Bourque Indts Inc
Bourque Industries, Inc. develops carbon nanotube metal matrix composite materials. The company uses a metal alloying process called Kryron for the uniform dispersion of carbon nanotubes in metal. Its products are used in various industries, including ballistic armor, electrical, aviation, automotive, mining, medical devices, agriculture and heavy equipment, consumer electronics, and others. The … Read more
Bourque Indts Inc (BORK) - Net Assets
Latest net assets as of November 2022: $2.33 Million USD
Based on the latest financial reports, Bourque Indts Inc (BORK) has net assets worth $2.33 Million USD as of November 2022.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($4.08 Million) and total liabilities ($1.75 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 | $2.33 Million |
| % of Total Assets | 57.13% |
| Annual Growth Rate | 9.33% |
| 5-Year Change | -16.53% |
| 10-Year Change | N/A |
| Growth Volatility | 84.62 |
Bourque Indts Inc - Net Assets Trend (2010–2022)
This chart illustrates how Bourque Indts 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 Bourque Indts Inc (2010–2022)
The table below shows the annual net assets of Bourque Indts Inc from 2010 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-05-31 | $2.62 Million | -19.70% |
| 2021-05-31 | $3.27 Million | +35.41% |
| 2020-05-31 | $2.41 Million | -15.93% |
| 2016-05-31 | $2.87 Million | -8.69% |
| 2015-05-31 | $3.14 Million | +241.75% |
| 2014-05-31 | $919.78K | -14.45% |
| 2013-05-31 | $1.08 Million | -27.06% |
| 2011-05-31 | $1.47 Million | +63.79% |
| 2010-05-31 | $899.89K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Bourque Indts 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 3666471500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (May 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.63 Million | 61.98% |
| Other Comprehensive Income | $45.05 Million | 1717.09% |
| Total Equity | $2.62 Million | 100.00% |
Bourque Indts Inc Competitors by Market Cap
The table below lists competitors of Bourque Indts Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Associates First Capital Corp
PINK:ASFZ
|
$0.91 |
|
Meltronix Inc
PINK:MTNX
|
$0.91 |
|
GeckoSystems International Corp
PINK:GOSY
|
$0.91 |
|
Ember Therapeutics Inc
PINK:EMBT
|
$0.91 |
|
Gooi Global Inc
PINK:GOOI
|
$0.91 |
|
EnviroTechnologies International Inc
PINK:ETII
|
$0.91 |
|
Flameret Inc
PINK:FLRE
|
$0.91 |
|
EGPI Firecreek Inc
PINK:EFIR
|
$0.91 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bourque Indts Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 3,267,273 to 2,623,588, a change of -643,685 (-19.7%).
- Net loss of 157,000 reduced equity.
- Other comprehensive income increased equity by 14,129.
- Other factors decreased equity by 500,814.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-157.00K | -5.98% |
| Other Comprehensive Income | $14.13K | +0.54% |
| Other Changes | $-500.81K | -19.09% |
| Total Change | $- | -19.70% |
Book Value vs Market Value Analysis
This analysis compares Bourque Indts 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
- Current price-to-book ratio: 0.04x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-05-31 | $0.00 | $0.00 | x |
| 2011-05-31 | $0.00 | $0.00 | x |
| 2013-05-31 | $0.00 | $0.00 | x |
| 2014-05-31 | $0.00 | $0.00 | x |
| 2015-05-31 | $0.00 | $0.00 | x |
| 2016-05-31 | $0.00 | $0.00 | x |
| 2020-05-31 | $0.00 | $0.00 | x |
| 2021-05-31 | $0.00 | $0.00 | x |
| 2022-05-31 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bourque Indts 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): -5.98%
- 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: 1.65x
- Recent ROE (-5.98%) is above the historical average (-295.66%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | -85.26% | 0.00% | 0.00x | 1.59x | $-857.20K |
| 2011 | -2039.83% | 0.00% | 0.00x | 1.36x | $-30.21 Million |
| 2013 | -454.46% | -12231.51% | 0.01x | 3.37x | $-4.99 Million |
| 2014 | -71.21% | 0.00% | 0.00x | 3.63x | $-746.98K |
| 2015 | 27.60% | 0.00% | 0.00x | 1.39x | $553.27K |
| 2016 | -19.58% | -30460.70% | 0.00x | 1.46x | $-849.01K |
| 2020 | -7.38% | 0.00% | 0.00x | 1.62x | $-419.29K |
| 2021 | -4.87% | 0.00% | 0.00x | 1.47x | $-485.73K |
| 2022 | -5.98% | 0.00% | 0.00x | 1.65x | $-419.36K |
Industry Comparison
This section compares Bourque Indts Inc'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: $2,860,622,178
- Average return on equity (ROE) among peers: -17.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bourque Indts Inc (BORK) | $2.33 Million | -85.26% | 0.75x | $0.91 |
| Asia Broadband Inc (AABB) | $-613.21K | 0.00% | 0.00x | $228.68 |
| Altair Resources Inc (AAEEF) | $-1.37 Million | 0.00% | 0.00x | $165.38K |
| Aftermath Silver Ltd (AAGFF) | $18.53 Million | -47.33% | 0.52x | $99.81 Million |
| Anglo American plc (AAUKF) | $28.53 Billion | -10.75% | 1.27x | $26.36 Billion |
| Abacus Mining & Exploration Corporation (ABCFF) | $-12.92 Million | 0.00% | 0.00x | $1.95 Million |
| Vision Lithium Inc (ABEPF) | $526.04K | -142.32% | 1.21x | $3.75 Million |
| Arbor Metals Corp (ABRMF) | $584.31K | -19.85% | 0.08x | $3.05 Million |
| ACG Metals Limited (ACGAF) | $58.31 Million | -22.45% | 2.63x | $121.32 Million |
| ACME Lithium Inc (ACLHF) | $-375.11K | 0.00% | 0.00x | $561.74K |
| ACMNF (ACMNF) | $10.55 Million | 67.11% | 0.22x | $14.34 Million |