Electric Royalties Ltd
Electric Royalties Ltd. engages in the acquisition of royalties in mines and mineral projects in Canada. It focuses on various commodities, including lithium, vanadium, manganese, tin, graphite, cobalt, nickel, and copper. The company is based in Vancouver, Canada.
Electric Royalties Ltd (ELECF) - Net Assets
Latest net assets as of September 2025: $9.98 Million USD
Based on the latest financial reports, Electric Royalties Ltd (ELECF) has net assets worth $9.98 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 ($19.98 Million) and total liabilities ($9.99 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 | $9.98 Million |
| % of Total Assets | 49.97% |
| Annual Growth Rate | 187.89% |
| 5-Year Change | 91.19% |
| 10-Year Change | N/A |
| Growth Volatility | 4090.48 |
Electric Royalties Ltd - Net Assets Trend (2019–2024)
This chart illustrates how Electric Royalties Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Electric Royalties Ltd (2019–2024)
The table below shows the annual net assets of Electric Royalties Ltd from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $9.74 Million | -27.99% |
| 2023-12-31 | $13.52 Million | -25.93% |
| 2022-12-31 | $18.25 Million | +20.32% |
| 2021-12-31 | $15.17 Million | +197.90% |
| 2020-12-31 | $5.09 Million | +10265.19% |
| 2019-12-31 | $49.13K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Electric Royalties Ltd'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 1922634700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $29.01 Million | 298.01% |
| Total Equity | $9.74 Million | 100.00% |
Electric Royalties Ltd Competitors by Market Cap
The table below lists competitors of Electric Royalties Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mountain Alliance AG
XETRA:ECF
|
$6.24 Million |
|
Strong Petrochemical Holdings Limited
F:K20A
|
$6.24 Million |
|
Panamera Holdings Corporation
PINK:PHCI
|
$6.24 Million |
|
Omineca Mining and Metals Ltd
PINK:OMMSF
|
$6.24 Million |
|
Kanoria Chemicals & Industries Limited
NSE:KANORICHEM
|
$6.24 Million |
|
2BO
F:2BO
|
$6.23 Million |
|
Jeju Beer Co. Ltd.
KQ:276730
|
$6.23 Million |
|
Natural Capsules Limited
NSE:NATCAPSUQ
|
$6.23 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Electric Royalties Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 13,519,881 to 9,735,652, a change of -3,784,229 (-28.0%).
- Net loss of 6,361,621 reduced equity.
- Other factors increased equity by 2,577,392.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-6.36 Million | -65.34% |
| Other Changes | $2.58 Million | +26.47% |
| Total Change | $- | -27.99% |
Book Value vs Market Value Analysis
This analysis compares Electric Royalties Ltd'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: 0.95x
- 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 79.24x to 0.95x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $0.00 | $0.09 | x |
| 2020-12-31 | $0.11 | $0.09 | x |
| 2021-12-31 | $0.19 | $0.09 | x |
| 2022-12-31 | $0.19 | $0.09 | x |
| 2023-12-31 | $0.14 | $0.09 | x |
| 2024-12-31 | $0.09 | $0.09 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Electric Royalties Ltd 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): -65.34%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -20431.07%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 2.07x
- Recent ROE (-65.34%) is below the historical average (-48.47%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -103.56% | 0.00% | 0.00x | 2.08x | $-55.79K |
| 2020 | -51.84% | 0.00% | 0.00x | 1.02x | $-3.15 Million |
| 2021 | -15.18% | 0.00% | 0.00x | 1.02x | $-3.82 Million |
| 2022 | -10.54% | 0.00% | 0.00x | 1.01x | $-3.75 Million |
| 2023 | -44.37% | -3618.14% | 0.01x | 1.33x | $-7.35 Million |
| 2024 | -65.34% | -20431.07% | 0.00x | 2.07x | $-7.34 Million |
Industry Comparison
This section compares Electric Royalties Ltd'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 |
|---|---|---|---|---|
| Electric Royalties Ltd (ELECF) | $9.98 Million | -103.56% | 1.00x | $6.24 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 |