New Energy Metals Corp.
New Energy Metals Corp., a junior mineral exploration company, engages in the acquisition, exploration, and development of mineral properties in Canada. It primarily explores for copper and lithium deposits. The company has an option to acquire 100% interest in the Troitsa Kate copper property that comprise 26 mineral claims covering an area of approximately 7,000 hectares located in the Omineca … Read more
New Energy Metals Corp. (NRGYF) - Net Assets
Latest net assets as of December 2024: $62.92K USD
Based on the latest financial reports, New Energy Metals Corp. (NRGYF) has net assets worth $62.92K USD as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($286.60K) and total liabilities ($223.69K). 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 | $62.92K |
| % of Total Assets | 21.95% |
| Annual Growth Rate | -43.62% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 28.06 |
New Energy Metals Corp. - Net Assets Trend (2019–2024)
This chart illustrates how New Energy Metals Corp.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for New Energy Metals Corp. (2019–2024)
The table below shows the annual net assets of New Energy Metals Corp. from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | $83.47K | -93.07% |
| 2023-06-30 | $1.20 Million | +371.17% |
| 2022-06-30 | $-444.27K | +28.34% |
| 2021-06-30 | $-619.97K | +14.09% |
| 2020-06-30 | $-721.68K | -149.20% |
| 2019-06-30 | $1.47 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to New Energy Metals Corp.'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 284794400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $9.97 Million | 11948.50% |
| Total Equity | $83.47K | 100.00% |
New Energy Metals Corp. Competitors by Market Cap
The table below lists competitors of New Energy Metals Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Athena Gold Corp
OTCQB:AHNR
|
$779.22K |
|
STRATA Skin Sciences Inc
NASDAQ:SSKN
|
$779.33K |
|
Golan Plastic
TA:GLPL
|
$779.35K |
|
Isupetasys Co. Ltd.
KQ:007660
|
$779.37K |
|
EBAY - Dusseldorf Stock Exchang
DU:EBA
|
$778.34K |
|
SHAREHOLD VAL BET.
BE:SVE
|
$777.85K |
|
Totec Resources Ltd.
V:TOTC
|
$777.63K |
|
LABOCANNA S.A. ZY-10
F:9Y2
|
$777.49K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in New Energy Metals Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,204,724 to 83,468, a change of -1,121,256 (-93.1%).
- Net loss of 1,308,504 reduced equity.
- Other factors increased equity by 187,248.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.31 Million | -1567.67% |
| Other Changes | $187.25K | +224.34% |
| Total Change | $- | -93.07% |
Book Value vs Market Value Analysis
This analysis compares New Energy Metals Corp.'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: 10.48x
- 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 3.46x to 10.48x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-06-30 | $0.07 | $0.24 | x |
| 2020-06-30 | $-0.03 | $0.24 | x |
| 2021-06-30 | $-0.03 | $0.24 | x |
| 2022-06-30 | $-0.02 | $0.24 | x |
| 2023-06-30 | $0.35 | $0.24 | x |
| 2024-06-30 | $0.02 | $0.24 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently New Energy Metals Corp. 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): -1567.67%
- 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: 3.57x
- Recent ROE (-1567.67%) is below the historical average (-326.08%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -305.72% | 0.00% | 0.00x | 1.10x | $-4.63 Million |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.28 Million |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $68.41K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $212.12K |
| 2023 | -83.09% | 0.00% | 0.00x | 1.13x | $-1.12 Million |
| 2024 | -1567.67% | 0.00% | 0.00x | 3.57x | $-1.32 Million |
Industry Comparison
This section compares New Energy Metals Corp.'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: $2,860,622,178
- Average return on equity (ROE) among peers: -17.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| New Energy Metals Corp. (NRGYF) | $62.92K | -305.72% | 3.56x | $778.42K |
| Asia Broadband Inc (AABB) | $-613.21K | 0.00% | 0.00x | $228.68 |
| Altair Resources Inc (AAEEF) | $-1.37 Million | 0.00% | 0.00x | $165.38K |
| Aftermath Silver Ltd (AAGFF) | $18.53 Million | -47.33% | 0.52x | $99.81 Million |
| Anglo American plc (AAUKF) | $28.53 Billion | -10.75% | 1.27x | $26.36 Billion |
| Abacus Mining & Exploration Corporation (ABCFF) | $-12.92 Million | 0.00% | 0.00x | $1.95 Million |
| Vision Lithium Inc (ABEPF) | $526.04K | -142.32% | 1.21x | $3.75 Million |
| Arbor Metals Corp (ABRMF) | $584.31K | -19.85% | 0.08x | $3.05 Million |
| ACG Metals Limited (ACGAF) | $58.31 Million | -22.45% | 2.63x | $121.32 Million |
| ACME Lithium Inc (ACLHF) | $-375.11K | 0.00% | 0.00x | $561.74K |
| ACMNF (ACMNF) | $10.55 Million | 67.11% | 0.22x | $14.34 Million |