CANEX Metals Inc
CANEX Metals Inc., explores and develops of mineral properties in Canada and the United States. The company explores for gold, copper, and silver deposits. It holds interests in the Gold Range property that consists of 261 lode mining claims and 2 patented claims covering an area of approximately 1650 hectares located in Mohave County, Arizona; and the Gibson property covering an area of approxim… Read more
CANEX Metals Inc (NOMNF) - Net Assets
Latest net assets as of September 2025: $7.29 Million USD
Based on the latest financial reports, CANEX Metals Inc (NOMNF) has net assets worth $7.29 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 ($7.61 Million) and total liabilities ($320.22K). 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 | $7.29 Million |
| % of Total Assets | 95.79% |
| Annual Growth Rate | 3.42% |
| 5-Year Change | 99.92% |
| 10-Year Change | 1060.19% |
| Growth Volatility | 268.16 |
CANEX Metals Inc - Net Assets Trend (1996–2025)
This chart illustrates how CANEX 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 CANEX Metals Inc (1996–2025)
The table below shows the annual net assets of CANEX Metals Inc from 1996 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | $7.29 Million | +24.10% |
| 2024-09-30 | $5.87 Million | +0.79% |
| 2023-09-30 | $5.83 Million | +3.64% |
| 2022-09-30 | $5.62 Million | +54.22% |
| 2021-09-30 | $3.65 Million | +54.00% |
| 2020-09-30 | $2.37 Million | +125.86% |
| 2019-09-30 | $1.05 Million | +53.59% |
| 2018-09-30 | $682.35K | +8.89% |
| 2017-09-30 | $626.65K | -0.24% |
| 2016-09-30 | $628.15K | +87.71% |
| 2015-09-30 | $334.64K | -10.58% |
| 2014-09-30 | $374.23K | -44.65% |
| 2013-09-30 | $676.13K | -60.55% |
| 2012-09-30 | $1.71 Million | -60.37% |
| 2011-09-30 | $4.32 Million | +21.52% |
| 2010-09-30 | $3.56 Million | +54.49% |
| 2009-09-30 | $2.30 Million | +61.32% |
| 2008-09-30 | $1.43 Million | +46.60% |
| 2007-09-30 | $973.97K | +62.17% |
| 2006-09-30 | $600.61K | -10.89% |
| 2005-09-30 | $674.00K | +1461.06% |
| 2004-09-30 | $43.18K | -98.42% |
| 2003-09-30 | $2.72 Million | -6.34% |
| 2002-09-30 | $2.91 Million | -3.28% |
| 2001-09-30 | $3.01 Million | -6.52% |
| 2000-09-30 | $3.22 Million | -21.86% |
| 1999-09-30 | $4.12 Million | -13.43% |
| 1998-09-30 | $4.76 Million | +38.21% |
| 1997-09-30 | $3.44 Million | +25.15% |
| 1996-09-30 | $2.75 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to CANEX 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 1574271100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $23.17 Million | 317.95% |
| Other Comprehensive Income | $2.49 Million | 34.12% |
| Other Components | $1.22K | 0.02% |
| Total Equity | $7.29 Million | 100.00% |
CANEX Metals Inc Competitors by Market Cap
The table below lists competitors of CANEX Metals Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Trive Property Group Bhd
KLSE:0118
|
$3.58 Million |
|
Saker Aviation Services Inc
OTCQB:SKAS
|
$3.58 Million |
|
Sonoran Desert Copper Corporation.
V:SDCU
|
$3.58 Million |
|
POLLUX PROPERT.LTD.SD-15
F:7GP
|
$3.59 Million |
|
Basel Medical Group Ltd Ordinary Shares
NASDAQ:BMGL
|
$3.58 Million |
|
Lyckegard Group AB
ST:LYGRD
|
$3.58 Million |
|
Compagnie de Chemins de Fer Départementaux Société Anonyme
PA:MLCFD
|
$3.58 Million |
|
ENGlobal Corporation
NASDAQ:ENG
|
$3.58 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CANEX Metals Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 5,872,548 to 7,288,000, a change of 1,415,452 (24.1%).
- Net loss of 356,714 reduced equity.
- New share issuances of 1,737,004 increased equity.
- Other comprehensive income increased equity by 431,220.
- Other factors decreased equity by 396,058.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-356.71K | -4.89% |
| Share Issuances | $1.74 Million | +23.83% |
| Other Comprehensive Income | $431.22K | +5.92% |
| Other Changes | $-396.06K | -5.43% |
| Total Change | $- | 24.10% |
Book Value vs Market Value Analysis
This analysis compares CANEX 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: 0.49x
- 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.
- The price-to-book ratio has increased from 0.04x to 0.49x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-09-30 | $0.78 | $0.03 | x |
| 1997-09-30 | $0.81 | $0.03 | x |
| 1998-09-30 | $0.95 | $0.03 | x |
| 1999-09-30 | $0.64 | $0.03 | x |
| 2000-09-30 | $0.58 | $0.03 | x |
| 2001-09-30 | $0.54 | $0.03 | x |
| 2002-09-30 | $0.52 | $0.03 | x |
| 2003-09-30 | $0.49 | $0.03 | x |
| 2004-09-30 | $0.01 | $0.03 | x |
| 2005-09-30 | $0.10 | $0.03 | x |
| 2006-09-30 | $0.08 | $0.03 | x |
| 2007-09-30 | $0.11 | $0.03 | x |
| 2008-09-30 | $0.14 | $0.03 | x |
| 2009-09-30 | $0.20 | $0.03 | x |
| 2010-09-30 | $0.26 | $0.03 | x |
| 2011-09-30 | $0.27 | $0.03 | x |
| 2012-09-30 | $0.10 | $0.03 | x |
| 2013-09-30 | $0.04 | $0.03 | x |
| 2014-09-30 | $0.02 | $0.03 | x |
| 2015-09-30 | $0.02 | $0.03 | x |
| 2016-09-30 | $0.03 | $0.03 | x |
| 2017-09-30 | $0.03 | $0.03 | x |
| 2018-09-30 | $0.03 | $0.03 | x |
| 2019-09-30 | $0.04 | $0.03 | x |
| 2020-09-30 | $0.05 | $0.03 | x |
| 2021-09-30 | $0.05 | $0.03 | x |
| 2022-09-30 | $0.07 | $0.03 | x |
| 2023-09-30 | $0.06 | $0.03 | x |
| 2024-09-30 | $0.05 | $0.03 | x |
| 2025-09-30 | $0.06 | $0.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CANEX 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): -4.89%
- 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: 1.04x
- Recent ROE (-4.89%) is above the historical average (-232.92%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | -47.41% | -12192.68% | 0.00x | 1.10x | $-1.58 Million |
| 1997 | -8.02% | -776.98% | 0.01x | 1.01x | $-619.94K |
| 1998 | -31.72% | 0.00% | 0.00x | 1.01x | $-1.98 Million |
| 1999 | -15.51% | 0.00% | 0.00x | 1.00x | $-1.05 Million |
| 2000 | -27.98% | 0.00% | 0.00x | 1.01x | $-1.22 Million |
| 2001 | -6.98% | -603.22% | 0.01x | 1.00x | $-510.71K |
| 2002 | -3.82% | -1541.29% | 0.00x | 1.00x | $-402.01K |
| 2003 | -10.02% | -13402.06% | 0.00x | 1.00x | $-545.42K |
| 2004 | -6209.47% | -220295.81% | 0.03x | 1.04x | $-2.69 Million |
| 2005 | -14.34% | -878.95% | 0.02x | 1.03x | $-164.08K |
| 2006 | -49.45% | 0.00% | 0.00x | 1.03x | $-357.06K |
| 2007 | -50.21% | 0.00% | 0.00x | 1.07x | $-586.40K |
| 2008 | -24.79% | 0.00% | 0.00x | 1.05x | $-496.79K |
| 2009 | -4.04% | 0.00% | 0.00x | 1.09x | $-323.35K |
| 2010 | -23.35% | 0.00% | 0.00x | 1.08x | $-1.19 Million |
| 2011 | 5.69% | 60.87% | 0.09x | 1.03x | $-186.56K |
| 2012 | -145.47% | -2026.83% | 0.07x | 1.06x | $-2.66 Million |
| 2013 | -153.52% | 0.00% | 0.00x | 1.12x | $-1.11 Million |
| 2014 | -82.57% | 0.00% | 0.00x | 1.10x | $-346.42K |
| 2015 | -11.83% | 0.00% | 0.00x | 1.07x | $-73.05K |
| 2016 | 14.36% | 0.00% | 0.00x | 1.04x | $27.36K |
| 2017 | -21.65% | 0.00% | 0.00x | 1.09x | $-198.32K |
| 2018 | 8.46% | 0.00% | 0.00x | 1.07x | $-10.50K |
| 2019 | -10.78% | 0.00% | 0.00x | 1.06x | $-217.81K |
| 2020 | -8.37% | 0.00% | 0.00x | 1.06x | $-434.75K |
| 2021 | -22.11% | 0.00% | 0.00x | 1.06x | $-1.17 Million |
| 2022 | -13.90% | 0.00% | 0.00x | 1.03x | $-1.34 Million |
| 2023 | -9.19% | -15835.61% | 0.00x | 1.02x | $-1.12 Million |
| 2024 | -4.75% | 0.00% | 0.00x | 1.02x | $-866.25K |
| 2025 | -4.89% | 0.00% | 0.00x | 1.04x | $-1.09 Million |
Industry Comparison
This section compares CANEX Metals Inc's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $1,956,755,866
- Average return on equity (ROE) among peers: -68.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CANEX Metals Inc (NOMNF) | $7.29 Million | -47.41% | 0.04x | $3.58 Million |
| Almadex Minerals Ltd (AAMMF) | $14.43 Million | -15.31% | 0.02x | $11.47 Million |
| Allied Gold Corporation (AAUC) | $111.36 Million | -6.66% | 4.92x | $1.61 Billion |
| Aero Energy Limited (AAUGF) | $14.72 Million | -5.86% | 0.05x | $613.34K |
| Abcourt Mines Inc (ABMBF) | $542.08K | -7.78% | 0.16x | $27.58 Million |
| Aben Resources Ltd (ABNAF) | $925.43K | -59.62% | 0.09x | $1.17 Million |
| Advance Gold Corp (ADGCF) | $206.54K | -11.57% | 1.00x | $480.91K |
| Agnico Eagle Mines Limited (AEM) | $19.42 Billion | 10.18% | 0.48x | $105.00 Billion |
| Affinity Gold Corp (AFYG) | $241.37K | -497.12% | 0.10x | $4.68K |
| Andes Gold Corp (AGCZ) | $648.20K | -54.33% | 0.04x | $0.95 |
| Antioquia Gold Inc (AGDXF) | $1.57 Million | -38.90% | 0.28x | $1.44 Million |