Vendetta Mining Corp (VTT) - Net Assets
Based on the latest financial reports, Vendetta Mining Corp (VTT) has net assets worth CA$4.54 Million CAD (≈ $3.28 Million USD) as of February 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$6.11 Million ≈ $4.42 Million USD) and total liabilities (CA$1.57 Million ≈ $1.13 Million 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 VTT capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$4.54 Million |
| % of Total Assets | 74.31% |
| Annual Growth Rate | 25.2% |
| 5-Year Change | 59.64% |
| 10-Year Change | 128.54% |
| Growth Volatility | 106.23 |
Vendetta Mining Corp - Net Assets Trend (2010–2025)
This chart illustrates how Vendetta Mining Corp's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Vendetta Mining Corp market cap and net worth.
Annual Net Assets for Vendetta Mining Corp (2010–2025)
The table below shows the annual net assets of Vendetta Mining Corp from 2010 to 2025. Also explore Vendetta Mining Corp (VTT) net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-05-31 | CA$4.99 Million ≈ $3.61 Million |
-4.31% |
| 2024-05-31 | CA$5.21 Million ≈ $3.77 Million |
-11.33% |
| 2023-05-31 | CA$5.88 Million ≈ $4.25 Million |
-18.49% |
| 2022-05-31 | CA$7.21 Million ≈ $5.22 Million |
+130.83% |
| 2021-05-31 | CA$3.12 Million ≈ $2.26 Million |
+50.33% |
| 2020-05-31 | CA$2.08 Million ≈ $1.50 Million |
-8.56% |
| 2019-05-31 | CA$2.27 Million ≈ $1.64 Million |
-8.20% |
| 2018-05-31 | CA$2.48 Million ≈ $1.79 Million |
-47.66% |
| 2017-05-31 | CA$4.73 Million ≈ $3.42 Million |
+116.76% |
| 2016-05-31 | CA$2.18 Million ≈ $1.58 Million |
+243.25% |
| 2015-05-31 | CA$635.87K ≈ $459.98K |
+519.76% |
| 2014-05-31 | CA$-151.48K ≈ $-109.58K |
-230.37% |
| 2013-05-31 | CA$116.20K ≈ $84.06K |
-3.40% |
| 2012-05-31 | CA$120.29K ≈ $87.02K |
-64.52% |
| 2011-05-31 | CA$339.03K ≈ $245.25K |
+97.96% |
| 2010-05-31 | CA$171.26K ≈ $123.89K |
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Equity Component Analysis
This analysis shows how different components contribute to Vendetta 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 2434453900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (May 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$29.55 Million | 592.46% |
| Total Equity | CA$4.99 Million | 100.00% |
Vendetta Mining Corp Competitors by Market Cap
The table below lists competitors of Vendetta Mining Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NEX Metals Exploration Ltd
AU:NME
|
$3.63 Million |
|
City Office
NYSE:CIO
|
$3.63 Million |
|
Tersis Technologies Inc.
NASDAQ:TERS
|
$3.63 Million |
|
Remsense Technologies Ltd
AU:REM
|
$3.64 Million |
|
IPB Petroleum Ltd
AU:IPB
|
$3.62 Million |
|
Mare Nostrum
PA:ALMAR
|
$3.62 Million |
|
Nrgene Technologies Ltd
TA:NRGN
|
$3.62 Million |
|
MANTLE MINERALS
F:MXB0
|
$3.62 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Vendetta Mining Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 5,213,034 to 4,988,231, a change of -224,803 (-4.3%).
- Net loss of 602,834 reduced equity.
- New share issuances of 395,000 increased equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-602.83K | -12.09% |
| Share Issuances | CA$395.00K | +7.92% |
| Other Changes | CA$-16.97K | -0.34% |
| Total Change | CA$- | -4.31% |
Book Value vs Market Value Analysis
This analysis compares Vendetta 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: 1.45x
- 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 0.61x to 1.45x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-05-31 | CA$0.03 | CA$0.02 | x |
| 2012-05-31 | CA$0.01 | CA$0.02 | x |
| 2013-05-31 | CA$0.01 | CA$0.02 | x |
| 2014-05-31 | CA$-0.01 | CA$0.02 | x |
| 2015-05-31 | CA$0.03 | CA$0.02 | x |
| 2016-05-31 | CA$0.09 | CA$0.02 | x |
| 2017-05-31 | CA$0.06 | CA$0.02 | x |
| 2018-05-31 | CA$0.02 | CA$0.02 | x |
| 2019-05-31 | CA$0.01 | CA$0.02 | x |
| 2020-05-31 | CA$0.01 | CA$0.02 | x |
| 2021-05-31 | CA$0.02 | CA$0.02 | x |
| 2022-05-31 | CA$0.03 | CA$0.02 | x |
| 2023-05-31 | CA$0.02 | CA$0.02 | x |
| 2024-05-31 | CA$0.02 | CA$0.02 | x |
| 2025-05-31 | CA$0.01 | CA$0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Vendetta Mining Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -12.09%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.25x
- Recent ROE (-12.09%) is above the historical average (-90.87%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | -131.20% | 0.00% | 0.00x | 1.18x | CA$-478.71K |
| 2012 | -181.84% | 0.00% | 0.00x | 1.42x | CA$-230.77K |
| 2013 | -89.76% | 0.00% | 0.00x | 1.36x | CA$-115.91K |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-260.53K |
| 2015 | -237.37% | 0.00% | 0.00x | 1.25x | CA$-1.57 Million |
| 2016 | -50.70% | 0.00% | 0.00x | 1.18x | CA$-1.32 Million |
| 2017 | -64.69% | 0.00% | 0.00x | 1.10x | CA$-3.53 Million |
| 2018 | -266.40% | 0.00% | 0.00x | 1.19x | CA$-6.84 Million |
| 2019 | -138.56% | 0.00% | 0.00x | 2.70x | CA$-3.38 Million |
| 2020 | -93.51% | 0.00% | 0.00x | 2.98x | CA$-2.15 Million |
| 2021 | -20.76% | 0.00% | 0.00x | 2.02x | CA$-961.33K |
| 2022 | -21.93% | 0.00% | 0.00x | 1.06x | CA$-2.30 Million |
| 2023 | -41.43% | 0.00% | 0.00x | 1.09x | CA$-3.02 Million |
| 2024 | -12.78% | 0.00% | 0.00x | 1.17x | CA$-1.19 Million |
| 2025 | -12.09% | 0.00% | 0.00x | 1.25x | CA$-1.10 Million |
Industry Comparison
This section compares Vendetta Mining Corp'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: $36,030,955
- Average return on equity (ROE) among peers: -14.60%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Vendetta Mining Corp (VTT) | CA$4.54 Million | -131.20% | 0.35x | $3.63 Million |
| Aftermath Silver Ltd (AAG) | $-31.00K | 0.00% | 0.00x | $170.52 Million |
| Aton Resources Inc (AAN) | $-1.00 Million | 0.00% | 0.00x | $45.18 Million |
| Arbor Metals Corp (ABR) | $10.98 Million | -14.09% | 0.06x | $5.80 Million |
| Asiabasemetals Inc (ABZ) | $-637.51K | 0.00% | 0.00x | $2.91 Million |
| Adex Mining Inc (ADE) | $-5.15 Million | 0.00% | 0.00x | $44.09 Million |
| Alphamin Res (AFM) | $1.24 Million | -29.70% | 0.12x | $1.30 Billion |
| Silver X Mining Corp (AGX) | $6.99 Million | -54.56% | 0.04x | $148.73 Million |
| Amarc Resources Ltd. (AHR) | $1.83 Million | -2.38% | 4.39x | $159.91 Million |
| Almonty Industries Inc (AII) | $357.81 Million | -45.25% | 0.65x | $3.18 Billion |
| Aldebaran Resources Inc (ALDE) | $-11.72 Million | 0.00% | 0.00x | $382.92 Million |
About Vendetta Mining Corp
Vendetta Mining Corp., an exploration company, engages in the acquisition and exploration of resource properties in Australia. The company explores for lead, zinc, and silver deposits. It holds a 100% interest in the Pegmont property that consists of three granted mining leases and one exploration permit covering an area of approximately 8,290 hectares located in northwest Queensland, Australia. … Read more