Almonty Industries Inc
Almonty Industries Inc. engages in mining, processing, and shipping of tungsten concentrate. The company explores for tin and tungsten deposits. It holds a portfolio of projects and mines located in Spain, Portugal, and Republic of Korea. Almonty Industries Inc. is headquartered in Toronto, Canada.
Almonty Industries Inc (ALMTF) - Net Assets
Latest net assets as of June 2025: $10.46 Million USD
Based on the latest financial reports, Almonty Industries Inc (ALMTF) has net assets worth $10.46 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($315.60 Million) and total liabilities ($305.14 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 | $10.46 Million |
| % of Total Assets | 3.31% |
| Annual Growth Rate | 4.89% |
| 5-Year Change | 33.95% |
| 10-Year Change | -20.26% |
| Growth Volatility | 34.26 |
Almonty Industries Inc - Net Assets Trend (2012–2024)
This chart illustrates how Almonty Industries 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 Almonty Industries Inc (2012–2024)
The table below shows the annual net assets of Almonty Industries Inc from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $39.07 Million | -19.45% |
| 2023-12-31 | $48.51 Million | +22.03% |
| 2022-12-31 | $39.75 Million | +6.02% |
| 2021-12-31 | $37.49 Million | +28.53% |
| 2020-12-31 | $29.17 Million | -39.52% |
| 2019-12-31 | $48.23 Million | +18.03% |
| 2018-12-31 | $40.86 Million | -10.44% |
| 2017-12-31 | $45.62 Million | +28.27% |
| 2016-12-31 | $35.57 Million | -27.41% |
| 2015-12-31 | $49.00 Million | +16.52% |
| 2014-12-31 | $42.05 Million | +98.37% |
| 2013-12-31 | $21.20 Million | -3.81% |
| 2012-12-31 | $22.04 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Almonty Industries 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 12022100000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $159.29 Million | 407.68% |
| Total Equity | $39.07 Million | 100.00% |
Almonty Industries Inc Competitors by Market Cap
The table below lists competitors of Almonty Industries Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CoAsia Microelectronics
TWO:8096
|
$272.11 Million |
|
Enity
ST:ENITY
|
$272.13 Million |
|
TLB Co. Ltd.
KQ:356860
|
$272.32 Million |
|
Sichuan Tianyi Comheart Telecom Co Ltd Class A
SHE:300504
|
$272.38 Million |
|
Formycon AG
XETRA:FYB
|
$271.98 Million |
|
Suzhou Jin Hong Shun Auto Parts Co Ltd Class A
SHG:603922
|
$271.96 Million |
|
Friend Co Ltd
SHG:605050
|
$271.87 Million |
|
Tianjin Tianyao Pharmaceuticals Co Ltd
SHG:600488
|
$271.83 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Almonty Industries Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 48,508,000 to 39,073,000, a change of -9,435,000 (-19.5%).
- Net loss of 16,298,000 reduced equity.
- New share issuances of 11,810,000 increased equity.
- Other factors decreased equity by 4,947,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-16.30 Million | -41.71% |
| Share Issuances | $11.81 Million | +30.23% |
| Other Changes | $-4.95 Million | -12.66% |
| Total Change | $- | -19.45% |
Book Value vs Market Value Analysis
This analysis compares Almonty Industries 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: 10.13x
- 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 |
|---|---|---|---|
| 2015-12-31 | $0.00 | $1.45 | x |
| 2016-12-31 | $0.00 | $1.45 | x |
| 2017-12-31 | $0.27 | $1.45 | x |
| 2018-12-31 | $0.23 | $1.45 | x |
| 2019-12-31 | $0.27 | $1.45 | x |
| 2020-12-31 | $0.16 | $1.45 | x |
| 2021-12-31 | $0.18 | $1.45 | x |
| 2022-12-31 | $0.18 | $1.45 | x |
| 2023-12-31 | $0.31 | $1.45 | x |
| 2024-12-31 | $0.14 | $1.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Almonty Industries 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): -41.71%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -56.52%
- • Asset Turnover: 0.11x
- • Equity Multiplier: 6.56x
- Recent ROE (-41.71%) is below the historical average (-17.58%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 11.16% | 11.16% | 0.77x | 1.29x | $254.61K |
| 2013 | 11.17% | 13.31% | 0.50x | 1.68x | $248.59K |
| 2014 | 22.07% | 35.11% | 0.34x | 1.87x | $5.08 Million |
| 2015 | -39.89% | -54.08% | 0.31x | 2.40x | $-24.45 Million |
| 2016 | -59.53% | -56.75% | 0.22x | 4.72x | $-24.73 Million |
| 2017 | -18.06% | -21.12% | 0.24x | 3.51x | $-12.80 Million |
| 2018 | -26.16% | -16.40% | 0.44x | 3.60x | $-14.78 Million |
| 2019 | 18.79% | 18.87% | 0.32x | 3.15x | $4.24 Million |
| 2020 | -31.05% | -36.09% | 0.17x | 5.18x | $-11.97 Million |
| 2021 | -20.68% | -37.19% | 0.13x | 4.42x | $-11.50 Million |
| 2022 | -36.45% | -58.44% | 0.13x | 4.85x | $-18.46 Million |
| 2023 | -18.22% | -39.26% | 0.10x | 4.85x | $-13.69 Million |
| 2024 | -41.71% | -56.52% | 0.11x | 6.56x | $-20.21 Million |
Industry Comparison
This section compares Almonty Industries 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 |
|---|---|---|---|---|
| Almonty Industries Inc (ALMTF) | $10.46 Million | 11.16% | 29.17x | $272.11 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 |