Ely Gold Royalties Inc
Electrum Discovery Corp. engages in the acquisition and exploration of mineral properties in the natural resource sector in the Republic of Serbia. It explores for gold and copper deposits. The company holds interests in the Timok East Project comprising three mineral exploration permits and four mineral exploration permit applications located in the eastern fringe of Timok Magmatic Complex; and … Read more
Ely Gold Royalties Inc (ELY) - Net Assets
Latest net assets as of September 2025: CA$3.41 Million CAD
Based on the latest financial reports, Ely Gold Royalties Inc (ELY) has net assets worth CA$3.41 Million CAD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$4.20 Million) and total liabilities (CA$792.13K). 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$3.41 Million |
| % of Total Assets | 81.14% |
| Annual Growth Rate | 14.21% |
| 5-Year Change | -52.79% |
| 10-Year Change | N/A |
| Growth Volatility | 152.97 |
Ely Gold Royalties Inc - Net Assets Trend (2013–2024)
This chart illustrates how Ely Gold Royalties Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Ely Gold Royalties Inc (2013–2024)
The table below shows the annual net assets of Ely Gold Royalties Inc from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$4.12 Million | +30435.13% |
| 2023-12-31 | CA$-13.58K | +90.26% |
| 2022-12-31 | CA$-139.36K | -100.34% |
| 2020-12-31 | CA$41.04 Million | +370.48% |
| 2019-12-31 | CA$8.72 Million | +79.60% |
| 2018-12-31 | CA$4.86 Million | +13.28% |
| 2017-12-31 | CA$4.29 Million | -33.29% |
| 2016-12-31 | CA$6.43 Million | +2.88% |
| 2015-12-31 | CA$6.25 Million | +2947.62% |
| 2014-12-31 | CA$-219.38K | -122.97% |
| 2013-12-31 | CA$955.13K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ely Gold Royalties 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 grown by 2299819000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$7.99 Million | 193.96% |
| Total Equity | CA$4.12 Million | 100.00% |
Ely Gold Royalties Inc Competitors by Market Cap
The table below lists competitors of Ely Gold Royalties Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Keyware Technologies NV
BR:KEYW
|
$8.61 Million |
|
Canaf Investments Inc
PINK:CAFZF
|
$8.61 Million |
|
Lippo General Insurance Tbk
JK:LPGI
|
$8.61 Million |
|
Acceleware Ltd
PINK:ACWRF
|
$8.62 Million |
|
Blue Ridge Real Estate Company
PINK:BRRE
|
$8.61 Million |
|
Cenntro Electric Group Ltd
NASDAQ:CENN
|
$8.60 Million |
|
PT Semen Baturaja (Persero) Tbk
F:15B
|
$8.60 Million |
|
Qomolangma Acquisition Corp. Common Stock
NASDAQ:QOMO
|
$8.60 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ely Gold Royalties Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -13,577 to 4,118,600, a change of 4,132,177.
- Net loss of 1,786,837 reduced equity.
- New share issuances of 4,045,392 increased equity.
- Other factors increased equity by 1,873,622.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-1.79 Million | -43.38% |
| Share Issuances | CA$4.05 Million | +98.22% |
| Other Changes | CA$1.87 Million | +45.49% |
| Total Change | CA$- | % |
Book Value vs Market Value Analysis
This analysis compares Ely Gold Royalties 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: 2.52x
- 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 1.86x to 2.52x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CA$0.06 | CA$0.11 | x |
| 2018-12-31 | CA$0.05 | CA$0.11 | x |
| 2019-12-31 | CA$0.09 | CA$0.11 | x |
| 2020-12-31 | CA$0.26 | CA$0.11 | x |
| 2023-12-31 | CA$0.00 | CA$0.11 | x |
| 2024-12-31 | CA$0.04 | CA$0.11 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ely Gold Royalties Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -43.38%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.17x
- Recent ROE (-43.38%) is below the historical average (-18.10%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -135.21% | 0.00% | 0.00x | 2.06x | CA$-1.39 Million |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-1.28 Million |
| 2015 | 103.03% | 0.00% | 0.00x | 1.01x | CA$5.81 Million |
| 2016 | -27.15% | 0.00% | 0.00x | 1.15x | CA$-2.39 Million |
| 2017 | -38.38% | -433.75% | 0.07x | 1.31x | CA$-2.07 Million |
| 2018 | -21.63% | -87.96% | 0.23x | 1.08x | CA$-1.54 Million |
| 2019 | -17.74% | -74.31% | 0.18x | 1.32x | CA$-2.42 Million |
| 2020 | -18.64% | -228.36% | 0.08x | 1.04x | CA$-11.75 Million |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-680.02K |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-1.56 Million |
| 2024 | -43.38% | 0.00% | 0.00x | 1.17x | CA$-2.20 Million |
Industry Comparison
This section compares Ely Gold Royalties Inc'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: $5,761,200
- Average return on equity (ROE) among peers: -9.63%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ely Gold Royalties Inc (ELY) | CA$3.41 Million | -135.21% | 0.23x | $8.61 Million |
| AC/DC Battery Metals Inc. (ACDC) | $1.48 Million | -20.93% | 0.02x | $487.04 |
| Archon Minerals Ltd (ACS) | $-2.07 Million | 0.00% | 0.00x | $1.79 Million |
| Adamera Minerals Corp. (ADZ) | $8.20 Million | -13.43% | 0.14x | $2.99 Million |
| Argonaut Exploration Inc. (AGA) | $6.54 Million | -40.86% | 0.13x | $74.49 Million |
| Alpha Exploration Ltd (ALEX) | $15.98 Million | -2.45% | 0.05x | $19.42 Million |
| Angel Wing Metals Inc (AWM) | $9.86 Million | -19.57% | 0.07x | $2.70 Million |
| Arizona Gold & Silver Inc. (AZS) | $7.02 Million | -8.43% | 0.01x | $34.92 Million |
| Thunderbird Minerals Corp. (BIRD) | $100.00 | 0.00% | 0.00x | $539.80 |
| Bonanza Mining Corporation (BNZ) | $2.22 Million | -7.98% | 0.07x | $1.35 Million |
| Canadian Critical Minerals Inc. (CCMI) | $8.39 Million | 17.33% | 0.67x | $6.70 Million |