HAVRF
Havilah Resources Limited, together with its subsidiaries, engages in the exploration and evaluation of mineral exploration tenements and mining leases in Australia. The company explores for copper, gold, cobalt, uranium, tungsten, molybdenum, and iron ore deposits, as well as rare earth elements. Its flagship properties are the Grants and Maldorky iron ore, the Kalkaroo gold-copper-cobalt, and t… Read more
HAVRF (HAVRF) - Net Assets
Latest net assets as of July 2025: $53.55 Million USD
Based on the latest financial reports, HAVRF (HAVRF) has net assets worth $53.55 Million USD as of July 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($55.32 Million) and total liabilities ($1.77 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 | $53.55 Million |
| % of Total Assets | 96.79% |
| Annual Growth Rate | 6.46% |
| 5-Year Change | 18.09% |
| 10-Year Change | N/A |
| Growth Volatility | 7.32 |
HAVRF - Net Assets Trend (2020–2025)
This chart illustrates how HAVRF's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for HAVRF (2020–2025)
The table below shows the annual net assets of HAVRF from 2020 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-07-31 | $53.55 Million | +3.14% |
| 2024-07-31 | $51.92 Million | +12.28% |
| 2023-07-31 | $46.24 Million | +7.51% |
| 2022-07-31 | $43.01 Million | -5.15% |
| 2021-07-31 | $45.35 Million | +15.79% |
| 2020-07-31 | $39.16 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to HAVRF'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 174201700.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (July 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $87.90 Million | 164.14% |
| Total Equity | $53.55 Million | 100.00% |
HAVRF Competitors by Market Cap
The table below lists competitors of HAVRF ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dhunseri Investments Limited
NSE:DHUNINV
|
$23.41 Million |
|
Piolink Inc
KQ:170790
|
$23.41 Million |
|
Tex-Ray Industrial Co Ltd
TW:1467
|
$23.42 Million |
|
Cisadane Sawit Raya Pt
JK:CSRA
|
$23.44 Million |
|
Carlos Casado
BA:CADO
|
$23.41 Million |
|
Chian Hsing Forging Industrial Co Ltd
TWO:4528
|
$23.41 Million |
|
Orexo AB (publ)
OTCQX:ORXOF
|
$23.41 Million |
|
Genetec Technology Bhd
KLSE:0104
|
$23.40 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in HAVRF's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 51,917,477 to 53,550,161, a change of 1,632,684 (3.1%).
- Net loss of 3,283,491 reduced equity.
- Share repurchases of 66,282 reduced equity.
- New share issuances of 4,071,075 increased equity.
- Other factors increased equity by 911,382.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-3.28 Million | -6.13% |
| Share Repurchases | $66.28K | -0.12% |
| Share Issuances | $4.07 Million | +7.6% |
| Other Changes | $911.38K | +1.7% |
| Total Change | $- | 3.14% |
Book Value vs Market Value Analysis
This analysis compares HAVRF'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: 0.70x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-07-31 | $0.14 | $0.11 | x |
| 2021-07-31 | $0.14 | $0.11 | x |
| 2022-07-31 | $0.14 | $0.11 | x |
| 2023-07-31 | $0.15 | $0.11 | x |
| 2024-07-31 | $0.16 | $0.11 | x |
| 2025-07-31 | $0.16 | $0.11 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently HAVRF 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): -6.13%
- 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: 1.03x
- Recent ROE (-6.13%) is below the historical average (-2.24%), 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 | -12.07% | -212902.21% | 0.00x | 1.06x | $-8.64 Million |
| 2021 | -5.48% | 0.00% | 0.00x | 1.09x | $-6.67 Million |
| 2022 | -6.81% | 0.00% | 0.00x | 1.03x | $-7.23 Million |
| 2023 | 6.34% | 0.00% | 0.00x | 1.04x | $-1.69 Million |
| 2024 | 10.74% | 0.00% | 0.00x | 1.03x | $382.53K |
| 2025 | -6.13% | 0.00% | 0.00x | 1.03x | $-8.64 Million |
Industry Comparison
This section compares HAVRF'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 |
|---|---|---|---|---|
| HAVRF (HAVRF) | $53.55 Million | -12.07% | 0.03x | $23.41 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 |