Jericho Oil Corp (JEV) - Net Assets
Based on the latest financial reports, Jericho Oil Corp (JEV) has net assets worth CA$9.12 Million CAD (≈ $6.60 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$14.37 Million ≈ $10.39 Million 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. Read Jericho Oil Corp total liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$9.12 Million |
| % of Total Assets | 63.45% |
| Annual Growth Rate | -16.36% |
| 5-Year Change | -36.25% |
| 10-Year Change | N/A |
| Growth Volatility | 18.08 |
Jericho Oil Corp - Net Assets Trend (2017–2024)
This chart illustrates how Jericho Oil Corp's net assets have evolved over time, based on quarterly financial data. Also explore Jericho Oil Corp assets under control for the complete picture of this company's asset base.
Annual Net Assets for Jericho Oil Corp (2017–2024)
The table below shows the annual net assets of Jericho Oil Corp from 2017 to 2024. For live valuation and market cap data, see how much is Jericho Oil Corp worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$12.18 Million ≈ $8.81 Million |
-8.94% |
| 2023-12-31 | CA$13.38 Million ≈ $9.68 Million |
-24.15% |
| 2022-12-31 | CA$17.64 Million ≈ $12.76 Million |
-20.53% |
| 2021-12-31 | CA$22.20 Million ≈ $16.06 Million |
+16.15% |
| 2020-12-31 | CA$19.11 Million ≈ $13.83 Million |
-42.83% |
| 2019-12-31 | CA$33.43 Million ≈ $24.18 Million |
-23.60% |
| 2018-12-31 | CA$43.76 Million ≈ $31.65 Million |
+2.88% |
| 2017-12-31 | CA$42.53 Million ≈ $30.77 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Jericho Oil 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 4586498800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$66.51 Million | 538.48% |
| Total Equity | CA$12.35 Million | 100.00% |
Jericho Oil Corp Competitors by Market Cap
The table below lists competitors of Jericho Oil Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sidiz Inc
KO:134790
|
$21.99 Million |
|
Han Chang Pape
KO:009460
|
$22.00 Million |
|
Swoop Holdings Ltd
AU:SWP
|
$22.01 Million |
|
Romcarbon Sa B
RO:ROCE
|
$22.01 Million |
|
Glostrext Berhad
KLSE:0284
|
$21.99 Million |
|
UTStarcom Holdings Corp
NASDAQ:UTSI
|
$21.99 Million |
|
Patagonia Lithium Ltd
AU:PL3
|
$21.98 Million |
|
ALUMEXX N.V. NAM. EO-10
F:NE8F
|
$21.97 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jericho Oil Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 13,379,573 to 12,352,030, a change of -1,027,543 (-7.7%).
- Net loss of 7,271,366 reduced equity.
- New share issuances of 1,655,839 increased equity.
- Other factors increased equity by 4,587,984.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-7.27 Million | -58.87% |
| Share Issuances | CA$1.66 Million | +13.41% |
| Other Changes | CA$4.59 Million | +37.14% |
| Total Change | CA$- | -7.68% |
Book Value vs Market Value Analysis
This analysis compares Jericho Oil 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: 2.29x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.27x to 2.29x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CA$0.37 | CA$0.10 | x |
| 2018-12-31 | CA$0.34 | CA$0.10 | x |
| 2019-12-31 | CA$0.26 | CA$0.10 | x |
| 2020-12-31 | CA$0.11 | CA$0.10 | x |
| 2021-12-31 | CA$0.10 | CA$0.10 | x |
| 2022-12-31 | CA$0.08 | CA$0.10 | x |
| 2023-12-31 | CA$0.05 | CA$0.10 | x |
| 2024-12-31 | CA$0.04 | CA$0.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jericho Oil Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -58.87%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -65284.31%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.40x
- Recent ROE (-58.87%) is below the historical average (-40.23%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -14.14% | -1536.61% | 0.01x | 1.01x | CA$-10.27 Million |
| 2018 | -9.29% | -994.31% | 0.01x | 1.01x | CA$-8.44 Million |
| 2019 | -25.51% | -3589.12% | 0.01x | 1.02x | CA$-11.87 Million |
| 2020 | -105.32% | -36234.02% | 0.00x | 1.03x | CA$-22.04 Million |
| 2021 | -28.37% | -10475.06% | 0.00x | 1.27x | CA$-8.52 Million |
| 2022 | -25.60% | -19357.39% | 0.00x | 1.24x | CA$-6.28 Million |
| 2023 | -54.72% | -10029.63% | 0.00x | 1.42x | CA$-8.66 Million |
| 2024 | -58.87% | -65284.31% | 0.00x | 1.40x | CA$-8.51 Million |
Industry Comparison
This section compares Jericho Oil 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: $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 |
|---|---|---|---|---|
| Jericho Oil Corp (JEV) | CA$9.12 Million | -14.14% | 0.58x | $21.99 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 Jericho Oil Corp
Jericho Energy Ventures Inc., together with its subsidiaries, engages in the acquisition, exploration, development, and production of oil and natural gas in the United States. It also invests in hydrogen production, battery technology storage, carbon capture, and new energy systems. The company was formerly known as Jericho Oil Corporation and changed its name to Jericho Energy Ventures Inc. in M… Read more