Ngx Energy International Corp (GASX) - Net Assets
Based on the latest financial reports, Ngx Energy International Corp (GASX) has net assets worth CA$25.25 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$235.05 Million) and total liabilities (CA$209.80 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$25.25 Million |
| % of Total Assets | 10.74% |
| Annual Growth Rate | N/A |
| 5-Year Change | 572.91% |
| 10-Year Change | -11.67% |
| Growth Volatility | 796.38 |
Ngx Energy International Corp - Net Assets Trend (2001–2024)
This chart illustrates how Ngx Energy International Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Ngx Energy International Corp (2001–2024)
The table below shows the annual net assets of Ngx Energy International Corp from 2001 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$44.82 Million | +344.17% |
| 2023-12-31 | CA$10.09 Million | -34.92% |
| 2022-12-31 | CA$15.51 Million | -7.33% |
| 2021-12-31 | CA$16.73 Million | +151.21% |
| 2020-12-31 | CA$6.66 Million | +65.86% |
| 2019-12-31 | CA$4.02 Million | -10.52% |
| 2018-12-31 | CA$4.49 Million | -93.10% |
| 2017-12-31 | CA$65.06 Million | +1975.17% |
| 2016-12-31 | CA$3.13 Million | -93.82% |
| 2015-12-31 | CA$50.74 Million | -45.70% |
| 2014-12-31 | CA$93.45 Million | -23.82% |
| 2013-12-31 | CA$122.67 Million | -17.80% |
| 2012-12-31 | CA$149.24 Million | -0.58% |
| 2011-12-31 | CA$150.10 Million | -5.68% |
| 2010-12-31 | CA$159.14 Million | +2995.19% |
| 2009-12-31 | CA$5.14 Million | +21.56% |
| 2008-12-31 | CA$4.23 Million | +278.35% |
| 2007-12-31 | CA$1.12 Million | +38.92% |
| 2006-12-31 | CA$804.74K | +117.60% |
| 2005-12-31 | CA$-4.57 Million | -25.15% |
| 2004-12-31 | CA$-3.65 Million | -16.34% |
| 2003-12-31 | CA$-3.14 Million | -81.97% |
| 2002-12-31 | CA$-1.73 Million | -214.37% |
| 2001-12-31 | CA$-549.08K | -- |
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 18970896255.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$236.19 Million | 526.93% |
| Total Equity | CA$44.82 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 |
|---|---|
|
BGR Energy Systems Limited
NSE:BGRENERGY
|
$274.74 Million |
|
Blue Foundry Bancorp
NASDAQ:BLFY
|
$274.88 Million |
|
EVR
AT:EVR
|
$274.95 Million |
|
Tolu Minerals Ltd
AU:TOK
|
$275.01 Million |
|
Challenger Gold Ltd
AU:CEL
|
$274.57 Million |
|
Vakif Faktoring A.S.
IS:VAKFA
|
$274.55 Million |
|
Daemyoung Energy Co Ltd
KQ:389260
|
$274.40 Million |
|
SMARTCRAFT CL.A NK-01
F:9YK
|
$274.38 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ngx Energy International Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 10,091,352 to 44,823,152, a change of 34,731,800 (344.2%).
- Net loss of 53,698,581 reduced equity.
- New share issuances of 22,285,396 increased equity.
- Other factors increased equity by 66,144,985.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-53.70 Million | -119.8% |
| Share Issuances | CA$22.29 Million | +49.72% |
| Other Changes | CA$66.14 Million | +147.57% |
| Total Change | CA$- | 344.17% |
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: 8.36x
- 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$1.47 | x |
| 2002-12-31 | CA$-84.28 | CA$1.47 | x |
| 2003-12-31 | CA$-150.67 | CA$1.47 | x |
| 2004-12-31 | CA$-146.35 | CA$1.47 | x |
| 2005-12-31 | CA$-135.14 | CA$1.47 | x |
| 2006-12-31 | CA$14.88 | CA$1.47 | x |
| 2007-12-31 | CA$8.39 | CA$1.47 | x |
| 2008-12-31 | CA$25.98 | CA$1.47 | x |
| 2009-12-31 | CA$29.97 | CA$1.47 | x |
| 2010-12-31 | CA$236.36 | CA$1.47 | x |
| 2011-12-31 | CA$166.34 | CA$1.47 | x |
| 2012-12-31 | CA$165.54 | CA$1.47 | x |
| 2013-12-31 | CA$123.78 | CA$1.47 | x |
| 2014-12-31 | CA$94.30 | CA$1.47 | x |
| 2015-12-31 | CA$51.19 | CA$1.47 | x |
| 2016-12-31 | CA$3.16 | CA$1.47 | x |
| 2017-12-31 | CA$3.45 | CA$1.47 | x |
| 2018-12-31 | CA$0.19 | CA$1.47 | x |
| 2019-12-31 | CA$0.15 | CA$1.47 | x |
| 2020-12-31 | CA$0.13 | CA$1.47 | x |
| 2021-12-31 | CA$0.16 | CA$1.47 | x |
| 2022-12-31 | CA$0.13 | CA$1.47 | x |
| 2023-12-31 | CA$0.07 | CA$1.47 | x |
| 2024-12-31 | CA$0.18 | CA$1.47 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ngx Energy International Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -119.80%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -140.54%
- • Asset Turnover: 0.34x
- • Equity Multiplier: 2.53x
- Recent ROE (-119.80%) is below the historical average (-116.42%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 0.00% | -2196.06% | 0.06x | 0.00x | CA$-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 |
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: $316,073,860
- Average return on equity (ROE) among peers: -16.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ngx Energy International Corp (GASX) | CA$25.25 Million | 0.00% | 8.31x | $274.63 Million |
| Advantage Oil & Gas Ltd. (AAV) | $1.21 Billion | -3.66% | 0.53x | $1.14 Billion |
| Africa Energy Corp (AFE) | $16.67 Million | -25.18% | 0.03x | $83.19 Million |
| Alvopetro Energy (ALV) | $55.87 Million | -9.44% | 0.28x | $218.42 Million |
| Africa Oil Corp (AOI) | $-4.85K | 0.00% | 0.00x | $820.85 Million |
| Altima Resources Ltd (ARH) | $-3.47 Million | 0.00% | 0.00x | $19.37 Million |
| ARC Resources Ltd. (ARX) | $167.30 Million | -8.43% | 0.55x | $10.34 Billion |
| Athabasca Oil Corp (ATH) | $1.71 Billion | 33.46% | 0.30x | $3.64 Billion |
| Altai Resources Inc. (ATI) | $4.55 Million | -0.95% | 0.10x | $1.42 Million |
| Avanti Energy Inc (AVN) | $425.22K | -75.44% | 0.06x | $24.04 Million |
| Arrow Exploration Corp (AXL) | $710.09K | -70.80% | 0.16x | $81.68 Million |
About Ngx Energy International Corp
NG Energy International Corp., a natural gas company, 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 approximate… Read more