Alturas Minerals Corp (ALT) - Net Assets

Latest as of September 2025: CA$-2.15 Million CAD ≈ $-1.55 Million USD

Based on the latest financial reports, Alturas Minerals Corp (ALT) has net assets worth CA$-2.15 Million CAD (≈ $-1.55 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$128.49K ≈ $92.95K USD) and total liabilities (CA$2.28 Million ≈ $1.65 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 Alturas Minerals Corp (ALT) asset resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CA$-2.15 Million
% of Total Assets	-1671.38%
Annual Growth Rate	N/A
5-Year Change	-2825.38%
10-Year Change	N/A
Growth Volatility	N/A

Alturas Minerals Corp - Net Assets Trend (2013–2024)

This chart illustrates how Alturas Minerals Corp's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Alturas Minerals Corp for the complete picture of this company's asset base.

Annual Net Assets for Alturas Minerals Corp (2013–2024)

The table below shows the annual net assets of Alturas Minerals Corp from 2013 to 2024. For live valuation and market cap data, see ALT company net worth.

Year	Net Assets	Change
2024-12-31	CA$-2.04 Million ≈ $-1.48 Million	-9.36%
2023-12-31	CA$-1.87 Million ≈ $-1.35 Million	-35.22%
2022-12-31	CA$-1.38 Million ≈ $-1.00 Million	-67.48%
2021-12-31	CA$-825.50K ≈ $-597.15K	-1200.52%
2020-12-31	CA$75.01K ≈ $54.26K	+103.04%
2019-12-31	CA$-2.46 Million ≈ $-1.78 Million	-32.81%
2018-12-31	CA$-1.86 Million ≈ $-1.34 Million	-30.00%
2017-12-31	CA$-1.43 Million ≈ $-1.03 Million	-1.62%
2016-12-31	CA$-1.40 Million ≈ $-1.02 Million	-23.18%
2015-12-31	CA$-1.14 Million ≈ $-825.04K	-28.18%
2014-12-31	CA$-889.78K ≈ $-643.65K	-172.68%
2013-12-31	CA$-326.31K ≈ $-236.05K	--

Equity Component Analysis

This analysis shows how different components contribute to Alturas Minerals 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 263191600.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Other Components	CA$29.33 Million	%
Total Equity	CA$-2.04 Million	100.00%

Alturas Minerals Corp Competitors by Market Cap

The table below lists competitors of Alturas Minerals Corp ranked by their market capitalization.

Company	Market Cap
Ravelin Properties REIT TO:RPR-UN	$1.46 Million
FINTECH S.A. ZY 5 F:9DZ	$1.46 Million
Solid Clouds hf IC:SOLID	$1.46 Million
Impax Asset Management Group Plc LSE:IPX	$1.46 Million
Crown Place VCT PLC LSE:CRWN	$1.45 Million
Eagle Eye Solutions Group plc LSE:EYE	$1.45 Million
Alps Industries Limited NSE:ALPSINDUS	$1.45 Million
Eason Technology Limited NYSE MKT:DXF	$1.45 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Alturas Minerals Corp's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from -1,869,377 to -2,044,311, a change of -174,934.
Net loss of 196,782 reduced equity.
Other factors increased equity by 21,848.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CA$-196.78K	-9.63%
Other Changes	CA$21.85K	+1.07%
Total Change	CA$-	%

Book Value vs Market Value Analysis

This analysis compares Alturas Minerals 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$-0.01	CA$0.02	x
2018-12-31	CA$-0.01	CA$0.02	x
2019-12-31	CA$-0.02	CA$0.02	x
2020-12-31	CA$0.00	CA$0.02	x
2021-12-31	CA$-0.01	CA$0.02	x
2022-12-31	CA$-0.01	CA$0.02	x
2023-12-31	CA$-0.01	CA$0.02	x
2024-12-31	CA$-0.01	CA$0.02	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Alturas Minerals 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 (282.17%), 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	0.00%	0.00%	0.00x	0.00x	CA$-1.51 Million
2014	0.00%	0.00%	0.00x	0.00x	CA$-474.49K
2015	0.00%	0.00%	0.00x	0.00x	CA$-136.69K
2016	0.00%	0.00%	0.00x	0.00x	CA$-123.93K
2017	0.00%	0.00%	0.00x	0.00x	CA$-477.60K
2018	0.00%	0.00%	0.00x	0.00x	CA$-525.27K
2019	0.00%	0.00%	0.00x	0.00x	CA$-362.38K
2020	3386.00%	0.00%	0.00x	28.33x	CA$2.53 Million
2021	0.00%	0.00%	0.00x	0.00x	CA$-829.82K
2022	0.00%	0.00%	0.00x	0.00x	CA$-418.77K
2023	0.00%	0.00%	0.00x	0.00x	CA$-299.92K
2024	0.00%	0.00%	0.00x	0.00x	CA$7.65K

Industry Comparison

This section compares Alturas Minerals Corp's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.

Industry Context

Industry: Other Industrial Metals & Mining
Average net assets among peers: $49,314,810
Average return on equity (ROE) among peers: -11.56%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Alturas Minerals Corp (ALT)	CA$-2.15 Million	0.00%	N/A	$1.46 Million
Aftermath Silver Ltd (AAG)	$-553.41K	0.00%	0.00x	$185.75 Million
Aton Resources Inc (AAN)	$-1.13 Million	0.00%	0.00x	$49.79 Million
Arbor Metals Corp (ABR)	$1.00 Million	-16.27%	0.02x	$10.75 Million
Asiabasemetals Inc (ABZ)	$717.72K	-45.73%	0.05x	$4.67 Million
Adex Mining Inc (ADE)	$-30.95 Million	0.00%	0.00x	$27.09 Million
Alphamin Res (AFM)	$367.40 Million	27.47%	0.33x	$1.30 Billion
Silver X Mining Corp (AGX)	$38.37 Million	-47.47%	0.73x	$148.73 Million
Amarc Resources Ltd. (AHR)	$14.00 Million	5.93%	0.01x	$148.33 Million
Almonty Industries Inc (AII)	$39.75 Million	-36.45%	3.85x	$4.73 Billion
Aldebaran Resources Inc (ALDE)	$64.54 Million	-3.09%	0.01x	$332.39 Million

About Alturas Minerals Corp

V:ALT Canada Other Industrial Metals & Mining

Market Cap

$1.58 Million

CA$2.18 Million CAD

Market Cap Rank

#29953 Global

#1544 in Canada

Share Price

CA$0.02

Change (1 day)

+0.00%

52-Week Range

CA$0.01 - CA$0.02

All Time High

CA$0.08