Rubellite Energy Inc (RBY) - Net Assets
Based on the latest financial reports, Rubellite Energy Inc (RBY) has net assets worth CA$343.93 Million CAD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$578.51 Million) and total liabilities (CA$234.57 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$343.93 Million |
| % of Total Assets | 59.45% |
| Annual Growth Rate | 37.76% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 22.6 |
Rubellite Energy Inc - Net Assets Trend (2021–2025)
This chart illustrates how Rubellite Energy Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Rubellite Energy Inc (2021–2025)
The table below shows the annual net assets of Rubellite Energy Inc from 2021 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CA$343.93 Million | +10.94% |
| 2024-12-31 | CA$310.02 Million | +55.54% |
| 2023-12-31 | CA$199.31 Million | +24.96% |
| 2022-12-31 | CA$159.50 Million | +67.04% |
| 2021-12-31 | CA$95.48 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Rubellite 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 1632.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CA$133.40 Million | 38.79% |
| Common Stock | CA$207.67 Million | 60.38% |
| Other Components | CA$2.86 Million | 0.83% |
| Total Equity | CA$343.93 Million | 100.00% |
Rubellite Energy Inc Competitors by Market Cap
The table below lists competitors of Rubellite Energy Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hua Na Hydropower JSC
VN:HNA
|
$201.09 Million |
|
Amtech Systems Inc
NASDAQ:ASYS
|
$201.11 Million |
|
Ion Electronic Materials Co., Ltd.
TWO:6959
|
$201.14 Million |
|
SCH Group Bhd
KLSE:0161
|
$201.18 Million |
|
Midnight Sun Mining Corp
V:MMA
|
$201.00 Million |
|
Maritime Resources Corp.
V:MAE
|
$200.98 Million |
|
Bergbahnen Engelberg Truebsee Titlis Bet AG
SW:TIBN
|
$200.93 Million |
|
Steel Pipe Industry Of Indonesia
JK:ISSP
|
$200.81 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Rubellite Energy Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 310,017,000 to 343,934,000, a change of 33,917,000 (10.9%).
- Net income of 32,557,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 368,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$32.56 Million | +9.47% |
| Other Comprehensive Income | CA$369.00K | +0.11% |
| Other Changes | CA$991.00K | +0.29% |
| Total Change | CA$- | 10.94% |
Book Value vs Market Value Analysis
This analysis compares Rubellite 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: 0.83x
- 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 1.36x to 0.83x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | CA$2.18 | CA$2.97 | x |
| 2022-12-31 | CA$3.04 | CA$2.97 | x |
| 2023-12-31 | CA$3.26 | CA$2.97 | x |
| 2024-12-31 | CA$4.66 | CA$2.97 | x |
| 2025-12-31 | CA$3.58 | CA$2.97 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Rubellite Energy Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 9.47%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.56%
- • Asset Turnover: 0.36x
- • Equity Multiplier: 1.68x
- Recent ROE (9.47%) is below the historical average (11.68%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 8.07% | 156.45% | 0.04x | 1.21x | CA$-1.85 Million |
| 2022 | 15.43% | 45.15% | 0.27x | 1.28x | CA$8.66 Million |
| 2023 | 9.31% | 23.07% | 0.30x | 1.36x | CA$-1.37 Million |
| 2024 | 16.12% | 29.68% | 0.30x | 1.81x | CA$18.97 Million |
| 2025 | 9.47% | 15.56% | 0.36x | 1.68x | CA$-1.84 Million |
Industry Comparison
This section compares Rubellite 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: $769,076,676
- Average return on equity (ROE) among peers: 5.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Rubellite Energy Inc (RBY) | CA$343.93 Million | 8.07% | 0.68x | $201.08 Million |
| Advantage Oil & Gas Ltd. (AAV) | $1.09 Billion | 1.43% | 0.33x | $1.14 Billion |
| Africa Energy Corp (AFE) | $41.44 Million | -11.19% | 0.01x | $83.19 Million |
| Alvopetro Energy (ALV) | $58.62 Million | 9.54% | 0.39x | $218.42 Million |
| Africa Oil Corp (AOI) | $520.15 Million | -4.38% | 0.08x | $820.85 Million |
| Altima Resources Ltd (ARH) | $-3.47 Million | 0.00% | 0.00x | $19.37 Million |
| ARC Resources Ltd. (ARX) | $2.79 Billion | -19.61% | 0.78x | $10.34 Billion |
| Athabasca Oil Corp (ATH) | $3.16 Billion | -7.19% | 0.36x | $3.64 Billion |
| Avanti Energy Inc (AVN) | $15.44 Million | -68.41% | 0.11x | $24.04 Million |
| Arrow Exploration Corp (AXL) | $8.57 Million | 263.57% | 0.10x | $81.68 Million |
| Bison Gold Resources Inc (BGE) | $899.62K | -107.98% | 0.20x | $2.02 Million |
About Rubellite Energy Inc
Rubellite Energy Corp., together with its subsidiaries, operates as an energy company in Canada. It engages in the exploration, development, production, and marketing of heavy crude oil, natural gas, and bitumen assets. The company was incorporated in 2021 and is headquartered in Calgary, Canada.