Inter Rock Minerals Inc (IRO) - Net Assets
Based on the latest financial reports, Inter Rock Minerals Inc (IRO) has net assets worth CA$14.79 Million CAD (≈ $10.70 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$30.43 Million ≈ $22.01 Million USD) and total liabilities (CA$15.63 Million ≈ $11.31 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. Read total liabilities of Inter Rock Minerals Inc for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$14.79 Million |
| % of Total Assets | 48.62% |
| Annual Growth Rate | 26.75% |
| 5-Year Change | 71.29% |
| 10-Year Change | 2540.89% |
| Growth Volatility | 58.59 |
Inter Rock Minerals Inc - Net Assets Trend (2013–2024)
This chart illustrates how Inter Rock Minerals Inc's net assets have evolved over time, based on quarterly financial data. Also explore IRO total asset value for the complete picture of this company's asset base.
Annual Net Assets for Inter Rock Minerals Inc (2013–2024)
The table below shows the annual net assets of Inter Rock Minerals Inc from 2013 to 2024. For live valuation and market cap data, see Inter Rock Minerals Inc market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$12.46 Million ≈ $9.02 Million |
+16.02% |
| 2023-12-31 | CA$10.74 Million ≈ $7.77 Million |
+17.50% |
| 2022-12-31 | CA$9.14 Million ≈ $6.61 Million |
+6.64% |
| 2021-12-31 | CA$8.57 Million ≈ $6.20 Million |
+17.84% |
| 2020-12-31 | CA$7.28 Million ≈ $5.26 Million |
+30.67% |
| 2019-12-31 | CA$5.57 Million ≈ $4.03 Million |
+38.46% |
| 2018-12-31 | CA$4.02 Million ≈ $2.91 Million |
+33.05% |
| 2017-12-31 | CA$3.02 Million ≈ $2.19 Million |
+147.38% |
| 2016-12-31 | CA$1.22 Million ≈ $883.98K |
+158.90% |
| 2015-12-31 | CA$472.00K ≈ $341.44K |
-35.78% |
| 2014-12-31 | CA$735.00K ≈ $531.69K |
-20.02% |
| 2013-12-31 | CA$919.00K ≈ $664.79K |
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Equity Component Analysis
This analysis shows how different components contribute to Inter Rock Minerals 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 grown by 1159800000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CA$6.56 Million | 52.63% |
| Other Components | CA$5.91 Million | 47.37% |
| Total Equity | CA$12.46 Million | 100.00% |
Inter Rock Minerals Inc Competitors by Market Cap
The table below lists competitors of Inter Rock Minerals Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Union Plastic Public Company Limited
BK:UP
|
$17.45 Million |
|
Hands Corporation Ltd
KO:143210
|
$17.46 Million |
|
Esotiq & Henderson S.A.
WAR:EAH
|
$17.48 Million |
|
Bright Scholar Education Holdings Ltd Class A
NYSE:BEDU
|
$17.48 Million |
|
Emmbi Industries Limited
NSE:EMMBI
|
$17.45 Million |
|
Elicera Therapeutics AB
ST:ELIC
|
$17.45 Million |
|
Heng Huat Resources Group Bhd
KLSE:0175
|
$17.44 Million |
|
De.Mem Ltd
AU:DEM
|
$17.43 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Inter Rock Minerals Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 10,744,000 to 12,465,000, a change of 1,721,000 (16.0%).
- Net income of 1,752,000 contributed positively to equity growth.
- Share repurchases of 31,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$1.75 Million | +14.06% |
| Share Repurchases | CA$31.00K | -0.25% |
| Total Change | CA$- | 16.02% |
Book Value vs Market Value Analysis
This analysis compares Inter Rock Minerals 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: 1.95x
- 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 48.02x to 1.95x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | CA$0.02 | CA$1.11 | x |
| 2014-12-31 | CA$0.02 | CA$1.11 | x |
| 2015-12-31 | CA$0.01 | CA$1.11 | x |
| 2016-12-31 | CA$0.03 | CA$1.11 | x |
| 2017-12-31 | CA$0.08 | CA$1.11 | x |
| 2018-12-31 | CA$0.10 | CA$1.11 | x |
| 2019-12-31 | CA$0.14 | CA$1.11 | x |
| 2020-12-31 | CA$0.18 | CA$1.11 | x |
| 2021-12-31 | CA$0.22 | CA$1.11 | x |
| 2022-12-31 | CA$0.23 | CA$1.11 | x |
| 2023-12-31 | CA$0.27 | CA$1.11 | x |
| 2024-12-31 | CA$0.57 | CA$1.11 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Inter Rock Minerals Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 14.06%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.77%
- • Asset Turnover: 3.52x
- • Equity Multiplier: 2.26x
- Recent ROE (14.06%) is above the historical average (8.91%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -33.62% | -2.89% | 1.44x | 8.05x | CA$-400.90K |
| 2014 | -55.24% | -3.85% | 1.44x | 9.97x | CA$-479.50K |
| 2015 | -55.72% | -2.24% | 1.62x | 15.34x | CA$-310.20K |
| 2016 | 61.37% | 2.49% | 1.76x | 13.97x | CA$627.80K |
| 2017 | 59.58% | 3.47% | 3.03x | 5.67x | CA$1.50 Million |
| 2018 | 24.84% | 2.11% | 2.91x | 4.04x | CA$596.80K |
| 2019 | 29.32% | 3.66% | 2.37x | 3.38x | CA$1.08 Million |
| 2020 | 24.43% | 3.20% | 2.59x | 2.95x | CA$1.05 Million |
| 2021 | 15.17% | 2.03% | 2.85x | 2.63x | CA$443.50K |
| 2022 | 6.22% | 0.65% | 4.07x | 2.34x | CA$-345.40K |
| 2023 | 16.47% | 1.96% | 3.29x | 2.56x | CA$695.60K |
| 2024 | 14.06% | 1.77% | 3.52x | 2.26x | CA$505.50K |
Industry Comparison
This section compares Inter Rock Minerals Inc's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $230,003,768
- Average return on equity (ROE) among peers: -125.47%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Inter Rock Minerals Inc (IRO) | CA$14.79 Million | -33.62% | 1.06x | $17.45 Million |
| Astron Connect Inc (AST) | $3.15 Million | -85.83% | 0.13x | $656.93K |
| Else Nutrition Holdings Inc (BABY) | $-43.05K | 0.00% | 0.00x | $811.89K |
| BioNeutra Global Corp (BGA) | $-1.03 Million | 0.00% | 0.00x | $1.01 Million |
| Burcon NutraScience Corporation (BU) | $5.15 Million | -144.49% | 1.51x | $21.03 Million |
| Canyon Creek Food Company Ltd (CYF) | $-16.44 Million | 0.00% | 0.00x | $508.52K |
| High Liner Foods Incorporated (HLF) | $3.99 Million | -801.89% | 24.85x | $290.99 Million |
| Jamieson Wellness Inc (JWEL) | $481.19 Million | 9.95% | 1.38x | $1.04 Billion |
| Lifeist Wellness Inc (LFST) | $55.78 Million | -113.25% | 0.21x | $1.10 Million |
| Maple Leaf Foods Inc. (MFI) | $1.54 Billion | 6.28% | 1.88x | $2.58 Billion |
About Inter Rock Minerals Inc
Inter-Rock Minerals Inc., through its subsidiaries, produces and distributes specialty feed ingredients in the United States and Canada. The company offers bypass protein supplements, rumen enhancement products, and mineral supplements to feed manufacturers and dairy nutritionists. It also markets and distributes toll manufactured premium dairy feed nutritional supplements; and quarries, processe… Read more