Magna Mining Inc Net Assets
Magna Mining Inc net assets. Based on the latest financial reports, Magna Mining Inc (NICU) has net assets worth CA$117.98 Million CAD (≈ $85.35 Million 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$212.66 Million ≈ $153.83 Million USD) and total liabilities (CA$94.67 Million ≈ $68.48 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 Magna Mining Inc equity growth rate to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$117.98 Million |
| % of Total Assets | 55.48% |
| Annual Growth Rate | 134.14% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 141.0 |
Net Assets of Magna Mining Inc (2020–2024)
Net assets of Magna Mining Inc from 2020 to 2024. This chart illustrates how Magna Mining Inc's net assets have evolved over time, based on quarterly financial data. See how leveraged is Magna Mining Inc's balance sheet to measure how much of total assets are equity-financed.
Annual Net Assets for Magna Mining Inc (2020–2024)
The table below shows the annual net assets of Magna Mining Inc from 2020 to 2024. For live market cap and overall valuation, see how much is Magna Mining Inc worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$35.04 Million ≈ $25.35 Million |
+41.03% |
| 2023-12-31 | CA$24.85 Million ≈ $17.98 Million |
+24.25% |
| 2022-12-31 | CA$20.00 Million ≈ $14.47 Million |
+321.36% |
| 2021-12-31 | CA$4.75 Million ≈ $3.43 Million |
+307.05% |
| 2020-12-31 | CA$1.17 Million ≈ $843.49K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Magna Mining Inc'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 3734536200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Magna Mining Inc Net Assets Breakdown (December 2024)
Magna Mining Inc net assets breakdown by equity component as of December 2024.
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$76.66 Million | 218.76% |
| Total Equity | CA$35.04 Million | 100.00% |
Magna Mining Inc Competitors by Market Cap
The table below lists competitors of Magna Mining Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Elite Color Environmental Resources
SHE:002998
|
$344.76 Million |
|
Jiang Su Wujin Stainless Steel Pipe Group Co Ltd
SHG:603878
|
$344.88 Million |
|
Wuhan Sante Cableway Group Co Ltd
SHE:002159
|
$345.07 Million |
|
Silicius Real Estate SOCIMI S.A.
MC:YSIL
|
$345.10 Million |
|
Barings Corporate Investors
NYSE:MCI
|
$344.72 Million |
|
Mitrabahtera Segara Sejati Tbk
JK:MBSS
|
$344.55 Million |
|
Energiekontor AG
F:EKT
|
$344.55 Million |
|
Xinjiang Tianshan Animal Husbandry Bio-engineering Co Ltd
SHE:300313
|
$344.21 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Magna Mining Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 24,848,750 to 35,043,515, a change of 10,194,765 (41.0%).
- Net loss of 16,267,727 reduced equity.
- New share issuances of 20,333,334 increased equity.
- Other factors increased equity by 6,129,158.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-16.27 Million | -46.42% |
| Share Issuances | CA$20.33 Million | +58.02% |
| Other Changes | CA$6.13 Million | +17.49% |
| Total Change | CA$- | 41.03% |
Book Value vs Market Value Analysis
This analysis compares Magna Mining Inc'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: 11.79x
- 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 decreased from 115.85x to 11.79x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | CA$0.02 | CA$2.12 | x |
| 2021-12-31 | CA$0.07 | CA$2.12 | x |
| 2022-12-31 | CA$0.14 | CA$2.12 | x |
| 2023-12-31 | CA$0.15 | CA$2.12 | x |
| 2024-12-31 | CA$0.18 | CA$2.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Magna Mining Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -46.42%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.13x
- Recent ROE (-46.42%) is above the historical average (-86.29%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -93.57% | 0.00% | 0.00x | 2.35x | CA$-1.21 Million |
| 2021 | -142.49% | 0.00% | 0.00x | 1.47x | CA$-7.24 Million |
| 2022 | -109.85% | 0.00% | 0.00x | 1.25x | CA$-23.97 Million |
| 2023 | -39.12% | 0.00% | 0.00x | 1.22x | CA$-12.21 Million |
| 2024 | -46.42% | 0.00% | 0.00x | 1.13x | CA$-19.77 Million |
Industry Comparison
This section compares Magna Mining Inc'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: $20,486,864
- Average return on equity (ROE) among peers: -11.12%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Magna Mining Inc (NICU) | CA$117.98 Million | -93.57% | 0.80x | $344.75 Million |
| Aftermath Silver Ltd (AAG) | $-553.76K | 0.00% | 0.00x | $113.94 Million |
| Aton Resources Inc (AAN) | $-9.99 Million | 0.00% | 0.00x | $31.35 Million |
| Arbor Metals Corp (ABR) | $-81.69K | 0.00% | 0.00x | $4.10 Million |
| Asiabasemetals Inc (ABZ) | $-30.55K | 0.00% | 0.00x | $1.82 Million |
| Adex Mining Inc (ADE) | $-5.15 Million | 0.00% | 0.00x | $61.24 Million |
| Alphamin Res (AFM) | $174.59 Million | 2.85% | 0.82x | $1.16 Billion |
| Silver X Mining Corp (AGX) | $6.99 Million | -54.56% | 0.04x | $128.73 Million |
| Amarc Resources Ltd. (AHR) | $5.20 Million | -41.43% | 0.02x | $165.20 Million |
| Almonty Industries Inc (AII) | $45.62 Million | -18.06% | 2.51x | $3.18 Billion |
| Aldebaran Resources Inc (ALDE) | $-11.72 Million | 0.00% | 0.00x | $470.67 Million |
About Magna Mining Inc
Magna Mining Inc. engages in the acquisition, exploration, and development of mineral properties in Canada. The company primarily explores for nickel, copper, cobalt, gold, and platinum group metal deposits. Its flagship properties include100% interest in the Crean Hill Project; and 84% interest in the Shakespeare Mine located in Sudbury, Canada. Magna Mining Inc. was founded in 2016 and is headq… Read more