Draxos Capital Corp.
Draxos Capital Corp. does not have significant operations. It intends to identify and evaluate assets or businesses with a view to complete a qualifying transaction. The company was incorporated in 2021 and is headquartered in Toronto, Canada.
Draxos Capital Corp. (DRAX-P) - Net Assets
Latest net assets as of June 2025: CA$88.69K CAD
Based on the latest financial reports, Draxos Capital Corp. (DRAX-P) has net assets worth CA$88.69K CAD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$90.47K) and total liabilities (CA$1.78K). 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$88.69K |
| % of Total Assets | 98.04% |
| Annual Growth Rate | 0.52% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 58.8 |
Draxos Capital Corp. - Net Assets Trend (2021–2024)
This chart illustrates how Draxos Capital Corp.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Draxos Capital Corp. (2021–2024)
The table below shows the annual net assets of Draxos Capital Corp. from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-09-30 | CA$101.59K | -33.98% |
| 2023-09-30 | CA$153.89K | -21.67% |
| 2022-09-30 | CA$196.46K | +96.44% |
| 2021-09-30 | CA$100.01K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Draxos Capital Corp.'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 21714100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$325.22K | 320.13% |
| Total Equity | CA$101.59K | 100.00% |
Draxos Capital Corp. Competitors by Market Cap
The table below lists competitors of Draxos Capital Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ADC
VN:ADC
|
$7.76K |
|
Elys Game Technology Corp
PINK:ELYS
|
$7.76K |
|
Transportation&Trading Services JSC
VN:TJC
|
$7.76K |
|
AMER3F
SA:AMER3F
|
$7.77K |
|
Enerkon Solar International Inc
PINK:NTAC
|
$7.76K |
|
GMAT3F
SA:GMAT3F
|
$7.75K |
|
RENEWABLES INFRASTRUCTURE
F:R7I
|
$7.74K |
|
Sevenet
WAR:SEV
|
$7.74K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Draxos Capital Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 153,890 to 101,591, a change of -52,299 (-34.0%).
- Net loss of 52,299 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-52.30K | -51.48% |
| Total Change | CA$- | -33.98% |
Book Value vs Market Value Analysis
This analysis compares Draxos Capital Corp.'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: 2.23x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-09-30 | CA$0.03 | CA$0.07 | x |
| 2022-09-30 | CA$0.06 | CA$0.07 | x |
| 2023-09-30 | CA$0.05 | CA$0.07 | x |
| 2024-09-30 | CA$0.03 | CA$0.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Draxos Capital Corp. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -51.48%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.23x
- Recent ROE (-51.48%) is below the historical average (-36.97%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -6.49% | 0.00% | 0.00x | 1.10x | CA$-16.49K |
| 2022 | -62.24% | 0.00% | 0.00x | 1.04x | CA$-141.92K |
| 2023 | -27.66% | 0.00% | 0.00x | 1.07x | CA$-57.96K |
| 2024 | -51.48% | 0.00% | 0.00x | 1.23x | CA$-62.46K |
Industry Comparison
This section compares Draxos Capital Corp.'s net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $320,719
- Average return on equity (ROE) among peers: -15.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Draxos Capital Corp. (DRAX-P) | CA$88.69K | -6.49% | 0.02x | $7.76K |
| First Tidal Acquisition Corp. (AAA-P) | $271.64K | -12.76% | 0.07x | $106.95K |
| AAJ Capital 3 Corp. (AAAJ-P) | $176.31K | -28.45% | 0.14x | $50.13K |
| AD4 Capital Corp. (ADJ-P) | $498.36K | 0.00% | 0.06x | $10.44K |
| AF2 Capital Corp (AF-P) | $125.52K | -22.68% | 0.19x | $45.26K |
| AIM5 Ventures Inc (AIME-P) | $236.65K | -15.61% | 0.12x | $151.51K |
| Apolo IV Acquisition Corp (AIV-P) | $1.13 Million | -19.92% | 0.03x | $33.42K |
| A-Labs Capital II Corp (ALAB-P) | $166.02K | -34.30% | 0.10x | $38.61K |
| Albatros Acquisition Corporation Inc. (ALBT-P) | $155.00K | 0.00% | 0.13x | $13.43K |
| Altina Capital Corp (ALTN-P) | $-3.34K | 0.00% | 0.00x | $65.59K |
| AMG Acquisition Corp (AMG-P) | $454.39K | -24.61% | 0.02x | $54.31K |