Aztec Minerals Corp
Aztec Minerals Corp. acquires, explores for, and evaluates mineral resources in Canada, Mexico, and the United States. The company primarily explores for gold, copper, silver, lead, and zinc deposits. It holds an option to acquire 100% interest in the Cervantes porphyry gold-copper property covering an area of 3,649 hectares located in Sonora, Mexico; and holds 75% interest in the Tombstone Prope… Read more
Aztec Minerals Corp (AZZTF) - Net Assets
Latest net assets as of September 2025: $16.74 Million USD
Based on the latest financial reports, Aztec Minerals Corp (AZZTF) has net assets worth $16.74 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($17.60 Million) and total liabilities ($865.23K). 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 | $16.74 Million |
| % of Total Assets | 95.08% |
| Annual Growth Rate | 40.49% |
| 5-Year Change | 141.07% |
| 10-Year Change | N/A |
| Growth Volatility | 92.79 |
Aztec Minerals Corp - Net Assets Trend (2016–2024)
This chart illustrates how Aztec 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 Aztec Minerals Corp (2016–2024)
The table below shows the annual net assets of Aztec Minerals Corp from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $14.38 Million | +19.55% |
| 2023-12-31 | $12.02 Million | +12.86% |
| 2022-12-31 | $10.65 Million | +33.07% |
| 2021-12-31 | $8.01 Million | +34.27% |
| 2020-12-31 | $5.96 Million | +102.27% |
| 2019-12-31 | $2.95 Million | +0.37% |
| 2018-12-31 | $2.94 Million | -20.03% |
| 2017-12-31 | $3.67 Million | +287.80% |
| 2016-12-31 | $947.16K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Aztec 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 1194177200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $26.64 Million | 185.27% |
| Total Equity | $14.38 Million | 100.00% |
Aztec Minerals Corp Competitors by Market Cap
The table below lists competitors of Aztec Minerals Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ANKM
OTCQB:ANKM
|
$17.91 Million |
|
PINE Technology Holdings Limited
F:PNY
|
$17.92 Million |
|
Liberty Shoes Limited
NSE:LIBERTSHOE
|
$17.93 Million |
|
Acanthe Développement
LSE:0DYL
|
$17.93 Million |
|
Impedimed Ltd
AU:IPD
|
$17.91 Million |
|
Cho Kwang Pain
KO:004910
|
$17.90 Million |
|
STRAN + CO.INC. DL -0001
F:S9H
|
$17.90 Million |
|
Critical Holdings Berhad
KLSE:0291
|
$17.90 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Aztec Minerals Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 12,024,968 to 14,376,364, a change of 2,351,396 (19.6%).
- Net loss of 1,824,515 reduced equity.
- New share issuances of 3,675,111 increased equity.
- Other factors increased equity by 500,800.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.82 Million | -12.69% |
| Share Issuances | $3.68 Million | +25.56% |
| Other Changes | $500.80K | +3.48% |
| Total Change | $- | 19.55% |
Book Value vs Market Value Analysis
This analysis compares Aztec 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: 1.01x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | $0.00 | $0.12 | x |
| 2017-12-31 | $0.13 | $0.12 | x |
| 2018-12-31 | $0.10 | $0.12 | x |
| 2019-12-31 | $0.09 | $0.12 | x |
| 2020-12-31 | $0.09 | $0.12 | x |
| 2021-12-31 | $0.10 | $0.12 | x |
| 2022-12-31 | $0.12 | $0.12 | x |
| 2023-12-31 | $0.12 | $0.12 | x |
| 2024-12-31 | $0.12 | $0.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Aztec 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): -12.69%
- 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: 1.05x
- Recent ROE (-12.69%) is above the historical average (-25.18%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -33.48% | 0.00% | 0.00x | 1.10x | $-411.86K |
| 2017 | -39.96% | 0.00% | 0.00x | 1.03x | $-1.84 Million |
| 2018 | -34.70% | 0.00% | 0.00x | 1.03x | $-1.31 Million |
| 2019 | -18.89% | 0.00% | 0.00x | 1.03x | $-851.71K |
| 2020 | -32.42% | 0.00% | 0.00x | 1.22x | $-2.12 Million |
| 2021 | -23.07% | 0.00% | 0.00x | 1.31x | $-2.08 Million |
| 2022 | -16.33% | 0.00% | 0.00x | 1.03x | $-2.81 Million |
| 2023 | -15.07% | 0.00% | 0.00x | 1.04x | $-3.02 Million |
| 2024 | -12.69% | 0.00% | 0.00x | 1.05x | $-3.26 Million |
Industry Comparison
This section compares Aztec Minerals Corp'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 |
|---|---|---|---|---|
| Aztec Minerals Corp (AZZTF) | $16.74 Million | -33.48% | 0.05x | $17.91 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 |