Alliance Mining Corp (ALM) - Net Assets
Based on the latest financial reports, Alliance Mining Corp (ALM) has net assets worth CA$-3.72 Million CAD (≈ $-2.69 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$4.84K ≈ $3.50K USD) and total liabilities (CA$3.73 Million ≈ $2.70 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Read ALM total debt and obligations for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-3.72 Million |
| % of Total Assets | -76954.63% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Alliance Mining Corp - Net Assets Trend (2016–2024)
This chart illustrates how Alliance Mining Corp's net assets have evolved over time, based on quarterly financial data. Also explore Alliance Mining Corp asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Alliance Mining Corp (2016–2024)
The table below shows the annual net assets of Alliance Mining Corp from 2016 to 2024. For live valuation and market cap data, see how much is Alliance Mining Corp worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$-3.11 Million ≈ $-2.25 Million |
-0.28% |
| 2023-12-31 | CA$-3.10 Million ≈ $-2.24 Million |
-27.03% |
| 2022-12-31 | CA$-2.44 Million ≈ $-1.77 Million |
-15.57% |
| 2021-12-31 | CA$-2.11 Million ≈ $-1.53 Million |
-9.16% |
| 2020-12-31 | CA$-1.94 Million ≈ $-1.40 Million |
-19.38% |
| 2019-12-31 | CA$-1.62 Million ≈ $-1.17 Million |
-29.04% |
| 2018-12-31 | CA$-1.26 Million ≈ $-908.91K |
-91.33% |
| 2017-12-31 | CA$-656.72K ≈ $-475.06K |
-0.17% |
| 2016-12-31 | CA$-655.60K ≈ $-474.25K |
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Equity Component Analysis
This analysis shows how different components contribute to Alliance Mining 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 388937000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$5.64 Million | % |
| Total Equity | CA$-3.11 Million | 100.00% |
Alliance Mining Corp Competitors by Market Cap
The table below lists competitors of Alliance Mining Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Trufin PLC
LSE:TRU
|
$1.59 Million |
|
Impex Ferro Tech Limited
NSE:IMPEXFERRO
|
$1.59 Million |
|
Adial Pharmaceuticals Inc
NASDAQ:ADIL
|
$1.59 Million |
|
Arctic Blue Beverages AB
ST:ARCTIC
|
$1.59 Million |
|
Yangaroo Inc
V:YOO
|
$1.58 Million |
|
Duke Royalty Ltd
LSE:DUKE
|
$1.58 Million |
|
Universe Pharmaceuticals Inc
NASDAQ:UPC
|
$1.58 Million |
|
Anatara Lifesciences Ltd
AU:ANR
|
$1.57 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Alliance Mining Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -3,102,049 to -3,110,593, a change of -8,544.
- Net loss of 8,544 reduced equity.
- Other factors decreased equity by 0.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-8.54K | -0.27% |
| Total Change | CA$- | % |
Book Value vs Market Value Analysis
This analysis compares Alliance Mining Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CA$-0.25 | CA$0.25 | x |
| 2018-12-31 | CA$-0.44 | CA$0.25 | x |
| 2019-12-31 | CA$-0.56 | CA$0.25 | x |
| 2020-12-31 | CA$-0.53 | CA$0.25 | x |
| 2021-12-31 | CA$-0.29 | CA$0.25 | x |
| 2022-12-31 | CA$-0.28 | CA$0.25 | x |
| 2023-12-31 | CA$-0.35 | CA$0.25 | x |
| 2024-12-31 | CA$-0.36 | CA$0.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Alliance Mining Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (0.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-200.39K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-249.05K |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-704.11K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-202.75K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-220.66K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-645.10K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-203.48K |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-349.88K |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | CA$302.52K |
Industry Comparison
This section compares Alliance Mining Corp's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $697,290,949
- Average return on equity (ROE) among peers: -117.72%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Alliance Mining Corp (ALM) | CA$-3.72 Million | 0.00% | N/A | $1.58 Million |
| Allied Gold Corporation (AAUC) | $111.36 Million | -6.66% | 4.92x | $3.66 Billion |
| Abcourt Mines Inc. (ABI) | $31.66 Million | 1.13% | 0.45x | $81.76 Million |
| Barrick Gold Corp (ABX) | $-1.58 Billion | 0.00% | 0.00x | $71.56 Billion |
| American Eagle Gold Corp (AE) | $3.09 Million | -121.24% | 0.18x | $150.07 Million |
| Agnico Eagle Mines Limited (AEM) | $4.95 Billion | 4.93% | 0.59x | $95.85 Billion |
| Alamos Gold Inc (AGI) | $2.74 Billion | -2.44% | 0.32x | $18.02 Billion |
| AIS Resources Ltd (AIS) | $4.96 Million | -17.19% | 0.24x | $1.76 Million |
| Altamira Gold Corp (ALTA) | $11.44 Million | -9.87% | 0.03x | $42.89 Million |
| Almaden Minerals Ltd (AMM) | $7.01 Million | -908.13% | 0.81x | $24.82 Million |
About Alliance Mining Corp
Alliance Mining Corp. engages in the acquisition, exploration, and development of mineral properties in Canada. The company holds 100% interest in the Greenbelt Property comprising 27 contiguous mining claims covering an area of approximately 410 hectares located south of Bissett, Manitoba. It also has an option agreement to acquire a 100% interest in the Red Rice Lake Property and the Moose Gold… Read more