Excellon Resources Inc. (EXN) - Net Assets
Based on the latest financial reports, Excellon Resources Inc. (EXN) has net assets worth CA$8.88 Million CAD as of March 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$18.18 Million) and total liabilities (CA$9.30 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$8.88 Million |
| % of Total Assets | 48.82% |
| Annual Growth Rate | N/A |
| 5-Year Change | -81.27% |
| 10-Year Change | -64.21% |
| Growth Volatility | 116.49 |
Excellon Resources Inc. - Net Assets Trend (2002–2024)
This chart illustrates how Excellon Resources Inc.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Excellon Resources Inc. (2002–2024)
The table below shows the annual net assets of Excellon Resources Inc. from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$9.45 Million | +196.14% |
| 2023-12-31 | CA$-9.83 Million | +55.12% |
| 2022-12-31 | CA$-21.89 Million | -387.97% |
| 2021-12-31 | CA$-4.49 Million | -108.90% |
| 2020-12-31 | CA$50.44 Million | +19.55% |
| 2019-12-31 | CA$42.19 Million | +5.02% |
| 2018-12-31 | CA$40.18 Million | -12.03% |
| 2017-12-31 | CA$45.67 Million | +102.31% |
| 2016-12-31 | CA$22.57 Million | -14.49% |
| 2015-12-31 | CA$26.40 Million | -27.24% |
| 2014-12-31 | CA$36.29 Million | -39.17% |
| 2013-12-31 | CA$59.65 Million | -11.14% |
| 2012-12-31 | CA$67.13 Million | +13.76% |
| 2011-12-31 | CA$59.01 Million | +91.79% |
| 2010-12-31 | CA$30.77 Million | -5.96% |
| 2009-12-31 | CA$32.72 Million | +65.74% |
| 2008-12-31 | CA$19.74 Million | +51.58% |
| 2007-12-31 | CA$13.02 Million | +393.86% |
| 2006-12-31 | CA$2.64 Million | +237.66% |
| 2005-12-31 | CA$-1.92 Million | -169.56% |
| 2004-12-31 | CA$2.75 Million | +544.12% |
| 2003-12-31 | CA$-620.09K | -958.96% |
| 2002-12-31 | CA$-58.56K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Excellon 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 17455525376.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CA$153.60 Million | 1399.44% |
| Other Comprehensive Income | CA$-3.47 Million | -31.58% |
| Other Components | CA$40.53 Million | 369.25% |
| Total Equity | CA$10.98 Million | 100.00% |
Excellon Resources Inc. Competitors by Market Cap
The table below lists competitors of Excellon Resources Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AGRIPOWER FRANCE EO-1
F:9PS
|
$12.38 Million |
|
Ornapaper Bhd
KLSE:5065
|
$12.38 Million |
|
TWZ Corporation Public Company Limited
BK:TWZ
|
$12.38 Million |
|
Cellectar Biosciences Inc
NASDAQ:CLRB
|
$12.38 Million |
|
Great Northern Minerals Ltd
AU:GNM
|
$12.37 Million |
|
TG Metals Ltd
AU:TG6
|
$12.37 Million |
|
CLASS 1 NICKEL+TECH.LTD
F:77C
|
$12.36 Million |
|
Benton Resources Inc
V:BEX
|
$12.36 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Excellon Resources Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -9,827,000 to 10,976,000, a change of 20,803,000.
- Net loss of 5,220,000 reduced equity.
- New share issuances of 2,280,000 increased equity.
- Other comprehensive income increased equity by 8,985,000.
- Other factors increased equity by 14,758,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-5.22 Million | -47.56% |
| Share Issuances | CA$2.28 Million | +20.77% |
| Other Comprehensive Income | CA$8.98 Million | +81.86% |
| Other Changes | CA$14.76 Million | +134.46% |
| Total Change | CA$- | % |
Book Value vs Market Value Analysis
This analysis compares Excellon 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
- Current price-to-book ratio: 1.56x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | CA$-0.05 | CA$0.13 | x |
| 2003-12-31 | CA$-0.36 | CA$0.13 | x |
| 2004-12-31 | CA$0.83 | CA$0.13 | x |
| 2005-12-31 | CA$-0.43 | CA$0.13 | x |
| 2006-12-31 | CA$0.49 | CA$0.13 | x |
| 2007-12-31 | CA$2.10 | CA$0.13 | x |
| 2008-12-31 | CA$3.26 | CA$0.13 | x |
| 2009-12-31 | CA$4.54 | CA$0.13 | x |
| 2010-12-31 | CA$3.09 | CA$0.13 | x |
| 2011-12-31 | CA$5.60 | CA$0.13 | x |
| 2012-12-31 | CA$6.05 | CA$0.13 | x |
| 2013-12-31 | CA$5.41 | CA$0.13 | x |
| 2014-12-31 | CA$3.30 | CA$0.13 | x |
| 2015-12-31 | CA$2.40 | CA$0.13 | x |
| 2016-12-31 | CA$1.62 | CA$0.13 | x |
| 2017-12-31 | CA$2.73 | CA$0.13 | x |
| 2018-12-31 | CA$2.06 | CA$0.13 | x |
| 2019-12-31 | CA$2.04 | CA$0.13 | x |
| 2020-12-31 | CA$1.75 | CA$0.13 | x |
| 2021-12-31 | CA$-0.14 | CA$0.13 | x |
| 2022-12-31 | CA$-0.63 | CA$0.13 | x |
| 2023-12-31 | CA$-0.23 | CA$0.13 | x |
| 2024-12-31 | CA$0.08 | CA$0.13 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Excellon Resources Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -47.56%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.68x
- Recent ROE (-47.56%) is below the historical average (-24.41%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-755.69K |
| 2003 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-496.60K |
| 2004 | -147.02% | 0.00% | 0.00x | 5.69x | CA$-4.32 Million |
| 2005 | 0.00% | -653.86% | 0.07x | 0.00x | CA$-6.04 Million |
| 2006 | -163.53% | -18.34% | 0.90x | 9.94x | CA$-4.58 Million |
| 2007 | 68.38% | 24.90% | 0.80x | 3.43x | CA$7.60 Million |
| 2008 | -34.82% | -25.35% | 1.10x | 1.25x | CA$-8.85 Million |
| 2009 | -13.91% | -24.44% | 0.50x | 1.14x | CA$-7.82 Million |
| 2010 | -12.62% | -12.76% | 0.86x | 1.14x | CA$-6.96 Million |
| 2011 | 7.51% | 9.23% | 0.71x | 1.14x | CA$-1.47 Million |
| 2012 | 12.53% | 23.18% | 0.51x | 1.06x | CA$1.70 Million |
| 2013 | -8.45% | -15.12% | 0.51x | 1.09x | CA$-11.01 Million |
| 2014 | -53.17% | -62.70% | 0.70x | 1.21x | CA$-22.92 Million |
| 2015 | -19.09% | -31.17% | 0.44x | 1.40x | CA$-7.68 Million |
| 2016 | -62.33% | -82.80% | 0.38x | 1.98x | CA$-16.33 Million |
| 2017 | -12.46% | -26.83% | 0.37x | 1.25x | CA$-10.26 Million |
| 2018 | -19.17% | -31.67% | 0.48x | 1.25x | CA$-11.72 Million |
| 2019 | -23.88% | -38.06% | 0.48x | 1.31x | CA$-14.29 Million |
| 2020 | -31.76% | -61.14% | 0.36x | 1.45x | CA$-21.06 Million |
| 2021 | 0.00% | -152.21% | 0.91x | 0.00x | CA$-57.32 Million |
| 2022 | 0.00% | -72.95% | 0.97x | 0.00x | CA$-16.65 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | CA$7.52 Million |
| 2024 | -47.56% | 0.00% | 0.00x | 1.68x | CA$-6.32 Million |
Industry Comparison
This section compares Excellon Resources Inc.'s net assets metrics with peer companies in the Silver industry.
Industry Context
- Industry: Silver
- Average net assets among peers: $20,864,864
- Average return on equity (ROE) among peers: -9350.36%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Excellon Resources Inc. (EXN) | CA$8.88 Million | 0.00% | 1.05x | $12.37 Million |
| Silver Mountain Resources Inc (AGMR) | $13.77 Million | -15.57% | 0.23x | $158.25 Million |
| Americore Resources Corp. (AMCO) | $7.17K | -93127.51% | 8.76x | $7.33 Million |
| Apollo Silver Corp (APGO) | $6.20 Million | -25.19% | 0.02x | $167.28 Million |
| Andean Precious Metals Corp. (APM) | $151.04 Million | 12.73% | 1.09x | $788.91 Million |
| Aya Gold & Silver Inc (AYA) | $6.16 Million | -22.84% | 0.06x | $2.55 Billion |
| Hercules Metals Corp. (BIG) | $1.46 Million | -225.96% | 0.35x | $148.58 Million |
| Bunker Hill Mining Corp. (BNKR) | $-34.24 Million | 0.00% | 0.00x | $307.44 Million |
| Discovery Silver Corp. (DSV) | $39.59 Million | -18.32% | 0.02x | $6.37 Billion |
| Dolly Varden Silver Corporation (DV) | $19.85 Million | -40.96% | 0.02x | $247.21 Million |
| Electric Metals (USA) Limited (EML) | $4.82 Million | -39.99% | 0.48x | $37.76 Million |
About Excellon Resources Inc.
Excellon Resources Inc. engages in the acquisition, exploration, and advancement of mineral properties in the United States, Germany, and Mexico. It primarily explores for silver, lead, zinc, and gold deposits, as well as base metals. Excellon Resources Inc. was incorporated in 1987 and is based in Toronto, Canada.