FE BATTERY METALS CORP.
FE Battery Metals Corp., a junior resource company, engages in the exploration and development of mineral properties in Canada. The company explores for lithium deposits. Its flagship property is the Augustus Lithium property that includes 21 mineral claims covering an area of approximately 900 hectares located in the Abitibi area of Western Quebec. The company was formerly known as First Energy … Read more
FE BATTERY METALS CORP. (V95) - Net Assets
Latest net assets as of : €- EUR
Based on the latest financial reports, FE BATTERY METALS CORP. (V95) has net assets worth €- EUR as of .
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€-) and total liabilities (€-). 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 | €- |
| % of Total Assets | 0% |
| Annual Growth Rate | 302.32% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 702.94 |
FE BATTERY METALS CORP. - Net Assets Trend (2020–2023)
This chart illustrates how FE BATTERY METALS 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 FE BATTERY METALS CORP. (2020–2023)
The table below shows the annual net assets of FE BATTERY METALS CORP. from 2020 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-03-31 | €9.50 Million | +46.71% |
| 2022-03-31 | €6.47 Million | +161.57% |
| 2021-03-31 | €2.48 Million | +1591.99% |
| 2020-03-31 | €146.30K | -- |
Equity Component Analysis
This analysis shows how different components contribute to FE BATTERY METALS 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 1290156600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | €54.48 Million | 573.56% |
| Other Components | €4.56 Million | 47.99% |
| Total Equity | €9.50 Million | 100.00% |
FE BATTERY METALS CORP. Competitors by Market Cap
The table below lists competitors of FE BATTERY METALS CORP. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Therapeutic Solutions International Inc
PINK:TSOI
|
$512.27K |
|
Diagonal Bio AB
ST:DIABIO
|
$512.29K |
|
Lancaster Resources Inc.
PINK:LANRF
|
$512.30K |
|
INTERTEK GROUP
BE:IT1
|
$513.22K |
|
YANGAROO Inc
PINK:YOOIF
|
$511.39K |
|
Pasinex Resources Limited
PINK:PSXRF
|
$511.30K |
|
Brand Group (M.G) Ltd
TA:BRND
|
$511.08K |
|
Auxico Resources Canada Inc
PINK:AUXIF
|
$510.69K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in FE BATTERY METALS CORP.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 6,474,885 to 9,499,471, a change of 3,024,586 (46.7%).
- Net loss of 5,750,583 reduced equity.
- Other factors increased equity by 8,775,169.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-5.75 Million | -60.54% |
| Other Changes | €8.78 Million | +92.38% |
| Total Change | €- | 46.71% |
Book Value vs Market Value Analysis
This analysis compares FE BATTERY METALS 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: 0.08x
- 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 1.02x to 0.08x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-03-31 | €0.02 | €0.02 | x |
| 2021-03-31 | €0.19 | €0.02 | x |
| 2023-03-31 | €0.23 | €0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently FE BATTERY METALS 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): -60.54%
- 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: 1.37x
- Recent ROE (-60.54%) is above the historical average (-134.58%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -305.97% | 0.00% | 0.00x | 2.54x | €-462.26K |
| 2021 | -99.37% | 0.00% | 0.00x | 1.28x | €-2.71 Million |
| 2022 | -72.45% | 0.00% | 0.00x | 1.07x | €-5.34 Million |
| 2023 | -60.54% | 0.00% | 0.00x | 1.37x | €-6.70 Million |
Industry Comparison
This section compares FE BATTERY METALS CORP.'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 |
|---|---|---|---|---|
| FE BATTERY METALS CORP. (V95) | €- | -305.97% | N/A | $511.53K |
| 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 |