Arctic Star Exploration Corp (ADD) - Net Assets
Based on the latest financial reports, Arctic Star Exploration Corp (ADD) has net assets worth CA$7.18 Million CAD (≈ $5.19 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$8.74 Million ≈ $6.32 Million USD) and total liabilities (CA$1.56 Million ≈ $1.13 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 Arctic Star Exploration Corp liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$7.18 Million |
| % of Total Assets | 82.11% |
| Annual Growth Rate | 14.34% |
| 5-Year Change | 87.34% |
| 10-Year Change | 462.2% |
| Growth Volatility | 108.34 |
Arctic Star Exploration Corp - Net Assets Trend (2001–2024)
This chart illustrates how Arctic Star Exploration Corp's net assets have evolved over time, based on quarterly financial data. Also explore ADD asset base for the complete picture of this company's asset base.
Annual Net Assets for Arctic Star Exploration Corp (2001–2024)
The table below shows the annual net assets of Arctic Star Exploration Corp from 2001 to 2024. For live valuation and market cap data, see Arctic Star Exploration Corp (ADD) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$7.61 Million ≈ $5.51 Million |
-7.19% |
| 2023-12-31 | CA$8.20 Million ≈ $5.93 Million |
-14.67% |
| 2022-12-31 | CA$9.61 Million ≈ $6.95 Million |
+37.61% |
| 2021-12-31 | CA$6.98 Million ≈ $5.05 Million |
+71.92% |
| 2020-12-31 | CA$4.06 Million ≈ $2.94 Million |
-6.38% |
| 2019-12-31 | CA$4.34 Million ≈ $3.14 Million |
+5.03% |
| 2018-12-31 | CA$4.13 Million ≈ $2.99 Million |
-24.98% |
| 2017-12-31 | CA$5.51 Million ≈ $3.98 Million |
+126.66% |
| 2016-12-31 | CA$2.43 Million ≈ $1.76 Million |
+79.50% |
| 2015-12-31 | CA$1.35 Million ≈ $979.21K |
-51.45% |
| 2014-12-31 | CA$2.79 Million ≈ $2.02 Million |
+15.00% |
| 2013-12-31 | CA$2.42 Million ≈ $1.75 Million |
+58.78% |
| 2012-12-31 | CA$1.53 Million ≈ $1.10 Million |
+13.30% |
| 2011-12-31 | CA$1.35 Million ≈ $974.96K |
-93.35% |
| 2010-12-31 | CA$20.26 Million ≈ $14.66 Million |
-6.83% |
| 2009-12-31 | CA$21.75 Million ≈ $15.73 Million |
-2.68% |
| 2008-12-31 | CA$22.35 Million ≈ $16.17 Million |
+1.22% |
| 2007-12-31 | CA$22.08 Million ≈ $15.97 Million |
+26.20% |
| 2006-12-31 | CA$17.49 Million ≈ $12.65 Million |
+54.17% |
| 2005-12-31 | CA$11.35 Million ≈ $8.21 Million |
+19.25% |
| 2004-12-31 | CA$9.51 Million ≈ $6.88 Million |
+133.03% |
| 2003-12-31 | CA$4.08 Million ≈ $2.95 Million |
+98.63% |
| 2002-12-31 | CA$2.06 Million ≈ $1.49 Million |
+488.57% |
| 2001-12-31 | CA$349.24K ≈ $252.63K |
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Equity Component Analysis
This analysis shows how different components contribute to Arctic Star Exploration 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 6487013300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$72.71 Million | 955.48% |
| Total Equity | CA$7.61 Million | 100.00% |
Arctic Star Exploration Corp Competitors by Market Cap
The table below lists competitors of Arctic Star Exploration Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
StableX Technologies, Inc.
NASDAQ:SBLX
|
$1.73 Million |
|
Steakholder Foods Ltd
NASDAQ:STKH
|
$1.73 Million |
|
American Rebel Holdings Inc
NASDAQ:AREB
|
$1.73 Million |
|
Knights Group Holdings plc
LSE:KGH
|
$1.74 Million |
|
KARELIAN DIA.R. EO-00025
F:KJY1
|
$1.72 Million |
|
Adial Pharmaceuticals Inc
NASDAQ:ADIL
|
$1.72 Million |
|
Cinis Fertilizer AB
ST:CINIS
|
$1.72 Million |
|
China Pharma Holdings Inc
NYSE MKT:CPHI
|
$1.72 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Arctic Star Exploration Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 8,200,111 to 7,610,206, a change of -589,905 (-7.2%).
- Net loss of 825,415 reduced equity.
- New share issuances of 236,650 increased equity.
- Other comprehensive income decreased equity by 7,692,876.
- Other factors increased equity by 7,691,736.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-825.41K | -10.85% |
| Share Issuances | CA$236.65K | +3.11% |
| Other Comprehensive Income | CA$-7.69 Million | -101.09% |
| Other Changes | CA$7.69 Million | +101.07% |
| Total Change | CA$- | -7.19% |
Book Value vs Market Value Analysis
This analysis compares Arctic Star Exploration 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: 0.31x
- 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 0.01x to 0.31x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | CA$1.49 | CA$0.01 | x |
| 2002-12-31 | CA$4.93 | CA$0.01 | x |
| 2003-12-31 | CA$8.03 | CA$0.01 | x |
| 2004-12-31 | CA$11.78 | CA$0.01 | x |
| 2005-12-31 | CA$42.50 | CA$0.01 | x |
| 2006-12-31 | CA$9.79 | CA$0.01 | x |
| 2007-12-31 | CA$8.53 | CA$0.01 | x |
| 2008-12-31 | CA$6.69 | CA$0.01 | x |
| 2009-12-31 | CA$5.11 | CA$0.01 | x |
| 2010-12-31 | CA$18.24 | CA$0.01 | x |
| 2011-12-31 | CA$0.20 | CA$0.01 | x |
| 2012-12-31 | CA$0.84 | CA$0.01 | x |
| 2013-12-31 | CA$0.96 | CA$0.01 | x |
| 2014-12-31 | CA$0.83 | CA$0.01 | x |
| 2015-12-31 | CA$0.33 | CA$0.01 | x |
| 2016-12-31 | CA$0.10 | CA$0.01 | x |
| 2017-12-31 | CA$0.46 | CA$0.01 | x |
| 2018-12-31 | CA$0.20 | CA$0.01 | x |
| 2019-12-31 | CA$0.17 | CA$0.01 | x |
| 2020-12-31 | CA$0.08 | CA$0.01 | x |
| 2021-12-31 | CA$0.07 | CA$0.01 | x |
| 2022-12-31 | CA$0.05 | CA$0.01 | x |
| 2023-12-31 | CA$0.04 | CA$0.01 | x |
| 2024-12-31 | CA$0.03 | CA$0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Arctic Star Exploration Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -10.85%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.15x
- Recent ROE (-10.85%) is above the historical average (-106.69%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | -66.95% | 0.00% | 0.00x | 2.53x | CA$-268.75K |
| 2002 | -33.58% | 0.00% | 0.00x | 1.13x | CA$-895.74K |
| 2003 | -49.44% | 0.00% | 0.00x | 1.03x | CA$-2.43 Million |
| 2004 | -21.61% | 0.00% | 0.00x | 1.03x | CA$-3.01 Million |
| 2005 | -24.62% | 0.00% | 0.00x | 1.09x | CA$-3.93 Million |
| 2006 | 0.37% | 0.00% | 0.00x | 1.03x | CA$-1.68 Million |
| 2007 | -0.90% | 0.00% | 0.00x | 1.03x | CA$-2.41 Million |
| 2008 | -21.18% | 0.00% | 0.00x | 1.05x | CA$-6.97 Million |
| 2009 | -5.00% | 0.00% | 0.00x | 1.13x | CA$-3.26 Million |
| 2010 | -20.49% | 0.00% | 0.00x | 1.12x | CA$-6.18 Million |
| 2011 | -1496.52% | 0.00% | 0.00x | 1.09x | CA$-20.30 Million |
| 2012 | -204.67% | 0.00% | 0.00x | 1.16x | CA$-3.28 Million |
| 2013 | -71.08% | 0.00% | 0.00x | 1.05x | CA$-1.97 Million |
| 2014 | -54.00% | 0.00% | 0.00x | 1.08x | CA$-1.78 Million |
| 2015 | -152.13% | 0.00% | 0.00x | 1.40x | CA$-2.19 Million |
| 2016 | -43.87% | 0.00% | 0.00x | 1.26x | CA$-1.31 Million |
| 2017 | -51.33% | 0.00% | 0.00x | 1.11x | CA$-3.38 Million |
| 2018 | -73.65% | 0.00% | 0.00x | 1.19x | CA$-3.46 Million |
| 2019 | -49.67% | 0.00% | 0.00x | 1.23x | CA$-2.45 Million |
| 2020 | -36.84% | 0.00% | 0.00x | 1.23x | CA$-1.80 Million |
| 2021 | -28.35% | 0.00% | 0.00x | 1.16x | CA$-2.68 Million |
| 2022 | -24.50% | 0.00% | 0.00x | 1.04x | CA$-3.32 Million |
| 2023 | -19.66% | 0.00% | 0.00x | 1.09x | CA$-2.43 Million |
| 2024 | -10.85% | 0.00% | 0.00x | 1.15x | CA$-1.59 Million |
Industry Comparison
This section compares Arctic Star Exploration Corp's net assets metrics with peer companies in the Other Precious Metals & Mining industry.
Industry Context
- Industry: Other Precious Metals & Mining
- Average net assets among peers: $20,288,240
- Average return on equity (ROE) among peers: -27.63%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Arctic Star Exploration Corp (ADD) | CA$7.18 Million | -66.95% | 0.22x | $1.73 Million |
| AbraSilver Resource Corp. (ABRA) | $8.76 Million | -117.42% | 2.77x | $1.97 Billion |
| Archon Minerals Ltd (ACS) | $-1.32 Million | 0.00% | 0.00x | $4.63 Million |
| Adyton Resources Corp (ADY) | $276.14K | -90.50% | 0.96x | $80.71 Million |
| Adamera Minerals Corp. (ADZ) | $4.83 Million | -11.80% | 0.15x | $3.91 Million |
| Austral Gold Ltd (AGLD) | $79.55 Million | 12.51% | 0.72x | $69.64 Million |
| Clean Air Metals Inc (AIR) | $33.89 Million | -9.22% | 0.12x | $12.23 Million |
| Alpha Exploration Ltd (ALEX) | $15.98 Million | -2.45% | 0.05x | $43.40 Million |
| American Creek Resources Ltd (AMK) | $14.12 Million | -24.77% | 0.02x | $54.98 Million |
| Azucar Minerals Ltd (AMZ) | $26.52 Million | -4.99% | 0.01x | $3.47 Million |
About Arctic Star Exploration Corp
Arctic Star Exploration Corp., a junior natural resource company, acquires, explores, and develops mineral properties in Canada and Finland. It primarily explores for diamond. The company's flagship project is the Diagras diamond project located in the north-eastern part of the prolific Lac de Gras kimberlite field. The company was formerly known as Arctic Star Diamond Corp. and changed its name … Read more