Electric Metals (USA) Limited
Electric Metals (USA) Limited engages in the acquisition, exploration, and development of mineral properties in the United States, Canada, and Australia. The company explores for silver, gold, and manganese deposits. Its flagship property is the 100% owned Emily Manganese Project located in Minnesota, the United States. The company was formerly known as Nevada Silver Corporation and changed its n… Read more
Electric Metals (USA) Limited (EMUSF) - Net Assets
Latest net assets as of September 2025: $8.20 Million USD
Based on the latest financial reports, Electric Metals (USA) Limited (EMUSF) has net assets worth $8.20 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 ($9.43 Million) and total liabilities ($1.23 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 | $8.20 Million |
| % of Total Assets | 86.97% |
| Annual Growth Rate | 2.02% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 56.01 |
Electric Metals (USA) Limited - Net Assets Trend (2021–2024)
This chart illustrates how Electric Metals (USA) Limited'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 Metals (USA) Limited (2021–2024)
The table below shows the annual net assets of Electric Metals (USA) Limited from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $6.15 Million | -50.72% |
| 2023-12-31 | $12.47 Million | +86.46% |
| 2022-12-31 | $6.69 Million | +15.54% |
| 2021-12-31 | $5.79 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Electric Metals (USA) Limited'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 1086347900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $22.91 Million | 372.75% |
| Total Equity | $6.15 Million | 100.00% |
Electric Metals (USA) Limited Competitors by Market Cap
The table below lists competitors of Electric Metals (USA) Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Australian Unity Office Fund
AU:AOF
|
$11.56 Million |
|
KSB SE & Co. KGaA vz. (Pref Shares)
HM:KSB3
|
$11.56 Million |
|
Riversgold Ltd
AU:RGL
|
$11.57 Million |
|
Cnergenz Bhd
KLSE:0246
|
$11.57 Million |
|
SKILLCAST GROUP LS -001
F:K9I
|
$11.55 Million |
|
Raphael Pharmaceutical Inc.
OTCQB:RAPH
|
$11.55 Million |
|
Mazhar Zorlu Holding AS
IS:MZHLD
|
$11.54 Million |
|
Green Bridge Metals Corporation
F:J48
|
$11.54 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Electric Metals (USA) Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 12,472,351 to 6,146,651, a change of -6,325,700 (-50.7%).
- Net loss of 6,912,327 reduced equity.
- New share issuances of 406,401 increased equity.
- Other factors increased equity by 180,226.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-6.91 Million | -112.46% |
| Share Issuances | $406.40K | +6.61% |
| Other Changes | $180.23K | +2.93% |
| Total Change | $- | -50.72% |
Book Value vs Market Value Analysis
This analysis compares Electric Metals (USA) Limited'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: 1.96x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.91x to 1.96x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | $0.09 | $0.08 | x |
| 2022-12-31 | $0.08 | $0.08 | x |
| 2023-12-31 | $0.09 | $0.08 | x |
| 2024-12-31 | $0.04 | $0.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Electric Metals (USA) Limited 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): -112.46%
- 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: 1.26x
- Recent ROE (-112.46%) is below the historical average (-63.71%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -79.01% | 0.00% | 0.00x | 1.18x | $-5.15 Million |
| 2022 | -43.16% | 0.00% | 0.00x | 1.72x | $-3.04 Million |
| 2023 | -20.20% | 0.00% | 0.00x | 1.10x | $-3.77 Million |
| 2024 | -112.46% | 0.00% | 0.00x | 1.26x | $-7.53 Million |
Industry Comparison
This section compares Electric Metals (USA) Limited's net assets metrics with peer companies in the Silver industry.
Industry Context
- Industry: Silver
- Average net assets among peers: $30,227,989
- Average return on equity (ROE) among peers: -117.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Electric Metals (USA) Limited (EMUSF) | $8.20 Million | -79.01% | 0.15x | $11.56 Million |
| First Majestic Silver Corp (AG) | $50.25 Million | -10.12% | 1.01x | $10.60 Billion |
| AGAGF (AGAGF) | $54.38K | -665.35% | 1.75x | $39.40 Million |
| Silver Mountain Resources Inc. (AGMRF) | $25.12 Million | -20.95% | 0.10x | $2.33 Million |
| Andean Precious Metals Corp (ANPMF) | $74.24 Million | 61.90% | 0.56x | $59.49 Million |
| Apollo Silver Corp (APGOF) | $-59.64K | 0.00% | 0.00x | $8.38 Million |
| Aya Gold & Silver Inc. (AYASF) | $130.31 Million | 1.07% | 0.20x | $968.26 Million |
| Bald Eagle Gold Corp. (BADEF) | $398.57K | -12.32% | 0.12x | $95.41 Million |
| Bunker Hill Mining Corp (BHLL) | $-6.96 Million | 0.00% | 0.00x | $94.30 Million |
| Canada Silver Cobalt Works Inc (CCWOF) | $2.27 Million | -497.07% | 1.01x | $6.00 Million |
| Dolly Varden Silver Corporation (DOLLF) | $26.66 Million | -27.30% | 0.05x | $118.97 Million |