FATHOM NICKEL INC. (6Q5) - Net Assets
Based on the latest financial reports, FATHOM NICKEL INC. (6Q5) has net assets worth €19.02 Million EUR (≈ $22.23 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€19.18 Million ≈ $22.42 Million USD) and total liabilities (€163.50K ≈ $191.14K 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 FATHOM NICKEL INC. balance sheet liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €19.02 Million |
| % of Total Assets | 99.15% |
| Annual Growth Rate | 12.2% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 12.4 |
FATHOM NICKEL INC. - Net Assets Trend (2021–2024)
This chart illustrates how FATHOM NICKEL INC.'s net assets have evolved over time, based on quarterly financial data. Also explore 6Q5 total asset value for the complete picture of this company's asset base.
Annual Net Assets for FATHOM NICKEL INC. (2021–2024)
The table below shows the annual net assets of FATHOM NICKEL INC. from 2021 to 2024. For live valuation and market cap data, see 6Q5 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €18.19 Million ≈ $21.27 Million |
+3.34% |
| 2023-12-31 | €17.61 Million ≈ $20.58 Million |
+30.37% |
| 2022-12-31 | €13.50 Million ≈ $15.79 Million |
+4.85% |
| 2021-12-31 | €12.88 Million ≈ $15.06 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to FATHOM NICKEL 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 420482400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €27.76 Million | 152.60% |
| Total Equity | €18.19 Million | 100.00% |
FATHOM NICKEL INC. Competitors by Market Cap
The table below lists competitors of FATHOM NICKEL INC. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sunshine Biopharma Inc
NASDAQ:SBFM
|
$5.40 Million |
|
GLOW LIFETECH CORP.
F:9DO
|
$5.40 Million |
|
Can Fite Biopharma Ltd
TA:CANF
|
$5.40 Million |
|
Nippon Active Value Fund Plc
LSE:NAVF
|
$5.41 Million |
|
CARLSON INV. ZY 13
F:2HB
|
$5.40 Million |
|
Cheer Holding Inc.
NASDAQ:CHR
|
$5.39 Million |
|
DSS Inc
NYSE MKT:DSS
|
$5.39 Million |
|
Joe Holding Bhd
KLSE:7096
|
$5.38 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in FATHOM NICKEL INC.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 17,605,402 to 18,193,607, a change of 588,205 (3.3%).
- Net loss of 1,003,259 reduced equity.
- New share issuances of 1,508,214 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-1.00 Million | -5.51% |
| Share Issuances | €1.51 Million | +8.29% |
| Other Changes | €83.25K | +0.46% |
| Total Change | €- | 3.34% |
Book Value vs Market Value Analysis
This analysis compares FATHOM NICKEL 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: 0.20x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | €0.23 | €0.02 | x |
| 2022-12-31 | €0.16 | €0.02 | x |
| 2023-12-31 | €0.14 | €0.02 | x |
| 2024-12-31 | €0.12 | €0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently FATHOM NICKEL 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): -5.51%
- 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: 1.03x
- Recent ROE (-5.51%) is above the historical average (-15.65%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -36.94% | 0.00% | 0.00x | 1.12x | €-6.05 Million |
| 2022 | -8.49% | 0.00% | 0.00x | 1.05x | €-2.50 Million |
| 2023 | -11.67% | 0.00% | 0.00x | 1.04x | €-3.82 Million |
| 2024 | -5.51% | 0.00% | 0.00x | 1.03x | €-2.82 Million |
Industry Comparison
This section compares FATHOM NICKEL 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: $13,665,172
- Average return on equity (ROE) among peers: -60.82%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| FATHOM NICKEL INC. (6Q5) | €19.02 Million | -36.94% | 0.01x | $5.40 Million |
| Scandium International Mining Corp (0E6) | $3.10 Million | -89.51% | 0.07x | $17.79 Million |
| Asiamet Resources Ltd (0FK) | $-286.00K | 0.00% | 0.00x | $25.79 Million |
| Global Li-Ion Graphite Corp (0TD) | $3.82 Million | -29.84% | 0.10x | $581.83K |
| Benz Mining Corp (1VU) | $3.51 Million | -359.60% | 0.72x | $221.87 Million |
| Pacific Empire Minerals Corp (1YK) | $576.94K | -51.70% | 0.11x | $7.21 Million |
| PURANIUM ENERGY LTD. (2DK) | $-93.86K | 0.00% | 0.00x | $469.66K |
| TROUBADOUR RESOURCES INC. (2QD0) | $7.88 Million | -26.62% | 0.08x | $1.14 Million |
| GOLCAP RESOURCES CORP (2SO0) | $-2.39K | 0.00% | 0.00x | $2.74 Million |
| CDN Maverick Capital Corp. (338B) | $4.61 Million | -41.96% | 0.12x | $2.29 Million |
| Adriatic Metals Plc (3FN) | $113.54 Million | -8.98% | 0.16x | $1.23 Billion |
About FATHOM NICKEL INC.
Fathom Nickel Inc., an exploration stage company, engages in identification, acquisition, and exploration of the base and precious metals for use in electric vehicle and battery markets in Canada. It primarily explores for nickel, copper, palladium, and platinum deposits. The company's flagship project is the Albert Lake Project which consists of 31 mineral claims covering an area of 90,460 hecta… Read more