NGEx Minerals Ltd
NGEx Minerals Ltd. engages in the acquisition, exploration, and development of mineral properties in South America. It holds interest in the Valle Ancho and Interceptor properties located in Catamarca, Argentina; and the Potro Cliffs project located in San Juan Province, Argentina. The company was formerly known as 11264796 Canada Inc. and changed its name to NGEx Minerals Ltd. in June 2019. The … Read more
NGEx Minerals Ltd (NGXXF) - Net Assets
Latest net assets as of September 2025: $131.33 Million USD
Based on the latest financial reports, NGEx Minerals Ltd (NGXXF) has net assets worth $131.33 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 ($142.95 Million) and total liabilities ($11.62 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 | $131.33 Million |
| % of Total Assets | 91.87% |
| Annual Growth Rate | 86.61% |
| 5-Year Change | 4290.79% |
| 10-Year Change | N/A |
| Growth Volatility | 155.19 |
NGEx Minerals Ltd - Net Assets Trend (2018–2024)
This chart illustrates how NGEx Minerals Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for NGEx Minerals Ltd (2018–2024)
The table below shows the annual net assets of NGEx Minerals Ltd from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $195.03 Million | +165.46% |
| 2023-12-31 | $73.47 Million | +205.93% |
| 2022-12-31 | $24.01 Million | +2.70% |
| 2021-12-31 | $23.38 Million | +426.44% |
| 2020-12-31 | $4.44 Million | -54.73% |
| 2019-12-31 | $9.81 Million | +112.67% |
| 2018-12-31 | $4.61 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to NGEx Minerals Ltd'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 6878702900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $372.00 Million | 190.74% |
| Total Equity | $195.03 Million | 100.00% |
NGEx Minerals Ltd Competitors by Market Cap
The table below lists competitors of NGEx Minerals Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BCO LATINOAMER.D.COM.EX.E
F:D8Q
|
$1.21 Billion |
|
People.Cn Co Ltd
SHG:603000
|
$1.21 Billion |
|
Fosun International Ltd
PINK:FOSUF
|
$1.21 Billion |
|
Stx Heavy Indu
KO:071970
|
$1.21 Billion |
|
Mega Union Technology Inc.
TW:6944
|
$1.21 Billion |
|
ProPetro Holding Corp
NYSE:PUMP
|
$1.20 Billion |
|
Prosegur Cash S.A
PINK:PGUCY
|
$1.20 Billion |
|
Jones Tech PLC Class A
SHE:300684
|
$1.20 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in NGEx Minerals Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 73,468,337 to 195,031,350, a change of 121,563,013 (165.5%).
- Net loss of 63,596,812 reduced equity.
- New share issuances of 176,906,983 increased equity.
- Other factors increased equity by 8,252,842.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-63.60 Million | -32.61% |
| Share Issuances | $176.91 Million | +90.71% |
| Other Changes | $8.25 Million | +4.23% |
| Total Change | $- | 165.46% |
Book Value vs Market Value Analysis
This analysis compares NGEx Minerals Ltd'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: 9.44x
- 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 240.45x to 9.44x 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 | $0.04 | $8.89 | x |
| 2019-12-31 | $0.08 | $8.89 | x |
| 2020-12-31 | $0.04 | $8.89 | x |
| 2021-12-31 | $0.18 | $8.89 | x |
| 2022-12-31 | $0.15 | $8.89 | x |
| 2023-12-31 | $0.39 | $8.89 | x |
| 2024-12-31 | $0.94 | $8.89 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently NGEx Minerals Ltd 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): -32.61%
- 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: 1.07x
- Recent ROE (-32.61%) is above the historical average (-80.91%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -137.35% | 0.00% | 0.00x | 1.08x | $-6.80 Million |
| 2019 | -54.09% | 0.00% | 0.00x | 1.10x | $-6.29 Million |
| 2020 | -132.67% | 0.00% | 0.00x | 1.21x | $-6.34 Million |
| 2021 | -23.34% | 0.00% | 0.00x | 1.10x | $-7.80 Million |
| 2022 | -134.98% | 0.00% | 0.00x | 1.35x | $-34.82 Million |
| 2023 | -51.34% | 0.00% | 0.00x | 1.11x | $-45.07 Million |
| 2024 | -32.61% | 0.00% | 0.00x | 1.07x | $-83.10 Million |
Industry Comparison
This section compares NGEx Minerals Ltd'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 |
|---|---|---|---|---|
| NGEx Minerals Ltd (NGXXF) | $131.33 Million | -137.35% | 0.09x | $1.21 Billion |
| 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 |