First American Silver Corp
Century Cobalt Corp., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties. The company explores for cobalt, copper, arsenic, and gold deposits. It holds 100% interest in the Emperium Cobalt project in Idaho Cobalt Belt that covers 5,625 hectares comprising 649 claims located to the southwest of Salmon, Idaho. The company was incorporated in… Read more
First American Silver Corp (CCOB) - Net Assets
Latest net assets as of May 2023: $-1.80 Million USD
Based on the latest financial reports, First American Silver Corp (CCOB) has net assets worth $-1.80 Million USD as of May 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($6.33K) and total liabilities ($1.80 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 | $-1.80 Million |
| % of Total Assets | -28405.77% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 797.37 |
First American Silver Corp - Net Assets Trend (2008–2021)
This chart illustrates how First American Silver 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 First American Silver Corp (2008–2021)
The table below shows the annual net assets of First American Silver Corp from 2008 to 2021.
| Year | Net Assets | Change |
|---|---|---|
| 2021-11-30 | $-1.53 Million | -103.47% |
| 2020-11-30 | $-752.35K | 0.00% |
| 2019-11-30 | $-752.35K | -18.96% |
| 2018-11-30 | $-632.42K | -22.57% |
| 2017-11-30 | $-515.98K | -3.08% |
| 2016-11-30 | $-500.58K | -12.47% |
| 2015-11-30 | $-445.08K | -41.74% |
| 2014-11-30 | $-314.01K | -10.20% |
| 2013-11-30 | $-284.96K | -52.41% |
| 2012-11-30 | $-186.97K | -152.52% |
| 2011-11-30 | $356.00K | -4.88% |
| 2010-11-30 | $374.25K | +1769.77% |
| 2009-11-30 | $20.02K | -44.95% |
| 2008-11-30 | $36.36K | -- |
Equity Component Analysis
This analysis shows how different components contribute to First American Silver 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 473447900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (November 2021)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $104.36K | % |
| Other Comprehensive Income | $97.96K | % |
| Other Components | $3.01 Million | % |
| Total Equity | $-1.53 Million | 100.00% |
First American Silver Corp Competitors by Market Cap
The table below lists competitors of First American Silver Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
El Obour Real Estate Investment
EGX:OBRI
|
$6.63K |
|
Quebec Innovative Materials Corp.
F:7FJ
|
$6.65K |
|
MEXICHEM (4FZ.SG)
STU:4FZ
|
$6.65K |
|
Song Hong Construction JSC
VN:ICG
|
$6.66K |
|
DOTZ3F
SA:DOTZ3F
|
$6.63K |
|
TOS
WAR:TOS
|
$6.63K |
|
POSI3F
SA:POSI3F
|
$6.63K |
|
Gharbia Islamic Housing Development
EGX:GIHD
|
$6.62K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in First American Silver Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2020 to 2021, total equity changed from -752,345 to -1,530,827, a change of -778,482.
- Net loss of 699,942 reduced equity.
- Other comprehensive income increased equity by 113,214.
- Other factors decreased equity by 191,754.
Equity Change Factors (2020 to 2021)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-699.94K | -45.72% |
| Other Comprehensive Income | $113.21K | +7.4% |
| Other Changes | $-191.75K | -12.53% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares First American Silver 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-11-30 | $0.00 | $0.00 | x |
| 2009-11-30 | $0.00 | $0.00 | x |
| 2010-11-30 | $0.00 | $0.00 | x |
| 2011-11-30 | $0.01 | $0.00 | x |
| 2012-11-30 | $0.00 | $0.00 | x |
| 2013-11-30 | $-0.01 | $0.00 | x |
| 2014-11-30 | $-0.01 | $0.00 | x |
| 2015-11-30 | $-0.01 | $0.00 | x |
| 2016-11-30 | $-0.01 | $0.00 | x |
| 2017-11-30 | $-0.01 | $0.00 | x |
| 2018-11-30 | $-0.01 | $0.00 | x |
| 2019-11-30 | $-0.01 | $0.00 | x |
| 2020-11-30 | $-0.01 | $0.00 | x |
| 2021-11-30 | $-0.02 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently First American Silver 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): 0.00%
- 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: 0.00x
- Recent ROE (0.00%) is above the historical average (-20.17%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | -37.51% | 0.00% | 0.00x | 1.14x | $-17.28K |
| 2009 | -81.66% | 0.00% | 0.00x | 1.27x | $-18.35K |
| 2010 | -12.23% | 0.00% | 0.00x | 1.12x | $-83.19K |
| 2011 | -150.94% | 0.00% | 0.00x | 1.10x | $-572.96K |
| 2012 | 0.00% | 0.00% | 0.00x | 0.00x | $-539.77K |
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | $-166.64K |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-149.22K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-96.28K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-10.03K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.06K |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-713.20K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-672.39K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-750.40K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-546.86K |
Industry Comparison
This section compares First American Silver 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 |
|---|---|---|---|---|
| First American Silver Corp (CCOB) | $-1.80 Million | -37.51% | N/A | $6.63K |
| 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 |