Pathfinder Ventures Inc
Pathfinder Ventures Inc. provides short- and long-term accommodation services in Canada. The company provides its accommodation through its land and on-site facilities. It also offers management services for third-party recreation parks. In addition, the company operates RV parks and campgrounds under the Pathfinder Camp Resorts brand name. Pathfinder Ventures Inc. is headquartered in Langley, Ca… Read more
Pathfinder Ventures Inc (RVRVF) - Net Assets
Latest net assets as of September 2025: $1.36 Million USD
Based on the latest financial reports, Pathfinder Ventures Inc (RVRVF) has net assets worth $1.36 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 ($14.50 Million) and total liabilities ($13.14 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 | $1.36 Million |
| % of Total Assets | 9.39% |
| Annual Growth Rate | -10.64% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 38.78 |
Pathfinder Ventures Inc - Net Assets Trend (2020–2024)
This chart illustrates how Pathfinder Ventures 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 Pathfinder Ventures Inc (2020–2024)
The table below shows the annual net assets of Pathfinder Ventures Inc from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $2.25 Million | +26.52% |
| 2023-12-31 | $1.78 Million | -42.29% |
| 2022-12-31 | $3.08 Million | -39.58% |
| 2021-12-31 | $5.09 Million | +44.56% |
| 2020-12-31 | $3.52 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Pathfinder Ventures 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 decreased by 951601300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $12.43 Million | 553.43% |
| Total Equity | $2.25 Million | 100.00% |
Pathfinder Ventures Inc Competitors by Market Cap
The table below lists competitors of Pathfinder Ventures Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PT Chemstar Indonesia Tbk
JK:CHEM
|
$2.55 Million |
|
Encres Dubuit SA
PA:ALDUB
|
$2.55 Million |
|
Golden Ridge Resources Ltd
PINK:GORIF
|
$2.55 Million |
|
Mittal Life Style Limited
NSE:MITTAL
|
$2.55 Million |
|
Botala Energy Ltd
AU:BTE
|
$2.55 Million |
|
Linkage Global Inc Ordinary Shares
NASDAQ:LGCB
|
$2.55 Million |
|
Qilian International Holding Group Limited
NASDAQ:BGM
|
$2.55 Million |
|
GREENHY2 Ltd
AU:H2G
|
$2.55 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pathfinder Ventures Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,775,128 to 2,245,965, a change of 470,837 (26.5%).
- Net loss of 2,042,976 reduced equity.
- New share issuances of 2,307,500 increased equity.
- Other comprehensive income decreased equity by 1,228,856.
- Other factors increased equity by 1,435,169.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.04 Million | -90.96% |
| Share Issuances | $2.31 Million | +102.74% |
| Other Comprehensive Income | $-1.23 Million | -54.71% |
| Other Changes | $1.44 Million | +63.9% |
| Total Change | $- | 26.52% |
Book Value vs Market Value Analysis
This analysis compares Pathfinder Ventures 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
- Current price-to-book ratio: 1.35x
- 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 0.03x to 1.35x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $2.04 | $0.07 | x |
| 2021-12-31 | $0.43 | $0.07 | x |
| 2022-12-31 | $0.22 | $0.07 | x |
| 2023-12-31 | $0.12 | $0.07 | x |
| 2024-12-31 | $0.05 | $0.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pathfinder Ventures 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): -90.96%
- 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: 6.76x
- Recent ROE (-90.96%) is below the historical average (-60.89%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -18.96% | -612.87% | 0.01x | 2.68x | $-1.02 Million |
| 2021 | -52.33% | -108.20% | 0.16x | 3.09x | $-3.17 Million |
| 2022 | -54.08% | -49.36% | 0.23x | 4.87x | $-1.97 Million |
| 2023 | -88.09% | -46.45% | 0.24x | 7.92x | $-1.74 Million |
| 2024 | -90.96% | 0.00% | 0.00x | 6.76x | $-2.27 Million |
Industry Comparison
This section compares Pathfinder Ventures Inc's net assets metrics with peer companies in the Resorts & Casinos industry.
Industry Context
- Industry: Resorts & Casinos
- Average net assets among peers: $3,859,979,137
- Average return on equity (ROE) among peers: -4.40%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pathfinder Ventures Inc (RVRVF) | $1.36 Million | -18.96% | 9.65x | $2.55 Million |
| Archon Corporation (ARHN) | $24.65 Million | -30.23% | 8.66x | $132.68K |
| Bally's Corp (BALY) | $211.41 Million | 26.08% | 3.83x | $133.77 Million |
| Bloomberry Resorts Corporation (BLBRF) | $30.29 Billion | 20.05% | 1.40x | $522.71 Million |
| Blue Ridge Real Estate Company (BRRE) | $-708.73K | 0.00% | 0.00x | $8.61 Million |
| Boyd Gaming Corporation (BYD) | $1.11 Billion | 10.52% | 2.51x | $4.44 Billion |
| Banyan Tree Holdings Limited (BYNEF) | $719.75 Million | 1.87% | 1.27x | $195.40K |
| Concorde Gaming Corporation (CGAM) | $1.98 Million | -48.86% | 7.92x | $0.91 |
| Century Casinos Inc (CNTY) | $126.98 Million | -37.80% | 4.36x | $29.64 Million |
| Canterbury Park Holding Corporation (CPHC) | $49.42 Million | 5.50% | 0.32x | $39.22 Million |
| Caesars Entertainment Corporation (CZR) | $6.07 Billion | 8.83% | 2.67x | $3.95 Billion |