Bond Resources Inc
Bond Resources Inc. engages in the exploration of mineral properties. The company holds interest in the Mary K prospect located in Elk City Mining District, Idaho County. It also holds 100% interests in the Aspen property claim block covering an area of 1,292 hectares located in Nechako Plateau in British Columbia; and the Hard Cash property covering an area of 166 acres located in Montana, the U… Read more
Bond Resources Inc (5B1) - Net Assets
Latest net assets as of March 2023: €-1.69 Million EUR
Based on the latest financial reports, Bond Resources Inc (5B1) has net assets worth €-1.69 Million EUR as of March 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€144.07K) and total liabilities (€1.84 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 | €-1.69 Million |
| % of Total Assets | -1174.0% |
| Annual Growth Rate | 60.02% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 228.48 |
Bond Resources Inc - Net Assets Trend (2018–2022)
This chart illustrates how Bond Resources Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Bond Resources Inc (2018–2022)
The table below shows the annual net assets of Bond Resources Inc from 2018 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-06-30 | €868.17K | -71.80% |
| 2021-06-30 | €3.08 Million | +75.10% |
| 2020-06-30 | €1.76 Million | +540.94% |
| 2019-06-30 | €274.31K | +107.18% |
| 2018-06-30 | €132.40K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Bond 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 855717800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | €8.80 Million | 1013.21% |
| Other Components | €657.83K | 75.77% |
| Total Equity | €868.17K | 100.00% |
Bond Resources Inc Competitors by Market Cap
The table below lists competitors of Bond Resources Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Elcom International Inc
PINK:ELCO
|
$389.25K |
|
Wesizwe
JSE:WEZ
|
$389.30K |
|
Ayurcann Holdings Corp
OTCQB:AYURF
|
$389.41K |
|
Bullion Gold Resources Corp
PINK:TTEXF
|
$389.73K |
|
Global X Silver Miners UCITS ETF USD Acc
F:SLVR
|
$389.17K |
|
SharonAI Holdings, Inc. Class A Common Stock
NASDAQ:SHAZ
|
$389.04K |
|
ProPhase Labs Inc
NASDAQ:PRPH
|
$388.80K |
|
FASTENAL - Dusseldorf Stock Exchang
DU:FAS
|
$388.63K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bond Resources Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 3,078,480 to 868,166, a change of -2,210,314 (-71.8%).
- Net loss of 2,752,364 reduced equity.
- New share issuances of 563,747 increased equity.
- Other factors decreased equity by 21,697.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-2.75 Million | -317.03% |
| Share Issuances | €563.75K | +64.94% |
| Other Changes | €-21.70K | -2.5% |
| Total Change | €- | -71.80% |
Book Value vs Market Value Analysis
This analysis compares Bond 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: 0.44x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.13x to 0.44x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-06-30 | €0.02 | €0.00 | x |
| 2019-06-30 | €0.05 | €0.00 | x |
| 2020-06-30 | €0.02 | €0.00 | x |
| 2021-06-30 | €0.03 | €0.00 | x |
| 2022-06-30 | €0.01 | €0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bond 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): -317.03%
- 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: 2.09x
- Recent ROE (-317.03%) is below the historical average (-131.98%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -16.58% | 0.00% | 0.00x | 1.12x | €-35.19K |
| 2019 | -73.30% | 0.00% | 0.00x | 1.10x | €-228.50K |
| 2020 | -174.87% | 0.00% | 0.00x | 1.07x | €-3.25 Million |
| 2021 | -78.10% | 0.00% | 0.00x | 1.03x | €-2.71 Million |
| 2022 | -317.03% | 0.00% | 0.00x | 2.09x | €-2.84 Million |
Industry Comparison
This section compares Bond Resources Inc's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $502,667,915
- Average return on equity (ROE) among peers: -338.35%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bond Resources Inc (5B1) | €-1.69 Million | -16.58% | N/A | $389.19K |
| 14S0 (14S0) | $2.71 Million | -209.91% | 0.28x | $2.68 Million |
| 23B (23B) | $5.94 Million | -17.66% | 0.30x | $2.00 Million |
| 2P30 (2P30) | $1.04 Million | -34.54% | 0.07x | $9.46 Million |
| Xinjiang Xinxin Mining Industry Co. Ltd (33X1) | $4.95 Billion | 10.42% | 0.49x | $175.41 Million |
| Agrimin Limited (3CL) | $46.44 Million | -2.95% | 0.06x | $11.03 Million |
| Copper Quest Exploration Inc. (3MX0) | $116.66K | -2987.81% | 5.03x | $4.68 Million |
| LibertyStream Infrastructure Partners Inc. (3ZM) | $6.76 Million | -80.67% | 0.09x | $93.18 Million |
| Arkle Resources PLC (48O) | $3.26 Million | -9.62% | 0.07x | $4.79 Million |
| Marula Mining PLC (48U0) | $-154.97K | 0.00% | 0.00x | $3.45 Million |
| Anglesey Mining plc (4A0) | $14.13 Million | -50.76% | 0.18x | $87.09K |