Nobel29 Resources Corp (NBLC) - Net Assets
Based on the latest financial reports, Nobel29 Resources Corp (NBLC) has net assets worth CA$-374.67K CAD (≈ $-271.03K USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$30.67K ≈ $22.19K USD) and total liabilities (CA$405.34K ≈ $293.22K USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Nobel29 Resources Corp tangible equity quality to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-374.67K |
| % of Total Assets | -1221.57% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 79.56 |
Nobel29 Resources Corp - Net Assets Trend (2019–2024)
This chart illustrates how Nobel29 Resources Corp's net assets have evolved over time, based on quarterly financial data. See Nobel29 Resources Corp (NBLC) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Nobel29 Resources Corp (2019–2024)
The table below shows the annual net assets of Nobel29 Resources Corp from 2019 to 2024. For live valuation and market cap data, see market cap of Nobel29 Resources Corp.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$-52.43K ≈ $-37.93K |
+89.55% |
| 2023-12-31 | CA$-501.70K ≈ $-362.92K |
-250.04% |
| 2022-12-31 | CA$334.38K ≈ $241.88K |
-90.92% |
| 2021-12-31 | CA$3.68 Million ≈ $2.67 Million |
+6457.76% |
| 2020-12-31 | CA$-57.95K ≈ $-41.92K |
-15.48% |
| 2019-12-31 | CA$-50.18K ≈ $-36.30K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Nobel29 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 1531845200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$18.78 Million | % |
| Total Equity | CA$-52.43K | 100.00% |
Nobel29 Resources Corp Competitors by Market Cap
The table below lists competitors of Nobel29 Resources Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Southern Empire Resources Corp
V:SMP
|
$3.79 Million |
|
Moatable Inc
NYSE:MTBLY
|
$3.79 Million |
|
Cash.Medien AG
HM:MF8
|
$3.80 Million |
|
Krakatoa Resources Ltd
AU:KTA
|
$3.80 Million |
|
QEM Ltd
AU:QEM
|
$3.78 Million |
|
iSpecimen Inc
NASDAQ:ISPC
|
$3.78 Million |
|
Seya Industries Limited
NSE:SEYAIND
|
$3.78 Million |
|
Marston’s PLC
LSE:MARS
|
$3.78 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nobel29 Resources Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -501,696 to -52,433, a change of 449,263.
- Net loss of 781,461 reduced equity.
- New share issuances of 992,500 increased equity.
- Other factors increased equity by 238,224.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-781.46K | -1490.4% |
| Share Issuances | CA$992.50K | +1892.89% |
| Other Changes | CA$238.22K | +454.34% |
| Total Change | CA$- | % |
Book Value vs Market Value Analysis
This analysis compares Nobel29 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | CA$0.00 | CA$0.03 | x |
| 2020-12-31 | CA$0.00 | CA$0.03 | x |
| 2021-12-31 | CA$0.05 | CA$0.03 | x |
| 2022-12-31 | CA$0.00 | CA$0.03 | x |
| 2023-12-31 | CA$-0.01 | CA$0.03 | x |
| 2024-12-31 | CA$0.00 | CA$0.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nobel29 Resources Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-234.12%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-77.89K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-31.98K |
| 2021 | -402.90% | 0.00% | 0.00x | 1.18x | CA$-15.21 Million |
| 2022 | -1001.80% | 0.00% | 0.00x | 3.45x | CA$-3.38 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-785.90K |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-776.22K |
Industry Comparison
This section compares Nobel29 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: $2,278,129
- Average return on equity (ROE) among peers: -49.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nobel29 Resources Corp (NBLC) | CA$-374.67K | 0.00% | N/A | $3.79 Million |
| Aftermath Silver Ltd (AAG) | $-1.02 Million | 0.00% | 0.00x | $195.23 Million |
| Aton Resources Inc (AAN) | $-9.49 Million | 0.00% | 0.00x | $42.41 Million |
| Arbor Metals Corp (ABR) | $153.43K | -30.35% | 0.39x | $8.19 Million |
| Asiabasemetals Inc (ABZ) | $-251.39K | 0.00% | 0.00x | $3.63 Million |
| Adex Mining Inc (ADE) | $-81.43K | 0.00% | 0.00x | $66.13 Million |
| Alphamin Res (AFM) | $159.81K | -280.73% | 0.49x | $1.30 Billion |
| Silver X Mining Corp (AGX) | $18.71 Million | -66.45% | 1.77x | $138.33 Million |
| Amarc Resources Ltd. (AHR) | $7.22 Million | -119.49% | 0.12x | $159.74 Million |
| Almonty Industries Inc (AII) | $21.18 Million | 0.00% | 0.48x | $5.33 Billion |
| Aldebaran Resources Inc (ALDE) | $-13.79 Million | 0.00% | 0.00x | $425.46 Million |
About Nobel29 Resources Corp
Nobel Resources Corp. engages in the acquisition, exploration, and development of mineral properties in Chile. The company has an option agreement to acquire 100% interests in the copper projects, such as the Cuprita project that consists of 1,000 hectares; the Janett property; the Pampa Austral property, which includes 2,700 hectares; and the Anais project located in Antofagasta Region, Chile. T… Read more