Norden Crown Metals Corp (NOCR) - Net Assets
Based on the latest financial reports, Norden Crown Metals Corp (NOCR) has net assets worth CA$279.57K CAD as of December 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$1.24 Million) and total liabilities (CA$964.38K). 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$279.57K |
| % of Total Assets | 22.47% |
| Annual Growth Rate | 35.66% |
| 5-Year Change | -94.2% |
| 10-Year Change | N/A |
| Growth Volatility | 6261.38 |
Norden Crown Metals Corp - Net Assets Trend (2016–2024)
This chart illustrates how Norden Crown Metals Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Norden Crown Metals Corp (2016–2024)
The table below shows the annual net assets of Norden Crown Metals Corp from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$279.57K | -89.66% |
| 2023-12-31 | CA$2.70 Million | -42.78% |
| 2022-12-31 | CA$4.73 Million | -16.62% |
| 2021-12-31 | CA$5.67 Million | +17.68% |
| 2020-12-31 | CA$4.82 Million | +58.65% |
| 2019-12-31 | CA$3.04 Million | -36.35% |
| 2018-12-31 | CA$4.77 Million | +2.94% |
| 2017-12-31 | CA$4.63 Million | +18917.06% |
| 2016-12-31 | CA$24.37K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Norden Crown Metals 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 1698055600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$17.72 Million | 6336.81% |
| Total Equity | CA$279.57K | 100.00% |
Norden Crown Metals Corp Competitors by Market Cap
The table below lists competitors of Norden Crown Metals Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Citrus Plant5-L
TA:CTPL5
|
$3.14 Million |
|
CubicFarm Systems Corp
V:CUB
|
$3.14 Million |
|
Predictmedix AI Inc.
F:3QP0
|
$3.14 Million |
|
Pembroke VCT PLC
LSE:PEMB
|
$3.14 Million |
|
Darelle Online Solutions Inc
V:DAR
|
$3.14 Million |
|
AB Utenos Trikotazas
MU:UD5
|
$3.14 Million |
|
ACTEOS S.A
PA:EOS
|
$3.13 Million |
|
Serabi Gold PLC
LSE:SRB
|
$3.13 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Norden Crown Metals Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,704,391 to 279,575, a change of -2,424,816 (-89.7%).
- Net loss of 3,916,168 reduced equity.
- New share issuances of 610,000 increased equity.
- Other factors increased equity by 881,352.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-3.92 Million | -1400.76% |
| Share Issuances | CA$610.00K | +218.19% |
| Other Changes | CA$881.35K | +315.25% |
| Total Change | CA$- | -89.66% |
Book Value vs Market Value Analysis
This analysis compares Norden Crown Metals 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: 29.58x
- 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 3.23x to 29.58x 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$0.09 | CA$0.29 | x |
| 2018-12-31 | CA$0.08 | CA$0.29 | x |
| 2019-12-31 | CA$0.04 | CA$0.29 | x |
| 2020-12-31 | CA$0.04 | CA$0.29 | x |
| 2021-12-31 | CA$0.11 | CA$0.29 | x |
| 2022-12-31 | CA$0.09 | CA$0.29 | x |
| 2023-12-31 | CA$0.51 | CA$0.29 | x |
| 2024-12-31 | CA$0.01 | CA$0.29 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Norden Crown Metals Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -1400.76%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 4.45x
- Recent ROE (-1400.76%) is below the historical average (-273.94%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -703.99% | 0.00% | 0.00x | 8.45x | CA$-173.98K |
| 2017 | -47.53% | 0.00% | 0.00x | 1.15x | CA$-2.67 Million |
| 2018 | -40.35% | 0.00% | 0.00x | 1.07x | CA$-2.40 Million |
| 2019 | -115.81% | 0.00% | 0.00x | 1.42x | CA$-3.83 Million |
| 2020 | -35.70% | 0.00% | 0.00x | 1.25x | CA$-2.20 Million |
| 2021 | -26.65% | 0.00% | 0.00x | 1.13x | CA$-2.08 Million |
| 2022 | -19.93% | 0.00% | 0.00x | 1.32x | CA$-1.41 Million |
| 2023 | -74.77% | 0.00% | 0.00x | 1.64x | CA$-2.29 Million |
| 2024 | -1400.76% | 0.00% | 0.00x | 4.45x | CA$-3.94 Million |
Industry Comparison
This section compares Norden Crown Metals 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: $-404,510
- Average return on equity (ROE) among peers: 31.84%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Norden Crown Metals Corp (NOCR) | CA$279.57K | -703.99% | 3.45x | $3.14 Million |
| Aftermath Silver Ltd (AAG) | $25.06 Million | -33.91% | 0.29x | $215.07 Million |
| Aton Resources Inc (AAN) | $-1.50 Million | 0.00% | 0.00x | $52.55 Million |
| Asbestos Corporation Limited (AB-H) | $-22.33 Million | 0.00% | 0.00x | $1.85 Million |
| Arbor Metals Corp (ABR) | $3.78 Million | -10.88% | 0.34x | $10.15 Million |
| Asiabasemetals Inc (ABZ) | $-30.55K | 0.00% | 0.00x | $5.75 Million |
| Adex Mining Inc (ADE) | $-30.95 Million | 0.00% | 0.00x | $27.09 Million |
| AE Fuels Corporation (AEF) | $423.41K | -11.49% | 0.28x | $4.95 Million |
| Alphamin Res (AFM) | $272.15K | -48.58% | 0.07x | $1.27 Billion |
| African Metals Corporation (AFR) | $2.33 Million | 446.81% | 0.22x | $1.00 Million |
| Silver X Mining Corp (AGX) | $18.90 Million | -23.55% | 1.85x | $148.73 Million |
About Norden Crown Metals Corp
Domestic Metals Corp., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Sweden and Norway. The company primarily explores for zinc, lead, copper, silver, and gold deposits. Its flagship project is the Gumsberg VMS project that consists of six exploration licenses, which covers an area of approximately 17,830 hectares located in the Be… Read more