CYGAM Energy Inc.
Cygnus Metals Limited engages in the exploration of mineral properties in Canada and Western Australia. The company explores for lithium, gold, nickel, and copper deposits, as well as rare earth elements and platinum group elements. Its flagship projects include the Corner Bay and Devlin projects located on south of Chibougamau, Québec. The company was formerly known as Cygnus Gold Limited and ch… Read more
CYGAM Energy Inc. (CYG) - Net Assets
Latest net assets as of December 2024: CA$71.47 Million CAD
Based on the latest financial reports, CYGAM Energy Inc. (CYG) has net assets worth CA$71.47 Million CAD as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$78.88 Million) and total liabilities (CA$7.41 Million). 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$71.47 Million |
| % of Total Assets | 90.61% |
| Annual Growth Rate | 184.23% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 170.68 |
CYGAM Energy Inc. - Net Assets Trend (2021–2024)
This chart illustrates how CYGAM Energy 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 CYGAM Energy Inc. (2021–2024)
The table below shows the annual net assets of CYGAM Energy Inc. from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$71.47 Million | +163.46% |
| 2023-12-31 | CA$27.13 Million | +55.88% |
| 2022-12-31 | CA$17.40 Million | +459.55% |
| 2021-12-31 | CA$3.11 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to CYGAM Energy 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 1955915100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$103.17 Million | 144.37% |
| Total Equity | CA$71.47 Million | 100.00% |
CYGAM Energy Inc. Competitors by Market Cap
The table below lists competitors of CYGAM Energy Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ensurge Micropower ASA
OTCQB:ENMPF
|
$76.97 Million |
|
Hindware Home Innovation Limited
NSE:HINDWAREAP
|
$76.98 Million |
|
mPLUS Corp
KQ:259630
|
$77.11 Million |
|
ÖKOWORLD AG
XETRA:VVV3
|
$77.11 Million |
|
Whanin Pharm
KO:016580
|
$76.94 Million |
|
Malayan Flour Mills Bhd
KLSE:3662
|
$76.90 Million |
|
Nordic Mining ASA
OL:NOM
|
$76.90 Million |
|
Synchronoss Technologies Inc
NASDAQ:SNCR
|
$76.89 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CYGAM Energy Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 26,977,396 to 71,467,357, a change of 44,489,961 (164.9%).
- Net loss of 3,772,569 reduced equity.
- Share repurchases of 673,776 reduced equity.
- New share issuances of 13,996,000 increased equity.
- Other factors increased equity by 34,940,306.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-3.77 Million | -5.28% |
| Share Repurchases | CA$673.78K | -0.94% |
| Share Issuances | CA$14.00 Million | +19.58% |
| Other Changes | CA$34.94 Million | +48.89% |
| Total Change | CA$- | 164.92% |
Book Value vs Market Value Analysis
This analysis compares CYGAM Energy 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: 1.66x
- 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 5.28x to 1.66x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | CA$0.03 | CA$0.14 | x |
| 2022-12-31 | CA$0.09 | CA$0.14 | x |
| 2023-12-31 | CA$0.09 | CA$0.14 | x |
| 2024-12-31 | CA$0.08 | CA$0.14 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CYGAM Energy Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -5.28%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.10x
- Recent ROE (-5.28%) is above the historical average (-33.89%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -66.92% | -8363.87% | 0.01x | 1.13x | CA$-2.39 Million |
| 2022 | -13.33% | -2508.65% | 0.00x | 1.23x | CA$-4.06 Million |
| 2023 | -50.04% | -155175.82% | 0.00x | 1.31x | CA$-16.20 Million |
| 2024 | -5.28% | 0.00% | 0.00x | 1.10x | CA$-10.92 Million |
Industry Comparison
This section compares CYGAM Energy 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: $30,833,953
- Average return on equity (ROE) among peers: -67.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CYGAM Energy Inc. (CYG) | CA$71.47 Million | -66.92% | 0.10x | $76.97 Million |
| Asbestos Corporation Limited (AB-H) | $-20.02 Million | 0.00% | 0.00x | $467.16K |
| Asiabasemetals Inc (ABZ) | $-394.71K | 0.00% | 0.00x | $1.49 Million |
| Alphamin Res (AFM) | $310.73 Million | 15.51% | 0.36x | $456.79 Million |
| African Metals Corporation (AFR) | $942.26K | -69.83% | 0.14x | $409.36K |
| Bullet Exploration Inc (AMMO) | $2.16 Million | -41.07% | 24.74x | $3.15 Million |
| AM Resources Corp (AMR) | $596.66K | -503.92% | 1.17x | $2.45 Million |
| Andina Copper Corporation (ANDC) | $6.58 Million | -35.34% | 0.01x | $101.97 Million |
| Auriginal Mining Corp. (AUME) | $8.45 Million | -20.72% | 0.21x | $6.12 Million |
| Aurora Royalties Inc (AUR-H) | $350.13K | -16.93% | 0.05x | $266.34K |
| Balto Resources Ltd (BAL-H) | $-1.07 Million | 0.00% | 0.00x | $375.18K |