Wilmington Capital Management Inc

TO:WCM-A Canada Asset Management
Market Cap
$18.41 Million
CA$26.45 Million CAD
Market Cap Rank
#30013 Global
#196 in Canada
Share Price
CA$2.30
Change (1 day)
+0.00%
52-Week Range
CA$2.05 - CA$2.70
All Time High
CA$3.67
Categories
Companies in Canada Asset Management Banking & Financial
About

Wilmington Capital Management Inc. is a real estate investment firm specializing in alternative real estate assets classes and special situation investments. The firm prefers to invest in real estate and energy sectors. It owns and operates 38 self-storage facilities with approximately 1.6 million square feet of rentable area in British Columbia, Alberta, Manitoba, and Ontario. In addition, it ow… Read more

Wilmington Capital Management Inc (WCM-A) - Net Assets

Latest net assets as of September 2025: CA$35.42 Million CAD

Based on the latest financial reports, Wilmington Capital Management Inc (WCM-A) has net assets worth CA$35.42 Million CAD as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$36.11 Million) and total liabilities (CA$691.00K). 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 CA$35.42 Million
% of Total Assets 98.09%
Annual Growth Rate -0.87%
5-Year Change -40.79%
10-Year Change 45.99%
Growth Volatility 74.82

Wilmington Capital Management Inc - Net Assets Trend (1996–2024)

This chart illustrates how Wilmington Capital Management 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 Wilmington Capital Management Inc (1996–2024)

The table below shows the annual net assets of Wilmington Capital Management Inc from 1996 to 2024.

Year Net Assets Change
2024-12-31 CA$36.23 Million -49.18%
2023-12-31 CA$71.30 Million +4.25%
2022-12-31 CA$68.39 Million +9.23%
2021-12-31 CA$62.62 Million +2.32%
2020-12-31 CA$61.20 Million +8.54%
2019-12-31 CA$56.38 Million +131.64%
2018-12-31 CA$24.34 Million +6.66%
2017-12-31 CA$22.82 Million -1.36%
2016-12-31 CA$23.13 Million -6.79%
2015-12-31 CA$24.82 Million -1.86%
2014-12-31 CA$25.29 Million -23.73%
2013-12-31 CA$33.16 Million +8.10%
2012-12-31 CA$30.67 Million -6.03%
2011-12-31 CA$32.64 Million +22.26%
2010-12-31 CA$26.70 Million +69.65%
2009-12-31 CA$15.74 Million +261.79%
2008-12-31 CA$4.35 Million -78.25%
2007-12-31 CA$20.00 Million +212.10%
2006-12-31 CA$6.41 Million -85.76%
2005-12-31 CA$44.98 Million -19.55%
2004-12-31 CA$55.92 Million -42.88%
2003-12-31 CA$97.90 Million +2.62%
2002-12-31 CA$95.40 Million +4.42%
2001-12-31 CA$91.36 Million -14.96%
2000-12-31 CA$107.43 Million +100.43%
1999-12-31 CA$53.60 Million -21.06%
1998-12-31 CA$67.90 Million +17.27%
1997-12-31 CA$57.90 Million +25.05%
1996-12-31 CA$46.30 Million --

Equity Component Analysis

This analysis shows how different components contribute to Wilmington Capital Management 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 92.3% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CA$418.00K 1.15%
Common Stock CA$35.62 Million 98.31%
Other Comprehensive Income CA$196.00K 0.54%
Total Equity CA$36.23 Million 100.00%

Wilmington Capital Management Inc Competitors by Market Cap

The table below lists competitors of Wilmington Capital Management Inc ranked by their market capitalization.

Company Market Cap
Australian Silica Quartz Group Ltd
PINK:BXRDF
 		$7.05 Million
Bucur SA
RO:BUCV
 		$7.05 Million
Wesure Global Tech Ltd
TA:WESR
 		$7.05 Million
Alzamend Neuro Inc
NASDAQ:ALZN
 		$7.05 Million
Iris Metals Ltd
AU:IR1
 		$7.03 Million
Bynordic Acquisition Corp
NASDAQ:BYNO
 		$7.03 Million
A-Sonic Aerospace Limited
OTCGREY:ASNCF
 		$7.03 Million
Step One Clothing Limited
F:J6H
 		$7.03 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Wilmington Capital Management Inc's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 71,303,000 to 36,233,000, a change of -35,070,000 (-49.2%).
  • Net income of 372,000 contributed positively to equity growth.
  • Dividend payments of 18,618,000 reduced retained earnings.
  • Share repurchases of 15,278,000 reduced equity.
  • Other comprehensive income decreased equity by 8,287,000.
  • Other factors increased equity by 6,741,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CA$372.00K +1.03%
Dividends Paid CA$18.62 Million -51.38%
Share Repurchases CA$15.28 Million -42.17%
Other Comprehensive Income CA$-8.29 Million -22.87%
Other Changes CA$6.74 Million +18.6%
Total Change CA$- -49.18%

Book Value vs Market Value Analysis

This analysis compares Wilmington Capital Management 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

  • Current price-to-book ratio: 0.79x
  • 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.
  • The price-to-book ratio has increased from 0.50x to 0.79x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1996-12-31 CA$4.63 CA$2.30 x
1997-12-31 CA$5.43 CA$2.30 x
1998-12-31 CA$6.44 CA$2.30 x
1999-12-31 CA$4.99 CA$2.30 x
2000-12-31 CA$10.58 CA$2.30 x
2001-12-31 CA$11.28 CA$2.30 x
2002-12-31 CA$11.77 CA$2.30 x
2003-12-31 CA$12.08 CA$2.30 x
2004-12-31 CA$6.90 CA$2.30 x
2005-12-31 CA$5.54 CA$2.30 x
2006-12-31 CA$0.79 CA$2.30 x
2007-12-31 CA$2.52 CA$2.30 x
2008-12-31 CA$0.55 CA$2.30 x
2009-12-31 CA$2.33 CA$2.30 x
2010-12-31 CA$3.37 CA$2.30 x
2011-12-31 CA$3.49 CA$2.30 x
2012-12-31 CA$3.14 CA$2.30 x
2013-12-31 CA$3.37 CA$2.30 x
2014-12-31 CA$2.78 CA$2.30 x
2015-12-31 CA$2.73 CA$2.30 x
2016-12-31 CA$2.29 CA$2.30 x
2017-12-31 CA$2.25 CA$2.30 x
2018-12-31 CA$2.39 CA$2.30 x
2019-12-31 CA$5.44 CA$2.30 x
2020-12-31 CA$4.93 CA$2.30 x
2021-12-31 CA$5.08 CA$2.30 x
2022-12-31 CA$5.51 CA$2.30 x
2023-12-31 CA$5.75 CA$2.30 x
2024-12-31 CA$2.90 CA$2.30 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Wilmington Capital Management 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): 1.03%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 10.10%
  • • Asset Turnover: 0.10x
  • • Equity Multiplier: 1.07x
  • Recent ROE (1.03%) is below the historical average (19.19%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1996 8.86% 48.81% 0.11x 1.62x CA$-530.00K
1997 19.52% 50.00% 0.13x 3.07x CA$5.51 Million
1998 11.34% 34.22% 0.15x 2.17x CA$910.00K
1999 16.04% 37.89% 0.15x 2.80x CA$3.24 Million
2000 56.55% 79.12% 0.59x 1.20x CA$50.00 Million
2001 11.42% 69.65% 0.13x 1.25x CA$1.30 Million
2002 7.58% 64.08% 0.08x 1.50x CA$-2.31 Million
2003 6.26% 50.98% 0.08x 1.55x CA$-3.66 Million
2004 23.47% 82.88% 0.15x 1.91x CA$7.53 Million
2005 45.84% 153.07% 0.16x 1.91x CA$16.12 Million
2006 259.92% 653.57% 0.08x 5.23x CA$16.01 Million
2007 0.08% 1.11% 0.03x 2.23x CA$-1.98 Million
2008 -5.72% -14.30% 0.04x 9.07x CA$-684.00K
2009 -0.86% -9.99% 0.03x 3.10x CA$-1.71 Million
2010 0.94% 12.75% 0.03x 2.46x CA$-2.42 Million
2011 69.64% 829.48% 0.04x 2.36x CA$16.96 Million
2012 -7.10% -48.81% 0.06x 2.27x CA$-4.59 Million
2013 2.49% 16.87% 0.11x 1.38x CA$-2.18 Million
2014 -23.39% -108.65% 0.16x 1.34x CA$-7.91 Million
2015 -6.18% -46.04% 0.11x 1.27x CA$-3.96 Million
2016 -6.86% -594.74% 0.01x 1.27x CA$-3.89 Million
2017 -8.33% -1901.00% 0.00x 1.03x CA$-4.18 Million
2018 5.86% 970.75% 0.01x 1.03x CA$-1.01 Million
2019 60.56% 21077.16% 0.00x 1.09x CA$28.51 Million
2020 1.07% 32.64% 0.03x 1.02x CA$-5.46 Million
2021 -0.74% -71.47% 0.01x 1.02x CA$-6.72 Million
2022 4.09% 227.69% 0.02x 1.03x CA$-4.04 Million
2023 3.22% 60.16% 0.05x 1.04x CA$-4.84 Million
2024 1.03% 10.10% 0.10x 1.07x CA$-3.25 Million

Industry Comparison

This section compares Wilmington Capital Management Inc's net assets metrics with peer companies in the Asset Management industry.

Industry Context

  • Industry: Asset Management
  • Average net assets among peers: $398,436,303
  • Average return on equity (ROE) among peers: -4.23%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Wilmington Capital Management Inc (WCM-A) CA$35.42 Million 8.86% 0.02x $7.04 Million
Alaris Equity Partners Income Trust (AD-UN) $604.54 Million 1.97% 0.32x $616.42 Million
AI Artificial Intelligence Ventures Inc. (AIVC) $4.27 Million -129.03% 0.20x $5.48 Million
Brookfield Global Infrastructure Securities Income Fund (BGI-UN) $354.64 Million 11.23% 0.49x $48.58K
Bankers Petroleum Ltd (BNK) $28.51 Million 46.55% 0.58x $113.70K
Sprott Physical Gold and Silver Trust (CEF) $1.20 Billion -29.28% 0.00x $452.56K
Canso Select Opportunities Corporation (CSOC-B) $12.03 Million -8.99% 0.00x $8.94 Million
CoTec Holdings Corp. (CTH) $-59.00K 0.00% 0.00x $51.82 Million
Clairvest Group Inc. (CVG) $1.25 Billion 9.75% 0.14x $159.95 Million
Dividend Growth Split Corp (DGS) $296.85 Million 37.60% 1.53x $52.33K
E Split Corp Class A (ENS) $227.99 Million 17.94% 0.77x $118.61K