Fountain Asset Corp (FA) - Net Assets
Based on the latest financial reports, Fountain Asset Corp (FA) has net assets worth CA$6.65 Million CAD (≈ $4.81 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$7.48 Million ≈ $5.41 Million USD) and total liabilities (CA$826.93K ≈ $598.19K 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. Check FA strategic asset allocation to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$6.65 Million |
| % of Total Assets | 88.94% |
| Annual Growth Rate | 1.21% |
| 5-Year Change | -63.13% |
| 10-Year Change | -48.87% |
| Growth Volatility | 51.16 |
Fountain Asset Corp - Net Assets Trend (2013–2025)
This chart illustrates how Fountain Asset Corp's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market cap of Fountain Asset Corp.
Annual Net Assets for Fountain Asset Corp (2013–2025)
The table below shows the annual net assets of Fountain Asset Corp from 2013 to 2025. Also explore Fountain Asset Corp annual equity growth to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CA$7.46 Million ≈ $5.39 Million |
+35.23% |
| 2024-12-31 | CA$5.51 Million ≈ $3.99 Million |
-17.21% |
| 2023-12-31 | CA$6.66 Million ≈ $4.82 Million |
-43.74% |
| 2022-12-31 | CA$11.84 Million ≈ $8.56 Million |
-41.46% |
| 2021-12-31 | CA$20.22 Million ≈ $14.63 Million |
+5.00% |
| 2020-12-31 | CA$19.26 Million ≈ $13.93 Million |
+21.26% |
| 2019-12-31 | CA$15.88 Million ≈ $11.49 Million |
-53.39% |
| 2018-12-31 | CA$34.07 Million ≈ $24.65 Million |
+48.50% |
| 2017-12-31 | CA$22.94 Million ≈ $16.60 Million |
+57.35% |
| 2016-12-31 | CA$14.58 Million ≈ $10.55 Million |
+14.86% |
| 2015-12-31 | CA$12.69 Million ≈ $9.18 Million |
-16.70% |
| 2014-12-31 | CA$15.24 Million ≈ $11.02 Million |
+136.18% |
| 2013-12-31 | CA$6.45 Million ≈ $4.67 Million |
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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 1142717200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$36.87 Million | 494.59% |
| Total Equity | CA$7.46 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 |
|---|---|
|
Cortus Energy AB (publ)
ST:CE
|
$2.33 Million |
|
AS Trigon Property Development
STU:UG4
|
$2.33 Million |
|
Venerable Ventures Ltd
V:VLV
|
$2.33 Million |
|
Rallye SA
PA:RAL
|
$2.33 Million |
|
Fintel PLC
LSE:FNTL
|
$2.33 Million |
|
Rockwood Realisation PLC
LSE:RKW
|
$2.32 Million |
|
Cleghorn Minerals Ltd
V:CZZ
|
$2.32 Million |
|
Tianci International, Inc. Common Stock
NASDAQ:CIIT
|
$2.32 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 2024 to 2025, total equity changed from 5,512,949 to 7,455,410, a change of 1,942,461 (35.2%).
- Net income of 1,919,369 contributed positively to equity growth.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$1.92 Million | +25.74% |
| Other Changes | CA$23.09K | +0.31% |
| Total Change | CA$- | 35.23% |
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: 0.43x
- 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 0.12x to 0.43x 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$0.05 | x |
| 2018-12-31 | CA$0.58 | CA$0.05 | x |
| 2019-12-31 | CA$0.27 | CA$0.05 | x |
| 2020-12-31 | CA$0.31 | CA$0.05 | x |
| 2021-12-31 | CA$0.33 | CA$0.05 | x |
| 2022-12-31 | CA$0.19 | CA$0.05 | x |
| 2023-12-31 | CA$0.11 | CA$0.05 | x |
| 2024-12-31 | CA$0.09 | CA$0.05 | x |
| 2025-12-31 | CA$0.12 | CA$0.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fountain Asset Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 25.74%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 49.91%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 1.09x
- Recent ROE (25.74%) is above the historical average (-20.73%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -50.15% | 0.00% | -0.12x | 1.60x | CA$-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 |
| 2025 | 25.74% | 49.91% | 0.47x | 1.09x | CA$1.17 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: $1,243,754,610
- Average return on equity (ROE) among peers: 6.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fountain Asset Corp (FA) | CA$6.65 Million | -50.15% | 0.12x | $2.33 Million |
| Aberdeen International Inc. (AAB) | $98.80 Million | 2.62% | 0.15x | $2.91 Million |
| Base Carbon Inc. (BCBN) | $134.69 Million | 72.96% | 0.05x | $43.04 Million |
| Canadian Banc Corp (BK) | $73.98 Million | 30.26% | 0.83x | $557.29 Million |
| Brookfield Corporation (BN) | $5.39 Billion | 3.62% | 1.56x | $83.88 Billion |
| Sprott Physical Gold and Silver Trust (CEF) | $3.14 Billion | -2.97% | 0.00x | $8.10 Billion |
| Canadian General Investments Ltd (CGI) | $1.01 Billion | -25.28% | 0.15x | $781.85 Million |
| CI Financial Corp (CIX) | $295.05 Million | -0.71% | 0.80x | $3.32 Billion |
| Culico Metals Inc. (CLCO) | $9.29 Million | -28.44% | 0.18x | $25.70 Million |
| Clairvest Group Inc. (CVG) | $1.25 Billion | 9.75% | 0.14x | $781.26 Million |
| Cymbria Corporation (CYB) | $1.04 Billion | 2.10% | 0.03x | $1.10 Billion |
About Fountain Asset Corp
Fountain Asset Corp. provides debt and equity financing solutions. It offers asset-based lending, mergers and acquisitions advisory. The company also provides strategic financing, go-public transactions, and corporate advisory services. It serves manufacturing, retail, financial services, technology, cannabis, biotechnology, oil and gas, mining, and cryptocurrency sectors. The company was formerl… Read more