Churchill Resources Inc.
Churchill Resources Inc. operates as an exploration stage mining company in Canada. It explores for nickel, copper, cobalt, and platinum group element deposits, as well as battery metals and diamonds. The company holds 100% interests in the Taylor Brook project comprising 1,212 claims covering an area of approximately 302.5 square kilometres located in Newfoundland; the Florence Lake property com… Read more
Churchill Resources Inc. (CRICF) - Net Assets
Latest net assets as of May 2025: $1.34 Million USD
Based on the latest financial reports, Churchill Resources Inc. (CRICF) has net assets worth $1.34 Million USD as of May 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.10 Million) and total liabilities ($1.76 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 | $1.34 Million |
| % of Total Assets | 43.32% |
| Annual Growth Rate | 24.67% |
| 5-Year Change | 365.63% |
| 10-Year Change | N/A |
| Growth Volatility | 184.54 |
Churchill Resources Inc. - Net Assets Trend (2018–2024)
This chart illustrates how Churchill Resources 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 Churchill Resources Inc. (2018–2024)
The table below shows the annual net assets of Churchill Resources Inc. from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-08-31 | $2.28 Million | +6.24% |
| 2023-08-31 | $2.15 Million | -23.94% |
| 2022-08-31 | $2.82 Million | -1.77% |
| 2021-08-31 | $2.88 Million | +486.58% |
| 2020-08-31 | $490.20K | -12.14% |
| 2019-08-31 | $557.92K | -8.20% |
| 2018-08-31 | $607.74K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Churchill Resources 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 1981051000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (August 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $19.29 Million | 845.05% |
| Other Components | $2.96 Million | 129.57% |
| Total Equity | $2.28 Million | 100.00% |
Churchill Resources Inc. Competitors by Market Cap
The table below lists competitors of Churchill Resources Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MITSUI FUDOSAN LOG.PARK
F:85L
|
$6.20 Million |
|
Altenergy Acquisition Corp
NASDAQ:AEAE
|
$6.20 Million |
|
Crescita Therapeutics Inc
PINK:CRRTF
|
$6.20 Million |
|
CSP ITL FASHION GP EO-52
F:IIT
|
$6.20 Million |
|
NORTHROP GRUMMAN - Dusseldorf Stock Exchang
DU:NTH
|
$6.19 Million |
|
Alphageo (India) Limited
NSE:ALPHAGEO
|
$6.19 Million |
|
Ultimovacs ASA
OL:ULTI
|
$6.19 Million |
|
Global Power Solutions Corp.
V:PWER
|
$6.19 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Churchill Resources Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,148,431 to 2,282,521, a change of 134,090 (6.2%).
- Net loss of 5,925,038 reduced equity.
- New share issuances of 4,865,344 increased equity.
- Other comprehensive income decreased equity by 1,567,583.
- Other factors increased equity by 2,761,367.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-5.93 Million | -259.58% |
| Share Issuances | $4.87 Million | +213.16% |
| Other Comprehensive Income | $-1.57 Million | -68.68% |
| Other Changes | $2.76 Million | +120.98% |
| Total Change | $- | 6.24% |
Book Value vs Market Value Analysis
This analysis compares Churchill Resources 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: 2.17x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.03x to 2.17x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-08-31 | $1.04 | $0.04 | x |
| 2019-08-31 | $0.03 | $0.04 | x |
| 2020-08-31 | $0.03 | $0.04 | x |
| 2021-08-31 | $0.10 | $0.04 | x |
| 2022-08-31 | $0.06 | $0.04 | x |
| 2023-08-31 | $0.03 | $0.04 | x |
| 2024-08-31 | $0.02 | $0.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Churchill Resources 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): -259.58%
- 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: 1.69x
- Recent ROE (-259.58%) is below the historical average (-108.43%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -24.83% | 0.00% | 0.00x | 1.11x | $-211.70K |
| 2019 | -8.93% | 0.00% | 0.00x | 1.03x | $-105.62K |
| 2020 | -13.81% | 0.00% | 0.00x | 1.07x | $-116.74K |
| 2021 | -136.19% | 0.00% | 0.00x | 1.33x | $-4.20 Million |
| 2022 | -172.66% | 0.00% | 0.00x | 1.30x | $-5.16 Million |
| 2023 | -143.01% | 0.00% | 0.00x | 1.32x | $-3.29 Million |
| 2024 | -259.58% | 0.00% | 0.00x | 1.69x | $-6.15 Million |
Industry Comparison
This section compares Churchill Resources 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: $2,436,539,064
- Average return on equity (ROE) among peers: -72.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Churchill Resources Inc. (CRICF) | $1.34 Million | -24.83% | 1.31x | $6.19 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 |