Clean Air Metals Inc (AIR) - Net Assets
Based on the latest financial reports, Clean Air Metals Inc (AIR) has net assets worth CA$32.26 Million CAD (≈ $23.34 Million USD) as of April 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$35.86 Million ≈ $25.94 Million USD) and total liabilities (CA$3.60 Million ≈ $2.60 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 Clean Air Metals Inc (AIR) strategic asset index to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$32.26 Million |
| % of Total Assets | 89.97% |
| Annual Growth Rate | 73.68% |
| 5-Year Change | 5.07% |
| 10-Year Change | N/A |
| Growth Volatility | 599.05 |
Clean Air Metals Inc - Net Assets Trend (2019–2026)
This chart illustrates how Clean Air Metals Inc's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market cap of Clean Air Metals Inc.
Annual Net Assets for Clean Air Metals Inc (2019–2026)
The table below shows the annual net assets of Clean Air Metals Inc from 2019 to 2026. Also explore AIR shareholders equity momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2026-01-31 | CA$32.60 Million ≈ $23.59 Million |
-3.80% |
| 2025-01-31 | CA$33.89 Million ≈ $24.52 Million |
-5.13% |
| 2024-01-31 | CA$35.73 Million ≈ $25.84 Million |
-8.07% |
| 2023-01-31 | CA$38.86 Million ≈ $28.11 Million |
+25.24% |
| 2022-01-31 | CA$31.03 Million ≈ $22.45 Million |
+33.62% |
| 2021-01-31 | CA$23.22 Million ≈ $16.80 Million |
+1730.96% |
| 2020-01-31 | CA$1.27 Million ≈ $917.53K |
+85.54% |
| 2019-01-31 | CA$683.61K ≈ $494.51K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Clean Air Metals 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 1725143900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (January 2026)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$124.17 Million | 380.85% |
| Total Equity | CA$32.60 Million | 100.00% |
Clean Air Metals Inc Competitors by Market Cap
The table below lists competitors of Clean Air Metals Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Trimitra Propertindo Tbk PT
JK:LAND
|
$11.78 Million |
|
Urgent.ly Inc. Common Stock
NASDAQ:ULY
|
$11.79 Million |
|
Scandinavian Enviro Systems AB
ST:SES
|
$11.79 Million |
|
LIFESPEAK INC.
F:81F
|
$11.80 Million |
|
NetX Holdings Bhd
KLSE:0020
|
$11.77 Million |
|
Gambling.com Group Ltd
NASDAQ:GAMB
|
$11.77 Million |
|
VOGO SA
PA:ALVGO
|
$11.76 Million |
|
Flux Power Holdings Inc
NASDAQ:FLUX
|
$11.76 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Clean Air Metals Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 33,891,683 to 32,604,804, a change of -1,286,879 (-3.8%).
- Net loss of 1,361,118 reduced equity.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-1.36 Million | -4.17% |
| Other Changes | CA$74.24K | +0.23% |
| Total Change | CA$- | -3.80% |
Book Value vs Market Value Analysis
This analysis compares Clean Air Metals 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: 0.50x
- 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 decreased from 12.01x to 0.50x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-01-31 | CA$0.01 | CA$0.07 | x |
| 2020-01-31 | CA$0.05 | CA$0.07 | x |
| 2021-01-31 | CA$0.22 | CA$0.07 | x |
| 2022-01-31 | CA$0.24 | CA$0.07 | x |
| 2023-01-31 | CA$0.18 | CA$0.07 | x |
| 2024-01-31 | CA$0.16 | CA$0.07 | x |
| 2025-01-31 | CA$0.14 | CA$0.07 | x |
| 2026-01-31 | CA$0.13 | CA$0.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Clean Air Metals Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -4.17%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.11x
- Recent ROE (-4.17%) is above the historical average (-21.29%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -32.64% | 0.00% | 0.00x | 1.05x | CA$-291.48K |
| 2020 | -89.55% | 0.00% | 0.00x | 1.55x | CA$-1.26 Million |
| 2021 | -5.48% | 0.00% | 0.00x | 1.17x | CA$-3.60 Million |
| 2022 | -7.00% | 0.00% | 0.00x | 1.13x | CA$-5.27 Million |
| 2023 | -12.39% | 0.00% | 0.00x | 1.09x | CA$-8.70 Million |
| 2024 | -9.88% | 0.00% | 0.00x | 1.10x | CA$-7.10 Million |
| 2025 | -9.22% | 0.00% | 0.00x | 1.12x | CA$-6.51 Million |
| 2026 | -4.17% | 0.00% | 0.00x | 1.11x | CA$-4.62 Million |
Industry Comparison
This section compares Clean Air Metals Inc's net assets metrics with peer companies in the Other Precious Metals & Mining industry.
Industry Context
- Industry: Other Precious Metals & Mining
- Average net assets among peers: $12,395,869
- Average return on equity (ROE) among peers: -318.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Clean Air Metals Inc (AIR) | CA$32.26 Million | -32.64% | 0.11x | $11.78 Million |
| AbraSilver Resource Corp. (ABRA) | $28.75 Million | -87.29% | 0.38x | $1.47 Billion |
| Archon Minerals Ltd (ACS) | $-2.07 Million | 0.00% | 0.00x | $3.35 Million |
| Arctic Star Exploration Corp (ADD) | $22.35 Million | -21.18% | 0.05x | $1.73 Million |
| Adyton Resources Corp (ADY) | $20.19 Million | -10.94% | 0.03x | $71.75 Million |
| Adamera Minerals Corp. (ADZ) | $744.66K | -744.51% | 0.75x | $7.32 Million |
| Austral Gold Ltd (AGLD) | $14.10 Million | -82.86% | 4.95x | $65.15 Million |
| Alpha Exploration Ltd (ALEX) | $14.77 Million | -5.14% | 0.08x | $31.34 Million |
| American Creek Resources Ltd (AMK) | $11.52 Million | -10.89% | 0.22x | $54.98 Million |
| Azucar Minerals Ltd (AMZ) | $1.22 Million | -1903.68% | 0.04x | $4.54 Million |
About Clean Air Metals Inc
Clean Air Metals Inc., an exploration company, engages in the identification, acquisition, exploration, and development of mineral properties in Canada. The company primarily explores for platinum, palladium, nickel, and copper deposits. It holds a flagship property the Thunder Bay North Critical Minerals Project that comprises of three separate claim blocks which includes the Thunder Bay North P… Read more