CANEX Metals Inc (CANX) - Net Assets

Latest as of September 2025: CA$7.28 Million CAD

Based on the latest financial reports, CANEX Metals Inc (CANX) has net assets worth CA$7.28 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$7.60 Million) and total liabilities (CA$319.77K). 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$7.28 Million
% of Total Assets 95.79%
Annual Growth Rate 3.41%
5-Year Change 99.63%
10-Year Change 1058.53%
Growth Volatility 268.16

CANEX Metals Inc - Net Assets Trend (1996–2025)

This chart illustrates how CANEX 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 CANEX Metals Inc (1996–2025)

The table below shows the annual net assets of CANEX Metals Inc from 1996 to 2025.

Year Net Assets Change
2025-09-30 CA$7.28 Million +23.92%
2024-09-30 CA$5.87 Million +0.79%
2023-09-30 CA$5.83 Million +3.64%
2022-09-30 CA$5.62 Million +54.22%
2021-09-30 CA$3.65 Million +54.00%
2020-09-30 CA$2.37 Million +125.86%
2019-09-30 CA$1.05 Million +53.59%
2018-09-30 CA$682.35K +8.89%
2017-09-30 CA$626.65K -0.24%
2016-09-30 CA$628.15K +87.71%
2015-09-30 CA$334.64K -10.58%
2014-09-30 CA$374.23K -44.65%
2013-09-30 CA$676.13K -60.55%
2012-09-30 CA$1.71 Million -60.37%
2011-09-30 CA$4.32 Million +21.52%
2010-09-30 CA$3.56 Million +54.49%
2009-09-30 CA$2.30 Million +61.32%
2008-09-30 CA$1.43 Million +46.60%
2007-09-30 CA$973.97K +62.17%
2006-09-30 CA$600.61K -10.89%
2005-09-30 CA$674.00K +1461.06%
2004-09-30 CA$43.18K -98.42%
2003-09-30 CA$2.72 Million -6.34%
2002-09-30 CA$2.91 Million -3.28%
2001-09-30 CA$3.01 Million -6.52%
2000-09-30 CA$3.22 Million -21.86%
1999-09-30 CA$4.12 Million -13.43%
1998-09-30 CA$4.76 Million +38.21%
1997-09-30 CA$3.44 Million +25.15%
1996-09-30 CA$2.75 Million --

Equity Component Analysis

This analysis shows how different components contribute to CANEX 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 1571673100.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (September 2025)

Component Amount Percentage
Other Components CA$25.62 Million 352.10%
Total Equity CA$7.28 Million 100.00%

CANEX Metals Inc Competitors by Market Cap

The table below lists competitors of CANEX Metals Inc ranked by their market capitalization.

Company Market Cap
Victory Contents Co.,Ltd.
KQ:210120
 		$24.45 Million
IQuest Co. Ltd.
KQ:262840
 		$24.46 Million
Jupiter Energy Ltd
AU:JPR
 		$24.47 Million
Bioleaders Corporation
KQ:142760
 		$24.48 Million
Natural Health Trend
NASDAQ:NHTC
 		$24.45 Million
M P J Logistics Public Company Limited
BK:MPJ
 		$24.44 Million
Fine DNC Co. Ltd
KQ:049120
 		$24.43 Million
OneSavings Bank PLC
LSE:OSB
 		$24.42 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in CANEX Metals Inc's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 5,872,548 to 7,277,338, a change of 1,404,790 (23.9%).
  • Net loss of 496,817 reduced equity.
  • New share issuances of 1,737,004 increased equity.
  • Other factors increased equity by 164,603.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income CA$-496.82K -6.83%
Share Issuances CA$1.74 Million +23.87%
Other Changes CA$164.60K +2.26%
Total Change CA$- 23.92%

Book Value vs Market Value Analysis

This analysis compares CANEX 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: 4.64x
  • 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 increased from 0.29x to 4.64x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1996-09-30 CA$0.78 CA$0.23 x
1997-09-30 CA$0.81 CA$0.23 x
1998-09-30 CA$0.95 CA$0.23 x
1999-09-30 CA$0.64 CA$0.23 x
2000-09-30 CA$0.58 CA$0.23 x
2001-09-30 CA$0.54 CA$0.23 x
2002-09-30 CA$0.52 CA$0.23 x
2003-09-30 CA$0.49 CA$0.23 x
2004-09-30 CA$0.01 CA$0.23 x
2005-09-30 CA$0.10 CA$0.23 x
2006-09-30 CA$0.08 CA$0.23 x
2007-09-30 CA$0.11 CA$0.23 x
2008-09-30 CA$0.14 CA$0.23 x
2009-09-30 CA$0.20 CA$0.23 x
2010-09-30 CA$0.26 CA$0.23 x
2011-09-30 CA$0.27 CA$0.23 x
2012-09-30 CA$0.10 CA$0.23 x
2013-09-30 CA$0.04 CA$0.23 x
2014-09-30 CA$0.02 CA$0.23 x
2015-09-30 CA$0.02 CA$0.23 x
2016-09-30 CA$0.03 CA$0.23 x
2017-09-30 CA$0.03 CA$0.23 x
2018-09-30 CA$0.03 CA$0.23 x
2019-09-30 CA$0.04 CA$0.23 x
2020-09-30 CA$0.05 CA$0.23 x
2021-09-30 CA$0.05 CA$0.23 x
2022-09-30 CA$0.07 CA$0.23 x
2023-09-30 CA$0.06 CA$0.23 x
2024-09-30 CA$0.05 CA$0.23 x
2025-09-30 CA$0.05 CA$0.23 x

Capital Efficiency Dashboard

This dashboard shows how efficiently CANEX 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): -6.83%
  • 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: 1.04x
  • Recent ROE (-6.83%) is above the historical average (-232.99%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1996 -47.41% -12192.68% 0.00x 1.10x CA$-1.58 Million
1997 -8.02% -776.98% 0.01x 1.01x CA$-619.94K
1998 -31.72% 0.00% 0.00x 1.01x CA$-1.98 Million
1999 -15.51% 0.00% 0.00x 1.00x CA$-1.05 Million
2000 -27.98% 0.00% 0.00x 1.01x CA$-1.22 Million
2001 -6.97% -602.14% 0.01x 1.00x CA$-510.34K
2002 -3.82% -1541.29% 0.00x 1.00x CA$-402.01K
2003 -10.01% -13392.83% 0.00x 1.00x CA$-545.23K
2004 -6209.55% -220298.77% 0.03x 1.04x CA$-2.69 Million
2005 -14.34% -878.95% 0.02x 1.03x CA$-164.08K
2006 -49.38% 0.00% 0.00x 1.03x CA$-356.66K
2007 -50.21% 0.00% 0.00x 1.07x CA$-586.42K
2008 -24.76% 0.00% 0.00x 1.05x CA$-496.31K
2009 -4.04% 0.00% 0.00x 1.09x CA$-323.35K
2010 -23.36% 0.00% 0.00x 1.08x CA$-1.19 Million
2011 5.57% 0.00% 0.00x 1.03x CA$-191.49K
2012 -145.47% -2026.78% 0.07x 1.06x CA$-2.66 Million
2013 -153.46% 0.00% 0.00x 1.12x CA$-1.11 Million
2014 -82.52% 0.00% 0.00x 1.10x CA$-346.24K
2015 -11.83% 0.00% 0.00x 1.07x CA$-73.05K
2016 14.36% 0.00% 0.00x 1.04x CA$27.36K
2017 -21.65% 0.00% 0.00x 1.09x CA$-198.32K
2018 8.46% 0.00% 0.00x 1.07x CA$-10.50K
2019 -10.82% 0.00% 0.00x 1.06x CA$-218.24K
2020 -8.37% 0.00% 0.00x 1.06x CA$-434.75K
2021 -22.10% 0.00% 0.00x 1.06x CA$-1.17 Million
2022 -13.90% 0.00% 0.00x 1.03x CA$-1.34 Million
2023 -9.19% 0.00% 0.00x 1.02x CA$-1.12 Million
2024 -4.75% 0.00% 0.00x 1.02x CA$-866.40K
2025 -6.83% 0.00% 0.00x 1.04x CA$-1.22 Million

Industry Comparison

This section compares CANEX Metals Inc's net assets metrics with peer companies in the Gold industry.

Industry Context

  • Industry: Gold
  • Average net assets among peers: $25,011,639
  • Average return on equity (ROE) among peers: -23.30%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
CANEX Metals Inc (CANX) CA$7.28 Million -47.41% 0.04x $24.45 Million
Abcourt Mines Inc. (ABI) $27.66 Million -3.28% 0.35x $86.06 Million
Athabasca Minerals Inc (ABM) $13.38 Million -3.65% 0.02x $3.68 Million
American Eagle Gold Corp (AE) $830.83K -165.75% 0.05x $148.82 Million
Aero Energy Limited (AERO) $14.72 Million -5.86% 0.05x $9.68 Million
AIS Resources Ltd (AIS) $518.31K -0.04% 0.11x $1.76 Million
Algo Grande Copper Corp. (ALGR) $-251.88K 0.00% 0.00x $9.71 Million
Alkane Resources Limited (ALK) $191.56 Million 29.08% 0.23x $985.87 Million
Alliance Mining Corp (ALM) $-3.10 Million 0.00% 0.00x $1.58 Million
Altamira Gold Corp (ALTA) $822.20K -78.33% 0.24x $38.60 Million
Argus Metals Corp. (AML) $3.98 Million -5.17% 0.10x $1.59 Million

About CANEX Metals Inc

V:CANX Canada Gold
Market Cap
$24.45 Million
CA$33.80 Million CAD
Market Cap Rank
#27281 Global
#879 in Canada
Share Price
CA$0.23
Change (1 day)
+0.00%
52-Week Range
CA$0.04 - CA$0.32
All Time High
CA$0.33
Categories
Companies in Canada Gold
About

CANEX Metals Inc., explores and develops of mineral properties in Canada and the United States. The company explores for gold, copper, and silver deposits. It holds interests in the Gold Range property that consists of 261 lode mining claims and 2 patented claims covering an area of approximately 1650 hectares located in Mohave County, Arizona; and the Gibson property covering an area of approxim… Read more