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 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) and total liabilities (CA$36.30 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$2.64 Million |
| % of Total Assets | 6.78% |
| Annual Growth Rate | N/A |
| 5-Year Change | -119.85% |
| 10-Year Change | -128.59% |
| Growth Volatility | 63.32 |
Abcourt Mines Inc. - Net Assets Trend (2000–2024)
This chart illustrates how Abcourt Mines Inc.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Abcourt Mines Inc. (2000–2024)
The table below shows the annual net assets of Abcourt Mines Inc. from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | CA$-6.28 Million | -236.42% |
| 2023-06-30 | CA$-1.87 Million | +40.25% |
| 2022-06-30 | CA$-3.13 Million | -118.69% |
| 2021-06-30 | CA$16.73 Million | -47.16% |
| 2020-06-30 | CA$31.66 Million | +2.89% |
| 2019-06-30 | CA$30.77 Million | +3.15% |
| 2018-06-30 | CA$29.83 Million | +7.85% |
| 2017-06-30 | CA$27.66 Million | +10.02% |
| 2016-06-30 | CA$25.14 Million | +14.39% |
| 2015-06-30 | CA$21.98 Million | +5.01% |
| 2014-06-30 | CA$20.93 Million | +4.08% |
| 2013-06-30 | CA$20.11 Million | +1.04% |
| 2012-06-30 | CA$19.90 Million | +3.21% |
| 2011-06-30 | CA$19.28 Million | +114.10% |
| 2010-06-30 | CA$9.01 Million | +22.50% |
| 2009-06-30 | CA$7.35 Million | +9.12% |
| 2008-06-30 | CA$6.74 Million | +39.42% |
| 2007-06-30 | CA$4.83 Million | +45.19% |
| 2006-06-30 | CA$3.33 Million | +81.49% |
| 2005-06-30 | CA$1.83 Million | +238.34% |
| 2004-06-30 | CA$542.08K | +21.71% |
| 2003-06-30 | CA$445.37K | +48.37% |
| 2002-06-30 | CA$300.17K | -2.22% |
| 2001-06-30 | CA$307.00K | +14.54% |
| 2000-06-30 | CA$268.03K | -- |
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 |
|---|---|
|
Kothari Petrochemicals Limited
NSE:KOTHARIPET
|
$86.07 Million |
|
DIRECTA SIM SPA
F:ZP7
|
$86.07 Million |
|
OFX Group Ltd
AU:OFX
|
$86.07 Million |
|
Valiant Organics Limited
NSE:VALIANTORG
|
$86.08 Million |
|
Delfingen
PA:ALDEL
|
$86.06 Million |
|
Malaysian Bulk Carriers Bhd
KLSE:5077
|
$85.98 Million |
|
Surf Air Mobility Inc.
NYSE:SRFM
|
$85.98 Million |
|
Transat AT Inc
TO:TRZ
|
$85.97 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Abcourt Mines Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -1,867,936 to -6,284,136, a change of -4,416,200.
- Net loss of 11,585,571 reduced equity.
- New share issuances of 7,001,870 increased equity.
- Other comprehensive income decreased equity by 621,918.
- Other factors increased equity by 789,419.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-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$0.10 | x |
| 2001-06-30 | CA$0.01 | CA$0.10 | x |
| 2002-06-30 | CA$0.01 | CA$0.10 | x |
| 2003-06-30 | CA$0.02 | CA$0.10 | x |
| 2004-06-30 | CA$0.02 | CA$0.10 | x |
| 2005-06-30 | CA$0.05 | CA$0.10 | x |
| 2006-06-30 | CA$0.08 | CA$0.10 | x |
| 2007-06-30 | CA$0.11 | CA$0.10 | x |
| 2008-06-30 | CA$0.14 | CA$0.10 | x |
| 2009-06-30 | CA$0.13 | CA$0.10 | x |
| 2010-06-30 | CA$0.13 | CA$0.10 | x |
| 2011-06-30 | CA$0.19 | CA$0.10 | x |
| 2012-06-30 | CA$0.13 | CA$0.10 | x |
| 2013-06-30 | CA$0.12 | CA$0.10 | x |
| 2014-06-30 | CA$0.12 | CA$0.10 | x |
| 2015-06-30 | CA$0.11 | CA$0.10 | x |
| 2016-06-30 | CA$0.11 | CA$0.10 | x |
| 2017-06-30 | CA$0.10 | CA$0.10 | x |
| 2018-06-30 | CA$0.11 | CA$0.10 | x |
| 2019-06-30 | CA$0.10 | CA$0.10 | x |
| 2020-06-30 | CA$0.10 | CA$0.10 | x |
| 2021-06-30 | CA$0.05 | CA$0.10 | x |
| 2022-06-30 | CA$-0.01 | CA$0.10 | x |
| 2023-06-30 | CA$-0.01 | CA$0.10 | x |
| 2024-06-30 | CA$-0.01 | CA$0.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Abcourt Mines Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4369.93%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-6.06%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | -8.21% | -2199700.00% | 0.00x | 1.05x | CA$-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: $41,942,165
- Average return on equity (ROE) among peers: -30.50%
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 | $86.06 Million |
| Athabasca Minerals Inc (ABM) | $20.44 Million | -35.77% | 0.45x | $3.68 Million |
| American Eagle Gold Corp (AE) | $3.52 Million | -143.42% | 0.34x | $148.82 Million |
| Aero Energy Limited (AERO) | $14.72 Million | -5.86% | 0.05x | $9.68 Million |
| AIS Resources Ltd (AIS) | $1.78 Million | -62.23% | 0.56x | $1.76 Million |
| Algo Grande Copper Corp. (ALGR) | $3.28 Million | -19.80% | 0.18x | $9.71 Million |
| Alkane Resources Limited (ALK) | $309.37 Million | 5.71% | 0.50x | $985.87 Million |
| Alliance Mining Corp (ALM) | $-656.72K | 0.00% | 0.00x | $1.58 Million |
| Altamira Gold Corp (ALTA) | $21.46 Million | -7.16% | 0.01x | $38.60 Million |
| Argus Metals Corp. (AML) | $3.56 Million | -6.01% | 0.17x | $1.59 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.