Azimut Exploration Inc
Azimut Exploration Inc. engages in the acquisition, exploration, and evaluation of mineral properties in Canada. It primarily explores for gold, copper, nickel, antimony, and lithium. The company holds 100% interest in its flagship Elmer gold project, covering an area of 34,660 hectares located in the James Bay region. Azimut Exploration Inc. was incorporated in 1986 and is based in Longueuil, Ca… Read more
Azimut Exploration Inc (AZMTF) - Net Assets
Latest net assets as of November 2025: $57.17 Million USD
Based on the latest financial reports, Azimut Exploration Inc (AZMTF) has net assets worth $57.17 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 ($64.58 Million) and total liabilities ($7.41 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 | $57.17 Million |
| % of Total Assets | 88.52% |
| Annual Growth Rate | 17.61% |
| 5-Year Change | 27.46% |
| 10-Year Change | 799.98% |
| Growth Volatility | 68.91 |
Azimut Exploration Inc - Net Assets Trend (2007–2025)
This chart illustrates how Azimut 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 Azimut Exploration Inc (2007–2025)
The table below shows the annual net assets of Azimut Exploration Inc from 2007 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-08-31 | $56.51 Million | +13.56% |
| 2024-08-31 | $49.76 Million | +14.31% |
| 2023-08-31 | $43.53 Million | -7.72% |
| 2022-08-31 | $47.18 Million | +6.41% |
| 2021-08-31 | $44.33 Million | +205.10% |
| 2020-08-31 | $14.53 Million | +137.47% |
| 2019-08-31 | $6.12 Million | +4.43% |
| 2018-08-31 | $5.86 Million | +26.16% |
| 2017-08-31 | $4.64 Million | -26.03% |
| 2016-08-31 | $6.28 Million | +48.60% |
| 2015-08-31 | $4.23 Million | -38.56% |
| 2014-08-31 | $6.88 Million | -24.47% |
| 2013-08-31 | $9.11 Million | -27.99% |
| 2012-08-31 | $12.64 Million | +0.52% |
| 2011-08-31 | $12.58 Million | +152.28% |
| 2010-08-31 | $4.99 Million | +109.64% |
| 2009-08-31 | $2.38 Million | -10.39% |
| 2008-08-31 | $2.65 Million | -12.97% |
| 2007-08-31 | $3.05 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Azimut 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 2754335500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (August 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $84.05 Million | 148.74% |
| Total Equity | $56.51 Million | 100.00% |
Azimut Exploration Inc Competitors by Market Cap
The table below lists competitors of Azimut Exploration Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MoneyHero Limited Class A Ordinary Shares
NASDAQ:MNY
|
$28.73 Million |
|
Syntek Semiconductor Co Ltd
TWO:5302
|
$28.73 Million |
|
S Chand And Company Limited
NSE:SCHAND
|
$28.73 Million |
|
1911 Gold Corp
OTCQB:AUMBF
|
$28.73 Million |
|
SIKRI GROUP ASA NK-02
F:57U0
|
$28.71 Million |
|
ClearSign Combustion Corporation
NASDAQ:CLIR
|
$28.71 Million |
|
Sareum Hldgs Plc
LSE:SAR
|
$28.71 Million |
|
VELA TECHNOL.PLC LS-0001
F:IBNN
|
$28.70 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Azimut Exploration Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 49,761,834 to 56,507,324, a change of 6,745,490 (13.6%).
- Net loss of 2,478,872 reduced equity.
- New share issuances of 8,712,400 increased equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.48 Million | -4.39% |
| Share Issuances | $8.71 Million | +15.42% |
| Other Changes | $511.96K | +0.91% |
| Total Change | $- | 13.56% |
Book Value vs Market Value Analysis
This analysis compares Azimut 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: 0.61x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-08-31 | $0.00 | $0.34 | x |
| 2016-08-31 | $0.00 | $0.34 | x |
| 2017-08-31 | $0.10 | $0.34 | x |
| 2018-08-31 | $0.12 | $0.34 | x |
| 2019-08-31 | $0.11 | $0.34 | x |
| 2020-08-31 | $0.22 | $0.34 | x |
| 2021-08-31 | $0.54 | $0.34 | x |
| 2022-08-31 | $0.57 | $0.34 | x |
| 2023-08-31 | $0.54 | $0.34 | x |
| 2024-08-31 | $0.58 | $0.34 | x |
| 2025-08-31 | $0.56 | $0.34 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Azimut 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): -4.39%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -682.51%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 1.17x
- Recent ROE (-4.39%) is above the historical average (-9.65%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 0.00% | 0.00% | 0.00x | 1.17x | $-304.98K |
| 2008 | 0.00% | 0.00% | 0.00x | 1.99x | $-265.42K |
| 2009 | 0.00% | 0.00% | 0.00x | 1.73x | $-237.85K |
| 2010 | 0.00% | 0.00% | 0.01x | 1.58x | $-498.64K |
| 2011 | 0.00% | 0.00% | 0.00x | 1.17x | $-1.26 Million |
| 2012 | 0.00% | 0.00% | 0.00x | 1.06x | $-1.26 Million |
| 2013 | 0.00% | 0.00% | 0.00x | 1.06x | $-910.57K |
| 2014 | -32.63% | -244007.05% | 0.00x | 1.06x | $-2.93 Million |
| 2015 | -79.40% | 0.00% | 0.00x | 1.08x | $-3.78 Million |
| 2016 | -4.72% | -2603.48% | 0.00x | 1.20x | $-924.05K |
| 2017 | -42.21% | -1377.78% | 0.02x | 1.65x | $-2.43 Million |
| 2018 | -0.32% | -10.97% | 0.02x | 1.36x | $-604.88K |
| 2019 | -15.63% | -241.08% | 0.04x | 1.53x | $-1.57 Million |
| 2020 | -2.09% | -168.40% | 0.01x | 1.26x | $-1.76 Million |
| 2021 | -1.24% | -175.07% | 0.01x | 1.17x | $-4.98 Million |
| 2022 | 3.43% | 1504.96% | 0.00x | 1.15x | $-3.10 Million |
| 2023 | -4.21% | -1312.00% | 0.00x | 1.07x | $-6.18 Million |
| 2024 | 0.09% | 9.60% | 0.01x | 1.16x | $-4.93 Million |
| 2025 | -4.39% | -682.51% | 0.01x | 1.17x | $-8.13 Million |
Industry Comparison
This section compares Azimut 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: $2,436,891,869
- Average return on equity (ROE) among peers: -95.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Azimut Exploration Inc (AZMTF) | $57.17 Million | 0.00% | 0.13x | $28.72 Million |
| Asia Broadband Inc (AABB) | $204.90K | -396.88% | 2.89x | $231.65 |
| Altair Resources Inc (AAEEF) | $-288.26K | 0.00% | 0.00x | $165.38K |
| Aftermath Silver Ltd (AAGFF) | $-71.30K | 0.00% | 0.00x | $99.81 Million |
| Anglo American plc (AAUKF) | $24.32 Billion | 6.55% | 1.06x | $26.36 Billion |
| Abacus Mining & Exploration Corporation (ABCFF) | $31.17 Million | -4.21% | 0.19x | $1.95 Million |
| Vision Lithium Inc (ABEPF) | $3.76 Million | -50.20% | 0.18x | $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) | $-742.11K | 0.00% | 0.00x | $561.74K |
| ACMNF (ACMNF) | $5.68 Million | -407.57% | 1.10x | $14.34 Million |