Whitemud Resources Inc.
Whitemud Resources Inc. engages in the mining, processing, and marketing of kaolin and metakaolin products in Canada. It operates in two segments, Metakaolin and Commodities. The company offers EnviroPozz metakaolin, which is processed from naturally occurring kaolin clay into a dry, off-white fine powder cementitious material. It also involved in the managing and marketing commodities. The compa… Read more
Whitemud Resources Inc. (WHTEF) - Net Assets
Latest net assets as of June 2024: $-3.01 Million USD
Based on the latest financial reports, Whitemud Resources Inc. (WHTEF) has net assets worth $-3.01 Million USD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($8.39 Million) and total liabilities ($11.39 Million). 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 | $-3.01 Million |
| % of Total Assets | -35.87% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Whitemud Resources Inc. - Net Assets Trend (2019–2023)
This chart illustrates how Whitemud Resources 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 Whitemud Resources Inc. (2019–2023)
The table below shows the annual net assets of Whitemud Resources Inc. from 2019 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $-2.11 Million | -221.19% |
| 2022-12-31 | $-658.16K | -5.85% |
| 2021-12-31 | $-621.81K | -141.12% |
| 2020-12-31 | $1.51 Million | +109.01% |
| 2019-12-31 | $-16.79 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Whitemud Resources 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 grown by 1467171900.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $83.26 Million | % |
| Total Equity | $-2.11 Million | 100.00% |
Whitemud Resources Inc. Competitors by Market Cap
The table below lists competitors of Whitemud Resources Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Pohjanmaan Arvo Sijoitusosuuskunta
HE:ARVOSK
|
$828.16K |
|
LUKA KOPER d.d.
F:2FA
|
$828.95K |
|
CDN IMPERIAL BANK
MU:CAI
|
$829.67K |
|
IAUCL
SN:IAUCL
|
$829.68K |
|
WAYFAIR
BE:1WF
|
$825.45K |
|
Lingotes Especiales S.A.
LSE:0F3G
|
$825.34K |
|
Robeco Sust Global Stars Eqs Fd – EUR E
AS:ROBA
|
$824.86K |
|
Chijet Motor Company, Inc. Ordinary Shares
NASDAQ:CJET
|
$824.78K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Whitemud Resources Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -658,164 to -2,113,937, a change of -1,455,773.
- Net loss of 1,459,279 reduced equity.
- Other factors increased equity by 3,506.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.46 Million | -69.03% |
| Other Changes | $3.51K | +0.17% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Whitemud Resources 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $-0.05 | $0.05 | x |
| 2020-12-31 | $0.00 | $0.05 | x |
| 2021-12-31 | $0.00 | $0.05 | x |
| 2022-12-31 | $0.00 | $0.05 | x |
| 2023-12-31 | $-0.01 | $0.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Whitemud Resources 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3931.99%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (242.05%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 0.00% | 46.72% | 0.47x | 0.00x | $3.76 Million |
| 2020 | 1210.27% | 639.02% | 0.39x | 4.91x | $18.15 Million |
| 2021 | 0.00% | -364.43% | 0.17x | 0.00x | $-2.07 Million |
| 2022 | 0.00% | -5.59% | 0.20x | 0.00x | $29.46K |
| 2023 | 0.00% | -3931.99% | 0.02x | 0.00x | $-1.25 Million |
Industry Comparison
This section compares Whitemud Resources Inc.'s net assets metrics with peer companies in the same industry.
No peer company data available for comparison.