MacDonald Mines Exploration Ltd
MacDonald Mines Exploration Ltd. engages in the acquisition, exploration, and development of mineral properties in Canada. The company primarily explores for gold, silver, copper, cobalt, and nickel deposits. It owns 100% interests in the Scadding-Powerline-Jovan project that covers an area of 19,455 hectares located in the southeast of the prolific Sudbury Mining Camp in Northern Ontario; and th… Read more
MacDonald Mines Exploration Ltd (MCDMF) - Net Assets
Latest net assets as of September 2024: $-701.66K USD
Based on the latest financial reports, MacDonald Mines Exploration Ltd (MCDMF) has net assets worth $-701.66K USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($76.87K) and total liabilities ($778.53K). 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 | $-701.66K |
| % of Total Assets | -912.81% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 3503.17 |
MacDonald Mines Exploration Ltd - Net Assets Trend (2001–2023)
This chart illustrates how MacDonald Mines Exploration 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 MacDonald Mines Exploration Ltd (2001–2023)
The table below shows the annual net assets of MacDonald Mines Exploration Ltd from 2001 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $-468.44K | -87.34% |
| 2022-12-31 | $-250.05K | -122.44% |
| 2021-12-31 | $1.11 Million | -49.94% |
| 2020-12-31 | $2.23 Million | +1461.14% |
| 2019-12-31 | $-163.56K | +86.99% |
| 2018-12-31 | $-1.26 Million | -1152.05% |
| 2017-12-31 | $-100.39K | +85.86% |
| 2016-12-31 | $-709.84K | +53.12% |
| 2015-12-31 | $-1.51 Million | -275.42% |
| 2014-12-31 | $-403.29K | -253.34% |
| 2013-12-31 | $-114.14K | -105.33% |
| 2012-12-31 | $2.14 Million | +236.21% |
| 2011-12-31 | $636.47K | -97.21% |
| 2010-12-31 | $22.82 Million | +25.34% |
| 2009-12-31 | $18.21 Million | +13.57% |
| 2008-12-31 | $16.03 Million | -21.99% |
| 2007-12-31 | $20.55 Million | +251.21% |
| 2006-12-31 | $5.85 Million | +49.91% |
| 2005-12-31 | $3.90 Million | +27.88% |
| 2004-12-31 | $3.05 Million | +49.58% |
| 2003-12-31 | $2.04 Million | +13161.48% |
| 2002-12-31 | $15.39K | +105.15% |
| 2001-12-31 | $-298.72K | -- |
Equity Component Analysis
This analysis shows how different components contribute to MacDonald Mines Exploration 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 6270156300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $48.66 Million | % |
| Other Comprehensive Income | $219.78K | % |
| Other Components | $26.72 Million | % |
| Total Equity | $-468.44K | 100.00% |
MacDonald Mines Exploration Ltd Competitors by Market Cap
The table below lists competitors of MacDonald Mines Exploration Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Gish International Co., Ltd
TWO:8067
|
$1.95 Million |
|
Atta Global Group Bhd
KLSE:7099
|
$1.95 Million |
|
Your Family Entertainment AG
F:RTV
|
$1.96 Million |
|
Balkrishna Paper Mills Limited
NSE:BALKRISHNA
|
$1.96 Million |
|
Jakpaisan Estate Public Company Limited
BK:JAK
|
$1.95 Million |
|
FGI Industries Ltd
NASDAQ:FGI
|
$1.95 Million |
|
Medigene AG
XETRA:MDG1
|
$1.95 Million |
|
Entreparticuli
PA:ALENT
|
$1.95 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MacDonald Mines Exploration Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -250,051 to -468,437, a change of -218,386.
- Net loss of 764,319 reduced equity.
- New share issuances of 793,007 increased equity.
- Other comprehensive income decreased equity by 104,740.
- Other factors decreased equity by 142,334.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-764.32K | -163.16% |
| Share Issuances | $793.01K | +169.29% |
| Other Comprehensive Income | $-104.74K | -22.36% |
| Other Changes | $-142.33K | -30.38% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares MacDonald Mines Exploration 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | $-3.55 | $0.05 | x |
| 2002-12-31 | $0.16 | $0.05 | x |
| 2003-12-31 | $17.44 | $0.05 | x |
| 2004-12-31 | $14.14 | $0.05 | x |
| 2005-12-31 | $10.08 | $0.05 | x |
| 2006-12-31 | $10.81 | $0.05 | x |
| 2007-12-31 | $24.54 | $0.05 | x |
| 2008-12-31 | $11.52 | $0.05 | x |
| 2009-12-31 | $12.31 | $0.05 | x |
| 2010-12-31 | $13.61 | $0.05 | x |
| 2011-12-31 | $0.31 | $0.05 | x |
| 2012-12-31 | $0.92 | $0.05 | x |
| 2013-12-31 | $-0.04 | $0.05 | x |
| 2014-12-31 | $-0.13 | $0.05 | x |
| 2015-12-31 | $-0.50 | $0.05 | x |
| 2016-12-31 | $-0.23 | $0.05 | x |
| 2017-12-31 | $-0.02 | $0.05 | x |
| 2018-12-31 | $-0.15 | $0.05 | x |
| 2019-12-31 | $-0.02 | $0.05 | x |
| 2020-12-31 | $0.12 | $0.05 | x |
| 2021-12-31 | $0.05 | $0.05 | x |
| 2022-12-31 | $-0.01 | $0.05 | x |
| 2023-12-31 | $-0.01 | $0.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MacDonald Mines Exploration 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): 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 (-221.33%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 0.00% | -45016.09% | 0.00x | 0.00x | $-414.89K |
| 2002 | -3542.91% | 0.00% | 0.00x | 46.09x | $-546.69K |
| 2003 | -5.91% | 0.00% | 0.00x | 1.15x | $-324.71K |
| 2004 | -21.22% | -1803.68% | 0.01x | 1.16x | $-952.81K |
| 2005 | -15.33% | -7073.42% | 0.00x | 1.12x | $-988.72K |
| 2006 | 1.64% | 66.00% | 0.02x | 1.03x | $-489.00K |
| 2007 | -27.81% | -2152.00% | 0.01x | 1.04x | $-7.77 Million |
| 2008 | -16.86% | -1020.59% | 0.02x | 1.06x | $-4.31 Million |
| 2009 | -12.63% | -837.98% | 0.01x | 1.01x | $-4.12 Million |
| 2010 | -13.98% | -3969.19% | 0.00x | 1.02x | $-5.47 Million |
| 2011 | -891.54% | -2756.53% | 0.15x | 2.21x | $-5.74 Million |
| 2012 | -115.44% | -1385.99% | 0.06x | 1.35x | $-2.68 Million |
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.53 Million |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-238.15K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-951.69K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $505.94K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-5.09 Million |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.26 Million |
| 2019 | 0.00% | -5786.00% | 0.06x | 0.00x | $-4.27 Million |
| 2020 | -150.90% | 0.00% | 0.00x | 1.32x | $-3.58 Million |
| 2021 | -277.79% | 0.00% | 0.00x | 1.55x | $-3.21 Million |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.58 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-717.48K |
Industry Comparison
This section compares MacDonald Mines Exploration Ltd's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $1,956,755,866
- Average return on equity (ROE) among peers: -68.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MacDonald Mines Exploration Ltd (MCDMF) | $-701.66K | 0.00% | N/A | $1.95 Million |
| Almadex Minerals Ltd (AAMMF) | $14.43 Million | -15.31% | 0.02x | $11.47 Million |
| Allied Gold Corporation (AAUC) | $111.36 Million | -6.66% | 4.92x | $1.61 Billion |
| Aero Energy Limited (AAUGF) | $14.72 Million | -5.86% | 0.05x | $613.34K |
| Abcourt Mines Inc (ABMBF) | $542.08K | -7.78% | 0.16x | $27.58 Million |
| Aben Resources Ltd (ABNAF) | $925.43K | -59.62% | 0.09x | $1.17 Million |
| Advance Gold Corp (ADGCF) | $206.54K | -11.57% | 1.00x | $480.91K |
| Agnico Eagle Mines Limited (AEM) | $19.42 Billion | 10.18% | 0.48x | $105.00 Billion |
| Affinity Gold Corp (AFYG) | $241.37K | -497.12% | 0.10x | $4.68K |
| Andes Gold Corp (AGCZ) | $648.20K | -54.33% | 0.04x | $0.95 |
| Antioquia Gold Inc (AGDXF) | $1.57 Million | -38.90% | 0.28x | $1.44 Million |