Metals Creek Resources Corp (MEK) - Net Assets
Based on the latest financial reports, Metals Creek Resources Corp (MEK) has net assets worth CA$710.72K CAD (≈ $514.12K USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$1.00 Million ≈ $725.71K USD) and total liabilities (CA$292.49K ≈ $211.58K 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 Metals Creek Resources Corp tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$710.72K |
| % of Total Assets | 70.84% |
| Annual Growth Rate | -0.92% |
| 5-Year Change | -95.05% |
| 10-Year Change | -90.05% |
| Growth Volatility | 58.97 |
Metals Creek Resources Corp - Net Assets Trend (2005–2025)
This chart illustrates how Metals Creek Resources Corp's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of Metals Creek Resources Corp to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Metals Creek Resources Corp (2005–2025)
The table below shows the annual net assets of Metals Creek Resources Corp from 2005 to 2025. For live valuation and market cap data, see market value of Metals Creek Resources Corp.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CA$710.72K ≈ $514.12K |
+76.90% |
| 2024-12-31 | CA$401.76K ≈ $290.63K |
-95.47% |
| 2023-12-31 | CA$8.88 Million ≈ $6.42 Million |
-4.17% |
| 2022-12-31 | CA$9.26 Million ≈ $6.70 Million |
-35.46% |
| 2021-12-31 | CA$14.35 Million ≈ $10.38 Million |
+53.79% |
| 2020-12-31 | CA$9.33 Million ≈ $6.75 Million |
+25.62% |
| 2019-12-31 | CA$7.43 Million ≈ $5.37 Million |
-4.36% |
| 2018-12-31 | CA$7.77 Million ≈ $5.62 Million |
-0.70% |
| 2017-12-31 | CA$7.82 Million ≈ $5.66 Million |
+9.57% |
| 2016-12-31 | CA$7.14 Million ≈ $5.17 Million |
+29.91% |
| 2015-12-31 | CA$5.50 Million ≈ $3.98 Million |
-10.55% |
| 2014-12-31 | CA$6.14 Million ≈ $4.45 Million |
-34.22% |
| 2013-12-31 | CA$9.34 Million ≈ $6.76 Million |
-4.43% |
| 2012-12-31 | CA$9.77 Million ≈ $7.07 Million |
-21.86% |
| 2011-12-31 | CA$12.51 Million ≈ $9.05 Million |
+98.97% |
| 2010-12-31 | CA$6.29 Million ≈ $4.55 Million |
+8.68% |
| 2009-12-31 | CA$5.78 Million ≈ $4.18 Million |
+119.30% |
| 2008-12-31 | CA$2.64 Million ≈ $1.91 Million |
+32.90% |
| 2007-12-31 | CA$1.98 Million ≈ $1.44 Million |
+171.98% |
| 2006-12-31 | CA$729.75K ≈ $527.89K |
-14.59% |
| 2005-12-31 | CA$854.40K ≈ $618.06K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Metals Creek Resources 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 2975639200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$30.64 Million | 4311.20% |
| Total Equity | CA$710.72K | 100.00% |
Metals Creek Resources Corp Competitors by Market Cap
The table below lists competitors of Metals Creek Resources Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nexcom AS
CO:NEXCOM
|
$6.25 Million |
|
Dom Maklerski IDM SA
WAR:IDM
|
$6.25 Million |
|
Auravelle Metals Limited
AU:AUV
|
$6.25 Million |
|
Ao World
LSE:AO
|
$6.26 Million |
|
Moving iMage Technologies Inc
NYSE MKT:MITQ
|
$6.25 Million |
|
Silver Bull Resources Inc
TO:SVB
|
$6.24 Million |
|
Thai Ha Public Company Limited
BK:KASET
|
$6.24 Million |
|
Can Fite Biopharma Ltd ADR
NYSE MKT:CANF
|
$6.23 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Metals Creek Resources Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 401,761 to 710,717, a change of 308,956 (76.9%).
- Net loss of 488,150 reduced equity.
- New share issuances of 993,500 increased equity.
- Other factors decreased equity by 196,394.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-488.15K | -68.68% |
| Share Issuances | CA$993.50K | +139.79% |
| Other Changes | CA$-196.39K | -27.63% |
| Total Change | CA$- | 76.90% |
Book Value vs Market Value Analysis
This analysis compares Metals Creek Resources 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
- Current price-to-book ratio: 12.15x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 0.05x to 12.15x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | CA$0.86 | CA$0.04 | x |
| 2006-12-31 | CA$0.68 | CA$0.04 | x |
| 2007-12-31 | CA$1.40 | CA$0.04 | x |
| 2008-12-31 | CA$0.91 | CA$0.04 | x |
| 2009-12-31 | CA$1.07 | CA$0.04 | x |
| 2010-12-31 | CA$0.73 | CA$0.04 | x |
| 2011-12-31 | CA$0.94 | CA$0.04 | x |
| 2012-12-31 | CA$0.70 | CA$0.04 | x |
| 2013-12-31 | CA$0.66 | CA$0.04 | x |
| 2014-12-31 | CA$0.44 | CA$0.04 | x |
| 2015-12-31 | CA$0.35 | CA$0.04 | x |
| 2016-12-31 | CA$0.21 | CA$0.04 | x |
| 2017-12-31 | CA$0.17 | CA$0.04 | x |
| 2018-12-31 | CA$0.13 | CA$0.04 | x |
| 2019-12-31 | CA$0.11 | CA$0.04 | x |
| 2020-12-31 | CA$0.11 | CA$0.04 | x |
| 2021-12-31 | CA$0.11 | CA$0.04 | x |
| 2022-12-31 | CA$0.06 | CA$0.04 | x |
| 2023-12-31 | CA$0.06 | CA$0.04 | x |
| 2024-12-31 | CA$0.00 | CA$0.04 | x |
| 2025-12-31 | CA$0.00 | CA$0.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Metals Creek Resources Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -68.68%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.41x
- Recent ROE (-68.68%) is below the historical average (-26.18%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | -17.90% | -906.13% | 0.02x | 1.02x | CA$-238.34K |
| 2006 | -18.62% | 0.00% | 0.00x | 1.04x | CA$-208.88K |
| 2007 | -7.39% | 0.00% | 0.00x | 1.53x | CA$-345.10K |
| 2008 | -22.47% | 0.00% | 0.00x | 1.08x | CA$-856.60K |
| 2009 | -10.32% | 0.00% | 0.00x | 1.02x | CA$-1.18 Million |
| 2010 | -15.57% | 0.00% | 0.00x | 1.13x | CA$-1.61 Million |
| 2011 | -6.57% | 0.00% | 0.00x | 1.02x | CA$-2.07 Million |
| 2012 | -30.58% | 0.00% | 0.00x | 1.01x | CA$-3.97 Million |
| 2013 | -5.25% | 0.00% | 0.00x | 1.01x | CA$-1.42 Million |
| 2014 | -52.60% | 0.00% | 0.00x | 1.01x | CA$-3.85 Million |
| 2015 | -24.83% | 0.00% | 0.00x | 1.05x | CA$-1.91 Million |
| 2016 | -8.72% | 0.00% | 0.00x | 1.01x | CA$-1.34 Million |
| 2017 | -0.73% | 0.00% | 0.00x | 1.01x | CA$-839.31K |
| 2018 | -9.63% | 0.00% | 0.00x | 1.03x | CA$-1.53 Million |
| 2019 | -8.22% | 0.00% | 0.00x | 1.02x | CA$-1.35 Million |
| 2020 | 6.82% | 0.00% | 0.00x | 1.02x | CA$-297.18K |
| 2021 | -2.28% | 0.00% | 0.00x | 1.06x | CA$-1.76 Million |
| 2022 | -64.01% | 0.00% | 0.00x | 1.02x | CA$-6.86 Million |
| 2023 | -10.38% | 0.00% | 0.00x | 1.02x | CA$-1.81 Million |
| 2024 | -171.92% | 0.00% | 0.00x | 1.77x | CA$-730.88K |
| 2025 | -68.68% | 0.00% | 0.00x | 1.41x | CA$-559.22K |
Industry Comparison
This section compares Metals Creek Resources Corp'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: $26,192,690
- Average return on equity (ROE) among peers: -63.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Metals Creek Resources Corp (MEK) | CA$710.72K | -17.90% | 0.41x | $6.25 Million |
| Aftermath Silver Ltd (AAG) | $26.16 Million | -23.42% | 0.41x | $192.76 Million |
| Aton Resources Inc (AAN) | $-2.31 Million | 0.00% | 0.00x | $40.57 Million |
| Arbor Metals Corp (ABR) | $10.98 Million | -14.09% | 0.06x | $9.21 Million |
| Asiabasemetals Inc (ABZ) | $262.22K | -168.47% | 0.12x | $2.91 Million |
| Adex Mining Inc (ADE) | $-81.43K | 0.00% | 0.00x | $67.72 Million |
| Alphamin Res (AFM) | $663.99K | -85.41% | 0.22x | $1.30 Billion |
| Silver X Mining Corp (AGX) | $18.71 Million | -66.45% | 1.77x | $143.14 Million |
| Amarc Resources Ltd. (AHR) | $763.11K | -243.05% | 0.34x | $164.63 Million |
| Almonty Industries Inc (AII) | $39.75 Million | -36.45% | 3.85x | $4.73 Billion |
| Aldebaran Resources Inc (ALDE) | $167.02 Million | -0.80% | 0.03x | $430.78 Million |
About Metals Creek Resources Corp
Metals Creek Resources Corp., an exploration stage company, engages in the identification, acquisition, exploration, and development of mineral resource properties in Canada. The company primarily explores for gold, copper, base metals, and platinum group metal deposits, as well as diamonds. The company was incorporated in 2004 and is headquartered in Thunder Bay, Canada.