Mansfelder Metals Ltd
Mansfelder Metals Ltd., through its subsidiaries, engages in the manufacture and trading of aluminum products. The company's products include aluminum sheets, foils, strips, and blanks for use by industrial and commercial fabricators of aluminum products. It also produces aluminum foil for food and beverage packaging, pharmaceutical packaging, and technical applications. The company was formerly … Read more
Mansfelder Metals Ltd (MNSF) - Net Assets
Latest net assets as of September 2007: $10.57 Million USD
Based on the latest financial reports, Mansfelder Metals Ltd (MNSF) has net assets worth $10.57 Million USD as of September 2007.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($41.43 Million) and total liabilities ($30.86 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 | $10.57 Million |
| % of Total Assets | 25.51% |
| Annual Growth Rate | 16.9% |
| 5-Year Change | -42.94% |
| 10-Year Change | 694.69% |
| Growth Volatility | 235.16 |
Mansfelder Metals Ltd - Net Assets Trend (1996–2006)
This chart illustrates how Mansfelder Metals 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 Mansfelder Metals Ltd (1996–2006)
The table below shows the annual net assets of Mansfelder Metals Ltd from 1996 to 2006.
| Year | Net Assets | Change |
|---|---|---|
| 2006-12-31 | $9.28 Million | -10.16% |
| 2005-12-31 | $10.33 Million | -9.01% |
| 2004-12-31 | $11.36 Million | -12.24% |
| 2003-12-31 | $12.94 Million | -20.45% |
| 2002-12-31 | $16.27 Million | -36.82% |
| 2001-12-31 | $25.74 Million | +36.09% |
| 2000-12-31 | $18.92 Million | +491.90% |
| 1999-12-31 | $3.20 Million | -62.45% |
| 1998-12-31 | $8.51 Million | +628.77% |
| 1997-12-31 | $1.17 Million | -40.04% |
| 1996-12-31 | $1.95 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Mansfelder Metals 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 1553300000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
- The company has 1213.0% of equity in treasury stock, representing shares repurchased from the open market.
Current Equity Component Breakdown (December 2006)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $2.04 Million | 21.96% |
| Treasury Stock | $112.59 Million | 1212.99% |
| Other Comprehensive Income | $1.14 Million | 12.27% |
| Other Components | $135.31 Million | 1457.75% |
| Total Equity | $9.28 Million | 100.00% |
Mansfelder Metals Ltd Competitors by Market Cap
The table below lists competitors of Mansfelder Metals Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Universal Systems Inc
PINK:UVSS
|
$0.92 |
|
New World Gold Cp
PINK:NWGC
|
$0.92 |
|
ZA Group Inc
PINK:ZAAG
|
$0.92 |
|
Gunther Grant Inc
PINK:GNGR
|
$0.92 |
|
Merriman Holdings Inc
PINK:MERR
|
$0.92 |
|
Colombia Energy Resources Inc
PINK:CERX
|
$0.92 |
|
Circuit Research Labs Inc
PINK:CRLI
|
$0.92 |
|
Poniard Pharmaceuticals Inc
PINK:PARD
|
$0.92 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mansfelder Metals Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2005 to 2006, total equity changed from 10,332,000 to 9,282,000, a change of -1,050,000 (-10.2%).
- Net loss of 2,515,000 reduced equity.
- Share repurchases of 678,126 reduced equity.
- Other comprehensive income increased equity by 1,433,000.
- Other factors increased equity by 710,126.
Equity Change Factors (2005 to 2006)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.52 Million | -27.1% |
| Share Repurchases | $678.13K | -7.31% |
| Other Comprehensive Income | $1.43 Million | +15.44% |
| Other Changes | $710.13K | +7.65% |
| Total Change | $- | -10.16% |
Book Value vs Market Value Analysis
This analysis compares Mansfelder Metals 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: 0.00x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-12-31 | $4.41 | $0.00 | x |
| 1997-12-31 | $0.47 | $0.00 | x |
| 1998-12-31 | $1.81 | $0.00 | x |
| 1999-12-31 | $0.36 | $0.00 | x |
| 2000-12-31 | $1.13 | $0.00 | x |
| 2001-12-31 | $1.58 | $0.00 | x |
| 2002-12-31 | $1.08 | $0.00 | x |
| 2003-12-31 | $0.86 | $0.00 | x |
| 2004-12-31 | $0.72 | $0.00 | x |
| 2005-12-31 | $0.55 | $0.00 | x |
| 2006-12-31 | $0.49 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mansfelder Metals 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): -27.10%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.51%
- • Asset Turnover: 2.29x
- • Equity Multiplier: 4.71x
- Recent ROE (-27.10%) is above the historical average (-47.53%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | 22.69% | 13.25% | 1.20x | 1.42x | $247.20K |
| 1997 | -79.28% | -40.10% | 0.75x | 2.62x | $-1.04 Million |
| 1998 | -43.16% | -52.30% | 0.61x | 1.35x | $-4.53 Million |
| 1999 | -357.80% | -145.25% | 0.94x | 2.63x | $-10.14 Million |
| 2000 | 23.88% | 563.34% | 0.04x | 1.09x | $2.63 Million |
| 2001 | 53.76% | 5602.83% | 0.01x | 1.21x | $11.26 Million |
| 2002 | -58.27% | -1325.59% | 0.03x | 1.27x | $-11.10 Million |
| 2003 | -25.71% | -4057.32% | 0.00x | 1.29x | $-4.62 Million |
| 2004 | -22.50% | -6551.28% | 0.00x | 1.35x | $-3.69 Million |
| 2005 | -9.35% | -2.52% | 1.04x | 3.55x | $-2.00 Million |
| 2006 | -27.10% | -2.51% | 2.29x | 4.71x | $-3.44 Million |
Industry Comparison
This section compares Mansfelder Metals Ltd's net assets metrics with peer companies in the Aluminum industry.
Industry Context
- Industry: Aluminum
- Average net assets among peers: $19,651,055,165
- Average return on equity (ROE) among peers: -6.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mansfelder Metals Ltd (MNSF) | $10.57 Million | 22.69% | 2.92x | $0.92 |
| Alcoa Corp (AA) | $5.84 Billion | -11.14% | 1.42x | $10.77 Billion |
| Aerofoam Metals Inc (AFML) | $-360.00K | 0.00% | 0.00x | $0.97 |
| Aluminum Corporation of China Limited (ALMMF) | $58.15 Billion | 0.41% | 1.70x | $7.01 Billion |
| Century Aluminum Company (CENX) | $344.10 Million | -12.53% | 4.37x | $3.18 Billion |
| China Hongqiao Group Limited (CHHQY) | $36.24 Billion | 10.07% | 1.94x | $44.45 Billion |
| Constellium Nv (CSTM) | $802.57 Million | 38.38% | 5.57x | $2.99 Billion |
| Orbite Technologies Inc (EORBF) | $79.06 Million | 0.00% | 0.08x | $135.68K |
| Kaiser Aluminum Corporation (KALU) | $133.50 Million | -80.00% | 19.21x | $1.89 Billion |
| Norsk Hydro ASA (NHYKF) | $75.26 Billion | -1.22% | 0.55x | $5.63 Billion |