Fission Uranium Corp
Fission Uranium Corp. engages in the acquisition, exploration, and development of uranium resource properties in Canada. Its flagship property is the 100% owned Patterson Lake South property with 17 contiguous mineral claims covering an area of 31,039 ha located in the Athabasca Basin region of Saskatchewan, Canada. The company was incorporated in 2013 and is headquartered in Kelowna, Canada.
Fission Uranium Corp (FCUUF) - Net Assets
Latest net assets as of September 2024: $545.55 Million USD
Based on the latest financial reports, Fission Uranium Corp (FCUUF) has net assets worth $545.55 Million USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($548.05 Million) and total liabilities ($2.51 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 | $545.55 Million |
| % of Total Assets | 99.54% |
| Annual Growth Rate | 30.76% |
| 5-Year Change | 39.09% |
| 10-Year Change | 111.24% |
| Growth Volatility | 241.44 |
Fission Uranium Corp - Net Assets Trend (2012–2023)
This chart illustrates how Fission Uranium 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 Fission Uranium Corp (2012–2023)
The table below shows the annual net assets of Fission Uranium Corp from 2012 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $447.84 Million | +11.49% |
| 2022-12-31 | $401.69 Million | +3.78% |
| 2021-12-31 | $387.06 Million | +13.55% |
| 2020-12-31 | $340.89 Million | +5.87% |
| 2019-12-31 | $321.98 Million | -1.58% |
| 2018-12-31 | $327.15 Million | -1.37% |
| 2017-12-31 | $331.70 Million | -1.06% |
| 2016-12-31 | $335.27 Million | -0.61% |
| 2015-12-31 | $337.32 Million | +59.10% |
| 2014-12-31 | $212.01 Million | -4.43% |
| 2013-12-31 | $221.83 Million | +846.25% |
| 2012-12-31 | $23.44 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Fission Uranium 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 15184100000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $599.68 Million | 133.91% |
| Total Equity | $447.84 Million | 100.00% |
Fission Uranium Corp Competitors by Market Cap
The table below lists competitors of Fission Uranium Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jess-Link Products Co Ltd
TW:6197
|
$433.05 Million |
|
BECE Legend Group Co Ltd
SHE:000803
|
$433.08 Million |
|
Zhejiang Jindun Fans Co Ltd
SHE:300411
|
$433.09 Million |
|
Atalaya Mining Plc
PINK:ATLMF
|
$433.10 Million |
|
Shenzhen Deren Electronic Co Ltd
SHE:002055
|
$432.99 Million |
|
Towngas China Company Limited
PINK:TGASF
|
$432.89 Million |
|
BW Offshore Limited
PINK:BWOFY
|
$432.70 Million |
|
Tangshan Sunfar Silicon Ind
SHG:603938
|
$432.65 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fission Uranium Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 401,690,812 to 447,842,000, a change of 46,151,188 (11.5%).
- Net loss of 8,921,000 reduced equity.
- New share issuances of 50,297,000 increased equity.
- Other factors increased equity by 4,775,188.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-8.92 Million | -1.99% |
| Share Issuances | $50.30 Million | +11.23% |
| Other Changes | $4.78 Million | +1.07% |
| Total Change | $- | 11.49% |
Book Value vs Market Value Analysis
This analysis compares Fission Uranium 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: 1.04x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | $0.00 | $0.61 | x |
| 2016-12-31 | $0.00 | $0.61 | x |
| 2017-12-31 | $0.68 | $0.61 | x |
| 2018-12-31 | $0.67 | $0.61 | x |
| 2019-12-31 | $0.66 | $0.61 | x |
| 2020-12-31 | $0.59 | $0.61 | x |
| 2021-12-31 | $0.57 | $0.61 | x |
| 2022-12-31 | $0.57 | $0.61 | x |
| 2023-12-31 | $0.58 | $0.61 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fission Uranium 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): -1.99%
- 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: 1.01x
- Recent ROE (-1.99%) is above the historical average (-2.08%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 0.00% | 0.00% | 0.00x | 1.16x | $-2.34 Million |
| 2013 | -1.88% | 0.00% | 0.00x | 1.01x | $-26.36 Million |
| 2014 | -3.73% | 0.00% | 0.00x | 1.03x | $-29.11 Million |
| 2015 | -3.06% | 0.00% | 0.00x | 1.01x | $-44.07 Million |
| 2016 | -2.30% | 0.00% | 0.00x | 1.01x | $-41.25 Million |
| 2017 | -2.12% | 0.00% | 0.00x | 1.00x | $-40.21 Million |
| 2018 | -1.59% | 0.00% | 0.00x | 1.00x | $-37.90 Million |
| 2019 | -1.68% | 0.00% | 0.00x | 1.00x | $-37.60 Million |
| 2020 | -2.64% | 0.00% | 0.00x | 1.03x | $-43.10 Million |
| 2021 | -1.76% | 0.00% | 0.00x | 1.03x | $-45.51 Million |
| 2022 | -2.18% | 0.00% | 0.00x | 1.00x | $-48.93 Million |
| 2023 | -1.99% | 0.00% | 0.00x | 1.01x | $-53.71 Million |
Industry Comparison
This section compares Fission Uranium Corp'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 |
|---|---|---|---|---|
| Fission Uranium Corp (FCUUF) | $545.55 Million | 0.00% | 0.00x | $433.03 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 |