Pathfinder Ventures Inc (RV) - Net Assets

Latest as of September 2025: CA$1.36 Million CAD ≈ $985.14K USD

Based on the latest financial reports, Pathfinder Ventures Inc (RV) has net assets worth CA$1.36 Million CAD (≈ $985.14K 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$14.50 Million ≈ $10.49 Million USD) and total liabilities (CA$13.14 Million ≈ $9.50 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. Read Pathfinder Ventures Inc (RV) total liabilities for a breakdown of total debt and financial obligations.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CA$1.36 Million
% of Total Assets	9.39%
Annual Growth Rate	-10.64%
5-Year Change	N/A
10-Year Change	N/A
Growth Volatility	38.78

Pathfinder Ventures Inc - Net Assets Trend (2020–2024)

This chart illustrates how Pathfinder Ventures Inc's net assets have evolved over time, based on quarterly financial data. Also explore RV total assets for the complete picture of this company's asset base.

Annual Net Assets for Pathfinder Ventures Inc (2020–2024)

The table below shows the annual net assets of Pathfinder Ventures Inc from 2020 to 2024. For live valuation and market cap data, see Pathfinder Ventures Inc market capitalisation.

Year	Net Assets	Change
2024-12-31	CA$2.25 Million ≈ $1.62 Million	+26.52%
2023-12-31	CA$1.78 Million ≈ $1.28 Million	-42.29%
2022-12-31	CA$3.08 Million ≈ $2.23 Million	-39.58%
2021-12-31	CA$5.09 Million ≈ $3.68 Million	+44.56%
2020-12-31	CA$3.52 Million ≈ $2.55 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Pathfinder Ventures 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 951601300.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Other Components	CA$12.43 Million	553.43%
Total Equity	CA$2.25 Million	100.00%

Pathfinder Ventures Inc Competitors by Market Cap

The table below lists competitors of Pathfinder Ventures Inc ranked by their market capitalization.

Company	Market Cap
Airesis SA SW:AIRE	$1.49 Million
Foncière Euris SA PA:EURS	$1.49 Million
Enersize Oy ST:ENERS	$1.49 Million
Genprex Inc NASDAQ:GNPX	$1.50 Million
Eurotex Industries and Exports Limited NSE:EUROTEXIND	$1.48 Million
Montanaro UK Smaller Companies Investment Trust PLC LSE:MTU	$1.48 Million
Sobr Safe Inc NASDAQ:SOBR	$1.48 Million
Internet Gold Golden Lines Ltd TA:IGLD	$1.47 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Pathfinder Ventures Inc's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 1,775,128 to 2,245,965, a change of 470,837 (26.5%).
Net loss of 2,042,976 reduced equity.
New share issuances of 2,307,500 increased equity.
Other factors increased equity by 206,313.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CA$-2.04 Million	-90.96%
Share Issuances	CA$2.31 Million	+102.74%
Other Changes	CA$206.31K	+9.19%
Total Change	CA$-	26.52%

Book Value vs Market Value Analysis

This analysis compares Pathfinder Ventures 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: 0.91x
The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
The price-to-book ratio has increased from 0.71x to 0.91x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2020-12-31	CA$0.06	CA$0.05	x
2021-12-31	CA$0.09	CA$0.05	x
2022-12-31	CA$0.06	CA$0.05	x
2023-12-31	CA$0.10	CA$0.05	x
2024-12-31	CA$0.05	CA$0.05	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Pathfinder Ventures 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): -90.96%
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: 6.76x
Recent ROE (-90.96%) is below the historical average (-73.24%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2020	-18.96%	-612.87%	0.01x	2.68x	CA$-1.02 Million
2021	-66.19%	-136.85%	0.16x	3.09x	CA$-3.88 Million
2022	-73.31%	-66.90%	0.23x	4.87x	CA$-2.56 Million
2023	-116.76%	-61.56%	0.24x	7.92x	CA$-2.25 Million
2024	-90.96%	0.00%	0.00x	6.76x	CA$-2.27 Million

Industry Comparison

This section compares Pathfinder Ventures Inc's net assets metrics with peer companies in the Resorts & Casinos industry.

Industry Context

Industry: Resorts & Casinos
Average net assets among peers: $2,587,458
Average return on equity (ROE) among peers: -8.25%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Pathfinder Ventures Inc (RV)	CA$1.36 Million	-18.96%	9.65x	$1.48 Million
Gamehost Inc. (GH)	$3.64 Million	8.00%	1.17x	$200.16 Million
Maple Peak Investments Inc (MAP)	$1.53 Million	-24.50%	0.07x	$5.12 Million

About Pathfinder Ventures Inc

V:RV Canada Resorts & Casinos

Market Cap

$1.48 Million

CA$2.05 Million CAD

Market Cap Rank

#29938 Global

#1539 in Canada

Share Price

CA$0.05

Change (1 day)

+0.00%

52-Week Range

CA$0.03 - CA$0.07

All Time High

CA$1.18