AXMIN Inc

PINK:AXMIF USA Gold
Market Cap
$2.54 Million
Market Cap Rank
#33854 Global
#11049 in USA
Share Price
$0.02
Change (1 day)
+0.00%
52-Week Range
$0.02 - $0.02
All Time High
$0.45
Categories
Companies in USA Gold
About

AXMIN Inc., a gold exploration company, engages in the exploration and development of mineral properties in central and West Africa. Its primary asset is the Passendro gold project located in the Central African Republic. AXMIN Inc. is based in Vancouver, Canada.

AXMIN Inc (AXMIF) - Net Assets

Latest net assets as of September 2023: $-834.75K USD

Based on the latest financial reports, AXMIN Inc (AXMIF) has net assets worth $-834.75K USD as of September 2023.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($107.05K) and total liabilities ($941.80K). 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 $-834.75K
% of Total Assets -779.75%
Annual Growth Rate N/A
5-Year Change -155.82%
10-Year Change N/A
Growth Volatility 78.35

AXMIN Inc - Net Assets Trend (2000–2022)

This chart illustrates how AXMIN 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 AXMIN Inc (2000–2022)

The table below shows the annual net assets of AXMIN Inc from 2000 to 2022.

Year Net Assets Change
2022-12-31 $-522.41K -99.01%
2021-12-31 $-262.50K -196.21%
2020-12-31 $272.84K -70.96%
2019-12-31 $939.56K +0.40%
2018-12-31 $935.82K +176.99%
2017-12-31 $-1.22 Million +50.10%
2016-12-31 $-2.44 Million -12.11%
2015-12-31 $-2.17 Million +20.31%
2014-12-31 $-2.73 Million -31.67%
2013-12-31 $-2.07 Million -105.73%
2012-12-31 $36.17 Million -12.70%
2011-12-31 $41.43 Million -33.61%
2010-12-31 $62.41 Million +79.83%
2009-12-31 $34.71 Million -58.96%
2008-12-31 $84.57 Million +11.26%
2007-12-31 $76.02 Million -2.74%
2006-12-31 $78.15 Million +81.35%
2005-12-31 $43.09 Million +108.28%
2004-12-31 $20.69 Million +4.37%
2003-12-31 $19.83 Million +113.85%
2002-12-31 $9.27 Million +5.76%
2001-12-31 $8.77 Million +31.58%
2000-12-31 $6.66 Million --

Equity Component Analysis

This analysis shows how different components contribute to AXMIN 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 15927715000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2022)

Component Amount Percentage
Common Stock $140.55 Million %
Other Comprehensive Income $1.75 Million %
Other Components $18.02 Million %
Total Equity $-522.41K 100.00%

AXMIN Inc Competitors by Market Cap

The table below lists competitors of AXMIN Inc ranked by their market capitalization.

Company Market Cap
Alliance Entertainment Holding Corporation Warrants
NASDAQ:AENTW
 		$2.29 Million
Bohra Industries Limited
NSE:BOHRAIND
 		$2.29 Million
Teo Guan Lee Corporation Bhd
KLSE:9369
 		$2.29 Million
Cleartronic Inc
PINK:CLRI
 		$2.30 Million
Tongda Group Holdings Limited
F:TJC
 		$2.29 Million
Pasdec Holdings Bhd
KLSE:6912
 		$2.29 Million
Adgar Investments and Development Ltd
TA:ADGR
 		$2.29 Million
Natus Medical Incorporated
F:NM4
 		$2.29 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in AXMIN Inc's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2021 to 2022, total equity changed from -262,501 to -522,407, a change of -259,906.
  • Net loss of 635,000 reduced equity.
  • New share issuances of 151,632 increased equity.
  • Other comprehensive income increased equity by 12,747.
  • Other factors increased equity by 210,715.

Equity Change Factors (2021 to 2022)

Factor Impact Contribution
Net Income $-635.00K -121.55%
Share Issuances $151.63K +29.03%
Other Comprehensive Income $12.75K +2.44%
Other Changes $210.72K +40.34%
Total Change $- %

Book Value vs Market Value Analysis

This analysis compares AXMIN 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
2000-12-31 $5.77 $0.02 x
2001-12-31 $4.94 $0.02 x
2002-12-31 $1.43 $0.02 x
2003-12-31 $2.57 $0.02 x
2004-12-31 $1.95 $0.02 x
2005-12-31 $3.56 $0.02 x
2006-12-31 $4.80 $0.02 x
2007-12-31 $3.56 $0.02 x
2008-12-31 $3.58 $0.02 x
2009-12-31 $1.19 $0.02 x
2010-12-31 $1.43 $0.02 x
2011-12-31 $0.66 $0.02 x
2012-12-31 $0.57 $0.02 x
2013-12-31 $-0.02 $0.02 x
2014-12-31 $-0.03 $0.02 x
2015-12-31 $-0.02 $0.02 x
2016-12-31 $-0.02 $0.02 x
2017-12-31 $-0.01 $0.02 x
2018-12-31 $0.01 $0.02 x
2019-12-31 $0.01 $0.02 x
2020-12-31 $0.00 $0.02 x
2021-12-31 $0.00 $0.02 x
2022-12-31 $0.00 $0.02 x

Capital Efficiency Dashboard

This dashboard shows how efficiently AXMIN 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: -2063.16%
  • • Asset Turnover: 0.21x
  • • Equity Multiplier: 0.00x
  • Recent ROE (0.00%) is above the historical average (-25.03%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2000 -12.26% 0.00% 0.00x 1.01x $-1.48 Million
2001 -4.89% 0.00% 0.00x 1.02x $-1.31 Million
2002 -17.60% 0.00% 0.00x 1.03x $-2.56 Million
2003 -3.58% 0.00% 0.00x 1.06x $-2.69 Million
2004 -9.52% 0.00% 0.00x 1.05x $-4.04 Million
2005 -2.20% 0.00% 0.00x 1.02x $-5.26 Million
2006 -5.15% 0.00% 0.00x 1.02x $-11.84 Million
2007 -7.80% 0.00% 0.00x 1.04x $-13.53 Million
2008 -10.19% 0.00% 0.00x 1.01x $-17.08 Million
2009 -156.89% 0.00% 0.00x 1.04x $-57.92 Million
2010 -11.67% 0.00% 0.00x 1.14x $-13.52 Million
2011 24.21% 0.00% 0.00x 1.12x $5.89 Million
2012 -18.89% 0.00% 0.00x 1.09x $-10.45 Million
2013 0.00% 0.00% 0.00x 0.00x $-44.06 Million
2014 0.00% 0.00% 0.00x 0.00x $-519.56K
2015 0.00% -52.23% 0.73x 0.00x $85.31K
2016 0.00% -25.19% 1.90x 0.00x $-3.38K
2017 0.00% 77.63% 0.91x 0.00x $1.35 Million
2018 129.73% 81.86% 1.07x 1.48x $1.12 Million
2019 -107.52% -179.43% 0.36x 1.67x $-1.10 Million
2020 -361.39% 0.00% 0.00x 3.38x $-1.01 Million
2021 0.00% 0.00% 0.00x 0.00x $-514.75K
2022 0.00% -2063.16% 0.21x 0.00x $-582.76K

Industry Comparison

This section compares AXMIN Inc's net assets metrics with peer companies in the Gold industry.

Industry Context

  • Industry: Gold
  • Average net assets among peers: $1,956,755,866
  • Average return on equity (ROE) among peers: -68.70%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
AXMIN Inc (AXMIF) $-834.75K -12.26% N/A $2.29 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
Aben Resources Ltd (ABNAF) $925.43K -59.62% 0.09x $1.17 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