MONTEGO RESOURCES INC. (4MO) - Net Assets
Based on the latest financial reports, MONTEGO RESOURCES INC. (4MO) has net assets worth €-1.49 Million EUR (≈ $-1.75 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€14.52K ≈ $16.97K USD) and total liabilities (€1.51 Million ≈ $1.76 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 4MO asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €-1.49 Million |
| % of Total Assets | -10292.12% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
MONTEGO RESOURCES INC. - Net Assets Trend (2021–2024)
This chart illustrates how MONTEGO RESOURCES INC.'s net assets have evolved over time, based on quarterly financial data. Also explore MONTEGO RESOURCES INC. balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for MONTEGO RESOURCES INC. (2021–2024)
The table below shows the annual net assets of MONTEGO RESOURCES INC. from 2021 to 2024. For live valuation and market cap data, see market cap of MONTEGO RESOURCES INC..
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | €74.81K ≈ $87.46K |
-85.34% |
| 2023-06-30 | €510.35K ≈ $596.65K |
+138.93% |
| 2022-06-30 | €-1.31 Million ≈ $-1.53 Million |
-33.23% |
| 2021-06-30 | €-983.94K ≈ $-1.15 Million |
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Equity Component Analysis
This analysis shows how different components contribute to MONTEGO RESOURCES 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 146496400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €12.12 Million | 16206.98% |
| Total Equity | €74.81K | 100.00% |
MONTEGO RESOURCES INC. Competitors by Market Cap
The table below lists competitors of MONTEGO RESOURCES INC. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
DAEJIN ADVANCED MATERIALS
KQ:393970
|
$18.52K |
|
Centaur Media
LSE:CAU
|
$18.61K |
|
Adamas One Corp. Common Stock
NASDAQ:JEWL
|
$19.02K |
|
Clontarf Energy Plc
LSE:CLON
|
$19.44K |
|
Harvest Minerals Ltd
LSE:HMI
|
$18.37K |
|
Cincon Electronics Co Ltd
TWO:3332
|
$18.28K |
|
Surface Transforms Plc
LSE:SCE
|
$18.22K |
|
New Horizon Group Ltd
TA:NERZ
|
$18.09K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MONTEGO RESOURCES INC.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 510,350 to 74,813, a change of -435,537 (-85.3%).
- Net loss of 435,537 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-435.54K | -582.17% |
| Total Change | €- | -85.34% |
Book Value vs Market Value Analysis
This analysis compares MONTEGO RESOURCES 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: 1.23x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-06-30 | €-0.22 | €0.00 | x |
| 2022-06-30 | €-0.29 | €0.00 | x |
| 2023-06-30 | €0.01 | €0.00 | x |
| 2024-06-30 | €0.00 | €0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MONTEGO RESOURCES 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): -582.17%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 18.32x
- Recent ROE (-582.17%) is below the historical average (-236.67%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | €-245.85K |
| 2023 | -127.85% | 0.00% | 0.00x | 4.37x | €-703.53K |
| 2024 | -582.17% | 0.00% | 0.00x | 18.32x | €-443.02K |
Industry Comparison
This section compares MONTEGO RESOURCES INC.'s net assets metrics with peer companies in the Other Precious Metals & Mining industry.
Industry Context
- Industry: Other Precious Metals & Mining
- Average net assets among peers: $5,726,519,103
- Average return on equity (ROE) among peers: -6.35%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MONTEGO RESOURCES INC. (4MO) | €-1.49 Million | 0.00% | N/A | $18.41K |
| ALLIANZ TECHNO.TR.LS-025 (28X) | $1.72 Million | 28.88% | 0.04x | $557.41 Million |
| China Silver Group Limited (2CS) | $2.77 Billion | 10.32% | 0.28x | $138.44 Million |
| FORTE MINERALS CORP. (2OA) | $1.21 Million | -42.42% | 0.16x | $57.96 Million |
| Manhattan Corporation Limited (32U) | $8.04 Million | -7.45% | 0.01x | $6.19 Million |
| FUTURE METALS NL (3R10) | $24.72 Million | 0.00% | 0.09x | $7.28 Million |
| Sibanye Stillwater Limited (47VS) | $48.29 Billion | -15.11% | 1.86x | $7.93 Billion |
| Gemfields Group Limited (5PH) | $402.78 Million | -20.39% | 0.52x | $72.42 Million |
| INFLECTION RESOURCES LTD. (5VJ) | $12.15 Million | -8.69% | 0.02x | $17.06 Million |
| Hammer Metals Limited (6HM) | $26.60 Million | -2.30% | 0.06x | $9.82 Million |
About MONTEGO RESOURCES INC.
Montego Resources Inc. engages in the acquisition, exploration, and evaluation of mineral properties in Canada. Montego Resources Inc. was incorporated in 2012 and is based in Vancouver, Canada.