Widgie Nickel Limited
WIN Metals Ltd operates as a mineral exploration and development company in Australia. The company explores for gold, lithium, and nickel deposits. Its properties include the 100% owned Mt Edwards nickel and lithium project that covers an area of 240 square kilometers located in Western Australia; the Faraday-Trainline lithium project located in Widgiemooltha, Western Australia; and Butchers Cree… Read more
Widgie Nickel Limited (WDGNF) - Net Assets
Latest net assets as of June 2025: $14.09 Million USD
Based on the latest financial reports, Widgie Nickel Limited (WDGNF) has net assets worth $14.09 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($17.03 Million) and total liabilities ($2.94 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 | $14.09 Million |
| % of Total Assets | 82.73% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 39.52 |
Widgie Nickel Limited - Net Assets Trend (2018–2025)
This chart illustrates how Widgie Nickel Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Widgie Nickel Limited (2018–2025)
The table below shows the annual net assets of Widgie Nickel Limited from 2018 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | $14.09 Million | -66.07% |
| 2024-06-30 | $41.54 Million | -3.19% |
| 2023-06-30 | $42.91 Million | +29.09% |
| 2022-06-30 | $33.24 Million | +54762.09% |
| 2020-06-30 | $-60.80K | -81.30% |
| 2019-06-30 | $-33.54K | -335270.00% |
| 2018-06-30 | $-10.00 | -- |
Equity Component Analysis
This analysis shows how different components contribute to Widgie Nickel Limited'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 4072061800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $41.90 Million | 297.34% |
| Other Comprehensive Income | $13.04 Million | 92.55% |
| Total Equity | $14.09 Million | 100.00% |
Widgie Nickel Limited Competitors by Market Cap
The table below lists competitors of Widgie Nickel Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Stryve Foods Inc
NASDAQ:SNAX
|
$927.78K |
|
TAISEI (TKK1.SG)
STU:TKK1
|
$929.51K |
|
LINDSAY
BE:LMF
|
$929.76K |
|
Lucky Minerals Inc
OTCQB:LKMNF
|
$930.00K |
|
Helport AI Limited Warrants
NASDAQ:HPAIW
|
$927.12K |
|
PMPG Polskie Media S.A.
WAR:PGM
|
$927.10K |
|
UNITED OIL+GAS PLC LS-01
F:1UO
|
$926.93K |
|
Pacific Mining Limited
AU:PFM
|
$926.57K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Widgie Nickel Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 41,536,383 to 14,091,601, a change of -27,444,782 (-66.1%).
- Net loss of 33,768,852 reduced equity.
- Other comprehensive income increased equity by 863,089.
- Other factors increased equity by 5,460,981.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-33.77 Million | -239.64% |
| Other Comprehensive Income | $863.09K | +6.12% |
| Other Changes | $5.46 Million | +38.75% |
| Total Change | $- | -66.07% |
Book Value vs Market Value Analysis
This analysis compares Widgie Nickel Limited'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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-06-30 | $0.00 | $0.00 | x |
| 2019-06-30 | $0.00 | $0.00 | x |
| 2020-06-30 | $0.00 | $0.00 | x |
| 2022-06-30 | $0.13 | $0.00 | x |
| 2023-06-30 | $0.17 | $0.00 | x |
| 2024-06-30 | $0.14 | $0.00 | x |
| 2025-06-30 | $0.03 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Widgie Nickel Limited 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): -239.64%
- 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: 1.21x
- Recent ROE (-239.64%) is below the historical average (-36.59%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-130.01K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-30.18K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-21.18K |
| 2022 | -6.15% | 0.00% | 0.00x | 1.11x | $-5.37 Million |
| 2023 | -4.79% | 0.00% | 0.00x | 1.09x | $-6.35 Million |
| 2024 | -5.54% | 0.00% | 0.00x | 1.03x | $-6.45 Million |
| 2025 | -239.64% | 0.00% | 0.00x | 1.21x | $-35.18 Million |
Industry Comparison
This section compares Widgie Nickel Limited'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 |
|---|---|---|---|---|
| Widgie Nickel Limited (WDGNF) | $14.09 Million | 0.00% | 0.21x | $927.33K |
| 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 |