NORTHERN FREEGOLD (8N6) - Net Assets
Based on the latest financial reports, NORTHERN FREEGOLD (8N6) has net assets worth €4.94 Million EUR (≈ $5.78 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 (€5.57 Million ≈ $6.52 Million USD) and total liabilities (€630.14K ≈ $736.70K 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. Check 8N6 tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €4.94 Million |
| % of Total Assets | 88.7% |
| Annual Growth Rate | -8.03% |
| 5-Year Change | 83.5% |
| 10-Year Change | N/A |
| Growth Volatility | 104.48 |
NORTHERN FREEGOLD - Net Assets Trend (2020–2025)
This chart illustrates how NORTHERN FREEGOLD's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of NORTHERN FREEGOLD to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for NORTHERN FREEGOLD (2020–2025)
The table below shows the annual net assets of NORTHERN FREEGOLD from 2020 to 2025. For live valuation and market cap data, see NORTHERN FREEGOLD (8N6) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €4.94 Million ≈ $5.78 Million |
+64.48% |
| 2024-12-31 | €3.01 Million ≈ $3.51 Million |
-19.03% |
| 2023-12-31 | €3.71 Million ≈ $4.34 Million |
+216.21% |
| 2022-12-31 | €1.17 Million ≈ $1.37 Million |
-56.43% |
| 2021-12-31 | €2.69 Million ≈ $3.15 Million |
-64.14% |
| 2020-12-31 | €7.51 Million ≈ $8.79 Million |
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Equity Component Analysis
This analysis shows how different components contribute to NORTHERN FREEGOLD'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 1158207500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €90.28 Million | 1825.87% |
| Total Equity | €4.94 Million | 100.00% |
NORTHERN FREEGOLD Competitors by Market Cap
The table below lists competitors of NORTHERN FREEGOLD ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Spackman Equit
V:SQG
|
$17.50 Million |
|
Victory Metals Ltd
AU:VTM
|
$17.50 Million |
|
A Rank Bhd
KLSE:7214
|
$17.50 Million |
|
East Africa Metals Inc.
V:EAM
|
$17.51 Million |
|
Groupe Tera SA
PA:ALGTR
|
$17.49 Million |
|
Deltamac Taiwan Co Ltd
TWO:6144
|
$17.48 Million |
|
Bright Scholar Education Holdings Ltd Class A
NYSE:BEDU
|
$17.48 Million |
|
Hands Corporation Ltd
KO:143210
|
$17.46 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in NORTHERN FREEGOLD's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,005,943 to 4,944,288, a change of 1,938,345 (64.5%).
- Net loss of 3,166,538 reduced equity.
- New share issuances of 3,795,393 increased equity.
- Other factors increased equity by 1,309,490.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-3.17 Million | -64.04% |
| Share Issuances | €3.80 Million | +76.76% |
| Other Changes | €1.31 Million | +26.48% |
| Total Change | €- | 64.48% |
Book Value vs Market Value Analysis
This analysis compares NORTHERN FREEGOLD'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: 4.02x
- 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 0.61x to 4.02x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | €0.55 | €0.33 | x |
| 2021-12-31 | €0.19 | €0.33 | x |
| 2022-12-31 | €0.08 | €0.33 | x |
| 2023-12-31 | €0.09 | €0.33 | x |
| 2024-12-31 | €0.07 | €0.33 | x |
| 2025-12-31 | €0.08 | €0.33 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently NORTHERN FREEGOLD 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): -64.04%
- 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: 1.13x
- Recent ROE (-64.04%) is above the historical average (-84.72%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -66.95% | 0.00% | 0.00x | 1.06x | €-5.78 Million |
| 2021 | -190.99% | 0.00% | 0.00x | 1.45x | €-5.42 Million |
| 2022 | -129.51% | 0.00% | 0.00x | 3.15x | €-1.64 Million |
| 2023 | -32.17% | 0.00% | 0.00x | 1.08x | €-1.57 Million |
| 2024 | -24.66% | 0.00% | 0.00x | 1.27x | €-1.04 Million |
| 2025 | -64.04% | 0.00% | 0.00x | 1.13x | €-3.66 Million |
Industry Comparison
This section compares NORTHERN FREEGOLD's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $5,102,391
- Average return on equity (ROE) among peers: -52.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| NORTHERN FREEGOLD (8N6) | €4.94 Million | -66.95% | 0.13x | $17.49 Million |
| Scandium International Mining Corp (0E6) | $1.33 Million | -158.28% | 0.03x | $31.49 Million |
| PROSPECT RIDGE RESOURCES (0ED) | $6.44 Million | -34.62% | 0.09x | $3.19 Million |
| Asiamet Resources Ltd (0FK) | $7.46 Million | -78.84% | 0.24x | $25.79 Million |
| Global Li-Ion Graphite Corp (0TD) | $2.25 Million | -20.09% | 0.38x | $317.36K |
| Benz Mining Corp (1VU) | $22.89 Million | -32.78% | 0.12x | $405.93 Million |
| BENZ MINING CORP CDI/1 (1VU0) | $8.77 Million | -54.50% | 0.49x | $397.29 Million |
| Pacific Empire Minerals Corp (1YK) | $782.75K | -129.26% | 0.24x | $7.21 Million |
| PURANIUM ENERGY LTD. (2DK) | $-109.30K | 0.00% | 0.00x | $469.66K |
| TROUBADOUR RESOURCES INC. (2QD0) | $1.22 Million | -19.90% | 0.46x | $70.07K |
| GOLCAP RESOURCES CORP (2SO0) | $-2.39K | 0.00% | 0.00x | $2.24 Million |
About NORTHERN FREEGOLD
Triumph Gold Corp., a junior natural resource company, engages in the acquisition, exploration, and development of mineral properties in the Yukon Territory and British Columbia, Canada. The company explores for gold, silver, copper, molybdenum, and tungsten deposits. Its flagship project is the 100% owned Freegold Mountain project comprising Tinta Hill property, Freegold property, Goldstar prope… Read more