ZincX Resources Corp Net Assets
ZincX Resources Corp net assets. Based on the latest financial reports, ZincX Resources Corp (ZNX) has net assets worth CA$23.24 Million CAD (≈ $16.81 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$25.14 Million ≈ $18.18 Million USD) and total liabilities (CA$1.90 Million ≈ $1.37 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. Also explore net asset growth rate of ZincX Resources Corp to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$23.24 Million |
| % of Total Assets | 92.45% |
| Annual Growth Rate | -15.45% |
| 5-Year Change | -68.26% |
| 10-Year Change | N/A |
| Growth Volatility | 23.31 |
Net Assets of ZincX Resources Corp (2017–2024)
Net assets of ZincX Resources Corp from 2017 to 2024. This chart illustrates how ZincX Resources Corp's net assets have evolved over time, based on quarterly financial data. See debt-free asset ratio of ZincX Resources Corp to measure how much of total assets are equity-financed.
Annual Net Assets for ZincX Resources Corp (2017–2024)
The table below shows the annual net assets of ZincX Resources Corp from 2017 to 2024. For live market cap and overall valuation, see ZincX Resources Corp market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | CA$24.02 Million ≈ $17.37 Million |
-2.39% |
| 2023-06-30 | CA$24.60 Million ≈ $17.80 Million |
-67.43% |
| 2022-06-30 | CA$75.54 Million ≈ $54.64 Million |
-1.10% |
| 2021-06-30 | CA$76.38 Million ≈ $55.25 Million |
+0.95% |
| 2020-06-30 | CA$75.66 Million ≈ $54.73 Million |
-1.11% |
| 2019-06-30 | CA$76.51 Million ≈ $55.34 Million |
-0.44% |
| 2018-06-30 | CA$76.84 Million ≈ $55.59 Million |
-1.19% |
| 2017-06-30 | CA$77.76 Million ≈ $56.25 Million |
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Equity Component Analysis
This analysis shows how different components contribute to ZincX Resources 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 5908258400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
ZincX Resources Corp Net Assets Breakdown (June 2024)
ZincX Resources Corp net assets breakdown by equity component as of June 2024.
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$119.76 Million | 498.65% |
| Total Equity | CA$24.02 Million | 100.00% |
ZincX Resources Corp Competitors by Market Cap
The table below lists competitors of ZincX Resources Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sab Events & Governance Now Media Limited
NSE:SABEVENTS
|
$15.03 Million |
|
Pinnacle Food Group Limited Class A Common Shares
NASDAQ:PFAI
|
$15.03 Million |
|
Ba Ria Thermal Power JSC
VN:BTP
|
$15.05 Million |
|
Par Drugs And Chemicals Limited
NSE:PAR
|
$15.06 Million |
|
NBT Inc.
KQ:236810
|
$15.03 Million |
|
Samyoung S&C Co. Ltd.
KQ:361670
|
$15.03 Million |
|
Société Hôtelière et Immobilière de Nice S.A.
PA:MLHIN
|
$15.02 Million |
|
P3 Health Partners Inc
NASDAQ:PIII
|
$15.02 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ZincX Resources Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 24,604,772 to 24,016,624, a change of -588,148 (-2.4%).
- Net loss of 888,739 reduced equity.
- Other factors increased equity by 300,591.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-888.74K | -3.7% |
| Other Changes | CA$300.59K | +1.25% |
| Total Change | CA$- | -2.39% |
Book Value vs Market Value Analysis
This analysis compares ZincX Resources 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: 2.46x
- 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 0.66x to 2.46x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-06-30 | CA$0.48 | CA$0.32 | x |
| 2018-06-30 | CA$0.46 | CA$0.32 | x |
| 2019-06-30 | CA$0.45 | CA$0.32 | x |
| 2020-06-30 | CA$0.44 | CA$0.32 | x |
| 2021-06-30 | CA$0.43 | CA$0.32 | x |
| 2022-06-30 | CA$0.42 | CA$0.32 | x |
| 2023-06-30 | CA$0.13 | CA$0.32 | x |
| 2024-06-30 | CA$0.13 | CA$0.32 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ZincX Resources Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -3.70%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.06x
- Recent ROE (-3.70%) is below the historical average (-2.10%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -2.61% | 0.00% | 0.00x | 1.03x | CA$-9.80 Million |
| 2018 | -2.37% | 0.00% | 0.00x | 1.03x | CA$-9.50 Million |
| 2019 | -2.16% | 0.00% | 0.00x | 1.03x | CA$-9.31 Million |
| 2020 | -1.59% | 0.00% | 0.00x | 1.04x | CA$-8.77 Million |
| 2021 | -0.96% | 0.00% | 0.00x | 1.05x | CA$-8.37 Million |
| 2022 | -1.12% | 0.00% | 0.00x | 1.04x | CA$-8.40 Million |
| 2023 | -2.29% | 0.00% | 0.00x | 1.06x | CA$-3.03 Million |
| 2024 | -3.70% | 0.00% | 0.00x | 1.06x | CA$-3.29 Million |
Industry Comparison
This section compares ZincX Resources 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: $20,486,864
- Average return on equity (ROE) among peers: -11.12%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ZincX Resources Corp (ZNX) | CA$23.24 Million | -2.61% | 0.08x | $15.03 Million |
| Aftermath Silver Ltd (AAG) | $-553.76K | 0.00% | 0.00x | $113.94 Million |
| Aton Resources Inc (AAN) | $-9.99 Million | 0.00% | 0.00x | $31.35 Million |
| Arbor Metals Corp (ABR) | $-81.69K | 0.00% | 0.00x | $4.10 Million |
| Asiabasemetals Inc (ABZ) | $-30.55K | 0.00% | 0.00x | $1.82 Million |
| Adex Mining Inc (ADE) | $-5.15 Million | 0.00% | 0.00x | $61.24 Million |
| Alphamin Res (AFM) | $174.59 Million | 2.85% | 0.82x | $1.16 Billion |
| Silver X Mining Corp (AGX) | $6.99 Million | -54.56% | 0.04x | $128.73 Million |
| Amarc Resources Ltd. (AHR) | $5.20 Million | -41.43% | 0.02x | $165.20 Million |
| Almonty Industries Inc (AII) | $45.62 Million | -18.06% | 2.51x | $3.18 Billion |
| Aldebaran Resources Inc (ALDE) | $-11.72 Million | 0.00% | 0.00x | $470.67 Million |
About ZincX Resources Corp
ZincX Resources Corp. engages in the acquisition, exploration, development, and evaluation of mineral resource properties in Canada. It primarily explores for zinc, lead, and silver deposits. The company's flagship project is the 100% owned Akie property comprising 46 mineral claims covering an area of 116 square kilometers located in northeastern British Columbia. The company was formerly known … Read more