Blue Lagoon Resources Inc (7BL) - Net Assets
Based on the latest financial reports, Blue Lagoon Resources Inc (7BL) has net assets worth €18.51 Million EUR as of August 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€27.57 Million) and total liabilities (€9.06 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 | €18.51 Million |
| % of Total Assets | 67.12% |
| Annual Growth Rate | 92.22% |
| 5-Year Change | -39.63% |
| 10-Year Change | N/A |
| Growth Volatility | 536.2 |
Blue Lagoon Resources Inc - Net Assets Trend (2018–2024)
This chart illustrates how Blue Lagoon Resources Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Blue Lagoon Resources Inc (2018–2024)
The table below shows the annual net assets of Blue Lagoon Resources Inc from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-11-30 | €18.17 Million | +8.40% |
| 2023-11-30 | €16.76 Million | -11.27% |
| 2022-11-30 | €18.89 Million | -35.60% |
| 2021-11-30 | €29.33 Million | -2.55% |
| 2020-11-30 | €30.09 Million | +440.02% |
| 2019-11-30 | €5.57 Million | +1448.80% |
| 2018-11-30 | €359.81K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Blue Lagoon Resources Inc'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 4089454300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (November 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €59.08 Million | 325.20% |
| Total Equity | €18.17 Million | 100.00% |
Blue Lagoon Resources Inc Competitors by Market Cap
The table below lists competitors of Blue Lagoon Resources Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ko Ja Cayman Co Ltd
TW:5215
|
$77.74 Million |
|
United Radiant Technology
TWO:5315
|
$77.74 Million |
|
HLB Global Co Ltd
KO:003580
|
$77.74 Million |
|
Take Solutions Limited
NSE:TAKE
|
$77.74 Million |
|
PolyPid
NASDAQ:PYPD
|
$77.73 Million |
|
Snowman Logistics Limited
NSE:SNOWMAN
|
$77.68 Million |
|
Aerovate Therapeutics Inc
NASDAQ:AVTE
|
$77.68 Million |
|
Excel Cell Electronic Co Ltd
TW:2483
|
$77.67 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Blue Lagoon Resources Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 16,759,240 to 18,167,149, a change of 1,407,909 (8.4%).
- Net loss of 3,424,799 reduced equity.
- New share issuances of 2,024,250 increased equity.
- Other factors increased equity by 2,808,458.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-3.42 Million | -18.85% |
| Share Issuances | €2.02 Million | +11.14% |
| Other Changes | €2.81 Million | +15.46% |
| Total Change | €- | 8.40% |
Book Value vs Market Value Analysis
This analysis compares Blue Lagoon Resources Inc'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: 3.33x
- 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 40.81x to 3.33x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-11-30 | €0.01 | €0.46 | x |
| 2019-11-30 | €0.17 | €0.46 | x |
| 2020-11-30 | €0.40 | €0.46 | x |
| 2021-11-30 | €0.33 | €0.46 | x |
| 2022-11-30 | €0.19 | €0.46 | x |
| 2023-11-30 | €0.15 | €0.46 | x |
| 2024-11-30 | €0.14 | €0.46 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Blue Lagoon Resources Inc 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): -18.85%
- 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: 1.46x
- Recent ROE (-18.85%) is above the historical average (-28.84%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -5.06% | 0.00% | 0.00x | 1.04x | €-54.20K |
| 2019 | -12.60% | 0.00% | 0.00x | 1.03x | €-1.26 Million |
| 2020 | -17.36% | 0.00% | 0.00x | 1.16x | €-7.84 Million |
| 2021 | -52.17% | 0.00% | 0.00x | 1.17x | €-18.23 Million |
| 2022 | -72.58% | -10039.14% | 0.01x | 1.24x | €-15.60 Million |
| 2023 | -23.25% | 0.00% | 0.00x | 1.47x | €-5.57 Million |
| 2024 | -18.85% | 0.00% | 0.00x | 1.46x | €-5.24 Million |
Industry Comparison
This section compares Blue Lagoon Resources Inc's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $27,102,123
- Average return on equity (ROE) among peers: -25.79%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Blue Lagoon Resources Inc (7BL) | €18.51 Million | -5.06% | 0.49x | $77.73 Million |
| Pearl Gold AG (02P) | $69.49 Million | -0.87% | 1.02x | $16.66 Million |
| AMIGO HLDGS PLC. LS-0025 (0VG) | $0.00 | 0.00% | 0.00x | $28.02 Million |
| Asante Gold Corporation (1A9) | $1.50 Million | -47.59% | 1.26x | $750.30 Million |
| American Pacific Mining Corp (1QC1) | $39.11 Million | -23.19% | 0.05x | $19.08 Million |
| SITKA GOLD CORP (1RF) | $26.12 Million | -5.86% | 0.18x | $236.82 Million |
| Rio2 Limited (1SB) | $125.11 Million | -0.02% | 0.39x | $905.31 Million |
| GREENHAWK RESOURCES INC. (2V70) | $-338.95K | 0.00% | 0.00x | $453.49K |
| THETA GOLD MNS LTD (3LM) | $8.69 Million | -50.24% | 1.23x | $149.39 Million |
| McLaren Resources Inc (3ML) | $-226.22K | 0.00% | 0.00x | $2.76 Million |
| RIO GRANDE RESOURCES LTD. (488) | $1.57 Million | -130.13% | 0.95x | $6.72 Million |
About Blue Lagoon Resources Inc
Blue Lagoon Resources Inc. engages in the acquisition, exploration, and evaluation of mineral properties in Canada. It primarily explores for gold deposits. The company holds 100% interests in the Dome Mountain project covering an area of 22,000 hectares located in the town of Smithers, northwest British Columbia. It also holds interest in the Pellaire gold project, which consists of 13 contiguou… Read more