Electra Battery Materials Corp
Electra Battery Materials Corporation engages in the acquisition and exploration of resource properties in the United States and Canada. It explores for cobalt, copper, and silver deposits. The company's flagship project is the Iron Creek cobalt-copper project that includes patented and unpatented claims totaling an area of approximately 3,260 hectares and 600 meters of underground drifting locat… Read more
Electra Battery Materials Corp (ELBM) - Net Assets
Latest net assets as of September 2025: $48.03 Million USD
Based on the latest financial reports, Electra Battery Materials Corp (ELBM) has net assets worth $48.03 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($148.08 Million) and total liabilities ($100.05 Million). 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 | $48.03 Million |
| % of Total Assets | 32.44% |
| Annual Growth Rate | 35.75% |
| 5-Year Change | -30.2% |
| 10-Year Change | N/A |
| Growth Volatility | 484.03 |
Electra Battery Materials Corp - Net Assets Trend (2012–2024)
This chart illustrates how Electra Battery Materials 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 Electra Battery Materials Corp (2012–2024)
The table below shows the annual net assets of Electra Battery Materials Corp from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $64.32 Million | -22.79% |
| 2023-12-31 | $83.30 Million | -34.16% |
| 2022-12-31 | $126.51 Million | +26.55% |
| 2021-12-31 | $99.96 Million | +8.48% |
| 2020-12-31 | $92.15 Million | +4.02% |
| 2019-12-31 | $88.59 Million | -55.34% |
| 2018-12-31 | $198.38 Million | +44.25% |
| 2017-12-31 | $137.53 Million | +1643.96% |
| 2016-12-31 | $7.89 Million | +13068.55% |
| 2015-12-31 | $-60.81K | -161.03% |
| 2014-12-31 | $99.64K | -93.81% |
| 2013-12-31 | $1.61 Million | -2.03% |
| 2012-12-31 | $1.64 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Electra Battery Materials 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 27478767300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $307.72 Million | 478.44% |
| Other Comprehensive Income | $31.49 Million | 48.96% |
| Total Equity | $64.32 Million | 100.00% |
Electra Battery Materials Corp Competitors by Market Cap
The table below lists competitors of Electra Battery Materials Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sanix Incorporated
MU:NX8
|
$47.80 Million |
|
ENIGMATIG LIMITED
NYSE MKT:EGG
|
$47.80 Million |
|
Fluent Inc
NASDAQ:FLNT
|
$47.80 Million |
|
Land General Bhd
KLSE:3174
|
$47.82 Million |
|
Tri Ocean Textile Co Ltd
TW:1472
|
$47.78 Million |
|
Jagran Prakashan Limited
NSE:JAGRAN
|
$47.74 Million |
|
PT Cakra Buana Resources Energ
JK:CBRE
|
$47.72 Million |
|
Theragen Etex Co.Ltd
KQ:066700
|
$47.71 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Electra Battery Materials Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 83,298,000 to 64,318,000, a change of -18,980,000 (-22.8%).
- Net loss of 29,447 reduced equity.
- New share issuances of 1,221,000 increased equity.
- Other comprehensive income increased equity by 7,465,000.
- Other factors decreased equity by 27,636,553.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-29.45K | -0.05% |
| Share Issuances | $1.22 Million | +1.9% |
| Other Comprehensive Income | $7.46 Million | +11.61% |
| Other Changes | $-27.64 Million | -42.97% |
| Total Change | $- | -22.79% |
Book Value vs Market Value Analysis
This analysis compares Electra Battery Materials 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: 0.14x
- 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 2.21x to 0.14x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | $0.29 | $0.64 | x |
| 2013-12-31 | $28.64 | $0.64 | x |
| 2014-12-31 | $1.51 | $0.64 | x |
| 2015-12-31 | $-0.92 | $0.64 | x |
| 2016-12-31 | $34.59 | $0.64 | x |
| 2017-12-31 | $137.49 | $0.64 | x |
| 2018-12-31 | $49.33 | $0.64 | x |
| 2019-12-31 | $17.62 | $0.64 | x |
| 2020-12-31 | $16.93 | $0.64 | x |
| 2021-12-31 | $14.41 | $0.64 | x |
| 2022-12-31 | $12.41 | $0.64 | x |
| 2023-12-31 | $7.67 | $0.64 | x |
| 2024-12-31 | $4.49 | $0.64 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Electra Battery Materials 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): -0.05%
- 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: 2.35x
- Recent ROE (-0.05%) is above the historical average (-132.42%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | -6.35% | 0.00% | 0.00x | 1.01x | $-268.57K |
| 2013 | -14.93% | 0.00% | 0.00x | 1.11x | $-401.19K |
| 2014 | -1415.14% | 0.00% | 0.00x | 3.83x | $-1.42 Million |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-141.86K |
| 2016 | -28.54% | 0.00% | 0.00x | 1.05x | $-3.04 Million |
| 2017 | -6.26% | 0.00% | 0.00x | 1.03x | $-22.36 Million |
| 2018 | -13.52% | 0.00% | 0.00x | 1.03x | $-46.66 Million |
| 2019 | -131.45% | 0.00% | 0.00x | 1.11x | $-125.30 Million |
| 2020 | -2.59% | 0.00% | 0.00x | 1.13x | $-11.60 Million |
| 2021 | -34.93% | 0.00% | 0.00x | 1.68x | $-44.91 Million |
| 2022 | 9.92% | 0.00% | 0.00x | 1.48x | $-99.90K |
| 2023 | -77.63% | 0.00% | 0.00x | 1.79x | $-73.00 Million |
| 2024 | -0.05% | 0.00% | 0.00x | 2.35x | $-6.46 Million |
Industry Comparison
This section compares Electra Battery Materials 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: $2,436,539,064
- Average return on equity (ROE) among peers: -72.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Electra Battery Materials Corp (ELBM) | $48.03 Million | -6.35% | 2.08x | $47.78 Million |
| Asia Broadband Inc (AABB) | $-384.18K | 0.00% | 0.00x | $228.54 |
| Altair Resources Inc (AAEEF) | $519.85K | -583.77% | 3.27x | $165.38K |
| Aftermath Silver Ltd (AAGFF) | $26.16 Million | -26.37% | 0.41x | $99.81 Million |
| Anglo American plc (AAUKF) | $24.32 Billion | 6.55% | 1.06x | $26.36 Billion |
| Abacus Mining & Exploration Corporation (ABCFF) | $-123.88K | 0.00% | 0.00x | $1.95 Million |
| Vision Lithium Inc (ABEPF) | $-384.45K | 0.00% | 0.00x | $3.75 Million |
| Arbor Metals Corp (ABRMF) | $700.32K | -22.12% | 0.03x | $3.05 Million |
| ACG Metals Limited (ACGAF) | $3.51 Million | -77.72% | 0.31x | $121.32 Million |
| ACME Lithium Inc (ACLHF) | $-1.00 Million | 0.00% | 0.00x | $561.74K |
| ACMNF (ACMNF) | $11.40 Million | -19.68% | 0.16x | $14.34 Million |