Atha Energy Corp.
Atha Energy Corp., a mineral company, engages in the acquisition, exploration, and evaluation of mineral resources in Canada. It explores for uranium deposits. The company was formerly known as Inglenook Ventures Ltd. and changed its name to Atha Energy Corp. in May 2022. Atha Energy Corp. was incorporated in 2021 and is headquartered in Vancouver, Canada.
Atha Energy Corp. (SASKF) - Net Assets
Latest net assets as of September 2025: $222.76 Million USD
Based on the latest financial reports, Atha Energy Corp. (SASKF) has net assets worth $222.76 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 ($230.15 Million) and total liabilities ($7.39 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 | $222.76 Million |
| % of Total Assets | 96.79% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 432.75 |
Atha Energy Corp. - Net Assets Trend (2021–2024)
This chart illustrates how Atha Energy 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 Atha Energy Corp. (2021–2024)
The table below shows the annual net assets of Atha Energy Corp. from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $208.34 Million | +137.37% |
| 2023-12-31 | $87.77 Million | +1002.87% |
| 2022-12-31 | $7.96 Million | +9394.93% |
| 2021-12-31 | $-85.62K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Atha Energy 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 2641371300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $217.05 Million | 104.18% |
| Other Comprehensive Income | $-618.61K | -0.30% |
| Other Components | $18.53 Million | 8.89% |
| Total Equity | $208.34 Million | 100.00% |
Atha Energy Corp. Competitors by Market Cap
The table below lists competitors of Atha Energy Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Johnson Controls - Hitachi Air Conditioning India Limited
NSE:JCHAC
|
$76.71 Million |
|
Cita Mineral Investindo Tbk PT
JK:CITA
|
$76.72 Million |
|
Petrus Resources Ltd
PINK:PTRUF
|
$76.75 Million |
|
Ram Ratna Wires Limited
NSE:RAMRAT
|
$76.77 Million |
|
Viet Dragon Securities Corp
VN:VDS
|
$76.67 Million |
|
CommerceWest Bank
OTCQX:CWBK
|
$76.64 Million |
|
Proact IT Group AB (publ)
LSE:0GT3
|
$76.63 Million |
|
Rane Holdings Limited
NSE:RANEHOLDIN
|
$76.63 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Atha Energy Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 87,767,055 to 208,335,323, a change of 120,568,268 (137.4%).
- Net loss of 11,409,643 reduced equity.
- Other comprehensive income decreased equity by 10,046,823.
- Other factors increased equity by 142,024,734.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-11.41 Million | -5.48% |
| Other Comprehensive Income | $-10.05 Million | -4.82% |
| Other Changes | $142.02 Million | +68.17% |
| Total Change | $- | 137.37% |
Book Value vs Market Value Analysis
This analysis compares Atha Energy 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
- Current price-to-book ratio: 0.30x
- 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 |
|---|---|---|---|
| 2021-12-31 | $0.00 | $0.26 | x |
| 2022-12-31 | $0.06 | $0.26 | x |
| 2023-12-31 | $0.81 | $0.26 | x |
| 2024-12-31 | $0.85 | $0.26 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Atha Energy 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): -5.48%
- 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: 1.03x
- Recent ROE (-5.48%) is above the historical average (-8.59%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-202.14K |
| 2022 | -12.95% | 0.00% | 0.00x | 5.28x | $-1.83 Million |
| 2023 | -15.92% | -1208.19% | 0.01x | 1.13x | $-22.75 Million |
| 2024 | -5.48% | 0.00% | 0.00x | 1.03x | $-32.24 Million |
Industry Comparison
This section compares Atha Energy Corp.'s net assets metrics with peer companies in the Uranium industry.
Industry Context
- Industry: Uranium
- Average net assets among peers: $16,988,040
- Average return on equity (ROE) among peers: -24.96%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Atha Energy Corp. (SASKF) | $222.76 Million | 0.00% | 0.03x | $76.70 Million |
| Anfield Energy Inc. (AEC) | $14.69 Million | -60.28% | 1.45x | $74.75 Million |
| AEMLF (AEMLF) | $7.09 Million | -26.99% | 0.04x | $2.04 Million |
| Alligator Energy Limited (ALGEF) | $8.63 Million | -11.42% | 0.05x | $63.13 Million |
| ALX Resources Corp (ALXEF) | $298.51K | -8.80% | 0.03x | $3.92 Million |
| Appia Energy Corp (APAAF) | $27.17 Million | -2.82% | 0.16x | $11.14 Million |
| Aura Energy Limited (AUEEF) | $16.57 Million | -16.64% | 0.03x | $55.36 Million |
| Azincourt Uranium Inc (AZURF) | $7.85 Million | -91.09% | 0.04x | $1.89 Million |
| Berkeley Energy Ltd (BKLRF) | $25.00 Million | -28.01% | 0.04x | $175.19 Million |
| Blue Sky Uranium Corp (BKUCF) | $-393.25K | 0.00% | 0.00x | $12.59 Million |
| Bannerman Resources Ltd (BNNLF) | $62.97 Million | -3.54% | 0.01x | $221.50 Million |