Almadex Minerals Ltd (DEX) - Net Assets
Based on the latest financial reports, Almadex Minerals Ltd (DEX) has net assets worth CA$28.17 Million CAD (≈ $20.38 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$28.49 Million ≈ $20.61 Million USD) and total liabilities (CA$321.79K ≈ $232.78K 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$28.17 Million |
| % of Total Assets | 98.87% |
| Annual Growth Rate | 6.42% |
| 5-Year Change | 130.23% |
| 10-Year Change | N/A |
| Growth Volatility | 43.58 |
Almadex Minerals Ltd - Net Assets Trend (2018–2024)
This chart illustrates how Almadex Minerals 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 Almadex Minerals Ltd (2018–2024)
The table below shows the annual net assets of Almadex Minerals Ltd from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$27.80 Million ≈ $20.11 Million |
+7.76% |
| 2023-12-31 | CA$25.80 Million ≈ $18.66 Million |
-7.85% |
| 2022-12-31 | CA$28.00 Million ≈ $20.25 Million |
+13.21% |
| 2021-12-31 | CA$24.73 Million ≈ $17.89 Million |
+104.80% |
| 2020-12-31 | CA$12.07 Million ≈ $8.73 Million |
-33.89% |
| 2019-12-31 | CA$18.27 Million ≈ $13.21 Million |
-4.55% |
| 2018-12-31 | CA$19.14 Million ≈ $13.84 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Almadex Minerals 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 grown by 565545400.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CA$1.77 Million | 6.37% |
| Other Components | CA$26.03 Million | 93.63% |
| Total Equity | CA$27.80 Million | 100.00% |
Almadex Minerals Ltd Competitors by Market Cap
The table below lists competitors of Almadex Minerals Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Reitmans Canada Ltd
V:RET
|
$20.81 Million |
|
INIFY LABORATORIES AB
F:WY60
|
$20.83 Million |
|
Brill Shoe Industries Ltd
TA:BRIL
|
$20.85 Million |
|
Nusantara Almazia
JK:NZIA
|
$20.86 Million |
|
Resverlogix Corp.
TO:RVX
|
$20.79 Million |
|
Milestone Scientific
NYSE MKT:MLSS
|
$20.76 Million |
|
Israel Acquisitions Corp Class A
NASDAQ:ISRL
|
$20.75 Million |
|
Rubberex Corporation M Bhd
KLSE:7803
|
$20.75 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Almadex Minerals Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 25,797,000 to 27,799,941, a change of 2,002,941 (7.8%).
- Net income of 2,001,191 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$2.00 Million | +7.2% |
| Other Changes | CA$1.75K | +0.01% |
| Total Change | CA$- | 7.76% |
Book Value vs Market Value Analysis
This analysis compares Almadex Minerals 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: 1.03x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 1.35x to 1.03x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | CA$0.35 | CA$0.47 | x |
| 2019-12-31 | CA$0.33 | CA$0.47 | x |
| 2020-12-31 | CA$0.16 | CA$0.47 | x |
| 2021-12-31 | CA$0.33 | CA$0.47 | x |
| 2022-12-31 | CA$0.46 | CA$0.47 | x |
| 2023-12-31 | CA$0.42 | CA$0.47 | x |
| 2024-12-31 | CA$0.46 | CA$0.47 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Almadex Minerals Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 7.20%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4452.53%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.01x
- Recent ROE (7.20%) is above the historical average (-2.12%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -5.96% | -125.34% | 0.05x | 1.01x | CA$-2.91 Million |
| 2020 | -62.71% | -1663.74% | 0.04x | 1.01x | CA$-8.78 Million |
| 2021 | 48.68% | 571.64% | 0.08x | 1.05x | CA$9.57 Million |
| 2022 | 11.50% | 46.50% | 0.24x | 1.02x | CA$420.61K |
| 2023 | -11.42% | -454.80% | 0.02x | 1.02x | CA$-5.52 Million |
| 2024 | 7.20% | 4452.53% | 0.00x | 1.01x | CA$-778.80K |
Industry Comparison
This section compares Almadex Minerals Ltd's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $2,784,468,103
- Average return on equity (ROE) among peers: -17.69%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Almadex Minerals Ltd (DEX) | CA$28.17 Million | -5.96% | 0.01x | $20.80 Million |
| Allied Gold Corporation (AAUC) | $111.36 Million | -6.66% | 4.92x | $3.95 Billion |
| Abcourt Mines Inc. (ABI) | $21.98 Million | -4.61% | 0.07x | $81.76 Million |
| Barrick Gold Corp (ABX) | $24.51 Billion | -2.71% | 0.93x | $68.04 Billion |
| American Eagle Gold Corp (AE) | $3.52 Million | -143.42% | 0.34x | $141.31 Million |
| Agnico Eagle Mines Limited (AEM) | $2.98 Billion | -13.65% | 0.67x | $99.09 Billion |
| Alamos Gold Inc (AGI) | $141.14 Million | 2.08% | 0.25x | $18.74 Billion |
| AIS Resources Ltd (AIS) | $2.11 Million | -4.60% | 0.02x | $1.76 Million |
| Alliance Mining Corp (ALM) | $-655.60K | 0.00% | 0.00x | $1.58 Million |
| Altamira Gold Corp (ALTA) | $-113.81K | 0.00% | 0.00x | $37.53 Million |
| Almaden Minerals Ltd (AMM) | $80.18 Million | -3.33% | 0.09x | $24.82 Million |
About Almadex Minerals Ltd
Almadex Minerals Ltd. engages in the acquisition and exploration of mineral resource properties in Canada, the United States, and Mexico. The company primarily explores for gold, copper, silver, zinc, diamonds, and molybdenum deposits. The company was formerly known as 1154229 B.C. Ltd. and changed its name to Almadex Minerals Ltd. in May 2018. Almadex Minerals Ltd. was incorporated in 2018 and i… Read more