Cartier Iron Corp
Cartier Silver Corporation, an exploration stage company, engages in the acquisition, exploration, and development of mineral resource properties in Canada. It explores for iron ore, silver, and gold deposits. The company owns a 55% interest in the Round Lake and Jeannine properties consisting of 111 claims covering an area of approximately 58.75 square kilometers located in the Fermont iron ore … Read more
Cartier Iron Corp (CRTIF) - Net Assets
Latest net assets as of September 2025: $3.97 Million USD
Based on the latest financial reports, Cartier Iron Corp (CRTIF) has net assets worth $3.97 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($4.92 Million) and total liabilities ($949.99K). 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 | $3.97 Million |
| % of Total Assets | 80.69% |
| Annual Growth Rate | -5.03% |
| 5-Year Change | -9.63% |
| 10-Year Change | N/A |
| Growth Volatility | 217.38 |
Cartier Iron Corp - Net Assets Trend (2014–2024)
This chart illustrates how Cartier Iron 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 Cartier Iron Corp (2014–2024)
The table below shows the annual net assets of Cartier Iron Corp from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.99 Million | -57.24% |
| 2023-12-31 | $4.66 Million | -56.47% |
| 2022-12-31 | $10.71 Million | -24.23% |
| 2021-12-31 | $14.13 Million | +540.76% |
| 2020-12-31 | $2.21 Million | +209.09% |
| 2019-12-31 | $713.67K | -4.54% |
| 2018-12-31 | $747.61K | +1399.52% |
| 2017-12-31 | $-57.53K | +83.26% |
| 2016-12-31 | $-343.74K | +72.91% |
| 2015-12-31 | $-1.27 Million | -138.00% |
| 2014-12-31 | $3.34 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Cartier Iron 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 2018122100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $26.02 Million | 1305.16% |
| Total Equity | $1.99 Million | 100.00% |
Cartier Iron Corp Competitors by Market Cap
The table below lists competitors of Cartier Iron Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Baid Finserv Limited
NSE:BAIDFIN
|
$4.85 Million |
|
Prismo Metals Inc.
OTCQB:PMOMF
|
$4.85 Million |
|
Teera-Mongkol Industry Public Company Limited
BK:TMI
|
$4.85 Million |
|
Taitron Components Incorporated
NASDAQ:TAIT
|
$4.85 Million |
|
Edaran Bhd
KLSE:5036
|
$4.85 Million |
|
Rain Enhancement Technologies Holdco, Inc. Class A Common Stock
NASDAQ:RAIN
|
$4.85 Million |
|
Globe Metals & Mining Ltd
AU:GBE
|
$4.84 Million |
|
Silver Bull Resources Inc
OTCQB:SVBL
|
$4.84 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cartier Iron Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,662,128 to 1,993,574, a change of -2,668,554 (-57.2%).
- Net loss of 4,429,209 reduced equity.
- New share issuances of 1,354,000 increased equity.
- Other factors increased equity by 406,655.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-4.43 Million | -222.17% |
| Share Issuances | $1.35 Million | +67.92% |
| Other Changes | $406.65K | +20.4% |
| Total Change | $- | -57.24% |
Book Value vs Market Value Analysis
This analysis compares Cartier Iron 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: 2.00x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | $0.00 | $0.09 | x |
| 2018-12-31 | $0.01 | $0.09 | x |
| 2019-12-31 | $0.01 | $0.09 | x |
| 2020-12-31 | $0.02 | $0.09 | x |
| 2021-12-31 | $0.10 | $0.09 | x |
| 2022-12-31 | $0.28 | $0.09 | x |
| 2023-12-31 | $0.12 | $0.09 | x |
| 2024-12-31 | $0.04 | $0.09 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cartier Iron 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): -222.17%
- 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: 1.22x
- Recent ROE (-222.17%) is below the historical average (-51.97%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -7.49% | 0.00% | 0.00x | 1.46x | $-584.03K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-4.71 Million |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $838.66K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-809.05K |
| 2018 | -86.31% | 0.00% | 0.00x | 1.97x | $-720.00K |
| 2019 | -87.79% | 0.00% | 0.00x | 2.28x | $-697.88K |
| 2020 | -19.98% | 0.00% | 0.00x | 1.33x | $-661.28K |
| 2021 | 48.69% | 0.00% | 0.00x | 1.14x | $5.47 Million |
| 2022 | -43.79% | 0.00% | 0.00x | 1.14x | $-5.76 Million |
| 2023 | -152.82% | 0.00% | 0.00x | 1.18x | $-7.59 Million |
| 2024 | -222.17% | 0.00% | 0.00x | 1.22x | $-4.63 Million |
Industry Comparison
This section compares Cartier Iron Corp's net assets metrics with peer companies in the Other Precious Metals & Mining industry.
Industry Context
- Industry: Other Precious Metals & Mining
- Average net assets among peers: $9,705,177,506
- Average return on equity (ROE) among peers: -74.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Cartier Iron Corp (CRTIF) | $3.97 Million | -7.49% | 0.24x | $4.85 Million |
| AbraSilver Resource Corp (ABBRF) | $3.05 Million | -108.70% | 0.31x | $280.10 Million |
| American Copper Development Corporation (ACDXF) | $-331.64K | 0.00% | 0.00x | $1.96 Million |
| American Creek Resources Ltd (ACKRF) | $2.36 Million | -67.11% | 0.29x | $23.79 Million |
| American Clean Resources Group Inc. (ACRG) | $23.29 Million | -69.73% | 0.66x | $9.52 Million |
| Adyton Resources Corporation (ADYRF) | $14.98 Million | 5.60% | 0.05x | $26.44 Million |
| Austral Gold Limited (AGLDF) | $542.56K | -504.60% | 1.47x | $4.83 Million |
| Anglo American Platinum Limited (AGPPF) | $96.96 Billion | 50.69% | 0.82x | $8.40 Billion |
| Athena Gold Corp (AHNR) | $4.96 Million | -13.77% | 0.26x | $779.22K |
| Alaska Energy Metals Corporation (AKEMF) | $26.15 Million | -33.81% | 0.05x | $14.55 Million |
| ALXPF (ALXPF) | $14.77 Million | -5.14% | 0.08x | $24.72 Million |