31 | CA$0.28 | CA$0.52 | x |
| 2024-12-31 | CA$0.15 | CA$0.52 | x |
| 2025-12-31 | CA$0.10 | CA$0.52 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pine Cliff Energy Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -34.05%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -7.37%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 9.06x
- Recent ROE (-34.05%) is above the historical average (-43.86%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | -6.44% | -51.91% | 0.12x | 1.03x | CA$-840.10K |
| 2006 | -23.93% | -153.47% | 0.15x | 1.06x | CA$-1.44 Million |
| 2007 | -11.32% | -236.98% | 0.05x | 1.02x | CA$-2.60 Million |
| 2008 | -149.50% | -1066.72% | 0.13x | 1.10x | CA$-8.05 Million |
| 2009 | -119.39% | -544.42% | 0.15x | 1.47x | CA$-3.06 Million |
| 2010 | 2.26% | 4.24% | 0.47x | 1.15x | CA$-197.62K |
| 2011 | -9.34% | -23.80% | 0.36x | 1.08x | CA$-426.82K |
| 2012 | -1.51% | -14.19% | 0.09x | 1.14x | CA$-8.17 Million |
| 2013 | 8.46% | 29.55% | 0.20x | 1.40x | CA$-1.99 Million |
| 2014 | -1.04% | -2.48% | 0.19x | 2.19x | CA$-20.66 Million |
| 2015 | -10.35% | -30.76% | 0.12x | 2.73x | CA$-47.70 Million |
| 2016 | -25.74% | -42.47% | 0.24x | 2.51x | CA$-69.96 Million |
| 2017 | -52.57% | -56.09% | 0.30x | 3.14x | CA$-80.77 Million |
| 2018 | -119.26% | -67.72% | 0.30x | 5.81x | CA$-78.82 Million |
| 2019 | -597.81% | -59.83% | 0.32x | 30.80x | CA$-63.88 Million |
| 2020 | 0.00% | -51.62% | 0.37x | 0.00x | CA$-51.66 Million |
| 2021 | 179.27% | 48.55% | 0.44x | 8.34x | CA$76.88 Million |
| 2022 | 81.46% | 35.14% | 0.83x | 2.80x | CA$95.57 Million |
| 2023 | 9.13% | 5.17% | 0.37x | 4.77x | CA$-871.80K |
| 2024 | -39.48% | -10.96% | 0.51x | 7.02x | CA$-26.88 Million |
| 2025 | -34.05% | -7.37% | 0.51x | 9.06x | CA$-15.62 Million |
Industry Comparison
This section compares Pine Cliff 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: $1,114,282,654
- Average return on equity (ROE) among peers: -1.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pine Cliff Energy Ltd (PNE) | CA$27.13 Million | -6.44% | 10.66x | $134.96 Million |
| Advantage Oil & Gas Ltd. (AAV) | $1.63 Billion | 1.33% | 0.80x | $1.39 Billion |
| Africa Energy Corp (AFE) | $189.46K | 0.00% | 0.21x | $62.39 Million |
| Alvopetro Energy (ALV) | $79.36 Million | 20.53% | 0.27x | $252.37 Million |
| Africa Oil Corp (AOI) | $766.70 Million | -18.68% | 0.06x | $820.85 Million |
| Altima Resources Ltd (ARH) | $-2.40 Million | 0.00% | 0.00x | $19.37 Million |
| ARC Resources Ltd. (ARX) | $7.43 Billion | 21.49% | 0.67x | $14.12 Billion |
| Athabasca Oil Corp (ATH) | $1.22 Billion | 15.08% | 0.72x | $4.13 Billion |
| Altai Resources Inc. (ATI) | $4.45 Million | -2.56% | 0.07x | $1.12 Million |
| Avanti Energy Inc (AVN) | $4.20 Million | -21.20% | 0.20x | $24.04 Million |
| Arrow Exploration Corp (AXL) | $8.30 Million | -34.04% | 0.16x | $144.75 Million |
About Pine Cliff Energy Ltd
Pine Cliff Energy Ltd. engages in the acquisition, exploration, development, and production of natural gas and crude oil in the Western Canadian Sedimentary Basin. It owns working interest production in the Sundre, Ghost Pine, and Viking areas of Central Alberta, as well as in Caroline Alberta, Southern Alberta, Southern Saskatchewan, and Edson in Western Central Alberta. The company was incorpor… Read more