ALX Resources Corp
ALX Resources Corp. engages in the acquisition, exploration, and development of mineral properties in Canada. It primarily explores for cobalt, nickel, lithium, uranium, copper, gold, and platinum group metals. The company was formerly known as ALX Uranium Corp. and changed its name to ALX Resources Corp. in January 2020. ALX Resources Corp. was incorporated in 2007 and is headquartered in Vancou… Read more
ALX Resources Corp (ALXEF) - Net Assets
Latest net assets as of September 2024: $11.09 Million USD
Based on the latest financial reports, ALX Resources Corp (ALXEF) has net assets worth $11.09 Million USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($11.30 Million) and total liabilities ($213.28K). 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 | $11.09 Million |
| % of Total Assets | 98.11% |
| Annual Growth Rate | 31.45% |
| 5-Year Change | 17.74% |
| 10-Year Change | 90.71% |
| Growth Volatility | 124.45 |
ALX Resources Corp - Net Assets Trend (2007–2023)
This chart illustrates how ALX Resources 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 ALX Resources Corp (2007–2023)
The table below shows the annual net assets of ALX Resources Corp from 2007 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $11.83 Million | -2.84% |
| 2022-12-31 | $12.18 Million | -4.92% |
| 2021-12-31 | $12.81 Million | +20.82% |
| 2020-12-31 | $10.60 Million | +5.50% |
| 2019-12-31 | $10.05 Million | -7.87% |
| 2018-12-31 | $10.91 Million | -9.78% |
| 2017-12-31 | $12.09 Million | -2.74% |
| 2016-12-31 | $12.43 Million | +70.74% |
| 2015-12-31 | $7.28 Million | +17.35% |
| 2014-12-31 | $6.20 Million | +203.73% |
| 2013-12-31 | $2.04 Million | +35.28% |
| 2012-12-31 | $1.51 Million | -3.05% |
| 2011-12-31 | $1.56 Million | -11.00% |
| 2010-12-31 | $1.75 Million | +486.25% |
| 2009-12-31 | $298.51K | -8.08% |
| 2008-12-31 | $324.77K | +117.98% |
| 2007-12-31 | $148.99K | -- |
Equity Component Analysis
This analysis shows how different components contribute to ALX Resources 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 1444024500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $23.36 Million | 197.39% |
| Other Comprehensive Income | $2.93 Million | 24.78% |
| Total Equity | $11.83 Million | 100.00% |
ALX Resources Corp Competitors by Market Cap
The table below lists competitors of ALX Resources Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Beam Communications Holdings Ltd
AU:BCC
|
$3.93 Million |
|
Planet Ventures Inc
PINK:PNXPF
|
$3.93 Million |
|
Grand Gulf Energy Ltd
AU:GGE
|
$3.93 Million |
|
Merida Minerals Inc.
V:ESPN
|
$3.93 Million |
|
TIMES CHINA HLDGS HD -10
F:T2H
|
$3.92 Million |
|
MOVIE GAMES S.A. ZY1
F:2LH
|
$3.92 Million |
|
Mantaro Silver Corp
PINK:MSLVF
|
$3.92 Million |
|
Hochiminh City Metal Corp
VN:HMC
|
$3.92 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ALX Resources Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 12,179,290 to 11,832,903, a change of -346,387 (-2.8%).
- Net loss of 806,280 reduced equity.
- Other comprehensive income increased equity by 102,710.
- Other factors increased equity by 357,183.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-806.28K | -6.81% |
| Other Comprehensive Income | $102.71K | +0.87% |
| Other Changes | $357.18K | +3.02% |
| Total Change | $- | -2.84% |
Book Value vs Market Value Analysis
This analysis compares ALX Resources 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: 0.36x
- 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 0.13x to 0.36x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | $0.14 | $0.02 | x |
| 2008-12-31 | $0.17 | $0.02 | x |
| 2009-12-31 | $0.14 | $0.02 | x |
| 2010-12-31 | $0.52 | $0.02 | x |
| 2011-12-31 | $0.24 | $0.02 | x |
| 2012-12-31 | $0.22 | $0.02 | x |
| 2013-12-31 | $0.24 | $0.02 | x |
| 2014-12-31 | $0.52 | $0.02 | x |
| 2015-12-31 | $0.25 | $0.02 | x |
| 2016-12-31 | $0.21 | $0.02 | x |
| 2017-12-31 | $0.16 | $0.02 | x |
| 2018-12-31 | $0.13 | $0.02 | x |
| 2019-12-31 | $0.10 | $0.02 | x |
| 2020-12-31 | $0.08 | $0.02 | x |
| 2021-12-31 | $0.07 | $0.02 | x |
| 2022-12-31 | $0.06 | $0.02 | x |
| 2023-12-31 | $0.05 | $0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ALX Resources 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): -6.81%
- 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: 1.01x
- Recent ROE (-6.81%) is above the historical average (-15.68%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | -10.75% | 0.00% | 0.00x | 1.04x | $-30.91K |
| 2008 | -34.79% | 0.00% | 0.00x | 1.02x | $-145.46K |
| 2009 | -8.80% | 0.00% | 0.00x | 1.03x | $-56.11K |
| 2010 | -17.84% | 0.00% | 0.00x | 1.02x | $-487.15K |
| 2011 | -11.44% | 0.00% | 0.00x | 1.01x | $-333.93K |
| 2012 | -9.62% | 0.00% | 0.00x | 1.03x | $-296.29K |
| 2013 | -36.88% | 0.00% | 0.00x | 1.07x | $-957.58K |
| 2014 | -20.06% | 0.00% | 0.00x | 1.09x | $-1.87 Million |
| 2015 | -31.29% | 0.00% | 0.00x | 1.08x | $-3.01 Million |
| 2016 | 28.29% | 0.00% | 0.00x | 1.02x | $2.27 Million |
| 2017 | -14.39% | 0.00% | 0.00x | 1.02x | $-2.95 Million |
| 2018 | -16.59% | 0.00% | 0.00x | 1.01x | $-2.90 Million |
| 2019 | -31.56% | 0.00% | 0.00x | 1.04x | $-4.18 Million |
| 2020 | -7.41% | 0.00% | 0.00x | 1.02x | $-1.85 Million |
| 2021 | -21.20% | 0.00% | 0.00x | 1.02x | $-4.00 Million |
| 2022 | -15.43% | 0.00% | 0.00x | 1.02x | $-3.10 Million |
| 2023 | -6.81% | 0.00% | 0.00x | 1.01x | $-1.99 Million |
Industry Comparison
This section compares ALX Resources Corp's net assets metrics with peer companies in the Uranium industry.
Industry Context
- Industry: Uranium
- Average net assets among peers: $18,842,432
- Average return on equity (ROE) among peers: -26.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ALX Resources Corp (ALXEF) | $11.09 Million | -10.75% | 0.02x | $3.92 Million |
| Anfield Energy Inc. (AEC) | $14.69 Million | -60.28% | 1.45x | $74.75 Million |
| AEMLF (AEMLF) | $7.09 Million | -26.99% | 0.04x | $2.04 Million |
| Alligator Energy Limited (ALGEF) | $8.63 Million | -11.42% | 0.05x | $63.13 Million |
| Appia Energy Corp (APAAF) | $27.17 Million | -2.82% | 0.16x | $11.14 Million |
| Aura Energy Limited (AUEEF) | $16.57 Million | -16.64% | 0.03x | $55.36 Million |
| Azincourt Uranium Inc (AZURF) | $7.85 Million | -91.09% | 0.04x | $1.89 Million |
| Berkeley Energy Ltd (BKLRF) | $25.00 Million | -28.01% | 0.04x | $175.19 Million |
| Blue Sky Uranium Corp (BKUCF) | $-393.25K | 0.00% | 0.00x | $12.59 Million |
| Bannerman Resources Ltd (BNNLF) | $62.97 Million | -3.54% | 0.01x | $221.50 Million |