NEWPATH RESOURCES INC. (0MZ) - Net Assets
Based on the latest financial reports, NEWPATH RESOURCES INC. (0MZ) has net assets worth €-4.31 Million EUR (≈ $-5.04 Million USD) as of January 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€94.73K ≈ $110.75K USD) and total liabilities (€4.41 Million ≈ $5.15 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 NEWPATH RESOURCES INC. assets under control for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €-4.31 Million |
| % of Total Assets | -4554.77% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
NEWPATH RESOURCES INC. - Net Assets Trend (2022–2025)
This chart illustrates how NEWPATH RESOURCES INC.'s net assets have evolved over time, based on quarterly financial data. Check NEWPATH RESOURCES INC. tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for NEWPATH RESOURCES INC. (2022–2025)
The table below shows the annual net assets of NEWPATH RESOURCES INC. from 2022 to 2025. For live valuation and market cap data, see 0MZ stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-04-30 | €-3.69 Million ≈ $-4.32 Million |
-121.83% |
| 2024-04-30 | €-1.67 Million ≈ $-1.95 Million |
-1501.04% |
| 2023-04-30 | €-104.03K ≈ $-121.62K |
-113.16% |
| 2022-04-30 | €790.67K ≈ $924.37K |
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Equity Component Analysis
This analysis shows how different components contribute to NEWPATH 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 575507300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (April 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €31.66 Million | % |
| Total Equity | €-3.69 Million | 100.00% |
NEWPATH RESOURCES INC. Competitors by Market Cap
The table below lists competitors of NEWPATH RESOURCES INC. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Faron Pharmaceuticals Oy
LSE:FARN
|
$561.28K |
|
Splash Beverage Group Inc
NYSE MKT:SBEV
|
$561.46K |
|
GAMES BOX S.A. ZY-10
F:ZN6
|
$562.53K |
|
Goldflare Exploration Inc
V:GOFL
|
$564.64K |
|
T-Bull S.A
WAR:TBL
|
$555.97K |
|
Aperam SA
LSE:0OLF
|
$555.66K |
|
RAFAKO SA
WAR:RFK
|
$555.38K |
|
Bharatiya Global Infomedia Limited
NSE:BGLOBAL
|
$549.99K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in NEWPATH RESOURCES INC.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -1,665,580 to -3,694,707, a change of -2,029,127.
- Net loss of 2,066,502 reduced equity.
- New share issuances of 50,000 increased equity.
- Other factors decreased equity by 12,625.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-2.07 Million | -55.93% |
| Share Issuances | €50.00K | +1.35% |
| Other Changes | €-12.62K | -0.34% |
| Total Change | €- | % |
Book Value vs Market Value Analysis
This analysis compares NEWPATH 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 |
|---|---|---|---|
| 2022-04-30 | €0.13 | €0.04 | x |
| 2023-04-30 | €-0.01 | €0.04 | x |
| 2024-04-30 | €-0.08 | €0.04 | x |
| 2025-04-30 | €-0.17 | €0.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently NEWPATH 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 above the historical average (-353.09%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | -1412.37% | 0.00% | 0.00x | 3.56x | €-11.25 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | €-1.66 Million |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | €-1.85 Million |
| 2025 | 0.00% | 0.00% | 0.00x | 0.00x | €-1.70 Million |
Industry Comparison
This section compares NEWPATH RESOURCES INC.'s net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $3,548,176,501
- Average return on equity (ROE) among peers: -35.92%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| NEWPATH RESOURCES INC. (0MZ) | €-4.31 Million | -1412.37% | N/A | $556.56K |
| Pearl Gold AG (02P) | $69.49 Million | -0.87% | 1.02x | $14.61 Million |
| SHAND.GOLD MNG LTD H HD 1 (188H) | $31.78 Billion | -0.61% | 1.46x | $2.40 Billion |
| Asante Gold Corporation (1A9) | $2.47 Million | -26.97% | 0.96x | $381.76 Million |
| American Pacific Mining Corp (1QC1) | $41.94 Million | -24.06% | 0.02x | $19.08 Million |
| SITKA GOLD CORP (1RF) | $12.16 Million | -10.54% | 0.10x | $236.82 Million |
| WALKER RIVER RES CORP (1WV0) | $8.63 Million | -7.22% | 0.07x | $8.86 Million |
| CLARITY METALS CORP. (27G0) | $2.96 Million | -220.38% | 0.18x | $1.51 Million |
| SIXTY NORTH GOLD MIN.LTD. (2F40) | $8.19 Million | -8.14% | 0.06x | $10.77 Million |
| GREENHAWK RESOURCES INC. (2V70) | $4.54 Million | -24.50% | 0.01x | $43.10K |
About NEWPATH RESOURCES INC.
Newpath Resources Inc. engages in the acquisition, exploration, evaluation, and development of mineral resource properties in Canada. It primarily explores for gold and lithium deposits. The company was formerly known as Ready Set Gold Corp. Newpath Resources Inc. was incorporated in 2006 and is headquartered in Vancouver, Canada.