Future Mineral Resources Inc.
Future Mineral Resources Inc. engages in the acquisition and development of mining projects in the Americas, Australia, Africa, and Europe. It primarily explores for gold, uranium, and lithium. The company was formerly known as Sulliden Mining Capital Inc. and changed its name to Future Mineral Resources Inc. in September 2025. Future Mineral Resources Inc. was incorporated in 2014 and is based i… Read more
Future Mineral Resources Inc. (FMR) - Net Assets
Latest net assets as of October 2025: CA$-50.39K CAD
Based on the latest financial reports, Future Mineral Resources Inc. (FMR) has net assets worth CA$-50.39K CAD as of October 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$964.42K) and total liabilities (CA$1.01 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-50.39K |
| % of Total Assets | -5.23% |
| Annual Growth Rate | N/A |
| 5-Year Change | -118.84% |
| 10-Year Change | -109.24% |
| Growth Volatility | 243.23 |
Future Mineral Resources Inc. - Net Assets Trend (2015–2025)
This chart illustrates how Future Mineral 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 Future Mineral Resources Inc. (2015–2025)
The table below shows the annual net assets of Future Mineral Resources Inc. from 2015 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-07-31 | CA$-2.26 Million | -818.38% |
| 2024-07-31 | CA$314.93K | -88.37% |
| 2023-07-31 | CA$2.71 Million | -67.73% |
| 2022-07-31 | CA$8.39 Million | -30.15% |
| 2021-07-31 | CA$12.01 Million | -17.79% |
| 2020-07-31 | CA$14.61 Million | +13.86% |
| 2019-07-31 | CA$12.83 Million | -62.78% |
| 2018-07-31 | CA$34.47 Million | +68.88% |
| 2017-07-31 | CA$20.41 Million | -16.62% |
| 2016-07-31 | CA$24.48 Million | +13.56% |
| 2015-07-31 | CA$21.56 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Future Mineral 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 3960694100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (July 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CA$35.33 Million | % |
| Other Components | CA$2.03 Million | % |
| Total Equity | CA$-2.26 Million | 100.00% |
Future Mineral Resources Inc. Competitors by Market Cap
The table below lists competitors of Future Mineral Resources Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Health Empire Corp. PCL
BK:HEALTH
|
$3.10 Million |
|
Investsmart Group Ltd
AU:INV
|
$3.10 Million |
|
AlphaTON Capital Corp.
NASDAQ:ATON
|
$3.10 Million |
|
Asuransi Dayin Mitra Tbk
JK:ASDM
|
$3.10 Million |
|
PT Kokoh Exa Nusantara Tbk
JK:KOCI
|
$3.10 Million |
|
Mantle Minerals Ltd
AU:MTL
|
$3.10 Million |
|
Rectitude Holdings Ltd Ordinary Shares
NASDAQ:RECT
|
$3.10 Million |
|
Kordellos Ch. Bros S.A
AT:KORDE
|
$3.10 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Future Mineral Resources Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 314,927 to -2,262,384, a change of -2,577,311 (-818.4%).
- Net loss of 2,614,776 reduced equity.
- Other comprehensive income decreased equity by 2,032,414.
- Other factors increased equity by 2,069,879.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-2.61 Million | -115.58% |
| Other Comprehensive Income | CA$-2.03 Million | -89.84% |
| Other Changes | CA$2.07 Million | +91.49% |
| Total Change | CA$- | -818.38% |
Book Value vs Market Value Analysis
This analysis compares Future Mineral 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 |
|---|---|---|---|
| 2014-07-31 | CA$0.04 | CA$0.30 | x |
| 2015-07-31 | CA$6.18 | CA$0.30 | x |
| 2016-07-31 | CA$6.61 | CA$0.30 | x |
| 2017-07-31 | CA$5.40 | CA$0.30 | x |
| 2018-07-31 | CA$8.25 | CA$0.30 | x |
| 2019-07-31 | CA$3.09 | CA$0.30 | x |
| 2020-07-31 | CA$2.77 | CA$0.30 | x |
| 2021-07-31 | CA$1.98 | CA$0.30 | x |
| 2022-07-31 | CA$0.87 | CA$0.30 | x |
| 2023-07-31 | CA$0.21 | CA$0.30 | x |
| 2024-07-31 | CA$0.02 | CA$0.30 | x |
| 2025-07-31 | CA$-0.17 | CA$0.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Future Mineral Resources Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-114.46%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -9.53% | 0.00% | 0.00x | 1.00x | CA$-26.09K |
| 2015 | -23.99% | 0.00% | 0.00x | 1.01x | CA$-7.33 Million |
| 2016 | 8.37% | 0.00% | 0.00x | 1.02x | CA$-399.33K |
| 2017 | -24.13% | 0.00% | 0.00x | 1.07x | CA$-6.97 Million |
| 2018 | 38.63% | 0.00% | 0.00x | 1.03x | CA$9.87 Million |
| 2019 | -170.10% | 0.00% | 0.00x | 1.04x | CA$-23.11 Million |
| 2020 | 5.51% | 0.00% | 0.00x | 1.07x | CA$-655.57K |
| 2021 | -16.24% | 0.00% | 0.00x | 1.04x | CA$-3.15 Million |
| 2022 | -143.73% | 0.00% | 0.00x | 1.09x | CA$-12.90 Million |
| 2023 | -209.89% | 0.00% | 0.00x | 1.28x | CA$-5.95 Million |
| 2024 | -828.45% | 0.00% | 0.00x | 7.60x | CA$-2.64 Million |
| 2025 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-2.39 Million |
Industry Comparison
This section compares Future Mineral 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: $30,833,953
- Average return on equity (ROE) among peers: -67.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Future Mineral Resources Inc. (FMR) | CA$-50.39K | -9.53% | N/A | $3.10 Million |
| Asbestos Corporation Limited (AB-H) | $-20.02 Million | 0.00% | 0.00x | $467.16K |
| Asiabasemetals Inc (ABZ) | $-394.71K | 0.00% | 0.00x | $1.49 Million |
| Alphamin Res (AFM) | $310.73 Million | 15.51% | 0.36x | $456.79 Million |
| African Metals Corporation (AFR) | $942.26K | -69.83% | 0.14x | $409.36K |
| Bullet Exploration Inc (AMMO) | $2.16 Million | -41.07% | 24.74x | $3.15 Million |
| AM Resources Corp (AMR) | $596.66K | -503.92% | 1.17x | $2.45 Million |
| Andina Copper Corporation (ANDC) | $6.58 Million | -35.34% | 0.01x | $101.97 Million |
| Auriginal Mining Corp. (AUME) | $8.45 Million | -20.72% | 0.21x | $6.12 Million |
| Aurora Royalties Inc (AUR-H) | $350.13K | -16.93% | 0.05x | $266.34K |
| Balto Resources Ltd (BAL-H) | $-1.07 Million | 0.00% | 0.00x | $375.18K |