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 strategic asset allocation of Entree Resources Ltd to assess the company's strategic physical and investment asset allocation.

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. For live market cap and overall valuation, see Entree Resources Ltd market cap and net worth.

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. Also explore ETG year-over-year net asset growth to track the company's year-over-year net asset growth rate.

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
Yulon Nissan Motor Co Ltd
TW:2227
 $428.63 Million
Kinko Optical Co Ltd
TW:6209
 $428.63 Million
Eupraxia Pharmaceuticals Inc
TO:EPRX
 $428.67 Million
Baolingbao Biology Co Ltd
SHE:002286
 $428.70 Million
Prime Energy PE Ltd
TA:PRIM
 $428.56 Million
Hunan Sokan New Materials Co. Ltd. A
SHG:688157
 $428.52 Million
Excelsior Medical Co Ltd
TW:4104
 $428.48 Million
Edom Technology Co Ltd
TW:3048
 $428.46 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$2.85 x
1997-12-31 CA$0.00 CA$2.85 x
1998-12-31 CA$0.00 CA$2.85 x
1999-12-31 CA$0.00 CA$2.85 x
2000-12-31 CA$0.01 CA$2.85 x
2003-12-31 CA$0.65 CA$2.85 x
2004-12-31 CA$0.13 CA$2.85 x
2005-12-31 CA$0.37 CA$2.85 x
2006-12-31 CA$0.21 CA$2.85 x
2007-12-31 CA$0.96 CA$2.85 x
2008-12-31 CA$0.48 CA$2.85 x
2009-12-31 CA$0.46 CA$2.85 x
2010-12-31 CA$0.60 CA$2.85 x
2011-12-31 CA$0.51 CA$2.85 x
2012-12-31 CA$0.38 CA$2.85 x
2013-12-31 CA$0.31 CA$2.85 x
2014-12-31 CA$0.23 CA$2.85 x
2015-12-31 CA$0.14 CA$2.85 x
2016-12-31 CA$0.13 CA$2.85 x
2017-12-31 CA$-0.14 CA$2.85 x
2018-12-31 CA$-0.23 CA$2.85 x
2019-12-31 CA$-0.27 CA$2.85 x
2020-12-31 CA$-0.28 CA$2.85 x
2021-12-31 CA$-0.29 CA$2.85 x
2022-12-31 CA$-0.29 CA$2.85 x
2023-12-31 CA$-0.32 CA$2.85 x
2024-12-31 CA$-0.35 CA$2.85 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: $36,030,955
  • Average return on equity (ROE) among peers: -14.60%

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 $428.62 Million
Aftermath Silver Ltd (AAG) $-31.00K 0.00% 0.00x $170.52 Million
Aton Resources Inc (AAN) $-1.00 Million 0.00% 0.00x $45.18 Million
Arbor Metals Corp (ABR) $10.98 Million -14.09% 0.06x $5.80 Million
Asiabasemetals Inc (ABZ) $-637.51K 0.00% 0.00x $2.91 Million
Adex Mining Inc (ADE) $-5.15 Million 0.00% 0.00x $44.09 Million
Alphamin Res (AFM) $1.24 Million -29.70% 0.12x $1.30 Billion
Silver X Mining Corp (AGX) $6.99 Million -54.56% 0.04x $148.73 Million
Amarc Resources Ltd. (AHR) $1.83 Million -2.38% 4.39x $159.91 Million
Almonty Industries Inc (AII) $357.81 Million -45.25% 0.65x $3.18 Billion
Aldebaran Resources Inc (ALDE) $-11.72 Million 0.00% 0.00x $382.92 Million

About Entree Resources Ltd

TO:ETG Canada Other Industrial Metals & Mining
Market Cap
$428.62 Million
CA$592.52 Million CAD
Market Cap Rank
#13153 Global
#386 in Canada
Share Price
CA$2.85
Change (1 day)
+4.40%
52-Week Range
CA$2.00 - CA$3.30
All Time High
CA$3.30
Categories
Companies in Canada Other Industrial Metals & Mining
About

Entrée Resources Ltd., a mining company, engages in the development and exploration of mineral properties in Canada. Its principal asset is the Entrée/Oyu Tolgoi joint venture property comprising Hugo North Extension copper-gold deposit and the Heruga copper-gold molybdenum deposit located in Mongolia. The company was formerly known as Entrée Gold Inc. and changed its name to Entrée Resources Ltd… Read more