World Copper Ltd (WCU) - Net Assets
Based on the latest financial reports, World Copper Ltd (WCU) has net assets worth CA$1.18 Million CAD (≈ $853.24K USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$4.77 Million ≈ $3.45 Million USD) and total liabilities (CA$3.59 Million ≈ $2.59 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. Check WCU tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$1.18 Million |
| % of Total Assets | 24.75% |
| Annual Growth Rate | -12.66% |
| 5-Year Change | -87.6% |
| 10-Year Change | N/A |
| Growth Volatility | 138.64 |
World Copper Ltd - Net Assets Trend (2019–2025)
This chart illustrates how World Copper Ltd's net assets have evolved over time, based on quarterly financial data. See WCU cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for World Copper Ltd (2019–2025)
The table below shows the annual net assets of World Copper Ltd from 2019 to 2025. For live valuation and market cap data, see WCU stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CA$1.18 Million ≈ $853.24K |
-92.73% |
| 2024-12-31 | CA$16.23 Million ≈ $11.74 Million |
-55.02% |
| 2023-12-31 | CA$36.07 Million ≈ $26.09 Million |
-1.68% |
| 2022-12-31 | CA$36.69 Million ≈ $26.54 Million |
+285.67% |
| 2021-12-31 | CA$9.51 Million ≈ $6.88 Million |
+208.68% |
| 2020-12-31 | CA$3.08 Million ≈ $2.23 Million |
+15.98% |
| 2019-12-31 | CA$2.66 Million ≈ $1.92 Million |
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Equity Component Analysis
This analysis shows how different components contribute to World Copper 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 4216700900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$44.03 Million | 3732.76% |
| Total Equity | CA$1.18 Million | 100.00% |
World Copper Ltd Competitors by Market Cap
The table below lists competitors of World Copper Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
DMC Mining Ltd
AU:DMM
|
$1.90 Million |
|
McLaren Resources Inc
F:3ML
|
$1.90 Million |
|
Silly Monks Entertainment Limited
NSE:SILLYMONKS
|
$1.91 Million |
|
Melar Acquisition Corp. I Warrant
NASDAQ:MACIW
|
$1.91 Million |
|
Phoenix Spree Deutschland Ltd
LSE:PSDL
|
$1.90 Million |
|
Atomic Minerals Corp
V:ATOM
|
$1.90 Million |
|
RBR Group Ltd
AU:RBR
|
$1.89 Million |
|
TELES Informationstechnologien AG
XETRA:TLIK
|
$1.89 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in World Copper Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 16,226,886 to 1,179,510, a change of -15,047,376 (-92.7%).
- Net loss of 15,109,118 reduced equity.
- New share issuances of 1,580,865 increased equity.
- Other factors decreased equity by 1,519,123.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-15.11 Million | -1280.97% |
| Share Issuances | CA$1.58 Million | +134.03% |
| Other Changes | CA$-1.52 Million | -128.79% |
| Total Change | CA$- | -92.73% |
Book Value vs Market Value Analysis
This analysis compares World Copper 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: 2.23x
- 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 0.50x to 2.23x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | CA$0.02 | CA$0.01 | x |
| 2020-12-31 | CA$0.02 | CA$0.01 | x |
| 2021-12-31 | CA$0.11 | CA$0.01 | x |
| 2022-12-31 | CA$0.32 | CA$0.01 | x |
| 2023-12-31 | CA$0.29 | CA$0.01 | x |
| 2024-12-31 | CA$0.07 | CA$0.01 | x |
| 2025-12-31 | CA$0.00 | CA$0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently World Copper Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -1280.97%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 4.04x
- Recent ROE (-1280.97%) is below the historical average (-237.23%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -25.66% | 0.00% | 0.00x | 1.59x | CA$-947.51K |
| 2020 | -63.91% | 0.00% | 0.00x | 1.57x | CA$-2.28 Million |
| 2021 | -67.00% | 0.00% | 0.00x | 1.11x | CA$-7.33 Million |
| 2022 | -44.83% | 0.00% | 0.00x | 1.19x | CA$-20.12 Million |
| 2023 | -10.14% | 0.00% | 0.00x | 1.19x | CA$-7.26 Million |
| 2024 | -168.13% | 0.00% | 0.00x | 1.30x | CA$-28.91 Million |
| 2025 | -1280.97% | 0.00% | 0.00x | 4.04x | CA$-15.23 Million |
Industry Comparison
This section compares World Copper Ltd's net assets metrics with peer companies in the Copper industry.
Industry Context
- Industry: Copper
- Average net assets among peers: $180,817,672
- Average return on equity (ROE) among peers: -19.72%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| World Copper Ltd (WCU) | CA$1.18 Million | -25.66% | 3.04x | $1.90 Million |
| Amerigo Resources Ltd. (ARG) | $118.70 Million | 3.68% | 0.95x | $843.64 Million |
| Aranjin Resources Ltd (ARJN) | $-3.44 Million | 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) | $3.34 Million | -44.99% | 0.31x | $7.41 Million |
| Capstone Mining Corp (CS) | $1.01 Billion | 22.53% | 0.70x | $8.49 Billion |
| Copper Fox Metals Inc. (CUU) | $35.21 Million | -2.09% | 0.18x | $227.17 Million |
| Element 29 Resources Inc (ECU) | $22.87 Million | -11.23% | 0.07x | $187.01 Million |
| Ero Copper Corp (ERO) | $591.07 Million | -11.58% | 1.47x | $3.18 Billion |
| Faraday Copper Corp. (FDY) | $7.09 Million | -21.39% | 0.06x | $1.25 Billion |
| First Quantum Minerals Ltd (FM) | $24.64 Million | -0.28% | 1.39x | $27.03 Billion |
About World Copper Ltd
World Copper Ltd., an exploration stage junior mining company, engages in the identification, acquisition, and exploration of mineral resources in Chile and the United States. It primarily explores for copper. The company has an option to acquire 100% interests in the Cristal Project comprising 9 square kilometers of exploitation concessions located in Northern Chile and Brassie Creek Project, a … Read more