ARRAS MINERALS CORP. (9RJ) - Net Assets
Based on the latest financial reports, ARRAS MINERALS CORP. (9RJ) has net assets worth €13.42 Million EUR (≈ $15.69 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 (€14.34 Million ≈ $16.76 Million USD) and total liabilities (€914.00K ≈ $1.07 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 9RJ total debt and obligations for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €13.42 Million |
| % of Total Assets | 93.63% |
| Annual Growth Rate | 17.59% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 48.32 |
ARRAS MINERALS CORP. - Net Assets Trend (2021–2025)
This chart illustrates how ARRAS MINERALS CORP.'s net assets have evolved over time, based on quarterly financial data. Also explore ARRAS MINERALS CORP. total assets for the complete picture of this company's asset base.
Annual Net Assets for ARRAS MINERALS CORP. (2021–2025)
The table below shows the annual net assets of ARRAS MINERALS CORP. from 2021 to 2025. For live valuation and market cap data, see 9RJ market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-10-31 | €13.86 Million ≈ $16.21 Million |
+105.84% |
| 2024-10-31 | €6.74 Million ≈ $7.87 Million |
+19.40% |
| 2023-10-31 | €5.64 Million ≈ $6.59 Million |
-3.89% |
| 2022-10-31 | €5.87 Million ≈ $6.86 Million |
-19.05% |
| 2021-10-31 | €7.25 Million ≈ $8.48 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to ARRAS MINERALS 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 2482197100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (October 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €40.80 Million | 294.28% |
| Total Equity | €13.86 Million | 100.00% |
ARRAS MINERALS CORP. Competitors by Market Cap
The table below lists competitors of ARRAS MINERALS CORP. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Arlitech Electronic
TWO:6432
|
$58.47 Million |
|
Lunnon Metals Ltd
AU:LM8
|
$58.47 Million |
|
Comunication Weaver Co.Ltd
KQ:056360
|
$58.50 Million |
|
NEW STRATUS ENERGY
F:80N
|
$58.52 Million |
|
Arrienda Rental Properties SOCIMI SA
MC:YARP
|
$58.42 Million |
|
Forsys Metals Corp.
TO:FSY
|
$58.42 Million |
|
Hansol Csn
KO:009180
|
$58.37 Million |
|
Airgain Inc
NASDAQ:AIRG
|
$58.36 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ARRAS MINERALS CORP.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 6,735,161 to 13,863,428, a change of 7,128,267 (105.8%).
- Net loss of 10,956,563 reduced equity.
- New share issuances of 10,763,235 increased equity.
- Other factors increased equity by 7,321,595.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-10.96 Million | -79.03% |
| Share Issuances | €10.76 Million | +77.64% |
| Other Changes | €7.32 Million | +52.81% |
| Total Change | €- | 105.84% |
Book Value vs Market Value Analysis
This analysis compares ARRAS MINERALS 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: 4.49x
- 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 3.70x to 4.49x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-10-31 | €0.14 | €0.51 | x |
| 2022-10-31 | €0.11 | €0.51 | x |
| 2023-10-31 | €0.08 | €0.51 | x |
| 2024-10-31 | €0.08 | €0.51 | x |
| 2025-10-31 | €0.11 | €0.51 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ARRAS MINERALS 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): -79.03%
- 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: 1.05x
- Recent ROE (-79.03%) is below the historical average (-78.68%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | -101.30% | 0.00% | 0.00x | 1.13x | €-6.53 Million |
| 2023 | -101.37% | 0.00% | 0.00x | 1.14x | €-6.28 Million |
| 2024 | -33.00% | 0.00% | 0.00x | 1.25x | €-2.90 Million |
| 2025 | -79.03% | 0.00% | 0.00x | 1.05x | €-12.34 Million |
Industry Comparison
This section compares ARRAS MINERALS CORP.'s net assets metrics with peer companies in the Other Precious Metals & Mining industry.
Industry Context
- Industry: Other Precious Metals & Mining
- Average net assets among peers: $5,153,768,799
- Average return on equity (ROE) among peers: -5.72%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ARRAS MINERALS CORP. (9RJ) | €13.42 Million | -101.30% | 0.07x | $58.47 Million |
| ALLIANZ TECHNO.TR.LS-025 (28X) | $1.72 Million | 28.88% | 0.04x | $557.41 Million |
| China Silver Group Limited (2CS) | $2.77 Billion | 10.32% | 0.28x | $138.44 Million |
| FORTE MINERALS CORP. (2OA) | $1.21 Million | -42.42% | 0.16x | $57.96 Million |
| Manhattan Corporation Limited (32U) | $8.04 Million | -7.45% | 0.01x | $6.19 Million |
| FUTURE METALS NL (3R10) | $24.72 Million | 0.00% | 0.09x | $7.28 Million |
| Sibanye Stillwater Limited (47VS) | $48.29 Billion | -15.11% | 1.86x | $7.93 Billion |
| MONTEGO RESOURCES INC. (4MO) | $-983.94K | 0.00% | 0.00x | $18.41K |
| Gemfields Group Limited (5PH) | $402.78 Million | -20.39% | 0.52x | $72.42 Million |
| INFLECTION RESOURCES LTD. (5VJ) | $12.15 Million | -8.69% | 0.02x | $17.06 Million |
| Hammer Metals Limited (6HM) | $26.60 Million | -2.30% | 0.06x | $9.82 Million |
About ARRAS MINERALS CORP.
Arras Minerals Corp. engages in the acquisition, exploration, evaluation, and development of mineral properties Kazakhstan. The company explores copper and gold. It holds an option to acquire a 100% interest in the Beskauga project located in Kazakhstan. The company also holds 100% interest in the Elemes copper-gold porphyry project which consists of two exploration licenses which covers an area … Read more