Clean Energy Transition Inc.
Clean Energy Transition Inc., a mining company, focuses on selling dimensional limestone for landscape applications in Canada. The company markets from Johnston Farm Quarry near Bobcaygeon, Ontario and Speiran Quarry near Orillia, Ontario. Its project includes the Aurora Nickel project covering an area of 905 hectares located in southeast of Timmins, Ontario; Snow White project comprises 10 claim… Read more
Clean Energy Transition Inc. (TRAN) - Net Assets
Latest net assets as of January 2024: CA$2.50 Million CAD
Based on the latest financial reports, Clean Energy Transition Inc. (TRAN) has net assets worth CA$2.50 Million CAD as of January 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$7.80 Million) and total liabilities (CA$5.29 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$2.50 Million |
| % of Total Assets | 32.1% |
| Annual Growth Rate | -38.32% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 39.43 |
Clean Energy Transition Inc. - Net Assets Trend (2020–2023)
This chart illustrates how Clean Energy Transition Inc.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Clean Energy Transition Inc. (2020–2023)
The table below shows the annual net assets of Clean Energy Transition Inc. from 2020 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-04-30 | CA$2.55 Million | -9.54% |
| 2022-04-30 | CA$2.82 Million | -77.58% |
| 2021-04-30 | CA$12.57 Million | +15.81% |
| 2020-04-30 | CA$10.85 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Clean Energy Transition 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 873223100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (April 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$60.89 Million | 2576.04% |
| Total Equity | CA$2.36 Million | 100.00% |
Clean Energy Transition Inc. Competitors by Market Cap
The table below lists competitors of Clean Energy Transition Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Media Central Corporation Inc
PINK:FBOP
|
$1.11 Million |
|
PT Utama Radar Cahaya Tbk
JK:RCCC
|
$1.11 Million |
|
Acma Ltd
F:AAX1
|
$1.11 Million |
|
SolTech Energy Sweden AB
ST:SOLT
|
$1.11 Million |
|
RegenETP Inc.
PINK:RGTPQ
|
$1.11 Million |
|
Williamson Magor & Company Limited
NSE:WILLAMAGOR
|
$1.11 Million |
|
CLEARBRIDGE HEALTH LTD
F:5C6
|
$1.11 Million |
|
BLAZE Minerals Ltd
AU:BLZ
|
$1.11 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Clean Energy Transition Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 2,625,467 to 2,363,517, a change of -261,950 (-10.0%).
- Net loss of 291,501 reduced equity.
- Other factors increased equity by 29,551.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-291.50K | -12.33% |
| Other Changes | CA$29.55K | +1.25% |
| Total Change | CA$- | -9.98% |
Book Value vs Market Value Analysis
This analysis compares Clean Energy Transition 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: 0.61x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.10x to 0.61x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-04-30 | CA$0.40 | CA$0.04 | x |
| 2021-04-30 | CA$0.35 | CA$0.04 | x |
| 2022-04-30 | CA$0.07 | CA$0.04 | x |
| 2023-04-30 | CA$0.07 | CA$0.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Clean Energy Transition Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -12.33%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -21.63%
- • Asset Turnover: 0.17x
- • Equity Multiplier: 3.33x
- Recent ROE (-12.33%) is above the historical average (-95.77%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -6.91% | 0.00% | 0.00x | 1.38x | CA$-1.80 Million |
| 2021 | 8.99% | 82.07% | 0.08x | 1.38x | CA$-124.93K |
| 2022 | -372.84% | -587.89% | 0.22x | 2.94x | CA$-10.05 Million |
| 2023 | -12.33% | -21.63% | 0.17x | 3.33x | CA$-527.85K |
Industry Comparison
This section compares Clean Energy Transition 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: $30,833,953
- Average return on equity (ROE) among peers: -67.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Clean Energy Transition Inc. (TRAN) | CA$2.50 Million | -6.91% | 2.12x | $1.11 Million |
| Asbestos Corporation Limited (AB-H) | $-20.02 Million | 0.00% | 0.00x | $467.16K |
| Asiabasemetals Inc (ABZ) | $-394.71K | 0.00% | 0.00x | $1.49 Million |
| Alphamin Res (AFM) | $310.73 Million | 15.51% | 0.36x | $456.79 Million |
| African Metals Corporation (AFR) | $942.26K | -69.83% | 0.14x | $409.36K |
| Bullet Exploration Inc (AMMO) | $2.16 Million | -41.07% | 24.74x | $3.15 Million |
| AM Resources Corp (AMR) | $596.66K | -503.92% | 1.17x | $2.45 Million |
| Andina Copper Corporation (ANDC) | $6.58 Million | -35.34% | 0.01x | $101.97 Million |
| Auriginal Mining Corp. (AUME) | $8.45 Million | -20.72% | 0.21x | $6.12 Million |
| Aurora Royalties Inc (AUR-H) | $350.13K | -16.93% | 0.05x | $266.34K |
| Balto Resources Ltd (BAL-H) | $-1.07 Million | 0.00% | 0.00x | $375.18K |