New Energy Metals Corp (ENRG) - Net Assets
Based on the latest financial reports, New Energy Metals Corp (ENRG) has net assets worth CA$-236.89K CAD (≈ $-171.36K USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$54.35K ≈ $39.31K USD) and total liabilities (CA$291.23K ≈ $210.67K USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check New Energy Metals Corp tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-236.89K |
| % of Total Assets | -435.87% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 361.69 |
New Energy Metals Corp - Net Assets Trend (2017–2025)
This chart illustrates how New Energy Metals Corp's net assets have evolved over time, based on quarterly financial data. See New Energy Metals Corp liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for New Energy Metals Corp (2017–2025)
The table below shows the annual net assets of New Energy Metals Corp from 2017 to 2025. For live valuation and market cap data, see New Energy Metals Corp market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | CA$-227.26K ≈ $-164.40K |
-372.27% |
| 2024-06-30 | CA$83.47K ≈ $60.38K |
-93.07% |
| 2023-06-30 | CA$1.20 Million ≈ $871.48K |
+371.17% |
| 2022-06-30 | CA$-444.27K ≈ $-321.38K |
+28.34% |
| 2021-06-30 | CA$-619.97K ≈ $-448.47K |
+14.09% |
| 2020-06-30 | CA$-721.68K ≈ $-522.05K |
-149.20% |
| 2019-06-30 | CA$1.47 Million ≈ $1.06 Million |
-61.64% |
| 2018-06-30 | CA$3.82 Million ≈ $2.77 Million |
+693.43% |
| 2017-06-30 | CA$481.90K ≈ $348.60K |
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Equity Component Analysis
This analysis shows how different components contribute to New Energy Metals 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 1017021000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$9.97 Million | % |
| Total Equity | CA$-227.26K | 100.00% |
New Energy Metals Corp Competitors by Market Cap
The table below lists competitors of New Energy Metals Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CFI-Compagnie Foncière Internationale
PA:CFI
|
$1.57 Million |
|
Lazydays Holdings Inc
NASDAQ:GORV
|
$1.57 Million |
|
Lypsa Gems & Jewellery Limited
NSE:LYPSAGEMS
|
$1.58 Million |
|
BlackRock Latin American Investment Trust plc
LSE:BRLA
|
$1.58 Million |
|
Prosper Gold Corp.
V:PGX
|
$1.57 Million |
|
Fitness Champs Holdings Limited Common Stock
NASDAQ:FCHL
|
$1.57 Million |
|
BioSenic S.A.
BR:BIOS
|
$1.57 Million |
|
Fram Skandinavien AB Series B
ST:FRAM-B
|
$1.57 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in New Energy Metals Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 83,468 to -227,261, a change of -310,729 (-372.3%).
- Net loss of 404,013 reduced equity.
- New share issuances of 63,830 increased equity.
- Other factors increased equity by 29,454.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-404.01K | -177.77% |
| Share Issuances | CA$63.83K | +28.09% |
| Other Changes | CA$29.45K | +12.96% |
| Total Change | CA$- | -372.27% |
Book Value vs Market Value Analysis
This analysis compares New Energy Metals 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-06-30 | CA$0.10 | CA$0.37 | x |
| 2018-06-30 | CA$0.74 | CA$0.37 | x |
| 2019-06-30 | CA$0.07 | CA$0.37 | x |
| 2020-06-30 | CA$-0.03 | CA$0.37 | x |
| 2021-06-30 | CA$-0.03 | CA$0.37 | x |
| 2022-06-30 | CA$-0.02 | CA$0.37 | x |
| 2023-06-30 | CA$0.35 | CA$0.37 | x |
| 2024-06-30 | CA$0.02 | CA$0.37 | x |
| 2025-06-30 | CA$-0.05 | CA$0.37 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently New Energy Metals Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-225.33%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -5.21% | 0.00% | 0.00x | 1.05x | CA$-73.29K |
| 2018 | -66.23% | 0.00% | 0.00x | 1.03x | CA$-2.91 Million |
| 2019 | -305.72% | 0.00% | 0.00x | 1.10x | CA$-4.63 Million |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-2.28 Million |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | CA$68.41K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | CA$212.12K |
| 2023 | -83.09% | 0.00% | 0.00x | 1.13x | CA$-1.12 Million |
| 2024 | -1567.67% | 0.00% | 0.00x | 3.57x | CA$-1.32 Million |
| 2025 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-381.29K |
Industry Comparison
This section compares New Energy Metals Corp'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: $2,278,129
- Average return on equity (ROE) among peers: -49.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| New Energy Metals Corp (ENRG) | CA$-236.89K | -5.21% | N/A | $1.57 Million |
| Aftermath Silver Ltd (AAG) | $-1.02 Million | 0.00% | 0.00x | $195.23 Million |
| Aton Resources Inc (AAN) | $-9.49 Million | 0.00% | 0.00x | $42.41 Million |
| Arbor Metals Corp (ABR) | $153.43K | -30.35% | 0.39x | $8.19 Million |
| Asiabasemetals Inc (ABZ) | $-251.39K | 0.00% | 0.00x | $3.63 Million |
| Adex Mining Inc (ADE) | $-81.43K | 0.00% | 0.00x | $66.13 Million |
| Alphamin Res (AFM) | $159.81K | -280.73% | 0.49x | $1.30 Billion |
| Silver X Mining Corp (AGX) | $18.71 Million | -66.45% | 1.77x | $138.33 Million |
| Amarc Resources Ltd. (AHR) | $7.22 Million | -119.49% | 0.12x | $159.74 Million |
| Almonty Industries Inc (AII) | $21.18 Million | 0.00% | 0.48x | $5.33 Billion |
| Aldebaran Resources Inc (ALDE) | $-13.79 Million | 0.00% | 0.00x | $425.46 Million |
About New Energy Metals Corp
New Energy Metals Corp., a junior mineral exploration company, engages in the acquisition, exploration, and development of mineral properties in Canada. It primarily explores for copper and lithium deposits. It has an option to acquire 100% interest in the Troitsa Kate copper property that comprise 26 mineral claims covering an area of approximately 7,000 hectares located in the Omineca mining di… Read more