Bell Copper Corp (BCU) - Net Assets
Based on the latest financial reports, Bell Copper Corp (BCU) has net assets worth CA$9.40 Million CAD (≈ $6.80 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$14.39 Million ≈ $10.41 Million USD) and total liabilities (CA$4.98 Million ≈ $3.60 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 Bell Copper Corp (BCU) strategic asset index to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$9.40 Million |
| % of Total Assets | 65.36% |
| Annual Growth Rate | 15.35% |
| 5-Year Change | 29.54% |
| 10-Year Change | 3246.01% |
| Growth Volatility | 140.14 |
Bell Copper Corp - Net Assets Trend (1998–2025)
This chart illustrates how Bell Copper Corp's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market cap of Bell Copper Corp.
Annual Net Assets for Bell Copper Corp (1998–2025)
The table below shows the annual net assets of Bell Copper Corp from 1998 to 2025. Also explore Bell Copper Corp net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CA$9.14 Million ≈ $6.61 Million |
-7.88% |
| 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 7022279500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$79.40 Million | 869.03% |
| Total Equity | CA$9.14 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 |
|---|---|
|
Home Pottery Public Company Limited
BK:HPT
|
$6.81 Million |
|
Renoworks Software Inc
V:RW
|
$6.81 Million |
|
Sipa Resources Ltd
AU:SRI
|
$6.81 Million |
|
Dundas Minerals Ltd
AU:DUN
|
$6.82 Million |
|
DGB Group NV
AS:DGB
|
$6.80 Million |
|
TNF Pharmaceuticals, Inc.
NASDAQ:TNFA
|
$6.80 Million |
|
Corella Resources Ltd
AU:CR9
|
$6.79 Million |
|
Micro Digital Co. Ltd
KQ:305090
|
$6.78 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bell Copper Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 9,918,104 to 9,136,771, a change of -781,333 (-7.9%).
- Net loss of 802,550 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-802.55K | -8.78% |
| Other Changes | CA$21.22K | +0.23% |
| Total Change | CA$- | -7.88% |
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: 0.97x
- 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 increased from 0.32x to 0.97x 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$0.07 | x |
| 1999-12-31 | CA$0.52 | CA$0.07 | x |
| 2000-12-31 | CA$0.30 | CA$0.07 | x |
| 2001-12-31 | CA$-0.16 | CA$0.07 | x |
| 2002-12-31 | CA$0.05 | CA$0.07 | x |
| 2003-12-31 | CA$0.09 | CA$0.07 | x |
| 2004-12-31 | CA$0.26 | CA$0.07 | x |
| 2005-12-31 | CA$1.15 | CA$0.07 | x |
| 2006-12-31 | CA$0.89 | CA$0.07 | x |
| 2007-12-31 | CA$0.86 | CA$0.07 | x |
| 2008-12-31 | CA$0.72 | CA$0.07 | x |
| 2009-12-31 | CA$0.55 | CA$0.07 | x |
| 2010-12-31 | CA$0.32 | CA$0.07 | x |
| 2011-12-31 | CA$1.13 | CA$0.07 | x |
| 2012-12-31 | CA$-0.22 | CA$0.07 | x |
| 2013-12-31 | CA$0.03 | CA$0.07 | x |
| 2014-12-31 | CA$0.02 | CA$0.07 | x |
| 2015-12-31 | CA$0.01 | CA$0.07 | x |
| 2016-12-31 | CA$0.01 | CA$0.07 | x |
| 2017-12-31 | CA$0.02 | CA$0.07 | x |
| 2018-12-31 | CA$0.02 | CA$0.07 | x |
| 2019-12-31 | CA$0.02 | CA$0.07 | x |
| 2020-12-31 | CA$0.03 | CA$0.07 | x |
| 2021-12-31 | CA$0.07 | CA$0.07 | x |
| 2022-12-31 | CA$0.08 | CA$0.07 | x |
| 2023-12-31 | CA$0.07 | CA$0.07 | x |
| 2024-12-31 | CA$0.07 | CA$0.07 | x |
| 2025-12-31 | CA$0.07 | CA$0.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bell Copper Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -8.78%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.39x
- Recent ROE (-8.78%) is above the historical average (-29.73%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | -17.24% | 0.00% | 0.00x | 1.13x | CA$-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 |
| 2025 | -8.78% | 0.00% | 0.00x | 1.39x | CA$-1.72 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: $1,427,249,252
- Average return on equity (ROE) among peers: -41.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bell Copper Corp (BCU) | CA$9.40 Million | -17.24% | 0.53x | $6.81 Million |
| Amerigo Resources Ltd. (ARG) | $106.46K | -311.25% | 0.19x | $911.28 Million |
| Aranjin Resources Ltd (ARJN) | $7.44 Million | 0.00% | 0.10x | $993.53K |
| Arizona Sonoran Copper Company Inc (ASCU) | $6.99 Million | -106.74% | 1.57x | $652.36 Million |
| Capstone Mining Corp (CS) | $258.32 Million | 51.03% | 1.22x | $7.45 Billion |
| Copper Fox Metals Inc. (CUU) | $77.40 Million | -1.40% | 0.03x | $227.17 Million |
| Element 29 Resources Inc (ECU) | $15.75 Million | -12.18% | 0.01x | $234.78 Million |
| Ero Copper Corp (ERO) | $936.16 Million | 28.66% | 1.05x | $3.41 Billion |
| Faraday Copper Corp. (FDY) | $7.09 Million | -21.39% | 0.06x | $960.38 Million |
| First Quantum Minerals Ltd (FM) | $11.54 Billion | -0.24% | 1.19x | $25.51 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