Ngx Energy International Corp (GASX) - Net Assets
Based on the latest financial reports, Ngx Energy International Corp (GASX) has net assets worth CA$22.16 Million CAD (≈ $16.03 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$240.32 Million ≈ $173.84 Million USD) and total liabilities (CA$218.15 Million ≈ $157.81 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 Ngx Energy International Corp tangible book value ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$22.16 Million |
| % of Total Assets | 9.22% |
| Annual Growth Rate | N/A |
| 5-Year Change | 32.46% |
| 10-Year Change | 607.01% |
| Growth Volatility | 779.26 |
Ngx Energy International Corp - Net Assets Trend (2001–2025)
This chart illustrates how Ngx Energy International Corp's net assets have evolved over time, based on quarterly financial data. See Ngx Energy International Corp defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Ngx Energy International Corp (2001–2025)
The table below shows the annual net assets of Ngx Energy International Corp from 2001 to 2025. For live valuation and market cap data, see Ngx Energy International Corp (GASX) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CA$22.16 Million ≈ $16.03 Million |
-50.55% |
| 2024-12-31 | CA$44.82 Million ≈ $32.42 Million |
+344.17% |
| 2023-12-31 | CA$10.09 Million ≈ $7.30 Million |
-34.92% |
| 2022-12-31 | CA$15.51 Million ≈ $11.22 Million |
-7.33% |
| 2021-12-31 | CA$16.73 Million ≈ $12.10 Million |
+151.21% |
| 2020-12-31 | CA$6.66 Million ≈ $4.82 Million |
+65.86% |
| 2019-12-31 | CA$4.02 Million ≈ $2.91 Million |
-10.52% |
| 2018-12-31 | CA$4.49 Million ≈ $3.25 Million |
-93.10% |
| 2017-12-31 | CA$65.06 Million ≈ $47.06 Million |
+1975.17% |
| 2016-12-31 | CA$3.13 Million ≈ $2.27 Million |
-93.82% |
| 2015-12-31 | CA$50.74 Million ≈ $36.71 Million |
-45.70% |
| 2014-12-31 | CA$93.45 Million ≈ $67.60 Million |
-23.82% |
| 2013-12-31 | CA$122.67 Million ≈ $88.74 Million |
-17.80% |
| 2012-12-31 | CA$149.24 Million ≈ $107.96 Million |
-0.58% |
| 2011-12-31 | CA$150.10 Million ≈ $108.58 Million |
-5.68% |
| 2010-12-31 | CA$159.14 Million ≈ $115.12 Million |
+2995.19% |
| 2009-12-31 | CA$5.14 Million ≈ $3.72 Million |
+21.56% |
| 2008-12-31 | CA$4.23 Million ≈ $3.06 Million |
+278.35% |
| 2007-12-31 | CA$1.12 Million ≈ $808.68K |
+38.92% |
| 2006-12-31 | CA$804.74K ≈ $582.14K |
+117.60% |
| 2005-12-31 | CA$-4.57 Million ≈ $-3.31 Million |
-25.15% |
| 2004-12-31 | CA$-3.65 Million ≈ $-2.64 Million |
-16.34% |
| 2003-12-31 | CA$-3.14 Million ≈ $-2.27 Million |
-81.97% |
| 2002-12-31 | CA$-1.73 Million ≈ $-1.25 Million |
-214.37% |
| 2001-12-31 | CA$-549.08K ≈ $-397.20K |
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Equity Component Analysis
This analysis shows how different components contribute to Ngx Energy International 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 21379079655.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$237.61 Million | 1072.01% |
| Total Equity | CA$22.16 Million | 100.00% |
Ngx Energy International Corp Competitors by Market Cap
The table below lists competitors of Ngx Energy International Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tubacex S.A
MC:TUB
|
$351.47 Million |
|
Chinese Maritime Transport Ltd
TW:2612
|
$351.53 Million |
|
Hanssem
KO:009240
|
$351.56 Million |
|
PSP Projects Limited
NSE:PSPPROJECT
|
$351.56 Million |
|
Enento Group Plc
HE:ENENTO
|
$351.25 Million |
|
Arhaus Inc
NASDAQ:ARHS
|
$351.20 Million |
|
Jiangxi Everbright Measurement Cont
SHE:300906
|
$351.08 Million |
|
Drugs Made In America Acquisition Corp. Ordinary Shares
NASDAQ:DMAA
|
$350.92 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ngx Energy International Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 44,823,152 to 22,164,736, a change of -22,658,416 (-50.6%).
- Net loss of 24,081,834 reduced equity.
- Other factors increased equity by 1,423,418.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-24.08 Million | -108.65% |
| Other Changes | CA$1.42 Million | +6.42% |
| Total Change | CA$- | -50.55% |
Book Value vs Market Value Analysis
This analysis compares Ngx Energy International 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: 21.12x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | CA$-28.87 | CA$1.80 | x |
| 2002-12-31 | CA$-84.28 | CA$1.80 | x |
| 2003-12-31 | CA$-150.67 | CA$1.80 | x |
| 2004-12-31 | CA$-146.35 | CA$1.80 | x |
| 2005-12-31 | CA$-135.14 | CA$1.80 | x |
| 2006-12-31 | CA$14.88 | CA$1.80 | x |
| 2007-12-31 | CA$8.39 | CA$1.80 | x |
| 2008-12-31 | CA$25.98 | CA$1.80 | x |
| 2009-12-31 | CA$29.97 | CA$1.80 | x |
| 2010-12-31 | CA$236.36 | CA$1.80 | x |
| 2011-12-31 | CA$166.34 | CA$1.80 | x |
| 2012-12-31 | CA$165.54 | CA$1.80 | x |
| 2013-12-31 | CA$123.78 | CA$1.80 | x |
| 2014-12-31 | CA$94.30 | CA$1.80 | x |
| 2015-12-31 | CA$51.19 | CA$1.80 | x |
| 2016-12-31 | CA$3.16 | CA$1.80 | x |
| 2017-12-31 | CA$3.45 | CA$1.80 | x |
| 2018-12-31 | CA$0.19 | CA$1.80 | x |
| 2019-12-31 | CA$0.15 | CA$1.80 | x |
| 2020-12-31 | CA$0.13 | CA$1.80 | x |
| 2021-12-31 | CA$0.16 | CA$1.80 | x |
| 2022-12-31 | CA$0.13 | CA$1.80 | x |
| 2023-12-31 | CA$0.07 | CA$1.80 | x |
| 2024-12-31 | CA$0.18 | CA$1.80 | x |
| 2025-12-31 | CA$0.09 | CA$1.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ngx Energy International Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -108.65%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -53.98%
- • Asset Turnover: 0.19x
- • Equity Multiplier: 10.84x
- Recent ROE (-108.65%) is above the historical average (-116.11%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 0.00% | -2196.06% | 0.06x | 0.00x | CA$-1.19 Million |
| 2002 | 0.00% | -268.29% | 0.28x | 0.00x | CA$-1.06 Million |
| 2003 | 0.00% | -77.84% | 0.43x | 0.00x | CA$-732.83K |
| 2004 | 0.00% | -65.09% | 0.45x | 0.00x | CA$-1.01 Million |
| 2005 | 0.00% | -37.62% | 0.42x | 0.00x | CA$-560.16K |
| 2006 | -136.17% | -40.58% | 3.27x | 1.03x | CA$-1.18 Million |
| 2007 | -15.30% | 0.00% | 0.00x | 1.02x | CA$-282.89K |
| 2008 | -11.05% | 0.00% | 0.00x | 1.00x | CA$-890.50K |
| 2009 | -5.13% | 0.00% | 0.00x | 1.01x | CA$-777.95K |
| 2010 | -6.48% | 0.00% | 0.00x | 1.43x | CA$-26.23 Million |
| 2011 | 11.01% | 0.00% | 0.00x | 1.03x | CA$1.51 Million |
| 2012 | -9.01% | 0.00% | 0.00x | 1.18x | CA$-28.37 Million |
| 2013 | -22.52% | 0.00% | 0.00x | 1.28x | CA$-39.90 Million |
| 2014 | -30.07% | 0.00% | 0.00x | 1.16x | CA$-37.44 Million |
| 2015 | -82.94% | 0.00% | 0.00x | 1.25x | CA$-47.16 Million |
| 2016 | -152.95% | 0.00% | 0.00x | 1.56x | CA$-5.11 Million |
| 2017 | -21.53% | -406.96% | 0.03x | 1.52x | CA$-20.51 Million |
| 2018 | -1364.32% | -978.81% | 0.21x | 6.68x | CA$-61.68 Million |
| 2019 | -190.73% | -511.79% | 0.14x | 2.71x | CA$-8.06 Million |
| 2020 | -363.81% | -3313.55% | 0.05x | 2.17x | CA$-24.90 Million |
| 2021 | -43.77% | 0.00% | 0.00x | 1.38x | CA$-9.00 Million |
| 2022 | -64.28% | -564.34% | 0.02x | 5.36x | CA$-11.52 Million |
| 2023 | -165.27% | -138.50% | 0.11x | 10.59x | CA$-17.69 Million |
| 2024 | -119.80% | -140.54% | 0.34x | 2.53x | CA$-58.18 Million |
| 2025 | -108.65% | -53.98% | 0.19x | 10.84x | CA$-26.30 Million |
Industry Comparison
This section compares Ngx Energy International 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: $640,671,539
- Average return on equity (ROE) among peers: -13.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ngx Energy International Corp (GASX) | CA$22.16 Million | 0.00% | 9.84x | $351.42 Million |
| Advantage Oil & Gas Ltd. (AAV) | $104.81 Million | -105.16% | 0.62x | $1.27 Billion |
| Africa Energy Corp (AFE) | $189.46K | 0.00% | 0.21x | $74.52 Million |
| Alvopetro Energy (ALV) | $66.14 Million | -10.76% | 0.04x | $233.83 Million |
| Africa Oil Corp (AOI) | $948.06 Million | -5.73% | 0.05x | $820.85 Million |
| Altima Resources Ltd (ARH) | $-8.47 Million | 0.00% | 0.00x | $19.37 Million |
| ARC Resources Ltd. (ARX) | $3.55 Billion | 10.72% | 0.78x | $13.31 Billion |
| Athabasca Oil Corp (ATH) | $1.71 Billion | 33.46% | 0.30x | $4.15 Billion |
| Altai Resources Inc. (ATI) | $4.82 Million | -0.48% | 0.11x | $1.12 Million |
| Avanti Energy Inc (AVN) | $716.50K | -33.33% | 0.05x | $24.04 Million |
| Arrow Exploration Corp (AXL) | $28.16 Million | -18.70% | 0.44x | $116.49 Million |
About Ngx Energy International Corp
NG Energy International Corp. engages in the acquisition, exploration, development, and exploitation of oil and natural gas assets in Colombia. It holds working interests in the Sinú-9 block, which covers an area of approximately 311,353 acres; the Maria Conchita block, covering an area of approximately 32,518 acres; and the Tiburon block that covers an area of approximately 245,850 acres. The co… Read more