Varca Ventures Inc
Varca Ventures, Inc., an exploration stage company, engages in the acquisition and exploration of mineral properties. It owns interest in the Idaho property that comprises 15 patented lode mining claims covering approximately 141.5 acres located in La Plata County, Colorado; and the Mayday property, which consists of 12 patented lode mining claims covering approximately 151 acres in La Plata Coun… Read more
Varca Ventures Inc (VRCV) - Net Assets
Latest net assets as of August 2012: $-1.41 Million USD
Based on the latest financial reports, Varca Ventures Inc (VRCV) has net assets worth $-1.41 Million USD as of August 2012.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.05 Million) and total liabilities ($2.46 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 | $-1.41 Million |
| % of Total Assets | -135.11% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Varca Ventures Inc - Net Assets Trend (2010–2012)
This chart illustrates how Varca Ventures 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 Varca Ventures Inc (2010–2012)
The table below shows the annual net assets of Varca Ventures Inc from 2010 to 2012.
| Year | Net Assets | Change |
|---|---|---|
| 2012-02-29 | $-477.45K | +78.55% |
| 2011-02-28 | $-2.23 Million | -1039.85% |
| 2010-02-28 | $-195.32K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Varca Ventures 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 386764900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (February 2012)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $7.02K | % |
| Other Components | $5.64 Million | % |
| Total Equity | $-477.45K | 100.00% |
Varca Ventures Inc Competitors by Market Cap
The table below lists competitors of Varca Ventures Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
WU BA Superior Products Holding Group Inc
PINK:WBWB
|
$2.95 |
|
Primemd Inc
PINK:PRMD
|
$2.96 |
|
Lehman Brothers Holdings Capital Trust VI
PINK:LEHNQ
|
$2.96 |
|
Borneo Resource Investments Ltd
PINK:BRNE
|
$2.96 |
|
LEHMAN BROS HLDGS CAP TST V
PINK:LHHMQ
|
$2.93 |
|
STACO INSURANCE PLC
XNSA:STACO
|
$2.93 |
|
The Rowe Companies Inc
PINK:ROWC
|
$2.93 |
|
Rimrock Gold Corp
PINK:RMRK
|
$2.92 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Varca Ventures Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2011 to 2012, total equity changed from 25,114 to -477,455, a change of -502,569 (-2001.2%).
- Net loss of 2,404,209 reduced equity.
- Share repurchases of 76,336,383 reduced equity.
- Other factors increased equity by 78,238,023.
Equity Change Factors (2011 to 2012)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.40 Million | -503.55% |
| Share Repurchases | $76.34 Million | -15988.18% |
| Other Changes | $78.24 Million | +16386.47% |
| Total Change | $- | -2001.15% |
Book Value vs Market Value Analysis
This analysis compares Varca Ventures 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-02-28 | $-0.22 | $0.00 | x |
| 2011-02-28 | $0.02 | $0.00 | x |
| 2012-02-29 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Varca Ventures 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 (-35.12%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 0.00% | 0.00% | 0.00x | 0.00x | $12.29K |
| 2011 | -70.24% | 0.00% | 0.00x | 1.00x | $-20.15K |
| 2011 | -70.24% | 0.00% | 0.00x | 1.00x | $-20.15K |
| 2012 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.36 Million |
Industry Comparison
This section compares Varca Ventures 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 |
|---|---|---|---|---|
| Varca Ventures Inc (VRCV) | $-1.41 Million | 0.00% | N/A | $2.94 |
| 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 |