Canoe Mining Ventures Corp (CLV) - Net Assets
Based on the latest financial reports, Canoe Mining Ventures Corp (CLV) has net assets worth CA$33.85K CAD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$148.80K) and total liabilities (CA$114.95K). 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$33.85K |
| % of Total Assets | 22.75% |
| Annual Growth Rate | -24.04% |
| 5-Year Change | -84.3% |
| 10-Year Change | N/A |
| Growth Volatility | 177.16 |
Canoe Mining Ventures Corp - Net Assets Trend (2013–2024)
This chart illustrates how Canoe Mining Ventures Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Canoe Mining Ventures Corp (2013–2024)
The table below shows the annual net assets of Canoe Mining Ventures Corp from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$119.75K | -58.31% |
| 2023-12-31 | CA$287.22K | -11.14% |
| 2022-12-31 | CA$323.22K | +366.75% |
| 2021-12-31 | CA$-121.17K | -115.89% |
| 2017-12-31 | CA$762.69K | +145.18% |
| 2016-12-31 | CA$311.08K | +431.46% |
| 2015-12-31 | CA$58.53K | -98.23% |
| 2014-12-31 | CA$3.30 Million | +34.01% |
| 2013-12-31 | CA$2.47 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Canoe Mining Ventures 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 688743100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$9.71 Million | 8105.57% |
| Total Equity | CA$119.75K | 100.00% |
Canoe Mining Ventures Corp Competitors by Market Cap
The table below lists competitors of Canoe Mining Ventures Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
THALASSA HLDG.NEW DL-01
F:TH2P
|
$3.74 Million |
|
DFS Furniture PLC
LSE:DFS
|
$3.74 Million |
|
Urban One
NASDAQ:UONE
|
$3.74 Million |
|
Octopus Renewables Infra Trust
LSE:ORIT
|
$3.74 Million |
|
Enrg Elements Ltd
AU:EEL
|
$3.74 Million |
|
Rapid Lithium Limited
AU:RLL
|
$3.73 Million |
|
Kanani Industries Limited
NSE:KANANIIND
|
$3.72 Million |
|
NuCana PLC
NASDAQ:NCNA
|
$3.72 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Canoe Mining Ventures Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 287,222 to 119,751, a change of -167,471 (-58.3%).
- Net loss of 167,471 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-167.47K | -139.85% |
| Total Change | CA$- | -58.31% |
Book Value vs Market Value Analysis
This analysis compares Canoe Mining Ventures Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 29.23x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | CA$-0.01 | CA$0.15 | x |
| 2022-12-31 | CA$0.01 | CA$0.15 | x |
| 2023-12-31 | CA$0.01 | CA$0.15 | x |
| 2024-12-31 | CA$0.00 | CA$0.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Canoe Mining Ventures Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -139.85%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.44x
- Recent ROE (-139.85%) is above the historical average (-696.10%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -28.51% | 0.00% | 0.00x | 1.23x | CA$-949.56K |
| 2014 | -49.93% | 0.00% | 0.00x | 1.36x | CA$-1.98 Million |
| 2015 | -6028.95% | 0.00% | 0.00x | 24.19x | CA$-3.53 Million |
| 2016 | 64.95% | 0.00% | 0.00x | 3.05x | CA$170.93K |
| 2017 | -69.97% | 0.00% | 0.00x | 1.77x | CA$-609.95K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | CA$29.87K |
| 2022 | -0.11% | 0.00% | 0.00x | 1.53x | CA$-32.69K |
| 2023 | -12.53% | 0.00% | 0.00x | 1.14x | CA$-64.72K |
| 2024 | -139.85% | 0.00% | 0.00x | 1.44x | CA$-179.45K |
Industry Comparison
This section compares Canoe Mining Ventures Corp'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 |
|---|---|---|---|---|
| Canoe Mining Ventures Corp (CLV) | CA$33.85K | -28.51% | 3.40x | $3.74 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 Canoe Mining Ventures Corp
Canoe Mining Ventures Corp. engages in the acquisition, exploration, evaluation, and development of gold resource properties in Canada. It holds a 100% interest in the Kerrs gold property, which comprises 12 mining leasehold patents located in the Larder Lake Mining Division of Ontario; and the Butt Property consisting of 87 mineral exploration claims located in Butt Township, District of Nipissi… Read more