1844 Resources Inc (EFF) - Net Assets
Based on the latest financial reports, 1844 Resources Inc (EFF) has net assets worth CA$-315.85K CAD (≈ $-228.48K 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$419.78K ≈ $303.66K USD) and total liabilities (CA$735.62K ≈ $532.14K USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Read total liabilities of 1844 Resources Inc for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-315.85K |
| % of Total Assets | -75.24% |
| Annual Growth Rate | N/A |
| 5-Year Change | -175.88% |
| 10-Year Change | N/A |
| Growth Volatility | 102.25 |
1844 Resources Inc - Net Assets Trend (2017–2025)
This chart illustrates how 1844 Resources Inc's net assets have evolved over time, based on quarterly financial data. Also explore 1844 Resources Inc asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for 1844 Resources Inc (2017–2025)
The table below shows the annual net assets of 1844 Resources Inc from 2017 to 2025. For live valuation and market cap data, see 1844 Resources Inc stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-04-30 | CA$-684.76K ≈ $-495.35K |
-244.57% |
| 2024-04-30 | CA$473.65K ≈ $342.63K |
-48.27% |
| 2023-04-30 | CA$915.70K ≈ $662.40K |
-14.10% |
| 2022-04-30 | CA$1.07 Million ≈ $771.10K |
+18.13% |
| 2021-04-30 | CA$902.39K ≈ $652.78K |
+942.10% |
| 2020-04-30 | CA$-107.16K ≈ $-77.52K |
+62.43% |
| 2019-04-30 | CA$-285.26K ≈ $-206.36K |
+43.60% |
| 2018-04-30 | CA$-505.82K ≈ $-365.90K |
-18.90% |
| 2017-04-30 | CA$-425.42K ≈ $-307.74K |
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Equity Component Analysis
This analysis shows how different components contribute to 1844 Resources 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 482229400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (April 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$16.45 Million | % |
| Total Equity | CA$-684.76K | 100.00% |
1844 Resources Inc Competitors by Market Cap
The table below lists competitors of 1844 Resources Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fly-E Group, Inc. Common Stock
NASDAQ:FLYE
|
$3.09 Million |
|
SPROUT AI INC.
F:5AU
|
$3.09 Million |
|
Hopium SAS
PA:ALHPI
|
$3.09 Million |
|
Synergy CHC Corp. Common Stock
NASDAQ:SNYR
|
$3.09 Million |
|
Science Group plc
LSE:SAG
|
$3.08 Million |
|
Centogene N.V.
NASDAQ:CNTGF
|
$3.07 Million |
|
CBLT Inc
V:CBLT
|
$3.07 Million |
|
Dharani Sugars&Chemicals Limited
NSE:DHARSUGAR
|
$3.07 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in 1844 Resources Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 473,650 to -684,762, a change of -1,158,412 (-244.6%).
- Net loss of 1,446,615 reduced equity.
- New share issuances of 456,500 increased equity.
- Other factors decreased equity by 168,297.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-1.45 Million | -211.26% |
| Share Issuances | CA$456.50K | +66.67% |
| Other Changes | CA$-168.30K | -24.58% |
| Total Change | CA$- | -244.57% |
Book Value vs Market Value Analysis
This analysis compares 1844 Resources Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-04-30 | CA$-0.03 | CA$0.03 | x |
| 2018-04-30 | CA$-0.03 | CA$0.03 | x |
| 2019-04-30 | CA$-0.02 | CA$0.03 | x |
| 2020-04-30 | CA$0.00 | CA$0.03 | x |
| 2021-04-30 | CA$0.02 | CA$0.03 | x |
| 2022-04-30 | CA$0.02 | CA$0.03 | x |
| 2023-04-30 | CA$0.01 | CA$0.03 | x |
| 2024-04-30 | CA$0.00 | CA$0.03 | x |
| 2025-04-30 | CA$-0.01 | CA$0.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently 1844 Resources Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-40.86%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-2.35 Million |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-226.90K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-133.09K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-187.12K |
| 2021 | -53.01% | 0.00% | 0.00x | 1.30x | CA$-568.62K |
| 2022 | -70.49% | 0.00% | 0.00x | 1.32x | CA$-857.95K |
| 2023 | -79.65% | 0.00% | 0.00x | 1.50x | CA$-820.91K |
| 2024 | -164.61% | 0.00% | 0.00x | 2.87x | CA$-827.03K |
| 2025 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-1.38 Million |
Industry Comparison
This section compares 1844 Resources 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: $52,819,930
- Average return on equity (ROE) among peers: -0.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| 1844 Resources Inc (EFF) | CA$-315.85K | 0.00% | N/A | $3.09 Million |
| Aftermath Silver Ltd (AAG) | $-31.00K | 0.00% | 0.00x | $200.41 Million |
| Aton Resources Inc (AAN) | $-1.13 Million | 0.00% | 0.00x | $55.32 Million |
| Arbor Metals Corp (ABR) | $-10.47K | 0.00% | 0.00x | $9.55 Million |
| Asiabasemetals Inc (ABZ) | $-394.71K | 0.00% | 0.00x | $3.23 Million |
| Adex Mining Inc (ADE) | $-81.43K | 0.00% | 0.00x | $27.09 Million |
| Alphamin Res (AFM) | $390.07 Million | 25.84% | 0.48x | $1.30 Billion |
| Silver X Mining Corp (AGX) | $18.90 Million | -23.55% | 1.85x | $148.73 Million |
| Amarc Resources Ltd. (AHR) | $-542.92K | 0.00% | 0.00x | $176.85 Million |
| Almonty Industries Inc (AII) | $21.18 Million | 0.00% | 0.48x | $4.68 Billion |
| Aldebaran Resources Inc (ALDE) | $100.24 Million | -2.37% | 0.01x | $400.20 Million |
About 1844 Resources Inc
1844 Resources Inc. engages in the identification, exploration, and development of mineral properties in Canada. It primarily explores for copper, nickel, gold, zinc, cobalt, and molybdenum deposits. The company has 100% interest in Hawk Ridge project, which covers an area of 173 square kilometers located on the tidewater in Quebec; vortex project consist of 40 claims covering an area of 24 squar… Read more