West High Yield Resources Ltd (WHY) - Net Assets

Latest as of September 2025: CA$-6.77 Million CAD ≈ $-4.89 Million USD

Based on the latest financial reports, West High Yield Resources Ltd (WHY) has net assets worth CA$-6.77 Million CAD (≈ $-4.89 Million 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$2.12 Million ≈ $1.53 Million USD) and total liabilities (CA$8.89 Million ≈ $6.43 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 West High Yield Resources Ltd (WHY) asset resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CA$-6.77 Million
% of Total Assets	-319.28%
Annual Growth Rate	N/A
5-Year Change	N/A
10-Year Change	N/A
Growth Volatility	335.73

West High Yield Resources Ltd - Net Assets Trend (2004–2024)

This chart illustrates how West High Yield Resources Ltd's net assets have evolved over time, based on quarterly financial data. Also explore WHY current and non-current assets for the complete picture of this company's asset base.

Annual Net Assets for West High Yield Resources Ltd (2004–2024)

The table below shows the annual net assets of West High Yield Resources Ltd from 2004 to 2024. For live valuation and market cap data, see West High Yield Resources Ltd stock valuation.

Year	Net Assets	Change
2024-12-31	CA$-6.24 Million ≈ $-4.51 Million	-49.10%
2023-12-31	CA$-4.19 Million ≈ $-3.03 Million	-39.08%
2022-12-31	CA$-3.01 Million ≈ $-2.18 Million	+15.46%
2021-12-31	CA$-3.56 Million ≈ $-2.57 Million	+29.91%
2020-12-31	CA$-5.08 Million ≈ $-3.67 Million	-19.46%
2019-12-31	CA$-4.25 Million ≈ $-3.08 Million	-9.42%
2018-12-31	CA$-3.89 Million ≈ $-2.81 Million	-32.46%
2017-12-31	CA$-2.93 Million ≈ $-2.12 Million	-39.58%
2016-12-31	CA$-2.10 Million ≈ $-1.52 Million	-561.30%
2015-12-31	CA$-317.74K ≈ $-229.85K	-1085.04%
2014-12-31	CA$32.26K ≈ $23.33K	-89.52%
2013-12-31	CA$307.76K ≈ $222.63K	-18.67%
2012-12-31	CA$378.39K ≈ $273.72K	-27.31%
2011-12-31	CA$520.56K ≈ $376.57K	+41.05%
2010-12-31	CA$369.07K ≈ $266.98K	-75.82%
2009-12-31	CA$1.53 Million ≈ $1.10 Million	-28.31%
2008-12-31	CA$2.13 Million ≈ $1.54 Million	-50.33%
2007-12-31	CA$4.29 Million ≈ $3.10 Million	+44.56%
2006-12-31	CA$2.96 Million ≈ $2.14 Million	+953.49%
2005-12-31	CA$-347.35K ≈ $-251.26K	-5.49%
2004-12-31	CA$-329.26K ≈ $-238.18K	--

Equity Component Analysis

This analysis shows how different components contribute to West High Yield Resources 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 4008630100.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Other Components	CA$34.18 Million	%
Total Equity	CA$-6.23 Million	100.00%

West High Yield Resources Ltd Competitors by Market Cap

The table below lists competitors of West High Yield Resources Ltd ranked by their market capitalization.

Company	Market Cap
PODIUM MINERALS F:55D	$27.71 Million
Daemyung Sonoseason Co.Ltd KQ:007720	$27.73 Million
Tigers Realm Coal Ltd AU:TIG	$27.74 Million
Mostostal Warszawa S.A. WAR:MSW	$27.74 Million
ClearSign Combustion Corporation NASDAQ:CLIR	$27.69 Million
Etiler İnci Bufe Gida Sanayi ve Dis Ticaret AS IS:ETILR	$27.68 Million
Arrive AI Inc. NASDAQ:ARAI	$27.68 Million
Izostal SA WAR:IZS	$27.67 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in West High Yield Resources Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from -4,178,309 to -6,232,082, a change of -2,053,773.
Net loss of 4,302,113 reduced equity.
New share issuances of 2,600,763 increased equity.
Other comprehensive income decreased equity by 1,998,346.
Other factors increased equity by 1,645,923.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CA$-4.30 Million	-69.03%
Share Issuances	CA$2.60 Million	+41.73%
Other Comprehensive Income	CA$-2.00 Million	-32.07%
Other Changes	CA$1.65 Million	+26.41%
Total Change	CA$-	%

Book Value vs Market Value Analysis

This analysis compares West High Yield Resources 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

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2004-12-31	CA$-329.26	CA$0.33	x
2005-12-31	CA$-0.02	CA$0.33	x
2006-12-31	CA$0.11	CA$0.33	x
2007-12-31	CA$0.11	CA$0.33	x
2008-12-31	CA$0.05	CA$0.33	x
2009-12-31	CA$0.04	CA$0.33	x
2010-12-31	CA$0.01	CA$0.33	x
2011-12-31	CA$0.01	CA$0.33	x
2012-12-31	CA$0.01	CA$0.33	x
2013-12-31	CA$0.01	CA$0.33	x
2014-12-31	CA$0.00	CA$0.33	x
2015-12-31	CA$-0.01	CA$0.33	x
2016-12-31	CA$-0.04	CA$0.33	x
2017-12-31	CA$-0.05	CA$0.33	x
2018-12-31	CA$-0.06	CA$0.33	x
2019-12-31	CA$-0.06	CA$0.33	x
2020-12-31	CA$-0.08	CA$0.33	x
2021-12-31	CA$-0.05	CA$0.33	x
2022-12-31	CA$-0.04	CA$0.33	x
2023-12-31	CA$-0.05	CA$0.33	x
2024-12-31	CA$-0.06	CA$0.33	x

Capital Efficiency Dashboard

This dashboard shows how efficiently West High Yield Resources 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): 0.00%
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: 0.00x
Recent ROE (0.00%) is above the historical average (-191.80%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2004	0.00%	0.00%	0.00x	0.00x	CA$-231.57K
2005	0.00%	-18638.41%	0.00x	0.00x	CA$-528.15K
2006	-67.01%	-8687.24%	0.01x	1.05x	CA$-2.28 Million
2007	-52.26%	-1881.40%	0.03x	1.03x	CA$-2.67 Million
2008	-104.67%	-3843.02%	0.03x	1.04x	CA$-2.44 Million
2009	-88.46%	-101273.97%	0.00x	1.17x	CA$-1.50 Million
2010	-446.41%	0.00%	0.00x	5.27x	CA$-1.68 Million
2011	-221.81%	0.00%	0.00x	3.97x	CA$-1.21 Million
2012	-295.19%	0.00%	0.00x	5.42x	CA$-1.15 Million
2013	-265.29%	0.00%	0.00x	6.26x	CA$-847.22K
2014	-2486.62%	0.00%	0.00x	52.28x	CA$-805.33K
2015	0.00%	0.00%	0.00x	0.00x	CA$-1.25 Million
2016	0.00%	0.00%	0.00x	0.00x	CA$-2.36 Million
2017	0.00%	0.00%	0.00x	0.00x	CA$-1.66 Million
2018	0.00%	0.00%	0.00x	0.00x	CA$-2.88 Million
2019	0.00%	0.00%	0.00x	0.00x	CA$-1.26 Million
2020	0.00%	0.00%	0.00x	0.00x	CA$-844.70K
2021	0.00%	0.00%	0.00x	0.00x	CA$-2.21 Million
2022	0.00%	0.00%	0.00x	0.00x	CA$-3.51 Million
2023	0.00%	0.00%	0.00x	0.00x	CA$-2.72 Million
2024	0.00%	0.00%	0.00x	0.00x	CA$-3.68 Million

Industry Comparison

This section compares West High Yield Resources Ltd'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: $49,314,810
Average return on equity (ROE) among peers: -11.56%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
West High Yield Resources Ltd (WHY)	CA$-6.77 Million	0.00%	N/A	$27.71 Million
Aftermath Silver Ltd (AAG)	$-553.41K	0.00%	0.00x	$185.75 Million
Aton Resources Inc (AAN)	$-1.13 Million	0.00%	0.00x	$49.79 Million
Arbor Metals Corp (ABR)	$1.00 Million	-16.27%	0.02x	$10.75 Million
Asiabasemetals Inc (ABZ)	$717.72K	-45.73%	0.05x	$4.67 Million
Adex Mining Inc (ADE)	$-30.95 Million	0.00%	0.00x	$27.09 Million
Alphamin Res (AFM)	$367.40 Million	27.47%	0.33x	$1.30 Billion
Silver X Mining Corp (AGX)	$38.37 Million	-47.47%	0.73x	$148.73 Million
Amarc Resources Ltd. (AHR)	$14.00 Million	5.93%	0.01x	$148.33 Million
Almonty Industries Inc (AII)	$39.75 Million	-36.45%	3.85x	$4.73 Billion
Aldebaran Resources Inc (ALDE)	$64.54 Million	-3.09%	0.01x	$332.39 Million

About West High Yield Resources Ltd

V:WHY Canada Other Industrial Metals & Mining

Market Cap

$27.71 Million

CA$38.30 Million CAD

Market Cap Rank

#23966 Global

#904 in Canada

Share Price

CA$0.33

Change (1 day)

-2.94%

52-Week Range

CA$0.29 - CA$0.55

All Time High

CA$2.00