BYRRF
Bayridge Resources Corp. engages in the acquisition, exploration, and development of mineral properties in Canada. The company primarily explores for uranium. Its flagship property is the Waterbury East property that includes 1 mineral claim covering an area of 1,337 hectares located in the northeastern Athabasca Basin. The company was formerly known as Aspen Resources Corp. and changed its name … Read more
BYRRF (BYRRF) - Net Assets
Latest net assets as of September 2025: $2.26 Million USD
Based on the latest financial reports, BYRRF (BYRRF) has net assets worth $2.26 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 ($2.55 Million) and total liabilities ($293.93K). 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 | $2.26 Million |
| % of Total Assets | 88.47% |
| Annual Growth Rate | 311.29% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 423.5 |
BYRRF - Net Assets Trend (2022–2024)
This chart illustrates how BYRRF's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for BYRRF (2022–2024)
The table below shows the annual net assets of BYRRF from 2022 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $3.56 Million | +914.13% |
| 2023-12-31 | $350.85K | +67.13% |
| 2022-12-31 | $209.93K | -- |
Equity Component Analysis
This analysis shows how different components contribute to BYRRF'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 620278800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $9.81 Million | 275.64% |
| Total Equity | $3.56 Million | 100.00% |
BYRRF Competitors by Market Cap
The table below lists competitors of BYRRF ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Megaworld Corp
PSE:MEG
|
$338.66 |
|
Keepers Holdings Inc
PSE:KEEPR
|
$340.35 |
|
El Arabia Engineering Industries
EGX:EEII
|
$340.42 |
|
Seafront Resources Corp
PSE:SPM
|
$340.68 |
|
Amer Group Holding
EGX:AMER
|
$337.90 |
|
CNRCF
OTCGREY:CNRCF
|
$337.88 |
|
CADILLAC VENTURES
BE:CIV
|
$337.52 |
|
Majedie Investments
LSE:MAJE
|
$337.52 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in BYRRF's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 350,851 to 3,558,077, a change of 3,207,226 (914.1%).
- Net loss of 5,782,315 reduced equity.
- New share issuances of 6,953,600 increased equity.
- Other factors increased equity by 2,035,941.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-5.78 Million | -162.51% |
| Share Issuances | $6.95 Million | +195.43% |
| Other Changes | $2.04 Million | +57.22% |
| Total Change | $- | 914.13% |
Book Value vs Market Value Analysis
This analysis compares BYRRF'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: 0.07x
- 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 decreased from 0.68x to 0.07x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-12-31 | $0.05 | $0.03 | x |
| 2023-12-31 | $0.08 | $0.03 | x |
| 2024-12-31 | $0.49 | $0.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently BYRRF 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): -162.51%
- 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: 1.10x
- Recent ROE (-162.51%) is below the historical average (-144.08%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2023 | -125.64% | 0.00% | 0.00x | 1.16x | $-475.90K |
| 2024 | -162.51% | 0.00% | 0.00x | 1.10x | $-6.14 Million |
Industry Comparison
This section compares BYRRF's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $2,436,539,064
- Average return on equity (ROE) among peers: -72.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| BYRRF (BYRRF) | $2.26 Million | -125.64% | 0.13x | $338.65 |
| Asia Broadband Inc (AABB) | $-384.18K | 0.00% | 0.00x | $228.54 |
| Altair Resources Inc (AAEEF) | $519.85K | -583.77% | 3.27x | $165.38K |
| Aftermath Silver Ltd (AAGFF) | $26.16 Million | -26.37% | 0.41x | $99.81 Million |
| Anglo American plc (AAUKF) | $24.32 Billion | 6.55% | 1.06x | $26.36 Billion |
| Abacus Mining & Exploration Corporation (ABCFF) | $-123.88K | 0.00% | 0.00x | $1.95 Million |
| Vision Lithium Inc (ABEPF) | $-384.45K | 0.00% | 0.00x | $3.75 Million |
| Arbor Metals Corp (ABRMF) | $700.32K | -22.12% | 0.03x | $3.05 Million |
| ACG Metals Limited (ACGAF) | $3.51 Million | -77.72% | 0.31x | $121.32 Million |
| ACME Lithium Inc (ACLHF) | $-1.00 Million | 0.00% | 0.00x | $561.74K |
| ACMNF (ACMNF) | $11.40 Million | -19.68% | 0.16x | $14.34 Million |