Galway Metals Inc. (GWM) - Net Assets
Based on the latest financial reports, Galway Metals Inc. (GWM) has net assets worth CA$15.12 Million 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$17.52 Million) and total liabilities (CA$2.40 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$15.12 Million |
| % of Total Assets | 86.29% |
| Annual Growth Rate | 1.58% |
| 5-Year Change | -20.84% |
| 10-Year Change | 17.6% |
| Growth Volatility | 25.76 |
Galway Metals Inc. - Net Assets Trend (2012–2024)
This chart illustrates how Galway Metals 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 Galway Metals Inc. (2012–2024)
The table below shows the annual net assets of Galway Metals Inc. from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$16.14 Million | +26.35% |
| 2023-12-31 | CA$12.78 Million | -12.63% |
| 2022-12-31 | CA$14.62 Million | -10.10% |
| 2021-12-31 | CA$16.27 Million | -20.24% |
| 2020-12-31 | CA$20.39 Million | +78.25% |
| 2019-12-31 | CA$11.44 Million | -2.88% |
| 2018-12-31 | CA$11.78 Million | +11.04% |
| 2017-12-31 | CA$10.61 Million | -6.97% |
| 2016-12-31 | CA$11.40 Million | -16.93% |
| 2015-12-31 | CA$13.73 Million | +6.56% |
| 2014-12-31 | CA$12.88 Million | +7.66% |
| 2013-12-31 | CA$11.97 Million | -10.55% |
| 2012-12-31 | CA$13.38 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Galway Metals 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 7136026552.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$87.61 Million | 542.71% |
| Total Equity | CA$16.14 Million | 100.00% |
Galway Metals Inc. Competitors by Market Cap
The table below lists competitors of Galway Metals Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Asian Insulators PCL
BK:AI
|
$63.27 Million |
|
Wave Electronics Co. Ltd
KQ:095270
|
$63.28 Million |
|
Samwon Steel
KO:023000
|
$63.29 Million |
|
Hammond Manufacturing Company Limited
TO:HMM-A
|
$63.32 Million |
|
Electra Battery Materials Corp
NASDAQ:ELBM
|
$63.22 Million |
|
LEFORM
KLSE:0266
|
$63.21 Million |
|
SNC Former Public Company Limited
BK:SNC
|
$63.19 Million |
|
MAXST Co Ltd
KQ:377030
|
$63.18 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Galway Metals Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 12,776,238 to 16,143,183, a change of 3,366,945 (26.4%).
- Net loss of 5,774,718 reduced equity.
- New share issuances of 9,472,918 increased equity.
- Other comprehensive income decreased equity by 117,748.
- Other factors decreased equity by 213,507.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-5.77 Million | -35.77% |
| Share Issuances | CA$9.47 Million | +58.68% |
| Other Comprehensive Income | CA$-117.75K | -0.73% |
| Other Changes | CA$-213.51K | -1.32% |
| Total Change | CA$- | 26.35% |
Book Value vs Market Value Analysis
This analysis compares Galway Metals 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: 4.14x
- 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 0.87x to 4.14x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | CA$0.80 | CA$0.70 | x |
| 2013-12-31 | CA$0.72 | CA$0.70 | x |
| 2014-12-31 | CA$0.70 | CA$0.70 | x |
| 2015-12-31 | CA$0.72 | CA$0.70 | x |
| 2016-12-31 | CA$0.59 | CA$0.70 | x |
| 2017-12-31 | CA$0.51 | CA$0.70 | x |
| 2018-12-31 | CA$0.42 | CA$0.70 | x |
| 2019-12-31 | CA$0.30 | CA$0.70 | x |
| 2020-12-31 | CA$0.41 | CA$0.70 | x |
| 2021-12-31 | CA$0.28 | CA$0.70 | x |
| 2022-12-31 | CA$0.23 | CA$0.70 | x |
| 2023-12-31 | CA$0.18 | CA$0.70 | x |
| 2024-12-31 | CA$0.17 | CA$0.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Galway Metals Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -35.77%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.14x
- Recent ROE (-35.77%) is above the historical average (-38.53%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | -0.80% | 0.00% | 0.00x | 1.01x | CA$-1.44 Million |
| 2013 | -17.78% | 0.00% | 0.00x | 1.01x | CA$-3.32 Million |
| 2014 | 1.68% | 0.00% | 0.00x | 1.02x | CA$-1.07 Million |
| 2015 | 6.20% | 0.00% | 0.00x | 1.03x | CA$-521.86K |
| 2016 | -26.50% | 0.00% | 0.00x | 1.02x | CA$-4.16 Million |
| 2017 | -56.32% | 0.00% | 0.00x | 1.09x | CA$-7.04 Million |
| 2018 | -45.64% | 0.00% | 0.00x | 1.05x | CA$-6.55 Million |
| 2019 | -52.79% | 0.00% | 0.00x | 1.11x | CA$-7.18 Million |
| 2020 | -57.92% | 0.00% | 0.00x | 1.21x | CA$-13.85 Million |
| 2021 | -99.52% | 0.00% | 0.00x | 1.28x | CA$-17.82 Million |
| 2022 | -73.45% | 0.00% | 0.00x | 1.11x | CA$-12.20 Million |
| 2023 | -42.29% | 0.00% | 0.00x | 1.11x | CA$-6.68 Million |
| 2024 | -35.77% | 0.00% | 0.00x | 1.14x | CA$-7.39 Million |
Industry Comparison
This section compares Galway Metals Inc.'s net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $25,011,639
- Average return on equity (ROE) among peers: -23.30%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Galway Metals Inc. (GWM) | CA$15.12 Million | -0.80% | 0.16x | $63.25 Million |
| Abcourt Mines Inc. (ABI) | $27.66 Million | -3.28% | 0.35x | $86.06 Million |
| Athabasca Minerals Inc (ABM) | $13.38 Million | -3.65% | 0.02x | $3.68 Million |
| American Eagle Gold Corp (AE) | $830.83K | -165.75% | 0.05x | $148.82 Million |
| Aero Energy Limited (AERO) | $14.72 Million | -5.86% | 0.05x | $9.68 Million |
| AIS Resources Ltd (AIS) | $518.31K | -0.04% | 0.11x | $1.76 Million |
| Algo Grande Copper Corp. (ALGR) | $-251.88K | 0.00% | 0.00x | $9.71 Million |
| Alkane Resources Limited (ALK) | $191.56 Million | 29.08% | 0.23x | $985.87 Million |
| Alliance Mining Corp (ALM) | $-3.10 Million | 0.00% | 0.00x | $1.58 Million |
| Altamira Gold Corp (ALTA) | $822.20K | -78.33% | 0.24x | $38.60 Million |
| Argus Metals Corp. (AML) | $3.98 Million | -5.17% | 0.10x | $1.59 Million |
About Galway Metals Inc.
Galway Metals Inc. engages in the exploration and development of mineral properties in Canada. The company primarily explores for gold, zinc, copper, silver, and lead deposits. Its flagship project is the Clarence Stream project covering an area of approximately 60,465 hectares located in southwest New Brunswick, Canada. The company was incorporated in 2012 and is based in Toronto, Canada.