BQE Water Inc (BQE) - Net Assets
Based on the latest financial reports, BQE Water Inc (BQE) has net assets worth CA$27.14 Million CAD (≈ $19.63 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$33.95 Million ≈ $24.56 Million USD) and total liabilities (CA$6.81 Million ≈ $4.93 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 BQE Water Inc asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$27.14 Million |
| % of Total Assets | 79.94% |
| Annual Growth Rate | 10.14% |
| 5-Year Change | 153.83% |
| 10-Year Change | 240.52% |
| Growth Volatility | 21.89 |
BQE Water Inc - Net Assets Trend (2013–2024)
This chart illustrates how BQE Water Inc's net assets have evolved over time, based on quarterly financial data. Also explore BQE Water Inc asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for BQE Water Inc (2013–2024)
The table below shows the annual net assets of BQE Water Inc from 2013 to 2024. For live valuation and market cap data, see BQE market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$20.53 Million ≈ $14.85 Million |
+38.94% |
| 2023-12-31 | CA$14.78 Million ≈ $10.69 Million |
+16.91% |
| 2022-12-31 | CA$12.64 Million ≈ $9.14 Million |
+11.71% |
| 2021-12-31 | CA$11.31 Million ≈ $8.18 Million |
+39.88% |
| 2020-12-31 | CA$8.09 Million ≈ $5.85 Million |
+26.27% |
| 2019-12-31 | CA$6.41 Million ≈ $4.63 Million |
+0.37% |
| 2018-12-31 | CA$6.38 Million ≈ $4.62 Million |
+45.19% |
| 2017-12-31 | CA$4.40 Million ≈ $3.18 Million |
-7.58% |
| 2016-12-31 | CA$4.76 Million ≈ $3.44 Million |
-21.11% |
| 2015-12-31 | CA$6.03 Million ≈ $4.36 Million |
-12.51% |
| 2014-12-31 | CA$6.89 Million ≈ $4.98 Million |
-2.91% |
| 2013-12-31 | CA$7.10 Million ≈ $5.13 Million |
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Equity Component Analysis
This analysis shows how different components contribute to BQE Water 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 grown by 703937100.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$69.59 Million | 338.98% |
| Total Equity | CA$20.53 Million | 100.00% |
BQE Water Inc Competitors by Market Cap
The table below lists competitors of BQE Water Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
iNtRON Biotechnology Inc
KQ:048530
|
$77.34 Million |
|
Emerita Resources Corp
V:EMO
|
$77.36 Million |
|
Empresas la Polar SA
SN:ABC
|
$77.37 Million |
|
Beyaz Filo Oto Kiralama AS
IS:BEYAZ
|
$77.39 Million |
|
SSF Home Group Berhad
KLSE:0287
|
$77.33 Million |
|
Tanami Gold NL
AU:TAM
|
$77.33 Million |
|
SEAL Incorporated Bhd
KLSE:4286
|
$77.28 Million |
|
Wotso
AU:WOT
|
$77.21 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in BQE Water Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 14,775,817 to 20,528,892, a change of 5,753,075 (38.9%).
- Net income of 4,804,559 contributed positively to equity growth.
- Other factors increased equity by 948,516.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$4.80 Million | +23.4% |
| Other Changes | CA$948.52K | +4.62% |
| Total Change | CA$- | 38.94% |
Book Value vs Market Value Analysis
This analysis compares BQE Water 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: 5.14x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 17.61x to 5.14x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CA$4.68 | CA$82.35 | x |
| 2018-12-31 | CA$5.28 | CA$82.35 | x |
| 2019-12-31 | CA$5.29 | CA$82.35 | x |
| 2020-12-31 | CA$6.64 | CA$82.35 | x |
| 2021-12-31 | CA$9.09 | CA$82.35 | x |
| 2022-12-31 | CA$10.06 | CA$82.35 | x |
| 2023-12-31 | CA$11.76 | CA$82.35 | x |
| 2024-12-31 | CA$16.01 | CA$82.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently BQE Water Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 23.40%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 27.97%
- • Asset Turnover: 0.63x
- • Equity Multiplier: 1.32x
- Recent ROE (23.40%) is above the historical average (-8.42%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -90.57% | -158.07% | 0.49x | 1.17x | CA$-7.14 Million |
| 2014 | -23.94% | -45.55% | 0.44x | 1.19x | CA$-2.34 Million |
| 2015 | -23.76% | -39.27% | 0.49x | 1.24x | CA$-2.04 Million |
| 2016 | -48.89% | -58.70% | 0.53x | 1.57x | CA$-2.80 Million |
| 2017 | -8.21% | -8.90% | 0.59x | 1.56x | CA$-800.58K |
| 2018 | 2.36% | 3.52% | 0.54x | 1.24x | CA$-487.77K |
| 2019 | 3.77% | 4.28% | 0.67x | 1.31x | CA$-399.35K |
| 2020 | 14.43% | 15.16% | 0.74x | 1.29x | CA$358.36K |
| 2021 | 23.24% | 35.01% | 0.54x | 1.22x | CA$1.50 Million |
| 2022 | 9.19% | 9.56% | 0.76x | 1.27x | CA$-102.06K |
| 2023 | 17.96% | 14.63% | 0.96x | 1.28x | CA$1.18 Million |
| 2024 | 23.40% | 27.97% | 0.63x | 1.32x | CA$2.75 Million |
Industry Comparison
This section compares BQE Water Inc's net assets metrics with peer companies in the Waste Management industry.
Industry Context
- Industry: Waste Management
- Average net assets among peers: $370,764,953
- Average return on equity (ROE) among peers: -96.35%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| BQE Water Inc (BQE) | CA$27.14 Million | -90.57% | 0.25x | $77.33 Million |
| Anaergia Inc (ANRG) | $73.59 Million | -248.13% | 2.79x | $368.32 Million |
| BluMetric Environmental Inc (BLM) | $5.24 Million | 50.77% | 1.77x | $37.91 Million |
| Cielo Waste Solutions Corp (CMC) | $-5.96 Million | 0.00% | 0.00x | $11.53 Million |
| Ecolomondo Corp (ECM) | $667.82K | -273.94% | 45.45x | $25.43 Million |
| EverGen Infrastructure Corp (EVGN) | $42.00 Million | -39.83% | 0.85x | $7.22 Million |
| Earthworks Industries Inc (EWK) | $935.33K | -51.30% | 1.18x | $2.85 Million |
| Gfl Environmental Holdings Inc (GFL) | $3.19 Billion | -15.14% | 2.47x | $13.11 Billion |
| Green Impact Partners Inc (GIP) | $25.45 Million | -9.65% | 2.25x | $34.93 Million |
| Northstar Clean Technologies Inc (ROOF) | $2.36 Million | -279.92% | 1.06x | $21.31 Million |
About BQE Water Inc
BQE Water Inc., a water treatment company, provides wastewater management services and treatment solutions to the mining and metallurgical industry in Canada, the United States, Latin America, China, and internationally. It offers water treatment solutions for mine drainage, run-off, waste rock seepage, tailings water, groundwater, and lime plant influent and/or effluent streams for treating meta… Read more