West Vault Mining Inc
West Vault Mining Inc. acquires, explores, and develops gold projects in the United States. Its flagship property is the Hasbrouck property located in Nevada. The company was formerly known as West Kirkland Mining Inc. and changed its name to West Vault Mining Inc. in July 2020. West Vault Mining Inc. is based in Vancouver, Canada.
West Vault Mining Inc (WVMDF) - Net Assets
Latest net assets as of September 2025: $39.31 Million USD
Based on the latest financial reports, West Vault Mining Inc (WVMDF) has net assets worth $39.31 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 ($53.32 Million) and total liabilities ($14.01 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 | $39.31 Million |
| % of Total Assets | 73.72% |
| Annual Growth Rate | 0.55% |
| 5-Year Change | -4.83% |
| 10-Year Change | N/A |
| Growth Volatility | 7.41 |
West Vault Mining Inc - Net Assets Trend (2016–2024)
This chart illustrates how West Vault Mining 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 West Vault Mining Inc (2016–2024)
The table below shows the annual net assets of West Vault Mining Inc from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $42.34 Million | +4.19% |
| 2023-12-31 | $40.64 Million | -6.59% |
| 2022-12-31 | $43.51 Million | +2.68% |
| 2021-12-31 | $42.37 Million | -4.77% |
| 2020-12-31 | $44.50 Million | +4.87% |
| 2019-12-31 | $42.43 Million | -7.28% |
| 2018-12-31 | $45.76 Million | +16.38% |
| 2017-12-31 | $39.32 Million | -3.01% |
| 2016-12-31 | $40.54 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to West Vault Mining 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 2078124500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $87.04 Million | 205.54% |
| Total Equity | $42.34 Million | 100.00% |
West Vault Mining Inc Competitors by Market Cap
The table below lists competitors of West Vault Mining Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Spyrosoft S.A.
WAR:SPR
|
$23.90 Million |
|
HMA AGRO INDUSTRIES ORD (BSE)
NSE:HMAAGRO
|
$23.90 Million |
|
Relief Therapeutics Holding AG
OTCQB:RLFTY
|
$23.91 Million |
|
Whitestone Group
BR:ROCK
|
$23.91 Million |
|
I&C Technology Co. Ltd
KQ:052860
|
$23.89 Million |
|
Prestige BioPharma Limited
KO:950210
|
$23.88 Million |
|
VRX Silica Ltd
AU:VRX
|
$23.88 Million |
|
Ausquest Ltd
AU:AQD
|
$23.88 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in West Vault Mining Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 40,640,861 to 42,344,873, a change of 1,704,012 (4.2%).
- Net loss of 2,576,125 reduced equity.
- Other factors increased equity by 4,280,137.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.58 Million | -6.08% |
| Other Changes | $4.28 Million | +10.11% |
| Total Change | $- | 4.19% |
Book Value vs Market Value Analysis
This analysis compares West Vault Mining 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: 1.08x
- 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 0.70x to 1.08x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | $1.12 | $0.79 | x |
| 2018-12-31 | $1.10 | $0.79 | x |
| 2019-12-31 | $1.01 | $0.79 | x |
| 2020-12-31 | $0.77 | $0.79 | x |
| 2021-12-31 | $0.73 | $0.79 | x |
| 2022-12-31 | $0.75 | $0.79 | x |
| 2023-12-31 | $0.70 | $0.79 | x |
| 2024-12-31 | $0.73 | $0.79 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently West Vault Mining 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): -6.08%
- 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: 1.31x
- Recent ROE (-6.08%) is below the historical average (-3.85%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -2.71% | 0.00% | 0.00x | 1.01x | $-5.15 Million |
| 2017 | -2.66% | 0.00% | 0.00x | 1.02x | $-4.90 Million |
| 2018 | -1.72% | 0.00% | 0.00x | 1.03x | $-5.25 Million |
| 2019 | -3.60% | 0.00% | 0.00x | 1.03x | $-5.62 Million |
| 2020 | -5.12% | 0.00% | 0.00x | 1.01x | $-6.73 Million |
| 2021 | -4.45% | 0.00% | 0.00x | 1.20x | $-6.12 Million |
| 2022 | -4.19% | 0.00% | 0.00x | 1.24x | $-6.17 Million |
| 2023 | -4.14% | 0.00% | 0.00x | 1.27x | $-5.75 Million |
| 2024 | -6.08% | 0.00% | 0.00x | 1.31x | $-6.81 Million |
Industry Comparison
This section compares West Vault Mining Inc's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $1,956,755,866
- Average return on equity (ROE) among peers: -68.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| West Vault Mining Inc (WVMDF) | $39.31 Million | -2.71% | 0.36x | $23.89 Million |
| Almadex Minerals Ltd (AAMMF) | $14.43 Million | -15.31% | 0.02x | $11.47 Million |
| Allied Gold Corporation (AAUC) | $111.36 Million | -6.66% | 4.92x | $1.61 Billion |
| Aero Energy Limited (AAUGF) | $14.72 Million | -5.86% | 0.05x | $613.34K |
| Abcourt Mines Inc (ABMBF) | $542.08K | -7.78% | 0.16x | $27.58 Million |
| Aben Resources Ltd (ABNAF) | $925.43K | -59.62% | 0.09x | $1.17 Million |
| Advance Gold Corp (ADGCF) | $206.54K | -11.57% | 1.00x | $480.91K |
| Agnico Eagle Mines Limited (AEM) | $19.42 Billion | 10.18% | 0.48x | $105.00 Billion |
| Affinity Gold Corp (AFYG) | $241.37K | -497.12% | 0.10x | $4.68K |
| Andes Gold Corp (AGCZ) | $648.20K | -54.33% | 0.04x | $0.95 |
| Antioquia Gold Inc (AGDXF) | $1.57 Million | -38.90% | 0.28x | $1.44 Million |