Jaxon Mining Inc (JAX) - Net Assets
Based on the latest financial reports, Jaxon Mining Inc (JAX) has net assets worth CA$6.24 Million CAD (≈ $4.51 Million USD) as of October 2023. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$7.32 Million ≈ $5.30 Million USD) and total liabilities (CA$1.09 Million ≈ $785.66K 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. Check Jaxon Mining Inc liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$6.24 Million |
| % of Total Assets | 85.17% |
| Annual Growth Rate | 46.18% |
| 5-Year Change | 58.89% |
| 10-Year Change | N/A |
| Growth Volatility | 1963.27 |
Jaxon Mining Inc - Net Assets Trend (2014–2023)
This chart illustrates how Jaxon Mining Inc's net assets have evolved over time, based on quarterly financial data. Also explore Jaxon Mining Inc assets under control for the complete picture of this company's asset base.
Annual Net Assets for Jaxon Mining Inc (2014–2023)
The table below shows the annual net assets of Jaxon Mining Inc from 2014 to 2023. For live valuation and market cap data, see Jaxon Mining Inc (JAX) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2023-01-31 | CA$6.62 Million ≈ $4.79 Million |
-5.74% |
| 2022-01-31 | CA$7.02 Million ≈ $5.08 Million |
+34.81% |
| 2021-01-31 | CA$5.21 Million ≈ $3.77 Million |
-3.67% |
| 2020-01-31 | CA$5.40 Million ≈ $3.91 Million |
+29.80% |
| 2019-01-31 | CA$4.16 Million ≈ $3.01 Million |
-18.12% |
| 2018-01-31 | CA$5.09 Million ≈ $3.68 Million |
+5594.62% |
| 2017-01-31 | CA$89.30K ≈ $64.60K |
+138.66% |
| 2016-01-31 | CA$-231.00K ≈ $-167.10K |
-377.82% |
| 2015-01-31 | CA$-48.34K ≈ $-34.97K |
-122.27% |
| 2014-01-31 | CA$217.13K ≈ $157.07K |
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Equity Component Analysis
This analysis shows how different components contribute to Jaxon 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 802284400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (January 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CA$18.83 Million | 284.58% |
| Other Components | CA$2.42 Million | 36.61% |
| Total Equity | CA$6.62 Million | 100.00% |
Jaxon Mining Inc Competitors by Market Cap
The table below lists competitors of Jaxon Mining Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Eleco PLC
LSE:ELCO
|
$1.22 Million |
|
Rights and Issues Investment Trust Public Limited Company
LSE:RIII
|
$1.22 Million |
|
Lyra Therapeutics Inc
NASDAQ:LYRA
|
$1.22 Million |
|
Mpower Group Ltd
AU:MPR
|
$1.22 Million |
|
EDESAL Holding SA
BA:EDLH
|
$1.22 Million |
|
ARCTIC BLUE BEVERAGES AB
F:U5L
|
$1.21 Million |
|
Invinity Energy Systems PLC
LSE:IES
|
$1.21 Million |
|
Liberty Tripadvisor Holdings Inc
NASDAQ:LTRPB
|
$1.21 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jaxon Mining Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 7,018,508 to 6,615,832, a change of -402,676 (-5.7%).
- Net loss of 644,842 reduced equity.
- New share issuances of 170,237 increased equity.
- Other factors increased equity by 71,929.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-644.84K | -9.75% |
| Share Issuances | CA$170.24K | +2.57% |
| Other Changes | CA$71.93K | +1.09% |
| Total Change | CA$- | -5.74% |
Book Value vs Market Value Analysis
This analysis compares Jaxon 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: 0.25x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.15x to 0.25x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-01-31 | CA$0.07 | CA$0.01 | x |
| 2019-01-31 | CA$0.05 | CA$0.01 | x |
| 2020-01-31 | CA$0.04 | CA$0.01 | x |
| 2021-01-31 | CA$0.04 | CA$0.01 | x |
| 2022-01-31 | CA$0.04 | CA$0.01 | x |
| 2023-01-31 | CA$0.04 | CA$0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jaxon Mining Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -9.75%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.22x
- Recent ROE (-9.75%) is above the historical average (-110.31%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -343.03% | 0.00% | 0.00x | 1.34x | CA$-766.52K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-563.24K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-164.56K |
| 2017 | -625.66% | 0.00% | 0.00x | 2.31x | CA$-567.65K |
| 2018 | -21.87% | 0.00% | 0.00x | 1.11x | CA$-1.62 Million |
| 2019 | -65.86% | 0.00% | 0.00x | 1.14x | CA$-3.16 Million |
| 2020 | -18.77% | 0.00% | 0.00x | 1.10x | CA$-1.55 Million |
| 2021 | -4.43% | 0.00% | 0.00x | 1.07x | CA$-751.18K |
| 2022 | -13.74% | 0.00% | 0.00x | 1.13x | CA$-1.67 Million |
| 2023 | -9.75% | 0.00% | 0.00x | 1.22x | CA$-1.31 Million |
Industry Comparison
This section compares Jaxon Mining 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 |
|---|---|---|---|---|
| Jaxon Mining Inc (JAX) | CA$6.24 Million | -343.03% | 0.17x | $1.22 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 Jaxon Mining Inc
Jaxon Mining Inc. operates as a mineral exploration and development company in Canada. The company explores for silver, gold, zinc, copper, and lead deposits. Its flagship projects are the Netalzul Mountain project that comprises of 23 claims covering an area of 130.02 square kilometers located in north of Smithers, British Columbia; and the Red Springs Project, which consists of 19 mineral claim… Read more