Lucky Minerals Inc
Lucky Minerals Inc. engages in the acquisition, exploration, and evaluation of mineral properties. The company explores for gold, copper, and molybdenum deposits. It holds a 100% interest in the Fortuna project comprises 12 contiguous mining concessions covering an area of approximately 55,000 hectares in a prolific mineralized zone in southern Ecuador. The company was incorporated in 2007 and is… Read more
Lucky Minerals Inc (LKMNF) - Net Assets
Latest net assets as of July 2024: $-3.42 Million USD
Based on the latest financial reports, Lucky Minerals Inc (LKMNF) has net assets worth $-3.42 Million USD as of July 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($43.36K) and total liabilities ($3.47 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 | $-3.42 Million |
| % of Total Assets | -7895.85% |
| Annual Growth Rate | N/A |
| 5-Year Change | -241.7% |
| 10-Year Change | N/A |
| Growth Volatility | 138.58 |
Lucky Minerals Inc - Net Assets Trend (2014–2023)
This chart illustrates how Lucky Minerals 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 Lucky Minerals Inc (2014–2023)
The table below shows the annual net assets of Lucky Minerals Inc from 2014 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-10-31 | $-2.75 Million | -142.82% |
| 2022-10-31 | $6.43 Million | +1.07% |
| 2021-10-31 | $6.36 Million | +71.64% |
| 2020-10-31 | $3.70 Million | +90.74% |
| 2019-10-31 | $1.94 Million | +385.93% |
| 2018-10-31 | $399.74K | -37.23% |
| 2017-10-31 | $636.80K | +10.24% |
| 2016-10-31 | $577.66K | -24.94% |
| 2015-10-31 | $769.64K | -20.49% |
| 2014-10-31 | $968.01K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lucky Minerals 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 2970829100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (October 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $28.58 Million | % |
| Total Equity | $-2.75 Million | 100.00% |
Lucky Minerals Inc Competitors by Market Cap
The table below lists competitors of Lucky Minerals Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Melati Ehsan Holdings Bhd
KLSE:5129
|
$930.05K |
|
Cho Thavee Public Company Limited
BK:CHO
|
$931.69K |
|
PURE BIOLOGICS ZY -10
F:PQB
|
$932.66K |
|
DOLLAR TREE (DT3.SG)
STU:DT3
|
$932.68K |
|
LINDSAY
BE:LMF
|
$929.76K |
|
TAISEI (TKK1.SG)
STU:TKK1
|
$929.51K |
|
Stryve Foods Inc
NASDAQ:SNAX
|
$927.78K |
|
Widgie Nickel Limited
PINK:WDGNF
|
$927.33K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lucky Minerals Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 6,427,773 to -2,752,383, a change of -9,180,156 (-142.8%).
- Net loss of 10,036,826 reduced equity.
- New share issuances of 641,000 increased equity.
- Other factors increased equity by 215,670.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-10.04 Million | -364.66% |
| Share Issuances | $641.00K | +23.29% |
| Other Changes | $215.67K | +7.84% |
| Total Change | $- | -142.82% |
Book Value vs Market Value Analysis
This analysis compares Lucky Minerals 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-10-31 | $0.07 | $0.01 | x |
| 2018-10-31 | $0.04 | $0.01 | x |
| 2020-10-31 | $0.08 | $0.01 | x |
| 2021-10-31 | $0.05 | $0.01 | x |
| 2022-10-31 | $0.03 | $0.01 | x |
| 2023-10-31 | $-0.01 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lucky Minerals 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): 0.00%
- 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: 0.00x
- Recent ROE (0.00%) is above the historical average (-150.85%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -79.71% | 0.00% | 0.00x | 1.03x | $-868.36K |
| 2015 | -25.78% | 0.00% | 0.00x | 1.03x | $-275.34K |
| 2016 | -33.23% | 0.00% | 0.00x | 1.02x | $-249.74K |
| 2017 | -201.84% | 0.00% | 0.00x | 1.20x | $-1.35 Million |
| 2018 | -764.81% | 0.00% | 0.00x | 5.97x | $-3.10 Million |
| 2019 | -195.97% | 0.00% | 0.00x | 2.96x | $-4.00 Million |
| 2020 | -81.65% | 0.00% | 0.00x | 1.44x | $-3.40 Million |
| 2021 | -62.65% | 0.00% | 0.00x | 1.29x | $-4.62 Million |
| 2022 | -62.85% | 0.00% | 0.00x | 1.23x | $-4.68 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-9.76 Million |
Industry Comparison
This section compares Lucky Minerals 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 |
|---|---|---|---|---|
| Lucky Minerals Inc (LKMNF) | $-3.42 Million | -79.71% | N/A | $930.00K |
| 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 |