CANADIAN NORTH RESOURCES (EO0) - Net Assets
Based on the latest financial reports, CANADIAN NORTH RESOURCES (EO0) has net assets worth €42.63 Million EUR (≈ $49.83 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€45.93 Million ≈ $53.69 Million USD) and total liabilities (€3.30 Million ≈ $3.86 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 how much debt does CANADIAN NORTH RESOURCES carry for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €42.63 Million |
| % of Total Assets | 92.81% |
| Annual Growth Rate | 16.62% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 21.52 |
CANADIAN NORTH RESOURCES - Net Assets Trend (2021–2025)
This chart illustrates how CANADIAN NORTH RESOURCES's net assets have evolved over time, based on quarterly financial data. Also explore how large is CANADIAN NORTH RESOURCES's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for CANADIAN NORTH RESOURCES (2021–2025)
The table below shows the annual net assets of CANADIAN NORTH RESOURCES from 2021 to 2025. For live valuation and market cap data, see EO0 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €42.63 Million ≈ $49.83 Million |
-1.68% |
| 2024-12-31 | €43.36 Million ≈ $50.69 Million |
-3.66% |
| 2023-12-31 | €45.00 Million ≈ $52.61 Million |
+44.54% |
| 2022-12-31 | €31.13 Million ≈ $36.40 Million |
+35.12% |
| 2021-12-31 | €23.04 Million ≈ $26.94 Million |
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Equity Component Analysis
This analysis shows how different components contribute to CANADIAN NORTH RESOURCES'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 1289071300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €57.98 Million | 136.02% |
| Total Equity | €42.63 Million | 100.00% |
CANADIAN NORTH RESOURCES Competitors by Market Cap
The table below lists competitors of CANADIAN NORTH RESOURCES ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
EnWave Corporation
V:ENW
|
$19.32 Million |
|
Teck Guan Perdana Bhd
KLSE:7439
|
$19.33 Million |
|
Ballymore Resources Ltd
AU:BMR
|
$19.33 Million |
|
Vaswani Industries Limited
NSE:VASWANI
|
$19.33 Million |
|
Alara Resources Ltd
AU:AUQ
|
$19.32 Million |
|
Prodigy Gold NL
AU:PRX
|
$19.32 Million |
|
Logisys Inc
KQ:067730
|
$19.31 Million |
|
TMK Energy Ltd
AU:TMK
|
$19.30 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CANADIAN NORTH RESOURCES's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 43,355,322 to 42,625,967, a change of -729,355 (-1.7%).
- Net loss of 711,866 reduced equity.
- Share repurchases of 76,618 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-711.87K | -1.67% |
| Share Repurchases | €76.62K | -0.18% |
| Other Changes | €59.13K | +0.14% |
| Total Change | €- | -1.68% |
Book Value vs Market Value Analysis
This analysis compares CANADIAN NORTH RESOURCES'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: 0.50x
- 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 0.83x to 0.50x 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 | €0.23 | €0.19 | x |
| 2022-12-31 | €0.30 | €0.19 | x |
| 2023-12-31 | €0.39 | €0.19 | x |
| 2024-12-31 | €0.38 | €0.19 | x |
| 2025-12-31 | €0.37 | €0.19 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CANADIAN NORTH RESOURCES 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): -1.67%
- 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: 1.08x
- Recent ROE (-1.67%) is above the historical average (-7.81%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -6.29% | 0.00% | 0.00x | 1.10x | €-3.75 Million |
| 2022 | -12.51% | 0.00% | 0.00x | 1.11x | €-7.01 Million |
| 2023 | -14.22% | 0.00% | 0.00x | 1.11x | €-10.90 Million |
| 2024 | -4.36% | 0.00% | 0.00x | 1.09x | €-6.22 Million |
| 2025 | -1.67% | 0.00% | 0.00x | 1.08x | €-4.97 Million |
Industry Comparison
This section compares CANADIAN NORTH RESOURCES'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: $1,960,162
- Average return on equity (ROE) among peers: -156.72%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CANADIAN NORTH RESOURCES (EO0) | €42.63 Million | -6.29% | 0.08x | $19.32 Million |
| Scandium International Mining Corp (0E6) | $345.57K | -563.69% | 1.56x | $31.75 Million |
| PROSPECT RIDGE RESOURCES (0ED) | $6.94 Million | -29.20% | 0.07x | $3.47 Million |
| Asiamet Resources Ltd (0FK) | $-123.22K | 0.00% | 0.00x | $29.76 Million |
| Global Li-Ion Graphite Corp (0TD) | $5.20 Million | -61.33% | 0.09x | $370.25K |
| Benz Mining Corp (1VU) | $1.78 Million | -133.34% | 0.04x | $417.32 Million |
| BENZ MINING CORP CDI/1 (1VU0) | $3.51 Million | -359.60% | 0.72x | $397.29 Million |
| Pacific Empire Minerals Corp (1YK) | $244.28K | -277.01% | 1.86x | $8.70 Million |
| PURANIUM ENERGY LTD. (2DK) | $-625.14K | 0.00% | 0.00x | $469.66K |
| TROUBADOUR RESOURCES INC. (2QD0) | $1.61 Million | -22.03% | 0.15x | $70.07K |
| GOLCAP RESOURCES CORP (2SO0) | $712.48K | -120.97% | 1.63x | $2.27 Million |
About CANADIAN NORTH RESOURCES
Canadian North Resources Inc. engages in the exploration and development of mineral properties in Canada. The company primarily explores for nickel, copper, cobalt, palladium, platinum, gold, silver, and rhodium deposits. Its flagship property is the 100% Ferguson Lake property comprising 10 contiguous mining leases covering an area of 9,686 hectares located in the Kivalliq Region of Nunavut, Can… Read more