CORA GOLD LTD O.N. (C0J) - Net Assets
Based on the latest financial reports, CORA GOLD LTD O.N. (C0J) has net assets worth €27.33 Million EUR (≈ $31.95 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€27.61 Million ≈ $32.28 Million USD) and total liabilities (€282.00K ≈ $329.69K 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 tangible equity quality of CORA GOLD LTD O.N. to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €27.33 Million |
| % of Total Assets | 98.98% |
| Annual Growth Rate | -0.9% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 6.02 |
CORA GOLD LTD O.N. - Net Assets Trend (2021–2024)
This chart illustrates how CORA GOLD LTD O.N.'s net assets have evolved over time, based on quarterly financial data. Explore CORA GOLD LTD O.N. (C0J) cash flow conversion to assess how effectively this company generates cash.
Annual Net Assets for CORA GOLD LTD O.N. (2021–2024)
The table below shows the annual net assets of CORA GOLD LTD O.N. from 2021 to 2024. For live valuation and market cap data, see CORA GOLD LTD O.N. (C0J) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €25.88 Million ≈ $30.26 Million |
+4.96% |
| 2023-12-31 | €24.66 Million ≈ $28.82 Million |
+1.94% |
| 2022-12-31 | €24.18 Million ≈ $28.27 Million |
-9.04% |
| 2021-12-31 | €26.59 Million ≈ $31.08 Million |
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Equity Component Analysis
This analysis shows how different components contribute to CORA GOLD LTD O.N.'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 632000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €33.81 Million | 130.66% |
| Total Equity | €25.88 Million | 100.00% |
CORA GOLD LTD O.N. Competitors by Market Cap
The table below lists competitors of CORA GOLD LTD O.N. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PT Janu Putra Sejahtera Tbk
JK:AYAM
|
$81.10 Million |
|
CPN Commercial Growth Leasehold Property Fund
BK:CPNCG
|
$81.12 Million |
|
Rimoni
TA:RIMO
|
$81.13 Million |
|
Pearl Holdings Acquisition Corp
NASDAQ:PRLH
|
$81.14 Million |
|
ALM Equity AB (publ)
ST:ALM
|
$81.06 Million |
|
CDON AB
ST:CDON
|
$81.06 Million |
|
Ratchaphruek Hospital Public Company Limited
BK:RPH
|
$81.01 Million |
|
SM Culture & Contents Co. Ltd
KQ:048550
|
$80.99 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CORA GOLD LTD O.N.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 24,655,000 to 25,879,000, a change of 1,224,000 (5.0%).
- Net loss of 1,095,000 reduced equity.
- Other factors increased equity by 2,319,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-1.09 Million | -4.23% |
| Other Changes | €2.32 Million | +8.96% |
| Total Change | €- | 4.96% |
Book Value vs Market Value Analysis
This analysis compares CORA GOLD LTD O.N.'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: 1.64x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.02x to 1.64x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | €0.09 | €0.09 | x |
| 2022-12-31 | €0.08 | €0.09 | x |
| 2023-12-31 | €0.07 | €0.09 | x |
| 2024-12-31 | €0.06 | €0.09 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CORA GOLD LTD O.N. 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): -4.23%
- 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: 1.01x
- Recent ROE (-4.23%) is above the historical average (-8.31%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -6.63% | 0.00% | 0.00x | 1.02x | €-4.42 Million |
| 2022 | -10.39% | 0.00% | 0.00x | 1.01x | €-4.93 Million |
| 2023 | -11.98% | 0.00% | 0.00x | 1.65x | €-5.42 Million |
| 2024 | -4.23% | 0.00% | 0.00x | 1.01x | €-3.68 Million |
Industry Comparison
This section compares CORA GOLD LTD O.N.'s net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $6,452,010,380
- Average return on equity (ROE) among peers: -90.33%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CORA GOLD LTD O.N. (C0J) | €27.33 Million | -6.63% | 0.01x | $81.10 Million |
| Pearl Gold AG (02P) | $69.49 Million | -0.87% | 1.02x | $11.69 Million |
| NEWPATH RESOURCES INC. (0MZ) | $-1.67 Million | 0.00% | 0.00x | $556.56K |
| SHAND.GOLD MNG LTD H HD 1 (188H) | $64.38 Billion | 7.36% | 1.65x | $2.68 Billion |
| Asante Gold Corporation (1A9) | $1.50 Million | -59.77% | 1.77x | $465.58 Million |
| American Pacific Mining Corp (1QC1) | $1.15 Million | -318.04% | 0.15x | $19.08 Million |
| SITKA GOLD CORP (1RF) | $43.88 Million | -7.79% | 0.14x | $236.82 Million |
| WALKER RIVER RES CORP (1WV0) | $9.67 Million | -13.44% | 0.06x | $10.61 Million |
| CLARITY METALS CORP. (27G0) | $2.96 Million | -220.38% | 0.18x | $1.67 Million |
| SIXTY NORTH GOLD MIN.LTD. (2F40) | $7.83 Million | -15.12% | 0.05x | $13.20 Million |
| GREENHAWK RESOURCES INC. (2V70) | $5.66 Million | -275.28% | 0.01x | $43.10K |
About CORA GOLD LTD O.N.
Cora Gold Limited, together with its subsidiaries, explores for and develops mineral projects in West Africa. The company primarily explores for gold deposits. Its flagship project is the Sanankoro Gold project located in the Yanfolila Gold Belt, Southern Mali. Cora Gold Limited was incorporated in 2012 and is based in Road Town, British Virgin Islands.