Bitterroot Resources Ltd (BTT) - Net Assets
Based on the latest financial reports, Bitterroot Resources Ltd (BTT) has net assets worth CA$4.69 Million CAD as of April 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$5.31 Million) and total liabilities (CA$626.92K). 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$4.69 Million |
| % of Total Assets | 88.2% |
| Annual Growth Rate | 3.01% |
| 5-Year Change | 32.43% |
| 10-Year Change | 18.83% |
| Growth Volatility | 28.43 |
Bitterroot Resources Ltd - Net Assets Trend (2000–2024)
This chart illustrates how Bitterroot Resources 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 Bitterroot Resources Ltd (2000–2024)
The table below shows the annual net assets of Bitterroot Resources Ltd from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-10-31 | CA$5.35 Million | +2.45% |
| 2023-10-31 | CA$5.22 Million | -1.79% |
| 2022-10-31 | CA$5.32 Million | -13.67% |
| 2021-10-31 | CA$6.16 Million | +52.48% |
| 2020-10-31 | CA$4.04 Million | +9.10% |
| 2019-10-31 | CA$3.70 Million | -8.09% |
| 2018-10-31 | CA$4.03 Million | -38.61% |
| 2017-10-31 | CA$6.56 Million | +54.15% |
| 2016-10-31 | CA$4.26 Million | -5.45% |
| 2015-10-31 | CA$4.50 Million | +8.86% |
| 2014-10-31 | CA$4.14 Million | -22.07% |
| 2013-10-31 | CA$5.31 Million | -27.52% |
| 2012-10-31 | CA$7.32 Million | -33.25% |
| 2011-10-31 | CA$10.97 Million | -13.47% |
| 2010-10-31 | CA$12.68 Million | -15.89% |
| 2009-10-31 | CA$15.07 Million | +4.64% |
| 2008-10-31 | CA$14.40 Million | +8.42% |
| 2007-10-31 | CA$13.29 Million | +65.96% |
| 2006-10-31 | CA$8.00 Million | +54.11% |
| 2005-10-31 | CA$5.19 Million | +37.96% |
| 2004-10-31 | CA$3.77 Million | +34.56% |
| 2003-10-31 | CA$2.80 Million | -0.91% |
| 2002-10-31 | CA$2.82 Million | +5.12% |
| 2001-10-31 | CA$2.69 Million | +2.27% |
| 2000-10-31 | CA$2.63 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Bitterroot Resources 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 2761135000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (October 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$35.73 Million | 667.86% |
| Total Equity | CA$5.35 Million | 100.00% |
Bitterroot Resources Ltd Competitors by Market Cap
The table below lists competitors of Bitterroot Resources Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AS Latvijas Juras medicinas centrs
MU:UOM
|
$5.92 Million |
|
Telemasters Holdings Ltd
JSE:TLM
|
$5.92 Million |
|
Rebosis
JSE:REB
|
$5.93 Million |
|
Destiny Media Technologies Inc
V:DSY
|
$5.93 Million |
|
BTU Metals Corp
V:BTU
|
$5.91 Million |
|
ChargePanel AB
ST:CHARGE
|
$5.91 Million |
|
Synergy CHC Corp. Common Stock
NASDAQ:SNYR
|
$5.91 Million |
|
Vintage Energy Ltd
AU:VEN
|
$5.91 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bitterroot Resources Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,222,865 to 5,350,573, a change of 127,708 (2.4%).
- Net loss of 225,652 reduced equity.
- New share issuances of 270,000 increased equity.
- Other comprehensive income decreased equity by 4,943,178.
- Other factors increased equity by 5,026,538.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-225.65K | -4.22% |
| Share Issuances | CA$270.00K | +5.05% |
| Other Comprehensive Income | CA$-4.94 Million | -92.39% |
| Other Changes | CA$5.03 Million | +93.94% |
| Total Change | CA$- | 2.45% |
Book Value vs Market Value Analysis
This analysis compares Bitterroot Resources 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
- Current price-to-book ratio: 1.27x
- 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 0.04x to 1.27x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-10-31 | CA$1.64 | CA$0.07 | x |
| 2001-10-31 | CA$1.54 | CA$0.07 | x |
| 2002-10-31 | CA$1.42 | CA$0.07 | x |
| 2003-10-31 | CA$1.33 | CA$0.07 | x |
| 2004-10-31 | CA$1.45 | CA$0.07 | x |
| 2005-10-31 | CA$1.71 | CA$0.07 | x |
| 2006-10-31 | CA$2.07 | CA$0.07 | x |
| 2007-10-31 | CA$2.72 | CA$0.07 | x |
| 2008-10-31 | CA$2.55 | CA$0.07 | x |
| 2009-10-31 | CA$2.27 | CA$0.07 | x |
| 2010-10-31 | CA$1.69 | CA$0.07 | x |
| 2011-10-31 | CA$1.32 | CA$0.07 | x |
| 2012-10-31 | CA$0.68 | CA$0.07 | x |
| 2013-10-31 | CA$0.45 | CA$0.07 | x |
| 2014-10-31 | CA$0.32 | CA$0.07 | x |
| 2015-10-31 | CA$0.32 | CA$0.07 | x |
| 2016-10-31 | CA$0.21 | CA$0.07 | x |
| 2017-10-31 | CA$0.24 | CA$0.07 | x |
| 2018-10-31 | CA$0.11 | CA$0.07 | x |
| 2019-10-31 | CA$0.10 | CA$0.07 | x |
| 2020-10-31 | CA$0.09 | CA$0.07 | x |
| 2021-10-31 | CA$0.09 | CA$0.07 | x |
| 2022-10-31 | CA$0.06 | CA$0.07 | x |
| 2023-10-31 | CA$0.06 | CA$0.07 | x |
| 2024-10-31 | CA$0.05 | CA$0.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bitterroot Resources Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -4.22%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.09x
- Recent ROE (-4.22%) is above the historical average (-18.15%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | -3.86% | -21687.79% | 0.00x | 1.03x | CA$-363.92K |
| 2001 | -4.14% | 0.00% | 0.00x | 1.03x | CA$-379.89K |
| 2002 | -3.71% | 0.00% | 0.00x | 1.04x | CA$-387.25K |
| 2003 | -12.78% | 0.00% | 0.00x | 1.00x | CA$-637.47K |
| 2004 | -39.28% | 0.00% | 0.00x | 1.04x | CA$-1.86 Million |
| 2005 | -1.00% | 0.00% | 0.00x | 1.01x | CA$-571.59K |
| 2006 | -6.52% | 0.00% | 0.00x | 1.02x | CA$-1.32 Million |
| 2007 | -4.97% | 0.00% | 0.00x | 1.05x | CA$-1.99 Million |
| 2008 | -4.48% | 0.00% | 0.00x | 1.08x | CA$-2.09 Million |
| 2009 | -1.08% | 0.00% | 0.00x | 1.09x | CA$-1.67 Million |
| 2010 | -23.72% | 0.00% | 0.00x | 1.12x | CA$-4.27 Million |
| 2011 | -31.19% | 0.00% | 0.00x | 1.11x | CA$-4.52 Million |
| 2012 | -61.32% | 0.00% | 0.00x | 1.01x | CA$-5.22 Million |
| 2013 | -58.90% | 0.00% | 0.00x | 1.02x | CA$-3.66 Million |
| 2014 | -35.95% | 0.00% | 0.00x | 1.08x | CA$-1.90 Million |
| 2015 | -7.41% | 0.00% | 0.00x | 1.01x | CA$-784.14K |
| 2016 | -6.62% | 0.00% | 0.00x | 1.05x | CA$-707.39K |
| 2017 | -11.06% | 0.00% | 0.00x | 1.03x | CA$-1.38 Million |
| 2018 | -64.81% | 0.00% | 0.00x | 1.09x | CA$-3.01 Million |
| 2019 | -13.45% | 0.00% | 0.00x | 1.13x | CA$-868.28K |
| 2020 | 1.75% | 0.00% | 0.00x | 1.10x | CA$-333.41K |
| 2021 | -14.35% | 0.00% | 0.00x | 1.02x | CA$-1.50 Million |
| 2022 | -33.69% | 0.00% | 0.00x | 1.02x | CA$-2.32 Million |
| 2023 | -6.93% | 0.00% | 0.00x | 1.07x | CA$-884.20K |
| 2024 | -4.22% | 0.00% | 0.00x | 1.09x | CA$-760.71K |
Industry Comparison
This section compares Bitterroot Resources Ltd'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: $-404,510
- Average return on equity (ROE) among peers: 31.84%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bitterroot Resources Ltd (BTT) | CA$4.69 Million | -3.86% | 0.13x | $5.91 Million |
| Aftermath Silver Ltd (AAG) | $25.06 Million | -33.91% | 0.29x | $215.07 Million |
| Aton Resources Inc (AAN) | $-1.50 Million | 0.00% | 0.00x | $52.55 Million |
| Asbestos Corporation Limited (AB-H) | $-22.33 Million | 0.00% | 0.00x | $1.85 Million |
| Arbor Metals Corp (ABR) | $3.78 Million | -10.88% | 0.34x | $10.15 Million |
| Asiabasemetals Inc (ABZ) | $-30.55K | 0.00% | 0.00x | $5.75 Million |
| Adex Mining Inc (ADE) | $-30.95 Million | 0.00% | 0.00x | $27.09 Million |
| AE Fuels Corporation (AEF) | $423.41K | -11.49% | 0.28x | $4.95 Million |
| Alphamin Res (AFM) | $272.15K | -48.58% | 0.07x | $1.27 Billion |
| African Metals Corporation (AFR) | $2.33 Million | 446.81% | 0.22x | $1.00 Million |
| Silver X Mining Corp (AGX) | $18.90 Million | -23.55% | 1.85x | $148.73 Million |
About Bitterroot Resources Ltd
Bitterroot Resources Ltd., through its subsidiaries, sources, acquires, explores, develops, and evaluates mineral properties in the United States. The company explores for nickel, copper, platinum, palladium, gold, and silver deposits. It holds 100% interest in LM property covering an area of approximately 40 acres located in Baraga County, Michigan; and Nighthawk Property comprising 219 claims c… Read more