HTC Purenergy Inc. (HTC) - Net Assets
Based on the latest financial reports, HTC Purenergy Inc. (HTC) has net assets worth CA$-4.99 Million CAD (≈ $-3.61 Million USD) as of December 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$256.89K ≈ $185.83K USD) and total liabilities (CA$5.25 Million ≈ $3.80 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check HTC Purenergy Inc. liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-4.99 Million |
| % of Total Assets | -1944.21% |
| Annual Growth Rate | N/A |
| 5-Year Change | -115.7% |
| 10-Year Change | -122.69% |
| Growth Volatility | 59.21 |
HTC Purenergy Inc. - Net Assets Trend (2013–2023)
This chart illustrates how HTC Purenergy Inc.'s net assets have evolved over time, based on quarterly financial data. Also explore HTC Purenergy Inc. total assets for the complete picture of this company's asset base.
Annual Net Assets for HTC Purenergy Inc. (2013–2023)
The table below shows the annual net assets of HTC Purenergy Inc. from 2013 to 2023. For live valuation and market cap data, see HTC Purenergy Inc. stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | CA$-4.61 Million ≈ $-3.34 Million |
-8.08% |
| 2022-12-31 | CA$-4.27 Million ≈ $-3.09 Million |
-80.00% |
| 2021-12-31 | CA$-2.37 Million ≈ $-1.71 Million |
-155.27% |
| 2020-12-31 | CA$4.29 Million ≈ $3.10 Million |
-85.40% |
| 2019-12-31 | CA$29.38 Million ≈ $21.26 Million |
+34.77% |
| 2018-12-31 | CA$21.80 Million ≈ $15.77 Million |
-14.36% |
| 2017-12-31 | CA$25.46 Million ≈ $18.42 Million |
+8.63% |
| 2016-12-31 | CA$23.44 Million ≈ $16.95 Million |
+20.59% |
| 2015-12-31 | CA$19.44 Million ≈ $14.06 Million |
-4.39% |
| 2014-12-31 | CA$20.33 Million ≈ $14.71 Million |
-14.14% |
| 2013-12-31 | CA$23.67 Million ≈ $17.13 Million |
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Equity Component Analysis
This analysis shows how different components contribute to HTC Purenergy Inc.'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 4841779100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$64.09 Million | % |
| Total Equity | CA$-4.37 Million | 100.00% |
HTC Purenergy Inc. Competitors by Market Cap
The table below lists competitors of HTC Purenergy Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Value & Income Trust
LSE:VIP
|
$1.04 Million |
|
Suumaya Industries Limited
NSE:SUULD
|
$1.04 Million |
|
Jubilee Platinum
LSE:JLP
|
$1.04 Million |
|
Cake Box Holdings PLC
LSE:CBOX
|
$1.04 Million |
|
Trifast plc
LSE:TRI
|
$1.03 Million |
|
Biophytis S.A.
PA:ALBPS
|
$1.03 Million |
|
Dixie Gold Inc
V:DG
|
$1.03 Million |
|
Inspecs Group plc
LSE:SPEC
|
$1.03 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in HTC Purenergy Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -4,031,474 to -4,365,534, a change of -334,060.
- Net loss of 334,060 reduced equity.
- Other factors decreased equity by 0.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-334.06K | -7.65% |
| Total Change | CA$- | % |
Book Value vs Market Value Analysis
This analysis compares HTC Purenergy Inc.'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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CA$0.70 | CA$14.80 | x |
| 2018-12-31 | CA$0.55 | CA$14.80 | x |
| 2019-12-31 | CA$0.25 | CA$14.80 | x |
| 2020-12-31 | CA$0.02 | CA$14.80 | x |
| 2021-12-31 | CA$-0.01 | CA$14.80 | x |
| 2022-12-31 | CA$-0.02 | CA$14.80 | x |
| 2023-12-31 | CA$-0.02 | CA$14.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently HTC Purenergy Inc. 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): 0.00%
- 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: 0.00x
- Recent ROE (0.00%) is above the historical average (-73.88%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 20.92% | 14.69% | 0.91x | 1.56x | CA$2.12 Million |
| 2014 | -2.13% | -1.09% | 1.18x | 1.66x | CA$-2.14 Million |
| 2015 | -13.04% | -17.56% | 0.40x | 1.85x | CA$-3.93 Million |
| 2016 | 12.47% | 27.38% | 0.30x | 1.49x | CA$493.32K |
| 2017 | 8.90% | 698.20% | 0.01x | 1.29x | CA$-233.13K |
| 2018 | -20.39% | -352.86% | 0.03x | 1.92x | CA$-5.39 Million |
| 2019 | -20.51% | -217.48% | 0.05x | 1.82x | CA$-7.81 Million |
| 2020 | -798.89% | -137665.55% | 0.00x | 2.59x | CA$-34.82 Million |
| 2021 | 0.00% | -598.26% | 0.10x | 0.00x | CA$-4.20 Million |
| 2022 | 0.00% | -2310.69% | 0.07x | 0.00x | CA$-2.98 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | CA$102.49K |
Industry Comparison
This section compares HTC Purenergy Inc.'s net assets metrics with peer companies in the Oil & Gas Equipment & Services industry.
Industry Context
- Industry: Oil & Gas Equipment & Services
- Average net assets among peers: $299,776,927
- Average return on equity (ROE) among peers: 5.35%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| HTC Purenergy Inc. (HTC) | CA$-4.99 Million | 20.92% | N/A | $1.03 Million |
| Bri-Chem Corp. (BRY) | $220.28K | -35.09% | 0.42x | $6.61 Million |
| CES Energy Solutions Corp (CEU) | $814.23 Million | 23.47% | 0.89x | $2.70 Billion |
| Calfrac Well Services Ltd. (CFW) | $175.58 Million | 25.99% | 0.52x | $380.61 Million |
| Enterprise Group Inc (E) | $82.31 Million | 5.52% | 0.44x | $76.87 Million |
| Enerflex Ltd. (EFX) | $886.68 Million | 8.09% | 0.57x | $2.31 Billion |
| High Arctic Energy Services Inc. (HWO) | $148.85 Million | -12.50% | 0.25x | $7.72 Million |
| Mattr Corp (MATR) | $121.80 Million | 8.13% | 0.33x | $423.03 Million |
| Mccoy Global Inc (MCB) | $11.70 Million | 17.09% | 1.67x | $47.70 Million |
| North American Construction Group Ltd (NOA) | $456.62 Million | 7.41% | 2.99x | $401.71 Million |
About HTC Purenergy Inc.
HTC Purenergy Inc., doing business as HTC Extraction Systems, a hemp biomass extraction and formulation company, develops proprietary technologies for the extraction of biomass, gas, and liquids in Canada. The company engages in the distillation and purification of ethanol and ethanol-based solvents used in extraction. It is also involved in the industry and environmental development and advancem… Read more