Bayhorse Silver Inc (BHS) - Net Assets

Latest as of September 2025: CA$-86.84K CAD ≈ $-62.82K USD

Based on the latest financial reports, Bayhorse Silver Inc (BHS) has net assets worth CA$-86.84K CAD (≈ $-62.82K USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$2.41 Million ≈ $1.74 Million USD) and total liabilities (CA$2.49 Million ≈ $1.80 Million USD). 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. Read BHS total liabilities for a breakdown of total debt and financial obligations.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CA$-86.84K
% of Total Assets	-3.61%
Annual Growth Rate	N/A
5-Year Change	N/A
10-Year Change	N/A
Growth Volatility	288.1

Bayhorse Silver Inc - Net Assets Trend (2005–2024)

This chart illustrates how Bayhorse Silver Inc's net assets have evolved over time, based on quarterly financial data. Also explore BHS asset base for the complete picture of this company's asset base.

Annual Net Assets for Bayhorse Silver Inc (2005–2024)

The table below shows the annual net assets of Bayhorse Silver Inc from 2005 to 2024. For live valuation and market cap data, see BHS stock market capitalisation.

Year	Net Assets	Change
2024-12-31	CA$-469.32K ≈ $-339.50K	-194.79%
2023-12-31	CA$495.13K ≈ $358.17K	-60.85%
2022-12-31	CA$1.26 Million ≈ $914.78K	-20.96%
2021-12-31	CA$1.60 Million ≈ $1.16 Million	+188.12%
2020-12-31	CA$-1.82 Million ≈ $-1.31 Million	-5.28%
2019-12-31	CA$-1.72 Million ≈ $-1.25 Million	+39.29%
2018-12-31	CA$-2.84 Million ≈ $-2.05 Million	-68.77%
2017-12-31	CA$-1.68 Million ≈ $-1.22 Million	+25.06%
2016-12-31	CA$-2.25 Million ≈ $-1.62 Million	-9.24%
2015-12-31	CA$-2.06 Million ≈ $-1.49 Million	-64.84%
2014-12-31	CA$-1.25 Million ≈ $-902.24K	-151.04%
2013-12-31	CA$-496.83K ≈ $-359.40K	-12.73%
2012-12-31	CA$-440.72K ≈ $-318.81K	-199.95%
2011-12-31	CA$440.95K ≈ $318.98K	-20.82%
2010-12-31	CA$556.92K ≈ $402.87K	+644.47%
2009-12-31	CA$-102.29K ≈ $-73.99K	-944.16%
2008-12-31	CA$12.12K ≈ $8.77K	-94.04%
2007-12-31	CA$203.27K ≈ $147.04K	-75.67%
2006-12-31	CA$835.29K ≈ $604.24K	+998.82%
2005-12-31	CA$-92.93K ≈ $-67.23K	--

Equity Component Analysis

This analysis shows how different components contribute to Bayhorse Silver 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 4514245700.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Other Components	CA$44.99 Million	%
Total Equity	CA$-469.32K	100.00%

Bayhorse Silver Inc Competitors by Market Cap

The table below lists competitors of Bayhorse Silver Inc ranked by their market capitalization.

Company	Market Cap
Kiang Huat Sea Gull Trading Frozen Food Public Company Limited BK:CHOTI	$15.02 Million
FUTURE GAMING GRP INTL AB F:6L50	$15.03 Million
Intensity Therapeutics, Inc. Common stock NASDAQ:INTS	$15.03 Million
New Age Metals Inc V:NAM	$15.03 Million
Integra Essentia Limited NSE:ESSENTIA	$15.01 Million
Revolver Resources Holdings Ltd AU:RRR	$15.01 Million
Made SA PA:MLMAD	$15.00 Million
Pan Entertainment Co. Ltd KQ:068050	$14.99 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2023 to 2024, total equity changed from 495,131 to -469,325, a change of -964,456 (-194.8%).
Net loss of 3,988,279 reduced equity.
New share issuances of 1,154,600 increased equity.
Other comprehensive income decreased equity by 12,466,170.
Other factors increased equity by 14,335,393.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CA$-3.99 Million	-849.79%
Share Issuances	CA$1.15 Million	+246.01%
Other Comprehensive Income	CA$-12.47 Million	-2656.19%
Other Changes	CA$14.34 Million	+3054.47%
Total Change	CA$-	-194.79%

Book Value vs Market Value Analysis

This analysis compares Bayhorse Silver 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
2004-12-31	CA$3.28	CA$0.06	x
2005-12-31	CA$-4.65	CA$0.06	x
2006-12-31	CA$1.28	CA$0.06	x
2007-12-31	CA$0.12	CA$0.06	x
2008-12-31	CA$0.01	CA$0.06	x
2009-12-31	CA$-0.04	CA$0.06	x
2010-12-31	CA$0.12	CA$0.06	x
2011-12-31	CA$0.06	CA$0.06	x
2012-12-31	CA$-0.05	CA$0.06	x
2013-12-31	CA$-0.04	CA$0.06	x
2014-12-31	CA$-0.06	CA$0.06	x
2015-12-31	CA$-0.08	CA$0.06	x
2016-12-31	CA$-0.07	CA$0.06	x
2017-12-31	CA$-0.03	CA$0.06	x
2018-12-31	CA$-0.04	CA$0.06	x
2019-12-31	CA$-0.02	CA$0.06	x
2020-12-31	CA$-0.01	CA$0.06	x
2021-12-31	CA$0.01	CA$0.06	x
2022-12-31	CA$0.01	CA$0.06	x
2023-12-31	CA$0.00	CA$0.06	x
2024-12-31	CA$0.00	CA$0.06	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Bayhorse Silver 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: 0.00%
• Asset Turnover: 0.00x
• Equity Multiplier: 0.00x
Recent ROE (0.00%) is above the historical average (-560.59%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2004	-558.40%	0.00%	0.00x	2.19x	CA$-320.72K
2005	0.00%	0.00%	0.00x	0.00x	CA$-165.06K
2006	-71.57%	0.00%	0.00x	1.07x	CA$-681.35K
2007	-702.46%	0.00%	0.00x	1.62x	CA$-1.45 Million
2008	-9044.79%	0.00%	0.00x	8.05x	CA$-1.10 Million
2009	0.00%	0.00%	0.00x	0.00x	CA$-1.27 Million
2010	-408.79%	0.00%	0.00x	1.43x	CA$-2.33 Million
2011	27.47%	0.00%	0.00x	2.77x	CA$77.05K
2012	0.00%	0.00%	0.00x	0.00x	CA$-1.03 Million
2013	0.00%	0.00%	0.00x	0.00x	CA$-433.65K
2014	0.00%	0.00%	0.00x	0.00x	CA$-1.38 Million
2015	0.00%	0.00%	0.00x	0.00x	CA$-1.26 Million
2016	0.00%	0.00%	0.00x	0.00x	CA$-2.11 Million
2017	0.00%	0.00%	0.00x	0.00x	CA$-4.38 Million
2018	0.00%	0.00%	0.00x	0.00x	CA$-4.44 Million
2019	0.00%	0.00%	0.00x	0.00x	CA$-1.73 Million
2020	0.00%	0.00%	0.00x	0.00x	CA$-2.91 Million
2021	-365.75%	0.00%	0.00x	1.92x	CA$-6.01 Million
2022	-239.20%	0.00%	0.00x	1.99x	CA$-3.15 Million
2023	-408.99%	0.00%	0.00x	5.08x	CA$-2.07 Million
2024	0.00%	0.00%	0.00x	0.00x	CA$-3.94 Million

Industry Comparison

This section compares Bayhorse Silver Inc'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: $49,314,810
Average return on equity (ROE) among peers: -11.56%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Bayhorse Silver Inc (BHS)	CA$-86.84K	-558.40%	N/A	$15.01 Million
Aftermath Silver Ltd (AAG)	$-553.41K	0.00%	0.00x	$185.75 Million
Aton Resources Inc (AAN)	$-1.13 Million	0.00%	0.00x	$49.79 Million
Arbor Metals Corp (ABR)	$1.00 Million	-16.27%	0.02x	$10.75 Million
Asiabasemetals Inc (ABZ)	$717.72K	-45.73%	0.05x	$4.67 Million
Adex Mining Inc (ADE)	$-30.95 Million	0.00%	0.00x	$27.09 Million
Alphamin Res (AFM)	$367.40 Million	27.47%	0.33x	$1.30 Billion
Silver X Mining Corp (AGX)	$38.37 Million	-47.47%	0.73x	$148.73 Million
Amarc Resources Ltd. (AHR)	$14.00 Million	5.93%	0.01x	$148.33 Million
Almonty Industries Inc (AII)	$39.75 Million	-36.45%	3.85x	$4.73 Billion
Aldebaran Resources Inc (ALDE)	$64.54 Million	-3.09%	0.01x	$332.39 Million

About Bayhorse Silver Inc

V:BHS Canada Other Industrial Metals & Mining

Market Cap

$15.01 Million

CA$20.75 Million CAD

Market Cap Rank

#25839 Global

#1047 in Canada

Share Price

CA$0.06

Change (1 day)

+9.09%

52-Week Range

CA$0.04 - CA$0.16

All Time High

CA$0.28