GoviEx Uranium Inc (GXU) - Net Assets
Based on the latest financial reports, GoviEx Uranium Inc (GXU) has net assets worth CA$6.92 Million CAD as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$9.12 Million) and total liabilities (CA$2.20 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$6.92 Million |
| % of Total Assets | 75.85% |
| Annual Growth Rate | -16.91% |
| 5-Year Change | -96.2% |
| 10-Year Change | -94.66% |
| Growth Volatility | 56.42 |
GoviEx Uranium Inc - Net Assets Trend (2013–2024)
This chart illustrates how GoviEx Uranium 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 GoviEx Uranium Inc (2013–2024)
The table below shows the annual net assets of GoviEx Uranium Inc from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$2.56 Million | -96.79% |
| 2023-12-31 | CA$79.51 Million | +8.90% |
| 2022-12-31 | CA$73.01 Million | +0.03% |
| 2021-12-31 | CA$72.99 Million | +8.43% |
| 2020-12-31 | CA$67.31 Million | -0.85% |
| 2019-12-31 | CA$67.89 Million | +4.15% |
| 2018-12-31 | CA$65.18 Million | +11.34% |
| 2017-12-31 | CA$58.55 Million | +1.06% |
| 2016-12-31 | CA$57.93 Million | +21.07% |
| 2015-12-31 | CA$47.85 Million | -6.63% |
| 2014-12-31 | CA$51.24 Million | +161.24% |
| 2013-12-31 | CA$19.62 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to GoviEx Uranium 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 16711200000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$320.40 Million | 12540.16% |
| Total Equity | CA$2.56 Million | 100.00% |
GoviEx Uranium Inc Competitors by Market Cap
The table below lists competitors of GoviEx Uranium Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Y-S Electronic Co Ltd
TWO:6418
|
$31.43 Million |
|
ML System S.A.
WAR:MLS
|
$31.45 Million |
|
CHINA TONTINE WINES
MU:CTE
|
$31.45 Million |
|
Iljin Display
KO:020760
|
$31.45 Million |
|
Zedge Inc
NYSE MKT:ZDGE
|
$31.42 Million |
|
Altustfi
WAR:ALI
|
$31.42 Million |
|
Forge Resources Corp.
F:5YZ
|
$31.42 Million |
|
Jeongsan Aikang Co.Ltd
KQ:022220
|
$31.41 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in GoviEx Uranium Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 69,580,000 to 2,555,000, a change of -67,025,000 (-96.3%).
- Net loss of 67,744,000 reduced equity.
- Other factors increased equity by 719,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-67.74 Million | -2651.43% |
| Other Changes | CA$719.00K | +28.14% |
| Total Change | CA$- | -96.33% |
Book Value vs Market Value Analysis
This analysis compares GoviEx Uranium 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: 13.52x
- 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 0.13x to 13.52x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | CA$0.34 | CA$0.04 | x |
| 2014-12-31 | CA$0.39 | CA$0.04 | x |
| 2015-12-31 | CA$0.32 | CA$0.04 | x |
| 2016-12-31 | CA$0.26 | CA$0.04 | x |
| 2017-12-31 | CA$0.18 | CA$0.04 | x |
| 2018-12-31 | CA$0.17 | CA$0.04 | x |
| 2019-12-31 | CA$0.13 | CA$0.04 | x |
| 2020-12-31 | CA$0.12 | CA$0.04 | x |
| 2021-12-31 | CA$0.12 | CA$0.04 | x |
| 2022-12-31 | CA$0.11 | CA$0.04 | x |
| 2023-12-31 | CA$0.09 | CA$0.04 | x |
| 2024-12-31 | CA$0.00 | CA$0.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently GoviEx Uranium Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -2651.43%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.78x
- Recent ROE (-2651.43%) is below the historical average (-244.27%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -118.05% | 0.00% | 0.00x | 3.36x | CA$-25.12 Million |
| 2014 | -61.35% | 0.00% | 0.00x | 1.20x | CA$-36.57 Million |
| 2015 | -10.98% | 0.00% | 0.00x | 1.23x | CA$-10.04 Million |
| 2016 | -1.00% | 0.00% | 0.00x | 1.13x | CA$-6.37 Million |
| 2017 | -10.34% | 0.00% | 0.00x | 1.16x | CA$-11.91 Million |
| 2018 | -0.56% | 0.00% | 0.00x | 1.13x | CA$-6.89 Million |
| 2019 | -15.30% | 0.00% | 0.00x | 1.28x | CA$-13.93 Million |
| 2020 | -10.82% | 0.00% | 0.00x | 1.31x | CA$-11.48 Million |
| 2021 | -16.12% | 0.00% | 0.00x | 1.29x | CA$-16.17 Million |
| 2022 | -15.17% | 0.00% | 0.00x | 1.18x | CA$-15.79 Million |
| 2023 | -20.05% | 0.00% | 0.00x | 1.16x | CA$-20.91 Million |
| 2024 | -2651.43% | 0.00% | 0.00x | 1.78x | CA$-68.00 Million |
Industry Comparison
This section compares GoviEx Uranium Inc's net assets metrics with peer companies in the Uranium industry.
Industry Context
- Industry: Uranium
- Average net assets among peers: $43,543,039
- Average return on equity (ROE) among peers: -82.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| GoviEx Uranium Inc (GXU) | CA$6.92 Million | -118.05% | 0.32x | $31.42 Million |
| Azincourt Uranium Inc (AAZ) | $697.61K | -69.16% | 0.27x | $4.50 Million |
| Anfield Resources Inc (AEC) | $-12.54 Million | 0.00% | 0.00x | $99.92 Million |
| Geiger Energy Corporation (BEEP) | $20.55 Million | -34.03% | 0.01x | $9.07 Million |
| Blue Sky Uranium Corp (BSK) | $1.11 Million | -503.24% | 0.81x | $20.42 Million |
| enCore Energy Corp. (EU) | $13.47 Million | -33.40% | 0.02x | $392.88 Million |
| Baselode Energy Corp (FIND) | $20.55 Million | -34.03% | 0.01x | $9.27 Million |
| Fission 3.0 Corp (FUU) | $44.25 Million | -23.00% | 0.14x | $95.98 Million |
| IsoEnergy Ltd. (ISO) | $303.02 Million | -6.17% | 0.15x | $640.93 Million |
| Indigo Exploration Inc. (IXI) | $785.38K | -42.16% | 0.15x | $2.16 Million |
About GoviEx Uranium Inc
GoviEx Uranium Inc., a mineral resources company, engages in the acquisition, exploration, and development of uranium properties in Africa. The company holds 100% interest in the Muntanga project with three contiguous mining permits covering an area of 1,136 km² located to the south of Lusaka, north of Lake Kariba, Zambia. It also has an option to acquire a 51% interest in the Lundazi exploration… Read more