Nevada Exploration Inc (28N) - Net Assets
Based on the latest financial reports, Nevada Exploration Inc (28N) has net assets worth €2.16 Million EUR as of October 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€2.46 Million) and total liabilities (€300.54K). 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 | €2.16 Million |
| % of Total Assets | 87.77% |
| Annual Growth Rate | -28.85% |
| 5-Year Change | -94.83% |
| 10-Year Change | N/A |
| Growth Volatility | 290.49 |
Nevada Exploration Inc - Net Assets Trend (2017–2025)
This chart illustrates how Nevada Exploration 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 Nevada Exploration Inc (2017–2025)
The table below shows the annual net assets of Nevada Exploration Inc from 2017 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-04-30 | €59.28K | -57.38% |
| 2024-04-30 | €139.08K | +120.99% |
| 2023-04-30 | €-662.56K | -130.86% |
| 2022-04-30 | €2.15 Million | +87.11% |
| 2021-04-30 | €1.15 Million | +765.48% |
| 2020-04-30 | €132.58K | -93.54% |
| 2019-04-30 | €2.05 Million | +225.71% |
| 2018-04-30 | €629.69K | -30.21% |
| 2017-04-30 | €902.27K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Nevada Exploration 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 2267585600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (April 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €43.84 Million | 73941.96% |
| Total Equity | €59.28K | 100.00% |
Nevada Exploration Inc Competitors by Market Cap
The table below lists competitors of Nevada Exploration Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ASIA-PACIFIC STR.INV.LTD.
F:2HN
|
$10.42 Million |
|
Jianzhi Education Technology Group Company Limited American Depositary Shares
NASDAQ:JZ
|
$10.42 Million |
|
EURO MANGANESE CDI/1
F:E06A
|
$10.42 Million |
|
mVISE AG
XETRA:C1V
|
$10.43 Million |
|
Mitra Angkasa Sejahtera PT Tbk
JK:BAUT
|
$10.41 Million |
|
NEXTCHIP Co. Ltd
KQ:092600
|
$10.41 Million |
|
Saraswati Griya Lestari Tbk
JK:HOTL
|
$10.40 Million |
|
Kordellos Ch. Bros S.A
AT:KORDE
|
$10.40 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nevada Exploration Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 139,082 to 59,283, a change of -79,799 (-57.4%).
- Net loss of 1,162,833 reduced equity.
- New share issuances of 880,000 increased equity.
- Other factors increased equity by 203,034.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-1.16 Million | -1961.49% |
| Share Issuances | €880.00K | +1484.41% |
| Other Changes | €203.03K | +342.48% |
| Total Change | €- | -57.38% |
Book Value vs Market Value Analysis
This analysis compares Nevada Exploration 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
- Current price-to-book ratio: 98.29x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 9.19x to 98.29x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-04-30 | €0.02 | €0.18 | x |
| 2018-04-30 | €0.01 | €0.18 | x |
| 2019-04-30 | €0.02 | €0.18 | x |
| 2020-04-30 | €0.00 | €0.18 | x |
| 2021-04-30 | €0.01 | €0.18 | x |
| 2022-04-30 | €0.01 | €0.18 | x |
| 2023-04-30 | €-0.10 | €0.18 | x |
| 2024-04-30 | €0.01 | €0.18 | x |
| 2025-04-30 | €0.00 | €0.18 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nevada Exploration 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): -1961.49%
- 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: 3.94x
- Recent ROE (-1961.49%) is below the historical average (-902.58%), 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 | -327.54% | 0.00% | 0.00x | 1.12x | €-3.05 Million |
| 2018 | -455.21% | 0.00% | 0.00x | 1.14x | €-2.93 Million |
| 2019 | -211.32% | 0.00% | 0.00x | 1.06x | €-4.54 Million |
| 2020 | -3873.45% | 0.00% | 0.00x | 3.38x | €-5.15 Million |
| 2021 | -291.74% | 0.00% | 0.00x | 1.44x | €-3.46 Million |
| 2022 | -183.35% | 0.00% | 0.00x | 1.20x | €-4.15 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | €-3.05 Million |
| 2024 | -819.16% | 0.00% | 0.00x | 3.06x | €-1.15 Million |
| 2025 | -1961.49% | 0.00% | 0.00x | 3.94x | €-1.17 Million |
Industry Comparison
This section compares Nevada Exploration Inc's net assets metrics with peer companies in the Uranium industry.
Industry Context
- Industry: Uranium
- Average net assets among peers: $15,409,706
- Average return on equity (ROE) among peers: 0.99%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nevada Exploration Inc (28N) | €2.16 Million | -327.54% | 0.14x | $10.41 Million |
| Global Uranium and Enrichment Limited (26O0) | $33.59 Million | -10.11% | 0.01x | $18.59 Million |
| CENTRUS ENERGY DL-10 (4CU) | $32.30 Million | 261.30% | 23.65x | $3.08 Billion |
| Western Uranium & Vanadium Corp (7WT) | $23.10 Million | -8.98% | 0.19x | $33.88 Million |
| Mustang Energy Corp. (92T) | $9.57 Million | -22.89% | 0.07x | $2.39 Million |
| APPIA RARE EARTH+U O.N. (A0I0) | $24.77 Million | -8.66% | 0.13x | $21.12 Million |
| Azincourt Energy Corp (A0U0) | $6.48 Million | -49.02% | 0.05x | $3.37 Million |
| Terra Clean Energy Corp. (C9O0) | $799.46K | -18.33% | 0.05x | $2.65 Million |
| New Earth Resources Corp. (G7I0) | $3.94 Million | -9.86% | 0.08x | $3.68 Million |
| P5X0 (P5X0) | $4.15 Million | -124.58% | 0.07x | $23.70 Million |
About Nevada Exploration Inc
URZ3 Energy Corp. engages in the acquisition, exploration, and development of mineral properties in the United States and Canada. It primarily explores for gold. The company holds a 100% interest in the Southeast Athabasca Basin Uranium Project, which consists of 35,467 hectares located on the southeastern margin of the Athabasca Basin, Saskatchewan; the South Grass Valley project; and the Dry Fo… Read more