Avanti Energy Inc (AVN) - Net Assets
Based on the latest financial reports, Avanti Energy Inc (AVN) has net assets worth CA$22.99 Million CAD (≈ $16.63 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$25.58 Million ≈ $18.50 Million USD) and total liabilities (CA$2.59 Million ≈ $1.87 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 asset resilience ratio of Avanti Energy Inc to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$22.99 Million |
| % of Total Assets | 89.87% |
| Annual Growth Rate | 47.28% |
| 5-Year Change | 1284.66% |
| 10-Year Change | 457.56% |
| Growth Volatility | 233.7 |
Avanti Energy Inc - Net Assets Trend (2011–2024)
This chart illustrates how Avanti Energy Inc's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Avanti Energy Inc for the complete picture of this company's asset base.
Annual Net Assets for Avanti Energy Inc (2011–2024)
The table below shows the annual net assets of Avanti Energy Inc from 2011 to 2024. For live valuation and market cap data, see market value of Avanti Energy Inc.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$24.50 Million ≈ $17.73 Million |
-5.10% |
| 2023-12-31 | CA$25.82 Million ≈ $18.68 Million |
+0.44% |
| 2022-12-31 | CA$25.71 Million ≈ $18.60 Million |
+66.57% |
| 2021-12-31 | CA$15.44 Million ≈ $11.17 Million |
+772.20% |
| 2020-12-31 | CA$1.77 Million ≈ $1.28 Million |
+316.18% |
| 2019-12-31 | CA$425.22K ≈ $307.60K |
+152.45% |
| 2018-12-31 | CA$-810.66K ≈ $-586.42K |
-117.39% |
| 2017-12-31 | CA$4.66 Million ≈ $3.37 Million |
+10.98% |
| 2016-12-31 | CA$4.20 Million ≈ $3.04 Million |
-4.44% |
| 2015-12-31 | CA$4.39 Million ≈ $3.18 Million |
+84.01% |
| 2014-12-31 | CA$2.39 Million ≈ $1.73 Million |
+0.16% |
| 2013-12-31 | CA$2.38 Million ≈ $1.72 Million |
+232.81% |
| 2012-12-31 | CA$716.50K ≈ $518.31K |
+349.13% |
| 2011-12-31 | CA$159.53K ≈ $115.40K |
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Equity Component Analysis
This analysis shows how different components contribute to Avanti 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 decreased by 4948045800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$74.07 Million | 302.28% |
| Total Equity | CA$24.50 Million | 100.00% |
Avanti Energy Inc Competitors by Market Cap
The table below lists competitors of Avanti Energy Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Pritika Auto Industries Limited
NSE:PRITIKAUTO
|
$24.06 Million |
|
Smart Logistics Global Limited Ordinary Shares
NASDAQ:SLGB
|
$24.06 Million |
|
Fu Burg Industrial Co Ltd
TWO:8929
|
$24.06 Million |
|
Kyobo 3 SPAC
KQ:208710
|
$24.06 Million |
|
TMD Energy Limited
NYSE MKT:TMDE
|
$24.04 Million |
|
Hateks Hatay Tekstil Isletmeleri AS
IS:HATEK
|
$24.03 Million |
|
Maven Wireless Sweden AB
ST:MAVEN
|
$24.03 Million |
|
Bürgerliches Brauhaus Ravensburg - Lindau Aktiengesellschaft
STU:BBR
|
$24.02 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Avanti Energy Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 25,822,060 to 24,504,029, a change of -1,318,031 (-5.1%).
- Net loss of 4,469,770 reduced equity.
- New share issuances of 1,859,123 increased equity.
- Other comprehensive income decreased equity by 12,592,253.
- Other factors increased equity by 13,884,869.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-4.47 Million | -18.24% |
| Share Issuances | CA$1.86 Million | +7.59% |
| Other Comprehensive Income | CA$-12.59 Million | -51.39% |
| Other Changes | CA$13.88 Million | +56.66% |
| Total Change | CA$- | -5.10% |
Book Value vs Market Value Analysis
This analysis compares Avanti 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: 2.60x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.05x to 2.60x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CA$10.37 | CA$0.56 | x |
| 2012-12-31 | CA$3.46 | CA$0.56 | x |
| 2013-12-31 | CA$5.27 | CA$0.56 | x |
| 2014-12-31 | CA$2.65 | CA$0.56 | x |
| 2015-12-31 | CA$3.82 | CA$0.56 | x |
| 2016-12-31 | CA$3.24 | CA$0.56 | x |
| 2017-12-31 | CA$2.97 | CA$0.56 | x |
| 2018-12-31 | CA$-0.28 | CA$0.56 | x |
| 2019-12-31 | CA$0.08 | CA$0.56 | x |
| 2020-12-31 | CA$0.15 | CA$0.56 | x |
| 2021-12-31 | CA$0.38 | CA$0.56 | x |
| 2022-12-31 | CA$0.44 | CA$0.56 | x |
| 2023-12-31 | CA$0.33 | CA$0.56 | x |
| 2024-12-31 | CA$0.22 | CA$0.56 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Avanti Energy Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -18.24%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.13x
- Recent ROE (-18.24%) is above the historical average (-43.61%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | -53.64% | 0.00% | 0.00x | 1.35x | CA$-101.52K |
| 2012 | -33.33% | 0.00% | 0.00x | 1.05x | CA$-310.43K |
| 2013 | -86.78% | 0.00% | 0.00x | 1.06x | CA$-2.31 Million |
| 2014 | -73.60% | -365.16% | 0.19x | 1.08x | CA$-2.00 Million |
| 2015 | -54.15% | -5334.45% | 0.01x | 1.08x | CA$-2.82 Million |
| 2016 | -21.20% | 0.00% | 0.00x | 1.20x | CA$-1.31 Million |
| 2017 | -18.24% | 0.00% | 0.00x | 1.18x | CA$-1.32 Million |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-5.39 Million |
| 2019 | -75.44% | 0.00% | 0.00x | 1.06x | CA$-363.32K |
| 2020 | -30.22% | 0.00% | 0.00x | 1.01x | CA$-711.72K |
| 2021 | -68.41% | 0.00% | 0.00x | 1.11x | CA$-12.10 Million |
| 2022 | -32.26% | 0.00% | 0.00x | 1.18x | CA$-10.87 Million |
| 2023 | -45.10% | 0.00% | 0.00x | 1.11x | CA$-14.23 Million |
| 2024 | -18.24% | 0.00% | 0.00x | 1.13x | CA$-6.92 Million |
Industry Comparison
This section compares Avanti 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: $714,089,492
- Average return on equity (ROE) among peers: -8.27%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Avanti Energy Inc (AVN) | CA$22.99 Million | -53.64% | 0.11x | $24.04 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 |
| Arrow Exploration Corp (AXL) | $10.89 Million | -0.55% | 0.12x | $84.78 Million |
About Avanti Energy Inc
Avanti Helium Corp. engages in the acquisition, exploration, development, and evaluation of helium properties in Canada and the United States. Its principal project is the Greater Knappen project, which covers an area of approximately 81,054 acres located in the Southern Alberta and Northwestern Montana. The company was formerly known as Avanti Energy Inc. and changed its name to Avanti Helium Co… Read more