ARMISTICE RESOURCES
Sabre Gold Mines Corp. engages in the exploration and development of mineral properties. Its 100% owned flagship property is the Copperstone gold project that covers approximately 12,258 acres of surface area and mineral rights located in La Paz County, Arizona. The company was formerly known as Arizona Gold Corp. and changed its name to Sabre Gold Mines Corp. in September 2021. Sabre Gold Mines … Read more
ARMISTICE RESOURCES (7AZ) - Net Assets
Latest net assets as of September 2024: €22.66 Million EUR
Based on the latest financial reports, ARMISTICE RESOURCES (7AZ) has net assets worth €22.66 Million EUR as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€41.80 Million) and total liabilities (€19.14 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 | €22.66 Million |
| % of Total Assets | 54.2% |
| Annual Growth Rate | 87.99% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 3909.89 |
ARMISTICE RESOURCES - Net Assets Trend (2019–2023)
This chart illustrates how ARMISTICE RESOURCES's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for ARMISTICE RESOURCES (2019–2023)
The table below shows the annual net assets of ARMISTICE RESOURCES from 2019 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-06-30 | €18.89 Million | +7675.02% |
| 2021-06-30 | €242.95K | +135.89% |
| 2020-06-30 | €-676.94K | -144.76% |
| 2019-06-30 | €1.51 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to ARMISTICE RESOURCES'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 2320205700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €199.40 Million | 1055.64% |
| Total Equity | €18.89 Million | 100.00% |
ARMISTICE RESOURCES Competitors by Market Cap
The table below lists competitors of ARMISTICE RESOURCES ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Able View Global Inc. Class B Ordinary Shares
NASDAQ:ABLV
|
$8.70 Million |
|
Poolia AB (publ)
ST:POOL-B
|
$8.70 Million |
|
Aston Bay Holdings Ltd
OTCQB:ATBHF
|
$8.70 Million |
|
Great Southern Mining Ltd
AU:GSN
|
$8.70 Million |
|
New Focus Auto Tech Holdings Limited
PINK:NWFAF
|
$8.70 Million |
|
DBEIL
NSE:DBEIL
|
$8.70 Million |
|
Lexibook Linguistic Electronic System SA
PA:ALLEX
|
$8.70 Million |
|
FLYHT Aerospace Solutions Ltd
OTCQX:FLYLF
|
$8.69 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ARMISTICE RESOURCES's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2023, total equity changed from 242,947 to 18,889,173, a change of 18,646,226 (7675.0%).
- Net loss of 6,880,066 reduced equity.
- Other factors increased equity by 25,526,292.
Equity Change Factors (2021 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-6.88 Million | -36.42% |
| Other Changes | €25.53 Million | +135.14% |
| Total Change | €- | 7675.02% |
Book Value vs Market Value Analysis
This analysis compares ARMISTICE RESOURCES'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: 0.49x
- 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 decreased from 2.71x to 0.49x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-06-30 | €0.05 | €0.15 | x |
| 2020-06-30 | €-0.02 | €0.15 | x |
| 2021-06-30 | €0.01 | €0.15 | x |
| 2023-06-30 | €0.30 | €0.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ARMISTICE RESOURCES 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): -36.42%
- 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: 2.84x
- Recent ROE (-36.42%) is above the historical average (-660.14%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -595.90% | 0.00% | 0.00x | 12.21x | €-9.16 Million |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | €-7.02 Million |
| 2021 | -2008.26% | 0.00% | 0.00x | 130.19x | €-4.90 Million |
| 2023 | -36.42% | 0.00% | 0.00x | 2.84x | €-8.77 Million |
Industry Comparison
This section compares ARMISTICE RESOURCES's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $8,887,131
- Average return on equity (ROE) among peers: -117.67%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ARMISTICE RESOURCES (7AZ) | €22.66 Million | -595.90% | 0.84x | $8.70 Million |
| Pearl Gold AG (02P) | $12.95 Million | -4.16% | 0.03x | $8.89 Million |
| McLaren Resources Inc (3ML) | $487.64K | -207.86% | 0.10x | $3.94 Million |
| 4LE (4LE) | $1.51 Million | -86.82% | 0.36x | $2.28 Million |
| 5EV0 (5EV0) | $61.58 Million | 4.94% | 0.02x | $97.49 Million |
| Bulletin Resources Limited (7BR) | $2.14 Million | -87.64% | 0.10x | $5.43 Million |
| Canadian Gold Corp. (8S8) | $-432.05K | 0.00% | 0.00x | $53.11 Million |
| Earthwise Minerals Corp. (966) | $-816.57K | 0.00% | 0.00x | $604.28K |
| Platinex Inc (9PX) | $2.56 Million | -34.41% | 0.06x | $11.16 Million |
| ARCUS DEVELOPMENT (AJR) | $8.31K | -643.10% | 0.29x | $1.63 Million |