NorthIsle Copper and Gold Inc
NorthIsle Copper and Gold Inc., a junior resources company, engages in the exploration, development, and acquisition of mineral resource properties in Canada. The company explores for copper, gold, molybdenum, and rhenium deposits. Its principal property is the North Island project covering an area of approximately 34,000 hectares located on Northern Vancouver Island, British Columbia. The compan… Read more
NorthIsle Copper and Gold Inc (NTCPF) - Net Assets
Latest net assets as of September 2024: $12.07 Million USD
Based on the latest financial reports, NorthIsle Copper and Gold Inc (NTCPF) has net assets worth $12.07 Million USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($13.95 Million) and total liabilities ($1.88 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 | $12.07 Million |
| % of Total Assets | 86.52% |
| Annual Growth Rate | -0.09% |
| 5-Year Change | 62.68% |
| 10-Year Change | 67.07% |
| Growth Volatility | 16.63 |
NorthIsle Copper and Gold Inc - Net Assets Trend (2011–2023)
This chart illustrates how NorthIsle Copper and Gold 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 NorthIsle Copper and Gold Inc (2011–2023)
The table below shows the annual net assets of NorthIsle Copper and Gold Inc from 2011 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $16.62 Million | +21.88% |
| 2022-12-31 | $13.64 Million | -13.83% |
| 2021-12-31 | $15.83 Million | +22.93% |
| 2020-12-31 | $12.88 Million | +26.01% |
| 2019-12-31 | $10.22 Million | -0.96% |
| 2018-12-31 | $10.32 Million | -0.54% |
| 2017-12-31 | $10.37 Million | +0.29% |
| 2016-12-31 | $10.34 Million | +5.34% |
| 2015-12-31 | $9.82 Million | -1.32% |
| 2014-12-31 | $9.95 Million | +1.12% |
| 2013-12-31 | $9.84 Million | -6.56% |
| 2012-12-31 | $10.53 Million | -37.33% |
| 2011-12-31 | $16.80 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to NorthIsle Copper and Gold 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 3166222800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $44.34 Million | 266.72% |
| Other Components | $4.35 Million | 26.15% |
| Total Equity | $16.62 Million | 100.00% |
NorthIsle Copper and Gold Inc Competitors by Market Cap
The table below lists competitors of NorthIsle Copper and Gold Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Naturelgaz Sanayi ve Ticaret AS
IS:NTGAZ
|
$96.90 Million |
|
Spirox Corp
TW:3055
|
$96.91 Million |
|
Ausnutria Dairy Corporation Ltd
PINK:AUDYF
|
$96.92 Million |
|
Edimax Technology Co Ltd
TW:3047
|
$96.92 Million |
|
EVI INDS INC. DL-025
F:2YE
|
$96.89 Million |
|
Jochu Technology Co Ltd
TW:3543
|
$96.89 Million |
|
Acusensus Ltd
AU:ACE
|
$96.85 Million |
|
Tunas Baru Lampung Tbk
JK:TBLA
|
$96.84 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in NorthIsle Copper and Gold Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 13,640,013 to 16,624,321, a change of 2,984,308 (21.9%).
- Net loss of 5,348,612 reduced equity.
- New share issuances of 8,423,013 increased equity.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-5.35 Million | -32.17% |
| Share Issuances | $8.42 Million | +50.67% |
| Other Changes | $-90.09K | -0.54% |
| Total Change | $- | 21.88% |
Book Value vs Market Value Analysis
This analysis compares NorthIsle Copper and Gold 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: 5.72x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 2.33x to 5.72x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | $0.20 | $0.47 | x |
| 2013-12-31 | $0.17 | $0.47 | x |
| 2014-12-31 | $0.15 | $0.47 | x |
| 2015-12-31 | $0.13 | $0.47 | x |
| 2016-12-31 | $0.12 | $0.47 | x |
| 2017-12-31 | $0.09 | $0.47 | x |
| 2018-12-31 | $0.09 | $0.47 | x |
| 2019-12-31 | $0.09 | $0.47 | x |
| 2020-12-31 | $0.10 | $0.47 | x |
| 2021-12-31 | $0.10 | $0.47 | x |
| 2022-12-31 | $0.07 | $0.47 | x |
| 2023-12-31 | $0.08 | $0.47 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently NorthIsle Copper and Gold 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): -32.17%
- 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 (-32.17%) is below the historical average (-20.57%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | -77.83% | 0.00% | 0.00x | 1.03x | $-9.25 Million |
| 2013 | -7.47% | 0.00% | 0.00x | 1.03x | $-1.72 Million |
| 2014 | -6.79% | 0.00% | 0.00x | 1.03x | $-1.67 Million |
| 2015 | -4.37% | 0.00% | 0.00x | 1.05x | $-1.41 Million |
| 2016 | -5.46% | 0.00% | 0.00x | 1.03x | $-1.60 Million |
| 2017 | -14.54% | 0.00% | 0.00x | 1.03x | $-2.55 Million |
| 2018 | -4.17% | -431.23% | 0.01x | 1.07x | $-1.46 Million |
| 2019 | -2.96% | -717.16% | 0.00x | 1.06x | $-1.32 Million |
| 2020 | -9.26% | -8925.40% | 0.00x | 1.01x | $-2.48 Million |
| 2021 | -33.01% | 0.00% | 0.00x | 1.05x | $-6.81 Million |
| 2022 | -48.85% | 0.00% | 0.00x | 1.23x | $-8.03 Million |
| 2023 | -32.17% | 0.00% | 0.00x | 1.08x | $-7.01 Million |
Industry Comparison
This section compares NorthIsle Copper and Gold 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 |
|---|---|---|---|---|
| NorthIsle Copper and Gold Inc (NTCPF) | $12.07 Million | -77.83% | 0.16x | $96.89 Million |
| 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 |