World Copper Ltd (WCU) - Net Assets
Based on the latest financial reports, World Copper Ltd (WCU) has net assets worth CA$15.06 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$21.92 Million) and total liabilities (CA$6.85 Million). 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$15.06 Million |
| % of Total Assets | 68.73% |
| Annual Growth Rate | 43.58% |
| 5-Year Change | 426.52% |
| 10-Year Change | N/A |
| Growth Volatility | 132.12 |
World Copper Ltd - Net Assets Trend (2019–2024)
This chart illustrates how World Copper Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for World Copper Ltd (2019–2024)
The table below shows the annual net assets of World Copper Ltd from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$16.23 Million | -55.02% |
| 2023-12-31 | CA$36.07 Million | -1.68% |
| 2022-12-31 | CA$36.69 Million | +285.67% |
| 2021-12-31 | CA$9.51 Million | +208.68% |
| 2020-12-31 | CA$3.08 Million | +15.98% |
| 2019-12-31 | CA$2.66 Million | -- |
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 4704083900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$63.95 Million | 394.10% |
| Total Equity | CA$16.23 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 |
|---|---|
|
Thai Polycons Public Company Limited
BK:TPOLY
|
$2.86 Million |
|
Tesoro Minerals Corp.
V:TES
|
$2.86 Million |
|
Tombill Mines Limited
V:TBLL
|
$2.86 Million |
|
Nexion Group Ltd
AU:NNG
|
$2.86 Million |
|
Moab Minerals Ltd
AU:MOM
|
$2.85 Million |
|
Têxtil Renauxview S.A
SA:TXRX3
|
$2.85 Million |
|
AS Trigon Property Development
STU:UG4
|
$2.85 Million |
|
Surefire Resources NL
AU:SRN
|
$2.85 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in World Copper Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 36,072,047 to 16,226,886, a change of -19,845,161 (-55.0%).
- Net loss of 27,282,563 reduced equity.
- New share issuances of 6,899,379 increased equity.
- Other factors increased equity by 538,023.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-27.28 Million | -168.13% |
| Share Issuances | CA$6.90 Million | +42.52% |
| Other Changes | CA$538.02K | +3.32% |
| Total Change | CA$- | -55.02% |
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: 0.21x
- 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 decreased from 0.75x to 0.21x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | CA$0.02 | CA$0.02 | x |
| 2020-12-31 | CA$0.02 | CA$0.02 | x |
| 2021-12-31 | CA$0.11 | CA$0.02 | x |
| 2022-12-31 | CA$0.32 | CA$0.02 | x |
| 2023-12-31 | CA$0.29 | CA$0.02 | x |
| 2024-12-31 | CA$0.07 | CA$0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently World Copper Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -168.13%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.30x
- Recent ROE (-168.13%) is below the historical average (-63.28%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -25.66% | 0.00% | 0.00x | 1.59x | CA$-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 |
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: $1,178,320,482
- Average return on equity (ROE) among peers: -179.74%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| World Copper Ltd (WCU) | CA$15.06 Million | -25.66% | 0.45x | $2.85 Million |
| Amerigo Resources Ltd. (ARG) | $104.85 Million | 3.23% | 0.90x | $791.29 Million |
| Aranjin Resources Ltd (ARJN) | $56.47K | -1627.97% | 20.08x | $993.53K |
| Arizona Sonoran Copper Company Inc (ASCU) | $1.82 Million | -131.87% | 5.65x | $652.36 Million |
| Alta Copper Corp. (ATCU) | $64.63 Million | -4.20% | 0.04x | $94.73 Million |
| Axo Copper Corp (AXO) | $11.29 Million | -0.80% | 0.16x | $132.95 Million |
| Bell Copper Corp (BCU) | $-7.50 Million | 0.00% | 0.00x | $9.56 Million |
| Capstone Mining Corp (CS) | $812.06 Million | -17.25% | 0.70x | $7.08 Billion |
| Copper Fox Metals Inc. (CUU) | $39.91 Million | -9.73% | 0.14x | $227.17 Million |
| First Quantum Minerals Ltd (FM) | $10.78 Billion | -8.85% | 1.20x | $23.78 Billion |
| Gunnison Copper Corp (GCU) | $-21.90 Million | 0.00% | 0.00x | $124.43 Million |
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. The company was formerly kno… Read more