Finlay Minerals Ltd Net Assets
Finlay Minerals Ltd net assets. Based on the latest financial reports, Finlay Minerals Ltd (FYL) has net assets worth CA$11.69 Million CAD (≈ $8.46 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$15.65 Million ≈ $11.32 Million USD) and total liabilities (CA$3.96 Million ≈ $2.86 Million 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. Also explore FYL year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$11.69 Million |
| % of Total Assets | 74.71% |
| Annual Growth Rate | 13.85% |
| 5-Year Change | 33.27% |
| 10-Year Change | 57.04% |
| Growth Volatility | 59.92 |
Net Assets of Finlay Minerals Ltd (2001–2024)
Net assets of Finlay Minerals Ltd from 2001 to 2024. This chart illustrates how Finlay Minerals Ltd's net assets have evolved over time, based on quarterly financial data. See debt-free asset ratio of Finlay Minerals Ltd to measure how much of total assets are equity-financed.
Annual Net Assets for Finlay Minerals Ltd (2001–2024)
The table below shows the annual net assets of Finlay Minerals Ltd from 2001 to 2024. For live market cap and overall valuation, see Finlay Minerals Ltd (FYL) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$10.11 Million ≈ $7.31 Million |
-0.71% |
| 2023-12-31 | CA$10.18 Million ≈ $7.36 Million |
+3.21% |
| 2022-12-31 | CA$9.86 Million ≈ $7.14 Million |
-2.33% |
| 2021-12-31 | CA$10.10 Million ≈ $7.31 Million |
+33.16% |
| 2020-12-31 | CA$7.58 Million ≈ $5.49 Million |
-0.14% |
| 2019-12-31 | CA$7.59 Million ≈ $5.49 Million |
+10.18% |
| 2018-12-31 | CA$6.89 Million ≈ $4.99 Million |
-0.03% |
| 2017-12-31 | CA$6.90 Million ≈ $4.99 Million |
+4.68% |
| 2016-12-31 | CA$6.59 Million ≈ $4.76 Million |
+2.35% |
| 2015-12-31 | CA$6.44 Million ≈ $4.66 Million |
-1.28% |
| 2014-12-31 | CA$6.52 Million ≈ $4.72 Million |
+3.06% |
| 2013-12-31 | CA$6.33 Million ≈ $4.58 Million |
+1.03% |
| 2012-12-31 | CA$6.26 Million ≈ $4.53 Million |
+1.12% |
| 2011-12-31 | CA$6.19 Million ≈ $4.48 Million |
-3.40% |
| 2010-12-31 | CA$6.41 Million ≈ $4.64 Million |
+29.32% |
| 2009-12-31 | CA$4.96 Million ≈ $3.59 Million |
+4.81% |
| 2008-12-31 | CA$4.73 Million ≈ $3.42 Million |
+1.04% |
| 2007-12-31 | CA$4.68 Million ≈ $3.39 Million |
+21.93% |
| 2006-12-31 | CA$3.84 Million ≈ $2.78 Million |
+8.79% |
| 2005-12-31 | CA$3.53 Million ≈ $2.55 Million |
-14.83% |
| 2004-12-31 | CA$4.14 Million ≈ $3.00 Million |
+25.00% |
| 2003-12-31 | CA$3.31 Million ≈ $2.40 Million |
+291.37% |
| 2002-12-31 | CA$846.82K ≈ $612.58K |
+65.49% |
| 2001-12-31 | CA$511.71K ≈ $370.16K |
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Equity Component Analysis
This analysis shows how different components contribute to Finlay Minerals Ltd'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 517535800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Finlay Minerals Ltd Net Assets Breakdown (December 2024)
Finlay Minerals Ltd net assets breakdown by equity component as of December 2024.
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$15.32 Million | 151.61% |
| Total Equity | CA$10.11 Million | 100.00% |
Finlay Minerals Ltd Competitors by Market Cap
The table below lists competitors of Finlay Minerals Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hancom MDS Inc
KQ:086960
|
$12.30 Million |
|
Korea Mcnulty Co Ltd
KQ:222980
|
$12.30 Million |
|
Vichitbhan Palmoil Public Company Limited
BK:VPO
|
$12.31 Million |
|
Securemetric Berhad
KLSE:0203
|
$12.31 Million |
|
Auris Minerals Ltd
AU:AUR
|
$12.29 Million |
|
Arcoma AB
ST:ARCOMA
|
$12.29 Million |
|
Bengal Energy Ltd
TO:BNG
|
$12.29 Million |
|
Indian Card Clothing Company Limited
NSE:INDIANCARD
|
$12.28 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Finlay Minerals Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 10,179,958 to 10,107,272, a change of -72,686 (-0.7%).
- Net loss of 215,232 reduced equity.
- Other comprehensive income decreased equity by 34,865.
- Other factors increased equity by 177,411.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-215.23K | -2.13% |
| Other Comprehensive Income | CA$-34.87K | -0.34% |
| Other Changes | CA$177.41K | +1.76% |
| Total Change | CA$- | -0.71% |
Book Value vs Market Value Analysis
This analysis compares Finlay Minerals Ltd'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: 1.39x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 1.97x to 1.39x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | CA$0.05 | CA$0.10 | x |
| 2002-12-31 | CA$0.06 | CA$0.10 | x |
| 2003-12-31 | CA$0.20 | CA$0.10 | x |
| 2004-12-31 | CA$0.18 | CA$0.10 | x |
| 2005-12-31 | CA$0.14 | CA$0.10 | x |
| 2006-12-31 | CA$0.13 | CA$0.10 | x |
| 2007-12-31 | CA$0.13 | CA$0.10 | x |
| 2008-12-31 | CA$0.13 | CA$0.10 | x |
| 2009-12-31 | CA$0.12 | CA$0.10 | x |
| 2010-12-31 | CA$0.15 | CA$0.10 | x |
| 2011-12-31 | CA$0.12 | CA$0.10 | x |
| 2012-12-31 | CA$0.12 | CA$0.10 | x |
| 2013-12-31 | CA$0.11 | CA$0.10 | x |
| 2014-12-31 | CA$0.11 | CA$0.10 | x |
| 2015-12-31 | CA$0.10 | CA$0.10 | x |
| 2016-12-31 | CA$0.10 | CA$0.10 | x |
| 2017-12-31 | CA$0.10 | CA$0.10 | x |
| 2018-12-31 | CA$0.09 | CA$0.10 | x |
| 2019-12-31 | CA$0.10 | CA$0.10 | x |
| 2020-12-31 | CA$0.08 | CA$0.10 | x |
| 2021-12-31 | CA$0.09 | CA$0.10 | x |
| 2022-12-31 | CA$0.08 | CA$0.10 | x |
| 2023-12-31 | CA$0.08 | CA$0.10 | x |
| 2024-12-31 | CA$0.07 | CA$0.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Finlay Minerals Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -2.13%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.16x
- Recent ROE (-2.13%) is above the historical average (-2.89%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | -3.36% | 0.00% | 0.00x | 1.02x | CA$-68.35K |
| 2002 | -8.29% | -4840.87% | 0.00x | 1.04x | CA$-154.92K |
| 2003 | -2.94% | 0.00% | 0.00x | 1.05x | CA$-428.70K |
| 2004 | -4.85% | 0.00% | 0.00x | 1.02x | CA$-615.31K |
| 2005 | -0.75% | 0.00% | 0.00x | 1.31x | CA$-379.35K |
| 2006 | -1.25% | 0.00% | 0.00x | 1.36x | CA$-431.81K |
| 2007 | -6.28% | 0.00% | 0.00x | 1.28x | CA$-761.96K |
| 2008 | 6.08% | 0.00% | 0.00x | 1.27x | CA$-185.56K |
| 2009 | 1.70% | 0.00% | 0.00x | 1.23x | CA$-411.29K |
| 2010 | -1.05% | 0.00% | 0.00x | 1.18x | CA$-708.06K |
| 2011 | -8.56% | 0.00% | 0.00x | 1.23x | CA$-1.15 Million |
| 2012 | -5.08% | 0.00% | 0.00x | 1.22x | CA$-944.42K |
| 2013 | -1.70% | 0.00% | 0.00x | 1.23x | CA$-739.95K |
| 2014 | -1.63% | 0.00% | 0.00x | 1.23x | CA$-758.49K |
| 2015 | -1.29% | 0.00% | 0.00x | 1.24x | CA$-726.90K |
| 2016 | -2.07% | 0.00% | 0.00x | 1.23x | CA$-795.12K |
| 2017 | -4.00% | 0.00% | 0.00x | 1.22x | CA$-965.24K |
| 2018 | -2.37% | 0.00% | 0.00x | 1.23x | CA$-852.72K |
| 2019 | -1.11% | 0.00% | 0.00x | 1.23x | CA$-843.63K |
| 2020 | -0.63% | 0.00% | 0.00x | 1.22x | CA$-805.95K |
| 2021 | -10.27% | 0.00% | 0.00x | 1.19x | CA$-2.05 Million |
| 2022 | -3.66% | 0.00% | 0.00x | 1.18x | CA$-1.35 Million |
| 2023 | -3.87% | 0.00% | 0.00x | 1.17x | CA$-1.41 Million |
| 2024 | -2.13% | 0.00% | 0.00x | 1.16x | CA$-1.23 Million |
Industry Comparison
This section compares Finlay Minerals Ltd'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: $14,979,551
- Average return on equity (ROE) among peers: -30.98%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Finlay Minerals Ltd (FYL) | CA$11.69 Million | -3.36% | 0.34x | $12.29 Million |
| AbraSilver Resource Corp. (ABRA) | $11.33 Million | -13.60% | 0.11x | $1.16 Billion |
| Archon Minerals Ltd (ACS) | $13.63 Million | -4.88% | 2.03x | $1.18 Million |
| Arctic Star Exploration Corp (ADD) | $1.53 Million | -204.67% | 0.16x | $1.73 Million |
| Adyton Resources Corp (ADY) | $558.29K | -7.75% | 0.15x | $80.71 Million |
| Adamera Minerals Corp. (ADZ) | $7.70 Million | -18.02% | 0.13x | $3.92 Million |
| Austral Gold Ltd (AGLD) | $58.54 Million | -9.13% | 0.35x | $65.15 Million |
| Clean Air Metals Inc (AIR) | $33.89 Million | -9.22% | 0.12x | $9.06 Million |
| Alpha Exploration Ltd (ALEX) | $9.21 Million | -4.21% | 0.08x | $22.04 Million |
| American Creek Resources Ltd (AMK) | $2.33 Million | -28.54% | 0.35x | $54.98 Million |
| Azucar Minerals Ltd (AMZ) | $11.08 Million | -9.78% | 0.02x | $4.54 Million |
About Finlay Minerals Ltd
Finlay Minerals Ltd. engages in the acquisition and exploration of base and precious metal deposits in northern British Columbia, Canada. It focuses on the exploration for gold-rich copper porphyry, epithermal gold, mesothermal silver-copper, copper, silver, and molybdenum-copper deposits. Finlay Minerals Ltd. was incorporated in 1999 and is based in Vancouver, Canada.