Canada Rare Earth Corp
Canada Rare Earth Corp., a development stage company, focuses on developing an integrated business within the rare earth industry in Asia. It offers high-purity rare earth oxides, rare earth fluorides, larger particle/nano rare earth oxides, and other products. The company's products are used in various industries, such as high-end electronics, lighting solutions, ceramic and glass, catalytic and… Read more
Canada Rare Earth Corp (RAREF) - Net Assets
Latest net assets as of September 2025: $-2.92 Million USD
Based on the latest financial reports, Canada Rare Earth Corp (RAREF) has net assets worth $-2.92 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 ($336.97K) and total liabilities ($3.26 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 | $-2.92 Million |
| % of Total Assets | -866.95% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | -196.76% |
| Growth Volatility | 6346.41 |
Canada Rare Earth Corp - Net Assets Trend (2001–2025)
This chart illustrates how Canada Rare Earth 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 Canada Rare Earth Corp (2001–2025)
The table below shows the annual net assets of Canada Rare Earth Corp from 2001 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | $-2.09 Million | -47.41% |
| 2024-03-31 | $-1.42 Million | -23276.64% |
| 2023-03-31 | $6.13K | +101.15% |
| 2022-03-31 | $-532.17K | -189.95% |
| 2021-03-31 | $-183.54K | -299.39% |
| 2020-03-31 | $-45.95K | +94.79% |
| 2019-03-31 | $-882.14K | -13.53% |
| 2018-03-31 | $-777.00K | -141.11% |
| 2017-03-31 | $1.89 Million | -12.69% |
| 2016-03-31 | $2.16 Million | -41.50% |
| 2015-03-31 | $3.70 Million | -15.00% |
| 2014-03-31 | $4.35 Million | -35.48% |
| 2013-03-31 | $6.75 Million | +23.01% |
| 2012-03-31 | $5.48 Million | -45.09% |
| 2011-03-31 | $9.99 Million | -12.82% |
| 2010-03-31 | $11.46 Million | +40.98% |
| 2009-03-31 | $8.13 Million | -11.91% |
| 2008-03-31 | $9.23 Million | +70.82% |
| 2007-03-31 | $5.40 Million | +5.35% |
| 2006-03-31 | $5.13 Million | +6520.63% |
| 2005-03-31 | $77.43K | +187.71% |
| 2004-03-31 | $-88.28K | -38.95% |
| 2003-03-31 | $-63.53K | -11.57% |
| 2002-03-31 | $-56.94K | -115.50% |
| 2001-03-31 | $-26.42K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Canada Rare Earth 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 2632479300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $17.63 Million | % |
| Other Comprehensive Income | $9.18 Million | % |
| Total Equity | $-2.09 Million | 100.00% |
Canada Rare Earth Corp Competitors by Market Cap
The table below lists competitors of Canada Rare Earth Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Creso Pharma Limited
PINK:COPHF
|
$1.53 Million |
|
WI Co. Ltd.
KQ:073570
|
$1.53 Million |
|
Spartoo SAS
PA:ALSPT
|
$1.53 Million |
|
Emico Holdings Bhd
KLSE:9091
|
$1.53 Million |
|
General de Galerias Comerciales SOCIMI S.A.
MC:GGC
|
$1.53 Million |
|
Izolacja Jarocin SA
WAR:IZO
|
$1.53 Million |
|
EFXB31
SA:EFXB31
|
$1.52 Million |
|
Thua Thien Hue Construction Joint Stock Corp
VN:HUB
|
$1.52 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Canada Rare Earth Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -787,192 to -2,094,358, a change of -1,307,166.
- Net loss of 1,850,838 reduced equity.
- Other comprehensive income increased equity by 84,455.
- Other factors increased equity by 459,217.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.85 Million | -88.37% |
| Other Comprehensive Income | $84.45K | +4.03% |
| Other Changes | $459.22K | +21.93% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Canada Rare Earth 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-03-31 | $-0.01 | $0.01 | x |
| 2002-03-31 | $-0.01 | $0.01 | x |
| 2003-03-31 | $-0.01 | $0.01 | x |
| 2004-03-31 | $-0.02 | $0.01 | x |
| 2005-03-31 | $0.01 | $0.01 | x |
| 2006-03-31 | $0.46 | $0.01 | x |
| 2007-03-31 | $0.21 | $0.01 | x |
| 2008-03-31 | $0.28 | $0.01 | x |
| 2009-03-31 | $0.24 | $0.01 | x |
| 2010-03-31 | $0.34 | $0.01 | x |
| 2011-03-31 | $0.13 | $0.01 | x |
| 2012-03-31 | $0.07 | $0.01 | x |
| 2013-03-31 | $0.06 | $0.01 | x |
| 2014-03-31 | $0.03 | $0.01 | x |
| 2015-03-31 | $0.03 | $0.01 | x |
| 2016-03-31 | $0.01 | $0.01 | x |
| 2017-03-31 | $0.01 | $0.01 | x |
| 2018-03-31 | $0.00 | $0.01 | x |
| 2019-03-31 | $-0.01 | $0.01 | x |
| 2020-03-31 | $0.00 | $0.01 | x |
| 2021-03-31 | $0.00 | $0.01 | x |
| 2022-03-31 | $0.00 | $0.01 | x |
| 2023-03-31 | $0.00 | $0.01 | x |
| 2024-03-31 | $0.00 | $0.01 | x |
| 2025-03-31 | $-0.01 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Canada Rare Earth 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -143.35%
- • Asset Turnover: 0.85x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (91.75%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 0.00% | 117630.34% | 0.10x | 0.00x | $173.21K |
| 2002 | 0.00% | -508650.00% | 0.01x | 0.00x | $-24.82K |
| 2003 | 0.00% | -2358450.00% | 0.00x | 0.00x | $-40.82K |
| 2004 | 0.00% | 0.00% | 0.00x | 0.00x | $-15.92K |
| 2005 | -43.64% | 0.00% | 0.00x | 1.06x | $-41.53K |
| 2006 | -5.28% | 0.00% | 0.00x | 1.00x | $-783.14K |
| 2007 | -17.78% | 0.00% | 0.00x | 1.02x | $-1.50 Million |
| 2008 | -16.05% | 0.00% | 0.00x | 1.01x | $-2.40 Million |
| 2009 | -18.55% | 0.00% | 0.00x | 1.01x | $-2.32 Million |
| 2010 | -18.76% | 0.00% | 0.00x | 1.06x | $-3.30 Million |
| 2011 | -56.40% | 0.00% | 0.00x | 1.05x | $-6.63 Million |
| 2012 | -101.60% | 0.00% | 0.00x | 1.03x | $-6.12 Million |
| 2013 | -28.14% | 0.00% | 0.00x | 1.02x | $-2.57 Million |
| 2014 | -60.50% | 0.00% | 0.00x | 1.01x | $-3.07 Million |
| 2015 | -18.01% | -345.94% | 0.05x | 1.01x | $-1.04 Million |
| 2016 | -98.63% | -2311.29% | 0.04x | 1.01x | $-2.35 Million |
| 2017 | -16.70% | -196.55% | 0.07x | 1.16x | $-504.67K |
| 2018 | 0.00% | -159.84% | 0.89x | 0.00x | $-2.73 Million |
| 2019 | 0.00% | -73.08% | 0.98x | 0.00x | $-703.02K |
| 2020 | 0.00% | -112.92% | 0.39x | 0.00x | $-669.77K |
| 2021 | 0.00% | -52.36% | 2.12x | 0.00x | $-649.64K |
| 2022 | 0.00% | -250.86% | 0.34x | 0.00x | $-976.06K |
| 2023 | 2793.92% | 3.19% | 2.36x | 371.09x | $170.65K |
| 2024 | 0.00% | -55.60% | 0.50x | 0.00x | $-833.18K |
| 2025 | 0.00% | -143.35% | 0.85x | 0.00x | $-1.64 Million |
Industry Comparison
This section compares Canada Rare Earth Corp'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 |
|---|---|---|---|---|
| Canada Rare Earth Corp (RAREF) | $-2.92 Million | 0.00% | N/A | $1.53 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 |