Firestone Ventures Inc
Firestone Ventures Inc., a junior exploration mineral company, engages in the identification, evaluation, acquisition, and exploration for mineral properties. It explores for precious and base metal deposits. The company was formerly known as Gold Torch Resources Ltd. and changed its name to Firestone Ventures Inc. in December 1999. Firestone Ventures Inc. was incorporated in 1987 and is based in… Read more
Firestone Ventures Inc (FSVEF) - Net Assets
Latest net assets as of September 2025: $-508.34K USD
Based on the latest financial reports, Firestone Ventures Inc (FSVEF) has net assets worth $-508.34K USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($260.62K) and total liabilities ($768.96K). 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 | $-508.34K |
| % of Total Assets | -195.05% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | -201.57% |
| Growth Volatility | 141.22 |
Firestone Ventures Inc - Net Assets Trend (1997–2025)
This chart illustrates how Firestone Ventures 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 Firestone Ventures Inc (1997–2025)
The table below shows the annual net assets of Firestone Ventures Inc from 1997 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | $-295.50K | -27.22% |
| 2024-03-31 | $-232.28K | -54.81% |
| 2023-03-31 | $-150.04K | -52.62% |
| 2022-03-31 | $-98.31K | +85.18% |
| 2021-03-31 | $-663.50K | -34.86% |
| 2020-03-31 | $-491.99K | -45.00% |
| 2019-03-31 | $-339.30K | -63.34% |
| 2018-03-31 | $-207.73K | +76.25% |
| 2017-03-31 | $-874.75K | -400.68% |
| 2016-03-31 | $290.93K | -23.49% |
| 2015-03-31 | $380.24K | -45.61% |
| 2014-03-31 | $699.13K | -41.08% |
| 2013-03-31 | $1.19 Million | -30.94% |
| 2012-03-31 | $1.72 Million | -40.62% |
| 2011-03-31 | $2.89 Million | -27.34% |
| 2010-03-31 | $3.98 Million | -35.32% |
| 2009-03-31 | $6.16 Million | -33.25% |
| 2008-03-31 | $9.22 Million | +11.97% |
| 2007-03-31 | $8.24 Million | +380.63% |
| 2006-03-31 | $1.71 Million | +169.73% |
| 2005-03-31 | $635.35K | +48.63% |
| 2004-03-31 | $427.46K | +493.28% |
| 2003-03-31 | $-108.69K | -81.74% |
| 2002-03-31 | $-59.81K | -116.23% |
| 2001-03-31 | $368.39K | -21.32% |
| 2000-03-31 | $468.20K | -46.43% |
| 1999-03-31 | $873.94K | -13.54% |
| 1998-03-31 | $1.01 Million | -11.04% |
| 1997-03-31 | $1.14 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Firestone Ventures 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 2290810100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $19.93 Million | % |
| Other Components | $4.51 Million | % |
| Total Equity | $-295.50K | 100.00% |
Firestone Ventures Inc Competitors by Market Cap
The table below lists competitors of Firestone Ventures Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cfn Enterprises Inc
OTCQB:CNFN
|
$963.13K |
|
SuperBuzz Inc.
V:SPZ
|
$963.69K |
|
REDSUN PROPERTIES GROUP
F:0RJ
|
$963.75K |
|
SERVICENOW (4S0.SG)
STU:4S0
|
$964.10K |
|
CoBank ACB
PINK:CKNQP
|
$963.09K |
|
Tiphone Mobile Indonesia Tbk
JK:TELE
|
$961.51K |
|
Harvest Oil & Gas Corp
PINK:HRST
|
$961.42K |
|
Mare Nostrum
PA:ALMAR
|
$961.23K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Firestone Ventures Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -232,279 to -295,502, a change of -63,223.
- Net loss of 43,929 reduced equity.
- Other factors decreased equity by 19,294.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-43.93K | -14.87% |
| Other Changes | $-19.29K | -6.53% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Firestone Ventures 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 |
|---|---|---|---|
| 2002-03-31 | $-0.21 | $0.03 | x |
| 2003-03-31 | $-0.10 | $0.03 | x |
| 2004-03-31 | $0.25 | $0.03 | x |
| 2005-03-31 | $0.20 | $0.03 | x |
| 2006-03-31 | $0.31 | $0.03 | x |
| 2007-03-31 | $0.86 | $0.03 | x |
| 2008-03-31 | $0.74 | $0.03 | x |
| 2009-03-31 | $0.45 | $0.03 | x |
| 2010-03-31 | $0.24 | $0.03 | x |
| 2011-03-31 | $0.15 | $0.03 | x |
| 2012-03-31 | $0.08 | $0.03 | x |
| 2013-03-31 | $0.04 | $0.03 | x |
| 2014-03-31 | $0.02 | $0.03 | x |
| 2015-03-31 | $0.01 | $0.03 | x |
| 2016-03-31 | $0.01 | $0.03 | x |
| 2017-03-31 | $-0.02 | $0.03 | x |
| 2018-03-31 | $0.00 | $0.03 | x |
| 2019-03-31 | $-0.01 | $0.03 | x |
| 2020-03-31 | $-0.01 | $0.03 | x |
| 2021-03-31 | $-0.01 | $0.03 | x |
| 2022-03-31 | $0.00 | $0.03 | x |
| 2023-03-31 | $0.00 | $0.03 | x |
| 2024-03-31 | $0.00 | $0.03 | x |
| 2025-03-31 | $-0.01 | $0.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Firestone Ventures 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 (-33.53%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | -12.67% | -462.12% | 0.02x | 1.16x | $-257.61K |
| 1998 | -12.41% | 0.00% | 0.00x | 1.05x | $-226.53K |
| 1999 | -15.66% | 0.00% | 0.00x | 1.18x | $-224.27K |
| 2000 | -86.66% | 0.00% | 0.00x | 1.53x | $-452.55K |
| 2001 | -27.09% | 0.00% | 0.00x | 1.90x | $-136.65K |
| 2002 | 0.00% | 0.00% | 0.00x | 0.00x | $-422.22K |
| 2003 | 0.00% | 0.00% | 0.00x | 0.00x | $-462.01K |
| 2004 | -136.16% | 0.00% | 0.00x | 1.53x | $-624.77K |
| 2005 | -83.97% | 0.00% | 0.00x | 1.27x | $-597.05K |
| 2006 | -49.08% | 0.00% | 0.00x | 1.16x | $-1.01 Million |
| 2007 | -22.86% | 0.00% | 0.00x | 1.09x | $-2.71 Million |
| 2008 | -19.83% | 0.00% | 0.00x | 1.06x | $-2.75 Million |
| 2009 | -17.31% | 0.00% | 0.00x | 1.01x | $-1.68 Million |
| 2010 | -32.52% | 0.00% | 0.00x | 1.02x | $-1.69 Million |
| 2011 | -83.42% | 0.00% | 0.00x | 1.06x | $-2.70 Million |
| 2012 | -113.87% | 0.00% | 0.00x | 1.11x | $-2.13 Million |
| 2013 | -100.74% | 0.00% | 0.00x | 1.19x | $-1.31 Million |
| 2014 | -63.98% | 0.00% | 0.00x | 1.90x | $-517.23K |
| 2015 | -68.73% | 0.00% | 0.00x | 2.68x | $-299.35K |
| 2016 | -25.26% | 0.00% | 0.00x | 3.53x | $-102.59K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-825.12K |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-386.80K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-159.54K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-144.95K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-109.33K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $320.04K |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-133.02K |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | $-67.97K |
| 2025 | 0.00% | 0.00% | 0.00x | 0.00x | $-14.38K |
Industry Comparison
This section compares Firestone Ventures 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 |
|---|---|---|---|---|
| Firestone Ventures Inc (FSVEF) | $-508.34K | -12.67% | N/A | $963.10K |
| 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 |