Appia Energy Corp
Appia Rare Earths & Uranium Corp. engages in the acquisition, exploration, and development of mineral properties in Canada and Brazil. It explores rare earth elements, uranium, gallium, neodymium, praseodymium, dysprosium, terbium, phosphates, zinc, copper, molybdenum, and platinum group elements deposits. The company's flagship projects are the 100% owned Alces Lake property covering an area of … Read more
Appia Energy Corp (APAAF) - Net Assets
Latest net assets as of September 2025: $27.17 Million USD
Based on the latest financial reports, Appia Energy Corp (APAAF) has net assets worth $27.17 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 ($31.41 Million) and total liabilities ($4.23 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 | $27.17 Million |
| % of Total Assets | 86.52% |
| Annual Growth Rate | 66.62% |
| 5-Year Change | 77.72% |
| 10-Year Change | 2512.78% |
| Growth Volatility | 321.67 |
Appia Energy Corp - Net Assets Trend (2014–2025)
This chart illustrates how Appia Energy 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 Appia Energy Corp (2014–2025)
The table below shows the annual net assets of Appia Energy Corp from 2014 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | $27.17 Million | +9.13% |
| 2024-09-30 | $24.90 Million | +0.55% |
| 2023-09-30 | $24.77 Million | +7.01% |
| 2022-09-30 | $23.14 Million | +51.36% |
| 2021-09-30 | $15.29 Million | +889.56% |
| 2020-09-30 | $1.55 Million | +103.92% |
| 2019-09-30 | $757.69K | -39.09% |
| 2018-09-30 | $1.24 Million | -16.59% |
| 2017-09-30 | $1.49 Million | +43.39% |
| 2016-09-30 | $1.04 Million | +16.29% |
| 2015-09-30 | $894.35K | +804.54% |
| 2014-09-30 | $98.87K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Appia Energy 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 2073566025.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $48.75 Million | 179.18% |
| Total Equity | $27.21 Million | 100.00% |
Appia Energy Corp Competitors by Market Cap
The table below lists competitors of Appia Energy Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Aether Holdings, Inc.
NASDAQ:ATHR
|
$11.14 Million |
|
CLPS INC. DL-0001
F:1UK
|
$11.14 Million |
|
Bank Woori Saudara Indonesia 1906
JK:SDRA
|
$11.14 Million |
|
Winstar Display Co., Ltd.
TW:6916
|
$11.15 Million |
|
Intelligent Protection Management Corp
NASDAQ:IPM
|
$11.14 Million |
|
09R
F:09R
|
$11.12 Million |
|
Long An Food Processing Export JSC
VN:LAF
|
$11.12 Million |
|
Gopeng Bhd
KLSE:2135
|
$11.12 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Appia Energy Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 24,924,319 to 27,208,253, a change of 2,283,934 (9.2%).
- Net loss of 766,417 reduced equity.
- New share issuances of 2,725,750 increased equity.
- Other factors increased equity by 324,601.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-766.42K | -2.82% |
| Share Issuances | $2.73 Million | +10.02% |
| Other Changes | $324.60K | +1.19% |
| Total Change | $- | 9.16% |
Book Value vs Market Value Analysis
This analysis compares Appia Energy 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: 0.40x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-09-30 | $0.00 | $0.07 | x |
| 2016-09-30 | $0.00 | $0.07 | x |
| 2017-09-30 | $0.03 | $0.07 | x |
| 2018-09-30 | $0.02 | $0.07 | x |
| 2019-09-30 | $0.01 | $0.07 | x |
| 2020-09-30 | $0.02 | $0.07 | x |
| 2021-09-30 | $0.14 | $0.07 | x |
| 2022-09-30 | $0.19 | $0.07 | x |
| 2023-09-30 | $0.19 | $0.07 | x |
| 2024-09-30 | $0.18 | $0.07 | x |
| 2025-09-30 | $0.16 | $0.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Appia Energy 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): -2.82%
- 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: 1.15x
- Recent ROE (-2.82%) is above the historical average (-65.00%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -37.81% | 0.00% | 0.00x | 1.43x | $-47.27K |
| 2015 | -25.78% | 0.00% | 0.00x | 1.62x | $-319.98K |
| 2016 | -29.81% | 0.00% | 0.00x | 1.61x | $-414.07K |
| 2017 | -120.19% | 0.00% | 0.00x | 1.45x | $-1.94 Million |
| 2018 | -110.47% | 0.00% | 0.00x | 1.62x | $-1.50 Million |
| 2019 | -304.24% | 0.00% | 0.00x | 2.18x | $-2.38 Million |
| 2020 | -116.24% | 0.00% | 0.00x | 1.84x | $-1.95 Million |
| 2021 | -8.36% | 0.00% | 0.00x | 1.16x | $-2.81 Million |
| 2022 | -10.52% | 0.00% | 0.00x | 1.11x | $-4.75 Million |
| 2023 | -8.66% | 0.00% | 0.00x | 1.13x | $-4.62 Million |
| 2024 | -5.12% | 0.00% | 0.00x | 1.14x | $-3.77 Million |
| 2025 | -2.82% | 0.00% | 0.00x | 1.15x | $-3.49 Million |
Industry Comparison
This section compares Appia Energy Corp's net assets metrics with peer companies in the Uranium industry.
Industry Context
- Industry: Uranium
- Average net assets among peers: $15,856,284
- Average return on equity (ROE) among peers: -27.42%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Appia Energy Corp (APAAF) | $27.17 Million | -37.81% | 0.16x | $11.14 Million |
| Anfield Energy Inc. (AEC) | $14.69 Million | -60.28% | 1.45x | $74.75 Million |
| AEMLF (AEMLF) | $7.09 Million | -26.99% | 0.04x | $2.04 Million |
| Alligator Energy Limited (ALGEF) | $8.63 Million | -11.42% | 0.05x | $63.13 Million |
| ALX Resources Corp (ALXEF) | $298.51K | -8.80% | 0.03x | $3.92 Million |
| Aura Energy Limited (AUEEF) | $16.57 Million | -16.64% | 0.03x | $55.36 Million |
| Azincourt Uranium Inc (AZURF) | $7.85 Million | -91.09% | 0.04x | $1.89 Million |
| Berkeley Energy Ltd (BKLRF) | $25.00 Million | -28.01% | 0.04x | $175.19 Million |
| Blue Sky Uranium Corp (BKUCF) | $-393.25K | 0.00% | 0.00x | $12.59 Million |
| Bannerman Resources Ltd (BNNLF) | $62.97 Million | -3.54% | 0.01x | $221.50 Million |