Focus Graphite Inc (FMS) - Net Assets

Latest as of December 2025: CA$-403.39K CAD

Based on the latest financial reports, Focus Graphite Inc (FMS) has net assets worth CA$-403.39K CAD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$3.73 Million) and total liabilities (CA$4.13 Million). 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.

Key Net Assets Metrics

Metric Value
Current Net Assets CA$-403.39K
% of Total Assets -10.81%
Annual Growth Rate N/A
5-Year Change -112.1%
10-Year Change -113.67%
Growth Volatility 452.87

Focus Graphite Inc - Net Assets Trend (2006–2025)

This chart illustrates how Focus Graphite Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

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.

Year Net Assets Change
2025-09-30 CA$-3.60 Million +34.32%
2024-09-30 CA$-5.48 Million -116.29%
2023-09-30 CA$33.61 Million -0.29%
2022-09-30 CA$33.70 Million +13.38%
2021-09-30 CA$29.73 Million +33.60%
2020-09-30 CA$22.25 Million -19.73%
2019-09-30 CA$27.72 Million -10.71%
2018-09-30 CA$31.05 Million +15.28%
2017-09-30 CA$26.93 Million +2.34%
2016-09-30 CA$26.31 Million +2.83%
2015-09-30 CA$25.59 Million -3.62%
2014-09-30 CA$26.55 Million -11.99%
2013-09-30 CA$30.17 Million +23.26%
2012-09-30 CA$24.48 Million +3.58%
2011-09-30 CA$23.63 Million +1748.30%
2010-09-30 CA$1.28 Million +1032.89%
2009-09-30 CA$-137.04K +37.27%
2008-09-30 CA$-218.46K -249.65%
2007-09-30 CA$-62.48K -43.70%
2006-09-30 CA$-43.48K --

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.

Current Equity Component Breakdown (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
Chemlite Innovation Berhad
KLSE:0348
 		$29.37 Million
Art Emperor Technology And Culture Co., Ltd.
TWO:6650
 		$29.39 Million
Polygiene AB
ST:POLYG
 		$29.40 Million
Kirkland Lake Discoveries Corp.
V:KLDC
 		$29.40 Million
Karolinska Development AB ser. B
ST:KDEV
 		$29.36 Million
Earlypay Ltd
AU:EPY
 		$29.33 Million
PTL LTD Ordinary Shares
NASDAQ:PTLE
 		$29.29 Million
Saga Metals Corp.
V:SAGA
 		$29.29 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$0.38 x
2007-09-30 CA$-0.08 CA$0.38 x
2008-09-30 CA$-0.29 CA$0.38 x
2009-09-30 CA$-0.13 CA$0.38 x
2010-09-30 CA$0.48 CA$0.38 x
2011-09-30 CA$3.64 CA$0.38 x
2012-09-30 CA$2.61 CA$0.38 x
2013-09-30 CA$2.88 CA$0.38 x
2014-09-30 CA$2.48 CA$0.38 x
2015-09-30 CA$2.20 CA$0.38 x
2016-09-30 CA$1.80 CA$0.38 x
2017-09-30 CA$1.34 CA$0.38 x
2018-09-30 CA$0.92 CA$0.38 x
2019-09-30 CA$0.75 CA$0.38 x
2020-09-30 CA$0.60 CA$0.38 x
2021-09-30 CA$0.67 CA$0.38 x
2022-09-30 CA$0.63 CA$0.38 x
2023-09-30 CA$0.59 CA$0.38 x
2024-09-30 CA$-0.09 CA$0.38 x
2025-09-30 CA$-0.04 CA$0.38 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: $-404,510
  • Average return on equity (ROE) among peers: 31.84%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Focus Graphite Inc (FMS) CA$-403.39K 0.00% N/A $29.37 Million
Aftermath Silver Ltd (AAG) $25.06 Million -33.91% 0.29x $215.07 Million
Aton Resources Inc (AAN) $-1.50 Million 0.00% 0.00x $52.55 Million
Asbestos Corporation Limited (AB-H) $-22.33 Million 0.00% 0.00x $1.85 Million
Arbor Metals Corp (ABR) $3.78 Million -10.88% 0.34x $10.15 Million
Asiabasemetals Inc (ABZ) $-30.55K 0.00% 0.00x $5.75 Million
Adex Mining Inc (ADE) $-30.95 Million 0.00% 0.00x $27.09 Million
AE Fuels Corporation (AEF) $423.41K -11.49% 0.28x $4.95 Million
Alphamin Res (AFM) $272.15K -48.58% 0.07x $1.27 Billion
African Metals Corporation (AFR) $2.33 Million 446.81% 0.22x $1.00 Million
Silver X Mining Corp (AGX) $18.90 Million -23.55% 1.85x $148.73 Million

About Focus Graphite Inc

V:FMS Canada Other Industrial Metals & Mining
Market Cap
$29.37 Million
CA$40.60 Million CAD
Market Cap Rank
#26544 Global
#827 in Canada
Share Price
CA$0.38
Change (1 day)
+1.35%
52-Week Range
CA$0.08 - CA$0.66
All Time High
CA$2.50
Categories
Companies in Canada Other Industrial Metals & Mining
About

Focus Graphite Inc., an exploration stage company, acquires, explores, and develops mineral properties in Quebec, Canada. It primarily explores for graphite deposits. Its flagship project is the 100% owned Lac Knife property that consists of 57 claims covering an area of 29,863 hectares located in south of Fermont, Quebec. The Company's proprietary silicon-enhanced spheroidized graphite patent te… Read more