Altius Minerals Corporation (ALS) - Net Assets
Based on the latest financial reports, Altius Minerals Corporation (ALS) has net assets worth CA$1.34 Billion CAD (≈ $969.19 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$1.47 Billion ≈ $1.07 Billion USD) and total liabilities (CA$132.97 Million ≈ $96.19 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. Check tangible equity quality of Altius Minerals Corporation to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$1.34 Billion |
| % of Total Assets | 90.97% |
| Annual Growth Rate | 31.17% |
| 5-Year Change | 69.36% |
| 10-Year Change | 183.99% |
| Growth Volatility | 79.0 |
Altius Minerals Corporation - Net Assets Trend (1998–2025)
This chart illustrates how Altius Minerals Corporation's net assets have evolved over time, based on quarterly financial data. See ALS cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Altius Minerals Corporation (1998–2025)
The table below shows the annual net assets of Altius Minerals Corporation from 1998 to 2025. For live valuation and market cap data, see ALS company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CA$895.90 Million ≈ $648.08 Million |
+56.87% |
| 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 |
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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 35066370200.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CA$350.31 Million | 39.53% |
| Common Stock | CA$353.82 Million | 39.93% |
| Other Comprehensive Income | CA$180.41 Million | 20.36% |
| Other Components | CA$1.55 Million | 0.18% |
| Total Equity | CA$886.09 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 |
|---|---|
|
Ningbo Shuanglin Auto Parts
SHE:300100
|
$2.45 Billion |
|
Gansu Shangfeng Cement Co Ltd
SHE:000672
|
$2.45 Billion |
|
Electra Ltd
TA:ELTR
|
$2.45 Billion |
|
Arcplus Group PLC
SHG:600629
|
$2.46 Billion |
|
Simplo Technology Co Ltd
TWO:6121
|
$2.45 Billion |
|
Suzhou Douson Drilling & Production Equipment Co Ltd
SHG:603800
|
$2.45 Billion |
|
TXC Corp
TW:3042
|
$2.45 Billion |
|
DBG Technology Co Ltd Class A
SHE:300735
|
$2.45 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 2024 to 2025, total equity changed from 561,177,000 to 886,090,000, a change of 324,913,000 (57.9%).
- Net income of 298,628,000 contributed positively to equity growth.
- Dividend payments of 16,120,999 reduced retained earnings.
- Share repurchases of 1,561,000 reduced equity.
- Other comprehensive income increased equity by 61,360,000.
- Other factors decreased equity by 17,393,001.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$298.63 Million | +33.7% |
| Dividends Paid | CA$16.12 Million | -1.82% |
| Share Repurchases | CA$1.56 Million | -0.18% |
| Other Comprehensive Income | CA$61.36 Million | +6.92% |
| Other Changes | CA$-17.39 Million | -1.96% |
| Total Change | CA$- | 57.90% |
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: 3.23x
- 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 923.63x to 3.23x 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$60.86 | x |
| 1999-12-31 | CA$0.08 | CA$60.86 | x |
| 2000-12-31 | CA$0.11 | CA$60.86 | x |
| 2001-12-31 | CA$0.17 | CA$60.86 | x |
| 2002-12-31 | CA$0.16 | CA$60.86 | x |
| 2003-12-31 | CA$0.68 | CA$60.86 | x |
| 2004-12-31 | CA$0.83 | CA$60.86 | x |
| 2005-12-31 | CA$2.04 | CA$60.86 | x |
| 2006-12-31 | CA$3.86 | CA$60.86 | x |
| 2007-12-31 | CA$6.77 | CA$60.86 | x |
| 2008-12-31 | CA$6.34 | CA$60.86 | x |
| 2009-12-31 | CA$7.52 | CA$60.86 | x |
| 2010-12-31 | CA$10.04 | CA$60.86 | x |
| 2011-12-31 | CA$9.73 | CA$60.86 | x |
| 2012-12-31 | CA$9.08 | CA$60.86 | x |
| 2013-12-31 | CA$8.62 | CA$60.86 | x |
| 2014-12-31 | CA$8.11 | CA$60.86 | x |
| 2015-12-31 | CA$8.04 | CA$60.86 | x |
| 2016-12-31 | CA$7.28 | CA$60.86 | x |
| 2017-12-31 | CA$9.26 | CA$60.86 | x |
| 2018-12-31 | CA$8.56 | CA$60.86 | x |
| 2019-12-31 | CA$8.95 | CA$60.86 | x |
| 2020-12-31 | CA$8.72 | CA$60.86 | x |
| 2021-12-31 | CA$10.16 | CA$60.86 | x |
| 2022-12-31 | CA$10.31 | CA$60.86 | x |
| 2023-12-31 | CA$10.11 | CA$60.86 | x |
| 2024-12-31 | CA$11.79 | CA$60.86 | x |
| 2025-12-31 | CA$18.81 | CA$60.86 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Altius Minerals Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 33.70%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 736.72%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 1.16x
- Recent ROE (33.70%) is above the historical average (1.25%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | -45.53% | 0.00% | 0.00x | 1.07x | CA$-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 |
| 2025 | 33.70% | 736.72% | 0.04x | 1.16x | CA$210.02 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: $2,278,129
- Average return on equity (ROE) among peers: -49.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Altius Minerals Corporation (ALS) | CA$1.34 Billion | -45.53% | 0.10x | $2.45 Billion |
| Aftermath Silver Ltd (AAG) | $-1.02 Million | 0.00% | 0.00x | $195.23 Million |
| Aton Resources Inc (AAN) | $-9.49 Million | 0.00% | 0.00x | $42.41 Million |
| Arbor Metals Corp (ABR) | $153.43K | -30.35% | 0.39x | $8.19 Million |
| Asiabasemetals Inc (ABZ) | $-251.39K | 0.00% | 0.00x | $3.63 Million |
| Adex Mining Inc (ADE) | $-81.43K | 0.00% | 0.00x | $66.13 Million |
| Alphamin Res (AFM) | $159.81K | -280.73% | 0.49x | $1.30 Billion |
| Silver X Mining Corp (AGX) | $18.71 Million | -66.45% | 1.77x | $138.33 Million |
| Amarc Resources Ltd. (AHR) | $7.22 Million | -119.49% | 0.12x | $159.74 Million |
| Almonty Industries Inc (AII) | $21.18 Million | 0.00% | 0.48x | $5.33 Billion |
| Aldebaran Resources Inc (ALDE) | $-13.79 Million | 0.00% | 0.00x | $425.46 Million |
About Altius Minerals Corporation
Altius Minerals Corporation engages in the mineral and renewable royalties and project generation businesses in Canada, Brazil, and the United States. The company operates in three segments: Mineral Royalties, Renewable Royalties and Project Generation. It owns royalty and streaming interests in 11 operating mines covering copper, nickel, cobalt, lithium, potash, and iron ore. The company is also… Read more