Fountain Asset Corp
Fountain Asset Corp. provides various merchant banking services to small and mid-size companies in public and private markets in North America. It offers equity financing, asset-based lending, mergers and acquisitions advisory, and operational management support services, as well as facilitates various debt and equity financing structures. The company also provides strategic financing, go-public … Read more
Fountain Asset Corp (FA) - Net Assets
Latest net assets as of September 2025: CA$8.56 Million CAD
Based on the latest financial reports, Fountain Asset Corp (FA) has net assets worth CA$8.56 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$9.19 Million) and total liabilities (CA$626.64K). 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$8.56 Million |
| % of Total Assets | 93.18% |
| Annual Growth Rate | -1.42% |
| 5-Year Change | -71.37% |
| 10-Year Change | -56.57% |
| Growth Volatility | 52.94 |
Fountain Asset Corp - Net Assets Trend (2013–2024)
This chart illustrates how Fountain Asset 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 Fountain Asset Corp (2013–2024)
The table below shows the annual net assets of Fountain Asset Corp from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$5.51 Million | -17.21% |
| 2023-12-31 | CA$6.66 Million | -43.74% |
| 2022-12-31 | CA$11.84 Million | -41.46% |
| 2021-12-31 | CA$20.22 Million | +5.00% |
| 2020-12-31 | CA$19.26 Million | +21.26% |
| 2019-12-31 | CA$15.88 Million | -53.39% |
| 2018-12-31 | CA$34.07 Million | +48.50% |
| 2017-12-31 | CA$22.94 Million | +57.35% |
| 2016-12-31 | CA$14.58 Million | +14.86% |
| 2015-12-31 | CA$12.69 Million | -16.70% |
| 2014-12-31 | CA$15.24 Million | +136.18% |
| 2013-12-31 | CA$6.45 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Fountain Asset 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 1334654100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$36.85 Million | 668.44% |
| Total Equity | CA$5.51 Million | 100.00% |
Fountain Asset Corp Competitors by Market Cap
The table below lists competitors of Fountain Asset Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Chuan Huat Resources Bhd
KLSE:7016
|
$1.80 Million |
|
Steadfast Marine PT
JK:KPAL
|
$1.80 Million |
|
Food and Drinks Public Company Limited
BK:F&D
|
$1.80 Million |
|
Spanish Broadcasting System Inc
PINK:SBSAA
|
$1.80 Million |
|
SPM Corp
VN:SPM
|
$1.80 Million |
|
Tellusgruppen AB
ST:TELLUS
|
$1.80 Million |
|
AGNICO EAGLE MINES - Dusseldorf Stock Exchang
DU:AE9
|
$1.79 Million |
|
BRDRIDG FNCL SOL
BE:5B9
|
$1.79 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fountain Asset Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,659,179 to 5,512,949, a change of -1,146,230 (-17.2%).
- Net loss of 1,299,247 reduced equity.
- Other factors increased equity by 153,017.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-1.30 Million | -23.57% |
| Other Changes | CA$153.02K | +2.78% |
| Total Change | CA$- | -17.21% |
Book Value vs Market Value Analysis
This analysis compares Fountain Asset 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: 0.88x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.18x to 0.88x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CA$0.42 | CA$0.08 | x |
| 2018-12-31 | CA$0.58 | CA$0.08 | x |
| 2019-12-31 | CA$0.27 | CA$0.08 | x |
| 2020-12-31 | CA$0.31 | CA$0.08 | x |
| 2021-12-31 | CA$0.33 | CA$0.08 | x |
| 2022-12-31 | CA$0.19 | CA$0.08 | x |
| 2023-12-31 | CA$0.11 | CA$0.08 | x |
| 2024-12-31 | CA$0.09 | CA$0.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fountain Asset Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -23.57%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: -0.33x
- • Equity Multiplier: 1.02x
- Recent ROE (-23.57%) is above the historical average (-24.60%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -50.15% | 0.00% | -0.12x | 1.60x | CA$-3.67 Million |
| 2014 | 21.39% | 53.96% | 0.29x | 1.36x | CA$1.34 Million |
| 2015 | -38.97% | 0.00% | -0.26x | 1.05x | CA$-6.02 Million |
| 2016 | 7.08% | 51.89% | 0.13x | 1.06x | CA$-425.19K |
| 2017 | 13.93% | 1259.57% | 0.01x | 1.02x | CA$900.99K |
| 2018 | 25.20% | 64.83% | 0.36x | 1.08x | CA$5.18 Million |
| 2019 | -116.53% | 0.00% | -0.93x | 1.16x | CA$-20.09 Million |
| 2020 | 13.38% | 94.51% | 0.14x | 1.02x | CA$650.88K |
| 2021 | 3.95% | 33.26% | 0.12x | 1.03x | CA$-1.22 Million |
| 2022 | -71.91% | -30371.03% | 0.00x | 1.01x | CA$-9.70 Million |
| 2023 | -78.99% | 0.00% | -0.64x | 1.02x | CA$-5.93 Million |
| 2024 | -23.57% | 0.00% | -0.33x | 1.02x | CA$-1.85 Million |
Industry Comparison
This section compares Fountain Asset Corp's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $398,436,303
- Average return on equity (ROE) among peers: -4.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fountain Asset Corp (FA) | CA$8.56 Million | -50.15% | 0.07x | $1.80 Million |
| Alaris Equity Partners Income Trust (AD-UN) | $604.54 Million | 1.97% | 0.32x | $616.42 Million |
| AI Artificial Intelligence Ventures Inc. (AIVC) | $4.27 Million | -129.03% | 0.20x | $5.48 Million |
| Brookfield Global Infrastructure Securities Income Fund (BGI-UN) | $354.64 Million | 11.23% | 0.49x | $48.58K |
| Bankers Petroleum Ltd (BNK) | $28.51 Million | 46.55% | 0.58x | $113.70K |
| Sprott Physical Gold and Silver Trust (CEF) | $1.20 Billion | -29.28% | 0.00x | $452.56K |
| Canso Select Opportunities Corporation (CSOC-B) | $12.03 Million | -8.99% | 0.00x | $8.94 Million |
| CoTec Holdings Corp. (CTH) | $-59.00K | 0.00% | 0.00x | $51.82 Million |
| Clairvest Group Inc. (CVG) | $1.25 Billion | 9.75% | 0.14x | $159.95 Million |
| Dividend Growth Split Corp (DGS) | $296.85 Million | 37.60% | 1.53x | $52.33K |
| E Split Corp Class A (ENS) | $227.99 Million | 17.94% | 0.77x | $118.61K |