ENRTD
Enertopia Corp. engages in the acquisition, exploration, and development of natural resource projects in the United States. It owns 100% interests in the West Tonopah (Smoky Valley) Lithium project that consists of 88 unpatented mineral lode mining claims covering an area of approximately 1,818 acers located in Big Smoky Valley, Nevada. The company was formerly known as Golden Aria Corp. and chan… Read more
ENRTD (ENRTD) - Net Assets
Latest net assets as of February 2025: $-172.06K USD
Based on the latest financial reports, ENRTD (ENRTD) has net assets worth $-172.06K USD as of February 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($110.61K) and total liabilities ($282.67K). 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 | $-172.06K |
| % of Total Assets | -155.56% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 16.66 |
ENRTD - Net Assets Trend (2021–2024)
This chart illustrates how ENRTD's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for ENRTD (2021–2024)
The table below shows the annual net assets of ENRTD from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-08-31 | $26.60K | -97.41% |
| 2023-08-31 | $1.03 Million | -64.09% |
| 2022-08-31 | $2.86 Million | +48992.07% |
| 2021-08-31 | $-5.84K | -- |
Equity Component Analysis
This analysis shows how different components contribute to ENRTD'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 85557400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (August 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $15.55 Million | 55935.17% |
| Total Equity | $27.80K | 100.00% |
ENRTD Competitors by Market Cap
The table below lists competitors of ENRTD ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SABIEN TECH GRP
BE:SUJ
|
$636.62 |
|
Hollywall Entertainment Inc
PINK:HWAL
|
$637.42 |
|
FIDSON HEALTHCARE PLC
XNSA:FIDSON
|
$637.87 |
|
Throgmorton Trust Plc
LSE:THRG
|
$638.50 |
|
Critical Reagent Processing Corp.
PINK:GRXXD
|
$633.73 |
|
City Of London Investment Trust
LSE:CTY
|
$633.30 |
|
N4 Pharma PLC
LSE:N4P
|
$632.90 |
|
BlackRock Greater Europe Investment Trust plc
LSE:BRGE
|
$632.70 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ENRTD's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,026,289 to 27,805, a change of -998,484 (-97.3%).
- Net loss of 998,484 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-998.48K | -3591.02% |
| Total Change | $- | -97.29% |
Book Value vs Market Value Analysis
This analysis compares ENRTD'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: 19.53x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-08-31 | $0.00 | $0.07 | x |
| 2022-08-31 | $0.37 | $0.07 | x |
| 2023-08-31 | $0.13 | $0.07 | x |
| 2024-08-31 | $0.00 | $0.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ENRTD 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): -3591.02%
- 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: 12.32x
- Recent ROE (-3591.02%) is below the historical average (-925.09%), 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 | 0.00% | 0.00% | 0.00x | 0.00x | $-388.78K |
| 2022 | 69.14% | 0.00% | 0.00x | 1.13x | $1.69 Million |
| 2023 | -178.46% | 0.00% | 0.00x | 1.32x | $-1.93 Million |
| 2024 | -3591.02% | 0.00% | 0.00x | 12.32x | $-1.00 Million |
Industry Comparison
This section compares ENRTD'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 |
|---|---|---|---|---|
| ENRTD (ENRTD) | $-172.06K | 0.00% | N/A | $634.69 |
| 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 |