Alpha Copper Corp
Star Copper Corp. engages in acquiring, exploring, and developing mineral properties in British Columbia. The company explores for copper, gold, and molybdenum deposits. Its flagship properties is Star project covering an area of 6,829 hectares in British Columbia, Canada. The company was formerly known as Alpha Copper Corp. and changed its name to Star Copper Corp. in February 2025. Star Copper … Read more
Alpha Copper Corp (ALCUF) - Net Assets
Latest net assets as of December 2024: $5.67 Million USD
Based on the latest financial reports, Alpha Copper Corp (ALCUF) has net assets worth $5.67 Million USD as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($7.09 Million) and total liabilities ($1.42 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 | $5.67 Million |
| % of Total Assets | 79.98% |
| Annual Growth Rate | 62.85% |
| 5-Year Change | 951.56% |
| 10-Year Change | N/A |
| Growth Volatility | 123.19 |
Alpha Copper Corp - Net Assets Trend (2018–2024)
This chart illustrates how Alpha 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 Alpha Copper Corp (2018–2024)
The table below shows the annual net assets of Alpha Copper Corp from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-09-30 | $5.40 Million | -47.54% |
| 2023-09-30 | $10.29 Million | +98.71% |
| 2022-09-30 | $5.18 Million | +330.67% |
| 2021-09-30 | $1.20 Million | +134.23% |
| 2020-09-30 | $513.29K | -20.25% |
| 2019-09-30 | $643.62K | +122.58% |
| 2018-09-30 | $289.17K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Alpha 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 1613557300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $18.62 Million | 344.99% |
| Other Comprehensive Income | $3.43 Million | 63.57% |
| Total Equity | $5.40 Million | 100.00% |
Alpha Copper Corp Competitors by Market Cap
The table below lists competitors of Alpha Copper Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Captiva Verde Land Corp
PINK:CPIVF
|
$5.72 Million |
|
Premium Resources Ltd.
PINK:PRMLF
|
$5.72 Million |
|
CHINA GREEN AGRIC.DL-001
F:GR0A
|
$5.72 Million |
|
Alset AI Ventures Inc.
PINK:GPUSF
|
$5.72 Million |
|
Scope Metals Group Ltd
TA:SCOP
|
$5.71 Million |
|
Creatd Inc
PINK:CRTD
|
$5.71 Million |
|
Hexa Tradex Limited
NSE:HEXATRADEX
|
$5.71 Million |
|
Bettermoo(d) Food Corporation
OTCQB:MOOOF
|
$5.71 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Alpha Copper Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 10,288,977 to 5,397,590, a change of -4,891,387 (-47.5%).
- Net loss of 5,438,266 reduced equity.
- Other factors increased equity by 546,879.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-5.44 Million | -100.75% |
| Other Changes | $546.88K | +10.13% |
| Total Change | $- | -47.54% |
Book Value vs Market Value Analysis
This analysis compares Alpha 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: 0.80x
- 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 1.14x to 0.80x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-09-30 | $0.27 | $0.30 | x |
| 2019-09-30 | $0.59 | $0.30 | x |
| 2020-09-30 | $0.47 | $0.30 | x |
| 2021-09-30 | $0.79 | $0.30 | x |
| 2022-09-30 | $1.24 | $0.30 | x |
| 2023-09-30 | $1.28 | $0.30 | x |
| 2024-09-30 | $0.38 | $0.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Alpha 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): -100.75%
- 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: 1.25x
- Recent ROE (-100.75%) is below the historical average (-75.73%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -179.66% | 0.00% | 0.00x | 1.07x | $-548.42K |
| 2019 | -25.92% | 0.00% | 0.00x | 1.12x | $-231.16K |
| 2020 | -25.39% | 0.00% | 0.00x | 1.02x | $-181.65K |
| 2021 | -30.75% | 0.00% | 0.00x | 1.08x | $-490.00K |
| 2022 | -143.83% | 0.00% | 0.00x | 1.07x | $-7.96 Million |
| 2023 | -23.81% | 0.00% | 0.00x | 1.07x | $-3.48 Million |
| 2024 | -100.75% | 0.00% | 0.00x | 1.25x | $-5.98 Million |
Industry Comparison
This section compares Alpha Copper Corp'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 |
|---|---|---|---|---|
| Alpha Copper Corp (ALCUF) | $5.67 Million | -179.66% | 0.25x | $5.71 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 |