Hemisphere Energy Corporation (HME) - Net Assets
Based on the latest financial reports, Hemisphere Energy Corporation (HME) has net assets worth CA$78.96 Million CAD (≈ $57.12 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$122.76 Million ≈ $88.80 Million USD) and total liabilities (CA$43.80 Million ≈ $31.68 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 HME cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$78.96 Million |
| % of Total Assets | 64.32% |
| Annual Growth Rate | 22.11% |
| 5-Year Change | 356.09% |
| 10-Year Change | 227.48% |
| Growth Volatility | 162.08 |
Hemisphere Energy Corporation - Net Assets Trend (1996–2024)
This chart illustrates how Hemisphere Energy Corporation's net assets have evolved over time, based on quarterly financial data. Also explore Hemisphere Energy Corporation balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Hemisphere Energy Corporation (1996–2024)
The table below shows the annual net assets of Hemisphere Energy Corporation from 1996 to 2024. For live valuation and market cap data, see HME market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$74.38 Million ≈ $53.80 Million |
+21.49% |
| 2023-12-31 | CA$61.22 Million ≈ $44.29 Million |
+15.52% |
| 2022-12-31 | CA$53.00 Million ≈ $38.34 Million |
+105.36% |
| 2021-12-31 | CA$25.81 Million ≈ $18.67 Million |
+58.26% |
| 2020-12-31 | CA$16.31 Million ≈ $11.80 Million |
-9.70% |
| 2019-12-31 | CA$18.06 Million ≈ $13.06 Million |
+13.80% |
| 2018-12-31 | CA$15.87 Million ≈ $11.48 Million |
-22.05% |
| 2017-12-31 | CA$20.36 Million ≈ $14.73 Million |
-7.01% |
| 2016-12-31 | CA$21.89 Million ≈ $15.84 Million |
-3.60% |
| 2015-12-31 | CA$22.71 Million ≈ $16.43 Million |
-26.00% |
| 2014-12-31 | CA$30.69 Million ≈ $22.20 Million |
+54.19% |
| 2013-12-31 | CA$19.91 Million ≈ $14.40 Million |
-0.28% |
| 2012-12-31 | CA$19.96 Million ≈ $14.44 Million |
+14.34% |
| 2011-12-31 | CA$17.46 Million ≈ $12.63 Million |
+491.79% |
| 2010-12-31 | CA$2.95 Million ≈ $2.13 Million |
+70.33% |
| 2009-12-31 | CA$1.73 Million ≈ $1.25 Million |
+81.45% |
| 2008-12-31 | CA$954.49K ≈ $690.47K |
-56.62% |
| 2007-12-31 | CA$2.20 Million ≈ $1.59 Million |
-40.28% |
| 2006-12-31 | CA$3.68 Million ≈ $2.67 Million |
-38.95% |
| 2005-12-31 | CA$6.03 Million ≈ $4.37 Million |
+16.99% |
| 2004-12-31 | CA$5.16 Million ≈ $3.73 Million |
+610.07% |
| 2003-12-31 | CA$726.45K ≈ $525.50K |
+98.49% |
| 2002-12-31 | CA$365.99K ≈ $264.75K |
-3.19% |
| 2001-12-31 | CA$378.04K ≈ $273.47K |
-38.83% |
| 2000-12-31 | CA$617.98K ≈ $447.04K |
+258.66% |
| 1999-12-31 | CA$172.30K ≈ $124.64K |
-44.33% |
| 1998-12-31 | CA$309.50K ≈ $223.89K |
-75.47% |
| 1997-12-31 | CA$1.26 Million ≈ $912.75K |
+355.90% |
| 1996-12-31 | CA$276.76K ≈ $200.21K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Hemisphere Energy Corporation'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 grown by 1828821100.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CA$9.04 Million | 12.16% |
| Other Components | CA$65.33 Million | 87.84% |
| Total Equity | CA$74.38 Million | 100.00% |
Hemisphere Energy Corporation Competitors by Market Cap
The table below lists competitors of Hemisphere Energy Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Pioneer Municipal High Income Trust
NYSE:MHI
|
$203.69 Million |
|
DFI Inc
TW:2397
|
$203.80 Million |
|
Seohee Construction Co. Ltd
KQ:035890
|
$203.88 Million |
|
OraSure Technologies Inc
NASDAQ:OSUR
|
$203.92 Million |
|
SANIONA AB (PUBL)
F:30S
|
$203.65 Million |
|
Apator S.A.
WAR:APT
|
$203.62 Million |
|
Grupo Aeroméxico, S.A.B. de C.V.
NYSE:AERO
|
$203.54 Million |
|
Trivium Real Estate Socimi SA
MC:YTRI
|
$203.53 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hemisphere Energy Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 61,223,000 to 74,379,000, a change of 13,156,000 (21.5%).
- Net income of 33,103,000 contributed positively to equity growth.
- Dividend payments of 15,703,000 reduced retained earnings.
- Share repurchases of 5,539,000 reduced equity.
- Other factors increased equity by 1,295,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$33.10 Million | +44.51% |
| Dividends Paid | CA$15.70 Million | -21.11% |
| Share Repurchases | CA$5.54 Million | -7.45% |
| Other Changes | CA$1.29 Million | +1.74% |
| Total Change | CA$- | 21.49% |
Book Value vs Market Value Analysis
This analysis compares Hemisphere Energy Corporation'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: 3.90x
- 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 3.18x to 3.90x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-12-31 | CA$0.94 | CA$2.98 | x |
| 1997-12-31 | CA$2.91 | CA$2.98 | x |
| 1998-12-31 | CA$0.59 | CA$2.98 | x |
| 1999-12-31 | CA$0.30 | CA$2.98 | x |
| 2000-12-31 | CA$0.62 | CA$2.98 | x |
| 2001-12-31 | CA$0.32 | CA$2.98 | x |
| 2002-12-31 | CA$0.27 | CA$2.98 | x |
| 2003-12-31 | CA$0.43 | CA$2.98 | x |
| 2004-12-31 | CA$1.66 | CA$2.98 | x |
| 2005-12-31 | CA$0.78 | CA$2.98 | x |
| 2006-12-31 | CA$0.40 | CA$2.98 | x |
| 2007-12-31 | CA$0.24 | CA$2.98 | x |
| 2008-12-31 | CA$0.10 | CA$2.98 | x |
| 2009-12-31 | CA$0.15 | CA$2.98 | x |
| 2010-12-31 | CA$0.15 | CA$2.98 | x |
| 2011-12-31 | CA$0.50 | CA$2.98 | x |
| 2013-12-31 | CA$0.37 | CA$2.98 | x |
| 2014-12-31 | CA$0.44 | CA$2.98 | x |
| 2015-12-31 | CA$0.30 | CA$2.98 | x |
| 2016-12-31 | CA$0.27 | CA$2.98 | x |
| 2017-12-31 | CA$0.23 | CA$2.98 | x |
| 2018-12-31 | CA$0.18 | CA$2.98 | x |
| 2019-12-31 | CA$0.20 | CA$2.98 | x |
| 2020-12-31 | CA$0.18 | CA$2.98 | x |
| 2021-12-31 | CA$0.28 | CA$2.98 | x |
| 2022-12-31 | CA$0.52 | CA$2.98 | x |
| 2023-12-31 | CA$0.60 | CA$2.98 | x |
| 2024-12-31 | CA$0.76 | CA$2.98 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hemisphere Energy Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 44.51%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 33.12%
- • Asset Turnover: 0.90x
- • Equity Multiplier: 1.50x
- Recent ROE (44.51%) is above the historical average (-44.83%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | -43.86% | -482.80% | 0.07x | 1.27x | CA$-149.06K |
| 1997 | -19.59% | -632.32% | 0.03x | 1.06x | CA$-373.32K |
| 1998 | -436.92% | -5030.40% | 0.07x | 1.28x | CA$-1.38 Million |
| 1999 | -99.94% | -1009.36% | 0.06x | 1.67x | CA$-189.43K |
| 2000 | -37.95% | -529.50% | 0.07x | 1.08x | CA$-296.32K |
| 2001 | -63.47% | -1331.71% | 0.04x | 1.16x | CA$-277.74K |
| 2002 | -72.62% | -1678.23% | 0.03x | 1.39x | CA$-302.38K |
| 2003 | 9.63% | 436.55% | 0.02x | 1.26x | CA$-2.69K |
| 2004 | -5.12% | -1871.95% | 0.00x | 1.02x | CA$-780.13K |
| 2005 | -109.71% | -20587.67% | 0.01x | 1.02x | CA$-7.22 Million |
| 2006 | -69.10% | -24732.15% | 0.00x | 1.03x | CA$-2.91 Million |
| 2007 | -73.95% | -370.69% | 0.19x | 1.05x | CA$-1.85 Million |
| 2008 | -171.58% | -462.16% | 0.31x | 1.21x | CA$-1.73 Million |
| 2009 | -35.49% | -320.59% | 0.09x | 1.20x | CA$-787.90K |
| 2010 | -43.42% | -442.58% | 0.09x | 1.10x | CA$-1.58 Million |
| 2011 | 5.40% | 20.53% | 0.24x | 1.08x | CA$-803.06K |
| 2012 | -2.38% | -7.26% | 0.26x | 1.27x | CA$-2.47 Million |
| 2013 | -19.25% | -36.24% | 0.36x | 1.46x | CA$-5.82 Million |
| 2014 | -5.43% | -10.03% | 0.34x | 1.59x | CA$-4.74 Million |
| 2015 | -36.59% | -85.24% | 0.24x | 1.80x | CA$-10.58 Million |
| 2016 | -12.24% | -43.09% | 0.16x | 1.81x | CA$-4.87 Million |
| 2017 | -18.65% | -34.59% | 0.22x | 2.41x | CA$-5.83 Million |
| 2018 | -50.01% | -44.70% | 0.30x | 3.73x | CA$-9.52 Million |
| 2019 | -7.06% | -4.05% | 0.51x | 3.41x | CA$-3.08 Million |
| 2020 | -21.20% | -18.53% | 0.36x | 3.22x | CA$-5.09 Million |
| 2021 | 16.16% | 9.67% | 0.64x | 2.60x | CA$1.59 Million |
| 2022 | 40.22% | 22.04% | 1.24x | 1.47x | CA$16.02 Million |
| 2023 | 39.52% | 28.64% | 0.93x | 1.48x | CA$18.07 Million |
| 2024 | 44.51% | 33.12% | 0.90x | 1.50x | CA$25.67 Million |
Industry Comparison
This section compares Hemisphere Energy Corporation'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 |
|---|---|---|---|---|
| Hemisphere Energy Corporation (HME) | CA$78.96 Million | -43.86% | 0.55x | $203.67 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 Hemisphere Energy Corporation
Hemisphere Energy Corporation acquires, explores, develops, and produces petroleum and natural gas properties in Canada. It primarily owns a 100% interest in the Atlee Buffalo property located in southeastern Alberta. The company was formerly known as Northern Hemisphere Development Corp. and changed its name to Hemisphere Energy Corporation in April 2009. Hemisphere Energy Corporation was founde… Read more