Jervois Mining Ltd (JRV) - Net Assets
Based on the latest financial reports, Jervois Mining Ltd (JRV) has net assets worth CA$169.97 Million CAD as of December 2023. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$422.03 Million) and total liabilities (CA$252.06 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$169.97 Million |
| % of Total Assets | 40.27% |
| Annual Growth Rate | 13.13% |
| 5-Year Change | 653.96% |
| 10-Year Change | 2983.94% |
| Growth Volatility | 81.67 |
Jervois Mining Ltd - Net Assets Trend (1988–2023)
This chart illustrates how Jervois Mining 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 Jervois Mining Ltd (1988–2023)
The table below shows the annual net assets of Jervois Mining Ltd from 1988 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | CA$169.97 Million | -57.06% |
| 2022-12-31 | CA$395.85 Million | +33.80% |
| 2021-12-31 | CA$295.85 Million | +167.14% |
| 2019-12-31 | CA$110.75 Million | +391.26% |
| 2018-12-31 | CA$22.54 Million | +29.84% |
| 2017-12-31 | CA$17.36 Million | +89.47% |
| 2016-12-31 | CA$9.16 Million | +94.88% |
| 2015-12-31 | CA$4.70 Million | +11.88% |
| 2014-12-31 | CA$4.20 Million | -23.74% |
| 2013-12-31 | CA$5.51 Million | -18.06% |
| 2012-12-31 | CA$6.73 Million | -22.82% |
| 2011-12-31 | CA$8.72 Million | -18.39% |
| 2010-12-31 | CA$10.68 Million | +51.74% |
| 2009-12-31 | CA$7.04 Million | -14.15% |
| 2008-12-31 | CA$8.20 Million | -16.78% |
| 2007-12-31 | CA$9.85 Million | +14.98% |
| 2006-12-31 | CA$8.57 Million | +189.45% |
| 2005-12-31 | CA$2.96 Million | -35.78% |
| 2004-12-31 | CA$4.61 Million | +37.19% |
| 2003-12-31 | CA$3.36 Million | +19.53% |
| 2002-12-31 | CA$2.81 Million | -12.84% |
| 2001-12-31 | CA$3.22 Million | +22.46% |
| 2000-12-31 | CA$2.63 Million | -6.22% |
| 1999-12-31 | CA$2.81 Million | -8.18% |
| 1998-12-31 | CA$3.06 Million | +27.21% |
| 1997-12-31 | CA$2.40 Million | -3.41% |
| 1996-12-31 | CA$2.49 Million | +53.58% |
| 1995-12-31 | CA$1.62 Million | +26.43% |
| 1994-12-31 | CA$1.28 Million | -4.19% |
| 1993-12-31 | CA$1.34 Million | +31.08% |
| 1992-12-31 | CA$1.02 Million | -23.41% |
| 1991-12-31 | CA$1.33 Million | -20.33% |
| 1990-12-31 | CA$1.67 Million | -15.89% |
| 1989-12-31 | CA$1.99 Million | -12.12% |
| 1988-12-31 | CA$2.26 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Jervois Mining 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 39115185089.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$570.77 Million | 335.81% |
| Total Equity | CA$169.97 Million | 100.00% |
Jervois Mining Ltd Competitors by Market Cap
The table below lists competitors of Jervois Mining Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
READING INTL A DL-01
F:46B
|
$19.55 Million |
|
Artego Tg. Jiu
RO:ARTE
|
$19.56 Million |
|
ISA Holdings Ltd
JSE:ISA
|
$19.57 Million |
|
MPX Logistics International
JK:MPXL
|
$19.57 Million |
|
Condor Resources Inc
V:CN
|
$19.55 Million |
|
Kamdhenu Ventures Limited
NSE:KAMOPAINTS
|
$19.55 Million |
|
SCAND.INV.GR.NAM.B DK 05
F:2D2
|
$19.55 Million |
|
Green Packet Bhd
KLSE:0082
|
$19.53 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jervois Mining Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 395,852,000 to 169,969,000, a change of -225,883,000 (-57.1%).
- Net loss of 252,486,000 reduced equity.
- Share repurchases of 1,813,000 reduced equity.
- New share issuances of 24,985,000 increased equity.
- Other comprehensive income decreased equity by 13,583,000.
- Other factors increased equity by 17,014,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-252.49 Million | -148.55% |
| Share Repurchases | CA$1.81 Million | -1.07% |
| Share Issuances | CA$24.98 Million | +14.7% |
| Other Comprehensive Income | CA$-13.58 Million | -7.99% |
| Other Changes | CA$17.01 Million | +10.01% |
| Total Change | CA$- | -57.06% |
Book Value vs Market Value Analysis
This analysis compares Jervois Mining 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: 0.16x
- 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 0.01x to 0.16x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1988-12-31 | CA$0.88 | CA$0.01 | x |
| 1989-12-31 | CA$0.78 | CA$0.01 | x |
| 1990-12-31 | CA$0.65 | CA$0.01 | x |
| 1991-12-31 | CA$0.50 | CA$0.01 | x |
| 1992-12-31 | CA$0.35 | CA$0.01 | x |
| 1993-12-31 | CA$0.45 | CA$0.01 | x |
| 1994-12-31 | CA$0.42 | CA$0.01 | x |
| 1995-12-31 | CA$0.48 | CA$0.01 | x |
| 1996-12-31 | CA$0.54 | CA$0.01 | x |
| 1997-12-31 | CA$0.01 | CA$0.01 | x |
| 1998-12-31 | CA$0.56 | CA$0.01 | x |
| 1999-12-31 | CA$0.31 | CA$0.01 | x |
| 2000-12-31 | CA$0.34 | CA$0.01 | x |
| 2001-12-31 | CA$0.33 | CA$0.01 | x |
| 2002-12-31 | CA$0.21 | CA$0.01 | x |
| 2003-12-31 | CA$0.28 | CA$0.01 | x |
| 2004-12-31 | CA$0.27 | CA$0.01 | x |
| 2005-12-31 | CA$0.13 | CA$0.01 | x |
| 2006-12-31 | CA$0.31 | CA$0.01 | x |
| 2007-12-31 | CA$0.22 | CA$0.01 | x |
| 2008-12-31 | CA$0.16 | CA$0.01 | x |
| 2009-12-31 | CA$0.11 | CA$0.01 | x |
| 2010-12-31 | CA$0.16 | CA$0.01 | x |
| 2011-12-31 | CA$0.12 | CA$0.01 | x |
| 2012-12-31 | CA$0.12 | CA$0.01 | x |
| 2013-12-31 | CA$0.09 | CA$0.01 | x |
| 2014-12-31 | CA$0.05 | CA$0.01 | x |
| 2015-12-31 | CA$0.05 | CA$0.01 | x |
| 2016-12-31 | CA$0.07 | CA$0.01 | x |
| 2017-12-31 | CA$0.08 | CA$0.01 | x |
| 2018-12-31 | CA$0.09 | CA$0.01 | x |
| 2019-12-31 | CA$0.11 | CA$0.01 | x |
| 2021-12-31 | CA$0.27 | CA$0.01 | x |
| 2022-12-31 | CA$0.37 | CA$0.01 | x |
| 2023-12-31 | CA$0.06 | CA$0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jervois Mining Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -148.55%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -129.33%
- • Asset Turnover: 0.46x
- • Equity Multiplier: 2.48x
- Recent ROE (-148.55%) is below the historical average (-24.19%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1988 | -45.45% | 0.00% | 0.00x | 1.01x | CA$-1.25 Million |
| 1989 | -19.55% | 0.00% | 0.00x | 1.01x | CA$-587.52K |
| 1990 | -14.95% | 0.00% | 0.00x | 1.03x | CA$-417.27K |
| 1991 | -27.30% | 0.00% | 0.00x | 1.06x | CA$-497.05K |
| 1992 | -31.15% | 0.00% | 0.00x | 1.04x | CA$-420.04K |
| 1993 | -17.97% | 0.00% | 0.00x | 1.04x | CA$-374.19K |
| 1994 | -16.95% | 0.00% | 0.00x | 1.02x | CA$-345.51K |
| 1995 | -16.23% | 0.00% | 0.00x | 1.07x | CA$-425.09K |
| 1996 | -14.10% | -1413.84% | 0.01x | 1.02x | CA$-599.84K |
| 1997 | -14.01% | 0.00% | 0.00x | 1.02x | CA$-577.18K |
| 1998 | -10.72% | 0.00% | 0.00x | 1.01x | CA$-633.71K |
| 1999 | -9.15% | 0.00% | 0.00x | 1.03x | CA$-537.82K |
| 2000 | -7.73% | -814.70% | 0.01x | 1.04x | CA$-467.00K |
| 2001 | -16.79% | 0.00% | 0.00x | 1.02x | CA$-864.06K |
| 2002 | -59.72% | 0.00% | 0.00x | 1.12x | CA$-1.96 Million |
| 2003 | -36.60% | -195.11% | 0.17x | 1.08x | CA$-1.57 Million |
| 2004 | -50.55% | -221.82% | 0.21x | 1.07x | CA$-2.79 Million |
| 2005 | -81.83% | -495.87% | 0.14x | 1.20x | CA$-2.72 Million |
| 2006 | -24.28% | -163.91% | 0.13x | 1.11x | CA$-2.94 Million |
| 2007 | -25.23% | -115.21% | 0.18x | 1.23x | CA$-3.47 Million |
| 2008 | -29.89% | -125.02% | 0.20x | 1.22x | CA$-3.27 Million |
| 2009 | -32.09% | -178.32% | 0.14x | 1.24x | CA$-2.96 Million |
| 2010 | 4.99% | 5780.85% | 0.00x | 1.04x | CA$-534.99K |
| 2011 | -19.74% | -105093.86% | 0.00x | 1.05x | CA$-2.59 Million |
| 2012 | -10.78% | -4941.17% | 0.00x | 1.21x | CA$-1.40 Million |
| 2013 | 0.28% | 272.27% | 0.00x | 1.31x | CA$-535.50K |
| 2014 | -21.53% | -2594.53% | 0.01x | 1.03x | CA$-1.33 Million |
| 2015 | -14.95% | 0.00% | 0.00x | 1.02x | CA$-1.17 Million |
| 2016 | 43.04% | 0.00% | 0.00x | 1.02x | CA$3.03 Million |
| 2017 | -29.41% | -2882.26% | 0.01x | 1.03x | CA$-6.84 Million |
| 2018 | -18.64% | -151.57% | 0.11x | 1.08x | CA$-6.46 Million |
| 2019 | -8.03% | -286.94% | 0.02x | 1.61x | CA$-13.72 Million |
| 2021 | -7.11% | -17.94% | 0.20x | 1.95x | CA$-50.61 Million |
| 2022 | -13.95% | -15.60% | 0.47x | 1.92x | CA$-94.79 Million |
| 2023 | -148.55% | -129.33% | 0.46x | 2.48x | CA$-269.48 Million |
Industry Comparison
This section compares Jervois Mining Ltd'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: $38,091,021
- Average return on equity (ROE) among peers: -44.98%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jervois Mining Ltd (JRV) | CA$169.97 Million | -45.45% | 1.48x | $19.55 Million |
| Aftermath Silver Ltd (AAG) | $5.83 Million | -52.14% | 0.17x | $215.07 Million |
| Aton Resources Inc (AAN) | $-970.51K | 0.00% | 0.00x | $52.55 Million |
| Asbestos Corporation Limited (AB-H) | $-24.43 Million | 0.00% | 0.00x | $1.85 Million |
| Arbor Metals Corp (ABR) | $700.32K | -22.12% | 0.03x | $10.15 Million |
| Asiabasemetals Inc (ABZ) | $557.59K | -47.89% | 0.13x | $5.75 Million |
| Adex Mining Inc (ADE) | $-5.15 Million | 0.00% | 0.00x | $27.09 Million |
| AE Fuels Corporation (AEF) | $94.17K | -158.20% | 2.20x | $4.95 Million |
| Alphamin Res (AFM) | $365.51 Million | 12.92% | 0.41x | $1.27 Billion |
| African Metals Corporation (AFR) | $401.19K | -134.87% | 0.17x | $1.00 Million |
| Silver X Mining Corp (AGX) | $38.37 Million | -47.47% | 0.73x | $148.73 Million |
About Jervois Mining Ltd
Jervois Global Limited engages in the exploration, development, and production of mineral properties. It explores for cobalt, nickel, copper, and gold deposits. The company holds 100% interest in the Idaho Cobalt Operations project located in the state of Idaho, the United States; the São Miguel Paulista nickel cobalt refinery in São Paulo, Brazil; and the Nico Young nickel-cobalt deposits in New… Read more