1844 Resources Inc (EFF) - Net Assets

Latest as of October 2025: CA$-315.85K CAD ≈ $-228.48K USD

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

V:EFF Canada Other Industrial Metals & Mining
Market Cap
$3.09 Million
CA$4.26 Million CAD
Market Cap Rank
#29155 Global
#1414 in Canada
Share Price
CA$0.03
Change (1 day)
-14.29%
52-Week Range
CA$0.02 - CA$0.05
All Time High
CA$0.11
About

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