PyroGenesis Canada Inc.
PyroGenesis Inc. designs, develops, manufactures, and commercializes plasma processes and solutions worldwide. The company offers DROSRITE, a process for enhancing metal recovery from dross without any hazardous by-products; plasma atomization process that allows produce and sell spherical metal powders; PUREVAP, a process to produce high purity metallurgical and solar grade silicon from quartz; … Read more
PyroGenesis Canada Inc. (PYRGF) - Net Assets
Latest net assets as of September 2025: $-10.87 Million USD
Based on the latest financial reports, PyroGenesis Canada Inc. (PYRGF) has net assets worth $-10.87 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 ($18.94 Million) and total liabilities ($29.81 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 | $-10.87 Million |
| % of Total Assets | -57.38% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 35.61 |
PyroGenesis Canada Inc. - Net Assets Trend (2019–2023)
This chart illustrates how PyroGenesis Canada 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 PyroGenesis Canada Inc. (2019–2023)
The table below shows the annual net assets of PyroGenesis Canada Inc. from 2019 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $-2.83 Million | -116.77% |
| 2022-12-31 | $16.87 Million | -58.62% |
| 2021-12-31 | $40.77 Million | -31.39% |
| 2020-12-31 | $59.42 Million | +1076.88% |
| 2019-12-31 | $-6.08 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to PyroGenesis Canada 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 6165137600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $119.06 Million | % |
| Total Equity | $-2.83 Million | 100.00% |
PyroGenesis Canada Inc. Competitors by Market Cap
The table below lists competitors of PyroGenesis Canada Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Panelsan Cati Cephe Sistemleri Sanayi ve Ticaret AS
IS:PNLSN
|
$36.73 Million |
|
NetSol Technologies Inc
NASDAQ:NTWK
|
$36.73 Million |
|
APM Automotive Holdings Bhd
KLSE:5015
|
$36.74 Million |
|
Veru Inc
NASDAQ:VERU
|
$36.76 Million |
|
Enterprise Group Inc
PINK:ETOLF
|
$36.72 Million |
|
Tailyn Technologies
TWO:5353
|
$36.71 Million |
|
BranchOut Food Inc. Common Stock
NASDAQ:BOF
|
$36.69 Million |
|
Hainan Poly Pharm Co Ltd
SHE:300630
|
$36.69 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PyroGenesis Canada Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 16,868,927 to -2,828,577, a change of -19,697,504 (-116.8%).
- Net loss of 28,504,174 reduced equity.
- New share issuances of 4,960,483 increased equity.
- Other factors increased equity by 3,846,187.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-28.50 Million | -1007.72% |
| Share Issuances | $4.96 Million | +175.37% |
| Other Changes | $3.85 Million | +135.98% |
| Total Change | $- | -116.77% |
Book Value vs Market Value Analysis
This analysis compares PyroGenesis Canada 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 |
|---|---|---|---|
| 2019-12-31 | $-0.04 | $0.35 | x |
| 2020-12-31 | $0.36 | $0.35 | x |
| 2021-12-31 | $0.24 | $0.35 | x |
| 2022-12-31 | $0.10 | $0.35 | x |
| 2023-12-31 | $-0.02 | $0.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PyroGenesis Canada 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: -230.89%
- • Asset Turnover: 0.43x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-42.93%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 0.00% | -190.51% | 0.50x | 0.00x | $-8.56 Million |
| 2020 | 70.29% | 234.98% | 0.24x | 1.25x | $35.83 Million |
| 2021 | -94.27% | -123.70% | 0.45x | 1.71x | $-42.51 Million |
| 2022 | -190.69% | -169.18% | 0.40x | 2.83x | $-33.85 Million |
| 2023 | 0.00% | -230.89% | 0.43x | 0.00x | $-28.22 Million |
Industry Comparison
This section compares PyroGenesis Canada Inc.'s net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $49,834,203,139
- Average return on equity (ROE) among peers: -24.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PyroGenesis Canada Inc. (PYRGF) | $-10.87 Million | 0.00% | N/A | $36.73 Million |
| American Commerce Solutions Inc (AACS) | $554.04K | -209.75% | 2.35x | $38.47K |
| ATI Airtest Technologies Inc (AATGF) | $-3.05 Million | 0.00% | 0.00x | $2.79 Million |
| ABB Turbo Systems AG (ACLIF) | $302.90 Million | 33.41% | 2.98x | $4.32 Billion |
| Agfa-Gevaert NV (AFGVF) | $130.00 Million | -40.77% | 16.65x | $91.17 Million |
| Alphaform AG (AFRMF) | $9.59 Million | -32.38% | 1.09x | $691.72 |
| Airtificial Intelligence Structures S.A (AITLF) | $-8.71 Million | 0.00% | 0.00x | $53.18 Million |
| Alfa Laval AB (publ) (ALFVF) | $10.49 Billion | 35.97% | 1.77x | $13.09 Billion |
| Amada Co. Ltd (AMDLY) | $484.04 Billion | 5.74% | 0.27x | $3.72 Billion |
| Ametek Inc (AME) | $3.25 Billion | 18.15% | 1.05x | $49.22 Billion |
| American Superconductor Corporation (AMSC) | $125.12 Million | -52.85% | 0.73x | $1.42 Billion |