Northfield Capital Corporation
Northfield Capital Corporation is a principal investment firm. The firm prefers to invest in companies operating in the glass, manufacturing, premium alcoholic beverages, aviation, oil and gas, mining, and technology industries. The firm take controlling stake in a company. Northfield Capital Corporation was formed and incorporated in 1981 under the name Puissance Resources Limited. It changed it… Read more
Northfield Capital Corporation (NFD-A) - Net Assets
Latest net assets as of September 2025: CA$120.16 Million CAD
Based on the latest financial reports, Northfield Capital Corporation (NFD-A) has net assets worth CA$120.16 Million CAD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$142.80 Million) and total liabilities (CA$22.64 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$120.16 Million |
| % of Total Assets | 84.15% |
| Annual Growth Rate | -0.7% |
| 5-Year Change | -22.08% |
| 10-Year Change | 11.07% |
| Growth Volatility | 14.74 |
Northfield Capital Corporation - Net Assets Trend (2013–2024)
This chart illustrates how Northfield Capital Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Northfield Capital Corporation (2013–2024)
The table below shows the annual net assets of Northfield Capital Corporation from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$72.94 Million | +16.51% |
| 2023-12-31 | CA$62.61 Million | -11.48% |
| 2022-12-31 | CA$70.72 Million | -17.98% |
| 2021-12-31 | CA$86.22 Million | -7.89% |
| 2020-12-31 | CA$93.61 Million | -5.56% |
| 2019-12-31 | CA$99.13 Million | +12.48% |
| 2018-12-31 | CA$88.13 Million | -9.47% |
| 2017-12-31 | CA$97.35 Million | +12.38% |
| 2016-12-31 | CA$86.62 Million | +31.90% |
| 2015-12-31 | CA$65.67 Million | -9.29% |
| 2014-12-31 | CA$72.40 Million | -8.14% |
| 2013-12-31 | CA$78.81 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Northfield Capital Corporation'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 30.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CA$61.00 Million | 81.63% |
| Other Components | CA$13.73 Million | 18.37% |
| Total Equity | CA$74.74 Million | 100.00% |
Northfield Capital Corporation Competitors by Market Cap
The table below lists competitors of Northfield Capital Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BRISANET ON NM
SA:BRST3
|
$41.01 Million |
|
Qrf Comm. VA
F:2QR
|
$41.03 Million |
|
Chin Hung Int'
KO:002780
|
$41.03 Million |
|
Cypark Resources Berhad
KLSE:5184
|
$41.04 Million |
|
OPAL Fuels Inc
NASDAQ:OPAL
|
$40.99 Million |
|
AVE S.A.
AT:AVE
|
$40.99 Million |
|
Kjell Group AB
ST:KJELL
|
$40.99 Million |
|
Aileron Therapeutics Inc
NASDAQ:ALRN
|
$40.98 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Northfield Capital Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 62,364,968 to 74,736,572, a change of 12,371,604 (19.8%).
- Net income of 2,276,288 contributed positively to equity growth.
- New share issuances of 9,286,770 increased equity.
- Other factors increased equity by 808,546.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$2.28 Million | +3.05% |
| Share Issuances | CA$9.29 Million | +12.43% |
| Other Changes | CA$808.55K | +1.08% |
| Total Change | CA$- | 19.84% |
Book Value vs Market Value Analysis
This analysis compares Northfield Capital Corporation'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: 0.98x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.14x to 0.98x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CA$39.96 | CA$5.44 | x |
| 2018-12-31 | CA$36.83 | CA$5.44 | x |
| 2019-12-31 | CA$39.83 | CA$5.44 | x |
| 2020-12-31 | CA$39.71 | CA$5.44 | x |
| 2021-12-31 | CA$37.44 | CA$5.44 | x |
| 2022-12-31 | CA$6.22 | CA$5.44 | x |
| 2023-12-31 | CA$5.62 | CA$5.44 | x |
| 2024-12-31 | CA$5.55 | CA$5.44 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Northfield Capital Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 3.05%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 23.81%
- • Asset Turnover: 0.11x
- • Equity Multiplier: 1.16x
- Recent ROE (3.05%) is above the historical average (-5.31%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -16.62% | 0.00% | -0.17x | 1.00x | CA$-20.98 Million |
| 2014 | -33.87% | 0.00% | -0.36x | 1.01x | CA$-31.76 Million |
| 2015 | -5.39% | 0.00% | -0.01x | 1.01x | CA$-10.06 Million |
| 2016 | 16.27% | 75.57% | 0.20x | 1.06x | CA$5.22 Million |
| 2017 | 13.15% | 72.80% | 0.18x | 1.03x | CA$3.07 Million |
| 2018 | -9.10% | 0.00% | -0.08x | 1.01x | CA$-16.83 Million |
| 2019 | 6.95% | 70.99% | 0.09x | 1.12x | CA$-2.80 Million |
| 2020 | -0.91% | -5.32% | 0.15x | 1.12x | CA$-9.73 Million |
| 2021 | -6.18% | -150.83% | 0.04x | 1.11x | CA$-13.48 Million |
| 2022 | -20.31% | 0.00% | -0.03x | 1.16x | CA$-20.93 Million |
| 2023 | -10.71% | 0.00% | -0.02x | 1.26x | CA$-12.92 Million |
| 2024 | 3.05% | 23.81% | 0.11x | 1.16x | CA$-5.20 Million |
Industry Comparison
This section compares Northfield Capital Corporation's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $398,436,303
- Average return on equity (ROE) among peers: -4.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Northfield Capital Corporation (NFD-A) | CA$120.16 Million | -16.62% | 0.19x | $41.00 Million |
| Alaris Equity Partners Income Trust (AD-UN) | $604.54 Million | 1.97% | 0.32x | $616.42 Million |
| AI Artificial Intelligence Ventures Inc. (AIVC) | $4.27 Million | -129.03% | 0.20x | $5.48 Million |
| Brookfield Global Infrastructure Securities Income Fund (BGI-UN) | $354.64 Million | 11.23% | 0.49x | $48.58K |
| Bankers Petroleum Ltd (BNK) | $28.51 Million | 46.55% | 0.58x | $113.70K |
| Sprott Physical Gold and Silver Trust (CEF) | $1.20 Billion | -29.28% | 0.00x | $452.56K |
| Canso Select Opportunities Corporation (CSOC-B) | $12.03 Million | -8.99% | 0.00x | $8.94 Million |
| CoTec Holdings Corp. (CTH) | $-59.00K | 0.00% | 0.00x | $51.82 Million |
| Clairvest Group Inc. (CVG) | $1.25 Billion | 9.75% | 0.14x | $159.95 Million |
| Dividend Growth Split Corp (DGS) | $296.85 Million | 37.60% | 1.53x | $52.33K |
| E Split Corp Class A (ENS) | $227.99 Million | 17.94% | 0.77x | $118.61K |