Mineral Road Discovery Inc. (7C9) - Net Assets
Based on the latest financial reports, Mineral Road Discovery Inc. (7C9) has net assets worth €7.62 Million EUR as of November 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€9.61 Million) and total liabilities (€1.99 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 | €7.62 Million |
| % of Total Assets | 79.28% |
| Annual Growth Rate | -25.34% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 68.61 |
Mineral Road Discovery Inc. - Net Assets Trend (2021–2024)
This chart illustrates how Mineral Road Discovery 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 Mineral Road Discovery Inc. (2021–2024)
The table below shows the annual net assets of Mineral Road Discovery Inc. from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-05-31 | €3.89 Million | -32.05% |
| 2023-05-31 | €5.73 Million | -68.12% |
| 2022-05-31 | €17.98 Million | +92.07% |
| 2021-05-31 | €9.36 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Mineral Road Discovery 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 374.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (May 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €10.46 Million | 239.02% |
| Total Equity | €4.38 Million | 100.00% |
Mineral Road Discovery Inc. Competitors by Market Cap
The table below lists competitors of Mineral Road Discovery Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BANK INTL INDON -A-
BE:BOZA
|
$1.17 |
|
Subgen AI
ST:SUBGEN
|
$1.18 |
|
CAPITAL OIL PLC
XNSA:CAPOIL
|
$1.19 |
|
Upson International Corp.
PSE:UPSON
|
$1.19 |
|
INVESTIGATOR
BE:VOP
|
$1.17 |
|
INTILAND DEV
MU:DIIA
|
$1.17 |
|
BUMI RESOURCES -A- (PJM.SG)
STU:PJM
|
$1.17 |
|
Dito CME Holdings Corp
PSE:DITO
|
$1.17 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mineral Road Discovery Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,149,355 to 4,378,116, a change of -1,771,239 (-28.8%).
- Net loss of 3,043,848 reduced equity.
- New share issuances of 879,975 increased equity.
- Other factors increased equity by 392,634.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-3.04 Million | -69.52% |
| Share Issuances | €879.98K | +20.1% |
| Other Changes | €392.63K | +8.97% |
| Total Change | €- | -28.80% |
Book Value vs Market Value Analysis
This analysis compares Mineral Road Discovery 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: 0.09x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-05-31 | €1.25 | €0.01 | x |
| 2022-05-31 | €1.33 | €0.01 | x |
| 2023-05-31 | €0.44 | €0.01 | x |
| 2024-05-31 | €0.12 | €0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mineral Road Discovery 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): -69.52%
- 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: 1.15x
- Recent ROE (-69.52%) is below the historical average (-64.46%), 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 | 28.56% | 1240.95% | 0.02x | 1.43x | €2.59 Million |
| 2023 | -152.42% | -17607.52% | 0.01x | 1.11x | €-9.99 Million |
| 2024 | -69.52% | 0.00% | 0.00x | 1.15x | €-3.48 Million |
Industry Comparison
This section compares Mineral Road Discovery 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: $650,460,721
- Average return on equity (ROE) among peers: -348.42%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mineral Road Discovery Inc. (7C9) | €7.62 Million | 28.56% | 0.26x | $1.17 |
| SOUTH MANGAN.INV. HD-05 (00D0) | $1.98 Billion | -36.67% | 3.44x | $308.79 Million |
| Waratah Minerals Limited (0FS0) | $23.13 Million | 3.75% | 0.02x | $124.98 Million |
| 14S0 (14S0) | $8.39 Million | -143.73% | 0.09x | $2.92 Million |
| 23B (23B) | $6.91 Million | -16.09% | 0.38x | $2.11 Million |
| PURANIUM ENERGY LTD. (2DK) | $-109.30K | 0.00% | 0.00x | $469.66K |
| 2P30 (2P30) | $1.04 Million | -34.54% | 0.07x | $13.44 Million |
| Xinjiang Xinxin Mining Industry Co. Ltd (33X1) | $4.45 Billion | -4.65% | 0.82x | $246.71 Million |
| Agrimin Limited (3CL) | $35.93 Million | -4.99% | 0.08x | $17.03 Million |
| Copper Quest Exploration Inc. (3MX0) | $116.66K | -2987.81% | 5.03x | $4.56 Million |
| LibertyStream Infrastructure Partners Inc. (3ZM) | $299.97K | -259.46% | 8.27x | $117.76 Million |
About Mineral Road Discovery Inc.
Mineral Road Discovery Inc. engages in the acquisition, exploration, and evaluation of mineral property assets in Canada, Australia, and Peru. It holds interests in the Split Dome Copper property located near Hazelton, British Columbia; the To Do and Lions Den Gold properties, the Belle property, and the More Creek property located in the northwestern British Columbia; the Untapped property, the … Read more