Grid Metals Corp Net Assets
Grid Metals Corp net assets. Based on the latest financial reports, Grid Metals Corp (GRDM) has net assets worth CA$3.72K CAD (≈ $2.69K 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$981.38K ≈ $709.91K USD) and total liabilities (CA$977.65K ≈ $707.22K 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 Grid Metals Corp (GRDM) equity growth momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$3.72K |
| % of Total Assets | 0.38% |
| Annual Growth Rate | -3.83% |
| 5-Year Change | -32.7% |
| 10-Year Change | -93.52% |
| Growth Volatility | 183.51 |
Net Assets of Grid Metals Corp (2001–2025)
Net assets of Grid Metals Corp from 2001 to 2025. This chart illustrates how Grid Metals Corp's net assets have evolved over time, based on quarterly financial data. See Grid Metals Corp (GRDM) net asset quality to measure how much of total assets are equity-financed.
Annual Net Assets for Grid Metals Corp (2001–2025)
The table below shows the annual net assets of Grid Metals Corp from 2001 to 2025. For live market cap and overall valuation, see Grid Metals Corp market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CA$1.67 Million ≈ $1.21 Million |
+838.19% |
| 2024-12-31 | CA$178.25K ≈ $128.95K |
-97.08% |
| 2023-12-31 | CA$6.10 Million ≈ $4.41 Million |
-46.99% |
| 2022-12-31 | CA$11.50 Million ≈ $8.32 Million |
+362.95% |
| 2021-12-31 | CA$2.49 Million ≈ $1.80 Million |
-92.00% |
| 2020-12-31 | CA$31.08 Million ≈ $22.48 Million |
+8.39% |
| 2019-12-31 | CA$28.67 Million ≈ $20.74 Million |
-0.89% |
| 2018-12-31 | CA$28.93 Million ≈ $20.93 Million |
-3.29% |
| 2017-12-31 | CA$29.91 Million ≈ $21.64 Million |
+15.94% |
| 2016-12-31 | CA$25.80 Million ≈ $18.66 Million |
-1.12% |
| 2015-12-31 | CA$26.09 Million ≈ $18.87 Million |
-8.46% |
| 2014-12-31 | CA$28.50 Million ≈ $20.62 Million |
-0.73% |
| 2013-12-31 | CA$28.71 Million ≈ $20.77 Million |
+1.62% |
| 2012-12-31 | CA$28.25 Million ≈ $20.44 Million |
+3.70% |
| 2011-12-31 | CA$27.25 Million ≈ $19.71 Million |
+14.88% |
| 2010-12-31 | CA$23.72 Million ≈ $17.16 Million |
+17.10% |
| 2009-12-31 | CA$20.25 Million ≈ $14.65 Million |
+6.20% |
| 2008-12-31 | CA$19.07 Million ≈ $13.80 Million |
+5.76% |
| 2007-12-31 | CA$18.03 Million ≈ $13.04 Million |
+49.72% |
| 2006-12-31 | CA$12.04 Million ≈ $8.71 Million |
+26.78% |
| 2005-12-31 | CA$9.50 Million ≈ $6.87 Million |
-12.17% |
| 2004-12-31 | CA$10.82 Million ≈ $7.82 Million |
+17.85% |
| 2003-12-31 | CA$9.18 Million ≈ $6.64 Million |
+103.09% |
| 2002-12-31 | CA$4.52 Million ≈ $3.27 Million |
+5.77% |
| 2001-12-31 | CA$4.27 Million ≈ $3.09 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Grid Metals 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 decreased by 7228669900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Grid Metals Corp Net Assets Breakdown (December 2025)
Grid Metals Corp net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$77.73 Million | 4647.70% |
| Total Equity | CA$1.67 Million | 100.00% |
Grid Metals Corp Competitors by Market Cap
The table below lists competitors of Grid Metals Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tingsvalvet Fastighets AB
ST:TINGS-A
|
$31.19 Million |
|
Ant Precision Industry Co Ltd
TWO:3646
|
$31.20 Million |
|
Burcelik Bursa Celik Dokum Sanayi AS
IS:BURCE
|
$31.21 Million |
|
Projektengagemang Sweden AB (publ)
ST:PENG-B
|
$31.21 Million |
|
InBioGen Co Ltd
KO:101140
|
$31.16 Million |
|
Kyung Chang Industrial Co. Ltd
KQ:024910
|
$31.16 Million |
|
Pyung Hwa Hldg
KO:010770
|
$31.16 Million |
|
Wijaya Karya Beton
JK:WTON
|
$31.15 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Grid Metals Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 178,255 to 1,672,374, a change of 1,494,119 (838.2%).
- Net loss of 2,274,585 reduced equity.
- Other factors increased equity by 3,768,704.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-2.27 Million | -136.01% |
| Other Changes | CA$3.77 Million | +225.35% |
| Total Change | CA$- | 838.19% |
Book Value vs Market Value Analysis
This analysis compares Grid Metals 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: 25.80x
- 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 0.08x to 25.80x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | CA$2.45 | CA$0.19 | x |
| 2002-12-31 | CA$2.50 | CA$0.19 | x |
| 2003-12-31 | CA$3.91 | CA$0.19 | x |
| 2004-12-31 | CA$2.74 | CA$0.19 | x |
| 2005-12-31 | CA$2.11 | CA$0.19 | x |
| 2006-12-31 | CA$2.26 | CA$0.19 | x |
| 2007-12-31 | CA$2.78 | CA$0.19 | x |
| 2008-12-31 | CA$2.49 | CA$0.19 | x |
| 2009-12-31 | CA$2.47 | CA$0.19 | x |
| 2010-12-31 | CA$2.50 | CA$0.19 | x |
| 2011-12-31 | CA$1.74 | CA$0.19 | x |
| 2012-12-31 | CA$1.43 | CA$0.19 | x |
| 2013-12-31 | CA$1.25 | CA$0.19 | x |
| 2014-12-31 | CA$1.24 | CA$0.19 | x |
| 2015-12-31 | CA$1.02 | CA$0.19 | x |
| 2016-12-31 | CA$1.01 | CA$0.19 | x |
| 2017-12-31 | CA$1.08 | CA$0.19 | x |
| 2018-12-31 | CA$0.69 | CA$0.19 | x |
| 2019-12-31 | CA$0.67 | CA$0.19 | x |
| 2020-12-31 | CA$0.52 | CA$0.19 | x |
| 2021-12-31 | CA$0.03 | CA$0.19 | x |
| 2022-12-31 | CA$0.09 | CA$0.19 | x |
| 2023-12-31 | CA$0.03 | CA$0.19 | x |
| 2024-12-31 | CA$0.00 | CA$0.19 | x |
| 2025-12-31 | CA$0.01 | CA$0.19 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Grid Metals Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -136.01%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.83x
- Recent ROE (-136.01%) is above the historical average (-161.61%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | -31.95% | 0.00% | 0.00x | 1.02x | CA$-1.79 Million |
| 2002 | -23.99% | 0.00% | 0.00x | 1.04x | CA$-1.54 Million |
| 2003 | -16.82% | 0.00% | 0.00x | 1.03x | CA$-2.46 Million |
| 2004 | -21.96% | 0.00% | 0.00x | 1.19x | CA$-3.46 Million |
| 2005 | -56.92% | 0.00% | 0.00x | 1.27x | CA$-6.27 Million |
| 2006 | -4.41% | 0.00% | 0.00x | 1.20x | CA$-1.73 Million |
| 2007 | -2.10% | 0.00% | 0.00x | 1.10x | CA$-2.18 Million |
| 2008 | -3.06% | 0.00% | 0.00x | 1.13x | CA$-2.49 Million |
| 2009 | -1.43% | 0.00% | 0.00x | 1.10x | CA$-2.31 Million |
| 2010 | -1.20% | 0.00% | 0.00x | 1.22x | CA$-2.66 Million |
| 2011 | -1.58% | 0.00% | 0.00x | 1.09x | CA$-3.16 Million |
| 2012 | -4.30% | 0.00% | 0.00x | 1.07x | CA$-4.04 Million |
| 2013 | 0.41% | 0.00% | 0.00x | 1.04x | CA$-2.75 Million |
| 2014 | -1.34% | 0.00% | 0.00x | 1.05x | CA$-3.23 Million |
| 2015 | -9.97% | 0.00% | 0.00x | 1.07x | CA$-5.21 Million |
| 2016 | -1.12% | 0.00% | 0.00x | 1.08x | CA$-2.87 Million |
| 2017 | -0.11% | 0.00% | 0.00x | 1.02x | CA$-3.02 Million |
| 2018 | -3.60% | 0.00% | 0.00x | 1.01x | CA$-3.93 Million |
| 2019 | -2.30% | 0.00% | 0.00x | 1.01x | CA$-3.53 Million |
| 2020 | -7.45% | 0.00% | 0.00x | 1.05x | CA$-5.42 Million |
| 2021 | -155.03% | 0.00% | 0.00x | 1.21x | CA$-4.10 Million |
| 2022 | 2.40% | 0.00% | 0.00x | 1.12x | CA$-874.71K |
| 2023 | -170.08% | 0.00% | 0.00x | 2.10x | CA$-10.98 Million |
| 2024 | -3386.37% | 0.00% | 0.00x | 8.61x | CA$-6.05 Million |
| 2025 | -136.01% | 0.00% | 0.00x | 1.83x | CA$-2.44 Million |
Industry Comparison
This section compares Grid Metals 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: $55,967,750
- Average return on equity (ROE) among peers: -20.42%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Grid Metals Corp (GRDM) | CA$3.72K | -31.95% | 262.53x | $31.19 Million |
| Aftermath Silver Ltd (AAG) | $23.92 Million | -29.78% | 0.34x | $98.74 Million |
| Aton Resources Inc (AAN) | $-460.93K | 0.00% | 0.00x | $30.43 Million |
| Arbor Metals Corp (ABR) | $700.32K | -22.12% | 0.03x | $3.75 Million |
| Asiabasemetals Inc (ABZ) | $-820.83K | 0.00% | 0.00x | $1.82 Million |
| Adex Mining Inc (ADE) | $-81.43K | 0.00% | 0.00x | $67.72 Million |
| Alphamin Res (AFM) | $390.07 Million | 25.84% | 0.48x | $1.16 Billion |
| Silver X Mining Corp (AGX) | $38.37 Million | -47.47% | 0.73x | $130.65 Million |
| Amarc Resources Ltd. (AHR) | $4.65 Million | -88.11% | 0.01x | $166.98 Million |
| Almonty Industries Inc (AII) | $39.07 Million | -41.71% | 5.56x | $3.18 Billion |
| Aldebaran Resources Inc (ALDE) | $64.26 Million | -0.85% | 0.01x | $440.09 Million |
About Grid Metals Corp
Grid Metals Corp. explores and develops base and precious metal mineral properties in Canada. The company explores for nickel, copper, cobalt, lithium, cesium, palladium, and platinum deposits. It owns the Makwa property located in Manitoba. Grid Metals Corp. is headquartered in Toronto, Canada.