Niobay Metals Inc (NBY) - Net Assets
Based on the latest financial reports, Niobay Metals Inc (NBY) has net assets worth CA$3.01 Million CAD (≈ $2.18 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$3.20 Million ≈ $2.31 Million USD) and total liabilities (CA$187.11K ≈ $135.35K 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 Niobay Metals Inc (NBY) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$3.01 Million |
| % of Total Assets | 94.15% |
| Annual Growth Rate | -3.17% |
| 5-Year Change | -76.16% |
| 10-Year Change | -59.95% |
| Growth Volatility | 66.3 |
Niobay Metals Inc - Net Assets Trend (1997–2024)
This chart illustrates how Niobay Metals Inc's net assets have evolved over time, based on quarterly financial data. Also explore Niobay Metals Inc assets under control for the complete picture of this company's asset base.
Annual Net Assets for Niobay Metals Inc (1997–2024)
The table below shows the annual net assets of Niobay Metals Inc from 1997 to 2024. For live valuation and market cap data, see NBY company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$3.17 Million ≈ $2.29 Million |
-18.75% |
| 2023-12-31 | CA$3.90 Million ≈ $2.82 Million |
-27.54% |
| 2022-12-31 | CA$5.38 Million ≈ $3.89 Million |
-46.31% |
| 2021-12-31 | CA$10.03 Million ≈ $7.25 Million |
-24.58% |
| 2020-12-31 | CA$13.29 Million ≈ $9.62 Million |
+291.34% |
| 2019-12-31 | CA$3.40 Million ≈ $2.46 Million |
+25.13% |
| 2018-12-31 | CA$2.72 Million ≈ $1.96 Million |
-8.70% |
| 2017-12-31 | CA$2.97 Million ≈ $2.15 Million |
+18.56% |
| 2016-12-31 | CA$2.51 Million ≈ $1.81 Million |
-68.31% |
| 2015-12-31 | CA$7.91 Million ≈ $5.73 Million |
-67.39% |
| 2014-12-31 | CA$24.27 Million ≈ $17.56 Million |
-16.67% |
| 2013-12-31 | CA$29.13 Million ≈ $21.07 Million |
-14.74% |
| 2012-12-31 | CA$34.16 Million ≈ $24.71 Million |
-27.79% |
| 2011-12-31 | CA$47.31 Million ≈ $34.23 Million |
+6.59% |
| 2010-12-31 | CA$44.39 Million ≈ $32.11 Million |
+0.65% |
| 2009-12-31 | CA$44.10 Million ≈ $31.90 Million |
-0.58% |
| 2008-12-31 | CA$44.36 Million ≈ $32.09 Million |
+96.29% |
| 2007-12-31 | CA$22.60 Million ≈ $16.35 Million |
+40.00% |
| 2006-12-31 | CA$16.14 Million ≈ $11.68 Million |
-9.98% |
| 2005-12-31 | CA$17.93 Million ≈ $12.97 Million |
-6.67% |
| 2004-12-31 | CA$19.21 Million ≈ $13.90 Million |
+90.75% |
| 2003-12-31 | CA$10.07 Million ≈ $7.29 Million |
-18.53% |
| 2002-12-31 | CA$12.36 Million ≈ $8.94 Million |
-9.60% |
| 2001-12-31 | CA$13.68 Million ≈ $9.89 Million |
+6.26% |
| 2000-12-31 | CA$12.87 Million ≈ $9.31 Million |
+29.80% |
| 1999-12-31 | CA$9.92 Million ≈ $7.17 Million |
+16.88% |
| 1998-12-31 | CA$8.48 Million ≈ $6.14 Million |
+12.26% |
| 1997-12-31 | CA$7.56 Million ≈ $5.47 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Niobay 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 8955589200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$96.32 Million | 2456.69% |
| Total Equity | CA$3.92 Million | 100.00% |
Niobay Metals Inc Competitors by Market Cap
The table below lists competitors of Niobay Metals Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
DCI O.N.
F:DCIK
|
$10.83 Million |
|
Talisman Mining Ltd
F:RJA
|
$10.83 Million |
|
Cosmos Health Inc.
NASDAQ:COSM
|
$10.83 Million |
|
Mercury Industries Bhd
KLSE:8192
|
$10.83 Million |
|
Quantum Software SA
WAR:QNT
|
$10.82 Million |
|
Lithium Plus Minerals Ltd
AU:LPM
|
$10.81 Million |
|
i2S SA
PA:ALI2S
|
$10.81 Million |
|
Kalo Gold Corp
V:KALO
|
$10.80 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Niobay Metals Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,611,721 to 3,920,644, a change of -691,077 (-15.0%).
- Net loss of 2,395,198 reduced equity.
- New share issuances of 1,949,074 increased equity.
- Other factors decreased equity by 244,953.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-2.40 Million | -61.09% |
| Share Issuances | CA$1.95 Million | +49.71% |
| Other Changes | CA$-244.95K | -6.25% |
| Total Change | CA$- | -14.99% |
Book Value vs Market Value Analysis
This analysis compares Niobay 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: 2.19x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.05x to 2.19x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-12-31 | CA$1.67 | CA$0.08 | x |
| 1998-12-31 | CA$1.72 | CA$0.08 | x |
| 1999-12-31 | CA$1.80 | CA$0.08 | x |
| 2000-12-31 | CA$2.08 | CA$0.08 | x |
| 2001-12-31 | CA$2.04 | CA$0.08 | x |
| 2002-12-31 | CA$1.82 | CA$0.08 | x |
| 2003-12-31 | CA$1.47 | CA$0.08 | x |
| 2004-12-31 | CA$1.82 | CA$0.08 | x |
| 2005-12-31 | CA$1.54 | CA$0.08 | x |
| 2006-12-31 | CA$1.18 | CA$0.08 | x |
| 2007-12-31 | CA$1.37 | CA$0.08 | x |
| 2008-12-31 | CA$2.39 | CA$0.08 | x |
| 2009-12-31 | CA$2.32 | CA$0.08 | x |
| 2010-12-31 | CA$2.23 | CA$0.08 | x |
| 2011-12-31 | CA$2.28 | CA$0.08 | x |
| 2012-12-31 | CA$1.59 | CA$0.08 | x |
| 2013-12-31 | CA$1.34 | CA$0.08 | x |
| 2014-12-31 | CA$1.05 | CA$0.08 | x |
| 2015-12-31 | CA$0.30 | CA$0.08 | x |
| 2016-12-31 | CA$0.09 | CA$0.08 | x |
| 2017-12-31 | CA$0.09 | CA$0.08 | x |
| 2018-12-31 | CA$0.06 | CA$0.08 | x |
| 2019-12-31 | CA$0.07 | CA$0.08 | x |
| 2020-12-31 | CA$0.25 | CA$0.08 | x |
| 2021-12-31 | CA$0.14 | CA$0.08 | x |
| 2022-12-31 | CA$0.08 | CA$0.08 | x |
| 2023-12-31 | CA$0.06 | CA$0.08 | x |
| 2024-12-31 | CA$0.04 | CA$0.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Niobay Metals Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -61.09%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.91x
- Recent ROE (-61.09%) is below the historical average (-37.80%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | -5.38% | -40641500.00% | 0.00x | 1.03x | CA$-1.16 Million |
| 1998 | -7.13% | -60445800.00% | 0.00x | 1.04x | CA$-1.45 Million |
| 1999 | -11.52% | -114241400.00% | 0.00x | 1.03x | CA$-2.13 Million |
| 2000 | -6.83% | -87854700.00% | 0.00x | 1.02x | CA$-2.17 Million |
| 2001 | -8.97% | -3515.88% | 0.00x | 1.22x | CA$-2.59 Million |
| 2002 | -13.28% | -8170.27% | 0.00x | 1.52x | CA$-2.88 Million |
| 2003 | -27.73% | -200.41% | 0.08x | 1.82x | CA$-3.80 Million |
| 2004 | -29.16% | -487.04% | 0.03x | 1.85x | CA$-7.36 Million |
| 2005 | -20.72% | -147.61% | 0.06x | 2.31x | CA$-5.46 Million |
| 2006 | -47.64% | -333.13% | 0.07x | 2.20x | CA$-9.27 Million |
| 2007 | -50.47% | -726.18% | 0.05x | 1.36x | CA$-13.67 Million |
| 2008 | 49.89% | 81.18% | 0.61x | 1.01x | CA$17.69 Million |
| 2009 | 1.87% | 11.59% | 0.16x | 1.03x | CA$-3.59 Million |
| 2010 | -7.41% | -1653.46% | 0.00x | 1.11x | CA$-7.58 Million |
| 2011 | 3.69% | 26.62% | 0.13x | 1.08x | CA$-2.86 Million |
| 2012 | -39.90% | -4107.54% | 0.01x | 1.12x | CA$-16.09 Million |
| 2013 | -21.23% | 0.00% | 0.00x | 1.11x | CA$-8.52 Million |
| 2014 | -29.96% | 0.00% | 0.00x | 1.14x | CA$-8.98 Million |
| 2015 | -254.79% | 0.00% | 0.00x | 1.23x | CA$-17.96 Million |
| 2016 | -195.37% | 0.00% | 0.00x | 1.30x | CA$-4.93 Million |
| 2017 | -14.14% | 0.00% | 0.00x | 1.19x | CA$-691.67K |
| 2018 | -49.75% | 0.00% | 0.00x | 1.16x | CA$-1.57 Million |
| 2019 | -44.82% | 0.00% | 0.00x | 1.22x | CA$-1.84 Million |
| 2020 | -5.61% | 0.00% | 0.00x | 1.08x | CA$-2.07 Million |
| 2021 | -39.28% | 0.00% | 0.00x | 1.10x | CA$-4.98 Million |
| 2022 | -75.99% | 0.00% | 0.00x | 1.05x | CA$-5.05 Million |
| 2023 | -45.58% | 0.00% | 0.00x | 0.88x | CA$-2.56 Million |
| 2024 | -61.09% | 0.00% | 0.00x | 0.91x | CA$-2.79 Million |
Industry Comparison
This section compares Niobay Metals Inc'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: $49,314,810
- Average return on equity (ROE) among peers: -11.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Niobay Metals Inc (NBY) | CA$3.01 Million | -5.38% | 0.06x | $10.83 Million |
| Aftermath Silver Ltd (AAG) | $-553.41K | 0.00% | 0.00x | $185.75 Million |
| Aton Resources Inc (AAN) | $-1.13 Million | 0.00% | 0.00x | $49.79 Million |
| Arbor Metals Corp (ABR) | $1.00 Million | -16.27% | 0.02x | $10.75 Million |
| Asiabasemetals Inc (ABZ) | $717.72K | -45.73% | 0.05x | $4.67 Million |
| Adex Mining Inc (ADE) | $-30.95 Million | 0.00% | 0.00x | $27.09 Million |
| Alphamin Res (AFM) | $367.40 Million | 27.47% | 0.33x | $1.30 Billion |
| Silver X Mining Corp (AGX) | $38.37 Million | -47.47% | 0.73x | $148.73 Million |
| Amarc Resources Ltd. (AHR) | $14.00 Million | 5.93% | 0.01x | $148.33 Million |
| Almonty Industries Inc (AII) | $39.75 Million | -36.45% | 3.85x | $4.73 Billion |
| Aldebaran Resources Inc (ALDE) | $64.54 Million | -3.09% | 0.01x | $332.39 Million |
About Niobay Metals Inc
Niobay Metals Inc. engages in the acquisition, exploration, and evaluation of mineral properties in Canada. It primarily explores for niobium, tantalum, titanium, and phosphate properties. The company holds 100% interests in the James Bay niobium project that covers an area of 2,530 hectares located in the James Bay Lowlands in northeastern Ontario, Canada; and 72.5% interests in the Crevier niob… Read more