Azincourt Uranium Inc (AAZ) - Net Assets
Based on the latest financial reports, Azincourt Uranium Inc (AAZ) has net assets worth CA$6.48 Million CAD (≈ $4.69 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$6.82 Million ≈ $4.93 Million USD) and total liabilities (CA$341.08K ≈ $246.73K 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 AAZ goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$6.48 Million |
| % of Total Assets | 95.0% |
| Annual Growth Rate | 29.17% |
| 5-Year Change | -52.28% |
| 10-Year Change | 895.69% |
| Growth Volatility | 127.29 |
Azincourt Uranium Inc - Net Assets Trend (2011–2025)
This chart illustrates how Azincourt Uranium Inc's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of Azincourt Uranium Inc to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Azincourt Uranium Inc (2011–2025)
The table below shows the annual net assets of Azincourt Uranium Inc from 2011 to 2025. For live valuation and market cap data, see AAZ market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | CA$6.48 Million ≈ $4.69 Million |
-4.06% |
| 2024-09-30 | CA$6.75 Million ≈ $4.88 Million |
-13.98% |
| 2023-09-30 | CA$7.85 Million ≈ $5.68 Million |
-45.16% |
| 2022-09-30 | CA$14.32 Million ≈ $10.36 Million |
+5.44% |
| 2021-09-30 | CA$13.58 Million ≈ $9.82 Million |
+295.87% |
| 2020-09-30 | CA$3.43 Million ≈ $2.48 Million |
-12.09% |
| 2019-09-30 | CA$3.90 Million ≈ $2.82 Million |
+1.29% |
| 2018-09-30 | CA$3.85 Million ≈ $2.79 Million |
+52.32% |
| 2017-09-30 | CA$2.53 Million ≈ $1.83 Million |
+288.61% |
| 2016-09-30 | CA$650.65K ≈ $470.67K |
-6.73% |
| 2015-09-30 | CA$697.61K ≈ $504.64K |
-36.25% |
| 2014-09-30 | CA$1.09 Million ≈ $791.61K |
-45.47% |
| 2013-09-30 | CA$2.01 Million ≈ $1.45 Million |
+208.46% |
| 2012-09-30 | CA$650.64K ≈ $470.66K |
+261.45% |
| 2011-09-30 | CA$180.01K ≈ $130.21K |
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Equity Component Analysis
This analysis shows how different components contribute to Azincourt Uranium Inc'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 3981419100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$46.46 Million | 717.19% |
| Total Equity | CA$6.48 Million | 100.00% |
Azincourt Uranium Inc Competitors by Market Cap
The table below lists competitors of Azincourt Uranium Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
C&C Group plc
LSE:CCR
|
$4.13 Million |
|
Crown Confectionery Co Ltd Pref
KO:26490K
|
$4.14 Million |
|
McChip Resources Inc
V:MCS
|
$4.14 Million |
|
VVC Exploration Corp.
V:VVC
|
$4.14 Million |
|
THALASSA HLDG.NEW DL-01
F:TH2P
|
$4.13 Million |
|
Kineta, Inc.
NASDAQ:KANT
|
$4.12 Million |
|
Inotiv Inc
NASDAQ:NOTV
|
$4.12 Million |
|
Aro Granite Industries Limited
NSE:AROGRANITE
|
$4.11 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Azincourt Uranium Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 6,752,580 to 6,478,421, a change of -274,159 (-4.1%).
- Net loss of 3,175,751 reduced equity.
- New share issuances of 1,701,954 increased equity.
- Other factors increased equity by 1,199,638.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-3.18 Million | -49.02% |
| Share Issuances | CA$1.70 Million | +26.27% |
| Other Changes | CA$1.20 Million | +18.52% |
| Total Change | CA$- | -4.06% |
Book Value vs Market Value Analysis
This analysis compares Azincourt Uranium Inc'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: 0.65x
- 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 0.08x to 0.65x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-09-30 | CA$0.72 | CA$0.06 | x |
| 2012-09-30 | CA$1.23 | CA$0.06 | x |
| 2013-09-30 | CA$2.25 | CA$0.06 | x |
| 2014-09-30 | CA$0.52 | CA$0.06 | x |
| 2015-09-30 | CA$0.27 | CA$0.06 | x |
| 2016-09-30 | CA$0.17 | CA$0.06 | x |
| 2017-09-30 | CA$0.29 | CA$0.06 | x |
| 2018-09-30 | CA$0.16 | CA$0.06 | x |
| 2019-09-30 | CA$0.09 | CA$0.06 | x |
| 2020-09-30 | CA$0.05 | CA$0.06 | x |
| 2021-09-30 | CA$0.12 | CA$0.06 | x |
| 2022-09-30 | CA$0.07 | CA$0.06 | x |
| 2023-09-30 | CA$0.03 | CA$0.06 | x |
| 2024-09-30 | CA$0.14 | CA$0.06 | x |
| 2025-09-30 | CA$0.08 | CA$0.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Azincourt Uranium Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -49.02%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.05x
- Recent ROE (-49.02%) is above the historical average (-69.54%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | -94.30% | 0.00% | 0.00x | 1.29x | CA$-187.74K |
| 2012 | -48.02% | 0.00% | 0.00x | 1.05x | CA$-377.49K |
| 2013 | -48.30% | 0.00% | 0.00x | 1.03x | CA$-1.17 Million |
| 2014 | -209.29% | 0.00% | 0.00x | 4.96x | CA$-2.40 Million |
| 2015 | -69.16% | 0.00% | 0.00x | 1.27x | CA$-552.21K |
| 2016 | -34.23% | 0.00% | 0.00x | 1.24x | CA$-287.76K |
| 2017 | -31.85% | 0.00% | 0.00x | 1.05x | CA$-1.06 Million |
| 2018 | -63.90% | 0.00% | 0.00x | 1.02x | CA$-2.85 Million |
| 2019 | -85.51% | 0.00% | 0.00x | 1.02x | CA$-3.73 Million |
| 2020 | -88.23% | 0.00% | 0.00x | 1.02x | CA$-3.37 Million |
| 2021 | -24.77% | 0.00% | 0.00x | 1.09x | CA$-4.72 Million |
| 2022 | -67.41% | 0.00% | 0.00x | 1.01x | CA$-11.08 Million |
| 2023 | -91.09% | 0.00% | 0.00x | 1.04x | CA$-7.94 Million |
| 2024 | -38.05% | 0.00% | 0.00x | 1.06x | CA$-3.24 Million |
| 2025 | -49.02% | 0.00% | 0.00x | 1.05x | CA$-3.82 Million |
Industry Comparison
This section compares Azincourt Uranium Inc's net assets metrics with peer companies in the Uranium industry.
Industry Context
- Industry: Uranium
- Average net assets among peers: $672,819,579
- Average return on equity (ROE) among peers: -83.95%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Azincourt Uranium Inc (AAZ) | CA$6.48 Million | -94.30% | 0.05x | $4.13 Million |
| Anfield Resources Inc (AEC) | $-19.15 Million | 0.00% | 0.00x | $80.91 Million |
| Blue Sky Uranium Corp (BSK) | $1.11 Million | -503.24% | 0.81x | $17.28 Million |
| Cameco Corp (CCO) | $4.86 Billion | -4.22% | 0.60x | $50.24 Billion |
| Denison Mines Corp (DML) | $762.53 Million | -20.19% | 0.19x | $3.10 Billion |
| enCore Energy Corp. (EU) | $374.64 Million | -8.06% | 0.14x | $310.49 Million |
| Baselode Energy Corp (FIND) | $7.70 Million | -127.56% | 0.41x | $9.27 Million |
| Fission 3.0 Corp (FUU) | $10.32 Million | -12.65% | 0.13x | $73.13 Million |
| GoviEx Uranium Inc (GXU) | $57.93 Million | -1.00% | 0.13x | $31.42 Million |
| Indigo Exploration Inc. (IXI) | $629.32K | -78.61% | 0.12x | $2.16 Million |
About Azincourt Uranium Inc
Azincourt Energy Corp., a resource company, engages in the acquisition, exploration, and development of alternative energy/fuel projects in Canada. It explores for uranium and lithium deposits. The company holds interests in the East Preston project located in Saskatchewan, Canada; the Big Hill Lithium project situated in southwestern Newfoundland, Canada; and the Harrier project located in the n… Read more