Leading Edge Materials Corp (LEM) - Net Assets

Latest as of October 2025: CA$24.01 Million CAD ≈ $17.37 Million USD

Based on the latest financial reports, Leading Edge Materials Corp (LEM) has net assets worth CA$24.01 Million CAD (≈ $17.37 Million USD) as of October 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$30.47 Million ≈ $22.04 Million USD) and total liabilities (CA$6.45 Million ≈ $4.67 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 how tangible is Leading Edge Materials Corp's equity to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CA$24.01 Million
% of Total Assets	78.82%
Annual Growth Rate	38.9%
5-Year Change	29.08%
10-Year Change	-12.11%
Growth Volatility	2151.95

Leading Edge Materials Corp - Net Assets Trend (2011–2025)

This chart illustrates how Leading Edge Materials Corp's net assets have evolved over time, based on quarterly financial data. See LEM days of operational coverage to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Leading Edge Materials Corp (2011–2025)

The table below shows the annual net assets of Leading Edge Materials Corp from 2011 to 2025. For live valuation and market cap data, see LEM company net worth.

Year	Net Assets	Change
2025-10-31	CA$24.01 Million ≈ $17.37 Million	+3.79%
2024-10-31	CA$23.14 Million ≈ $16.74 Million	+13.49%
2023-10-31	CA$20.39 Million ≈ $14.75 Million	+11.18%
2022-10-31	CA$18.34 Million ≈ $13.26 Million	-1.44%
2021-10-31	CA$18.60 Million ≈ $13.46 Million	-5.63%
2020-10-31	CA$19.71 Million ≈ $14.26 Million	+19.18%
2019-10-31	CA$16.54 Million ≈ $11.97 Million	-36.76%
2018-10-31	CA$26.15 Million ≈ $18.92 Million	-8.50%
2017-10-31	CA$28.58 Million ≈ $20.68 Million	+4.62%
2016-10-31	CA$27.32 Million ≈ $19.76 Million	+116.45%
2015-10-31	CA$12.62 Million ≈ $9.13 Million	-18.00%
2014-10-31	CA$15.39 Million ≈ $11.14 Million	-11.81%
2013-10-31	CA$17.46 Million ≈ $12.63 Million	-14.46%
2012-10-31	CA$20.41 Million ≈ $14.76 Million	+8360.31%
2011-10-31	CA$241.20K ≈ $174.48K	--

Equity Component Analysis

This analysis shows how different components contribute to Leading Edge Materials 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 5235712400.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (October 2025)

Component	Amount	Percentage
Other Components	CA$76.58 Million	318.90%
Total Equity	CA$24.01 Million	100.00%

Leading Edge Materials Corp Competitors by Market Cap

The table below lists competitors of Leading Edge Materials Corp ranked by their market capitalization.

Company	Market Cap
Dc Infotech And Communication Limited NSE:DCI	$48.94 Million
The Ugar Sugar Works Limited NSE:UGARSUGAR	$48.96 Million
Bareket Capital Ltd TA:BRKT	$48.96 Million
Scibase AB ST:SCIB	$48.97 Million
JD Sports Fashion PLC LSE:JD	$48.93 Million
GiG Software PLC ST:GIG-SDB	$48.92 Million
Tadmax Resources Berhad KLSE:4022	$48.90 Million
Vietnam National Seed Group JSC VN:NSC	$48.88 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Leading Edge Materials Corp's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 23,137,742 to 24,014,702, a change of 876,960 (3.8%).
Net loss of 3,216,565 reduced equity.
New share issuances of 2,989,623 increased equity.
Other factors increased equity by 1,103,902.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CA$-3.22 Million	-13.39%
Share Issuances	CA$2.99 Million	+12.45%
Other Changes	CA$1.10 Million	+4.6%
Total Change	CA$-	3.79%

Book Value vs Market Value Analysis

This analysis compares Leading Edge Materials 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: 2.82x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has decreased from 6.73x to 2.82x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2011-10-31	CA$0.04	CA$0.27	x
2012-10-31	CA$0.58	CA$0.27	x
2013-10-31	CA$0.38	CA$0.27	x
2014-10-31	CA$0.33	CA$0.27	x
2015-10-31	CA$0.27	CA$0.27	x
2016-10-31	CA$0.52	CA$0.27	x
2017-10-31	CA$0.33	CA$0.27	x
2018-10-31	CA$0.29	CA$0.27	x
2019-10-31	CA$0.17	CA$0.27	x
2020-10-31	CA$0.17	CA$0.27	x
2021-10-31	CA$0.13	CA$0.27	x
2022-10-31	CA$0.12	CA$0.27	x
2023-10-31	CA$0.12	CA$0.27	x
2024-10-31	CA$0.10	CA$0.27	x
2025-10-31	CA$0.10	CA$0.27	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Leading Edge Materials 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): -13.39%
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: 1.27x
Recent ROE (-13.39%) is above the historical average (-26.93%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2011	-87.71%	0.00%	0.00x	1.08x	CA$-235.68K
2012	-31.49%	0.00%	0.00x	1.28x	CA$-8.47 Million
2013	-19.94%	0.00%	0.00x	1.28x	CA$-5.23 Million
2014	-17.78%	0.00%	0.00x	1.38x	CA$-4.28 Million
2015	-22.09%	0.00%	0.00x	1.51x	CA$-4.05 Million
2016	-12.64%	0.00%	0.00x	1.32x	CA$-6.19 Million
2017	-10.22%	0.00%	0.00x	1.33x	CA$-5.78 Million
2018	-16.77%	0.00%	0.00x	1.34x	CA$-7.00 Million
2019	-119.99%	0.00%	0.00x	1.50x	CA$-21.50 Million
2020	-7.26%	0.00%	0.00x	1.38x	CA$-3.40 Million
2021	-0.63%	0.00%	0.00x	1.55x	CA$-1.98 Million
2022	-19.83%	0.00%	0.00x	1.30x	CA$-5.47 Million
2023	-12.67%	0.00%	0.00x	1.25x	CA$-4.62 Million
2024	-11.62%	0.00%	0.00x	1.27x	CA$-5.00 Million
2025	-13.39%	0.00%	0.00x	1.27x	CA$-5.62 Million

Industry Comparison

This section compares Leading Edge Materials 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: $26,192,690
Average return on equity (ROE) among peers: -63.81%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Leading Edge Materials Corp (LEM)	CA$24.01 Million	-87.71%	0.27x	$48.94 Million
Aftermath Silver Ltd (AAG)	$26.16 Million	-23.42%	0.41x	$192.76 Million
Aton Resources Inc (AAN)	$-2.31 Million	0.00%	0.00x	$40.57 Million
Arbor Metals Corp (ABR)	$10.98 Million	-14.09%	0.06x	$9.21 Million
Asiabasemetals Inc (ABZ)	$262.22K	-168.47%	0.12x	$2.91 Million
Adex Mining Inc (ADE)	$-81.43K	0.00%	0.00x	$67.72 Million
Alphamin Res (AFM)	$663.99K	-85.41%	0.22x	$1.30 Billion
Silver X Mining Corp (AGX)	$18.71 Million	-66.45%	1.77x	$143.14 Million
Amarc Resources Ltd. (AHR)	$763.11K	-243.05%	0.34x	$164.63 Million
Almonty Industries Inc (AII)	$39.75 Million	-36.45%	3.85x	$4.73 Billion
Aldebaran Resources Inc (ALDE)	$167.02 Million	-0.80%	0.03x	$430.78 Million

About Leading Edge Materials Corp

V:LEM Canada Other Industrial Metals & Mining

Market Cap

$48.94 Million

CA$67.65 Million CAD

Market Cap Rank

#22017 Global

#788 in Canada

Share Price

CA$0.27

Change (1 day)

-1.82%

52-Week Range

CA$0.15 - CA$0.44

All Time High

CA$0.97