Armor Minerals Inc
Armor Minerals Inc. acquires and explores for mineral properties in Canada. The company was formerly known as Rio Cristal Resources Corporation and changed its name to Armor Minerals Inc. in May 2015. Armor Minerals Inc. was incorporated in 2006 and is headquartered in Vancouver, Canada.
Armor Minerals Inc (RCZRF) - Net Assets
Latest net assets as of March 2025: $2.73 Million USD
Based on the latest financial reports, Armor Minerals Inc (RCZRF) has net assets worth $2.73 Million USD as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.74 Million) and total liabilities ($16.38K). 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 | $2.73 Million |
| % of Total Assets | 99.4% |
| Annual Growth Rate | 16.67% |
| 5-Year Change | 48.11% |
| 10-Year Change | 3548.02% |
| Growth Volatility | 259.94 |
Armor Minerals Inc - Net Assets Trend (2009–2025)
This chart illustrates how Armor Minerals 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 Armor Minerals Inc (2009–2025)
The table below shows the annual net assets of Armor Minerals Inc from 2009 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | $2.73 Million | +0.29% |
| 2024-03-31 | $2.72 Million | +0.31% |
| 2023-03-31 | $2.71 Million | -5.76% |
| 2022-03-31 | $2.88 Million | +56.23% |
| 2021-03-31 | $1.84 Million | +386.88% |
| 2020-03-31 | $378.37K | -39.06% |
| 2019-03-31 | $620.88K | +19.83% |
| 2018-03-31 | $518.14K | -12.81% |
| 2017-03-31 | $594.24K | +694.50% |
| 2016-03-31 | $74.80K | +103.83% |
| 2015-03-31 | $-1.95 Million | -26.58% |
| 2014-03-31 | $-1.54 Million | -68.14% |
| 2013-03-31 | $-917.58K | -149.82% |
| 2012-03-31 | $1.84 Million | -70.32% |
| 2011-03-31 | $6.21 Million | +616.20% |
| 2010-03-31 | $866.65K | +274.26% |
| 2009-03-31 | $231.56K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Armor Minerals 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 3184406700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $31.72 Million | 1162.54% |
| Other Comprehensive Income | $2.85 Million | 104.53% |
| Total Equity | $2.73 Million | 100.00% |
Armor Minerals Inc Competitors by Market Cap
The table below lists competitors of Armor Minerals Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AlphaVest Acquisition Corp Right
NASDAQ:ATMVR
|
$809.00K |
|
Romios Gold Resources Inc
PINK:RMIOF
|
$809.55K |
|
BrightBid Group AB (publ)
ST:PERP-B
|
$809.92K |
|
THEMAC RESOURCES
MU:6TH
|
$810.17K |
|
Global Energy Ventures Ltd
PINK:GBBLF
|
$808.34K |
|
Melon SA
SN:MELON
|
$807.45K |
|
Scanway SA
WAR:SCW
|
$807.06K |
|
APPLIED OPTOELECTR
F:A59
|
$806.82K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Armor Minerals Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,720,706 to 2,728,539, a change of 7,833 (0.3%).
- Net income of 7,833 contributed positively to equity growth.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $7.83K | +0.29% |
| Total Change | $- | 0.29% |
Book Value vs Market Value Analysis
This analysis compares Armor Minerals 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: 5.24x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-03-31 | $0.00 | $0.19 | x |
| 2010-03-31 | $0.00 | $0.19 | x |
| 2011-03-31 | $0.00 | $0.19 | x |
| 2012-03-31 | $0.00 | $0.19 | x |
| 2013-03-31 | $0.00 | $0.19 | x |
| 2014-03-31 | $-0.92 | $0.19 | x |
| 2015-03-31 | $-1.13 | $0.19 | x |
| 2016-03-31 | $0.00 | $0.19 | x |
| 2017-03-31 | $0.01 | $0.19 | x |
| 2018-03-31 | $0.01 | $0.19 | x |
| 2019-03-31 | $0.01 | $0.19 | x |
| 2020-03-31 | $0.01 | $0.19 | x |
| 2021-03-31 | $0.03 | $0.19 | x |
| 2022-03-31 | $0.04 | $0.19 | x |
| 2023-03-31 | $0.04 | $0.19 | x |
| 2024-03-31 | $0.04 | $0.19 | x |
| 2025-03-31 | $0.04 | $0.19 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Armor Minerals 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): 0.29%
- 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: 1.01x
- Recent ROE (0.29%) is above the historical average (-4.44%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 0.00% | 0.00% | 0.00x | 2.45x | $-23.16K |
| 2010 | 0.00% | 0.00% | 0.00x | 1.77x | $-86.67K |
| 2011 | 0.00% | 0.00% | 0.00x | 1.06x | $-620.70K |
| 2012 | 0.00% | 0.00% | 0.00x | 1.25x | $-184.19K |
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | $0.00 |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-392.43K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $39.91K |
| 2016 | 119.72% | 0.00% | 0.00x | 2.02x | $82.07K |
| 2017 | -79.83% | 0.00% | 0.00x | 1.11x | $-533.81K |
| 2018 | -14.59% | 0.00% | 0.00x | 1.08x | $-127.41K |
| 2019 | -22.11% | 0.00% | 0.00x | 1.15x | $-199.36K |
| 2020 | -64.09% | 0.00% | 0.00x | 1.07x | $-280.34K |
| 2021 | -5.23% | 0.00% | 0.00x | 1.01x | $-280.62K |
| 2022 | -3.81% | 0.00% | 0.00x | 1.01x | $-397.55K |
| 2023 | -6.11% | 0.00% | 0.00x | 1.01x | $-437.04K |
| 2024 | 0.31% | 0.00% | 0.00x | 1.01x | $-263.72K |
| 2025 | 0.29% | 0.00% | 0.00x | 1.01x | $-265.02K |
Industry Comparison
This section compares Armor Minerals 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: $2,860,622,178
- Average return on equity (ROE) among peers: -17.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Armor Minerals Inc (RCZRF) | $2.73 Million | 0.00% | 0.01x | $808.56K |
| Asia Broadband Inc (AABB) | $-613.21K | 0.00% | 0.00x | $228.68 |
| Altair Resources Inc (AAEEF) | $-1.37 Million | 0.00% | 0.00x | $165.38K |
| Aftermath Silver Ltd (AAGFF) | $18.53 Million | -47.33% | 0.52x | $99.81 Million |
| Anglo American plc (AAUKF) | $28.53 Billion | -10.75% | 1.27x | $26.36 Billion |
| Abacus Mining & Exploration Corporation (ABCFF) | $-12.92 Million | 0.00% | 0.00x | $1.95 Million |
| Vision Lithium Inc (ABEPF) | $526.04K | -142.32% | 1.21x | $3.75 Million |
| Arbor Metals Corp (ABRMF) | $584.31K | -19.85% | 0.08x | $3.05 Million |
| ACG Metals Limited (ACGAF) | $58.31 Million | -22.45% | 2.63x | $121.32 Million |
| ACME Lithium Inc (ACLHF) | $-375.11K | 0.00% | 0.00x | $561.74K |
| ACMNF (ACMNF) | $10.55 Million | 67.11% | 0.22x | $14.34 Million |