First American Uranium Inc.
First American Uranium Inc., a junior mining company, engages in the identification, acquisition, and exploration of mineral properties in Canada and New Mexico. It holds an option to acquire a 100% interest in the Red Basin uranium/vanadium project located in Catron County, New Mexico; and the Silver Lake property comprising eight contiguous mineral claims that covers an area of approximately 1,… Read more
First American Uranium Inc. (FAUMF) - Net Assets
Latest net assets as of September 2024: $942.93K USD
Based on the latest financial reports, First American Uranium Inc. (FAUMF) has net assets worth $942.93K USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.57 Million) and total liabilities ($627.40K). 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 | $942.93K |
| % of Total Assets | 60.05% |
| Annual Growth Rate | 76.71% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 2992.35 |
First American Uranium Inc. - Net Assets Trend (2020–2023)
This chart illustrates how First American Uranium 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 First American Uranium Inc. (2020–2023)
The table below shows the annual net assets of First American Uranium Inc. from 2020 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $1.20 Million | -8.78% |
| 2022-12-31 | $1.32 Million | +6297.68% |
| 2021-12-31 | $20.57K | -90.56% |
| 2020-12-31 | $217.79K | -- |
Equity Component Analysis
This analysis shows how different components contribute to First American Uranium 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 205900400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $2.84 Million | 382.22% |
| Total Equity | $743.83K | 100.00% |
First American Uranium Inc. Competitors by Market Cap
The table below lists competitors of First American Uranium Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Inhome Prime Properties SOCIMI S.A.
MC:YIPP
|
$113.59K |
|
StoneCo Ltd. Reg.Sh. Cl.A DL-0
STU:0Q0
|
$113.66K |
|
Danske Invest Select Kommuner4
CO:DSIKOM4
|
$113.67K |
|
Bankers Petroleum Ltd
TO:BNK
|
$113.70K |
|
5N PLUS
BE:EMB
|
$113.52K |
|
JBG SMITH PPTYS DL -01
F:JBG
|
$113.41K |
|
Pekin Life Insurance Co
PINK:PKIN
|
$113.40K |
|
Nykredit Invest Lange Obl KL A
CO:NYILOKLA
|
$113.33K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in First American Uranium Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 845,467 to 743,833, a change of -101,634 (-12.0%).
- Net loss of 1,661,449 reduced equity.
- New share issuances of 1,087,497 increased equity.
- Other factors increased equity by 472,318.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.66 Million | -223.36% |
| Share Issuances | $1.09 Million | +146.2% |
| Other Changes | $472.32K | +63.5% |
| Total Change | $- | -12.02% |
Book Value vs Market Value Analysis
This analysis compares First American Uranium 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: 0.48x
- 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 0.59x to 0.48x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $0.02 | $0.01 | x |
| 2021-12-31 | $0.00 | $0.01 | x |
| 2022-12-31 | $0.04 | $0.01 | x |
| 2023-12-31 | $0.02 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently First American Uranium 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): -223.36%
- 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: 2.06x
- Recent ROE (-223.36%) is above the historical average (-461.26%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -1141.15% | 0.00% | 0.00x | 8.91x | $-236.78K |
| 2022 | -19.26% | 0.00% | 0.00x | 1.71x | $-247.38K |
| 2023 | -223.36% | 0.00% | 0.00x | 2.06x | $-1.74 Million |
Industry Comparison
This section compares First American Uranium 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: $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 |
|---|---|---|---|---|
| First American Uranium Inc. (FAUMF) | $942.93K | -1141.15% | 0.67x | $113.56K |
| 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 |