Bell Copper Corp (BCU) - Net Assets
Based on the latest financial reports, Bell Copper Corp (BCU) has net assets worth CA$9.33 Million CAD (≈ $6.75 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$12.43 Million ≈ $8.99 Million USD) and total liabilities (CA$3.09 Million ≈ $2.24 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. Explore Bell Copper Corp cash flow conversion to assess how effectively this company generates cash.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$9.33 Million |
| % of Total Assets | 75.1% |
| Annual Growth Rate | 16.35% |
| 5-Year Change | 353.31% |
| 10-Year Change | 4807.01% |
| Growth Volatility | 142.23 |
Bell Copper Corp - Net Assets Trend (1998–2024)
This chart illustrates how Bell Copper Corp's net assets have evolved over time, based on quarterly financial data. For live valuation and market cap data, see BCU market cap.
Annual Net Assets for Bell Copper Corp (1998–2024)
The table below shows the annual net assets of Bell Copper Corp from 1998 to 2024. Read BCU total debt and obligations for a breakdown of total debt and financial obligations.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$9.92 Million ≈ $7.17 Million |
+5.55% |
| 2023-12-31 | CA$9.40 Million ≈ $6.80 Million |
+0.26% |
| 2022-12-31 | CA$9.37 Million ≈ $6.78 Million |
+32.88% |
| 2021-12-31 | CA$7.05 Million ≈ $5.10 Million |
+222.37% |
| 2020-12-31 | CA$2.19 Million ≈ $1.58 Million |
+53.26% |
| 2019-12-31 | CA$1.43 Million ≈ $1.03 Million |
+6.40% |
| 2018-12-31 | CA$1.34 Million ≈ $970.58K |
+11.77% |
| 2017-12-31 | CA$1.20 Million ≈ $868.34K |
+339.59% |
| 2016-12-31 | CA$273.06K ≈ $197.53K |
+35.10% |
| 2015-12-31 | CA$202.12K ≈ $146.21K |
-59.76% |
| 2014-12-31 | CA$502.25K ≈ $363.32K |
-48.49% |
| 2013-12-31 | CA$975.01K ≈ $705.31K |
+112.99% |
| 2012-12-31 | CA$-7.50 Million ≈ $-5.43 Million |
-120.79% |
| 2011-12-31 | CA$36.10 Million ≈ $26.11 Million |
+393.43% |
| 2010-12-31 | CA$7.32 Million ≈ $5.29 Million |
-23.25% |
| 2009-12-31 | CA$9.53 Million ≈ $6.90 Million |
-6.26% |
| 2008-12-31 | CA$10.17 Million ≈ $7.36 Million |
-8.07% |
| 2007-12-31 | CA$11.06 Million ≈ $8.00 Million |
+30.63% |
| 2006-12-31 | CA$8.47 Million ≈ $6.13 Million |
+153.30% |
| 2005-12-31 | CA$3.34 Million ≈ $2.42 Million |
+171.44% |
| 2004-12-31 | CA$1.23 Million ≈ $890.88K |
+342.90% |
| 2003-12-31 | CA$278.06K ≈ $201.15K |
+43.18% |
| 2002-12-31 | CA$194.20K ≈ $140.48K |
+163.32% |
| 2001-12-31 | CA$-306.67K ≈ $-221.84K |
-158.08% |
| 2000-12-31 | CA$528.03K ≈ $381.97K |
-16.34% |
| 1999-12-31 | CA$631.16K ≈ $456.57K |
+226.32% |
| 1998-12-31 | CA$193.42K ≈ $139.91K |
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Equity Component Analysis
This analysis shows how different components contribute to Bell Copper 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 6942024500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$79.38 Million | 800.35% |
| Total Equity | CA$9.92 Million | 100.00% |
Bell Copper Corp Competitors by Market Cap
The table below lists competitors of Bell Copper Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Anoto Group AB
ST:ANOT
|
$7.91 Million |
|
YKGI Holdings Bhd
KLSE:7020
|
$7.91 Million |
|
Filtronic
LSE:FTC
|
$7.92 Million |
|
Power Line Engineering Public Company Limited
BK:PLE
|
$7.92 Million |
|
Eddy Smart Home Solutions Ltd
V:EDY
|
$7.89 Million |
|
Pila Pharma AB
ST:PILA
|
$7.89 Million |
|
Maha Rashtra Apex Corporation Limited
NSE:MAHAPEXLTD
|
$7.89 Million |
|
Koba Resources Ltd
AU:KOB
|
$7.88 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bell Copper Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 9,396,207 to 9,918,104, a change of 521,897 (5.6%).
- Net loss of 579,793 reduced equity.
- New share issuances of 479,447 increased equity.
- Other factors increased equity by 622,243.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-579.79K | -5.85% |
| Share Issuances | CA$479.45K | +4.83% |
| Other Changes | CA$622.24K | +6.27% |
| Total Change | CA$- | 5.55% |
Book Value vs Market Value Analysis
This analysis compares Bell Copper 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: 1.10x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.39x to 1.10x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-12-31 | CA$0.20 | CA$0.08 | x |
| 1999-12-31 | CA$0.52 | CA$0.08 | x |
| 2000-12-31 | CA$0.30 | CA$0.08 | x |
| 2001-12-31 | CA$-0.16 | CA$0.08 | x |
| 2002-12-31 | CA$0.05 | CA$0.08 | x |
| 2003-12-31 | CA$0.09 | CA$0.08 | x |
| 2004-12-31 | CA$0.26 | CA$0.08 | x |
| 2005-12-31 | CA$1.15 | CA$0.08 | x |
| 2006-12-31 | CA$0.89 | CA$0.08 | x |
| 2007-12-31 | CA$0.86 | CA$0.08 | x |
| 2008-12-31 | CA$0.72 | CA$0.08 | x |
| 2009-12-31 | CA$0.55 | CA$0.08 | x |
| 2010-12-31 | CA$0.32 | CA$0.08 | x |
| 2011-12-31 | CA$1.13 | CA$0.08 | x |
| 2012-12-31 | CA$-0.22 | CA$0.08 | x |
| 2013-12-31 | CA$0.03 | CA$0.08 | x |
| 2014-12-31 | CA$0.02 | CA$0.08 | x |
| 2015-12-31 | CA$0.01 | CA$0.08 | x |
| 2016-12-31 | CA$0.01 | CA$0.08 | x |
| 2017-12-31 | CA$0.02 | CA$0.08 | x |
| 2018-12-31 | CA$0.02 | CA$0.08 | x |
| 2019-12-31 | CA$0.02 | CA$0.08 | x |
| 2020-12-31 | CA$0.03 | CA$0.08 | x |
| 2021-12-31 | CA$0.07 | CA$0.08 | x |
| 2022-12-31 | CA$0.08 | CA$0.08 | x |
| 2023-12-31 | CA$0.07 | CA$0.08 | x |
| 2024-12-31 | CA$0.07 | CA$0.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bell Copper Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -5.85%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.27x
- Recent ROE (-5.85%) is above the historical average (-30.50%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | -17.24% | 0.00% | 0.00x | 1.13x | CA$-52.69K |
| 1999 | -24.91% | -15721100.00% | 0.00x | 1.02x | CA$-220.33K |
| 2000 | -65.80% | -17372950.00% | 0.00x | 1.52x | CA$-400.26K |
| 2001 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-804.03K |
| 2002 | -220.34% | 0.00% | 0.00x | 4.26x | CA$-447.32K |
| 2003 | -106.35% | 0.00% | 0.00x | 2.45x | CA$-323.53K |
| 2004 | -34.48% | 0.00% | 0.00x | 1.30x | CA$-547.82K |
| 2005 | -44.99% | 0.00% | 0.00x | 1.31x | CA$-1.84 Million |
| 2006 | -25.63% | 0.00% | 0.00x | 1.04x | CA$-3.02 Million |
| 2007 | -37.30% | 0.00% | 0.00x | 1.24x | CA$-5.23 Million |
| 2008 | -171.94% | 0.00% | 0.00x | 2.20x | CA$-18.50 Million |
| 2009 | -44.54% | 0.00% | 0.00x | 2.54x | CA$-5.20 Million |
| 2010 | -80.50% | 0.00% | 0.00x | 2.87x | CA$-6.62 Million |
| 2011 | -15.42% | 0.00% | 0.00x | 1.56x | CA$-9.18 Million |
| 2012 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-42.83 Million |
| 2013 | 863.92% | 0.00% | 0.00x | 3.41x | CA$8.33 Million |
| 2014 | -111.56% | 0.00% | 0.00x | 6.66x | CA$-610.53K |
| 2015 | -400.78% | 0.00% | 0.00x | 21.09x | CA$-830.28K |
| 2016 | -68.48% | 0.00% | 0.00x | 16.65x | CA$-214.30K |
| 2017 | -62.40% | 0.00% | 0.00x | 3.61x | CA$-869.07K |
| 2018 | -45.81% | 0.00% | 0.00x | 3.21x | CA$-748.79K |
| 2019 | -18.57% | 0.00% | 0.00x | 3.07x | CA$-407.84K |
| 2020 | -69.42% | 0.00% | 0.00x | 2.46x | CA$-1.74 Million |
| 2021 | 22.69% | 0.00% | 0.00x | 1.14x | CA$895.30K |
| 2022 | -24.94% | 0.00% | 0.00x | 1.06x | CA$-3.27 Million |
| 2023 | -12.90% | 0.00% | 0.00x | 1.16x | CA$-2.15 Million |
| 2024 | -5.85% | 0.00% | 0.00x | 1.27x | CA$-1.57 Million |
Industry Comparison
This section compares Bell Copper Corp's net assets metrics with peer companies in the Copper industry.
Industry Context
- Industry: Copper
- Average net assets among peers: $1,663,379,961
- Average return on equity (ROE) among peers: -38.21%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bell Copper Corp (BCU) | CA$9.33 Million | -17.24% | 0.33x | $7.90 Million |
| Amerigo Resources Ltd. (ARG) | $150.52 Million | 10.22% | 0.44x | $736.55 Million |
| Aranjin Resources Ltd (ARJN) | $-618.72K | 0.00% | 0.00x | $993.53K |
| Arizona Sonoran Copper Company Inc (ASCU) | $1.82 Million | -131.87% | 5.65x | $652.36 Million |
| Capstone Mining Corp (CS) | $3.46 Billion | 2.40% | 0.84x | $6.41 Billion |
| Copper Fox Metals Inc. (CUU) | $76.16 Million | -1.43% | 0.05x | $227.17 Million |
| Element 29 Resources Inc (ECU) | $12.84 Million | -55.68% | 0.04x | $152.98 Million |
| Ero Copper Corp (ERO) | $542.16 Million | 18.78% | 1.19x | $2.80 Billion |
| Faraday Copper Corp. (FDY) | $4.78 Million | -190.41% | 0.18x | $480.47 Million |
| First Quantum Minerals Ltd (FM) | $10.72 Billion | 4.11% | 1.20x | $21.48 Billion |
About Bell Copper Corp
Bell Copper Corporation, together with its subsidiaries, engages in the acquisition, exploration, development, and evaluation of mineral properties in North America. The company explores for copper and molybdenum deposits. It has interests in the Perseverance project that covers an area of approximately 13,000 acres, as well as holds interest in the Big Sandy porphyry copper-molybdenum project th… Read more