Aben Resources Ltd
Aben Gold Corp., a gold exploration company, engages in the acquisition and exploration of mineral properties primarily in British Columbia, Saskatchewan, and Yukon, Canada. Its flagship project is the 100% owned Justin gold project, which covers an area of 7,400 hectares located in the Tintina Gold Belt in southeast Yukon. The company was formerly known as Aben Minerals Ltd. and changed its name… Read more
Aben Resources Ltd (ABNAF) - Net Assets
Latest net assets as of September 2025: $7.71 Million USD
Based on the latest financial reports, Aben Resources Ltd (ABNAF) has net assets worth $7.71 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 ($8.15 Million) and total liabilities ($435.66K). 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 | $7.71 Million |
| % of Total Assets | 94.65% |
| Annual Growth Rate | 11.6% |
| 5-Year Change | -47.24% |
| 10-Year Change | 61.55% |
| Growth Volatility | 71.56 |
Aben Resources Ltd - Net Assets Trend (1998–2025)
This chart illustrates how Aben Resources 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 Aben Resources Ltd (1998–2025)
The table below shows the annual net assets of Aben Resources Ltd from 1998 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | $7.71 Million | -42.36% |
| 2024-09-30 | $13.38 Million | -3.05% |
| 2023-09-30 | $13.80 Million | -3.21% |
| 2022-09-30 | $14.25 Million | -2.46% |
| 2021-09-30 | $14.61 Million | -2.10% |
| 2020-09-30 | $14.93 Million | -0.60% |
| 2019-09-30 | $15.02 Million | -3.37% |
| 2018-09-30 | $15.54 Million | +109.84% |
| 2017-09-30 | $7.41 Million | +55.17% |
| 2016-09-30 | $4.77 Million | +24.63% |
| 2015-09-30 | $3.83 Million | -10.99% |
| 2014-09-30 | $4.30 Million | +18.89% |
| 2013-09-30 | $3.62 Million | -60.28% |
| 2012-09-30 | $9.11 Million | -2.00% |
| 2011-09-30 | $9.29 Million | +230.19% |
| 2010-09-30 | $2.81 Million | +12.39% |
| 2009-09-30 | $2.50 Million | -25.59% |
| 2008-09-30 | $3.37 Million | -16.04% |
| 2007-09-30 | $4.01 Million | +65.15% |
| 2006-09-30 | $2.43 Million | +162.33% |
| 2005-09-30 | $925.43K | +12430.91% |
| 2004-09-30 | $-7.50K | -115.03% |
| 2003-09-30 | $49.95K | -23.68% |
| 2002-09-30 | $65.44K | -23.03% |
| 2001-09-30 | $85.03K | -67.05% |
| 2000-09-30 | $258.02K | +84.89% |
| 1999-09-30 | $139.55K | -64.97% |
| 1998-09-30 | $398.33K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Aben Resources 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 3461524400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $44.44 Million | 576.42% |
| Other Comprehensive Income | $4.41 Million | 57.17% |
| Total Equity | $7.71 Million | 100.00% |
Aben Resources Ltd Competitors by Market Cap
The table below lists competitors of Aben Resources Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Spectra Products Inc
PINK:SPKTF
|
$1.17 Million |
|
Stonehorse Energy Ltd
AU:SHE
|
$1.17 Million |
|
Lifeclean International AB
ST:LCLEAN
|
$1.17 Million |
|
IMCO Industries Ltd
TA:IMCO
|
$1.17 Million |
|
Simonds Group Ltd
AU:SIO
|
$1.17 Million |
|
Atlas Technology Grp
PINK:ATYG
|
$1.17 Million |
|
P2 Solar Inc
PINK:PTOS
|
$1.17 Million |
|
Precomp Solutions AB Series B
ST:PCOM-B
|
$1.17 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Aben Resources Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 13,376,131 to 7,709,962, a change of -5,666,169 (-42.4%).
- Net loss of 5,990,648 reduced equity.
- New share issuances of 316,000 increased equity.
- Other comprehensive income increased equity by 77,529.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-5.99 Million | -77.7% |
| Share Issuances | $316.00K | +4.1% |
| Other Comprehensive Income | $77.53K | +1.01% |
| Other Changes | $-69.05K | -0.9% |
| Total Change | $- | -42.36% |
Book Value vs Market Value Analysis
This analysis compares Aben Resources 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: 0.13x
- 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.
- The price-to-book ratio has increased from 0.00x to 0.13x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-09-30 | $67.97 | $0.05 | x |
| 1999-09-30 | $29.59 | $0.05 | x |
| 2000-09-30 | $54.70 | $0.05 | x |
| 2001-09-30 | $23.80 | $0.05 | x |
| 2002-09-30 | $16.02 | $0.05 | x |
| 2003-09-30 | $6.65 | $0.05 | x |
| 2004-09-30 | $-0.61 | $0.05 | x |
| 2005-09-30 | $40.26 | $0.05 | x |
| 2006-09-30 | $52.65 | $0.05 | x |
| 2007-09-30 | $70.07 | $0.05 | x |
| 2008-09-30 | $47.23 | $0.05 | x |
| 2009-09-30 | $33.99 | $0.05 | x |
| 2010-09-30 | $35.79 | $0.05 | x |
| 2011-09-30 | $60.49 | $0.05 | x |
| 2012-09-30 | $47.03 | $0.05 | x |
| 2013-09-30 | $17.49 | $0.05 | x |
| 2014-09-30 | $13.20 | $0.05 | x |
| 2015-09-30 | $8.52 | $0.05 | x |
| 2016-09-30 | $4.39 | $0.05 | x |
| 2017-09-30 | $2.09 | $0.05 | x |
| 2018-09-30 | $2.15 | $0.05 | x |
| 2019-09-30 | $1.33 | $0.05 | x |
| 2020-09-30 | $1.25 | $0.05 | x |
| 2021-09-30 | $1.13 | $0.05 | x |
| 2022-09-30 | $1.08 | $0.05 | x |
| 2023-09-30 | $0.89 | $0.05 | x |
| 2024-09-30 | $0.71 | $0.05 | x |
| 2025-09-30 | $0.36 | $0.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Aben Resources 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): -77.70%
- 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: 1.06x
- Recent ROE (-77.70%) is above the historical average (-96.84%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | -99.66% | -39698500.00% | 0.00x | 1.03x | $-436.82K |
| 1999 | -469.94% | -65582500.00% | 0.00x | 1.18x | $-669.78K |
| 2000 | -95.95% | -24757000.00% | 0.00x | 1.07x | $-273.37K |
| 2001 | -366.99% | -9060.31% | 0.04x | 1.05x | $-320.54K |
| 2002 | -173.09% | -5254.04% | 0.02x | 1.37x | $-119.82K |
| 2003 | -866.51% | -95538.41% | 0.00x | 2.43x | $-437.78K |
| 2004 | 0.00% | 0.00% | 0.00x | 0.00x | $-337.66K |
| 2005 | -59.62% | 0.00% | 0.00x | 1.09x | $-644.24K |
| 2006 | -77.27% | 0.00% | 0.00x | 1.03x | $-2.12 Million |
| 2007 | -26.94% | 0.00% | 0.00x | 1.01x | $-1.48 Million |
| 2008 | -52.38% | 0.00% | 0.00x | 1.04x | $-2.10 Million |
| 2009 | -37.77% | 0.00% | 0.00x | 1.02x | $-1.20 Million |
| 2010 | -17.20% | 0.00% | 0.00x | 1.01x | $-765.65K |
| 2011 | -31.19% | 0.00% | 0.00x | 1.08x | $-3.83 Million |
| 2012 | -8.65% | 0.00% | 0.00x | 1.10x | $-1.70 Million |
| 2013 | -152.28% | 0.00% | 0.00x | 1.10x | $-5.87 Million |
| 2014 | -6.86% | -8917.78% | 0.00x | 1.01x | $-725.19K |
| 2015 | -12.34% | 0.00% | 0.00x | 1.03x | $-855.54K |
| 2016 | -8.42% | 0.00% | 0.00x | 1.02x | $-879.26K |
| 2017 | -12.41% | -27781.14% | 0.00x | 1.02x | $-1.66 Million |
| 2018 | -14.41% | 0.00% | 0.00x | 1.06x | $-3.79 Million |
| 2019 | -14.23% | 0.00% | 0.00x | 1.03x | $-3.64 Million |
| 2020 | -9.56% | 0.00% | 0.00x | 1.01x | $-2.92 Million |
| 2021 | -4.11% | 0.00% | 0.00x | 1.01x | $-2.06 Million |
| 2022 | -4.25% | 0.00% | 0.00x | 1.00x | $-2.03 Million |
| 2023 | -8.00% | 0.00% | 0.00x | 1.00x | $-2.48 Million |
| 2024 | -3.65% | 0.00% | 0.00x | 1.02x | $-1.83 Million |
| 2025 | -77.70% | 0.00% | 0.00x | 1.06x | $-6.76 Million |
Industry Comparison
This section compares Aben Resources Ltd's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $2,174,070,358
- Average return on equity (ROE) among peers: -69.71%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Aben Resources Ltd (ABNAF) | $7.71 Million | -99.66% | 0.06x | $1.17 Million |
| Almadex Minerals Ltd (AAMMF) | $14.43 Million | -15.31% | 0.02x | $11.47 Million |
| Allied Gold Corporation (AAUC) | $111.36 Million | -6.66% | 4.92x | $1.61 Billion |
| Aero Energy Limited (AAUGF) | $14.72 Million | -5.86% | 0.05x | $613.34K |
| Abcourt Mines Inc (ABMBF) | $542.08K | -7.78% | 0.16x | $27.58 Million |
| Advance Gold Corp (ADGCF) | $206.54K | -11.57% | 1.00x | $480.91K |
| Agnico Eagle Mines Limited (AEM) | $19.42 Billion | 10.18% | 0.48x | $105.00 Billion |
| Affinity Gold Corp (AFYG) | $241.37K | -497.12% | 0.10x | $4.68K |
| Andes Gold Corp (AGCZ) | $648.20K | -54.33% | 0.04x | $0.95 |
| Antioquia Gold Inc (AGDXF) | $1.57 Million | -38.90% | 0.28x | $1.44 Million |