Altius Minerals Corporation (ALS) - Net Assets

Latest as of September 2025: CA$859.52 Million CAD ≈ $621.76 Million USD

Based on the latest financial reports, Altius Minerals Corporation (ALS) has net assets worth CA$859.52 Million CAD (≈ $621.76 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$1.01 Billion ≈ $734.18 Million USD) and total liabilities (CA$155.40 Million ≈ $112.42 Million USD). 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. Also explore total assets of Altius Minerals Corporation for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CA$859.52 Million
% of Total Assets	84.69%
Annual Growth Rate	30.27%
5-Year Change	48.8%
10-Year Change	78.36%
Growth Volatility	80.46

Altius Minerals Corporation - Net Assets Trend (1998–2024)

This chart illustrates how Altius Minerals Corporation's net assets have evolved over time, based on quarterly financial data. For live valuation and market cap data, see how much is Altius Minerals Corporation worth.

Annual Net Assets for Altius Minerals Corporation (1998–2024)

The table below shows the annual net assets of Altius Minerals Corporation from 1998 to 2024. Explore ALS cash generation efficiency to assess how effectively this company generates cash.

Year	Net Assets	Change
2024-12-31	CA$571.13 Million ≈ $413.15 Million	-6.76%
2023-12-31	CA$612.54 Million ≈ $443.10 Million	+0.61%
2022-12-31	CA$608.81 Million ≈ $440.40 Million	+15.09%
2021-12-31	CA$528.98 Million ≈ $382.66 Million	+37.82%
2020-12-31	CA$383.82 Million ≈ $277.65 Million	-4.03%
2019-12-31	CA$399.96 Million ≈ $289.33 Million	+4.09%
2018-12-31	CA$384.26 Million ≈ $277.97 Million	-3.95%
2017-12-31	CA$400.06 Million ≈ $289.39 Million	+26.81%
2016-12-31	CA$315.47 Million ≈ $228.20 Million	-1.48%
2015-12-31	CA$320.21 Million ≈ $231.64 Million	+22.79%
2014-12-31	CA$260.77 Million ≈ $188.64 Million	+7.75%
2013-12-31	CA$242.01 Million ≈ $175.07 Million	-7.10%
2012-12-31	CA$260.50 Million ≈ $188.44 Million	-7.69%
2011-12-31	CA$282.19 Million ≈ $204.14 Million	-4.46%
2010-12-31	CA$295.36 Million ≈ $213.66 Million	+36.69%
2009-12-31	CA$216.08 Million ≈ $156.31 Million	+15.54%
2008-12-31	CA$187.01 Million ≈ $135.28 Million	-9.35%
2007-12-31	CA$206.30 Million ≈ $149.23 Million	+82.26%
2006-12-31	CA$113.19 Million ≈ $81.88 Million	+85.34%
2005-12-31	CA$61.07 Million ≈ $44.18 Million	+168.61%
2004-12-31	CA$22.74 Million ≈ $16.45 Million	+62.57%
2003-12-31	CA$13.99 Million ≈ $10.12 Million	+393.51%
2002-12-31	CA$2.83 Million ≈ $2.05 Million	+49.62%
2001-12-31	CA$1.89 Million ≈ $1.37 Million	+52.92%
2000-12-31	CA$1.24 Million ≈ $895.97K	+40.52%
1999-12-31	CA$881.42K ≈ $637.61K	+49.48%
1998-12-31	CA$589.66K ≈ $426.55K	--

Equity Component Analysis

This analysis shows how different components contribute to Altius Minerals Corporation'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 grown by 8216770200.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	CA$81.81 Million	14.58%
Common Stock	CA$353.01 Million	62.91%
Other Comprehensive Income	CA$119.05 Million	21.21%
Other Components	CA$7.30 Million	1.30%
Total Equity	CA$561.18 Million	100.00%

Altius Minerals Corporation Competitors by Market Cap

The table below lists competitors of Altius Minerals Corporation ranked by their market capitalization.

Company	Market Cap
Guangdong Baolihua New Energy Stock Co LTD SHE:000690	$1.68 Billion
PT Super Bank Indonesia Tbk JK:SUPA	$1.68 Billion
Aether Industries Limited NSE:AETHER	$1.68 Billion
LMW Limited NSE:LMW	$1.68 Billion
Bird Construction Inc. TO:BDT	$1.68 Billion
Yinbang Clad Material SHE:300337	$1.68 Billion
Okeanis Eco Tankers Corp. NYSE:ECO	$1.68 Billion
Beijer Alma AB (publ) ST:BEIA-B	$1.68 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Altius Minerals Corporation's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 488,727,000 to 561,177,000, a change of 72,450,000 (14.8%).
Net income of 100,765,000 contributed positively to equity growth.
Dividend payments of 14,842,000 reduced retained earnings.
Share repurchases of 16,196,000 reduced equity.
New share issuances of 1,062,000 increased equity.
Other comprehensive income increased equity by 10,408,000.
Other factors decreased equity by 8,747,000.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CA$100.77 Million	+17.96%
Dividends Paid	CA$14.84 Million	-2.64%
Share Repurchases	CA$16.20 Million	-2.89%
Share Issuances	CA$1.06 Million	+0.19%
Other Comprehensive Income	CA$10.41 Million	+1.85%
Other Changes	CA$-8.75 Million	-1.56%
Total Change	CA$-	14.82%

Book Value vs Market Value Analysis

This analysis compares Altius Minerals Corporation'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: 4.26x
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 decreased from 761.85x to 4.26x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
1998-12-31	CA$0.07	CA$50.20	x
1999-12-31	CA$0.08	CA$50.20	x
2000-12-31	CA$0.11	CA$50.20	x
2001-12-31	CA$0.17	CA$50.20	x
2002-12-31	CA$0.16	CA$50.20	x
2003-12-31	CA$0.68	CA$50.20	x
2004-12-31	CA$0.83	CA$50.20	x
2005-12-31	CA$2.04	CA$50.20	x
2006-12-31	CA$3.86	CA$50.20	x
2007-12-31	CA$6.77	CA$50.20	x
2008-12-31	CA$6.34	CA$50.20	x
2009-12-31	CA$7.52	CA$50.20	x
2010-12-31	CA$10.04	CA$50.20	x
2011-12-31	CA$9.73	CA$50.20	x
2012-12-31	CA$9.08	CA$50.20	x
2013-12-31	CA$8.62	CA$50.20	x
2014-12-31	CA$8.11	CA$50.20	x
2015-12-31	CA$8.04	CA$50.20	x
2016-12-31	CA$7.28	CA$50.20	x
2017-12-31	CA$9.26	CA$50.20	x
2018-12-31	CA$8.56	CA$50.20	x
2019-12-31	CA$8.95	CA$50.20	x
2020-12-31	CA$8.72	CA$50.20	x
2021-12-31	CA$10.16	CA$50.20	x
2022-12-31	CA$10.31	CA$50.20	x
2023-12-31	CA$10.11	CA$50.20	x
2024-12-31	CA$11.79	CA$50.20	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Altius Minerals Corporation 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): 17.96%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 270.33%
• Asset Turnover: 0.05x
• Equity Multiplier: 1.27x
Recent ROE (17.96%) is above the historical average (0.04%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
1998	-45.53%	0.00%	0.00x	1.07x	CA$-327.43K
1999	-35.37%	0.00%	0.00x	1.02x	CA$-399.89K
2000	-27.37%	0.00%	0.00x	1.06x	CA$-462.82K
2001	-18.15%	-976.33%	0.02x	1.02x	CA$-533.08K
2002	-19.26%	-717.10%	0.02x	1.17x	CA$-829.15K
2003	-5.91%	-898.80%	0.01x	1.01x	CA$-2.22 Million
2004	15.60%	1693.14%	0.01x	1.05x	CA$1.27 Million
2005	54.90%	6220.41%	0.01x	1.13x	CA$27.42 Million
2006	46.61%	740.22%	0.04x	1.50x	CA$41.44 Million
2007	5.86%	99.44%	0.05x	1.21x	CA$-8.54 Million
2008	15.24%	303.59%	0.05x	1.01x	CA$9.80 Million
2009	9.70%	661.08%	0.01x	1.03x	CA$-645.20K
2010	24.13%	1255.37%	0.02x	1.08x	CA$41.17 Million
2011	-1.65%	-41.74%	0.04x	1.06x	CA$-32.63 Million
2012	-5.18%	-488.79%	0.01x	1.06x	CA$-39.11 Million
2013	-9.44%	-682.75%	0.01x	1.70x	CA$-46.46 Million
2014	-11.59%	-1126.86%	0.01x	1.36x	CA$-56.29 Million
2015	-12.02%	-343.31%	0.03x	1.29x	CA$-70.46 Million
2016	-20.57%	-257.44%	0.06x	1.33x	CA$-96.41 Million
2017	6.83%	78.84%	0.06x	1.34x	CA$-12.67 Million
2018	0.34%	2.58%	0.09x	1.50x	CA$-35.92 Million
2019	4.54%	28.54%	0.11x	1.47x	CA$-21.05 Million
2020	-7.40%	-44.73%	0.10x	1.62x	CA$-63.15 Million
2021	9.23%	49.00%	0.11x	1.66x	CA$-3.33 Million
2022	7.71%	36.74%	0.13x	1.61x	CA$-11.13 Million
2023	1.95%	13.83%	0.09x	1.58x	CA$-39.34 Million
2024	17.96%	270.33%	0.05x	1.27x	CA$44.65 Million

Industry Comparison

This section compares Altius Minerals Corporation'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: $49,314,810
Average return on equity (ROE) among peers: -11.56%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Altius Minerals Corporation (ALS)	CA$859.52 Million	-45.53%	0.18x	$1.68 Billion
Aftermath Silver Ltd (AAG)	$-553.41K	0.00%	0.00x	$185.75 Million
Aton Resources Inc (AAN)	$-1.13 Million	0.00%	0.00x	$49.79 Million
Arbor Metals Corp (ABR)	$1.00 Million	-16.27%	0.02x	$10.75 Million
Asiabasemetals Inc (ABZ)	$717.72K	-45.73%	0.05x	$4.67 Million
Adex Mining Inc (ADE)	$-30.95 Million	0.00%	0.00x	$27.09 Million
Alphamin Res (AFM)	$367.40 Million	27.47%	0.33x	$1.30 Billion
Silver X Mining Corp (AGX)	$38.37 Million	-47.47%	0.73x	$148.73 Million
Amarc Resources Ltd. (AHR)	$14.00 Million	5.93%	0.01x	$148.33 Million
Almonty Industries Inc (AII)	$39.75 Million	-36.45%	3.85x	$4.73 Billion
Aldebaran Resources Inc (ALDE)	$64.54 Million	-3.09%	0.01x	$332.39 Million

About Altius Minerals Corporation

TO:ALS Canada Other Industrial Metals & Mining

Market Cap

$1.68 Billion

CA$2.32 Billion CAD

Market Cap Rank

#6911 Global

#216 in Canada

Share Price

CA$50.20

Change (1 day)

+1.89%

52-Week Range

CA$25.84 - CA$52.43

All Time High

CA$52.43