Equity Metals Corp (EQTY) - Net Assets
Based on the latest financial reports, Equity Metals Corp (EQTY) has net assets worth CA$2.28 Million CAD (≈ $1.65 Million USD) as of November 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$2.76 Million ≈ $1.99 Million USD) and total liabilities (CA$473.16K ≈ $342.28K 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 Equity Metals Corp debt and liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$2.28 Million |
| % of Total Assets | 82.84% |
| Annual Growth Rate | N/A |
| 5-Year Change | 32.93% |
| 10-Year Change | N/A |
| Growth Volatility | 305.76 |
Equity Metals Corp - Net Assets Trend (2016–2025)
This chart illustrates how Equity Metals Corp's net assets have evolved over time, based on quarterly financial data. Also explore Equity Metals Corp assets under control for the complete picture of this company's asset base.
Annual Net Assets for Equity Metals Corp (2016–2025)
The table below shows the annual net assets of Equity Metals Corp from 2016 to 2025. For live valuation and market cap data, see EQTY company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-08-31 | CA$2.76 Million ≈ $1.99 Million |
-30.50% |
| 2024-08-31 | CA$3.97 Million ≈ $2.87 Million |
+29.72% |
| 2023-08-31 | CA$3.06 Million ≈ $2.21 Million |
+333.30% |
| 2022-08-31 | CA$705.63K ≈ $510.44K |
-65.97% |
| 2021-08-31 | CA$2.07 Million ≈ $1.50 Million |
+4.49% |
| 2020-08-31 | CA$1.98 Million ≈ $1.44 Million |
+873.66% |
| 2019-08-31 | CA$203.84K ≈ $147.45K |
-74.50% |
| 2018-08-31 | CA$799.29K ≈ $578.19K |
-17.51% |
| 2017-08-31 | CA$968.99K ≈ $700.95K |
+333.03% |
| 2016-08-31 | CA$-415.82K ≈ $-300.79K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Equity 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 2315556600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (August 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$42.61 Million | 1545.85% |
| Total Equity | CA$2.76 Million | 100.00% |
Equity Metals Corp Competitors by Market Cap
The table below lists competitors of Equity Metals Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shin Shin Co Ltd
TW:2901
|
$55.23 Million |
|
Wir Asia Tbk PT
JK:WIRG
|
$55.26 Million |
|
Zenith Energy Ltd
OL:ZENA
|
$55.26 Million |
|
Budi Starch & Sweetener Tbk
JK:BUDI
|
$55.27 Million |
|
Bengang Steel Plates Co Ltd
SHE:200761
|
$55.15 Million |
|
Linq Minerals Limited
AU:LNQ
|
$55.14 Million |
|
CSL Finance Limited
NSE:CSLFINANCE
|
$55.14 Million |
|
Flag Ship Acquisition Corp. Ordinary Shares
NASDAQ:FSHP
|
$55.13 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Equity Metals Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,966,127 to 2,756,638, a change of -1,209,489 (-30.5%).
- Net loss of 5,418,327 reduced equity.
- New share issuances of 2,473,377 increased equity.
- Other factors increased equity by 1,735,461.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-5.42 Million | -196.56% |
| Share Issuances | CA$2.47 Million | +89.72% |
| Other Changes | CA$1.74 Million | +62.96% |
| Total Change | CA$- | -30.50% |
Book Value vs Market Value Analysis
This analysis compares Equity 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
- Current price-to-book ratio: 22.49x
- 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 increased from 4.11x to 22.49x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-08-31 | CA$0.08 | CA$0.32 | x |
| 2018-08-31 | CA$0.05 | CA$0.32 | x |
| 2019-08-31 | CA$0.01 | CA$0.32 | x |
| 2020-08-31 | CA$0.04 | CA$0.32 | x |
| 2021-08-31 | CA$0.03 | CA$0.32 | x |
| 2022-08-31 | CA$0.01 | CA$0.32 | x |
| 2023-08-31 | CA$0.02 | CA$0.32 | x |
| 2024-08-31 | CA$0.02 | CA$0.32 | x |
| 2025-08-31 | CA$0.01 | CA$0.32 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Equity Metals Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -196.56%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.35x
- Recent ROE (-196.56%) is below the historical average (-174.23%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-969.38K |
| 2017 | 125.13% | 0.00% | 0.00x | 1.03x | CA$1.12 Million |
| 2018 | -168.35% | 0.00% | 0.00x | 1.09x | CA$-1.43 Million |
| 2019 | -335.08% | 0.00% | 0.00x | 1.56x | CA$-703.39K |
| 2020 | -57.08% | 0.00% | 0.00x | 1.14x | CA$-1.33 Million |
| 2021 | -202.90% | 0.00% | 0.00x | 1.05x | CA$-4.41 Million |
| 2022 | -709.59% | 0.00% | 0.00x | 1.14x | CA$-5.08 Million |
| 2023 | -95.07% | 0.00% | 0.00x | 1.09x | CA$-3.21 Million |
| 2024 | -102.84% | 0.00% | 0.00x | 1.39x | CA$-4.48 Million |
| 2025 | -196.56% | 0.00% | 0.00x | 1.35x | CA$-5.69 Million |
Industry Comparison
This section compares Equity Metals 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 |
|---|---|---|---|---|
| Equity Metals Corp (EQTY) | CA$2.28 Million | 0.00% | 0.21x | $55.18 Million |
| 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 Equity Metals Corp
Equity Metals Corporation engages in the acquisition, exploration, and development of mineral and diamond properties in British Columbia, Saskatchewan, and the Northwest Territories. It explores for gold, silver, copper, silica, and diamond ores. The company was formerly known as New Nadina Explorations Limited and changed its name to Equity Metals Corporation in September 2019. Equity Metals Cor… Read more