Northstar Clean Technologies Inc (ROOF) - Net Assets
Based on the latest financial reports, Northstar Clean Technologies Inc (ROOF) has net assets worth CA$-6.23 Million CAD (≈ $-4.51 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$46.83 Million ≈ $33.88 Million USD) and total liabilities (CA$53.06 Million ≈ $38.38 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check asset resilience ratio of Northstar Clean Technologies Inc to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-6.23 Million |
| % of Total Assets | -13.3% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 162.92 |
Northstar Clean Technologies Inc - Net Assets Trend (2020–2024)
This chart illustrates how Northstar Clean Technologies Inc's net assets have evolved over time, based on quarterly financial data. Also explore Northstar Clean Technologies Inc assets under control for the complete picture of this company's asset base.
Annual Net Assets for Northstar Clean Technologies Inc (2020–2024)
The table below shows the annual net assets of Northstar Clean Technologies Inc from 2020 to 2024. For live valuation and market cap data, see ROOF market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$-1.33 Million ≈ $-964.69K |
-124.53% |
| 2023-12-31 | CA$5.44 Million ≈ $3.93 Million |
+95.27% |
| 2022-12-31 | CA$2.78 Million ≈ $2.01 Million |
-69.97% |
| 2021-12-31 | CA$9.27 Million ≈ $6.71 Million |
+293.46% |
| 2020-12-31 | CA$2.36 Million ≈ $1.70 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Northstar Clean Technologies 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 3141359500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$40.87 Million | % |
| Total Equity | CA$-1.33 Million | 100.00% |
Northstar Clean Technologies Inc Competitors by Market Cap
The table below lists competitors of Northstar Clean Technologies Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nucletron Electronic Aktiengesellschaft
F:NUC
|
$21.31 Million |
|
WhiteSmoke Software Ltd
TA:WSMK
|
$21.32 Million |
|
Schlatter Industries AG
SW:STRN
|
$21.32 Million |
|
Inception Growth Acquisition Ltd
NASDAQ:IGTA
|
$21.35 Million |
|
Ikonisys SA
PA:ALIKO
|
$21.30 Million |
|
Ballymore Resources Ltd
AU:BMR
|
$21.30 Million |
|
EZZ Life Science Holdings Ltd
AU:EZZ
|
$21.30 Million |
|
Naas Technology Inc ADR
NASDAQ:NAAS
|
$21.29 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Northstar Clean Technologies Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,437,397 to -1,333,578, a change of -6,770,975 (-124.5%).
- Net loss of 9,332,820 reduced equity.
- Share repurchases of 74,607 reduced equity.
- Other factors increased equity by 2,636,452.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-9.33 Million | -699.83% |
| Share Repurchases | CA$74.61K | -5.59% |
| Other Changes | CA$2.64 Million | +197.7% |
| Total Change | CA$- | -124.53% |
Book Value vs Market Value Analysis
This analysis compares Northstar Clean Technologies 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 |
|---|---|---|---|
| 2020-12-31 | CA$0.02 | CA$0.20 | x |
| 2021-12-31 | CA$0.09 | CA$0.20 | x |
| 2022-12-31 | CA$0.03 | CA$0.20 | x |
| 2023-12-31 | CA$0.04 | CA$0.20 | x |
| 2024-12-31 | CA$-0.01 | CA$0.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Northstar Clean Technologies Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1456.96%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-154.98%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -279.92% | 0.00% | 0.00x | 2.06x | CA$-6.83 Million |
| 2021 | -77.73% | 0.00% | 0.00x | 1.33x | CA$-8.14 Million |
| 2022 | -294.52% | 0.00% | 0.00x | 2.45x | CA$-8.48 Million |
| 2023 | -122.70% | -3231.90% | 0.01x | 3.29x | CA$-7.22 Million |
| 2024 | 0.00% | -1456.96% | 0.01x | 0.00x | CA$-9.20 Million |
Industry Comparison
This section compares Northstar Clean Technologies Inc's net assets metrics with peer companies in the Waste Management industry.
Industry Context
- Industry: Waste Management
- Average net assets among peers: $371,907,375
- Average return on equity (ROE) among peers: -64.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Northstar Clean Technologies Inc (ROOF) | CA$-6.23 Million | -279.92% | N/A | $21.31 Million |
| Anaergia Inc (ANRG) | $73.59 Million | -248.13% | 2.79x | $368.32 Million |
| BluMetric Environmental Inc (BLM) | $5.24 Million | 50.77% | 1.77x | $37.91 Million |
| BQE Water Inc (BQE) | $12.64 Million | 9.19% | 0.27x | $77.33 Million |
| Cielo Waste Solutions Corp (CMC) | $-5.96 Million | 0.00% | 0.00x | $11.53 Million |
| Ecolomondo Corp (ECM) | $667.82K | -273.94% | 45.45x | $25.43 Million |
| EverGen Infrastructure Corp (EVGN) | $42.00 Million | -39.83% | 0.85x | $7.22 Million |
| Earthworks Industries Inc (EWK) | $935.33K | -51.30% | 1.18x | $2.85 Million |
| Gfl Environmental Holdings Inc (GFL) | $3.19 Billion | -15.14% | 2.47x | $13.11 Billion |
| Green Impact Partners Inc (GIP) | $25.45 Million | -9.65% | 2.25x | $34.93 Million |
About Northstar Clean Technologies Inc
Northstar Clean Technologies Inc., a clean technology company, focuses on the recovery, repurposing, and reprocessing of asphalt shingles in North America. The company has developed a proprietary design process for taking discarded asphalt shingles or destined for already over-crowded landfills, and extracting the liquid asphalt, aggregate sands, and fiber. It also engages in the extraction and r… Read more