Arrow Exploration Corp (AXL) - Net Assets
Based on the latest financial reports, Arrow Exploration Corp (AXL) has net assets worth CA$58.96 Million CAD (≈ $42.65 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$111.55 Million ≈ $80.69 Million USD) and total liabilities (CA$52.58 Million ≈ $38.04 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 AXL strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$58.96 Million |
| % of Total Assets | 52.86% |
| Annual Growth Rate | 26.68% |
| 5-Year Change | 127.25% |
| 10-Year Change | 93.36% |
| Growth Volatility | 241.77 |
Arrow Exploration Corp - Net Assets Trend (2001–2025)
This chart illustrates how Arrow Exploration Corp's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Arrow Exploration Corp stock valuation.
Annual Net Assets for Arrow Exploration Corp (2001–2025)
The table below shows the annual net assets of Arrow Exploration Corp from 2001 to 2025. Also explore AXL shareholders equity momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CA$54.45 Million ≈ $39.38 Million |
+2.69% |
| 2024-12-31 | CA$53.02 Million ≈ $38.35 Million |
+27.72% |
| 2023-12-31 | CA$41.51 Million ≈ $30.03 Million |
+60.29% |
| 2022-12-31 | CA$25.90 Million ≈ $18.73 Million |
+8.09% |
| 2021-12-31 | CA$23.96 Million ≈ $17.33 Million |
+87.27% |
| 2020-12-31 | CA$12.79 Million ≈ $9.25 Million |
-71.67% |
| 2019-12-31 | CA$45.16 Million ≈ $32.67 Million |
-10.67% |
| 2018-12-31 | CA$50.55 Million ≈ $36.57 Million |
+489.88% |
| 2017-12-31 | CA$8.57 Million ≈ $6.20 Million |
-69.57% |
| 2016-12-31 | CA$28.16 Million ≈ $20.37 Million |
+239.07% |
| 2015-12-31 | CA$8.30 Million ≈ $6.01 Million |
-23.75% |
| 2014-12-31 | CA$10.89 Million ≈ $7.88 Million |
+22.39% |
| 2013-12-31 | CA$8.90 Million ≈ $6.44 Million |
-67.26% |
| 2012-12-31 | CA$27.18 Million ≈ $19.66 Million |
-17.84% |
| 2011-12-31 | CA$33.08 Million ≈ $23.93 Million |
+101.66% |
| 2010-12-31 | CA$16.40 Million ≈ $11.86 Million |
+826.86% |
| 2009-12-31 | CA$1.77 Million ≈ $1.28 Million |
-6.95% |
| 2008-12-31 | CA$1.90 Million ≈ $1.38 Million |
-80.77% |
| 2007-12-31 | CA$9.89 Million ≈ $7.15 Million |
+60.62% |
| 2006-12-31 | CA$6.16 Million ≈ $4.45 Million |
+766.95% |
| 2005-12-31 | CA$710.09K ≈ $513.67K |
+35.54% |
| 2004-12-31 | CA$523.92K ≈ $378.99K |
+264.13% |
| 2003-12-31 | CA$143.88K ≈ $104.08K |
-24.00% |
| 2002-12-31 | CA$189.31K ≈ $136.94K |
+1.35% |
| 2001-12-31 | CA$186.79K ≈ $135.12K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Arrow Exploration Corp'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 1931725566.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$73.77 Million | 135.50% |
| Total Equity | CA$54.45 Million | 100.00% |
Arrow Exploration Corp Competitors by Market Cap
The table below lists competitors of Arrow Exploration Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Panion & BF Biotech Inc
TW:1760
|
$144.79 Million |
|
Falco Resources Ltd
V:FPC
|
$144.81 Million |
|
Nerdy Inc
NYSE:NRDY
|
$144.88 Million |
|
Domo Inc
NASDAQ:DOMO
|
$144.89 Million |
|
Navkar Corporation Limited
NSE:NAVKARCORP
|
$144.73 Million |
|
Univacco Technology
TWO:3303
|
$144.69 Million |
|
Cyberlink Co
TW:5203
|
$144.69 Million |
|
SHL Consolidated Bhd
KLSE:6017
|
$144.68 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Arrow Exploration Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 53,016,993 to 54,445,272, a change of 1,428,279 (2.7%).
- Net income of 1,442,598 contributed positively to equity growth.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$1.44 Million | +2.65% |
| Other Changes | CA$-14.32K | -0.03% |
| Total Change | CA$- | 2.69% |
Book Value vs Market Value Analysis
This analysis compares Arrow Exploration Corp'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: 3.68x
- 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 0.04x to 3.68x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | CA$18.32 | CA$0.70 | x |
| 2002-12-31 | CA$18.00 | CA$0.70 | x |
| 2003-12-31 | CA$13.49 | CA$0.70 | x |
| 2004-12-31 | CA$41.25 | CA$0.70 | x |
| 2005-12-31 | CA$25.57 | CA$0.70 | x |
| 2006-12-31 | CA$101.26 | CA$0.70 | x |
| 2007-12-31 | CA$102.05 | CA$0.70 | x |
| 2008-12-31 | CA$15.79 | CA$0.70 | x |
| 2009-12-31 | CA$14.68 | CA$0.70 | x |
| 2010-12-31 | CA$65.52 | CA$0.70 | x |
| 2011-12-31 | CA$66.12 | CA$0.70 | x |
| 2012-12-31 | CA$47.71 | CA$0.70 | x |
| 2013-12-31 | CA$15.51 | CA$0.70 | x |
| 2014-12-31 | CA$18.78 | CA$0.70 | x |
| 2015-12-31 | CA$9.84 | CA$0.70 | x |
| 2016-12-31 | CA$9.46 | CA$0.70 | x |
| 2017-12-31 | CA$1.33 | CA$0.70 | x |
| 2018-12-31 | CA$0.79 | CA$0.70 | x |
| 2019-12-31 | CA$0.66 | CA$0.70 | x |
| 2020-12-31 | CA$0.19 | CA$0.70 | x |
| 2021-12-31 | CA$0.25 | CA$0.70 | x |
| 2022-12-31 | CA$0.09 | CA$0.70 | x |
| 2023-12-31 | CA$0.15 | CA$0.70 | x |
| 2024-12-31 | CA$0.19 | CA$0.70 | x |
| 2025-12-31 | CA$0.19 | CA$0.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Arrow Exploration Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 2.65%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.82%
- • Asset Turnover: 0.75x
- • Equity Multiplier: 1.94x
- Recent ROE (2.65%) is above the historical average (-26.94%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | -5.91% | 0.00% | 0.00x | 1.01x | CA$-29.72K |
| 2002 | -7.83% | 0.00% | 0.00x | 1.02x | CA$-33.76K |
| 2003 | -59.73% | 0.00% | 0.00x | 1.06x | CA$-100.33K |
| 2004 | -35.77% | 0.00% | 0.00x | 1.40x | CA$-239.82K |
| 2005 | -70.80% | 0.00% | 0.00x | 1.16x | CA$-573.73K |
| 2006 | -27.47% | 0.00% | 0.00x | 1.11x | CA$-2.31 Million |
| 2007 | -54.96% | 0.00% | 0.00x | 1.04x | CA$-6.42 Million |
| 2008 | -334.32% | 0.00% | 0.00x | 1.09x | CA$-6.55 Million |
| 2009 | -31.83% | -336.83% | 0.09x | 1.06x | CA$-740.15K |
| 2010 | -5.95% | -236.59% | 0.02x | 1.16x | CA$-2.62 Million |
| 2011 | -1.23% | -26.39% | 0.03x | 1.44x | CA$-3.72 Million |
| 2012 | -27.59% | -326.13% | 0.08x | 1.08x | CA$-10.21 Million |
| 2013 | -3.82% | -16.98% | 0.19x | 1.16x | CA$-1.23 Million |
| 2014 | -0.55% | -2.99% | 0.16x | 1.12x | CA$-1.15 Million |
| 2015 | -34.04% | -289.28% | 0.10x | 1.16x | CA$-3.66 Million |
| 2016 | -18.70% | -575.18% | 0.02x | 1.44x | CA$-8.08 Million |
| 2017 | 263.57% | 2940.68% | 0.08x | 1.10x | CA$21.73 Million |
| 2018 | -1.32% | -9.78% | 0.09x | 1.52x | CA$-5.72 Million |
| 2019 | -13.24% | -21.18% | 0.39x | 1.61x | CA$-10.49 Million |
| 2020 | -251.95% | -576.16% | 0.17x | 2.62x | CA$-33.51 Million |
| 2021 | 23.76% | 79.47% | 0.17x | 1.72x | CA$3.30 Million |
| 2022 | 1.34% | 1.23% | 0.53x | 2.05x | CA$-2.24 Million |
| 2023 | -2.67% | -2.19% | 0.81x | 1.50x | CA$-5.26 Million |
| 2024 | 24.85% | 16.15% | 1.00x | 1.53x | CA$7.87 Million |
| 2025 | 2.65% | 1.82% | 0.75x | 1.94x | CA$-4.00 Million |
Industry Comparison
This section compares Arrow Exploration Corp'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: $666,343,277
- Average return on equity (ROE) among peers: -4.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Arrow Exploration Corp (AXL) | CA$58.96 Million | -5.91% | 0.89x | $144.75 Million |
| Advantage Oil & Gas Ltd. (AAV) | $872.19 Million | -3.49% | 1.72x | $1.23 Billion |
| Africa Energy Corp (AFE) | $75.11 Million | -1.46% | 0.10x | $69.32 Million |
| Alvopetro Energy (ALV) | $47.42 Million | -0.52% | 0.06x | $281.33 Million |
| Africa Oil Corp (AOI) | $5.79 Million | -13.53% | 0.01x | $820.85 Million |
| Altima Resources Ltd (ARH) | $-8.47 Million | 0.00% | 0.00x | $19.37 Million |
| ARC Resources Ltd. (ARX) | $1.84 Billion | 19.45% | 0.77x | $14.12 Billion |
| Athabasca Oil Corp (ATH) | $3.16 Billion | -7.19% | 0.36x | $3.64 Billion |
| Altai Resources Inc. (ATI) | $4.55 Million | -0.95% | 0.10x | $1.12 Million |
| Avanti Energy Inc (AVN) | $716.50K | -33.33% | 0.05x | $24.04 Million |
About Arrow Exploration Corp
Arrow Exploration Corp. operates a junior oil and gas company that engages in the acquisition, exploration, development, and production of oil and gas properties in Colombia and Western Canada. The company is based in Calgary, Canada.