CMC Metals Ltd
CMC Metals Ltd. engages in the acquisition and exploration of mineral properties in Canada. The company explores for silver, zinc, lead, gold, copper, antimony, bismuth, and tungsten deposits. Its flagship property is the 100% owned Silver Hart property that includes 116 claims covering an area of 2,017 hectares located in south-central Yukon. The company was formerly known as Bellevue Capital Co… Read more
CMC Metals Ltd (CMCXF) - Net Assets
Latest net assets as of December 2024: $489.10K USD
Based on the latest financial reports, CMC Metals Ltd (CMCXF) has net assets worth $489.10K USD as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.26 Million) and total liabilities ($774.52K). 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 | $489.10K |
| % of Total Assets | 38.71% |
| Annual Growth Rate | -22.29% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 164.35 |
CMC Metals Ltd - Net Assets Trend (2012–2024)
This chart illustrates how CMC Metals Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for CMC Metals Ltd (2012–2024)
The table below shows the annual net assets of CMC Metals Ltd from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-09-30 | $361.81K | +159.95% |
| 2023-09-30 | $-603.54K | -438.63% |
| 2022-09-30 | $178.23K | +190.71% |
| 2021-09-30 | $-196.47K | +25.21% |
| 2020-09-30 | $-262.71K | +80.86% |
| 2019-09-30 | $-1.37 Million | +18.17% |
| 2018-09-30 | $-1.68 Million | +34.27% |
| 2017-09-30 | $-2.55 Million | -18.85% |
| 2016-09-30 | $-2.15 Million | +8.76% |
| 2015-09-30 | $-2.35 Million | -298.90% |
| 2014-09-30 | $1.18 Million | -74.33% |
| 2013-09-30 | $4.61 Million | -38.27% |
| 2012-09-30 | $7.47 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to CMC Metals Ltd'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 3077287400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $31.13 Million | 8605.31% |
| Total Equity | $361.81K | 100.00% |
CMC Metals Ltd Competitors by Market Cap
The table below lists competitors of CMC Metals Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sparindex INDEX DJ BinClWld KL
CO:SPIDJB
|
$289.78K |
|
Dongyang Express Corp.
KQ:084670
|
$289.79K |
|
Bergio Intl Inc
PINK:BRGO
|
$289.83K |
|
Asuransi Bina Dana Arta Tbk
JK:ABDA
|
$289.97K |
|
Lai Sun Garment (International) Limited
PINK:LSIHF
|
$289.65K |
|
Yuengling's Ice Cream Corporation
PINK:YCRM
|
$289.53K |
|
DISTY TECHNOLOGIES
BC:DISTY-TECHNOLOGIES
|
$289.24K |
|
MOVEBYBIKE EUROPE AB
F:6ZR
|
$289.12K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CMC Metals Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -603,544 to 361,808, a change of 965,352.
- Net income of 196,519 contributed positively to equity growth.
- New share issuances of 412,398 increased equity.
- Other factors increased equity by 356,435.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $196.52K | +54.32% |
| Share Issuances | $412.40K | +113.98% |
| Other Changes | $356.44K | +98.51% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares CMC Metals Ltd'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: 6.19x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-09-30 | $0.00 | $0.01 | x |
| 2016-09-30 | $0.00 | $0.01 | x |
| 2017-09-30 | $-0.15 | $0.01 | x |
| 2018-09-30 | $-0.09 | $0.01 | x |
| 2019-09-30 | $-0.04 | $0.01 | x |
| 2020-09-30 | $0.00 | $0.01 | x |
| 2021-09-30 | $0.00 | $0.01 | x |
| 2022-09-30 | $0.00 | $0.01 | x |
| 2023-09-30 | $0.00 | $0.01 | x |
| 2024-09-30 | $0.00 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CMC Metals Ltd 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): 54.32%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 3.46x
- Recent ROE (54.32%) is above the historical average (-208.73%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 0.00% | 0.00% | 0.00x | 1.31x | $-746.51K |
| 2013 | 0.00% | 0.00% | 0.00x | 1.45x | $-460.81K |
| 2014 | -372.41% | 0.00% | 0.00x | 2.74x | $-4.52 Million |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-5.50 Million |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.40 Million |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.11 Million |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $703.57K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-341.58K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-923.12K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-3.02 Million |
| 2022 | -2395.46% | 0.00% | 0.00x | 9.60x | $-4.29 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-3.43 Million |
| 2024 | 54.32% | 0.00% | 0.00x | 3.46x | $160.34K |
Industry Comparison
This section compares CMC Metals Ltd'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 |
|---|---|---|---|---|
| CMC Metals Ltd (CMCXF) | $489.10K | 0.00% | 1.58x | $289.68K |
| 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 |