Pine Cliff Energy Ltd (PNE) - Net Assets
Based on the latest financial reports, Pine Cliff Energy Ltd (PNE) has net assets worth CA$32.52 Million CAD (≈ $23.52 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$338.68 Million ≈ $245.00 Million USD) and total liabilities (CA$306.16 Million ≈ $221.47 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 PNE asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$32.52 Million |
| % of Total Assets | 9.6% |
| Annual Growth Rate | 143.64% |
| 5-Year Change | N/A |
| 10-Year Change | -76.82% |
| Growth Volatility | 114113735.84 |
Pine Cliff Energy Ltd - Net Assets Trend (2004–2024)
This chart illustrates how Pine Cliff Energy Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Pine Cliff Energy Ltd assets under control for the complete picture of this company's asset base.
Annual Net Assets for Pine Cliff Energy Ltd (2004–2024)
The table below shows the annual net assets of Pine Cliff Energy Ltd from 2004 to 2024. For live valuation and market cap data, see PNE company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 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 |
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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 24583100000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CA$278.98 Million | 513.55% |
| Other Comprehensive Income | CA$-249.00K | -0.46% |
| Other Components | CA$21.42 Million | 39.43% |
| Total Equity | CA$54.32 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 |
|---|---|
|
Global Mediacom Tbk
JK:BMTR
|
$160.98 Million |
|
Metsa Board Oyj A
HE:METSA
|
$161.07 Million |
|
Boab Metals Ltd
AU:BML
|
$161.08 Million |
|
Lotte Chemical Titan Tbk PT
JK:FPNI
|
$161.13 Million |
|
AJ Networks Co Ltd
KO:095570
|
$160.73 Million |
|
Dohwa Engin
KO:002150
|
$160.66 Million |
|
Hsinli Chemical Industrial
TWO:4303
|
$160.65 Million |
|
Goodway Machine Corp
TW:1583
|
$160.62 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pine Cliff Energy Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 99,928,000 to 54,324,000, a change of -45,604,000 (-45.6%).
- Net loss of 21,446,000 reduced equity.
- Dividend payments of 25,597,000 reduced retained earnings.
- Share repurchases of 53,000 reduced equity.
- Other comprehensive income decreased equity by 25,000.
- Other factors increased equity by 1,517,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-21.45 Million | -39.48% |
| Dividends Paid | CA$25.60 Million | -47.12% |
| Share Repurchases | CA$53.00K | -0.1% |
| Other Comprehensive Income | CA$-25.00K | -0.05% |
| Other Changes | CA$1.52 Million | +2.79% |
| Total Change | CA$- | -45.64% |
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: 4.08x
- 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 4.70x to 4.08x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | CA$0.13 | CA$0.62 | x |
| 2006-12-31 | CA$0.11 | CA$0.62 | x |
| 2007-12-31 | CA$0.27 | CA$0.62 | x |
| 2008-12-31 | CA$0.09 | CA$0.62 | x |
| 2009-12-31 | CA$0.04 | CA$0.62 | x |
| 2010-12-31 | CA$0.05 | CA$0.62 | x |
| 2011-12-31 | CA$0.04 | CA$0.62 | x |
| 2012-12-31 | CA$0.90 | CA$0.62 | x |
| 2013-12-31 | CA$0.72 | CA$0.62 | x |
| 2014-12-31 | CA$0.89 | CA$0.62 | x |
| 2015-12-31 | CA$0.98 | CA$0.62 | x |
| 2016-12-31 | CA$0.64 | CA$0.62 | x |
| 2017-12-31 | CA$0.42 | CA$0.62 | x |
| 2018-12-31 | CA$0.20 | CA$0.62 | x |
| 2019-12-31 | CA$0.03 | CA$0.62 | x |
| 2020-12-31 | CA$-0.11 | CA$0.62 | x |
| 2021-12-31 | CA$0.13 | CA$0.62 | x |
| 2022-12-31 | CA$0.37 | CA$0.62 | x |
| 2023-12-31 | CA$0.28 | CA$0.62 | x |
| 2024-12-31 | CA$0.15 | CA$0.62 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pine Cliff Energy Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -39.48%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -10.96%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 7.02x
- Recent ROE (-39.48%) is above the historical average (-44.35%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | -6.44% | -51.91% | 0.12x | 1.03x | CA$-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 |
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: $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 |
|---|---|---|---|---|
| Pine Cliff Energy Ltd (PNE) | CA$32.52 Million | -6.44% | 9.42x | $160.92 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 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 primarily holds interest in oil and gas properties in the Sundre, Viking, and Ghost Pine area of Central Alberta, as well as in the Southern Alberta, Southern Saskatchewan, and Edson areas. The company was incorporated in 2004 and i… Read more