Arras Minerals Corp.
Arras Minerals Corp. engages in the acquisition, exploration, evaluation, and development of mineral properties Kazakhstan. The company explores for copper and gold. It holds an option to acquire a 100% interest in the Beskauga copper-gold project located in Kazakhstan. The company also holds 100% interest in the Elemes project which consists of two exploration licenses which covers an area of 53… Read more
Arras Minerals Corp. (ARRKF) - Net Assets
Latest net assets as of July 2025: $14.75 Million USD
Based on the latest financial reports, Arras Minerals Corp. (ARRKF) has net assets worth $14.75 Million USD as of July 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($15.42 Million) and total liabilities ($668.58K). 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 | $14.75 Million |
| % of Total Assets | 95.66% |
| Annual Growth Rate | -2.43% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 15.8 |
Arras Minerals Corp. - Net Assets Trend (2021–2024)
This chart illustrates how Arras Minerals Corp.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Arras Minerals Corp. (2021–2024)
The table below shows the annual net assets of Arras Minerals Corp. from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-10-31 | $6.74 Million | +19.37% |
| 2023-10-31 | $5.64 Million | -3.87% |
| 2022-10-31 | $5.87 Million | -19.05% |
| 2021-10-31 | $7.25 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Arras Minerals Corp.'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 1388620000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (October 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $22.73 Million | 337.53% |
| Total Equity | $6.74 Million | 100.00% |
Arras Minerals Corp. Competitors by Market Cap
The table below lists competitors of Arras Minerals Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
D. M. Textile Mills Limited
KAR:DMTX
|
$4.71K |
|
Nowigence Inc.
OTCQB:NOWG
|
$4.71K |
|
Syncomm Technology Corp.
TW:3150
|
$4.72K |
|
Infra SA
WAR:IFA
|
$4.72K |
|
Cycurion, Inc. Common Stock
PINK:CYCU
|
$4.70K |
|
Aeolus Pharmaceuticl
PINK:AOLS
|
$4.70K |
|
Kegalle Plantations PLC
CM:KGALN0000
|
$4.70K |
|
SIEVI CAPITAL (WE3.SG)
STU:WE3
|
$4.70K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Arras Minerals Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,642,257 to 6,735,161, a change of 1,092,904 (19.4%).
- Net loss of 2,222,750 reduced equity.
- New share issuances of 3,742,180 increased equity.
- Other comprehensive income decreased equity by 1,671,017.
- Other factors increased equity by 1,244,491.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.22 Million | -33.0% |
| Share Issuances | $3.74 Million | +55.56% |
| Other Comprehensive Income | $-1.67 Million | -24.81% |
| Other Changes | $1.24 Million | +18.48% |
| Total Change | $- | 19.37% |
Book Value vs Market Value Analysis
This analysis compares Arras Minerals Corp.'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: 6.55x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 2.35x to 6.55x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-10-31 | $0.21 | $0.49 | x |
| 2022-10-31 | $0.11 | $0.49 | x |
| 2023-10-31 | $0.08 | $0.49 | x |
| 2024-10-31 | $0.08 | $0.49 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Arras Minerals Corp. 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): -33.00%
- 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: 1.25x
- Recent ROE (-33.00%) is above the historical average (-65.59%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -29.56% | 0.00% | 0.00x | 1.07x | $-2.87 Million |
| 2022 | -101.30% | 0.00% | 0.00x | 1.13x | $-6.53 Million |
| 2023 | -98.48% | 0.00% | 0.00x | 1.14x | $-6.12 Million |
| 2024 | -33.00% | 0.00% | 0.00x | 1.25x | $-2.90 Million |
Industry Comparison
This section compares Arras Minerals Corp.'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: $9,705,177,506
- Average return on equity (ROE) among peers: -74.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Arras Minerals Corp. (ARRKF) | $14.75 Million | -29.56% | 0.05x | $4.71K |
| AbraSilver Resource Corp (ABBRF) | $3.05 Million | -108.70% | 0.31x | $280.10 Million |
| American Copper Development Corporation (ACDXF) | $-331.64K | 0.00% | 0.00x | $1.96 Million |
| American Creek Resources Ltd (ACKRF) | $2.36 Million | -67.11% | 0.29x | $23.79 Million |
| American Clean Resources Group Inc. (ACRG) | $23.29 Million | -69.73% | 0.66x | $9.52 Million |
| Adyton Resources Corporation (ADYRF) | $14.98 Million | 5.60% | 0.05x | $26.44 Million |
| Austral Gold Limited (AGLDF) | $542.56K | -504.60% | 1.47x | $4.83 Million |
| Anglo American Platinum Limited (AGPPF) | $96.96 Billion | 50.69% | 0.82x | $8.40 Billion |
| Athena Gold Corp (AHNR) | $4.96 Million | -13.77% | 0.26x | $779.22K |
| Alaska Energy Metals Corporation (AKEMF) | $26.15 Million | -33.81% | 0.05x | $14.55 Million |
| ALXPF (ALXPF) | $14.77 Million | -5.14% | 0.08x | $24.72 Million |