Fountain Asset Corp (FA) - Net Assets
Based on the latest financial reports, Fountain Asset Corp (FA) has net assets worth CA$8.56 Million CAD (≈ $6.19 Million USD) 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 ≈ $6.65 Million USD) and total liabilities (CA$626.64K ≈ $453.30K 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 how resilient are Fountain Asset Corp's assets to evaluate the company's liquid asset resilience ratio.
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. Also explore FA current and non-current assets for the complete picture of this company's asset base.
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. For live valuation and market cap data, see Fountain Asset Corp market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 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 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 |
|---|---|
|
Harris Technology Group Ltd
AU:HT8
|
$2.79 Million |
|
MODERN LAND (CHINA) DL-01
F:7PJ
|
$2.79 Million |
|
Visionstate Corp
V:VIS
|
$2.80 Million |
|
Ranchero Gold Corp
V:RNCH
|
$2.81 Million |
|
Foresight VCT PLC
LSE:FTV
|
$2.79 Million |
|
Cottonindo Ariesta Tbk PT
JK:KPAS
|
$2.79 Million |
|
NorCom Information Technology GmbH & Co. KGaA
XETRA:NC5A
|
$2.79 Million |
|
Aethlon Medical Inc
NASDAQ:AEMD
|
$2.79 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fountain Asset Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,659,179 to 5,512,949, a change of -1,146,230 (-17.2%).
- Net loss of 1,299,247 reduced equity.
- Other factors increased equity by 153,017.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-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: 0.70x
- 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 0.14x to 0.70x 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$0.06 | x |
| 2018-12-31 | CA$0.58 | CA$0.06 | x |
| 2019-12-31 | CA$0.27 | CA$0.06 | x |
| 2020-12-31 | CA$0.31 | CA$0.06 | x |
| 2021-12-31 | CA$0.33 | CA$0.06 | x |
| 2022-12-31 | CA$0.19 | CA$0.06 | x |
| 2023-12-31 | CA$0.11 | CA$0.06 | x |
| 2024-12-31 | CA$0.09 | CA$0.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fountain Asset Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -23.57%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: -0.33x
- • Equity Multiplier: 1.02x
- Recent ROE (-23.57%) is above the historical average (-24.60%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -50.15% | 0.00% | -0.12x | 1.60x | CA$-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: $992,381,508
- Average return on equity (ROE) among peers: 4.71%
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 | $2.79 Million |
| Aberdeen International Inc. (AAB) | $35.85 Million | -38.54% | 0.11x | $3.49 Million |
| Base Carbon Inc. (BCBN) | $100.49 Million | 0.24% | 0.08x | $56.23 Million |
| Canadian Banc Corp (BK) | $89.75 Million | -11.56% | 0.94x | $535.67 Million |
| Brookfield Corporation (BN) | $5.65 Billion | 9.83% | 2.54x | $101.82 Billion |
| Sprott Physical Gold and Silver Trust (CEF) | $541.00 Million | 7.88% | 0.00x | $9.16 Billion |
| Canadian General Investments Ltd (CGI) | $533.40 Million | 17.99% | 0.28x | $784.71 Million |
| CI Financial Corp (CIX) | $1.68 Billion | 21.01% | 0.77x | $3.32 Billion |
| Clairvest Group Inc. (CVG) | $250.77 Million | 0.90% | 0.15x | $762.10 Million |
| Cymbria Corporation (CYB) | $1.02 Billion | 18.60% | 0.05x | $1.04 Billion |
| Dividend 15 Split Corp II (DF) | $34.03 Million | 20.80% | 1.51x | $158.27 Million |
About 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