Petro-Victory Energy Corp (VRY) - Net Assets
Based on the latest financial reports, Petro-Victory Energy Corp (VRY) has net assets worth CA$-5.05 Million CAD (≈ $-3.65 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$16.29 Million ≈ $11.78 Million USD) and total liabilities (CA$21.34 Million ≈ $15.43 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check VRY goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-5.05 Million |
| % of Total Assets | -30.97% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | -242.45% |
| Growth Volatility | 456.69 |
Petro-Victory Energy Corp - Net Assets Trend (2013–2024)
This chart illustrates how Petro-Victory Energy Corp's net assets have evolved over time, based on quarterly financial data. See Petro-Victory Energy Corp liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Petro-Victory Energy Corp (2013–2024)
The table below shows the annual net assets of Petro-Victory Energy Corp from 2013 to 2024. For live valuation and market cap data, see VRY stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$-4.90 Million ≈ $-3.54 Million |
-802.87% |
| 2023-12-31 | CA$697.00K ≈ $504.20K |
-76.63% |
| 2022-12-31 | CA$2.98 Million ≈ $2.16 Million |
+634.86% |
| 2021-12-31 | CA$405.93K ≈ $293.64K |
+115.96% |
| 2020-12-31 | CA$-2.54 Million ≈ $-1.84 Million |
+17.31% |
| 2019-12-31 | CA$-3.08 Million ≈ $-2.22 Million |
-11.22% |
| 2018-12-31 | CA$-2.77 Million ≈ $-2.00 Million |
-10.20% |
| 2017-12-31 | CA$-2.51 Million ≈ $-1.82 Million |
+20.45% |
| 2016-12-31 | CA$-3.15 Million ≈ $-2.28 Million |
-191.72% |
| 2015-12-31 | CA$3.44 Million ≈ $2.49 Million |
-94.59% |
| 2014-12-31 | CA$63.58 Million ≈ $45.99 Million |
+7423.39% |
| 2013-12-31 | CA$-868.17K ≈ $-628.02K |
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Equity Component Analysis
This analysis shows how different components contribute to Petro-Victory 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 9555100000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$90.65 Million | % |
| Total Equity | CA$-4.90 Million | 100.00% |
Petro-Victory Energy Corp Competitors by Market Cap
The table below lists competitors of Petro-Victory Energy Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Trinseo SA
NYSE:TSE
|
$8.28 Million |
|
Creative Medical Technology Holdings Inc
NASDAQ:CELZ
|
$8.28 Million |
|
Bolt Biotherapeutics
NASDAQ:BOLT
|
$8.28 Million |
|
Moonpig Group PLC
LSE:MOON
|
$8.28 Million |
|
SPOTLIGHT GROUP AB O.N.
F:7T7
|
$8.27 Million |
|
Visgeneer
TWO:4197
|
$8.27 Million |
|
Stuve Gold Corp
V:STUV
|
$8.27 Million |
|
Zenta Group Company Limited
NASDAQ:ZTG
|
$8.27 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Petro-Victory Energy Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 697,000 to -4,899,000, a change of -5,596,000 (-802.9%).
- Net loss of 7,352,000 reduced equity.
- New share issuances of 2,663,000 increased equity.
- Other factors decreased equity by 907,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-7.35 Million | -150.07% |
| Share Issuances | CA$2.66 Million | +54.36% |
| Other Changes | CA$-907.00K | -18.51% |
| Total Change | CA$- | -802.87% |
Book Value vs Market Value Analysis
This analysis compares Petro-Victory Energy Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CA$-0.40 | CA$0.60 | x |
| 2018-12-31 | CA$-0.37 | CA$0.60 | x |
| 2019-12-31 | CA$-0.34 | CA$0.60 | x |
| 2020-12-31 | CA$-0.28 | CA$0.60 | x |
| 2021-12-31 | CA$0.03 | CA$0.60 | x |
| 2022-12-31 | CA$0.16 | CA$0.60 | x |
| 2023-12-31 | CA$0.04 | CA$0.60 | x |
| 2024-12-31 | CA$-0.24 | CA$0.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Petro-Victory Energy Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -651.77%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-297.03%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-313.70K |
| 2014 | -5.93% | 0.00% | 0.00x | 1.04x | CA$-10.13 Million |
| 2015 | -1761.86% | 0.00% | 0.00x | 2.47x | CA$-60.93 Million |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-6.39 Million |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-538.08K |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-874.15K |
| 2019 | 0.00% | -3011.43% | 0.01x | 0.00x | CA$-1.01 Million |
| 2020 | 0.00% | 63.14% | 0.06x | 0.00x | CA$441.88K |
| 2021 | -683.37% | -318.12% | 0.10x | 22.00x | CA$-2.81 Million |
| 2022 | -228.56% | -445.62% | 0.11x | 4.73x | CA$-7.12 Million |
| 2023 | -884.65% | -349.55% | 0.13x | 18.96x | CA$-6.24 Million |
| 2024 | 0.00% | -651.77% | 0.09x | 0.00x | CA$-6.86 Million |
Industry Comparison
This section compares Petro-Victory 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: $468,854,611
- Average return on equity (ROE) among peers: -17.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Petro-Victory Energy Corp (VRY) | CA$-5.05 Million | 0.00% | N/A | $8.28 Million |
| Advantage Oil & Gas Ltd. (AAV) | $1.56 Billion | 21.64% | 0.42x | $1.17 Billion |
| Africa Energy Corp (AFE) | $265.56 Million | 18.32% | 0.01x | $67.59 Million |
| Alvopetro Energy (ALV) | $95.37 Million | 24.22% | 0.47x | $235.69 Million |
| Africa Oil Corp (AOI) | $24.87 Million | -14.72% | 0.42x | $820.85 Million |
| Altima Resources Ltd (ARH) | $19.56 Million | -8.72% | 0.40x | $19.37 Million |
| ARC Resources Ltd. (ARX) | $2.10 Billion | 25.38% | 0.79x | $12.87 Billion |
| Athabasca Oil Corp (ATH) | $567.02 Million | -127.10% | 1.51x | $3.78 Billion |
| Altai Resources Inc. (ATI) | $22.21 Million | -2.68% | 0.02x | $1.12 Million |
| Avanti Energy Inc (AVN) | $2.38 Million | -86.78% | 0.06x | $24.04 Million |
| Arrow Exploration Corp (AXL) | $27.18 Million | -27.59% | 0.08x | $102.36 Million |
About Petro-Victory Energy Corp
Petro-Victory Energy Corp., through its subsidiaries, engages in the petroleum and natural gas exploration, and other energy activities in Brazil. The company holds 100% interest in the Potiguar Basin, which comprises 34 blocks and three fields located in the state of Rio Grande do Norte; and the Barreirinhas Basin located in the state of Maranhão. Petro-Victory Energy Corp. was founded in 2006 a… Read more