East Africa Metals Inc. (EAM) - Net Assets
Based on the latest financial reports, East Africa Metals Inc. (EAM) has net assets worth CA$1.89 Million CAD (≈ $1.36 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$6.38 Million ≈ $4.62 Million USD) and total liabilities (CA$4.50 Million ≈ $3.25 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 EAM strategic asset allocation to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$1.89 Million |
| % of Total Assets | 29.56% |
| Annual Growth Rate | -24.88% |
| 5-Year Change | -90.57% |
| 10-Year Change | -92.11% |
| Growth Volatility | 26.85 |
East Africa Metals Inc. - Net Assets Trend (2012–2026)
This chart illustrates how East Africa Metals Inc.'s net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see EAM market cap.
Annual Net Assets for East Africa Metals Inc. (2012–2026)
The table below shows the annual net assets of East Africa Metals Inc. from 2012 to 2026. Also explore how fast is East Africa Metals Inc. growing its equity to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | CA$1.89 Million ≈ $1.36 Million |
-88.83% |
| 2025-03-31 | CA$16.89 Million ≈ $12.22 Million |
+3.39% |
| 2024-03-31 | CA$16.34 Million ≈ $11.82 Million |
-10.97% |
| 2023-03-31 | CA$18.36 Million ≈ $13.28 Million |
-8.27% |
| 2022-03-31 | CA$20.01 Million ≈ $14.47 Million |
+5.72% |
| 2021-03-31 | CA$18.93 Million ≈ $13.69 Million |
-10.72% |
| 2020-03-31 | CA$21.20 Million ≈ $15.33 Million |
+2.35% |
| 2019-03-31 | CA$20.71 Million ≈ $14.98 Million |
-8.72% |
| 2018-03-31 | CA$22.69 Million ≈ $16.41 Million |
-5.06% |
| 2017-03-31 | CA$23.90 Million ≈ $17.29 Million |
-13.29% |
| 2016-03-31 | CA$27.56 Million ≈ $19.94 Million |
-14.13% |
| 2015-03-31 | CA$32.10 Million ≈ $23.22 Million |
+3.52% |
| 2014-03-31 | CA$31.00 Million ≈ $22.43 Million |
-4.07% |
| 2013-03-31 | CA$32.32 Million ≈ $23.38 Million |
-68.80% |
| 2012-03-31 | CA$103.58 Million ≈ $74.93 Million |
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Equity Component Analysis
This analysis shows how different components contribute to East Africa 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 8614711600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$223.73 Million | 5753.56% |
| Total Equity | CA$3.89 Million | 100.00% |
East Africa Metals Inc. Competitors by Market Cap
The table below lists competitors of East Africa Metals Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SPAR Group Inc
NASDAQ:SGRP
|
$15.57 Million |
|
Japan Gold Corp
V:JG
|
$15.57 Million |
|
SPECO Ltd
KQ:013810
|
$15.57 Million |
|
Grand Central Enterprises Bhd
KLSE:5592
|
$15.58 Million |
|
Youngsin Metal Industrial Co. Ltd
KQ:007530
|
$15.57 Million |
|
Pharma Equity Group A/S Cl A
CO:PEG
|
$15.56 Million |
|
COCRYSTAL PHARMA NEW O.N.
F:8CC
|
$15.55 Million |
|
PeterLabs Holdings Bhd
KLSE:0171
|
$15.55 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in East Africa Metals Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 13,097,125 to 3,888,522, a change of -9,208,603 (-70.3%).
- Net loss of 15,719,889 reduced equity.
- New share issuances of 5,522,000 increased equity.
- Other factors increased equity by 989,286.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-15.72 Million | -404.26% |
| Share Issuances | CA$5.52 Million | +142.01% |
| Other Changes | CA$989.29K | +25.44% |
| Total Change | CA$- | -70.31% |
Book Value vs Market Value Analysis
This analysis compares East Africa 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: 5.53x
- 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 0.05x to 5.53x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-03-31 | CA$1.54 | CA$0.08 | x |
| 2013-03-31 | CA$0.48 | CA$0.08 | x |
| 2015-03-31 | CA$0.31 | CA$0.08 | x |
| 2016-03-31 | CA$0.22 | CA$0.08 | x |
| 2017-03-31 | CA$0.18 | CA$0.08 | x |
| 2018-03-31 | CA$0.13 | CA$0.08 | x |
| 2019-03-31 | CA$0.10 | CA$0.08 | x |
| 2020-03-31 | CA$0.10 | CA$0.08 | x |
| 2021-03-31 | CA$0.09 | CA$0.08 | x |
| 2022-03-31 | CA$0.08 | CA$0.08 | x |
| 2023-03-31 | CA$0.07 | CA$0.08 | x |
| 2024-03-31 | CA$0.06 | CA$0.08 | x |
| 2025-03-31 | CA$0.06 | CA$0.08 | x |
| 2026-03-31 | CA$0.01 | CA$0.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently East Africa Metals Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -404.26%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.64x
- Recent ROE (-404.26%) is below the historical average (-52.64%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | -30.82% | 0.00% | 0.00x | 1.01x | CA$-42.28 Million |
| 2013 | -40.75% | 0.00% | 0.00x | 1.03x | CA$-16.40 Million |
| 2014 | -26.48% | 0.00% | 0.00x | 1.03x | CA$-11.31 Million |
| 2015 | -37.67% | 0.00% | 0.00x | 1.20x | CA$-13.21 Million |
| 2016 | -35.04% | 0.00% | 0.00x | 1.25x | CA$-10.35 Million |
| 2017 | -26.22% | 0.00% | 0.00x | 1.26x | CA$-7.14 Million |
| 2018 | -47.73% | 0.00% | 0.00x | 1.28x | CA$-11.04 Million |
| 2019 | -38.05% | 0.00% | 0.00x | 1.38x | CA$-8.10 Million |
| 2020 | -8.79% | 0.00% | 0.00x | 1.34x | CA$-3.32 Million |
| 2021 | -17.18% | 0.00% | 0.00x | 1.49x | CA$-4.22 Million |
| 2022 | -18.83% | 0.00% | 0.00x | 1.49x | CA$-4.80 Million |
| 2023 | -15.92% | 0.00% | 0.00x | 1.59x | CA$-3.83 Million |
| 2024 | -24.26% | 0.00% | 0.00x | 1.77x | CA$-4.39 Million |
| 2025 | -17.58% | 0.00% | 0.00x | 1.83x | CA$-3.61 Million |
| 2026 | -404.26% | 0.00% | 0.00x | 1.64x | CA$-16.11 Million |
Industry Comparison
This section compares East Africa 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: $45,174,462
- Average return on equity (ROE) among peers: -11.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| East Africa Metals Inc. (EAM) | CA$1.89 Million | -30.82% | 2.38x | $15.57 Million |
| Aftermath Silver Ltd (AAG) | $-1.02 Million | 0.00% | 0.00x | $168.05 Million |
| Aton Resources Inc (AAN) | $-5.02 Million | 0.00% | 0.00x | $48.87 Million |
| Arbor Metals Corp (ABR) | $10.98 Million | -14.09% | 0.06x | $5.80 Million |
| Asiabasemetals Inc (ABZ) | $-30.55K | 0.00% | 0.00x | $3.27 Million |
| Adex Mining Inc (ADE) | $15.29 Million | -9.66% | 0.03x | $46.54 Million |
| Alphamin Res (AFM) | $197.93 Million | -3.97% | 0.50x | $1.32 Billion |
| Silver X Mining Corp (AGX) | $18.71 Million | -66.45% | 1.77x | $148.73 Million |
| Amarc Resources Ltd. (AHR) | $-628.42K | 0.00% | 0.00x | $158.28 Million |
| Almonty Industries Inc (AII) | $48.51 Million | -18.22% | 3.85x | $3.18 Billion |
| Aldebaran Resources Inc (ALDE) | $167.02 Million | -0.80% | 0.03x | $397.54 Million |
About East Africa Metals Inc.
East Africa Metals Inc., a mineral exploration company, focuses on the identification, acquisition, exploration, development, and sale of base and precious mineral resource properties in the Federal Democratic Republic of Ethiopia and the United Republic of Tanzania. It explores for gold, copper, silver, and zinc deposits. The company holds 70% major mineral property interest in the Harvest prope… Read more