Greenridge Exploration Inc.
Greenridge Exploration Inc. engages in the mineral exploration activities in Canada. The company explores for nickel, lithium, copper, cobalt, uranium, and gold deposits. The company was formerly known as 1392210 B.C. Ltd. and changed its name to Greenridge Exploration Inc. in April 2023. Greenridge Exploration Inc. was incorporated in 2022 and is headquartered in Vancouver, Canada.
Greenridge Exploration Inc. (HW3) - Net Assets
Latest net assets as of May 2025: €23.02 Million EUR
Based on the latest financial reports, Greenridge Exploration Inc. (HW3) has net assets worth €23.02 Million EUR as of May 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€23.75 Million) and total liabilities (€726.91K). 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 | €23.02 Million |
| % of Total Assets | 96.94% |
| Annual Growth Rate | 656.49% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Greenridge Exploration Inc. - Net Assets Trend (2023–2024)
This chart illustrates how Greenridge 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 Greenridge Exploration Inc. (2023–2024)
The table below shows the annual net assets of Greenridge Exploration Inc. from 2023 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-08-31 | €5.01 Million | +659.64% |
| 2023-08-31 | €659.89K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Greenridge 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 285005900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (August 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €7.88 Million | 157.15% |
| Total Equity | €5.01 Million | 100.00% |
Greenridge Exploration Inc. Competitors by Market Cap
The table below lists competitors of Greenridge Exploration Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TTW PCL
STU:F1P
|
$2.47K |
|
Virtual Interactive Technologies Corp
PINK:VRVR
|
$2.48K |
|
MRDIYT
BK:MRDIYT
|
$2.48K |
|
Ismailia Misr Poultry
EGX:ISMA
|
$2.48K |
|
XINJIANG XINXIN -H- (33X1.SG)
STU:33X1
|
$2.47K |
|
CarePayment Technologies Inc
PINK:CPYT
|
$2.47K |
|
Advanced Microelectronic Products,Inc.
TWO:6287
|
$2.47K |
|
A Soriano Corp
PSE:ANS
|
$2.47K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Greenridge Exploration Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 659,890 to 5,012,760, a change of 4,352,870 (659.6%).
- Net loss of 2,850,059 reduced equity.
- New share issuances of 4,257,171 increased equity.
- Other factors increased equity by 2,945,758.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-2.85 Million | -56.86% |
| Share Issuances | €4.26 Million | +84.93% |
| Other Changes | €2.95 Million | +58.77% |
| Total Change | €- | 659.64% |
Book Value vs Market Value Analysis
This analysis compares Greenridge 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: 1.72x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 7.23x to 1.72x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2023-08-31 | €0.04 | €0.26 | x |
| 2024-08-31 | €0.15 | €0.26 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Greenridge 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): -56.86%
- 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: 1.23x
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2024 | -56.86% | 0.00% | 0.00x | 1.23x | €-3.35 Million |
Industry Comparison
This section compares Greenridge Exploration 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: $502,667,915
- Average return on equity (ROE) among peers: -338.35%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Greenridge Exploration Inc. (HW3) | €23.02 Million | -56.86% | 0.03x | $2.47K |
| 14S0 (14S0) | $2.71 Million | -209.91% | 0.28x | $2.68 Million |
| 23B (23B) | $5.94 Million | -17.66% | 0.30x | $2.00 Million |
| 2P30 (2P30) | $1.04 Million | -34.54% | 0.07x | $9.46 Million |
| Xinjiang Xinxin Mining Industry Co. Ltd (33X1) | $4.95 Billion | 10.42% | 0.49x | $175.41 Million |
| Agrimin Limited (3CL) | $46.44 Million | -2.95% | 0.06x | $11.03 Million |
| Copper Quest Exploration Inc. (3MX0) | $116.66K | -2987.81% | 5.03x | $4.68 Million |
| LibertyStream Infrastructure Partners Inc. (3ZM) | $6.76 Million | -80.67% | 0.09x | $93.18 Million |
| Arkle Resources PLC (48O) | $3.26 Million | -9.62% | 0.07x | $4.79 Million |
| Marula Mining PLC (48U0) | $-154.97K | 0.00% | 0.00x | $3.45 Million |
| Anglesey Mining plc (4A0) | $14.13 Million | -50.76% | 0.18x | $87.09K |