GOLDSTONE RES LTD. LS-01 (GVL1) - Net Assets
Based on the latest financial reports, GOLDSTONE RES LTD. LS-01 (GVL1) has net assets worth €10.53 Million EUR (≈ $12.31 Million USD) as of December 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€24.16 Million ≈ $28.25 Million USD) and total liabilities (€13.63 Million ≈ $15.94 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. Read GVL1 current and long-term liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €10.53 Million |
| % of Total Assets | 43.59% |
| Annual Growth Rate | -13.0% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 18.29 |
GOLDSTONE RES LTD. LS-01 - Net Assets Trend (2021–2024)
This chart illustrates how GOLDSTONE RES LTD. LS-01's net assets have evolved over time, based on quarterly financial data. Also explore GOLDSTONE RES LTD. LS-01 total assets for the complete picture of this company's asset base.
Annual Net Assets for GOLDSTONE RES LTD. LS-01 (2021–2024)
The table below shows the annual net assets of GOLDSTONE RES LTD. LS-01 from 2021 to 2024. For live valuation and market cap data, see GVL1 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €10.53 Million ≈ $12.31 Million |
+14.23% |
| 2023-12-31 | €9.22 Million ≈ $10.78 Million |
-27.87% |
| 2022-12-31 | €12.78 Million ≈ $14.95 Million |
-20.07% |
| 2021-12-31 | €16.00 Million ≈ $18.70 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to GOLDSTONE RES LTD. LS-01'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 338566700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €46.68 Million | 443.14% |
| Total Equity | €10.53 Million | 100.00% |
GOLDSTONE RES LTD. LS-01 Competitors by Market Cap
The table below lists competitors of GOLDSTONE RES LTD. LS-01 ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Van Elle Holdings PLC
LSE:VANL
|
$664.83K |
|
IMAGE POWER S.A. ZY -10
F:7UQ
|
$665.70K |
|
Midsona AB (publ)
ST:MSON-A
|
$665.85K |
|
Alternative Income REIT PLC
LSE:AIRE
|
$666.03K |
|
Real Estate Investors PLC
LSE:RLE
|
$661.62K |
|
STMicroelectronics NV
LSE:0INB
|
$659.13K |
|
Smalto SA
PA:MLSML
|
$658.94K |
|
Goldflare Exploration Inc
V:GOFL
|
$658.74K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in GOLDSTONE RES LTD. LS-01's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 9,221,093 to 10,533,216, a change of 1,312,123 (14.2%).
- Net loss of 4,150,517 reduced equity.
- New share issuances of 3,296,431 increased equity.
- Other factors increased equity by 2,166,209.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-4.15 Million | -39.4% |
| Share Issuances | €3.30 Million | +31.3% |
| Other Changes | €2.17 Million | +20.57% |
| Total Change | €- | 14.23% |
Book Value vs Market Value Analysis
This analysis compares GOLDSTONE RES LTD. LS-01'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: 0.04x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | €0.03 | €0.00 | x |
| 2022-12-31 | €0.03 | €0.00 | x |
| 2023-12-31 | €0.02 | €0.00 | x |
| 2024-12-31 | €0.01 | €0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently GOLDSTONE RES LTD. LS-01 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): -39.40%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -83.83%
- • Asset Turnover: 0.20x
- • Equity Multiplier: 2.29x
- Recent ROE (-39.40%) is below the historical average (-20.84%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -9.52% | 0.00% | 0.00x | 1.49x | €-3.12 Million |
| 2022 | -5.28% | -7.58% | 0.42x | 1.65x | €-1.95 Million |
| 2023 | -29.14% | -122.28% | 0.10x | 2.42x | €-3.61 Million |
| 2024 | -39.40% | -83.83% | 0.20x | 2.29x | €-5.20 Million |
Industry Comparison
This section compares GOLDSTONE RES LTD. LS-01's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $5,873,022,945
- Average return on equity (ROE) among peers: -194.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| GOLDSTONE RES LTD. LS-01 (GVL1) | €10.53 Million | -9.52% | 1.29x | $662.91K |
| Pearl Gold AG (02P) | $10.12 Million | -4.44% | 0.02x | $10.23 Million |
| NEWPATH RESOURCES INC. (0MZ) | $790.67K | -1412.37% | 2.56x | $556.56K |
| SHAND.GOLD MNG LTD H HD 1 (188H) | $58.57 Billion | 5.04% | 1.74x | $3.23 Billion |
| Asante Gold Corporation (1A9) | $42.51 Million | -229.11% | 15.07x | $586.30 Million |
| American Pacific Mining Corp (1QC1) | $39.11 Million | -23.19% | 0.05x | $19.08 Million |
| SITKA GOLD CORP (1RF) | $43.88 Million | -7.79% | 0.14x | $236.82 Million |
| WALKER RIVER RES CORP (1WV0) | $8.46 Million | -9.76% | 0.07x | $10.69 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 | $16.59 Million |
| GREENHAWK RESOURCES INC. (2V70) | $4.54 Million | -24.50% | 0.01x | $43.10K |
About GOLDSTONE RES LTD. LS-01
Goldstone Resources Limited, through its subsidiaries, engages in the exploration and mining of gold and associated elements. It holds 100% interest in the Akrokeri project; and 90% interest in the Homase mine located in accra, and southwest of Kumasi; and the Akrokeri-Homase Gold Project in Ghana. The company was incorporated in 1998 and is based in Saint Helier, Jersey.