Morien Resources Corp Net Assets

Latest as of June 2026: CA$1.01 Million CAD ≈ $732.57K USD

Morien Resources Corp net assets. Based on the latest financial reports, Morien Resources Corp (MOX) has net assets worth CA$1.01 Million CAD (≈ $732.57K 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$2.50 Million ≈ $1.80 Million USD) and total liabilities (CA$1.48 Million ≈ $1.07 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 MOX year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CA$1.01 Million
% of Total Assets	40.59%
Annual Growth Rate	N/A
5-Year Change	-26.0%
10-Year Change	-71.39%
Growth Volatility	411.52

Net Assets of Morien Resources Corp (2008–2025)

Net assets of Morien Resources Corp from 2008 to 2025. This chart illustrates how Morien Resources Corp's net assets have evolved over time, based on quarterly financial data. See Morien Resources Corp balance sheet independence to measure how much of total assets are equity-financed.

Annual Net Assets for Morien Resources Corp (2008–2025)

The table below shows the annual net assets of Morien Resources Corp from 2008 to 2025. For live market cap and overall valuation, see MOX market cap.

Year	Net Assets	Change
2025-12-31	CA$1.32 Million ≈ $957.56K	+394.48%
2024-12-31	CA$267.70K ≈ $193.65K	-58.89%
2023-12-31	CA$651.25K ≈ $471.11K	-17.27%
2022-12-31	CA$787.25K ≈ $569.48K	-55.99%
2021-12-31	CA$1.79 Million ≈ $1.29 Million	-21.28%
2020-12-31	CA$2.27 Million ≈ $1.64 Million	-29.14%
2019-12-31	CA$3.21 Million ≈ $2.32 Million	+1.54%
2018-12-31	CA$3.16 Million ≈ $2.28 Million	-24.73%
2017-12-31	CA$4.20 Million ≈ $3.04 Million	-9.31%
2016-12-31	CA$4.63 Million ≈ $3.35 Million	-12.92%
2015-12-31	CA$5.31 Million ≈ $3.84 Million	-25.21%
2014-12-31	CA$7.10 Million ≈ $5.14 Million	-62.47%
2013-12-31	CA$18.93 Million ≈ $13.69 Million	-6.14%
2012-12-31	CA$20.17 Million ≈ $14.59 Million	+1644.31%
2011-12-31	CA$1.16 Million ≈ $836.51K	-74.69%
2010-12-31	CA$4.57 Million ≈ $3.30 Million	+2.43%
2009-12-31	CA$4.46 Million ≈ $3.23 Million	+210.41%
2008-12-31	CA$-4.04 Million ≈ $-2.92 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Morien 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 grown by 399844000.0% over the analyzed period, indicating profitable operations and earnings retention.

Morien Resources Corp Net Assets Breakdown (December 2025)

Morien Resources Corp net assets breakdown by equity component as of December 2025.

Component	Amount	Percentage
Other Components	CA$9.00 Million	680.18%
Total Equity	CA$1.32 Million	100.00%

Morien Resources Corp Competitors by Market Cap

The table below lists competitors of Morien Resources Corp ranked by their market capitalization.

Company	Market Cap
Daewoo SBI SPAC 1 KQ:215480	$10.89 Million
ViroGates A/S CO:VIRO	$10.89 Million
Arita Prima Indonesia Tbk JK:APII	$10.91 Million
Mustera Property Group Ltd AU:MPX	$10.91 Million
Blackwall Ltd AU:BWF	$10.88 Million
S F Capital Bhd KLSE:8745	$10.87 Million
Pulsenmore Ltd. Ordinary Shares NASDAQ:PLSM	$10.86 Million
Patria Private Equity Trust LSE:PPET	$10.85 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 267,700 to 1,323,725, a change of 1,056,025 (394.5%).
Net loss of 542,888 reduced equity.
New share issuances of 1,600,000 increased equity.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CA$-542.89K	-41.01%
Share Issuances	CA$1.60 Million	+120.87%
Other Changes	CA$-1.09K	-0.08%
Total Change	CA$-	394.48%

Book Value vs Market Value Analysis

This analysis compares Morien 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: 11.37x
The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2008-12-31	CA$-1.20	CA$0.25	x
2009-12-31	CA$0.33	CA$0.25	x
2010-12-31	CA$0.22	CA$0.25	x
2011-12-31	CA$0.34	CA$0.25	x
2012-12-31	CA$2.04	CA$0.25	x
2013-12-31	CA$0.38	CA$0.25	x
2014-12-31	CA$0.14	CA$0.25	x
2015-12-31	CA$0.09	CA$0.25	x
2016-12-31	CA$0.08	CA$0.25	x
2017-12-31	CA$0.07	CA$0.25	x
2018-12-31	CA$0.06	CA$0.25	x
2019-12-31	CA$0.06	CA$0.25	x
2020-12-31	CA$0.04	CA$0.25	x
2021-12-31	CA$0.04	CA$0.25	x
2022-12-31	CA$0.02	CA$0.25	x
2023-12-31	CA$0.01	CA$0.25	x
2024-12-31	CA$0.01	CA$0.25	x
2025-12-31	CA$0.02	CA$0.25	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Morien 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): -41.01%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -2394.43%
• Asset Turnover: 0.01x
• Equity Multiplier: 2.20x
Recent ROE (-41.01%) is above the historical average (-55.85%), 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%	-253.08%	0.03x	0.00x	CA$-49.32K
2009	-20.85%	-187.47%	0.06x	1.73x	CA$-1.38 Million
2010	-29.50%	-254.47%	0.07x	1.62x	CA$-1.80 Million
2011	-300.27%	-479.47%	0.39x	1.60x	CA$-3.59 Million
2012	-6.10%	0.00%	0.00x	1.03x	CA$-3.25 Million
2013	-6.48%	0.00%	0.00x	1.01x	CA$-3.12 Million
2014	-202.66%	-12125.20%	0.02x	1.02x	CA$-15.11 Million
2015	-20.28%	-3079.51%	0.01x	1.02x	CA$-1.61 Million
2016	-10.95%	0.00%	0.00x	1.01x	CA$-969.25K
2017	13.75%	347.36%	0.04x	1.02x	CA$157.35K
2018	-18.12%	-62.20%	0.27x	1.09x	CA$-888.18K
2019	27.86%	110.28%	0.23x	1.12x	CA$572.66K
2020	-24.68%	-225.02%	0.09x	1.20x	CA$-788.05K
2021	-20.40%	-600.35%	0.03x	1.32x	CA$-543.74K
2022	-69.24%	-314.65%	0.12x	1.89x	CA$-623.85K
2023	-47.25%	-31.98%	0.66x	2.25x	CA$-372.82K
2024	-229.06%	-744.47%	0.07x	4.54x	CA$-639.97K
2025	-41.01%	-2394.43%	0.01x	2.20x	CA$-675.26K

Industry Comparison

This section compares Morien Resources Corp's net assets metrics with peer companies in the Thermal Coal industry.

Industry Context

Industry: Thermal Coal
Average net assets among peers: $-1,505,009
Average return on equity (ROE) among peers: 0.00%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Morien Resources Corp (MOX)	CA$1.01 Million	0.00%	1.46x	$10.88 Million
Southstone Minerals Ltd (SML)	$-1.51 Million	0.00%	0.00x	$334.02K

About Morien Resources Corp

V:MOX Canada Thermal Coal

Market Cap

$10.88 Million

CA$15.05 Million CAD

Market Cap Rank

#26736 Global

#1084 in Canada

Share Price

CA$0.25

Change (1 day)

+6.38%

52-Week Range

CA$0.18 - CA$0.27

All Time High

CA$0.81