Questerre Energy Corporation (QEC) - Net Assets
Based on the latest financial reports, Questerre Energy Corporation (QEC) has net assets worth CA$135.05 Million CAD (≈ $97.70 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$384.85 Million ≈ $278.40 Million USD) and total liabilities (CA$249.80 Million ≈ $180.70 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 Questerre Energy Corporation tangible equity quality to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$135.05 Million |
| % of Total Assets | 35.09% |
| Annual Growth Rate | 11.03% |
| 5-Year Change | -8.87% |
| 10-Year Change | 8.77% |
| Growth Volatility | 71.51 |
Questerre Energy Corporation - Net Assets Trend (2001–2024)
This chart illustrates how Questerre Energy Corporation's net assets have evolved over time, based on quarterly financial data. See Questerre Energy Corporation defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Questerre Energy Corporation (2001–2024)
The table below shows the annual net assets of Questerre Energy Corporation from 2001 to 2024. For live valuation and market cap data, see Questerre Energy Corporation stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$138.63 Million ≈ $100.28 Million |
-3.51% |
| 2023-12-31 | CA$143.67 Million ≈ $103.93 Million |
-13.52% |
| 2022-12-31 | CA$166.13 Million ≈ $120.17 Million |
+11.52% |
| 2021-12-31 | CA$148.96 Million ≈ $107.76 Million |
-2.08% |
| 2020-12-31 | CA$152.12 Million ≈ $110.04 Million |
-43.38% |
| 2019-12-31 | CA$268.66 Million ≈ $194.34 Million |
+43.44% |
| 2018-12-31 | CA$187.29 Million ≈ $135.48 Million |
+9.69% |
| 2017-12-31 | CA$170.74 Million ≈ $123.51 Million |
+22.25% |
| 2016-12-31 | CA$139.66 Million ≈ $101.03 Million |
+9.58% |
| 2015-12-31 | CA$127.45 Million ≈ $92.20 Million |
-35.26% |
| 2014-12-31 | CA$196.86 Million ≈ $142.40 Million |
-18.38% |
| 2013-12-31 | CA$241.20 Million ≈ $174.48 Million |
+10.92% |
| 2012-12-31 | CA$217.46 Million ≈ $157.30 Million |
-6.62% |
| 2011-12-31 | CA$232.88 Million ≈ $168.46 Million |
-6.45% |
| 2010-12-31 | CA$248.95 Million ≈ $180.08 Million |
+91.53% |
| 2009-12-31 | CA$129.98 Million ≈ $94.02 Million |
-5.26% |
| 2008-12-31 | CA$137.19 Million ≈ $99.24 Million |
+91.53% |
| 2007-12-31 | CA$71.63 Million ≈ $51.81 Million |
+21.07% |
| 2006-12-31 | CA$59.16 Million ≈ $42.80 Million |
+166.86% |
| 2005-12-31 | CA$22.17 Million ≈ $16.04 Million |
+238.54% |
| 2004-12-31 | CA$6.55 Million ≈ $4.74 Million |
+3396.87% |
| 2003-12-31 | CA$-198.63K ≈ $-143.69K |
-102.86% |
| 2002-12-31 | CA$6.94 Million ≈ $5.02 Million |
-44.48% |
| 2001-12-31 | CA$12.49 Million ≈ $9.04 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Questerre Energy Corporation'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 31866226800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CA$429.88 Million | 310.09% |
| Other Comprehensive Income | CA$896.00K | 0.65% |
| Other Components | CA$29.28 Million | 21.12% |
| Total Equity | CA$138.63 Million | 100.00% |
Questerre Energy Corporation Competitors by Market Cap
The table below lists competitors of Questerre Energy Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Heranba Industries Limited
NSE:HERANBA
|
$82.16 Million |
|
Silvercrest Asset Management Group Inc
NASDAQ:SAMG
|
$82.19 Million |
|
Se Gyung Hi Tech Co.Ltd
KQ:148150
|
$82.23 Million |
|
IX Acquisition Corp
NASDAQ:IXAQ
|
$82.25 Million |
|
ASUNTOSALKKU A EO 1
F:H57
|
$82.14 Million |
|
Transaction Capital
JSE:TCP
|
$82.11 Million |
|
S.D. STANDARD ETC DL-03
F:S1P
|
$82.08 Million |
|
Future Vision II Acquisition Corporation Ordinary shares
NASDAQ:FVN
|
$82.08 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Questerre Energy Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 143,667,000 to 138,629,000, a change of -5,038,000 (-3.5%).
- Net loss of 7,329,000 reduced equity.
- Other comprehensive income increased equity by 916,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-7.33 Million | -5.29% |
| Other Comprehensive Income | CA$916.00K | +0.66% |
| Other Changes | CA$1.38 Million | +0.99% |
| Total Change | CA$- | -3.51% |
Book Value vs Market Value Analysis
This analysis compares Questerre Energy Corporation'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: 0.82x
- 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 15.63x to 0.82x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | CA$0.02 | CA$0.27 | x |
| 2002-12-31 | CA$0.26 | CA$0.27 | x |
| 2003-12-31 | CA$-0.01 | CA$0.27 | x |
| 2004-12-31 | CA$0.15 | CA$0.27 | x |
| 2005-12-31 | CA$0.22 | CA$0.27 | x |
| 2006-12-31 | CA$0.44 | CA$0.27 | x |
| 2007-12-31 | CA$0.44 | CA$0.27 | x |
| 2008-12-31 | CA$0.70 | CA$0.27 | x |
| 2009-12-31 | CA$0.63 | CA$0.27 | x |
| 2010-12-31 | CA$1.06 | CA$0.27 | x |
| 2011-12-31 | CA$0.99 | CA$0.27 | x |
| 2012-12-31 | CA$0.93 | CA$0.27 | x |
| 2013-12-31 | CA$1.02 | CA$0.27 | x |
| 2014-12-31 | CA$0.74 | CA$0.27 | x |
| 2015-12-31 | CA$0.48 | CA$0.27 | x |
| 2016-12-31 | CA$0.50 | CA$0.27 | x |
| 2017-12-31 | CA$0.49 | CA$0.27 | x |
| 2018-12-31 | CA$0.47 | CA$0.27 | x |
| 2019-12-31 | CA$0.64 | CA$0.27 | x |
| 2020-12-31 | CA$0.36 | CA$0.27 | x |
| 2021-12-31 | CA$0.35 | CA$0.27 | x |
| 2022-12-31 | CA$0.39 | CA$0.27 | x |
| 2023-12-31 | CA$0.34 | CA$0.27 | x |
| 2024-12-31 | CA$0.32 | CA$0.27 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Questerre Energy Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -5.29%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -21.46%
- • Asset Turnover: 0.20x
- • Equity Multiplier: 1.23x
- Recent ROE (-5.29%) is above the historical average (-12.57%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | -21.75% | -63.78% | 0.28x | 1.24x | CA$-3.97 Million |
| 2002 | -80.12% | -301.45% | 0.19x | 1.43x | CA$-6.25 Million |
| 2003 | 0.00% | -604.73% | 0.35x | 0.00x | CA$-17.16 Million |
| 2004 | 10.59% | 35.70% | 0.20x | 1.50x | CA$38.64K |
| 2005 | -13.56% | -143.30% | 0.08x | 1.18x | CA$-5.22 Million |
| 2006 | -1.48% | -7.29% | 0.17x | 1.20x | CA$-6.79 Million |
| 2007 | -1.79% | -5.39% | 0.26x | 1.30x | CA$-8.44 Million |
| 2008 | -6.72% | -30.91% | 0.18x | 1.21x | CA$-22.93 Million |
| 2009 | -10.56% | -114.81% | 0.08x | 1.12x | CA$-26.72 Million |
| 2010 | -6.31% | -131.03% | 0.04x | 1.08x | CA$-40.60 Million |
| 2011 | 1.68% | 21.35% | 0.07x | 1.11x | CA$-19.39 Million |
| 2012 | -8.95% | -103.34% | 0.08x | 1.12x | CA$-41.22 Million |
| 2013 | -8.02% | -79.45% | 0.09x | 1.13x | CA$-43.47 Million |
| 2014 | -20.58% | -141.80% | 0.12x | 1.19x | CA$-60.21 Million |
| 2015 | -57.69% | -334.02% | 0.14x | 1.27x | CA$-86.28 Million |
| 2016 | 0.12% | 0.99% | 0.10x | 1.27x | CA$-13.80 Million |
| 2017 | -14.54% | -116.20% | 0.10x | 1.27x | CA$-41.89 Million |
| 2018 | 7.19% | 40.84% | 0.14x | 1.25x | CA$-5.26 Million |
| 2019 | 24.46% | 200.03% | 0.10x | 1.18x | CA$38.84 Million |
| 2020 | -77.32% | -536.50% | 0.11x | 1.29x | CA$-132.84 Million |
| 2021 | -2.89% | -14.15% | 0.17x | 1.24x | CA$-19.20 Million |
| 2022 | 8.47% | 27.18% | 0.26x | 1.18x | CA$-2.55 Million |
| 2023 | -16.50% | -66.40% | 0.21x | 1.20x | CA$-38.07 Million |
| 2024 | -5.29% | -21.46% | 0.20x | 1.23x | CA$-21.19 Million |
Industry Comparison
This section compares Questerre Energy Corporation'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 |
|---|---|---|---|---|
| Questerre Energy Corporation (QEC) | CA$135.05 Million | -21.75% | 1.85x | $82.15 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 Questerre Energy Corporation
Questerre Energy Corporation, an energy technology and innovation company, engages in the acquisition, exploration, and development non-conventional oil and gas projects in Canada. It produces tight oil, oil shale, shale oil, and shale gas. The company primarily holds 40,320 acres located in Kakwa, Alberta, including 25% working interest in 10,080 acres in Kakwa Central; 50% working interest in 4… Read more