Vortex Metals Inc
Vortex Metals Inc. engages in the acquisition, exploration, and evaluation of resource properties in Canada, Mexico, and Chile. It explores for copper and gold properties. The company's properties include the Riqueza Marina-Zaachila project which consist of four exploration concessions in two distinct blocks covering an area of 15,308 hectares located in southern Oaxaca, Mexico; Zaachila Project … Read more
Vortex Metals Inc (VMSSF) - Net Assets
Latest net assets as of September 2025: $4.59 Million USD
Based on the latest financial reports, Vortex Metals Inc (VMSSF) has net assets worth $4.59 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($7.72 Million) and total liabilities ($3.13 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 | $4.59 Million |
| % of Total Assets | 59.43% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 11.45 |
Vortex Metals Inc - Net Assets Trend (2019–2024)
This chart illustrates how Vortex 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 Vortex Metals Inc (2019–2024)
The table below shows the annual net assets of Vortex Metals Inc from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $4.48 Million | -5.02% |
| 2023-12-31 | $4.72 Million | -27.91% |
| 2022-12-31 | $6.55 Million | +1897.33% |
| 2021-12-31 | $-364.19K | -105.74% |
| 2020-12-31 | $-177.01K | -311.96% |
| 2019-12-31 | $-42.97K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Vortex 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 859804900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $13.81 Million | 308.12% |
| Total Equity | $4.48 Million | 100.00% |
Vortex Metals Inc Competitors by Market Cap
The table below lists competitors of Vortex Metals Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kwang Jin Ind. Co. Ltd
KQ:026910
|
$4.86 Million |
|
PT Sinergi Multi Lestarindo Tb
JK:SMLE
|
$4.86 Million |
|
Saga Furs Oyj C
HE:SAGCV
|
$4.86 Million |
|
Solstice Gold Corp
PINK:SGCPF
|
$4.87 Million |
|
Edge Total Intelligence Inc.
OTCQB:UNFYF
|
$4.86 Million |
|
KENYA COMMERCIAL BANK LTD
RSE:KCB
|
$4.86 Million |
|
Telsys
TA:TLSY
|
$4.86 Million |
|
Chariot Corporation Ltd
AU:CC9
|
$4.86 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Vortex Metals Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,718,485 to 4,481,584, a change of -236,901 (-5.0%).
- Net loss of 2,531,609 reduced equity.
- New share issuances of 1,739,657 increased equity.
- Other factors increased equity by 555,051.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.53 Million | -56.49% |
| Share Issuances | $1.74 Million | +38.82% |
| Other Changes | $555.05K | +12.39% |
| Total Change | $- | -5.02% |
Book Value vs Market Value Analysis
This analysis compares Vortex 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: 0.82x
- 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 | $0.00 | $0.05 | x |
| 2020-12-31 | $0.00 | $0.05 | x |
| 2021-12-31 | $-0.01 | $0.05 | x |
| 2022-12-31 | $0.11 | $0.05 | x |
| 2023-12-31 | $0.08 | $0.05 | x |
| 2024-12-31 | $0.06 | $0.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Vortex 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): -56.49%
- 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: 1.70x
- Recent ROE (-56.49%) is below the historical average (-25.91%), 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 | 0.00% | 0.00% | 0.00x | 0.00x | $-38.77K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-116.34K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-150.75K |
| 2022 | -58.80% | 0.00% | 0.00x | 1.20x | $-4.50 Million |
| 2023 | -40.20% | 0.00% | 0.00x | 1.44x | $-2.37 Million |
| 2024 | -56.49% | 0.00% | 0.00x | 1.70x | $-2.98 Million |
Industry Comparison
This section compares Vortex Metals Inc's net assets metrics with peer companies in the Other Precious Metals & Mining industry.
Industry Context
- Industry: Other Precious Metals & Mining
- Average net assets among peers: $9,705,177,506
- Average return on equity (ROE) among peers: -74.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Vortex Metals Inc (VMSSF) | $4.59 Million | 0.00% | 0.68x | $4.86 Million |
| AbraSilver Resource Corp (ABBRF) | $3.05 Million | -108.70% | 0.31x | $280.10 Million |
| American Copper Development Corporation (ACDXF) | $-331.64K | 0.00% | 0.00x | $1.96 Million |
| American Creek Resources Ltd (ACKRF) | $2.36 Million | -67.11% | 0.29x | $23.79 Million |
| American Clean Resources Group Inc. (ACRG) | $23.29 Million | -69.73% | 0.66x | $9.52 Million |
| Adyton Resources Corporation (ADYRF) | $14.98 Million | 5.60% | 0.05x | $26.44 Million |
| Austral Gold Limited (AGLDF) | $542.56K | -504.60% | 1.47x | $4.83 Million |
| Anglo American Platinum Limited (AGPPF) | $96.96 Billion | 50.69% | 0.82x | $8.40 Billion |
| Athena Gold Corp (AHNR) | $4.96 Million | -13.77% | 0.26x | $779.22K |
| Alaska Energy Metals Corporation (AKEMF) | $26.15 Million | -33.81% | 0.05x | $14.55 Million |
| ALXPF (ALXPF) | $14.77 Million | -5.14% | 0.08x | $24.72 Million |