Wealth Minerals Ltd. Net Assets
Wealth Minerals Ltd. net assets. Based on the latest financial reports, Wealth Minerals Ltd. (WML) has net assets worth CA$2.08 Million CAD (≈ $1.50 Million USD) as of May 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$4.02 Million ≈ $2.91 Million USD) and total liabilities (CA$1.94 Million ≈ $1.41 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. Also explore WML year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$2.08 Million |
| % of Total Assets | 51.68% |
| Annual Growth Rate | 22.07% |
| 5-Year Change | -96.06% |
| 10-Year Change | -83.58% |
| Growth Volatility | 840.03 |
Net Assets of Wealth Minerals Ltd. (2001–2025)
Net assets of Wealth Minerals Ltd. from 2001 to 2025. This chart illustrates how Wealth Minerals Ltd.'s net assets have evolved over time, based on quarterly financial data. See how leveraged is Wealth Minerals Ltd.'s balance sheet to measure how much of total assets are equity-financed.
Annual Net Assets for Wealth Minerals Ltd. (2001–2025)
The table below shows the annual net assets of Wealth Minerals Ltd. from 2001 to 2025. For live market cap and overall valuation, see market cap of Wealth Minerals Ltd..
| Year | Net Assets | Change |
|---|---|---|
| 2025-11-30 | CA$1.72 Million ≈ $1.24 Million |
-70.17% |
| 2024-11-30 | CA$5.76 Million ≈ $4.16 Million |
-89.43% |
| 2023-11-30 | CA$54.47 Million ≈ $39.40 Million |
+2.09% |
| 2022-11-30 | CA$53.36 Million ≈ $38.60 Million |
+22.48% |
| 2021-11-30 | CA$43.56 Million ≈ $31.51 Million |
+33.64% |
| 2020-11-30 | CA$32.60 Million ≈ $23.58 Million |
-11.45% |
| 2019-11-30 | CA$36.82 Million ≈ $26.63 Million |
-10.42% |
| 2018-11-30 | CA$41.10 Million ≈ $29.73 Million |
+15.62% |
| 2017-11-30 | CA$35.55 Million ≈ $25.71 Million |
+239.96% |
| 2016-11-30 | CA$10.46 Million ≈ $7.56 Million |
+820.00% |
| 2015-11-30 | CA$-1.45 Million ≈ $-1.05 Million |
+32.10% |
| 2014-11-30 | CA$-2.14 Million ≈ $-1.55 Million |
+18.52% |
| 2013-11-30 | CA$-2.63 Million ≈ $-1.90 Million |
-3.04% |
| 2012-11-30 | CA$-2.55 Million ≈ $-1.84 Million |
-134.73% |
| 2011-11-30 | CA$7.33 Million ≈ $5.31 Million |
-25.84% |
| 2010-11-30 | CA$9.89 Million ≈ $7.15 Million |
-2.13% |
| 2009-11-30 | CA$10.11 Million ≈ $7.31 Million |
-20.73% |
| 2008-11-30 | CA$12.75 Million ≈ $9.22 Million |
-28.27% |
| 2007-11-30 | CA$17.77 Million ≈ $12.86 Million |
+71.44% |
| 2006-11-30 | CA$10.37 Million ≈ $7.50 Million |
+415.56% |
| 2005-11-30 | CA$2.01 Million ≈ $1.45 Million |
-31.71% |
| 2004-11-30 | CA$2.94 Million ≈ $2.13 Million |
+3748.95% |
| 2003-11-30 | CA$76.51K ≈ $55.34K |
-53.41% |
| 2002-11-30 | CA$164.21K ≈ $118.78K |
+1045.50% |
| 2001-11-30 | CA$14.34K ≈ $10.37K |
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Equity Component Analysis
This analysis shows how different components contribute to Wealth Minerals 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 20243030800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Wealth Minerals Ltd. Net Assets Breakdown (November 2025)
Wealth Minerals Ltd. net assets breakdown by equity component as of November 2025.
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$208.49 Million | 12140.15% |
| Total Equity | CA$1.72 Million | 100.00% |
Wealth Minerals Ltd. Competitors by Market Cap
The table below lists competitors of Wealth Minerals Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Trendline
TA:TREN
|
$19.35 Million |
|
Mgenplus Co. Ltd.
KQ:032790
|
$19.35 Million |
|
Pudjiadi & Sons Tbk
JK:PNSE
|
$19.35 Million |
|
Unique Mining Services Public Company Limited
BK:UMS
|
$19.36 Million |
|
Lyckegard Group AB
ST:LYGRD
|
$19.34 Million |
|
Airan Limited
NSE:AIRAN
|
$19.32 Million |
|
CANADIAN NORTH RESOURCES
F:EO0
|
$19.32 Million |
|
The Beachbody Company, Inc.
NASDAQ:BODI
|
$19.32 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wealth Minerals Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 5,756,535 to 1,717,346, a change of -4,039,189 (-70.2%).
- Net loss of 5,980,854 reduced equity.
- New share issuances of 1,022,863 increased equity.
- Other factors increased equity by 918,802.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-5.98 Million | -348.26% |
| Share Issuances | CA$1.02 Million | +59.56% |
| Other Changes | CA$918.80K | +53.5% |
| Total Change | CA$- | -70.17% |
Book Value vs Market Value Analysis
This analysis compares Wealth Minerals 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: 14.77x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 0.85x to 14.77x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-11-30 | CA$0.08 | CA$0.07 | x |
| 2002-11-30 | CA$0.46 | CA$0.07 | x |
| 2003-11-30 | CA$0.16 | CA$0.07 | x |
| 2004-11-30 | CA$1.75 | CA$0.07 | x |
| 2005-11-30 | CA$0.69 | CA$0.07 | x |
| 2006-11-30 | CA$2.42 | CA$0.07 | x |
| 2007-11-30 | CA$2.93 | CA$0.07 | x |
| 2008-11-30 | CA$1.89 | CA$0.07 | x |
| 2009-11-30 | CA$1.29 | CA$0.07 | x |
| 2010-11-30 | CA$1.02 | CA$0.07 | x |
| 2011-11-30 | CA$0.59 | CA$0.07 | x |
| 2012-11-30 | CA$-0.18 | CA$0.07 | x |
| 2013-11-30 | CA$-0.17 | CA$0.07 | x |
| 2014-11-30 | CA$-0.14 | CA$0.07 | x |
| 2015-11-30 | CA$-0.05 | CA$0.07 | x |
| 2016-11-30 | CA$0.19 | CA$0.07 | x |
| 2017-11-30 | CA$0.42 | CA$0.07 | x |
| 2018-11-30 | CA$0.36 | CA$0.07 | x |
| 2019-11-30 | CA$0.27 | CA$0.07 | x |
| 2020-11-30 | CA$0.21 | CA$0.07 | x |
| 2021-11-30 | CA$0.21 | CA$0.07 | x |
| 2022-11-30 | CA$0.20 | CA$0.07 | x |
| 2023-11-30 | CA$0.17 | CA$0.07 | x |
| 2024-11-30 | CA$0.02 | CA$0.07 | x |
| 2025-11-30 | CA$0.00 | CA$0.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wealth Minerals Ltd. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -348.26%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 2.08x
- Recent ROE (-348.26%) is below the historical average (-176.64%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | -1854.89% | 0.00% | 0.00x | 8.30x | CA$-267.33K |
| 2002 | -191.88% | 0.00% | 0.00x | 1.13x | CA$-331.51K |
| 2003 | -344.02% | 0.00% | 0.00x | 1.53x | CA$-270.85K |
| 2004 | -55.36% | 0.00% | 0.00x | 1.03x | CA$-1.92 Million |
| 2005 | -157.94% | 0.00% | 0.00x | 1.12x | CA$-3.38 Million |
| 2006 | -18.63% | 0.00% | 0.00x | 1.04x | CA$-2.97 Million |
| 2007 | -43.07% | 0.00% | 0.00x | 1.04x | CA$-9.43 Million |
| 2008 | -51.55% | 0.00% | 0.00x | 1.02x | CA$-7.85 Million |
| 2009 | -57.75% | 0.00% | 0.00x | 1.04x | CA$-6.85 Million |
| 2010 | -45.87% | 0.00% | 0.00x | 1.07x | CA$-5.53 Million |
| 2011 | -67.07% | 0.00% | 0.00x | 1.30x | CA$-5.65 Million |
| 2012 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-3.79 Million |
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-227.98K |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-599.85K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-1.09 Million |
| 2016 | -72.51% | 0.00% | 0.00x | 1.14x | CA$-8.63 Million |
| 2017 | -35.82% | 0.00% | 0.00x | 1.02x | CA$-16.29 Million |
| 2018 | -70.29% | 0.00% | 0.00x | 1.01x | CA$-33.00 Million |
| 2019 | -50.74% | 0.00% | 0.00x | 1.20x | CA$-21.42 Million |
| 2020 | -17.18% | 0.00% | 0.00x | 1.15x | CA$-8.86 Million |
| 2021 | -18.83% | 0.00% | 0.00x | 1.18x | CA$-12.56 Million |
| 2022 | 11.89% | 0.00% | 0.00x | 1.04x | CA$1.01 Million |
| 2023 | -19.14% | 0.00% | 0.00x | 1.02x | CA$-15.87 Million |
| 2024 | -907.15% | 0.00% | 0.00x | 1.08x | CA$-52.80 Million |
| 2025 | -348.26% | 0.00% | 0.00x | 2.08x | CA$-6.15 Million |
Industry Comparison
This section compares Wealth Minerals 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: $20,486,864
- Average return on equity (ROE) among peers: -11.12%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wealth Minerals Ltd. (WML) | CA$2.08 Million | -1854.89% | 0.94x | $19.34 Million |
| Aftermath Silver Ltd (AAG) | $-553.76K | 0.00% | 0.00x | $113.94 Million |
| Aton Resources Inc (AAN) | $-9.99 Million | 0.00% | 0.00x | $31.35 Million |
| Arbor Metals Corp (ABR) | $-81.69K | 0.00% | 0.00x | $4.10 Million |
| Asiabasemetals Inc (ABZ) | $-30.55K | 0.00% | 0.00x | $1.82 Million |
| Adex Mining Inc (ADE) | $-5.15 Million | 0.00% | 0.00x | $61.24 Million |
| Alphamin Res (AFM) | $174.59 Million | 2.85% | 0.82x | $1.16 Billion |
| Silver X Mining Corp (AGX) | $6.99 Million | -54.56% | 0.04x | $128.73 Million |
| Amarc Resources Ltd. (AHR) | $5.20 Million | -41.43% | 0.02x | $165.20 Million |
| Almonty Industries Inc (AII) | $45.62 Million | -18.06% | 2.51x | $3.18 Billion |
| Aldebaran Resources Inc (ALDE) | $-11.72 Million | 0.00% | 0.00x | $470.67 Million |
About Wealth Minerals Ltd.
Wealth Minerals Ltd., together with its subsidiaries, engages in the acquisition, exploration, evaluation, and development of mineral properties in Canada, Chile, Peru, and Mexico. It explores for lithium, nickel, cobalt, copper, gold, rare-earth elements, and precious metals deposits. The company was incorporated in 1994 and is headquartered in Vancouver, Canada.