AM Resources Corp (AMR) - Net Assets
Based on the latest financial reports, AM Resources Corp (AMR) has net assets worth CA$171.19K CAD (≈ $123.84K USD) as of September 2023. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$1.28 Million ≈ $928.87K USD) and total liabilities (CA$1.11 Million ≈ $805.03K 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 AM Resources Corp liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$171.19K |
| % of Total Assets | 13.33% |
| Annual Growth Rate | -18.52% |
| 5-Year Change | -82.46% |
| 10-Year Change | N/A |
| Growth Volatility | 57.5 |
AM Resources Corp - Net Assets Trend (2016–2022)
This chart illustrates how AM Resources Corp's net assets have evolved over time, based on quarterly financial data. Also explore AM Resources Corp total assets for the complete picture of this company's asset base.
Annual Net Assets for AM Resources Corp (2016–2022)
The table below shows the annual net assets of AM Resources Corp from 2016 to 2022. For live valuation and market cap data, see market cap of AM Resources Corp.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | CA$462.09K ≈ $334.27K |
-22.55% |
| 2021-12-31 | CA$596.66K ≈ $431.61K |
-59.41% |
| 2020-12-31 | CA$1.47 Million ≈ $1.06 Million |
-30.22% |
| 2019-12-31 | CA$2.11 Million ≈ $1.52 Million |
-20.06% |
| 2018-12-31 | CA$2.63 Million ≈ $1.91 Million |
+118.96% |
| 2017-12-31 | CA$1.20 Million ≈ $870.54K |
-23.74% |
| 2016-12-31 | CA$1.58 Million ≈ $1.14 Million |
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Equity Component Analysis
This analysis shows how different components contribute to AM Resources 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 1031278600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$10.65 Million | 5352.15% |
| Total Equity | CA$199.01K | 100.00% |
AM Resources Corp Competitors by Market Cap
The table below lists competitors of AM Resources Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nagreeka Capital & Infrastructure Limited
NSE:NAGREEKCAP
|
$3.98 Million |
|
GoldOn Resources Ltd
V:GLD
|
$3.98 Million |
|
SILVER HAMMER MINING CORP
F:7BW0
|
$3.98 Million |
|
Prima Alloy Steel Universal
JK:PRAS
|
$3.98 Million |
|
Green Ocean Corporation Bhd
KLSE:0074
|
$3.98 Million |
|
AbleGroup Bhd
KLSE:7086
|
$3.98 Million |
|
Heavy Rare EARTHS Ltd
AU:HRE
|
$3.97 Million |
|
Teuza A Fairchild Technology Venture Ltd
TA:TUZA
|
$3.97 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in AM Resources Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 326,964 to 199,010, a change of -127,954 (-39.1%).
- Net loss of 1,579,538 reduced equity.
- Share repurchases of 130,000 reduced equity.
- New share issuances of 1,315,500 increased equity.
- Other factors increased equity by 266,084.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-1.58 Million | -793.7% |
| Share Repurchases | CA$130.00K | -65.32% |
| Share Issuances | CA$1.32 Million | +661.02% |
| Other Changes | CA$266.08K | +133.7% |
| Total Change | CA$- | -39.13% |
Book Value vs Market Value Analysis
This analysis compares AM Resources 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: 24.49x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 0.06x to 24.49x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CA$0.63 | CA$0.04 | x |
| 2018-12-31 | CA$0.05 | CA$0.04 | x |
| 2019-12-31 | CA$0.03 | CA$0.04 | x |
| 2020-12-31 | CA$0.02 | CA$0.04 | x |
| 2021-12-31 | CA$0.00 | CA$0.04 | x |
| 2022-12-31 | CA$0.00 | CA$0.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently AM Resources Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -793.70%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1409.35%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 6.45x
- Recent ROE (-793.70%) is below the historical average (-291.16%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -17.25% | 0.00% | 0.00x | 2.53x | CA$-430.06K |
| 2017 | -48.75% | 0.00% | 0.00x | 3.54x | CA$-707.06K |
| 2018 | -140.62% | -158.42% | 0.58x | 1.52x | CA$-3.97 Million |
| 2019 | -70.54% | -125.25% | 0.27x | 2.12x | CA$-1.46 Million |
| 2020 | -47.67% | -122560.70% | 0.00x | 3.38x | CA$-679.07K |
| 2021 | -919.58% | -145.52% | 1.60x | 3.95x | CA$-3.04 Million |
| 2022 | -793.70% | -1409.35% | 0.09x | 6.45x | CA$-1.60 Million |
Industry Comparison
This section compares AM Resources 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: $15,173,164
- Average return on equity (ROE) among peers: -43.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| AM Resources Corp (AMR) | CA$171.19K | -17.25% | 6.50x | $3.98 Million |
| Aftermath Silver Ltd (AAG) | $23.92 Million | -29.78% | 0.34x | $182.88 Million |
| Aton Resources Inc (AAN) | $-272.49K | 0.00% | 0.00x | $48.87 Million |
| Arbor Metals Corp (ABR) | $3.78 Million | -10.88% | 0.34x | $11.43 Million |
| Asiabasemetals Inc (ABZ) | $-30.55K | 0.00% | 0.00x | $2.91 Million |
| Adex Mining Inc (ADE) | $-81.43K | 0.00% | 0.00x | $67.72 Million |
| Alphamin Res (AFM) | $159.81K | -280.73% | 0.49x | $1.33 Billion |
| Silver X Mining Corp (AGX) | $18.90 Million | -23.55% | 1.85x | $138.33 Million |
| Amarc Resources Ltd. (AHR) | $4.97 Million | -77.30% | 0.01x | $163.00 Million |
| Almonty Industries Inc (AII) | $21.86 Million | -10.24% | 0.68x | $4.73 Billion |
| Aldebaran Resources Inc (ALDE) | $78.53 Million | 0.45% | 0.01x | $355.00 Million |
About AM Resources Corp
AM Resources Corp., together with its subsidiaries, engages in the exploration of coal, hydrocarbons, and gold mining sites in Colombia and Canada. It owns 80% interest in the Mina Luz coal property, which covers an area of 40 hectares located to the southwest of the town of Popayan, Columbia. The company also holds a 60% interest in the Rio Negro asphaltite property that consists of a mining con… Read more