THEMAC RESOURCES
THEMAC Resources Group Limited engages in acquiring, exploring, and developing natural resource properties in the United States. The company explores for copper, gold, silver, and molybdenum deposits. Its principal property is the Copper Flat project, which consists of 28 patented and 202 unpatented lode mining claims, 4 patented and 41 unpatented placer mining claims, 9 unpatented mill sites, an… Read more
THEMAC RESOURCES (6TH) - Net Assets
Latest net assets as of March 2025: €-97.28 Million EUR
Based on the latest financial reports, THEMAC RESOURCES (6TH) has net assets worth €-97.28 Million EUR as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€95.16 Million) and total liabilities (€192.44 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 | €-97.28 Million |
| % of Total Assets | -102.23% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
THEMAC RESOURCES - Net Assets Trend (2016–2024)
This chart illustrates how THEMAC 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 THEMAC RESOURCES (2016–2024)
The table below shows the annual net assets of THEMAC RESOURCES from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | €-88.86 Million | -15.02% |
| 2023-06-30 | €-77.25 Million | -17.03% |
| 2022-06-30 | €-66.01 Million | -14.17% |
| 2021-06-30 | €-57.82 Million | -49.99% |
| 2020-06-30 | €-38.55 Million | -28.18% |
| 2019-06-30 | €-30.08 Million | -62.54% |
| 2018-06-30 | €-18.50 Million | -109.12% |
| 2017-06-30 | €-8.85 Million | -1078.35% |
| 2016-06-30 | €904.40K | -- |
Equity Component Analysis
This analysis shows how different components contribute to THEMAC 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 9316329800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €49.59 Million | % |
| Total Equity | €-88.86 Million | 100.00% |
THEMAC RESOURCES Competitors by Market Cap
The table below lists competitors of THEMAC RESOURCES ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tasfoods Ltd
AU:TFL
|
$810.25K |
|
DZS Inc
NASDAQ:DZSI
|
$810.70K |
|
Nexity Global SA
WAR:NXG
|
$810.77K |
|
TruTrace Technologies Inc
PINK:TTTSF
|
$811.26K |
|
PINNACLE WEST CAP - Dusseldorf Stock Exchang
DU:PWC
|
$810.14K |
|
Totec Resources Ltd.
V:TOTC
|
$810.04K |
|
BrightBid Group AB (publ)
ST:PERP-B
|
$809.92K |
|
Romios Gold Resources Inc
PINK:RMIOF
|
$809.55K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in THEMAC RESOURCES's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -77,254,865 to -88,858,422, a change of -11,603,557.
- Net loss of 13,431,288 reduced equity.
- Other factors increased equity by 1,827,731.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-13.43 Million | -15.12% |
| Other Changes | €1.83 Million | +2.06% |
| Total Change | €- | % |
Book Value vs Market Value Analysis
This analysis compares THEMAC 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-06-30 | €-0.11 | €0.05 | x |
| 2018-06-30 | €-0.23 | €0.05 | x |
| 2019-06-30 | €-0.38 | €0.05 | x |
| 2020-06-30 | €-0.49 | €0.05 | x |
| 2021-06-30 | €-0.73 | €0.05 | x |
| 2022-06-30 | €-0.83 | €0.05 | x |
| 2023-06-30 | €-0.97 | €0.05 | x |
| 2024-06-30 | €-1.12 | €0.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently THEMAC 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): 0.00%
- 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: 0.00x
- Recent ROE (0.00%) is above the historical average (-115.45%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -1039.07% | 0.00% | 0.00x | 79.98x | €-9.49 Million |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | €-9.25 Million |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | €-8.75 Million |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | €-8.14 Million |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | €-7.46 Million |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | €-5.77 Million |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | €-5.48 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | €-5.17 Million |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | €-4.55 Million |
Industry Comparison
This section compares THEMAC RESOURCES'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 |
|---|---|---|---|---|
| THEMAC RESOURCES (6TH) | €-97.28 Million | -1039.07% | N/A | $810.17K |
| 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 |