Electric Royalties Ltd (ELEC) - Net Assets
Based on the latest financial reports, Electric Royalties Ltd (ELEC) has net assets worth CA$9.98 Million CAD (≈ $7.22 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$19.98 Million ≈ $14.45 Million USD) and total liabilities (CA$9.99 Million ≈ $7.23 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 ELEC total debt and obligations for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$9.98 Million |
| % of Total Assets | 49.97% |
| Annual Growth Rate | 187.89% |
| 5-Year Change | 91.19% |
| 10-Year Change | N/A |
| Growth Volatility | 4090.48 |
Electric Royalties Ltd - Net Assets Trend (2019–2024)
This chart illustrates how Electric Royalties Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Electric Royalties Ltd (ELEC) total assets for the complete picture of this company's asset base.
Annual Net Assets for Electric Royalties Ltd (2019–2024)
The table below shows the annual net assets of Electric Royalties Ltd from 2019 to 2024. For live valuation and market cap data, see Electric Royalties Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$9.74 Million ≈ $7.04 Million |
-27.99% |
| 2023-12-31 | CA$13.52 Million ≈ $9.78 Million |
-25.93% |
| 2022-12-31 | CA$18.25 Million ≈ $13.20 Million |
+20.32% |
| 2021-12-31 | CA$15.17 Million ≈ $10.97 Million |
+197.90% |
| 2020-12-31 | CA$5.09 Million ≈ $3.68 Million |
+10265.19% |
| 2019-12-31 | CA$49.13K ≈ $35.54K |
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Equity Component Analysis
This analysis shows how different components contribute to Electric Royalties Ltd'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 1922634700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$29.01 Million | 298.01% |
| Total Equity | CA$9.74 Million | 100.00% |
Electric Royalties Ltd Competitors by Market Cap
The table below lists competitors of Electric Royalties Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
EURO MANGANESE CDI/1
F:E06A
|
$10.42 Million |
|
TDH Holdings Inc
NASDAQ:PETZ
|
$10.43 Million |
|
DB (International) Stock Brokers Limited
NSE:DBSTOCKBRO
|
$10.43 Million |
|
mVISE AG
XETRA:C1V
|
$10.43 Million |
|
Castle Peak Holdings Public Company Limited
BK:CPH
|
$10.41 Million |
|
Golden Pursuit Resources Ltd
V:GDP
|
$10.41 Million |
|
Norben Tea & Exports Limited
NSE:NORBTEAEXP
|
$10.40 Million |
|
Saraswati Griya Lestari Tbk
JK:HOTL
|
$10.40 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Electric Royalties Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 13,519,881 to 9,735,652, a change of -3,784,229 (-28.0%).
- Net loss of 6,361,621 reduced equity.
- Other factors increased equity by 2,577,392.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-6.36 Million | -65.34% |
| Other Changes | CA$2.58 Million | +26.47% |
| Total Change | CA$- | -27.99% |
Book Value vs Market Value Analysis
This analysis compares Electric Royalties Ltd'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: 1.27x
- 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 2.04x to 1.27x 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$0.06 | CA$0.12 | x |
| 2020-12-31 | CA$0.15 | CA$0.12 | x |
| 2021-12-31 | CA$0.25 | CA$0.12 | x |
| 2022-12-31 | CA$0.21 | CA$0.12 | x |
| 2023-12-31 | CA$0.14 | CA$0.12 | x |
| 2024-12-31 | CA$0.09 | CA$0.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Electric Royalties Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -65.34%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -20431.07%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 2.07x
- Recent ROE (-65.34%) is below the historical average (-48.47%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -103.56% | 0.00% | 0.00x | 2.08x | CA$-55.79K |
| 2020 | -51.84% | 0.00% | 0.00x | 1.02x | CA$-3.15 Million |
| 2021 | -15.18% | 0.00% | 0.00x | 1.02x | CA$-3.82 Million |
| 2022 | -10.54% | 0.00% | 0.00x | 1.01x | CA$-3.75 Million |
| 2023 | -44.37% | -3618.14% | 0.01x | 1.33x | CA$-7.35 Million |
| 2024 | -65.34% | -20431.07% | 0.00x | 2.07x | CA$-7.34 Million |
Industry Comparison
This section compares Electric Royalties Ltd'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 |
|---|---|---|---|---|
| Electric Royalties Ltd (ELEC) | CA$9.98 Million | -103.56% | 1.00x | $10.41 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 Electric Royalties Ltd
Electric Royalties Ltd. engages in the acquisition of royalties in mines and mineral projects in Canada. It focuses on various commodities, including lithium, vanadium, manganese, tin, graphite, cobalt, nickel, and copper. The company is based in Vancouver, Canada.