Vertical Explorations Inc (VERT) - Net Assets

Latest as of November 2025: CA$5.04 Million CAD

Based on the latest financial reports, Vertical Explorations Inc (VERT) has net assets worth CA$5.04 Million CAD as of November 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$6.02 Million) and total liabilities (CA$980.38K). 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$5.04 Million
% of Total Assets 83.72%
Annual Growth Rate 18.38%
5-Year Change 166.22%
10-Year Change N/A
Growth Volatility 95.61

Vertical Explorations Inc - Net Assets Trend (2007–2025)

This chart illustrates how Vertical Explorations 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 Vertical Explorations Inc (2007–2025)

The table below shows the annual net assets of Vertical Explorations Inc from 2007 to 2025.

Year Net Assets Change
2025-02-28 CA$5.06 Million -7.12%
2024-02-29 CA$5.44 Million +8.79%
2023-02-28 CA$5.00 Million -8.30%
2022-02-28 CA$5.46 Million +187.30%
2021-02-28 CA$1.90 Million +33.53%
2020-02-29 CA$1.42 Million -6.81%
2019-02-28 CA$1.53 Million +176.22%
2018-02-28 CA$552.62K +149.09%
2017-02-28 CA$-1.13 Million -6.83%
2016-02-29 CA$-1.05 Million -68.70%
2015-02-28 CA$-624.65K -158.48%
2014-02-28 CA$1.07 Million +7.93%
2013-02-28 CA$989.65K +46.10%
2012-02-29 CA$677.38K -54.95%
2011-02-28 CA$1.50 Million +91.20%
2010-02-28 CA$786.48K -16.17%
2009-02-28 CA$938.20K +19.51%
2008-02-29 CA$785.02K +223.47%
2007-02-28 CA$242.69K --

Equity Component Analysis

This analysis shows how different components contribute to Vertical Explorations 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 1102311100.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (February 2025)

Component Amount Percentage
Other Components CA$16.15 Million 319.36%
Total Equity CA$5.06 Million 100.00%

Vertical Explorations Inc Competitors by Market Cap

The table below lists competitors of Vertical Explorations Inc ranked by their market capitalization.

Company Market Cap
ICZOOM Group Inc. Class A Ordinary Shares
NASDAQ:IZM
 		$3.32 Million
Dotz Nano Ltd
F:57N
 		$3.32 Million
Ferrexpo PLC
LSE:FXPO
 		$3.32 Million
Netcapital Inc
NASDAQ:NCPL
 		$3.33 Million
Raja Ferry Port Public Company Limited
BK:RP
 		$3.32 Million
ODI PHARMA AB
F:6OD
 		$3.31 Million
BIOMIND LABS INC.
F:3XI
 		$3.31 Million
Coloseum Holding a.s.
PR:COLOS
 		$3.31 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Vertical Explorations Inc's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 5,444,640 to 5,057,054, a change of -387,586 (-7.1%).
  • Net loss of 431,686 reduced equity.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income CA$-431.69K -8.54%
Other Changes CA$44.10K +0.87%
Total Change CA$- -7.12%

Book Value vs Market Value Analysis

This analysis compares Vertical Explorations 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: 0.87x
  • 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 0.19x to 0.87x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2007-02-28 CA$0.16 CA$0.03 x
2008-02-29 CA$0.45 CA$0.03 x
2009-02-28 CA$0.35 CA$0.03 x
2010-02-28 CA$0.28 CA$0.03 x
2011-02-28 CA$0.46 CA$0.03 x
2012-02-29 CA$0.14 CA$0.03 x
2013-02-28 CA$0.12 CA$0.03 x
2014-02-28 CA$0.09 CA$0.03 x
2015-02-28 CA$-0.04 CA$0.03 x
2016-02-29 CA$-0.07 CA$0.03 x
2017-02-28 CA$-0.08 CA$0.03 x
2018-02-28 CA$0.02 CA$0.03 x
2019-02-28 CA$0.03 CA$0.03 x
2020-02-29 CA$0.02 CA$0.03 x
2021-02-28 CA$0.02 CA$0.03 x
2022-02-28 CA$0.06 CA$0.03 x
2023-02-28 CA$0.04 CA$0.03 x
2024-02-29 CA$0.04 CA$0.03 x
2025-02-28 CA$0.03 CA$0.03 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Vertical Explorations 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): -8.54%
  • 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: 1.19x
  • Recent ROE (-8.54%) is above the historical average (-35.77%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2007 -28.77% 0.00% 0.00x 1.02x CA$-94.08K
2008 -60.99% 0.00% 0.00x 1.04x CA$-557.32K
2009 -25.07% 0.00% 0.00x 1.03x CA$-329.05K
2010 -23.61% 0.00% 0.00x 1.08x CA$-264.37K
2011 -28.82% 0.00% 0.00x 1.06x CA$-583.83K
2012 -208.03% 0.00% 0.00x 1.48x CA$-1.48 Million
2013 -69.04% 0.00% 0.00x 1.23x CA$-782.25K
2014 -64.01% 0.00% 0.00x 1.51x CA$-790.54K
2015 0.00% 0.00% 0.00x 0.00x CA$-2.00 Million
2016 0.00% 0.00% 0.00x 0.00x CA$-323.75K
2017 0.00% 0.00% 0.00x 0.00x CA$40.57K
2018 -39.54% 0.00% 0.00x 1.86x CA$-273.78K
2019 -36.36% 0.00% 0.00x 1.41x CA$-707.66K
2020 -25.09% 0.00% 0.00x 1.34x CA$-499.12K
2021 -14.83% 0.00% 0.00x 1.18x CA$-471.71K
2022 -18.03% 0.00% 0.00x 1.03x CA$-1.53 Million
2023 -11.26% 0.00% 0.00x 1.12x CA$-1.06 Million
2024 -17.55% 0.00% 0.00x 1.12x CA$-1.50 Million
2025 -8.54% 0.00% 0.00x 1.19x CA$-937.39K

Industry Comparison

This section compares Vertical Explorations 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: $38,091,021
  • Average return on equity (ROE) among peers: -44.98%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Vertical Explorations Inc (VERT) CA$5.04 Million -28.77% 0.19x $3.32 Million
Aftermath Silver Ltd (AAG) $5.83 Million -52.14% 0.17x $215.07 Million
Aton Resources Inc (AAN) $-970.51K 0.00% 0.00x $52.55 Million
Asbestos Corporation Limited (AB-H) $-24.43 Million 0.00% 0.00x $1.85 Million
Arbor Metals Corp (ABR) $700.32K -22.12% 0.03x $10.15 Million
Asiabasemetals Inc (ABZ) $557.59K -47.89% 0.13x $5.75 Million
Adex Mining Inc (ADE) $-5.15 Million 0.00% 0.00x $27.09 Million
AE Fuels Corporation (AEF) $94.17K -158.20% 2.20x $4.95 Million
Alphamin Res (AFM) $365.51 Million 12.92% 0.41x $1.27 Billion
African Metals Corporation (AFR) $401.19K -134.87% 0.17x $1.00 Million
Silver X Mining Corp (AGX) $38.37 Million -47.47% 0.73x $148.73 Million

About Vertical Explorations Inc

V:VERT Canada Other Industrial Metals & Mining
Market Cap
$3.32 Million
CA$4.59 Million CAD
Market Cap Rank
#32952 Global
#1485 in Canada
Share Price
CA$0.03
Change (1 day)
-14.29%
52-Week Range
CA$0.03 - CA$0.07
All Time High
CA$0.39
Categories
Companies in Canada Other Industrial Metals & Mining
About

Vertical Exploration Inc., a junior mining company, engages in the acquisition, exploration, and evaluation of mineral properties in Canada. Its flagship project is the 100% owned St-Onge Wollastonite project comprises 26 map-designated cells covering an area of approximately 1,465 hectares located at St-Onge township in the Saguenay-Lac-St-Jean region of Quebec province. The company was formerly… Read more