Happy Creek Minerals Ltd (HPY) - Net Assets
Based on the latest financial reports, Happy Creek Minerals Ltd (HPY) has net assets worth CA$18.72 Million CAD (≈ $13.54 Million USD) as of October 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$18.98 Million ≈ $13.73 Million USD) and total liabilities (CA$254.53K ≈ $184.12K 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 asset resilience ratio of Happy Creek Minerals Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$18.72 Million |
| % of Total Assets | 98.66% |
| Annual Growth Rate | 1.18% |
| 5-Year Change | -22.49% |
| 10-Year Change | 4.06% |
| Growth Volatility | 8.29 |
Happy Creek Minerals Ltd - Net Assets Trend (2014–2025)
This chart illustrates how Happy Creek Minerals Ltd's net assets have evolved over time, based on quarterly financial data. Also explore HPY asset base for the complete picture of this company's asset base.
Annual Net Assets for Happy Creek Minerals Ltd (2014–2025)
The table below shows the annual net assets of Happy Creek Minerals Ltd from 2014 to 2025. For live valuation and market cap data, see Happy Creek Minerals Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-01-31 | CA$13.96 Million ≈ $10.10 Million |
-19.70% |
| 2024-01-31 | CA$17.38 Million ≈ $12.57 Million |
+0.69% |
| 2023-01-31 | CA$17.26 Million ≈ $12.49 Million |
-1.67% |
| 2022-01-31 | CA$17.55 Million ≈ $12.70 Million |
-2.52% |
| 2021-01-31 | CA$18.01 Million ≈ $13.03 Million |
+6.24% |
| 2020-01-31 | CA$16.95 Million ≈ $12.26 Million |
+5.14% |
| 2019-01-31 | CA$16.12 Million ≈ $11.66 Million |
-1.01% |
| 2018-01-31 | CA$16.29 Million ≈ $11.78 Million |
+14.79% |
| 2017-01-31 | CA$14.19 Million ≈ $10.26 Million |
+5.78% |
| 2016-01-31 | CA$13.41 Million ≈ $9.70 Million |
+8.09% |
| 2015-01-31 | CA$12.41 Million ≈ $8.98 Million |
+1.19% |
| 2014-01-31 | CA$12.26 Million ≈ $8.87 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Happy Creek Minerals Ltd'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 949448500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (January 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$28.33 Million | 203.00% |
| Total Equity | CA$13.96 Million | 100.00% |
Happy Creek Minerals Ltd Competitors by Market Cap
The table below lists competitors of Happy Creek Minerals Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Asiamet Resources Ltd
F:0FK
|
$27.77 Million |
|
Mustang Industrial
TWO:5460
|
$27.78 Million |
|
Shanyuan Co Ltd
TWO:4416
|
$27.78 Million |
|
Tekom Technologies
TWO:6294
|
$27.78 Million |
|
Altech Chemicals Ltd
F:A3Y
|
$27.76 Million |
|
TOP Ships Inc.
NASDAQ:TOPS
|
$27.76 Million |
|
DLSI
PA:ALDLS
|
$27.75 Million |
|
Audacia SAS
PA:ALAUD
|
$27.75 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Happy Creek Minerals Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 17,380,486 to 13,957,148, a change of -3,423,338 (-19.7%).
- Net loss of 4,018,251 reduced equity.
- New share issuances of 485,300 increased equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-4.02 Million | -28.79% |
| Share Issuances | CA$485.30K | +3.48% |
| Other Changes | CA$109.61K | +0.79% |
| Total Change | CA$- | -19.70% |
Book Value vs Market Value Analysis
This analysis compares Happy Creek Minerals Ltd'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: 1.90x
- 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 1.02x to 1.90x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-01-31 | CA$0.18 | CA$0.18 | x |
| 2019-01-31 | CA$0.17 | CA$0.18 | x |
| 2020-01-31 | CA$0.16 | CA$0.18 | x |
| 2021-01-31 | CA$0.15 | CA$0.18 | x |
| 2022-01-31 | CA$0.14 | CA$0.18 | x |
| 2023-01-31 | CA$0.14 | CA$0.18 | x |
| 2024-01-31 | CA$0.13 | CA$0.18 | x |
| 2025-01-31 | CA$0.09 | CA$0.18 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Happy Creek Minerals Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -28.79%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.02x
- Recent ROE (-28.79%) is below the historical average (-5.87%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -7.49% | 0.00% | 0.00x | 1.09x | CA$-2.14 Million |
| 2015 | -3.37% | 0.00% | 0.00x | 1.07x | CA$-1.66 Million |
| 2016 | -2.40% | 0.00% | 0.00x | 1.06x | CA$-1.66 Million |
| 2017 | -4.00% | 0.00% | 0.00x | 1.05x | CA$-1.99 Million |
| 2018 | -5.15% | -10914.65% | 0.00x | 1.07x | CA$-2.47 Million |
| 2019 | -2.49% | 0.00% | 0.00x | 1.06x | CA$-2.01 Million |
| 2020 | -3.24% | 0.00% | 0.00x | 1.06x | CA$-2.24 Million |
| 2021 | -3.06% | 0.00% | 0.00x | 1.07x | CA$-2.35 Million |
| 2022 | -4.81% | 0.00% | 0.00x | 1.07x | CA$-2.60 Million |
| 2023 | -2.01% | 0.00% | 0.00x | 1.08x | CA$-2.07 Million |
| 2024 | -3.67% | 0.00% | 0.00x | 1.06x | CA$-2.38 Million |
| 2025 | -28.79% | 0.00% | 0.00x | 1.02x | CA$-5.41 Million |
Industry Comparison
This section compares Happy Creek Minerals Ltd'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 |
|---|---|---|---|---|
| Happy Creek Minerals Ltd (HPY) | CA$18.72 Million | -7.49% | 0.01x | $27.76 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 Happy Creek Minerals Ltd
Happy Creek Minerals Ltd. engages in the acquisition, exploration, and development of mineral properties in Canada. It explores for copper, tungsten, molybdenum, zinc, indium, gold, and silver deposits. The company was incorporated in 2004 and is headquartered in Vancouver, Canada.