Cornish Metals Inc. (CUSN) - Net Assets

Latest as of July 2025: CA$192.27 Million CAD ≈ $139.09 Million USD

Based on the latest financial reports, Cornish Metals Inc. (CUSN) has net assets worth CA$192.27 Million CAD (≈ $139.09 Million USD) as of July 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$208.17 Million ≈ $150.59 Million USD) and total liabilities (CA$15.90 Million ≈ $11.50 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 Cornish Metals Inc. liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets CA$192.27 Million
% of Total Assets 92.36%
Annual Growth Rate 19.5%
5-Year Change 1051.46%
10-Year Change 8192.1%
Growth Volatility 132.56

Cornish Metals Inc. - Net Assets Trend (2000–2025)

This chart illustrates how Cornish Metals Inc.'s net assets have evolved over time, based on quarterly financial data. Also explore CUSN total asset value for the complete picture of this company's asset base.

Annual Net Assets for Cornish Metals Inc. (2000–2025)

The table below shows the annual net assets of Cornish Metals Inc. from 2000 to 2025. For live valuation and market cap data, see how much is Cornish Metals Inc. worth.

Year Net Assets Change
2025-01-31 CA$95.94 Million
≈ $69.40 Million		 +6.49%
2024-01-31 CA$90.09 Million
≈ $65.17 Million		 -0.41%
2023-01-31 CA$90.46 Million
≈ $65.44 Million		 +336.78%
2022-01-31 CA$20.71 Million
≈ $14.98 Million		 +148.57%
2021-01-31 CA$8.33 Million
≈ $6.03 Million		 +18.07%
2020-01-31 CA$7.06 Million
≈ $5.10 Million		 -19.99%
2019-01-31 CA$8.82 Million
≈ $6.38 Million		 +7.10%
2018-01-31 CA$8.24 Million
≈ $5.96 Million		 +17.05%
2017-01-31 CA$7.04 Million
≈ $5.09 Million		 +508.09%
2016-01-31 CA$1.16 Million
≈ $836.96K		 +86.10%
2015-01-31 CA$621.71K
≈ $449.73K		 -14.38%
2014-01-31 CA$726.13K
≈ $525.27K		 -79.89%
2013-01-31 CA$3.61 Million
≈ $2.61 Million		 -75.28%
2012-01-31 CA$14.61 Million
≈ $10.57 Million		 -10.04%
2011-01-31 CA$16.24 Million
≈ $11.75 Million		 +15.22%
2010-01-31 CA$14.09 Million
≈ $10.20 Million		 +3.07%
2009-01-31 CA$13.67 Million
≈ $9.89 Million		 -23.53%
2008-01-31 CA$17.88 Million
≈ $12.94 Million		 +1.27%
2007-01-31 CA$17.66 Million
≈ $12.77 Million		 +106.44%
2006-01-31 CA$8.55 Million
≈ $6.19 Million		 -4.64%
2005-01-31 CA$8.97 Million
≈ $6.49 Million		 -0.30%
2004-01-31 CA$9.00 Million
≈ $6.51 Million		 +297.92%
2003-01-31 CA$2.26 Million
≈ $1.64 Million		 +23.91%
2002-01-31 CA$1.82 Million
≈ $1.32 Million		 +11.26%
2001-01-31 CA$1.64 Million
≈ $1.19 Million		 +47.01%
2000-01-31 CA$1.12 Million
≈ $807.02K		 --

Equity Component Analysis

This analysis shows how different components contribute to Cornish 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 3984223400.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (January 2025)

Component Amount Percentage
Other Components CA$139.40 Million 145.30%
Total Equity CA$95.94 Million 100.00%

Cornish Metals Inc. Competitors by Market Cap

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

Company Market Cap
Chien Shing Harbour Service Co Ltd
TW:8367
 $122.55 Million
JLK Inc
KQ:322510
 $122.56 Million
Greenheart Gold Inc.
V:GHRT
 $122.63 Million
Indomobil Multi Jasa Tbk
JK:IMJS
 $122.69 Million
San Lien Technology
TWO:5493
 $122.50 Million
KULR Technology Group Inc
NYSE MKT:KULR
 $122.43 Million
IL Science Co. Ltd
KQ:307180
 $122.29 Million
Xlife Sciences AG
SW:XLS
 $122.27 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 90,091,995 to 95,939,729, a change of 5,847,734 (6.5%).
  • Net loss of 1,066,120 reduced equity.
  • Other comprehensive income decreased equity by 2,080,836.
  • Other factors increased equity by 8,994,690.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income CA$-1.07 Million -1.11%
Other Comprehensive Income CA$-2.08 Million -2.17%
Other Changes CA$8.99 Million +9.38%
Total Change CA$- 6.49%

Book Value vs Market Value Analysis

This analysis compares Cornish 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: 0.75x
  • 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 increased from 0.11x to 0.75x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2000-01-31 CA$1.27 CA$0.14 x
2001-01-31 CA$0.77 CA$0.14 x
2002-01-31 CA$1.16 CA$0.14 x
2003-01-31 CA$0.83 CA$0.14 x
2004-01-31 CA$3.79 CA$0.14 x
2005-01-31 CA$2.64 CA$0.14 x
2006-01-31 CA$1.97 CA$0.14 x
2007-01-31 CA$3.65 CA$0.14 x
2008-01-31 CA$3.32 CA$0.14 x
2009-01-31 CA$2.18 CA$0.14 x
2010-01-31 CA$2.13 CA$0.14 x
2011-01-31 CA$2.34 CA$0.14 x
2012-01-31 CA$1.78 CA$0.14 x
2013-01-31 CA$0.40 CA$0.14 x
2014-01-31 CA$0.08 CA$0.14 x
2015-01-31 CA$0.07 CA$0.14 x
2016-01-31 CA$0.07 CA$0.14 x
2017-01-31 CA$0.18 CA$0.14 x
2018-01-31 CA$0.12 CA$0.14 x
2019-01-31 CA$0.10 CA$0.14 x
2020-01-31 CA$0.08 CA$0.14 x
2021-01-31 CA$0.06 CA$0.14 x
2022-01-31 CA$0.08 CA$0.14 x
2023-01-31 CA$0.20 CA$0.14 x
2024-01-31 CA$0.17 CA$0.14 x
2025-01-31 CA$0.18 CA$0.14 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Cornish 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): -1.11%
  • 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: 1.29x
  • Recent ROE (-1.11%) is above the historical average (-49.14%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2000 -10.78% -2772.79% 0.00x 1.28x CA$-231.79K
2001 -64.65% -16829.79% 0.00x 1.09x CA$-1.22 Million
2002 -8.43% 0.00% 0.00x 1.07x CA$-336.32K
2003 -43.24% 0.00% 0.00x 1.03x CA$-1.20 Million
2004 -6.02% 0.00% 0.00x 1.03x CA$-1.44 Million
2005 -87.92% 0.00% 0.00x 1.02x CA$-8.78 Million
2006 -36.51% 0.00% 0.00x 1.02x CA$-3.98 Million
2007 41.66% 0.00% 0.00x 1.02x CA$5.59 Million
2008 -3.47% 0.00% 0.00x 1.01x CA$-2.41 Million
2009 -54.66% 0.00% 0.00x 1.01x CA$-8.84 Million
2010 3.25% 0.00% 0.00x 1.01x CA$-951.09K
2011 -7.66% 0.00% 0.00x 1.01x CA$-2.87 Million
2012 -12.76% 0.00% 0.00x 1.01x CA$-3.32 Million
2013 -329.23% 0.00% 0.00x 1.04x CA$-12.25 Million
2014 -404.15% 0.00% 0.00x 1.18x CA$-3.01 Million
2015 -7.64% 0.00% 0.00x 1.15x CA$-109.66K
2016 -94.86% 0.00% 0.00x 1.19x CA$-1.21 Million
2017 -16.64% 0.00% 0.00x 1.20x CA$-1.87 Million
2018 -27.12% 0.00% 0.00x 2.06x CA$-3.06 Million
2019 3.70% 0.00% 0.00x 2.04x CA$-555.98K
2020 -67.76% 0.00% 0.00x 2.25x CA$-5.49 Million
2021 -22.81% 0.00% 0.00x 2.18x CA$-2.73 Million
2022 -14.15% 0.00% 0.00x 1.74x CA$-5.00 Million
2023 -1.35% 0.00% 0.00x 1.13x CA$-10.26 Million
2024 -3.29% 0.00% 0.00x 1.16x CA$-11.97 Million
2025 -1.11% 0.00% 0.00x 1.29x CA$-10.66 Million

Industry Comparison

This section compares Cornish Metals 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: $14,613,271
  • Average return on equity (ROE) among peers: -28.30%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Cornish Metals Inc. (CUSN) CA$192.27 Million -10.78% 0.08x $122.51 Million
Aftermath Silver Ltd (AAG) $1.38 Million -190.49% 0.19x $185.75 Million
Aton Resources Inc (AAN) $-9.49 Million 0.00% 0.00x $49.79 Million
Arbor Metals Corp (ABR) $3.78 Million -10.88% 0.34x $10.75 Million
Asiabasemetals Inc (ABZ) $-637.51K 0.00% 0.00x $4.67 Million
Adex Mining Inc (ADE) $-2.16 Million 0.00% 0.00x $27.09 Million
Alphamin Res (AFM) $71.72 Million -9.02% 0.02x $1.30 Billion
Silver X Mining Corp (AGX) $38.37 Million -47.47% 0.73x $148.73 Million
Amarc Resources Ltd. (AHR) $14.00 Million 5.93% 0.01x $148.33 Million
Almonty Industries Inc (AII) $29.17 Million -31.05% 4.18x $4.73 Billion
Aldebaran Resources Inc (ALDE) $1.00 0.00% 0.00x $332.39 Million

About Cornish Metals Inc.

V:CUSN Canada Other Industrial Metals & Mining
Market Cap
$122.51 Million
CA$169.36 Million CAD
Market Cap Rank
#18419 Global
#611 in Canada
Share Price
CA$0.14
Change (1 day)
+0.00%
52-Week Range
CA$0.13 - CA$0.17
All Time High
CA$0.58
Categories
Companies in Canada Other Industrial Metals & Mining
About

As of December 16, 2025, Cornish Metals Inc. (TSXV : CUSN) (3182453) operates as a subsidiary of Cornish Metals Plc. Cornish Metals Inc. engages in the acquisition, evaluation, exploration, and development of mineral properties in the United Kingdom. The company primarily explores for tin, tungsten, zinc, silver, nickel, lithium, and copper deposits. Its flagship projects are the South Crofty pro… Read more