Minnova Corp Net Assets
Minnova Corp net assets. Based on the latest financial reports, Minnova Corp (MCI) has net assets worth CA$-4.71 Million CAD (≈ $-3.41 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$688.72K ≈ $498.21K USD) and total liabilities (CA$5.40 Million ≈ $3.91 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore Minnova Corp net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-4.71 Million |
| % of Total Assets | -684.59% |
| Annual Growth Rate | N/A |
| 5-Year Change | -117.35% |
| 10-Year Change | -123.39% |
| Growth Volatility | 1780.27 |
Net Assets of Minnova Corp (2008–2026)
Net assets of Minnova Corp from 2008 to 2026. This chart illustrates how Minnova Corp's net assets have evolved over time, based on quarterly financial data. See net asset quality index of Minnova Corp to measure how much of total assets are equity-financed.
Annual Net Assets for Minnova Corp (2008–2026)
The table below shows the annual net assets of Minnova Corp from 2008 to 2026. For live market cap and overall valuation, see MCI company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | CA$-3.04 Million ≈ $-2.20 Million |
+39.57% |
| 2025-03-31 | CA$-5.03 Million ≈ $-3.64 Million |
-14.84% |
| 2024-03-31 | CA$-4.38 Million ≈ $-3.17 Million |
-8.23% |
| 2023-03-31 | CA$-4.04 Million ≈ $-2.92 Million |
-123.09% |
| 2022-03-31 | CA$17.51 Million ≈ $12.67 Million |
+7.89% |
| 2021-03-31 | CA$16.23 Million ≈ $11.74 Million |
+14.56% |
| 2020-03-31 | CA$14.16 Million ≈ $10.25 Million |
-1.20% |
| 2019-03-31 | CA$14.34 Million ≈ $10.37 Million |
+3.73% |
| 2018-03-31 | CA$13.82 Million ≈ $10.00 Million |
+6.44% |
| 2017-03-31 | CA$12.98 Million ≈ $9.39 Million |
+67.85% |
| 2016-03-31 | CA$7.74 Million ≈ $5.60 Million |
+1.99% |
| 2015-03-31 | CA$7.58 Million ≈ $5.49 Million |
-3.41% |
| 2014-03-31 | CA$7.85 Million ≈ $5.68 Million |
+10.20% |
| 2013-03-31 | CA$7.12 Million ≈ $5.15 Million |
-33.46% |
| 2012-03-31 | CA$10.71 Million ≈ $7.75 Million |
+84.40% |
| 2011-03-31 | CA$5.81 Million ≈ $4.20 Million |
+6681.65% |
| 2010-03-31 | CA$85.63K ≈ $61.94K |
+538.84% |
| 2009-03-31 | CA$-19.51K ≈ $-14.11K |
+71.28% |
| 2008-03-31 | CA$-67.93K ≈ $-49.14K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Minnova Corp'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 3627619600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Minnova Corp Net Assets Breakdown (March 2026)
Minnova Corp net assets breakdown by equity component as of March 2026.
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$33.69 Million | % |
| Total Equity | CA$-3.04 Million | 100.00% |
Minnova Corp Competitors by Market Cap
The table below lists competitors of Minnova Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Les Hôtels de Paris SA
PA:HDP
|
$12.85 Million |
|
Elbit Imaging Ltd
TA:EMITF
|
$12.86 Million |
|
SBC Corp Bhd
KLSE:5207
|
$12.87 Million |
|
Emova Group SA
PA:ALEMV
|
$12.88 Million |
|
GENFLOW BIOSCIENCES PLC
F:WQ5
|
$12.84 Million |
|
AIM Commercial Growth Freehold And Leasehold Real Estate Investment Trust
BK:AIMCG
|
$12.84 Million |
|
Bytes Technology Ltd
LSE:BYIT
|
$12.82 Million |
|
Ostim Endustriyel Yatirimlar ve Isletme AS
IS:OSTIM
|
$12.82 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Minnova Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from -5,025,453 to -3,036,880, a change of 1,988,573.
- Net loss of 5,263,583 reduced equity.
- New share issuances of 5,395,654 increased equity.
- Other factors increased equity by 1,856,502.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-5.26 Million | -173.32% |
| Share Issuances | CA$5.40 Million | +177.67% |
| Other Changes | CA$1.86 Million | +61.13% |
| Total Change | CA$- | % |
Book Value vs Market Value Analysis
This analysis compares Minnova Corp'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 |
|---|---|---|---|
| 2008-03-31 | CA$-0.11 | CA$0.14 | x |
| 2009-03-31 | CA$-0.09 | CA$0.14 | x |
| 2010-03-31 | CA$0.21 | CA$0.14 | x |
| 2011-03-31 | CA$3.07 | CA$0.14 | x |
| 2012-03-31 | CA$2.68 | CA$0.14 | x |
| 2013-03-31 | CA$1.33 | CA$0.14 | x |
| 2014-03-31 | CA$1.03 | CA$0.14 | x |
| 2015-03-31 | CA$0.50 | CA$0.14 | x |
| 2016-03-31 | CA$0.47 | CA$0.14 | x |
| 2017-03-31 | CA$0.55 | CA$0.14 | x |
| 2018-03-31 | CA$0.47 | CA$0.14 | x |
| 2019-03-31 | CA$0.46 | CA$0.14 | x |
| 2020-03-31 | CA$0.44 | CA$0.14 | x |
| 2021-03-31 | CA$0.42 | CA$0.14 | x |
| 2022-03-31 | CA$0.38 | CA$0.14 | x |
| 2023-03-31 | CA$-0.07 | CA$0.14 | x |
| 2024-03-31 | CA$-0.06 | CA$0.14 | x |
| 2025-03-31 | CA$-0.07 | CA$0.14 | x |
| 2026-03-31 | CA$-0.02 | CA$0.14 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Minnova Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-19.42%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-4.76K |
| 2009 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-23.13K |
| 2010 | -206.79% | 0.00% | 0.00x | 6.81x | CA$-185.62K |
| 2011 | -15.58% | 0.00% | 0.00x | 1.34x | CA$-1.49 Million |
| 2012 | -15.99% | 0.00% | 0.00x | 1.47x | CA$-2.78 Million |
| 2013 | -67.65% | 0.00% | 0.00x | 1.91x | CA$-5.53 Million |
| 2014 | -12.09% | 0.00% | 0.00x | 1.80x | CA$-1.73 Million |
| 2015 | -11.75% | 0.00% | 0.00x | 1.97x | CA$-1.65 Million |
| 2016 | -9.14% | 0.00% | 0.00x | 1.96x | CA$-1.48 Million |
| 2017 | -12.42% | 0.00% | 0.00x | 1.38x | CA$-2.91 Million |
| 2018 | -6.73% | 0.00% | 0.00x | 1.36x | CA$-2.31 Million |
| 2019 | -3.06% | 0.00% | 0.00x | 1.34x | CA$-1.87 Million |
| 2020 | -2.92% | 0.00% | 0.00x | 1.37x | CA$-1.83 Million |
| 2021 | -7.19% | 0.00% | 0.00x | 1.29x | CA$-2.79 Million |
| 2022 | 2.29% | 0.00% | 0.00x | 1.21x | CA$-1.35 Million |
| 2023 | 0.00% | -127943.16% | 0.00x | 0.00x | CA$-1.36 Million |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | CA$62.61K |
| 2025 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-247.58K |
| 2026 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-4.96 Million |
Industry Comparison
This section compares Minnova Corp's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $390,070,505
- Average return on equity (ROE) among peers: -30.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Minnova Corp (MCI) | CA$-4.71 Million | 0.00% | N/A | $12.85 Million |
| Allied Gold Corporation (AAUC) | $381.03 Million | -54.71% | 1.51x | $2.38 Billion |
| Abcourt Mines Inc. (ABI) | $19.28 Million | -5.21% | 0.02x | $43.16 Million |
| Barrick Gold Corp (ABX) | $3.32 Billion | -3.70% | 0.30x | $61.48 Billion |
| American Eagle Gold Corp (AE) | $3.09 Million | -121.24% | 0.18x | $133.41 Million |
| Agnico Eagle Mines Limited (AEM) | $127.14 Million | 11.88% | 1.22x | $84.54 Billion |
| Alamos Gold Inc (AGI) | $338.91K | -86.17% | 0.19x | $11.64 Billion |
| AIS Resources Ltd (AIS) | $4.96 Million | -17.19% | 0.24x | $2.52 Million |
| Alliance Mining Corp (ALM) | $-1.26 Million | 0.00% | 0.00x | $2.21 Million |
| Altamira Gold Corp (ALTA) | $13.90 Million | -14.28% | 0.06x | $39.70 Million |
| Almaden Minerals Ltd (AMM) | $27.97 Million | -15.26% | 0.03x | $24.82 Million |
About Minnova Corp
Minnova Corp., together with its subsidiary, engages in the exploration and development of mineral properties in Canada. It explores for gold deposits. The company owns 100% interests in the PL Gold mine located in Manitoba, Canada; and 54% interest in the Nokomis property located in Manitoba, Canada. It is also involved in the research and development of biomass gasification technology. The comp… Read more