Noble Mineral Exploration Inc
Noble Mineral Exploration Inc., a junior exploration company, engages in the exploration and evaluation of mineral properties in Canada. It primarily explores for uranium, thorium, yttrium, zirconium, rare earth, phosphorus, silver, nickel, cobalt, gold, copper, VMS, and PGM deposits. The company was formerly known as Ring of Fire Resources Inc. and changed its name to Noble Mineral Exploration I… Read more
Noble Mineral Exploration Inc (NLPXF) - Net Assets
Latest net assets as of November 2025: $10.00 Million USD
Based on the latest financial reports, Noble Mineral Exploration Inc (NLPXF) has net assets worth $10.00 Million USD as of November 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($10.61 Million) and total liabilities ($612.63K). 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 | $10.00 Million |
| % of Total Assets | 94.23% |
| Annual Growth Rate | 12.08% |
| 5-Year Change | -37.94% |
| 10-Year Change | N/A |
| Growth Volatility | 66.58 |
Noble Mineral Exploration Inc - Net Assets Trend (2014–2025)
This chart illustrates how Noble Mineral Exploration 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 Noble Mineral Exploration Inc (2014–2025)
The table below shows the annual net assets of Noble Mineral Exploration Inc from 2014 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-08-31 | $8.52 Million | -3.35% |
| 2024-08-31 | $8.82 Million | -5.43% |
| 2023-08-31 | $9.33 Million | -14.19% |
| 2022-08-31 | $10.87 Million | -20.87% |
| 2021-08-31 | $13.73 Million | +57.10% |
| 2020-08-31 | $8.74 Million | +104.40% |
| 2019-08-31 | $4.28 Million | +33.31% |
| 2018-08-31 | $3.21 Million | +18.87% |
| 2017-08-31 | $2.70 Million | +278.31% |
| 2016-08-31 | $-1.51 Million | -15.98% |
| 2015-08-31 | $-1.31 Million | -153.70% |
| 2014-08-31 | $2.43 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Noble Mineral Exploration 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 20331300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (August 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $29.47 Million | 345.76% |
| Total Equity | $8.52 Million | 100.00% |
Noble Mineral Exploration Inc Competitors by Market Cap
The table below lists competitors of Noble Mineral Exploration Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SSF Home Group Berhad
KLSE:0287
|
$11.92 Million |
|
Symphony Life Bhd
KLSE:1538
|
$11.92 Million |
|
Viskase Companies Inc
PINK:VKSC
|
$11.92 Million |
|
FiEE, Inc.
NASDAQ:FIEE
|
$11.92 Million |
|
Donear Industries Limited
NSE:DONEAR
|
$11.91 Million |
|
Banimmo SA
BR:BANI
|
$11.90 Million |
|
Japan Gold Corp
OTCQB:JGLDF
|
$11.90 Million |
|
Perpetual Energy Inc
PINK:PMGYF
|
$11.90 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Noble Mineral Exploration Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 8,818,969 to 8,523,400, a change of -295,569 (-3.4%).
- Net loss of 297,917 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-297.92K | -3.5% |
| Other Changes | $2.35K | +0.03% |
| Total Change | $- | -3.35% |
Book Value vs Market Value Analysis
This analysis compares Noble Mineral Exploration 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: 1.37x
- 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 |
|---|---|---|---|
| 2015-08-31 | $0.00 | $0.05 | x |
| 2016-08-31 | $0.00 | $0.05 | x |
| 2017-08-31 | $0.04 | $0.05 | x |
| 2018-08-31 | $0.03 | $0.05 | x |
| 2019-08-31 | $0.03 | $0.05 | x |
| 2022-08-31 | $0.05 | $0.05 | x |
| 2023-08-31 | $0.04 | $0.05 | x |
| 2024-08-31 | $0.04 | $0.05 | x |
| 2025-08-31 | $0.04 | $0.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Noble Mineral Exploration 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): -3.50%
- 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: 1.07x
- Recent ROE (-3.50%) is above the historical average (-10.31%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -143.09% | -882.17% | 0.09x | 1.86x | $-3.72 Million |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-3.59 Million |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-406.70K |
| 2017 | 70.02% | 0.00% | 0.00x | 1.76x | $1.62 Million |
| 2018 | -79.14% | 0.00% | 0.00x | 1.34x | $-2.86 Million |
| 2019 | -21.46% | 0.00% | 0.00x | 1.09x | $-1.35 Million |
| 2020 | 47.67% | 0.00% | 0.00x | 1.11x | $3.29 Million |
| 2021 | 11.92% | 0.00% | 0.00x | 1.06x | $264.13K |
| 2022 | 31.14% | 0.00% | 0.00x | 1.07x | $2.30 Million |
| 2023 | -24.05% | 0.00% | 0.00x | 1.04x | $-3.18 Million |
| 2024 | -13.19% | 0.00% | 0.00x | 1.07x | $-2.04 Million |
| 2025 | -3.50% | 0.00% | 0.00x | 1.07x | $-1.15 Million |
Industry Comparison
This section compares Noble Mineral Exploration 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 |
|---|---|---|---|---|
| Noble Mineral Exploration Inc (NLPXF) | $10.00 Million | -143.09% | 0.06x | $11.92 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 |