Altiplano Metals Inc (APN) - Net Assets
Based on the latest financial reports, Altiplano Metals Inc (APN) has net assets worth CA$-12.68K CAD (≈ $-9.17K 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$4.67 Million ≈ $3.38 Million USD) and total liabilities (CA$4.68 Million ≈ $3.39 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Read APN current and long-term liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-12.68K |
| % of Total Assets | -0.27% |
| Annual Growth Rate | 35.9% |
| 5-Year Change | 58.96% |
| 10-Year Change | 1332.65% |
| Growth Volatility | 567.2 |
Altiplano Metals Inc - Net Assets Trend (2010–2023)
This chart illustrates how Altiplano Metals Inc's net assets have evolved over time, based on quarterly financial data. Also explore APN asset base for the complete picture of this company's asset base.
Annual Net Assets for Altiplano Metals Inc (2010–2023)
The table below shows the annual net assets of Altiplano Metals Inc from 2010 to 2023. For live valuation and market cap data, see how much is Altiplano Metals Inc worth.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | CA$10.21 Million ≈ $7.39 Million |
-2.60% |
| 2022-12-31 | CA$10.49 Million ≈ $7.59 Million |
-2.70% |
| 2021-12-31 | CA$10.78 Million ≈ $7.80 Million |
+26.63% |
| 2020-12-31 | CA$8.51 Million ≈ $6.16 Million |
+32.47% |
| 2019-12-31 | CA$6.42 Million ≈ $4.65 Million |
-8.92% |
| 2018-12-31 | CA$7.05 Million ≈ $5.10 Million |
+115.39% |
| 2017-12-31 | CA$3.28 Million ≈ $2.37 Million |
+1048.04% |
| 2016-12-31 | CA$285.29K ≈ $206.37K |
+1881.02% |
| 2015-12-31 | CA$14.40K ≈ $10.42K |
-97.98% |
| 2014-12-31 | CA$712.88K ≈ $515.69K |
-27.96% |
| 2013-12-31 | CA$989.62K ≈ $715.88K |
-30.84% |
| 2012-12-31 | CA$1.43 Million ≈ $1.04 Million |
-10.45% |
| 2011-12-31 | CA$1.60 Million ≈ $1.16 Million |
+743.28% |
| 2010-12-31 | CA$189.48K ≈ $137.06K |
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Equity Component Analysis
This analysis shows how different components contribute to Altiplano Metals 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 1238019900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CA$20.87 Million | 204.38% |
| Other Comprehensive Income | CA$1.73 Million | 16.94% |
| Total Equity | CA$10.21 Million | 100.00% |
Altiplano Metals Inc Competitors by Market Cap
The table below lists competitors of Altiplano Metals Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sriwahana
JK:SWAT
|
$2.83 Million |
|
Essentra PLC
LSE:ESNT
|
$2.83 Million |
|
Kridhan Infra Limited
NSE:KRIDHANINF
|
$2.83 Million |
|
Icon Energy Corp.
NASDAQ:ICON
|
$2.83 Million |
|
Handal Resources Bhd
KLSE:7253
|
$2.83 Million |
|
Falcon Gold Corp
V:FG
|
$2.82 Million |
|
AH-Vest Limited
JSE:AHL
|
$2.82 Million |
|
Goenka Diamond and Jewels Limited
NSE:GOENKA
|
$2.81 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Altiplano Metals Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 10,486,262 to 10,213,131, a change of -273,131 (-2.6%).
- Net loss of 912,161 reduced equity.
- New share issuances of 906,000 increased equity.
- Other comprehensive income decreased equity by 434,936.
- Other factors increased equity by 167,966.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-912.16K | -8.93% |
| Share Issuances | CA$906.00K | +8.87% |
| Other Comprehensive Income | CA$-434.94K | -4.26% |
| Other Changes | CA$167.97K | +1.64% |
| Total Change | CA$- | -2.60% |
Book Value vs Market Value Analysis
This analysis compares Altiplano Metals 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: 0.30x
- 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 0.06x to 0.30x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CA$0.45 | CA$0.03 | x |
| 2012-12-31 | CA$0.30 | CA$0.03 | x |
| 2013-12-31 | CA$0.21 | CA$0.03 | x |
| 2014-12-31 | CA$0.15 | CA$0.03 | x |
| 2015-12-31 | CA$0.01 | CA$0.03 | x |
| 2016-12-31 | CA$0.04 | CA$0.03 | x |
| 2017-12-31 | CA$0.11 | CA$0.03 | x |
| 2018-12-31 | CA$0.12 | CA$0.03 | x |
| 2019-12-31 | CA$0.10 | CA$0.03 | x |
| 2020-12-31 | CA$0.11 | CA$0.03 | x |
| 2021-12-31 | CA$0.10 | CA$0.03 | x |
| 2022-12-31 | CA$0.09 | CA$0.03 | x |
| 2023-12-31 | CA$0.08 | CA$0.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Altiplano Metals Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -8.93%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.36x
- Recent ROE (-8.93%) is above the historical average (-104.36%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | -17.69% | 0.00% | 0.00x | 1.01x | CA$-442.38K |
| 2012 | -14.36% | 0.00% | 0.00x | 1.02x | CA$-348.56K |
| 2013 | -44.58% | 0.00% | 0.00x | 1.05x | CA$-540.18K |
| 2014 | -38.82% | 0.00% | 0.00x | 1.02x | CA$-348.03K |
| 2015 | -970.02% | 0.00% | 0.00x | 1.00x | CA$-566.55K |
| 2016 | -128.92% | 0.00% | 0.00x | 1.16x | CA$-396.31K |
| 2017 | -41.95% | 0.00% | 0.00x | 1.04x | CA$-1.70 Million |
| 2018 | -31.35% | 0.00% | 0.00x | 1.08x | CA$-2.92 Million |
| 2019 | -12.95% | 0.00% | 0.00x | 1.10x | CA$-1.47 Million |
| 2020 | -9.44% | 0.00% | 0.00x | 1.28x | CA$-1.65 Million |
| 2021 | -21.53% | 0.00% | 0.00x | 1.12x | CA$-3.40 Million |
| 2022 | -16.20% | 0.00% | 0.00x | 1.25x | CA$-2.75 Million |
| 2023 | -8.93% | 0.00% | 0.00x | 1.36x | CA$-1.93 Million |
Industry Comparison
This section compares Altiplano Metals Inc'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: $49,314,810
- Average return on equity (ROE) among peers: -11.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Altiplano Metals Inc (APN) | CA$-12.68K | -17.69% | N/A | $2.83 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 Altiplano Metals Inc
Altiplano Metals Inc., a junior resource company, focuses on evaluating and acquiring exploration projects in Chile. It explores for copper, iron, gold, and silver deposits. The company holds interest in the Santa Beatriz copper-gold project located near La Serena in Chile and the Maria Luisa property. It also operates the El Peñón processing facility to recover copper, gold, and iron. Altiplano … Read more