Volt Carbon Technologies Inc
Volt Carbon Technologies Inc., a junior resource company, acquires and explores mining properties in Canada. It operates through two segments, Research & Development and Mineral Exploration. The company explores for molybdenum, rare earth elements, niobium, graphite, copper, and rhenium porphyry deposits. It also focuses on scientific study and technology applications for air classifier and batte… Read more
Volt Carbon Technologies Inc (VCT) - Net Assets
Latest net assets as of April 2025: CA$2.39 Million CAD
Based on the latest financial reports, Volt Carbon Technologies Inc (VCT) has net assets worth CA$2.39 Million CAD as of April 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$4.25 Million) and total liabilities (CA$1.85 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$2.39 Million |
| % of Total Assets | 56.38% |
| Annual Growth Rate | -8.79% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 56.89 |
Volt Carbon Technologies Inc - Net Assets Trend (2019–2024)
This chart illustrates how Volt Carbon Technologies 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 Volt Carbon Technologies Inc (2019–2024)
The table below shows the annual net assets of Volt Carbon Technologies Inc from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-10-31 | CA$2.13 Million | -7.85% |
| 2023-10-31 | CA$2.31 Million | +22.79% |
| 2022-10-31 | CA$1.89 Million | +24.05% |
| 2021-10-31 | CA$1.52 Million | +399.13% |
| 2020-10-31 | CA$-508.06K | -115.03% |
| 2019-10-31 | CA$3.38 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Volt Carbon 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 1212748300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (October 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$33.70 Million | 1579.64% |
| Total Equity | CA$2.13 Million | 100.00% |
Volt Carbon Technologies Inc Competitors by Market Cap
The table below lists competitors of Volt Carbon Technologies Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PROSPECT RIDGE RESOURCES
F:0ED
|
$3.60 Million |
|
LUPAKA GOLD CORP.
F:LQPA
|
$3.60 Million |
|
AFRIQUIA GAZ
BC:AFRIQUIA-GAZ
|
$3.60 Million |
|
Computer Forms (Malaysia) Bhd
KLSE:8044
|
$3.60 Million |
|
AYR WELLNESS INC.RES.VTG.
F:3KJB
|
$3.60 Million |
|
Direct Communication Solutions Inc
PINK:DCSX
|
$3.59 Million |
|
Solaer Israel Ltd
TA:SOLR
|
$3.59 Million |
|
Perrot Duval Holding SA
SW:PEDU
|
$3.59 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Volt Carbon Technologies Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,314,989 to 2,133,228, a change of -181,761 (-7.9%).
- Net loss of 1,840,297 reduced equity.
- New share issuances of 1,624,006 increased equity.
- Other factors increased equity by 34,530.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-1.84 Million | -86.27% |
| Share Issuances | CA$1.62 Million | +76.13% |
| Other Changes | CA$34.53K | +1.62% |
| Total Change | CA$- | -7.85% |
Book Value vs Market Value Analysis
This analysis compares Volt Carbon 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
- Current price-to-book ratio: 1.89x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.45x to 1.89x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-10-31 | CA$0.04 | CA$0.02 | x |
| 2020-10-31 | CA$-0.01 | CA$0.02 | x |
| 2021-10-31 | CA$0.01 | CA$0.02 | x |
| 2022-10-31 | CA$0.01 | CA$0.02 | x |
| 2023-10-31 | CA$0.01 | CA$0.02 | x |
| 2024-10-31 | CA$0.01 | CA$0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Volt Carbon Technologies Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -86.27%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2436.29%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 2.01x
- Recent ROE (-86.27%) is below the historical average (-75.27%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -24.61% | -721.97% | 0.03x | 1.34x | CA$-1.17 Million |
| 2020 | 0.00% | -23659.72% | 0.01x | 0.00x | CA$-4.01 Million |
| 2021 | -136.46% | 0.00% | 0.00x | 2.75x | CA$-2.23 Million |
| 2022 | -135.57% | 0.00% | 0.00x | 2.42x | CA$-2.74 Million |
| 2023 | -68.70% | -6361.16% | 0.01x | 1.87x | CA$-1.82 Million |
| 2024 | -86.27% | -2436.29% | 0.02x | 2.01x | CA$-2.05 Million |
Industry Comparison
This section compares Volt Carbon Technologies 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 |
|---|---|---|---|---|
| Volt Carbon Technologies Inc (VCT) | CA$2.39 Million | -24.61% | 0.77x | $3.60 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 |