Pulse Oil Corp
Pulse Oil Corp. engages in the exploration and production of crude oil, natural gas, and natural gas liquid projects in Alberta. The company was formerly known as Wolfpack Capital Corp. and changed its name to Pulse Oil Corp. in December 2016. Pulse Oil Corp. was incorporated in 2012 and is headquartered in Vancouver, Canada.
Pulse Oil Corp (PUL) - Net Assets
Latest net assets as of September 2025: CA$24.10 Million CAD
Based on the latest financial reports, Pulse Oil Corp (PUL) has net assets worth CA$24.10 Million CAD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$30.97 Million) and total liabilities (CA$6.87 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$24.10 Million |
| % of Total Assets | 77.82% |
| Annual Growth Rate | 52.77% |
| 5-Year Change | 108.51% |
| 10-Year Change | 15136.63% |
| Growth Volatility | 2506.04 |
Pulse Oil Corp - Net Assets Trend (2013–2024)
This chart illustrates how Pulse Oil Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Pulse Oil Corp (2013–2024)
The table below shows the annual net assets of Pulse Oil Corp from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$24.45 Million | -0.87% |
| 2023-12-31 | CA$24.67 Million | -5.96% |
| 2022-12-31 | CA$26.23 Million | +87.18% |
| 2021-12-31 | CA$14.02 Million | +19.50% |
| 2020-12-31 | CA$11.73 Million | -21.31% |
| 2019-12-31 | CA$14.90 Million | -13.24% |
| 2018-12-31 | CA$17.18 Million | +150.01% |
| 2017-12-31 | CA$6.87 Million | +8728.25% |
| 2016-12-31 | CA$77.84K | -51.50% |
| 2015-12-31 | CA$160.50K | -17.27% |
| 2014-12-31 | CA$194.00K | -16.08% |
| 2013-12-31 | CA$231.18K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Pulse 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 1243822400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$36.90 Million | 150.90% |
| Total Equity | CA$24.45 Million | 100.00% |
Pulse Oil Corp Competitors by Market Cap
The table below lists competitors of Pulse Oil Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Asturiana de Laminados S.A.
MC:ELZ
|
$5.64 Million |
|
ESG Global Impact Capital Inc
OTCQB:ESIFF
|
$5.65 Million |
|
TIRUPATI GRAPHITE LS-025
F:0WL
|
$5.65 Million |
|
Com.Tel S.p.A.
F:CX3
|
$5.65 Million |
|
LifeSpeak Inc
PINK:LSPKF
|
$5.64 Million |
|
TRIBECA RESOURCES CORPORA
F:381
|
$5.64 Million |
|
Champ Resto Indonesia PT
JK:ENAK
|
$5.63 Million |
|
PureBase Corp
PINK:PUBC
|
$5.63 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pulse Oil Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 24,670,451 to 24,454,646, a change of -215,805 (-0.9%).
- Net loss of 4,279,600 reduced equity.
- New share issuances of 4,156,438 increased equity.
- Other comprehensive income decreased equity by 2,861,310.
- Other factors increased equity by 2,768,667.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-4.28 Million | -17.5% |
| Share Issuances | CA$4.16 Million | +17.0% |
| Other Comprehensive Income | CA$-2.86 Million | -11.7% |
| Other Changes | CA$2.77 Million | +11.32% |
| Total Change | CA$- | -0.87% |
Book Value vs Market Value Analysis
This analysis compares Pulse 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: 0.38x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | CA$0.05 | CA$0.02 | x |
| 2014-12-31 | CA$0.03 | CA$0.02 | x |
| 2015-12-31 | CA$0.02 | CA$0.02 | x |
| 2016-12-31 | CA$0.00 | CA$0.02 | x |
| 2017-12-31 | CA$0.06 | CA$0.02 | x |
| 2018-12-31 | CA$0.11 | CA$0.02 | x |
| 2019-12-31 | CA$0.06 | CA$0.02 | x |
| 2020-12-31 | CA$0.05 | CA$0.02 | x |
| 2021-12-31 | CA$0.06 | CA$0.02 | x |
| 2022-12-31 | CA$0.04 | CA$0.02 | x |
| 2023-12-31 | CA$0.05 | CA$0.02 | x |
| 2024-12-31 | CA$0.04 | CA$0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pulse Oil Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -17.50%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -79.58%
- • Asset Turnover: 0.18x
- • Equity Multiplier: 1.21x
- Recent ROE (-17.50%) is above the historical average (-23.21%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -38.23% | 0.00% | 0.00x | 1.03x | CA$-111.50K |
| 2014 | -27.16% | 0.00% | 0.00x | 1.02x | CA$-72.10K |
| 2015 | -21.20% | 0.00% | 0.00x | 1.06x | CA$-50.08K |
| 2016 | -106.20% | -823.98% | 0.08x | 1.58x | CA$-90.45K |
| 2017 | -25.61% | -248.99% | 0.07x | 1.48x | CA$-2.45 Million |
| 2018 | 0.27% | 1.73% | 0.11x | 1.38x | CA$-1.67 Million |
| 2019 | -20.82% | -140.17% | 0.11x | 1.31x | CA$-4.59 Million |
| 2020 | -27.08% | -320.76% | 0.06x | 1.47x | CA$-4.35 Million |
| 2021 | 5.87% | 25.35% | 0.16x | 1.43x | CA$-578.40K |
| 2022 | 6.02% | 26.63% | 0.18x | 1.23x | CA$-1.04 Million |
| 2023 | -6.88% | -56.87% | 0.10x | 1.16x | CA$-4.16 Million |
| 2024 | -17.50% | -79.58% | 0.18x | 1.21x | CA$-6.73 Million |
Industry Comparison
This section compares Pulse 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: $138,025,772
- Average return on equity (ROE) among peers: -9.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pulse Oil Corp (PUL) | CA$24.10 Million | -38.23% | 0.29x | $5.64 Million |
| Advantage Oil & Gas Ltd. (AAV) | $1.21 Billion | -1.70% | 0.91x | $1.14 Billion |
| Alvopetro Energy (ALV) | $55.87 Million | -9.44% | 0.28x | $190.03 Million |
| Bison Gold Resources Inc (BGE) | $899.62K | -107.98% | 0.20x | $178.53K |
| Capitan Investment Ltd (CAI) | $8.61 Million | -19.92% | 0.13x | $283.50K |
| Canada Energy Partners Inc (CE-H) | $-617.75K | 0.00% | 0.00x | $99.62K |
| Benchmark Metals Inc (CEI) | $97.08 Million | -11.50% | 0.17x | $143.60 Million |
| Columbus Energy Limited (CEL-H) | $-587.57K | 0.00% | 0.00x | $456.61K |
| Criterium Energy Ltd. (CEQ) | $109.56K | 59.85% | 0.46x | $7.89 Million |
| Cavvy Energy Ltd. (CVVY) | $10.78 Million | -2.67% | 0.18x | $8.09K |
| District Mines Ltd (DIG-H) | $-397.45K | 0.00% | 0.00x | $1.17 Million |