SITKA GOLD CORP (1RF) - Net Assets
Based on the latest financial reports, SITKA GOLD CORP (1RF) has net assets worth €64.32 Million EUR as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€70.38 Million) and total liabilities (€6.06 Million). 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 | €64.32 Million |
| % of Total Assets | 91.39% |
| Annual Growth Rate | 53.35% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 10.11 |
SITKA GOLD CORP - Net Assets Trend (2021–2024)
This chart illustrates how SITKA GOLD 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 SITKA GOLD CORP (2021–2024)
The table below shows the annual net assets of SITKA GOLD CORP from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €43.88 Million | +67.99% |
| 2023-12-31 | €26.12 Million | +46.21% |
| 2022-12-31 | €17.87 Million | +46.87% |
| 2021-12-31 | €12.16 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to SITKA GOLD 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 671166600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €55.15 Million | 125.67% |
| Total Equity | €43.88 Million | 100.00% |
SITKA GOLD CORP Competitors by Market Cap
The table below lists competitors of SITKA GOLD CORP ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Companhia Energética de Brasília - CEB
SA:CEBR3
|
$236.82 Million |
|
Asure Software Inc
NASDAQ:ASUR
|
$236.83 Million |
|
Spok Holdings Inc
NASDAQ:SPOK
|
$236.88 Million |
|
Super Energy Tbk PT
JK:SURE
|
$236.93 Million |
|
Dadelo S.A.
WAR:DAD
|
$236.78 Million |
|
HARIM Co. Ltd
KQ:136480
|
$236.75 Million |
|
Taigen Biopharmaceuticals Holdings Ltd
TWO:4157
|
$236.60 Million |
|
CRICUT INC. CL.A DL-001
F:398
|
$236.59 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SITKA GOLD CORP's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 26,120,961 to 43,880,175, a change of 17,759,214 (68.0%).
- Net loss of 3,417,435 reduced equity.
- New share issuances of 16,527,477 increased equity.
- Other factors increased equity by 4,649,172.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-3.42 Million | -7.79% |
| Share Issuances | €16.53 Million | +37.67% |
| Other Changes | €4.65 Million | +10.6% |
| Total Change | €- | 67.99% |
Book Value vs Market Value Analysis
This analysis compares SITKA GOLD 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: 4.47x
- 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 decreased from 6.09x to 4.47x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | €0.10 | €0.58 | x |
| 2022-12-31 | €0.10 | €0.58 | x |
| 2023-12-31 | €0.11 | €0.58 | x |
| 2024-12-31 | €0.13 | €0.58 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SITKA GOLD 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): -7.79%
- 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: 1.14x
- Recent ROE (-7.79%) is above the historical average (-8.51%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -10.54% | 0.00% | 0.00x | 1.10x | €-2.50 Million |
| 2022 | -9.87% | 0.00% | 0.00x | 1.17x | €-3.55 Million |
| 2023 | -5.86% | 0.00% | 0.00x | 1.18x | €-4.14 Million |
| 2024 | -7.79% | 0.00% | 0.00x | 1.14x | €-7.81 Million |
Industry Comparison
This section compares SITKA GOLD CORP's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $41,569,172
- Average return on equity (ROE) among peers: -43.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SITKA GOLD CORP (1RF) | €64.32 Million | -10.54% | 0.09x | $236.82 Million |
| Pearl Gold AG (02P) | $198.54 Million | -1.69% | 0.00x | $16.66 Million |
| AMIGO HLDGS PLC. LS-0025 (0VG) | $47.90 Million | 354.09% | 4.95x | $28.02 Million |
| Asante Gold Corporation (1A9) | $2.19 Million | -22.93% | 1.52x | $750.30 Million |
| American Pacific Mining Corp (1QC1) | $3.14 Million | 0.00% | 0.20x | $19.08 Million |
| Rio2 Limited (1SB) | $123.08 Million | -11.08% | 2.81x | $905.31 Million |
| GREENHAWK RESOURCES INC. (2V70) | $-338.95K | 0.00% | 0.00x | $453.49K |
| THETA GOLD MNS LTD (3LM) | $-2.12 Million | 0.00% | 0.00x | $149.39 Million |
| McLaren Resources Inc (3ML) | $165.58K | -580.55% | 1.83x | $2.76 Million |
| RIO GRANDE RESOURCES LTD. (488) | $1.57 Million | -130.13% | 0.95x | $6.72 Million |
About SITKA GOLD CORP
Sitka Gold Corp. engages in the exploration of mineral resource properties in Canada and the United States. The company explores for gold, silver, zinc, and copper deposits. It holds 100% interest in the RC Gold property that comprising 2,169 claims covering an area of approximately 37,600 hectares located in Yukon's Tombstone Gold Belt; and the Alpha Gold property comprising 239 contiguous claim… Read more