Strikewell Energy Corp
Strikewell Energy Corp., together with its subsidiaries, engages in the exploration of petroleum and natural gas interests in Canada. It owns a 100% working interest in a producing Garrington area oil well with 640 acres of related oil and gas petroleum rights in Garrington, Alberta. The company was formerly known as FM Resources Corp. and changed its name to Strikewell Energy Corp. in September … Read more
Strikewell Energy Corp (SKK) - Net Assets
Latest net assets as of September 2025: CA$-27.82 Million CAD
Based on the latest financial reports, Strikewell Energy Corp (SKK) has net assets worth CA$-27.82 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$557.60K) and total liabilities (CA$28.37 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-27.82 Million |
| % of Total Assets | -4988.53% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Strikewell Energy Corp - Net Assets Trend (2016–2024)
This chart illustrates how Strikewell Energy 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 Strikewell Energy Corp (2016–2024)
The table below shows the annual net assets of Strikewell Energy Corp from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$-26.13 Million | -9.32% |
| 2023-12-31 | CA$-23.90 Million | -9.11% |
| 2022-12-31 | CA$-21.90 Million | -9.52% |
| 2021-12-31 | CA$-20.00 Million | -10.95% |
| 2020-12-31 | CA$-18.02 Million | -14.77% |
| 2019-12-31 | CA$-15.70 Million | -15.67% |
| 2018-12-31 | CA$-13.58 Million | -20.06% |
| 2017-12-31 | CA$-11.31 Million | -19.04% |
| 2016-12-31 | CA$-9.50 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Strikewell 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 1653671900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$20.76 Million | % |
| Total Equity | CA$-26.13 Million | 100.00% |
Strikewell Energy Corp Competitors by Market Cap
The table below lists competitors of Strikewell Energy Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Saluda Medical Inc
AU:SLD
|
$293.31K |
|
Mass Megawat Wind Pw
PINK:MMMW
|
$293.58K |
|
Dream Homes & Development Corporation
PINK:DREM
|
$293.60K |
|
POLYONE
MU:PY9
|
$293.93K |
|
CAREER EDUCATION (CE1.SG)
STU:CE1
|
$293.00K |
|
Randall & Quilter Investment Holdings Ltd
PINK:RQIHF
|
$292.92K |
|
EA Series Trust
NYSE:STXI
|
$292.84K |
|
SW UMWELTTECHNIK
BE:SWU
|
$292.71K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Strikewell Energy Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -23,897,807 to -26,125,556, a change of -2,227,749.
- Net loss of 2,227,749 reduced equity.
- Other factors decreased equity by 0.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-2.23 Million | -8.53% |
| Total Change | CA$- | % |
Book Value vs Market Value Analysis
This analysis compares Strikewell Energy Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CA$-1.31 | CA$0.12 | x |
| 2018-12-31 | CA$-1.57 | CA$0.12 | x |
| 2019-12-31 | CA$-1.82 | CA$0.12 | x |
| 2020-12-31 | CA$-2.09 | CA$0.12 | x |
| 2021-12-31 | CA$-2.32 | CA$0.12 | x |
| 2022-12-31 | CA$-2.54 | CA$0.12 | x |
| 2023-12-31 | CA$-2.77 | CA$0.12 | x |
| 2024-12-31 | CA$-3.03 | CA$0.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Strikewell Energy Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -324.94%
- • Asset Turnover: 0.91x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (0.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 0.00% | -297.66% | 0.72x | 0.00x | CA$-1.00 Million |
| 2017 | 0.00% | -231.52% | 0.82x | 0.00x | CA$-571.24K |
| 2018 | 0.00% | -324.74% | 0.78x | 0.00x | CA$-927.20K |
| 2019 | 0.00% | -329.63% | 0.61x | 0.00x | CA$-557.62K |
| 2020 | 0.00% | -549.93% | 0.60x | 0.00x | CA$-516.78K |
| 2021 | 0.00% | -238.20% | 0.89x | 0.00x | CA$25.38K |
| 2022 | 0.00% | -171.48% | 1.15x | 0.00x | CA$285.85K |
| 2023 | 0.00% | -245.83% | 0.83x | 0.00x | CA$393.85K |
| 2024 | 0.00% | -324.94% | 0.91x | 0.00x | CA$384.81K |
Industry Comparison
This section compares Strikewell 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: $147,146,442
- Average return on equity (ROE) among peers: -11.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Strikewell Energy Corp (SKK) | CA$-27.82 Million | 0.00% | N/A | $293.23K |
| Advantage Oil & Gas Ltd. (AAV) | $1.21 Billion | -1.30% | 0.24x | $1.14 Billion |
| Alvopetro Energy (ALV) | $88.21 Million | 32.34% | 0.25x | $204.73 Million |
| Bison Gold Resources Inc (BGE) | $899.62K | -107.98% | 0.20x | $178.53K |
| Capitan Investment Ltd (CAI) | $7.61 Million | -5.00% | 0.19x | $283.50K |
| Canada Energy Partners Inc (CE-H) | $-35.43K | 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) | $-416.42K | 0.00% | 0.00x | $456.61K |
| Criterium Energy Ltd. (CEQ) | $35.84K | -43.56% | 2.58x | $7.52 Million |
| Cavvy Energy Ltd. (CVVY) | $70.10 Million | 25.08% | 0.20x | $8.36K |
| District Mines Ltd (DIG-H) | $-286.86K | 0.00% | 0.00x | $1.17 Million |