US Copper Corp (USCU) - Net Assets
Based on the latest financial reports, US Copper Corp (USCU) has net assets worth CA$1.66 Million CAD (≈ $1.20 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$1.71 Million ≈ $1.24 Million USD) and total liabilities (CA$49.46K ≈ $35.78K 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 tangible net worth ratio of US Copper Corp to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$1.66 Million |
| % of Total Assets | 97.11% |
| Annual Growth Rate | 26.34% |
| 5-Year Change | -37.6% |
| 10-Year Change | N/A |
| Growth Volatility | 67.64 |
US Copper Corp - Net Assets Trend (2017–2025)
This chart illustrates how US Copper Corp's net assets have evolved over time, based on quarterly financial data. See USCU defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for US Copper Corp (2017–2025)
The table below shows the annual net assets of US Copper Corp from 2017 to 2025. For live valuation and market cap data, see how much is US Copper Corp worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CA$1.66 Million ≈ $1.20 Million |
+2760.22% |
| 2024-12-31 | CA$-62.49K ≈ $-45.20K |
-109.85% |
| 2023-12-31 | CA$634.09K ≈ $458.69K |
-68.31% |
| 2022-12-31 | CA$2.00 Million ≈ $1.45 Million |
-24.88% |
| 2021-12-31 | CA$2.66 Million ≈ $1.93 Million |
+69.38% |
| 2020-12-31 | CA$1.57 Million ≈ $1.14 Million |
+3543.82% |
| 2019-12-31 | CA$-45.67K ≈ $-33.03K |
-28.75% |
| 2018-12-31 | CA$-35.47K ≈ $-25.66K |
-113.85% |
| 2017-12-31 | CA$256.07K ≈ $185.23K |
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Equity Component Analysis
This analysis shows how different components contribute to US Copper 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 912098300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$24.26 Million | 1459.30% |
| Total Equity | CA$1.66 Million | 100.00% |
US Copper Corp Competitors by Market Cap
The table below lists competitors of US Copper Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Rodrigo Tekstil Sanayi ve Ticaret AS
IS:RODRG
|
$19.28 Million |
|
Vital Metals Ltd
AU:VML
|
$19.29 Million |
|
Mycron Steel Bhd
KLSE:5087
|
$19.30 Million |
|
Geoprima Solusi Tbk PT
JK:GPSO
|
$19.30 Million |
|
Holista Colltech Ltd
AU:HCT
|
$19.26 Million |
|
Inovalis Real Estate Investment Trust
TO:INO-UN
|
$19.25 Million |
|
Grafton Group plc
LSE:GFTU
|
$19.25 Million |
|
Sikko Industries Limited
NSE:SIKKO
|
$19.23 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in US Copper Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -62,487 to 1,662,289, a change of 1,724,776.
- Net loss of 1,134,001 reduced equity.
- New share issuances of 2,366,237 increased equity.
- Other factors increased equity by 492,540.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-1.13 Million | -68.22% |
| Share Issuances | CA$2.37 Million | +142.35% |
| Other Changes | CA$492.54K | +29.63% |
| Total Change | CA$- | % |
Book Value vs Market Value Analysis
This analysis compares US Copper 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: 15.79x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 22.74x to 15.79x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CA$0.01 | CA$0.17 | x |
| 2018-12-31 | CA$0.00 | CA$0.17 | x |
| 2019-12-31 | CA$0.00 | CA$0.17 | x |
| 2020-12-31 | CA$0.02 | CA$0.17 | x |
| 2021-12-31 | CA$0.02 | CA$0.17 | x |
| 2022-12-31 | CA$0.02 | CA$0.17 | x |
| 2023-12-31 | CA$0.01 | CA$0.17 | x |
| 2024-12-31 | CA$0.00 | CA$0.17 | x |
| 2025-12-31 | CA$0.01 | CA$0.17 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently US Copper Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -68.22%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.03x
- Recent ROE (-68.22%) is above the historical average (-92.64%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -346.69% | 0.00% | 0.00x | 1.58x | CA$-913.36K |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-1.47 Million |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-341.55K |
| 2020 | -34.43% | 0.00% | 0.00x | 1.04x | CA$-698.80K |
| 2021 | -90.51% | 0.00% | 0.00x | 1.01x | CA$-2.68 Million |
| 2022 | -33.87% | 0.00% | 0.00x | 1.02x | CA$-877.78K |
| 2023 | -260.06% | 0.00% | 0.00x | 1.11x | CA$-1.71 Million |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-884.18K |
| 2025 | -68.22% | 0.00% | 0.00x | 1.03x | CA$-1.30 Million |
Industry Comparison
This section compares US Copper Corp's net assets metrics with peer companies in the Copper industry.
Industry Context
- Industry: Copper
- Average net assets among peers: $1,143,552,548
- Average return on equity (ROE) among peers: -49.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| US Copper Corp (USCU) | CA$1.66 Million | -346.69% | 0.03x | $19.26 Million |
| Amerigo Resources Ltd. (ARG) | $87.88 Million | -8.57% | 1.52x | $831.74 Million |
| Aranjin Resources Ltd (ARJN) | $-618.72K | 0.00% | 0.00x | $993.53K |
| Arizona Sonoran Copper Company Inc (ASCU) | $6.99 Million | -106.74% | 1.57x | $652.36 Million |
| Bell Copper Corp (BCU) | $8.47 Million | -25.63% | 0.04x | $7.90 Million |
| Capstone Mining Corp (CS) | $1.01 Billion | -20.08% | 0.55x | $8.42 Billion |
| Copper Fox Metals Inc. (CUU) | $76.16 Million | -1.43% | 0.05x | $227.17 Million |
| Element 29 Resources Inc (ECU) | $15.75 Million | -12.18% | 0.01x | $152.99 Million |
| Ero Copper Corp (ERO) | $103.82 Million | -3.04% | 2.47x | $3.25 Billion |
| Faraday Copper Corp. (FDY) | $40.38K | -314.06% | 0.72x | $1.27 Billion |
| First Quantum Minerals Ltd (FM) | $10.13 Billion | -3.12% | 1.13x | $27.14 Billion |
About US Copper Corp
US Copper Corp., together with its subsidiaries, engages in the exploration and development of mineral properties in Canada and the United States. It explores for copper, gold, and silver deposits. The company is headquartered in Kitchener, Canada.