MGC Ventures Inc
MGC Ventures, Inc. does not have significant operations. It intends to acquire mining properties and explore for commercial ore deposits. The company was formerly known as MegaGold Corporation. MGC Ventures, Inc. was incorporated in 1984 and is based in Spokane, Washington.
MGC Ventures Inc (MGCV) - Net Assets
Latest net assets as of : $- USD
Based on the latest financial reports, MGC Ventures Inc (MGCV) has net assets worth $- USD as of .
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($-) and total liabilities ($-). 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 | $- |
| % of Total Assets | 0% |
| Annual Growth Rate | 23.06% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
MGC Ventures Inc - Net Assets Trend (2015–2016)
This chart illustrates how MGC Ventures 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 MGC Ventures Inc (2015–2016)
The table below shows the annual net assets of MGC Ventures Inc from 2015 to 2016.
| Year | Net Assets | Change |
|---|---|---|
| 2016-12-31 | $1.39K | +23.11% |
| 2015-12-31 | $1.13K | -- |
Equity Component Analysis
This analysis shows how different components contribute to MGC Ventures 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 4.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2016)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $440.70 | 31.81% |
| Common Stock | $14.93 | 1.08% |
| Other Comprehensive Income | $636.81 | 45.96% |
| Other Components | $293.03 | 21.15% |
| Total Equity | $1.39K | 100.00% |
MGC Ventures Inc Competitors by Market Cap
The table below lists competitors of MGC Ventures Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ELITE MEAT PROCESSORS LIMITED (USD)
SEM:ELIT
|
$484.90 |
|
ZANAGA IRON ORE (6ZA.SG)
STU:6ZA
|
$486.36 |
|
MITRA ADIPERKASA (QGI.SG)
STU:QGI
|
$486.47 |
|
Kohinoor Energy Ltd
KAR:KOHE
|
$486.70 |
|
PMW International Bhd
KLSE:0379
|
$484.42 |
|
PAION - Dusseldorf Stock Exchang
DU:PA8
|
$484.40 |
|
STANDARD GROUP LTD
XNAI:STANGROUP
|
$484.21 |
|
China Auto Logistics Inc
NASDAQ:CALI
|
$484.00 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MGC Ventures Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2015 to 2016, total equity changed from 1,125 to 1,385, a change of 260 (23.1%).
- Net loss of 20 reduced equity.
- Other comprehensive income increased equity by 280.
Equity Change Factors (2015 to 2016)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-20.09 | -1.45% |
| Other Comprehensive Income | $280.15 | +20.22% |
| Total Change | $- | 23.11% |
Book Value vs Market Value Analysis
This analysis compares MGC Ventures 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: 0.54x
- 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 decreased from 0.66x to 0.54x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | $0.08 | $0.05 | x |
| 2016-12-31 | $0.09 | $0.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MGC Ventures 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): -1.45%
- 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: 1.15x
- Recent ROE (-1.45%) is above the historical average (-1.60%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -1.75% | 0.00% | 0.00x | 1.07x | $-132.28 |
| 2016 | -1.45% | 0.00% | 0.00x | 1.15x | $-158.64 |
Industry Comparison
This section compares MGC Ventures 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 |
|---|---|---|---|---|
| MGC Ventures Inc (MGCV) | $- | -1.75% | N/A | $484.80 |
| 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 |