Iconic Minerals Ltd (ICM) - Net Assets
Based on the latest financial reports, Iconic Minerals Ltd (ICM) has net assets worth CA$68.67K CAD as of November 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$1.67 Million) and total liabilities (CA$1.60 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$68.67K |
| % of Total Assets | 4.12% |
| Annual Growth Rate | N/A |
| 5-Year Change | -85.31% |
| 10-Year Change | N/A |
| Growth Volatility | 304.84 |
Iconic Minerals Ltd - Net Assets Trend (2001–2025)
This chart illustrates how Iconic Minerals Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Iconic Minerals Ltd (2001–2025)
The table below shows the annual net assets of Iconic Minerals Ltd from 2001 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-08-31 | CA$362.23K | +30.73% |
| 2024-08-31 | CA$277.07K | -90.36% |
| 2023-08-31 | CA$2.87 Million | +83.43% |
| 2022-08-31 | CA$1.57 Million | -36.47% |
| 2021-08-31 | CA$2.47 Million | +462.90% |
| 2020-08-31 | CA$437.98K | +137.78% |
| 2019-08-31 | CA$-1.16 Million | -862.55% |
| 2018-08-31 | CA$152.03K | +157.56% |
| 2017-08-31 | CA$-264.14K | -45.96% |
| 2016-08-31 | CA$-180.96K | -127.18% |
| 2015-08-31 | CA$665.71K | +425.37% |
| 2014-08-31 | CA$126.71K | -76.19% |
| 2013-08-31 | CA$532.22K | -28.75% |
| 2012-08-31 | CA$746.94K | -50.18% |
| 2011-08-31 | CA$1.50 Million | -51.20% |
| 2010-08-31 | CA$3.07 Million | -22.14% |
| 2009-08-31 | CA$3.95 Million | -74.60% |
| 2008-08-31 | CA$15.54 Million | +16.02% |
| 2007-08-31 | CA$13.39 Million | +727.39% |
| 2006-08-31 | CA$1.62 Million | +48.16% |
| 2005-08-31 | CA$1.09 Million | +332.06% |
| 2004-08-31 | CA$252.81K | +236.24% |
| 2003-08-31 | CA$75.19K | -83.86% |
| 2002-08-31 | CA$465.81K | +301.53% |
| 2001-08-31 | CA$-231.14K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Iconic 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 2813746300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (August 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$34.72 Million | 9585.22% |
| Total Equity | CA$362.23K | 100.00% |
Iconic Minerals Ltd Competitors by Market Cap
The table below lists competitors of Iconic Minerals Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
WANDA HOTEL DEVEL. CO.
F:CL1A
|
$14.09 Million |
|
DESERT CONTROL NK 3
F:8KT
|
$14.10 Million |
|
Euromedis Groupe SA
PA:ALEMG
|
$14.10 Million |
|
CHUWIT FARM (2019) PUBLIC COMPANY LIMITED
BK:CFARM
|
$14.10 Million |
|
TS Corp Preference Shares
KO:001795
|
$14.07 Million |
|
Magna Terra Minerals Inc
V:MTT
|
$14.07 Million |
|
Weizmann Limited
NSE:WEIZMANIND
|
$14.07 Million |
|
In8bio Inc
NASDAQ:INAB
|
$14.06 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Iconic Minerals Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 277,073 to 362,228, a change of 85,155 (30.7%).
- Net loss of 291,121 reduced equity.
- Other factors increased equity by 376,276.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-291.12K | -80.37% |
| Other Changes | CA$376.28K | +103.88% |
| Total Change | CA$- | 30.73% |
Book Value vs Market Value Analysis
This analysis compares Iconic 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: 45.01x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-08-31 | CA$-0.92 | CA$0.11 | x |
| 2002-08-31 | CA$5.33 | CA$0.11 | x |
| 2003-08-31 | CA$0.38 | CA$0.11 | x |
| 2004-08-31 | CA$1.07 | CA$0.11 | x |
| 2005-08-31 | CA$3.46 | CA$0.11 | x |
| 2006-08-31 | CA$3.27 | CA$0.11 | x |
| 2007-08-31 | CA$9.73 | CA$0.11 | x |
| 2008-08-31 | CA$7.29 | CA$0.11 | x |
| 2009-08-31 | CA$1.41 | CA$0.11 | x |
| 2010-08-31 | CA$1.03 | CA$0.11 | x |
| 2011-08-31 | CA$0.49 | CA$0.11 | x |
| 2012-08-31 | CA$0.14 | CA$0.11 | x |
| 2013-08-31 | CA$0.06 | CA$0.11 | x |
| 2014-08-31 | CA$0.01 | CA$0.11 | x |
| 2015-08-31 | CA$0.03 | CA$0.11 | x |
| 2016-08-31 | CA$-0.01 | CA$0.11 | x |
| 2017-08-31 | CA$0.00 | CA$0.11 | x |
| 2018-08-31 | CA$0.00 | CA$0.11 | x |
| 2019-08-31 | CA$-0.01 | CA$0.11 | x |
| 2020-08-31 | CA$0.00 | CA$0.11 | x |
| 2021-08-31 | CA$0.02 | CA$0.11 | x |
| 2022-08-31 | CA$0.01 | CA$0.11 | x |
| 2023-08-31 | CA$0.02 | CA$0.11 | x |
| 2024-08-31 | CA$0.00 | CA$0.11 | x |
| 2025-08-31 | CA$0.00 | CA$0.11 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Iconic Minerals Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -80.37%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 4.93x
- Recent ROE (-80.37%) is above the historical average (-142.42%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 0.00% | -13282.60% | 0.02x | 0.00x | CA$-1.07 Million |
| 2002 | -54.07% | -5047.03% | 0.01x | 1.21x | CA$-298.43K |
| 2003 | -707.58% | -3278.11% | 0.07x | 3.04x | CA$-539.52K |
| 2004 | -110.65% | -6700.24% | 0.01x | 1.45x | CA$-305.02K |
| 2005 | -47.53% | -7606.71% | 0.01x | 1.15x | CA$-628.39K |
| 2006 | -39.25% | -12586.70% | 0.00x | 1.07x | CA$-796.96K |
| 2007 | 7.57% | 4162.68% | 0.00x | 1.07x | CA$-325.52K |
| 2008 | -76.95% | -11897.25% | 0.01x | 1.15x | CA$-13.51 Million |
| 2009 | -328.21% | 0.00% | 0.00x | 1.99x | CA$-13.35 Million |
| 2010 | -29.55% | 0.00% | 0.00x | 2.05x | CA$-1.22 Million |
| 2011 | -116.04% | 0.00% | 0.00x | 3.46x | CA$-1.89 Million |
| 2012 | -286.36% | 0.00% | 0.00x | 4.83x | CA$-2.21 Million |
| 2013 | -114.38% | 0.00% | 0.00x | 7.63x | CA$-661.95K |
| 2014 | -339.54% | 0.00% | 0.00x | 33.33x | CA$-442.91K |
| 2015 | -96.82% | 0.00% | 0.00x | 6.86x | CA$-711.11K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-4.90 Million |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-641.75K |
| 2018 | -948.66% | 0.00% | 0.00x | 27.73x | CA$-1.46 Million |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-1.42 Million |
| 2020 | 133.91% | 0.00% | 0.00x | 10.46x | CA$542.69K |
| 2021 | -49.04% | 0.00% | 0.00x | 2.86x | CA$-1.46 Million |
| 2022 | -66.76% | 0.00% | 0.00x | 5.75x | CA$-1.20 Million |
| 2023 | 611.88% | 0.00% | 0.00x | 1.48x | CA$17.29 Million |
| 2024 | -822.16% | 0.00% | 0.00x | 6.49x | CA$-2.31 Million |
| 2025 | -80.37% | 0.00% | 0.00x | 4.93x | CA$-327.34K |
Industry Comparison
This section compares Iconic Minerals Ltd's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $25,011,639
- Average return on equity (ROE) among peers: -23.30%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Iconic Minerals Ltd (ICM) | CA$68.67K | 0.00% | 23.28x | $14.09 Million |
| Abcourt Mines Inc. (ABI) | $27.66 Million | -3.28% | 0.35x | $86.06 Million |
| Athabasca Minerals Inc (ABM) | $13.38 Million | -3.65% | 0.02x | $3.68 Million |
| American Eagle Gold Corp (AE) | $830.83K | -165.75% | 0.05x | $148.82 Million |
| Aero Energy Limited (AERO) | $14.72 Million | -5.86% | 0.05x | $9.68 Million |
| AIS Resources Ltd (AIS) | $518.31K | -0.04% | 0.11x | $1.76 Million |
| Algo Grande Copper Corp. (ALGR) | $-251.88K | 0.00% | 0.00x | $9.71 Million |
| Alkane Resources Limited (ALK) | $191.56 Million | 29.08% | 0.23x | $985.87 Million |
| Alliance Mining Corp (ALM) | $-3.10 Million | 0.00% | 0.00x | $1.58 Million |
| Altamira Gold Corp (ALTA) | $822.20K | -78.33% | 0.24x | $38.60 Million |
| Argus Metals Corp. (AML) | $3.98 Million | -5.17% | 0.10x | $1.59 Million |
About Iconic Minerals Ltd
Iconic Minerals Ltd., a mineral exploration company, engages in the acquisition and exploration of gold and lithium properties in Nevada and Canada. The company holds a 50% interest in the Midas South located in Elko County, Nevada; and a 50% interest in the New Pass project located in Churchill County, Nevada. It also offers lithium properties, including a 100% interest in the Bonnie Claire prop… Read more