Highland Copper Company Inc. (HI) - Net Assets
Based on the latest financial reports, Highland Copper Company Inc. (HI) has net assets worth CA$33.75 Million CAD (≈ $24.42 Million 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$47.13 Million ≈ $34.09 Million USD) and total liabilities (CA$13.38 Million ≈ $9.68 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. Explore Highland Copper Company Inc. (HI) cash flow conversion to assess how effectively this company generates cash.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$33.75 Million |
| % of Total Assets | 71.62% |
| Annual Growth Rate | 33.05% |
| 5-Year Change | N/A |
| 10-Year Change | 38.3% |
| Growth Volatility | 121.25 |
Highland Copper Company Inc. - Net Assets Trend (2007–2024)
This chart illustrates how Highland Copper Company Inc.'s net assets have evolved over time, based on quarterly financial data. For live valuation and market cap data, see how much is Highland Copper Company Inc. worth.
Annual Net Assets for Highland Copper Company Inc. (2007–2024)
The table below shows the annual net assets of Highland Copper Company Inc. from 2007 to 2024. Read HI total debt and obligations for a breakdown of total debt and financial obligations.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | CA$52.71 Million ≈ $38.13 Million |
+88.38% |
| 2023-06-30 | CA$27.98 Million ≈ $20.24 Million |
-18.33% |
| 2022-06-30 | CA$34.26 Million ≈ $24.78 Million |
+123.80% |
| 2021-06-30 | CA$15.31 Million ≈ $11.07 Million |
+905.74% |
| 2020-06-30 | CA$-1.90 Million ≈ $-1.37 Million |
-187.82% |
| 2019-06-30 | CA$2.16 Million ≈ $1.56 Million |
-91.00% |
| 2018-06-30 | CA$24.05 Million ≈ $17.39 Million |
-27.80% |
| 2017-06-30 | CA$33.30 Million ≈ $24.09 Million |
+117.49% |
| 2016-06-30 | CA$15.31 Million ≈ $11.08 Million |
-59.82% |
| 2015-06-30 | CA$38.11 Million ≈ $27.57 Million |
+14.81% |
| 2014-06-30 | CA$33.19 Million ≈ $24.01 Million |
+107.33% |
| 2013-06-30 | CA$16.01 Million ≈ $11.58 Million |
-1.56% |
| 2012-06-30 | CA$16.26 Million ≈ $11.77 Million |
+311.50% |
| 2011-06-30 | CA$3.95 Million ≈ $2.86 Million |
+95.46% |
| 2010-06-30 | CA$2.02 Million ≈ $1.46 Million |
+68.21% |
| 2009-06-30 | CA$1.20 Million ≈ $869.55K |
+255.08% |
| 2008-06-30 | CA$338.54K ≈ $244.89K |
-17.51% |
| 2007-06-30 | CA$410.40K ≈ $296.88K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Highland Copper Company 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 4854165582.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$101.34 Million | 192.27% |
| Total Equity | CA$52.71 Million | 100.00% |
Highland Copper Company Inc. Competitors by Market Cap
The table below lists competitors of Highland Copper Company Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Artiva Biotherapeutics, Inc. Common Stock
NASDAQ:ARTV
|
$82.80 Million |
|
Noble Development Public Company Limited
BK:NOBLE
|
$82.81 Million |
|
New Horizon Aircraft Ltd
NASDAQ:HOVR
|
$82.81 Million |
|
Unique Engineering and Construction Public Company Limited
BK:UNIQ
|
$82.89 Million |
|
Arrow Exploration Corp
V:AXL
|
$82.72 Million |
|
Curo Co Ltd
KO:015590
|
$82.71 Million |
|
Woorison F&G Co. Ltd
KQ:073560
|
$82.68 Million |
|
Ratchaphruek Hospital Public Company Limited
BK:RPH
|
$82.66 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Highland Copper Company Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 27,979,764 to 52,709,154, a change of 24,729,390 (88.4%).
- Net income of 24,197,120 contributed positively to equity growth.
- Other comprehensive income decreased equity by 803,043.
- Other factors increased equity by 1,335,313.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$24.20 Million | +45.91% |
| Other Comprehensive Income | CA$-803.04K | -1.52% |
| Other Changes | CA$1.34 Million | +2.53% |
| Total Change | CA$- | 88.38% |
Book Value vs Market Value Analysis
This analysis compares Highland Copper Company 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: 2.17x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.24x to 2.17x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-06-30 | CA$0.64 | CA$0.16 | x |
| 2008-06-30 | CA$0.83 | CA$0.16 | x |
| 2009-06-30 | CA$1.46 | CA$0.16 | x |
| 2010-06-30 | CA$0.57 | CA$0.16 | x |
| 2011-06-30 | CA$0.70 | CA$0.16 | x |
| 2012-06-30 | CA$2.07 | CA$0.16 | x |
| 2014-06-30 | CA$0.60 | CA$0.16 | x |
| 2015-06-30 | CA$0.36 | CA$0.16 | x |
| 2016-06-30 | CA$0.10 | CA$0.16 | x |
| 2017-06-30 | CA$0.13 | CA$0.16 | x |
| 2018-06-30 | CA$0.05 | CA$0.16 | x |
| 2019-06-30 | CA$0.00 | CA$0.16 | x |
| 2020-06-30 | CA$0.00 | CA$0.16 | x |
| 2021-06-30 | CA$0.03 | CA$0.16 | x |
| 2022-06-30 | CA$0.05 | CA$0.16 | x |
| 2023-06-30 | CA$0.04 | CA$0.16 | x |
| 2024-06-30 | CA$0.07 | CA$0.16 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Highland Copper Company Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 45.91%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.11x
- Recent ROE (45.91%) is above the historical average (-66.71%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | -22.42% | 0.00% | 0.00x | 1.02x | CA$-133.07K |
| 2008 | -37.69% | 0.00% | 0.00x | 1.06x | CA$-161.46K |
| 2009 | -22.61% | 0.00% | 0.00x | 1.01x | CA$-391.95K |
| 2010 | -24.94% | 0.00% | 0.00x | 1.18x | CA$-706.54K |
| 2011 | -17.47% | -11196.62% | 0.00x | 1.01x | CA$-1.09 Million |
| 2012 | -17.85% | 0.00% | 0.00x | 1.00x | CA$-4.53 Million |
| 2014 | -9.67% | 0.00% | 0.00x | 1.31x | CA$-6.53 Million |
| 2015 | -6.64% | 0.00% | 0.00x | 1.33x | CA$-6.34 Million |
| 2016 | -20.13% | 0.00% | 0.00x | 1.31x | CA$-4.61 Million |
| 2017 | -13.46% | 0.00% | 0.00x | 1.34x | CA$-7.81 Million |
| 2018 | -48.12% | 0.00% | 0.00x | 1.48x | CA$-13.98 Million |
| 2019 | -1024.12% | 0.00% | 0.00x | 9.76x | CA$-22.37 Million |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-4.18 Million |
| 2021 | 115.50% | 0.00% | 0.00x | 2.73x | CA$16.15 Million |
| 2022 | -6.00% | 0.00% | 0.00x | 1.10x | CA$-5.48 Million |
| 2023 | -24.32% | 0.00% | 0.00x | 1.14x | CA$-9.60 Million |
| 2024 | 45.91% | 0.00% | 0.00x | 1.11x | CA$18.93 Million |
Industry Comparison
This section compares Highland Copper Company Inc.'s net assets metrics with peer companies in the Copper industry.
Industry Context
- Industry: Copper
- Average net assets among peers: $1,500,651,919
- Average return on equity (ROE) among peers: -35.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Highland Copper Company Inc. (HI) | CA$33.75 Million | -22.42% | 0.40x | $82.77 Million |
| Amerigo Resources Ltd. (ARG) | $150.52 Million | 10.22% | 0.44x | $736.55 Million |
| Aranjin Resources Ltd (ARJN) | $-618.72K | 0.00% | 0.00x | $993.53K |
| Arizona Sonoran Copper Company Inc (ASCU) | $1.82 Million | -131.87% | 5.65x | $652.36 Million |
| Bell Copper Corp (BCU) | $36.10 Million | -15.42% | 0.56x | $7.90 Million |
| Capstone Mining Corp (CS) | $3.46 Billion | 2.40% | 0.84x | $6.41 Billion |
| Copper Fox Metals Inc. (CUU) | $76.16 Million | -1.43% | 0.05x | $227.17 Million |
| Element 29 Resources Inc (ECU) | $12.84 Million | -55.68% | 0.04x | $152.98 Million |
| Ero Copper Corp (ERO) | $542.16 Million | 18.78% | 1.19x | $2.80 Billion |
| Faraday Copper Corp. (FDY) | $4.78 Million | -190.41% | 0.18x | $480.47 Million |
| First Quantum Minerals Ltd (FM) | $10.72 Billion | 4.11% | 1.20x | $21.48 Billion |
About Highland Copper Company Inc.
Highland Copper Company Inc., together with its subsidiaries, engages in the acquisition, exploration, and development of mineral properties in the United States. The company explores for copper deposits. The company's principal projects include the 100% owned Copperwood project; and the 34% owned White Pine North project located in the Upper Peninsula of Michigan. The company was formerly known … Read more