New Zealand Energy Corp (NZ) - Net Assets
Based on the latest financial reports, New Zealand Energy Corp (NZ) has net assets worth CA$5.57 Million CAD (≈ $4.03 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$17.30 Million ≈ $12.51 Million USD) and total liabilities (CA$11.73 Million ≈ $8.48 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. Also explore balance sheet size of New Zealand Energy Corp for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$5.57 Million |
| % of Total Assets | 32.21% |
| Annual Growth Rate | -22.85% |
| 5-Year Change | 58.86% |
| 10-Year Change | -74.25% |
| Growth Volatility | 45.18 |
New Zealand Energy Corp - Net Assets Trend (2012–2024)
This chart illustrates how New Zealand Energy Corp's net assets have evolved over time, based on quarterly financial data. Check New Zealand Energy Corp (NZ) tangible net worth to evaluate the tangible quality of the company's equity base.
Annual Net Assets for New Zealand Energy Corp (2012–2024)
The table below shows the annual net assets of New Zealand Energy Corp from 2012 to 2024. For live valuation and market cap data, see NZ market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$4.14 Million ≈ $2.99 Million |
+15.09% |
| 2023-12-31 | CA$3.60 Million ≈ $2.60 Million |
+4.15% |
| 2022-12-31 | CA$3.45 Million ≈ $2.50 Million |
+114.20% |
| 2021-12-31 | CA$1.61 Million ≈ $1.17 Million |
-38.13% |
| 2020-12-31 | CA$2.60 Million ≈ $1.88 Million |
-15.16% |
| 2019-12-31 | CA$3.07 Million ≈ $2.22 Million |
-37.26% |
| 2018-12-31 | CA$4.89 Million ≈ $3.54 Million |
-14.69% |
| 2017-12-31 | CA$5.74 Million ≈ $4.15 Million |
-45.92% |
| 2016-12-31 | CA$10.61 Million ≈ $7.67 Million |
-33.99% |
| 2015-12-31 | CA$16.07 Million ≈ $11.62 Million |
-32.41% |
| 2014-12-31 | CA$23.77 Million ≈ $17.20 Million |
-75.10% |
| 2013-12-31 | CA$95.48 Million ≈ $69.07 Million |
+2.65% |
| 2012-12-31 | CA$93.02 Million ≈ $67.29 Million |
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Equity Component Analysis
This analysis shows how different components contribute to New Zealand Energy 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 9549954500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$119.72 Million | 2893.45% |
| Total Equity | CA$4.14 Million | 100.00% |
New Zealand Energy Corp Competitors by Market Cap
The table below lists competitors of New Zealand Energy Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Astral Asia Bhd
KLSE:7054
|
$17.38 Million |
|
WESTWARD GOLD INC.
F:IM50
|
$17.39 Million |
|
Alma Metals Ltd
AU:ALM
|
$17.39 Million |
|
UMS-Neiken Group Bhd
KLSE:7227
|
$17.40 Million |
|
Job Solution Sweden Holding AB
ST:JOBS
|
$17.38 Million |
|
Greenwing Resources Ltd
AU:GW1
|
$17.38 Million |
|
Stardust Power Inc.
NASDAQ:SDST
|
$17.37 Million |
|
Trilogiq
PA:ALTRI
|
$17.36 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in New Zealand Energy Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,595,003 to 4,137,466, a change of 542,463 (15.1%).
- Net loss of 8,071,050 reduced equity.
- New share issuances of 7,969,274 increased equity.
- Other factors increased equity by 644,239.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-8.07 Million | -195.07% |
| Share Issuances | CA$7.97 Million | +192.61% |
| Other Changes | CA$644.24K | +15.57% |
| Total Change | CA$- | 15.09% |
Book Value vs Market Value Analysis
This analysis compares New Zealand Energy 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: 2.14x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 17.40x to 2.14x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CA$0.02 | CA$0.43 | x |
| 2018-12-31 | CA$0.02 | CA$0.43 | x |
| 2019-12-31 | CA$0.01 | CA$0.43 | x |
| 2020-12-31 | CA$0.01 | CA$0.43 | x |
| 2021-12-31 | CA$0.07 | CA$0.43 | x |
| 2022-12-31 | CA$0.15 | CA$0.43 | x |
| 2023-12-31 | CA$0.43 | CA$0.43 | x |
| 2024-12-31 | CA$0.20 | CA$0.43 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently New Zealand Energy Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -195.07%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -691.69%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 4.23x
- Recent ROE (-195.07%) is below the historical average (-69.38%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | -3.33% | -17.81% | 0.15x | 1.25x | CA$-12.40 Million |
| 2013 | -14.89% | -141.68% | 0.09x | 1.15x | CA$-23.77 Million |
| 2014 | -353.81% | -595.43% | 0.41x | 1.45x | CA$-86.48 Million |
| 2015 | -36.79% | -119.71% | 0.18x | 1.76x | CA$-7.52 Million |
| 2016 | -49.27% | -89.08% | 0.25x | 2.17x | CA$-6.29 Million |
| 2017 | -79.10% | -52.28% | 0.41x | 3.69x | CA$-5.11 Million |
| 2018 | -20.37% | -7.93% | 0.64x | 3.98x | CA$-1.49 Million |
| 2019 | -52.93% | -16.41% | 0.59x | 5.49x | CA$-1.93 Million |
| 2020 | -47.69% | -21.98% | 0.43x | 5.03x | CA$-1.50 Million |
| 2021 | -46.61% | -14.70% | 0.34x | 9.30x | CA$-912.22K |
| 2022 | 51.78% | 38.12% | 0.30x | 4.60x | CA$1.44 Million |
| 2023 | -53.93% | -101.13% | 0.13x | 4.25x | CA$-2.30 Million |
| 2024 | -195.07% | -691.69% | 0.07x | 4.23x | CA$-8.48 Million |
Industry Comparison
This section compares New Zealand Energy 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: $551,867,997
- Average return on equity (ROE) among peers: -29.94%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| New Zealand Energy Corp (NZ) | CA$5.57 Million | -3.33% | 2.10x | $17.38 Million |
| Advantage Oil & Gas Ltd. (AAV) | $1.31 Billion | 7.25% | 0.29x | $1.27 Billion |
| Africa Energy Corp (AFE) | $131.85 Million | -90.85% | 0.05x | $64.12 Million |
| Alvopetro Energy (ALV) | $146.58 Million | -5.05% | 0.06x | $247.38 Million |
| Africa Oil Corp (AOI) | $42.61K | -183.48% | 6.45x | $820.85 Million |
| Altima Resources Ltd (ARH) | $-9.83 Million | 0.00% | 0.00x | $19.37 Million |
| ARC Resources Ltd. (ARX) | $2.04 Billion | 24.26% | 0.73x | $13.44 Billion |
| Athabasca Oil Corp (ATH) | $1.86 Billion | 25.10% | 0.33x | $3.77 Billion |
| Altai Resources Inc. (ATI) | $4.64 Million | -4.40% | 0.06x | $1.12 Million |
| Avanti Energy Inc (AVN) | $2.39 Million | -73.60% | 0.08x | $24.04 Million |
| Arrow Exploration Corp (AXL) | $25.90 Million | 1.34% | 1.05x | $102.36 Million |
About New Zealand Energy Corp
New Zealand Energy Corp., through its subsidiaries, engages in the acquisition, exploration, development, production, and appraisal of oil, natural gas, and midstream assets in New Zealand. The company's flagship project is the 50%-owned Tariki gas storage project (petroleum mining license 38138), located in the Taranaki Basin on the North Island. New Zealand Energy Corp. was founded in 2010 and … Read more