Prism Resources Inc.
Prism Resources Inc., a natural resources company, engages in the acquisition and exploration of mineral properties. It owns a 7.5% net profit interest in the Aurora and Sunday Lake claims located in the Porcupine Mining District of Ontario, Canada. The company was incorporated in 1969 and is headquartered in Vancouver, Canada.
Prism Resources Inc. (PRS-H) - Net Assets
Latest net assets as of September 2025: CA$-3.21 Million CAD
Based on the latest financial reports, Prism Resources Inc. (PRS-H) has net assets worth CA$-3.21 Million CAD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$6.79K) and total liabilities (CA$3.22 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-3.21 Million |
| % of Total Assets | -47298.23% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Prism Resources Inc. - Net Assets Trend (2021–2024)
This chart illustrates how Prism Resources Inc.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Prism Resources Inc. (2021–2024)
The table below shows the annual net assets of Prism Resources Inc. from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$-3.13 Million | -4.47% |
| 2023-12-31 | CA$-2.99 Million | -4.01% |
| 2022-12-31 | CA$-2.88 Million | -13.31% |
| 2021-12-31 | CA$-2.54 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Prism Resources 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 88109400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$17.39 Million | % |
| Total Equity | CA$-3.13 Million | 100.00% |
Prism Resources Inc. Competitors by Market Cap
The table below lists competitors of Prism Resources Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
EzFill Holdings Inc
NASDAQ:EZFL
|
$1.43 Million |
|
PRIMEENERGY
BE:PEJ
|
$1.43 Million |
|
MT Malcolm Mines NL
AU:M2M
|
$1.43 Million |
|
Australian Critical Minerals Ltd
AU:ACM
|
$1.43 Million |
|
NUCOR - Dusseldorf Stock Exchang
DU:NUO
|
$1.43 Million |
|
Thai Polycons Public Company Limited
BK:TPOLY
|
$1.43 Million |
|
PT Indo American Seafoods Tbk
JK:ISEA
|
$1.43 Million |
|
Oncternal Therapeutics Inc
NASDAQ:ONCT
|
$1.43 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Prism Resources Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -2,992,044 to -3,125,871, a change of -133,827.
- Net loss of 133,827 reduced equity.
- Other factors decreased equity by 0.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-133.83K | -4.28% |
| Total Change | CA$- | % |
Book Value vs Market Value Analysis
This analysis compares Prism Resources Inc.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | CA$-0.05 | CA$0.05 | x |
| 2022-12-31 | CA$-0.06 | CA$0.05 | x |
| 2023-12-31 | CA$-0.06 | CA$0.05 | x |
| 2024-12-31 | CA$-0.06 | CA$0.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Prism Resources Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (0.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-195.75K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-344.26K |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | CA$183.87K |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | CA$178.76K |
Industry Comparison
This section compares Prism Resources 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: $30,833,953
- Average return on equity (ROE) among peers: -67.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Prism Resources Inc. (PRS-H) | CA$-3.21 Million | 0.00% | N/A | $1.43 Million |
| Asbestos Corporation Limited (AB-H) | $-20.02 Million | 0.00% | 0.00x | $467.16K |
| Asiabasemetals Inc (ABZ) | $-394.71K | 0.00% | 0.00x | $1.49 Million |
| Alphamin Res (AFM) | $310.73 Million | 15.51% | 0.36x | $456.79 Million |
| African Metals Corporation (AFR) | $942.26K | -69.83% | 0.14x | $409.36K |
| Bullet Exploration Inc (AMMO) | $2.16 Million | -41.07% | 24.74x | $3.15 Million |
| AM Resources Corp (AMR) | $596.66K | -503.92% | 1.17x | $2.45 Million |
| Andina Copper Corporation (ANDC) | $6.58 Million | -35.34% | 0.01x | $101.97 Million |
| Auriginal Mining Corp. (AUME) | $8.45 Million | -20.72% | 0.21x | $6.12 Million |
| Aurora Royalties Inc (AUR-H) | $350.13K | -16.93% | 0.05x | $266.34K |
| Balto Resources Ltd (BAL-H) | $-1.07 Million | 0.00% | 0.00x | $375.18K |