Pelangio Exploration Inc (PX) - Net Assets
Based on the latest financial reports, Pelangio Exploration Inc (PX) has net assets worth CA$461.71K CAD (≈ $333.99K 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$1.01 Million ≈ $727.16K USD) and total liabilities (CA$543.51K ≈ $393.16K 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 Pelangio Exploration Inc tangible book value ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$461.71K |
| % of Total Assets | 45.93% |
| Annual Growth Rate | N/A |
| 5-Year Change | -127.28% |
| 10-Year Change | -496.64% |
| Growth Volatility | 1871.67 |
Pelangio Exploration Inc - Net Assets Trend (2007–2024)
This chart illustrates how Pelangio Exploration Inc's net assets have evolved over time, based on quarterly financial data. See PX cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Pelangio Exploration Inc (2007–2024)
The table below shows the annual net assets of Pelangio Exploration Inc from 2007 to 2024. For live valuation and market cap data, see Pelangio Exploration Inc (PX) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$-478.40K ≈ $-346.07K |
+24.35% |
| 2023-12-31 | CA$-632.41K ≈ $-457.48K |
-266.14% |
| 2022-12-31 | CA$380.66K ≈ $275.36K |
-21.60% |
| 2021-12-31 | CA$485.55K ≈ $351.24K |
-72.31% |
| 2020-12-31 | CA$1.75 Million ≈ $1.27 Million |
+2262.05% |
| 2019-12-31 | CA$74.23K ≈ $53.70K |
-85.33% |
| 2018-12-31 | CA$505.95K ≈ $366.00K |
+6980.18% |
| 2017-12-31 | CA$7.15K ≈ $5.17K |
+102.14% |
| 2016-12-31 | CA$-334.64K ≈ $-242.08K |
-377.45% |
| 2015-12-31 | CA$120.61K ≈ $87.25K |
+326.38% |
| 2014-12-31 | CA$-53.28K ≈ $-38.54K |
-100.12% |
| 2013-12-31 | CA$43.52 Million ≈ $31.48 Million |
-1.72% |
| 2012-12-31 | CA$44.29 Million ≈ $32.04 Million |
-4.47% |
| 2011-12-31 | CA$46.36 Million ≈ $33.53 Million |
+36.44% |
| 2010-12-31 | CA$33.98 Million ≈ $24.58 Million |
-4.05% |
| 2009-12-31 | CA$35.41 Million ≈ $25.62 Million |
+53.31% |
| 2008-12-31 | CA$23.10 Million ≈ $16.71 Million |
-1.86% |
| 2007-12-31 | CA$23.54 Million ≈ $17.03 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Pelangio Exploration 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 2719.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$61.41 Million | % |
| Total Equity | CA$-478.40K | 100.00% |
Pelangio Exploration Inc Competitors by Market Cap
The table below lists competitors of Pelangio Exploration Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Broadpeak SA
PA:ALBPK
|
$29.96 Million |
|
Stadlauer Malzfabrik Aktiengesellschaft
VI:STM
|
$29.96 Million |
|
Intellinetics Inc
NYSE MKT:INLX
|
$29.97 Million |
|
Dongil Technology Ltd
KQ:032960
|
$29.98 Million |
|
C-Com Satellite Systems Inc.
V:CMI
|
$29.96 Million |
|
Heramed Ltd
AU:HMD
|
$29.94 Million |
|
Veto Switchgears And Cables Limited
NSE:VETO
|
$29.92 Million |
|
5TH PLANET GAMES DK -50
F:2HG1
|
$29.90 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pelangio Exploration Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -632,410 to -478,400, a change of 154,010.
- Net loss of 755,514 reduced equity.
- New share issuances of 865,578 increased equity.
- Other comprehensive income decreased equity by 1,987,784.
- Other factors increased equity by 2,031,730.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-755.51K | -157.93% |
| Share Issuances | CA$865.58K | +180.93% |
| Other Comprehensive Income | CA$-1.99 Million | -415.51% |
| Other Changes | CA$2.03 Million | +424.69% |
| Total Change | CA$- | % |
Book Value vs Market Value Analysis
This analysis compares Pelangio Exploration 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | CA$3.38 | CA$0.17 | x |
| 2008-12-31 | CA$3.04 | CA$0.17 | x |
| 2009-12-31 | CA$3.89 | CA$0.17 | x |
| 2010-12-31 | CA$2.78 | CA$0.17 | x |
| 2011-12-31 | CA$3.42 | CA$0.17 | x |
| 2012-12-31 | CA$2.76 | CA$0.17 | x |
| 2013-12-31 | CA$2.45 | CA$0.17 | x |
| 2014-12-31 | CA$0.00 | CA$0.17 | x |
| 2015-12-31 | CA$0.01 | CA$0.17 | x |
| 2016-12-31 | CA$-0.01 | CA$0.17 | x |
| 2017-12-31 | CA$0.00 | CA$0.17 | x |
| 2018-12-31 | CA$0.02 | CA$0.17 | x |
| 2019-12-31 | CA$0.00 | CA$0.17 | x |
| 2020-12-31 | CA$0.03 | CA$0.17 | x |
| 2021-12-31 | CA$0.01 | CA$0.17 | x |
| 2022-12-31 | CA$0.00 | CA$0.17 | x |
| 2023-12-31 | CA$-0.01 | CA$0.17 | x |
| 2024-12-31 | CA$0.00 | CA$0.17 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pelangio Exploration 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): 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 (-742.75%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 21.81% | 72851.66% | 0.00x | 1.04x | CA$2.78 Million |
| 2008 | 0.31% | 524.27% | 0.00x | 1.04x | CA$-2.24 Million |
| 2009 | -0.92% | -5996.92% | 0.00x | 1.05x | CA$-3.87 Million |
| 2010 | -5.47% | -18839.92% | 0.00x | 1.05x | CA$-5.26 Million |
| 2011 | -7.96% | -12222.81% | 0.00x | 1.07x | CA$-8.32 Million |
| 2012 | -9.09% | 0.00% | 0.00x | 1.08x | CA$-8.46 Million |
| 2013 | -8.03% | 0.00% | 0.00x | 1.14x | CA$-7.85 Million |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-1.57 Million |
| 2015 | -405.39% | 0.00% | 0.00x | 2.98x | CA$-501.01K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-774.23K |
| 2017 | -9783.08% | 0.00% | 0.00x | 86.57x | CA$-699.81K |
| 2018 | -273.35% | 0.00% | 0.00x | 2.34x | CA$-1.43 Million |
| 2019 | -1876.19% | 0.00% | 0.00x | 8.72x | CA$-1.40 Million |
| 2020 | -103.03% | 0.00% | 0.00x | 1.47x | CA$-1.98 Million |
| 2021 | -561.42% | 0.00% | 0.00x | 2.53x | CA$-2.77 Million |
| 2022 | -357.76% | 0.00% | 0.00x | 2.70x | CA$-1.40 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-1.32 Million |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-707.67K |
Industry Comparison
This section compares Pelangio Exploration 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: $2,278,129
- Average return on equity (ROE) among peers: -49.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pelangio Exploration Inc (PX) | CA$461.71K | 21.81% | 1.18x | $29.96 Million |
| Aftermath Silver Ltd (AAG) | $-1.02 Million | 0.00% | 0.00x | $195.23 Million |
| Aton Resources Inc (AAN) | $-9.49 Million | 0.00% | 0.00x | $42.41 Million |
| Arbor Metals Corp (ABR) | $153.43K | -30.35% | 0.39x | $8.19 Million |
| Asiabasemetals Inc (ABZ) | $-251.39K | 0.00% | 0.00x | $3.63 Million |
| Adex Mining Inc (ADE) | $-81.43K | 0.00% | 0.00x | $66.13 Million |
| Alphamin Res (AFM) | $159.81K | -280.73% | 0.49x | $1.30 Billion |
| Silver X Mining Corp (AGX) | $18.71 Million | -66.45% | 1.77x | $138.33 Million |
| Amarc Resources Ltd. (AHR) | $7.22 Million | -119.49% | 0.12x | $159.74 Million |
| Almonty Industries Inc (AII) | $21.18 Million | 0.00% | 0.48x | $5.33 Billion |
| Aldebaran Resources Inc (ALDE) | $-13.79 Million | 0.00% | 0.00x | $425.46 Million |
About Pelangio Exploration Inc
Pelangio Exploration Inc., a mineral exploration company, engages in the acquisition, exploration, and development of mineral properties. It holds interests in various gold properties in Canada and Ghana. Pelangio Exploration Inc. was incorporated in 2008 and is based in Toronto, Canada.