Elemental Royalties Corp (ELE) - Net Assets
Based on the latest financial reports, Elemental Royalties Corp (ELE) has net assets worth CA$205.53 Million CAD (≈ $148.68 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$209.57 Million ≈ $151.60 Million USD) and total liabilities (CA$4.04 Million ≈ $2.92 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 ELE liabilities breakdown for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$205.53 Million |
| % of Total Assets | 98.07% |
| Annual Growth Rate | 98.44% |
| 5-Year Change | 629.79% |
| 10-Year Change | N/A |
| Growth Volatility | 116.96 |
Elemental Royalties Corp - Net Assets Trend (2019–2024)
This chart illustrates how Elemental Royalties Corp's net assets have evolved over time, based on quarterly financial data. Also explore Elemental Royalties Corp (ELE) total assets for the complete picture of this company's asset base.
Annual Net Assets for Elemental Royalties Corp (2019–2024)
The table below shows the annual net assets of Elemental Royalties Corp from 2019 to 2024. For live valuation and market cap data, see Elemental Royalties Corp market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$196.38 Million ≈ $142.06 Million |
+26.54% |
| 2023-12-31 | CA$155.20 Million ≈ $112.27 Million |
+5.99% |
| 2022-12-31 | CA$146.43 Million ≈ $105.92 Million |
+190.13% |
| 2021-12-31 | CA$50.47 Million ≈ $36.51 Million |
+87.55% |
| 2020-12-31 | CA$26.91 Million ≈ $19.47 Million |
+322.25% |
| 2019-12-31 | CA$6.37 Million ≈ $4.61 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Elemental Royalties 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 2864593000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$225.40 Million | 114.78% |
| Total Equity | CA$196.38 Million | 100.00% |
Elemental Royalties Corp Competitors by Market Cap
The table below lists competitors of Elemental Royalties Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zbit Semiconductor Inc. A
SHG:688416
|
$1.18 Billion |
|
DFDS A/S
CO:DFDS
|
$1.18 Billion |
|
Clear Channel Outdoor Holdings Inc
NYSE:CCO
|
$1.18 Billion |
|
Guangzhou Guangri Stock Co Ltd
SHG:600894
|
$1.18 Billion |
|
JPG
KLSE:5323
|
$1.18 Billion |
|
Jiangsu Changbao Steeltube Co Ltd
SHE:002478
|
$1.18 Billion |
|
Jaeyoung Solutec Co. Ltd
KQ:049630
|
$1.18 Billion |
|
Tansun Technology Co Ltd
SHE:300872
|
$1.18 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Elemental Royalties Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 155,199,000 to 196,384,000, a change of 41,185,000 (26.5%).
- Net loss of 364,000 reduced equity.
- New share issuances of 12,763,000 increased equity.
- Other factors increased equity by 28,786,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-364.00K | -0.19% |
| Share Issuances | CA$12.76 Million | +6.5% |
| Other Changes | CA$28.79 Million | +14.66% |
| Total Change | CA$- | 26.54% |
Book Value vs Market Value Analysis
This analysis compares Elemental Royalties 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: 32.04x
- 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 decreased from 71.26x to 32.04x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | CA$0.36 | CA$25.60 | x |
| 2020-12-31 | CA$0.85 | CA$25.60 | x |
| 2021-12-31 | CA$0.76 | CA$25.60 | x |
| 2022-12-31 | CA$1.40 | CA$25.60 | x |
| 2023-12-31 | CA$7.92 | CA$25.60 | x |
| 2024-12-31 | CA$0.80 | CA$25.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Elemental Royalties Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -0.19%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.23%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 1.04x
- Recent ROE (-0.19%) is above the historical average (-5.93%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -1.28% | -3.39% | 0.36x | 1.05x | CA$-719.10K |
| 2020 | -9.78% | -51.37% | 0.18x | 1.04x | CA$-5.32 Million |
| 2021 | -9.36% | -71.49% | 0.09x | 1.52x | CA$-9.77 Million |
| 2022 | -12.44% | -188.93% | 0.05x | 1.27x | CA$-32.85 Million |
| 2023 | -2.51% | -33.22% | 0.06x | 1.22x | CA$-19.42 Million |
| 2024 | -0.19% | -2.23% | 0.08x | 1.04x | CA$-20.00 Million |
Industry Comparison
This section compares Elemental Royalties Corp's net assets metrics with peer companies in the Other Precious Metals & Mining industry.
Industry Context
- Industry: Other Precious Metals & Mining
- Average net assets among peers: $15,138,265
- Average return on equity (ROE) among peers: -30.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Elemental Royalties Corp (ELE) | CA$205.53 Million | -1.28% | 0.02x | $1.18 Billion |
| AbraSilver Resource Corp. (ABRA) | $-379.36K | 0.00% | 0.00x | $1.97 Billion |
| Archon Minerals Ltd (ACS) | $-749.69K | 0.00% | 0.00x | $4.63 Million |
| Arctic Star Exploration Corp (ADD) | $2.06 Million | -33.58% | 0.13x | $1.73 Million |
| Adyton Resources Corp (ADY) | $12.60 Million | -18.74% | 0.03x | $80.71 Million |
| Adamera Minerals Corp. (ADZ) | $4.33 Million | -30.35% | 0.10x | $3.91 Million |
| Austral Gold Ltd (AGLD) | $80.97 Million | 9.21% | 0.87x | $69.64 Million |
| Clean Air Metals Inc (AIR) | $35.73 Million | -9.88% | 0.10x | $12.23 Million |
| Alpha Exploration Ltd (ALEX) | $7.30 Million | -10.62% | 0.17x | $43.40 Million |
| American Creek Resources Ltd (AMK) | $2.36 Million | -67.11% | 0.29x | $54.98 Million |
| Azucar Minerals Ltd (AMZ) | $7.16 Million | -141.18% | 0.01x | $3.47 Million |
About Elemental Royalties Corp
Elemental Royalty Corporation engages in the acquisition and generation of precious metal royalties. The company holds royalties in gold, silver, and copper projects. It operates in North America; South America; Australia; Africa; and internationally. The company was formerly known as Elemental Altus Royalties Corp. and changed its name to Elemental Royalty Corporation in November 2025. The compa… Read more