Avaron Mining Corp.
Avaron Mining Corp., a junior exploration stage company, acquires, explores, and develops mineral properties. It holds 100% interest in the Tolisnica and Stanca property located near the city of Kraljevo, in the Republic of Serbia. The company was formerly known as Benz Capital Corp. and changed its name to Avaron Mining Corp. in July 2023. Avaron Mining Corp. was incorporated in 2021 and is base… Read more
Avaron Mining Corp. (AVR) - Net Assets
Latest net assets as of March 2024: CA$884.85K CAD
Based on the latest financial reports, Avaron Mining Corp. (AVR) has net assets worth CA$884.85K CAD as of March 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$944.27K) and total liabilities (CA$59.42K). 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$884.85K |
| % of Total Assets | 93.71% |
| Annual Growth Rate | 46.04% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 91.37 |
Avaron Mining Corp. - Net Assets Trend (2021–2024)
This chart illustrates how Avaron Mining Corp.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Avaron Mining Corp. (2021–2024)
The table below shows the annual net assets of Avaron Mining Corp. from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-03-31 | CA$884.85K | +182.22% |
| 2023-03-31 | CA$313.53K | -40.83% |
| 2022-03-31 | CA$529.86K | +86.57% |
| 2021-03-31 | CA$284.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Avaron Mining Corp.'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 82514400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$1.72 Million | 193.93% |
| Total Equity | CA$884.85K | 100.00% |
Avaron Mining Corp. Competitors by Market Cap
The table below lists competitors of Avaron Mining Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CAPITAL CITY BK GRP
BE:BK3
|
$364.62K |
|
Sunstock Inc
OTCQB:SSOK
|
$364.70K |
|
CATCo Reinsurance Opportunities Fund Ltd
LSE:CAT
|
$364.76K |
|
MAGHREB OXYGENE
BC:MAGHREB-OXYGENE
|
$364.96K |
|
BANKUNITED
BE:BNU
|
$364.34K |
|
Genifi Inc.
V:GNFI
|
$364.23K |
|
White River Bancshares Co
OTCQX:WRIV
|
$363.89K |
|
Groupe Canal Plus
LSE:CAN
|
$362.69K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Avaron Mining Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 313,531 to 884,854, a change of 571,323 (182.2%).
- Net loss of 456,908 reduced equity.
- New share issuances of 549,900 increased equity.
- Other factors increased equity by 478,331.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-456.91K | -51.64% |
| Share Issuances | CA$549.90K | +62.15% |
| Other Changes | CA$478.33K | +54.06% |
| Total Change | CA$- | 182.22% |
Book Value vs Market Value Analysis
This analysis compares Avaron Mining Corp.'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: 1.24x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.29x to 1.24x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-03-31 | CA$0.03 | CA$0.08 | x |
| 2022-03-31 | CA$0.06 | CA$0.08 | x |
| 2023-03-31 | CA$0.03 | CA$0.08 | x |
| 2024-03-31 | CA$0.06 | CA$0.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Avaron Mining Corp. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -51.64%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.07x
- Recent ROE (-51.64%) is below the historical average (-51.07%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | -23.00% | 0.00% | 0.00x | 1.05x | CA$-174.87K |
| 2023 | -78.57% | 0.00% | 0.00x | 1.24x | CA$-277.70K |
| 2024 | -51.64% | 0.00% | 0.00x | 1.07x | CA$-545.39K |
Industry Comparison
This section compares Avaron Mining Corp.'s net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $375,292
- Average return on equity (ROE) among peers: -16.94%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Avaron Mining Corp. (AVR) | CA$884.85K | -23.00% | 0.07x | $364.62K |
| First Tidal Acquisition Corp. (AAA-P) | $358.43K | -15.86% | 0.05x | $106.95K |
| AAJ Capital 3 Corp. (AAAJ-P) | $226.48K | -28.59% | 0.10x | $50.13K |
| AD4 Capital Corp. (ADJ-P) | $525.38K | -20.41% | 0.08x | $10.44K |
| AF2 Capital Corp (AF-P) | $125.52K | -22.68% | 0.19x | $45.26K |
| AIM5 Ventures Inc (AIME-P) | $390.21K | 0.00% | 0.05x | $151.51K |
| Apolo IV Acquisition Corp (AIV-P) | $1.13 Million | -19.92% | 0.03x | $33.42K |
| A-Labs Capital II Corp (ALAB-P) | $166.02K | -34.30% | 0.10x | $38.61K |
| Albatros Acquisition Corporation Inc. (ALBT-P) | $319.82K | -20.40% | 0.20x | $13.43K |
| Altina Capital Corp (ALTN-P) | $125.00K | 0.00% | 0.04x | $65.59K |
| AMG Acquisition Corp (AMG-P) | $389.45K | -7.24% | 0.03x | $54.31K |