Bayhorse Silver Inc (BHS) - Net Assets
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 ≈ $1.80 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check tangible net worth ratio of Bayhorse Silver Inc to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-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. See BHS defensive interval ratio to measure how many days the company can operate on defensive assets alone.
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 |
|---|---|
|
Country Heights Holdings Bhd
KLSE:5738
|
$13.77 Million |
|
Vichitbhan Palmoil Public Company Limited
BK:VPO
|
$13.77 Million |
|
NEP Realty and Industry Public Company Limited
BK:NEP
|
$13.77 Million |
|
Asia Seed Co.Ltd
KQ:154030
|
$13.77 Million |
|
Immo-Zenobe Gramme SA
BR:ZEN
|
$13.76 Million |
|
BIT MINING C.A SP.ADR 100
F:50C0
|
$13.76 Million |
|
TAO Synergies Inc.
NASDAQ:TAOX
|
$13.74 Million |
|
Miwon Chemical
KO:134380
|
$13.73 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bayhorse Silver Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 495,131 to -469,325, a change of -964,456 (-194.8%).
- Net loss of 3,988,279 reduced equity.
- New share issuances of 1,154,600 increased equity.
- Other comprehensive income decreased equity by 12,466,170.
- Other factors increased equity by 14,335,393.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-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: $2,278,129
- Average return on equity (ROE) among peers: -49.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bayhorse Silver Inc (BHS) | CA$-86.84K | -558.40% | N/A | $13.76 Million |
| Aftermath Silver Ltd (AAG) | $-1.02 Million | 0.00% | 0.00x | $195.23 Million |
| Aton Resources Inc (AAN) | $-9.49 Million | 0.00% | 0.00x | $42.41 Million |
| Arbor Metals Corp (ABR) | $153.43K | -30.35% | 0.39x | $8.19 Million |
| Asiabasemetals Inc (ABZ) | $-251.39K | 0.00% | 0.00x | $3.63 Million |
| Adex Mining Inc (ADE) | $-81.43K | 0.00% | 0.00x | $66.13 Million |
| Alphamin Res (AFM) | $159.81K | -280.73% | 0.49x | $1.30 Billion |
| Silver X Mining Corp (AGX) | $18.71 Million | -66.45% | 1.77x | $138.33 Million |
| Amarc Resources Ltd. (AHR) | $7.22 Million | -119.49% | 0.12x | $159.74 Million |
| Almonty Industries Inc (AII) | $21.18 Million | 0.00% | 0.48x | $5.33 Billion |
| Aldebaran Resources Inc (ALDE) | $-13.79 Million | 0.00% | 0.00x | $425.46 Million |
About Bayhorse Silver Inc
Bayhorse Silver Inc., a junior natural resource company, engages in the acquisition, exploration, and development of natural resource properties in the United States and Canada. It explores for silver, gold, zinc, copper, antimony, lead, and precious metal deposits. The company holds 100% interest in the Bayhorse silver mine property located in Baker County, Oregon. It also holds interest in the … Read more