Criterium Energy Ltd.
Criterium Energy Ltd. engages in the exploration and development of oil and natural gas in Indonesia and Canada. Its flagship project is the 100% owned Tungkal PSC property covering an area of 2,285 square kilometers located in the onshore South Sumatra. The company was formerly known as Softrock Minerals Ltd. and changed its name to Criterium Energy Ltd. in September 2022. Criterium Energy Ltd. … Read more
Criterium Energy Ltd. (CEQ) - Net Assets
Latest net assets as of September 2025: CA$-4.63 Million CAD
Based on the latest financial reports, Criterium Energy Ltd. (CEQ) has net assets worth CA$-4.63 Million CAD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$72.28 Million) and total liabilities (CA$76.91 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-4.63 Million |
| % of Total Assets | -6.41% |
| Annual Growth Rate | 119.77% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 1529.63 |
Criterium Energy Ltd. - Net Assets Trend (2020–2024)
This chart illustrates how Criterium Energy Ltd.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Criterium Energy Ltd. (2020–2024)
The table below shows the annual net assets of Criterium Energy Ltd. from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$836.00K | -17.27% |
| 2023-12-31 | CA$1.01 Million | -74.82% |
| 2022-12-31 | CA$4.01 Million | +3562.11% |
| 2021-12-31 | CA$109.56K | +205.71% |
| 2020-12-31 | CA$35.84K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Criterium Energy Ltd.'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 1498215300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$19.08 Million | 2282.42% |
| Total Equity | CA$836.00K | 100.00% |
Criterium Energy Ltd. Competitors by Market Cap
The table below lists competitors of Criterium Energy Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
U. Y. Fincorp Limited
NSE:UYFINCORP
|
$7.90 Million |
|
Progressive Planet Solutions Inc
OTCQB:ASHXF
|
$7.90 Million |
|
Simone S.p.A.
F:2KX
|
$7.90 Million |
|
PT Dafam Property Indonesia Tbk
JK:DFAM
|
$7.90 Million |
|
Focus Impact Acquisition Corp
PINK:FIAC
|
$7.89 Million |
|
Julong Holding Limited Class A Ordinary Shares
NASDAQ:JLHL
|
$7.88 Million |
|
V.L. Enterprise Public Company Limited
BK:VL
|
$7.88 Million |
|
SCGM Bhd
KLSE:7247
|
$7.88 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Criterium Energy Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,010,478 to 836,000, a change of -174,478 (-17.3%).
- Net loss of 9,915,000 reduced equity.
- New share issuances of 4,954,000 increased equity.
- Other factors increased equity by 4,786,522.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-9.91 Million | -1186.0% |
| Share Issuances | CA$4.95 Million | +592.58% |
| Other Changes | CA$4.79 Million | +572.55% |
| Total Change | CA$- | -17.27% |
Book Value vs Market Value Analysis
This analysis compares Criterium Energy Ltd.'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: 16.99x
- 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 decreased from 26.28x to 16.99x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | CA$0.00 | CA$0.11 | x |
| 2021-12-31 | CA$0.01 | CA$0.11 | x |
| 2022-12-31 | CA$0.11 | CA$0.11 | x |
| 2023-12-31 | CA$0.03 | CA$0.11 | x |
| 2024-12-31 | CA$0.01 | CA$0.11 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Criterium Energy Ltd. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -1186.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -33.11%
- • Asset Turnover: 0.39x
- • Equity Multiplier: 91.42x
- Recent ROE (-1186.00%) is below the historical average (-315.93%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -43.56% | -10.96% | 1.11x | 3.58x | CA$-19.19K |
| 2021 | 59.85% | 41.26% | 1.00x | 1.46x | CA$54.62K |
| 2022 | -32.98% | -704.41% | 0.03x | 1.58x | CA$-1.72 Million |
| 2023 | -376.95% | -3593.40% | 0.01x | 10.09x | CA$-3.91 Million |
| 2024 | -1186.00% | -33.11% | 0.39x | 91.42x | CA$-10.00 Million |
Industry Comparison
This section compares Criterium Energy Ltd.'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: $153,349,795
- Average return on equity (ROE) among peers: -17.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Criterium Energy Ltd. (CEQ) | CA$-4.63 Million | -43.56% | N/A | $7.89 Million |
| Advantage Oil & Gas Ltd. (AAV) | $1.21 Billion | -1.70% | 0.91x | $1.14 Billion |
| Alvopetro Energy (ALV) | $55.87 Million | -9.44% | 0.28x | $190.03 Million |
| Bison Gold Resources Inc (BGE) | $899.62K | -107.98% | 0.20x | $178.53K |
| Capitan Investment Ltd (CAI) | $8.61 Million | -19.92% | 0.13x | $283.50K |
| Canada Energy Partners Inc (CE-H) | $-617.75K | 0.00% | 0.00x | $99.62K |
| Benchmark Metals Inc (CEI) | $97.08 Million | -11.50% | 0.17x | $143.60 Million |
| Columbus Energy Limited (CEL-H) | $-587.57K | 0.00% | 0.00x | $456.61K |
| Cavvy Energy Ltd. (CVVY) | $10.78 Million | -2.67% | 0.18x | $8.09K |
| District Mines Ltd (DIG-H) | $-397.45K | 0.00% | 0.00x | $1.17 Million |