Eco Atlantic Oil & Gas Ltd (EOG) - Net Assets
Based on the latest financial reports, Eco Atlantic Oil & Gas Ltd (EOG) has net assets worth CA$17.57 Million CAD (≈ $12.71 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$18.93 Million ≈ $13.69 Million USD) and total liabilities (CA$1.36 Million ≈ $986.84K 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 Eco Atlantic Oil & Gas Ltd liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$17.57 Million |
| % of Total Assets | 92.79% |
| Annual Growth Rate | 15.76% |
| 5-Year Change | 27.55% |
| 10-Year Change | 454.23% |
| Growth Volatility | 194.7 |
Eco Atlantic Oil & Gas Ltd - Net Assets Trend (2008–2025)
This chart illustrates how Eco Atlantic Oil & Gas Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Eco Atlantic Oil & Gas Ltd asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Eco Atlantic Oil & Gas Ltd (2008–2025)
The table below shows the annual net assets of Eco Atlantic Oil & Gas Ltd from 2008 to 2025. For live valuation and market cap data, see EOG stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | CA$20.38 Million ≈ $14.75 Million |
-32.09% |
| 2024-03-31 | CA$30.02 Million ≈ $21.71 Million |
-40.74% |
| 2023-03-31 | CA$50.65 Million ≈ $36.64 Million |
+25.93% |
| 2022-03-31 | CA$40.22 Million ≈ $29.10 Million |
+151.67% |
| 2021-03-31 | CA$15.98 Million ≈ $11.56 Million |
-18.20% |
| 2020-03-31 | CA$19.54 Million ≈ $14.13 Million |
+3.79% |
| 2019-03-31 | CA$18.82 Million ≈ $13.62 Million |
+51.89% |
| 2018-03-31 | CA$12.39 Million ≈ $8.97 Million |
+107.78% |
| 2017-03-31 | CA$5.97 Million ≈ $4.32 Million |
+62.18% |
| 2016-03-31 | CA$3.68 Million ≈ $2.66 Million |
-55.14% |
| 2015-03-31 | CA$8.20 Million ≈ $5.93 Million |
+43.64% |
| 2014-03-31 | CA$5.71 Million ≈ $4.13 Million |
-39.98% |
| 2013-03-31 | CA$9.51 Million ≈ $6.88 Million |
+0.91% |
| 2012-03-31 | CA$9.42 Million ≈ $6.82 Million |
+808.68% |
| 2011-03-31 | CA$1.04 Million ≈ $750.26K |
-27.02% |
| 2010-03-31 | CA$1.42 Million ≈ $1.03 Million |
+9.83% |
| 2009-03-31 | CA$1.29 Million ≈ $935.99K |
-23.59% |
| 2008-03-31 | CA$1.69 Million ≈ $1.22 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Eco Atlantic Oil & Gas 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 9984878106.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$120.45 Million | 590.90% |
| Total Equity | CA$20.38 Million | 100.00% |
Eco Atlantic Oil & Gas Ltd Competitors by Market Cap
The table below lists competitors of Eco Atlantic Oil & Gas Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TrueCar Inc
NASDAQ:TRUE
|
$225.91 Million |
|
Hong Pu Real Estate Development Co Ltd
TW:2536
|
$225.96 Million |
|
Advanced Information Technology Public Company Limited
BK:AIT
|
$226.03 Million |
|
St Augustine Gold and Copper Ltd
TO:SAU
|
$226.09 Million |
|
Apcotex Industries Limited
NSE:APCOTEXIND
|
$225.62 Million |
|
UEM Edgenta Bhd
KLSE:1368
|
$225.50 Million |
|
Amplify Energy Corp
NYSE:AMPY
|
$225.45 Million |
|
UNISEM Co. Ltd
KQ:036200
|
$225.30 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Eco Atlantic Oil & Gas Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 30,018,140 to 20,384,618, a change of -9,633,522 (-32.1%).
- Net loss of 2,277,549 reduced equity.
- Other comprehensive income increased equity by 647,816.
- Other factors decreased equity by 8,003,789.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-2.28 Million | -11.17% |
| Other Comprehensive Income | CA$647.82K | +3.18% |
| Other Changes | CA$-8.00 Million | -39.26% |
| Total Change | CA$- | -32.09% |
Book Value vs Market Value Analysis
This analysis compares Eco Atlantic Oil & Gas 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: 18.33x
- 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 1.29x to 18.33x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-03-31 | CA$0.92 | CA$1.19 | x |
| 2009-03-31 | CA$0.26 | CA$1.19 | x |
| 2010-03-31 | CA$0.28 | CA$1.19 | x |
| 2011-03-31 | CA$0.21 | CA$1.19 | x |
| 2012-03-31 | CA$0.16 | CA$1.19 | x |
| 2013-03-31 | CA$0.15 | CA$1.19 | x |
| 2014-03-31 | CA$0.08 | CA$1.19 | x |
| 2015-03-31 | CA$0.11 | CA$1.19 | x |
| 2016-03-31 | CA$0.04 | CA$1.19 | x |
| 2017-03-31 | CA$0.07 | CA$1.19 | x |
| 2018-03-31 | CA$0.09 | CA$1.19 | x |
| 2019-03-31 | CA$0.11 | CA$1.19 | x |
| 2020-03-31 | CA$0.11 | CA$1.19 | x |
| 2021-03-31 | CA$0.09 | CA$1.19 | x |
| 2022-03-31 | CA$0.20 | CA$1.19 | x |
| 2023-03-31 | CA$0.14 | CA$1.19 | x |
| 2024-03-31 | CA$0.08 | CA$1.19 | x |
| 2025-03-31 | CA$0.06 | CA$1.19 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Eco Atlantic Oil & Gas Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -11.17%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.06x
- Recent ROE (-11.17%) is above the historical average (-39.73%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | -12.89% | -1944.98% | 0.01x | 1.03x | CA$-387.67K |
| 2009 | -6.49% | 0.00% | 0.00x | 1.03x | CA$-213.35K |
| 2010 | -5.82% | 0.00% | 0.00x | 1.01x | CA$-224.86K |
| 2011 | -54.06% | 0.00% | 0.00x | 1.04x | CA$-664.35K |
| 2012 | -60.46% | 0.00% | 0.00x | 1.05x | CA$-6.64 Million |
| 2013 | -41.18% | -6239.24% | 0.01x | 1.02x | CA$-4.87 Million |
| 2014 | -59.23% | -5624.04% | 0.01x | 1.03x | CA$-3.95 Million |
| 2015 | 1.72% | 3.20% | 0.39x | 1.39x | CA$-683.47K |
| 2016 | -105.44% | -889.90% | 0.08x | 1.51x | CA$-4.31 Million |
| 2017 | -44.19% | -22432.76% | 0.00x | 1.09x | CA$-3.26 Million |
| 2018 | -50.95% | -613.54% | 0.08x | 1.04x | CA$-7.58 Million |
| 2019 | 16.60% | 24.63% | 0.64x | 1.06x | CA$1.24 Million |
| 2020 | -96.21% | -5248.86% | 0.02x | 1.02x | CA$-20.75 Million |
| 2021 | -22.67% | 0.00% | 0.00x | 1.06x | CA$-5.24 Million |
| 2022 | -19.85% | -224567.80% | 0.00x | 1.14x | CA$-12.01 Million |
| 2023 | -72.17% | -54910.93% | 0.00x | 1.10x | CA$-41.62 Million |
| 2024 | -70.78% | -1244008.14% | 0.00x | 1.04x | CA$-24.25 Million |
| 2025 | -11.17% | 0.00% | 0.00x | 1.06x | CA$-4.32 Million |
Industry Comparison
This section compares Eco Atlantic Oil & Gas 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: $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 |
|---|---|---|---|---|
| Eco Atlantic Oil & Gas Ltd (EOG) | CA$17.57 Million | -12.89% | 0.08x | $225.81 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 Eco Atlantic Oil & Gas Ltd
Eco (Atlantic) Oil & Gas Ltd. engages in the identifying, acquiring, and exploring oil and gas assets in the Co-Operative Republic of Guyana, Republic of Namibia, and South Africa. The company holds a 100% working interest in the Orinduik block comprising 1,354 square kilometers located in the Suriname Guyana basin; and 17.5% interests in the Canje Block covering an area of 4,800 square kilometer… Read more