Angel Wing Metals Inc
Angel Wing Metals Inc. engages in the exploration and development of precious metals in Canada and Mexico. The company's flagship project is La Reyna gold project covers approximately 110 square kilometers in the southern extension of the prolific Sierra Madre Occidental gold-silver belt in the state of Nayarit, Mexico. It also owns two early-stage gold exploration projects in Northwestern Ontari… Read more
Angel Wing Metals Inc (AWM) - Net Assets
Latest net assets as of September 2025: CA$1.50 Million CAD
Based on the latest financial reports, Angel Wing Metals Inc (AWM) has net assets worth CA$1.50 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$1.76 Million) and total liabilities (CA$261.12K). 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$1.50 Million |
| % of Total Assets | 85.18% |
| Annual Growth Rate | 55.6% |
| 5-Year Change | 123.18% |
| 10-Year Change | N/A |
| Growth Volatility | 292.76 |
Angel Wing Metals Inc - Net Assets Trend (2019–2024)
This chart illustrates how Angel Wing Metals Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Angel Wing Metals Inc (2019–2024)
The table below shows the annual net assets of Angel Wing Metals Inc from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$2.72 Million | -0.94% |
| 2023-12-31 | CA$2.75 Million | -22.97% |
| 2022-12-31 | CA$3.57 Million | -63.80% |
| 2021-12-31 | CA$9.86 Million | +707.91% |
| 2020-12-31 | CA$1.22 Million | +309.06% |
| 2019-12-31 | CA$298.43K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Angel Wing 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 1653566700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$32.53 Million | 1193.98% |
| Total Equity | CA$2.72 Million | 100.00% |
Angel Wing Metals Inc Competitors by Market Cap
The table below lists competitors of Angel Wing Metals Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Horizon Minerals Limited
PINK:HRZMF
|
$2.70 Million |
|
Linkers Industries Limited Class A Ordinary Shares
NASDAQ:LNKS
|
$2.70 Million |
|
DIGITALBOX PLC LS-01
F:RLXB
|
$2.71 Million |
|
Stuhini Exploration Ltd
PINK:STXPF
|
$2.71 Million |
|
Olivut Resources Ltd
PINK:OLVRF
|
$2.70 Million |
|
T.R.V. Rubber Products PCL
BK:TRV
|
$2.70 Million |
|
PT Mitra Pedagang Indonesia Tb
JK:MPIX
|
$2.70 Million |
|
Scandium International Mining Corp
PINK:SCYYF
|
$2.70 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Angel Wing Metals Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,750,352 to 2,724,448, a change of -25,904 (-0.9%).
- Net loss of 2,075,925 reduced equity.
- New share issuances of 1,889,000 increased equity.
- Other factors increased equity by 161,021.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-2.08 Million | -76.2% |
| Share Issuances | CA$1.89 Million | +69.34% |
| Other Changes | CA$161.02K | +5.91% |
| Total Change | CA$- | -0.94% |
Book Value vs Market Value Analysis
This analysis compares Angel Wing 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: 1.58x
- 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 2.67x to 1.58x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | CA$0.01 | CA$0.04 | x |
| 2020-12-31 | CA$0.03 | CA$0.04 | x |
| 2021-12-31 | CA$0.11 | CA$0.04 | x |
| 2022-12-31 | CA$0.06 | CA$0.04 | x |
| 2023-12-31 | CA$0.04 | CA$0.04 | x |
| 2024-12-31 | CA$0.03 | CA$0.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Angel Wing Metals Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -76.20%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.18x
- Recent ROE (-76.20%) is above the historical average (-84.09%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -61.10% | -394.94% | 0.10x | 1.59x | CA$-212.20K |
| 2020 | -14.49% | -297.41% | 0.04x | 1.19x | CA$-298.99K |
| 2021 | -19.57% | -2069.68% | 0.01x | 1.07x | CA$-2.92 Million |
| 2022 | -195.53% | 0.00% | 0.00x | 1.13x | CA$-7.34 Million |
| 2023 | -137.66% | 0.00% | 0.00x | 1.07x | CA$-4.06 Million |
| 2024 | -76.20% | 0.00% | 0.00x | 1.18x | CA$-2.35 Million |
Industry Comparison
This section compares Angel Wing 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: $5,305,479
- Average return on equity (ROE) among peers: -8.53%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Angel Wing Metals Inc (AWM) | CA$1.50 Million | -61.10% | 0.17x | $2.70 Million |
| AC/DC Battery Metals Inc. (ACDC) | $1.48 Million | -20.93% | 0.02x | $487.04 |
| Archon Minerals Ltd (ACS) | $-2.07 Million | 0.00% | 0.00x | $1.79 Million |
| Adamera Minerals Corp. (ADZ) | $8.20 Million | -13.43% | 0.14x | $2.99 Million |
| Argonaut Exploration Inc. (AGA) | $6.54 Million | -40.86% | 0.13x | $74.49 Million |
| Alpha Exploration Ltd (ALEX) | $15.98 Million | -2.45% | 0.05x | $19.42 Million |
| Arizona Gold & Silver Inc. (AZS) | $7.02 Million | -8.43% | 0.01x | $34.92 Million |
| Thunderbird Minerals Corp. (BIRD) | $100.00 | 0.00% | 0.00x | $539.80 |
| Bonanza Mining Corporation (BNZ) | $2.22 Million | -7.98% | 0.07x | $1.35 Million |
| Canadian Critical Minerals Inc. (CCMI) | $8.39 Million | 17.33% | 0.67x | $6.70 Million |