MacDonald Mines Exploration Ltd (BMK) - Net Assets

Latest as of September 2024: CA$-701.66K CAD

Based on the latest financial reports, MacDonald Mines Exploration Ltd (BMK) has net assets worth CA$-701.66K CAD as of September 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$76.87K) and total liabilities (CA$778.53K). 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$-701.66K
% of Total Assets -912.81%
Annual Growth Rate N/A
5-Year Change N/A
10-Year Change N/A
Growth Volatility 3504.96

MacDonald Mines Exploration Ltd - Net Assets Trend (2001–2023)

This chart illustrates how MacDonald Mines Exploration Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for MacDonald Mines Exploration Ltd (2001–2023)

The table below shows the annual net assets of MacDonald Mines Exploration Ltd from 2001 to 2023.

Year Net Assets Change
2023-12-31 CA$-468.44K -87.34%
2022-12-31 CA$-250.05K -122.44%
2021-12-31 CA$1.11 Million -49.94%
2020-12-31 CA$2.23 Million +1461.14%
2019-12-31 CA$-163.56K +86.99%
2018-12-31 CA$-1.26 Million -1152.05%
2017-12-31 CA$-100.39K +85.86%
2016-12-31 CA$-709.84K +53.12%
2015-12-31 CA$-1.51 Million -275.42%
2014-12-31 CA$-403.29K -253.34%
2013-12-31 CA$-114.14K -100.41%
2012-12-31 CA$27.69 Million +27.89%
2011-12-31 CA$21.65 Million -5.12%
2010-12-31 CA$22.82 Million +25.34%
2009-12-31 CA$18.21 Million +13.57%
2008-12-31 CA$16.03 Million -21.99%
2007-12-31 CA$20.55 Million +251.21%
2006-12-31 CA$5.85 Million +49.91%
2005-12-31 CA$3.90 Million +27.88%
2004-12-31 CA$3.05 Million +49.58%
2003-12-31 CA$2.04 Million +13161.48%
2002-12-31 CA$15.39K +105.15%
2001-12-31 CA$-298.72K --

Equity Component Analysis

This analysis shows how different components contribute to MacDonald Mines Exploration Ltd'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 6270156300.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2023)

Component Amount Percentage
Common Stock CA$48.66 Million %
Other Comprehensive Income CA$219.78K %
Other Components CA$26.72 Million %
Total Equity CA$-468.44K 100.00%

MacDonald Mines Exploration Ltd Competitors by Market Cap

The table below lists competitors of MacDonald Mines Exploration Ltd ranked by their market capitalization.

Company Market Cap
Gulf Marine Services PLC
LSE:GMS
 		$2.96 Million
PEER FOR YOU PUBLIC COMPANY LIMITED
BK:PEER
 		$2.96 Million
aovo Touristik AG
MU:A8N
 		$2.97 Million
Nocera Inc
NASDAQ:NCRA
 		$2.97 Million
Universal Biosensors Inc
AU:UBI
 		$2.95 Million
Colabor Group Inc.
TO:GCL
 		$2.95 Million
Arkadia Digital Media Tbk PT
JK:DIGI
 		$2.95 Million
Timah Resources Ltd
AU:TML
 		$2.95 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in MacDonald Mines Exploration Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2022 to 2023, total equity changed from -250,051 to -468,437, a change of -218,386.
  • Net loss of 764,319 reduced equity.
  • New share issuances of 455,000 increased equity.
  • Other comprehensive income decreased equity by 104,740.
  • Other factors increased equity by 195,673.

Equity Change Factors (2022 to 2023)

Factor Impact Contribution
Net Income CA$-764.32K -163.16%
Share Issuances CA$455.00K +97.13%
Other Comprehensive Income CA$-104.74K -22.36%
Other Changes CA$195.67K +41.77%
Total Change CA$- %

Book Value vs Market Value Analysis

This analysis compares MacDonald Mines Exploration Ltd'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
2001-12-31 CA$-3.55 CA$0.09 x
2002-12-31 CA$0.16 CA$0.09 x
2003-12-31 CA$17.44 CA$0.09 x
2004-12-31 CA$14.14 CA$0.09 x
2005-12-31 CA$10.08 CA$0.09 x
2006-12-31 CA$10.81 CA$0.09 x
2007-12-31 CA$24.54 CA$0.09 x
2008-12-31 CA$11.52 CA$0.09 x
2009-12-31 CA$12.31 CA$0.09 x
2010-12-31 CA$13.61 CA$0.09 x
2011-12-31 CA$10.68 CA$0.09 x
2012-12-31 CA$11.92 CA$0.09 x
2013-12-31 CA$-0.04 CA$0.09 x
2014-12-31 CA$-0.13 CA$0.09 x
2015-12-31 CA$-0.50 CA$0.09 x
2016-12-31 CA$-0.23 CA$0.09 x
2017-12-31 CA$-0.02 CA$0.09 x
2018-12-31 CA$-0.15 CA$0.09 x
2019-12-31 CA$-0.02 CA$0.09 x
2020-12-31 CA$0.12 CA$0.09 x
2021-12-31 CA$0.05 CA$0.09 x
2022-12-31 CA$-0.01 CA$0.09 x
2023-12-31 CA$-0.01 CA$0.09 x

Capital Efficiency Dashboard

This dashboard shows how efficiently MacDonald Mines Exploration Ltd 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 (-178.97%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2001 0.00% -45016.09% 0.00x 0.00x CA$-414.89K
2002 -3542.91% 0.00% 0.00x 46.09x CA$-546.69K
2003 -5.91% 0.00% 0.00x 1.15x CA$-324.71K
2004 -21.22% -1803.68% 0.01x 1.16x CA$-952.81K
2005 -15.33% -7073.42% 0.00x 1.12x CA$-988.72K
2006 1.64% 66.00% 0.02x 1.03x CA$-489.00K
2007 -27.81% -2152.00% 0.01x 1.04x CA$-7.77 Million
2008 -16.86% -1020.59% 0.02x 1.06x CA$-4.31 Million
2009 -12.63% -837.98% 0.01x 1.01x CA$-4.12 Million
2010 -11.54% -3275.66% 0.00x 1.02x CA$-4.91 Million
2011 -26.21% -2756.53% 0.01x 1.04x CA$-7.84 Million
2012 -8.92% -1385.99% 0.01x 1.04x CA$-5.24 Million
2013 0.00% 0.00% 0.00x 0.00x CA$-2.53 Million
2014 0.00% 0.00% 0.00x 0.00x CA$-238.15K
2015 0.00% 0.00% 0.00x 0.00x CA$-951.69K
2016 0.00% 0.00% 0.00x 0.00x CA$505.94K
2017 0.00% 0.00% 0.00x 0.00x CA$-5.09 Million
2018 0.00% 0.00% 0.00x 0.00x CA$-1.26 Million
2019 0.00% -5786.00% 0.06x 0.00x CA$-4.27 Million
2020 -150.90% 0.00% 0.00x 1.32x CA$-3.58 Million
2021 -277.79% 0.00% 0.00x 1.55x CA$-3.21 Million
2022 0.00% 0.00% 0.00x 0.00x CA$-1.58 Million
2023 0.00% 0.00% 0.00x 0.00x CA$-717.48K

Industry Comparison

This section compares MacDonald Mines Exploration Ltd's net assets metrics with peer companies in the Gold industry.

Industry Context

  • Industry: Gold
  • Average net assets among peers: $37,435,313
  • Average return on equity (ROE) among peers: -27.45%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
MacDonald Mines Exploration Ltd (BMK) CA$-701.66K 0.00% N/A $2.96 Million
Abcourt Mines Inc. (ABI) $-3.13 Million 0.00% 0.00x $86.06 Million
Athabasca Minerals Inc (ABM) $20.44 Million -35.77% 0.45x $3.68 Million
American Eagle Gold Corp (AE) $3.52 Million -143.42% 0.34x $148.82 Million
Aero Energy Limited (AERO) $14.72 Million -5.86% 0.05x $9.68 Million
AIS Resources Ltd (AIS) $1.78 Million -62.23% 0.56x $1.76 Million
Algo Grande Copper Corp. (ALGR) $3.28 Million -19.80% 0.18x $9.71 Million
Alkane Resources Limited (ALK) $309.37 Million 5.71% 0.50x $985.87 Million
Alliance Mining Corp (ALM) $-656.72K 0.00% 0.00x $1.58 Million
Altamira Gold Corp (ALTA) $21.46 Million -7.16% 0.01x $38.60 Million
Argus Metals Corp. (AML) $3.56 Million -6.01% 0.17x $1.59 Million

About MacDonald Mines Exploration Ltd

V:BMK Canada Gold
Market Cap
$2.96 Million
CA$4.09 Million CAD
Market Cap Rank
#33157 Global
#1536 in Canada
Share Price
CA$0.09
Change (1 day)
-10.53%
52-Week Range
CA$0.08 - CA$0.10
All Time High
CA$2.80
Categories
Companies in Canada Gold
About

MacDonald Mines Exploration Ltd. engages in the acquisition, exploration, and development of mineral properties in Canada. The company primarily explores for gold, silver, copper, cobalt, and nickel deposits. It owns 100% interests in the Scadding-Powerline-Jovan project that covers an area of 19,455 hectares located in the southeast of the prolific Sudbury Mining Camp in Northern Ontario; and th… Read more