Micromem Technologies Inc
Micromem Technologies Inc. designs, develops, and provides customized sensor applications based on its proprietary technology in Canada and internationally. Its products are used in various applications in oil and structural integrity sensor, nanoparticle detection, and energy storage solutions. The company is headquartered in Toronto, Canada.
Micromem Technologies Inc (MMTIF) - Net Assets
Latest net assets as of July 2025: $-6.24 Million USD
Based on the latest financial reports, Micromem Technologies Inc (MMTIF) has net assets worth $-6.24 Million USD as of July 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($377.36K) and total liabilities ($6.62 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 | $-6.24 Million |
| % of Total Assets | -1653.36% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | -578.88% |
| Growth Volatility | 166.09 |
Micromem Technologies Inc - Net Assets Trend (2001–2024)
This chart illustrates how Micromem Technologies 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 Micromem Technologies Inc (2001–2024)
The table below shows the annual net assets of Micromem Technologies Inc from 2001 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-10-31 | $-6.72 Million | -38.87% |
| 2023-10-31 | $-4.84 Million | -1.96% |
| 2022-10-31 | $-4.75 Million | -36.78% |
| 2021-10-31 | $-3.47 Million | +17.10% |
| 2020-10-31 | $-4.19 Million | +2.13% |
| 2019-10-31 | $-4.28 Million | -24.99% |
| 2018-10-31 | $-3.42 Million | +0.03% |
| 2017-10-31 | $-3.42 Million | +12.25% |
| 2016-10-31 | $-3.90 Million | -377.95% |
| 2015-10-31 | $1.40 Million | -71.13% |
| 2014-10-31 | $4.86 Million | +216.60% |
| 2013-10-31 | $1.54 Million | +269.91% |
| 2012-10-31 | $-904.00K | -316.59% |
| 2011-10-31 | $-217.00K | +78.70% |
| 2010-10-31 | $-1.02 Million | -166.91% |
| 2009-10-31 | $1.52 Million | +588.14% |
| 2008-10-31 | $-312.00K | +79.63% |
| 2007-10-31 | $-1.53 Million | -241.20% |
| 2006-10-31 | $-449.00K | -498.67% |
| 2005-10-31 | $-75.00K | -297.37% |
| 2004-10-31 | $38.00K | -63.46% |
| 2003-10-31 | $104.00K | -92.53% |
| 2002-10-31 | $1.39 Million | -90.15% |
| 2001-10-31 | $14.12 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Micromem Technologies 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 12638611500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (October 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $119.66 Million | % |
| Total Equity | $-6.72 Million | 100.00% |
Micromem Technologies Inc Competitors by Market Cap
The table below lists competitors of Micromem Technologies Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dabomb Protein
TWO:6578
|
$19.73 Million |
|
YIHO International Co., Ltd.
TWO:7590
|
$19.74 Million |
|
FCS Software Solutions Limited
NSE:FCSSOFT
|
$19.74 Million |
|
Binero Group AB
ST:BINERO
|
$19.75 Million |
|
Jervois Mining Ltd
PINK:JRVMF
|
$19.72 Million |
|
Invesque Inc
PINK:MHIVF
|
$19.72 Million |
|
Genius Group Ltd
NYSE MKT:GNS
|
$19.71 Million |
|
Schlatter Industries AG
SW:STRN
|
$19.70 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Micromem Technologies Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -4,841,204 to -6,722,982, a change of -1,881,778.
- Net loss of 3,062,798 reduced equity.
- New share issuances of 631,456 increased equity.
- Other factors increased equity by 549,564.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-3.06 Million | -45.56% |
| Share Issuances | $631.46K | +9.39% |
| Other Changes | $549.56K | +8.17% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Micromem Technologies 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-10-31 | $-0.01 | $0.05 | x |
| 2018-10-31 | $-0.01 | $0.05 | x |
| 2019-10-31 | $-0.01 | $0.05 | x |
| 2020-10-31 | $-0.01 | $0.05 | x |
| 2021-10-31 | $-0.01 | $0.05 | x |
| 2022-10-31 | $-0.01 | $0.05 | x |
| 2023-10-31 | $-0.01 | $0.05 | x |
| 2024-10-31 | $-0.01 | $0.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Micromem Technologies 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): 0.00%
- 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: 0.00x
- Recent ROE (0.00%) is above the historical average (-78.01%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -386.32% | 0.00% | 0.00x | 1.41x | $-6.09 Million |
| 2014 | -85.64% | 0.00% | 0.00x | 1.16x | $-4.65 Million |
| 2015 | -464.18% | 0.00% | 0.00x | 2.61x | $-6.66 Million |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-6.42 Million |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-4.00 Million |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.02 Million |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.40 Million |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-826.66K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-665.85K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.81 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.21 Million |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.39 Million |
Industry Comparison
This section compares Micromem Technologies Inc's net assets metrics with peer companies in the Semiconductors industry.
Industry Context
- Industry: Semiconductors
- Average net assets among peers: $1,032,397,694
- Average return on equity (ROE) among peers: -33.76%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Micromem Technologies Inc (MMTIF) | $-6.24 Million | -386.32% | N/A | $19.73 Million |
| Analog Devices Inc (ADI) | $3.80 Billion | 22.85% | 0.39x | $150.01 Billion |
| Arteris Inc (AIP) | $-14.63 Million | 0.00% | 0.00x | $535.54 Million |
| Astera Labs, Inc. (ALAB) | $-85.29 Million | 0.00% | 0.00x | $17.81 Billion |
| Allegro Microsystems Inc (ALGM) | $634.13 Million | 5.83% | 0.29x | $3.98 Billion |
| Aeluma, Inc (ALMU) | $5.10 Million | -67.68% | 0.16x | $159.25 Million |
| Ambiq Micro, Inc. (AMBQ) | $89.01 Million | -28.47% | 0.18x | $419.98 Million |
| Advanced Micro Devices Inc (AMD) | $187.00 Million | -215.51% | 19.14x | $318.29 Billion |
| AMSSD (AMSSD) | $1.91 Billion | -84.67% | 2.89x | $27.31K |
| Alpha and Omega Semiconductor Ltd (AOSL) | $260.25 Million | 14.53% | 0.34x | $512.72 Million |
| Arm Holdings plc American Depositary Shares (ARM) | $3.55 Billion | 15.47% | 0.83x | $17.42 Billion |