InZinc Mining Ltd
InZinc Mining Ltd. engages in the acquisition, exploration, and development of mineral properties in Canada. The company explores for zinc, lead, gold, silver, nickel, cobalt, copper, rare earth elements, and barite mineralization deposits. It holds 100% interests in the Indy Sedex project that covers an area of approximately 19,900 hectares located in central British Colombia. The company was fo… Read more
InZinc Mining Ltd (LTHIF) - Net Assets
Latest net assets as of September 2025: $1.06 Million USD
Based on the latest financial reports, InZinc Mining Ltd (LTHIF) has net assets worth $1.06 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.30 Million) and total liabilities ($236.44K). 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 | $1.06 Million |
| % of Total Assets | 81.76% |
| Annual Growth Rate | 3.51% |
| 5-Year Change | 120.51% |
| 10-Year Change | -65.63% |
| Growth Volatility | 147.14 |
InZinc Mining Ltd - Net Assets Trend (1998–2024)
This chart illustrates how InZinc Mining Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for InZinc Mining Ltd (1998–2024)
The table below shows the annual net assets of InZinc Mining Ltd from 1998 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $2.24 Million | -27.88% |
| 2023-12-31 | $3.11 Million | -1.04% |
| 2022-12-31 | $3.14 Million | -31.26% |
| 2021-12-31 | $4.57 Million | +349.47% |
| 2020-12-31 | $1.02 Million | -88.84% |
| 2019-12-31 | $9.12 Million | +0.75% |
| 2018-12-31 | $9.05 Million | -2.98% |
| 2017-12-31 | $9.33 Million | +48.47% |
| 2016-12-31 | $6.28 Million | -3.74% |
| 2015-12-31 | $6.53 Million | -3.68% |
| 2014-12-31 | $6.77 Million | +18.17% |
| 2013-12-31 | $5.73 Million | -3.39% |
| 2012-12-31 | $5.93 Million | +6.87% |
| 2011-12-31 | $5.55 Million | -2.87% |
| 2010-12-31 | $5.72 Million | -3.76% |
| 2009-12-31 | $5.94 Million | +4.19% |
| 2008-12-31 | $5.70 Million | -5.36% |
| 2007-12-31 | $6.02 Million | +128.37% |
| 2006-12-31 | $2.64 Million | +599.35% |
| 2005-12-31 | $377.17K | +16.95% |
| 2004-12-31 | $322.51K | +10.96% |
| 2003-12-31 | $290.65K | +76.10% |
| 2002-12-31 | $165.04K | +317.17% |
| 2001-12-31 | $39.56K | -94.46% |
| 2000-12-31 | $714.43K | -7.06% |
| 1999-12-31 | $768.73K | -15.98% |
| 1998-12-31 | $914.92K | -- |
Equity Component Analysis
This analysis shows how different components contribute to InZinc Mining Ltd'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 1586398200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $18.02 Million | 803.37% |
| Other Comprehensive Income | $298.55K | 13.31% |
| Total Equity | $2.24 Million | 100.00% |
InZinc Mining Ltd Competitors by Market Cap
The table below lists competitors of InZinc Mining Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
North Dallas Bank & Trust Co
PINK:NODB
|
$510.45K |
|
BRIT AMER TOBACCO - Dusseldorf Stock Exchang
DU:BMT
|
$510.55K |
|
Auxico Resources Canada Inc
PINK:AUXIF
|
$510.69K |
|
Brand Group (M.G) Ltd
TA:BRND
|
$511.08K |
|
Fidere Patrimonio SOCIMI SA
MC:YFID
|
$510.02K |
|
Saferoads Holdings Ltd
AU:SRH
|
$510.00K |
|
SKECHERS USA-A
BE:SKAA
|
$509.70K |
|
TYSON FOODS -A-
MU:TF7A
|
$509.68K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in InZinc Mining Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,109,628 to 2,242,672, a change of -866,956 (-27.9%).
- Net loss of 915,000 reduced equity.
- Other comprehensive income increased equity by 45,080.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-915.00K | -40.8% |
| Other Comprehensive Income | $45.08K | +2.01% |
| Other Changes | $2.96K | +0.13% |
| Total Change | $- | -27.88% |
Book Value vs Market Value Analysis
This analysis compares InZinc Mining Ltd'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: 0.30x
- 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 0.01x to 0.30x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-12-31 | $0.44 | $0.01 | x |
| 1999-12-31 | $0.23 | $0.01 | x |
| 2000-12-31 | $0.14 | $0.01 | x |
| 2001-12-31 | $0.01 | $0.01 | x |
| 2002-12-31 | $0.02 | $0.01 | x |
| 2003-12-31 | $0.03 | $0.01 | x |
| 2004-12-31 | $0.02 | $0.01 | x |
| 2005-12-31 | $0.02 | $0.01 | x |
| 2006-12-31 | $0.13 | $0.01 | x |
| 2007-12-31 | $0.17 | $0.01 | x |
| 2008-12-31 | $0.16 | $0.01 | x |
| 2009-12-31 | $0.16 | $0.01 | x |
| 2010-12-31 | $0.14 | $0.01 | x |
| 2011-12-31 | $0.12 | $0.01 | x |
| 2012-12-31 | $0.12 | $0.01 | x |
| 2013-12-31 | $0.09 | $0.01 | x |
| 2014-12-31 | $0.10 | $0.01 | x |
| 2015-12-31 | $0.09 | $0.01 | x |
| 2016-12-31 | $0.09 | $0.01 | x |
| 2017-12-31 | $0.12 | $0.01 | x |
| 2018-12-31 | $0.08 | $0.01 | x |
| 2019-12-31 | $0.08 | $0.01 | x |
| 2020-12-31 | $0.01 | $0.01 | x |
| 2021-12-31 | $0.04 | $0.01 | x |
| 2022-12-31 | $0.03 | $0.01 | x |
| 2023-12-31 | $0.03 | $0.01 | x |
| 2024-12-31 | $0.02 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently InZinc Mining Ltd 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): -40.80%
- 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 (-40.80%) is above the historical average (-71.15%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | -17.05% | -15600000.00% | 0.00x | 1.06x | $-247.49K |
| 1999 | -92.10% | -70800000.00% | 0.00x | 1.05x | $-784.87K |
| 2000 | -81.74% | -29200000.00% | 0.00x | 1.05x | $-655.44K |
| 2001 | -976.59% | 0.00% | 0.00x | 1.62x | $-390.32K |
| 2002 | -142.39% | 0.00% | 0.00x | 1.18x | $-251.50K |
| 2003 | -49.54% | 0.00% | 0.00x | 1.06x | $-173.06K |
| 2004 | -343.86% | 0.00% | 0.00x | 1.22x | $-1.14 Million |
| 2005 | -49.32% | 0.00% | 0.00x | 1.04x | $-223.72K |
| 2006 | -26.76% | 0.00% | 0.00x | 1.02x | $-969.61K |
| 2007 | -15.97% | 0.00% | 0.00x | 1.05x | $-1.56 Million |
| 2008 | -5.87% | 0.00% | 0.00x | 1.01x | $-904.61K |
| 2009 | -7.32% | 0.00% | 0.00x | 1.02x | $-1.03 Million |
| 2010 | -11.07% | 0.00% | 0.00x | 1.01x | $-1.20 Million |
| 2011 | -8.66% | 0.00% | 0.00x | 1.01x | $-1.04 Million |
| 2012 | -8.50% | 0.00% | 0.00x | 1.01x | $-1.10 Million |
| 2013 | -6.83% | 0.00% | 0.00x | 1.02x | $-964.90K |
| 2014 | -7.76% | 0.00% | 0.00x | 1.01x | $-1.20 Million |
| 2015 | -3.81% | 0.00% | 0.00x | 1.01x | $-901.10K |
| 2016 | -7.88% | 0.00% | 0.00x | 1.01x | $-1.12 Million |
| 2017 | -6.44% | 0.00% | 0.00x | 1.02x | $-1.53 Million |
| 2018 | -5.11% | 0.00% | 0.00x | 1.01x | $-1.37 Million |
| 2019 | -2.50% | 0.00% | 0.00x | 1.00x | $-1.14 Million |
| 2020 | -19.87% | 0.00% | 0.00x | 1.05x | $-303.80K |
| 2021 | 71.56% | 0.00% | 0.00x | 1.02x | $2.81 Million |
| 2022 | -51.63% | 0.00% | 0.00x | 1.03x | $-1.94 Million |
| 2023 | -3.11% | 0.00% | 0.00x | 1.02x | $-407.62K |
| 2024 | -40.80% | 0.00% | 0.00x | 1.02x | $-1.14 Million |
Industry Comparison
This section compares InZinc Mining Ltd'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 |
|---|---|---|---|---|
| InZinc Mining Ltd (LTHIF) | $1.06 Million | -17.05% | 0.22x | $510.22K |
| 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 |