Mega Uranium Ltd. (MGA) - Net Assets
Based on the latest financial reports, Mega Uranium Ltd. (MGA) has net assets worth CA$242.36 Million CAD (≈ $175.32 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$274.09 Million ≈ $198.27 Million USD) and total liabilities (CA$31.73 Million ≈ $22.95 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$242.36 Million |
| % of Total Assets | 88.42% |
| Annual Growth Rate | 20.94% |
| 5-Year Change | 76.27% |
| 10-Year Change | 323.04% |
| Growth Volatility | 3300.45 |
Mega Uranium Ltd. - Net Assets Trend (1997–2025)
This chart illustrates how Mega Uranium Ltd.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Mega Uranium Ltd. (1997–2025)
The table below shows the annual net assets of Mega Uranium Ltd. from 1997 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | CA$241.20 Million ≈ $174.48 Million |
+33.32% |
| 2024-09-30 | CA$180.92 Million ≈ $130.88 Million |
+3.87% |
| 2023-09-30 | CA$174.18 Million ≈ $126.00 Million |
+50.88% |
| 2022-09-30 | CA$115.44 Million ≈ $83.51 Million |
-15.64% |
| 2021-09-30 | CA$136.84 Million ≈ $98.99 Million |
+165.79% |
| 2020-09-30 | CA$51.48 Million ≈ $37.24 Million |
+16.50% |
| 2019-09-30 | CA$44.19 Million ≈ $31.97 Million |
-29.62% |
| 2018-09-30 | CA$62.79 Million ≈ $45.42 Million |
-11.58% |
| 2017-09-30 | CA$71.02 Million ≈ $51.37 Million |
+24.55% |
| 2016-09-30 | CA$57.02 Million ≈ $41.25 Million |
+15.83% |
| 2015-09-30 | CA$49.22 Million ≈ $35.61 Million |
-11.17% |
| 2014-09-30 | CA$55.41 Million ≈ $40.08 Million |
-15.74% |
| 2013-09-30 | CA$65.76 Million ≈ $47.57 Million |
-56.04% |
| 2012-09-30 | CA$149.59 Million ≈ $108.21 Million |
-11.44% |
| 2011-09-30 | CA$168.91 Million ≈ $122.18 Million |
-43.96% |
| 2010-09-30 | CA$301.39 Million ≈ $218.02 Million |
-2.36% |
| 2009-09-30 | CA$308.67 Million ≈ $223.28 Million |
+8.89% |
| 2008-09-30 | CA$283.46 Million ≈ $205.05 Million |
-36.56% |
| 2007-09-30 | CA$446.81 Million ≈ $323.21 Million |
+388.87% |
| 2006-09-30 | CA$91.40 Million ≈ $66.11 Million |
+443.79% |
| 2005-09-30 | CA$16.81 Million ≈ $12.16 Million |
+411.24% |
| 2004-09-30 | CA$3.29 Million ≈ $2.38 Million |
+17813.87% |
| 2003-09-30 | CA$18.35K ≈ $13.28K |
-96.51% |
| 2002-09-30 | CA$525.41K ≈ $380.07K |
+68.87% |
| 2001-09-30 | CA$311.14K ≈ $225.07K |
-50.89% |
| 2000-09-30 | CA$633.52K ≈ $458.28K |
-28.08% |
| 1999-09-30 | CA$880.87K ≈ $637.21K |
-12.72% |
| 1998-09-30 | CA$1.01 Million ≈ $730.08K |
-14.20% |
| 1997-09-30 | CA$1.18 Million ≈ $850.96K |
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Equity Component Analysis
This analysis shows how different components contribute to Mega Uranium 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 30922210600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CA$286.66 Million | 118.85% |
| Other Comprehensive Income | CA$271.48 Million | 112.55% |
| Total Equity | CA$241.20 Million | 100.00% |
Mega Uranium Ltd. Competitors by Market Cap
The table below lists competitors of Mega Uranium Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sporting Clube de Portugal - Futebol SAD
LS:SCP
|
$197.95 Million |
|
Aftermath Silver Ltd
V:AAG
|
$197.97 Million |
|
Columbus A/S
CO:COLUM
|
$198.08 Million |
|
Mdevice
KQ:226590
|
$198.12 Million |
|
Chunil Express
KO:000650
|
$197.77 Million |
|
Ceragon Networks Ltd
NASDAQ:CRNT
|
$197.76 Million |
|
Peninsula Group Ltd
TA:PEN
|
$197.72 Million |
|
Gwangjushinseg
KO:037710
|
$197.71 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mega Uranium Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 180,921,000 to 241,203,000, a change of 60,282,000 (33.3%).
- Net loss of 4,640,000 reduced equity.
- Share repurchases of 1,015,000 reduced equity.
- Other comprehensive income increased equity by 131,772,000.
- Other factors decreased equity by 65,835,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-4.64 Million | -1.92% |
| Share Repurchases | CA$1.01 Million | -0.42% |
| Other Comprehensive Income | CA$131.77 Million | +54.63% |
| Other Changes | CA$-65.83 Million | -27.29% |
| Total Change | CA$- | 33.32% |
Book Value vs Market Value Analysis
This analysis compares Mega Uranium 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
- Current price-to-book ratio: 1.12x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 3.45x to 1.12x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-09-30 | CA$0.21 | CA$0.72 | x |
| 1998-09-30 | CA$0.14 | CA$0.72 | x |
| 1999-09-30 | CA$0.12 | CA$0.72 | x |
| 2000-09-30 | CA$0.08 | CA$0.72 | x |
| 2001-09-30 | CA$0.04 | CA$0.72 | x |
| 2002-09-30 | CA$0.05 | CA$0.72 | x |
| 2003-09-30 | CA$0.00 | CA$0.72 | x |
| 2004-09-30 | CA$0.14 | CA$0.72 | x |
| 2005-09-30 | CA$0.39 | CA$0.72 | x |
| 2006-09-30 | CA$1.03 | CA$0.72 | x |
| 2007-09-30 | CA$3.08 | CA$0.72 | x |
| 2008-09-30 | CA$1.55 | CA$0.72 | x |
| 2009-09-30 | CA$1.65 | CA$0.72 | x |
| 2010-09-30 | CA$1.23 | CA$0.72 | x |
| 2011-09-30 | CA$0.66 | CA$0.72 | x |
| 2012-09-30 | CA$0.56 | CA$0.72 | x |
| 2013-09-30 | CA$0.25 | CA$0.72 | x |
| 2014-09-30 | CA$0.21 | CA$0.72 | x |
| 2015-09-30 | CA$0.18 | CA$0.72 | x |
| 2016-09-30 | CA$0.20 | CA$0.72 | x |
| 2017-09-30 | CA$0.25 | CA$0.72 | x |
| 2018-09-30 | CA$0.21 | CA$0.72 | x |
| 2019-09-30 | CA$0.14 | CA$0.72 | x |
| 2020-09-30 | CA$0.16 | CA$0.72 | x |
| 2021-09-30 | CA$0.39 | CA$0.72 | x |
| 2022-09-30 | CA$0.33 | CA$0.72 | x |
| 2023-09-30 | CA$0.47 | CA$0.72 | x |
| 2024-09-30 | CA$0.49 | CA$0.72 | x |
| 2025-09-30 | CA$0.64 | CA$0.72 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mega Uranium Ltd. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -1.92%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.12x
- Recent ROE (-1.92%) is above the historical average (-117.82%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | -29.41% | -34600000.00% | 0.00x | 1.17x | CA$-463.64K |
| 1998 | -47.56% | -48000000.00% | 0.00x | 1.23x | CA$-580.93K |
| 1999 | -16.46% | -14500000.00% | 0.00x | 1.23x | CA$-233.09K |
| 2000 | -39.46% | -25000000.00% | 0.00x | 1.62x | CA$-313.35K |
| 2001 | -105.10% | -32700000.00% | 0.00x | 1.94x | CA$-358.11K |
| 2002 | -14.64% | 0.00% | 0.00x | 1.14x | CA$-129.44K |
| 2003 | -2762.64% | 0.00% | 0.00x | 11.58x | CA$-508.84K |
| 2004 | -10.98% | -1234.99% | 0.01x | 1.01x | CA$-689.76K |
| 2005 | -11.10% | -1567.32% | 0.01x | 1.01x | CA$-3.55 Million |
| 2006 | -11.67% | -1106.81% | 0.01x | 1.11x | CA$-19.81 Million |
| 2007 | -3.62% | -152.34% | 0.02x | 1.33x | CA$-60.87 Million |
| 2008 | -68.98% | 0.00% | -0.04x | 1.23x | CA$-223.88 Million |
| 2009 | 6.96% | 7704.30% | 0.00x | 1.09x | CA$-9.37 Million |
| 2010 | -13.83% | -96918.60% | 0.00x | 1.04x | CA$-71.81 Million |
| 2011 | -84.39% | 0.00% | 0.00x | 1.02x | CA$-159.44 Million |
| 2012 | -13.55% | 0.00% | 0.00x | 1.01x | CA$-35.23 Million |
| 2013 | -118.42% | 0.00% | 0.00x | 1.05x | CA$-84.45 Million |
| 2014 | -21.23% | 0.00% | 0.00x | 1.03x | CA$-17.31 Million |
| 2015 | -8.52% | 0.00% | 0.00x | 1.04x | CA$-9.12 Million |
| 2016 | -14.52% | 0.00% | 0.00x | 1.00x | CA$-13.98 Million |
| 2017 | 0.54% | 0.00% | 0.00x | 1.00x | CA$-6.72 Million |
| 2018 | -12.68% | 0.00% | 0.00x | 1.01x | CA$-14.24 Million |
| 2019 | -13.42% | 0.00% | 0.00x | 1.01x | CA$-10.35 Million |
| 2020 | -7.27% | 0.00% | 0.00x | 1.02x | CA$-8.89 Million |
| 2021 | 15.25% | 0.00% | 0.00x | 1.01x | CA$7.19 Million |
| 2022 | -7.27% | 0.00% | 0.00x | 1.02x | CA$-19.93 Million |
| 2023 | 2.54% | 0.00% | 0.00x | 1.06x | CA$-13.00 Million |
| 2024 | -3.38% | 0.00% | 0.00x | 1.10x | CA$-24.21 Million |
| 2025 | -1.92% | 0.00% | 0.00x | 1.12x | CA$-28.76 Million |
Industry Comparison
This section compares Mega Uranium Ltd.'s net assets metrics with peer companies in the Uranium industry.
Industry Context
- Industry: Uranium
- Average net assets among peers: $224,776,013
- Average return on equity (ROE) among peers: -28.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mega Uranium Ltd. (MGA) | CA$242.36 Million | -29.41% | 0.13x | $197.83 Million |
| Azincourt Uranium Inc (AAZ) | $2.01 Million | -48.30% | 0.03x | $4.88 Million |
| Anfield Resources Inc (AEC) | $44.87 Million | -25.51% | 0.78x | $93.04 Million |
| Blue Sky Uranium Corp (BSK) | $-1.52 Million | 0.00% | 0.00x | $20.42 Million |
| Cameco Corp (CCO) | $1.92 Billion | 4.16% | 0.54x | $52.61 Billion |
| Denison Mines Corp (DML) | $222.25 Million | -13.53% | 0.40x | $3.38 Billion |
| enCore Energy Corp. (EU) | $15.87 Million | -13.88% | 0.48x | $356.31 Million |
| Baselode Energy Corp (FIND) | $13.29 Million | -61.18% | 0.23x | $9.27 Million |
| Fission 3.0 Corp (FUU) | $9.31 Million | -12.00% | 0.12x | $89.13 Million |
| GoviEx Uranium Inc (GXU) | $19.62 Million | -118.05% | 2.36x | $31.42 Million |
| Indigo Exploration Inc. (IXI) | $-232.69K | 0.00% | 0.00x | $2.16 Million |
About Mega Uranium Ltd.
Mega Uranium Ltd., a uranium mining and investment company, explores for uranium properties primarily in Canada and Australia. It explores for uranium and gold. The company holds interest in the Georgetown project located in Queensland, Australia; and Redport project situated in Western Australia. The company was formerly known as Maple Minerals Corp. and changed its name to Mega Uranium Ltd. in … Read more