NINE MILE METALS LTD (KQ9) - Net Assets
Based on the latest financial reports, NINE MILE METALS LTD (KQ9) has net assets worth €5.51 Million EUR (≈ $6.44 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 (€5.84 Million ≈ $6.83 Million USD) and total liabilities (€333.04K ≈ $389.36K 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. Check KQ9 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €5.51 Million |
| % of Total Assets | 94.3% |
| Annual Growth Rate | -6.13% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 2.08 |
NINE MILE METALS LTD - Net Assets Trend (2022–2025)
This chart illustrates how NINE MILE METALS LTD's net assets have evolved over time, based on quarterly financial data. See NINE MILE METALS LTD (KQ9) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for NINE MILE METALS LTD (2022–2025)
The table below shows the annual net assets of NINE MILE METALS LTD from 2022 to 2025. For live valuation and market cap data, see KQ9 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | €4.32 Million ≈ $5.05 Million |
-3.48% |
| 2024-09-30 | €4.48 Million ≈ $5.24 Million |
-6.28% |
| 2023-09-30 | €4.78 Million ≈ $5.59 Million |
-8.57% |
| 2022-09-30 | €5.23 Million ≈ $6.11 Million |
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Equity Component Analysis
This analysis shows how different components contribute to NINE MILE METALS LTD'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 575394500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €19.45 Million | 449.91% |
| Total Equity | €4.32 Million | 100.00% |
NINE MILE METALS LTD Competitors by Market Cap
The table below lists competitors of NINE MILE METALS LTD ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SunLink Health Systems Inc
NYSE MKT:SSY
|
$7.85 Million |
|
XOX Technology Bhd
KLSE:0017
|
$7.85 Million |
|
J D Wetherspoon PLC
LSE:JDW
|
$7.86 Million |
|
Emerson Radio Corporation
NYSE MKT:MSN
|
$7.86 Million |
|
NRB Industrial Bearings Limited
NSE:NIBL
|
$7.85 Million |
|
Norfolk Metals Ltd
AU:NFL
|
$7.85 Million |
|
Arb Bhd
KLSE:7181
|
$7.84 Million |
|
Bri-Chem Corp.
TO:BRY
|
$7.84 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in NINE MILE METALS LTD's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,478,146 to 4,322,417, a change of -155,729 (-3.5%).
- Net loss of 883,447 reduced equity.
- New share issuances of 433,387 increased equity.
- Other factors increased equity by 294,331.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-883.45K | -20.44% |
| Share Issuances | €433.39K | +10.03% |
| Other Changes | €294.33K | +6.81% |
| Total Change | €- | -3.48% |
Book Value vs Market Value Analysis
This analysis compares NINE MILE METALS LTD'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: 1.36x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.54x to 1.36x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-09-30 | €0.10 | €0.05 | x |
| 2023-09-30 | €0.07 | €0.05 | x |
| 2024-09-30 | €0.06 | €0.05 | x |
| 2025-09-30 | €0.04 | €0.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently NINE MILE METALS LTD 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): -20.44%
- 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: 1.12x
- Recent ROE (-20.44%) is above the historical average (-39.60%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | -32.96% | 0.00% | 0.00x | 1.00x | €-2.25 Million |
| 2023 | -56.41% | 0.00% | 0.00x | 1.04x | €-3.17 Million |
| 2024 | -48.57% | 0.00% | 0.00x | 1.14x | €-2.62 Million |
| 2025 | -20.44% | 0.00% | 0.00x | 1.12x | €-1.32 Million |
Industry Comparison
This section compares NINE MILE METALS LTD'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: $2,958,610
- Average return on equity (ROE) among peers: -98.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| NINE MILE METALS LTD (KQ9) | €5.51 Million | -32.96% | 0.06x | $7.85 Million |
| Scandium International Mining Corp (0E6) | $345.57K | -563.69% | 1.56x | $30.44 Million |
| PROSPECT RIDGE RESOURCES (0ED) | $8.06 Million | -50.96% | 0.07x | $3.47 Million |
| Asiamet Resources Ltd (0FK) | $-401.00K | 0.00% | 0.00x | $23.81 Million |
| Global Li-Ion Graphite Corp (0TD) | $2.25 Million | -20.09% | 0.38x | $433.73K |
| Benz Mining Corp (1VU) | $10.57 Million | -89.47% | 0.43x | $417.32 Million |
| BENZ MINING CORP CDI/1 (1VU0) | $7.26 Million | -55.45% | 0.05x | $394.22 Million |
| Pacific Empire Minerals Corp (1YK) | $542.41K | -182.64% | 0.26x | $9.62 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) | $-18.93K | 0.00% | 0.00x | $2.27 Million |
About NINE MILE METALS LTD
Nine Mile Metals Ltd. engages in the acquisition, exploration, and development of mineral properties in Canada. The company explores for lead, zinc, copper, silver, and gold deposits. Its flagship property is the Nine Mile Brook VMS project that consists of 229 claim units covering an area of 50.04 square kilometers located in New Brunswick. The company was formerly known as Stevens Gold Nevada I… Read more