Canlan Ice Sports Corp. (ICE) - Net Assets

Latest as of September 2025: CA$41.31 Million CAD ≈ $29.89 Million USD

Based on the latest financial reports, Canlan Ice Sports Corp. (ICE) has net assets worth CA$41.31 Million CAD (≈ $29.89 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$121.92 Million ≈ $88.20 Million USD) and total liabilities (CA$80.61 Million ≈ $58.31 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 ICE financial resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets CA$41.31 Million
% of Total Assets 33.88%
Annual Growth Rate -1.14%
5-Year Change 17.05%
10-Year Change 11.64%
Growth Volatility 12.84

Canlan Ice Sports Corp. - Net Assets Trend (1996–2024)

This chart illustrates how Canlan Ice Sports Corp.'s net assets have evolved over time, based on quarterly financial data. Also explore total assets of Canlan Ice Sports Corp. for the complete picture of this company's asset base.

Annual Net Assets for Canlan Ice Sports Corp. (1996–2024)

The table below shows the annual net assets of Canlan Ice Sports Corp. from 1996 to 2024. For live valuation and market cap data, see ICE market cap.

Year Net Assets Change
2024-12-31 CA$48.82 Million
≈ $35.31 Million		 +9.32%
2023-12-31 CA$44.66 Million
≈ $32.30 Million		 -4.28%
2022-12-31 CA$46.65 Million
≈ $33.75 Million		 +15.43%
2021-12-31 CA$40.42 Million
≈ $29.24 Million		 -3.10%
2020-12-31 CA$41.71 Million
≈ $30.17 Million		 -13.80%
2019-12-31 CA$48.38 Million
≈ $35.00 Million		 -2.89%
2018-12-31 CA$49.82 Million
≈ $36.04 Million		 +10.23%
2017-12-31 CA$45.20 Million
≈ $32.70 Million		 +3.75%
2016-12-31 CA$43.56 Million
≈ $31.51 Million		 -0.37%
2015-12-31 CA$43.73 Million
≈ $31.63 Million		 -2.36%
2014-12-31 CA$44.78 Million
≈ $32.40 Million		 -0.38%
2013-12-31 CA$44.96 Million
≈ $32.52 Million		 +0.06%
2012-12-31 CA$44.93 Million
≈ $32.50 Million		 +0.66%
2011-12-31 CA$44.63 Million
≈ $32.29 Million		 -4.39%
2010-12-31 CA$46.68 Million
≈ $33.77 Million		 +1.10%
2009-12-31 CA$46.17 Million
≈ $33.40 Million		 +6.29%
2008-12-31 CA$43.44 Million
≈ $31.42 Million		 +9.66%
2007-12-31 CA$39.61 Million
≈ $28.65 Million		 +2.08%
2006-12-31 CA$38.81 Million
≈ $28.07 Million		 +3.62%
2005-12-31 CA$37.45 Million
≈ $27.09 Million		 +2.88%
2004-12-31 CA$36.40 Million
≈ $26.33 Million		 +30.78%
2003-12-31 CA$27.83 Million
≈ $20.13 Million		 -3.64%
2002-12-31 CA$28.88 Million
≈ $20.89 Million		 -6.48%
2001-12-31 CA$30.89 Million
≈ $22.34 Million		 -12.18%
2000-12-31 CA$35.17 Million
≈ $25.44 Million		 +18.82%
1999-12-31 CA$29.60 Million
≈ $21.41 Million		 -20.22%
1998-12-31 CA$37.10 Million
≈ $26.84 Million		 -42.84%
1997-12-31 CA$64.90 Million
≈ $46.95 Million		 -3.57%
1996-12-31 CA$67.30 Million
≈ $48.68 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Canlan Ice Sports Corp.'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 217.2% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CA$63.11 Million 129.27%
Other Comprehensive Income CA$5.79 Million 11.87%
Other Components CA$543.00K 1.11%
Total Equity CA$48.82 Million 100.00%

Canlan Ice Sports Corp. Competitors by Market Cap

The table below lists competitors of Canlan Ice Sports Corp. ranked by their market capitalization.

Company Market Cap
Doctor Care Anywhere Group Plc
AU:DOC
 $41.51 Million
Lider Faktoring AS
IS:LIDFA
 $41.52 Million
Talphera Inc.
NASDAQ:TLPH
 $41.54 Million
Kanoria Chemicals & Industries Limited
NSE:KANORICHEM
 $41.54 Million
Panorama Sentrawisata Tbk
JK:PANR
 $41.46 Million
Verde Clean Fuels Inc.
NASDAQ:VGAS
 $41.45 Million
Danen Technology Corp
TW:3686
 $41.45 Million
Jin Yang Pharmaceutical Co. Ltd
KQ:007370
 $41.44 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Canlan Ice Sports Corp.'s equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 44,656,000 to 48,818,000, a change of 4,162,000 (9.3%).
  • Net income of 2,800,000 contributed positively to equity growth.
  • Dividend payments of 1,600,000 reduced retained earnings.
  • Other comprehensive income increased equity by 2,962,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CA$2.80 Million +5.74%
Dividends Paid CA$1.60 Million -3.28%
Other Comprehensive Income CA$2.96 Million +6.07%
Total Change CA$- 9.32%

Book Value vs Market Value Analysis

This analysis compares Canlan Ice Sports Corp.'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: 1.17x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has increased from 0.04x to 1.17x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1996-12-31 CA$121.52 CA$4.30 x
1997-12-31 CA$110.35 CA$4.30 x
1998-12-31 CA$56.17 CA$4.30 x
1999-12-31 CA$48.00 CA$4.30 x
2000-12-31 CA$52.02 CA$4.30 x
2001-12-31 CA$6.29 CA$4.30 x
2002-12-31 CA$5.96 CA$4.30 x
2003-12-31 CA$5.64 CA$4.30 x
2004-12-31 CA$7.80 CA$4.30 x
2005-12-31 CA$2.81 CA$4.30 x
2006-12-31 CA$2.91 CA$4.30 x
2007-12-31 CA$2.97 CA$4.30 x
2008-12-31 CA$3.26 CA$4.30 x
2009-12-31 CA$3.46 CA$4.30 x
2010-12-31 CA$3.50 CA$4.30 x
2011-12-31 CA$3.35 CA$4.30 x
2012-12-31 CA$3.37 CA$4.30 x
2013-12-31 CA$3.37 CA$4.30 x
2014-12-31 CA$3.36 CA$4.30 x
2015-12-31 CA$3.28 CA$4.30 x
2016-12-31 CA$3.27 CA$4.30 x
2017-12-31 CA$3.39 CA$4.30 x
2018-12-31 CA$3.74 CA$4.30 x
2019-12-31 CA$3.63 CA$4.30 x
2020-12-31 CA$3.13 CA$4.30 x
2021-12-31 CA$3.03 CA$4.30 x
2022-12-31 CA$3.50 CA$4.30 x
2023-12-31 CA$3.35 CA$4.30 x
2024-12-31 CA$3.66 CA$4.30 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Canlan Ice Sports Corp. 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): 5.74%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 2.98%
  • • Asset Turnover: 0.72x
  • • Equity Multiplier: 2.67x
  • Recent ROE (5.74%) is above the historical average (-3.37%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1996 2.79% 3.45% 0.25x 3.24x CA$-4.66 Million
1997 -15.79% -12.55% 0.39x 3.26x CA$-16.17 Million
1998 -77.62% -75.48% 0.22x 4.68x CA$-30.93 Million
1999 -26.07% -18.30% 0.32x 4.52x CA$-10.10 Million
2000 -14.02% -11.79% 0.36x 3.30x CA$-8.10 Million
2001 -14.90% -10.98% 0.37x 3.64x CA$-7.30 Million
2002 -5.41% -3.55% 0.40x 3.79x CA$-4.29 Million
2003 -5.76% -3.37% 0.44x 3.92x CA$-4.15 Million
2004 5.34% 4.21% 0.45x 2.79x CA$-1.70 Million
2005 2.78% 2.13% 0.49x 2.66x CA$-2.71 Million
2006 3.49% 2.45% 0.49x 2.89x CA$-2.53 Million
2007 2.03% 1.29% 0.57x 2.77x CA$-3.16 Million
2008 8.81% 5.92% 0.56x 2.64x CA$-516.90K
2009 5.92% 4.07% 0.59x 2.45x CA$-1.88 Million
2010 1.51% 1.01% 0.63x 2.37x CA$-3.96 Million
2011 6.37% 3.95% 0.69x 2.35x CA$-1.62 Million
2012 2.88% 1.78% 0.71x 2.29x CA$-3.20 Million
2013 2.44% 1.51% 0.69x 2.35x CA$-3.40 Million
2014 2.00% 1.18% 0.64x 2.64x CA$-3.58 Million
2015 -8.24% -4.53% 0.66x 2.76x CA$-7.97 Million
2016 2.97% 1.56% 0.66x 2.88x CA$-3.06 Million
2017 7.87% 4.16% 0.68x 2.78x CA$-962.80K
2018 9.00% 5.12% 0.68x 2.59x CA$-499.40K
2019 5.06% 2.77% 0.63x 2.92x CA$-2.39 Million
2020 -15.26% -16.21% 0.32x 2.91x CA$-10.53 Million
2021 -2.70% -2.70% 0.35x 2.89x CA$-5.13 Million
2022 10.14% 6.42% 0.61x 2.61x CA$64.90K
2023 0.97% 0.50% 0.71x 2.73x CA$-4.03 Million
2024 5.74% 2.98% 0.72x 2.67x CA$-2.08 Million

Industry Comparison

This section compares Canlan Ice Sports Corp.'s net assets metrics with peer companies in the Leisure industry.

Industry Context

  • Industry: Leisure
  • Average net assets among peers: $249,820,715
  • Average return on equity (ROE) among peers: -155.06%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Canlan Ice Sports Corp. (ICE) CA$41.31 Million 2.79% 1.95x $41.49 Million
TUT Fitness Group Inc (GYM) $290.24K -568.19% 1.44x $292.84K
Pool Safe Inc (POOL) $295.62K -65.07% 0.98x $3.45 Million
Spin Master Corp (TOY) $842.90 Million 5.40% 0.59x $474.38 Million
TWC Enterprises Ltd (TWC) $155.80 Million 7.60% 2.92x $428.38 Million

About Canlan Ice Sports Corp.

TO:ICE Canada Leisure
Market Cap
$41.49 Million
CA$57.35 Million CAD
Market Cap Rank
#22572 Global
#814 in Canada
Share Price
CA$4.30
Change (1 day)
+4.37%
52-Week Range
CA$3.60 - CA$4.95
All Time High
CA$5.25
Categories
Companies in Canada Leisure
About

Canlan Ice Sports Corp. engages in the acquisition, development, lease, and operation of recreation facilities in Canada and the United States. The company operates through six segments: Ice/Field Sales and Internal Programming, Food and Beverage, Sports Stores, Sponsorship, Space Rental, and Management Services. It offers rental of ice or field time, and interior and exterior space; and organize… Read more