Madison Metals Inc.
Critical One Energy Inc., an upstream mining and exploration company, focuses on sustainable uranium production activities in Namibia and Canada. It holds interest in the Kenora Uranium project located in the Kenora, Ontario; and the Rossing North Uranium project located in the Erongo Province, Namibia. The company was formerly known as Madison Metals Inc. and changed its name to Critical One Ene… Read more
Madison Metals Inc. (MMTLF) - Net Assets
Latest net assets as of August 2025: $7.66 Million USD
Based on the latest financial reports, Madison Metals Inc. (MMTLF) has net assets worth $7.66 Million USD as of August 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($8.09 Million) and total liabilities ($435.50K). 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 | $7.66 Million |
| % of Total Assets | 94.62% |
| Annual Growth Rate | 1761.62% |
| 5-Year Change | 1056.54% |
| 10-Year Change | N/A |
| Growth Volatility | 7779601.41 |
Madison Metals Inc. - Net Assets Trend (2019–2024)
This chart illustrates how Madison 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 Madison Metals Inc. (2019–2024)
The table below shows the annual net assets of Madison Metals Inc. from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-11-30 | $2.25 Million | +23.09% |
| 2023-11-30 | $1.83 Million | -49.75% |
| 2022-11-30 | $3.64 Million | +142.94% |
| 2021-11-30 | $1.50 Million | +669.68% |
| 2020-11-30 | $194.49K | +19449200.00% |
| 2019-11-30 | $1.00 | -- |
Equity Component Analysis
This analysis shows how different components contribute to Madison 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 1239099700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (November 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $14.64 Million | 650.86% |
| Total Equity | $2.25 Million | 100.00% |
Madison Metals Inc. Competitors by Market Cap
The table below lists competitors of Madison Metals Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Morien Resources Corp
PINK:APMCF
|
$8.67 Million |
|
CARTIER SILVER CORP
F:2CI0
|
$8.68 Million |
|
Educational Development Corporation
NASDAQ:EDUC
|
$8.68 Million |
|
Promateris SA
RO:PPL
|
$8.68 Million |
|
Latitude 66 Ltd
AU:LAT
|
$8.67 Million |
|
Micro Leasing Public Company Limited
BK:MICRO
|
$8.67 Million |
|
Rifa Ind
KO:000760
|
$8.66 Million |
|
InterServ International Inc.
TWO:6169
|
$8.66 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Madison Metals Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,827,499 to 2,249,395, a change of 421,896 (23.1%).
- Net loss of 1,682,881 reduced equity.
- New share issuances of 1,664,729 increased equity.
- Other factors increased equity by 440,048.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.68 Million | -74.81% |
| Share Issuances | $1.66 Million | +74.01% |
| Other Changes | $440.05K | +19.56% |
| Total Change | $- | 23.09% |
Book Value vs Market Value Analysis
This analysis compares Madison 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: 2.83x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 3457733.40x to 2.83x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-11-30 | $0.00 | $0.20 | x |
| 2020-11-30 | $0.01 | $0.20 | x |
| 2021-11-30 | $0.09 | $0.20 | x |
| 2022-11-30 | $0.18 | $0.20 | x |
| 2023-11-30 | $0.07 | $0.20 | x |
| 2024-11-30 | $0.07 | $0.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Madison 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): -74.81%
- 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: 1.33x
- Recent ROE (-74.81%) is below the historical average (252.03%), 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 | 1637.68% | 0.00% | 0.00x | 4.40x | $3.17 Million |
| 2021 | 18.66% | 0.00% | 0.00x | 1.02x | $129.71K |
| 2022 | -58.49% | 0.00% | 0.00x | 1.01x | $-2.49 Million |
| 2023 | -262.90% | 0.00% | 0.00x | 1.31x | $-4.99 Million |
| 2024 | -74.81% | 0.00% | 0.00x | 1.33x | $-1.91 Million |
Industry Comparison
This section compares Madison Metals Inc.'s net assets metrics with peer companies in the Uranium industry.
Industry Context
- Industry: Uranium
- Average net assets among peers: $16,988,040
- Average return on equity (ROE) among peers: -24.96%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Madison Metals Inc. (MMTLF) | $7.66 Million | 1637.68% | 0.06x | $8.67 Million |
| Anfield Energy Inc. (AEC) | $14.69 Million | -60.28% | 1.45x | $74.75 Million |
| AEMLF (AEMLF) | $7.09 Million | -26.99% | 0.04x | $2.04 Million |
| Alligator Energy Limited (ALGEF) | $8.63 Million | -11.42% | 0.05x | $63.13 Million |
| ALX Resources Corp (ALXEF) | $298.51K | -8.80% | 0.03x | $3.92 Million |
| Appia Energy Corp (APAAF) | $27.17 Million | -2.82% | 0.16x | $11.14 Million |
| Aura Energy Limited (AUEEF) | $16.57 Million | -16.64% | 0.03x | $55.36 Million |
| Azincourt Uranium Inc (AZURF) | $7.85 Million | -91.09% | 0.04x | $1.89 Million |
| Berkeley Energy Ltd (BKLRF) | $25.00 Million | -28.01% | 0.04x | $175.19 Million |
| Blue Sky Uranium Corp (BKUCF) | $-393.25K | 0.00% | 0.00x | $12.59 Million |
| Bannerman Resources Ltd (BNNLF) | $62.97 Million | -3.54% | 0.01x | $221.50 Million |