Largo Physical Vanadium Corp.
Largo Physical Vanadium Corp. operates as a vanadium holding company that purchases and holds physical vanadium primarily in Canada. The company is based in Toronto, Canada. Largo Physical Vanadium Corp. is a subsidiary of Largo Inc.
Largo Physical Vanadium Corp. (VANAF) - Net Assets
Latest net assets as of September 2025: $16.87 Million USD
Based on the latest financial reports, Largo Physical Vanadium Corp. (VANAF) has net assets worth $16.87 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 ($17.58 Million) and total liabilities ($710.11K). 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 | $16.87 Million |
| % of Total Assets | 95.96% |
| Annual Growth Rate | 360.12% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 7087.31 |
Largo Physical Vanadium Corp. - Net Assets Trend (2021–2024)
This chart illustrates how Largo Physical Vanadium 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 Largo Physical Vanadium Corp. (2021–2024)
The table below shows the annual net assets of Largo Physical Vanadium Corp. from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $17.59 Million | -13.55% |
| 2023-12-31 | $20.35 Million | -25.37% |
| 2022-12-31 | $27.27 Million | +15014.98% |
| 2021-12-31 | $180.39K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Largo Physical Vanadium 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 1046667938.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $28.10 Million | 159.77% |
| Total Equity | $17.59 Million | 100.00% |
Largo Physical Vanadium Corp. Competitors by Market Cap
The table below lists competitors of Largo Physical Vanadium Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CleanTech Vanadium Mining Corp
OTCQB:CTVFF
|
$1.66 Million |
|
CIMENTS DU MAROC
BC:CIMENTS-DU-MAROC
|
$1.66 Million |
|
StableX Technologies, Inc.
NASDAQ:SBLX
|
$1.66 Million |
|
Norden Crown Metals Corp
PINK:NOCRF
|
$1.66 Million |
|
Bathurst Metals Corp
PINK:BMVVF
|
$1.66 Million |
|
Unisem SA
RO:UNISEM
|
$1.66 Million |
|
Kaap Agri Bedryf Employee and Farm Worker Bee Trust
JSE:KAL
|
$1.66 Million |
|
InMed Pharmaceuticals Inc
NASDAQ:INM
|
$1.66 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Largo Physical Vanadium Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 20,347,553 to 17,590,573, a change of -2,756,980 (-13.5%).
- Net loss of 2,756,980 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.76 Million | -15.67% |
| Total Change | $- | -13.55% |
Book Value vs Market Value Analysis
This analysis compares Largo Physical Vanadium 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: 0.43x
- 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 decreased from 41.84x to 0.43x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | $0.01 | $0.45 | x |
| 2022-12-31 | $1.62 | $0.45 | x |
| 2023-12-31 | $1.21 | $0.45 | x |
| 2024-12-31 | $1.05 | $0.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Largo Physical Vanadium 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): -15.67%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: -0.10x
- • Equity Multiplier: 1.04x
- Recent ROE (-15.67%) is above the historical average (-16.61%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | -0.17% | -5.14% | 0.03x | 1.03x | $-2.77 Million |
| 2023 | -34.00% | 0.00% | -0.29x | 1.02x | $-8.95 Million |
| 2024 | -15.67% | 0.00% | -0.10x | 1.04x | $-4.52 Million |
Industry Comparison
This section compares Largo Physical Vanadium 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 |
|---|---|---|---|---|
| Largo Physical Vanadium Corp. (VANAF) | $16.87 Million | -0.17% | 0.04x | $1.66 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 |