Apex Resources Inc (APX) - Net Assets
Based on the latest financial reports, Apex Resources Inc (APX) has net assets worth CA$4.58 Million CAD (≈ $3.31 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$5.53 Million ≈ $4.00 Million USD) and total liabilities (CA$945.11K ≈ $683.68K 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 financial resilience of Apex Resources Inc to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$4.58 Million |
| % of Total Assets | 82.9% |
| Annual Growth Rate | -4.46% |
| 5-Year Change | 33.26% |
| 10-Year Change | 27.91% |
| Growth Volatility | 26.26 |
Apex Resources Inc - Net Assets Trend (2013–2024)
This chart illustrates how Apex Resources Inc's net assets have evolved over time, based on quarterly financial data. Also explore APX total asset value for the complete picture of this company's asset base.
Annual Net Assets for Apex Resources Inc (2013–2024)
The table below shows the annual net assets of Apex Resources Inc from 2013 to 2024. For live valuation and market cap data, see APX stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$4.19 Million ≈ $3.03 Million |
+65.71% |
| 2023-12-31 | CA$2.53 Million ≈ $1.83 Million |
-10.14% |
| 2022-12-31 | CA$2.81 Million ≈ $2.03 Million |
+3.12% |
| 2021-12-31 | CA$2.73 Million ≈ $1.97 Million |
-13.21% |
| 2020-12-31 | CA$3.14 Million ≈ $2.27 Million |
+15.86% |
| 2019-12-31 | CA$2.71 Million ≈ $1.96 Million |
-12.33% |
| 2018-12-31 | CA$3.09 Million ≈ $2.24 Million |
-10.56% |
| 2017-12-31 | CA$3.46 Million ≈ $2.50 Million |
+1.77% |
| 2016-12-31 | CA$3.40 Million ≈ $2.46 Million |
+3.82% |
| 2015-12-31 | CA$3.27 Million ≈ $2.37 Million |
-49.12% |
| 2014-12-31 | CA$6.43 Million ≈ $4.65 Million |
-7.03% |
| 2013-12-31 | CA$6.92 Million ≈ $5.00 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Apex Resources 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 672543800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$30.79 Million | 735.60% |
| Total Equity | CA$4.19 Million | 100.00% |
Apex Resources Inc Competitors by Market Cap
The table below lists competitors of Apex Resources Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Marna Beteiligungen AG
F:M5S
|
$3.32 Million |
|
Vertical Explorations Inc
V:VERT
|
$3.32 Million |
|
Odyssean Investment Trust PLC
LSE:OIT
|
$3.32 Million |
|
Genesis Resources Ltd
AU:GES
|
$3.32 Million |
|
ODI PHARMA AB
F:6OD
|
$3.31 Million |
|
BIOMIND LABS INC.
F:3XI
|
$3.31 Million |
|
Coloseum Holding a.s.
PR:COLOS
|
$3.31 Million |
|
iTonic Holdings Ltd.
NASDAQ:ITOC
|
$3.31 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Apex Resources Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,525,628 to 4,185,154, a change of 1,659,526 (65.7%).
- Net loss of 651,264 reduced equity.
- New share issuances of 630,000 increased equity.
- Other factors increased equity by 1,680,790.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-651.26K | -15.56% |
| Share Issuances | CA$630.00K | +15.05% |
| Other Changes | CA$1.68 Million | +40.16% |
| Total Change | CA$- | 65.71% |
Book Value vs Market Value Analysis
This analysis compares Apex Resources 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: 0.85x
- 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 0.22x to 0.85x 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$0.25 | CA$0.06 | x |
| 2018-12-31 | CA$0.22 | CA$0.06 | x |
| 2019-12-31 | CA$0.18 | CA$0.06 | x |
| 2020-12-31 | CA$0.13 | CA$0.06 | x |
| 2021-12-31 | CA$0.11 | CA$0.06 | x |
| 2022-12-31 | CA$0.08 | CA$0.06 | x |
| 2023-12-31 | CA$0.07 | CA$0.06 | x |
| 2024-12-31 | CA$0.06 | CA$0.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Apex Resources Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -15.56%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.18x
- Recent ROE (-15.56%) is above the historical average (-19.80%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -31.23% | 0.00% | 0.00x | 1.04x | CA$-2.85 Million |
| 2014 | -7.62% | 0.00% | 0.00x | 1.01x | CA$-1.13 Million |
| 2015 | -96.54% | 0.00% | 0.00x | 1.03x | CA$-3.49 Million |
| 2016 | 2.49% | 0.00% | 0.00x | 1.02x | CA$-255.11K |
| 2017 | -2.07% | 0.00% | 0.00x | 1.02x | CA$-417.11K |
| 2018 | -12.45% | 0.00% | 0.00x | 1.03x | CA$-694.31K |
| 2019 | -17.33% | 0.00% | 0.00x | 1.04x | CA$-740.71K |
| 2020 | -7.20% | 0.00% | 0.00x | 1.05x | CA$-540.32K |
| 2021 | -15.22% | 0.00% | 0.00x | 1.13x | CA$-687.41K |
| 2022 | -21.89% | 0.00% | 0.00x | 1.13x | CA$-896.33K |
| 2023 | -12.97% | 0.00% | 0.00x | 1.22x | CA$-580.09K |
| 2024 | -15.56% | 0.00% | 0.00x | 1.18x | CA$-1.07 Million |
Industry Comparison
This section compares Apex Resources 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 |
|---|---|---|---|---|
| Apex Resources Inc (APX) | CA$4.58 Million | -31.23% | 0.21x | $3.31 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 Apex Resources Inc
Apex Resources Inc. engages in the exploration and evaluation of mineral properties in Canada and the United States. It primarily explores for gold, copper, zinc, lead, molybdenum, and tungsten deposits. The company holds 100% interests in the Jersey Emerald Tungsten-Lead-Zinc property consisting of 28 crown granted mineral claims, four 2-post claims, and 80 mineral units located in southeastern … Read more