Algoma Central Corporation
Algoma Central Corporation owns and operates a fleet of dry and liquid bulk carriers activities in Canada. The company operates through Domestic Dry-Bulk, Product Tankers, Ocean Self-Unloaders, and Global Short Sea Shipping segments. The company operates dry-bulk carriers for industrial sectors, including producers in iron and steel, aggregate, salt, and cement and building materials, as well as … Read more
Algoma Central Corporation (AGMJF) - Net Assets
Latest net assets as of September 2025: $928.27 Million USD
Based on the latest financial reports, Algoma Central Corporation (AGMJF) has net assets worth $928.27 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 ($1.79 Billion) and total liabilities ($865.73 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 | $928.27 Million |
| % of Total Assets | 51.74% |
| Annual Growth Rate | 7.87% |
| 5-Year Change | 60.51% |
| 10-Year Change | 45.46% |
| Growth Volatility | 13.14 |
Algoma Central Corporation - Net Assets Trend (1996–2024)
This chart illustrates how Algoma Central Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Algoma Central Corporation (1996–2024)
The table below shows the annual net assets of Algoma Central Corporation from 1996 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $899.85 Million | +15.62% |
| 2023-12-31 | $778.31 Million | +7.20% |
| 2022-12-31 | $726.02 Million | +13.39% |
| 2021-12-31 | $640.28 Million | +14.21% |
| 2020-12-31 | $560.62 Million | -15.11% |
| 2019-12-31 | $660.42 Million | -6.00% |
| 2018-12-31 | $702.55 Million | +6.37% |
| 2017-12-31 | $660.46 Million | +2.95% |
| 2016-12-31 | $641.55 Million | +3.71% |
| 2015-12-31 | $618.61 Million | +1.90% |
| 2014-12-31 | $607.10 Million | +8.20% |
| 2013-12-31 | $561.09 Million | +12.44% |
| 2012-12-31 | $498.99 Million | +6.46% |
| 2011-12-31 | $468.72 Million | +3.58% |
| 2010-12-31 | $452.52 Million | +3.14% |
| 2009-12-31 | $438.73 Million | -0.30% |
| 2008-12-31 | $440.07 Million | +16.10% |
| 2007-12-31 | $379.05 Million | +10.32% |
| 2006-12-31 | $343.57 Million | +11.17% |
| 2005-12-31 | $309.05 Million | +15.51% |
| 2004-12-31 | $267.55 Million | +6.70% |
| 2003-12-31 | $250.75 Million | +1.40% |
| 2002-12-31 | $247.29 Million | +8.08% |
| 2001-12-31 | $228.79 Million | +14.54% |
| 2000-12-31 | $199.74 Million | +1.75% |
| 1999-12-31 | $196.30 Million | +0.93% |
| 1998-12-31 | $194.50 Million | +8.00% |
| 1997-12-31 | $180.10 Million | +66.76% |
| 1996-12-31 | $108.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Algoma Central Corporation'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 grown by 849.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $833.43 Million | 92.62% |
| Common Stock | $57.09 Million | 6.34% |
| Other Comprehensive Income | $5.97 Million | 0.66% |
| Other Components | $3.36 Million | 0.37% |
| Total Equity | $899.85 Million | 100.00% |
Algoma Central Corporation Competitors by Market Cap
The table below lists competitors of Algoma Central Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Artius II Acquisition Inc. Class A Ordinary Shares
NASDAQ:AACB
|
$198.37 Million |
|
Simulations Plus Inc
NASDAQ:SLP
|
$198.40 Million |
|
Climb Bio Inc
NASDAQ:CLYM
|
$198.54 Million |
|
Genus Power Infrastructures Limited
NSE:GENUSPOWER
|
$198.61 Million |
|
San Juan Basin Royalty Trust
NYSE:SJT
|
$198.25 Million |
|
RADIANT LOGISTICS DL-001
F:3GT
|
$198.25 Million |
|
Indian Metals & Ferro Alloys Limited
NSE:IMFA
|
$198.24 Million |
|
UNID Company Ltd
KO:014830
|
$198.16 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Algoma Central Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 778,309,000 to 899,848,000, a change of 121,539,000 (15.6%).
- Net income of 91,638,000 contributed positively to equity growth.
- Dividend payments of 29,733,000 reduced retained earnings.
- Share repurchases of 789,000 reduced equity.
- Other comprehensive income increased equity by 28,433,000.
- Other factors increased equity by 31,990,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $91.64 Million | +10.18% |
| Dividends Paid | $29.73 Million | -3.3% |
| Share Repurchases | $789.00K | -0.09% |
| Other Comprehensive Income | $28.43 Million | +3.16% |
| Other Changes | $31.99 Million | +3.56% |
| Total Change | $- | 15.62% |
Book Value vs Market Value Analysis
This analysis compares Algoma Central Corporation'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: 0.49x
- 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 decreased from 3.88x to 0.49x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-12-31 | $2.78 | $10.78 | x |
| 1997-12-31 | $4.63 | $10.78 | x |
| 1998-12-31 | $4.98 | $10.78 | x |
| 1999-12-31 | $5.04 | $10.78 | x |
| 2000-12-31 | $5.13 | $10.78 | x |
| 2001-12-31 | $5.88 | $10.78 | x |
| 2002-12-31 | $6.35 | $10.78 | x |
| 2003-12-31 | $6.44 | $10.78 | x |
| 2004-12-31 | $6.88 | $10.78 | x |
| 2005-12-31 | $7.56 | $10.78 | x |
| 2006-12-31 | $8.57 | $10.78 | x |
| 2007-12-31 | $9.32 | $10.78 | x |
| 2008-12-31 | $11.31 | $10.78 | x |
| 2009-12-31 | $11.27 | $10.78 | x |
| 2010-12-31 | $11.63 | $10.78 | x |
| 2011-12-31 | $10.80 | $10.78 | x |
| 2012-12-31 | $11.54 | $10.78 | x |
| 2013-12-31 | $12.97 | $10.78 | x |
| 2014-12-31 | $13.99 | $10.78 | x |
| 2015-12-31 | $14.26 | $10.78 | x |
| 2016-12-31 | $14.78 | $10.78 | x |
| 2017-12-31 | $15.22 | $10.78 | x |
| 2018-12-31 | $16.57 | $10.78 | x |
| 2019-12-31 | $17.28 | $10.78 | x |
| 2020-12-31 | $13.35 | $10.78 | x |
| 2021-12-31 | $14.93 | $10.78 | x |
| 2022-12-31 | $16.91 | $10.78 | x |
| 2023-12-31 | $18.07 | $10.78 | x |
| 2024-12-31 | $22.18 | $10.78 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Algoma Central Corporation 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): 10.18%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.03%
- • Asset Turnover: 0.46x
- • Equity Multiplier: 1.69x
- Recent ROE (10.18%) is below the historical average (10.20%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | 11.76% | 7.15% | 0.89x | 1.85x | $1.90 Million |
| 1997 | 42.20% | 40.62% | 0.56x | 1.85x | $57.99 Million |
| 1998 | 8.23% | 6.69% | 0.66x | 1.88x | $-3.45 Million |
| 1999 | 3.77% | 2.87% | 0.66x | 2.00x | $-12.23 Million |
| 2000 | 3.28% | 2.31% | 0.76x | 1.86x | $-13.42 Million |
| 2001 | 13.96% | 10.80% | 0.75x | 1.73x | $9.07 Million |
| 2002 | 8.99% | 7.67% | 0.73x | 1.62x | $-2.49 Million |
| 2003 | 4.68% | 4.20% | 0.72x | 1.54x | $-13.34 Million |
| 2004 | 8.94% | 7.48% | 0.76x | 1.57x | $-2.84 Million |
| 2005 | 10.70% | 6.17% | 1.09x | 1.59x | $2.07 Million |
| 2006 | 12.61% | 7.67% | 1.07x | 1.54x | $8.71 Million |
| 2007 | 14.46% | 9.03% | 1.09x | 1.47x | $16.18 Million |
| 2008 | 9.38% | 5.99% | 0.98x | 1.60x | $-2.73 Million |
| 2009 | 8.85% | 7.47% | 0.75x | 1.58x | $-5.03 Million |
| 2010 | 7.20% | 6.08% | 0.72x | 1.64x | $-12.65 Million |
| 2011 | 14.69% | 11.81% | 0.67x | 1.87x | $21.97 Million |
| 2012 | 8.45% | 7.52% | 0.63x | 1.77x | $-7.74 Million |
| 2013 | 7.47% | 8.53% | 0.53x | 1.66x | $-14.19 Million |
| 2014 | 8.69% | 10.48% | 0.52x | 1.60x | $-7.94 Million |
| 2015 | 4.17% | 6.23% | 0.42x | 1.60x | $-36.09 Million |
| 2016 | 5.19% | 8.78% | 0.37x | 1.61x | $-30.84 Million |
| 2017 | 8.90% | 13.04% | 0.41x | 1.67x | $-7.25 Million |
| 2018 | 7.25% | 10.02% | 0.46x | 1.58x | $-19.31 Million |
| 2019 | 3.66% | 4.25% | 0.49x | 1.74x | $-41.88 Million |
| 2020 | 8.18% | 8.40% | 0.45x | 2.18x | $-10.21 Million |
| 2021 | 12.83% | 13.72% | 0.50x | 1.87x | $18.14 Million |
| 2022 | 16.52% | 17.70% | 0.50x | 1.88x | $47.36 Million |
| 2023 | 10.65% | 11.49% | 0.54x | 1.73x | $5.04 Million |
| 2024 | 10.18% | 13.03% | 0.46x | 1.69x | $1.65 Million |
Industry Comparison
This section compares Algoma Central Corporation's net assets metrics with peer companies in the Marine Shipping industry.
Industry Context
- Industry: Marine Shipping
- Average net assets among peers: $7,693,040,261
- Average return on equity (ROE) among peers: 174.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Algoma Central Corporation (AGMJF) | $928.27 Million | 11.76% | 0.93x | $198.30 Million |
| AP Moeller - Maersk A/S A (AMKAF) | $32.09 Billion | -6.04% | 0.90x | $11.30 Billion |
| A.P. Møller - Mærsk A/S (AMKBF) | $33.38 Billion | 9.46% | 0.70x | $12.49 Billion |
| Ardmore Shpng (ASC) | $634.34 Million | 6.47% | 0.24x | $516.76 Million |
| American Shipping Company ASA (ASCJF) | $114.51 Million | 1340.53% | 0.68x | $11.92 Million |
| Britannia Bulk Holdings Inc (BBLKF) | $72.78 Million | 63.23% | 4.43x | $9.84 |
| Braemar Shipping Services Plc (BSEAF) | $64.82 Million | 15.12% | 0.70x | $79.62 Million |
| BW LPG Limited (BWLP) | $1.94 Billion | 17.27% | 0.71x | $1.17 Billion |
| Caravelle International Group Ordinary Shares (CACO) | $10.02 Million | 122.03% | 2.55x | $12.08 Million |
| Capital Clean Energy Carriers Corp. (CCEC) | $933.40 Million | 4.05% | 0.57x | $172.78 Million |