ATEX Resources Inc. (ATX) - Net Assets
Based on the latest financial reports, ATEX Resources Inc. (ATX) has net assets worth CA$41.81 Million CAD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$52.09 Million) and total liabilities (CA$10.29 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$41.81 Million |
| % of Total Assets | 80.25% |
| Annual Growth Rate | 296.42% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 4549.06 |
ATEX Resources Inc. - Net Assets Trend (2021–2025)
This chart illustrates how ATEX Resources Inc.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for ATEX Resources Inc. (2021–2025)
The table below shows the annual net assets of ATEX Resources Inc. from 2021 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | CA$41.81 Million | +463.60% |
| 2024-09-30 | CA$-11.50 Million | -280.95% |
| 2023-09-30 | CA$6.35 Million | -60.81% |
| 2022-09-30 | CA$16.21 Million | +9477.26% |
| 2021-09-30 | CA$169.30K | -- |
Equity Component Analysis
This analysis shows how different components contribute to ATEX 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 13604648700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$264.72 Million | 633.21% |
| Total Equity | CA$41.81 Million | 100.00% |
ATEX Resources Inc. Competitors by Market Cap
The table below lists competitors of ATEX Resources Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SUNRISE ENERGY META. LTD.
F:4CQA
|
$883.92 Million |
|
Feitian Technologies Co Ltd
SHE:300386
|
$883.95 Million |
|
Canadian Solar Inc
NASDAQ:CSIQ
|
$884.03 Million |
|
K. Wah International Holdings Limited
F:KW2
|
$884.61 Million |
|
Shenyu Communication Technology Inc
SHE:300563
|
$883.79 Million |
|
Hunan Airbluer Environmental Protection Technology Co. Ltd.
SHE:301259
|
$883.66 Million |
|
Halo Microelectronics Co. Ltd. A
SHG:688173
|
$883.56 Million |
|
Salfacorp
SN:SALFACORP
|
$883.35 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ATEX Resources Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -11,498,105 to 41,806,838, a change of 53,304,943.
- Net loss of 69,541,542 reduced equity.
- New share issuances of 55,708,000 increased equity.
- Other factors increased equity by 67,138,485.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-69.54 Million | -166.34% |
| Share Issuances | CA$55.71 Million | +133.25% |
| Other Changes | CA$67.14 Million | +160.59% |
| Total Change | CA$- | % |
Book Value vs Market Value Analysis
This analysis compares ATEX 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: 25.64x
- 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 decreased from 766.88x to 25.64x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-09-30 | CA$0.00 | CA$3.54 | x |
| 2022-09-30 | CA$0.12 | CA$3.54 | x |
| 2023-09-30 | CA$0.04 | CA$3.54 | x |
| 2024-09-30 | CA$-0.06 | CA$3.54 | x |
| 2025-09-30 | CA$0.14 | CA$3.54 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ATEX Resources Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -166.34%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.25x
- Recent ROE (-166.34%) is above the historical average (-248.30%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -557.67% | 0.00% | 0.00x | 1.53x | CA$-961.04K |
| 2022 | -62.03% | 0.00% | 0.00x | 1.01x | CA$-11.68 Million |
| 2023 | -455.46% | 0.00% | 0.00x | 2.73x | CA$-29.58 Million |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-28.31 Million |
| 2025 | -166.34% | 0.00% | 0.00x | 1.25x | CA$-73.72 Million |
Industry Comparison
This section compares ATEX Resources Inc.'s net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $25,011,639
- Average return on equity (ROE) among peers: -23.30%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ATEX Resources Inc. (ATX) | CA$41.81 Million | -557.67% | 0.25x | $883.89 Million |
| Abcourt Mines Inc. (ABI) | $27.66 Million | -3.28% | 0.35x | $86.06 Million |
| Athabasca Minerals Inc (ABM) | $13.38 Million | -3.65% | 0.02x | $3.68 Million |
| American Eagle Gold Corp (AE) | $830.83K | -165.75% | 0.05x | $148.82 Million |
| Aero Energy Limited (AERO) | $14.72 Million | -5.86% | 0.05x | $9.68 Million |
| AIS Resources Ltd (AIS) | $518.31K | -0.04% | 0.11x | $1.76 Million |
| Algo Grande Copper Corp. (ALGR) | $-251.88K | 0.00% | 0.00x | $9.71 Million |
| Alkane Resources Limited (ALK) | $191.56 Million | 29.08% | 0.23x | $985.87 Million |
| Alliance Mining Corp (ALM) | $-3.10 Million | 0.00% | 0.00x | $1.58 Million |
| Altamira Gold Corp (ALTA) | $822.20K | -78.33% | 0.24x | $38.60 Million |
| Argus Metals Corp. (AML) | $3.98 Million | -5.17% | 0.10x | $1.59 Million |
About ATEX Resources Inc.
ATEX Resources Inc., together with its subsidiaries, engages in the exploration and evaluation of mineral properties in South America. Its flagship property is the Valeriano copper gold project covering approximately 3,705 hectares located in the north-central Chile. The company was formerly known as Colombia Crest Gold Corp. and changed its name to ATEX Resources Inc. in February 2019. ATEX Reso… Read more