Nevada Zinc Corp (NZN) - Net Assets

Latest as of September 2023: CA$-596.13K CAD ≈ $-431.23K USD

Based on the latest financial reports, Nevada Zinc Corp (NZN) has net assets worth CA$-596.13K CAD (≈ $-431.23K USD) as of September 2023. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$34.60K ≈ $25.03K USD) and total liabilities (CA$630.72K ≈ $456.26K 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 NZN asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CA$-596.13K
% of Total Assets	-1723.01%
Annual Growth Rate	N/A
5-Year Change	N/A
10-Year Change	N/A
Growth Volatility	260.92

Nevada Zinc Corp - Net Assets Trend (2013–2022)

This chart illustrates how Nevada Zinc Corp's net assets have evolved over time, based on quarterly financial data. Also explore NZN asset base for the complete picture of this company's asset base.

Annual Net Assets for Nevada Zinc Corp (2013–2022)

The table below shows the annual net assets of Nevada Zinc Corp from 2013 to 2022. For live valuation and market cap data, see NZN stock market capitalisation.

Year	Net Assets	Change
2022-12-31	CA$-336.01K ≈ $-243.06K	+57.17%
2021-12-31	CA$-784.52K ≈ $-567.51K	-12.99%
2020-12-31	CA$-694.36K ≈ $-502.29K	-126.92%
2019-12-31	CA$-305.99K ≈ $-221.35K	-253.70%
2018-12-31	CA$-86.51K ≈ $-62.58K	-106.17%
2017-12-31	CA$1.40 Million ≈ $1.01 Million	+239.95%
2016-12-31	CA$412.31K ≈ $298.26K	+114.22%
2015-12-31	CA$192.47K ≈ $139.23K	-47.61%
2014-12-31	CA$367.40K ≈ $265.77K	+627.03%
2013-12-31	CA$50.53K ≈ $36.56K	--

Equity Component Analysis

This analysis shows how different components contribute to Nevada Zinc 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 770303000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2022)

Component	Amount	Percentage
Other Components	CA$14.02 Million	%
Total Equity	CA$-336.01K	100.00%

Nevada Zinc Corp Competitors by Market Cap

The table below lists competitors of Nevada Zinc Corp ranked by their market capitalization.

Company	Market Cap
Revolution Beauty Group PLC LSE:REVB	$368.25K
Mavshack publ AB ST:MAV	$368.64K
Poolbeg Pharma PLC LSE:POLB	$368.90K
Tinybuild Inc LSE:TBLD	$370.85K
Everyman Media Group plc LSE:EMAN	$366.10K
FIH Group PLC LSE:FIH	$365.59K
Sparx Technology Inc V:SPRX	$365.51K
Tortilla Mexican Grill PLC LSE:MEX	$364.58K

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Nevada Zinc Corp's equity between the two most recent reporting periods.

Equity Growth Insights

From 2021 to 2022, total equity changed from -784,522 to -336,010, a change of 448,512.
Net loss of 739,843 reduced equity.
New share issuances of 750,000 increased equity.
Other factors increased equity by 438,355.

Equity Change Factors (2021 to 2022)

Factor	Impact	Contribution
Net Income	CA$-739.84K	-220.18%
Share Issuances	CA$750.00K	+223.21%
Other Changes	CA$438.36K	+130.46%
Total Change	CA$-	%

Book Value vs Market Value Analysis

This analysis compares Nevada Zinc 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
2017-12-31	CA$0.02	CA$0.01	x
2018-12-31	CA$0.00	CA$0.01	x
2019-12-31	CA$0.00	CA$0.01	x
2020-12-31	CA$-0.01	CA$0.01	x
2021-12-31	CA$-0.01	CA$0.01	x
2022-12-31	CA$0.00	CA$0.01	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Nevada Zinc 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 (-269.84%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2013	-609.27%	0.00%	0.00x	2.35x	CA$-312.94K
2014	-414.65%	0.00%	0.00x	1.61x	CA$-1.56 Million
2015	-878.55%	0.00%	0.00x	1.52x	CA$-1.71 Million
2016	-528.08%	0.00%	0.00x	1.74x	CA$-2.22 Million
2017	-267.84%	0.00%	0.00x	1.41x	CA$-3.41 Million
2018	0.00%	0.00%	0.00x	0.00x	CA$-2.04 Million
2019	0.00%	0.00%	0.00x	0.00x	CA$-297.08K
2020	0.00%	0.00%	0.00x	0.00x	CA$-398.93K
2021	0.00%	0.00%	0.00x	0.00x	CA$-872.21K
2022	0.00%	0.00%	0.00x	0.00x	CA$-706.24K

Industry Comparison

This section compares Nevada Zinc 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
Nevada Zinc Corp (NZN)	CA$-596.13K	-609.27%	N/A	$366.25K
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 Nevada Zinc Corp

V:NZN Canada Other Industrial Metals & Mining

Market Cap

$366.25K

CA$506.30K CAD

Market Cap Rank

#30642 Global

#1655 in Canada

Share Price

CA$0.01

Change (1 day)

+0.00%

52-Week Range

CA$0.01 - CA$0.01

All Time High

CA$0.69