Tangelo Games Corp
Graphano Energy Ltd. focuses on evaluating, acquiring, and developing graphite resources in Canada. The company's flagship property is the Standard Graphite Project consisting of 6 claims covering an area of 355 hectares. The company was incorporated in 2020 and is based in Toronto, Canada. Graphano Energy Ltd. was formerly a subsidiary of Manganese X Energy Corp.
Tangelo Games Corp (GEL) - Net Assets
Latest net assets as of September 2025: CA$579.85K CAD
Based on the latest financial reports, Tangelo Games Corp (GEL) has net assets worth CA$579.85K CAD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$622.58K) and total liabilities (CA$42.73K). 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$579.85K |
| % of Total Assets | 93.14% |
| Annual Growth Rate | -15.49% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 1259.35 |
Tangelo Games Corp - Net Assets Trend (2013–2025)
This chart illustrates how Tangelo Games Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Tangelo Games Corp (2013–2025)
The table below shows the annual net assets of Tangelo Games Corp from 2013 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CA$690.96K | -44.20% |
| 2024-12-31 | CA$1.24 Million | -48.83% |
| 2023-12-31 | CA$2.42 Million | -29.58% |
| 2022-12-31 | CA$3.44 Million | +57382.40% |
| 2021-12-31 | CA$-6.00K | +99.98% |
| 2017-12-31 | CA$-36.55 Million | -553.29% |
| 2016-12-31 | CA$8.06 Million | -71.93% |
| 2015-12-31 | CA$28.73 Million | +3426.28% |
| 2014-12-31 | CA$814.64K | -84.35% |
| 2013-12-31 | CA$5.21 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tangelo Games 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 grown by 254088400.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$6.53 Million | 945.38% |
| Total Equity | CA$690.96K | 100.00% |
Tangelo Games Corp Competitors by Market Cap
The table below lists competitors of Tangelo Games Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GENMAB (GE9.SG)
STU:GE9
|
$2.24 Million |
|
Meihua International Medical Technologies Co Ltd
NASDAQ:MHUA
|
$2.24 Million |
|
Prospech Ltd
AU:PRS
|
$2.24 Million |
|
Kardan Israel Ltd
TA:KRDI
|
$2.24 Million |
|
BCB Bhd
KLSE:6602
|
$2.24 Million |
|
Korporacja Gospodarcza efekt S.A
WAR:EFK
|
$2.24 Million |
|
Mountain Boy Minerals Ltd
OTCQB:MBYMF
|
$2.23 Million |
|
ENERAQUA TECH.PLC LS-01
F:Y21
|
$2.23 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tangelo Games Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,238,321 to 690,957, a change of -547,364 (-44.2%).
- Net loss of 547,364 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-547.36K | -79.22% |
| Total Change | CA$- | -44.20% |
Book Value vs Market Value Analysis
This analysis compares Tangelo Games 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: 3.86x
- 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 |
|---|---|---|---|
| 2021-12-31 | CA$0.00 | CA$0.16 | x |
| 2022-12-31 | CA$0.20 | CA$0.16 | x |
| 2023-12-31 | CA$0.14 | CA$0.16 | x |
| 2024-12-31 | CA$0.07 | CA$0.16 | x |
| 2025-12-31 | CA$0.04 | CA$0.16 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tangelo Games Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -79.22%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.06x
- Recent ROE (-79.22%) is above the historical average (-158.53%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -99.58% | -3142.14% | 0.03x | 1.11x | CA$-5.71 Million |
| 2014 | -868.06% | 0.00% | 0.00x | 6.83x | CA$-7.15 Million |
| 2015 | -110.22% | -131.79% | 0.17x | 4.97x | CA$-34.53 Million |
| 2016 | -222.19% | -45.28% | 0.34x | 14.40x | CA$-18.72 Million |
| 2017 | 0.00% | -122.97% | 0.50x | 0.00x | CA$-40.01 Million |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-781.84K |
| 2022 | -66.33% | 0.00% | 0.00x | 1.06x | CA$-2.62 Million |
| 2023 | -42.46% | 0.00% | 0.00x | 1.01x | CA$-1.27 Million |
| 2024 | -97.22% | 0.00% | 0.00x | 1.33x | CA$-1.33 Million |
| 2025 | -79.22% | 0.00% | 0.00x | 1.06x | CA$-616.46K |
Industry Comparison
This section compares Tangelo Games 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: $30,833,953
- Average return on equity (ROE) among peers: -67.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tangelo Games Corp (GEL) | CA$579.85K | -99.58% | 0.07x | $2.24 Million |
| Asbestos Corporation Limited (AB-H) | $-20.02 Million | 0.00% | 0.00x | $467.16K |
| Asiabasemetals Inc (ABZ) | $-394.71K | 0.00% | 0.00x | $1.49 Million |
| Alphamin Res (AFM) | $310.73 Million | 15.51% | 0.36x | $456.79 Million |
| African Metals Corporation (AFR) | $942.26K | -69.83% | 0.14x | $409.36K |
| Bullet Exploration Inc (AMMO) | $2.16 Million | -41.07% | 24.74x | $3.15 Million |
| AM Resources Corp (AMR) | $596.66K | -503.92% | 1.17x | $2.45 Million |
| Andina Copper Corporation (ANDC) | $6.58 Million | -35.34% | 0.01x | $101.97 Million |
| Auriginal Mining Corp. (AUME) | $8.45 Million | -20.72% | 0.21x | $6.12 Million |
| Aurora Royalties Inc (AUR-H) | $350.13K | -16.93% | 0.05x | $266.34K |
| Balto Resources Ltd (BAL-H) | $-1.07 Million | 0.00% | 0.00x | $375.18K |