Merida Minerals Inc.
Hispania Resources Inc. engages in acquisition, exploration, and development of mineral properties in Spain. It focuses on the exploration of zinc, copper, and lead deposits. The company has an agreement to acquire 100% interests in the Herrerias property that comprises 299 individual mining grid rectangles covering an area of approximately 90 square kilometers located in east-southeast of Badajo… Read more
Merida Minerals Inc. (ESPN) - Net Assets
Latest net assets as of September 2025: CA$-2.14 Million CAD
Based on the latest financial reports, Merida Minerals Inc. (ESPN) has net assets worth CA$-2.14 Million 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$1.10 Million) and total liabilities (CA$3.24 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-2.14 Million |
| % of Total Assets | -194.28% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 95.13 |
Merida Minerals Inc. - Net Assets Trend (2021–2025)
This chart illustrates how Merida Minerals Inc.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Merida Minerals Inc. (2021–2025)
The table below shows the annual net assets of Merida Minerals Inc. from 2021 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | CA$-1.85 Million | -92.49% |
| 2024-06-30 | CA$-962.12K | -296.97% |
| 2023-06-30 | CA$-242.36K | -222.97% |
| 2022-06-30 | CA$197.09K | -32.71% |
| 2021-06-30 | CA$292.88K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Merida Minerals 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 331680400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$4.02 Million | % |
| Total Equity | CA$-1.85 Million | 100.00% |
Merida Minerals Inc. Competitors by Market Cap
The table below lists competitors of Merida Minerals Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Inhibitor Therapeutics Inc
OTCQB:INTI
|
$3.93 Million |
|
HOCHDORF HLDG AG
F:1Z3
|
$3.93 Million |
|
SUNMIRROR AG SF 1
F:ROR
|
$3.93 Million |
|
McLaren Resources Inc
F:3ML
|
$3.94 Million |
|
Grand Gulf Energy Ltd
AU:GGE
|
$3.93 Million |
|
Planet Ventures Inc
PINK:PNXPF
|
$3.93 Million |
|
Beam Communications Holdings Ltd
AU:BCC
|
$3.93 Million |
|
ALX Resources Corp
PINK:ALXEF
|
$3.92 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Merida Minerals Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -962,116 to -1,851,995, a change of -889,879.
- Net loss of 893,473 reduced equity.
- Other factors increased equity by 3,594.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-893.47K | -48.24% |
| Other Changes | CA$3.59K | +0.19% |
| Total Change | CA$- | % |
Book Value vs Market Value Analysis
This analysis compares Merida Minerals 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 |
|---|---|---|---|
| 2021-06-30 | CA$0.01 | CA$0.07 | x |
| 2022-06-30 | CA$0.00 | CA$0.07 | x |
| 2023-06-30 | CA$0.00 | CA$0.07 | x |
| 2024-06-30 | CA$-0.02 | CA$0.07 | x |
| 2025-06-30 | CA$-0.03 | CA$0.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Merida Minerals Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-138.22%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -28.95% | 0.00% | 0.00x | 1.19x | CA$-114.08K |
| 2022 | -662.13% | 0.00% | 0.00x | 4.13x | CA$-1.32 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-1.49 Million |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-637.14K |
| 2025 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-708.27K |
Industry Comparison
This section compares Merida Minerals 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: $30,833,953
- Average return on equity (ROE) among peers: -67.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Merida Minerals Inc. (ESPN) | CA$-2.14 Million | -28.95% | N/A | $3.93 Million |
| Asbestos Corporation Limited (AB-H) | $-20.02 Million | 0.00% | 0.00x | $467.16K |
| Asiabasemetals Inc (ABZ) | $-394.71K | 0.00% | 0.00x | $1.49 Million |
| Alphamin Res (AFM) | $310.73 Million | 15.51% | 0.36x | $456.79 Million |
| African Metals Corporation (AFR) | $942.26K | -69.83% | 0.14x | $409.36K |
| Bullet Exploration Inc (AMMO) | $2.16 Million | -41.07% | 24.74x | $3.15 Million |
| AM Resources Corp (AMR) | $596.66K | -503.92% | 1.17x | $2.45 Million |
| Andina Copper Corporation (ANDC) | $6.58 Million | -35.34% | 0.01x | $101.97 Million |
| Auriginal Mining Corp. (AUME) | $8.45 Million | -20.72% | 0.21x | $6.12 Million |
| Aurora Royalties Inc (AUR-H) | $350.13K | -16.93% | 0.05x | $266.34K |
| Balto Resources Ltd (BAL-H) | $-1.07 Million | 0.00% | 0.00x | $375.18K |