Walker River Resources Corp. (WRR) - Net Assets
Based on the latest financial reports, Walker River Resources Corp. (WRR) has net assets worth CA$8.66 Million CAD as of May 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$9.11 Million) and total liabilities (CA$443.96K). 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$8.66 Million |
| % of Total Assets | 95.13% |
| Annual Growth Rate | 39.01% |
| 5-Year Change | -0.23% |
| 10-Year Change | 4928.08% |
| Growth Volatility | 865.52 |
Walker River Resources Corp. - Net Assets Trend (2011–2024)
This chart illustrates how Walker River Resources Corp.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Walker River Resources Corp. (2011–2024)
The table below shows the annual net assets of Walker River Resources Corp. from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-11-30 | CA$8.84 Million | +4.41% |
| 2023-11-30 | CA$8.46 Million | +0.61% |
| 2022-11-30 | CA$8.41 Million | -2.53% |
| 2021-11-30 | CA$8.63 Million | -2.57% |
| 2020-11-30 | CA$8.86 Million | +57.39% |
| 2019-11-30 | CA$5.63 Million | +45.67% |
| 2018-11-30 | CA$3.86 Million | +2.22% |
| 2017-11-30 | CA$3.78 Million | +3255.87% |
| 2016-11-30 | CA$112.61K | -35.92% |
| 2015-11-30 | CA$175.73K | -40.98% |
| 2014-11-30 | CA$297.76K | -50.91% |
| 2013-11-30 | CA$606.53K | +12.43% |
| 2012-11-30 | CA$539.46K | +342.32% |
| 2011-11-30 | CA$121.96K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Walker River Resources Corp.'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 1159131900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (November 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$20.65 Million | 233.69% |
| Total Equity | CA$8.84 Million | 100.00% |
Walker River Resources Corp. Competitors by Market Cap
The table below lists competitors of Walker River Resources Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AJ Lucas Group Ltd
AU:AJL
|
$11.68 Million |
|
TOMI Environmental Solutions Inc
NASDAQ:TOMZ
|
$11.68 Million |
|
Lien Hoe Corporation Bhd
KLSE:3573
|
$11.68 Million |
|
VCI Global Limited Ordinary Share
NASDAQ:VCIG
|
$11.69 Million |
|
SemiLEDS Corporation
NASDAQ:LEDS
|
$11.68 Million |
|
Highway 50 Gold Corp
V:HWY
|
$11.67 Million |
|
SOFTOX SOLUTIONS NK 002
F:6FV
|
$11.67 Million |
|
Topvision Eye Specialist Berhad
KLSE:0332
|
$11.67 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Walker River Resources Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 8,462,299 to 8,835,803, a change of 373,504 (4.4%).
- Net loss of 702,891 reduced equity.
- New share issuances of 925,895 increased equity.
- Other comprehensive income decreased equity by 2,980,992.
- Other factors increased equity by 3,131,492.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-702.89K | -7.96% |
| Share Issuances | CA$925.89K | +10.48% |
| Other Comprehensive Income | CA$-2.98 Million | -33.74% |
| Other Changes | CA$3.13 Million | +35.44% |
| Total Change | CA$- | 4.41% |
Book Value vs Market Value Analysis
This analysis compares Walker River Resources Corp.'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: 1.71x
- 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 1.44x to 1.71x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-11-30 | CA$0.21 | CA$0.31 | x |
| 2012-11-30 | CA$0.50 | CA$0.31 | x |
| 2013-11-30 | CA$0.22 | CA$0.31 | x |
| 2014-11-30 | CA$0.06 | CA$0.31 | x |
| 2015-11-30 | CA$0.02 | CA$0.31 | x |
| 2016-11-30 | CA$0.01 | CA$0.31 | x |
| 2017-11-30 | CA$0.28 | CA$0.31 | x |
| 2018-11-30 | CA$0.23 | CA$0.31 | x |
| 2019-11-30 | CA$0.26 | CA$0.31 | x |
| 2020-11-30 | CA$0.33 | CA$0.31 | x |
| 2021-11-30 | CA$0.26 | CA$0.31 | x |
| 2022-11-30 | CA$0.25 | CA$0.31 | x |
| 2023-11-30 | CA$0.22 | CA$0.31 | x |
| 2024-11-30 | CA$0.18 | CA$0.31 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Walker River Resources Corp. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -7.96%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.07x
- Recent ROE (-7.96%) is above the historical average (-130.66%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | -181.24% | 0.00% | 0.00x | 1.16x | CA$-233.24K |
| 2012 | -59.26% | 0.00% | 0.00x | 1.02x | CA$-373.61K |
| 2013 | -207.29% | 0.00% | 0.00x | 1.52x | CA$-1.32 Million |
| 2014 | -148.39% | 0.00% | 0.00x | 3.16x | CA$-471.63K |
| 2015 | -391.42% | 0.00% | 0.00x | 6.36x | CA$-705.41K |
| 2016 | -712.00% | 0.00% | 0.00x | 9.54x | CA$-813.03K |
| 2017 | -36.45% | 0.00% | 0.00x | 1.23x | CA$-1.76 Million |
| 2018 | -13.12% | 0.00% | 0.00x | 1.26x | CA$-893.24K |
| 2019 | -22.85% | 0.00% | 0.00x | 1.20x | CA$-1.85 Million |
| 2020 | -11.37% | 0.00% | 0.00x | 1.12x | CA$-1.89 Million |
| 2021 | -7.22% | 0.00% | 0.00x | 1.07x | CA$-1.49 Million |
| 2022 | -20.86% | 0.00% | 0.00x | 1.06x | CA$-2.60 Million |
| 2023 | -9.76% | 0.00% | 0.00x | 1.07x | CA$-1.67 Million |
| 2024 | -7.96% | 0.00% | 0.00x | 1.07x | CA$-1.59 Million |
Industry Comparison
This section compares Walker River Resources Corp.'s net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $37,435,313
- Average return on equity (ROE) among peers: -27.45%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Walker River Resources Corp. (WRR) | CA$8.66 Million | -181.24% | 0.05x | $11.68 Million |
| Abcourt Mines Inc. (ABI) | $-3.13 Million | 0.00% | 0.00x | $86.06 Million |
| Athabasca Minerals Inc (ABM) | $20.44 Million | -35.77% | 0.45x | $3.68 Million |
| American Eagle Gold Corp (AE) | $3.52 Million | -143.42% | 0.34x | $148.82 Million |
| Aero Energy Limited (AERO) | $14.72 Million | -5.86% | 0.05x | $9.68 Million |
| AIS Resources Ltd (AIS) | $1.78 Million | -62.23% | 0.56x | $1.76 Million |
| Algo Grande Copper Corp. (ALGR) | $3.28 Million | -19.80% | 0.18x | $9.71 Million |
| Alkane Resources Limited (ALK) | $309.37 Million | 5.71% | 0.50x | $985.87 Million |
| Alliance Mining Corp (ALM) | $-656.72K | 0.00% | 0.00x | $1.58 Million |
| Altamira Gold Corp (ALTA) | $21.46 Million | -7.16% | 0.01x | $38.60 Million |
| Argus Metals Corp. (AML) | $3.56 Million | -6.01% | 0.17x | $1.59 Million |
About Walker River Resources Corp.
Walker River Resources Corp., an exploration stage company, engages in the identification, acquisition, exploration, and evaluation of mineral properties in Canada. It holds 100% interests in the Lapon Canyon gold project with 149 claims, which covers an area of approximately 3101acres located in Nevada. The company was formerly known as Rhino Exploration Inc. and changed its name to Walker River… Read more