iMining Blockchain and Cryptocurrency Inc
iMining Technologies Inc., an Web3.0 technology company, develops energy and technologies solutions in Canada. The company operates portfolio of artificial intelligence solutions. It also invests in energy infrastructure, and blockchain related technology. The company was formerly known as iMining Blockchain and Cryptocurrency Inc. and changed its name to iMining Technologies Inc. in August 2021.… Read more
iMining Blockchain and Cryptocurrency Inc (IBKKF) - Net Assets
Latest net assets as of February 2022: $18.49 Million USD
Based on the latest financial reports, iMining Blockchain and Cryptocurrency Inc (IBKKF) has net assets worth $18.49 Million USD as of February 2022.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($18.75 Million) and total liabilities ($261.17K). 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 | $18.49 Million |
| % of Total Assets | 98.61% |
| Annual Growth Rate | 32.28% |
| 5-Year Change | 740.18% |
| 10-Year Change | 788.7% |
| Growth Volatility | 100.95 |
iMining Blockchain and Cryptocurrency Inc - Net Assets Trend (2008–2021)
This chart illustrates how iMining Blockchain and Cryptocurrency 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 iMining Blockchain and Cryptocurrency Inc (2008–2021)
The table below shows the annual net assets of iMining Blockchain and Cryptocurrency Inc from 2008 to 2021.
| Year | Net Assets | Change |
|---|---|---|
| 2021-05-31 | $16.22 Million | +6515.82% |
| 2020-05-31 | $-252.74K | -141.48% |
| 2019-05-31 | $609.24K | -86.74% |
| 2018-05-31 | $4.59 Million | +138.07% |
| 2017-05-31 | $1.93 Million | +29.57% |
| 2016-05-31 | $1.49 Million | +6.98% |
| 2015-05-31 | $1.39 Million | -18.39% |
| 2014-05-31 | $1.71 Million | +0.90% |
| 2013-05-31 | $1.69 Million | -7.33% |
| 2012-05-31 | $1.82 Million | +110.22% |
| 2011-05-31 | $867.93K | -14.39% |
| 2010-05-31 | $1.01 Million | +256.37% |
| 2009-05-31 | $284.49K | -33.37% |
| 2008-05-31 | $426.95K | -- |
Equity Component Analysis
This analysis shows how different components contribute to iMining Blockchain and Cryptocurrency 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 1149331100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (May 2021)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $24.00 Million | 148.03% |
| Other Comprehensive Income | $3.85 Million | 23.72% |
| Total Equity | $16.22 Million | 100.00% |
iMining Blockchain and Cryptocurrency Inc Competitors by Market Cap
The table below lists competitors of iMining Blockchain and Cryptocurrency Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ARCTIC MINERALS AB SK 2
F:9QY
|
$1.23 Million |
|
Source Physical Palladium P
XETRA:8PSC
|
$1.23 Million |
|
PicoCELA Inc. American Depositary Shares
NASDAQ:PCLA
|
$1.23 Million |
|
Far Northern Resources Ltd
AU:FNR
|
$1.23 Million |
|
AKTIENBRAU.KAUFBEUR
MU:ABK
|
$1.23 Million |
|
Nova Net Lease REIT
PINK:NNLRF
|
$1.23 Million |
|
K.C. Metalsheet Public Company Limited
BK:KCM
|
$1.23 Million |
|
TD Synnex Corp
STU:SUX
|
$1.23 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in iMining Blockchain and Cryptocurrency Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2020 to 2021, total equity changed from -252,737 to 16,215,221, a change of 16,467,958.
- Net loss of 2,385,413 reduced equity.
- New share issuances of 2,777,400 increased equity.
- Other comprehensive income increased equity by 3,049,720.
- Other factors increased equity by 13,026,251.
Equity Change Factors (2020 to 2021)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.39 Million | -14.71% |
| Share Issuances | $2.78 Million | +17.13% |
| Other Comprehensive Income | $3.05 Million | +18.81% |
| Other Changes | $13.03 Million | +80.33% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares iMining Blockchain and Cryptocurrency 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
- Current price-to-book ratio: 0.04x
- 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 |
|---|---|---|---|
| 2008-05-31 | $7.04 | $0.04 | x |
| 2009-05-31 | $1.06 | $0.04 | x |
| 2010-05-31 | $1.81 | $0.04 | x |
| 2011-05-31 | $0.98 | $0.04 | x |
| 2012-05-31 | $1.48 | $0.04 | x |
| 2013-05-31 | $0.88 | $0.04 | x |
| 2014-05-31 | $0.79 | $0.04 | x |
| 2015-05-31 | $0.58 | $0.04 | x |
| 2016-05-31 | $0.43 | $0.04 | x |
| 2017-05-31 | $0.45 | $0.04 | x |
| 2018-05-31 | $0.83 | $0.04 | x |
| 2019-05-31 | $0.06 | $0.04 | x |
| 2020-05-31 | $-0.03 | $0.04 | x |
| 2021-05-31 | $1.07 | $0.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently iMining Blockchain and Cryptocurrency 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): -14.71%
- 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: 1.02x
- Recent ROE (-14.71%) is above the historical average (-77.61%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | -33.01% | 0.00% | 0.00x | 1.01x | $-183.61K |
| 2009 | -50.08% | 0.00% | 0.00x | 1.03x | $-170.91K |
| 2010 | -44.47% | 0.00% | 0.00x | 1.05x | $-552.26K |
| 2011 | -138.35% | -188796.07% | 0.00x | 1.06x | $-1.29 Million |
| 2012 | -49.35% | -90230.46% | 0.00x | 1.03x | $-1.08 Million |
| 2013 | -27.62% | -1092.93% | 0.02x | 1.08x | $-636.18K |
| 2014 | -25.93% | 0.00% | 0.00x | 1.06x | $-612.96K |
| 2015 | -22.49% | 0.00% | 0.00x | 1.16x | $-452.39K |
| 2016 | -12.22% | 0.00% | 0.00x | 1.13x | $-331.00K |
| 2017 | -18.35% | 0.00% | 0.00x | 1.15x | $-547.22K |
| 2018 | 4.20% | 676.43% | 0.01x | 1.03x | $-266.51K |
| 2019 | -654.16% | -1309.19% | 0.38x | 1.32x | $-4.05 Million |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-836.71K |
| 2021 | -14.71% | 0.00% | 0.00x | 1.02x | $-4.01 Million |
Industry Comparison
This section compares iMining Blockchain and Cryptocurrency Inc's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $131,214,049
- Average return on equity (ROE) among peers: -2225.79%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| iMining Blockchain and Cryptocurrency Inc (IBKKF) | $18.49 Million | -33.01% | 0.01x | $1.23 Million |
| Armada Mercantile Ltd (AAMTF) | $-177.83K | 0.00% | 0.00x | $3.53 Million |
| ABG Sundal Collier Holding ASA (ABGSF) | $1.25 Billion | 17.41% | 1.10x | $207.31 Million |
| Athena Bitcoin Global (ABIT) | $-853.22K | 0.00% | 0.00x | $16.38 Million |
| ABS-CBN Holdings Corporation (ABSOF) | $0.00 | 0.00% | 0.00x | $5.67 Million |
| American Bitcoin Corp (ABTC) | $-4.83 Million | 0.00% | 0.00x | $199.05 Million |
| Abits Group Inc. (ABTS) | $11.31 Million | -111.43% | 0.09x | $4.44 Million |
| Argentex Group PLC (AGXTF) | $28.70 Million | 20.56% | 2.22x | $4.51 Million |
| Sphere 3D Corp (ANY) | $1.37 Million | -6.53% | 0.28x | $4.44 Million |
| Argo Blockchain PLC (ARBKF) | $158.00K | -22172.78% | 479.63x | $2.16 Million |
| Arcane Crypto AB (ARCNF) | $28.26 Million | -5.07% | 0.10x | $1.38 Million |