Euro Manganese Inc (EMN) - Net Assets
Based on the latest financial reports, Euro Manganese Inc (EMN) has net assets worth CA$2.85 Million CAD (≈ $2.06 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$36.78 Million ≈ $26.60 Million USD) and total liabilities (CA$33.93 Million ≈ $24.54 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 EMN total liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$2.85 Million |
| % of Total Assets | 7.74% |
| Annual Growth Rate | N/A |
| 5-Year Change | -92.39% |
| 10-Year Change | 1004.81% |
| Growth Volatility | 382.96 |
Euro Manganese Inc - Net Assets Trend (2015–2025)
This chart illustrates how Euro Manganese Inc's net assets have evolved over time, based on quarterly financial data. Also explore EMN total asset value for the complete picture of this company's asset base.
Annual Net Assets for Euro Manganese Inc (2015–2025)
The table below shows the annual net assets of Euro Manganese Inc from 2015 to 2025. For live valuation and market cap data, see EMN market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | CA$2.85 Million ≈ $2.06 Million |
-70.98% |
| 2024-09-30 | CA$9.81 Million ≈ $7.10 Million |
-63.78% |
| 2023-09-30 | CA$27.10 Million ≈ $19.60 Million |
-27.33% |
| 2022-09-30 | CA$37.29 Million ≈ $26.97 Million |
-0.30% |
| 2021-09-30 | CA$37.40 Million ≈ $27.06 Million |
+573.93% |
| 2020-09-30 | CA$5.55 Million ≈ $4.01 Million |
-5.62% |
| 2019-09-30 | CA$5.88 Million ≈ $4.25 Million |
-43.98% |
| 2018-09-30 | CA$10.50 Million ≈ $7.59 Million |
+234.25% |
| 2017-09-30 | CA$3.14 Million ≈ $2.27 Million |
+1118.23% |
| 2016-09-30 | CA$257.78K ≈ $186.47K |
+742.11% |
| 2015-09-30 | CA$-40.15K ≈ $-29.04K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Euro Manganese 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 9650505400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$99.42 Million | 3490.80% |
| Total Equity | CA$2.85 Million | 100.00% |
Euro Manganese Inc Competitors by Market Cap
The table below lists competitors of Euro Manganese Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shape Robotics AS
CO:SHAPE
|
$14.98 Million |
|
Greenvale Energy Ltd
AU:GRV
|
$14.98 Million |
|
Pryme BV
OL:PRYME
|
$14.99 Million |
|
American Manganese Inc
V:AMY
|
$14.99 Million |
|
Nepa AB
ST:NEPA
|
$14.98 Million |
|
Salona Cotspin Limited
NSE:SALONA
|
$14.97 Million |
|
BBI Development S.A.
WAR:BBD
|
$14.97 Million |
|
Salee Printing Public Company Limited
BK:SLP
|
$14.96 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Euro Manganese Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 9,815,000 to 2,848,000, a change of -6,967,000 (-71.0%).
- Net loss of 17,586,000 reduced equity.
- New share issuances of 11,076,000 increased equity.
- Other factors decreased equity by 457,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-17.59 Million | -617.49% |
| Share Issuances | CA$11.08 Million | +388.9% |
| Other Changes | CA$-457.00K | -16.05% |
| Total Change | CA$- | -70.98% |
Book Value vs Market Value Analysis
This analysis compares Euro Manganese 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: 7.27x
- 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 7.88x to 7.27x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-09-30 | CA$0.02 | CA$0.15 | x |
| 2018-09-30 | CA$0.06 | CA$0.15 | x |
| 2019-09-30 | CA$0.03 | CA$0.15 | x |
| 2020-09-30 | CA$0.03 | CA$0.15 | x |
| 2021-09-30 | CA$0.11 | CA$0.15 | x |
| 2022-09-30 | CA$0.09 | CA$0.15 | x |
| 2023-09-30 | CA$0.07 | CA$0.15 | x |
| 2024-09-30 | CA$0.12 | CA$0.15 | x |
| 2025-09-30 | CA$0.02 | CA$0.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Euro Manganese Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -617.49%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -400.87%
- • Asset Turnover: 0.12x
- • Equity Multiplier: 12.91x
- Recent ROE (-617.49%) is below the historical average (-155.12%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-73.92K |
| 2016 | -366.96% | 0.00% | 0.00x | 5.35x | CA$-971.73K |
| 2017 | -108.69% | 0.00% | 0.00x | 1.38x | CA$-3.73 Million |
| 2018 | -62.25% | 0.00% | 0.00x | 1.17x | CA$-7.58 Million |
| 2019 | -141.44% | 0.00% | 0.00x | 1.17x | CA$-8.91 Million |
| 2020 | -116.71% | 0.00% | 0.00x | 1.05x | CA$-7.03 Million |
| 2021 | -25.56% | 0.00% | 0.00x | 1.16x | CA$-13.30 Million |
| 2022 | -36.16% | 0.00% | 0.00x | 1.07x | CA$-17.21 Million |
| 2023 | -44.31% | 0.00% | 0.00x | 1.11x | CA$-14.72 Million |
| 2024 | -186.72% | -569.69% | 0.08x | 4.12x | CA$-19.31 Million |
| 2025 | -617.49% | -400.87% | 0.12x | 12.91x | CA$-17.87 Million |
Industry Comparison
This section compares Euro Manganese 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 |
|---|---|---|---|---|
| Euro Manganese Inc (EMN) | CA$2.85 Million | 0.00% | 11.91x | $14.98 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 Euro Manganese Inc
Euro Manganese Inc. evaluates, explores, and develops mineral assets. The company holds 100% interest in the Chvaletice manganese project, which is involved in the re-processing of a manganese deposit hosted in historic mine tailings to produce manganese products for applications in lithium-ion batteries located in the east of Prague, the Czech Republic. Euro Manganese Inc. was incorporated in 20… Read more