Green Shift Commodities Ltd.
Green Shift Commodities Ltd. invests in, explores, and develops uranium, lithium, and battery commodity minerals in South America and Canada. It holds 100% interests in the Armstrong project that consists of 90 claims covering an area of approximately 1,800 hectares located in Ontario, Canada. The company was formerly known as U308 Corp. and changed its name to Green Shift Commodities Ltd. in Oct… Read more
Green Shift Commodities Ltd. (GRCMF) - Net Assets
Latest net assets as of June 2025: $3.58 Million USD
Based on the latest financial reports, Green Shift Commodities Ltd. (GRCMF) has net assets worth $3.58 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($4.26 Million) and total liabilities ($675.39K). 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 | $3.58 Million |
| % of Total Assets | 84.15% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 72.45 |
Green Shift Commodities Ltd. - Net Assets Trend (2019–2024)
This chart illustrates how Green Shift Commodities Ltd.'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 Shift Commodities Ltd. (2019–2024)
The table below shows the annual net assets of Green Shift Commodities Ltd. from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $4.05 Million | +115.93% |
| 2023-12-31 | $1.88 Million | -28.96% |
| 2022-12-31 | $2.64 Million | +1167.34% |
| 2021-12-31 | $-247.47K | +90.90% |
| 2020-12-31 | $-2.72 Million | -12.85% |
| 2019-12-31 | $-2.41 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Green Shift Commodities Ltd.'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 646345500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $116.50 Million | 2875.59% |
| Total Equity | $4.05 Million | 100.00% |
Green Shift Commodities Ltd. Competitors by Market Cap
The table below lists competitors of Green Shift Commodities Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Prime Road Power Public Company Limited
BK:PRIME
|
$2.36 Million |
|
Patkol Public Company Limited
BK:PK
|
$2.36 Million |
|
Graf Industrial Corp. Warrants (each warrant exercisable for one-half of one share of common stock each at an exercise price of $11.50 per share)
NASDAQ:GRAF-WT
|
$2.36 Million |
|
Prime Meridian Resources Corp
PINK:PMDRF
|
$2.36 Million |
|
Perak Corporation Bhd
KLSE:8346
|
$2.36 Million |
|
Sipa Resources Ltd
AU:SRI
|
$2.36 Million |
|
Vivid Games S.A
WAR:VVD
|
$2.36 Million |
|
Cebu Air Inc
PINK:CEBUF
|
$2.36 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Green Shift Commodities Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,876,261 to 4,051,415, a change of 2,175,154 (115.9%).
- Net loss of 157,542 reduced equity.
- New share issuances of 2,096,870 increased equity.
- Other factors increased equity by 235,826.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-157.54K | -3.89% |
| Share Issuances | $2.10 Million | +51.76% |
| Other Changes | $235.83K | +5.82% |
| Total Change | $- | 115.93% |
Book Value vs Market Value Analysis
This analysis compares Green Shift Commodities Ltd.'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: 0.69x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $-0.10 | $0.02 | x |
| 2020-12-31 | $-0.12 | $0.02 | x |
| 2021-12-31 | $-0.01 | $0.02 | x |
| 2022-12-31 | $0.03 | $0.02 | x |
| 2023-12-31 | $0.02 | $0.02 | x |
| 2024-12-31 | $0.03 | $0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Green Shift Commodities Ltd. 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): -3.89%
- 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: 1.16x
- Recent ROE (-3.89%) is above the historical average (-53.24%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-3.34 Million |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-111.48K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $926.58K |
| 2022 | -118.14% | 0.00% | 0.00x | 1.96x | $-3.38 Million |
| 2023 | -197.41% | 0.00% | 0.00x | 2.80x | $-3.89 Million |
| 2024 | -3.89% | 0.00% | 0.00x | 1.16x | $-562.68K |
Industry Comparison
This section compares Green Shift Commodities Ltd.'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 Shift Commodities Ltd. (GRCMF) | $3.58 Million | 0.00% | 0.19x | $2.36 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 |