Lucky Minerals Inc (LKY) - Net Assets

Latest as of June 2024: CA$-3.42 Million CAD ≈ $-2.48 Million USD

Based on the latest financial reports, Lucky Minerals Inc (LKY) has net assets worth CA$-3.42 Million CAD (≈ $-2.48 Million USD) as of June 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$43.36K ≈ $31.36K USD) and total liabilities (CA$3.47 Million ≈ $2.51 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 Lucky Minerals Inc for a breakdown of total debt and financial obligations.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CA$-3.42 Million
% of Total Assets	-7895.85%
Annual Growth Rate	N/A
5-Year Change	-241.7%
10-Year Change	-384.33%
Growth Volatility	139.54

Lucky Minerals Inc - Net Assets Trend (2008–2023)

This chart illustrates how Lucky Minerals Inc's net assets have evolved over time, based on quarterly financial data. Also explore Lucky Minerals Inc total assets for the complete picture of this company's asset base.

Annual Net Assets for Lucky Minerals Inc (2008–2023)

The table below shows the annual net assets of Lucky Minerals Inc from 2008 to 2023. For live valuation and market cap data, see Lucky Minerals Inc market capitalisation.

Year	Net Assets	Change
2023-09-30	CA$-2.75 Million ≈ $-1.99 Million	-142.82%
2022-09-30	CA$6.43 Million ≈ $4.65 Million	+1.07%
2021-09-30	CA$6.36 Million ≈ $4.60 Million	+71.64%
2020-09-30	CA$3.70 Million ≈ $2.68 Million	+90.74%
2019-09-30	CA$1.94 Million ≈ $1.41 Million	+385.93%
2018-09-30	CA$399.74K ≈ $289.16K	-37.23%
2017-09-30	CA$636.80K ≈ $460.65K	+10.24%
2016-09-30	CA$577.66K ≈ $417.87K	-24.94%
2015-09-30	CA$769.64K ≈ $556.74K	-20.49%
2014-09-30	CA$968.01K ≈ $700.25K	+134.23%
2013-09-30	CA$413.27K ≈ $298.95K	+313.06%
2012-09-30	CA$100.05K ≈ $72.38K	-35.95%
2011-09-30	CA$156.20K ≈ $112.99K	-66.63%
2010-09-30	CA$468.06K ≈ $338.59K	+18.33%
2009-09-30	CA$395.56K ≈ $286.14K	+3473.38%
2008-09-30	CA$-11.73K ≈ $-8.48K	--

Equity Component Analysis

This analysis shows how different components contribute to Lucky 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 decreased by 3131512700.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (September 2023)

Component	Amount	Percentage
Common Stock	CA$23.97 Million	%
Other Comprehensive Income	CA$4.61 Million	%
Total Equity	CA$-2.75 Million	100.00%

Lucky Minerals Inc Competitors by Market Cap

The table below lists competitors of Lucky Minerals Inc ranked by their market capitalization.

Company	Market Cap
International Iconic Gold Exploration Corp V:ICON	$732.97K
XXL Energy Corp V:XL	$734.53K
Crystal Amber Fund Limited LSE:CRS	$736.07K
New Energy Metals Corp V:ENRG	$736.98K
EGR EXPL LTD F:Z0R	$731.26K
Manz AG F:M5Z	$728.66K
Sadot Group Inc. NASDAQ:SDOT	$728.07K
Societe Parisienne d’apports En Capital SPAC SA PA:MHM	$725.69K

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Lucky Minerals Inc's equity between the two most recent reporting periods.

Equity Growth Insights

From 2022 to 2023, total equity changed from 6,427,773 to -2,752,383, a change of -9,180,156 (-142.8%).
Net loss of 10,036,826 reduced equity.
New share issuances of 641,000 increased equity.
Other comprehensive income increased equity by 42,300.
Other factors increased equity by 173,370.

Equity Change Factors (2022 to 2023)

Factor	Impact	Contribution
Net Income	CA$-10.04 Million	-364.66%
Share Issuances	CA$641.00K	+23.29%
Other Comprehensive Income	CA$42.30K	+1.54%
Other Changes	CA$173.37K	+6.3%
Total Change	CA$-	-142.82%

Book Value vs Market Value Analysis

This analysis compares Lucky 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

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2008-09-30	CA$-0.44	CA$0.01	x
2009-09-30	CA$0.38	CA$0.01	x
2010-09-30	CA$0.10	CA$0.01	x
2011-09-30	CA$0.03	CA$0.01	x
2012-09-30	CA$0.02	CA$0.01	x
2013-09-30	CA$0.07	CA$0.01	x
2014-09-30	CA$0.16	CA$0.01	x
2015-09-30	CA$0.10	CA$0.01	x
2016-09-30	CA$0.08	CA$0.01	x
2017-09-30	CA$0.08	CA$0.01	x
2018-09-30	CA$0.04	CA$0.01	x
2019-09-30	CA$0.13	CA$0.01	x
2020-09-30	CA$0.12	CA$0.01	x
2021-09-30	CA$0.08	CA$0.01	x
2022-09-30	CA$0.04	CA$0.01	x
2023-09-30	CA$-0.01	CA$0.01	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Lucky 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): 0.00%
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: 0.00x
Recent ROE (0.00%) is above the historical average (-117.23%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2008	0.00%	0.00%	0.00x	0.00x	CA$-20.36K
2009	-4.76%	0.00%	0.00x	1.09x	CA$-58.37K
2010	-14.23%	0.00%	0.00x	1.10x	CA$-113.41K
2011	-199.66%	0.00%	0.00x	1.40x	CA$-327.48K
2012	-56.12%	0.00%	0.00x	1.43x	CA$-66.16K
2013	-92.40%	0.00%	0.00x	1.14x	CA$-423.17K
2014	-79.71%	0.00%	0.00x	1.03x	CA$-868.36K
2015	-25.78%	0.00%	0.00x	1.03x	CA$-275.34K
2016	-33.23%	0.00%	0.00x	1.02x	CA$-249.74K
2017	-201.84%	0.00%	0.00x	1.20x	CA$-1.35 Million
2018	-764.81%	0.00%	0.00x	5.97x	CA$-3.10 Million
2019	-195.97%	0.00%	0.00x	2.96x	CA$-4.00 Million
2020	-81.65%	0.00%	0.00x	1.44x	CA$-3.40 Million
2021	-62.65%	0.00%	0.00x	1.29x	CA$-4.62 Million
2022	-62.85%	0.00%	0.00x	1.23x	CA$-4.68 Million
2023	0.00%	0.00%	0.00x	0.00x	CA$-9.76 Million

Industry Comparison

This section compares Lucky Minerals 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
Lucky Minerals Inc (LKY)	CA$-3.42 Million	0.00%	N/A	$731.54K
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 Lucky Minerals Inc

V:LKY Canada Other Industrial Metals & Mining

Market Cap

$731.54K

CA$1.01 Million CAD

Market Cap Rank

#30381 Global

#1625 in Canada

Share Price

CA$0.01

Change (1 day)

+0.00%

52-Week Range

CA$0.01 - CA$0.05

All Time High

CA$39747.78