Eco Oro Minerals Corp (GQQ) - Net Assets
Based on the latest financial reports, Eco Oro Minerals Corp (GQQ) has net assets worth €-6.70 Million EUR (≈ $-7.83 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 (€3.87 Million ≈ $4.53 Million USD) and total liabilities (€10.57 Million ≈ $12.36 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. Check how tangible is Eco Oro Minerals Corp's equity to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €-6.70 Million |
| % of Total Assets | -172.9% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | -216.47% |
| Growth Volatility | 131.67 |
Eco Oro Minerals Corp - Net Assets Trend (2013–2024)
This chart illustrates how Eco Oro Minerals Corp's net assets have evolved over time, based on quarterly financial data. See Eco Oro Minerals Corp defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Eco Oro Minerals Corp (2013–2024)
The table below shows the annual net assets of Eco Oro Minerals Corp from 2013 to 2024. For live valuation and market cap data, see Eco Oro Minerals Corp market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €-26.25 Million ≈ $-30.69 Million |
-40.35% |
| 2023-12-31 | €-18.71 Million ≈ $-21.87 Million |
-27.66% |
| 2022-12-31 | €-14.65 Million ≈ $-17.13 Million |
-62.34% |
| 2021-12-31 | €-9.03 Million ≈ $-10.55 Million |
-78.86% |
| 2020-12-31 | €-5.05 Million ≈ $-5.90 Million |
+78.48% |
| 2019-12-31 | €-23.45 Million ≈ $-27.41 Million |
+34.42% |
| 2018-12-31 | €-35.76 Million ≈ $-41.80 Million |
-115.87% |
| 2017-12-31 | €-16.56 Million ≈ $-19.37 Million |
-317.89% |
| 2016-12-31 | €7.60 Million ≈ $8.89 Million |
-66.28% |
| 2015-12-31 | €22.54 Million ≈ $26.36 Million |
+23.55% |
| 2014-12-31 | €18.25 Million ≈ $21.33 Million |
-25.76% |
| 2013-12-31 | €24.58 Million ≈ $28.73 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Eco Oro Minerals 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 18891000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €395.36 Million | % |
| Total Equity | €-26.25 Million | 100.00% |
Eco Oro Minerals Corp Competitors by Market Cap
The table below lists competitors of Eco Oro Minerals Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
OBERON URANIUM CORP.
F:G7I
|
$1.68 Million |
|
abrdn European Logistics Income PLC
LSE:ASLI_old
|
$1.68 Million |
|
Mobico Group Plc
LSE:MCG
|
$1.68 Million |
|
Grosvenor Resource Corp
V:GVR
|
$1.69 Million |
|
Strategic Minerals Plc
LSE:SML
|
$1.68 Million |
|
MJ Gleeson plc
LSE:GLE
|
$1.68 Million |
|
Cobra Venture Corp
V:CBV
|
$1.68 Million |
|
Tessin Nordic Holding AB
ST:TESSIN
|
$1.68 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Eco Oro Minerals Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -18,707,000 to -26,255,000, a change of -7,548,000.
- Net loss of 7,650,000 reduced equity.
- Other factors increased equity by 102,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-7.65 Million | -29.14% |
| Other Changes | €102.00K | +0.39% |
| Total Change | €- | % |
Book Value vs Market Value Analysis
This analysis compares Eco Oro Minerals 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €-0.16 | €0.01 | x |
| 2018-12-31 | €-0.34 | €0.01 | x |
| 2019-12-31 | €-0.22 | €0.01 | x |
| 2020-12-31 | €-0.05 | €0.01 | x |
| 2021-12-31 | €-0.08 | €0.01 | x |
| 2022-12-31 | €-0.14 | €0.01 | x |
| 2023-12-31 | €-0.18 | €0.01 | x |
| 2024-12-31 | €-0.25 | €0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Eco Oro Minerals 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): 0.00%
- 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: 0.00x
- Recent ROE (0.00%) is above the historical average (-51.13%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -49.09% | 0.00% | 0.00x | 1.28x | €-14.52 Million |
| 2014 | -55.95% | 0.00% | 0.00x | 1.45x | €-12.03 Million |
| 2015 | -25.07% | 0.00% | 0.00x | 1.28x | €-7.91 Million |
| 2016 | -483.41% | 0.00% | 0.00x | 2.47x | €-37.51 Million |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | €-23.50 Million |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | €-15.75 Million |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | €-19.33 Million |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | €-4.33 Million |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | €-3.48 Million |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | €-4.45 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | €-1.72 Million |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | €-5.02 Million |
Industry Comparison
This section compares Eco Oro Minerals Corp'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 |
|---|---|---|---|---|
| Eco Oro Minerals Corp (GQQ) | €-6.70 Million | -49.09% | N/A | $1.68 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 Eco Oro Minerals Corp
Eco Oro Minerals Corp. acquires, explores, and develops mineral properties in the Republic of Colombia. The company primarily explores for gold and silver deposits. It focuses on the development of Angostura Project in northeastern Colombia. The company was formerly known as Greystar Resources Ltd. and changed its name to Eco Oro Minerals Corp. in August 2011. Eco Oro Minerals Corp. was incorpora… Read more