Baselode Energy Corp (FIND) - Net Assets
Based on the latest financial reports, Baselode Energy Corp (FIND) has net assets worth CA$5.70 Million CAD (≈ $4.12 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$11.41 Million ≈ $8.25 Million USD) and total liabilities (CA$5.71 Million ≈ $4.13 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 Baselode Energy Corp (FIND) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$5.70 Million |
| % of Total Assets | 49.93% |
| Annual Growth Rate | 78.59% |
| 5-Year Change | 30.49% |
| 10-Year Change | N/A |
| Growth Volatility | 1006.92 |
Baselode Energy Corp - Net Assets Trend (2018–2024)
This chart illustrates how Baselode Energy Corp's net assets have evolved over time, based on quarterly financial data. Also explore Baselode Energy Corp total assets for the complete picture of this company's asset base.
Annual Net Assets for Baselode Energy Corp (2018–2024)
The table below shows the annual net assets of Baselode Energy Corp from 2018 to 2024. For live valuation and market cap data, see Baselode Energy Corp stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$7.70 Million ≈ $5.57 Million |
-42.05% |
| 2023-12-31 | CA$13.29 Million ≈ $9.61 Million |
+98.90% |
| 2022-12-31 | CA$6.68 Million ≈ $4.83 Million |
-67.49% |
| 2021-12-31 | CA$20.55 Million ≈ $14.87 Million |
+248.21% |
| 2020-12-31 | CA$5.90 Million ≈ $4.27 Million |
+2731.87% |
| 2019-12-31 | CA$208.41K ≈ $150.76K |
-12.14% |
| 2018-12-31 | CA$237.21K ≈ $171.59K |
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Equity Component Analysis
This analysis shows how different components contribute to Baselode Energy 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 4566380200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$53.46 Million | 694.12% |
| Total Equity | CA$7.70 Million | 100.00% |
Baselode Energy Corp Competitors by Market Cap
The table below lists competitors of Baselode Energy Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SINTX Technologies Inc
NASDAQ:SINT
|
$9.28 Million |
|
Auriginal Mining Corp.
V:AUME
|
$9.29 Million |
|
USWE Sports AB
ST:USWE
|
$9.29 Million |
|
Reliance Chemotex Industries Limited
NSE:RELCHEMQ
|
$9.30 Million |
|
WALLBOX N.V. CL.A EO-12
F:67E
|
$9.27 Million |
|
SOS Limited
NYSE:SOS
|
$9.27 Million |
|
CalciMedica, Inc. Common Stock
NASDAQ:CALC
|
$9.27 Million |
|
Tay Ninh Cable Car Tour Co.
VN:TCT
|
$9.26 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Baselode Energy Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 13,289,633 to 7,701,438, a change of -5,588,195 (-42.0%).
- Net loss of 9,823,918 reduced equity.
- New share issuances of 5,469,455 increased equity.
- Other factors decreased equity by 1,233,732.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-9.82 Million | -127.56% |
| Share Issuances | CA$5.47 Million | +71.02% |
| Other Changes | CA$-1.23 Million | -16.02% |
| Total Change | CA$- | -42.05% |
Book Value vs Market Value Analysis
This analysis compares Baselode Energy 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: 4.25x
- 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 4.65x to 4.25x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | CA$0.05 | CA$0.25 | x |
| 2019-12-31 | CA$0.05 | CA$0.25 | x |
| 2020-12-31 | CA$0.12 | CA$0.25 | x |
| 2021-12-31 | CA$0.25 | CA$0.25 | x |
| 2022-12-31 | CA$0.07 | CA$0.25 | x |
| 2023-12-31 | CA$0.11 | CA$0.25 | x |
| 2024-12-31 | CA$0.06 | CA$0.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Baselode Energy Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -127.56%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.41x
- Recent ROE (-127.56%) is below the historical average (-91.89%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -13.82% | 0.00% | 0.00x | 1.06x | CA$-49.64K |
| 2020 | -43.81% | 0.00% | 0.00x | 1.10x | CA$-3.18 Million |
| 2021 | -34.03% | 0.00% | 0.00x | 1.01x | CA$-9.05 Million |
| 2022 | -270.94% | 0.00% | 0.00x | 1.23x | CA$-18.77 Million |
| 2023 | -61.18% | 0.00% | 0.00x | 1.23x | CA$-9.46 Million |
| 2024 | -127.56% | 0.00% | 0.00x | 1.41x | CA$-10.59 Million |
Industry Comparison
This section compares Baselode Energy Corp's net assets metrics with peer companies in the Uranium industry.
Industry Context
- Industry: Uranium
- Average net assets among peers: $693,076,290
- Average return on equity (ROE) among peers: -69.67%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Baselode Energy Corp (FIND) | CA$5.70 Million | -13.82% | 1.00x | $9.27 Million |
| Azincourt Uranium Inc (AAZ) | $14.32 Million | -67.41% | 0.01x | $4.88 Million |
| Anfield Resources Inc (AEC) | $3.41 Million | -30.02% | 0.37x | $82.04 Million |
| Blue Sky Uranium Corp (BSK) | $-457.27K | 0.00% | 0.00x | $17.28 Million |
| Cameco Corp (CCO) | $5.39 Billion | 9.54% | 0.42x | $51.55 Billion |
| Denison Mines Corp (DML) | $788.55 Million | 5.93% | 0.26x | $3.31 Billion |
| enCore Energy Corp. (EU) | $6.05 Million | -6.66% | 0.05x | $340.05 Million |
| Fission 3.0 Corp (FUU) | $11.57 Million | -39.72% | 0.01x | $86.84 Million |
| GoviEx Uranium Inc (GXU) | $19.62 Million | -118.05% | 2.36x | $31.42 Million |
| Indigo Exploration Inc. (IXI) | $174.56K | -380.63% | 0.85x | $2.16 Million |
About Baselode Energy Corp
Geiger Energy Corporation engages in the acquisition and exploration of mineral properties in Canada. The company primarily explores for uranium, silver, and cobalt deposits. Its flagship asset is its 100% owned Hook Project located in the northern Saskatchewan, Canada. The company was formerly known as Baselode Energy Corp. and changed its name to Geiger Energy Corporation in October 2025. The c… Read more