Faraday Copper Corp.
Faraday Copper Corp., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in the United States. The company holds a 100% interest in the Copper Creek project consisting of 80 square kilometers private land, patented and un-patented mining claims, and state prospecting permits located in Pinal County, Arizona. It also holds 100% interest in … Read more
Faraday Copper Corp. (FDY) - Net Assets
Latest net assets as of September 2025: CA$65.66 Million CAD
Based on the latest financial reports, Faraday Copper Corp. (FDY) has net assets worth CA$65.66 Million CAD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$69.15 Million) and total liabilities (CA$3.49 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 | CA$65.66 Million |
| % of Total Assets | 94.96% |
| Annual Growth Rate | 57.35% |
| 5-Year Change | 637.32% |
| 10-Year Change | 703.24% |
| Growth Volatility | 2975.03 |
Faraday Copper Corp. - Net Assets Trend (2009–2024)
This chart illustrates how Faraday Copper 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 Faraday Copper Corp. (2009–2024)
The table below shows the annual net assets of Faraday Copper Corp. from 2009 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$36.26 Million | +6.33% |
| 2023-12-31 | CA$34.11 Million | +17.76% |
| 2022-12-31 | CA$28.96 Million | +175.77% |
| 2021-12-31 | CA$10.50 Million | +113.54% |
| 2020-12-31 | CA$4.92 Million | +2.84% |
| 2019-12-31 | CA$4.78 Million | -61.25% |
| 2018-12-31 | CA$12.34 Million | +74.12% |
| 2017-12-31 | CA$7.09 Million | +57.74% |
| 2016-12-31 | CA$4.49 Million | -0.48% |
| 2015-12-31 | CA$4.51 Million | -63.96% |
| 2014-12-31 | CA$12.53 Million | +267.39% |
| 2013-12-31 | CA$-7.48 Million | -8927.56% |
| 2012-12-31 | CA$84.77K | -70.58% |
| 2011-12-31 | CA$288.17K | -89.45% |
| 2010-12-31 | CA$2.73 Million | +6667.11% |
| 2009-12-31 | CA$40.38K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Faraday Copper 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 9988207100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CA$117.06 Million | 322.80% |
| Other Comprehensive Income | CA$19.21 Million | 52.98% |
| Total Equity | CA$36.26 Million | 100.00% |
Faraday Copper Corp. Competitors by Market Cap
The table below lists competitors of Faraday Copper Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Iguatemi S.A.
SA:IGTI4
|
$334.54 Million |
|
Innocean Worldwide Inc
KO:214320
|
$334.61 Million |
|
Zhejiang Chunhui Intelligent Control Co. Ltd.
SHE:300943
|
$334.61 Million |
|
FuelCell Energy Inc
NASDAQ:FCEL
|
$334.63 Million |
|
Xiamen Comfort Science&Technology Group Co Ltd
SHE:002614
|
$334.52 Million |
|
Prima Meat Packers, Ltd.
F:83X
|
$334.42 Million |
|
Cryoport Inc
NASDAQ:CYRX
|
$334.40 Million |
|
Shanghai Rongtai Health Tech
SHG:603579
|
$334.36 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Faraday Copper Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 34,105,389 to 36,263,625, a change of 2,158,236 (6.3%).
- Net loss of 22,549,000 reduced equity.
- Share repurchases of 23,040,000 reduced equity.
- New share issuances of 23,000,000 increased equity.
- Other comprehensive income increased equity by 2,446,357.
- Other factors increased equity by 22,300,879.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-22.55 Million | -62.18% |
| Share Repurchases | CA$23.04 Million | -63.53% |
| Share Issuances | CA$23.00 Million | +63.42% |
| Other Comprehensive Income | CA$2.45 Million | +6.75% |
| Other Changes | CA$22.30 Million | +61.5% |
| Total Change | CA$- | 6.33% |
Book Value vs Market Value Analysis
This analysis compares Faraday Copper 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
- Current price-to-book ratio: 23.85x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 500.81x to 23.85x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | CA$0.01 | CA$4.47 | x |
| 2010-12-31 | CA$0.42 | CA$4.47 | x |
| 2011-12-31 | CA$0.03 | CA$4.47 | x |
| 2012-12-31 | CA$0.01 | CA$4.47 | x |
| 2013-12-31 | CA$-0.80 | CA$4.47 | x |
| 2014-12-31 | CA$0.89 | CA$4.47 | x |
| 2015-12-31 | CA$0.14 | CA$4.47 | x |
| 2016-12-31 | CA$0.13 | CA$4.47 | x |
| 2017-12-31 | CA$0.17 | CA$4.47 | x |
| 2018-12-31 | CA$0.23 | CA$4.47 | x |
| 2019-12-31 | CA$0.07 | CA$4.47 | x |
| 2020-12-31 | CA$0.06 | CA$4.47 | x |
| 2021-12-31 | CA$0.12 | CA$4.47 | x |
| 2022-12-31 | CA$0.25 | CA$4.47 | x |
| 2023-12-31 | CA$0.20 | CA$4.47 | x |
| 2024-12-31 | CA$0.19 | CA$4.47 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Faraday Copper Corp. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -62.18%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.12x
- Recent ROE (-62.18%) is above the historical average (-145.56%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | -314.06% | 0.00% | 0.00x | 1.72x | CA$-130.85K |
| 2010 | -30.49% | 0.00% | 0.00x | 1.03x | CA$-1.11 Million |
| 2011 | -932.44% | 0.00% | 0.00x | 1.05x | CA$-2.72 Million |
| 2012 | -239.48% | 0.00% | 0.00x | 1.40x | CA$-211.48K |
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | CA$106.29K |
| 2014 | -100.42% | 0.00% | 0.00x | 1.01x | CA$-13.83 Million |
| 2015 | -201.99% | 0.00% | 0.00x | 1.01x | CA$-9.57 Million |
| 2016 | -14.13% | 0.00% | 0.00x | 1.05x | CA$-1.08 Million |
| 2017 | -21.39% | 0.00% | 0.00x | 1.06x | CA$-2.22 Million |
| 2018 | -14.46% | 0.00% | 0.00x | 1.06x | CA$-3.02 Million |
| 2019 | -190.41% | 0.00% | 0.00x | 1.18x | CA$-9.58 Million |
| 2020 | -21.55% | 0.00% | 0.00x | 1.19x | CA$-1.55 Million |
| 2021 | -52.15% | 0.00% | 0.00x | 1.07x | CA$-6.53 Million |
| 2022 | -73.65% | 0.00% | 0.00x | 1.11x | CA$-24.23 Million |
| 2023 | -60.11% | 0.00% | 0.00x | 1.07x | CA$-23.91 Million |
| 2024 | -62.18% | 0.00% | 0.00x | 1.12x | CA$-26.18 Million |
Industry Comparison
This section compares Faraday Copper Corp.'s net assets metrics with peer companies in the Copper industry.
Industry Context
- Industry: Copper
- Average net assets among peers: $2,546,179
- Average return on equity (ROE) among peers: -48.69%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Faraday Copper Corp. (FDY) | CA$65.66 Million | -314.06% | 0.05x | $334.53 Million |
| Aranjin Resources Ltd (ARJN) | $1.99 Million | -52.54% | 1.43x | $607.03K |
| Axo Copper Corp (AXO) | $80.00K | 0.00% | 0.00x | $117.09 Million |
| Capstone Mining Corp (CS) | $44.08K | -158.72% | 3.74x | $5.34 Billion |
| Transforma Resources Corp (TFM) | $-941.49K | 0.00% | 0.00x | $341.87K |
| T2 Metals Corp. (TWO) | $1.98 Million | -20.45% | 0.31x | $14.53 Million |
| XXIX Metal Corp. (XXIX) | $12.12 Million | -60.41% | 0.02x | $27.77 Million |