Ascendant Resources Inc (ASND) - Net Assets

Latest as of December 2024: CA$-16.09 Million CAD ≈ $-11.64 Million USD

Based on the latest financial reports, Ascendant Resources Inc (ASND) has net assets worth CA$-16.09 Million CAD (≈ $-11.64 Million USD) as of December 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$16.74 Million ≈ $12.11 Million USD) and total liabilities (CA$32.84 Million ≈ $23.75 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 ASND asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CA$-16.09 Million
% of Total Assets	-96.12%
Annual Growth Rate	N/A
5-Year Change	-437.05%
10-Year Change	N/A
Growth Volatility	222.18

Ascendant Resources Inc - Net Assets Trend (2007–2024)

This chart illustrates how Ascendant Resources Inc's net assets have evolved over time, based on quarterly financial data. Also explore ASND total asset value for the complete picture of this company's asset base.

Annual Net Assets for Ascendant Resources Inc (2007–2024)

The table below shows the annual net assets of Ascendant Resources Inc from 2007 to 2024. For live valuation and market cap data, see market cap of Ascendant Resources Inc.

Year	Net Assets	Change
2024-12-31	CA$-16.09 Million ≈ $-11.64 Million	-26.19%
2023-12-31	CA$-12.75 Million ≈ $-9.23 Million	-236.52%
2022-12-31	CA$-3.79 Million ≈ $-2.74 Million	-198.21%
2021-12-31	CA$3.86 Million ≈ $2.79 Million	-19.18%
2020-12-31	CA$4.78 Million ≈ $3.45 Million	-70.01%
2019-12-31	CA$15.92 Million ≈ $11.52 Million	-32.61%
2018-12-31	CA$23.62 Million ≈ $17.09 Million	+45.57%
2017-12-31	CA$16.23 Million ≈ $11.74 Million	+44.72%
2016-12-31	CA$11.21 Million ≈ $8.11 Million	+2365.04%
2015-12-31	CA$-495.08K ≈ $-358.13K	+41.68%
2014-12-31	CA$-848.91K ≈ $-614.09K	-204.56%
2013-12-31	CA$811.86K ≈ $587.29K	-83.32%
2012-12-31	CA$4.87 Million ≈ $3.52 Million	-14.65%
2011-12-31	CA$5.70 Million ≈ $4.13 Million	+316.81%
2010-12-31	CA$1.37 Million ≈ $989.90K	+669.29%
2009-12-31	CA$177.88K ≈ $128.68K	-15.53%
2008-12-31	CA$210.59K ≈ $152.33K	+142.99%
2007-12-31	CA$86.67K ≈ $62.69K	--

Equity Component Analysis

This analysis shows how different components contribute to Ascendant Resources 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 6425176082.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Other Components	CA$44.76 Million	%
Total Equity	CA$-19.50 Million	100.00%

Ascendant Resources Inc Competitors by Market Cap

The table below lists competitors of Ascendant Resources Inc ranked by their market capitalization.

Company	Market Cap
South Ocean Holdings Ltd JSE:SOH	$10.80 Million
Kalo Gold Corp V:KALO	$10.80 Million
i2S SA PA:ALI2S	$10.81 Million
Lithium Plus Minerals Ltd AU:LPM	$10.81 Million
Mode Tour Real Estate Investment Trust Inc KO:204210	$10.79 Million
R. S. Software (India) Limited NSE:RSSOFTWARE	$10.79 Million
HiteJinro Co Ltd KO:000087	$10.79 Million
Gurktaler Aktiengesellschaft VI:GAGV	$10.78 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Ascendant Resources Inc's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from -16,287,000 to -19,499,000, a change of -3,212,000.
Net loss of 5,454,000 reduced equity.
Share repurchases of 1,000 reduced equity.
Other comprehensive income decreased equity by 1,489,000.
Other factors increased equity by 3,732,000.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CA$-5.45 Million	-27.97%
Share Repurchases	CA$1.00K	-0.01%
Other Comprehensive Income	CA$-1.49 Million	-7.64%
Other Changes	CA$3.73 Million	+19.14%
Total Change	CA$-	%

Book Value vs Market Value Analysis

This analysis compares Ascendant Resources 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
2007-12-31	CA$0.65	CA$0.08	x
2008-12-31	CA$4.28	CA$0.08	x
2009-12-31	CA$14.43	CA$0.08	x
2010-12-31	CA$2.34	CA$0.08	x
2011-12-31	CA$4.03	CA$0.08	x
2012-12-31	CA$2.18	CA$0.08	x
2013-12-31	CA$0.29	CA$0.08	x
2014-12-31	CA$-0.29	CA$0.08	x
2015-12-31	CA$-0.08	CA$0.08	x
2016-12-31	CA$1.42	CA$0.08	x
2017-12-31	CA$0.25	CA$0.08	x
2018-12-31	CA$0.30	CA$0.08	x
2019-12-31	CA$0.21	CA$0.08	x
2020-12-31	CA$0.06	CA$0.08	x
2021-12-31	CA$0.04	CA$0.08	x
2022-12-31	CA$-0.03	CA$0.08	x
2023-12-31	CA$-0.12	CA$0.08	x
2024-12-31	CA$-0.10	CA$0.08	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Ascendant Resources 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 (-75.31%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2007	-8.35%	0.00%	0.00x	1.08x	CA$-15.91K
2008	-18.63%	0.00%	0.00x	1.13x	CA$-60.30K
2009	-12.72%	0.00%	0.00x	1.14x	CA$-40.41K
2010	-60.93%	0.00%	0.00x	1.19x	CA$-970.57K
2011	-29.52%	0.00%	0.00x	1.07x	CA$-2.25 Million
2012	-55.47%	-1799.69%	0.03x	1.08x	CA$-3.19 Million
2013	-728.61%	-46144.50%	0.01x	1.73x	CA$-6.00 Million
2014	0.00%	0.00%	0.00x	0.00x	CA$-1.80 Million
2015	0.00%	-166020.06%	0.00x	0.00x	CA$-278.10K
2016	-21.64%	0.00%	0.00x	3.49x	CA$-3.55 Million
2017	-74.30%	-20.37%	1.14x	3.20x	CA$-13.68 Million
2018	12.72%	3.51%	1.30x	2.80x	CA$642.60K
2019	-31.76%	-6.50%	1.03x	4.74x	CA$-6.65 Million
2020	-243.83%	-14.96%	12.06x	1.35x	CA$-12.12 Million
2021	-82.56%	0.00%	0.00x	2.05x	CA$-3.57 Million
2022	0.00%	0.00%	0.00x	0.00x	CA$-11.27 Million
2023	0.00%	0.00%	0.00x	0.00x	CA$-8.84 Million
2024	0.00%	0.00%	0.00x	0.00x	CA$-3.50 Million

Industry Comparison

This section compares Ascendant Resources 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: $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
Ascendant Resources Inc (ASND)	CA$-16.09 Million	-8.35%	N/A	$10.80 Million
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 Ascendant Resources Inc

TO:ASND Canada Other Industrial Metals & Mining

Market Cap

$10.80 Million

CA$14.93 Million CAD

Market Cap Rank

#26692 Global

#1126 in Canada

Share Price

CA$0.08

Change (1 day)

+6.67%

52-Week Range

CA$0.08 - CA$0.09

All Time High

CA$1.63