Manganese X Energy Corp
Manganese X Energy Corp. acquires and advances mining prospects for supplying value-added materials to the lithium-ion battery and other alternative energy industries in North America. It explores manganese, copper, nickel, and cobalt deposits. The company's principal project includes the Battery Hill Manganese property that consists of 55 claims covering an area of approximately 1,228 hectares l… Read more
Manganese X Energy Corp (MNXXF) - Net Assets
Latest net assets as of December 2025: $2.07 Million USD
Based on the latest financial reports, Manganese X Energy Corp (MNXXF) has net assets worth $2.07 Million USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.13 Million) and total liabilities ($59.62K). 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 | $2.07 Million |
| % of Total Assets | 97.2% |
| Annual Growth Rate | 13.15% |
| 5-Year Change | -47.27% |
| 10-Year Change | N/A |
| Growth Volatility | 171.7 |
Manganese X Energy Corp - Net Assets Trend (2017–2025)
This chart illustrates how Manganese X Energy 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 Manganese X Energy Corp (2017–2025)
The table below shows the annual net assets of Manganese X Energy Corp from 2017 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | $3.03 Million | +37.85% |
| 2024-03-31 | $2.19 Million | -42.84% |
| 2023-03-31 | $3.84 Million | -2.20% |
| 2022-03-31 | $3.93 Million | -31.57% |
| 2021-03-31 | $5.74 Million | +506.83% |
| 2020-03-31 | $945.54K | -3.36% |
| 2019-03-31 | $978.44K | -13.47% |
| 2018-03-31 | $1.13 Million | +0.41% |
| 2017-03-31 | $1.13 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Manganese X Energy 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 1837861200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $31.17 Million | 1030.15% |
| Total Equity | $3.03 Million | 100.00% |
Manganese X Energy Corp Competitors by Market Cap
The table below lists competitors of Manganese X Energy Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Maritime Launch Services Inc.
OTCQB:MAXQF
|
$8.29 Million |
|
Yangjisa Co. Ltd
KQ:030960
|
$8.29 Million |
|
Arrow Minerals Ltd
AU:AMD
|
$8.29 Million |
|
Brand Concepts Limited
NSE:BCONCEPTS
|
$8.30 Million |
|
Infrared Cameras Holdings Inc
NASDAQ:MSAI
|
$8.29 Million |
|
Imago Mulia Persada Tbk PT
JK:LFLO
|
$8.28 Million |
|
Magle Chemoswed Holding Ab
ST:MAGLE
|
$8.28 Million |
|
SUPREME DISTRIBUTION PUBLIC COMPANY LIMITED
BK:SPREME
|
$8.28 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Manganese X Energy Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,194,865 to 3,025,640, a change of 830,775 (37.9%).
- Net loss of 1,566,113 reduced equity.
- New share issuances of 2,476,319 increased equity.
- Other factors decreased equity by 79,431.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.57 Million | -51.76% |
| Share Issuances | $2.48 Million | +81.84% |
| Other Changes | $-79.43K | -2.63% |
| Total Change | $- | 37.85% |
Book Value vs Market Value Analysis
This analysis compares Manganese X Energy 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: 3.76x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 2.13x to 3.76x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-03-31 | $0.02 | $0.05 | x |
| 2018-03-31 | $0.02 | $0.05 | x |
| 2019-03-31 | $0.02 | $0.05 | x |
| 2020-03-31 | $0.01 | $0.05 | x |
| 2021-03-31 | $0.05 | $0.05 | x |
| 2022-03-31 | $0.03 | $0.05 | x |
| 2023-03-31 | $0.03 | $0.05 | x |
| 2024-03-31 | $0.02 | $0.05 | x |
| 2025-03-31 | $0.01 | $0.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Manganese X Energy 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): -51.76%
- 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: 1.03x
- Recent ROE (-51.76%) is above the historical average (-92.03%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -65.56% | 0.00% | 0.00x | 1.12x | $-850.95K |
| 2018 | -118.44% | 0.00% | 0.00x | 1.08x | $-1.45 Million |
| 2019 | -123.15% | 0.00% | 0.00x | 1.77x | $-1.30 Million |
| 2020 | -97.58% | 0.00% | 0.00x | 1.14x | $-1.02 Million |
| 2021 | -85.06% | 0.00% | 0.00x | 1.04x | $-5.45 Million |
| 2022 | -108.87% | 0.00% | 0.00x | 1.03x | $-4.67 Million |
| 2023 | -73.79% | 0.00% | 0.00x | 1.03x | $-3.22 Million |
| 2024 | -104.07% | 0.00% | 0.00x | 1.08x | $-2.50 Million |
| 2025 | -51.76% | 0.00% | 0.00x | 1.03x | $-1.87 Million |
Industry Comparison
This section compares Manganese X Energy 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: $2,860,622,178
- Average return on equity (ROE) among peers: -17.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Manganese X Energy Corp (MNXXF) | $2.07 Million | -65.56% | 0.03x | $8.29 Million |
| Asia Broadband Inc (AABB) | $-613.21K | 0.00% | 0.00x | $228.68 |
| Altair Resources Inc (AAEEF) | $-1.37 Million | 0.00% | 0.00x | $165.38K |
| Aftermath Silver Ltd (AAGFF) | $18.53 Million | -47.33% | 0.52x | $99.81 Million |
| Anglo American plc (AAUKF) | $28.53 Billion | -10.75% | 1.27x | $26.36 Billion |
| Abacus Mining & Exploration Corporation (ABCFF) | $-12.92 Million | 0.00% | 0.00x | $1.95 Million |
| Vision Lithium Inc (ABEPF) | $526.04K | -142.32% | 1.21x | $3.75 Million |
| Arbor Metals Corp (ABRMF) | $584.31K | -19.85% | 0.08x | $3.05 Million |
| ACG Metals Limited (ACGAF) | $58.31 Million | -22.45% | 2.63x | $121.32 Million |
| ACME Lithium Inc (ACLHF) | $-375.11K | 0.00% | 0.00x | $561.74K |
| ACMNF (ACMNF) | $10.55 Million | 67.11% | 0.22x | $14.34 Million |