Black Widow Resources Inc (BWR) - Net Assets
Based on the latest financial reports, Black Widow Resources Inc (BWR) has net assets worth CA$-1.44 Million CAD (≈ $-1.05 Million USD) as of May 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$13.32K ≈ $9.63K USD) and total liabilities (CA$1.46 Million ≈ $1.05 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. See BWR equity financing ratio to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-1.44 Million |
| % of Total Assets | -10849.19% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Black Widow Resources Inc - Net Assets Trend (2013–2025)
This chart illustrates how Black Widow Resources Inc's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market cap of Black Widow Resources Inc.
Annual Net Assets for Black Widow Resources Inc (2013–2025)
The table below shows the annual net assets of Black Widow Resources Inc from 2013 to 2025. Also explore BWR shareholders equity momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-11-30 | CA$-1.35 Million ≈ $-975.60K |
-9.05% |
| 2024-11-30 | CA$-1.24 Million ≈ $-894.64K |
-38.01% |
| 2023-11-30 | CA$-896.14K ≈ $-648.25K |
-26.11% |
| 2022-11-30 | CA$-710.62K ≈ $-514.05K |
-117.08% |
| 2021-11-30 | CA$-327.35K ≈ $-236.80K |
-222.27% |
| 2020-11-30 | CA$-101.58K ≈ $-73.48K |
+41.57% |
| 2019-11-30 | CA$-173.83K ≈ $-125.75K |
-18.00% |
| 2018-11-30 | CA$-147.31K ≈ $-106.56K |
+46.18% |
| 2017-11-30 | CA$-273.69K ≈ $-197.99K |
-105.89% |
| 2016-11-30 | CA$-132.94K ≈ $-96.16K |
+36.96% |
| 2015-11-30 | CA$-210.87K ≈ $-152.54K |
-340.79% |
| 2014-11-30 | CA$-47.84K ≈ $-34.61K |
-134.90% |
| 2013-11-30 | CA$137.06K ≈ $99.14K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Black Widow 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 398280500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (November 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$4.67 Million | % |
| Total Equity | CA$-1.35 Million | 100.00% |
Black Widow Resources Inc Competitors by Market Cap
The table below lists competitors of Black Widow Resources Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Victoria PLC
LSE:VCP
|
$800.01K |
|
Aurora Solar Technologies Inc
V:ACU
|
$803.66K |
|
Geiger Counter Limited
LSE:GCL
|
$809.82K |
|
Jade Leader Corp
V:JADE
|
$810.63K |
|
Infinitum Copper Corp
V:INFI
|
$798.04K |
|
ODINWELL AB
F:0AF
|
$797.54K |
|
Composite Alliance Group Inc
V:CAG
|
$797.41K |
|
Cyber Security 1 AB
ST:CYB1
|
$797.10K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Black Widow Resources Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -1,236,748 to -1,348,666, a change of -111,918.
- Net loss of 201,918 reduced equity.
- New share issuances of 90,000 increased equity.
- Other factors decreased equity by 0.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-201.92K | -14.97% |
| Share Issuances | CA$90.00K | +6.67% |
| Total Change | CA$- | % |
Book Value vs Market Value Analysis
This analysis compares Black Widow 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 |
|---|---|---|---|
| 2017-11-30 | CA$0.00 | CA$0.01 | x |
| 2018-11-30 | CA$0.00 | CA$0.01 | x |
| 2019-11-30 | CA$0.00 | CA$0.01 | x |
| 2020-11-30 | CA$0.00 | CA$0.01 | x |
| 2021-11-30 | CA$0.00 | CA$0.01 | x |
| 2022-11-30 | CA$-0.01 | CA$0.01 | x |
| 2023-11-30 | CA$-0.01 | CA$0.01 | x |
| 2024-11-30 | CA$-0.01 | CA$0.01 | x |
| 2025-11-30 | CA$-0.01 | CA$0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Black Widow Resources Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-46.84%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -608.86% | 0.00% | 0.00x | 1.75x | CA$-848.18K |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-428.15K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-283.50K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-289.36K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-916.07K |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-479.38K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-446.50K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-607.50K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-730.65K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-344.69K |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-261.24K |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-216.94K |
| 2025 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-67.05K |
Industry Comparison
This section compares Black Widow Resources 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: $35,388,736
- Average return on equity (ROE) among peers: -60.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Black Widow Resources Inc (BWR) | CA$-1.44 Million | -608.86% | N/A | $799.42K |
| Aftermath Silver Ltd (AAG) | $25.06 Million | -33.91% | 0.29x | $158.16 Million |
| Aton Resources Inc (AAN) | $-9.99 Million | 0.00% | 0.00x | $45.18 Million |
| Arbor Metals Corp (ABR) | $384.49K | -219.08% | 1.89x | $6.14 Million |
| Asiabasemetals Inc (ABZ) | $-820.83K | 0.00% | 0.00x | $2.36 Million |
| Adex Mining Inc (ADE) | $15.29 Million | -9.66% | 0.03x | $46.54 Million |
| Alphamin Res (AFM) | $197.93 Million | -3.97% | 0.50x | $1.25 Billion |
| Silver X Mining Corp (AGX) | $6.99 Million | -54.56% | 0.04x | $148.73 Million |
| Amarc Resources Ltd. (AHR) | $763.11K | -243.05% | 0.34x | $156.65 Million |
| Almonty Industries Inc (AII) | $39.75 Million | -36.45% | 3.85x | $3.18 Billion |
| Aldebaran Resources Inc (ALDE) | $78.53 Million | 0.45% | 0.01x | $366.96 Million |
About Black Widow Resources Inc
BWR Exploration Inc. engages in the acquisition, exploration, and evaluation of precious and base metal properties in Canada. It explores for copper, zinc, lead, nickel, silver, and gold deposits, as well as platinum group metals. The company holds 100% interests in the Little Stull Lake Gold project, which includes 20 staked claims and the two mineral exploration licenses covering an area of app… Read more