Cerro Grande Mining Corp
Cerro Grande Mining Corporation engages in the acquisition, exploration, evaluation, and development of mineral properties in Chile. It primarily explores for gold, silver, and copper deposits. The company holds interests in Tordillo project, which covers an area of 6,632 hectares located to the southwest of Pimenton; Pimenton project; and limestone deposits, including Catedral and Cal Norte. The… Read more
Cerro Grande Mining Corp (CEGMF) - Net Assets
Latest net assets as of June 2024: $-5.82 Million USD
Based on the latest financial reports, Cerro Grande Mining Corp (CEGMF) has net assets worth $-5.82 Million USD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.24 Million) and total liabilities ($7.06 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 | $-5.82 Million |
| % of Total Assets | -467.77% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | -163.39% |
| Growth Volatility | 47.95 |
Cerro Grande Mining Corp - Net Assets Trend (2006–2023)
This chart illustrates how Cerro Grande Mining 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 Cerro Grande Mining Corp (2006–2023)
The table below shows the annual net assets of Cerro Grande Mining Corp from 2006 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-09-30 | $-5.62 Million | -8.17% |
| 2022-09-30 | $-5.19 Million | +6.79% |
| 2021-09-30 | $-5.57 Million | +1.73% |
| 2020-09-30 | $-5.67 Million | -43.91% |
| 2019-09-30 | $-3.94 Million | +15.20% |
| 2018-09-30 | $-4.64 Million | -27.41% |
| 2017-09-30 | $-3.65 Million | +21.21% |
| 2016-09-30 | $-4.63 Million | -292.70% |
| 2015-09-30 | $-1.18 Million | -113.30% |
| 2014-09-30 | $8.86 Million | -34.20% |
| 2013-09-30 | $13.46 Million | -22.34% |
| 2012-09-30 | $17.33 Million | -16.61% |
| 2011-09-30 | $20.79 Million | +60.75% |
| 2010-09-30 | $12.93 Million | -7.26% |
| 2009-09-30 | $13.94 Million | -32.44% |
| 2008-09-30 | $20.64 Million | +48.52% |
| 2007-09-30 | $13.90 Million | +8.34% |
| 2006-09-30 | $12.83 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Cerro Grande Mining 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 10569900000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $91.51 Million | % |
| Other Comprehensive Income | $99.60 Million | % |
| Total Equity | $-5.62 Million | 100.00% |
Cerro Grande Mining Corp Competitors by Market Cap
The table below lists competitors of Cerro Grande Mining Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ESSO (EH8.SG)
STU:EH8
|
$504.78K |
|
Arrayan Acciones Chilenas FIP
SN:CFIARRAA-E
|
$505.77K |
|
BA-P-A
PINK:BA-P-A
|
$505.89K |
|
LEUCADIA NATIONAL
BE:LN3
|
$506.08K |
|
HIGHTECH PAYMENT SYSTEMS
BC:HPS
|
$504.29K |
|
TELEPERFORMANCE (RCF.SG)
STU:RCF
|
$504.14K |
|
ARCADIA MINERALS CDI/1:1
F:8OH
|
$504.10K |
|
Forge Innovation Development Corp
OTCQB:FGNV
|
$503.89K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cerro Grande Mining Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -5,190,821 to -5,615,000, a change of -424,179.
- Net loss of 387,000 reduced equity.
- Other comprehensive income increased equity by 232,062.
- Other factors decreased equity by 269,241.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-387.00K | -6.89% |
| Other Comprehensive Income | $232.06K | +4.13% |
| Other Changes | $-269.24K | -4.8% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Cerro Grande Mining 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 |
|---|---|---|---|
| 2006-09-30 | $0.37 | $0.00 | x |
| 2007-09-30 | $0.27 | $0.00 | x |
| 2008-09-30 | $0.00 | $0.00 | x |
| 2009-09-30 | $0.18 | $0.00 | x |
| 2010-09-30 | $0.16 | $0.00 | x |
| 2011-09-30 | $0.23 | $0.00 | x |
| 2012-09-30 | $0.18 | $0.00 | x |
| 2013-09-30 | $0.14 | $0.00 | x |
| 2014-09-30 | $0.08 | $0.00 | x |
| 2015-09-30 | $-0.01 | $0.00 | x |
| 2016-09-30 | $-0.02 | $0.00 | x |
| 2017-09-30 | $-0.01 | $0.00 | x |
| 2018-09-30 | $-0.02 | $0.00 | x |
| 2019-09-30 | $-0.01 | $0.00 | x |
| 2020-09-30 | $-0.02 | $0.00 | x |
| 2021-09-30 | $-0.01 | $0.00 | x |
| 2022-09-30 | $-0.01 | $0.00 | x |
| 2023-09-30 | $-0.01 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cerro Grande Mining 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 (-11.55%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | -27.10% | -12396.56% | 0.00x | 1.63x | $-4.71 Million |
| 2007 | -30.54% | 0.00% | 0.00x | 1.53x | $-5.58 Million |
| 2008 | 0.00% | 0.00% | 0.00x | 0.00x | $-8.14 Million |
| 2009 | 0.75% | 1.01% | 0.47x | 1.58x | $-1.29 Million |
| 2010 | -40.59% | -47.89% | 0.50x | 1.69x | $-6.54 Million |
| 2011 | 15.33% | 13.12% | 0.91x | 1.28x | $1.11 Million |
| 2012 | -21.41% | -13.53% | 1.02x | 1.55x | $-5.45 Million |
| 2013 | -46.20% | -33.12% | 0.79x | 1.76x | $-7.57 Million |
| 2014 | -58.11% | -36.60% | 0.69x | 2.30x | $-6.03 Million |
| 2015 | 0.00% | -143.47% | 0.83x | 0.00x | $-12.79 Million |
| 2016 | 0.00% | -116.85% | 0.63x | 0.00x | $-6.47 Million |
| 2017 | 0.00% | -11.28% | 4.21x | 0.00x | $-10.50K |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-693.60K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-425.20K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.18 Million |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-294.12K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $395.08K |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $174.50K |
Industry Comparison
This section compares Cerro Grande Mining 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 |
|---|---|---|---|---|
| Cerro Grande Mining Corp (CEGMF) | $-5.82 Million | -27.10% | N/A | $504.36K |
| 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 |