Cullinan Metals Corp.
Cullinan Metals Corp. focuses on the exploration of clean energy metals in Canada. It explores for copper, lithium, graphite, and gold assets. The company was incorporated in 2021 and is based in Vancouver, Canada.
Cullinan Metals Corp. (CMTNF) - Net Assets
Latest net assets as of September 2025: $-433.62K USD
Based on the latest financial reports, Cullinan Metals Corp. (CMTNF) has net assets worth $-433.62K USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($37.42K) and total liabilities ($471.05K). 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 | $-433.62K |
| % of Total Assets | -1158.74% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 178.98 |
Cullinan Metals Corp. - Net Assets Trend (2021–2025)
This chart illustrates how Cullinan 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 Cullinan Metals Corp. (2021–2025)
The table below shows the annual net assets of Cullinan Metals Corp. from 2021 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | $-378.69K | -236.45% |
| 2024-06-30 | $277.53K | -68.87% |
| 2023-06-30 | $891.52K | +260.99% |
| 2022-06-30 | $246.97K | -9.76% |
| 2021-06-30 | $273.69K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Cullinan 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 310616900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $2.75 Million | % |
| Total Equity | $-378.69K | 100.00% |
Cullinan Metals Corp. Competitors by Market Cap
The table below lists competitors of Cullinan Metals Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Foncière Euris SA
PA:EURS
|
$53.10K |
|
ImmuneOncia
KQ:424870
|
$53.13K |
|
Ocean Thermal Energy Corp
PINK:CPWR
|
$53.13K |
|
BENO Holding AG
MU:BENH
|
$53.20K |
|
LEVE3F
SA:LEVE3F
|
$52.94K |
|
BHER39
SA:BHER39
|
$52.87K |
|
Pollen Street PLC
LSE:POLN
|
$52.86K |
|
EDEL (EDL.SG)
STU:EDL
|
$52.85K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cullinan Metals Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 277,527 to -378,693, a change of -656,220 (-236.5%).
- Net loss of 625,747 reduced equity.
- Other factors decreased equity by 30,473.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-625.75K | -165.24% |
| Other Changes | $-30.47K | -8.05% |
| Total Change | $- | -236.45% |
Book Value vs Market Value Analysis
This analysis compares Cullinan 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-06-30 | $0.01 | $0.02 | x |
| 2022-06-30 | $0.01 | $0.02 | x |
| 2023-06-30 | $0.03 | $0.02 | x |
| 2024-06-30 | $0.08 | $0.02 | x |
| 2025-06-30 | $-0.12 | $0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cullinan 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): 0.00%
- 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: 0.00x
- Recent ROE (0.00%) is above the historical average (-134.66%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -9.62% | 0.00% | 0.00x | 1.04x | $-53.68K |
| 2022 | -142.17% | 0.00% | 0.00x | 1.16x | $-375.82K |
| 2023 | -120.12% | 0.00% | 0.00x | 1.28x | $-1.16 Million |
| 2024 | -401.38% | 0.00% | 0.00x | 1.58x | $-1.14 Million |
| 2025 | 0.00% | 0.00% | 0.00x | 0.00x | $-587.88K |
Industry Comparison
This section compares Cullinan 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: $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 |
|---|---|---|---|---|
| Cullinan Metals Corp. (CMTNF) | $-433.62K | -9.62% | N/A | $53.02K |
| 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 |