Serinus Energy Inc. (SEN) - Net Assets
Based on the latest financial reports, Serinus Energy Inc. (SEN) has net assets worth zł14.29 Million PLN (≈ $3.93 Million USD) as of December 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (zł64.33 Million ≈ $17.70 Million USD) and total liabilities (zł50.04 Million ≈ $13.77 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 financial resilience of Serinus Energy Inc. to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | zł14.29 Million |
| % of Total Assets | 22.21% |
| Annual Growth Rate | -2.81% |
| 5-Year Change | -54.47% |
| 10-Year Change | -69.08% |
| Growth Volatility | 97.71 |
Serinus Energy Inc. - Net Assets Trend (2007–2024)
This chart illustrates how Serinus Energy Inc.'s net assets have evolved over time, based on quarterly financial data. Also explore SEN total assets for the complete picture of this company's asset base.
Annual Net Assets for Serinus Energy Inc. (2007–2024)
The table below shows the annual net assets of Serinus Energy Inc. from 2007 to 2024. For live valuation and market cap data, see Serinus Energy Inc. market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | zł14.29 Million ≈ $3.93 Million |
-39.92% |
| 2023-12-31 | zł23.78 Million ≈ $6.54 Million |
-35.39% |
| 2022-12-31 | zł36.80 Million ≈ $10.13 Million |
-1.69% |
| 2021-12-31 | zł37.43 Million ≈ $10.30 Million |
+19.29% |
| 2020-12-31 | zł31.38 Million ≈ $8.64 Million |
+116.14% |
| 2019-12-31 | zł14.52 Million ≈ $4.00 Million |
+8.81% |
| 2018-12-31 | zł13.34 Million ≈ $3.67 Million |
+260.21% |
| 2017-12-31 | zł3.70 Million ≈ $1.02 Million |
-1.23% |
| 2016-12-31 | zł3.75 Million ≈ $1.03 Million |
-91.88% |
| 2015-12-31 | zł46.20 Million ≈ $12.71 Million |
-56.41% |
| 2014-12-31 | zł105.99 Million ≈ $29.17 Million |
-37.85% |
| 2013-12-31 | zł170.54 Million ≈ $46.94 Million |
+38.15% |
| 2012-12-31 | zł123.45 Million ≈ $33.98 Million |
-29.27% |
| 2011-12-31 | zł174.53 Million ≈ $48.03 Million |
-2.07% |
| 2010-12-31 | zł178.22 Million ≈ $49.05 Million |
+170.28% |
| 2009-12-31 | zł65.94 Million ≈ $18.15 Million |
+222.97% |
| 2008-12-31 | zł20.42 Million ≈ $5.62 Million |
-11.95% |
| 2007-12-31 | zł23.19 Million ≈ $6.38 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Serinus Energy Inc.'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 40132989800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | zł401.64 Million | 2811.43% |
| Other Components | zł21.74 Million | 152.15% |
| Total Equity | zł14.29 Million | 100.00% |
Serinus Energy Inc. Competitors by Market Cap
The table below lists competitors of Serinus Energy Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Aciselsan Acipayam Seluloz Sanayi Ve Ticaret AS
IS:ACSEL
|
$28.98 Million |
|
TVI Pacific Inc
V:TVI
|
$28.99 Million |
|
Lotus KFM Bhd
KLSE:8303
|
$29.00 Million |
|
Elgi Rubber Company Limited
NSE:ELGIRUBCO
|
$29.02 Million |
|
The United Nilgiri Tea Estates Company Limited
NSE:UNITEDTEA
|
$28.97 Million |
|
Aimflex Bhd
KLSE:0209
|
$28.96 Million |
|
AppSpotr AB
ST:APTR
|
$28.96 Million |
|
Gesundheitswelt Chiemgau AG
MU:JTH
|
$28.95 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Serinus Energy Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 23,778,000 to 14,286,000, a change of -9,492,000 (-39.9%).
- Net loss of 9,713,000 reduced equity.
- New share issuances of 90,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | zł-9.71 Million | -67.99% |
| Share Issuances | zł90.00K | +0.63% |
| Other Changes | zł131.00K | +0.92% |
| Total Change | zł- | -39.92% |
Book Value vs Market Value Analysis
This analysis compares Serinus Energy Inc.'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: 5.76x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 0.03x to 5.76x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | zł28.08 | zł0.71 | x |
| 2008-12-31 | zł2.56 | zł0.71 | x |
| 2009-12-31 | zł50.90 | zł0.71 | x |
| 2010-12-31 | zł49.24 | zł0.71 | x |
| 2011-12-31 | zł36.85 | zł0.71 | x |
| 2012-12-31 | zł20.71 | zł0.71 | x |
| 2013-12-31 | zł21.58 | zł0.71 | x |
| 2014-12-31 | zł11.03 | zł0.71 | x |
| 2015-12-31 | zł3.81 | zł0.71 | x |
| 2016-12-31 | zł0.48 | zł0.71 | x |
| 2017-12-31 | zł0.26 | zł0.71 | x |
| 2018-12-31 | zł0.69 | zł0.71 | x |
| 2019-12-31 | zł0.62 | zł0.71 | x |
| 2020-12-31 | zł1.15 | zł0.71 | x |
| 2021-12-31 | zł0.32 | zł0.71 | x |
| 2022-12-31 | zł0.32 | zł0.71 | x |
| 2023-12-31 | zł0.21 | zł0.71 | x |
| 2024-12-31 | zł0.12 | zł0.71 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Serinus Energy Inc. 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): -67.99%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -63.07%
- • Asset Turnover: 0.24x
- • Equity Multiplier: 4.50x
- Recent ROE (-67.99%) is above the historical average (-150.33%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | -33.65% | -922.82% | 0.03x | 1.14x | zł-10.12 Million |
| 2008 | -31.58% | -2361.40% | 0.01x | 1.10x | zł-8.49 Million |
| 2009 | -21.64% | -37615.51% | 0.00x | 2.30x | zł-20.86 Million |
| 2010 | -11.58% | -244.44% | 0.04x | 1.25x | zł-34.03 Million |
| 2011 | -11.21% | -48.02% | 0.16x | 1.46x | zł-32.00 Million |
| 2012 | -94.26% | -87.13% | 0.53x | 2.04x | zł-95.97 Million |
| 2013 | -49.71% | -46.81% | 0.47x | 2.26x | zł-82.50 Million |
| 2014 | -35.16% | -18.56% | 0.63x | 2.99x | zł-39.18 Million |
| 2015 | -163.79% | -189.04% | 0.14x | 6.18x | zł-52.10 Million |
| 2016 | -1570.64% | -399.23% | 0.14x | 27.96x | zł-59.27 Million |
| 2017 | -507.34% | -299.67% | 0.05x | 31.04x | zł-19.16 Million |
| 2018 | -36.65% | -56.10% | 0.07x | 9.07x | zł-6.22 Million |
| 2019 | -13.36% | -7.96% | 0.22x | 7.61x | zł-3.39 Million |
| 2020 | -29.63% | -38.69% | 0.25x | 3.01x | zł-12.43 Million |
| 2021 | 22.50% | 21.07% | 0.42x | 2.53x | zł4.68 Million |
| 2022 | 4.43% | 3.31% | 0.55x | 2.45x | zł-2.05 Million |
| 2023 | -54.76% | -72.85% | 0.23x | 3.30x | zł-15.40 Million |
| 2024 | -67.99% | -63.07% | 0.24x | 4.50x | zł-11.14 Million |
Industry Comparison
This section compares Serinus Energy Inc.'s net assets metrics with peer companies in the same industry.
Industry Context
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Serinus Energy Inc. (SEN) | zł14.29 Million | -33.65% | 3.50x | $28.98 Million |
| Cpi Fim SA (OPG) | $1.52 Billion | 19.40% | 3.87x | $1.24 Billion |
About Serinus Energy Inc.
Serinus Energy plc, together with its subsidiaries, engages in the exploration, appraisal, and development of oil and gas properties in Tunisia and Romania. The company owns a 100% deemed working interest in the Satu Mare concession covering an area of approximately 729,000 gross acres situated within the Pannonian Basin, Romania. It also holds 45% interest in the Sabria concession, which covers … Read more