EcoSynthetix Inc (ECO) - Net Assets

Latest as of September 2025: CA$38.53 Million CAD ≈ $27.88 Million USD

Based on the latest financial reports, EcoSynthetix Inc (ECO) has net assets worth CA$38.53 Million CAD (≈ $27.88 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 (CA$43.19 Million ≈ $31.25 Million USD) and total liabilities (CA$4.66 Million ≈ $3.37 Million USD). 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. Check tangible net worth ratio of EcoSynthetix Inc to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CA$38.53 Million
% of Total Assets	89.21%
Annual Growth Rate	N/A
5-Year Change	-20.47%
10-Year Change	-45.48%
Growth Volatility	3.92

EcoSynthetix Inc - Net Assets Trend (2010–2024)

This chart illustrates how EcoSynthetix Inc's net assets have evolved over time, based on quarterly financial data. See EcoSynthetix Inc liquidity coverage in days to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for EcoSynthetix Inc (2010–2024)

The table below shows the annual net assets of EcoSynthetix Inc from 2010 to 2024. For live valuation and market cap data, see EcoSynthetix Inc market cap and net worth.

Year	Net Assets	Change
2024-12-31	CA$39.35 Million ≈ $28.46 Million	-3.96%
2023-12-31	CA$40.97 Million ≈ $29.64 Million	-9.07%
2022-12-31	CA$45.06 Million ≈ $32.59 Million	-5.74%
2021-12-31	CA$47.80 Million ≈ $34.58 Million	-3.38%
2020-12-31	CA$49.47 Million ≈ $35.79 Million	-5.18%
2019-12-31	CA$52.17 Million ≈ $37.74 Million	-3.57%
2018-12-31	CA$54.10 Million ≈ $39.14 Million	-7.36%
2017-12-31	CA$58.40 Million ≈ $42.24 Million	-8.41%
2016-12-31	CA$63.76 Million ≈ $46.12 Million	-11.65%
2015-12-31	CA$72.16 Million ≈ $52.20 Million	-15.62%
2014-12-31	CA$85.53 Million ≈ $61.87 Million	-14.61%
2013-12-31	CA$100.16 Million ≈ $72.45 Million	-11.80%
2012-12-31	CA$113.56 Million ≈ $82.15 Million	-8.80%
2011-12-31	CA$124.52 Million ≈ $90.08 Million	+225.67%
2010-12-31	CA$-99.08 Million ≈ $-71.67 Million	--

Equity Component Analysis

This analysis shows how different components contribute to EcoSynthetix Inc'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 33971551300.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Common Stock	CA$489.25 Million	1243.45%
Other Components	CA$11.01 Million	27.99%
Total Equity	CA$39.35 Million	100.00%

EcoSynthetix Inc Competitors by Market Cap

The table below lists competitors of EcoSynthetix Inc ranked by their market capitalization.

Company	Market Cap
S.Kijchai Enterprise Public Company Limited BK:SKN	$130.91 Million
Midnight Sun Mining Corp V:MMA	$131.00 Million
Chialin Precision Industrial Co Ltd TWO:3310	$131.18 Million
Cps Technologies NASDAQ:CPSH	$131.22 Million
American Well Corp NYSE:AMWL	$130.88 Million
KJTS KLSE:0293	$130.85 Million
Tharimmune Inc. NASDAQ:THAR	$130.84 Million
Companhia Estadual de Distribuição de Energia Elétrica SA:CEED3	$130.80 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in EcoSynthetix Inc's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 40,969,895 to 39,345,990, a change of -1,623,905 (-4.0%).
Net loss of 1,366,926 reduced equity.
Share repurchases of 2,175,924 reduced equity.
Other factors increased equity by 1,918,945.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CA$-1.37 Million	-3.47%
Share Repurchases	CA$2.18 Million	-5.53%
Other Changes	CA$1.92 Million	+4.88%
Total Change	CA$-	-3.96%

Book Value vs Market Value Analysis

This analysis compares EcoSynthetix Inc'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: 4.60x
The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2010-12-31	CA$-124.43	CA$3.09	x
2011-12-31	CA$5.38	CA$3.09	x
2012-12-31	CA$2.05	CA$3.09	x
2013-12-31	CA$1.78	CA$3.09	x
2014-12-31	CA$1.51	CA$3.09	x
2015-12-31	CA$1.24	CA$3.09	x
2016-12-31	CA$1.08	CA$3.09	x
2017-12-31	CA$0.98	CA$3.09	x
2018-12-31	CA$0.91	CA$3.09	x
2019-12-31	CA$0.89	CA$3.09	x
2020-12-31	CA$0.86	CA$3.09	x
2021-12-31	CA$0.83	CA$3.09	x
2022-12-31	CA$0.76	CA$3.09	x
2023-12-31	CA$0.70	CA$3.09	x
2024-12-31	CA$0.67	CA$3.09	x

Capital Efficiency Dashboard

This dashboard shows how efficiently EcoSynthetix Inc 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): -3.47%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -7.37%
• Asset Turnover: 0.45x
• Equity Multiplier: 1.05x
Recent ROE (-3.47%) is above the historical average (-21.27%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2010	0.00%	-309.80%	0.37x	0.00x	CA$-39.29 Million
2011	-202.95%	-1216.71%	0.16x	1.05x	CA$-265.16 Million
2012	-10.07%	-58.46%	0.17x	1.04x	CA$-22.79 Million
2013	-14.74%	-66.42%	0.21x	1.04x	CA$-24.78 Million
2014	-16.97%	-77.03%	0.22x	1.02x	CA$-23.07 Million
2015	-19.98%	-98.89%	0.20x	1.04x	CA$-21.64 Million
2016	-14.59%	-70.08%	0.20x	1.05x	CA$-15.68 Million
2017	-11.03%	-36.02%	0.29x	1.05x	CA$-12.28 Million
2018	-4.68%	-11.10%	0.40x	1.04x	CA$-7.94 Million
2019	-0.66%	-1.87%	0.34x	1.05x	CA$-5.56 Million
2020	-3.63%	-13.15%	0.26x	1.05x	CA$-6.74 Million
2021	-6.52%	-17.16%	0.36x	1.07x	CA$-7.90 Million
2022	-2.93%	-6.93%	0.39x	1.07x	CA$-5.82 Million
2023	-6.89%	-22.28%	0.30x	1.05x	CA$-6.92 Million
2024	-3.47%	-7.37%	0.45x	1.05x	CA$-5.30 Million

Industry Comparison

This section compares EcoSynthetix Inc's net assets metrics with peer companies in the Specialty Chemicals industry.

Industry Context

Industry: Specialty Chemicals
Average net assets among peers: $333,751,235
Average return on equity (ROE) among peers: -85.85%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
EcoSynthetix Inc (ECO)	CA$38.53 Million	0.00%	0.12x	$130.90 Million
Aimia Inc (AIM)	$1.92 Billion	4.66%	1.72x	$180.93 Million
AirBoss of America Corp. (BOS)	$53.98 Million	-1.65%	1.39x	$136.89 Million
California Nanotechnologies Corp (CNO)	$-1.54 Million	0.00%	0.00x	$7.97 Million
Graphene Manufacturing Group Ltd (GMG)	$2.03 Million	-398.66%	1.43x	$131.90 Million
International Parkside Products Inc (IPD)	$379.21K	-88.73%	1.90x	$477.67K
International Zeolite Corp (IZ)	$956.83K	-139.75%	0.96x	$306.77K
Neo Performance Materials Inc (NEO)	$357.30 Million	-62.65%	0.74x	$1.02 Billion
5N Plus Inc. (VNP)	$339.71 Million	0.00%	1.31x	$2.61 Billion

About EcoSynthetix Inc

TO:ECO Canada Specialty Chemicals

Market Cap

$130.90 Million

CA$180.96 Million CAD

Market Cap Rank

#18269 Global

#602 in Canada

Share Price

CA$3.09

Change (1 day)

+1.31%

52-Week Range

CA$3.05 - CA$4.88

All Time High

CA$6.95