Altius Minerals Corporation
Altius Minerals Corporation engages in the mineral and renewable royalties and project generation businesses in Canada, Brazil, and the United States. It owns royalty and streaming interests in 11 operating mines covering copper, nickel, cobalt, lithium, potash, and iron ore. The company is also involved in the acquisition and management of renewable energy investments and royalties, as well as e… Read more
Altius Minerals Corporation (ATUSF) - Net Assets
Latest net assets as of September 2025: $859.52 Million USD
Based on the latest financial reports, Altius Minerals Corporation (ATUSF) has net assets worth $859.52 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.01 Billion) and total liabilities ($155.40 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 | $859.52 Million |
| % of Total Assets | 84.69% |
| Annual Growth Rate | 18.83% |
| 5-Year Change | 48.8% |
| 10-Year Change | 78.36% |
| Growth Volatility | 51.83 |
Altius Minerals Corporation - Net Assets Trend (2004–2024)
This chart illustrates how Altius Minerals Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Altius Minerals Corporation (2004–2024)
The table below shows the annual net assets of Altius Minerals Corporation from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $571.13 Million | -6.76% |
| 2023-12-31 | $612.54 Million | +0.61% |
| 2022-12-31 | $608.81 Million | +15.09% |
| 2021-12-31 | $528.98 Million | +37.82% |
| 2020-12-31 | $383.82 Million | -4.03% |
| 2019-12-31 | $399.96 Million | +4.09% |
| 2018-12-31 | $384.26 Million | -3.96% |
| 2017-12-31 | $400.12 Million | +26.84% |
| 2016-12-31 | $315.47 Million | -1.48% |
| 2015-12-31 | $320.21 Million | +48.30% |
| 2014-12-31 | $215.93 Million | -2.20% |
| 2013-12-31 | $220.78 Million | -14.62% |
| 2012-12-31 | $258.59 Million | -9.54% |
| 2011-12-31 | $285.85 Million | -8.02% |
| 2010-12-31 | $310.78 Million | +46.36% |
| 2009-12-31 | $212.34 Million | +35.57% |
| 2008-12-31 | $156.63 Million | -23.53% |
| 2007-12-31 | $204.83 Million | +100.71% |
| 2006-12-31 | $102.05 Million | +85.96% |
| 2005-12-31 | $54.88 Million | +202.69% |
| 2004-12-31 | $18.13 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Altius Minerals Corporation'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 grown by 12100.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $81.81 Million | 14.58% |
| Other Components | $479.36 Million | 85.42% |
| Total Equity | $561.18 Million | 100.00% |
Altius Minerals Corporation Competitors by Market Cap
The table below lists competitors of Altius Minerals Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Guardian Capital Group Ltd. Cl.A Nv (GCG-A.TO
TO:GCG-A
|
$625.08 Million |
|
Beijing Balance Medical Technology Co Ltd
SHG:688198
|
$625.31 Million |
|
3R Petroleum Óleo e Gás S.A
SA:RRRP3
|
$625.31 Million |
|
Nickel Mines Limited
PINK:NICMF
|
$625.69 Million |
|
BIEM.L .FDLKK Garment Co Ltd
SHE:002832
|
$624.89 Million |
|
Shenzhen Colibri Technologies Co Ltd
SHE:002957
|
$624.46 Million |
|
He Bei Cheng De LoLo Co Ltd
SHE:000848
|
$624.44 Million |
|
First National of Nebraska Inc
PINK:FINN
|
$624.43 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Altius Minerals Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 488,727,000 to 561,177,000, a change of 72,450,000 (14.8%).
- Net income of 100,765,000 contributed positively to equity growth.
- Dividend payments of 14,842,000 reduced retained earnings.
- Share repurchases of 16,196,000 reduced equity.
- New share issuances of 1,062,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $100.77 Million | +17.96% |
| Dividends Paid | $14.84 Million | -2.64% |
| Share Repurchases | $16.20 Million | -2.89% |
| Share Issuances | $1.06 Million | +0.19% |
| Other Changes | $1.66 Million | +0.3% |
| Total Change | $- | 14.82% |
Book Value vs Market Value Analysis
This analysis compares Altius Minerals Corporation'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: 1.33x
- 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 |
|---|---|---|---|
| 2015-12-31 | $0.00 | $16.17 | x |
| 2016-12-31 | $7.28 | $16.17 | x |
| 2017-12-31 | $0.00 | $16.17 | x |
| 2018-12-31 | $8.68 | $16.17 | x |
| 2019-12-31 | $9.16 | $16.17 | x |
| 2020-12-31 | $8.75 | $16.17 | x |
| 2021-12-31 | $10.53 | $16.17 | x |
| 2022-12-31 | $10.21 | $16.17 | x |
| 2023-12-31 | $10.38 | $16.17 | x |
| 2024-12-31 | $12.12 | $16.17 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Altius Minerals Corporation 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): 17.96%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 173.22%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 1.27x
- Recent ROE (17.96%) is above the historical average (7.57%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 15.60% | 0.00% | 0.00x | 1.05x | $1.01 Million |
| 2005 | 53.17% | 30925.71% | 0.00x | 1.13x | $23.69 Million |
| 2006 | 46.61% | 1227.90% | 0.03x | 1.50x | $37.36 Million |
| 2007 | 5.86% | 234.29% | 0.02x | 1.21x | $-8.48 Million |
| 2008 | 15.24% | 697.19% | 0.02x | 1.01x | $8.21 Million |
| 2009 | 9.70% | 1267.41% | 0.01x | 1.03x | $-634.04K |
| 2010 | 24.10% | 2445.65% | 0.01x | 1.08x | $43.24 Million |
| 2011 | 0.00% | 0.00% | 0.01x | 1.06x | $-28.38 Million |
| 2012 | 0.00% | 0.00% | 0.01x | 1.06x | $-25.58 Million |
| 2013 | -9.44% | -682.75% | 0.01x | 1.70x | $-42.38 Million |
| 2014 | -11.59% | -1433.84% | 0.01x | 1.36x | $-46.61 Million |
| 2015 | -12.02% | -343.31% | 0.03x | 1.29x | $-70.46 Million |
| 2016 | -20.57% | -281.59% | 0.05x | 1.33x | $-96.41 Million |
| 2017 | 7.97% | 60.22% | 0.08x | 1.56x | $-6.97 Million |
| 2018 | 0.34% | 3.08% | 0.07x | 1.50x | $-35.92 Million |
| 2019 | 4.54% | 38.93% | 0.08x | 1.47x | $-21.05 Million |
| 2020 | -7.40% | -52.74% | 0.09x | 1.62x | $-63.15 Million |
| 2021 | 9.23% | 63.33% | 0.09x | 1.66x | $-3.33 Million |
| 2022 | 7.71% | 44.57% | 0.11x | 1.61x | $-11.13 Million |
| 2023 | 1.95% | 13.83% | 0.09x | 1.58x | $-39.34 Million |
| 2024 | 17.96% | 173.22% | 0.08x | 1.27x | $44.65 Million |
Industry Comparison
This section compares Altius Minerals Corporation'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 |
|---|---|---|---|---|
| Altius Minerals Corporation (ATUSF) | $859.52 Million | 15.60% | 0.18x | $625.06 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 |