CLARITY METALS CORP. (27G0) - Net Assets
Based on the latest financial reports, CLARITY METALS CORP. (27G0) has net assets worth €-382.85K EUR (≈ $-447.60K USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€495.42K ≈ $579.20K USD) and total liabilities (€878.27K ≈ $1.03 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. Read total liabilities of CLARITY METALS CORP. for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €-382.85K |
| % of Total Assets | -77.28% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 110.81 |
CLARITY METALS CORP. - Net Assets Trend (2021–2024)
This chart illustrates how CLARITY METALS CORP.'s net assets have evolved over time, based on quarterly financial data. Also explore 27G0 asset base for the complete picture of this company's asset base.
Annual Net Assets for CLARITY METALS CORP. (2021–2024)
The table below shows the annual net assets of CLARITY METALS CORP. from 2021 to 2024. For live valuation and market cap data, see 27G0 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €-492.87K ≈ $-576.22K |
-287.40% |
| 2023-12-31 | €263.00K ≈ $307.48K |
-87.59% |
| 2022-12-31 | €2.12 Million ≈ $2.48 Million |
-28.39% |
| 2021-12-31 | €2.96 Million ≈ $3.46 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to CLARITY METALS 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 507934600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €13.12 Million | % |
| Total Equity | €-492.87K | 100.00% |
CLARITY METALS CORP. Competitors by Market Cap
The table below lists competitors of CLARITY METALS CORP. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
JINGRUI HLDGS LTD DL-01
F:9JW
|
$1.67 Million |
|
NO GRAVITY GAMES ZY -10
F:8YX
|
$1.67 Million |
|
RIDGESTONE MINING INC.
F:4U50
|
$1.67 Million |
|
Impex Ferro Tech Limited
NSE:IMPEXFERRO
|
$1.67 Million |
|
TROC DE L'ILE SA
PA:MLTRO
|
$1.67 Million |
|
BPH Global Ltd
AU:BP8
|
$1.67 Million |
|
Pharmhouse Corp
NASDAQ:PHSE
|
$1.66 Million |
|
Hepion Pharmaceuticals Inc
NASDAQ:HEPA
|
$1.66 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CLARITY METALS CORP.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 263,004 to -492,873, a change of -755,877 (-287.4%).
- Net loss of 1,521,102 reduced equity.
- Other factors increased equity by 765,225.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-1.52 Million | -308.62% |
| Other Changes | €765.23K | +155.26% |
| Total Change | €- | -287.40% |
Book Value vs Market Value Analysis
This analysis compares CLARITY METALS 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 |
|---|---|---|---|
| 2021-12-31 | €0.11 | €0.02 | x |
| 2022-12-31 | €0.05 | €0.02 | x |
| 2023-12-31 | €0.01 | €0.02 | x |
| 2024-12-31 | €-0.01 | €0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CLARITY METALS 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: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-302.22%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -220.38% | 0.00% | 0.00x | 1.18x | €-6.82 Million |
| 2022 | -130.79% | 0.00% | 0.00x | 1.25x | €-2.98 Million |
| 2023 | -857.71% | 0.00% | 0.00x | 3.32x | €-2.28 Million |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | €-1.47 Million |
Industry Comparison
This section compares CLARITY METALS CORP.'s net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $7,168,365,693
- Average return on equity (ROE) among peers: -29.42%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CLARITY METALS CORP. (27G0) | €-382.85K | -220.38% | N/A | $1.67 Million |
| Pearl Gold AG (02P) | $0.00 | 0.00% | 0.00x | $9.35 Million |
| NEWPATH RESOURCES INC. (0MZ) | $-1.67 Million | 0.00% | 0.00x | $556.56K |
| SHAND.GOLD MNG LTD H HD 1 (188H) | $64.38 Billion | 7.36% | 1.65x | $3.13 Billion |
| Asante Gold Corporation (1A9) | $34.84 Million | -215.82% | 19.70x | $566.26 Million |
| American Pacific Mining Corp (1QC1) | $41.94 Million | -24.06% | 0.02x | $19.08 Million |
| SITKA GOLD CORP (1RF) | $43.88 Million | -7.79% | 0.14x | $236.82 Million |
| WALKER RIVER RES CORP (1WV0) | $8.41 Million | -20.86% | 0.06x | $10.69 Million |
| SIXTY NORTH GOLD MIN.LTD. (2F40) | $8.59 Million | -3.66% | 0.05x | $16.59 Million |
| GREENHAWK RESOURCES INC. (2V70) | $-338.95K | 0.00% | 0.00x | $43.10K |
About CLARITY METALS CORP.
Clarity Metals Corp., a mineral exploration company, engages in the acquisition, exploration, and development of mineral projects in Canada. It explores for lithium and precious metals. The company was formerly known as Clarity Gold Corp. and changed its name to Clarity Metals Corp. in December 2022. Clarity Metals Corp. was incorporated in 2019 and is based in Vancouver, Canada.