Cobra Venture Corp (CBV) - Net Assets
Based on the latest financial reports, Cobra Venture Corp (CBV) has net assets worth CA$2.78 Million CAD (≈ $2.01 Million USD) as of May 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$2.94 Million ≈ $2.13 Million USD) and total liabilities (CA$155.40K ≈ $112.41K 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 Cobra Venture Corp to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$2.78 Million |
| % of Total Assets | 94.71% |
| Annual Growth Rate | 9.66% |
| 5-Year Change | -8.74% |
| 10-Year Change | -41.77% |
| Growth Volatility | 83.38 |
Cobra Venture Corp - Net Assets Trend (2001–2024)
This chart illustrates how Cobra Venture Corp's net assets have evolved over time, based on quarterly financial data. Also explore CBV total assets for the complete picture of this company's asset base.
Annual Net Assets for Cobra Venture Corp (2001–2024)
The table below shows the annual net assets of Cobra Venture Corp from 2001 to 2024. For live valuation and market cap data, see Cobra Venture Corp stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-11-30 | CA$2.84 Million ≈ $2.05 Million |
-17.99% |
| 2023-11-30 | CA$3.46 Million ≈ $2.50 Million |
+6.58% |
| 2022-11-30 | CA$3.24 Million ≈ $2.35 Million |
-2.60% |
| 2021-11-30 | CA$3.33 Million ≈ $2.41 Million |
+7.20% |
| 2020-11-30 | CA$3.11 Million ≈ $2.25 Million |
-6.28% |
| 2019-11-30 | CA$3.32 Million ≈ $2.40 Million |
+1.73% |
| 2018-11-30 | CA$3.26 Million ≈ $2.36 Million |
-3.26% |
| 2017-11-30 | CA$3.37 Million ≈ $2.44 Million |
-11.46% |
| 2016-11-30 | CA$3.81 Million ≈ $2.75 Million |
-21.87% |
| 2015-11-30 | CA$4.87 Million ≈ $3.52 Million |
-21.89% |
| 2014-11-30 | CA$6.23 Million ≈ $4.51 Million |
+15.10% |
| 2013-11-30 | CA$5.42 Million ≈ $3.92 Million |
-10.01% |
| 2012-11-30 | CA$6.02 Million ≈ $4.35 Million |
+53.74% |
| 2011-11-30 | CA$3.92 Million ≈ $2.83 Million |
-23.73% |
| 2010-11-30 | CA$5.13 Million ≈ $3.71 Million |
+112.78% |
| 2009-11-30 | CA$2.41 Million ≈ $1.75 Million |
+4.78% |
| 2008-11-30 | CA$2.30 Million ≈ $1.67 Million |
+72.69% |
| 2007-11-30 | CA$1.33 Million ≈ $964.49K |
-11.49% |
| 2006-11-30 | CA$1.51 Million ≈ $1.09 Million |
+26.23% |
| 2005-11-30 | CA$1.19 Million ≈ $863.28K |
-11.43% |
| 2004-11-30 | CA$1.35 Million ≈ $974.67K |
+18.48% |
| 2003-11-30 | CA$1.14 Million ≈ $822.64K |
-30.78% |
| 2002-11-30 | CA$1.64 Million ≈ $1.19 Million |
+382.72% |
| 2001-11-30 | CA$340.32K ≈ $246.18K |
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Equity Component Analysis
This analysis shows how different components contribute to Cobra Venture 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 22311600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (November 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$3.12 Million | 110.08% |
| Total Equity | CA$2.84 Million | 100.00% |
Cobra Venture Corp Competitors by Market Cap
The table below lists competitors of Cobra Venture Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
OBERON URANIUM CORP.
F:G7I
|
$1.68 Million |
|
abrdn European Logistics Income PLC
LSE:ASLI_old
|
$1.68 Million |
|
Lypsa Gems & Jewellery Limited
NSE:LYPSAGEMS
|
$1.69 Million |
|
Arctic Blue Beverages AB
ST:ARCTIC
|
$1.69 Million |
|
Arbuthnot Banking Group Plc
LSE:ARBB
|
$1.67 Million |
|
Baker Steel Resources Trust
LSE:BSRT
|
$1.67 Million |
|
JINGRUI HLDGS LTD DL-01
F:9JW
|
$1.67 Million |
|
TROC DE L'ILE SA
PA:MLTRO
|
$1.67 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cobra Venture Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,458,121 to 2,836,106, a change of -622,015 (-18.0%).
- Net loss of 285,955 reduced equity.
- Dividend payments of 446,951 reduced retained earnings.
- Other comprehensive income decreased equity by 63,270.
- Other factors increased equity by 174,161.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-285.95K | -10.08% |
| Dividends Paid | CA$446.95K | -15.76% |
| Other Comprehensive Income | CA$-63.27K | -2.23% |
| Other Changes | CA$174.16K | +6.14% |
| Total Change | CA$- | -17.99% |
Book Value vs Market Value Analysis
This analysis compares Cobra Venture 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: 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 1.16x 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 |
|---|---|---|---|
| 2001-11-30 | CA$0.12 | CA$0.14 | x |
| 2002-11-30 | CA$0.49 | CA$0.14 | x |
| 2003-11-30 | CA$0.17 | CA$0.14 | x |
| 2004-11-30 | CA$0.15 | CA$0.14 | x |
| 2005-11-30 | CA$0.13 | CA$0.14 | x |
| 2006-11-30 | CA$0.12 | CA$0.14 | x |
| 2007-11-30 | CA$0.10 | CA$0.14 | x |
| 2008-11-30 | CA$0.15 | CA$0.14 | x |
| 2009-11-30 | CA$0.16 | CA$0.14 | x |
| 2010-11-30 | CA$0.32 | CA$0.14 | x |
| 2011-11-30 | CA$0.22 | CA$0.14 | x |
| 2012-11-30 | CA$0.36 | CA$0.14 | x |
| 2013-11-30 | CA$0.34 | CA$0.14 | x |
| 2014-11-30 | CA$0.39 | CA$0.14 | x |
| 2015-11-30 | CA$0.31 | CA$0.14 | x |
| 2016-11-30 | CA$0.24 | CA$0.14 | x |
| 2017-11-30 | CA$0.21 | CA$0.14 | x |
| 2018-11-30 | CA$0.20 | CA$0.14 | x |
| 2019-11-30 | CA$0.21 | CA$0.14 | x |
| 2020-11-30 | CA$0.20 | CA$0.14 | x |
| 2021-11-30 | CA$0.21 | CA$0.14 | x |
| 2022-11-30 | CA$0.20 | CA$0.14 | x |
| 2023-11-30 | CA$0.21 | CA$0.14 | x |
| 2024-11-30 | CA$0.17 | CA$0.14 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cobra Venture Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -10.08%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -22.24%
- • Asset Turnover: 0.43x
- • Equity Multiplier: 1.05x
- Recent ROE (-10.08%) is below the historical average (-3.84%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | -5.22% | 0.00% | 0.00x | 1.04x | CA$-51.79K |
| 2002 | -5.41% | 0.00% | 0.00x | 1.57x | CA$-253.13K |
| 2003 | 2.76% | 0.00% | 0.00x | 2.22x | CA$-82.30K |
| 2004 | -74.09% | 0.00% | 0.00x | 1.29x | CA$-1.13 Million |
| 2005 | -16.97% | 0.00% | 0.00x | 1.22x | CA$-321.92K |
| 2006 | -11.51% | 0.00% | 0.00x | 1.32x | CA$-324.00K |
| 2007 | -19.16% | 0.00% | 0.00x | 1.16x | CA$-388.80K |
| 2008 | 22.96% | 51.14% | 0.28x | 1.62x | CA$298.40K |
| 2009 | 0.17% | 0.50% | 0.28x | 1.19x | CA$-237.24K |
| 2010 | 9.52% | 24.74% | 0.32x | 1.20x | CA$-24.84K |
| 2011 | -1.36% | -3.49% | 0.34x | 1.13x | CA$-444.63K |
| 2012 | 54.26% | 1562.91% | 0.03x | 1.21x | CA$2.66 Million |
| 2013 | -9.86% | -427.53% | 0.02x | 1.05x | CA$-1.08 Million |
| 2014 | 12.67% | 273.47% | 0.04x | 1.07x | CA$166.61K |
| 2015 | -28.02% | -452.80% | 0.06x | 1.07x | CA$-1.85 Million |
| 2016 | -10.46% | -86.81% | 0.11x | 1.05x | CA$-778.64K |
| 2017 | -12.94% | -68.00% | 0.18x | 1.06x | CA$-772.97K |
| 2018 | -3.56% | -12.37% | 0.27x | 1.06x | CA$-442.06K |
| 2019 | 1.70% | 4.06% | 0.40x | 1.05x | CA$-275.33K |
| 2020 | -6.70% | -21.17% | 0.30x | 1.05x | CA$-518.97K |
| 2021 | 3.40% | 7.13% | 0.46x | 1.04x | CA$-219.80K |
| 2022 | 11.51% | 19.66% | 0.55x | 1.06x | CA$48.84K |
| 2023 | 4.22% | 10.76% | 0.38x | 1.04x | CA$-199.90K |
| 2024 | -10.08% | -22.24% | 0.43x | 1.05x | CA$-569.57K |
Industry Comparison
This section compares Cobra Venture 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: $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 |
|---|---|---|---|---|
| Cobra Venture Corp (CBV) | CA$2.78 Million | -5.22% | 0.06x | $1.68 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 Cobra Venture Corp
Cobra Venture Corporation engages in the exploration and development of petroleum and natural gas properties in Canada. It holds a 14.665% interest in oil wells located in the Gull Lake, Saskatchewan. The company was incorporated in 1998 and is headquartered in West Vancouver, Canada.