Estados financieros detallados de Barnwell Industries, Inc. (BRN): cuenta de resultados, balance general y flujo de caja. Sigue la evolución de márgenes, deuda, liquidez y rentabilidad año a año con hasta 20 años de histórico.
Resumen del Análisis
Barnwell Industries, Inc. registró ingresos de $13.7M en el último ejercicio fiscal, con un CAGR de 5 años del -5.7%.
Márgenes de los últimos 12 meses: margen bruto 13.0%, margen operativo -46.1%, margen neto -46.7%.
Al precio actual de $1.00, BRN presenta beneficios negativos (P/E no significativo) y un ROE del -67.70%. La capitalización bursátil es de $14M.
Cuenta de Resultados (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Ingresos | $13.3M | $13.0M | $9.4M | $12.1M | $18.3M | $16.2M | $27.1M | $25.0M | $21.7M | $13.7M |
| Coste de Ventas | $12.4M | $7.5M | $7.4M | $13.2M | $14.5M | $13.1M | $16.8M | $20.6M | $19.4M | $12.1M |
| Beneficio Bruto | $930000 | $5.6M | $2.0M | -$1.1M | $3.5M | $3.1M | $10.3M | $4.5M | $2.3M | $1.6M |
| I+D | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Generales y Administrativos | $6.4M | $7.0M | $6.3M | $5.5M | $5.8M | $7.1M | $8.0M | $7.0M | $5.6M | $6.9M |
| Gastos Operativos | $6.4M | $7.0M | $6.3M | $5.5M | $5.8M | $7.1M | $8.0M | $7.0M | $5.6M | $6.9M |
| Beneficio Operativo | -$2.8M | $868000 | -$4.1M | -$6.9M | -$2.3M | -$4.0M | $2.2M | -$2.5M | -$3.3M | -$5.4M |
| EBITDA | -$1.4M | $2.9M | -$611000 | -$9.0M | -$2.0M | $7.1M | $8.6M | $4.4M | $890000 | -$3.1M |
| Gastos por Intereses | $97000 | $6000 | $7000 | $5000 | $3000 | $13000 | $1000 | $2000 | $2000 | $7000 |
| Beneficio Antes de Impuestos | -$3.6M | $1.2M | -$2.0M | -$12.6M | -$4.7M | $7.5M | $6.5M | -$864000 | -$5.1M | -$7.1M |
| Impuestos | -$722000 | -$1.1M | -$601000 | -$231000 | $3000 | $332000 | $347000 | -$53000 | $213000 | $71000 |
| Beneficio Neto | -$3.6M | $1.2M | -$1.8M | -$12.4M | -$4.8M | $6.3M | $5.5M | -$961000 | -$5.6M | -$6.9M |
| BPA | $-0.44 | $0.14 | $-0.21 | $-1.50 | $-0.57 | $0.73 | $0.57 | $-0.10 | $-0.56 | $-0.69 |
| BPA Diluido | $-0.44 | $0.14 | $-0.21 | $-1.50 | $-0.57 | $0.73 | $0.57 | $-0.10 | $-0.56 | $-0.69 |
| Acciones en Circulación (Diluidas) | $8.3M | $8.3M | $8.3M | $8.3M | $8.3M | $8.6M | $9.7M | $10.0M | $10.0M | $10.1M |
Cuenta de Resultados (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Ingresos | $3.0M | $2.7M | $2.5M | $3.4M |
| Beneficio Bruto | -$44000 | $83000 | $131000 | $1.3M |
| Beneficio Operativo | -$1.8M | -$1.5M | -$1.4M | -$671000 |
| EBITDA | -$1.6M | -$941000 | -$549000 | -$501000 |
| Beneficio Neto | -$2.4M | -$1.4M | -$1.1M | -$440000 |
| BPA | $-0.24 | $-0.13 | $-0.09 | $-0.03 |
| BPA Diluido | $-0.24 | $-0.13 | $-0.09 | $-0.03 |
Balance (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caja y Equivalentes | $15.6M | $16.3M | $6.0M | $4.6M | $4.6M | $11.3M | $12.8M | $2.8M | $4.5M | $2.9M |
| Inversiones a Corto | $1.2M | $5.5M | $741000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cuentas por Cobrar | $1.3M | $1.8M | $4.9M | $2.2M | $2.6M | $4.2M | $4.9M | $4.2M | $2.8M | $1.9M |
| Inventario | $2.2M | $1.0M | 0 | $729000 | $699000 | $687000 | $351000 | $348000 | 0 | 0 |
| Activos Corrientes | $21.1M | $25.1M | $12.1M | $8.7M | $9.5M | $18.0M | $20.1M | $9.1M | $8.9M | $5.2M |
| Inmovilizado Material | $6.9M | $5.4M | $16.4M | $8.4M | $4.0M | $4.2M | $13.7M | $21.9M | $16.9M | $154000 |
| Fondo de Comercio | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Activos Intangibles | 0 | 0 | $4.9M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Activos Totales | $31.6M | $33.0M | $31.4M | $18.3M | $15.2M | $24.4M | $37.2M | $35.4M | $30.7M | $20.8M |
| Cuentas por Pagar | $1.4M | $1.2M | $1.2M | $1.2M | $2.1M | $1.4M | $1.5M | $881000 | $1.8M | $2.2M |
| Deuda a Corto | 0 | 0 | 0 | 0 | $200000 | $117000 | $105000 | 0 | 0 | $78000 |
| Pasivos Corrientes | $4.7M | $4.8M | $3.6M | $4.8M | $6.4M | $5.9M | $8.9M | $6.6M | $7.8M | $4.7M |
| Deuda a Largo | 0 | 0 | 0 | 0 | $58000 | $47000 | $44000 | 0 | 0 | $93000 |
| Pasivos Totales | $17.8M | $14.8M | $15.1M | $17.0M | $17.1M | $14.9M | $18.1M | $16.7M | $17.6M | $13.8M |
| Reservas | $13.9M | $15.0M | $13.3M | $859000 | -$3.9M | $2.4M | $7.7M | $6.2M | $595000 | -$6.5M |
| Patrimonio Neto | $13.2M | $17.3M | $16.0M | $1.2M | -$2.0M | $9.5M | $19.1M | $18.7M | $13.0M | $7.0M |
| Deuda Total | 0 | 0 | 0 | 0 | $512000 | $344000 | $266000 | $47000 | $7000 | $264000 |
| Deuda Neta | -$16.7M | -$21.7M | -$6.7M | -$4.6M | -$4.1M | -$10.9M | -$12.5M | -$2.8M | -$4.5M | -$2.6M |
| Capital Circulante | $16.4M | $20.3M | $8.5M | $3.9M | $3.1M | $12.1M | $11.2M | $2.5M | $1.1M | $504000 |
Balance (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Caja y Equivalentes | $2.9M | $3.6M | $4.0M | $4.5M |
| Activos Totales | $20.8M | $21.5M | $21.5M | $21.5M |
| Pasivos Totales | $13.8M | $13.3M | $13.4M | $12.6M |
| Patrimonio Neto | $7.0M | $8.2M | $8.1M | $8.9M |
| Deuda Total | $264000 | $164000 | $67000 | $53000 |
Flujo de Caja (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Beneficio Neto | -$2.9M | $2.3M | -$1.4M | -$12.4M | -$4.7M | $7.2M | $6.2M | -$811000 | -$5.3M | -$7.1M |
| Amortizaciones | $1.6M | $1.2M | $1.1M | $8.9M | $2.7M | -$2.7M | $2.8M | $4.5M | $5.1M | $3.1M |
| Compensación en Acciones | -$22000 | $15000 | -$59000 | -$42000 | 0 | $643000 | $660000 | $263000 | $208000 | $372000 |
| Cambio en Capital Circulante | -$1.3M | -$614000 | -$1.4M | $1.2M | $448000 | -$2.2M | -$1.0M | -$393000 | $2.8M | $224000 |
| Flujo de Caja Operativo | $1.8M | -$2.1M | -$5.1M | -$2.1M | $750000 | $831000 | $7.3M | $1.9M | $4.7M | -$1.9M |
| Inversiones (CapEx) | -$1.8M | -$1.2M | -$11.1M | -$1.8M | -$3.1M | -$1.9M | -$10.2M | -$11.6M | -$3.5M | -$3.1M |
| Adquisiciones | $493000 | $5.3M | $750000 | $1.7M | $1.7M | $1.9M | $687000 | 0 | $256000 | $2.7M |
| Recompra de Acciones | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividendos Pagados | 0 | 0 | 0 | 0 | 0 | 0 | -$149000 | -$599000 | 0 | 0 |
| Flujo de Caja Libre | $5000 | -$3.3M | -$16.2M | -$4.0M | -$2.4M | -$1.1M | -$2.9M | -$9.7M | $1.2M | -$4.9M |
Flujo de Caja (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Flujo de Caja Operativo | -$860000 | -$1.8M | -$332000 | -$677000 |
| Inversiones (CapEx) | -$120000 | -$28000 | -$222000 | $250000 |
| Flujo de Caja Libre | -$980000 | -$1.8M | -$554000 | -$427000 |
| Dividendos Pagados | 0 | 0 | 0 | 0 |
| Compensación en Acciones | $225000 | $94000 | $128000 | $125000 |
Crecimiento y Márgenes (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crecimiento Ingresos (anual) | | -1.9% | -28.1% | +28.9% | +51.9% | -11.9% | +67.6% | -7.6% | -13.2% | -36.9% |
| Crecimiento Beneficio Neto (anual) | | +132.4% | -251.2% | -601.5% | +61.7% | +231.5% | -11.8% | -117.4% | -479.1% | -24.2% |
| Crecimiento BPA (anual) | | +131.8% | -250.0% | -614.3% | +62.0% | +228.1% | -21.9% | -116.9% | -480.9% | -23.2% |
| Cambio en Acciones (anual) | | +0.0% | +0.0% | +0.0% | +0.0% | +3.8% | +13.3% | +2.4% | +0.5% | +0.4% |
| Crecimiento FCF (anual) | | -66240.0% | -390.0% | +75.5% | +39.9% | +53.7% | -165.5% | -230.8% | +112.2% | -517.8% |
| Margen Bruto | 7.0% | 42.7% | 21.1% | -9.4% | 19.1% | 19.1% | 38.0% | 17.9% | 10.5% | 11.6% |
| Margen Operativo | -21.1% | 6.7% | -43.4% | -57.4% | -12.4% | -24.7% | 8.3% | -9.9% | -15.2% | -39.1% |
| Margen EBITDA | -10.7% | 22.1% | -6.5% | -74.7% | -10.7% | 44.2% | 31.8% | 17.6% | 4.1% | -22.6% |
| Margen Neto | -27.2% | 9.0% | -18.9% | -102.8% | -25.9% | 38.7% | 20.3% | -3.8% | -25.6% | -50.4% |
| Margen FCF | 0.0% | -25.4% | -173.0% | -32.8% | -13.0% | -6.8% | -10.8% | -38.7% | 5.4% | -36.1% |
| Tasa Impositiva Efectiva | 20.1% | -87.5% | 29.8% | 1.8% | -0.1% | 4.4% | 5.3% | 6.1% | -4.2% | -1.0% |
Datos por Acción (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| FCF por Acción | $0.00 | $-0.40 | $-1.96 | $-0.48 | $-0.29 | $-0.13 | $-0.30 | $-0.97 | $0.12 | $-0.49 |
| Dividendo por Acción | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 | $0.06 | $0.00 | $0.00 |
| Acciones en Circulación (Básicas) | $8.2M | $8.3M | $8.3M | $8.3M | $8.3M | $8.6M | $9.7M | $10.0M | $10.0M | $10.1M |
Qué mirar en empresas de Energy
- FCF yield (>8%) — Caja generada / capitalización. En energía el FCF importa más que el EPS.
- ROIC medio 5a (≥10%) — Incluir años buenos y malos para filtrar las realmente disciplinadas.
- FCF positivo en 8 de los últimos 10 años (≥8/10) — Nombres disciplinados (XOM, CVX, EOG) sobreviven los crashes de 2014-16 y 2020.
- Cobertura del dividendo (FCF / div) (≥1,2x) — Dividendo cubierto por FCF, no por deuda. <1x = recorte probable.
- Deuda Neta / EBITDA (<2x en pico) — Mirarlo con EBITDA en valle, no en pico.
- Capex / Ingresos (10-20% saludable) — Energía necesita reinversión agresiva para mantener reservas.
Rentabilidad
| Rentabilidad sobre capital | -67.70% |
| Rentabilidad sobre capital invertido | -29.65% |
| Rentabilidad sobre activos | -25.34% |
| Margen bruto | 12.96% |
| Margen operativo | -46.15% |
| Margen neto | -46.69% |
Salud financiera
| Deuda / Patrimonio | 0.01 |
| Ratio corriente | 1.90 |
| Piotroski F-Score | 2 |
| Altman Z-Score | -0.03 |
Ratios Clave (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/E | -3.75 | 12.86 | -8.52 | -0.35 | -1.49 | 4.15 | 4.63 | -27.33 | -4.04 | -1.88 |
| P/VC | 1.03 | 0.86 | 0.92 | 3.50 | -3.44 | 2.74 | 1.34 | 1.40 | 1.74 | 1.87 |
| P/V | 1.02 | 1.14 | 1.58 | 0.36 | 0.38 | 1.61 | 0.95 | 1.05 | 1.04 | 0.95 |
| Margen Bruto | 7.0% | 42.7% | 21.1% | -9.4% | 19.1% | 19.1% | 38.0% | 17.9% | 10.5% | 11.6% |
| Margen Operativo | -21.1% | 6.7% | -43.4% | -57.4% | -12.4% | -24.7% | 8.3% | -9.9% | -15.2% | -39.1% |
| Margen Neto | -27.2% | 9.0% | -18.9% | -102.8% | -25.9% | 38.7% | 20.3% | -3.8% | -25.6% | -50.4% |