Focus Graphite Inc Net Assets

Latest as of June 2026: CA$-2.41 Million CAD ≈ $-1.74 Million USD

Focus Graphite Inc net assets. Based on the latest financial reports, Focus Graphite Inc (FMS) has net assets worth CA$-2.41 Million CAD (≈ $-1.74 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$1.46 Million ≈ $1.06 Million USD) and total liabilities (CA$3.87 Million ≈ $2.80 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. Also explore how fast is Focus Graphite Inc growing its equity to track the company's year-over-year net asset growth rate.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CA$-2.41 Million
% of Total Assets	-164.97%
Annual Growth Rate	N/A
5-Year Change	-112.1%
10-Year Change	-113.67%
Growth Volatility	452.87

Net Assets of Focus Graphite Inc (2006–2025)

Net assets of Focus Graphite Inc from 2006 to 2025. This chart illustrates how Focus Graphite Inc's net assets have evolved over time, based on quarterly financial data. See debt-free asset ratio of Focus Graphite Inc to measure how much of total assets are equity-financed.

Annual Net Assets for Focus Graphite Inc (2006–2025)

The table below shows the annual net assets of Focus Graphite Inc from 2006 to 2025. For live market cap and overall valuation, see Focus Graphite Inc (FMS) market capitalisation.

Year	Net Assets	Change
2025-09-30	CA$-3.60 Million ≈ $-2.60 Million	+34.32%
2024-09-30	CA$-5.48 Million ≈ $-3.96 Million	-116.29%
2023-09-30	CA$33.61 Million ≈ $24.31 Million	-0.29%
2022-09-30	CA$33.70 Million ≈ $24.38 Million	+13.38%
2021-09-30	CA$29.73 Million ≈ $21.50 Million	+33.60%
2020-09-30	CA$22.25 Million ≈ $16.10 Million	-19.73%
2019-09-30	CA$27.72 Million ≈ $20.05 Million	-10.71%
2018-09-30	CA$31.05 Million ≈ $22.46 Million	+15.28%
2017-09-30	CA$26.93 Million ≈ $19.48 Million	+2.34%
2016-09-30	CA$26.31 Million ≈ $19.04 Million	+2.83%
2015-09-30	CA$25.59 Million ≈ $18.51 Million	-3.62%
2014-09-30	CA$26.55 Million ≈ $19.21 Million	-11.99%
2013-09-30	CA$30.17 Million ≈ $21.82 Million	+23.26%
2012-09-30	CA$24.48 Million ≈ $17.71 Million	+3.58%
2011-09-30	CA$23.63 Million ≈ $17.09 Million	+1748.30%
2010-09-30	CA$1.28 Million ≈ $924.82K	+1032.89%
2009-09-30	CA$-137.04K ≈ $-99.14K	+37.27%
2008-09-30	CA$-218.46K ≈ $-158.03K	-249.65%
2007-09-30	CA$-62.48K ≈ $-45.20K	-43.70%
2006-09-30	CA$-43.48K ≈ $-31.45K	--

Equity Component Analysis

This analysis shows how different components contribute to Focus Graphite 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 10373651900.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Focus Graphite Inc Net Assets Breakdown (September 2025)

Focus Graphite Inc net assets breakdown by equity component as of September 2025.

Component	Amount	Percentage
Other Components	CA$100.66 Million	%
Total Equity	CA$-3.60 Million	100.00%

Focus Graphite Inc Competitors by Market Cap

The table below lists competitors of Focus Graphite Inc ranked by their market capitalization.

Company	Market Cap
Harte Hanks Inc NASDAQ:HHS	$28.85 Million
Uvre Ltd AU:UVA	$28.85 Million
Ashima Limited NSE:ASHIMASYN	$28.85 Million
IMCO Industries Ltd TA:IMCO	$28.85 Million
Eyepoint Pharmaceuticals Inc NASDAQ:EYPT	$28.84 Million
Sentronic International TWO:3232	$28.83 Million
Sh E & Chemical Co. Ltd. KO:002360	$28.82 Million
Creative Realities Inc NASDAQ:CREX	$28.81 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Focus Graphite Inc's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from -5,475,007 to -3,596,075, a change of 1,878,932.
Net loss of 2,598,663 reduced equity.
New share issuances of 2,058,500 increased equity.
Other factors increased equity by 2,419,095.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CA$-2.60 Million	-72.26%
Share Issuances	CA$2.06 Million	+57.24%
Other Changes	CA$2.42 Million	+67.27%
Total Change	CA$-	%

Book Value vs Market Value Analysis

This analysis compares Focus Graphite 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

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2006-09-30	CA$-0.02	CA$0.36	x
2007-09-30	CA$-0.08	CA$0.36	x
2008-09-30	CA$-0.29	CA$0.36	x
2009-09-30	CA$-0.13	CA$0.36	x
2010-09-30	CA$0.48	CA$0.36	x
2011-09-30	CA$3.64	CA$0.36	x
2012-09-30	CA$2.61	CA$0.36	x
2013-09-30	CA$2.88	CA$0.36	x
2014-09-30	CA$2.48	CA$0.36	x
2015-09-30	CA$2.20	CA$0.36	x
2016-09-30	CA$1.80	CA$0.36	x
2017-09-30	CA$1.34	CA$0.36	x
2018-09-30	CA$0.92	CA$0.36	x
2019-09-30	CA$0.75	CA$0.36	x
2020-09-30	CA$0.60	CA$0.36	x
2021-09-30	CA$0.67	CA$0.36	x
2022-09-30	CA$0.63	CA$0.36	x
2023-09-30	CA$0.59	CA$0.36	x
2024-09-30	CA$-0.09	CA$0.36	x
2025-09-30	CA$-0.04	CA$0.36	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Focus Graphite 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): 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 (-12.87%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2006	0.00%	-12.80%	1.75x	0.00x	CA$-132.00
2007	0.00%	0.00%	0.00x	0.00x	CA$-12.75K
2008	0.00%	0.00%	0.00x	0.00x	CA$-134.13K
2009	0.00%	0.00%	0.00x	0.00x	CA$-226.88K
2010	-30.38%	0.00%	0.00x	1.19x	CA$-516.20K
2011	-14.29%	0.00%	0.00x	1.01x	CA$-5.74 Million
2012	-42.57%	0.00%	0.00x	1.42x	CA$-12.46 Million
2013	-11.01%	0.00%	0.00x	1.14x	CA$-6.34 Million
2014	-22.79%	0.00%	0.00x	1.14x	CA$-8.71 Million
2015	-19.60%	0.00%	0.00x	1.07x	CA$-7.57 Million
2016	-13.92%	0.00%	0.00x	1.09x	CA$-6.29 Million
2017	-24.24%	-44105.34%	0.00x	1.06x	CA$-9.22 Million
2018	-6.93%	0.00%	0.00x	1.07x	CA$-5.26 Million
2019	-16.22%	0.00%	0.00x	1.25x	CA$-7.27 Million
2020	-25.20%	0.00%	0.00x	1.29x	CA$-7.83 Million
2021	-10.24%	0.00%	0.00x	1.20x	CA$-6.02 Million
2022	-14.26%	0.00%	0.00x	1.18x	CA$-8.18 Million
2023	-5.68%	0.00%	0.00x	1.16x	CA$-5.27 Million
2024	0.00%	0.00%	0.00x	0.00x	CA$-1.43 Million
2025	0.00%	0.00%	0.00x	0.00x	CA$-2.24 Million

Industry Comparison

This section compares Focus Graphite 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: $11,578,124
Average return on equity (ROE) among peers: -56.27%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Focus Graphite Inc (FMS)	CA$-2.41 Million	0.00%	N/A	$28.85 Million
Aftermath Silver Ltd (AAG)	$-31.00K	0.00%	0.00x	$98.74 Million
Aton Resources Inc (AAN)	$-1.00 Million	0.00%	0.00x	$30.43 Million
Arbor Metals Corp (ABR)	$10.98 Million	-14.09%	0.06x	$3.75 Million
Asiabasemetals Inc (ABZ)	$262.22K	-168.47%	0.12x	$1.82 Million
Adex Mining Inc (ADE)	$-4.38 Million	0.00%	0.00x	$67.72 Million
Alphamin Res (AFM)	$159.81K	-280.73%	0.49x	$1.16 Billion
Silver X Mining Corp (AGX)	$6.99 Million	-54.56%	0.04x	$130.65 Million
Amarc Resources Ltd. (AHR)	$-809.72K	0.00%	0.00x	$166.98 Million
Almonty Industries Inc (AII)	$39.07 Million	-41.71%	5.56x	$3.18 Billion
Aldebaran Resources Inc (ALDE)	$64.54 Million	-3.09%	0.01x	$440.09 Million

About Focus Graphite Inc

V:FMS Canada Other Industrial Metals & Mining

Market Cap

$28.85 Million

CA$39.88 Million CAD

Market Cap Rank

#23742 Global

#866 in Canada

Share Price

CA$0.36

Change (1 day)

-5.26%

52-Week Range

CA$0.32 - CA$0.66

All Time High

CA$2.50