Athabasca Minerals Inc
Aben Gold Corp., a gold exploration company, engages in the acquisition and exploration of mineral properties primarily in British Columbia, Saskatchewan, and Yukon, Canada. Its flagship project is the 100% owned Justin gold project, which covers an area of 7,400 hectares located in the Tintina Gold Belt in southeast Yukon. The company was formerly known as Aben Minerals Ltd. and changed its name… Read more
Athabasca Minerals Inc (ABM) - Net Assets
Latest net assets as of September 2025: CA$7.70 Million CAD
Based on the latest financial reports, Athabasca Minerals Inc (ABM) has net assets worth CA$7.70 Million CAD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$8.13 Million) and total liabilities (CA$435.05K). 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$7.70 Million |
| % of Total Assets | 94.65% |
| Annual Growth Rate | -7.59% |
| 5-Year Change | -47.31% |
| 10-Year Change | -71.58% |
| Growth Volatility | 19.01 |
Athabasca Minerals Inc - Net Assets Trend (2013–2025)
This chart illustrates how Athabasca Minerals 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 Athabasca Minerals Inc (2013–2025)
The table below shows the annual net assets of Athabasca Minerals Inc from 2013 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CA$7.70 Million | -42.44% |
| 2024-12-31 | CA$13.38 Million | -3.05% |
| 2023-12-31 | CA$13.80 Million | -3.21% |
| 2022-12-31 | CA$14.25 Million | -2.46% |
| 2021-12-31 | CA$14.61 Million | -0.40% |
| 2018-12-31 | CA$14.67 Million | -6.54% |
| 2017-12-31 | CA$15.70 Million | -14.25% |
| 2016-12-31 | CA$18.31 Million | -10.45% |
| 2015-12-31 | CA$20.44 Million | -24.53% |
| 2014-12-31 | CA$27.09 Million | +36.51% |
| 2013-12-31 | CA$19.85 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Athabasca Minerals 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 478.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$48.78 Million | 633.60% |
| Total Equity | CA$7.70 Million | 100.00% |
Athabasca Minerals Inc Competitors by Market Cap
The table below lists competitors of Athabasca Minerals Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Auga Group AB
STU:W9Z
|
$3.80 Million |
|
Aurora Energy Metals Ltd
AU:1AE
|
$3.81 Million |
|
Global Tech Industries Group Inc
PINK:GTII
|
$3.81 Million |
|
Mint Incorporation Limited Class A Ordinary Shares
NASDAQ:MIMI
|
$3.81 Million |
|
Moving iMage Technologies Inc
NYSE MKT:MITQ
|
$3.80 Million |
|
TSA
KLSE:0297
|
$3.80 Million |
|
Telo Genomics Corp
OTCQB:TDSGF
|
$3.80 Million |
|
Sow Good Inc. Common Stock
OTCQB:SOWG
|
$3.80 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Athabasca Minerals Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 13,376,131 to 7,699,060, a change of -5,677,071 (-42.4%).
- Net loss of 5,982,178 reduced equity.
- New share issuances of 316,000 increased equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-5.98 Million | -77.7% |
| Share Issuances | CA$316.00K | +4.1% |
| Other Changes | CA$-10.89K | -0.14% |
| Total Change | CA$- | -42.44% |
Book Value vs Market Value Analysis
This analysis compares Athabasca Minerals 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
- Current price-to-book ratio: 0.63x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.19x to 0.63x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | CA$1.11 | CA$0.21 | x |
| 2022-12-31 | CA$1.04 | CA$0.21 | x |
| 2023-12-31 | CA$0.74 | CA$0.21 | x |
| 2024-12-31 | CA$0.71 | CA$0.21 | x |
| 2025-12-31 | CA$0.33 | CA$0.21 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Athabasca Minerals Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -77.70%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.06x
- Recent ROE (-77.70%) is below the historical average (-15.73%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 9.68% | 7.58% | 0.71x | 1.80x | CA$-62.88K |
| 2014 | -2.83% | -3.16% | 0.61x | 1.47x | CA$-3.48 Million |
| 2015 | -35.77% | -37.60% | 0.66x | 1.45x | CA$-9.36 Million |
| 2016 | -12.13% | -30.10% | 0.31x | 1.31x | CA$-4.05 Million |
| 2017 | -17.12% | -35.94% | 0.39x | 1.23x | CA$-4.26 Million |
| 2018 | -17.11% | -48.91% | 0.25x | 1.38x | CA$-3.98 Million |
| 2021 | -4.11% | 0.00% | 0.00x | 1.01x | CA$-2.06 Million |
| 2022 | -4.25% | 0.00% | 0.00x | 1.00x | CA$-2.03 Million |
| 2023 | -8.00% | 0.00% | 0.00x | 1.00x | CA$-2.48 Million |
| 2024 | -3.65% | 0.00% | 0.00x | 1.02x | CA$-1.83 Million |
| 2025 | -77.70% | 0.00% | 0.00x | 1.06x | CA$-6.75 Million |
Industry Comparison
This section compares Athabasca Minerals Inc's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $2,062,920
- Average return on equity (ROE) among peers: -11.45%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Athabasca Minerals Inc (ABM) | CA$7.70 Million | 9.68% | 0.06x | $3.80 Million |
| AIS Resources Ltd (AIS) | $733.20K | -18.86% | 0.02x | $1.22 Million |
| Algo Grande Copper Corp. (ALGR) | $3.28 Million | -19.80% | 0.18x | $7.66 Million |
| Alliance Mining Corp (ALM) | $-2.44 Million | 0.00% | 0.00x | $1.27 Million |
| Argus Metals Corp. (AML) | $-194.53K | 0.00% | 0.00x | $248.82K |
| Antler Gold Inc (ANTL) | $5.56 Million | -15.72% | 0.05x | $3.41 Million |
| Apogee Minerals Ltd (APMI) | $509.07K | -27.00% | 0.02x | $1.15 Million |
| Awale Resources Ltd (ARIC) | $11.21 Million | -15.12% | 0.10x | $38.72 Million |
| Au Gold Corp (AUGC) | $1.73 Million | -6.53% | 0.01x | $4.70 Million |
| AUX Resources Corporation (AUX) | $-1.82 Million | 0.00% | 0.00x | $12.37 Million |