Altai Resources Inc. (ATI) - Net Assets
Based on the latest financial reports, Altai Resources Inc. (ATI) has net assets worth CA$741.65K CAD (≈ $536.50K 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$4.11 Million ≈ $2.97 Million USD) and total liabilities (CA$3.37 Million ≈ $2.44 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 Altai Resources Inc. (ATI) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$741.65K |
| % of Total Assets | 18.05% |
| Annual Growth Rate | -12.97% |
| 5-Year Change | 8.22% |
| 10-Year Change | -35.05% |
| Growth Volatility | 20.78 |
Altai Resources Inc. - Net Assets Trend (2013–2024)
This chart illustrates how Altai Resources Inc.'s net assets have evolved over time, based on quarterly financial data. Also explore ATI current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Altai Resources Inc. (2013–2024)
The table below shows the annual net assets of Altai Resources Inc. from 2013 to 2024. For live valuation and market cap data, see how much is Altai Resources Inc. worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$4.82 Million ≈ $3.49 Million |
+4.23% |
| 2023-12-31 | CA$4.62 Million ≈ $3.34 Million |
+1.56% |
| 2022-12-31 | CA$4.55 Million ≈ $3.29 Million |
-6.18% |
| 2021-12-31 | CA$4.85 Million ≈ $3.51 Million |
+8.96% |
| 2020-12-31 | CA$4.45 Million ≈ $3.22 Million |
-7.08% |
| 2019-12-31 | CA$4.79 Million ≈ $3.47 Million |
+3.21% |
| 2018-12-31 | CA$4.64 Million ≈ $3.36 Million |
-6.07% |
| 2017-12-31 | CA$4.94 Million ≈ $3.58 Million |
+0.52% |
| 2016-12-31 | CA$4.92 Million ≈ $3.56 Million |
-33.71% |
| 2015-12-31 | CA$7.42 Million ≈ $5.37 Million |
-2.37% |
| 2014-12-31 | CA$7.60 Million ≈ $5.50 Million |
-65.80% |
| 2013-12-31 | CA$22.21 Million ≈ $16.07 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Altai 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 1568668600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$38.47 Million | 798.46% |
| Total Equity | CA$4.82 Million | 100.00% |
Altai Resources Inc. Competitors by Market Cap
The table below lists competitors of Altai Resources Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
RENEWABLE VENTURES NORDIC
F:X72
|
$1.43 Million |
|
Springfield Properties Plc
LSE:SPR
|
$1.43 Million |
|
Starbreeze AB (publ)
ST:STAR-A
|
$1.43 Million |
|
CardioComm Solutions Inc.
V:EKG
|
$1.43 Million |
|
Castings PLC
LSE:CGS
|
$1.42 Million |
|
Gaucho Group Holdings Inc
NASDAQ:VINO
|
$1.42 Million |
|
Goldhills Holding Ltd
V:GHL
|
$1.42 Million |
|
Catheter Precision Inc.
NYSE MKT:VTAK
|
$1.41 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Altai Resources Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,622,529 to 4,818,287, a change of 195,758 (4.2%).
- Net loss of 23,141 reduced equity.
- Other factors increased equity by 218,899.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-23.14K | -0.48% |
| Other Changes | CA$218.90K | +4.54% |
| Total Change | CA$- | 4.23% |
Book Value vs Market Value Analysis
This analysis compares Altai 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: 0.41x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CA$0.09 | CA$0.04 | x |
| 2018-12-31 | CA$0.08 | CA$0.04 | x |
| 2019-12-31 | CA$0.09 | CA$0.04 | x |
| 2020-12-31 | CA$0.08 | CA$0.04 | x |
| 2021-12-31 | CA$0.09 | CA$0.04 | x |
| 2022-12-31 | CA$0.08 | CA$0.04 | x |
| 2023-12-31 | CA$0.08 | CA$0.04 | x |
| 2024-12-31 | CA$0.09 | CA$0.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Altai Resources Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -0.48%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -11.19%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 1.11x
- Recent ROE (-0.48%) is above the historical average (-17.87%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -2.68% | -268.55% | 0.01x | 1.02x | CA$-2.82 Million |
| 2014 | -194.28% | -6462.03% | 0.03x | 1.03x | CA$-15.52 Million |
| 2015 | -0.47% | -19.52% | 0.02x | 1.03x | CA$-776.35K |
| 2016 | -1.62% | -55.24% | 0.03x | 1.06x | CA$-571.47K |
| 2017 | -2.55% | -81.04% | 0.03x | 1.06x | CA$-620.42K |
| 2018 | -4.40% | -150.21% | 0.03x | 1.06x | CA$-668.46K |
| 2019 | -2.35% | -84.62% | 0.03x | 1.07x | CA$-591.89K |
| 2020 | -2.56% | -134.81% | 0.02x | 1.07x | CA$-559.35K |
| 2021 | -2.95% | -119.85% | 0.02x | 1.09x | CA$-628.32K |
| 2022 | -0.95% | -17.79% | 0.05x | 1.10x | CA$-498.36K |
| 2023 | 0.85% | 20.22% | 0.04x | 1.08x | CA$-422.87K |
| 2024 | -0.48% | -11.19% | 0.04x | 1.11x | CA$-504.97K |
Industry Comparison
This section compares Altai Resources Inc.'s net assets metrics with peer companies in the Oil & Gas E&P industry.
Industry Context
- Industry: Oil & Gas E&P
- Average net assets among peers: $713,612,512
- Average return on equity (ROE) among peers: -13.95%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Altai Resources Inc. (ATI) | CA$741.65K | -2.68% | 4.54x | $1.42 Million |
| Advantage Oil & Gas Ltd. (AAV) | $1.27 Billion | -1.67% | 1.21x | $1.22 Billion |
| Africa Energy Corp (AFE) | $189.46K | 0.00% | 0.21x | $71.06 Million |
| Alvopetro Energy (ALV) | $60.57 Million | -7.17% | 0.08x | $230.37 Million |
| Africa Oil Corp (AOI) | $929.85 Million | -5.66% | 0.06x | $820.85 Million |
| Altima Resources Ltd (ARH) | $18.57 Million | -6.97% | 0.60x | $19.37 Million |
| ARC Resources Ltd. (ARX) | $3.16 Billion | 9.08% | 0.68x | $13.26 Billion |
| Athabasca Oil Corp (ATH) | $965.95 Million | -58.97% | 0.89x | $4.13 Billion |
| Avanti Energy Inc (AVN) | $159.53K | -53.64% | 0.35x | $24.04 Million |
| Arrow Exploration Corp (AXL) | $10.89 Million | -0.55% | 0.12x | $84.78 Million |
About Altai Resources Inc.
Altai Resources Inc. operates as a natural resource exploration and development company in Canada. The company explores for oil and natural gas, and gold properties. It holds a 50% interest in the Malartic gold property which consists of six map designated claims covering an area of 127.6 hectares located in the Malartic Township, Val d'Or area, Quebec; and a 50% interest in the Cessford oil prop… Read more