Mustang Energy Corp. (92T) - Net Assets
Based on the latest financial reports, Mustang Energy Corp. (92T) has net assets worth €12.49 Million EUR as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€13.31 Million) and total liabilities (€814.96K). 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 | €12.49 Million |
| % of Total Assets | 93.88% |
| Annual Growth Rate | 231.59% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 170.61 |
Mustang Energy Corp. - Net Assets Trend (2021–2024)
This chart illustrates how Mustang Energy Corp.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Mustang Energy Corp. (2021–2024)
The table below shows the annual net assets of Mustang Energy Corp. from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €9.57 Million | +503.80% |
| 2023-12-31 | €1.58 Million | +106.86% |
| 2022-12-31 | €766.06K | +192.13% |
| 2021-12-31 | €262.23K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Mustang Energy 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 190401300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €15.57 Million | 162.73% |
| Total Equity | €9.57 Million | 100.00% |
Mustang Energy Corp. Competitors by Market Cap
The table below lists competitors of Mustang Energy Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SThree plc
LSE:STEM
|
$2.39 Million |
|
M N C Wireless Bhd
KLSE:0103
|
$2.39 Million |
|
New Tech Capital S.A.
WAR:NTC
|
$2.40 Million |
|
Tessin Nordic Holding AB
ST:TESSIN
|
$2.40 Million |
|
JEMTEC Inc
V:JTC
|
$2.39 Million |
|
Concurrent Technologies Plc
LSE:CNC
|
$2.38 Million |
|
Lord Resources Ltd
AU:LRD
|
$2.38 Million |
|
Literacy Capital PLC
LSE:BOOK
|
$2.38 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mustang Energy Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,584,666 to 9,568,260, a change of 7,983,594 (503.8%).
- Net loss of 2,190,288 reduced equity.
- New share issuances of 3,552,950 increased equity.
- Other factors increased equity by 6,620,932.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-2.19 Million | -22.89% |
| Share Issuances | €3.55 Million | +37.13% |
| Other Changes | €6.62 Million | +69.2% |
| Total Change | €- | 503.80% |
Book Value vs Market Value Analysis
This analysis compares Mustang Energy 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: 0.14x
- 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.
- The price-to-book ratio has decreased from 1.73x to 0.14x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | €0.01 | €0.02 | x |
| 2022-12-31 | €0.03 | €0.02 | x |
| 2023-12-31 | €0.06 | €0.02 | x |
| 2024-12-31 | €0.16 | €0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mustang Energy 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): -22.89%
- 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: 1.07x
- Recent ROE (-22.89%) is above the historical average (-31.21%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -84.11% | 0.00% | 0.00x | 1.11x | €-246.78K |
| 2022 | -69.49% | 0.00% | 0.00x | 1.04x | €-608.94K |
| 2023 | 51.66% | 0.00% | 0.00x | 1.02x | €660.14K |
| 2024 | -22.89% | 0.00% | 0.00x | 1.07x | €-3.15 Million |
Industry Comparison
This section compares Mustang Energy Corp.'s net assets metrics with peer companies in the Uranium industry.
Industry Context
- Industry: Uranium
- Average net assets among peers: $14,574,449
- Average return on equity (ROE) among peers: -19.95%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mustang Energy Corp. (92T) | €12.49 Million | -84.11% | 0.07x | $2.39 Million |
| Global Uranium and Enrichment Limited (26O0) | $33.59 Million | -10.11% | 0.01x | $18.59 Million |
| Nevada Exploration Inc (28N) | $2.05 Million | -211.32% | 0.06x | $10.41 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 |
| 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 Mustang Energy Corp.
Mustang Energy Corp. engages in the exploration of resource properties in Canada. It explores for uranium deposits. Its flagship property is the 100% owned Ford Lake project, which consists of four claims covering an area of 7,743 hectares located in the eastern Athabasca Basin. The company was formerly known as Glorious Creation Limited and changed its name to Mustang Energy Corp. in June 2024. … Read more