Fabled Copper Corp
Fabled Copper Corp., an exploration stage company, engages in the acquisition, exploration, and evaluation of mining properties in British Columbia, Canada. It holds an interest in the Muskwa project that comprises Neil/Ram Creek property, Toro property, and an additional 3,842 hectares, including 2 claims; the Bronson property located in northern British Columbia; OHM property consisting of 51 c… Read more
Fabled Copper Corp (FBCPF) - Net Assets
Latest net assets as of September 2023: $2.60 Million USD
Based on the latest financial reports, Fabled Copper Corp (FBCPF) has net assets worth $2.60 Million USD as of September 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.37 Million) and total liabilities ($762.02K). 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 | $2.60 Million |
| % of Total Assets | 77.36% |
| Annual Growth Rate | 199.76% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 26.14 |
Fabled Copper Corp - Net Assets Trend (2019–2022)
This chart illustrates how Fabled Copper 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 Fabled Copper Corp (2019–2022)
The table below shows the annual net assets of Fabled Copper Corp from 2019 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | $2.65 Million | -50.84% |
| 2021-12-31 | $5.40 Million | +175601.27% |
| 2020-12-31 | $-3.08K | -103.12% |
| 2019-12-31 | $98.43K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Fabled Copper 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 329268900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $7.50 Million | 282.77% |
| Other Comprehensive Income | $167.42K | 6.31% |
| Other Components | $8.45 Million | 318.65% |
| Total Equity | $2.65 Million | 100.00% |
Fabled Copper Corp Competitors by Market Cap
The table below lists competitors of Fabled Copper Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ARKEMA (V1S.SG)
STU:V1S
|
$540.08K |
|
Octopus Apollo VCT PLC
LSE:OAP3
|
$540.14K |
|
Sixt SE vz. (Pref Shares)
STU:SIX3
|
$540.58K |
|
VONEX Ltd
AU:VN8
|
$540.68K |
|
ARROWHEAD RESEARCH
BE:HDP1
|
$539.59K |
|
LAS VEGAS SANDS
BE:LCR
|
$539.29K |
|
Sorrento Therape
OTCQB:SRNE
|
$539.11K |
|
Kopp Glass Inc
PINK:KOGL
|
$539.05K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fabled Copper Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 5,396,664 to 2,653,158, a change of -2,743,506 (-50.8%).
- Net loss of 2,743,506 reduced equity.
- New share issuances of 267,436 increased equity.
- Other factors decreased equity by 267,436.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.74 Million | -103.41% |
| Share Issuances | $267.44K | +10.08% |
| Other Changes | $-267.44K | -10.08% |
| Total Change | $- | -50.84% |
Book Value vs Market Value Analysis
This analysis compares Fabled Copper 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: 0.16x
- 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.
- The price-to-book ratio has decreased from 4.44x to 0.16x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $0.01 | $0.03 | x |
| 2020-12-31 | $0.00 | $0.03 | x |
| 2021-12-31 | $0.31 | $0.03 | x |
| 2022-12-31 | $0.15 | $0.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fabled Copper 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): -103.41%
- 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: 1.28x
- Recent ROE (-103.41%) is above the historical average (-2111.45%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -8339.93% | 0.00% | 0.00x | 1.24x | $-8.22 Million |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-414.98K |
| 2021 | -2.48% | 0.00% | 0.00x | 1.22x | $-673.56K |
| 2022 | -103.41% | 0.00% | 0.00x | 1.28x | $-3.01 Million |
Industry Comparison
This section compares Fabled Copper 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 |
|---|---|---|---|---|
| Fabled Copper Corp (FBCPF) | $2.60 Million | -8339.93% | 0.29x | $539.96K |
| 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 |