Geomega Resources Inc (GMA) - Net Assets
Based on the latest financial reports, Geomega Resources Inc (GMA) has net assets worth CA$1.71 Million CAD (≈ $1.24 Million USD) as of May 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$7.68 Million ≈ $5.56 Million USD) and total liabilities (CA$5.97 Million ≈ $4.32 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 Geomega Resources Inc liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$1.71 Million |
| % of Total Assets | 22.31% |
| Annual Growth Rate | 15.43% |
| 5-Year Change | -63.71% |
| 10-Year Change | 61.59% |
| Growth Volatility | 1258.15 |
Geomega Resources Inc - Net Assets Trend (2010–2025)
This chart illustrates how Geomega Resources Inc's net assets have evolved over time, based on quarterly financial data. Also explore Geomega Resources Inc asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Geomega Resources Inc (2010–2025)
The table below shows the annual net assets of Geomega Resources Inc from 2010 to 2025. For live valuation and market cap data, see GMA market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-05-31 | CA$1.71 Million ≈ $1.24 Million |
-52.50% |
| 2024-05-31 | CA$3.61 Million ≈ $2.61 Million |
-31.65% |
| 2023-05-31 | CA$5.28 Million ≈ $3.82 Million |
-18.09% |
| 2022-05-31 | CA$6.44 Million ≈ $4.66 Million |
+36.50% |
| 2021-05-31 | CA$4.72 Million ≈ $3.42 Million |
+138.54% |
| 2020-05-31 | CA$1.98 Million ≈ $1.43 Million |
+48.82% |
| 2019-05-31 | CA$1.33 Million ≈ $962.03K |
-23.39% |
| 2018-05-31 | CA$1.74 Million ≈ $1.26 Million |
+38.80% |
| 2017-05-31 | CA$1.25 Million ≈ $904.67K |
+17.94% |
| 2016-05-31 | CA$1.06 Million ≈ $767.04K |
+48.24% |
| 2015-05-31 | CA$715.32K ≈ $517.45K |
-96.33% |
| 2014-05-31 | CA$19.47 Million ≈ $14.08 Million |
+19.09% |
| 2013-05-31 | CA$16.35 Million ≈ $11.83 Million |
+0.18% |
| 2012-05-31 | CA$16.32 Million ≈ $11.81 Million |
+59.00% |
| 2011-05-31 | CA$10.26 Million ≈ $7.42 Million |
+5052.53% |
| 2010-05-31 | CA$199.20K ≈ $144.10K |
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Equity Component Analysis
This analysis shows how different components contribute to Geomega Resources 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 4339061200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (May 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$45.23 Million | 2639.95% |
| Total Equity | CA$1.71 Million | 100.00% |
Geomega Resources Inc Competitors by Market Cap
The table below lists competitors of Geomega Resources Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TINYBUILD REGSCAT3 DL-001
F:8Z3
|
$30.68 Million |
|
Quilter PLC
LSE:QLT
|
$30.68 Million |
|
Eldav-L
TA:ELDAV
|
$30.70 Million |
|
Nordic Iron Ore
ST:NIO
|
$30.70 Million |
|
Net Digital AG
XETRA:VRL
|
$30.66 Million |
|
CQV Co. Ltd
KQ:101240
|
$30.65 Million |
|
Altustfi
WAR:ALI
|
$30.63 Million |
|
Ascendis Health Ltd
JSE:ASC
|
$30.61 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Geomega Resources Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,607,486 to 1,713,472, a change of -1,894,014 (-52.5%).
- Net loss of 2,584,724 reduced equity.
- Other comprehensive income decreased equity by 990,705.
- Other factors increased equity by 1,681,415.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-2.58 Million | -150.85% |
| Other Comprehensive Income | CA$-990.71K | -57.82% |
| Other Changes | CA$1.68 Million | +98.13% |
| Total Change | CA$- | -52.50% |
Book Value vs Market Value Analysis
This analysis compares Geomega Resources 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: 23.85x
- 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 increased from 3.66x to 23.85x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-05-31 | CA$0.08 | CA$0.29 | x |
| 2011-05-31 | CA$0.85 | CA$0.29 | x |
| 2012-05-31 | CA$0.70 | CA$0.29 | x |
| 2013-05-31 | CA$0.51 | CA$0.29 | x |
| 2014-05-31 | CA$0.48 | CA$0.29 | x |
| 2015-05-31 | CA$0.01 | CA$0.29 | x |
| 2016-05-31 | CA$0.02 | CA$0.29 | x |
| 2017-05-31 | CA$0.02 | CA$0.29 | x |
| 2018-05-31 | CA$0.02 | CA$0.29 | x |
| 2019-05-31 | CA$0.02 | CA$0.29 | x |
| 2020-05-31 | CA$0.02 | CA$0.29 | x |
| 2021-05-31 | CA$0.04 | CA$0.29 | x |
| 2022-05-31 | CA$0.05 | CA$0.29 | x |
| 2023-05-31 | CA$0.04 | CA$0.29 | x |
| 2024-05-31 | CA$0.03 | CA$0.29 | x |
| 2025-05-31 | CA$0.01 | CA$0.29 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Geomega Resources Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -150.85%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 4.48x
- Recent ROE (-150.85%) is below the historical average (-63.76%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | -55.70% | 0.00% | 0.00x | 1.06x | CA$-130.87K |
| 2011 | -21.86% | 0.00% | 0.00x | 1.04x | CA$-3.27 Million |
| 2012 | -22.30% | 0.00% | 0.00x | 1.13x | CA$-5.27 Million |
| 2013 | -14.32% | 0.00% | 0.00x | 1.14x | CA$-3.98 Million |
| 2014 | -6.32% | 0.00% | 0.00x | 1.04x | CA$-3.18 Million |
| 2015 | -322.58% | 0.00% | 0.00x | 1.60x | CA$-2.38 Million |
| 2016 | -149.85% | 0.00% | 0.00x | 1.58x | CA$-1.69 Million |
| 2017 | 14.80% | 0.00% | 0.00x | 1.68x | CA$60.43K |
| 2018 | -36.56% | 0.00% | 0.00x | 1.56x | CA$-818.04K |
| 2019 | -41.32% | 0.00% | 0.00x | 1.66x | CA$-700.79K |
| 2020 | -77.44% | 0.00% | 0.00x | 1.58x | CA$-1.73 Million |
| 2021 | -30.79% | 0.00% | 0.00x | 1.22x | CA$-1.93 Million |
| 2022 | -22.39% | -1094.10% | 0.02x | 1.17x | CA$-2.09 Million |
| 2023 | -26.54% | -234.08% | 0.06x | 1.77x | CA$-1.93 Million |
| 2024 | -56.06% | -435.69% | 0.06x | 2.19x | CA$-2.38 Million |
| 2025 | -150.85% | 0.00% | 0.00x | 4.48x | CA$-2.76 Million |
Industry Comparison
This section compares Geomega Resources 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: $49,314,810
- Average return on equity (ROE) among peers: -11.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Geomega Resources Inc (GMA) | CA$1.71 Million | -55.70% | 3.48x | $30.67 Million |
| Aftermath Silver Ltd (AAG) | $-553.41K | 0.00% | 0.00x | $185.75 Million |
| Aton Resources Inc (AAN) | $-1.13 Million | 0.00% | 0.00x | $49.79 Million |
| Arbor Metals Corp (ABR) | $1.00 Million | -16.27% | 0.02x | $10.75 Million |
| Asiabasemetals Inc (ABZ) | $717.72K | -45.73% | 0.05x | $4.67 Million |
| Adex Mining Inc (ADE) | $-30.95 Million | 0.00% | 0.00x | $27.09 Million |
| Alphamin Res (AFM) | $367.40 Million | 27.47% | 0.33x | $1.30 Billion |
| Silver X Mining Corp (AGX) | $38.37 Million | -47.47% | 0.73x | $148.73 Million |
| Amarc Resources Ltd. (AHR) | $14.00 Million | 5.93% | 0.01x | $148.33 Million |
| Almonty Industries Inc (AII) | $39.75 Million | -36.45% | 3.85x | $4.73 Billion |
| Aldebaran Resources Inc (ALDE) | $64.54 Million | -3.09% | 0.01x | $332.39 Million |
About Geomega Resources Inc
Geomega Resources Inc. engages in the acquisition, evaluation, and exploration of mining properties in Canada. The company explores for rare earth elements and niobium deposits. It owns a 100% interest in the Montviel property, which consists of 96 mining claims covering an area of 5,333 hectares located in Quebec. The company was incorporated in 2008 and is headquartered in Boucherville, Canada.