Highway 50 Gold Corp (HWY) - Net Assets
Based on the latest financial reports, Highway 50 Gold Corp (HWY) has net assets worth CA$4.71 Million CAD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$5.37 Million) and total liabilities (CA$664.74K). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$4.71 Million |
| % of Total Assets | 87.63% |
| Annual Growth Rate | -8.21% |
| 5-Year Change | -73.46% |
| 10-Year Change | -80.91% |
| Growth Volatility | 45.28 |
Highway 50 Gold Corp - Net Assets Trend (2013–2024)
This chart illustrates how Highway 50 Gold Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Highway 50 Gold Corp (2013–2024)
The table below shows the annual net assets of Highway 50 Gold Corp from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$724.91K | -14.08% |
| 2023-12-31 | CA$843.72K | -80.87% |
| 2022-12-31 | CA$4.41 Million | +34.50% |
| 2021-12-31 | CA$3.28 Million | +20.03% |
| 2020-12-31 | CA$2.73 Million | -7.39% |
| 2019-12-31 | CA$2.95 Million | -6.66% |
| 2018-12-31 | CA$3.16 Million | -17.94% |
| 2017-12-31 | CA$3.85 Million | +12.04% |
| 2016-12-31 | CA$3.44 Million | -9.49% |
| 2015-12-31 | CA$3.80 Million | -5.94% |
| 2014-12-31 | CA$4.04 Million | +117.00% |
| 2013-12-31 | CA$1.86 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Highway 50 Gold Corp'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 1046286300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$13.42 Million | 1851.24% |
| Total Equity | CA$724.91K | 100.00% |
Highway 50 Gold Corp Competitors by Market Cap
The table below lists competitors of Highway 50 Gold Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SemiLEDS Corporation
NASDAQ:LEDS
|
$11.68 Million |
|
AJ Lucas Group Ltd
AU:AJL
|
$11.68 Million |
|
TOMI Environmental Solutions Inc
NASDAQ:TOMZ
|
$11.68 Million |
|
Lien Hoe Corporation Bhd
KLSE:3573
|
$11.68 Million |
|
SOFTOX SOLUTIONS NK 002
F:6FV
|
$11.67 Million |
|
Topvision Eye Specialist Berhad
KLSE:0332
|
$11.67 Million |
|
Prologue S.A.
LSE:0FPJ
|
$11.66 Million |
|
Kier Group PLC
LSE:KIE
|
$11.65 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Highway 50 Gold Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 843,723 to 724,907, a change of -118,816 (-14.1%).
- Net loss of 843,556 reduced equity.
- Other factors increased equity by 724,740.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-843.56K | -116.37% |
| Other Changes | CA$724.74K | +99.98% |
| Total Change | CA$- | -14.08% |
Book Value vs Market Value Analysis
This analysis compares Highway 50 Gold Corp'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: 13.42x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 3.30x to 13.42x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CA$0.13 | CA$0.42 | x |
| 2018-12-31 | CA$0.09 | CA$0.42 | x |
| 2019-12-31 | CA$0.08 | CA$0.42 | x |
| 2020-12-31 | CA$0.07 | CA$0.42 | x |
| 2021-12-31 | CA$0.08 | CA$0.42 | x |
| 2022-12-31 | CA$0.21 | CA$0.42 | x |
| 2023-12-31 | CA$0.04 | CA$0.42 | x |
| 2024-12-31 | CA$0.03 | CA$0.42 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Highway 50 Gold Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -116.37%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.86x
- Recent ROE (-116.37%) is below the historical average (-67.83%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -12.63% | 0.00% | 0.00x | 1.21x | CA$-421.03K |
| 2014 | -12.60% | 0.00% | 0.00x | 1.04x | CA$-912.58K |
| 2015 | -13.59% | 0.00% | 0.00x | 1.00x | CA$-895.87K |
| 2016 | -16.39% | 0.00% | 0.00x | 1.00x | CA$-907.26K |
| 2017 | -11.80% | 0.00% | 0.00x | 1.04x | CA$-839.47K |
| 2018 | -67.03% | 0.00% | 0.00x | 1.15x | CA$-2.43 Million |
| 2019 | -16.71% | 0.00% | 0.00x | 1.26x | CA$-787.74K |
| 2020 | -35.41% | 0.00% | 0.00x | 1.51x | CA$-1.24 Million |
| 2021 | -24.53% | 0.00% | 0.00x | 1.54x | CA$-1.13 Million |
| 2022 | 25.63% | 0.00% | 0.00x | 1.10x | CA$689.22K |
| 2023 | -512.52% | 0.00% | 0.00x | 1.48x | CA$-4.41 Million |
| 2024 | -116.37% | 0.00% | 0.00x | 1.86x | CA$-916.05K |
Industry Comparison
This section compares Highway 50 Gold Corp'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: $20,343,055
- Average return on equity (ROE) among peers: -32.96%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Highway 50 Gold Corp (HWY) | CA$4.71 Million | -12.63% | 0.14x | $11.67 Million |
| Aftermath Silver Ltd (AAG) | $26.16 Million | -23.42% | 0.41x | $215.07 Million |
| Aton Resources Inc (AAN) | $-9.49 Million | 0.00% | 0.00x | $52.55 Million |
| Asbestos Corporation Limited (AB-H) | $-20.67 Million | 0.00% | 0.00x | $1.85 Million |
| Arbor Metals Corp (ABR) | $384.49K | -219.08% | 1.89x | $10.15 Million |
| Asiabasemetals Inc (ABZ) | $-91.78K | 0.00% | 0.00x | $5.75 Million |
| Adex Mining Inc (ADE) | $13.66 Million | -11.99% | 0.07x | $27.09 Million |
| AE Fuels Corporation (AEF) | $423.41K | -11.49% | 0.28x | $4.95 Million |
| Alphamin Res (AFM) | $174.59 Million | 2.85% | 0.82x | $1.27 Billion |
| African Metals Corporation (AFR) | $-227.17K | 0.00% | 0.00x | $1.00 Million |
| Silver X Mining Corp (AGX) | $18.71 Million | -66.45% | 1.77x | $148.73 Million |
About Highway 50 Gold Corp
Highway 50 Gold Corp. engages in the exploration and evaluation of assets located in Canada and the United States. It explores for gold deposits. The company was formerly known as Tatmar Ventures Inc. and changed its name to Highway 50 Gold Corp. in July 2011. Highway 50 Gold Corp. was incorporated in 2004 and is headquartered in Vancouver, Canada.