GoldArc Resources Limited
GoldArc Resources Limited, together with its subsidiaries, engages in the exploration of gold and rare earth properties in Australia. Its flagship project is the Mt Stirling project, which covers an area of 222 square kilometers located in Leonora, Western Australia. The company was formerly known as Asra Minerals Limited and changed its name to GoldArc Resources Limited in September 2025. The co… Read more
GoldArc Resources Limited (GA8) - Net Assets
Latest net assets as of June 2025: AU$18.82 Million AUD
Based on the latest financial reports, GoldArc Resources Limited (GA8) has net assets worth AU$18.82 Million AUD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$19.45 Million) and total liabilities (AU$631.68K). 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 | AU$18.82 Million |
| % of Total Assets | 96.75% |
| Annual Growth Rate | 1.25% |
| 5-Year Change | -32.68% |
| 10-Year Change | 82.35% |
| Growth Volatility | 164.58 |
GoldArc Resources Limited - Net Assets Trend (1989–2024)
This chart illustrates how GoldArc Resources Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for GoldArc Resources Limited (1989–2024)
The table below shows the annual net assets of GoldArc Resources Limited from 1989 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | AU$15.00 Million | +0.53% |
| 2023-12-31 | AU$14.92 Million | -54.28% |
| 2022-12-31 | AU$32.64 Million | +10.59% |
| 2021-12-31 | AU$29.52 Million | +32.45% |
| 2020-12-31 | AU$22.29 Million | +20.23% |
| 2019-12-31 | AU$18.54 Million | -3.38% |
| 2018-12-31 | AU$19.18 Million | +1.94% |
| 2017-12-31 | AU$18.82 Million | +76.21% |
| 2016-12-31 | AU$10.68 Million | +29.81% |
| 2015-12-31 | AU$8.23 Million | +1311.11% |
| 2014-12-31 | AU$-679.30K | -10.96% |
| 2013-12-31 | AU$-612.19K | -106.21% |
| 2012-12-31 | AU$9.86 Million | -14.27% |
| 2011-12-31 | AU$11.50 Million | -5.20% |
| 2010-12-31 | AU$12.13 Million | +2.75% |
| 2009-12-31 | AU$11.80 Million | -10.25% |
| 2008-12-31 | AU$13.15 Million | -0.59% |
| 2007-12-31 | AU$13.23 Million | +12.22% |
| 2006-12-31 | AU$11.79 Million | -4.41% |
| 2005-12-31 | AU$12.33 Million | +1.12% |
| 2004-12-31 | AU$12.20 Million | +26.37% |
| 2003-12-31 | AU$9.65 Million | -12.84% |
| 2002-12-31 | AU$11.07 Million | -11.71% |
| 2001-12-31 | AU$12.54 Million | +10.07% |
| 2000-12-31 | AU$11.39 Million | +13.39% |
| 1999-12-31 | AU$10.05 Million | +48.31% |
| 1998-12-31 | AU$6.78 Million | +9.38% |
| 1997-12-31 | AU$6.19 Million | +22.41% |
| 1996-12-31 | AU$5.06 Million | +27.60% |
| 1995-12-31 | AU$3.97 Million | +935.51% |
| 1994-12-31 | AU$383.00K | -51.58% |
| 1993-12-31 | AU$791.00K | +82.26% |
| 1992-12-31 | AU$434.00K | -94.70% |
| 1991-12-31 | AU$8.19 Million | -33.45% |
| 1990-12-31 | AU$12.31 Million | +26.62% |
| 1989-12-31 | AU$9.72 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to GoldArc Resources Limited'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 8429632900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$110.02 Million | 733.39% |
| Other Comprehensive Income | AU$1.04 Million | 6.90% |
| Total Equity | AU$15.00 Million | 100.00% |
GoldArc Resources Limited Competitors by Market Cap
The table below lists competitors of GoldArc Resources Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dunedin Income Growth Investment Trust PLC
LSE:DIG
|
$356.00 |
|
Madison Sports & Entertainment Inc
PINK:MSET
|
$356.94 |
|
CIC INSURANCE GROUP LTD
XNAI:CIC
|
$357.10 |
|
SSI Group Inc
PSE:SSI
|
$357.47 |
|
SAMBA FOODS LIMITED
GSE:SAMBA
|
$354.78 |
|
Arab Co. for Asset Management And Development
EGX:ACAMD
|
$354.45 |
|
Rosebank Industries PLC
LSE:ROSE
|
$353.99 |
|
Proton Power Systems PLC
LSE:PPS
|
$353.83 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in GoldArc Resources Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 14,923,448 to 15,001,969, a change of 78,521 (0.5%).
- Net loss of 3,585,000 reduced equity.
- Share repurchases of 2,432,230 reduced equity.
- Other comprehensive income decreased equity by 280,673.
- Other factors increased equity by 6,376,424.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-3.58 Million | -23.9% |
| Share Repurchases | AU$2.43 Million | -16.21% |
| Other Comprehensive Income | AU$-280.67K | -1.87% |
| Other Changes | AU$6.38 Million | +42.5% |
| Total Change | AU$- | 0.53% |
Book Value vs Market Value Analysis
This analysis compares GoldArc Resources Limited'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: 7.80x
- 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 0.00x to 7.80x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1989-12-31 | AU$29.23 | AU$0.06 | x |
| 1990-12-31 | AU$37.01 | AU$0.06 | x |
| 1991-12-31 | AU$24.63 | AU$0.06 | x |
| 1992-12-31 | AU$1.30 | AU$0.06 | x |
| 1993-12-31 | AU$2.80 | AU$0.06 | x |
| 1994-12-31 | AU$1.15 | AU$0.06 | x |
| 1995-12-31 | AU$11.88 | AU$0.06 | x |
| 1996-12-31 | AU$9.93 | AU$0.06 | x |
| 1997-12-31 | AU$11.53 | AU$0.06 | x |
| 1998-12-31 | AU$10.40 | AU$0.06 | x |
| 1999-12-31 | AU$13.13 | AU$0.06 | x |
| 2000-12-31 | AU$10.27 | AU$0.06 | x |
| 2001-12-31 | AU$10.47 | AU$0.06 | x |
| 2002-12-31 | AU$7.78 | AU$0.06 | x |
| 2003-12-31 | AU$6.21 | AU$0.06 | x |
| 2004-12-31 | AU$7.35 | AU$0.06 | x |
| 2005-12-31 | AU$6.89 | AU$0.06 | x |
| 2006-12-31 | AU$6.18 | AU$0.06 | x |
| 2007-12-31 | AU$6.49 | AU$0.06 | x |
| 2008-12-31 | AU$6.14 | AU$0.06 | x |
| 2009-12-31 | AU$5.27 | AU$0.06 | x |
| 2010-12-31 | AU$3.36 | AU$0.06 | x |
| 2011-12-31 | AU$2.84 | AU$0.06 | x |
| 2012-12-31 | AU$1.70 | AU$0.06 | x |
| 2013-12-31 | AU$-0.09 | AU$0.06 | x |
| 2014-12-31 | AU$-0.05 | AU$0.06 | x |
| 2015-12-31 | AU$0.15 | AU$0.06 | x |
| 2016-12-31 | AU$0.12 | AU$0.06 | x |
| 2017-12-31 | AU$0.12 | AU$0.06 | x |
| 2018-12-31 | AU$0.09 | AU$0.06 | x |
| 2019-12-31 | AU$0.07 | AU$0.06 | x |
| 2020-12-31 | AU$0.04 | AU$0.06 | x |
| 2021-12-31 | AU$0.03 | AU$0.06 | x |
| 2022-12-31 | AU$0.03 | AU$0.06 | x |
| 2023-12-31 | AU$0.01 | AU$0.06 | x |
| 2024-12-31 | AU$0.01 | AU$0.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently GoldArc Resources Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -23.90%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -17706.33%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.20x
- Recent ROE (-23.90%) is above the historical average (-67.24%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1989 | -10.93% | 0.00% | 0.00x | 1.09x | AU$-2.04 Million |
| 1990 | -16.64% | 0.00% | 0.00x | 1.08x | AU$-3.28 Million |
| 1991 | -50.28% | 0.00% | 0.00x | 1.10x | AU$-4.94 Million |
| 1992 | -1787.56% | 0.00% | 0.00x | 2.26x | AU$-7.80 Million |
| 1993 | -47.03% | 0.00% | 0.00x | 1.72x | AU$-451.10K |
| 1994 | -106.53% | 0.00% | 0.00x | 1.89x | AU$-446.30K |
| 1995 | 89.33% | 0.00% | 0.00x | 1.05x | AU$3.15 Million |
| 1996 | -7.84% | 0.00% | 0.00x | 1.11x | AU$-903.07K |
| 1997 | -5.41% | 0.00% | 0.00x | 1.04x | AU$-954.46K |
| 1998 | -7.04% | 0.00% | 0.00x | 1.04x | AU$-1.15 Million |
| 1999 | -1.14% | 0.00% | 0.00x | 1.04x | AU$-1.12 Million |
| 2000 | -4.19% | 0.00% | 0.00x | 1.03x | AU$-1.62 Million |
| 2001 | -4.67% | -163.36% | 0.03x | 1.03x | AU$-1.84 Million |
| 2002 | -22.56% | -1422.74% | 0.02x | 1.02x | AU$-3.61 Million |
| 2003 | -23.15% | -444.69% | 0.05x | 1.11x | AU$-3.20 Million |
| 2004 | -7.76% | -233.85% | 0.03x | 1.02x | AU$-2.17 Million |
| 2005 | -11.42% | -162.58% | 0.07x | 1.03x | AU$-2.64 Million |
| 2006 | -16.42% | -217.23% | 0.07x | 1.08x | AU$-3.11 Million |
| 2007 | -10.29% | -487.00% | 0.02x | 1.05x | AU$-2.68 Million |
| 2008 | -8.77% | -1525.37% | 0.01x | 1.05x | AU$-2.47 Million |
| 2009 | -25.67% | -17477.07% | 0.00x | 1.05x | AU$-4.21 Million |
| 2010 | -7.16% | -12753.45% | 0.00x | 1.02x | AU$-2.08 Million |
| 2011 | -39.05% | -81399.56% | 0.00x | 1.06x | AU$-5.64 Million |
| 2012 | -27.61% | -332738.02% | 0.00x | 1.11x | AU$-3.71 Million |
| 2013 | 0.00% | -2115481.80% | 0.00x | 0.00x | AU$-10.52 Million |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | AU$-515.07K |
| 2015 | -16.74% | -3271.42% | 0.00x | 1.15x | AU$-2.20 Million |
| 2016 | -16.41% | 0.00% | 0.00x | 1.10x | AU$-2.82 Million |
| 2017 | -7.64% | -7192.11% | 0.00x | 1.03x | AU$-3.32 Million |
| 2018 | -8.01% | 0.00% | 0.00x | 1.02x | AU$-3.45 Million |
| 2019 | -10.98% | 0.00% | 0.00x | 1.04x | AU$-3.89 Million |
| 2020 | -9.29% | -4140.71% | 0.00x | 1.07x | AU$-4.30 Million |
| 2021 | -11.10% | -1742.16% | 0.01x | 1.11x | AU$-6.23 Million |
| 2022 | -13.99% | -1658.21% | 0.01x | 1.11x | AU$-7.83 Million |
| 2023 | -142.86% | -23520.59% | 0.00x | 1.22x | AU$-22.81 Million |
| 2024 | -23.90% | -17706.33% | 0.00x | 1.20x | AU$-5.09 Million |
Industry Comparison
This section compares GoldArc Resources Limited's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $23,959,302
- Average return on equity (ROE) among peers: -1270.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| GoldArc Resources Limited (GA8) | AU$18.82 Million | -10.93% | 0.03x | $355.46 |
| Australasian Metals Ltd (A8G) | $5.85 Million | -16.53% | 0.05x | $1.25 Million |
| Ariana Resources Plc (AA2) | $21.37 Million | -1.02% | 0.03x | $43.13 Million |
| Aruma Resources Ltd (AAJ) | $1.10 Million | -25.68% | 0.39x | $2.13 Million |
| Astral Resources NL (AAR) | $4.81K | -12574.39% | 0.18x | $138.29 Million |
| Adelong Gold Ltd (ADG) | $911.18K | -70.31% | 0.11x | $6.07 Million |
| Ardiden Ltd (ADV) | $5.54 Million | -12.67% | 0.11x | $10.37 Million |
| Ark Mines Ltd (AHK) | $-7.71 Million | 0.00% | 0.00x | $8.35 Million |
| Aureka Ltd (AKA) | $28.36 Million | 9.46% | 0.19x | $6.23 Million |
| Alkane Resources Ltd (ALK) | $174.22 Million | -3.54% | 0.15x | $203.33 Million |
| Alchemy Resources Ltd (ALY) | $9.94 Million | -8.10% | 0.02x | $4.22 Million |