West High Yield (W.H.Y.) Resources Ltd
West High Yield (W.H.Y.) Resources Ltd. engages in the acquisition, exploration, and development of mineral properties in Canada. The company explores for gold, nickel, silica, and magnesium deposits. Its flagship property is its 100% owned Record Ridge property that includes 29 contiguous mineral claims, eight crown-granted claims, and one privately owned claim covering an area of 8,972 hectares… Read more
West High Yield (W.H.Y.) Resources Ltd (WHYRF) - Net Assets
Latest net assets as of June 2025: $-6.66 Million USD
Based on the latest financial reports, West High Yield (W.H.Y.) Resources Ltd (WHYRF) has net assets worth $-6.66 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 ($2.08 Million) and total liabilities ($8.74 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 | $-6.66 Million |
| % of Total Assets | -320.91% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 335.73 |
West High Yield (W.H.Y.) Resources Ltd - Net Assets Trend (2004–2024)
This chart illustrates how West High Yield (W.H.Y.) Resources Ltd'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 High Yield (W.H.Y.) Resources Ltd (2004–2024)
The table below shows the annual net assets of West High Yield (W.H.Y.) Resources Ltd from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-6.24 Million | -49.10% |
| 2023-12-31 | $-4.19 Million | -39.08% |
| 2022-12-31 | $-3.01 Million | +15.46% |
| 2021-12-31 | $-3.56 Million | +29.91% |
| 2020-12-31 | $-5.08 Million | -19.46% |
| 2019-12-31 | $-4.25 Million | -9.42% |
| 2018-12-31 | $-3.89 Million | -32.46% |
| 2017-12-31 | $-2.93 Million | -39.58% |
| 2016-12-31 | $-2.10 Million | -561.30% |
| 2015-12-31 | $-317.74K | -1085.04% |
| 2014-12-31 | $32.26K | -89.52% |
| 2013-12-31 | $307.76K | -18.67% |
| 2012-12-31 | $378.39K | -27.31% |
| 2011-12-31 | $520.56K | +41.05% |
| 2010-12-31 | $369.07K | -75.82% |
| 2009-12-31 | $1.53 Million | -28.31% |
| 2008-12-31 | $2.13 Million | -50.33% |
| 2007-12-31 | $4.29 Million | +44.56% |
| 2006-12-31 | $2.96 Million | +953.49% |
| 2005-12-31 | $-347.35K | -5.49% |
| 2004-12-31 | $-329.26K | -- |
Equity Component Analysis
This analysis shows how different components contribute to West High Yield (W.H.Y.) Resources Ltd'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 4008630100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $22.74 Million | % |
| Other Components | $11.45 Million | % |
| Total Equity | $-6.23 Million | 100.00% |
West High Yield (W.H.Y.) Resources Ltd Competitors by Market Cap
The table below lists competitors of West High Yield (W.H.Y.) Resources Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Gelion plc
PINK:GELNF
|
$14.17 Million |
|
Asia Tele-Net and Technology Corporation Limited
F:DKC
|
$14.18 Million |
|
Caldwell Partners International Inc
TO:CWL
|
$14.18 Million |
|
Wooree E&L Co. Ltd
KQ:153490
|
$14.18 Million |
|
HLV LIMITED
NSE:HLVLTD
|
$14.16 Million |
|
Interlink Electronics Inc
NASDAQ:LINK
|
$14.16 Million |
|
Pelita Teknologi Global
JK:CHIP
|
$14.15 Million |
|
Greenwood Sejahtera Tbk
JK:GWSA
|
$14.15 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in West High Yield (W.H.Y.) Resources Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -4,178,310 to -6,232,082, a change of -2,053,772.
- Net loss of 4,302,113 reduced equity.
- New share issuances of 2,600,763 increased equity.
- Other comprehensive income decreased equity by 1,998,346.
- Other factors increased equity by 1,645,924.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-4.30 Million | -69.03% |
| Share Issuances | $2.60 Million | +41.73% |
| Other Comprehensive Income | $-2.00 Million | -32.07% |
| Other Changes | $1.65 Million | +26.41% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares West High Yield (W.H.Y.) Resources Ltd'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 |
|---|---|---|---|
| 2004-12-31 | $0.00 | $0.19 | x |
| 2005-12-31 | $-0.02 | $0.19 | x |
| 2006-12-31 | $0.11 | $0.19 | x |
| 2007-12-31 | $0.11 | $0.19 | x |
| 2008-12-31 | $0.05 | $0.19 | x |
| 2009-12-31 | $0.04 | $0.19 | x |
| 2010-12-31 | $0.01 | $0.19 | x |
| 2011-12-31 | $0.01 | $0.19 | x |
| 2012-12-31 | $0.01 | $0.19 | x |
| 2013-12-31 | $0.01 | $0.19 | x |
| 2014-12-31 | $0.00 | $0.19 | x |
| 2015-12-31 | $-0.01 | $0.19 | x |
| 2016-12-31 | $-0.04 | $0.19 | x |
| 2017-12-31 | $-0.05 | $0.19 | x |
| 2018-12-31 | $-0.06 | $0.19 | x |
| 2019-12-31 | $-0.06 | $0.19 | x |
| 2020-12-31 | $-0.08 | $0.19 | x |
| 2021-12-31 | $-0.05 | $0.19 | x |
| 2022-12-31 | $-0.04 | $0.19 | x |
| 2023-12-31 | $-0.05 | $0.19 | x |
| 2024-12-31 | $-0.07 | $0.19 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently West High Yield (W.H.Y.) Resources Ltd 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: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-191.80%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 0.00% | 0.00% | 0.00x | 0.00x | $-231.57K |
| 2005 | 0.00% | -18638.41% | 0.00x | 0.00x | $-528.15K |
| 2006 | -67.01% | -8687.24% | 0.01x | 1.05x | $-2.28 Million |
| 2007 | -52.26% | -1881.40% | 0.03x | 1.03x | $-2.67 Million |
| 2008 | -104.67% | -3843.02% | 0.03x | 1.04x | $-2.44 Million |
| 2009 | -88.46% | -101273.97% | 0.00x | 1.17x | $-1.50 Million |
| 2010 | -446.41% | 0.00% | 0.00x | 5.27x | $-1.68 Million |
| 2011 | -221.81% | 0.00% | 0.00x | 3.97x | $-1.21 Million |
| 2012 | -295.19% | 0.00% | 0.00x | 5.42x | $-1.15 Million |
| 2013 | -265.29% | 0.00% | 0.00x | 6.26x | $-847.22K |
| 2014 | -2486.62% | 0.00% | 0.00x | 52.28x | $-805.33K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.25 Million |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.36 Million |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.66 Million |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.88 Million |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.26 Million |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-844.70K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.21 Million |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-3.51 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.72 Million |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | $-3.68 Million |
Industry Comparison
This section compares West High Yield (W.H.Y.) Resources Ltd'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 |
|---|---|---|---|---|
| West High Yield (W.H.Y.) Resources Ltd (WHYRF) | $-6.66 Million | 0.00% | N/A | $14.17 Million |
| 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 |