Nortec Minerals Corp (NVT) - Net Assets
Based on the latest financial reports, Nortec Minerals Corp (NVT) has net assets worth CA$-51.29K CAD (≈ $-37.10K USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$304.42K ≈ $220.22K USD) and total liabilities (CA$355.71K ≈ $257.32K USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Nortec Minerals Corp liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-51.29K |
| % of Total Assets | -16.85% |
| Annual Growth Rate | -32.68% |
| 5-Year Change | -95.29% |
| 10-Year Change | -40.86% |
| Growth Volatility | 132.31 |
Nortec Minerals Corp - Net Assets Trend (2013–2024)
This chart illustrates how Nortec Minerals Corp's net assets have evolved over time, based on quarterly financial data. Also explore Nortec Minerals Corp asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Nortec Minerals Corp (2013–2024)
The table below shows the annual net assets of Nortec Minerals Corp from 2013 to 2024. For live valuation and market cap data, see market cap of Nortec Minerals Corp.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$114.05K ≈ $82.50K |
+395.11% |
| 2023-12-31 | CA$-38.65K ≈ $-27.96K |
-18.93% |
| 2022-12-31 | CA$-32.50K ≈ $-23.51K |
+92.46% |
| 2021-12-31 | CA$-430.91K ≈ $-311.71K |
-117.81% |
| 2020-12-31 | CA$2.42 Million ≈ $1.75 Million |
+15.27% |
| 2019-12-31 | CA$2.10 Million ≈ $1.52 Million |
-0.89% |
| 2018-12-31 | CA$2.12 Million ≈ $1.53 Million |
+37.17% |
| 2017-12-31 | CA$1.54 Million ≈ $1.12 Million |
+82.47% |
| 2016-12-31 | CA$846.26K ≈ $612.17K |
+338.82% |
| 2015-12-31 | CA$192.85K ≈ $139.50K |
-97.22% |
| 2014-12-31 | CA$6.94 Million ≈ $5.02 Million |
-21.80% |
| 2013-12-31 | CA$8.87 Million ≈ $6.42 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Nortec Minerals 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 1073531600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$27.23 Million | 23873.02% |
| Total Equity | CA$114.05K | 100.00% |
Nortec Minerals Corp Competitors by Market Cap
The table below lists competitors of Nortec Minerals Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SANCUS LENDING GROUP LTD.
F:97F
|
$2.32 Million |
|
C.I. Group Public Company Limited
BK:CIG
|
$2.33 Million |
|
Cortus Energy AB (publ)
ST:CE
|
$2.33 Million |
|
Kiplin Metals Inc
V:KIP
|
$2.33 Million |
|
Fintech Select Ltd
V:FTEC
|
$2.32 Million |
|
Soho Development SA
WAR:SHD
|
$2.31 Million |
|
Pro-Pac Packaging Ltd
AU:PPG
|
$2.31 Million |
|
Femto Technologies Inc.
NASDAQ:FMTO
|
$2.31 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nortec Minerals Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -38,648 to 114,053, a change of 152,701.
- Net income of 154,264 contributed positively to equity growth.
- Other factors decreased equity by 1,563.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$154.26K | +135.26% |
| Other Changes | CA$-1.56K | -1.37% |
| Total Change | CA$- | % |
Book Value vs Market Value Analysis
This analysis compares Nortec Minerals 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: 28.09x
- 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 2.33x to 28.09x 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$0.03 | CA$0.06 | x |
| 2018-12-31 | CA$0.03 | CA$0.06 | x |
| 2019-12-31 | CA$0.03 | CA$0.06 | x |
| 2020-12-31 | CA$0.02 | CA$0.06 | x |
| 2021-12-31 | CA$0.00 | CA$0.06 | x |
| 2022-12-31 | CA$0.00 | CA$0.06 | x |
| 2023-12-31 | CA$0.00 | CA$0.06 | x |
| 2024-12-31 | CA$0.00 | CA$0.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nortec Minerals Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 135.26%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 4.44x
- Recent ROE (135.26%) is above the historical average (-83.05%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -10.35% | 0.00% | 0.00x | 1.55x | CA$-1.19 Million |
| 2014 | -106.63% | 0.00% | 0.00x | 4.51x | CA$-1.94 Million |
| 2015 | -936.00% | 0.00% | 0.00x | 2.47x | CA$-1.82 Million |
| 2016 | -11.70% | 0.00% | 0.00x | 1.35x | CA$-183.63K |
| 2017 | -23.31% | 0.00% | 0.00x | 1.06x | CA$-514.40K |
| 2018 | -20.45% | 0.00% | 0.00x | 1.17x | CA$-645.01K |
| 2019 | -13.95% | 0.00% | 0.00x | 1.50x | CA$-502.71K |
| 2020 | -9.50% | 0.00% | 0.00x | 1.35x | CA$-471.95K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-2.97 Million |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-895.08K |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-323.57K |
| 2024 | 135.26% | 0.00% | 0.00x | 4.44x | CA$142.86K |
Industry Comparison
This section compares Nortec Minerals 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: $49,314,810
- Average return on equity (ROE) among peers: -11.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nortec Minerals Corp (NVT) | CA$-51.29K | -10.35% | N/A | $2.32 Million |
| Aftermath Silver Ltd (AAG) | $-553.41K | 0.00% | 0.00x | $185.75 Million |
| Aton Resources Inc (AAN) | $-1.13 Million | 0.00% | 0.00x | $49.79 Million |
| Arbor Metals Corp (ABR) | $1.00 Million | -16.27% | 0.02x | $10.75 Million |
| Asiabasemetals Inc (ABZ) | $717.72K | -45.73% | 0.05x | $4.67 Million |
| Adex Mining Inc (ADE) | $-30.95 Million | 0.00% | 0.00x | $27.09 Million |
| Alphamin Res (AFM) | $367.40 Million | 27.47% | 0.33x | $1.30 Billion |
| Silver X Mining Corp (AGX) | $38.37 Million | -47.47% | 0.73x | $148.73 Million |
| Amarc Resources Ltd. (AHR) | $14.00 Million | 5.93% | 0.01x | $148.33 Million |
| Almonty Industries Inc (AII) | $39.75 Million | -36.45% | 3.85x | $4.73 Billion |
| Aldebaran Resources Inc (ALDE) | $64.54 Million | -3.09% | 0.01x | $332.39 Million |
About Nortec Minerals Corp
Nortec Minerals Corp., together with its subsidiaries, engages in the acquisition, exploration, and development of mineral properties in Canada, Ecuador, and Finland. The company explores for gold, zinc, copper, lead, silver, base metal, and lithium deposits. Nortec Minerals Corp. is headquartered in Vancouver, Canada.