Jaxon Mining Inc
Jaxon Mining Inc. operates as a mineral exploration and development company in Canada. The company explores for silver, gold, zinc, copper, and lead deposits. Its flagship projects are the Netalzul Mountain project that comprises of 23 claims covering an area of 130.02 square kilometers located in north of Smithers, British Columbia; and the Red Springs Project, which consists of 19 mineral claim… Read more
Jaxon Mining Inc (JXMNF) - Net Assets
Latest net assets as of October 2023: $4.49 Million USD
Based on the latest financial reports, Jaxon Mining Inc (JXMNF) has net assets worth $4.49 Million USD as of October 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($5.28 Million) and total liabilities ($782.54K). 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 | $4.49 Million |
| % of Total Assets | 85.17% |
| Annual Growth Rate | 28.25% |
| 5-Year Change | 56.73% |
| 10-Year Change | 2188.57% |
| Growth Volatility | 1210.21 |
Jaxon Mining Inc - Net Assets Trend (2007–2023)
This chart illustrates how Jaxon Mining 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 Jaxon Mining Inc (2007–2023)
The table below shows the annual net assets of Jaxon Mining Inc from 2007 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-01-31 | $4.97 Million | -9.99% |
| 2022-01-31 | $5.52 Million | +35.47% |
| 2021-01-31 | $4.08 Million | -0.27% |
| 2020-01-31 | $4.09 Million | +28.89% |
| 2019-01-31 | $3.17 Million | -23.51% |
| 2018-01-31 | $4.15 Million | +4541.66% |
| 2017-01-31 | $89.30K | +154.40% |
| 2016-01-31 | $-164.15K | -239.54% |
| 2015-01-31 | $-48.34K | -122.27% |
| 2014-01-31 | $217.13K | -24.93% |
| 2013-01-31 | $289.24K | +494.36% |
| 2012-01-31 | $-73.34K | -102.88% |
| 2011-01-31 | $2.55 Million | +29.00% |
| 2010-01-31 | $1.97 Million | +41.39% |
| 2009-01-31 | $1.40 Million | +625.29% |
| 2008-01-31 | $192.52K | +107.54% |
| 2007-01-31 | $92.76K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Jaxon Mining 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 1098618300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (January 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $14.14 Million | 284.58% |
| Other Comprehensive Income | $1.82 Million | 36.61% |
| Total Equity | $4.97 Million | 100.00% |
Jaxon Mining Inc Competitors by Market Cap
The table below lists competitors of Jaxon Mining Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ortivus AB ser. A
ST:ORTI-A
|
$1.20 Million |
|
ProAm Explorations Corp
V:PMX
|
$1.20 Million |
|
Asia Fiber Public Company Limited
BK:AFC
|
$1.20 Million |
|
Gitennes Exploration Inc
V:GIT
|
$1.20 Million |
|
Aprendere Skolor AB
ST:APRNDR
|
$1.20 Million |
|
CAT STRATEGIC MET.
F:8CHA
|
$1.20 Million |
|
XTM Inc
PINK:XTMIF
|
$1.20 Million |
|
Plutus Financial Group Limited Ordinary Shares
NASDAQ:PLUT
|
$1.19 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jaxon Mining Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 5,520,758 to 4,969,151, a change of -551,607 (-10.0%).
- Net loss of 484,340 reduced equity.
- New share issuances of 170,237 increased equity.
- Other comprehensive income decreased equity by 29,412.
- Other factors decreased equity by 208,092.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-484.34K | -9.75% |
| Share Issuances | $170.24K | +3.43% |
| Other Comprehensive Income | $-29.41K | -0.59% |
| Other Changes | $-208.09K | -4.19% |
| Total Change | $- | -9.99% |
Book Value vs Market Value Analysis
This analysis compares Jaxon Mining 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: 0.23x
- 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 increased from 0.02x to 0.23x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-01-31 | $0.37 | $0.01 | x |
| 2008-01-31 | $0.33 | $0.01 | x |
| 2009-01-31 | $2.32 | $0.01 | x |
| 2010-01-31 | $0.75 | $0.01 | x |
| 2011-01-31 | $0.73 | $0.01 | x |
| 2012-01-31 | $-0.02 | $0.01 | x |
| 2013-01-31 | $0.05 | $0.01 | x |
| 2014-01-31 | $0.03 | $0.01 | x |
| 2015-01-31 | $0.00 | $0.01 | x |
| 2016-01-31 | $-0.01 | $0.01 | x |
| 2017-01-31 | $0.00 | $0.01 | x |
| 2018-01-31 | $0.07 | $0.01 | x |
| 2019-01-31 | $0.03 | $0.01 | x |
| 2020-01-31 | $0.04 | $0.01 | x |
| 2021-01-31 | $0.03 | $0.01 | x |
| 2022-01-31 | $0.04 | $0.01 | x |
| 2023-01-31 | $0.03 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jaxon Mining 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): -9.75%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2906.33%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.22x
- Recent ROE (-9.75%) is above the historical average (-92.20%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | -5.65% | 0.00% | 0.00x | 1.13x | $-14.51K |
| 2008 | -40.24% | 0.00% | 0.00x | 1.08x | $-96.73K |
| 2009 | -30.79% | 0.00% | 0.00x | 1.22x | $-569.63K |
| 2010 | -43.76% | 0.00% | 0.00x | 1.10x | $-1.06 Million |
| 2011 | -31.92% | 0.00% | 0.00x | 1.02x | $-1.07 Million |
| 2012 | 0.00% | 0.00% | 0.00x | 0.00x | $-3.00 Million |
| 2013 | -274.86% | 0.00% | 0.00x | 3.24x | $-823.92K |
| 2014 | -343.11% | 0.00% | 0.00x | 1.34x | $-766.71K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-563.24K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-171.58K |
| 2017 | -625.97% | 0.00% | 0.00x | 2.31x | $-567.93K |
| 2018 | -26.83% | 0.00% | 0.00x | 1.11x | $-1.53 Million |
| 2019 | -86.49% | 0.00% | 0.00x | 1.14x | $-3.06 Million |
| 2020 | -24.83% | 0.00% | 0.00x | 1.10x | $-1.42 Million |
| 2021 | -5.67% | 0.00% | 0.00x | 1.07x | $-638.54K |
| 2022 | -17.46% | 0.00% | 0.00x | 1.13x | $-1.52 Million |
| 2023 | -9.75% | -2906.33% | 0.00x | 1.22x | $-981.26K |
Industry Comparison
This section compares Jaxon Mining 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 |
|---|---|---|---|---|
| Jaxon Mining Inc (JXMNF) | $4.49 Million | -5.65% | 0.17x | $1.20 Million |
| 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 |