AXMIN Inc. Net Assets
AXMIN Inc. net assets. Based on the latest financial reports, AXMIN Inc. (AXM) has net assets worth CA$-834.75K CAD (≈ $-603.84K USD) as of September 2023. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$107.05K ≈ $77.44K USD) and total liabilities (CA$941.80K ≈ $681.28K USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore AXM year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-834.75K |
| % of Total Assets | -779.75% |
| Annual Growth Rate | N/A |
| 5-Year Change | -155.82% |
| 10-Year Change | N/A |
| Growth Volatility | 81.26 |
Net Assets of AXMIN Inc. (2013–2022)
Net assets of AXMIN Inc. from 2013 to 2022. This chart illustrates how AXMIN Inc.'s net assets have evolved over time, based on quarterly financial data. See AXM net asset quality score to measure how much of total assets are equity-financed.
Annual Net Assets for AXMIN Inc. (2013–2022)
The table below shows the annual net assets of AXMIN Inc. from 2013 to 2022. For live market cap and overall valuation, see AXMIN Inc. (AXM) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | CA$-522.41K ≈ $-377.90K |
-99.01% |
| 2021-12-31 | CA$-262.50K ≈ $-189.89K |
-196.21% |
| 2020-12-31 | CA$272.84K ≈ $197.37K |
-70.96% |
| 2019-12-31 | CA$939.56K ≈ $679.66K |
+0.40% |
| 2018-12-31 | CA$935.82K ≈ $676.96K |
+176.99% |
| 2017-12-31 | CA$-1.22 Million ≈ $-879.30K |
+50.10% |
| 2016-12-31 | CA$-2.44 Million ≈ $-1.76 Million |
-12.11% |
| 2015-12-31 | CA$-2.17 Million ≈ $-1.57 Million |
+20.31% |
| 2014-12-31 | CA$-2.73 Million ≈ $-1.97 Million |
-31.68% |
| 2013-12-31 | CA$-2.07 Million ≈ $-1.50 Million |
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Equity Component Analysis
This analysis shows how different components contribute to AXMIN 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 189963800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
AXMIN Inc. Net Assets Breakdown (December 2022)
AXMIN Inc. net assets breakdown by equity component as of December 2022.
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$160.32 Million | % |
| Total Equity | CA$-522.41K | 100.00% |
AXMIN Inc. Competitors by Market Cap
The table below lists competitors of AXMIN Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tijaria Polypipes Limited
NSE:TIJARIA
|
$1.63 Million |
|
Berto Acquisition Corp. Warrant
NASDAQ:TACOW
|
$1.63 Million |
|
Sonovia Ltd
TA:SONO
|
$1.63 Million |
|
Lord Resources Ltd
AU:LRD
|
$1.63 Million |
|
Pantheon Resources
LSE:PANR
|
$1.62 Million |
|
Fimperkasa Utama Tbk PT
JK:FIMP
|
$1.62 Million |
|
Chinhung International Inc. Pfd. Series 2
KO:002787
|
$1.62 Million |
|
Arbuthnot Banking Group Plc
LSE:ARBB
|
$1.61 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in AXMIN Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from -262,501 to -522,407, a change of -259,906.
- Net loss of 635,441 reduced equity.
- New share issuances of 151,632 increased equity.
- Other factors increased equity by 223,903.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-635.44K | -121.64% |
| Share Issuances | CA$151.63K | +29.03% |
| Other Changes | CA$223.90K | +42.86% |
| Total Change | CA$- | % |
Book Value vs Market Value Analysis
This analysis compares AXMIN 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CA$-0.01 | CA$0.02 | x |
| 2018-12-31 | CA$0.01 | CA$0.02 | x |
| 2019-12-31 | CA$0.01 | CA$0.02 | x |
| 2020-12-31 | CA$0.00 | CA$0.02 | x |
| 2021-12-31 | CA$0.00 | CA$0.02 | x |
| 2022-12-31 | CA$0.00 | CA$0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently AXMIN Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-33.93%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-44.06 Million |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-519.56K |
| 2015 | 0.00% | -52.29% | 0.73x | 0.00x | CA$85.16K |
| 2016 | 0.00% | -25.17% | 1.90x | 0.00x | CA$-3.14K |
| 2017 | 0.00% | 77.63% | 0.91x | 0.00x | CA$1.35 Million |
| 2018 | 129.67% | 81.84% | 1.07x | 1.48x | CA$1.12 Million |
| 2019 | -107.52% | -179.43% | 0.36x | 1.67x | CA$-1.10 Million |
| 2020 | -361.45% | 0.00% | 0.00x | 3.38x | CA$-1.01 Million |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-514.82K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-583.20K |
Industry Comparison
This section compares AXMIN Inc.'s net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $390,070,505
- Average return on equity (ROE) among peers: -30.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| AXMIN Inc. (AXM) | CA$-834.75K | 0.00% | N/A | $1.62 Million |
| Allied Gold Corporation (AAUC) | $381.03 Million | -54.71% | 1.51x | $2.38 Billion |
| Abcourt Mines Inc. (ABI) | $19.28 Million | -5.21% | 0.02x | $43.16 Million |
| Barrick Gold Corp (ABX) | $3.32 Billion | -3.70% | 0.30x | $61.48 Billion |
| American Eagle Gold Corp (AE) | $3.09 Million | -121.24% | 0.18x | $133.41 Million |
| Agnico Eagle Mines Limited (AEM) | $127.14 Million | 11.88% | 1.22x | $84.54 Billion |
| Alamos Gold Inc (AGI) | $338.91K | -86.17% | 0.19x | $11.64 Billion |
| AIS Resources Ltd (AIS) | $4.96 Million | -17.19% | 0.24x | $2.52 Million |
| Alliance Mining Corp (ALM) | $-1.26 Million | 0.00% | 0.00x | $2.21 Million |
| Altamira Gold Corp (ALTA) | $13.90 Million | -14.28% | 0.06x | $39.70 Million |
| Almaden Minerals Ltd (AMM) | $27.97 Million | -15.26% | 0.03x | $24.82 Million |
About AXMIN Inc.
AXMIN Inc., a gold exploration company, engages in the exploration and development of mineral properties in central and West Africa. Its primary asset is the Passendro gold project located in the Central African Republic. AXMIN Inc. is based in Vancouver, Canada.