Fjordland Exploration Inc (FEX) - Net Assets
Based on the latest financial reports, Fjordland Exploration Inc (FEX) has net assets worth CA$-57.22K CAD (≈ $-41.39K 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$68.11K ≈ $49.27K USD) and total liabilities (CA$125.33K ≈ $90.66K USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Read FEX liabilities breakdown for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-57.22K |
| % of Total Assets | -84.01% |
| Annual Growth Rate | -0.15% |
| 5-Year Change | -93.82% |
| 10-Year Change | -10.65% |
| Growth Volatility | 199.41 |
Fjordland Exploration Inc - Net Assets Trend (2013–2024)
This chart illustrates how Fjordland Exploration Inc's net assets have evolved over time, based on quarterly financial data. Also explore Fjordland Exploration Inc asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Fjordland Exploration Inc (2013–2024)
The table below shows the annual net assets of Fjordland Exploration Inc from 2013 to 2024. For live valuation and market cap data, see Fjordland Exploration Inc stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$140.03K ≈ $101.30K |
-69.14% |
| 2023-12-31 | CA$453.73K ≈ $328.22K |
-90.37% |
| 2022-12-31 | CA$4.71 Million ≈ $3.41 Million |
+11.38% |
| 2021-12-31 | CA$4.23 Million ≈ $3.06 Million |
+86.73% |
| 2020-12-31 | CA$2.27 Million ≈ $1.64 Million |
-3.42% |
| 2019-12-31 | CA$2.35 Million ≈ $1.70 Million |
-7.30% |
| 2018-12-31 | CA$2.53 Million ≈ $1.83 Million |
-12.88% |
| 2017-12-31 | CA$2.91 Million ≈ $2.10 Million |
+651.36% |
| 2016-12-31 | CA$386.66K ≈ $279.70K |
+146.71% |
| 2015-12-31 | CA$156.72K ≈ $113.37K |
-59.28% |
| 2014-12-31 | CA$384.85K ≈ $278.40K |
+170.32% |
| 2013-12-31 | CA$142.37K ≈ $102.99K |
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Equity Component Analysis
This analysis shows how different components contribute to Fjordland Exploration 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 770287900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$22.68 Million | 16194.43% |
| Total Equity | CA$140.03K | 100.00% |
Fjordland Exploration Inc Competitors by Market Cap
The table below lists competitors of Fjordland Exploration Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Macfarlane Group PLC
LSE:MACF
|
$1.20 Million |
|
Focus Universal Inc
NASDAQ:FCUV
|
$1.20 Million |
|
Biomx Inc
NYSE MKT:PHGE
|
$1.21 Million |
|
Univa Foods Limited
NSE:UNIVAFOODS
|
$1.21 Million |
|
Black Widow Resources Inc
V:BWR
|
$1.20 Million |
|
Pacific Imperial Mines Inc
V:PPM
|
$1.20 Million |
|
Residential Secure Income plc
LSE:RESI
|
$1.19 Million |
|
Global Opportunities Trust Ord
LSE:GOT
|
$1.19 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fjordland Exploration Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 453,732 to 140,034, a change of -313,698 (-69.1%).
- Net loss of 313,698 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-313.70K | -224.02% |
| Total Change | CA$- | -69.14% |
Book Value vs Market Value Analysis
This analysis compares Fjordland Exploration 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
- Current price-to-book ratio: 11.85x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 0.33x to 11.85x 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$0.06 | CA$0.02 | x |
| 2018-12-31 | CA$0.05 | CA$0.02 | x |
| 2019-12-31 | CA$0.05 | CA$0.02 | x |
| 2020-12-31 | CA$0.05 | CA$0.02 | x |
| 2021-12-31 | CA$0.06 | CA$0.02 | x |
| 2022-12-31 | CA$0.06 | CA$0.02 | x |
| 2023-12-31 | CA$0.01 | CA$0.02 | x |
| 2024-12-31 | CA$0.00 | CA$0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fjordland Exploration Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -224.02%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 2.25x
- Recent ROE (-224.02%) is below the historical average (-131.62%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -771.27% | 0.00% | 0.00x | 2.01x | CA$-1.11 Million |
| 2014 | -76.27% | 0.00% | 0.00x | 1.54x | CA$-332.00K |
| 2015 | -206.61% | 0.00% | 0.00x | 2.46x | CA$-339.48K |
| 2016 | -114.54% | 0.00% | 0.00x | 1.58x | CA$-481.53K |
| 2017 | -18.76% | 0.00% | 0.00x | 1.08x | CA$-835.52K |
| 2018 | -34.05% | 0.00% | 0.00x | 1.02x | CA$-1.11 Million |
| 2019 | -9.21% | 0.00% | 0.00x | 1.02x | CA$-450.74K |
| 2020 | -19.91% | 0.00% | 0.00x | 1.04x | CA$-677.70K |
| 2021 | -20.17% | 0.00% | 0.00x | 1.07x | CA$-1.28 Million |
| 2022 | -9.16% | 0.00% | 0.00x | 1.07x | CA$-902.94K |
| 2023 | -75.42% | 0.00% | 0.00x | 1.20x | CA$-387.59K |
| 2024 | -224.02% | 0.00% | 0.00x | 2.25x | CA$-327.70K |
Industry Comparison
This section compares Fjordland Exploration 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: $49,314,810
- Average return on equity (ROE) among peers: -11.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fjordland Exploration Inc (FEX) | CA$-57.22K | -771.27% | N/A | $1.20 Million |
| Aftermath Silver Ltd (AAG) | $-553.41K | 0.00% | 0.00x | $185.75 Million |
| Aton Resources Inc (AAN) | $-1.13 Million | 0.00% | 0.00x | $49.79 Million |
| Arbor Metals Corp (ABR) | $1.00 Million | -16.27% | 0.02x | $10.75 Million |
| Asiabasemetals Inc (ABZ) | $717.72K | -45.73% | 0.05x | $4.67 Million |
| Adex Mining Inc (ADE) | $-30.95 Million | 0.00% | 0.00x | $27.09 Million |
| Alphamin Res (AFM) | $367.40 Million | 27.47% | 0.33x | $1.30 Billion |
| Silver X Mining Corp (AGX) | $38.37 Million | -47.47% | 0.73x | $148.73 Million |
| Amarc Resources Ltd. (AHR) | $14.00 Million | 5.93% | 0.01x | $148.33 Million |
| Almonty Industries Inc (AII) | $39.75 Million | -36.45% | 3.85x | $4.73 Billion |
| Aldebaran Resources Inc (ALDE) | $64.54 Million | -3.09% | 0.01x | $332.39 Million |
About Fjordland Exploration Inc
Fjordland Exploration Inc., an exploration stage company, engages in the acquisition and exploration of mineral deposits in Canada. It explores for gold, copper, nickel, lithium, and cobalt deposits. The Company owns 75% interest in the South Voisey's Bay property located in central labrador; and 100% interests in the Witch project located in the Quesnel Trough of central British Columbia. It als… Read more