WSRIF
Western Star Resources Inc., an exploration stage company, engages in the acquisition, exploration, and evaluation of mineral properties in Canada. It holds a 100% interest in the Western Star property that consists of 9 non-surveyed contiguous mineral claims covering an area of 2,797.69 hectares located in Revelstoke, British Columbia. Western Star Resources Inc. was incorporated in 2020 and is … Read more
WSRIF (WSRIF) - Net Assets
Latest net assets as of September 2025: $1.55 Million USD
Based on the latest financial reports, WSRIF (WSRIF) has net assets worth $1.55 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 ($1.77 Million) and total liabilities ($217.67K). 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 | $1.55 Million |
| % of Total Assets | 87.68% |
| Annual Growth Rate | 370.28% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 4930.46 |
WSRIF - Net Assets Trend (2021–2024)
This chart illustrates how WSRIF's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for WSRIF (2021–2024)
The table below shows the annual net assets of WSRIF from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $391.28K | -58.28% |
| 2023-12-31 | $937.84K | +135.51% |
| 2022-12-31 | $398.21K | +10496.35% |
| 2021-12-31 | $3.76K | -- |
Equity Component Analysis
This analysis shows how different components contribute to WSRIF'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 182338800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $2.44 Million | 624.62% |
| Total Equity | $391.28K | 100.00% |
WSRIF Competitors by Market Cap
The table below lists competitors of WSRIF ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PAION (PA8.SG)
STU:PA8
|
$649.39 |
|
Lightning eMotors Inc.
PINK:ZEVY
|
$649.73 |
|
Jahangir Siddiqui & Company Ltd
KAR:JSCL
|
$650.00 |
|
Soneri Bank Ltd
KAR:SNBL
|
$650.58 |
|
Aiton
WAR:AIT
|
$647.71 |
|
AV CONCEPT HOLD
BE:CPE
|
$647.56 |
|
DNRGF
OTCQB:DNRGF
|
$647.31 |
|
SHUN TAK HLDGS
MU:XUN
|
$647.19 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in WSRIF's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 937,841 to 391,278, a change of -546,563 (-58.3%).
- Net loss of 1,088,118 reduced equity.
- New share issuances of 129,998 increased equity.
- Other factors increased equity by 411,557.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.09 Million | -278.09% |
| Share Issuances | $130.00K | +33.22% |
| Other Changes | $411.56K | +105.18% |
| Total Change | $- | -58.28% |
Book Value vs Market Value Analysis
This analysis compares WSRIF'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: 1.02x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 30.32x to 1.02x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | $0.00 | $0.07 | x |
| 2022-12-31 | $0.24 | $0.07 | x |
| 2023-12-31 | $0.35 | $0.07 | x |
| 2024-12-31 | $0.07 | $0.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently WSRIF 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): -278.09%
- 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: 1.95x
- Recent ROE (-278.09%) is above the historical average (-1512.56%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -5669.27% | 0.00% | 0.00x | 63.53x | $-213.43K |
| 2022 | -42.58% | 0.00% | 0.00x | 1.25x | $-209.37K |
| 2023 | -60.32% | 0.00% | 0.00x | 1.23x | $-659.51K |
| 2024 | -278.09% | 0.00% | 0.00x | 1.95x | $-1.13 Million |
Industry Comparison
This section compares WSRIF'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 |
|---|---|---|---|---|
| WSRIF (WSRIF) | $1.55 Million | -5669.27% | 0.14x | $647.71 |
| 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 |