Callinex Mines Inc
Visionary Copper and Gold Mines Inc. engages in the acquisition, exploration, and development of mineral properties in Canada. The company explores for copper, zinc, gold, lead, silver, and and critical metal deposits. The company was formerly known as Callinex Mines Inc. and changed its name to Visionary Copper and Gold Mines Inc. in August 2025. Visionary Copper and Gold Mines Inc. was incorpor… Read more
Callinex Mines Inc (CLLXF) - Net Assets
Latest net assets as of June 2025: $39.79 Million USD
Based on the latest financial reports, Callinex Mines Inc (CLLXF) has net assets worth $39.79 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 ($43.49 Million) and total liabilities ($3.71 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 | $39.79 Million |
| % of Total Assets | 91.47% |
| Annual Growth Rate | 11.76% |
| 5-Year Change | 85.97% |
| 10-Year Change | 200.94% |
| Growth Volatility | 13.44 |
Callinex Mines Inc - Net Assets Trend (2014–2024)
This chart illustrates how Callinex Mines 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 Callinex Mines Inc (2014–2024)
The table below shows the annual net assets of Callinex Mines Inc from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-09-30 | $40.03 Million | +3.01% |
| 2023-09-30 | $38.86 Million | +17.38% |
| 2022-09-30 | $33.11 Million | +16.42% |
| 2021-09-30 | $28.44 Million | +32.11% |
| 2020-09-30 | $21.53 Million | -1.10% |
| 2019-09-30 | $21.77 Million | -0.15% |
| 2018-09-30 | $21.80 Million | -2.03% |
| 2017-09-30 | $22.25 Million | +33.51% |
| 2016-09-30 | $16.67 Million | +25.29% |
| 2015-09-30 | $13.30 Million | +1.05% |
| 2014-09-30 | $13.16 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Callinex Mines 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 1819253600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $92.23 Million | 230.41% |
| Total Equity | $40.03 Million | 100.00% |
Callinex Mines Inc Competitors by Market Cap
The table below lists competitors of Callinex Mines Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Good Times Restaurants Inc
NASDAQ:GTIM
|
$10.02 Million |
|
Lion Industries Corporation Bhd
KLSE:4235
|
$10.02 Million |
|
Kyobo 3 SPAC
KQ:208710
|
$10.02 Million |
|
Kc Cottrell
KO:119650
|
$10.02 Million |
|
Unimech Group Bhd
KLSE:7091
|
$10.02 Million |
|
Castile Resources Ltd
AU:CST
|
$10.01 Million |
|
Fabrity Holding S.A.
WAR:FAB
|
$10.01 Million |
|
Greencastle Resources Ltd
PINK:GRSFF
|
$10.01 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Callinex Mines Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 38,860,450 to 40,031,090, a change of 1,170,640 (3.0%).
- Net loss of 1,001,415 reduced equity.
- New share issuances of 2,094,409 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.00 Million | -2.5% |
| Share Issuances | $2.09 Million | +5.23% |
| Other Changes | $77.65K | +0.19% |
| Total Change | $- | 3.01% |
Book Value vs Market Value Analysis
This analysis compares Callinex Mines 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: 0.30x
- 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 |
|---|---|---|---|
| 2015-09-30 | $0.00 | $0.64 | x |
| 2016-09-30 | $0.00 | $0.64 | x |
| 2017-09-30 | $2.84 | $0.64 | x |
| 2018-09-30 | $2.57 | $0.64 | x |
| 2019-09-30 | $2.04 | $0.64 | x |
| 2020-09-30 | $1.90 | $0.64 | x |
| 2021-09-30 | $2.11 | $0.64 | x |
| 2022-09-30 | $2.22 | $0.64 | x |
| 2023-09-30 | $2.26 | $0.64 | x |
| 2024-09-30 | $2.11 | $0.64 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Callinex Mines 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): -2.50%
- 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: 1.09x
- Recent ROE (-2.50%) is above the historical average (-20.35%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -130.62% | 0.00% | 0.00x | 1.04x | $-18.51 Million |
| 2015 | -33.00% | 0.00% | 0.00x | 1.04x | $-5.72 Million |
| 2016 | -11.90% | 0.00% | 0.00x | 1.01x | $-3.65 Million |
| 2017 | -9.08% | 0.00% | 0.00x | 1.02x | $-4.25 Million |
| 2018 | -15.08% | 0.00% | 0.00x | 1.02x | $-5.47 Million |
| 2019 | -9.17% | 0.00% | 0.00x | 1.01x | $-4.17 Million |
| 2020 | -5.23% | 0.00% | 0.00x | 1.03x | $-3.28 Million |
| 2021 | -4.05% | 0.00% | 0.00x | 1.07x | $-4.00 Million |
| 2022 | 0.12% | 0.00% | 0.00x | 1.08x | $-3.27 Million |
| 2023 | -3.28% | 0.00% | 0.00x | 1.08x | $-5.16 Million |
| 2024 | -2.50% | 0.00% | 0.00x | 1.09x | $-5.00 Million |
Industry Comparison
This section compares Callinex Mines 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 |
|---|---|---|---|---|
| Callinex Mines Inc (CLLXF) | $39.79 Million | -130.62% | 0.09x | $10.02 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 |