Black Iron Inc. (BKI) - Net Assets
Based on the latest financial reports, Black Iron Inc. (BKI) has net assets worth CA$-2.90 Million CAD (≈ $-2.10 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$1.43 Million ≈ $1.04 Million USD) and total liabilities (CA$4.33 Million ≈ $3.13 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check asset resilience ratio of Black Iron Inc. to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-2.90 Million |
| % of Total Assets | -202.63% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | -114.67% |
| Growth Volatility | 191.39 |
Black Iron Inc. - Net Assets Trend (2011–2024)
This chart illustrates how Black Iron Inc.'s net assets have evolved over time, based on quarterly financial data. Also explore Black Iron Inc. (BKI) total assets for the complete picture of this company's asset base.
Annual Net Assets for Black Iron Inc. (2011–2024)
The table below shows the annual net assets of Black Iron Inc. from 2011 to 2024. For live valuation and market cap data, see BKI company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$-1.97 Million ≈ $-1.42 Million |
-1177.97% |
| 2023-12-31 | CA$-153.95K ≈ $-111.36K |
-111.79% |
| 2022-12-31 | CA$1.31 Million ≈ $944.92K |
-71.95% |
| 2021-12-31 | CA$4.66 Million ≈ $3.37 Million |
+181.27% |
| 2020-12-31 | CA$-5.73 Million ≈ $-4.15 Million |
-230.99% |
| 2019-12-31 | CA$-1.73 Million ≈ $-1.25 Million |
-664.22% |
| 2018-12-31 | CA$306.85K ≈ $221.97K |
-91.94% |
| 2017-12-31 | CA$3.81 Million ≈ $2.75 Million |
-26.29% |
| 2016-12-31 | CA$5.16 Million ≈ $3.73 Million |
-61.51% |
| 2015-12-31 | CA$13.41 Million ≈ $9.70 Million |
-65.50% |
| 2014-12-31 | CA$38.88 Million ≈ $28.13 Million |
+70.66% |
| 2013-12-31 | CA$22.78 Million ≈ $16.48 Million |
-60.88% |
| 2012-12-31 | CA$58.24 Million ≈ $42.13 Million |
-5.15% |
| 2011-12-31 | CA$61.40 Million ≈ $44.41 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Black Iron 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 7942630600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CA$84.24 Million | % |
| Other Comprehensive Income | CA$-99.11K | % |
| Other Components | CA$1.61 Million | % |
| Total Equity | CA$-1.97 Million | 100.00% |
Black Iron Inc. Competitors by Market Cap
The table below lists competitors of Black Iron Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Eden Innovations Ltd
AU:EDE
|
$22.16 Million |
|
Chembond Chemicals Ltd
NSE:CHEMBOND
|
$22.16 Million |
|
SOLWERS OYJ EO 1
F:0ST
|
$22.16 Million |
|
Allied Industrial Ltd
TWO:4702
|
$22.17 Million |
|
Airan Limited
NSE:AIRAN
|
$22.15 Million |
|
NORTH PEAK RESOURCES LTD.
F:B9TN
|
$22.14 Million |
|
Greater Than AB
ST:GREAT
|
$22.13 Million |
|
Fidelix Co. Ltd
KQ:032580
|
$22.13 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Black Iron Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -153,949 to -1,967,421, a change of -1,813,472.
- Net loss of 2,130,978 reduced equity.
- Other comprehensive income increased equity by 88,266.
- Other factors increased equity by 229,240.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-2.13 Million | -108.31% |
| Other Comprehensive Income | CA$88.27K | +4.49% |
| Other Changes | CA$229.24K | +11.65% |
| Total Change | CA$- | % |
Book Value vs Market Value Analysis
This analysis compares Black Iron 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 |
|---|---|---|---|
| 2011-12-31 | CA$0.49 | CA$0.10 | x |
| 2012-12-31 | CA$0.41 | CA$0.10 | x |
| 2013-12-31 | CA$0.16 | CA$0.10 | x |
| 2014-12-31 | CA$0.20 | CA$0.10 | x |
| 2015-12-31 | CA$0.05 | CA$0.10 | x |
| 2016-12-31 | CA$0.03 | CA$0.10 | x |
| 2017-12-31 | CA$0.02 | CA$0.10 | x |
| 2018-12-31 | CA$0.00 | CA$0.10 | x |
| 2019-12-31 | CA$-0.01 | CA$0.10 | x |
| 2020-12-31 | CA$-0.03 | CA$0.10 | x |
| 2021-12-31 | CA$0.02 | CA$0.10 | x |
| 2022-12-31 | CA$0.00 | CA$0.10 | x |
| 2023-12-31 | CA$0.00 | CA$0.10 | x |
| 2024-12-31 | CA$-0.01 | CA$0.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Black Iron Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-111.72%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | -12.06% | 0.00% | 0.00x | 1.02x | CA$-13.54 Million |
| 2012 | -9.21% | 0.00% | 0.00x | 1.01x | CA$-11.19 Million |
| 2013 | -36.72% | 0.00% | 0.00x | 1.06x | CA$-10.64 Million |
| 2014 | -16.20% | 0.00% | 0.00x | 1.28x | CA$-8.12 Million |
| 2015 | -298.68% | 0.00% | 0.00x | 1.81x | CA$-24.06 Million |
| 2016 | -33.72% | 0.00% | 0.00x | 1.08x | CA$-2.26 Million |
| 2017 | -76.41% | 0.00% | 0.00x | 1.10x | CA$-3.29 Million |
| 2018 | -692.37% | 0.00% | 0.00x | 2.20x | CA$-2.16 Million |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-2.93 Million |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-9.22 Million |
| 2021 | -126.71% | 0.00% | 0.00x | 1.37x | CA$-6.37 Million |
| 2022 | -262.01% | 0.00% | 0.00x | 1.79x | CA$-3.55 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-1.57 Million |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-1.93 Million |
Industry Comparison
This section compares Black Iron 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: $49,314,810
- Average return on equity (ROE) among peers: -11.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Black Iron Inc. (BKI) | CA$-2.90 Million | -12.06% | N/A | $22.15 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 Black Iron Inc.
Black Iron Inc. engages in the exploration and development of iron ore in Ukraine. The company holds a 100% interest in the Shymanivske iron ore project covering an area of 2.56 square kilometers located in Krivyi Rih, Ukraine. Black Iron Inc. was incorporated in 2010 and is headquartered in Toronto, Canada.