Cantex Mine Development Corp (CD) - Net Assets
Based on the latest financial reports, Cantex Mine Development Corp (CD) has net assets worth CA$1.73 Million CAD (≈ $1.25 Million USD) as of October 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$3.60 Million ≈ $2.60 Million USD) and total liabilities (CA$1.87 Million ≈ $1.35 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. Also explore Cantex Mine Development Corp assets under control for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$1.73 Million |
| % of Total Assets | 48.07% |
| Annual Growth Rate | N/A |
| 5-Year Change | -110.62% |
| 10-Year Change | N/A |
| Growth Volatility | 1483.88 |
Cantex Mine Development Corp - Net Assets Trend (2000–2025)
This chart illustrates how Cantex Mine Development Corp's net assets have evolved over time, based on quarterly financial data. Check Cantex Mine Development Corp (CD) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Cantex Mine Development Corp (2000–2025)
The table below shows the annual net assets of Cantex Mine Development Corp from 2000 to 2025. For live valuation and market cap data, see Cantex Mine Development Corp (CD) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-07-31 | CA$-185.28K ≈ $-134.03K |
-107.47% |
| 2024-07-31 | CA$2.48 Million ≈ $1.79 Million |
+4871.31% |
| 2023-07-31 | CA$49.90K ≈ $36.10K |
-98.14% |
| 2022-07-31 | CA$2.69 Million ≈ $1.94 Million |
+53.99% |
| 2021-07-31 | CA$1.74 Million ≈ $1.26 Million |
-66.13% |
| 2020-07-31 | CA$5.15 Million ≈ $3.73 Million |
-19.05% |
| 2019-07-31 | CA$6.36 Million ≈ $4.60 Million |
+251.33% |
| 2018-07-31 | CA$-4.20 Million ≈ $-3.04 Million |
+18.95% |
| 2017-07-31 | CA$-5.19 Million ≈ $-3.75 Million |
-28.93% |
| 2016-07-31 | CA$-4.02 Million ≈ $-2.91 Million |
+0.75% |
| 2015-07-31 | CA$-4.05 Million ≈ $-2.93 Million |
-41.30% |
| 2014-07-31 | CA$-2.87 Million ≈ $-2.08 Million |
-3274.21% |
| 2013-07-31 | CA$-85.02K ≈ $-61.50K |
+96.47% |
| 2012-07-31 | CA$-2.41 Million ≈ $-1.74 Million |
-21.91% |
| 2011-07-31 | CA$-1.98 Million ≈ $-1.43 Million |
-4.17% |
| 2010-07-31 | CA$-1.90 Million ≈ $-1.37 Million |
+4.68% |
| 2009-07-31 | CA$-1.99 Million ≈ $-1.44 Million |
-226.08% |
| 2008-07-31 | CA$-610.26K ≈ $-441.45K |
-5.73% |
| 2007-07-31 | CA$-577.19K ≈ $-417.53K |
+21.39% |
| 2006-07-31 | CA$-734.26K ≈ $-531.15K |
-226.37% |
| 2005-07-31 | CA$581.05K ≈ $420.32K |
-71.35% |
| 2004-07-31 | CA$2.03 Million ≈ $1.47 Million |
+248.36% |
| 2003-07-31 | CA$-1.37 Million ≈ $-988.83K |
-70.38% |
| 2002-07-31 | CA$-802.27K ≈ $-580.35K |
-104.44% |
| 2001-07-31 | CA$18.06 Million ≈ $13.07 Million |
+18.59% |
| 2000-07-31 | CA$15.23 Million ≈ $11.02 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Cantex Mine Development 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 8333402800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (July 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$96.68 Million | % |
| Total Equity | CA$-185.28K | 100.00% |
Cantex Mine Development Corp Competitors by Market Cap
The table below lists competitors of Cantex Mine Development Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Enjoei S.A
SA:ENJU3
|
$28.16 Million |
|
Caspin Resources Ltd
AU:CPN
|
$28.16 Million |
|
Aquaron Acquisition Corp. Common Stock
NASDAQ:AQU
|
$28.17 Million |
|
Cords Cable Industries Limited
NSE:CORDSCABLE
|
$28.18 Million |
|
TBH Global Co Ltd
KO:084870
|
$28.14 Million |
|
Ponni Sugars (Erode) Limited
NSE:PONNIERODE
|
$28.14 Million |
|
Jindalee Lithium Ltd
AU:JLL
|
$28.14 Million |
|
North Energy ASA
OL:NORTH
|
$28.13 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cantex Mine Development Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,480,883 to -185,285, a change of -2,666,168 (-107.5%).
- Net loss of 3,224,770 reduced equity.
- New share issuances of 685,000 increased equity.
- Other factors decreased equity by 126,398.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-3.22 Million | -1740.44% |
| Share Issuances | CA$685.00K | +369.7% |
| Other Changes | CA$-126.40K | -68.22% |
| Total Change | CA$- | -107.47% |
Book Value vs Market Value Analysis
This analysis compares Cantex Mine Development 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-07-31 | CA$14.59 | CA$0.25 | x |
| 2001-07-31 | CA$15.88 | CA$0.25 | x |
| 2002-07-31 | CA$-0.66 | CA$0.25 | x |
| 2003-07-31 | CA$-1.07 | CA$0.25 | x |
| 2004-07-31 | CA$1.50 | CA$0.25 | x |
| 2005-07-31 | CA$0.31 | CA$0.25 | x |
| 2006-07-31 | CA$-0.39 | CA$0.25 | x |
| 2007-07-31 | CA$-0.30 | CA$0.25 | x |
| 2008-07-31 | CA$-0.30 | CA$0.25 | x |
| 2009-07-31 | CA$-0.94 | CA$0.25 | x |
| 2010-07-31 | CA$-0.87 | CA$0.25 | x |
| 2011-07-31 | CA$-0.88 | CA$0.25 | x |
| 2012-07-31 | CA$-0.97 | CA$0.25 | x |
| 2013-07-31 | CA$-0.03 | CA$0.25 | x |
| 2014-07-31 | CA$-0.42 | CA$0.25 | x |
| 2015-07-31 | CA$-0.44 | CA$0.25 | x |
| 2016-07-31 | CA$-0.39 | CA$0.25 | x |
| 2017-07-31 | CA$-0.41 | CA$0.25 | x |
| 2018-07-31 | CA$-0.31 | CA$0.25 | x |
| 2019-07-31 | CA$0.19 | CA$0.25 | x |
| 2020-07-31 | CA$0.11 | CA$0.25 | x |
| 2021-07-31 | CA$0.03 | CA$0.25 | x |
| 2022-07-31 | CA$0.04 | CA$0.25 | x |
| 2023-07-31 | CA$0.00 | CA$0.25 | x |
| 2024-07-31 | CA$0.02 | CA$0.25 | x |
| 2025-07-31 | CA$0.00 | CA$0.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cantex Mine Development Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-463.60%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | -17.68% | 0.00% | 0.00x | 1.10x | CA$-4.22 Million |
| 2001 | -3.59% | 0.00% | 0.00x | 1.02x | CA$-2.45 Million |
| 2002 | 0.00% | -122610.86% | 0.01x | 0.00x | CA$-1.09 Million |
| 2003 | 0.00% | -2012.31% | 0.62x | 0.00x | CA$-627.98K |
| 2004 | -82.97% | 0.00% | 0.00x | 1.20x | CA$-1.89 Million |
| 2005 | -249.04% | -2039.23% | 0.07x | 1.67x | CA$-1.51 Million |
| 2006 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-1.24 Million |
| 2007 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-1.01 Million |
| 2008 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-1.43 Million |
| 2009 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-1.60 Million |
| 2010 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-734.46K |
| 2011 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-2.26 Million |
| 2012 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-1.94 Million |
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-2.26 Million |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-2.51 Million |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-2.03 Million |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-618.94K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-1.79 Million |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-309.60K |
| 2019 | -149.20% | 0.00% | 0.00x | 2.08x | CA$-10.13 Million |
| 2020 | -58.76% | 0.00% | 0.00x | 1.31x | CA$-3.54 Million |
| 2021 | -413.84% | 0.00% | 0.00x | 1.86x | CA$-7.39 Million |
| 2022 | -296.70% | 0.00% | 0.00x | 1.74x | CA$-8.24 Million |
| 2023 | -10572.28% | 0.00% | 0.00x | 29.47x | CA$-5.28 Million |
| 2024 | -209.55% | 0.00% | 0.00x | 1.81x | CA$-5.45 Million |
| 2025 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-3.21 Million |
Industry Comparison
This section compares Cantex Mine Development Corp'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: $43,965,285
- Average return on equity (ROE) among peers: -37.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Cantex Mine Development Corp (CD) | CA$1.73 Million | -17.68% | 1.08x | $28.15 Million |
| Aftermath Silver Ltd (AAG) | $18.53 Million | -54.22% | 0.52x | $163.11 Million |
| Aton Resources Inc (AAN) | $-1.13 Million | 0.00% | 0.00x | $50.71 Million |
| Arbor Metals Corp (ABR) | $562.48K | -95.48% | 1.10x | $9.56 Million |
| Asiabasemetals Inc (ABZ) | $262.22K | -168.47% | 0.12x | $3.27 Million |
| Adex Mining Inc (ADE) | $-5.15 Million | 0.00% | 0.00x | $66.13 Million |
| Alphamin Res (AFM) | $310.73 Million | 15.51% | 0.36x | $1.36 Billion |
| Silver X Mining Corp (AGX) | $-442.07K | 0.00% | 0.00x | $136.41 Million |
| Amarc Resources Ltd. (AHR) | $4.65 Million | -88.11% | 0.01x | $153.22 Million |
| Almonty Industries Inc (AII) | $47.10 Million | 22.07% | 0.87x | $3.18 Billion |
| Aldebaran Resources Inc (ALDE) | $64.54 Million | -3.09% | 0.01x | $374.28 Million |
About Cantex Mine Development Corp
Cantex Mine Development Corp. engages in the acquisition, exploration, and development of mineral properties in Canada, the United States, and Yemen. The company explores for gold, nickel, copper, cobalt, silver, lead, zinc, germanium, manganese, platinum, palladium, and rhodium deposits. Its flagship project is the North Rackla Project that consists of 1,075 claim blocks covering an area of appr… Read more