EDM Resources Inc (EDM) - Net Assets
Based on the latest financial reports, EDM Resources Inc (EDM) has net assets worth CA$10.67 Million CAD (≈ $7.72 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$26.94 Million ≈ $19.49 Million USD) and total liabilities (CA$16.27 Million ≈ $11.77 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. Read EDM Resources Inc (EDM) financial obligations for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$10.67 Million |
| % of Total Assets | 39.62% |
| Annual Growth Rate | -4.86% |
| 5-Year Change | 15.99% |
| 10-Year Change | N/A |
| Growth Volatility | 16.96 |
EDM Resources Inc - Net Assets Trend (2018–2024)
This chart illustrates how EDM Resources Inc's net assets have evolved over time, based on quarterly financial data. Also explore EDM total assets for the complete picture of this company's asset base.
Annual Net Assets for EDM Resources Inc (2018–2024)
The table below shows the annual net assets of EDM Resources Inc from 2018 to 2024. For live valuation and market cap data, see market value of EDM Resources Inc.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$11.36 Million ≈ $8.22 Million |
+11.05% |
| 2023-12-31 | CA$10.23 Million ≈ $7.40 Million |
+0.36% |
| 2022-12-31 | CA$10.19 Million ≈ $7.37 Million |
-5.90% |
| 2021-12-31 | CA$10.83 Million ≈ $7.84 Million |
+10.60% |
| 2020-12-31 | CA$9.79 Million ≈ $7.09 Million |
-38.66% |
| 2019-12-31 | CA$15.97 Million ≈ $11.55 Million |
+4.22% |
| 2018-12-31 | CA$15.32 Million ≈ $11.08 Million |
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Equity Component Analysis
This analysis shows how different components contribute to EDM Resources 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 1650547400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$94.78 Million | 834.32% |
| Total Equity | CA$11.36 Million | 100.00% |
EDM Resources Inc Competitors by Market Cap
The table below lists competitors of EDM Resources Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TRU PRECIOUS METALS CORP.
F:706
|
$4.81 Million |
|
Salarius Pharmaceuticals Inc
NASDAQ:SLRX
|
$4.81 Million |
|
Lottery.com Inc.
NASDAQ:SEGG
|
$4.81 Million |
|
Sonetel AB
ST:SONE
|
$4.81 Million |
|
Amesite Operating Co
NASDAQ:AMST
|
$4.80 Million |
|
Harvest Gold Corp
V:HVG
|
$4.80 Million |
|
Neolife SA
PA:ALNLF
|
$4.80 Million |
|
IMMO BLOCKCHAIN EO 1
F:QT5
|
$4.80 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in EDM Resources Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 10,230,045 to 11,360,156, a change of 1,130,111 (11.0%).
- Net loss of 1,920,078 reduced equity.
- New share issuances of 3,024,046 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-1.92 Million | -16.9% |
| Share Issuances | CA$3.02 Million | +26.62% |
| Other Changes | CA$26.14K | +0.23% |
| Total Change | CA$- | 11.05% |
Book Value vs Market Value Analysis
This analysis compares EDM Resources 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: 2.00x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.15x to 2.00x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | CA$2.91 | CA$0.44 | x |
| 2019-12-31 | CA$1.58 | CA$0.44 | x |
| 2020-12-31 | CA$0.70 | CA$0.44 | x |
| 2021-12-31 | CA$0.60 | CA$0.44 | x |
| 2022-12-31 | CA$0.51 | CA$0.44 | x |
| 2023-12-31 | CA$0.43 | CA$0.44 | x |
| 2024-12-31 | CA$0.22 | CA$0.44 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently EDM Resources Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -16.90%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 2.37x
- Recent ROE (-16.90%) is above the historical average (-23.92%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -10.60% | 0.00% | 0.00x | 1.22x | CA$-3.16 Million |
| 2019 | -9.35% | 0.00% | 0.00x | 1.19x | CA$-3.09 Million |
| 2020 | -76.20% | 0.00% | 0.00x | 1.31x | CA$-8.44 Million |
| 2021 | -12.48% | 0.00% | 0.00x | 1.82x | CA$-2.44 Million |
| 2022 | -18.90% | 0.00% | 0.00x | 2.33x | CA$-2.95 Million |
| 2023 | -22.98% | 0.00% | 0.00x | 2.44x | CA$-3.37 Million |
| 2024 | -16.90% | 0.00% | 0.00x | 2.37x | CA$-3.06 Million |
Industry Comparison
This section compares EDM Resources 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: $49,314,810
- Average return on equity (ROE) among peers: -11.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| EDM Resources Inc (EDM) | CA$10.67 Million | -10.60% | 1.52x | $4.81 Million |
| Aftermath Silver Ltd (AAG) | $-553.41K | 0.00% | 0.00x | $185.75 Million |
| Aton Resources Inc (AAN) | $-1.13 Million | 0.00% | 0.00x | $49.79 Million |
| Arbor Metals Corp (ABR) | $1.00 Million | -16.27% | 0.02x | $10.75 Million |
| Asiabasemetals Inc (ABZ) | $717.72K | -45.73% | 0.05x | $4.67 Million |
| Adex Mining Inc (ADE) | $-30.95 Million | 0.00% | 0.00x | $27.09 Million |
| Alphamin Res (AFM) | $367.40 Million | 27.47% | 0.33x | $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) | $39.75 Million | -36.45% | 3.85x | $4.73 Billion |
| Aldebaran Resources Inc (ALDE) | $64.54 Million | -3.09% | 0.01x | $332.39 Million |
About EDM Resources Inc
EDM Resources Inc. engages in the exploration and evaluation of mineral properties. The company explores for zinc, lead, and gypsum deposits. It owns 100% interest in the Scotia Mine and various other mineral resource prospects in Nova Scotia, Canada. The company was formerly known as ScoZinc Mining Ltd. and changed its name to EDM Resources Inc. in January 2022. EDM Resources Inc. was incorporat… Read more