Waseco Resources Inc
Waseco Resources Inc., an exploration stage company, engages in the acquisition, exploration, development, and production of mineral properties in Canada. The company explores for gold, uranium, and diamond deposits. It holds interests in the Quebec-Labrador Trough uranium prospect; and the James Bay Lowlands project, consisting of 2,440-acre located in Northern Ontario. Waseco Resources Inc. was… Read more
Waseco Resources Inc (WSRUF) - Net Assets
Latest net assets as of November 2024: $-714.57K USD
Based on the latest financial reports, Waseco Resources Inc (WSRUF) has net assets worth $-714.57K USD as of November 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($6.66K) and total liabilities ($721.23K). 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 | $-714.57K |
| % of Total Assets | -10722.78% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Waseco Resources Inc - Net Assets Trend (2014–2024)
This chart illustrates how Waseco Resources Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Waseco Resources Inc (2014–2024)
The table below shows the annual net assets of Waseco Resources Inc from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-02-29 | $-695.36K | -7.89% |
| 2023-02-28 | $-644.52K | +5.81% |
| 2022-02-28 | $-684.26K | -2.92% |
| 2021-02-28 | $-664.88K | +1.77% |
| 2020-02-29 | $-676.83K | +22.72% |
| 2019-02-28 | $-875.83K | -37.37% |
| 2018-02-28 | $-637.57K | -31.02% |
| 2017-02-28 | $-486.63K | -6.40% |
| 2016-02-29 | $-457.35K | -9.89% |
| 2015-02-28 | $-416.20K | -118.46% |
| 2014-02-28 | $-190.52K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Waseco Resources Inc'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 109887700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (February 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $6.47 Million | % |
| Other Components | $73.42K | % |
| Total Equity | $-695.36K | 100.00% |
Waseco Resources Inc Competitors by Market Cap
The table below lists competitors of Waseco Resources Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ALPHAHELIX MOL.DIAGN. SK1
F:4MB
|
$756.12K |
|
NSJ GOLD CORP.
F:9PZ
|
$756.42K |
|
Monarch West Ventures Inc.
V:MONA-P
|
$756.52K |
|
SHAREHOLD VAL BET. - Dusseldorf Stock Exchang
DU:SVE
|
$756.63K |
|
Top Systems-L
TA:TOPS
|
$753.78K |
|
ASTRAZENECA SP ADS
STU:ZEGA
|
$753.41K |
|
Kedaung Indah Can Tbk
JK:KICI
|
$751.67K |
|
UNITED CONTL (UAL1.SG)
STU:UAL1
|
$750.68K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Waseco Resources Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -644,525 to -695,362, a change of -50,837.
- Net loss of 50,836 reduced equity.
- Other comprehensive income decreased equity by 53,771.
- Other factors increased equity by 53,770.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-50.84K | -7.31% |
| Other Comprehensive Income | $-53.77K | -7.73% |
| Other Changes | $53.77K | +7.73% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Waseco Resources Inc'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 |
|---|---|---|---|
| 2016-02-29 | $0.00 | $0.02 | x |
| 2017-02-28 | $0.00 | $0.02 | x |
| 2018-02-28 | $-0.02 | $0.02 | x |
| 2019-02-28 | $-0.02 | $0.02 | x |
| 2020-02-29 | $-0.02 | $0.02 | x |
| 2021-02-28 | $-0.02 | $0.02 | x |
| 2022-02-28 | $-0.02 | $0.02 | x |
| 2023-02-28 | $-0.02 | $0.02 | x |
| 2024-02-29 | $-0.02 | $0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Waseco Resources Inc 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: -1651.06%
- • Asset Turnover: 0.42x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (0.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-321.77K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-210.91K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-146.22K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-427.85K |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-87.18K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-221.48K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-33.89K |
| 2021 | 0.00% | 46.97% | 2.46x | 0.00x | $150.98K |
| 2022 | 0.00% | -2098.75% | 0.21x | 0.00x | $-30.84K |
| 2023 | 0.00% | -1284.29% | 1.40x | 0.00x | $16.56K |
| 2024 | 0.00% | -1651.06% | 0.42x | 0.00x | $18.70K |
Industry Comparison
This section compares Waseco Resources Inc's net assets metrics with peer companies in the Other Precious Metals & Mining industry.
Industry Context
- Industry: Other Precious Metals & Mining
- Average net assets among peers: $6,096,664,640
- Average return on equity (ROE) among peers: -99.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Waseco Resources Inc (WSRUF) | $-714.57K | 0.00% | N/A | $754.37K |
| AbraSilver Resource Corp (ABBRF) | $31.60 Million | -66.15% | 0.24x | $280.10 Million |
| American Copper Development Corporation (ACDXF) | $16.16 Million | -10.45% | 0.04x | $1.96 Million |
| American Creek Resources Ltd (ACKRF) | $2.36 Million | -67.11% | 0.29x | $23.79 Million |
| American Clean Resources Group Inc. (ACRG) | $-4.24 Million | 0.00% | 0.00x | $9.52 Million |
| Adyton Resources Corporation (ADYRF) | $-3.89 Million | 0.00% | 0.00x | $26.44 Million |
| Austral Gold Limited (AGLDF) | $61.42 Million | -5.60% | 0.03x | $4.83 Million |
| Anglo American Platinum Limited (AGPPF) | $60.84 Billion | 30.40% | 0.71x | $8.40 Billion |
| Athena Gold Corp (AHNR) | $35.76K | -837.39% | 54.55x | $779.22K |
| Alaska Energy Metals Corporation (AKEMF) | $5.23 Million | -32.59% | 0.20x | $14.55 Million |
| ALXPF (ALXPF) | $15.98 Million | -2.45% | 0.05x | $24.72 Million |