Canadian Manganese Company Inc.
Canadian Manganese Company Inc. engages in the exploration and development of manganese properties in the province of Canada. The company owns 100% interest in the Woodstock project comprising 232 mineral claims located in Woodstock, New Brunswick. Canadian Manganese Company Inc. was incorporated in 2011 and is headquartered in Toronto, Canada.
Canadian Manganese Company Inc. (CDMNF) - Net Assets
Latest net assets as of September 2024: $11.02 Million USD
Based on the latest financial reports, Canadian Manganese Company Inc. (CDMNF) has net assets worth $11.02 Million USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($17.71 Million) and total liabilities ($6.69 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 | $11.02 Million |
| % of Total Assets | 62.21% |
| Annual Growth Rate | 44.42% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 130.47 |
Canadian Manganese Company Inc. - Net Assets Trend (2020–2023)
This chart illustrates how Canadian Manganese Company 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 Canadian Manganese Company Inc. (2020–2023)
The table below shows the annual net assets of Canadian Manganese Company Inc. from 2020 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $13.25 Million | -11.26% |
| 2022-12-31 | $14.94 Million | -7.66% |
| 2021-12-31 | $16.17 Million | +267.29% |
| 2020-12-31 | $4.40 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Canadian Manganese Company 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 1756930100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $28.03 Million | 304.80% |
| Total Equity | $9.20 Million | 100.00% |
Canadian Manganese Company Inc. Competitors by Market Cap
The table below lists competitors of Canadian Manganese Company Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Plutus Financial Group Limited Ordinary Shares
NASDAQ:PLUT
|
$1.19 Million |
|
XTM Inc
PINK:XTMIF
|
$1.20 Million |
|
CAT STRATEGIC MET.
F:8CHA
|
$1.20 Million |
|
Aprendere Skolor AB
ST:APRNDR
|
$1.20 Million |
|
Nitro Games Oyj
ST:NITRO
|
$1.19 Million |
|
ARROW ELECTRONICS
MU:ARW
|
$1.19 Million |
|
Mantex AB
ST:MANTEX
|
$1.19 Million |
|
BHMINESLTD FPO [BHM]
AU:BHM
|
$1.19 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Canadian Manganese Company Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 10,787,925 to 9,196,406, a change of -1,591,519 (-14.8%).
- Net loss of 2,140,055 reduced equity.
- Other factors increased equity by 548,536.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.14 Million | -23.27% |
| Other Changes | $548.54K | +5.96% |
| Total Change | $- | -14.75% |
Book Value vs Market Value Analysis
This analysis compares Canadian Manganese Company 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: 0.14x
- 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.
- The price-to-book ratio has decreased from 0.28x to 0.14x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $0.03 | $0.01 | x |
| 2021-12-31 | $0.08 | $0.01 | x |
| 2022-12-31 | $0.07 | $0.01 | x |
| 2023-12-31 | $0.06 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Canadian Manganese Company 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): -23.27%
- 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: 1.97x
- Recent ROE (-23.27%) is above the historical average (-39.18%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -2.86% | 0.00% | 0.00x | 1.07x | $-566.38K |
| 2021 | -114.48% | 0.00% | 0.00x | 1.47x | $-14.89 Million |
| 2022 | -16.09% | 0.00% | 0.00x | 1.47x | $-2.81 Million |
| 2023 | -23.27% | 0.00% | 0.00x | 1.97x | $-3.06 Million |
Industry Comparison
This section compares Canadian Manganese Company 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 |
|---|---|---|---|---|
| Canadian Manganese Company Inc. (CDMNF) | $11.02 Million | -2.86% | 0.61x | $1.19 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 |