Marimaca Copper Corp (MARI) - Net Assets
Based on the latest financial reports, Marimaca Copper Corp (MARI) has net assets worth CA$182.35 Million CAD (≈ $131.91 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$186.25 Million ≈ $134.73 Million USD) and total liabilities (CA$3.90 Million ≈ $2.82 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. Explore cash efficiency ratio of Marimaca Copper Corp to assess how effectively this company generates cash.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$182.35 Million |
| % of Total Assets | 97.91% |
| Annual Growth Rate | 17.05% |
| 5-Year Change | 91.59% |
| 10-Year Change | 2695.33% |
| Growth Volatility | 111.03 |
Marimaca Copper Corp - Net Assets Trend (2005–2024)
This chart illustrates how Marimaca Copper Corp's net assets have evolved over time, based on quarterly financial data. For live valuation and market cap data, see Marimaca Copper Corp market capitalisation.
Annual Net Assets for Marimaca Copper Corp (2005–2024)
The table below shows the annual net assets of Marimaca Copper Corp from 2005 to 2024. Read Marimaca Copper Corp balance sheet liabilities for a breakdown of total debt and financial obligations.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$109.58 Million ≈ $79.27 Million |
+16.08% |
| 2023-12-31 | CA$94.39 Million ≈ $68.28 Million |
+12.02% |
| 2022-12-31 | CA$84.26 Million ≈ $60.96 Million |
+1.14% |
| 2021-12-31 | CA$83.31 Million ≈ $60.27 Million |
+45.66% |
| 2020-12-31 | CA$57.19 Million ≈ $41.37 Million |
+81.42% |
| 2019-12-31 | CA$31.53 Million ≈ $22.81 Million |
-4.46% |
| 2018-12-31 | CA$33.00 Million ≈ $23.87 Million |
+51.91% |
| 2017-12-31 | CA$21.72 Million ≈ $15.71 Million |
-2.48% |
| 2016-12-31 | CA$22.27 Million ≈ $16.11 Million |
+468.21% |
| 2015-12-31 | CA$3.92 Million ≈ $2.84 Million |
-9.32% |
| 2014-12-31 | CA$4.32 Million ≈ $3.13 Million |
-73.94% |
| 2013-12-31 | CA$16.59 Million ≈ $12.00 Million |
-48.64% |
| 2012-12-31 | CA$32.30 Million ≈ $23.37 Million |
-18.73% |
| 2011-12-31 | CA$39.74 Million ≈ $28.75 Million |
+6.64% |
| 2010-12-31 | CA$37.27 Million ≈ $26.96 Million |
+74.29% |
| 2009-12-31 | CA$21.39 Million ≈ $15.47 Million |
+33.36% |
| 2008-12-31 | CA$16.04 Million ≈ $11.60 Million |
-20.01% |
| 2007-12-31 | CA$20.05 Million ≈ $14.50 Million |
+53.24% |
| 2006-12-31 | CA$13.08 Million ≈ $9.46 Million |
+137.86% |
| 2005-12-31 | CA$5.50 Million ≈ $3.98 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Marimaca Copper 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 15932561000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CA$230.93 Million | 210.74% |
| Other Comprehensive Income | CA$418.00K | 0.38% |
| Other Components | CA$38.30 Million | 34.95% |
| Total Equity | CA$109.58 Million | 100.00% |
Marimaca Copper Corp Competitors by Market Cap
The table below lists competitors of Marimaca Copper Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shenzhen TXD Technology Co Ltd
SHE:002845
|
$709.86 Million |
|
Multi Bintang Indonesia Tbk
JK:MLBI
|
$709.91 Million |
|
Shenandoah Telecommunications Co
NASDAQ:SHEN
|
$710.38 Million |
|
Beijing Bayi Space LCD Technology Co Ltd
SHG:688181
|
$710.41 Million |
|
NICE Information Service Co. Ltd
KQ:030190
|
$709.61 Million |
|
Western Asset Diversified Income Fund
NYSE:WDI
|
$709.04 Million |
|
Shandong Realcan Pharmaceutical Co Ltd
SHE:002589
|
$709.00 Million |
|
Lsb Industries Inc
NYSE:LXU
|
$708.65 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Marimaca Copper Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 94,395,000 to 109,577,000, a change of 15,182,000 (16.1%).
- Net loss of 13,752,000 reduced equity.
- Share repurchases of 23,814,000 reduced equity.
- New share issuances of 23,814,000 increased equity.
- Other comprehensive income increased equity by 353,000.
- Other factors increased equity by 28,581,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-13.75 Million | -12.55% |
| Share Repurchases | CA$23.81 Million | -21.73% |
| Share Issuances | CA$23.81 Million | +21.73% |
| Other Comprehensive Income | CA$353.00K | +0.32% |
| Other Changes | CA$28.58 Million | +26.08% |
| Total Change | CA$- | 16.08% |
Book Value vs Market Value Analysis
This analysis compares Marimaca Copper 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: 7.30x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 101.56x to 7.30x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | CA$0.08 | CA$8.28 | x |
| 2006-12-31 | CA$10.47 | CA$8.28 | x |
| 2007-12-31 | CA$11.72 | CA$8.28 | x |
| 2008-12-31 | CA$8.31 | CA$8.28 | x |
| 2009-12-31 | CA$5.31 | CA$8.28 | x |
| 2010-12-31 | CA$6.05 | CA$8.28 | x |
| 2011-12-31 | CA$5.65 | CA$8.28 | x |
| 2012-12-31 | CA$4.49 | CA$8.28 | x |
| 2013-12-31 | CA$2.28 | CA$8.28 | x |
| 2014-12-31 | CA$0.49 | CA$8.28 | x |
| 2015-12-31 | CA$0.38 | CA$8.28 | x |
| 2016-12-31 | CA$1.19 | CA$8.28 | x |
| 2017-12-31 | CA$1.15 | CA$8.28 | x |
| 2018-12-31 | CA$0.92 | CA$8.28 | x |
| 2019-12-31 | CA$0.52 | CA$8.28 | x |
| 2020-12-31 | CA$0.87 | CA$8.28 | x |
| 2021-12-31 | CA$0.97 | CA$8.28 | x |
| 2022-12-31 | CA$0.96 | CA$8.28 | x |
| 2023-12-31 | CA$1.04 | CA$8.28 | x |
| 2024-12-31 | CA$1.14 | CA$8.28 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Marimaca Copper Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -12.55%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.03x
- Recent ROE (-12.55%) is above the historical average (-42.94%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | -13.45% | 0.00% | 0.00x | 1.02x | CA$-1.29 Million |
| 2006 | -37.22% | 0.00% | 0.00x | 1.15x | CA$-6.18 Million |
| 2007 | -29.23% | 0.00% | 0.00x | 1.13x | CA$-7.86 Million |
| 2008 | -48.07% | 0.00% | 0.00x | 1.13x | CA$-9.31 Million |
| 2009 | -1.35% | 0.00% | 0.00x | 1.08x | CA$-2.43 Million |
| 2010 | 29.26% | 0.00% | 0.00x | 1.09x | CA$7.18 Million |
| 2011 | -18.80% | 0.00% | 0.00x | 1.01x | CA$-11.45 Million |
| 2012 | -27.78% | 0.00% | 0.00x | 1.01x | CA$-12.20 Million |
| 2013 | -108.55% | 0.00% | 0.00x | 1.03x | CA$-19.52 Million |
| 2014 | -338.58% | 0.00% | 0.00x | 1.20x | CA$-14.11 Million |
| 2015 | -35.76% | 0.00% | 0.00x | 5.61x | CA$-1.43 Million |
| 2016 | -16.56% | 0.00% | 0.00x | 1.35x | CA$-5.71 Million |
| 2017 | -51.35% | 0.00% | 0.00x | 1.61x | CA$-16.28 Million |
| 2018 | -73.60% | 0.00% | 0.00x | 1.93x | CA$-27.59 Million |
| 2019 | -46.13% | 0.00% | 0.00x | 1.84x | CA$-17.70 Million |
| 2020 | 3.53% | 0.00% | 0.00x | 1.22x | CA$-3.70 Million |
| 2021 | -22.57% | 0.00% | 0.00x | 1.11x | CA$-27.14 Million |
| 2022 | -2.56% | 0.00% | 0.00x | 1.01x | CA$-10.59 Million |
| 2023 | -7.54% | 0.00% | 0.00x | 1.01x | CA$-16.55 Million |
| 2024 | -12.55% | 0.00% | 0.00x | 1.03x | CA$-24.71 Million |
Industry Comparison
This section compares Marimaca Copper Corp's net assets metrics with peer companies in the Copper industry.
Industry Context
- Industry: Copper
- Average net assets among peers: $1,500,651,919
- Average return on equity (ROE) among peers: -35.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Marimaca Copper Corp (MARI) | CA$182.35 Million | -13.45% | 0.02x | $709.77 Million |
| Amerigo Resources Ltd. (ARG) | $150.52 Million | 10.22% | 0.44x | $736.55 Million |
| Aranjin Resources Ltd (ARJN) | $-618.72K | 0.00% | 0.00x | $993.53K |
| Arizona Sonoran Copper Company Inc (ASCU) | $1.82 Million | -131.87% | 5.65x | $652.36 Million |
| Bell Copper Corp (BCU) | $36.10 Million | -15.42% | 0.56x | $7.90 Million |
| Capstone Mining Corp (CS) | $3.46 Billion | 2.40% | 0.84x | $6.41 Billion |
| Copper Fox Metals Inc. (CUU) | $76.16 Million | -1.43% | 0.05x | $227.17 Million |
| Element 29 Resources Inc (ECU) | $12.84 Million | -55.68% | 0.04x | $152.98 Million |
| Ero Copper Corp (ERO) | $542.16 Million | 18.78% | 1.19x | $2.80 Billion |
| Faraday Copper Corp. (FDY) | $4.78 Million | -190.41% | 0.18x | $480.47 Million |
| First Quantum Minerals Ltd (FM) | $10.72 Billion | 4.11% | 1.20x | $21.48 Billion |
About Marimaca Copper Corp
Marimaca Copper Corp. engages in the exploration and development of base metal projects in Chile. The company explores for copper, gold, and other mineral deposits. Its flagship project is the 100% owned Marimaca copper project located to the east of the coastal port of Mejillones in the Antofagasta region, northern Chile. The company was formerly known as Coro Mining Corp. and changed its name t… Read more