VTXGF
Vertex Resource Group Ltd. provides environmental and industrial services in Canada and the United States. The company operates in two segments, Environmental Consulting and Environmental Services. The Environmental Consulting segment offers planning and regulatory approvals, site assessments and monitoring, geotechnical and civil engineering, wildlife management, reclamation, remediation, ground… Read more
VTXGF (VTXGF) - Net Assets
Latest net assets as of September 2025: $52.94 Million USD
Based on the latest financial reports, VTXGF (VTXGF) has net assets worth $52.94 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 ($196.85 Million) and total liabilities ($143.91 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 | $52.94 Million |
| % of Total Assets | 26.89% |
| Annual Growth Rate | 6.48% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 16.86 |
VTXGF - Net Assets Trend (2021–2024)
This chart illustrates how VTXGF's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for VTXGF (2021–2024)
The table below shows the annual net assets of VTXGF from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $60.00 Million | -10.32% |
| 2023-12-31 | $66.91 Million | +3.35% |
| 2022-12-31 | $64.74 Million | +30.26% |
| 2021-12-31 | $49.70 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to VTXGF'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 163400000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $96.63 Million | 161.04% |
| Total Equity | $60.00 Million | 100.00% |
VTXGF Competitors by Market Cap
The table below lists competitors of VTXGF ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MER
WAR:MER
|
$3.34K |
|
Kelani Valley Plantations PLC
CM:KVALN0000
|
$3.34K |
|
Asiabest Group International Inc
PSE:ABG
|
$3.34K |
|
UNITED CO.RUSAL DL -01
MU:R6L
|
$3.34K |
|
Arecor Therapeutics PLC
LSE:AREC
|
$3.33K |
|
SUN
WAR:SUN
|
$3.32K |
|
Guardian Capital Partners PLC
CM:WAPON0000
|
$3.32K |
|
Challenger Energy Group PLC
LSE:CEG
|
$3.31K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in VTXGF's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 66,907,000 to 60,000,000, a change of -6,907,000 (-10.3%).
- Net loss of 6,134,000 reduced equity.
- Share repurchases of 980,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-6.13 Million | -10.22% |
| Share Repurchases | $980.00K | -1.63% |
| Other Changes | $207.00K | +0.34% |
| Total Change | $- | -10.32% |
Book Value vs Market Value Analysis
This analysis compares VTXGF'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: 0.65x
- 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 | $0.54 | $0.35 | x |
| 2022-12-31 | $0.56 | $0.35 | x |
| 2023-12-31 | $0.58 | $0.35 | x |
| 2024-12-31 | $0.54 | $0.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently VTXGF 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): -10.22%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.64%
- • Asset Turnover: 1.07x
- • Equity Multiplier: 3.62x
- Recent ROE (-10.22%) is below the historical average (-0.01%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 3.34% | 0.90% | 0.99x | 3.75x | $-3.31 Million |
| 2022 | 3.15% | 0.79% | 1.01x | 3.93x | $-4.43 Million |
| 2023 | 3.67% | 0.96% | 1.04x | 3.66x | $-4.23 Million |
| 2024 | -10.22% | -2.64% | 1.07x | 3.62x | $-12.13 Million |
Industry Comparison
This section compares VTXGF's net assets metrics with peer companies in the Waste Management industry.
Industry Context
- Industry: Waste Management
- Average net assets among peers: $61,795,124
- Average return on equity (ROE) among peers: -17.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| VTXGF (VTXGF) | $52.94 Million | 3.34% | 2.72x | $3.33K |
| American Battery Technology Company Common Stock (ABAT) | $70.60 Million | -66.24% | 0.20x | $410.46 Million |
| Agilyx AS (AGXXF) | $35.34 Million | 10.45% | 1.10x | $152.59 Million |
| Ambipar Emergency Response (AMBI) | $8.37 Million | 0.00% | 1.76x | $5.74 Million |
| Anaergia Inc (ANRGF) | $125.77 Million | -18.04% | 2.60x | $20.51 Million |
| Aqua Metals Inc (AQMS) | $31.14 Million | -82.73% | 0.13x | $12.23 Million |
| Avalon Holdings Corporation (AWX) | $39.44 Million | 3.70% | 0.21x | $5.00 Million |
| BacTech Environmental Corporation (BCCEF) | $-1.02 Million | 0.00% | 0.00x | $7.36 Million |
| Befesa S.A (BFSAF) | $259.26 Million | -13.65% | 3.41x | $1.39 Billion |
| BluMetric Environmental Inc. (BLMWF) | $12.19 Million | 4.16% | 0.64x | $27.18 Million |
| BQE Water Inc (BTQNF) | $36.85 Million | -14.23% | 0.05x | $25.45 Million |