Atha Energy Corp. (SASK) - Net Assets
Based on the latest financial reports, Atha Energy Corp. (SASK) has net assets worth CA$219.86 Million CAD (≈ $159.04 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$230.15 Million ≈ $166.49 Million USD) and total liabilities (CA$10.30 Million ≈ $7.45 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 SASK financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$219.86 Million |
| % of Total Assets | 95.53% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 432.75 |
Atha Energy Corp. - Net Assets Trend (2021–2024)
This chart illustrates how Atha Energy Corp.'s net assets have evolved over time, based on quarterly financial data. Also explore SASK total asset value for the complete picture of this company's asset base.
Annual Net Assets for Atha Energy Corp. (2021–2024)
The table below shows the annual net assets of Atha Energy Corp. from 2021 to 2024. For live valuation and market cap data, see Atha Energy Corp. (SASK) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$208.34 Million ≈ $150.71 Million |
+137.37% |
| 2023-12-31 | CA$87.77 Million ≈ $63.49 Million |
+1002.87% |
| 2022-12-31 | CA$7.96 Million ≈ $5.76 Million |
+9394.93% |
| 2021-12-31 | CA$-85.62K ≈ $-61.93K |
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Equity Component Analysis
This analysis shows how different components contribute to Atha Energy 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 2641371300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$234.96 Million | 112.78% |
| Total Equity | CA$208.34 Million | 100.00% |
Atha Energy Corp. Competitors by Market Cap
The table below lists competitors of Atha Energy Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
El-Mor Electric Installation & Services 1986 Ltd
TA:ELMR
|
$253.01 Million |
|
Honda India Power Products Limited
NSE:HONDAPOWER
|
$253.29 Million |
|
Carlsmed, Inc. Common Stock
NASDAQ:CARL
|
$253.42 Million |
|
Smart Share Global Ltd ADR
NASDAQ:EM
|
$253.44 Million |
|
Berry Petroleum Corp
NASDAQ:BRY
|
$253.00 Million |
|
Gyldendal A/S
CO:GYLD-A
|
$252.98 Million |
|
Jasuindo Tiga Perkasa Tbk
JK:JTPE
|
$252.95 Million |
|
EUWAX Aktiengesellschaft
F:EUX
|
$252.86 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Atha Energy Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 87,767,055 to 208,335,323, a change of 120,568,268 (137.4%).
- Net loss of 11,409,643 reduced equity.
- Other factors increased equity by 131,977,911.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-11.41 Million | -5.48% |
| Other Changes | CA$131.98 Million | +63.35% |
| Total Change | CA$- | 137.37% |
Book Value vs Market Value Analysis
This analysis compares Atha Energy 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
- Current price-to-book ratio: 1.35x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | CA$0.00 | CA$1.01 | x |
| 2022-12-31 | CA$0.06 | CA$1.01 | x |
| 2023-12-31 | CA$0.63 | CA$1.01 | x |
| 2024-12-31 | CA$0.75 | CA$1.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Atha Energy Corp. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -5.48%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.03x
- Recent ROE (-5.48%) is above the historical average (-8.59%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-202.14K |
| 2022 | -12.95% | 0.00% | 0.00x | 5.28x | CA$-1.83 Million |
| 2023 | -15.92% | 0.00% | 0.00x | 1.13x | CA$-22.75 Million |
| 2024 | -5.48% | 0.00% | 0.00x | 1.03x | CA$-32.24 Million |
Industry Comparison
This section compares Atha Energy Corp.'s net assets metrics with peer companies in the Uranium industry.
Industry Context
- Industry: Uranium
- Average net assets among peers: $624,358,840
- Average return on equity (ROE) among peers: -67.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Atha Energy Corp. (SASK) | CA$219.86 Million | 0.00% | 0.05x | $253.00 Million |
| Azincourt Uranium Inc (AAZ) | $14.32 Million | -67.41% | 0.01x | $4.88 Million |
| Anfield Resources Inc (AEC) | $3.41 Million | -30.02% | 0.37x | $82.04 Million |
| Blue Sky Uranium Corp (BSK) | $-457.27K | 0.00% | 0.00x | $17.28 Million |
| Cameco Corp (CCO) | $5.39 Billion | 9.54% | 0.42x | $51.55 Billion |
| Denison Mines Corp (DML) | $788.55 Million | 5.93% | 0.26x | $3.31 Billion |
| enCore Energy Corp. (EU) | $6.05 Million | -6.66% | 0.05x | $340.05 Million |
| Baselode Energy Corp (FIND) | $5.90 Million | -43.81% | 0.10x | $9.27 Million |
| Fission 3.0 Corp (FUU) | $11.57 Million | -39.72% | 0.01x | $86.84 Million |
| GoviEx Uranium Inc (GXU) | $19.62 Million | -118.05% | 2.36x | $31.42 Million |
| Indigo Exploration Inc. (IXI) | $174.56K | -380.63% | 0.85x | $2.16 Million |
About Atha Energy Corp.
Atha Energy Corp., a mineral company, engages in the acquisition, exploration, and evaluation of mineral resources in Canada. It explores for uranium deposits. The company was formerly known as Inglenook Ventures Ltd. and changed its name to Atha Energy Corp. in May 2022. Atha Energy Corp. was incorporated in 2021 and is headquartered in Vancouver, Canada.