Portex Minerals Inc
Portex Minerals Inc. focuses on the procurement of platinum grade metals through the processing of catalytic converters. The company was formerly known as Strategic Resource Acquisition Corporation and changed its name to Portex Minerals Inc. in April 2011. Portex Minerals Inc. was incorporated in 2006 and is headquartered in Toronto, Canada.
Portex Minerals Inc (STACF) - Net Assets
Latest net assets as of March 2016: $-476.50K USD
Based on the latest financial reports, Portex Minerals Inc (STACF) has net assets worth $-476.50K USD as of March 2016.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($42.06K) and total liabilities ($518.56K). 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 | $-476.50K |
| % of Total Assets | -1132.99% |
| Annual Growth Rate | N/A |
| 5-Year Change | -381.74% |
| 10-Year Change | N/A |
| Growth Volatility | 316.25 |
Portex Minerals Inc - Net Assets Trend (2007–2015)
This chart illustrates how Portex 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 Portex Minerals Inc (2007–2015)
The table below shows the annual net assets of Portex Minerals Inc from 2007 to 2015.
| Year | Net Assets | Change |
|---|---|---|
| 2015-09-30 | $-2.06 Million | -719.02% |
| 2014-09-30 | $333.31K | +28.88% |
| 2013-09-30 | $258.62K | -17.96% |
| 2012-09-30 | $315.21K | -56.96% |
| 2011-09-30 | $732.31K | +434.48% |
| 2010-09-30 | $137.01K | -47.49% |
| 2009-09-30 | $260.94K | +100.45% |
| 2008-09-30 | $-57.61 Million | -178.75% |
| 2007-09-30 | $73.16 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Portex 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 1374267200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2015)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $10.84 Million | % |
| Other Components | $836.79K | % |
| Total Equity | $-2.06 Million | 100.00% |
Portex Minerals Inc Competitors by Market Cap
The table below lists competitors of Portex Minerals Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Outback Oil & Mineral Exploration Corp
PINK:OUTB
|
$0.96 |
|
Hawk Systems Inc
PINK:HWSY
|
$0.96 |
|
Morgan & Co Made In Zimbabwe Exchange Traded Fund
XZIM:MIZ
|
$0.96 |
|
Bassline Productions
PINK:BSSP
|
$0.96 |
|
Sphere Resources Inc
PINK:SPHUF
|
$0.96 |
|
StarTronix International Inc
OTCGREY:STNX
|
$0.96 |
|
Orpheum Property Inc
PINK:PLFF
|
$0.96 |
|
Beard Co
PINK:BRCOQ
|
$0.96 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Portex Minerals Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2014 to 2015, total equity changed from 333,309 to -2,063,244, a change of -2,396,553 (-719.0%).
- Net loss of 2,520,203 reduced equity.
- Other factors increased equity by 123,650.
Equity Change Factors (2014 to 2015)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.52 Million | -122.15% |
| Other Changes | $123.65K | +5.99% |
| Total Change | $- | -719.02% |
Book Value vs Market Value Analysis
This analysis compares Portex 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.
Insufficient data available to analyze book value vs market value.
Capital Efficiency Dashboard
This dashboard shows how efficiently Portex 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): 0.00%
- 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: 0.00x
- Recent ROE (0.00%) is above the historical average (-326.75%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 0.00% | 0.00% | 0.00x | 1.90x | $-7.32 Million |
| 2008 | 0.00% | 0.00% | 0.07x | 0.00x | $0.00 |
| 2009 | 0.00% | 0.00% | 1.81x | 1.63x | $-26.09K |
| 2010 | 0.00% | 0.00% | 0.00x | 3.84x | $-13.70K |
| 2011 | 0.00% | 0.00% | 0.00x | 1.42x | $-73.23K |
| 2012 | -476.17% | 0.00% | 0.00x | 6.13x | $-1.53 Million |
| 2013 | -438.59% | 0.00% | 0.00x | 5.16x | $-1.16 Million |
| 2014 | -2025.96% | 0.00% | 0.00x | 6.95x | $-6.79 Million |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.31 Million |
Industry Comparison
This section compares Portex 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 |
|---|---|---|---|---|
| Portex Minerals Inc (STACF) | $-476.50K | 0.00% | N/A | $0.96 |
| 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 |