District Copper Corp
District Copper Corp. engages in the acquisition and exploration of mineral properties in Canada. The company explores copper and gold deposits. Its flagship property is the 100% owned Copper Keg property which consist of 23 claims covering approximately 6,628 hectares located in the northern end of the prolific Guichon Creek batholith, Canada. The company was formerly known as Carmax Mining Corp… Read more
District Copper Corp (CAXPF) - Net Assets
Latest net assets as of July 2025: $1.17 Million USD
Based on the latest financial reports, District Copper Corp (CAXPF) has net assets worth $1.17 Million USD as of July 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.21 Million) and total liabilities ($40.79K). 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 | $1.17 Million |
| % of Total Assets | 96.62% |
| Annual Growth Rate | 3.77% |
| 5-Year Change | -49.59% |
| 10-Year Change | -88.04% |
| Growth Volatility | 49.96 |
District Copper Corp - Net Assets Trend (2004–2024)
This chart illustrates how District 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 District Copper Corp (2004–2024)
The table below shows the annual net assets of District Copper Corp from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-10-31 | $1.13 Million | -39.07% |
| 2023-10-31 | $1.85 Million | -28.65% |
| 2022-10-31 | $2.59 Million | +11.56% |
| 2021-10-31 | $2.32 Million | +3.92% |
| 2020-10-31 | $2.23 Million | -16.04% |
| 2019-10-31 | $2.66 Million | -78.26% |
| 2018-10-31 | $12.24 Million | +15.86% |
| 2017-10-31 | $10.57 Million | -0.24% |
| 2016-10-31 | $10.59 Million | +12.48% |
| 2015-10-31 | $9.42 Million | +4.38% |
| 2014-10-31 | $9.02 Million | +6.51% |
| 2013-10-31 | $8.47 Million | -3.89% |
| 2012-10-31 | $8.81 Million | -7.68% |
| 2011-10-31 | $9.54 Million | +35.68% |
| 2010-10-31 | $7.03 Million | -0.74% |
| 2009-10-31 | $7.09 Million | -7.10% |
| 2008-10-31 | $7.63 Million | +72.63% |
| 2007-10-31 | $4.42 Million | +101.38% |
| 2006-10-31 | $2.19 Million | +156.89% |
| 2005-10-31 | $854.14K | +58.84% |
| 2004-10-31 | $537.72K | -- |
Equity Component Analysis
This analysis shows how different components contribute to District 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 2002951300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (October 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $21.32 Million | 1893.26% |
| Other Components | $196.38K | 17.44% |
| Total Equity | $1.13 Million | 100.00% |
District Copper Corp Competitors by Market Cap
The table below lists competitors of District Copper Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Primary Hydrogen Corp
OTCQB:HNATF
|
$1.26 Million |
|
Rockridge Resources Ltd
PINK:RRRLF
|
$1.26 Million |
|
Formosa Ingredient Factory PT Tbk
JK:BOBA
|
$1.26 Million |
|
Datametrex AI Limited
PINK:DTMXD
|
$1.26 Million |
|
Amir Marketing and Investments in Agriculture Ltd
TA:AMRK
|
$1.26 Million |
|
OCEAN SUN AS NK -01
F:OW7
|
$1.26 Million |
|
JEMTEC Inc
V:JTC
|
$1.26 Million |
|
WORLD ACCEPTANCE
BE:WOA
|
$1.26 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in District Copper Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,848,164 to 1,126,114, a change of -722,050 (-39.1%).
- Net loss of 827,000 reduced equity.
- Other comprehensive income decreased equity by 196,385.
- Other factors increased equity by 301,335.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-827.00K | -73.44% |
| Other Comprehensive Income | $-196.38K | -17.44% |
| Other Changes | $301.33K | +26.76% |
| Total Change | $- | -39.07% |
Book Value vs Market Value Analysis
This analysis compares District 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: 0.81x
- 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 0.00x to 0.81x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-10-31 | $11.99 | $0.04 | x |
| 2005-10-31 | $14.77 | $0.04 | x |
| 2006-10-31 | $17.17 | $0.04 | x |
| 2007-10-31 | $23.21 | $0.04 | x |
| 2008-10-31 | $20.72 | $0.04 | x |
| 2009-10-31 | $14.70 | $0.04 | x |
| 2010-10-31 | $14.15 | $0.04 | x |
| 2011-10-31 | $12.35 | $0.04 | x |
| 2012-10-31 | $6.40 | $0.04 | x |
| 2013-10-31 | $6.15 | $0.04 | x |
| 2014-10-31 | $9.15 | $0.04 | x |
| 2015-10-31 | $2.88 | $0.04 | x |
| 2016-10-31 | $2.21 | $0.04 | x |
| 2017-10-31 | $2.05 | $0.04 | x |
| 2018-10-31 | $1.75 | $0.04 | x |
| 2019-10-31 | $0.22 | $0.04 | x |
| 2020-10-31 | $0.16 | $0.04 | x |
| 2021-10-31 | $0.17 | $0.04 | x |
| 2022-10-31 | $0.13 | $0.04 | x |
| 2023-10-31 | $0.09 | $0.04 | x |
| 2024-10-31 | $0.05 | $0.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently District 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): -73.44%
- 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: 1.04x
- Recent ROE (-73.44%) is below the historical average (-35.94%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | -46.90% | 0.00% | 0.00x | 1.01x | $-305.99K |
| 2005 | -42.93% | 0.00% | 0.00x | 1.03x | $-452.07K |
| 2006 | -13.96% | 0.00% | 0.00x | 1.01x | $-525.73K |
| 2007 | -10.61% | 0.00% | 0.00x | 1.01x | $-910.86K |
| 2008 | -0.19% | 0.00% | 0.00x | 1.07x | $-777.23K |
| 2009 | -2.86% | 0.00% | 0.00x | 1.01x | $-911.62K |
| 2010 | -5.52% | 0.00% | 0.00x | 1.01x | $-1.09 Million |
| 2011 | -6.65% | 0.00% | 0.00x | 1.07x | $-1.59 Million |
| 2012 | -8.44% | 0.00% | 0.00x | 1.01x | $-1.63 Million |
| 2013 | -4.06% | 0.00% | 0.00x | 1.01x | $-1.19 Million |
| 2014 | -10.64% | 0.00% | 0.00x | 1.02x | $-1.86 Million |
| 2015 | -4.11% | 0.00% | 0.00x | 1.05x | $-1.33 Million |
| 2016 | -3.02% | 0.00% | 0.00x | 1.03x | $-1.38 Million |
| 2017 | -2.73% | 0.00% | 0.00x | 1.03x | $-1.34 Million |
| 2018 | -5.47% | 0.00% | 0.00x | 1.04x | $-1.89 Million |
| 2019 | -423.00% | 0.00% | 0.00x | 1.15x | $-11.52 Million |
| 2020 | -19.11% | 0.00% | 0.00x | 1.22x | $-650.40K |
| 2021 | 0.54% | 0.00% | 0.00x | 1.06x | $-219.52K |
| 2022 | -31.54% | 0.00% | 0.00x | 1.03x | $-1.08 Million |
| 2023 | -40.15% | 0.00% | 0.00x | 1.03x | $-926.82K |
| 2024 | -73.44% | 0.00% | 0.00x | 1.04x | $-939.61K |
Industry Comparison
This section compares District 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 |
|---|---|---|---|---|
| District Copper Corp (CAXPF) | $1.17 Million | -46.90% | 0.03x | $1.26 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 |