Viscount Mining Corp. (VML) - Net Assets

Latest as of November 2025: CA$9.58 Million CAD ≈ $6.93 Million USD

Based on the latest financial reports, Viscount Mining Corp. (VML) has net assets worth CA$9.58 Million CAD (≈ $6.93 Million USD) as of November 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$9.98 Million ≈ $7.22 Million USD) and total liabilities (CA$404.62K ≈ $292.70K 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. Read Viscount Mining Corp. (VML) financial obligations for a breakdown of total debt and financial obligations.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CA$9.58 Million
% of Total Assets	95.95%
Annual Growth Rate	49.32%
5-Year Change	26.23%
10-Year Change	247.2%
Growth Volatility	571.39

Viscount Mining Corp. - Net Assets Trend (2012–2025)

This chart illustrates how Viscount Mining Corp.'s net assets have evolved over time, based on quarterly financial data. Also explore Viscount Mining Corp. assets under control for the complete picture of this company's asset base.

Annual Net Assets for Viscount Mining Corp. (2012–2025)

The table below shows the annual net assets of Viscount Mining Corp. from 2012 to 2025. For live valuation and market cap data, see Viscount Mining Corp. (VML) total market value.

Year	Net Assets	Change
2025-08-31	CA$9.70 Million ≈ $7.02 Million	+17.77%
2024-08-31	CA$8.24 Million ≈ $5.96 Million	+45.45%
2023-08-31	CA$5.66 Million ≈ $4.10 Million	-22.74%
2022-08-31	CA$7.33 Million ≈ $5.30 Million	-4.62%
2021-08-31	CA$7.69 Million ≈ $5.56 Million	-0.86%
2020-08-31	CA$7.75 Million ≈ $5.61 Million	+225.09%
2019-08-31	CA$2.38 Million ≈ $1.73 Million	-6.54%
2018-08-31	CA$2.55 Million ≈ $1.85 Million	-13.41%
2017-08-31	CA$2.95 Million ≈ $2.13 Million	+5.45%
2016-08-31	CA$2.79 Million ≈ $2.02 Million	+98.65%
2015-08-31	CA$1.41 Million ≈ $1.02 Million	+63.60%
2014-08-31	CA$859.86K ≈ $622.01K	-28.16%
2013-08-31	CA$1.20 Million ≈ $865.80K	+2161.64%
2012-08-31	CA$52.92K ≈ $38.28K	--

Equity Component Analysis

This analysis shows how different components contribute to Viscount Mining 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 1719728100.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (August 2025)

Component	Amount	Percentage
Other Components	CA$26.95 Million	277.74%
Total Equity	CA$9.70 Million	100.00%

Viscount Mining Corp. Competitors by Market Cap

The table below lists competitors of Viscount Mining Corp. ranked by their market capitalization.

Company	Market Cap
Denge Yatirim Holding AS IS:DENGE	$33.94 Million
Risma Systems AS CO:RISMA	$33.94 Million
E4U a.s. PR:EFORU	$33.95 Million
Dr Peng Telecom and Media Group Co Ltd SHG:600804	$33.96 Million
ENERGIA IN.Y DES. EO 025 F:F63	$33.92 Million
Abko Co. Ltd KQ:129890	$33.92 Million
Desert Gold Ventures Inc V:DAU	$33.91 Million
Carbon Streaming Corp NEO:NETZ	$33.91 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Viscount Mining Corp.'s equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 8,237,931 to 9,702,005, a change of 1,464,074 (17.8%).
Net loss of 1,594,565 reduced equity.
Other factors increased equity by 3,058,639.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CA$-1.59 Million	-16.44%
Other Changes	CA$3.06 Million	+31.53%
Total Change	CA$-	17.77%

Book Value vs Market Value Analysis

This analysis compares Viscount Mining 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: 4.81x
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 5.24x to 4.81x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2013-08-31	CA$0.08	CA$0.42	x
2014-08-31	CA$0.06	CA$0.42	x
2015-08-31	CA$0.05	CA$0.42	x
2016-08-31	CA$0.08	CA$0.42	x
2017-08-31	CA$0.07	CA$0.42	x
2018-08-31	CA$0.05	CA$0.42	x
2019-08-31	CA$0.05	CA$0.42	x
2020-08-31	CA$0.14	CA$0.42	x
2021-08-31	CA$0.09	CA$0.42	x
2022-08-31	CA$0.09	CA$0.42	x
2023-08-31	CA$0.06	CA$0.42	x
2024-08-31	CA$0.07	CA$0.42	x
2025-08-31	CA$0.09	CA$0.42	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Viscount Mining 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): -16.44%
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: 1.04x
Recent ROE (-16.44%) is above the historical average (-51.02%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2013	-90.30%	0.00%	0.00x	1.20x	CA$-1.20 Million
2014	-130.42%	0.00%	0.00x	1.30x	CA$-1.21 Million
2015	-106.94%	0.00%	0.00x	1.05x	CA$-1.64 Million
2016	-51.85%	0.00%	0.00x	1.05x	CA$-1.73 Million
2017	-56.10%	0.00%	0.00x	1.04x	CA$-1.95 Million
2018	-52.56%	0.00%	0.00x	1.10x	CA$-1.60 Million
2019	-46.03%	0.00%	0.00x	1.37x	CA$-1.34 Million
2020	-27.12%	0.00%	0.00x	1.06x	CA$-2.88 Million
2021	-22.54%	0.00%	0.00x	1.01x	CA$-2.50 Million
2022	-19.54%	0.00%	0.00x	1.03x	CA$-2.17 Million
2023	-29.95%	0.00%	0.00x	1.14x	CA$-2.26 Million
2024	-13.51%	0.00%	0.00x	1.07x	CA$-1.94 Million
2025	-16.44%	0.00%	0.00x	1.04x	CA$-2.56 Million

Industry Comparison

This section compares Viscount Mining Corp.'s net assets metrics with peer companies in the Other Precious Metals & Mining industry.

Industry Context

Industry: Other Precious Metals & Mining
Average net assets among peers: $19,020,437
Average return on equity (ROE) among peers: -25.95%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Viscount Mining Corp. (VML)	CA$9.58 Million	-90.30%	0.04x	$33.93 Million
AbraSilver Resource Corp. (ABRA)	$8.76 Million	-117.42%	2.77x	$1.97 Billion
Archon Minerals Ltd (ACS)	$-1.32 Million	0.00%	0.00x	$4.63 Million
Arctic Star Exploration Corp (ADD)	$7.61 Million	-10.85%	0.15x	$1.73 Million
Adyton Resources Corp (ADY)	$276.14K	-90.50%	0.96x	$80.71 Million
Adamera Minerals Corp. (ADZ)	$4.83 Million	-11.80%	0.15x	$3.91 Million
Austral Gold Ltd (AGLD)	$79.55 Million	12.51%	0.72x	$69.64 Million
Clean Air Metals Inc (AIR)	$33.89 Million	-9.22%	0.12x	$12.23 Million
Alpha Exploration Ltd (ALEX)	$15.98 Million	-2.45%	0.05x	$43.40 Million
American Creek Resources Ltd (AMK)	$14.12 Million	-24.77%	0.02x	$54.98 Million
Azucar Minerals Ltd (AMZ)	$26.52 Million	-4.99%	0.01x	$3.47 Million

About Viscount Mining Corp.

V:VML Canada Other Precious Metals & Mining

Market Cap

$33.93 Million

CA$46.91 Million CAD

Market Cap Rank

#23293 Global

#859 in Canada

Share Price

CA$0.42

Change (1 day)

+3.75%

52-Week Range

CA$0.40 - CA$1.21

All Time High

CA$1.21