West High Yield Resources Ltd (WHY) - Net Assets
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 ≈ $6.43 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check WHY tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-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. See West High Yield Resources Ltd (WHY) defensive interval to measure how many days the company can operate on defensive assets alone.
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 |
|---|---|
|
Asian Hotels (East) Limited
NSE:AHLEAST
|
$28.55 Million |
|
Barinthus Biotherapeutics plc
NASDAQ:BRNS
|
$28.55 Million |
|
BPL Limited
NSE:BPL
|
$28.56 Million |
|
Atlas Pearls Ltd
AU:ATP
|
$28.58 Million |
|
Wulff-Yhtiot Oy
HE:WUF1V
|
$28.54 Million |
|
Greenyield Bhd
KLSE:0136
|
$28.53 Million |
|
Evaxion Biotech AS
NASDAQ:EVAX
|
$28.52 Million |
|
Eduspec Holdings Bhd
KLSE:0107
|
$28.51 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in West High Yield Resources Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -4,178,309 to -6,232,082, a change of -2,053,773.
- Net loss of 4,302,113 reduced equity.
- New share issuances of 2,600,763 increased equity.
- Other comprehensive income decreased equity by 1,998,346.
- Other factors increased equity by 1,645,923.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-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$0.34 | x |
| 2005-12-31 | CA$-0.02 | CA$0.34 | x |
| 2006-12-31 | CA$0.11 | CA$0.34 | x |
| 2007-12-31 | CA$0.11 | CA$0.34 | x |
| 2008-12-31 | CA$0.05 | CA$0.34 | x |
| 2009-12-31 | CA$0.04 | CA$0.34 | x |
| 2010-12-31 | CA$0.01 | CA$0.34 | x |
| 2011-12-31 | CA$0.01 | CA$0.34 | x |
| 2012-12-31 | CA$0.01 | CA$0.34 | x |
| 2013-12-31 | CA$0.01 | CA$0.34 | x |
| 2014-12-31 | CA$0.00 | CA$0.34 | x |
| 2015-12-31 | CA$-0.01 | CA$0.34 | x |
| 2016-12-31 | CA$-0.04 | CA$0.34 | x |
| 2017-12-31 | CA$-0.05 | CA$0.34 | x |
| 2018-12-31 | CA$-0.06 | CA$0.34 | x |
| 2019-12-31 | CA$-0.06 | CA$0.34 | x |
| 2020-12-31 | CA$-0.08 | CA$0.34 | x |
| 2021-12-31 | CA$-0.05 | CA$0.34 | x |
| 2022-12-31 | CA$-0.04 | CA$0.34 | x |
| 2023-12-31 | CA$-0.05 | CA$0.34 | x |
| 2024-12-31 | CA$-0.06 | CA$0.34 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently West High Yield Resources Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-191.80%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-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: $2,278,129
- Average return on equity (ROE) among peers: -49.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| West High Yield Resources Ltd (WHY) | CA$-6.77 Million | 0.00% | N/A | $28.55 Million |
| Aftermath Silver Ltd (AAG) | $-1.02 Million | 0.00% | 0.00x | $195.23 Million |
| Aton Resources Inc (AAN) | $-9.49 Million | 0.00% | 0.00x | $42.41 Million |
| Arbor Metals Corp (ABR) | $153.43K | -30.35% | 0.39x | $8.19 Million |
| Asiabasemetals Inc (ABZ) | $-251.39K | 0.00% | 0.00x | $3.63 Million |
| Adex Mining Inc (ADE) | $-81.43K | 0.00% | 0.00x | $66.13 Million |
| Alphamin Res (AFM) | $159.81K | -280.73% | 0.49x | $1.30 Billion |
| Silver X Mining Corp (AGX) | $18.71 Million | -66.45% | 1.77x | $138.33 Million |
| Amarc Resources Ltd. (AHR) | $7.22 Million | -119.49% | 0.12x | $159.74 Million |
| Almonty Industries Inc (AII) | $21.18 Million | 0.00% | 0.48x | $5.33 Billion |
| Aldebaran Resources Inc (ALDE) | $-13.79 Million | 0.00% | 0.00x | $425.46 Million |
About West High Yield Resources Ltd
West High Yield (W.H.Y.) Resources Ltd. engages in the acquisition, exploration, and development of mineral properties in Canada. The company explores for gold, nickel, silica, and magnesium deposits. Its flagship property is its 100% owned Record Ridge property that includes 29 contiguous mineral claims, eight crown-granted claims, and one privately owned claim covering an area of 8,972 hectares… Read more