Wedgemount Resources Corp.
Wedgemount Resources Corp. engages in the acquisition, optimization, and exploitation of producing oil and gas assets in the United States of America. The company is involved in the exploration and development of petroleum and natural gas. Wedgemount Resources Corp. was incorporated in 2020 and is headquartered in West Vancouver, Canada.
Wedgemount Resources Corp. (WDGRF) - Net Assets
Latest net assets as of October 2025: $-9.75 Million USD
Based on the latest financial reports, Wedgemount Resources Corp. (WDGRF) has net assets worth $-9.75 Million USD as of October 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($8.02 Million) and total liabilities ($17.77 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 | $-9.75 Million |
| % of Total Assets | -121.51% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 365.15 |
Wedgemount Resources Corp. - Net Assets Trend (2021–2025)
This chart illustrates how Wedgemount Resources Corp.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Wedgemount Resources Corp. (2021–2025)
The table below shows the annual net assets of Wedgemount Resources Corp. from 2021 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-07-31 | $-8.48 Million | -572.43% |
| 2024-07-31 | $1.80 Million | -40.06% |
| 2023-07-31 | $3.00 Million | +459.96% |
| 2022-07-31 | $535.06K | -69.15% |
| 2021-07-31 | $1.73 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Wedgemount Resources 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 1580777000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (July 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $8.22 Million | % |
| Total Equity | $-8.48 Million | 100.00% |
Wedgemount Resources Corp. Competitors by Market Cap
The table below lists competitors of Wedgemount Resources Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Arax Holdings Corp
PINK:ARAT
|
$2.33 Million |
|
Sycal Ventures Bhd
KLSE:9717
|
$2.33 Million |
|
Eniro Group AB
LSE:0YG8
|
$2.33 Million |
|
Zantat Holdings Berhad
KLSE:0301
|
$2.33 Million |
|
Bio-Gene Technology Ltd
AU:BGT
|
$2.33 Million |
|
F5 NETWORKS - Dusseldorf Stock Exchang
DU:FFV
|
$2.33 Million |
|
IPHSF
OTCGREY:IPHSF
|
$2.33 Million |
|
China Ouhua Winery Holdings
KLSE:5188
|
$2.33 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wedgemount Resources Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,795,801 to -8,483,914, a change of -10,279,715 (-572.4%).
- Net loss of 11,651,343 reduced equity.
- New share issuances of 790,247 increased equity.
- Other factors increased equity by 581,381.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-11.65 Million | -137.33% |
| Share Issuances | $790.25K | +9.31% |
| Other Changes | $581.38K | +6.85% |
| Total Change | $- | -572.43% |
Book Value vs Market Value Analysis
This analysis compares Wedgemount Resources 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-07-31 | $0.07 | $0.05 | x |
| 2022-07-31 | $0.02 | $0.05 | x |
| 2023-07-31 | $0.06 | $0.05 | x |
| 2024-07-31 | $0.03 | $0.05 | x |
| 2025-07-31 | $-0.13 | $0.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wedgemount Resources 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -777.41%
- • Asset Turnover: 0.18x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-110.63%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | -310.84% | 0.00% | 0.00x | 1.15x | $-1.72 Million |
| 2023 | -45.34% | -464.97% | 0.06x | 1.72x | $-1.66 Million |
| 2024 | -86.33% | -143.29% | 0.15x | 4.14x | $-1.73 Million |
| 2025 | 0.00% | -777.41% | 0.18x | 0.00x | $-10.80 Million |
Industry Comparison
This section compares Wedgemount Resources Corp.'s net assets metrics with peer companies in the Oil & Gas E&P industry.
Industry Context
- Industry: Oil & Gas E&P
- Average net assets among peers: $1,751,793,864
- Average return on equity (ROE) among peers: -1.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wedgemount Resources Corp. (WDGRF) | $-9.75 Million | -310.84% | N/A | $2.33 Million |
| Advantage Energy Ltd. (AAVVF) | $1.33 Billion | 0.83% | 0.33x | $922.80 Million |
| ADX Energy Ltd (ADXRF) | $4.37 Million | -14.30% | 0.01x | $9.58 Million |
| ARC Resources Ltd. (AETUF) | $3.40 Billion | 7.09% | 0.69x | $10.30 Billion |
| Aminex PLC (AEXFF) | $7.53 Million | -11.90% | 0.27x | $77.17 Million |
| Aker BP ASA (AKRBF) | $12.69 Billion | 14.40% | 2.32x | $6.29 Billion |
| Arkanova Energy Corporation (AKVA) | $-35.51K | 0.00% | 0.00x | $4.92K |
| Allied Resources Inc (ALOD) | $2.39 Million | -3.81% | 0.14x | $428.76K |
| Altex Industries Inc (ALTX) | $2.60 Million | -10.61% | 0.15x | $1.08 Million |
| Alvopetro Energy Ltd (ALVOF) | $66.14 Million | -10.76% | 0.04x | $117.02 Million |
| AMEN Properties Inc (AMEN) | $15.55 Million | 14.30% | 0.08x | $4.94 Million |