ATEX Resources Inc
ATEX Resources Inc., together with its subsidiaries, engages in the exploration and evaluation of mineral properties in South America. Its flagship property is the Valeriano copper gold project covering approximately 3,705 hectares located in the north-central Chile. The company was formerly known as Colombia Crest Gold Corp. and changed its name to ATEX Resources Inc. in February 2019. ATEX Reso… Read more
ATEX Resources Inc (ECRTF) - Net Assets
Latest net assets as of June 2025: $25.28 Million USD
Based on the latest financial reports, ATEX Resources Inc (ECRTF) has net assets worth $25.28 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($32.58 Million) and total liabilities ($7.30 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 | $25.28 Million |
| % of Total Assets | 77.6% |
| Annual Growth Rate | N/A |
| 5-Year Change | -1017.66% |
| 10-Year Change | N/A |
| Growth Volatility | 182.32 |
ATEX Resources Inc - Net Assets Trend (1997–2024)
This chart illustrates how ATEX 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 ATEX Resources Inc (1997–2024)
The table below shows the annual net assets of ATEX Resources Inc from 1997 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-09-30 | $-11.50 Million | -280.95% |
| 2023-09-30 | $6.35 Million | -77.00% |
| 2022-09-30 | $27.63 Million | +623.65% |
| 2021-09-30 | $3.82 Million | +204.67% |
| 2020-09-30 | $1.25 Million | -1.05% |
| 2019-09-30 | $1.27 Million | +519.74% |
| 2018-09-30 | $204.32K | -32.28% |
| 2017-09-30 | $301.72K | +208.51% |
| 2016-09-30 | $-278.05K | +42.42% |
| 2015-09-30 | $-482.87K | -185.92% |
| 2014-09-30 | $-168.88K | -139.74% |
| 2013-09-30 | $424.97K | -96.28% |
| 2012-09-30 | $11.43 Million | -58.02% |
| 2011-09-30 | $27.24 Million | -40.49% |
| 2010-09-30 | $45.77 Million | +1.45% |
| 2009-09-30 | $45.12 Million | +5.59% |
| 2008-09-30 | $42.73 Million | +12.47% |
| 2007-09-30 | $37.99 Million | +9.35% |
| 2006-09-30 | $34.74 Million | +28.57% |
| 2005-09-30 | $27.02 Million | +19.88% |
| 2004-09-30 | $22.54 Million | +43.04% |
| 2003-09-30 | $15.76 Million | +30.71% |
| 2002-09-30 | $12.06 Million | +5.83% |
| 2001-09-30 | $11.39 Million | +9.99% |
| 2000-09-30 | $10.36 Million | +55.89% |
| 1999-09-30 | $6.64 Million | +72.20% |
| 1998-09-30 | $3.86 Million | +8.02% |
| 1997-09-30 | $3.57 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to ATEX 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 14217898900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $131.26 Million | % |
| Other Components | $10.75 Million | % |
| Total Equity | $-11.50 Million | 100.00% |
ATEX Resources Inc Competitors by Market Cap
The table below lists competitors of ATEX Resources Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Verano Holdings Corp Ordinary Shares - Class A (Sub Voting)
NEO:VRNO
|
$303.72 Million |
|
MCLON JEWELLERY Co.Ltd.
SHE:300945
|
$303.73 Million |
|
Liuzhou Iron & Steel Co Ltd
SHG:601003
|
$303.74 Million |
|
FREY EO 250
F:943
|
$303.76 Million |
|
PT Bank Sinarmas Tbk
F:08S
|
$303.68 Million |
|
Shanghai Yongmaotai Automotive Technology Co. Ltd.
SHG:605208
|
$303.63 Million |
|
ERMENEGILDO ZEG.DL -0001
F:JN0
|
$303.56 Million |
|
Sysgration Ltd
TWO:5309
|
$303.56 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ATEX Resources Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,354,323 to -11,498,105, a change of -17,852,428 (-280.9%).
- Net loss of 29,464,507 reduced equity.
- New share issuances of 500,000 increased equity.
- Other comprehensive income decreased equity by 9,072,501.
- Other factors increased equity by 20,184,580.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-29.46 Million | -256.26% |
| Share Issuances | $500.00K | +4.35% |
| Other Comprehensive Income | $-9.07 Million | -78.9% |
| Other Changes | $20.18 Million | +175.55% |
| Total Change | $- | -280.95% |
Book Value vs Market Value Analysis
This analysis compares ATEX 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-09-30 | $88.23 | $1.35 | x |
| 1998-09-30 | $78.91 | $1.35 | x |
| 1999-09-30 | $86.03 | $1.35 | x |
| 2000-09-30 | $72.90 | $1.35 | x |
| 2001-09-30 | $66.44 | $1.35 | x |
| 2002-09-30 | $68.21 | $1.35 | x |
| 2003-09-30 | $72.73 | $1.35 | x |
| 2004-09-30 | $64.59 | $1.35 | x |
| 2005-09-30 | $48.84 | $1.35 | x |
| 2006-09-30 | $46.93 | $1.35 | x |
| 2007-09-30 | $40.26 | $1.35 | x |
| 2008-09-30 | $37.95 | $1.35 | x |
| 2009-09-30 | $35.41 | $1.35 | x |
| 2010-09-30 | $29.33 | $1.35 | x |
| 2011-09-30 | $12.22 | $1.35 | x |
| 2012-09-30 | $4.05 | $1.35 | x |
| 2013-09-30 | $0.15 | $1.35 | x |
| 2014-09-30 | $-0.05 | $1.35 | x |
| 2015-09-30 | $-0.15 | $1.35 | x |
| 2016-09-30 | $-0.09 | $1.35 | x |
| 2017-09-30 | $0.09 | $1.35 | x |
| 2018-09-30 | $0.06 | $1.35 | x |
| 2019-09-30 | $0.17 | $1.35 | x |
| 2020-09-30 | $0.07 | $1.35 | x |
| 2021-09-30 | $0.11 | $1.35 | x |
| 2022-09-30 | $0.29 | $1.35 | x |
| 2023-09-30 | $0.04 | $1.35 | x |
| 2024-09-30 | $-0.06 | $1.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ATEX 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): 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 (-104.11%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | -50.53% | -180510900.00% | 0.00x | 2.16x | $-2.16 Million |
| 1998 | -24.51% | -94572700.00% | 0.00x | 1.48x | $-1.33 Million |
| 1999 | -8.79% | -58371900.00% | 0.00x | 1.07x | $-1.25 Million |
| 2000 | -6.93% | -71804000.00% | 0.00x | 1.03x | $-1.75 Million |
| 2001 | -6.23% | -70991700.00% | 0.00x | 1.18x | $-1.85 Million |
| 2002 | -2.21% | 0.00% | 0.00x | 1.23x | $-1.47 Million |
| 2003 | -1.87% | 0.00% | 0.00x | 1.02x | $-1.87 Million |
| 2004 | -9.07% | 0.00% | 0.00x | 1.03x | $-4.30 Million |
| 2005 | -5.31% | 0.00% | 0.00x | 1.02x | $-4.14 Million |
| 2006 | -4.58% | 0.00% | 0.00x | 1.02x | $-5.07 Million |
| 2007 | -6.65% | 0.00% | 0.00x | 1.07x | $-6.33 Million |
| 2008 | -5.34% | 0.00% | 0.00x | 1.03x | $-6.56 Million |
| 2009 | -3.56% | 0.00% | 0.00x | 1.01x | $-6.12 Million |
| 2010 | -9.01% | 0.00% | 0.00x | 1.38x | $-8.70 Million |
| 2011 | -94.06% | 0.00% | 0.00x | 1.08x | $-28.34 Million |
| 2012 | -61.61% | 0.00% | 0.00x | 1.04x | $-8.19 Million |
| 2013 | -2065.76% | 0.00% | 0.00x | 2.18x | $-8.82 Million |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-576.96K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-265.70K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $232.62K |
| 2017 | 192.16% | 0.00% | 0.00x | 1.35x | $549.60K |
| 2018 | -47.67% | 0.00% | 0.00x | 1.08x | $-117.83K |
| 2019 | -55.71% | 0.00% | 0.00x | 1.05x | $-832.03K |
| 2020 | -149.27% | 0.00% | 0.00x | 1.13x | $-2.00 Million |
| 2021 | -24.73% | 0.00% | 0.00x | 1.02x | $-1.33 Million |
| 2022 | -8.30% | 0.00% | 0.00x | 1.01x | $-5.06 Million |
| 2023 | -455.46% | 0.00% | 0.00x | 2.73x | $-29.58 Million |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | $-28.31 Million |
Industry Comparison
This section compares ATEX Resources Inc's net assets metrics with peer companies in the same industry.
Industry Context
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ATEX Resources Inc (ECRTF) | $25.28 Million | -50.53% | 0.29x | $303.71 Million |
| Abcam plc (ABCZF) | $726.90 Million | -1.17% | 0.45x | $5.00 Billion |
| Able View Global Inc. Warrant (ABLVW) | $11.42 Million | 85.41% | 3.81x | $277.93K |
| Above Food Ingredients Inc. Warrants (ABVEW) | $199.86 Million | -2.89% | 0.00x | $6.25 Million |
| Adamas Trust, Inc. (ADAMG) | $2.43 Billion | 7.94% | 1.33x | $2.09 Billion |
| ADS-TEC ENERGY PLC Warrant (ADSEW) | $33.92 Million | -162.39% | 2.67x | $10.06 Million |
| Alliance Entertainment Holding Corporation Warrants (AENTW) | $52.92 Million | 10.13% | 4.23x | $2.29 Million |
| Forafric Global PLC Warrants (AFRIW) | $5.32 Million | -457.58% | 45.29x | $2.67 Million |
| Centurion Acquisition Corp. Warrant (ALFUW) | $282.84 Million | 1.97% | 0.05x | $4.81 Million |
| Alliance Trust PLC (ALITF) | $4.04 Billion | 10.04% | 0.29x | $112.87K |
| Alvotech Warrant (ALVOW) | $-564.42 Million | 0.00% | 0.00x | $35.01 Million |