Entree Resources Ltd (ETG) - Net Assets

Latest as of September 2025: CA$-76.46 Million CAD ≈ $-55.31 Million USD

Based on the latest financial reports, Entree Resources Ltd (ETG) has net assets worth CA$-76.46 Million CAD (≈ $-55.31 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$6.93 Million ≈ $5.01 Million USD) and total liabilities (CA$83.39 Million ≈ $60.32 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 ETG asset liquidity ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CA$-76.46 Million
% of Total Assets	-1103.62%
Annual Growth Rate	N/A
5-Year Change	N/A
10-Year Change	-439.62%
Growth Volatility	2680.45

Entree Resources Ltd - Net Assets Trend (1996–2024)

This chart illustrates how Entree Resources Ltd's net assets have evolved over time, based on quarterly financial data. Also explore ETG current and non-current assets for the complete picture of this company's asset base.

Annual Net Assets for Entree Resources Ltd (1996–2024)

The table below shows the annual net assets of Entree Resources Ltd from 1996 to 2024. For live valuation and market cap data, see how much is Entree Resources Ltd worth.

Year	Net Assets	Change
2024-12-31	CA$-71.31 Million ≈ $-51.58 Million	-10.35%
2023-12-31	CA$-64.62 Million ≈ $-46.74 Million	-12.31%
2022-12-31	CA$-57.53 Million ≈ $-41.62 Million	-4.41%
2021-12-31	CA$-55.10 Million ≈ $-39.86 Million	-9.75%
2020-12-31	CA$-50.21 Million ≈ $-36.32 Million	-6.87%
2019-12-31	CA$-46.98 Million ≈ $-33.98 Million	-18.19%
2018-12-31	CA$-39.75 Million ≈ $-28.75 Million	-62.31%
2017-12-31	CA$-24.49 Million ≈ $-17.71 Million	-225.66%
2016-12-31	CA$19.49 Million ≈ $14.10 Million	-7.18%
2015-12-31	CA$21.00 Million ≈ $15.19 Million	-37.36%
2014-12-31	CA$33.52 Million ≈ $24.25 Million	-25.81%
2013-12-31	CA$45.18 Million ≈ $32.68 Million	-6.52%
2012-12-31	CA$48.33 Million ≈ $34.96 Million	-18.18%
2011-12-31	CA$59.07 Million ≈ $42.73 Million	-7.31%
2010-12-31	CA$63.72 Million ≈ $46.10 Million	+44.93%
2009-12-31	CA$43.97 Million ≈ $31.81 Million	-6.13%
2008-12-31	CA$46.84 Million ≈ $33.88 Million	-34.46%
2007-12-31	CA$71.47 Million ≈ $51.70 Million	+371.62%
2006-12-31	CA$15.15 Million ≈ $10.96 Million	-32.37%
2005-12-31	CA$22.41 Million ≈ $16.21 Million	+263.55%
2004-12-31	CA$6.16 Million ≈ $4.46 Million	-62.48%
2003-12-31	CA$16.43 Million ≈ $11.88 Million	+12000.50%
2000-12-31	CA$135.75K ≈ $98.20K	-64.16%
1999-12-31	CA$378.82K ≈ $274.03K	+21.04%
1998-12-31	CA$312.96K ≈ $226.39K	-10.78%
1997-12-31	CA$350.78K ≈ $253.75K	-9.44%
1996-12-31	CA$387.33K ≈ $280.19K	--

Equity Component Analysis

This analysis shows how different components contribute to Entree Resources Ltd'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 28854819814.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Common Stock	CA$187.24 Million	%
Other Comprehensive Income	CA$30.08 Million	%
Total Equity	CA$-71.31 Million	100.00%

Entree Resources Ltd Competitors by Market Cap

The table below lists competitors of Entree Resources Ltd ranked by their market capitalization.

Company	Market Cap
Lifeway Foods Inc NASDAQ:LWAY	$358.03 Million
Vox Royalty Corp. TO:VOXR	$358.04 Million
JW Pharmaceutical Corp KO:001065	$358.17 Million
Autosports Group Ltd AU:ASG	$358.20 Million
IVU Traffic Technologies AG XETRA:IVU	$357.92 Million
Plaza Retail REIT TO:PLZ-UN	$357.89 Million
Diamond Food Indonesia PT JK:DMND	$357.85 Million
Jiangsu Lanfeng Bio-chemical Co Ltd SHE:002513	$357.80 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2023 to 2024, total equity changed from -64,619,000 to -71,307,000, a change of -6,688,000.
Net loss of 14,321 reduced equity.
Share repurchases of 239,000 reduced equity.
Other comprehensive income increased equity by 7,169,000.
Other factors decreased equity by 13,603,679.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CA$-14.32K	-0.02%
Share Repurchases	CA$239.00K	-0.34%
Other Comprehensive Income	CA$7.17 Million	+10.05%
Other Changes	CA$-13.60 Million	-19.08%
Total Change	CA$-	%

Book Value vs Market Value Analysis

This analysis compares Entree Resources Ltd'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
1996-12-31	CA$0.00	CA$2.38	x
1997-12-31	CA$0.00	CA$2.38	x
1998-12-31	CA$0.00	CA$2.38	x
1999-12-31	CA$0.00	CA$2.38	x
2000-12-31	CA$0.01	CA$2.38	x
2003-12-31	CA$0.65	CA$2.38	x
2004-12-31	CA$0.13	CA$2.38	x
2005-12-31	CA$0.37	CA$2.38	x
2006-12-31	CA$0.21	CA$2.38	x
2007-12-31	CA$0.96	CA$2.38	x
2008-12-31	CA$0.48	CA$2.38	x
2009-12-31	CA$0.46	CA$2.38	x
2010-12-31	CA$0.60	CA$2.38	x
2011-12-31	CA$0.51	CA$2.38	x
2012-12-31	CA$0.38	CA$2.38	x
2013-12-31	CA$0.31	CA$2.38	x
2014-12-31	CA$0.23	CA$2.38	x
2015-12-31	CA$0.14	CA$2.38	x
2016-12-31	CA$0.13	CA$2.38	x
2017-12-31	CA$-0.14	CA$2.38	x
2018-12-31	CA$-0.23	CA$2.38	x
2019-12-31	CA$-0.27	CA$2.38	x
2020-12-31	CA$-0.28	CA$2.38	x
2021-12-31	CA$-0.29	CA$2.38	x
2022-12-31	CA$-0.29	CA$2.38	x
2023-12-31	CA$-0.32	CA$2.38	x
2024-12-31	CA$-0.35	CA$2.38	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Entree Resources Ltd 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: 0.00%
• Asset Turnover: 0.00x
• Equity Multiplier: 0.00x
Recent ROE (0.00%) is above the historical average (-27.20%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
1996	-14.33%	-7706644.44%	0.00x	1.16x	CA$-94.22K
1997	-7.97%	-3994044.29%	0.00x	1.01x	CA$-63.04K
1998	-9.77%	-4431366.67%	0.00x	1.03x	CA$-61.87K
1999	-11.65%	-6491969.12%	0.00x	1.01x	CA$-82.03K
2000	-168.86%	-35265861.54%	0.00x	1.02x	CA$-242.80K
2003	-11.93%	0.00%	0.00x	1.01x	CA$-3.60 Million
2004	-89.69%	0.00%	0.00x	1.03x	CA$-6.14 Million
2005	-61.10%	0.00%	0.00x	1.02x	CA$-15.93 Million
2006	-63.71%	0.00%	0.00x	1.02x	CA$-11.17 Million
2007	-16.56%	-1084.60%	0.02x	1.01x	CA$-18.98 Million
2008	-35.72%	0.00%	0.00x	1.03x	CA$-21.41 Million
2009	-38.90%	0.00%	0.00x	1.04x	CA$-21.50 Million
2010	-31.49%	0.00%	0.00x	1.28x	CA$-26.44 Million
2011	-29.02%	0.00%	0.00x	1.26x	CA$-23.05 Million
2012	-31.44%	0.00%	0.00x	1.33x	CA$-20.03 Million
2013	-25.28%	0.00%	0.00x	2.16x	CA$-15.94 Million
2014	-25.86%	0.00%	0.00x	2.38x	CA$-12.02 Million
2015	-37.30%	0.00%	0.00x	2.94x	CA$-9.93 Million
2016	-23.93%	0.00%	0.00x	2.73x	CA$-6.61 Million
2017	0.00%	0.00%	0.00x	0.00x	CA$-750.10K
2018	0.00%	0.00%	0.00x	0.00x	CA$-1.21 Million
2019	0.00%	0.00%	0.00x	0.00x	CA$-826.00K
2020	0.00%	0.00%	0.00x	0.00x	CA$-979.20K
2021	0.00%	0.00%	0.00x	0.00x	CA$-2.04 Million
2022	0.00%	0.00%	0.00x	0.00x	CA$-3.31 Million
2023	0.00%	0.00%	0.00x	0.00x	CA$-3.12 Million
2024	0.00%	0.00%	0.00x	0.00x	CA$7.12 Million

Industry Comparison

This section compares Entree Resources Ltd'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: $14,613,271
Average return on equity (ROE) among peers: -28.30%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Entree Resources Ltd (ETG)	CA$-76.46 Million	-14.33%	N/A	$357.93 Million
Aftermath Silver Ltd (AAG)	$1.38 Million	-190.49%	0.19x	$185.75 Million
Aton Resources Inc (AAN)	$-9.49 Million	0.00%	0.00x	$49.79 Million
Arbor Metals Corp (ABR)	$3.78 Million	-10.88%	0.34x	$10.75 Million
Asiabasemetals Inc (ABZ)	$-637.51K	0.00%	0.00x	$4.67 Million
Adex Mining Inc (ADE)	$-2.16 Million	0.00%	0.00x	$27.09 Million
Alphamin Res (AFM)	$71.72 Million	-9.02%	0.02x	$1.30 Billion
Silver X Mining Corp (AGX)	$38.37 Million	-47.47%	0.73x	$148.73 Million
Amarc Resources Ltd. (AHR)	$14.00 Million	5.93%	0.01x	$148.33 Million
Almonty Industries Inc (AII)	$29.17 Million	-31.05%	4.18x	$4.73 Billion
Aldebaran Resources Inc (ALDE)	$1.00	0.00%	0.00x	$332.39 Million

About Entree Resources Ltd

TO:ETG Canada Other Industrial Metals & Mining

Market Cap

$357.93 Million

CA$494.80 Million CAD

Market Cap Rank

#14217 Global

#415 in Canada

Share Price

CA$2.38

Change (1 day)

+0.85%

52-Week Range

CA$1.97 - CA$3.30

All Time High

CA$3.30