European Electric Metals Inc (EVX) - Net Assets
Based on the latest financial reports, European Electric Metals Inc (EVX) has net assets worth CA$-120.70K CAD (≈ $-87.31K USD) as of October 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$499.53K ≈ $361.36K USD) and total liabilities (CA$620.23K ≈ $448.67K USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check European Electric Metals Inc liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-120.70K |
| % of Total Assets | -24.16% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 59.19 |
European Electric Metals Inc - Net Assets Trend (2017–2025)
This chart illustrates how European Electric Metals Inc's net assets have evolved over time, based on quarterly financial data. Also explore European Electric Metals Inc (EVX) total assets for the complete picture of this company's asset base.
Annual Net Assets for European Electric Metals Inc (2017–2025)
The table below shows the annual net assets of European Electric Metals Inc from 2017 to 2025. For live valuation and market cap data, see market value of European Electric Metals Inc.
| Year | Net Assets | Change |
|---|---|---|
| 2025-04-30 | CA$18.67K ≈ $13.50K |
-88.85% |
| 2024-04-30 | CA$167.42K ≈ $121.11K |
-65.09% |
| 2023-04-30 | CA$479.63K ≈ $346.96K |
+131.61% |
| 2022-04-30 | CA$-1.52 Million ≈ $-1.10 Million |
-0.10% |
| 2021-04-30 | CA$-1.52 Million ≈ $-1.10 Million |
+4.92% |
| 2020-04-30 | CA$-1.59 Million ≈ $-1.15 Million |
-56.30% |
| 2019-04-30 | CA$-1.02 Million ≈ $-737.91K |
-200.83% |
| 2018-04-30 | CA$1.01 Million ≈ $731.86K |
+108.56% |
| 2017-04-30 | CA$-11.82 Million ≈ $-8.55 Million |
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Equity Component Analysis
This analysis shows how different components contribute to European Electric Metals 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 183808500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (April 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$54.83 Million | 293725.44% |
| Total Equity | CA$18.67K | 100.00% |
European Electric Metals Inc Competitors by Market Cap
The table below lists competitors of European Electric Metals Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tinybeans Group Ltd
AU:TNY
|
$9.47 Million |
|
FLYNN Gold Ltd
AU:FG1
|
$9.47 Million |
|
Vivid Games S.A
WAR:VVD
|
$9.48 Million |
|
Nala Digital Commerce Ltd
TA:NALA
|
$9.48 Million |
|
Perpetual Resources Ltd
AU:PEC
|
$9.46 Million |
|
NEOMETALS LTD SP.ADS/10
F:9R91
|
$9.45 Million |
|
Eugene Special Purpose Acquisitions 4 Company
KQ:321260
|
$9.45 Million |
|
Akora Resources Ltd
AU:AKO
|
$9.45 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in European Electric Metals Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 167,417 to 18,668, a change of -148,749 (-88.8%).
- Net loss of 148,749 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-148.75K | -796.81% |
| Total Change | CA$- | -88.85% |
Book Value vs Market Value Analysis
This analysis compares European Electric Metals Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 700.60x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-04-30 | CA$-10.31 | CA$0.26 | x |
| 2018-04-30 | CA$0.24 | CA$0.26 | x |
| 2019-04-30 | CA$-0.24 | CA$0.26 | x |
| 2020-04-30 | CA$-0.37 | CA$0.26 | x |
| 2021-04-30 | CA$-0.29 | CA$0.26 | x |
| 2022-04-30 | CA$-0.29 | CA$0.26 | x |
| 2023-04-30 | CA$0.01 | CA$0.26 | x |
| 2024-04-30 | CA$0.00 | CA$0.26 | x |
| 2025-04-30 | CA$0.00 | CA$0.26 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently European Electric Metals Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -796.81%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 27.87x
- Recent ROE (-796.81%) is below the historical average (-51.47%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-203.98K |
| 2018 | 570.16% | 0.00% | 0.00x | 1.67x | CA$5.67 Million |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-2.59 Million |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-414.89K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-265.58K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | CA$150.23K |
| 2023 | -50.05% | 0.00% | 0.00x | 1.64x | CA$-288.02K |
| 2024 | -186.49% | 0.00% | 0.00x | 3.32x | CA$-328.96K |
| 2025 | -796.81% | 0.00% | 0.00x | 27.87x | CA$-150.62K |
Industry Comparison
This section compares European Electric Metals 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: $15,173,164
- Average return on equity (ROE) among peers: -43.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| European Electric Metals Inc (EVX) | CA$-120.70K | 0.00% | N/A | $9.46 Million |
| Aftermath Silver Ltd (AAG) | $23.92 Million | -29.78% | 0.34x | $182.88 Million |
| Aton Resources Inc (AAN) | $-272.49K | 0.00% | 0.00x | $48.87 Million |
| Arbor Metals Corp (ABR) | $3.78 Million | -10.88% | 0.34x | $11.43 Million |
| Asiabasemetals Inc (ABZ) | $-30.55K | 0.00% | 0.00x | $2.91 Million |
| Adex Mining Inc (ADE) | $-81.43K | 0.00% | 0.00x | $67.72 Million |
| Alphamin Res (AFM) | $159.81K | -280.73% | 0.49x | $1.33 Billion |
| Silver X Mining Corp (AGX) | $18.90 Million | -23.55% | 1.85x | $138.33 Million |
| Amarc Resources Ltd. (AHR) | $4.97 Million | -77.30% | 0.01x | $163.00 Million |
| Almonty Industries Inc (AII) | $21.86 Million | -10.24% | 0.68x | $4.73 Billion |
| Aldebaran Resources Inc (ALDE) | $78.53 Million | 0.45% | 0.01x | $355.00 Million |
About European Electric Metals Inc
Canadian Goldfields Discovery Corp., an exploration stage company, engages in the identification, acquisition, and exploration of natural resource properties. The company was formerly known as European Electric Metals Inc. and changed its name to Canadian Goldfields Discovery Corp. in January 2026. Canadian Goldfields Discovery Corp. was incorporated in 2006 and is headquartered in Vancouver, Can… Read more