PetroFrontier Corp (PFC) - Net Assets
Based on the latest financial reports, PetroFrontier Corp (PFC) has net assets worth CA$-3.07 Million CAD (≈ $-2.22 Million USD) as of September 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$21.07 Million ≈ $15.24 Million USD) and total liabilities (CA$24.14 Million ≈ $17.46 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check PFC cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-3.07 Million |
| % of Total Assets | -14.59% |
| Annual Growth Rate | N/A |
| 5-Year Change | -108.35% |
| 10-Year Change | -108.31% |
| Growth Volatility | 43.72 |
PetroFrontier Corp - Net Assets Trend (2013–2023)
This chart illustrates how PetroFrontier Corp's net assets have evolved over time, based on quarterly financial data. Also explore PetroFrontier Corp (PFC) total assets for the complete picture of this company's asset base.
Annual Net Assets for PetroFrontier Corp (2013–2023)
The table below shows the annual net assets of PetroFrontier Corp from 2013 to 2023. For live valuation and market cap data, see PFC stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | CA$-848.81K ≈ $-614.02K |
-107.06% |
| 2022-12-31 | CA$12.02 Million ≈ $8.69 Million |
+9.84% |
| 2021-12-31 | CA$10.94 Million ≈ $7.91 Million |
-3.70% |
| 2020-12-31 | CA$11.36 Million ≈ $8.22 Million |
+11.73% |
| 2019-12-31 | CA$10.17 Million ≈ $7.35 Million |
-7.32% |
| 2018-12-31 | CA$10.97 Million ≈ $7.94 Million |
-17.01% |
| 2017-12-31 | CA$13.22 Million ≈ $9.56 Million |
-10.84% |
| 2016-12-31 | CA$14.83 Million ≈ $10.73 Million |
+54.15% |
| 2015-12-31 | CA$9.62 Million ≈ $6.96 Million |
-5.83% |
| 2014-12-31 | CA$10.21 Million ≈ $7.39 Million |
-80.06% |
| 2013-12-31 | CA$51.22 Million ≈ $37.05 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to PetroFrontier 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 6578793700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$143.95 Million | % |
| Total Equity | CA$-848.81K | 100.00% |
PetroFrontier Corp Competitors by Market Cap
The table below lists competitors of PetroFrontier Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Future Lifestyle Fashions Limited
NSE:FLFL
|
$163.86 |
|
Ordinary Fully Paid Deferred Settlement
AU:ADDDB
|
$168.49 |
|
Seed Capital Solutions Plc
LSE:SCSP
|
$169.19 |
|
NLS Pharmaceutics AG
NASDAQ:NLSPW
|
$176.12 |
|
Adheris Health Limited
AU:AHE
|
$136.67 |
|
Tarrina Resources Limited
AU:TR8
|
$131.59 |
|
Us1 Critical Minerals Limited
AU:USC
|
$125.79 |
|
NRx Pharmaceuticals Inc
NASDAQ:NRXPW
|
$124.33 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PetroFrontier Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 12,016,226 to -848,813, a change of -12,865,039 (-107.1%).
- Net loss of 13,535,528 reduced equity.
- Other factors increased equity by 670,489.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-13.54 Million | -1594.64% |
| Other Changes | CA$670.49K | +78.99% |
| Total Change | CA$- | -107.06% |
Book Value vs Market Value Analysis
This analysis compares PetroFrontier 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CA$0.09 | CA$0.02 | x |
| 2018-12-31 | CA$0.07 | CA$0.02 | x |
| 2019-12-31 | CA$0.07 | CA$0.02 | x |
| 2020-12-31 | CA$0.05 | CA$0.02 | x |
| 2021-12-31 | CA$0.05 | CA$0.02 | x |
| 2022-12-31 | CA$0.05 | CA$0.02 | x |
| 2023-12-31 | CA$0.00 | CA$0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PetroFrontier Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -359.14%
- • Asset Turnover: 0.20x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-55.97%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -113.59% | 0.00% | 0.00x | 1.03x | CA$-63.30 Million |
| 2014 | -414.04% | 0.00% | 0.00x | 1.04x | CA$-43.31 Million |
| 2015 | -8.52% | 0.00% | 0.00x | 1.01x | CA$-1.78 Million |
| 2016 | -4.77% | -56.11% | 0.06x | 1.53x | CA$-2.19 Million |
| 2017 | -13.33% | -32.81% | 0.25x | 1.64x | CA$-3.08 Million |
| 2018 | -20.88% | -64.37% | 0.18x | 1.84x | CA$-3.39 Million |
| 2019 | -8.11% | -26.50% | 0.16x | 1.91x | CA$-1.84 Million |
| 2020 | -16.45% | -152.90% | 0.05x | 2.02x | CA$-3.00 Million |
| 2021 | -20.76% | -73.59% | 0.12x | 2.36x | CA$-3.36 Million |
| 2022 | 4.82% | 7.70% | 0.28x | 2.25x | CA$-622.72K |
| 2023 | 0.00% | -359.14% | 0.20x | 0.00x | CA$-13.45 Million |
Industry Comparison
This section compares PetroFrontier 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: $642,696,496
- Average return on equity (ROE) among peers: -12.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PetroFrontier Corp (PFC) | CA$-3.07 Million | -113.59% | N/A | $139.67 |
| 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 PetroFrontier Corp
PetroFrontier Corp. a junior energy company, engages in the exploration and production of petroleum and natural gas in western Canada. The company holds interest in Cold Lake and Wabasc properties located in Alberta, Canada. PetroFrontier Corp. is based in Calgary, Canada.