Elcora Advanced Materials Corp (ERA) - Net Assets
Based on the latest financial reports, Elcora Advanced Materials Corp (ERA) has net assets worth CA$-3.13 Million CAD (≈ $-2.27 Million 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$1.88 Million ≈ $1.36 Million USD) and total liabilities (CA$5.01 Million ≈ $3.63 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check how resilient are Elcora Advanced Materials Corp's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-3.13 Million |
| % of Total Assets | -166.54% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | -121.31% |
| Growth Volatility | 381.32 |
Elcora Advanced Materials Corp - Net Assets Trend (2012–2024)
This chart illustrates how Elcora Advanced Materials Corp's net assets have evolved over time, based on quarterly financial data. Also explore Elcora Advanced Materials Corp asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Elcora Advanced Materials Corp (2012–2024)
The table below shows the annual net assets of Elcora Advanced Materials Corp from 2012 to 2024. For live valuation and market cap data, see how much is Elcora Advanced Materials Corp worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-03-31 | CA$-1.45 Million ≈ $-1.05 Million |
-351.08% |
| 2023-03-31 | CA$-320.81K ≈ $-232.07K |
-123.80% |
| 2022-03-31 | CA$-143.35K ≈ $-103.70K |
+93.28% |
| 2021-03-31 | CA$-2.13 Million ≈ $-1.54 Million |
-16.87% |
| 2020-03-31 | CA$-1.82 Million ≈ $-1.32 Million |
-165.97% |
| 2019-03-31 | CA$-685.77K ≈ $-496.08K |
-108.05% |
| 2018-03-31 | CA$8.52 Million ≈ $6.16 Million |
-9.32% |
| 2017-03-31 | CA$9.39 Million ≈ $6.79 Million |
+17.29% |
| 2016-03-31 | CA$8.01 Million ≈ $5.79 Million |
+17.95% |
| 2015-03-31 | CA$6.79 Million ≈ $4.91 Million |
+1082.37% |
| 2014-03-31 | CA$574.23K ≈ $415.39K |
+7.97% |
| 2013-03-31 | CA$531.84K ≈ $384.73K |
+106.12% |
| 2012-03-31 | CA$258.02K ≈ $186.65K |
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Equity Component Analysis
This analysis shows how different components contribute to Elcora Advanced Materials 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 2641243500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$25.03 Million | % |
| Total Equity | CA$-1.45 Million | 100.00% |
Elcora Advanced Materials Corp Competitors by Market Cap
The table below lists competitors of Elcora Advanced Materials Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Companhia Paranaense de Energia Pref ADR
NYSE:ELP
|
$7.25 Million |
|
DGA Spólka Akcyjna
WAR:DGA
|
$7.25 Million |
|
2020 Bulkers Ltd
OL:2020
|
$7.25 Million |
|
Butn Ltd
AU:BTN
|
$7.26 Million |
|
ARK Resources Bhd
KLSE:7007
|
$7.25 Million |
|
Longvie SA
BA:LONG
|
$7.24 Million |
|
Socket Mobile Inc
NASDAQ:SCKT
|
$7.24 Million |
|
Wahana Inti MakmurTbk PT
JK:NASI
|
$7.24 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Elcora Advanced Materials Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -320,811 to -1,447,120, a change of -1,126,309.
- Net loss of 1,261,177 reduced equity.
- Other comprehensive income decreased equity by 22,242.
- Other factors increased equity by 157,110.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-1.26 Million | -87.15% |
| Other Comprehensive Income | CA$-22.24K | -1.54% |
| Other Changes | CA$157.11K | +10.86% |
| Total Change | CA$- | % |
Book Value vs Market Value Analysis
This analysis compares Elcora Advanced Materials 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 |
|---|---|---|---|
| 2012-03-31 | CA$0.14 | CA$0.28 | x |
| 2013-03-31 | CA$0.10 | CA$0.28 | x |
| 2014-03-31 | CA$0.03 | CA$0.28 | x |
| 2015-03-31 | CA$0.18 | CA$0.28 | x |
| 2016-03-31 | CA$0.15 | CA$0.28 | x |
| 2017-03-31 | CA$0.13 | CA$0.28 | x |
| 2018-03-31 | CA$0.10 | CA$0.28 | x |
| 2019-03-31 | CA$-0.01 | CA$0.28 | x |
| 2020-03-31 | CA$-0.02 | CA$0.28 | x |
| 2021-03-31 | CA$-0.02 | CA$0.28 | x |
| 2022-03-31 | CA$0.00 | CA$0.28 | x |
| 2023-03-31 | CA$0.00 | CA$0.28 | x |
| 2024-03-31 | CA$-0.08 | CA$0.28 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Elcora Advanced Materials Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1042.47%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-31.17%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | -25.96% | 0.00% | 0.00x | 1.07x | CA$-92.78K |
| 2013 | -74.92% | 0.00% | 0.00x | 1.12x | CA$-451.65K |
| 2014 | -188.22% | 0.00% | 0.00x | 2.96x | CA$-1.14 Million |
| 2015 | -33.48% | 0.00% | 0.00x | 1.07x | CA$-2.95 Million |
| 2016 | -37.51% | 0.00% | 0.00x | 1.06x | CA$-3.80 Million |
| 2017 | -24.47% | 0.00% | 0.00x | 1.07x | CA$-3.24 Million |
| 2018 | -20.65% | 0.00% | 0.00x | 1.13x | CA$-2.61 Million |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-9.70 Million |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-955.80K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-667.74K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-944.76K |
| 2023 | 0.00% | -871.45% | 0.10x | 0.00x | CA$-1.56 Million |
| 2024 | 0.00% | -1042.47% | 0.07x | 0.00x | CA$-1.12 Million |
Industry Comparison
This section compares Elcora Advanced Materials 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: $49,314,810
- Average return on equity (ROE) among peers: -11.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Elcora Advanced Materials Corp (ERA) | CA$-3.13 Million | -25.96% | N/A | $7.25 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 Elcora Advanced Materials Corp
Elcora Advanced Materials Corp. engages in the exploration and development of mineral properties in Morocco. The company was formerly known as Elcora Resources Corp. and changed its name to Elcora Advanced Materials Corp. in February 2016. Elcora Advanced Materials Corp. was incorporated in 2011 and is headquartered in Bedford, Canada.