Zephyr Minerals Ltd Net Assets

Latest as of September 2025: CA$5.26 Million CAD ≈ $3.81 Million USD

Zephyr Minerals Ltd net assets. Based on the latest financial reports, Zephyr Minerals Ltd (ZFR) has net assets worth CA$5.26 Million CAD (≈ $3.81 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$5.51 Million ≈ $3.99 Million USD) and total liabilities (CA$250.96K ≈ $181.54K 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. Also explore Zephyr Minerals Ltd equity growth rate to track the company's year-over-year net asset growth rate.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CA$5.26 Million
% of Total Assets	95.45%
Annual Growth Rate	15.31%
5-Year Change	-30.19%
10-Year Change	125.76%
Growth Volatility	50.85

Net Assets of Zephyr Minerals Ltd (2011–2024)

Net assets of Zephyr Minerals Ltd from 2011 to 2024. This chart illustrates how Zephyr Minerals Ltd's net assets have evolved over time, based on quarterly financial data. See Zephyr Minerals Ltd balance sheet quality to measure how much of total assets are equity-financed.

Annual Net Assets for Zephyr Minerals Ltd (2011–2024)

The table below shows the annual net assets of Zephyr Minerals Ltd from 2011 to 2024. For live market cap and overall valuation, see ZFR market cap overview.

Year	Net Assets	Change
2024-12-31	CA$5.13 Million ≈ $3.71 Million	+0.41%
2023-12-31	CA$5.11 Million ≈ $3.70 Million	-24.38%
2022-12-31	CA$6.76 Million ≈ $4.89 Million	-4.09%
2021-12-31	CA$7.05 Million ≈ $5.10 Million	-4.14%
2020-12-31	CA$7.35 Million ≈ $5.32 Million	+61.59%
2019-12-31	CA$4.55 Million ≈ $3.29 Million	+13.62%
2018-12-31	CA$4.01 Million ≈ $2.90 Million	+39.85%
2017-12-31	CA$2.86 Million ≈ $2.07 Million	+29.20%
2016-12-31	CA$2.22 Million ≈ $1.60 Million	-2.52%
2015-12-31	CA$2.27 Million ≈ $1.65 Million	+153.99%
2014-12-31	CA$895.40K ≈ $647.72K	+11.58%
2013-12-31	CA$802.49K ≈ $580.51K	+90.60%
2012-12-31	CA$421.04K ≈ $304.57K	-47.72%
2011-12-31	CA$805.39K ≈ $582.61K	--

Equity Component Analysis

This analysis shows how different components contribute to Zephyr Minerals Ltd'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 765846700.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Zephyr Minerals Ltd Net Assets Breakdown (December 2024)

Zephyr Minerals Ltd net assets breakdown by equity component as of December 2024.

Component	Amount	Percentage
Other Components	CA$13.41 Million	261.23%
Total Equity	CA$5.13 Million	100.00%

Zephyr Minerals Ltd Competitors by Market Cap

The table below lists competitors of Zephyr Minerals Ltd ranked by their market capitalization.

Company	Market Cap
Trinity Biotech plc NASDAQ:TRIB	$5.33 Million
Artemis Resources Ltd AU:ARV	$5.34 Million
Nacon S.A. PA:NACON	$5.34 Million
Instinct Bio Technical Company Holdings Inc. Ordinary Shares NASDAQ:BIOT	$5.34 Million
Nvni Group Limited Ordinary Shares NASDAQ:NVNI	$5.33 Million
Industronics Bhd KLSE:9393	$5.33 Million
Game Your Game, Inc. Common Stock NASDAQ:GYGY	$5.33 Million
Questor Technology Inc. V:QST	$5.32 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Zephyr Minerals Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 5,113,582 to 5,134,296, a change of 20,714 (0.4%).
Net loss of 175,288 reduced equity.
New share issuances of 189,602 increased equity.
Other comprehensive income decreased equity by 2,716,079.
Other factors increased equity by 2,722,479.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CA$-175.29K	-3.41%
Share Issuances	CA$189.60K	+3.69%
Other Comprehensive Income	CA$-2.72 Million	-52.9%
Other Changes	CA$2.72 Million	+53.03%
Total Change	CA$-	0.41%

Book Value vs Market Value Analysis

This analysis compares Zephyr Minerals Ltd'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: 1.23x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2011-12-31	CA$0.06	CA$0.08	x
2012-12-31	CA$0.03	CA$0.08	x
2013-12-31	CA$0.04	CA$0.08	x
2014-12-31	CA$0.04	CA$0.08	x
2015-12-31	CA$0.09	CA$0.08	x
2016-12-31	CA$0.07	CA$0.08	x
2017-12-31	CA$0.08	CA$0.08	x
2018-12-31	CA$0.09	CA$0.08	x
2019-12-31	CA$0.09	CA$0.08	x
2020-12-31	CA$0.12	CA$0.08	x
2021-12-31	CA$0.10	CA$0.08	x
2022-12-31	CA$0.10	CA$0.08	x
2023-12-31	CA$0.07	CA$0.08	x
2024-12-31	CA$0.06	CA$0.08	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Zephyr Minerals Ltd 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): -3.41%
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 (-3.41%) is above the historical average (-31.54%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2011	-70.66%	0.00%	0.00x	1.05x	CA$-649.63K
2012	-166.60%	0.00%	0.00x	1.25x	CA$-743.55K
2013	-41.83%	0.00%	0.00x	1.04x	CA$-415.90K
2014	-19.92%	0.00%	0.00x	1.07x	CA$-267.88K
2015	-12.51%	0.00%	0.00x	1.03x	CA$-511.85K
2016	-15.63%	0.00%	0.00x	1.08x	CA$-568.25K
2017	-17.99%	0.00%	0.00x	1.06x	CA$-801.76K
2018	-10.09%	0.00%	0.00x	1.03x	CA$-804.89K
2019	-13.47%	0.00%	0.00x	1.02x	CA$-1.07 Million
2020	-8.54%	0.00%	0.00x	1.01x	CA$-1.36 Million
2021	-8.87%	0.00%	0.00x	1.02x	CA$-1.33 Million
2022	-11.40%	0.00%	0.00x	1.02x	CA$-1.45 Million
2023	-40.68%	0.00%	0.00x	1.03x	CA$-2.59 Million
2024	-3.41%	0.00%	0.00x	1.04x	CA$-688.72K

Industry Comparison

This section compares Zephyr Minerals Ltd's net assets metrics with peer companies in the Gold industry.

Industry Context

Industry: Gold
Average net assets among peers: $677,650,424
Average return on equity (ROE) among peers: -20.45%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Zephyr Minerals Ltd (ZFR)	CA$5.26 Million	-70.66%	0.05x	$5.33 Million
Allied Gold Corporation (AAUC)	$111.36 Million	-6.66%	4.92x	$2.40 Billion
Abcourt Mines Inc. (ABI)	$-3.13 Million	0.00%	0.00x	$47.48 Million
Barrick Gold Corp (ABX)	$3.85 Billion	10.41%	0.78x	$61.83 Billion
American Eagle Gold Corp (AE)	$830.83K	-165.75%	0.05x	$133.41 Million
Agnico Eagle Mines Limited (AEM)	$110.01 Million	9.00%	1.33x	$85.78 Billion
Alamos Gold Inc (AGI)	$2.70 Billion	3.57%	0.26x	$11.51 Billion
AIS Resources Ltd (AIS)	$2.27 Million	1.48%	0.03x	$2.02 Million
Alliance Mining Corp (ALM)	$-2.44 Million	0.00%	0.00x	$2.09 Million
Altamira Gold Corp (ALTA)	$2.59 Million	-43.05%	0.10x	$38.63 Million
Almaden Minerals Ltd (AMM)	$9.85 Million	-13.46%	0.05x	$24.82 Million

About Zephyr Minerals Ltd

V:ZFR Canada Gold

Market Cap

$5.33 Million

CA$7.37 Million CAD

Market Cap Rank

#28376 Global

#1235 in Canada

Share Price

CA$0.08

Change (1 day)

+0.00%

52-Week Range

CA$0.05 - CA$0.09

All Time High

CA$1.11