Nobel29 Resources Corp (NBLC) - Net Assets

Latest as of September 2025: CA$-374.67K CAD

Based on the latest financial reports, Nobel29 Resources Corp (NBLC) has net assets worth CA$-374.67K 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$30.67K) and total liabilities (CA$405.34K). 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$-374.67K
% of Total Assets	-1221.57%
Annual Growth Rate	N/A
5-Year Change	N/A
10-Year Change	N/A
Growth Volatility	79.56

Nobel29 Resources Corp - Net Assets Trend (2019–2024)

This chart illustrates how Nobel29 Resources Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Nobel29 Resources Corp (2019–2024)

The table below shows the annual net assets of Nobel29 Resources Corp from 2019 to 2024.

Year	Net Assets	Change
2024-12-31	CA$-52.43K	+89.55%
2023-12-31	CA$-501.70K	-250.04%
2022-12-31	CA$334.38K	-90.92%
2021-12-31	CA$3.68 Million	+6457.76%
2020-12-31	CA$-57.95K	-15.48%
2019-12-31	CA$-50.18K	--

Equity Component Analysis

This analysis shows how different components contribute to Nobel29 Resources 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 1531845200.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Other Components	CA$18.78 Million	%
Total Equity	CA$-52.43K	100.00%

Nobel29 Resources Corp Competitors by Market Cap

The table below lists competitors of Nobel29 Resources Corp ranked by their market capitalization.

Company	Market Cap
Sylvania Platinum Limited LSE:SLP	$3.42 Million
Century Global Commodities Corp TO:CNT	$3.42 Million
WEBUY GLOBAL LTD. Ordinary Shares NASDAQ:WBUY	$3.42 Million
WestKam Gold Corp V:WKG	$3.43 Million
Hochdorf Holding AG SW:HOCN	$3.41 Million
Klarsen SA PA:ALKLA	$3.41 Million
Zaplox AB ST:ZAPLOX	$3.41 Million
Gelum Resources Ltd. F:7UA	$3.41 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Nobel29 Resources Corp's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from -501,696 to -52,433, a change of 449,263.
Net loss of 781,461 reduced equity.
New share issuances of 992,500 increased equity.
Other factors increased equity by 238,224.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CA$-781.46K	-1490.4%
Share Issuances	CA$992.50K	+1892.89%
Other Changes	CA$238.22K	+454.34%
Total Change	CA$-	%

Book Value vs Market Value Analysis

This analysis compares Nobel29 Resources 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

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2019-12-31	CA$0.00	CA$0.05	x
2020-12-31	CA$0.00	CA$0.05	x
2021-12-31	CA$0.05	CA$0.05	x
2022-12-31	CA$0.00	CA$0.05	x
2023-12-31	CA$-0.01	CA$0.05	x
2024-12-31	CA$0.00	CA$0.05	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Nobel29 Resources 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): 0.00%
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: 0.00x
Recent ROE (0.00%) is above the historical average (-234.12%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2019	0.00%	0.00%	0.00x	0.00x	CA$-77.89K
2020	0.00%	0.00%	0.00x	0.00x	CA$-31.98K
2021	-402.90%	0.00%	0.00x	1.18x	CA$-15.21 Million
2022	-1001.80%	0.00%	0.00x	3.45x	CA$-3.38 Million
2023	0.00%	0.00%	0.00x	0.00x	CA$-785.90K
2024	0.00%	0.00%	0.00x	0.00x	CA$-776.22K

Industry Comparison

This section compares Nobel29 Resources 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: $-404,510
Average return on equity (ROE) among peers: 31.84%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Nobel29 Resources Corp (NBLC)	CA$-374.67K	0.00%	N/A	$3.42 Million
Aftermath Silver Ltd (AAG)	$25.06 Million	-33.91%	0.29x	$215.07 Million
Aton Resources Inc (AAN)	$-1.50 Million	0.00%	0.00x	$52.55 Million
Asbestos Corporation Limited (AB-H)	$-22.33 Million	0.00%	0.00x	$1.85 Million
Arbor Metals Corp (ABR)	$3.78 Million	-10.88%	0.34x	$10.15 Million
Asiabasemetals Inc (ABZ)	$-30.55K	0.00%	0.00x	$5.75 Million
Adex Mining Inc (ADE)	$-30.95 Million	0.00%	0.00x	$27.09 Million
AE Fuels Corporation (AEF)	$423.41K	-11.49%	0.28x	$4.95 Million
Alphamin Res (AFM)	$272.15K	-48.58%	0.07x	$1.27 Billion
African Metals Corporation (AFR)	$2.33 Million	446.81%	0.22x	$1.00 Million
Silver X Mining Corp (AGX)	$18.90 Million	-23.55%	1.85x	$148.73 Million

About Nobel29 Resources Corp

V:NBLC Canada Other Industrial Metals & Mining

Market Cap

$3.42 Million

CA$4.72 Million CAD

Market Cap Rank

#32893 Global

#1487 in Canada

Share Price

CA$0.05

Change (1 day)

-10.00%

52-Week Range

CA$0.03 - CA$0.17

All Time High

CA$1.00