E79 Resources Corp
Serra Energy Metals Corp. engages in the acquisition, exploration, and development of green metal projects primarily in Brazil. It primarily focuses on exploring for copper, nickel, and lithium mines. The company was formerly known as E79 Resources Corp. and changed its name to Serra Energy Metals Corp. in October 2023. Serra Energy Metals Corp. was incorporated in 2018 and is headquartered in Va… Read more
E79 Resources Corp (ESVNF) - Net Assets
Latest net assets as of January 2025: $1.98 Million USD
Based on the latest financial reports, E79 Resources Corp (ESVNF) has net assets worth $1.98 Million USD as of January 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.00 Million) and total liabilities ($13.38K). 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 | $1.98 Million |
| % of Total Assets | 99.33% |
| Annual Growth Rate | 1784.68% |
| 5-Year Change | 929.15% |
| 10-Year Change | N/A |
| Growth Volatility | 9297281.03 |
E79 Resources Corp - Net Assets Trend (2019–2024)
This chart illustrates how E79 Resources 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 E79 Resources Corp (2019–2024)
The table below shows the annual net assets of E79 Resources Corp from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-04-30 | $2.39 Million | -83.93% |
| 2023-04-30 | $14.88 Million | -24.87% |
| 2022-04-30 | $19.81 Million | +48.15% |
| 2021-04-30 | $13.37 Million | +5652.93% |
| 2020-04-30 | $232.45K | +23244600.00% |
| 2019-04-30 | $1.00 | -- |
Equity Component Analysis
This analysis shows how different components contribute to E79 Resources 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 2387669300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (April 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $26.27 Million | 1098.09% |
| Total Equity | $2.39 Million | 100.00% |
E79 Resources Corp Competitors by Market Cap
The table below lists competitors of E79 Resources Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Toys"R"Us ANZ Limited
PINK:TOYRF
|
$605.05K |
|
Financiere Hoche Bains-Les-Bains SA
PA:MLHBB
|
$606.03K |
|
Rockworth Public Company Limited
BK:ROCK
|
$606.17K |
|
Olivers Real Food Ltd
AU:OLI
|
$606.17K |
|
Earthwise Minerals Corp.
F:966
|
$604.28K |
|
SYNAPTICS (SJN.SG)
STU:SJN
|
$603.97K |
|
Alterola Biotech Inc
PINK:ABTI
|
$603.58K |
|
INDRA SISTEMAS -A- (IDA.SG)
STU:IDA
|
$603.27K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in E79 Resources Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 14,884,450 to 2,392,237, a change of -12,492,213 (-83.9%).
- Net loss of 12,430,546 reduced equity.
- Other comprehensive income decreased equity by 3,230,002.
- Other factors increased equity by 3,168,335.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-12.43 Million | -519.62% |
| Other Comprehensive Income | $-3.23 Million | -135.02% |
| Other Changes | $3.17 Million | +132.44% |
| Total Change | $- | -83.93% |
Book Value vs Market Value Analysis
This analysis compares E79 Resources 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: 2.72x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 795928.20x to 2.72x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-04-30 | $0.00 | $0.10 | x |
| 2020-04-30 | $0.03 | $0.10 | x |
| 2021-04-30 | $0.47 | $0.10 | x |
| 2022-04-30 | $0.31 | $0.10 | x |
| 2023-04-30 | $0.23 | $0.10 | x |
| 2024-04-30 | $0.04 | $0.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently E79 Resources 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): -519.62%
- 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: 1.04x
- Recent ROE (-519.62%) is below the historical average (-124.19%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -28.42% | 0.00% | 0.00x | 1.21x | $-89.30K |
| 2021 | -19.15% | 0.00% | 0.00x | 1.02x | $-3.90 Million |
| 2022 | -16.54% | 0.00% | 0.00x | 1.06x | $-5.26 Million |
| 2023 | -37.24% | 0.00% | 0.00x | 1.02x | $-7.03 Million |
| 2024 | -519.62% | 0.00% | 0.00x | 1.04x | $-12.67 Million |
Industry Comparison
This section compares E79 Resources 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: $2,860,622,178
- Average return on equity (ROE) among peers: -17.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| E79 Resources Corp (ESVNF) | $1.98 Million | -28.42% | 0.01x | $604.51K |
| Asia Broadband Inc (AABB) | $-613.21K | 0.00% | 0.00x | $228.68 |
| Altair Resources Inc (AAEEF) | $-1.37 Million | 0.00% | 0.00x | $165.38K |
| Aftermath Silver Ltd (AAGFF) | $18.53 Million | -47.33% | 0.52x | $99.81 Million |
| Anglo American plc (AAUKF) | $28.53 Billion | -10.75% | 1.27x | $26.36 Billion |
| Abacus Mining & Exploration Corporation (ABCFF) | $-12.92 Million | 0.00% | 0.00x | $1.95 Million |
| Vision Lithium Inc (ABEPF) | $526.04K | -142.32% | 1.21x | $3.75 Million |
| Arbor Metals Corp (ABRMF) | $584.31K | -19.85% | 0.08x | $3.05 Million |
| ACG Metals Limited (ACGAF) | $58.31 Million | -22.45% | 2.63x | $121.32 Million |
| ACME Lithium Inc (ACLHF) | $-375.11K | 0.00% | 0.00x | $561.74K |
| ACMNF (ACMNF) | $10.55 Million | 67.11% | 0.22x | $14.34 Million |