Themac Resources Group Limited (MAC) - Net Assets

Latest as of March 2025: CA$-97.28 Million CAD ≈ $-70.37 Million USD

Based on the latest financial reports, Themac Resources Group Limited (MAC) has net assets worth CA$-97.28 Million CAD (≈ $-70.37 Million USD) as of March 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$95.16 Million ≈ $68.84 Million USD) and total liabilities (CA$192.44 Million ≈ $139.21 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 Themac Resources Group Limited total liabilities for a breakdown of total debt and financial obligations.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CA$-97.28 Million
% of Total Assets	-102.23%
Annual Growth Rate	N/A
5-Year Change	N/A
10-Year Change	-1186.33%
Growth Volatility	490.85

Themac Resources Group Limited - Net Assets Trend (2014–2024)

This chart illustrates how Themac Resources Group Limited's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Themac Resources Group Limited for the complete picture of this company's asset base.

Annual Net Assets for Themac Resources Group Limited (2014–2024)

The table below shows the annual net assets of Themac Resources Group Limited from 2014 to 2024. For live valuation and market cap data, see MAC market cap.

Year	Net Assets	Change
2024-06-30	CA$-88.86 Million ≈ $-64.28 Million	-15.02%
2023-06-30	CA$-77.25 Million ≈ $-55.88 Million	-17.03%
2022-06-30	CA$-66.01 Million ≈ $-47.75 Million	-14.17%
2021-06-30	CA$-57.82 Million ≈ $-41.83 Million	-49.99%
2020-06-30	CA$-38.55 Million ≈ $-27.89 Million	-28.18%
2019-06-30	CA$-30.08 Million ≈ $-21.76 Million	-62.54%
2018-06-30	CA$-18.50 Million ≈ $-13.39 Million	-109.12%
2017-06-30	CA$-8.85 Million ≈ $-6.40 Million	-1078.35%
2016-06-30	CA$904.40K ≈ $654.23K	-88.94%
2015-06-30	CA$8.18 Million ≈ $5.92 Million	+7.97%
2014-06-30	CA$7.58 Million ≈ $5.48 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Themac Resources Group Limited'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 11116404700.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (June 2024)

Component	Amount	Percentage
Other Components	CA$49.59 Million	%
Total Equity	CA$-88.86 Million	100.00%

Themac Resources Group Limited Competitors by Market Cap

The table below lists competitors of Themac Resources Group Limited ranked by their market capitalization.

Company	Market Cap
Manchester and London Investment Trust plc LSE:MNL	$4.31 Million
Hydrocarbon Dynamics Ltd AU:HCD	$4.31 Million
Colipays Reunion SA PA:MLCLP	$4.32 Million
K9 Gold Corp V:KNC	$4.32 Million
AbleGroup Bhd KLSE:7086	$4.31 Million
NOROO Paint & Coatings Co Ltd KO:090355	$4.31 Million
Elixirr International Plc LSE:ELIX	$4.31 Million
Sequa Petroleum NV PA:MLSEQ	$4.30 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Themac Resources Group Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from -77,254,865 to -88,858,422, a change of -11,603,557.
Net loss of 13,431,288 reduced equity.
Other factors increased equity by 1,827,731.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CA$-13.43 Million	-15.12%
Other Changes	CA$1.83 Million	+2.06%
Total Change	CA$-	%

Book Value vs Market Value Analysis

This analysis compares Themac Resources Group Limited'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
2017-06-30	CA$-0.11	CA$0.08	x
2018-06-30	CA$-0.23	CA$0.08	x
2019-06-30	CA$-0.38	CA$0.08	x
2020-06-30	CA$-0.49	CA$0.08	x
2021-06-30	CA$-0.73	CA$0.08	x
2022-06-30	CA$-0.83	CA$0.08	x
2023-06-30	CA$-0.97	CA$0.08	x
2024-06-30	CA$-1.12	CA$0.08	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Themac Resources Group Limited 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 (-113.83%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2014	-107.92%	0.00%	0.00x	7.34x	CA$-8.93 Million
2015	-105.18%	0.00%	0.00x	8.24x	CA$-9.42 Million
2016	-1039.07%	0.00%	0.00x	79.98x	CA$-9.49 Million
2017	0.00%	0.00%	0.00x	0.00x	CA$-9.25 Million
2018	0.00%	0.00%	0.00x	0.00x	CA$-8.75 Million
2019	0.00%	0.00%	0.00x	0.00x	CA$-8.14 Million
2020	0.00%	0.00%	0.00x	0.00x	CA$-7.46 Million
2021	0.00%	0.00%	0.00x	0.00x	CA$-5.77 Million
2022	0.00%	0.00%	0.00x	0.00x	CA$-5.48 Million
2023	0.00%	0.00%	0.00x	0.00x	CA$-5.17 Million
2024	0.00%	0.00%	0.00x	0.00x	CA$-4.55 Million

Industry Comparison

This section compares Themac Resources Group Limited'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
Themac Resources Group Limited (MAC)	CA$-97.28 Million	-107.92%	N/A	$4.31 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 Themac Resources Group Limited

V:MAC Canada Other Industrial Metals & Mining

Market Cap

$4.31 Million

CA$5.96 Million CAD

Market Cap Rank

#28639 Global

#1326 in Canada

Share Price

CA$0.08

Change (1 day)

+0.00%

52-Week Range

CA$0.05 - CA$0.09

All Time High

CA$0.18