Fredonia Mining Inc (FRED) - Net Assets
Based on the latest financial reports, Fredonia Mining Inc (FRED) has net assets worth CA$-220.63K CAD (≈ $-159.60K USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$594.38K ≈ $429.97K USD) and total liabilities (CA$815.01K ≈ $589.57K USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Read FRED total debt and obligations for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-220.63K |
| % of Total Assets | -37.12% |
| Annual Growth Rate | -33.88% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 337.0 |
Fredonia Mining Inc - Net Assets Trend (2020–2024)
This chart illustrates how Fredonia Mining Inc's net assets have evolved over time, based on quarterly financial data. Also explore how large is Fredonia Mining Inc's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Fredonia Mining Inc (2020–2024)
The table below shows the annual net assets of Fredonia Mining Inc from 2020 to 2024. For live valuation and market cap data, see Fredonia Mining Inc stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-09-30 | CA$97.19K ≈ $70.31K |
+165.97% |
| 2023-09-30 | CA$-147.31K ≈ $-106.56K |
-101.80% |
| 2022-09-30 | CA$8.19 Million ≈ $5.92 Million |
+102.94% |
| 2021-09-30 | CA$4.03 Million ≈ $2.92 Million |
+693.12% |
| 2020-09-30 | CA$508.60K ≈ $367.91K |
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Equity Component Analysis
This analysis shows how different components contribute to Fredonia Mining 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 1202155900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$16.16 Million | 16627.79% |
| Total Equity | CA$97.19K | 100.00% |
Fredonia Mining Inc Competitors by Market Cap
The table below lists competitors of Fredonia Mining Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Rubberex Corporation M Bhd
KLSE:7803
|
$20.75 Million |
|
The Byke Hospitality Ltd
NSE:BYKE
|
$20.76 Million |
|
Milestone Scientific
NYSE MKT:MLSS
|
$20.76 Million |
|
Ryukil C&S Ltd
KQ:191410
|
$20.77 Million |
|
Eminis Ambalaj Sanayi ve Ticaret AS
IS:EMNIS
|
$20.75 Million |
|
Biofish Holding AS
OL:BFISH
|
$20.74 Million |
|
Nexam Chemical Holding AB
ST:NEXAM
|
$20.72 Million |
|
Sala @ Sathorn Property Fund
BK:SSPF
|
$20.72 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fredonia Mining Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -147,312 to 97,189, a change of 244,501.
- Net loss of 1,125,406 reduced equity.
- New share issuances of 1,392,597 increased equity.
- Other factors decreased equity by 22,690.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-1.13 Million | -1157.96% |
| Share Issuances | CA$1.39 Million | +1432.88% |
| Other Changes | CA$-22.69K | -23.35% |
| Total Change | CA$- | % |
Book Value vs Market Value Analysis
This analysis compares Fredonia Mining 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: 309.72x
- 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 195.77x to 309.72x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-09-30 | CA$0.00 | CA$0.66 | x |
| 2021-09-30 | CA$0.03 | CA$0.66 | x |
| 2022-09-30 | CA$0.05 | CA$0.66 | x |
| 2023-09-30 | CA$0.00 | CA$0.66 | x |
| 2024-09-30 | CA$0.00 | CA$0.66 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fredonia Mining Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -1157.96%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 12.31x
- Recent ROE (-1157.96%) is below the historical average (-249.90%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -23.45% | 0.00% | 0.00x | 2.79x | CA$-170.12K |
| 2021 | -77.41% | 0.00% | 0.00x | 1.32x | CA$-3.53 Million |
| 2022 | 9.32% | 0.00% | 0.00x | 1.06x | CA$-55.32K |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-2.66 Million |
| 2024 | -1157.96% | 0.00% | 0.00x | 12.31x | CA$-1.14 Million |
Industry Comparison
This section compares Fredonia Mining Inc's net assets metrics with peer companies in the Other Precious Metals & Mining industry.
Industry Context
- Industry: Other Precious Metals & Mining
- Average net assets among peers: $19,020,437
- Average return on equity (ROE) among peers: -25.95%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fredonia Mining Inc (FRED) | CA$-220.63K | -23.45% | N/A | $20.75 Million |
| AbraSilver Resource Corp. (ABRA) | $8.76 Million | -117.42% | 2.77x | $1.97 Billion |
| Archon Minerals Ltd (ACS) | $-1.32 Million | 0.00% | 0.00x | $4.63 Million |
| Arctic Star Exploration Corp (ADD) | $7.61 Million | -10.85% | 0.15x | $1.73 Million |
| Adyton Resources Corp (ADY) | $276.14K | -90.50% | 0.96x | $80.71 Million |
| Adamera Minerals Corp. (ADZ) | $4.83 Million | -11.80% | 0.15x | $3.91 Million |
| Austral Gold Ltd (AGLD) | $79.55 Million | 12.51% | 0.72x | $69.64 Million |
| Clean Air Metals Inc (AIR) | $33.89 Million | -9.22% | 0.12x | $12.23 Million |
| Alpha Exploration Ltd (ALEX) | $15.98 Million | -2.45% | 0.05x | $43.40 Million |
| American Creek Resources Ltd (AMK) | $14.12 Million | -24.77% | 0.02x | $54.98 Million |
| Azucar Minerals Ltd (AMZ) | $26.52 Million | -4.99% | 0.01x | $3.47 Million |
About Fredonia Mining Inc
Fredonia Mining Inc. operates as a mining extraction company in Argentina. The company primarily explores for gold and silver deposits. Its flagship property is the El Dorado-Monserrat Project that consists of various license blocks covering approximately 6,200 hectares located in Santa Cruz Province, Argentina. The company is headquartered in Toronto, Canada.