Euro Manganese Inc
Euro Manganese Inc. engages in the evaluation, exploration, and development of mineral assets. Its flagship project comprises the 100% owned Chvaletice manganese project, which is involved in the re-processing of a manganese deposit hosted in historic mine tailings to produce manganese products for applications in lithium-ion batteries located in the east of Prague, the Czech Republic. Euro Manga… Read more
Euro Manganese Inc (EUMNF) - Net Assets
Latest net assets as of December 2024: $3.14 Million USD
Based on the latest financial reports, Euro Manganese Inc (EUMNF) has net assets worth $3.14 Million USD as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($35.60 Million) and total liabilities ($32.46 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 | $3.14 Million |
| % of Total Assets | 8.82% |
| Annual Growth Rate | 64.04% |
| 5-Year Change | 255.26% |
| 10-Year Change | N/A |
| Growth Volatility | 232.91 |
Euro Manganese Inc - Net Assets Trend (2017–2022)
This chart illustrates how Euro Manganese Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Euro Manganese Inc (2017–2022)
The table below shows the annual net assets of Euro Manganese Inc from 2017 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-09-30 | $37.29 Million | -0.30% |
| 2021-09-30 | $37.40 Million | +573.93% |
| 2020-09-30 | $5.55 Million | -5.62% |
| 2019-09-30 | $5.88 Million | -43.98% |
| 2018-09-30 | $10.50 Million | +234.25% |
| 2017-09-30 | $3.14 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Euro Manganese Inc'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 4422476700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $78.30 Million | 209.97% |
| Other Components | $7.64 Million | 20.49% |
| Total Equity | $37.29 Million | 100.00% |
Euro Manganese Inc Competitors by Market Cap
The table below lists competitors of Euro Manganese Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Future Fuels Inc.
V:FTUR
|
$24.15 Million |
|
CHINA NEW CITY COMM.
F:C7B
|
$24.17 Million |
|
AVT Natural Products Limited
NSE:AVTNPL
|
$24.17 Million |
|
Tidehold Development Co Ltd
TW:9902
|
$24.17 Million |
|
PP Presisi Tbk PT
JK:PPRE
|
$24.15 Million |
|
Yeong Hwa Meta
KO:012280
|
$24.13 Million |
|
Winix Inc
KQ:044340
|
$24.13 Million |
|
Chonbang
KO:000950
|
$24.13 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Euro Manganese Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 37,403,176 to 37,289,973, a change of -113,203 (-0.3%).
- Net loss of 13,457,373 reduced equity.
- New share issuances of 8,580,106 increased equity.
- Other factors increased equity by 4,764,064.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-13.46 Million | -36.09% |
| Share Issuances | $8.58 Million | +23.01% |
| Other Changes | $4.76 Million | +12.78% |
| Total Change | $- | -0.30% |
Book Value vs Market Value Analysis
This analysis compares Euro Manganese Inc'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: 3.23x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 16.31x to 3.23x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-09-30 | $0.02 | $0.30 | x |
| 2018-09-30 | $0.06 | $0.30 | x |
| 2019-09-30 | $0.03 | $0.30 | x |
| 2020-09-30 | $0.02 | $0.30 | x |
| 2021-09-30 | $0.10 | $0.30 | x |
| 2022-09-30 | $0.09 | $0.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Euro Manganese Inc 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): -36.09%
- 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: 1.07x
- Recent ROE (-36.09%) is above the historical average (-81.48%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -108.69% | 0.00% | 0.00x | 1.38x | $-3.73 Million |
| 2018 | -62.25% | 0.00% | 0.00x | 1.17x | $-7.58 Million |
| 2019 | -141.44% | 0.00% | 0.00x | 1.17x | $-8.91 Million |
| 2020 | -114.87% | 0.00% | 0.00x | 1.05x | $-6.93 Million |
| 2021 | -25.51% | 0.00% | 0.00x | 1.16x | $-13.28 Million |
| 2022 | -36.09% | 0.00% | 0.00x | 1.07x | $-17.19 Million |
Industry Comparison
This section compares Euro Manganese Inc'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 |
|---|---|---|---|---|
| Euro Manganese Inc (EUMNF) | $3.14 Million | -108.69% | 10.34x | $24.15 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 |