Auxico Resources Canada Inc
Auxico Resources Canada Inc., together with its subsidiaries, engages in the acquisition, exploration, and development of silver-gold properties in Canada, Mexico, Bolivia, Colombia, Brazil, and the Democratic Republic of the Congo. The company also holds an 100% interest in the Zamora silver-gold property located in Mexico. Auxico Resources Canada Inc. was incorporated in 2014 and is based in Mo… Read more
Auxico Resources Canada Inc (AUXIF) - Net Assets
Latest net assets as of September 2023: $-8.25 Million USD
Based on the latest financial reports, Auxico Resources Canada Inc (AUXIF) has net assets worth $-8.25 Million USD as of September 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.12 Million) and total liabilities ($10.37 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 | $-8.25 Million |
| % of Total Assets | -389.2% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 143.41 |
Auxico Resources Canada Inc - Net Assets Trend (2014–2023)
This chart illustrates how Auxico Resources Canada Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Auxico Resources Canada Inc (2014–2023)
The table below shows the annual net assets of Auxico Resources Canada Inc from 2014 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-09-30 | $-8.25 Million | +72.75% |
| 2022-09-30 | $-30.29 Million | +59.31% |
| 2021-09-30 | $-74.44 Million | -1280.77% |
| 2020-09-30 | $-5.39 Million | -925.21% |
| 2019-09-30 | $-525.88K | -150.38% |
| 2018-09-30 | $1.04 Million | -48.78% |
| 2017-09-30 | $2.04 Million | +274.89% |
| 2016-09-30 | $543.63K | +80.07% |
| 2015-09-30 | $301.91K | -10.26% |
| 2014-09-30 | $336.41K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Auxico Resources Canada Inc'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 56378.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $27.23 Million | % |
| Other Components | $13.15 Million | % |
| Total Equity | $-8.25 Million | 100.00% |
Auxico Resources Canada Inc Competitors by Market Cap
The table below lists competitors of Auxico Resources Canada Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Brand Group (M.G) Ltd
TA:BRND
|
$511.08K |
|
Pasinex Resources Limited
PINK:PSXRF
|
$511.30K |
|
YANGAROO Inc
PINK:YOOIF
|
$511.39K |
|
FE BATTERY METALS CORP.
F:V95
|
$511.53K |
|
BRIT AMER TOBACCO - Dusseldorf Stock Exchang
DU:BMT
|
$510.55K |
|
North Dallas Bank & Trust Co
PINK:NODB
|
$510.45K |
|
InZinc Mining Ltd
PINK:LTHIF
|
$510.22K |
|
Fidere Patrimonio SOCIMI SA
MC:YFID
|
$510.02K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Auxico Resources Canada Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -30,288,892 to -8,253,785, a change of 22,035,107.
- Net income of 11,597,533 contributed positively to equity growth.
- Other comprehensive income decreased equity by 4,273,132.
- Other factors increased equity by 14,710,706.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $11.60 Million | +140.51% |
| Other Comprehensive Income | $-4.27 Million | -51.77% |
| Other Changes | $14.71 Million | +178.23% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Auxico Resources Canada Inc'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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-09-30 | $0.03 | $0.01 | x |
| 2015-09-30 | $0.01 | $0.01 | x |
| 2016-09-30 | $0.02 | $0.01 | x |
| 2017-09-30 | $0.03 | $0.01 | x |
| 2018-09-30 | $0.00 | $0.01 | x |
| 2019-09-30 | $-0.01 | $0.01 | x |
| 2020-09-30 | $-0.12 | $0.01 | x |
| 2021-09-30 | $-1.36 | $0.01 | x |
| 2022-09-30 | $-0.41 | $0.01 | x |
| 2023-09-30 | $-0.09 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Auxico Resources Canada Inc 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4391.49%
- • Asset Turnover: 0.12x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-25.04%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -39.71% | 0.00% | 0.00x | 1.41x | $-159.34K |
| 2015 | -6.16% | 0.00% | 0.00x | 1.64x | $-48.79K |
| 2016 | -58.55% | 0.00% | 0.00x | 1.25x | $-372.64K |
| 2017 | -145.97% | 0.00% | 0.00x | 1.94x | $-1.88 Million |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.05 Million |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.76 Million |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.65 Million |
| 2021 | 0.00% | -3994.71% | 0.15x | 0.00x | $-23.26 Million |
| 2022 | 0.00% | 7831.23% | 0.07x | 0.00x | $38.12 Million |
| 2023 | 0.00% | 4391.49% | 0.12x | 0.00x | $12.42 Million |
Industry Comparison
This section compares Auxico Resources Canada Inc's net assets metrics with peer companies in the Other Precious Metals & Mining industry.
Industry Context
- Industry: Other Precious Metals & Mining
- Average net assets among peers: $9,705,177,506
- Average return on equity (ROE) among peers: -74.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Auxico Resources Canada Inc (AUXIF) | $-8.25 Million | -39.71% | N/A | $510.69K |
| AbraSilver Resource Corp (ABBRF) | $3.05 Million | -108.70% | 0.31x | $280.10 Million |
| American Copper Development Corporation (ACDXF) | $-331.64K | 0.00% | 0.00x | $1.96 Million |
| American Creek Resources Ltd (ACKRF) | $2.36 Million | -67.11% | 0.29x | $23.79 Million |
| American Clean Resources Group Inc. (ACRG) | $23.29 Million | -69.73% | 0.66x | $9.52 Million |
| Adyton Resources Corporation (ADYRF) | $14.98 Million | 5.60% | 0.05x | $26.44 Million |
| Austral Gold Limited (AGLDF) | $542.56K | -504.60% | 1.47x | $4.83 Million |
| Anglo American Platinum Limited (AGPPF) | $96.96 Billion | 50.69% | 0.82x | $8.40 Billion |
| Athena Gold Corp (AHNR) | $4.96 Million | -13.77% | 0.26x | $779.22K |
| Alaska Energy Metals Corporation (AKEMF) | $26.15 Million | -33.81% | 0.05x | $14.55 Million |
| ALXPF (ALXPF) | $14.77 Million | -5.14% | 0.08x | $24.72 Million |