Fuse Battery Metals Inc.
Fuse Battery Metals Inc., an exploration stage company, engages in the acquisition, exploration, and development of energy metals projects. It explores for cobalt and lithium. The company holds interests in resource properties in the province of Ontario, Canada and the state of Nevada, the United States. The company was formerly known as Fuse Cobalt Inc. and changed its name to Fuse Battery Metal… Read more
Fuse Battery Metals Inc. (FUSED) - Net Assets
Latest net assets as of September 2025: $621.80K USD
Based on the latest financial reports, Fuse Battery Metals Inc. (FUSED) has net assets worth $621.80K USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($788.75K) and total liabilities ($166.95K). 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 | $621.80K |
| % of Total Assets | 78.83% |
| Annual Growth Rate | -30.56% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 47.07 |
Fuse Battery Metals Inc. - Net Assets Trend (2020–2024)
This chart illustrates how Fuse Battery Metals 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 Fuse Battery Metals Inc. (2020–2024)
The table below shows the annual net assets of Fuse Battery Metals Inc. from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $929.50K | -83.68% |
| 2023-12-31 | $5.70 Million | -10.38% |
| 2022-12-31 | $6.36 Million | +45.29% |
| 2021-12-31 | $4.37 Million | +9.40% |
| 2020-12-31 | $4.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Fuse Battery Metals 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 960040500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $48.68 Million | 5237.38% |
| Total Equity | $929.50K | 100.00% |
Fuse Battery Metals Inc. Competitors by Market Cap
The table below lists competitors of Fuse Battery Metals Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
149300
KO:149300
|
$229.25 |
|
Agha Steel Industries
KAR:AGHA
|
$229.26 |
|
Clontarf Energy Plc
LSE:CLON
|
$229.28 |
|
STRATATEL
BE:S8L
|
$229.43 |
|
Asia Broadband Inc
PINK:AABB
|
$228.54 |
|
Radial Research Corp.
PINK:RADLF
|
$227.78 |
|
Star8 Corp
PINK:STRH
|
$227.63 |
|
Kua Investments Inc.
V:KUAI-P
|
$227.58 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fuse Battery Metals Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,695,966 to 929,502, a change of -4,766,464 (-83.7%).
- Net loss of 4,766,464 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-4.77 Million | -512.8% |
| Total Change | $- | -83.68% |
Book Value vs Market Value Analysis
This analysis compares Fuse Battery Metals 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: 1.02x
- 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 0.52x to 1.02x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $0.05 | $0.03 | x |
| 2021-12-31 | $0.04 | $0.03 | x |
| 2022-12-31 | $0.03 | $0.03 | x |
| 2023-12-31 | $0.03 | $0.03 | x |
| 2024-12-31 | $0.02 | $0.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fuse Battery Metals 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): -512.80%
- 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: 1.02x
- Recent ROE (-512.80%) is below the historical average (-127.24%), 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 | -40.59% | 0.00% | 0.00x | 1.01x | $-2.02 Million |
| 2021 | -11.82% | 0.00% | 0.00x | 1.01x | $-954.58K |
| 2022 | -41.59% | 0.00% | 0.00x | 1.01x | $-3.28 Million |
| 2023 | -29.38% | 0.00% | 0.00x | 1.00x | $-2.24 Million |
| 2024 | -512.80% | 0.00% | 0.00x | 1.02x | $-4.86 Million |
Industry Comparison
This section compares Fuse Battery Metals 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 |
|---|---|---|---|---|
| Fuse Battery Metals Inc. (FUSED) | $621.80K | -40.59% | 0.27x | $228.99 |
| 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 |