MLTND
Molten Metals Corp. engages in the exploration of precious and base metal properties in Canada and Slovakia. The company explore for gold, antimony, and tin. It holds an option to acquire a 100% interest in the West Gore Antimony/Gold property consisting of four exploration licenses that covers an area of 585 hectares located in central Nova Scotia. In addition, the company holds in the Tienesgru… Read more
MLTND (MLTND) - Net Assets
Latest net assets as of September 2024: $522.36K USD
Based on the latest financial reports, MLTND (MLTND) has net assets worth $522.36K USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($826.65K) and total liabilities ($304.29K). 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 | $522.36K |
| % of Total Assets | 63.19% |
| Annual Growth Rate | -24.24% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 4.3 |
MLTND - Net Assets Trend (2021–2023)
This chart illustrates how MLTND's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for MLTND (2021–2023)
The table below shows the annual net assets of MLTND from 2021 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $877.91K | -28.40% |
| 2022-12-31 | $1.23 Million | -19.81% |
| 2021-12-31 | $1.53 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to MLTND'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 82965700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $1.76 Million | 200.79% |
| Total Equity | $877.91K | 100.00% |
MLTND Competitors by Market Cap
The table below lists competitors of MLTND ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ANGANG STEEL -H-
MU:GNV
|
$2.00K |
|
YETU MICROFINANCE PLC
DSE:YETU
|
$2.00K |
|
Milton Essex S.A.
WAR:MTN
|
$2.01K |
|
ESGold Corp.
OTCQB:ESAUF
|
$2.01K |
|
ChinaAMC Huaxia Hefei High-Tech Innovation Industrial Park Closed Infrastructure Sec Investment Fund
SHE:180102
|
$2.00K |
|
SASINI LTD
XNAI:SASINI
|
$1.99K |
|
Eco Buildings Group plc
LSE:ECOB
|
$1.99K |
|
Concepcion Industrial Corp
PSE:CIC
|
$1.99K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MLTND's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 1,226,174 to 877,913, a change of -348,261 (-28.4%).
- Net loss of 348,261 reduced equity.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-348.26K | -39.67% |
| Total Change | $- | -28.40% |
Book Value vs Market Value Analysis
This analysis compares MLTND'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: 0.39x
- 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 0.22x to 0.39x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | $0.90 | $0.20 | x |
| 2022-12-31 | $0.72 | $0.20 | x |
| 2023-12-31 | $0.52 | $0.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MLTND 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): -39.67%
- 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: 1.08x
- Recent ROE (-39.67%) is below the historical average (-27.46%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -3.46% | 0.00% | 0.00x | 1.03x | $-205.84K |
| 2022 | -39.26% | 0.00% | 0.00x | 1.11x | $-604.01K |
| 2023 | -39.67% | 0.00% | 0.00x | 1.08x | $-436.05K |
Industry Comparison
This section compares MLTND'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 |
|---|---|---|---|---|
| MLTND (MLTND) | $522.36K | -3.46% | 0.58x | $2.00K |
| 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 |