Green Battery Minerals Inc
Green Battery Minerals Inc. engages in the acquisition, exploration, and development of natural resource properties in Canada. The company explores for gold, lithium, and graphite. Its flagship project is the 100% owned Berkwood graphite project consisting of 74 claims totaling 5,714 hectares. The company was formerly known as Goldcore Resources Ltd. and changed its name to Green Battery Minerals… Read more
Green Battery Minerals Inc (GBMIF) - Net Assets
Latest net assets as of November 2024: $1.33 Million USD
Based on the latest financial reports, Green Battery Minerals Inc (GBMIF) has net assets worth $1.33 Million USD as of November 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.94 Million) and total liabilities ($610.60K). 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 | $1.33 Million |
| % of Total Assets | 68.47% |
| Annual Growth Rate | -14.6% |
| 5-Year Change | -9.64% |
| 10-Year Change | N/A |
| Growth Volatility | 56.48 |
Green Battery Minerals Inc - Net Assets Trend (2018–2024)
This chart illustrates how Green Battery Minerals 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 Green Battery Minerals Inc (2018–2024)
The table below shows the annual net assets of Green Battery Minerals Inc from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-02-29 | $1.71 Million | -29.79% |
| 2023-02-28 | $2.43 Million | -54.22% |
| 2022-02-28 | $5.31 Million | +101.35% |
| 2021-02-28 | $2.64 Million | +39.62% |
| 2020-02-29 | $1.89 Million | -58.76% |
| 2019-02-28 | $4.58 Million | +4.08% |
| 2018-02-28 | $4.40 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Green Battery Minerals 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 1515048500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (February 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $44.90 Million | 2630.82% |
| Total Equity | $1.71 Million | 100.00% |
Green Battery Minerals Inc Competitors by Market Cap
The table below lists competitors of Green Battery Minerals Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Pacific Mining Limited
AU:PFM
|
$926.57K |
|
UNITED OIL+GAS PLC LS-01
F:1UO
|
$926.93K |
|
PMPG Polskie Media S.A.
WAR:PGM
|
$927.10K |
|
Helport AI Limited Warrants
NASDAQ:HPAIW
|
$927.12K |
|
GS TECHS LTD (DI)
F:6Y3
|
$926.35K |
|
Sage Group PLC
LSE:SGE
|
$925.09K |
|
Woodlandor Holdings Bhd
KLSE:7025
|
$924.70K |
|
Minera IRL Limited
PINK:MRLLF
|
$924.54K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Green Battery Minerals Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,430,922 to 1,706,859, a change of -724,063 (-29.8%).
- Net loss of 1,784,254 reduced equity.
- Other factors increased equity by 1,060,191.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.78 Million | -104.53% |
| Other Changes | $1.06 Million | +62.11% |
| Total Change | $- | -29.79% |
Book Value vs Market Value Analysis
This analysis compares Green Battery Minerals 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: 4.03x
- 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 increased from 0.15x to 4.03x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-02-28 | $0.52 | $0.08 | x |
| 2019-02-28 | $0.33 | $0.08 | x |
| 2020-02-29 | $0.11 | $0.08 | x |
| 2021-02-28 | $0.07 | $0.08 | x |
| 2022-02-28 | $0.08 | $0.08 | x |
| 2023-02-28 | $0.03 | $0.08 | x |
| 2024-02-29 | $0.02 | $0.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Green Battery Minerals 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): -104.53%
- 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: 1.21x
- Recent ROE (-104.53%) is below the historical average (-98.99%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -102.81% | 0.00% | 0.00x | 1.08x | $-4.96 Million |
| 2019 | -45.57% | 0.00% | 0.00x | 1.05x | $-2.55 Million |
| 2020 | -171.34% | 0.00% | 0.00x | 1.08x | $-3.43 Million |
| 2021 | -89.31% | 0.00% | 0.00x | 1.04x | $-2.62 Million |
| 2022 | -46.06% | 0.00% | 0.00x | 1.01x | $-2.98 Million |
| 2023 | -133.33% | 0.00% | 0.00x | 1.07x | $-3.48 Million |
| 2024 | -104.53% | 0.00% | 0.00x | 1.21x | $-1.95 Million |
Industry Comparison
This section compares Green Battery Minerals 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 |
|---|---|---|---|---|
| Green Battery Minerals Inc (GBMIF) | $1.33 Million | -102.81% | 0.46x | $926.50K |
| 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 |