WESTMINSTER RES
Solis Minerals Ltd. acquires, explores for, and develops mineral properties. The company primarily explores for copper, gold, silver, lithium, battery metals, and iron oxide. The company was formerly known as Westminster Resources Ltd. and changed its name to Solis Minerals Ltd. in July 2021. Solis Minerals Ltd. was incorporated in 2005 and is headquartered in Vancouver, Canada.
WESTMINSTER RES (08W) - Net Assets
Latest net assets as of February 2025: €8.70 Million EUR
Based on the latest financial reports, WESTMINSTER RES (08W) has net assets worth €8.70 Million EUR as of February 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€9.20 Million) and total liabilities (€505.04K). 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 | €8.70 Million |
| % of Total Assets | 94.51% |
| Annual Growth Rate | -8.94% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 16.39 |
WESTMINSTER RES - Net Assets Trend (2021–2023)
This chart illustrates how WESTMINSTER RES's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for WESTMINSTER RES (2021–2023)
The table below shows the annual net assets of WESTMINSTER RES from 2021 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-05-31 | €4.66 Million | -23.86% |
| 2022-05-31 | €6.13 Million | +8.92% |
| 2021-05-31 | €5.62 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to WESTMINSTER RES'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 458016100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (May 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €32.39 Million | 694.48% |
| Total Equity | €4.66 Million | 100.00% |
WESTMINSTER RES Competitors by Market Cap
The table below lists competitors of WESTMINSTER RES ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CEA Industries Inc
NASDAQ:CEAD
|
$5.16 Million |
|
PRI EKOPARK SA ZY -10
F:NPA
|
$5.16 Million |
|
Celyad SA
BR:CYAD
|
$5.17 Million |
|
QPR Software Oyj
HE:QPR1V
|
$5.17 Million |
|
Getabec Public Company Limited
BK:GTB
|
$5.16 Million |
|
Amesite Operating Co
NASDAQ:AMST
|
$5.16 Million |
|
Mobivity Holdings
OTCQB:MFON
|
$5.15 Million |
|
TARGETSPOT S.A. EO 1
F:6YW
|
$5.15 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in WESTMINSTER RES's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 6,125,843 to 4,664,410, a change of -1,461,433 (-23.9%).
- Net loss of 1,461,433 reduced equity.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-1.46 Million | -31.33% |
| Total Change | €- | -23.86% |
Book Value vs Market Value Analysis
This analysis compares WESTMINSTER RES'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: 0.78x
- 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 0.35x to 0.78x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-05-31 | €0.17 | €0.06 | x |
| 2022-05-31 | €0.10 | €0.06 | x |
| 2023-05-31 | €0.08 | €0.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently WESTMINSTER RES 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): -31.33%
- 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: 1.12x
- Recent ROE (-31.33%) is below the historical average (-28.51%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -3.29% | 0.00% | 0.00x | 1.10x | €-747.37K |
| 2022 | -50.91% | 0.00% | 0.00x | 1.16x | €-3.73 Million |
| 2023 | -31.33% | 0.00% | 0.00x | 1.12x | €-1.93 Million |
Industry Comparison
This section compares WESTMINSTER RES's net assets metrics with peer companies in the same industry.
Industry Context
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| WESTMINSTER RES (08W) | €8.70 Million | -3.29% | 0.06x | $5.16 Million |
| Hanna Capital Corp (04U1) | $-79.29K | 0.00% | 0.00x | $116.52K |
| Axonics Inc (0I3) | $570.14 Million | -10.47% | 0.16x | $3.29 Billion |
| Global Bioenergies SA (1DK) | $14.81 Million | -86.04% | 0.89x | $369.68K |
| GIEAG Immobilien AG (2GI) | $41.80 Million | 40.21% | 8.93x | $15.57K |
| 2invest AG (2INV) | $82.61 Million | -2.29% | 0.06x | $13.67 Million |
| PT Central Proteina Prima Tbk (4PT) | $3.42 Trillion | 11.74% | 1.00x | $6.90 Million |
| DGH Deutsche Grundwert Holding AG (5TR) | $0.00 | 0.00% | 0.00x | $18.45K |
| SOFTCHOICE CORP. (90Q) | $58.23 Million | -19.76% | 10.01x | $470.36 Million |
| ALBA SE (ABA) | $142.95 Million | 5.25% | 0.45x | $5.10 Million |