Global Atomic Corp (GLO) - Net Assets
Based on the latest financial reports, Global Atomic Corp (GLO) has net assets worth CA$299.85 Million CAD (≈ $216.91 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$335.49 Million ≈ $242.69 Million USD) and total liabilities (CA$35.64 Million ≈ $25.78 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 Global Atomic Corp liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$299.85 Million |
| % of Total Assets | 89.38% |
| Annual Growth Rate | 24.58% |
| 5-Year Change | 376.97% |
| 10-Year Change | 2254.48% |
| Growth Volatility | 2510.65 |
Global Atomic Corp - Net Assets Trend (2000–2024)
This chart illustrates how Global Atomic Corp's net assets have evolved over time, based on quarterly financial data. Also explore Global Atomic Corp asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Global Atomic Corp (2000–2024)
The table below shows the annual net assets of Global Atomic Corp from 2000 to 2024. For live valuation and market cap data, see GLO company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$247.12 Million ≈ $178.76 Million |
+56.22% |
| 2023-12-31 | CA$158.19 Million ≈ $114.43 Million |
+55.83% |
| 2022-12-31 | CA$101.51 Million ≈ $73.43 Million |
+11.91% |
| 2021-12-31 | CA$90.70 Million ≈ $65.61 Million |
+75.07% |
| 2020-12-31 | CA$51.81 Million ≈ $37.48 Million |
-2.17% |
| 2019-12-31 | CA$52.96 Million ≈ $38.31 Million |
+6.01% |
| 2018-12-31 | CA$49.96 Million ≈ $36.14 Million |
+42.68% |
| 2017-12-31 | CA$35.01 Million ≈ $25.33 Million |
+222.00% |
| 2016-12-31 | CA$10.87 Million ≈ $7.87 Million |
+3.60% |
| 2015-12-31 | CA$10.50 Million ≈ $7.59 Million |
-2.71% |
| 2014-12-31 | CA$10.79 Million ≈ $7.80 Million |
+10.09% |
| 2013-12-31 | CA$9.80 Million ≈ $7.09 Million |
+6.59% |
| 2012-12-31 | CA$9.19 Million ≈ $6.65 Million |
+9.28% |
| 2011-12-31 | CA$8.41 Million ≈ $6.09 Million |
+22.54% |
| 2010-12-31 | CA$6.87 Million ≈ $4.97 Million |
+108.09% |
| 2009-12-31 | CA$3.30 Million ≈ $2.39 Million |
+364.15% |
| 2008-12-31 | CA$710.83K ≈ $514.20K |
-95.16% |
| 2007-12-31 | CA$14.68 Million ≈ $10.62 Million |
+232.78% |
| 2006-12-31 | CA$4.41 Million ≈ $3.19 Million |
+12599.88% |
| 2005-12-31 | CA$34.74K ≈ $25.13K |
-97.61% |
| 2004-12-31 | CA$1.46 Million ≈ $1.05 Million |
-1.05% |
| 2003-12-31 | CA$1.47 Million ≈ $1.06 Million |
+4.14% |
| 2002-12-31 | CA$1.41 Million ≈ $1.02 Million |
-5.11% |
| 2001-12-31 | CA$1.49 Million ≈ $1.08 Million |
+17.62% |
| 2000-12-31 | CA$1.27 Million ≈ $915.58K |
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Equity Component Analysis
This analysis shows how different components contribute to Global Atomic 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 1078058200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CA$219.91 Million | 89.16% |
| Other Comprehensive Income | CA$-17.15 Million | -6.95% |
| Other Components | CA$55.12 Million | 22.35% |
| Total Equity | CA$246.66 Million | 100.00% |
Global Atomic Corp Competitors by Market Cap
The table below lists competitors of Global Atomic Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sangam (India) Limited
NSE:SANGAMIND
|
$276.66 Million |
|
Shenzhen Weiye Decoration Group Co Ltd
SHE:300621
|
$276.75 Million |
|
Andfjord Salmon AS
OL:ANDF
|
$276.76 Million |
|
Chlitina Holding Ltd
TW:4137
|
$276.79 Million |
|
Text S.A.
WAR:TXT
|
$276.53 Million |
|
Southeast Cement Co Ltd
TW:1110
|
$276.50 Million |
|
PARKEN Sport & Entertainment
CO:PARKEN
|
$276.50 Million |
|
Cross Country Healthcare Inc
NASDAQ:CCRN
|
$276.49 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Global Atomic Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 157,756,764 to 246,660,059, a change of 88,903,295 (56.4%).
- Net income of 7,737,956 contributed positively to equity growth.
- Share repurchases of 77,430,190 reduced equity.
- New share issuances of 67,071,238 increased equity.
- Other comprehensive income decreased equity by 2,903,840.
- Other factors increased equity by 94,428,131.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$7.74 Million | +3.14% |
| Share Repurchases | CA$77.43 Million | -31.39% |
| Share Issuances | CA$67.07 Million | +27.19% |
| Other Comprehensive Income | CA$-2.90 Million | -1.18% |
| Other Changes | CA$94.43 Million | +38.28% |
| Total Change | CA$- | 56.35% |
Book Value vs Market Value Analysis
This analysis compares Global Atomic 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: 0.74x
- 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.
- The price-to-book ratio has increased from 0.53x to 0.74x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-12-31 | CA$1.48 | CA$0.78 | x |
| 2001-12-31 | CA$1.41 | CA$0.78 | x |
| 2002-12-31 | CA$1.33 | CA$0.78 | x |
| 2003-12-31 | CA$1.30 | CA$0.78 | x |
| 2004-12-31 | CA$1.24 | CA$0.78 | x |
| 2005-12-31 | CA$0.03 | CA$0.78 | x |
| 2006-12-31 | CA$0.35 | CA$0.78 | x |
| 2007-12-31 | CA$0.65 | CA$0.78 | x |
| 2008-12-31 | CA$0.02 | CA$0.78 | x |
| 2009-12-31 | CA$0.05 | CA$0.78 | x |
| 2010-12-31 | CA$0.14 | CA$0.78 | x |
| 2011-12-31 | CA$0.15 | CA$0.78 | x |
| 2012-12-31 | CA$0.16 | CA$0.78 | x |
| 2013-12-31 | CA$0.17 | CA$0.78 | x |
| 2014-12-31 | CA$0.20 | CA$0.78 | x |
| 2015-12-31 | CA$0.20 | CA$0.78 | x |
| 2016-12-31 | CA$0.21 | CA$0.78 | x |
| 2017-12-31 | CA$0.65 | CA$0.78 | x |
| 2018-12-31 | CA$0.44 | CA$0.78 | x |
| 2019-12-31 | CA$0.35 | CA$0.78 | x |
| 2020-12-31 | CA$0.35 | CA$0.78 | x |
| 2021-12-31 | CA$0.56 | CA$0.78 | x |
| 2022-12-31 | CA$0.57 | CA$0.78 | x |
| 2023-12-31 | CA$0.80 | CA$0.78 | x |
| 2024-12-31 | CA$1.06 | CA$0.78 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Global Atomic Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 3.14%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 900.45%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.11x
- Recent ROE (3.14%) is above the historical average (-252.01%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | -3.53% | -1193.70% | 0.00x | 1.14x | CA$-171.31K |
| 2001 | -4.57% | -1218.64% | 0.00x | 1.13x | CA$-216.86K |
| 2002 | -6.24% | -2788.52% | 0.00x | 1.14x | CA$-229.44K |
| 2003 | -2.84% | -251.24% | 0.01x | 1.23x | CA$-188.90K |
| 2004 | -7.20% | -241.40% | 0.02x | 1.45x | CA$-250.35K |
| 2005 | -4179.77% | -690.83% | 2.50x | 2.42x | CA$-1.46 Million |
| 2006 | -23.57% | -39742.15% | 0.00x | 1.10x | CA$-1.48 Million |
| 2007 | -7.55% | -627.78% | 0.01x | 1.10x | CA$-2.58 Million |
| 2008 | -2121.93% | -21235.50% | 0.05x | 2.02x | CA$-15.15 Million |
| 2009 | -33.71% | -14.02% | 0.44x | 5.42x | CA$-862.24K |
| 2010 | 14.86% | 7.14% | 1.49x | 1.40x | CA$333.44K |
| 2011 | 18.07% | 17.29% | 0.87x | 1.20x | CA$679.04K |
| 2012 | 10.12% | 8.63% | 1.03x | 1.14x | CA$10.65K |
| 2013 | 16.65% | 395.94% | 0.04x | 1.01x | CA$651.38K |
| 2014 | 15.89% | 369.75% | 0.04x | 1.01x | CA$635.52K |
| 2015 | -9.55% | -263.94% | 0.04x | 1.01x | CA$-2.05 Million |
| 2016 | 29.96% | 656.73% | 0.05x | 1.00x | CA$2.17 Million |
| 2017 | 14.70% | 578.19% | 0.02x | 1.10x | CA$1.64 Million |
| 2018 | 14.83% | 870.16% | 0.02x | 1.01x | CA$2.41 Million |
| 2019 | 7.06% | 1560.58% | 0.00x | 1.01x | CA$-1.56 Million |
| 2020 | -7.06% | -517.12% | 0.01x | 1.02x | CA$-8.84 Million |
| 2021 | -9.20% | -871.49% | 0.01x | 1.03x | CA$-17.42 Million |
| 2022 | -18.33% | -1611.46% | 0.01x | 1.09x | CA$-28.63 Million |
| 2023 | -10.52% | -2406.34% | 0.00x | 1.13x | CA$-32.38 Million |
| 2024 | 3.14% | 900.45% | 0.00x | 1.11x | CA$-16.93 Million |
Industry Comparison
This section compares Global Atomic Corp'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 |
|---|---|---|---|---|
| Global Atomic Corp (GLO) | CA$299.85 Million | -3.53% | 0.12x | $276.58 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 Global Atomic Corp
Global Atomic Corporation engages in the acquisition, exploration, and development of uranium properties in Africa. It operates through the Uranium Business and Electric Arc Furnace Dust (EAFD) Business segments. The company also explores zinc. In addition, the company holds 80% interest in the Dasa project, a sandstone-hosted uranium deposit located in the Republic of Niger. Further, it operates… Read more