Gratomic Inc (GRAT) - Net Assets

Latest as of September 2024: CA$20.03 Million CAD ≈ $14.49 Million USD

Based on the latest financial reports, Gratomic Inc (GRAT) has net assets worth CA$20.03 Million CAD (≈ $14.49 Million USD) as of September 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$27.13 Million ≈ $19.62 Million USD) and total liabilities (CA$7.10 Million ≈ $5.14 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 Gratomic Inc liquidity resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CA$20.03 Million
% of Total Assets	73.82%
Annual Growth Rate	N/A
5-Year Change	192.56%
10-Year Change	N/A
Growth Volatility	241.26

Gratomic Inc - Net Assets Trend (2007–2023)

This chart illustrates how Gratomic Inc's net assets have evolved over time, based on quarterly financial data. Also explore how large is Gratomic Inc's balance sheet for the complete picture of this company's asset base.

Annual Net Assets for Gratomic Inc (2007–2023)

The table below shows the annual net assets of Gratomic Inc from 2007 to 2023. For live valuation and market cap data, see GRAT company net worth.

Year	Net Assets	Change
2023-12-31	CA$21.87 Million ≈ $15.82 Million	-5.39%
2022-12-31	CA$23.11 Million ≈ $16.72 Million	+4.42%
2021-12-31	CA$22.13 Million ≈ $16.01 Million	+158.35%
2020-12-31	CA$8.57 Million ≈ $6.20 Million	+14.62%
2019-12-31	CA$7.47 Million ≈ $5.41 Million	-25.95%
2018-12-31	CA$10.09 Million ≈ $7.30 Million	+42.96%
2017-12-31	CA$7.06 Million ≈ $5.11 Million	+194.69%
2016-12-31	CA$2.40 Million ≈ $1.73 Million	+120.29%
2015-12-31	CA$1.09 Million ≈ $786.71K	+633.00%
2014-12-31	CA$-204.04K ≈ $-147.60K	-764.16%
2013-12-31	CA$30.72K ≈ $22.22K	-23.16%
2012-12-31	CA$39.98K ≈ $28.92K	-98.60%
2011-12-31	CA$2.85 Million ≈ $2.06 Million	+135.12%
2010-12-31	CA$1.21 Million ≈ $877.18K	-16.97%
2009-12-31	CA$1.46 Million ≈ $1.06 Million	+349.91%
2008-12-31	CA$324.60K ≈ $234.81K	+5612.89%
2007-12-31	CA$-5.89K ≈ $-4.26K	--

Equity Component Analysis

This analysis shows how different components contribute to Gratomic 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 9057927400.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2023)

Component	Amount	Percentage
Other Components	CA$112.45 Million	514.26%
Total Equity	CA$21.87 Million	100.00%

Gratomic Inc Competitors by Market Cap

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

Company	Market Cap
Terregra Asia Energy PT JK:TGRA	$4.35 Million
Foresight Solar Fund Ltd LSE:FSFL	$4.35 Million
Simble Solutions Ltd AU:SIS	$4.35 Million
Aptose Biosciences Inc TO:APS	$4.36 Million
Groupe JAJ PA:GJAJ	$4.34 Million
Zenvia Inc NASDAQ:ZENV	$4.34 Million
Binani Industries Limited NSE:BINANIIND	$4.34 Million
Celtic plc LSE:CCPC	$4.33 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2022 to 2023, total equity changed from 23,111,944 to 21,866,563, a change of -1,245,381 (-5.4%).
Net loss of 5,310,252 reduced equity.
New share issuances of 4,114,679 increased equity.
Other comprehensive income decreased equity by 19,308,280.
Other factors increased equity by 19,258,472.

Equity Change Factors (2022 to 2023)

Factor	Impact	Contribution
Net Income	CA$-5.31 Million	-24.28%
Share Issuances	CA$4.11 Million	+18.82%
Other Comprehensive Income	CA$-19.31 Million	-88.3%
Other Changes	CA$19.26 Million	+88.07%
Total Change	CA$-	-5.39%

Book Value vs Market Value Analysis

This analysis compares Gratomic 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: 0.27x
The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2007-12-31	CA$-0.01	CA$0.03	x
2008-12-31	CA$1.64	CA$0.03	x
2009-12-31	CA$2.17	CA$0.03	x
2010-12-31	CA$1.04	CA$0.03	x
2011-12-31	CA$8.51	CA$0.03	x
2012-12-31	CA$0.08	CA$0.03	x
2013-12-31	CA$0.01	CA$0.03	x
2014-12-31	CA$-0.04	CA$0.03	x
2015-12-31	CA$0.07	CA$0.03	x
2016-12-31	CA$0.07	CA$0.03	x
2017-12-31	CA$0.08	CA$0.03	x
2018-12-31	CA$0.35	CA$0.03	x
2019-12-31	CA$0.17	CA$0.03	x
2020-12-31	CA$0.14	CA$0.03	x
2021-12-31	CA$0.15	CA$0.03	x
2022-12-31	CA$0.13	CA$0.03	x
2023-12-31	CA$0.11	CA$0.03	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Gratomic 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): -24.28%
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: 1.26x
Recent ROE (-24.28%) is above the historical average (-754.50%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2007	0.00%	0.00%	0.00x	0.00x	CA$-5.30K
2008	-35.94%	-1780.28%	0.01x	1.44x	CA$-149.12K
2009	-17.38%	0.00%	0.00x	1.04x	CA$-399.88K
2010	-21.03%	0.00%	0.00x	1.09x	CA$-376.26K
2011	-38.79%	0.00%	0.00x	1.08x	CA$-1.39 Million
2012	-8726.60%	0.00%	0.00x	7.80x	CA$-3.49 Million
2013	-3578.24%	0.00%	0.00x	21.32x	CA$-1.10 Million
2014	0.00%	0.00%	0.00x	0.00x	CA$-925.72K
2015	-49.20%	0.00%	0.00x	1.30x	CA$-643.81K
2016	-25.56%	0.00%	0.00x	1.18x	CA$-851.88K
2017	-31.16%	0.00%	0.00x	1.25x	CA$-2.43 Million
2018	-38.95%	0.00%	0.00x	1.22x	CA$-4.27 Million
2019	-55.21%	0.00%	0.00x	1.47x	CA$-3.83 Million
2020	-52.53%	0.00%	0.00x	1.44x	CA$-4.34 Million
2021	-96.29%	0.00%	0.00x	1.04x	CA$-23.53 Million
2022	-35.30%	0.00%	0.00x	1.15x	CA$-10.47 Million
2023	-24.28%	0.00%	0.00x	1.26x	CA$-7.50 Million

Industry Comparison

This section compares Gratomic 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
Gratomic Inc (GRAT)	CA$20.03 Million	0.00%	0.35x	$4.35 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 Gratomic Inc

V:GRAT Canada Other Industrial Metals & Mining

Market Cap

$4.35 Million

CA$6.01 Million CAD

Market Cap Rank

#28625 Global

#1323 in Canada

Share Price

CA$0.03

Change (1 day)

+0.00%

52-Week Range

CA$0.03 - CA$0.03

All Time High

CA$1.76