Progressive Planet Solutions Inc (PLAN) - Net Assets
Based on the latest financial reports, Progressive Planet Solutions Inc (PLAN) has net assets worth CA$16.89 Million CAD (≈ $12.22 Million USD) as of October 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$28.24 Million ≈ $20.43 Million USD) and total liabilities (CA$11.35 Million ≈ $8.21 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. Check PLAN asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$16.89 Million |
| % of Total Assets | 59.82% |
| Annual Growth Rate | 21.41% |
| 5-Year Change | 301.93% |
| 10-Year Change | N/A |
| Growth Volatility | 108.51 |
Progressive Planet Solutions Inc - Net Assets Trend (2008–2025)
This chart illustrates how Progressive Planet Solutions Inc's net assets have evolved over time, based on quarterly financial data. Also explore PLAN asset base for the complete picture of this company's asset base.
Annual Net Assets for Progressive Planet Solutions Inc (2008–2025)
The table below shows the annual net assets of Progressive Planet Solutions Inc from 2008 to 2025. For live valuation and market cap data, see Progressive Planet Solutions Inc market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-04-30 | CA$14.38 Million ≈ $10.40 Million |
+10.66% |
| 2024-04-30 | CA$13.00 Million ≈ $9.40 Million |
+1.92% |
| 2023-04-30 | CA$12.75 Million ≈ $9.22 Million |
+29.17% |
| 2022-04-30 | CA$9.87 Million ≈ $7.14 Million |
+175.88% |
| 2021-04-30 | CA$3.58 Million ≈ $2.59 Million |
+147.94% |
| 2020-04-30 | CA$1.44 Million ≈ $1.04 Million |
-47.74% |
| 2019-04-30 | CA$2.76 Million ≈ $2.00 Million |
+10.75% |
| 2018-04-30 | CA$2.49 Million ≈ $1.80 Million |
+27.50% |
| 2017-04-30 | CA$1.96 Million ≈ $1.41 Million |
+599.25% |
| 2016-04-30 | CA$-391.73K ≈ $-283.37K |
+9.13% |
| 2015-04-30 | CA$-431.08K ≈ $-311.84K |
-131.51% |
| 2014-04-30 | CA$-186.21K ≈ $-134.70K |
-266.59% |
| 2013-04-30 | CA$-50.79K ≈ $-36.74K |
-102.16% |
| 2012-04-30 | CA$2.35 Million ≈ $1.70 Million |
-33.67% |
| 2011-04-30 | CA$3.55 Million ≈ $2.57 Million |
+330.76% |
| 2010-04-30 | CA$823.32K ≈ $595.58K |
+59.54% |
| 2009-04-30 | CA$516.06K ≈ $373.31K |
-2.95% |
| 2008-04-30 | CA$531.77K ≈ $384.67K |
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Equity Component Analysis
This analysis shows how different components contribute to Progressive Planet Solutions 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 2149396500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (April 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CA$29.91 Million | 208.00% |
| Other Comprehensive Income | CA$6.22 Million | 43.27% |
| Total Equity | CA$14.38 Million | 100.00% |
Progressive Planet Solutions Inc Competitors by Market Cap
The table below lists competitors of Progressive Planet Solutions Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Inuvo Inc
NYSE MKT:INUV
|
$28.19 Million |
|
Softing AG
XETRA:SYT
|
$28.19 Million |
|
Binero Group AB
ST:BINERO
|
$28.19 Million |
|
Madison Pacific Properties Inc.
TO:MPC
|
$28.20 Million |
|
Pico (Thailand) Public Company Limited
BK:PICO
|
$28.18 Million |
|
Pato Chemical Industry Public Company Limited
BK:PATO
|
$28.18 Million |
|
Aquaron Acquisition Corp. Common Stock
NASDAQ:AQU
|
$28.17 Million |
|
Emdeki Utama Tbk PT
JK:MDKI
|
$28.17 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Progressive Planet Solutions Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 12,996,298 to 14,381,917, a change of 1,385,619 (10.7%).
- Net income of 1,669,591 contributed positively to equity growth.
- Share repurchases of 288,481 reduced equity.
- Other comprehensive income increased equity by 4,509.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$1.67 Million | +11.61% |
| Share Repurchases | CA$288.48K | -2.01% |
| Other Comprehensive Income | CA$4.51K | +0.03% |
| Total Change | CA$- | 10.66% |
Book Value vs Market Value Analysis
This analysis compares Progressive Planet Solutions 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: 2.73x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.01x to 2.73x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-04-30 | CA$30.96 | CA$0.36 | x |
| 2009-04-30 | CA$18.12 | CA$0.36 | x |
| 2010-04-30 | CA$9.09 | CA$0.36 | x |
| 2011-04-30 | CA$19.65 | CA$0.36 | x |
| 2012-04-30 | CA$9.16 | CA$0.36 | x |
| 2013-04-30 | CA$-0.12 | CA$0.36 | x |
| 2014-04-30 | CA$-0.22 | CA$0.36 | x |
| 2015-04-30 | CA$-0.32 | CA$0.36 | x |
| 2016-04-30 | CA$-0.17 | CA$0.36 | x |
| 2017-04-30 | CA$0.40 | CA$0.36 | x |
| 2018-04-30 | CA$0.22 | CA$0.36 | x |
| 2019-04-30 | CA$0.16 | CA$0.36 | x |
| 2020-04-30 | CA$0.06 | CA$0.36 | x |
| 2021-04-30 | CA$0.09 | CA$0.36 | x |
| 2022-04-30 | CA$0.14 | CA$0.36 | x |
| 2023-04-30 | CA$0.13 | CA$0.36 | x |
| 2024-04-30 | CA$0.12 | CA$0.36 | x |
| 2025-04-30 | CA$0.13 | CA$0.36 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Progressive Planet Solutions Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 11.61%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.55%
- • Asset Turnover: 0.70x
- • Equity Multiplier: 1.95x
- Recent ROE (11.61%) is above the historical average (-48.58%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | -47.58% | 0.00% | 0.00x | 1.04x | CA$-306.18K |
| 2009 | -105.61% | 0.00% | 0.00x | 2.95x | CA$-596.61K |
| 2010 | -246.32% | 0.00% | 0.00x | 1.08x | CA$-2.11 Million |
| 2011 | -30.85% | 0.00% | 0.00x | 1.04x | CA$-1.45 Million |
| 2012 | -66.44% | 0.00% | 0.00x | 1.04x | CA$-1.80 Million |
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-2.95 Million |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-1.19 Million |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-449.89K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-572.83K |
| 2017 | -66.83% | 0.00% | 0.00x | 1.14x | CA$-1.50 Million |
| 2018 | -46.08% | 0.00% | 0.00x | 1.05x | CA$-1.40 Million |
| 2019 | -45.04% | 0.00% | 0.00x | 1.06x | CA$-1.52 Million |
| 2020 | -119.04% | -1752.31% | 0.05x | 1.26x | CA$-1.86 Million |
| 2021 | -66.85% | 0.00% | 0.00x | 1.19x | CA$-2.75 Million |
| 2022 | -33.34% | -85.86% | 0.13x | 2.88x | CA$-4.28 Million |
| 2023 | -9.13% | -5.96% | 0.73x | 2.10x | CA$-2.44 Million |
| 2024 | -3.02% | -2.00% | 0.75x | 2.02x | CA$-1.69 Million |
| 2025 | 11.61% | 8.55% | 0.70x | 1.95x | CA$231.40K |
Industry Comparison
This section compares Progressive Planet Solutions 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: $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 |
|---|---|---|---|---|
| Progressive Planet Solutions Inc (PLAN) | CA$16.89 Million | -47.58% | 0.67x | $28.19 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 Progressive Planet Solutions Inc
Progressive Planet Solutions Inc., together with its subsidiaries, primarily engages in the acquisition and exploration of mineral properties in Canada and the United States. The company explores for natural pozzolan deposits. It holds 100% interest in the Z1 Zeolite property located 3 kms northeast of Cache Creek, British Columbia. The company also has an option agreement to acquire 100% interes… Read more