West Vault Mining Net Assets
West Vault Mining net assets. Based on the latest financial reports, West Vault Mining (WVM) has net assets worth CA$38.12 Million CAD (≈ $27.58 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$52.44 Million ≈ $37.93 Million USD) and total liabilities (CA$14.32 Million ≈ $10.36 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 net asset growth rate of West Vault Mining to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$38.12 Million |
| % of Total Assets | 72.7% |
| Annual Growth Rate | -0.68% |
| 5-Year Change | -10.03% |
| 10-Year Change | N/A |
| Growth Volatility | 7.77 |
Net Assets of West Vault Mining (2016–2025)
Net assets of West Vault Mining from 2016 to 2025. This chart illustrates how West Vault Mining's net assets have evolved over time, based on quarterly financial data. See West Vault Mining balance sheet quality to measure how much of total assets are equity-financed.
Annual Net Assets for West Vault Mining (2016–2025)
The table below shows the annual net assets of West Vault Mining from 2016 to 2025. For live market cap and overall valuation, see WVM company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CA$38.12 Million ≈ $27.58 Million |
-9.97% |
| 2024-12-31 | CA$42.34 Million ≈ $30.63 Million |
+4.19% |
| 2023-12-31 | CA$40.64 Million ≈ $29.40 Million |
-6.59% |
| 2022-12-31 | CA$43.51 Million ≈ $31.47 Million |
+2.68% |
| 2021-12-31 | CA$42.37 Million ≈ $30.65 Million |
-4.77% |
| 2020-12-31 | CA$44.50 Million ≈ $32.19 Million |
+4.87% |
| 2019-12-31 | CA$42.43 Million ≈ $30.69 Million |
-7.28% |
| 2018-12-31 | CA$45.76 Million ≈ $33.10 Million |
+16.38% |
| 2017-12-31 | CA$39.32 Million ≈ $28.44 Million |
-3.01% |
| 2016-12-31 | CA$40.54 Million ≈ $29.33 Million |
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Equity Component Analysis
This analysis shows how different components contribute to West Vault Mining'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 2191324800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
West Vault Mining Net Assets Breakdown (December 2025)
West Vault Mining net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$83.95 Million | 220.20% |
| Total Equity | CA$38.12 Million | 100.00% |
West Vault Mining Competitors by Market Cap
The table below lists competitors of West Vault Mining ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
N. B. I. Industrial Finance Company Limited
NSE:NBIFIN
|
$57.09 Million |
|
Kamux Suomi Oy
HE:KAMUX
|
$57.09 Million |
|
Keum Kang Steel Co. Ltd
KQ:053260
|
$57.09 Million |
|
Permianville Royalty Trust
NYSE:PVL
|
$57.09 Million |
|
Nordisk Bergteknik AB Series B
ST:NORB-B
|
$57.04 Million |
|
Hindustan Composites Limited
NSE:HINDCOMPOS
|
$57.04 Million |
|
Petra Diamonds Ltd
LSE:PDL
|
$57.02 Million |
|
Ginar Technology Co Ltd
TWO:6151
|
$57.01 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in West Vault Mining's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 42,344,873 to 38,123,179, a change of -4,221,694 (-10.0%).
- Net loss of 2,256,733 reduced equity.
- Other factors decreased equity by 1,964,961.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-2.26 Million | -5.92% |
| Other Changes | CA$-1.96 Million | -5.15% |
| Total Change | CA$- | -9.97% |
Book Value vs Market Value Analysis
This analysis compares West Vault Mining'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: 2.07x
- 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 1.21x to 2.07x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CA$1.12 | CA$1.36 | x |
| 2018-12-31 | CA$1.10 | CA$1.36 | x |
| 2019-12-31 | CA$1.01 | CA$1.36 | x |
| 2020-12-31 | CA$0.77 | CA$1.36 | x |
| 2021-12-31 | CA$0.73 | CA$1.36 | x |
| 2022-12-31 | CA$0.75 | CA$1.36 | x |
| 2023-12-31 | CA$0.70 | CA$1.36 | x |
| 2024-12-31 | CA$0.73 | CA$1.36 | x |
| 2025-12-31 | CA$0.66 | CA$1.36 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently West Vault Mining utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -5.92%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.38x
- Recent ROE (-5.92%) is below the historical average (-4.06%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -2.71% | 0.00% | 0.00x | 1.01x | CA$-5.15 Million |
| 2017 | -2.66% | 0.00% | 0.00x | 1.02x | CA$-4.90 Million |
| 2018 | -1.72% | 0.00% | 0.00x | 1.03x | CA$-5.25 Million |
| 2019 | -3.60% | 0.00% | 0.00x | 1.03x | CA$-5.62 Million |
| 2020 | -5.12% | 0.00% | 0.00x | 1.01x | CA$-6.73 Million |
| 2021 | -4.45% | 0.00% | 0.00x | 1.20x | CA$-6.12 Million |
| 2022 | -4.19% | 0.00% | 0.00x | 1.24x | CA$-6.17 Million |
| 2023 | -4.14% | 0.00% | 0.00x | 1.27x | CA$-5.75 Million |
| 2024 | -6.08% | 0.00% | 0.00x | 1.31x | CA$-6.81 Million |
| 2025 | -5.92% | 0.00% | 0.00x | 1.38x | CA$-6.07 Million |
Industry Comparison
This section compares West Vault Mining's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $677,650,424
- Average return on equity (ROE) among peers: -20.45%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| West Vault Mining (WVM) | CA$38.12 Million | -2.71% | 0.38x | $57.06 Million |
| Allied Gold Corporation (AAUC) | $111.36 Million | -6.66% | 4.92x | $2.40 Billion |
| Abcourt Mines Inc. (ABI) | $-3.13 Million | 0.00% | 0.00x | $47.48 Million |
| Barrick Gold Corp (ABX) | $3.85 Billion | 10.41% | 0.78x | $61.83 Billion |
| American Eagle Gold Corp (AE) | $830.83K | -165.75% | 0.05x | $133.41 Million |
| Agnico Eagle Mines Limited (AEM) | $110.01 Million | 9.00% | 1.33x | $85.78 Billion |
| Alamos Gold Inc (AGI) | $2.70 Billion | 3.57% | 0.26x | $11.51 Billion |
| AIS Resources Ltd (AIS) | $2.27 Million | 1.48% | 0.03x | $2.02 Million |
| Alliance Mining Corp (ALM) | $-2.44 Million | 0.00% | 0.00x | $2.09 Million |
| Altamira Gold Corp (ALTA) | $2.59 Million | -43.05% | 0.10x | $38.63 Million |
| Almaden Minerals Ltd (AMM) | $9.85 Million | -13.46% | 0.05x | $24.82 Million |
About West Vault Mining
West Vault Mining Inc. acquires, explores, and develops gold projects in the United States. Its flagship property is the Hasbrouck property located in Nevada. The company was formerly known as West Kirkland Mining Inc. and changed its name to West Vault Mining Inc. in July 2020. West Vault Mining Inc. is based in Vancouver, Canada.