Almaden Minerals Ltd (AMM) - Net Assets
Based on the latest financial reports, Almaden Minerals Ltd (AMM) has net assets worth CA$1.76 Million CAD (≈ $1.27 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$19.38 Million ≈ $14.02 Million USD) and total liabilities (CA$17.63 Million ≈ $12.75 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 AMM cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$1.76 Million |
| % of Total Assets | 9.06% |
| Annual Growth Rate | -1.92% |
| 5-Year Change | -95.85% |
| 10-Year Change | -91.8% |
| Growth Volatility | 38.68 |
Almaden Minerals Ltd - Net Assets Trend (2000–2024)
This chart illustrates how Almaden Minerals Ltd's net assets have evolved over time, based on quarterly financial data. Also explore AMM asset base for the complete picture of this company's asset base.
Annual Net Assets for Almaden Minerals Ltd (2000–2024)
The table below shows the annual net assets of Almaden Minerals Ltd from 2000 to 2024. For live valuation and market cap data, see AMM company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$2.95 Million ≈ $2.14 Million |
-57.87% |
| 2023-12-31 | CA$7.01 Million ≈ $5.07 Million |
-89.97% |
| 2022-12-31 | CA$69.82 Million ≈ $50.50 Million |
-12.93% |
| 2021-12-31 | CA$80.18 Million ≈ $58.00 Million |
+12.65% |
| 2020-12-31 | CA$71.18 Million ≈ $51.49 Million |
+3.78% |
| 2019-12-31 | CA$68.59 Million ≈ $49.61 Million |
-3.90% |
| 2018-12-31 | CA$71.37 Million ≈ $51.62 Million |
+10.25% |
| 2017-12-31 | CA$64.73 Million ≈ $46.82 Million |
+43.14% |
| 2016-12-31 | CA$45.22 Million ≈ $32.71 Million |
+25.67% |
| 2015-12-31 | CA$35.98 Million ≈ $26.03 Million |
-9.22% |
| 2014-12-31 | CA$39.64 Million ≈ $28.67 Million |
-17.24% |
| 2013-12-31 | CA$47.89 Million ≈ $34.64 Million |
-0.38% |
| 2012-12-31 | CA$48.07 Million ≈ $34.77 Million |
-9.88% |
| 2011-12-31 | CA$53.34 Million ≈ $38.59 Million |
+49.44% |
| 2010-12-31 | CA$35.69 Million ≈ $25.82 Million |
+41.81% |
| 2009-12-31 | CA$25.17 Million ≈ $18.21 Million |
+4.59% |
| 2008-12-31 | CA$24.07 Million ≈ $17.41 Million |
-11.72% |
| 2007-12-31 | CA$27.26 Million ≈ $19.72 Million |
-2.53% |
| 2006-12-31 | CA$27.97 Million ≈ $20.23 Million |
+77.02% |
| 2005-12-31 | CA$15.80 Million ≈ $11.43 Million |
+61.95% |
| 2004-12-31 | CA$9.76 Million ≈ $7.06 Million |
-0.99% |
| 2003-12-31 | CA$9.85 Million ≈ $7.13 Million |
+90.19% |
| 2002-12-31 | CA$5.18 Million ≈ $3.75 Million |
-11.26% |
| 2001-12-31 | CA$5.84 Million ≈ $4.22 Million |
+24.10% |
| 2000-12-31 | CA$4.71 Million ≈ $3.40 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Almaden Minerals Ltd'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 15292360900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$164.40 Million | 5569.40% |
| Total Equity | CA$2.95 Million | 100.00% |
Almaden Minerals Ltd Competitors by Market Cap
The table below lists competitors of Almaden Minerals Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kim Teck Cheong Consolidated Bhd
KLSE:0180
|
$24.82 Million |
|
Jasa Kita Bhd
KLSE:8648
|
$24.83 Million |
|
Fuji Finance Indonesia Tbk PT
JK:FUJI
|
$24.83 Million |
|
CJ Century Logistics Holdings Bhd
KLSE:7117
|
$24.84 Million |
|
Grand Kartech Tbk
JK:KRAH
|
$24.81 Million |
|
Hankook Cosmetics Manufacturing Co Ltd
KO:003350
|
$24.81 Million |
|
Canadian North Resources Inc.
V:CNRI
|
$24.81 Million |
|
U.C.A. AG O.N.
F:UCA1
|
$24.81 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Almaden Minerals Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 7,005,595 to 2,951,792, a change of -4,053,803 (-57.9%).
- Net loss of 2,875,061 reduced equity.
- Other comprehensive income decreased equity by 23,356,523.
- Other factors increased equity by 22,177,781.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-2.88 Million | -97.4% |
| Other Comprehensive Income | CA$-23.36 Million | -791.27% |
| Other Changes | CA$22.18 Million | +751.33% |
| Total Change | CA$- | -57.87% |
Book Value vs Market Value Analysis
This analysis compares Almaden Minerals Ltd'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: 11.62x
- 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 increased from 0.67x to 11.62x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-12-31 | CA$0.37 | CA$0.25 | x |
| 2001-12-31 | CA$0.45 | CA$0.25 | x |
| 2002-12-31 | CA$0.27 | CA$0.25 | x |
| 2003-12-31 | CA$0.39 | CA$0.25 | x |
| 2004-12-31 | CA$0.30 | CA$0.25 | x |
| 2005-12-31 | CA$0.49 | CA$0.25 | x |
| 2006-12-31 | CA$0.68 | CA$0.25 | x |
| 2007-12-31 | CA$0.62 | CA$0.25 | x |
| 2008-12-31 | CA$0.54 | CA$0.25 | x |
| 2009-12-31 | CA$0.55 | CA$0.25 | x |
| 2010-12-31 | CA$0.70 | CA$0.25 | x |
| 2011-12-31 | CA$0.89 | CA$0.25 | x |
| 2012-12-31 | CA$0.81 | CA$0.25 | x |
| 2013-12-31 | CA$0.77 | CA$0.25 | x |
| 2014-12-31 | CA$0.60 | CA$0.25 | x |
| 2015-12-31 | CA$0.49 | CA$0.25 | x |
| 2016-12-31 | CA$0.55 | CA$0.25 | x |
| 2017-12-31 | CA$0.68 | CA$0.25 | x |
| 2018-12-31 | CA$0.66 | CA$0.25 | x |
| 2019-12-31 | CA$0.61 | CA$0.25 | x |
| 2020-12-31 | CA$0.61 | CA$0.25 | x |
| 2021-12-31 | CA$0.60 | CA$0.25 | x |
| 2022-12-31 | CA$0.51 | CA$0.25 | x |
| 2023-12-31 | CA$0.05 | CA$0.25 | x |
| 2024-12-31 | CA$0.02 | CA$0.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Almaden Minerals Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -97.40%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 3.99x
- Recent ROE (-97.40%) is below the historical average (-54.21%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | -59.39% | -13320.71% | 0.00x | 1.02x | CA$-3.27 Million |
| 2001 | -11.13% | -2128.81% | 0.00x | 1.08x | CA$-1.23 Million |
| 2002 | -58.59% | -2477.62% | 0.02x | 1.09x | CA$-3.55 Million |
| 2003 | -13.46% | -1203.22% | 0.01x | 1.05x | CA$-2.31 Million |
| 2004 | -31.42% | -1262.18% | 0.02x | 1.05x | CA$-4.04 Million |
| 2005 | -6.93% | -94.48% | 0.07x | 1.04x | CA$-2.68 Million |
| 2006 | -15.26% | -510.05% | 0.03x | 1.03x | CA$-7.07 Million |
| 2007 | -3.85% | -139.42% | 0.03x | 1.03x | CA$-3.78 Million |
| 2008 | -16.46% | -468.39% | 0.03x | 1.01x | CA$-6.37 Million |
| 2009 | -8.71% | -89.85% | 0.10x | 1.02x | CA$-4.71 Million |
| 2010 | -9.71% | -1774.14% | 0.01x | 1.02x | CA$-7.03 Million |
| 2011 | 13.68% | 8380.27% | 0.00x | 1.01x | CA$1.96 Million |
| 2012 | -21.30% | -8134088.35% | 0.00x | 1.02x | CA$-15.05 Million |
| 2013 | -13.27% | -11565882.46% | 0.00x | 1.02x | CA$-11.15 Million |
| 2014 | -37.80% | 0.00% | 0.00x | 1.06x | CA$-18.95 Million |
| 2015 | -3.18% | -377.23% | 0.01x | 1.06x | CA$-4.74 Million |
| 2016 | -8.90% | 0.00% | 0.00x | 1.05x | CA$-8.55 Million |
| 2017 | -8.08% | 0.00% | 0.00x | 1.03x | CA$-11.70 Million |
| 2018 | -4.92% | 0.00% | 0.00x | 1.04x | CA$-10.65 Million |
| 2019 | -5.85% | 0.00% | 0.00x | 1.08x | CA$-10.87 Million |
| 2020 | -4.93% | 0.00% | 0.00x | 1.07x | CA$-10.63 Million |
| 2021 | -3.33% | 0.00% | 0.00x | 1.09x | CA$-10.69 Million |
| 2022 | -16.97% | 0.00% | 0.00x | 1.12x | CA$-18.83 Million |
| 2023 | -908.13% | 0.00% | 0.00x | 1.81x | CA$-64.32 Million |
| 2024 | -97.40% | 0.00% | 0.00x | 3.99x | CA$-3.17 Million |
Industry Comparison
This section compares Almaden Minerals Ltd's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $3,926,125,668
- Average return on equity (ROE) among peers: -17.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Almaden Minerals Ltd (AMM) | CA$1.76 Million | -59.39% | 10.03x | $24.82 Million |
| Allied Gold Corporation (AAUC) | $111.36 Million | -6.66% | 4.92x | $3.60 Billion |
| Abcourt Mines Inc. (ABI) | $25.14 Million | 6.90% | 0.34x | $86.06 Million |
| Barrick Gold Corp (ABX) | $32.31 Billion | 6.26% | 0.45x | $63.93 Billion |
| American Eagle Gold Corp (AE) | $3.09 Million | -121.24% | 0.18x | $138.81 Million |
| Agnico Eagle Mines Limited (AEM) | $152.14 Million | 0.14% | 0.98x | $90.48 Billion |
| Alamos Gold Inc (AGI) | $2.74 Billion | -2.44% | 0.32x | $16.27 Billion |
| AIS Resources Ltd (AIS) | $710.09K | -3.25% | 0.03x | $1.76 Million |
| Alliance Mining Corp (ALM) | $-1.62 Million | 0.00% | 0.00x | $1.58 Million |
| Altamira Gold Corp (ALTA) | $1.70 Million | -35.22% | 0.08x | $38.60 Million |
About Almaden Minerals Ltd
Almaden Minerals Ltd., an exploration stage company, engages in the acquisition, exploration, evaluation, and development of mineral properties in Mexico. The company's principal asset is the Ixtaca Gold-Silver Project located in Puebla State, Mexico. Almaden Minerals Ltd. was incorporated in 1980 and is headquartered in Vancouver, Canada.