Nevado Resources Corporation
Nevado Resources Corporation engages in acquiring, exploring, and evaluating mineral properties in Canada. The company was formerly known as Nevado Venture Capital Corporation and changed its name to Nevado Resources Corporation in August 2010. Nevado Resources Corporation was incorporated in 2006 and is headquartered in Vancouver, Canada.
Nevado Resources Corporation (VDO-H) - Net Assets
Latest net assets as of September 2025: CA$287.40K CAD
Based on the latest financial reports, Nevado Resources Corporation (VDO-H) has net assets worth CA$287.40K 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$447.64K) and total liabilities (CA$160.24K). 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$287.40K |
| % of Total Assets | 64.2% |
| Annual Growth Rate | N/A |
| 5-Year Change | -75.06% |
| 10-Year Change | N/A |
| Growth Volatility | 7.1 |
Nevado Resources Corporation - Net Assets Trend (2017–2024)
This chart illustrates how Nevado Resources Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Nevado Resources Corporation (2017–2024)
The table below shows the annual net assets of Nevado Resources Corporation from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$368.09K | -24.63% |
| 2023-12-31 | CA$488.37K | -28.22% |
| 2022-12-31 | CA$680.34K | -22.27% |
| 2021-12-31 | CA$875.22K | -40.69% |
| 2020-12-31 | CA$1.48 Million | +14455.92% |
| 2019-12-31 | CA$-10.28K | +96.22% |
| 2018-12-31 | CA$-272.11K | -22.90% |
| 2017-12-31 | CA$-221.41K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Nevado Resources Corporation'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 grown by 91320100.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$14.27 Million | 3876.97% |
| Total Equity | CA$368.09K | 100.00% |
Nevado Resources Corporation Competitors by Market Cap
The table below lists competitors of Nevado Resources Corporation ranked by their market capitalization.
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nevado Resources Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 488,371 to 368,092, a change of -120,279 (-24.6%).
- Net loss of 120,279 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-120.28K | -32.68% |
| Total Change | CA$- | -24.63% |
Book Value vs Market Value Analysis
This analysis compares Nevado Resources Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.16x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CA$-0.07 | CA$0.04 | x |
| 2018-12-31 | CA$-0.09 | CA$0.04 | x |
| 2019-12-31 | CA$0.00 | CA$0.04 | x |
| 2020-12-31 | CA$0.12 | CA$0.04 | x |
| 2021-12-31 | CA$0.07 | CA$0.04 | x |
| 2022-12-31 | CA$0.06 | CA$0.04 | x |
| 2023-12-31 | CA$0.04 | CA$0.04 | x |
| 2024-12-31 | CA$0.03 | CA$0.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nevado Resources Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -32.68%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.46x
- Recent ROE (-32.68%) is below the historical average (-13.65%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-118.73K |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-23.49K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-44.78K |
| 2020 | 60.04% | 0.00% | 0.00x | 1.03x | CA$738.49K |
| 2021 | -68.62% | 0.00% | 0.00x | 1.11x | CA$-688.09K |
| 2022 | -28.65% | 0.00% | 0.00x | 1.17x | CA$-262.92K |
| 2023 | -39.31% | 0.00% | 0.00x | 1.37x | CA$-240.81K |
| 2024 | -32.68% | 0.00% | 0.00x | 1.46x | CA$-157.09K |
Industry Comparison
This section compares Nevado Resources Corporation'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: $30,833,953
- Average return on equity (ROE) among peers: -67.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nevado Resources Corporation (VDO-H) | CA$287.40K | 0.00% | 0.56x | $254.74K |
| Asbestos Corporation Limited (AB-H) | $-20.02 Million | 0.00% | 0.00x | $467.16K |
| Asiabasemetals Inc (ABZ) | $-394.71K | 0.00% | 0.00x | $1.49 Million |
| Alphamin Res (AFM) | $310.73 Million | 15.51% | 0.36x | $456.79 Million |
| African Metals Corporation (AFR) | $942.26K | -69.83% | 0.14x | $409.36K |
| Bullet Exploration Inc (AMMO) | $2.16 Million | -41.07% | 24.74x | $3.15 Million |
| AM Resources Corp (AMR) | $596.66K | -503.92% | 1.17x | $2.45 Million |
| Andina Copper Corporation (ANDC) | $6.58 Million | -35.34% | 0.01x | $101.97 Million |
| Auriginal Mining Corp. (AUME) | $8.45 Million | -20.72% | 0.21x | $6.12 Million |
| Aurora Royalties Inc (AUR-H) | $350.13K | -16.93% | 0.05x | $266.34K |
| Balto Resources Ltd (BAL-H) | $-1.07 Million | 0.00% | 0.00x | $375.18K |