Marimaca Copper Corp.
Marimaca Copper Corp. engages in the exploration and development of base metal projects in Chile. The company explores for copper, gold, and other mineral deposits. Its flagship project is the 100% owned Marimaca copper project located to the east of the coastal port of Mejillones in the Antofagasta region, northern Chile. The company was formerly known as Coro Mining Corp. and changed its name t… Read more
Marimaca Copper Corp. (MARIF) - Net Assets
Latest net assets as of September 2025: $182.35 Million USD
Based on the latest financial reports, Marimaca Copper Corp. (MARIF) has net assets worth $182.35 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 ($186.25 Million) and total liabilities ($3.90 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 | $182.35 Million |
| % of Total Assets | 97.91% |
| Annual Growth Rate | 22.14% |
| 5-Year Change | 91.59% |
| 10-Year Change | N/A |
| Growth Volatility | 29.7 |
Marimaca Copper Corp. - Net Assets Trend (2018–2024)
This chart illustrates how Marimaca Copper Corp.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Marimaca Copper Corp. (2018–2024)
The table below shows the annual net assets of Marimaca Copper Corp. from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $109.58 Million | +16.08% |
| 2023-12-31 | $94.39 Million | +12.02% |
| 2022-12-31 | $84.26 Million | +1.14% |
| 2021-12-31 | $83.31 Million | +45.66% |
| 2020-12-31 | $57.19 Million | +81.42% |
| 2019-12-31 | $31.53 Million | -4.46% |
| 2018-12-31 | $33.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Marimaca Copper Corp.'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 5435600000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $269.64 Million | 246.08% |
| Total Equity | $109.58 Million | 100.00% |
Marimaca Copper Corp. Competitors by Market Cap
The table below lists competitors of Marimaca Copper Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ponce Financial Group Inc
NASDAQ:PDLB
|
$285.61 Million |
|
Stendörren Fastigheter AB (publ)
ST:STEF-B
|
$285.68 Million |
|
Seoul Semiconductor Co. Ltd
KQ:046890
|
$285.72 Million |
|
Lingsen Precision Industries Ltd
TW:2369
|
$285.76 Million |
|
Wemade Co.Ltd
KQ:112040
|
$285.45 Million |
|
Industrie De Nora S.p.A.
LSE:0ABI
|
$285.39 Million |
|
Denny’s Corp
NASDAQ:DENN
|
$285.37 Million |
|
Foosung
KO:093370
|
$285.36 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Marimaca Copper Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 94,395,000 to 109,577,000, a change of 15,182,000 (16.1%).
- Net loss of 13,752,000 reduced equity.
- New share issuances of 23,814,000 increased equity.
- Other factors increased equity by 5,120,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-13.75 Million | -12.55% |
| Share Issuances | $23.81 Million | +21.73% |
| Other Changes | $5.12 Million | +4.67% |
| Total Change | $- | 16.08% |
Book Value vs Market Value Analysis
This analysis compares Marimaca Copper Corp.'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: 3.27x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 6.26x to 3.27x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | $0.57 | $3.55 | x |
| 2019-12-31 | $0.49 | $3.55 | x |
| 2020-12-31 | $0.78 | $3.55 | x |
| 2021-12-31 | $0.95 | $3.55 | x |
| 2022-12-31 | $0.96 | $3.55 | x |
| 2023-12-31 | $1.01 | $3.55 | x |
| 2024-12-31 | $1.08 | $3.55 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Marimaca Copper Corp. 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): -12.55%
- 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: 1.03x
- Recent ROE (-12.55%) is above the historical average (-23.06%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -73.60% | 0.00% | 0.00x | 1.93x | $-27.59 Million |
| 2019 | -46.13% | 0.00% | 0.00x | 1.84x | $-17.70 Million |
| 2020 | 3.53% | 0.00% | 0.00x | 1.22x | $-3.70 Million |
| 2021 | -22.57% | 0.00% | 0.00x | 1.11x | $-27.14 Million |
| 2022 | -2.56% | 0.00% | 0.00x | 1.01x | $-10.59 Million |
| 2023 | -7.54% | 0.00% | 0.00x | 1.01x | $-16.55 Million |
| 2024 | -12.55% | 0.00% | 0.00x | 1.03x | $-24.71 Million |
Industry Comparison
This section compares Marimaca Copper Corp.'s net assets metrics with peer companies in the Copper industry.
Industry Context
- Industry: Copper
- Average net assets among peers: $353,192,172
- Average return on equity (ROE) among peers: 67.24%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Marimaca Copper Corp. (MARIF) | $182.35 Million | -73.60% | 0.02x | $285.49 Million |
| Atlas Consolidated Mining and Development Corporation (ACMDY) | $2.88 Billion | 4.43% | 2.05x | $240.13 Million |
| Antofagasta PLC (ANFGF) | $101.06 Million | 21.50% | 0.21x | $6.24 Billion |
| Trinity One Metals Ltd. (ARJNF) | $-188.82K | 0.00% | 0.00x | $100.13K |
| Amerigo Resources Ltd. (ARREF) | $138.79 Million | 28.69% | 0.94x | $151.75 Million |
| Arizona Sonoran Copper Company Inc. (ASCUF) | $1.82 Million | 0.00% | 5.65x | $218.14 Million |
| Alta Copper Corp. (ATCUF) | $64.26 Million | -1.45% | 0.01x | $17.41 Million |
| Atalaya Mining Plc (ATLMF) | $350.20 Million | 8.99% | 0.44x | $433.10 Million |
| Bell Copper Corporation (BCUFF) | $917.82K | 863.90% | 2.41x | $2.22 Million |
| Giant Mining Corp. (BFGFF) | $824.41K | -253.66% | 0.31x | $18.49 Million |
| Blue River Resources Ltd (BRVRF) | $-1.34 Million | 0.00% | 0.00x | $704.59K |