Themac Resources Group Limited
THEMAC Resources Group Limited engages in acquiring, exploring, and developing natural resource properties in the United States. The company explores for copper, gold, silver, and molybdenum deposits. Its principal property is the Copper Flat project, which consists of 28 patented and 202 unpatented lode mining claims, 4 patented and 41 unpatented placer mining claims, 9 unpatented mill sites, an… Read more
Themac Resources Group Limited (MACQF) - Net Assets
Latest net assets as of March 2025: $-97.28 Million USD
Based on the latest financial reports, Themac Resources Group Limited (MACQF) has net assets worth $-97.28 Million USD as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($95.16 Million) and total liabilities ($192.44 Million). 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 | $-97.28 Million |
| % of Total Assets | -102.23% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | -1186.33% |
| Growth Volatility | 1869.86 |
Themac Resources Group Limited - Net Assets Trend (2000–2024)
This chart illustrates how Themac Resources Group Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Themac Resources Group Limited (2000–2024)
The table below shows the annual net assets of Themac Resources Group Limited from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | $-88.86 Million | -15.02% |
| 2023-06-30 | $-77.25 Million | -17.03% |
| 2022-06-30 | $-66.01 Million | -14.17% |
| 2021-06-30 | $-57.82 Million | -49.99% |
| 2020-06-30 | $-38.55 Million | -28.18% |
| 2019-06-30 | $-30.08 Million | -62.54% |
| 2018-06-30 | $-18.50 Million | -109.12% |
| 2017-06-30 | $-8.85 Million | -1078.35% |
| 2016-06-30 | $904.40K | -88.94% |
| 2015-06-30 | $8.18 Million | +7.97% |
| 2014-06-30 | $7.58 Million | -48.96% |
| 2013-06-30 | $14.84 Million | -24.40% |
| 2012-06-30 | $19.64 Million | -10.62% |
| 2011-06-30 | $21.97 Million | +6272.74% |
| 2010-06-30 | $344.74K | +1194.90% |
| 2009-06-30 | $26.62K | -76.93% |
| 2008-06-30 | $115.39K | +373.47% |
| 2007-06-30 | $24.37K | +218.63% |
| 2006-06-30 | $-20.54K | +86.96% |
| 2005-06-30 | $-157.50K | -23.73% |
| 2004-06-30 | $-127.29K | +48.94% |
| 2003-06-30 | $-249.31K | -22.47% |
| 2002-06-30 | $-203.56K | -133.43% |
| 2001-06-30 | $-87.21K | -172.35% |
| 2000-06-30 | $120.53K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Themac Resources Group Limited'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 13451771200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $19.16 Million | % |
| Other Comprehensive Income | $16.38 Million | % |
| Other Components | $14.05 Million | % |
| Total Equity | $-88.86 Million | 100.00% |
Themac Resources Group Limited Competitors by Market Cap
The table below lists competitors of Themac Resources Group Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GLOB.ENERGY METALS
F:5GE2
|
$836.53K |
|
UNITED PARCEL SVC-B
HM:UPAB
|
$836.56K |
|
RG6
STU:RG6
|
$837.04K |
|
NETAPP - Dusseldorf Stock Exchang
DU:NTA
|
$838.49K |
|
Fuji Finance Indonesia Tbk PT
JK:FUJI
|
$835.77K |
|
Stroud Resources Ltd
PINK:SDURF
|
$835.47K |
|
EXACT SCIENCES
MU:EXK
|
$835.07K |
|
SQ
NYSE:SQ
|
$834.82K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Themac Resources Group Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -77,254,865 to -88,858,422, a change of -11,603,557.
- Net loss of 13,431,000 reduced equity.
- Other comprehensive income increased equity by 1,827,731.
- Other factors decreased equity by 288.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-13.43 Million | -15.12% |
| Other Comprehensive Income | $1.83 Million | +2.06% |
| Other Changes | $-288.00 | -0.0% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Themac Resources Group Limited'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 |
|---|---|---|---|
| 2000-06-30 | $0.09 | $0.05 | x |
| 2001-06-30 | $-0.07 | $0.05 | x |
| 2002-06-30 | $-0.16 | $0.05 | x |
| 2003-06-30 | $-0.20 | $0.05 | x |
| 2004-06-30 | $-0.08 | $0.05 | x |
| 2008-06-30 | $0.02 | $0.05 | x |
| 2013-06-30 | $0.21 | $0.05 | x |
| 2014-06-30 | $0.10 | $0.05 | x |
| 2015-06-30 | $0.11 | $0.05 | x |
| 2016-06-30 | $0.01 | $0.05 | x |
| 2017-06-30 | $-0.11 | $0.05 | x |
| 2018-06-30 | $-0.23 | $0.05 | x |
| 2019-06-30 | $-0.38 | $0.05 | x |
| 2020-06-30 | $-0.49 | $0.05 | x |
| 2021-06-30 | $-0.73 | $0.05 | x |
| 2022-06-30 | $-0.83 | $0.05 | x |
| 2023-06-30 | $-0.97 | $0.05 | x |
| 2024-06-30 | $-1.12 | $0.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Themac Resources Group Limited 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 (-117.89%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | -1528.20% | -33761.00% | 0.03x | 1.80x | $-1.85 Million |
| 2001 | 0.00% | -5545.65% | 0.08x | 0.00x | $-199.02K |
| 2002 | 0.00% | -30208.33% | 0.03x | 0.00x | $-95.64K |
| 2003 | 0.00% | -228705.00% | 0.00x | 0.00x | $-20.81K |
| 2004 | 0.00% | -408108.11% | 0.00x | 0.00x | $-138.27K |
| 2005 | 0.00% | 0.00% | 0.00x | 0.00x | $15.75K |
| 2006 | 0.00% | 0.00% | 0.00x | 0.00x | $2.05K |
| 2007 | 0.00% | 0.00% | 0.00x | 3.96x | $-2.44K |
| 2008 | -123.93% | -1021428.57% | 0.00x | 1.58x | $-154.54K |
| 2009 | 0.00% | 0.00% | 0.00x | 3.01x | $-2.66K |
| 2010 | 0.00% | 0.00% | 0.00x | 5.32x | $-34.47K |
| 2011 | 0.00% | 0.00% | 0.00x | 1.26x | $-2.20 Million |
| 2012 | 0.00% | 0.00% | 0.00x | 2.06x | $-1.96 Million |
| 2013 | -43.04% | 0.00% | 0.00x | 3.59x | $-7.87 Million |
| 2014 | -107.92% | 0.00% | 0.00x | 7.34x | $-8.93 Million |
| 2015 | -105.17% | 0.00% | 0.00x | 8.24x | $-9.42 Million |
| 2016 | -1039.03% | 0.00% | 0.00x | 79.98x | $-9.49 Million |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-9.25 Million |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-8.75 Million |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-8.14 Million |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-7.46 Million |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-5.77 Million |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-5.48 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-5.17 Million |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | $-4.55 Million |
Industry Comparison
This section compares Themac Resources Group Limited'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 |
|---|---|---|---|---|
| Themac Resources Group Limited (MACQF) | $-97.28 Million | -1528.20% | N/A | $836.04K |
| 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 |