Brunswick Exploration Inc (BRW) - Net Assets
Based on the latest financial reports, Brunswick Exploration Inc (BRW) has net assets worth CA$24.29 Million CAD (≈ $17.57 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$25.10 Million ≈ $18.16 Million USD) and total liabilities (CA$808.36K ≈ $584.76K 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 Brunswick Exploration Inc (BRW) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$24.29 Million |
| % of Total Assets | 96.78% |
| Annual Growth Rate | 12.69% |
| 5-Year Change | 403.45% |
| 10-Year Change | 288.73% |
| Growth Volatility | 126.05 |
Brunswick Exploration Inc - Net Assets Trend (2007–2025)
This chart illustrates how Brunswick Exploration Inc's net assets have evolved over time, based on quarterly financial data. See BRW cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Brunswick Exploration Inc (2007–2025)
The table below shows the annual net assets of Brunswick Exploration Inc from 2007 to 2025. For live valuation and market cap data, see Brunswick Exploration Inc (BRW) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CA$24.29 Million ≈ $17.57 Million |
+25.70% |
| 2024-12-31 | CA$19.32 Million ≈ $13.98 Million |
-13.13% |
| 2023-12-31 | CA$22.24 Million ≈ $16.09 Million |
+121.39% |
| 2022-12-31 | CA$10.05 Million ≈ $7.27 Million |
+108.24% |
| 2021-12-31 | CA$4.82 Million ≈ $3.49 Million |
+1.09% |
| 2020-12-31 | CA$4.77 Million ≈ $3.45 Million |
+202.88% |
| 2019-12-31 | CA$-4.64 Million ≈ $-3.36 Million |
-475.50% |
| 2018-12-31 | CA$-806.02K ≈ $-583.06K |
-116.31% |
| 2017-12-31 | CA$4.94 Million ≈ $3.57 Million |
-20.91% |
| 2016-12-31 | CA$6.25 Million ≈ $4.52 Million |
+389.07% |
| 2015-12-31 | CA$1.28 Million ≈ $924.21K |
-15.11% |
| 2014-12-31 | CA$1.50 Million ≈ $1.09 Million |
+279.87% |
| 2013-12-31 | CA$396.18K ≈ $286.59K |
-32.82% |
| 2012-12-31 | CA$589.77K ≈ $426.63K |
-49.08% |
| 2011-12-31 | CA$1.16 Million ≈ $837.80K |
-52.20% |
| 2010-12-31 | CA$2.42 Million ≈ $1.75 Million |
-13.40% |
| 2009-12-31 | CA$2.80 Million ≈ $2.02 Million |
-2.28% |
| 2008-12-31 | CA$2.86 Million ≈ $2.07 Million |
+1.31% |
| 2007-12-31 | CA$2.83 Million ≈ $2.04 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Brunswick Exploration 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 38421.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$69.31 Million | 285.36% |
| Total Equity | CA$24.29 Million | 100.00% |
Brunswick Exploration Inc Competitors by Market Cap
The table below lists competitors of Brunswick Exploration Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Atossa Genetics Inc
NASDAQ:ATOS
|
$35.74 Million |
|
BIONXT SOLUTIONS INC.
F:BXT
|
$35.74 Million |
|
Sunnic Technology & Merchandise
TWO:3360
|
$35.75 Million |
|
Shengfeng Development Limited Class A Ordinary Shares
NASDAQ:SFWL
|
$35.80 Million |
|
New Advanced Electronics Technologies Co Ltd
TWO:3465
|
$35.73 Million |
|
Seresco S.A.
MC:SCO
|
$35.73 Million |
|
Findi Ltd
AU:FND
|
$35.72 Million |
|
NUREXONE BIOLOGIC INC.
F:J90
|
$35.72 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Brunswick Exploration Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 19,323,604 to 24,289,447, a change of 4,965,843 (25.7%).
- Net loss of 1,363,595 reduced equity.
- New share issuances of 5,621,541 increased equity.
- Other factors increased equity by 707,897.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-1.36 Million | -5.61% |
| Share Issuances | CA$5.62 Million | +23.14% |
| Other Changes | CA$707.90K | +2.91% |
| Total Change | CA$- | 25.70% |
Book Value vs Market Value Analysis
This analysis compares Brunswick Exploration 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: 1.87x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.42x to 1.87x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | CA$0.12 | CA$0.18 | x |
| 2008-12-31 | CA$0.10 | CA$0.18 | x |
| 2009-12-31 | CA$0.10 | CA$0.18 | x |
| 2010-12-31 | CA$0.09 | CA$0.18 | x |
| 2011-12-31 | CA$0.04 | CA$0.18 | x |
| 2012-12-31 | CA$0.02 | CA$0.18 | x |
| 2013-12-31 | CA$0.01 | CA$0.18 | x |
| 2014-12-31 | CA$0.04 | CA$0.18 | x |
| 2015-12-31 | CA$0.03 | CA$0.18 | x |
| 2016-12-31 | CA$0.11 | CA$0.18 | x |
| 2017-12-31 | CA$0.07 | CA$0.18 | x |
| 2018-12-31 | CA$-0.01 | CA$0.18 | x |
| 2019-12-31 | CA$-0.06 | CA$0.18 | x |
| 2020-12-31 | CA$0.05 | CA$0.18 | x |
| 2021-12-31 | CA$0.04 | CA$0.18 | x |
| 2022-12-31 | CA$0.07 | CA$0.18 | x |
| 2023-12-31 | CA$0.12 | CA$0.18 | x |
| 2024-12-31 | CA$0.09 | CA$0.18 | x |
| 2025-12-31 | CA$0.09 | CA$0.18 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Brunswick Exploration Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -5.61%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.03x
- Recent ROE (-5.61%) is above the historical average (-39.92%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 3.04% | 1.25% | 1.18x | 2.05x | CA$-196.74K |
| 2008 | 0.20% | 0.08% | 1.49x | 1.74x | CA$-280.58K |
| 2009 | -2.33% | -1.10% | 1.37x | 1.55x | CA$-344.98K |
| 2010 | -15.47% | -7.37% | 1.26x | 1.67x | CA$-617.25K |
| 2011 | -109.21% | -44.73% | 1.50x | 1.63x | CA$-1.38 Million |
| 2012 | -96.38% | -58.98% | 1.49x | 1.10x | CA$-627.37K |
| 2013 | -48.86% | 0.00% | 0.00x | 1.25x | CA$-233.20K |
| 2014 | -130.89% | 0.00% | 0.00x | 1.20x | CA$-2.12 Million |
| 2015 | -176.37% | -2934.47% | 0.01x | 5.27x | CA$-2.38 Million |
| 2016 | -24.41% | 0.00% | 0.00x | 1.80x | CA$-2.15 Million |
| 2017 | -33.82% | 0.00% | 0.00x | 2.17x | CA$-2.17 Million |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-8.41 Million |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-3.37 Million |
| 2020 | 4.63% | 0.00% | 0.00x | 2.29x | CA$-256.52K |
| 2021 | -1.33% | 0.00% | 0.00x | 1.30x | CA$-546.65K |
| 2022 | -55.25% | 0.00% | 0.00x | 1.15x | CA$-6.56 Million |
| 2023 | -23.38% | 0.00% | 0.00x | 1.06x | CA$-7.43 Million |
| 2024 | -43.11% | 0.00% | 0.00x | 1.14x | CA$-10.26 Million |
| 2025 | -5.61% | 0.00% | 0.00x | 1.03x | CA$-3.79 Million |
Industry Comparison
This section compares Brunswick Exploration Inc's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $26,192,690
- Average return on equity (ROE) among peers: -63.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Brunswick Exploration Inc (BRW) | CA$24.29 Million | 3.04% | 0.03x | $35.74 Million |
| Aftermath Silver Ltd (AAG) | $26.16 Million | -23.42% | 0.41x | $192.76 Million |
| Aton Resources Inc (AAN) | $-2.31 Million | 0.00% | 0.00x | $40.57 Million |
| Arbor Metals Corp (ABR) | $10.98 Million | -14.09% | 0.06x | $9.21 Million |
| Asiabasemetals Inc (ABZ) | $262.22K | -168.47% | 0.12x | $2.91 Million |
| Adex Mining Inc (ADE) | $-81.43K | 0.00% | 0.00x | $67.72 Million |
| Alphamin Res (AFM) | $663.99K | -85.41% | 0.22x | $1.30 Billion |
| Silver X Mining Corp (AGX) | $18.71 Million | -66.45% | 1.77x | $143.14 Million |
| Amarc Resources Ltd. (AHR) | $763.11K | -243.05% | 0.34x | $164.63 Million |
| Almonty Industries Inc (AII) | $39.75 Million | -36.45% | 3.85x | $4.73 Billion |
| Aldebaran Resources Inc (ALDE) | $167.02 Million | -0.80% | 0.03x | $430.78 Million |
About Brunswick Exploration Inc
Brunswick Exploration Inc., a junior exploration and evaluation company, engages in the acquisition and exploration of mineral properties in Canada. The company primarily explores for lithium deposit. Its flagship property is Mirage Project, which consists of 278 claims covering a total surface area of 13,839 hectares located in the south of the Trans-Taiga Highway in Quebec's James Bay region. T… Read more