Abcourt Mines Inc. (ABI) - Net Assets
Based on the latest financial reports, Abcourt Mines Inc. (ABI) has net assets worth CA$2.64 Million CAD (≈ $1.91 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$38.94 Million ≈ $28.17 Million USD) and total liabilities (CA$36.30 Million ≈ $26.26 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 Abcourt Mines Inc. tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$2.64 Million |
| % of Total Assets | 6.78% |
| Annual Growth Rate | N/A |
| 5-Year Change | -119.85% |
| 10-Year Change | -128.59% |
| Growth Volatility | 63.32 |
Abcourt Mines Inc. - Net Assets Trend (2000–2024)
This chart illustrates how Abcourt Mines Inc.'s net assets have evolved over time, based on quarterly financial data. See Abcourt Mines Inc. defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Abcourt Mines Inc. (2000–2024)
The table below shows the annual net assets of Abcourt Mines Inc. from 2000 to 2024. For live valuation and market cap data, see how much is Abcourt Mines Inc. worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | CA$-6.28 Million ≈ $-4.55 Million |
-236.42% |
| 2023-06-30 | CA$-1.87 Million ≈ $-1.35 Million |
+40.25% |
| 2022-06-30 | CA$-3.13 Million ≈ $-2.26 Million |
-118.69% |
| 2021-06-30 | CA$16.73 Million ≈ $12.10 Million |
-47.16% |
| 2020-06-30 | CA$31.66 Million ≈ $22.90 Million |
+2.89% |
| 2019-06-30 | CA$30.77 Million ≈ $22.26 Million |
+3.15% |
| 2018-06-30 | CA$29.83 Million ≈ $21.58 Million |
+7.85% |
| 2017-06-30 | CA$27.66 Million ≈ $20.01 Million |
+10.02% |
| 2016-06-30 | CA$25.14 Million ≈ $18.19 Million |
+14.39% |
| 2015-06-30 | CA$21.98 Million ≈ $15.90 Million |
+5.01% |
| 2014-06-30 | CA$20.93 Million ≈ $15.14 Million |
+4.08% |
| 2013-06-30 | CA$20.11 Million ≈ $14.55 Million |
+1.04% |
| 2012-06-30 | CA$19.90 Million ≈ $14.40 Million |
+3.21% |
| 2011-06-30 | CA$19.28 Million ≈ $13.95 Million |
+114.10% |
| 2010-06-30 | CA$9.01 Million ≈ $6.52 Million |
+22.50% |
| 2009-06-30 | CA$7.35 Million ≈ $5.32 Million |
+9.12% |
| 2008-06-30 | CA$6.74 Million ≈ $4.87 Million |
+39.42% |
| 2007-06-30 | CA$4.83 Million ≈ $3.50 Million |
+45.19% |
| 2006-06-30 | CA$3.33 Million ≈ $2.41 Million |
+81.49% |
| 2005-06-30 | CA$1.83 Million ≈ $1.33 Million |
+238.34% |
| 2004-06-30 | CA$542.08K ≈ $392.14K |
+21.71% |
| 2003-06-30 | CA$445.37K ≈ $322.18K |
+48.37% |
| 2002-06-30 | CA$300.17K ≈ $217.14K |
-2.22% |
| 2001-06-30 | CA$307.00K ≈ $222.08K |
+14.54% |
| 2000-06-30 | CA$268.03K ≈ $193.89K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Abcourt Mines 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 6056499600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$67.83 Million | % |
| Total Equity | CA$-6.28 Million | 100.00% |
Abcourt Mines Inc. Competitors by Market Cap
The table below lists competitors of Abcourt Mines Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hektar Real Estate Investment Trust
KLSE:5121
|
$77.46 Million |
|
Credit Clear Ltd
AU:CCR
|
$77.47 Million |
|
Delfingen
PA:ALDEL
|
$77.48 Million |
|
Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme
AT:MOTO
|
$77.49 Million |
|
Complete Solaria, Inc
NASDAQ:SPWR
|
$77.46 Million |
|
Omer-Decugis & Cie
PA:ALODC
|
$77.44 Million |
|
Libertas 7 SA
MC:LIB
|
$77.41 Million |
|
RGB International Bhd
KLSE:0037
|
$77.37 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Abcourt Mines Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -1,867,936 to -6,284,136, a change of -4,416,200.
- Net loss of 11,585,571 reduced equity.
- New share issuances of 7,001,870 increased equity.
- Other comprehensive income decreased equity by 621,918.
- Other factors increased equity by 789,419.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-11.59 Million | -184.36% |
| Share Issuances | CA$7.00 Million | +111.42% |
| Other Comprehensive Income | CA$-621.92K | -9.9% |
| Other Changes | CA$789.42K | +12.56% |
| Total Change | CA$- | % |
Book Value vs Market Value Analysis
This analysis compares Abcourt Mines 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 |
|---|---|---|---|
| 2000-06-30 | CA$0.01 | CA$0.09 | x |
| 2001-06-30 | CA$0.01 | CA$0.09 | x |
| 2002-06-30 | CA$0.01 | CA$0.09 | x |
| 2003-06-30 | CA$0.02 | CA$0.09 | x |
| 2004-06-30 | CA$0.02 | CA$0.09 | x |
| 2005-06-30 | CA$0.05 | CA$0.09 | x |
| 2006-06-30 | CA$0.08 | CA$0.09 | x |
| 2007-06-30 | CA$0.11 | CA$0.09 | x |
| 2008-06-30 | CA$0.14 | CA$0.09 | x |
| 2009-06-30 | CA$0.13 | CA$0.09 | x |
| 2010-06-30 | CA$0.13 | CA$0.09 | x |
| 2011-06-30 | CA$0.19 | CA$0.09 | x |
| 2012-06-30 | CA$0.13 | CA$0.09 | x |
| 2013-06-30 | CA$0.12 | CA$0.09 | x |
| 2014-06-30 | CA$0.12 | CA$0.09 | x |
| 2015-06-30 | CA$0.11 | CA$0.09 | x |
| 2016-06-30 | CA$0.11 | CA$0.09 | x |
| 2017-06-30 | CA$0.10 | CA$0.09 | x |
| 2018-06-30 | CA$0.11 | CA$0.09 | x |
| 2019-06-30 | CA$0.10 | CA$0.09 | x |
| 2020-06-30 | CA$0.10 | CA$0.09 | x |
| 2021-06-30 | CA$0.05 | CA$0.09 | x |
| 2022-06-30 | CA$-0.01 | CA$0.09 | x |
| 2023-06-30 | CA$-0.01 | CA$0.09 | x |
| 2024-06-30 | CA$-0.01 | CA$0.09 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Abcourt Mines Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4369.93%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-6.06%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | -8.21% | -2199700.00% | 0.00x | 1.05x | CA$-48.80K |
| 2001 | -91.86% | -282.00% | 0.32x | 1.01x | CA$-312.70K |
| 2002 | -2.15% | -17.89% | 0.11x | 1.07x | CA$-36.48K |
| 2003 | 6.51% | 375.16% | 0.02x | 1.10x | CA$-15.55K |
| 2004 | -7.78% | -172.03% | 0.04x | 1.16x | CA$-96.40K |
| 2005 | -18.40% | -951.51% | 0.02x | 1.05x | CA$-520.90K |
| 2006 | -20.67% | 0.00% | 0.00x | 1.04x | CA$-1.02 Million |
| 2007 | -6.40% | -173.74% | 0.04x | 1.03x | CA$-792.79K |
| 2008 | -4.24% | -296.26% | 0.01x | 1.09x | CA$-959.48K |
| 2009 | -6.57% | -1670.09% | 0.00x | 1.04x | CA$-1.22 Million |
| 2010 | -0.50% | -514.09% | 0.00x | 1.05x | CA$-945.79K |
| 2011 | -5.21% | -5020010.00% | 0.00x | 1.02x | CA$-2.93 Million |
| 2012 | -2.53% | -5092.20% | 0.00x | 1.04x | CA$-2.49 Million |
| 2013 | -1.76% | -4804.94% | 0.00x | 1.05x | CA$-2.37 Million |
| 2014 | -1.59% | 0.00% | 0.00x | 1.08x | CA$-2.43 Million |
| 2015 | -4.61% | -4975.64% | 0.00x | 1.07x | CA$-3.21 Million |
| 2016 | 6.90% | 15.07% | 0.34x | 1.34x | CA$-780.62K |
| 2017 | -3.28% | -4.07% | 0.59x | 1.35x | CA$-3.67 Million |
| 2018 | 4.74% | 5.43% | 0.63x | 1.39x | CA$-1.57 Million |
| 2019 | 0.52% | 0.63% | 0.61x | 1.37x | CA$-2.92 Million |
| 2020 | 1.13% | 1.49% | 0.53x | 1.45x | CA$-2.81 Million |
| 2021 | 14.49% | 8.79% | 0.87x | 1.90x | CA$751.71K |
| 2022 | 0.00% | -106.01% | 1.66x | 0.00x | CA$-21.31 Million |
| 2023 | 0.00% | -76.09% | 0.40x | 0.00x | CA$-5.15 Million |
| 2024 | 0.00% | -4369.93% | 0.02x | 0.00x | CA$-10.96 Million |
Industry Comparison
This section compares Abcourt Mines Inc.'s net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $3,840,826,079
- Average return on equity (ROE) among peers: -11.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Abcourt Mines Inc. (ABI) | CA$2.64 Million | -8.21% | 13.75x | $77.46 Million |
| Allied Gold Corporation (AAUC) | $111.36 Million | -6.66% | 4.92x | $3.29 Billion |
| Barrick Gold Corp (ABX) | $32.31 Billion | 6.26% | 0.45x | $70.55 Billion |
| American Eagle Gold Corp (AE) | $35.20 Million | -22.32% | 0.04x | $142.56 Million |
| Agnico Eagle Mines Limited (AEM) | $2.06 Billion | 6.77% | 0.33x | $86.35 Billion |
| Alamos Gold Inc (AGI) | $25.69 Million | -7.53% | 0.11x | $15.94 Billion |
| AIS Resources Ltd (AIS) | $479.48K | -11.79% | 0.06x | $2.79 Million |
| Alliance Mining Corp (ALM) | $-655.60K | 0.00% | 0.00x | $1.58 Million |
| Altamira Gold Corp (ALTA) | $24.24 Million | -6.73% | 0.03x | $41.82 Million |
| Almaden Minerals Ltd (AMM) | $5.18 Million | -58.59% | 0.09x | $24.82 Million |
About Abcourt Mines Inc.
Abcourt Mines Inc. engages in the acquisition, exploration, evaluation, and exploitation of gold mining properties in Canada. The company also explores for silver and zinc deposits. Abcourt Mines Inc. was incorporated in 1971 and is headquartered in Rouyn-Noranda, Canada.