SITKA GOLD CORP Net Assets
SITKA GOLD CORP net assets. Based on the latest financial reports, SITKA GOLD CORP (1RF) has net assets worth €64.32 Million EUR (≈ $75.20 Million USD) 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 ≈ $82.28 Million USD) and total liabilities (€6.06 Million ≈ $7.09 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 1RF net asset momentum to track the company's year-over-year net asset growth rate.
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 |
Net Assets of SITKA GOLD CORP (2021–2024)
Net assets of SITKA GOLD CORP from 2021 to 2024. This chart illustrates how SITKA GOLD CORP's net assets have evolved over time, based on quarterly financial data. See SITKA GOLD CORP balance sheet independence to measure how much of total assets are equity-financed.
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. For live market cap and overall valuation, see SITKA GOLD CORP (1RF) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €43.88 Million ≈ $51.30 Million |
+67.99% |
| 2023-12-31 | €26.12 Million ≈ $30.54 Million |
+46.21% |
| 2022-12-31 | €17.87 Million ≈ $20.89 Million |
+46.87% |
| 2021-12-31 | €12.16 Million ≈ $14.22 Million |
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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.
SITKA GOLD CORP Net Assets Breakdown (December 2024)
SITKA GOLD CORP net assets breakdown by equity component as of 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 |
|---|---|
|
Hyundai Cement
KO:006390
|
$235.90 Million |
|
Motech Industries Co Ltd
TWO:6244
|
$235.95 Million |
|
Horizon Oil Ltd
AU:HZN
|
$236.08 Million |
|
Eurobio Scientific SA
PA:ALERS
|
$236.10 Million |
|
Illumination Acquisition Corp I Class A Ordinary Shares
NASDAQ:ILLU
|
$235.78 Million |
|
GSR V Acquisition Corp. Class A ordinary shares
NASDAQ:GSRV
|
$235.76 Million |
|
UNID Company Ltd
KO:014830
|
$235.75 Million |
|
Newron Pharmaceuticals SpA
SW:NWRN
|
$235.69 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: 3.82x
- 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 5.21x to 3.82x 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 | €0.50 | x |
| 2022-12-31 | €0.10 | €0.50 | x |
| 2023-12-31 | €0.11 | €0.50 | x |
| 2024-12-31 | €0.13 | €0.50 | 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: $5,938,203,128
- Average return on equity (ROE) among peers: -22.37%
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 | $235.84 Million |
| Pearl Gold AG (02P) | $138.88 Million | -0.44% | 0.01x | $11.40 Million |
| NEWPATH RESOURCES INC. (0MZ) | $-104.03K | 0.00% | 0.00x | $556.56K |
| SHAND.GOLD MNG LTD H HD 1 (188H) | $53.26 Billion | 4.37% | 1.53x | $2.00 Billion |
| Asante Gold Corporation (1A9) | $2.47 Million | -26.97% | 0.96x | $355.33 Million |
| American Pacific Mining Corp (1QC1) | $28.07 Million | -15.26% | 0.02x | $19.08 Million |
| WALKER RIVER RES CORP (1WV0) | $8.41 Million | -20.86% | 0.06x | $7.54 Million |
| CLARITY METALS CORP. (27G0) | $2.12 Million | -130.79% | 0.25x | $273.09K |
| CANDELARIA MINING CORP (29LN) | $-1.68 Million | 0.00% | 0.00x | $262.83K |
| SIXTY NORTH GOLD MIN.LTD. (2F40) | $6.26 Million | -11.38% | 0.01x | $10.77 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