Nortec Minerals Corp
Nortec Minerals Corp., together with its subsidiaries, engages in the acquisition, exploration, and development of mineral properties in Canada, Ecuador, and Finland. The company explores for gold, zinc, copper, lead, silver, base metal, and lithium deposits. Nortec Minerals Corp. is headquartered in Vancouver, Canada.
Nortec Minerals Corp (NMNZF) - Net Assets
Latest net assets as of September 2025: $-37.99K USD
Based on the latest financial reports, Nortec Minerals Corp (NMNZF) has net assets worth $-37.99K USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($173.13K) and total liabilities ($211.12K). 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 | $-37.99K |
| % of Total Assets | -21.94% |
| Annual Growth Rate | 0.92% |
| 5-Year Change | -95.3% |
| 10-Year Change | -17.85% |
| Growth Volatility | 411.98 |
Nortec Minerals Corp - Net Assets Trend (2000–2024)
This chart illustrates how Nortec Minerals Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Nortec Minerals Corp (2000–2024)
The table below shows the annual net assets of Nortec Minerals Corp from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $114.05K | +395.11% |
| 2023-12-31 | $-38.65K | -19.98% |
| 2022-12-31 | $-32.21K | +92.58% |
| 2021-12-31 | $-434.19K | -117.90% |
| 2020-12-31 | $2.43 Million | +12.47% |
| 2019-12-31 | $2.16 Million | +39.06% |
| 2018-12-31 | $1.55 Million | +25.83% |
| 2017-12-31 | $1.23 Million | +95.30% |
| 2016-12-31 | $631.04K | +354.54% |
| 2015-12-31 | $138.83K | -98.00% |
| 2014-12-31 | $6.94 Million | -21.80% |
| 2013-12-31 | $8.87 Million | +2.83% |
| 2012-12-31 | $8.63 Million | -23.81% |
| 2011-12-31 | $11.32 Million | +19.60% |
| 2010-12-31 | $9.47 Million | +11.51% |
| 2009-12-31 | $8.49 Million | +22.16% |
| 2008-12-31 | $6.95 Million | +8.01% |
| 2007-12-31 | $6.43 Million | +141.68% |
| 2006-12-31 | $2.66 Million | +92.06% |
| 2005-12-31 | $1.39 Million | +189.95% |
| 2004-12-31 | $478.01K | +1865.57% |
| 2003-12-31 | $24.32K | +199.27% |
| 2002-12-31 | $-24.50K | -115.54% |
| 2001-12-31 | $157.60K | +72.30% |
| 2000-12-31 | $91.47K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Nortec Minerals Corp'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 2710531200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $23.02 Million | 20181.09% |
| Other Comprehensive Income | $4.21 Million | 3691.93% |
| Total Equity | $114.05K | 100.00% |
Nortec Minerals Corp Competitors by Market Cap
The table below lists competitors of Nortec Minerals Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TEMPEST THERAP. DL-01
F:3OS
|
$56.81K |
|
Telestrada SA
WAR:TLS
|
$56.82K |
|
Multitude AG
XETRA:MULT
|
$56.87K |
|
Branded Legacy Inc
PINK:BLEG
|
$56.91K |
|
Cerillion PLC
LSE:CER
|
$56.78K |
|
FERRAGAMO - Dusseldorf Stock Exchang
DU:S9L
|
$56.73K |
|
TOTS3F
SA:TOTS3F
|
$56.68K |
|
BLOOBER TEAM ZY-01
F:6BO
|
$56.59K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nortec Minerals Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -38,648 to 114,053, a change of 152,701.
- Net income of 154,264 contributed positively to equity growth.
- Other comprehensive income decreased equity by 1,563.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $154.26K | +135.26% |
| Other Comprehensive Income | $-1.56K | -1.37% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Nortec Minerals Corp'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: 0.75x
- 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 0.00x to 0.75x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-12-31 | $1.10 | $0.00 | x |
| 2001-12-31 | $2.71 | $0.00 | x |
| 2002-12-31 | $-0.29 | $0.00 | x |
| 2003-12-31 | $0.29 | $0.00 | x |
| 2004-12-31 | $1.14 | $0.00 | x |
| 2005-12-31 | $1.91 | $0.00 | x |
| 2006-12-31 | $2.53 | $0.00 | x |
| 2007-12-31 | $3.72 | $0.00 | x |
| 2008-12-31 | $3.21 | $0.00 | x |
| 2009-12-31 | $2.95 | $0.00 | x |
| 2010-12-31 | $2.47 | $0.00 | x |
| 2011-12-31 | $2.58 | $0.00 | x |
| 2012-12-31 | $1.22 | $0.00 | x |
| 2013-12-31 | $1.25 | $0.00 | x |
| 2014-12-31 | $0.36 | $0.00 | x |
| 2015-12-31 | $0.02 | $0.00 | x |
| 2016-12-31 | $0.09 | $0.00 | x |
| 2017-12-31 | $0.12 | $0.00 | x |
| 2018-12-31 | $0.11 | $0.00 | x |
| 2019-12-31 | $0.14 | $0.00 | x |
| 2020-12-31 | $0.14 | $0.00 | x |
| 2021-12-31 | $-0.02 | $0.00 | x |
| 2022-12-31 | $0.00 | $0.00 | x |
| 2023-12-31 | $0.00 | $0.00 | x |
| 2024-12-31 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nortec Minerals Corp 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): 135.26%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 4.44x
- Recent ROE (135.26%) is above the historical average (-100.88%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | -9.32% | 0.00% | 0.00x | 1.23x | $-17.68K |
| 2001 | -83.82% | 0.00% | 0.00x | 1.02x | $-147.87K |
| 2002 | 0.00% | 0.00% | 0.00x | 0.00x | $-179.65K |
| 2003 | -107.66% | 0.00% | 0.00x | 4.56x | $-28.61K |
| 2004 | -26.99% | 0.00% | 0.00x | 1.25x | $-176.80K |
| 2005 | -29.51% | 0.00% | 0.00x | 1.32x | $-547.60K |
| 2006 | -10.93% | 0.00% | 0.00x | 1.03x | $-557.19K |
| 2007 | -11.28% | 0.00% | 0.00x | 1.01x | $-1.37 Million |
| 2008 | -36.25% | 0.00% | 0.00x | 1.04x | $-3.21 Million |
| 2009 | -34.34% | 0.00% | 0.00x | 1.07x | $-3.76 Million |
| 2010 | -17.30% | 0.00% | 0.00x | 1.03x | $-2.58 Million |
| 2011 | 9.79% | 0.00% | 0.00x | 1.04x | $-24.13K |
| 2012 | -107.09% | 0.00% | 0.00x | 1.64x | $-6.56 Million |
| 2013 | -10.35% | 0.00% | 0.00x | 1.55x | $-1.19 Million |
| 2014 | -106.61% | 0.00% | 0.00x | 4.51x | $-1.94 Million |
| 2015 | -1300.15% | 0.00% | 0.00x | 2.47x | $-1.82 Million |
| 2016 | -15.69% | 0.00% | 0.00x | 1.35x | $-162.11K |
| 2017 | -29.21% | 0.00% | 0.00x | 1.06x | $-483.23K |
| 2018 | -27.94% | 0.00% | 0.00x | 1.17x | $-588.29K |
| 2019 | -13.96% | 0.00% | 0.00x | 1.54x | $-502.92K |
| 2020 | -9.48% | 0.00% | 0.00x | 1.35x | $-472.53K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $182.57K |
| 2022 | -679.07% | 0.00% | 0.00x | 4.47x | $-911.56K |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-323.14K |
| 2024 | 135.26% | 0.00% | 0.00x | 4.44x | $142.86K |
Industry Comparison
This section compares Nortec Minerals Corp'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 |
|---|---|---|---|---|
| Nortec Minerals Corp (NMNZF) | $-37.99K | -9.32% | N/A | $56.78K |
| 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 |