Namibia Critical Metals Inc (NMI) - Net Assets
Based on the latest financial reports, Namibia Critical Metals Inc (NMI) has net assets worth CA$24.33 Million CAD (≈ $17.60 Million USD) as of May 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$25.29 Million ≈ $18.30 Million USD) and total liabilities (CA$961.71K ≈ $695.69K 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 NMI asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$24.33 Million |
| % of Total Assets | 96.2% |
| Annual Growth Rate | 7.14% |
| 5-Year Change | -16.7% |
| 10-Year Change | 6.2% |
| Growth Volatility | 68.64 |
Namibia Critical Metals Inc - Net Assets Trend (2010–2024)
This chart illustrates how Namibia Critical Metals Inc's net assets have evolved over time, based on quarterly financial data. Also explore Namibia Critical Metals Inc (NMI) total assets for the complete picture of this company's asset base.
Annual Net Assets for Namibia Critical Metals Inc (2010–2024)
The table below shows the annual net assets of Namibia Critical Metals Inc from 2010 to 2024. For live valuation and market cap data, see Namibia Critical Metals Inc market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-11-30 | CA$24.54 Million ≈ $17.75 Million |
+1.46% |
| 2023-11-30 | CA$24.19 Million ≈ $17.50 Million |
-8.08% |
| 2022-11-30 | CA$26.32 Million ≈ $19.04 Million |
+2.19% |
| 2021-11-30 | CA$25.75 Million ≈ $18.63 Million |
-12.60% |
| 2020-11-30 | CA$29.47 Million ≈ $21.31 Million |
+1.17% |
| 2019-11-30 | CA$29.12 Million ≈ $21.07 Million |
-2.38% |
| 2018-11-30 | CA$29.83 Million ≈ $21.58 Million |
+32.90% |
| 2017-11-30 | CA$22.45 Million ≈ $16.24 Million |
+2.26% |
| 2016-11-30 | CA$21.95 Million ≈ $15.88 Million |
-5.02% |
| 2015-11-30 | CA$23.11 Million ≈ $16.72 Million |
-6.56% |
| 2014-11-30 | CA$24.73 Million ≈ $17.89 Million |
-9.86% |
| 2013-11-30 | CA$27.44 Million ≈ $19.85 Million |
-9.85% |
| 2012-11-30 | CA$30.43 Million ≈ $22.02 Million |
-9.81% |
| 2011-11-30 | CA$33.75 Million ≈ $24.41 Million |
+261.32% |
| 2010-11-30 | CA$9.34 Million ≈ $6.76 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Namibia Critical 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 2944719400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (November 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$57.03 Million | 229.75% |
| Total Equity | CA$24.82 Million | 100.00% |
Namibia Critical Metals Inc Competitors by Market Cap
The table below lists competitors of Namibia Critical Metals Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lien Chang Electronic Enterprise Co Ltd
TW:2431
|
$37.74 Million |
|
OCR Group Bhd
KLSE:7071
|
$37.75 Million |
|
Redwood Group Ltd
TWO:8426
|
$37.75 Million |
|
Locksley Resources Ltd
AU:LKY
|
$37.75 Million |
|
Pyung Hwa Ind
KO:090080
|
$37.73 Million |
|
Avonmore Capital & Management Services Limited
NSE:AVONMORE
|
$37.72 Million |
|
Fleming Properties AB
ST:FLMNG
|
$37.68 Million |
|
Union Community Co. Ltd
KQ:203450
|
$37.66 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Namibia Critical Metals Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 24,458,691 to 24,823,479, a change of 364,788 (1.5%).
- Net loss of 570,769 reduced equity.
- New share issuances of 935,557 increased equity.
- Other comprehensive income decreased equity by 2,082,850.
- Other factors increased equity by 2,082,850.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-570.77K | -2.3% |
| Share Issuances | CA$935.56K | +3.77% |
| Other Comprehensive Income | CA$-2.08 Million | -8.39% |
| Other Changes | CA$2.08 Million | +8.39% |
| Total Change | CA$- | 1.49% |
Book Value vs Market Value Analysis
This analysis compares Namibia Critical 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: 2.06x
- 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 0.85x to 2.06x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-11-30 | CA$0.28 | CA$0.24 | x |
| 2011-11-30 | CA$0.52 | CA$0.24 | x |
| 2012-11-30 | CA$0.39 | CA$0.24 | x |
| 2013-11-30 | CA$0.35 | CA$0.24 | x |
| 2014-11-30 | CA$0.32 | CA$0.24 | x |
| 2015-11-30 | CA$0.30 | CA$0.24 | x |
| 2016-11-30 | CA$0.28 | CA$0.24 | x |
| 2017-11-30 | CA$0.28 | CA$0.24 | x |
| 2018-11-30 | CA$0.19 | CA$0.24 | x |
| 2019-11-30 | CA$0.16 | CA$0.24 | x |
| 2020-11-30 | CA$0.16 | CA$0.24 | x |
| 2021-11-30 | CA$0.14 | CA$0.24 | x |
| 2022-11-30 | CA$0.14 | CA$0.24 | x |
| 2023-11-30 | CA$0.12 | CA$0.24 | x |
| 2024-11-30 | CA$0.11 | CA$0.24 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Namibia Critical Metals Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -2.30%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.02x
- Recent ROE (-2.30%) is above the historical average (-7.50%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | -4.23% | 0.00% | 0.00x | 1.05x | CA$-1.33 Million |
| 2011 | -14.33% | 0.00% | 0.00x | 1.03x | CA$-8.21 Million |
| 2012 | -11.09% | 0.00% | 0.00x | 1.04x | CA$-6.42 Million |
| 2013 | -10.93% | 0.00% | 0.00x | 1.02x | CA$-5.74 Million |
| 2014 | -12.17% | 0.00% | 0.00x | 1.03x | CA$-5.48 Million |
| 2015 | -7.03% | 0.00% | 0.00x | 1.03x | CA$-3.94 Million |
| 2016 | -5.60% | 0.00% | 0.00x | 1.04x | CA$-3.42 Million |
| 2017 | 0.39% | 0.00% | 0.00x | 1.00x | CA$-2.16 Million |
| 2018 | -5.71% | 0.00% | 0.00x | 1.02x | CA$-4.66 Million |
| 2019 | -2.44% | 0.00% | 0.00x | 1.02x | CA$-3.60 Million |
| 2020 | -4.80% | 0.00% | 0.00x | 1.04x | CA$-4.34 Million |
| 2021 | -20.61% | 0.00% | 0.00x | 1.08x | CA$-7.93 Million |
| 2022 | -2.39% | 0.00% | 0.00x | 1.04x | CA$-3.28 Million |
| 2023 | -9.32% | 0.00% | 0.00x | 1.05x | CA$-4.73 Million |
| 2024 | -2.30% | 0.00% | 0.00x | 1.02x | CA$-3.05 Million |
Industry Comparison
This section compares Namibia Critical 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 |
|---|---|---|---|---|
| Namibia Critical Metals Inc (NMI) | CA$24.33 Million | -4.23% | 0.04x | $37.73 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 Namibia Critical Metals Inc
Namibia Critical Metals Inc., together with its subsidiaries, engages in the acquisition, exploration, development, and evaluation of a diversified portfolio of critical metals properties in Namibia. It explores for rare earth, gold, cobalt, copper, lead, zinc, nickel, vanadium, and lithium deposits. The company was formerly known as Namibia Rare Earths Inc. and changed its name to Namibia Critic… Read more