Boron One Holdings Inc.
Boron One Holdings Inc. engages in the acquisition, exploration, and development of mineral properties in Serbia. The company explores for borate. It holds interests in the Piskanja project located to the south of Belgrade, Serbia. The company was formerly known as Erin Ventures Inc. and changed its name to Boron One Holdings Inc. in February 2023. Boron One Holdings Inc. was incorporated in 1993… Read more
Boron One Holdings Inc. (BONE) - Net Assets
Latest net assets as of March 2024: CA$10.24 Million CAD
Based on the latest financial reports, Boron One Holdings Inc. (BONE) has net assets worth CA$10.24 Million 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$10.86 Million) and total liabilities (CA$619.05K). 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$10.24 Million |
| % of Total Assets | 94.3% |
| Annual Growth Rate | 2.59% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 4.75 |
Boron One Holdings Inc. - Net Assets Trend (2020–2023)
This chart illustrates how Boron One Holdings Inc.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Boron One Holdings Inc. (2020–2023)
The table below shows the annual net assets of Boron One Holdings Inc. from 2020 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-06-30 | CA$9.78 Million | +5.62% |
| 2022-06-30 | CA$9.26 Million | -4.00% |
| 2021-06-30 | CA$9.65 Million | +6.47% |
| 2020-06-30 | CA$9.06 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Boron One Holdings 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 307854900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$39.17 Million | 400.45% |
| Total Equity | CA$9.78 Million | 100.00% |
Boron One Holdings Inc. Competitors by Market Cap
The table below lists competitors of Boron One Holdings Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Move Logistics Group Ltd
AU:MOV
|
$5.70 Million |
|
Visgeneer
TWO:4197
|
$5.70 Million |
|
PUDO Inc
OTCQB:PDPTF
|
$5.70 Million |
|
CADENCE MINERALS LS -01
F:2REA
|
$5.70 Million |
|
Noble Romans Inc
OTCQB:NROM
|
$5.70 Million |
|
U10 SA
PA:ALU10
|
$5.70 Million |
|
LOCKHEED MARTIN - Dusseldorf Stock Exchang
DU:LOM
|
$5.70 Million |
|
ALPINA HOLDINGS
F:B0M
|
$5.70 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Boron One Holdings Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 9,261,324 to 9,781,405, a change of 520,081 (5.6%).
- Net loss of 903,885 reduced equity.
- New share issuances of 1,086,300 increased equity.
- Other factors increased equity by 337,666.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-903.88K | -9.24% |
| Share Issuances | CA$1.09 Million | +11.11% |
| Other Changes | CA$337.67K | +3.45% |
| Total Change | CA$- | 5.62% |
Book Value vs Market Value Analysis
This analysis compares Boron One Holdings 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
- Current price-to-book ratio: 0.64x
- 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 0.44x to 0.64x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-06-30 | CA$0.08 | CA$0.04 | x |
| 2021-06-30 | CA$0.07 | CA$0.04 | x |
| 2022-06-30 | CA$0.06 | CA$0.04 | x |
| 2023-06-30 | CA$0.05 | CA$0.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Boron One Holdings Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -9.24%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.06x
- Recent ROE (-9.24%) is above the historical average (-10.92%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -11.42% | 0.00% | 0.00x | 1.08x | CA$-1.94 Million |
| 2021 | -11.36% | 0.00% | 0.00x | 1.06x | CA$-2.06 Million |
| 2022 | -11.65% | 0.00% | 0.00x | 1.07x | CA$-2.01 Million |
| 2023 | -9.24% | 0.00% | 0.00x | 1.06x | CA$-1.88 Million |
Industry Comparison
This section compares Boron One Holdings Inc.'s net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $30,833,953
- Average return on equity (ROE) among peers: -67.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Boron One Holdings Inc. (BONE) | CA$10.24 Million | -11.42% | 0.06x | $5.70 Million |
| Asbestos Corporation Limited (AB-H) | $-20.02 Million | 0.00% | 0.00x | $467.16K |
| Asiabasemetals Inc (ABZ) | $-394.71K | 0.00% | 0.00x | $1.49 Million |
| Alphamin Res (AFM) | $310.73 Million | 15.51% | 0.36x | $456.79 Million |
| African Metals Corporation (AFR) | $942.26K | -69.83% | 0.14x | $409.36K |
| Bullet Exploration Inc (AMMO) | $2.16 Million | -41.07% | 24.74x | $3.15 Million |
| AM Resources Corp (AMR) | $596.66K | -503.92% | 1.17x | $2.45 Million |
| Andina Copper Corporation (ANDC) | $6.58 Million | -35.34% | 0.01x | $101.97 Million |
| Auriginal Mining Corp. (AUME) | $8.45 Million | -20.72% | 0.21x | $6.12 Million |
| Aurora Royalties Inc (AUR-H) | $350.13K | -16.93% | 0.05x | $266.34K |
| Balto Resources Ltd (BAL-H) | $-1.07 Million | 0.00% | 0.00x | $375.18K |