Earthworks Industries Inc
Earthworks Industries Inc., a development stage company, focuses on providing waste disposal services. The company was incorporated in 1984 and is headquartered in Vancouver, Canada.
Earthworks Industries Inc (EAATF) - Net Assets
Latest net assets as of August 2025: $-7.49 Million USD
Based on the latest financial reports, Earthworks Industries Inc (EAATF) has net assets worth $-7.49 Million USD as of August 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($170.13K) and total liabilities ($7.66 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 | $-7.49 Million |
| % of Total Assets | -4400.76% |
| Annual Growth Rate | N/A |
| 5-Year Change | -471.59% |
| 10-Year Change | -369.56% |
| Growth Volatility | 63.73 |
Earthworks Industries Inc - Net Assets Trend (1997–2024)
This chart illustrates how Earthworks Industries 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 Earthworks Industries Inc (1997–2024)
The table below shows the annual net assets of Earthworks Industries Inc from 1997 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-11-30 | $-6.84 Million | -189.94% |
| 2023-11-30 | $7.61 Million | +219.26% |
| 2022-11-30 | $2.38 Million | +13.00% |
| 2021-11-30 | $2.11 Million | +14.51% |
| 2020-11-30 | $1.84 Million | -16.39% |
| 2019-11-30 | $2.20 Million | -13.79% |
| 2018-11-30 | $2.56 Million | -21.86% |
| 2017-11-30 | $3.27 Million | +35.02% |
| 2016-11-30 | $2.42 Million | -4.60% |
| 2015-11-30 | $2.54 Million | +48.82% |
| 2014-11-30 | $1.71 Million | +48.55% |
| 2013-11-30 | $1.15 Million | +1.71% |
| 2012-11-30 | $1.13 Million | -74.79% |
| 2011-11-30 | $4.48 Million | -14.67% |
| 2010-11-30 | $5.25 Million | +8.06% |
| 2009-11-30 | $4.86 Million | +21.59% |
| 2008-11-30 | $4.00 Million | -22.78% |
| 2007-11-30 | $5.17 Million | -5.11% |
| 2006-11-30 | $5.45 Million | +11.70% |
| 2005-11-30 | $4.88 Million | +7.22% |
| 2004-11-30 | $4.55 Million | +28.09% |
| 2003-11-30 | $3.55 Million | +40.89% |
| 2002-11-30 | $2.52 Million | -1.60% |
| 2001-11-30 | $2.56 Million | +80.53% |
| 2000-11-30 | $1.42 Million | +47.86% |
| 1999-11-30 | $960.36K | +2.68% |
| 1998-11-30 | $935.33K | +61.72% |
| 1997-11-30 | $578.37K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Earthworks Industries 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 3596160800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (November 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $27.28 Million | % |
| Other Comprehensive Income | $5.41 Million | % |
| Total Equity | $-6.84 Million | 100.00% |
Earthworks Industries Inc Competitors by Market Cap
The table below lists competitors of Earthworks Industries Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BACHEM HLDG N -B-
MU:BHM
|
$657.38K |
|
FLSMIDTH & CO. - Dusseldorf Stock Exchang
DU:F6O1
|
$657.40K |
|
Onconetix Inc
NASDAQ:ONCO
|
$657.63K |
|
Dong-A Socio Holdings Co. Ltd.
KQ:000640
|
$657.87K |
|
Tancheng Group Co., Ltd.
PINK:QSJC
|
$657.23K |
|
Lifeloc Technologies Inc
PINK:LCTC
|
$656.83K |
|
HENRY SCHEIN
BE:HS2
|
$656.66K |
|
The LGL Group, Inc. WT
NYSE:LGL-WT
|
$656.29K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Earthworks Industries Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 7,608,321 to -6,843,207, a change of -14,451,528 (-189.9%).
- Net loss of 15,122,285 reduced equity.
- New share issuances of 62,142 increased equity.
- Other comprehensive income increased equity by 188,015.
- Other factors increased equity by 420,600.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-15.12 Million | -220.98% |
| Share Issuances | $62.14K | +0.91% |
| Other Comprehensive Income | $188.01K | +2.75% |
| Other Changes | $420.60K | +6.15% |
| Total Change | $- | -189.94% |
Book Value vs Market Value Analysis
This analysis compares Earthworks Industries 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 |
|---|---|---|---|
| 1997-11-30 | $0.12 | $0.03 | x |
| 1998-11-30 | $0.15 | $0.03 | x |
| 1999-11-30 | $0.14 | $0.03 | x |
| 2000-11-30 | $0.16 | $0.03 | x |
| 2001-11-30 | $0.23 | $0.03 | x |
| 2002-11-30 | $0.21 | $0.03 | x |
| 2003-11-30 | $0.25 | $0.03 | x |
| 2004-11-30 | $0.29 | $0.03 | x |
| 2005-11-30 | $0.29 | $0.03 | x |
| 2006-11-30 | $0.30 | $0.03 | x |
| 2007-11-30 | $0.28 | $0.03 | x |
| 2008-11-30 | $0.21 | $0.03 | x |
| 2009-11-30 | $0.24 | $0.03 | x |
| 2010-11-30 | $0.23 | $0.03 | x |
| 2011-11-30 | $0.18 | $0.03 | x |
| 2012-11-30 | $0.04 | $0.03 | x |
| 2013-11-30 | $0.04 | $0.03 | x |
| 2014-11-30 | $0.05 | $0.03 | x |
| 2015-11-30 | $0.05 | $0.03 | x |
| 2016-11-30 | $0.05 | $0.03 | x |
| 2017-11-30 | $0.05 | $0.03 | x |
| 2018-11-30 | $0.04 | $0.03 | x |
| 2019-11-30 | $0.03 | $0.03 | x |
| 2020-11-30 | $0.02 | $0.03 | x |
| 2021-11-30 | $0.03 | $0.03 | x |
| 2022-11-30 | $0.03 | $0.03 | x |
| 2023-11-30 | $0.07 | $0.03 | x |
| 2024-11-30 | $-0.06 | $0.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Earthworks Industries 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: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-37.83%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | -128.41% | -74266700.00% | 0.00x | 3.02x | $-800.50K |
| 1998 | -51.30% | -47986400.00% | 0.00x | 2.18x | $-573.40K |
| 1999 | -27.43% | -26344100.00% | 0.00x | 2.42x | $-359.48K |
| 2000 | -32.54% | -46200600.00% | 0.00x | 1.94x | $-604.00K |
| 2001 | -2.71% | -6946100.00% | 0.00x | 1.24x | $-325.82K |
| 2002 | -11.57% | 0.00% | 0.00x | 1.20x | $-544.02K |
| 2003 | -10.97% | 0.00% | 0.00x | 1.14x | $-745.22K |
| 2004 | -14.89% | 0.00% | 0.00x | 1.05x | $-1.13 Million |
| 2005 | -8.51% | 0.00% | 0.00x | 1.08x | $-903.47K |
| 2006 | -10.10% | 0.00% | 0.00x | 1.07x | $-1.10 Million |
| 2007 | -14.97% | 0.00% | 0.00x | 1.26x | $-1.29 Million |
| 2008 | -37.34% | 0.00% | 0.00x | 2.23x | $-1.89 Million |
| 2009 | 2.02% | 0.00% | 0.00x | 1.91x | $-387.86K |
| 2010 | -14.52% | 0.00% | 0.00x | 1.82x | $-1.29 Million |
| 2011 | -28.82% | 0.00% | 0.00x | 2.17x | $-1.74 Million |
| 2012 | -236.65% | 0.00% | 0.00x | 7.21x | $-2.78 Million |
| 2013 | -18.66% | 0.00% | 0.00x | 7.53x | $-329.11K |
| 2014 | -64.04% | 0.00% | 0.00x | 5.51x | $-1.26 Million |
| 2015 | -29.51% | 0.00% | 0.00x | 4.28x | $-1.00 Million |
| 2016 | -30.83% | 0.00% | 0.00x | 4.54x | $-988.84K |
| 2017 | -47.71% | 0.00% | 0.00x | 3.50x | $-1.89 Million |
| 2018 | -45.02% | 0.00% | 0.00x | 4.30x | $-1.41 Million |
| 2019 | -42.52% | 0.00% | 0.00x | 5.00x | $-1.16 Million |
| 2020 | -55.31% | 0.00% | 0.00x | 5.94x | $-1.20 Million |
| 2021 | -49.59% | 0.00% | 0.00x | 5.32x | $-1.26 Million |
| 2022 | -77.26% | 0.00% | 0.00x | 5.08x | $-2.08 Million |
| 2023 | 29.82% | 0.00% | 0.00x | 1.72x | $1.51 Million |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | $-14.44 Million |
Industry Comparison
This section compares Earthworks Industries Inc's net assets metrics with peer companies in the Waste Management industry.
Industry Context
- Industry: Waste Management
- Average net assets among peers: $61,795,124
- Average return on equity (ROE) among peers: -17.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Earthworks Industries Inc (EAATF) | $-7.49 Million | -128.41% | N/A | $657.30K |
| American Battery Technology Company Common Stock (ABAT) | $70.60 Million | -66.24% | 0.20x | $410.46 Million |
| Agilyx AS (AGXXF) | $35.34 Million | 10.45% | 1.10x | $152.59 Million |
| Ambipar Emergency Response (AMBI) | $8.37 Million | 0.00% | 1.76x | $5.74 Million |
| Anaergia Inc (ANRGF) | $125.77 Million | -18.04% | 2.60x | $20.51 Million |
| Aqua Metals Inc (AQMS) | $31.14 Million | -82.73% | 0.13x | $12.23 Million |
| Avalon Holdings Corporation (AWX) | $39.44 Million | 3.70% | 0.21x | $5.00 Million |
| BacTech Environmental Corporation (BCCEF) | $-1.02 Million | 0.00% | 0.00x | $7.36 Million |
| Befesa S.A (BFSAF) | $259.26 Million | -13.65% | 3.41x | $1.39 Billion |
| BluMetric Environmental Inc. (BLMWF) | $12.19 Million | 4.16% | 0.64x | $27.18 Million |
| BQE Water Inc (BTQNF) | $36.85 Million | -14.23% | 0.05x | $25.45 Million |