AgriMinco Corp
AgriMinco Corp. engages in the acquisition, exploration, and development of agricultural and industrial mineral projects, and renewable energy solutions in Africa. It explores for phosphates, attapulgite clay, rare earth elements, potassium, and other prescribed minerals. The company's projects include the Bassar phosphate exploration project comprising three exploration permits located in the Ka… Read more
AgriMinco Corp (ETPHF) - Net Assets
Latest net assets as of September 2015: $215.72K USD
Based on the latest financial reports, AgriMinco Corp (ETPHF) has net assets worth $215.72K USD as of September 2015.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($465.30K) and total liabilities ($249.59K). 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 | $215.72K |
| % of Total Assets | 46.36% |
| Annual Growth Rate | 11.75% |
| 5-Year Change | -99.46% |
| 10-Year Change | N/A |
| Growth Volatility | 5469.4 |
AgriMinco Corp - Net Assets Trend (2006–2015)
This chart illustrates how AgriMinco 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 AgriMinco Corp (2006–2015)
The table below shows the annual net assets of AgriMinco Corp from 2006 to 2015.
| Year | Net Assets | Change |
|---|---|---|
| 2015-09-30 | $215.72K | -57.44% |
| 2014-09-30 | $506.86K | -27.07% |
| 2013-09-30 | $695.02K | +118.52% |
| 2012-09-30 | $-3.75 Million | -109.43% |
| 2011-09-30 | $39.81 Million | +16564.26% |
| 2010-09-30 | $238.88K | -46.91% |
| 2009-09-30 | $449.92K | -54.13% |
| 2008-09-30 | $980.96K | +187.15% |
| 2007-09-30 | $341.62K | +330.53% |
| 2006-09-30 | $79.35K | -- |
Equity Component Analysis
This analysis shows how different components contribute to AgriMinco 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 5365880400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2015)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $49.12 Million | 22772.07% |
| Other Comprehensive Income | $19.98K | 9.26% |
| Other Components | $4.94 Million | 2292.32% |
| Total Equity | $215.72K | 100.00% |
AgriMinco Corp Competitors by Market Cap
The table below lists competitors of AgriMinco Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
City Bank
PINK:CTBK
|
$0.99 |
|
Pathfinder Cell Therapy Inc
PINK:PFND
|
$0.99 |
|
Spyglass Resources Corp
PINK:SGLRF
|
$0.99 |
|
Odyne Corporation
PINK:ODYC
|
$0.99 |
|
Zane Interactive Publishing Inc
PINK:ZNAE
|
$0.99 |
|
M Line Hldgs Inc
PINK:MLHC
|
$0.99 |
|
Technology General Corporation
PINK:TCGN
|
$0.99 |
|
Liquid Holdings Group Inc
PINK:LIQDQ
|
$0.99 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in AgriMinco Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2014 to 2015, total equity changed from 506,859 to 215,715, a change of -291,144 (-57.4%).
- Net income of 23,752 contributed positively to equity growth.
- Other comprehensive income decreased equity by 314,896.
Equity Change Factors (2014 to 2015)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $23.75K | +11.01% |
| Other Comprehensive Income | $-314.90K | -145.98% |
| Total Change | $- | -57.44% |
Book Value vs Market Value Analysis
This analysis compares AgriMinco 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: 0.05x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-09-30 | $0.23 | $0.00 | x |
| 2007-09-30 | $0.05 | $0.00 | x |
| 2008-09-30 | $0.08 | $0.00 | x |
| 2009-09-30 | $0.03 | $0.00 | x |
| 2010-09-30 | $0.02 | $0.00 | x |
| 2011-09-30 | $0.60 | $0.00 | x |
| 2012-09-30 | $-0.03 | $0.00 | x |
| 2013-09-30 | $0.00 | $0.00 | x |
| 2014-09-30 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently AgriMinco 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): 11.01%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 2.16x
- Recent ROE (11.01%) is above the historical average (-42.83%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | -268.43% | 0.00% | 0.00x | 1.05x | $-220.94K |
| 2007 | -1.37% | 0.00% | 0.00x | 1.16x | $-38.83K |
| 2008 | -23.24% | 0.00% | 0.00x | 1.01x | $-326.10K |
| 2009 | -110.46% | 0.00% | 0.00x | 1.09x | $-541.99K |
| 2010 | -88.33% | 0.00% | 0.00x | 1.30x | $-234.89K |
| 2011 | -6.41% | 0.00% | 0.00x | 1.01x | $-6.53 Million |
| 2012 | 0.00% | 0.00% | 0.00x | 0.00x | $-46.09 Million |
| 2013 | 162.30% | 0.00% | 0.00x | 5.11x | $1.06 Million |
| 2014 | -103.38% | 0.00% | 0.00x | 2.75x | $-574.69K |
| 2015 | 11.01% | 0.00% | 0.00x | 2.16x | $2.18K |
Industry Comparison
This section compares AgriMinco 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 |
|---|---|---|---|---|
| AgriMinco Corp (ETPHF) | $215.72K | -268.43% | 1.16x | $0.99 |
| 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 |