Gratomic Inc
Gratomic Inc., a junior exploration company, engages in the acquisition, exploration, and development of mineral properties in Namibia, Brazil, and Canada. The company explores for graphite, base and rare metals, industrial minerals, and precious metals. Its flagship project is the 100% owned Aukam graphite project, which covers an area of 54,695 hectares located in the district of Bethanie, sout… Read more
Gratomic Inc (CBULF) - Net Assets
Latest net assets as of September 2024: $20.03 Million USD
Based on the latest financial reports, Gratomic Inc (CBULF) has net assets worth $20.03 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 ($27.13 Million) and total liabilities ($7.10 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 | $20.03 Million |
| % of Total Assets | 73.82% |
| Annual Growth Rate | N/A |
| 5-Year Change | 192.56% |
| 10-Year Change | N/A |
| Growth Volatility | 241.26 |
Gratomic Inc - Net Assets Trend (2007–2023)
This chart illustrates how Gratomic 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 Gratomic Inc (2007–2023)
The table below shows the annual net assets of Gratomic Inc from 2007 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $21.87 Million | -5.39% |
| 2022-12-31 | $23.11 Million | +4.42% |
| 2021-12-31 | $22.13 Million | +158.35% |
| 2020-12-31 | $8.57 Million | +14.62% |
| 2019-12-31 | $7.47 Million | -25.95% |
| 2018-12-31 | $10.09 Million | +42.96% |
| 2017-12-31 | $7.06 Million | +194.69% |
| 2016-12-31 | $2.40 Million | +120.29% |
| 2015-12-31 | $1.09 Million | +633.00% |
| 2014-12-31 | $-204.04K | -764.16% |
| 2013-12-31 | $30.72K | -23.16% |
| 2012-12-31 | $39.98K | -98.60% |
| 2011-12-31 | $2.85 Million | +135.12% |
| 2010-12-31 | $1.21 Million | -16.97% |
| 2009-12-31 | $1.46 Million | +349.91% |
| 2008-12-31 | $324.60K | +5612.89% |
| 2007-12-31 | $-5.89K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Gratomic 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 9057927400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $92.68 Million | 423.84% |
| Other Comprehensive Income | $19.77 Million | 90.42% |
| Total Equity | $21.87 Million | 100.00% |
Gratomic Inc Competitors by Market Cap
The table below lists competitors of Gratomic Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
First Andes Silver Ltd.
V:FAS
|
$5.29 Million |
|
Widodo Makmur Perkasa PT
JK:WMPP
|
$5.29 Million |
|
Balyo SA
PINK:BYYLF
|
$5.29 Million |
|
Elysee Development Corp
PINK:ASXSF
|
$5.29 Million |
|
Hygrovest Ltd
AU:HGV
|
$5.29 Million |
|
Milux Corporation Bhd
KLSE:7935
|
$5.29 Million |
|
B&B Triplewall Containers Limited
NSE:BBTCL
|
$5.28 Million |
|
ADTIGER CORP.LTD.DL-0005
F:55U
|
$5.28 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Gratomic Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 23,111,944 to 21,866,563, a change of -1,245,381 (-5.4%).
- Net loss of 5,310,252 reduced equity.
- New share issuances of 4,114,679 increased equity.
- Other comprehensive income increased equity by 463,561.
- Other factors decreased equity by 513,369.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-5.31 Million | -24.28% |
| Share Issuances | $4.11 Million | +18.82% |
| Other Comprehensive Income | $463.56K | +2.12% |
| Other Changes | $-513.37K | -2.35% |
| Total Change | $- | -5.39% |
Book Value vs Market Value Analysis
This analysis compares Gratomic 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: 0.24x
- 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 |
|---|---|---|---|
| 2007-12-31 | $-0.01 | $0.03 | x |
| 2008-12-31 | $1.64 | $0.03 | x |
| 2009-12-31 | $2.17 | $0.03 | x |
| 2010-12-31 | $1.04 | $0.03 | x |
| 2011-12-31 | $8.51 | $0.03 | x |
| 2012-12-31 | $0.08 | $0.03 | x |
| 2013-12-31 | $0.01 | $0.03 | x |
| 2014-12-31 | $-0.04 | $0.03 | x |
| 2015-12-31 | $0.07 | $0.03 | x |
| 2016-12-31 | $0.07 | $0.03 | x |
| 2017-12-31 | $0.08 | $0.03 | x |
| 2018-12-31 | $0.35 | $0.03 | x |
| 2019-12-31 | $0.17 | $0.03 | x |
| 2020-12-31 | $0.14 | $0.03 | x |
| 2021-12-31 | $0.15 | $0.03 | x |
| 2022-12-31 | $0.13 | $0.03 | x |
| 2023-12-31 | $0.11 | $0.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Gratomic 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): -24.28%
- 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: 1.26x
- Recent ROE (-24.28%) is above the historical average (-754.50%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 0.00% | 0.00% | 0.00x | 0.00x | $-5.30K |
| 2008 | -35.94% | -1780.28% | 0.01x | 1.44x | $-149.12K |
| 2009 | -17.38% | 0.00% | 0.00x | 1.04x | $-399.88K |
| 2010 | -21.03% | 0.00% | 0.00x | 1.09x | $-376.26K |
| 2011 | -38.79% | 0.00% | 0.00x | 1.08x | $-1.39 Million |
| 2012 | -8726.60% | 0.00% | 0.00x | 7.80x | $-3.49 Million |
| 2013 | -3578.24% | 0.00% | 0.00x | 21.32x | $-1.10 Million |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-925.72K |
| 2015 | -49.20% | 0.00% | 0.00x | 1.30x | $-643.81K |
| 2016 | -25.56% | 0.00% | 0.00x | 1.18x | $-851.88K |
| 2017 | -31.16% | 0.00% | 0.00x | 1.25x | $-2.43 Million |
| 2018 | -38.95% | 0.00% | 0.00x | 1.22x | $-4.27 Million |
| 2019 | -55.21% | 0.00% | 0.00x | 1.47x | $-3.83 Million |
| 2020 | -52.53% | 0.00% | 0.00x | 1.44x | $-4.34 Million |
| 2021 | -96.29% | 0.00% | 0.00x | 1.04x | $-23.53 Million |
| 2022 | -35.30% | 0.00% | 0.00x | 1.15x | $-10.47 Million |
| 2023 | -24.28% | 0.00% | 0.00x | 1.26x | $-7.50 Million |
Industry Comparison
This section compares Gratomic Inc'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: $2,436,539,064
- Average return on equity (ROE) among peers: -72.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Gratomic Inc (CBULF) | $20.03 Million | 0.00% | 0.35x | $5.29 Million |
| Asia Broadband Inc (AABB) | $-384.18K | 0.00% | 0.00x | $228.54 |
| Altair Resources Inc (AAEEF) | $519.85K | -583.77% | 3.27x | $165.38K |
| Aftermath Silver Ltd (AAGFF) | $26.16 Million | -26.37% | 0.41x | $99.81 Million |
| Anglo American plc (AAUKF) | $24.32 Billion | 6.55% | 1.06x | $26.36 Billion |
| Abacus Mining & Exploration Corporation (ABCFF) | $-123.88K | 0.00% | 0.00x | $1.95 Million |
| Vision Lithium Inc (ABEPF) | $-384.45K | 0.00% | 0.00x | $3.75 Million |
| Arbor Metals Corp (ABRMF) | $700.32K | -22.12% | 0.03x | $3.05 Million |
| ACG Metals Limited (ACGAF) | $3.51 Million | -77.72% | 0.31x | $121.32 Million |
| ACME Lithium Inc (ACLHF) | $-1.00 Million | 0.00% | 0.00x | $561.74K |
| ACMNF (ACMNF) | $11.40 Million | -19.68% | 0.16x | $14.34 Million |