Progressive Planet Solutions Inc
Progressive Planet Solutions Inc., together with its subsidiaries, primarily engages in the acquisition and exploration of mineral properties in Canada and the United States. The company explores for natural pozzolan deposits. It holds 100% interest in the Z1 Zeolite property located 3 kms northeast of Cache Creek, British Columbia. The company also has an option agreement to acquire 100% interes… Read more
Progressive Planet Solutions Inc (ASHXF) - Net Assets
Latest net assets as of October 2025: $16.89 Million USD
Based on the latest financial reports, Progressive Planet Solutions Inc (ASHXF) has net assets worth $16.89 Million USD as of October 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($28.24 Million) and total liabilities ($11.35 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 | $16.89 Million |
| % of Total Assets | 59.82% |
| Annual Growth Rate | N/A |
| 5-Year Change | 301.93% |
| 10-Year Change | N/A |
| Growth Volatility | 81.77 |
Progressive Planet Solutions Inc - Net Assets Trend (2014–2025)
This chart illustrates how Progressive Planet Solutions 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 Progressive Planet Solutions Inc (2014–2025)
The table below shows the annual net assets of Progressive Planet Solutions Inc from 2014 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-04-30 | $14.38 Million | +10.66% |
| 2024-04-30 | $13.00 Million | +1.92% |
| 2023-04-30 | $12.75 Million | +13.22% |
| 2022-04-30 | $11.26 Million | +214.74% |
| 2021-04-30 | $3.58 Million | +147.94% |
| 2020-04-30 | $1.44 Million | -47.74% |
| 2019-04-30 | $2.76 Million | +10.75% |
| 2018-04-30 | $2.49 Million | +27.50% |
| 2017-04-30 | $1.96 Million | +599.25% |
| 2016-04-30 | $-391.73K | +9.13% |
| 2015-04-30 | $-431.08K | -131.51% |
| 2014-04-30 | $-186.21K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Progressive Planet Solutions 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 1209346200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (April 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $36.14 Million | 251.27% |
| Total Equity | $14.38 Million | 100.00% |
Progressive Planet Solutions Inc Competitors by Market Cap
The table below lists competitors of Progressive Planet Solutions Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Simone S.p.A.
F:2KX
|
$7.90 Million |
|
PT Dafam Property Indonesia Tbk
JK:DFAM
|
$7.90 Million |
|
Unimit Engineering Public Company Limited
BK:UEC
|
$7.90 Million |
|
SILVER BULL RES DL-01
F:LZ61
|
$7.91 Million |
|
U. Y. Fincorp Limited
NSE:UYFINCORP
|
$7.90 Million |
|
Criterium Energy Ltd.
V:CEQ
|
$7.89 Million |
|
Focus Impact Acquisition Corp
PINK:FIAC
|
$7.89 Million |
|
Julong Holding Limited Class A Ordinary Shares
NASDAQ:JLHL
|
$7.88 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Progressive Planet Solutions Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 12,996,298 to 14,381,917, a change of 1,385,619 (10.7%).
- Net income of 1,669,591 contributed positively to equity growth.
- Share repurchases of 288,481 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.67 Million | +11.61% |
| Share Repurchases | $288.48K | -2.01% |
| Other Changes | $4.51K | +0.03% |
| Total Change | $- | 10.66% |
Book Value vs Market Value Analysis
This analysis compares Progressive Planet Solutions 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: 0.80x
- 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 |
|---|---|---|---|
| 2016-04-30 | $0.00 | $0.11 | x |
| 2017-04-30 | $0.00 | $0.11 | x |
| 2018-04-30 | $0.18 | $0.11 | x |
| 2019-04-30 | $0.12 | $0.11 | x |
| 2020-04-30 | $0.05 | $0.11 | x |
| 2021-04-30 | $0.06 | $0.11 | x |
| 2022-04-30 | $0.13 | $0.11 | x |
| 2023-04-30 | $0.12 | $0.11 | x |
| 2024-04-30 | $0.12 | $0.11 | x |
| 2025-04-30 | $0.13 | $0.11 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Progressive Planet Solutions 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): 11.61%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.55%
- • Asset Turnover: 0.70x
- • Equity Multiplier: 1.95x
- Recent ROE (11.61%) is above the historical average (-29.61%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.19 Million |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-450.07K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-572.88K |
| 2017 | -66.85% | 0.00% | 0.00x | 1.14x | $-1.50 Million |
| 2018 | -46.07% | 0.00% | 0.00x | 1.05x | $-1.40 Million |
| 2019 | -45.04% | 0.00% | 0.00x | 1.06x | $-1.52 Million |
| 2020 | -119.06% | -1752.51% | 0.05x | 1.26x | $-1.86 Million |
| 2021 | -66.84% | 0.00% | 0.00x | 1.19x | $-2.75 Million |
| 2022 | -29.11% | -85.53% | 0.14x | 2.51x | $-4.40 Million |
| 2023 | 9.10% | 30.29% | 0.14x | 2.10x | $-115.08K |
| 2024 | -3.02% | -2.00% | 0.75x | 2.02x | $-1.69 Million |
| 2025 | 11.61% | 8.55% | 0.70x | 1.95x | $231.40K |
Industry Comparison
This section compares Progressive Planet Solutions 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: $2,436,539,064
- Average return on equity (ROE) among peers: -72.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Progressive Planet Solutions Inc (ASHXF) | $16.89 Million | 0.00% | 0.67x | $7.90 Million |
| Asia Broadband Inc (AABB) | $-384.18K | 0.00% | 0.00x | $228.54 |
| Altair Resources Inc (AAEEF) | $519.85K | -583.77% | 3.27x | $165.38K |
| Aftermath Silver Ltd (AAGFF) | $26.16 Million | -26.37% | 0.41x | $99.81 Million |
| Anglo American plc (AAUKF) | $24.32 Billion | 6.55% | 1.06x | $26.36 Billion |
| Abacus Mining & Exploration Corporation (ABCFF) | $-123.88K | 0.00% | 0.00x | $1.95 Million |
| Vision Lithium Inc (ABEPF) | $-384.45K | 0.00% | 0.00x | $3.75 Million |
| Arbor Metals Corp (ABRMF) | $700.32K | -22.12% | 0.03x | $3.05 Million |
| ACG Metals Limited (ACGAF) | $3.51 Million | -77.72% | 0.31x | $121.32 Million |
| ACME Lithium Inc (ACLHF) | $-1.00 Million | 0.00% | 0.00x | $561.74K |
| ACMNF (ACMNF) | $11.40 Million | -19.68% | 0.16x | $14.34 Million |