Voltage Metals Corp
Voltage Metals Corp. engages in the acquisition, exploration, and development of mineral property interests in Canada. The company explores for nickel, copper, and cobalt deposits. It holds 100% interests in the Montcalm project, which covers an area of 37.8 square kilometers located in Montcalm Township, Ontario; and the St. Laurent Ni-Cu-Co project that covers an area of 42 square kilometers lo… Read more
Voltage Metals Corp (VLTMF) - Net Assets
Latest net assets as of September 2025: $-481.26K USD
Based on the latest financial reports, Voltage Metals Corp (VLTMF) has net assets worth $-481.26K USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.15 Million) and total liabilities ($1.63 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 | $-481.26K |
| % of Total Assets | -41.89% |
| Annual Growth Rate | N/A |
| 5-Year Change | -193.24% |
| 10-Year Change | N/A |
| Growth Volatility | 230.22 |
Voltage Metals Corp - Net Assets Trend (2019–2024)
This chart illustrates how Voltage Metals 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 Voltage Metals Corp (2019–2024)
The table below shows the annual net assets of Voltage Metals Corp from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-667.72K | -71.92% |
| 2023-12-31 | $-388.38K | +28.74% |
| 2022-12-31 | $-545.00K | -113.84% |
| 2021-12-31 | $3.94 Million | +449.83% |
| 2020-12-31 | $716.15K | +182.56% |
| 2019-12-31 | $253.45K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Voltage Metals 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 749101400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $7.26 Million | % |
| Total Equity | $-667.72K | 100.00% |
Voltage Metals Corp Competitors by Market Cap
The table below lists competitors of Voltage Metals Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BLACK PEARL ZY-10
F:7ZX
|
$786.00K |
|
American Biltrite Inc
PINK:ABLT
|
$786.16K |
|
SNP SCHNEIDER-NEURE
MU:SHF
|
$786.83K |
|
Payment Financial Technologies Ltd
TA:PMNT
|
$786.90K |
|
Apollo Power Ltd
TA:APLP
|
$784.30K |
|
Arima Communications Corp
TW:8101
|
$784.20K |
|
STREAMLINE HEA.SOL.DL-01
F:LV1
|
$784.17K |
|
REALITES EO 653
F:2ZQ
|
$783.98K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Voltage Metals Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -388,379 to -667,719, a change of -279,340.
- Net loss of 281,740 reduced equity.
- Other comprehensive income decreased equity by 329,094.
- Other factors increased equity by 331,494.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-281.74K | -42.19% |
| Other Comprehensive Income | $-329.09K | -49.29% |
| Other Changes | $331.49K | +49.65% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Voltage Metals 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 |
|---|---|---|---|
| 2019-12-31 | $0.02 | $0.01 | x |
| 2020-12-31 | $0.05 | $0.01 | x |
| 2021-12-31 | $0.13 | $0.01 | x |
| 2022-12-31 | $-0.01 | $0.01 | x |
| 2023-12-31 | $0.00 | $0.01 | x |
| 2024-12-31 | $-0.01 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Voltage Metals 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: -140.87%
- • Asset Turnover: 0.26x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-11.29%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -45.95% | 0.00% | 0.00x | 1.90x | $-141.80K |
| 2020 | -11.32% | 0.00% | 0.00x | 1.16x | $-152.70K |
| 2021 | -10.46% | 0.00% | 0.00x | 1.11x | $-805.54K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-6.20 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-585.93K |
| 2024 | 0.00% | -140.87% | 0.26x | 0.00x | $-214.97K |
Industry Comparison
This section compares Voltage Metals 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 |
|---|---|---|---|---|
| Voltage Metals Corp (VLTMF) | $-481.26K | -45.95% | N/A | $784.51K |
| 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 |