Atico Mining Corporation (ATY) - Net Assets
Based on the latest financial reports, Atico Mining Corporation (ATY) has net assets worth CA$43.77 Million CAD (≈ $31.66 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$109.21 Million ≈ $79.00 Million USD) and total liabilities (CA$65.45 Million ≈ $47.34 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 how resilient are Atico Mining Corporation's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$43.77 Million |
| % of Total Assets | 40.07% |
| Annual Growth Rate | 39.5% |
| 5-Year Change | -43.87% |
| 10-Year Change | 6.67% |
| Growth Volatility | 484.02 |
Atico Mining Corporation - Net Assets Trend (2011–2024)
This chart illustrates how Atico Mining Corporation's net assets have evolved over time, based on quarterly financial data. Also explore Atico Mining Corporation asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Atico Mining Corporation (2011–2024)
The table below shows the annual net assets of Atico Mining Corporation from 2011 to 2024. For live valuation and market cap data, see market value of Atico Mining Corporation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$41.43 Million ≈ $29.97 Million |
-31.84% |
| 2023-12-31 | CA$60.79 Million ≈ $43.98 Million |
-9.19% |
| 2022-12-31 | CA$66.95 Million ≈ $48.43 Million |
-6.10% |
| 2021-12-31 | CA$71.30 Million ≈ $51.57 Million |
-3.42% |
| 2020-12-31 | CA$73.82 Million ≈ $53.40 Million |
+13.54% |
| 2019-12-31 | CA$65.01 Million ≈ $47.03 Million |
+36.86% |
| 2018-12-31 | CA$47.50 Million ≈ $34.36 Million |
+7.87% |
| 2017-12-31 | CA$44.04 Million ≈ $31.86 Million |
+10.88% |
| 2016-12-31 | CA$39.72 Million ≈ $28.73 Million |
+2.25% |
| 2015-12-31 | CA$38.84 Million ≈ $28.10 Million |
+0.06% |
| 2014-12-31 | CA$38.82 Million ≈ $28.08 Million |
-4.29% |
| 2013-12-31 | CA$40.56 Million ≈ $29.34 Million |
+286.69% |
| 2012-12-31 | CA$10.49 Million ≈ $7.59 Million |
+1818.46% |
| 2011-12-31 | CA$546.75K ≈ $395.51K |
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Equity Component Analysis
This analysis shows how different components contribute to Atico Mining Corporation'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 817052606.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$49.62 Million | 122.40% |
| Total Equity | CA$40.54 Million | 100.00% |
Atico Mining Corporation Competitors by Market Cap
The table below lists competitors of Atico Mining Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
P-Two Industries
TWO:6158
|
$33.30 Million |
|
Sunfar Computer Co Ltd
TWO:6154
|
$33.30 Million |
|
Network-1 Technologies Inc
NYSE MKT:NTIP
|
$33.32 Million |
|
Viscom AG
XETRA:V6C
|
$33.32 Million |
|
Kim Hin Industry Bhd
KLSE:5371
|
$33.27 Million |
|
Yoo Sung Ent
KO:002920
|
$33.27 Million |
|
Chiu Ting Machinery Co Ltd
TW:1539
|
$33.26 Million |
|
Creative Realities Inc
NASDAQ:CREX
|
$33.24 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Atico Mining Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 57,471,267 to 40,535,737, a change of -16,935,530 (-29.5%).
- Net loss of 17,127,742 reduced equity.
- Other comprehensive income decreased equity by 5,732,939.
- Other factors increased equity by 5,925,151.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-17.13 Million | -42.25% |
| Other Comprehensive Income | CA$-5.73 Million | -14.14% |
| Other Changes | CA$5.93 Million | +14.62% |
| Total Change | CA$- | -29.47% |
Book Value vs Market Value Analysis
This analysis compares Atico Mining Corporation'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: 0.76x
- 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 decreased from 6.37x to 0.76x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CA$0.04 | CA$0.26 | x |
| 2012-12-31 | CA$0.30 | CA$0.26 | x |
| 2013-12-31 | CA$0.57 | CA$0.26 | x |
| 2014-12-31 | CA$0.36 | CA$0.26 | x |
| 2015-12-31 | CA$0.36 | CA$0.26 | x |
| 2016-12-31 | CA$0.37 | CA$0.26 | x |
| 2017-12-31 | CA$0.41 | CA$0.26 | x |
| 2018-12-31 | CA$0.44 | CA$0.26 | x |
| 2019-12-31 | CA$0.51 | CA$0.26 | x |
| 2020-12-31 | CA$0.50 | CA$0.26 | x |
| 2021-12-31 | CA$0.54 | CA$0.26 | x |
| 2022-12-31 | CA$0.52 | CA$0.26 | x |
| 2023-12-31 | CA$0.47 | CA$0.26 | x |
| 2024-12-31 | CA$0.33 | CA$0.26 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Atico Mining Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -42.25%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -25.02%
- • Asset Turnover: 0.69x
- • Equity Multiplier: 2.45x
- Recent ROE (-42.25%) is below the historical average (-10.02%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | -111.22% | 0.00% | 0.00x | 3.18x | CA$-662.77K |
| 2012 | -11.37% | 0.00% | 0.00x | 1.02x | CA$-2.24 Million |
| 2013 | 2.33% | 0.00% | 0.00x | 1.85x | CA$-2.85 Million |
| 2014 | -9.22% | -12.82% | 0.32x | 2.25x | CA$-6.79 Million |
| 2015 | -0.07% | -0.07% | 0.47x | 2.22x | CA$-3.53 Million |
| 2016 | 0.50% | 0.47% | 0.48x | 2.20x | CA$-3.42 Million |
| 2017 | 8.43% | 5.92% | 0.73x | 1.95x | CA$-629.13K |
| 2018 | 6.58% | 5.22% | 0.66x | 1.90x | CA$-1.48 Million |
| 2019 | 10.91% | 9.58% | 0.61x | 1.88x | CA$492.14K |
| 2020 | 12.03% | 12.15% | 0.52x | 1.92x | CA$1.22 Million |
| 2021 | 8.76% | 7.94% | 0.63x | 1.76x | CA$-818.83K |
| 2022 | -5.84% | -5.63% | 0.54x | 1.92x | CA$-9.96 Million |
| 2023 | -9.86% | -9.85% | 0.50x | 2.00x | CA$-11.41 Million |
| 2024 | -42.25% | -25.02% | 0.69x | 2.45x | CA$-21.18 Million |
Industry Comparison
This section compares Atico Mining Corporation'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 |
|---|---|---|---|---|
| Atico Mining Corporation (ATY) | CA$43.77 Million | -111.22% | 1.50x | $33.30 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 Atico Mining Corporation
Atico Mining Corporation engages in the acquisition, exploration, and development of copper and gold projects in Latin America. The company also explores for silver, lead, and zinc deposits. Its principal project is the El Roble mine located in Carmen de Atrato, Colombia. The company was incorporated in 2010 and is headquartered in Vancouver, Canada.