ProAm Explorations Corp (PMX) - Net Assets
Based on the latest financial reports, ProAm Explorations Corp (PMX) has net assets worth CA$-181.51K CAD (≈ $-131.30K 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$74.88K ≈ $54.17K USD) and total liabilities (CA$256.39K ≈ $185.47K USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Read debt load of ProAm Explorations Corp for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-181.51K |
| % of Total Assets | -242.39% |
| Annual Growth Rate | N/A |
| 5-Year Change | -126.6% |
| 10-Year Change | -127.85% |
| Growth Volatility | 60.71 |
ProAm Explorations Corp - Net Assets Trend (2013–2024)
This chart illustrates how ProAm Explorations Corp's net assets have evolved over time, based on quarterly financial data. Also explore ProAm Explorations Corp (PMX) total assets for the complete picture of this company's asset base.
Annual Net Assets for ProAm Explorations Corp (2013–2024)
The table below shows the annual net assets of ProAm Explorations Corp from 2013 to 2024. For live valuation and market cap data, see ProAm Explorations Corp market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$-126.26K ≈ $-91.33K |
-125.41% |
| 2023-12-31 | CA$496.84K ≈ $359.41K |
-29.92% |
| 2022-12-31 | CA$708.98K ≈ $512.87K |
-4.96% |
| 2021-12-31 | CA$745.99K ≈ $539.64K |
+57.19% |
| 2020-12-31 | CA$474.58K ≈ $343.31K |
+82.53% |
| 2019-12-31 | CA$260.00K ≈ $188.08K |
-17.64% |
| 2018-12-31 | CA$315.67K ≈ $228.35K |
-24.59% |
| 2017-12-31 | CA$418.61K ≈ $302.82K |
-10.24% |
| 2016-12-31 | CA$466.37K ≈ $337.36K |
+2.89% |
| 2015-12-31 | CA$453.27K ≈ $327.89K |
-19.78% |
| 2014-12-31 | CA$565.02K ≈ $408.73K |
+111.49% |
| 2013-12-31 | CA$267.17K ≈ $193.26K |
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Equity Component Analysis
This analysis shows how different components contribute to ProAm Explorations 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 146720700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$10.75 Million | % |
| Total Equity | CA$-126.26K | 100.00% |
ProAm Explorations Corp Competitors by Market Cap
The table below lists competitors of ProAm Explorations Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mercia Technologies PLC
LSE:MERC
|
$1.52 Million |
|
Trufin PLC
LSE:TRU
|
$1.52 Million |
|
Centaurus Energy Inc
V:CTA
|
$1.52 Million |
|
Central China Real Estate Limited
F:AJ5
|
$1.52 Million |
|
Avinger Inc
NASDAQ:AVGR
|
$1.52 Million |
|
Eagle Eye Solutions Group plc
LSE:EYE
|
$1.52 Million |
|
INCUVO S.A. ZY -50
F:68X
|
$1.51 Million |
|
Yida China Holdings Ltd
STU:YC2
|
$1.51 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ProAm Explorations Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 496,842 to -126,256, a change of -623,098 (-125.4%).
- Net loss of 619,063 reduced equity.
- Other factors decreased equity by 4,035.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-619.06K | -490.32% |
| Other Changes | CA$-4.04K | -3.2% |
| Total Change | CA$- | -125.41% |
Book Value vs Market Value Analysis
This analysis compares ProAm Explorations 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$0.08 | CA$0.14 | x |
| 2018-12-31 | CA$0.06 | CA$0.14 | x |
| 2019-12-31 | CA$0.04 | CA$0.14 | x |
| 2020-12-31 | CA$0.04 | CA$0.14 | x |
| 2021-12-31 | CA$0.05 | CA$0.14 | x |
| 2022-12-31 | CA$0.04 | CA$0.14 | x |
| 2023-12-31 | CA$0.06 | CA$0.14 | x |
| 2024-12-31 | CA$-0.02 | CA$0.14 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ProAm Explorations Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -10680.87%
- • Asset Turnover: 0.19x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-23.67%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -67.48% | -108.60% | 0.23x | 2.72x | CA$-207.01K |
| 2014 | 14.90% | 48.81% | 0.26x | 1.18x | CA$27.70K |
| 2015 | -33.52% | -226.91% | 0.11x | 1.29x | CA$-197.24K |
| 2016 | 4.50% | 66.19% | 0.06x | 1.21x | CA$-25.65K |
| 2017 | -7.20% | -86.05% | 0.07x | 1.26x | CA$-72.00K |
| 2018 | -36.54% | -436.77% | 0.05x | 1.54x | CA$-146.91K |
| 2019 | -68.05% | -593.15% | 0.08x | 1.51x | CA$-202.92K |
| 2020 | -30.48% | -446.05% | 0.05x | 1.31x | CA$-192.09K |
| 2021 | -3.33% | -55.92% | 0.05x | 1.23x | CA$-99.41K |
| 2022 | -12.87% | -285.51% | 0.03x | 1.32x | CA$-162.15K |
| 2023 | -43.94% | -3501.96% | 0.01x | 1.25x | CA$-268.00K |
| 2024 | 0.00% | -10680.87% | 0.19x | 0.00x | CA$-606.44K |
Industry Comparison
This section compares ProAm Explorations Corp's net assets metrics with peer companies in the Oil & Gas E&P industry.
Industry Context
- Industry: Oil & Gas E&P
- Average net assets among peers: $512,017,913
- Average return on equity (ROE) among peers: -32.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ProAm Explorations Corp (PMX) | CA$-181.51K | -67.48% | N/A | $1.52 Million |
| Advantage Oil & Gas Ltd. (AAV) | $1.38 Billion | -0.55% | 0.76x | $1.24 Billion |
| Africa Energy Corp (AFE) | $75.11 Million | -1.46% | 0.10x | $71.06 Million |
| Alvopetro Energy (ALV) | $55.87 Million | -9.44% | 0.28x | $220.81 Million |
| Africa Oil Corp (AOI) | $5.79 Million | -13.53% | 0.01x | $820.85 Million |
| Altima Resources Ltd (ARH) | $19.56 Million | -8.72% | 0.40x | $19.37 Million |
| ARC Resources Ltd. (ARX) | $3.40 Billion | 7.09% | 0.69x | $13.09 Billion |
| Athabasca Oil Corp (ATH) | $172.05 Million | -43.97% | 4.19x | $4.19 Billion |
| Altai Resources Inc. (ATI) | $4.85 Million | -2.95% | 0.09x | $1.12 Million |
| Avanti Energy Inc (AVN) | $-810.66K | 0.00% | 0.00x | $24.04 Million |
| Arrow Exploration Corp (AXL) | $12.79 Million | -251.95% | 1.62x | $90.99 Million |
About ProAm Explorations Corp
ProAm Explorations Corporation engages in oil and gas production, and exploration and development of its exploration and evaluation assets in Canada and the United States. The company holds 100% interest in the Golden Ridge Project. The company was incorporated in 1970 and is headquartered in Vancouver, Canada.