THUNDER GOLD CORP. (Z25) - Net Assets
Based on the latest financial reports, THUNDER GOLD CORP. (Z25) has net assets worth €12.00 Million EUR (≈ $14.03 Million USD) as of January 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€12.52 Million ≈ $14.64 Million USD) and total liabilities (€522.15K ≈ $610.45K 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 THUNDER GOLD CORP. asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €12.00 Million |
| % of Total Assets | 95.83% |
| Annual Growth Rate | 7.18% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 9.44 |
THUNDER GOLD CORP. - Net Assets Trend (2022–2025)
This chart illustrates how THUNDER GOLD CORP.'s net assets have evolved over time, based on quarterly financial data. Also explore THUNDER GOLD CORP. asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for THUNDER GOLD CORP. (2022–2025)
The table below shows the annual net assets of THUNDER GOLD CORP. from 2022 to 2025. For live valuation and market cap data, see market cap of THUNDER GOLD CORP..
| Year | Net Assets | Change |
|---|---|---|
| 2025-04-30 | €8.88 Million ≈ $10.38 Million |
+17.38% |
| 2024-04-30 | €7.56 Million ≈ $8.84 Million |
-5.16% |
| 2023-04-30 | €7.97 Million ≈ $9.32 Million |
+10.59% |
| 2022-04-30 | €7.21 Million ≈ $8.43 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to THUNDER GOLD 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 230618800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (April 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €14.18 Million | 159.74% |
| Total Equity | €8.88 Million | 100.00% |
THUNDER GOLD CORP. Competitors by Market Cap
The table below lists competitors of THUNDER GOLD CORP. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Rackla Metals Inc
V:RAK
|
$17.09 Million |
|
Burgundy Diamond Mines Ltd
AU:BDM
|
$17.10 Million |
|
Carboclor
BA:CARC
|
$17.10 Million |
|
Geratherm Medical AG
XETRA:GME
|
$17.10 Million |
|
ADX Energy Ltd
AU:ADX
|
$17.09 Million |
|
Brite Tech Bhd
KLSE:0011
|
$17.08 Million |
|
SUNL.TECH.G.ADR/2DL-00005
F:S790
|
$17.08 Million |
|
Daedong Metals Co. Ltd
KQ:020400
|
$17.07 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in THUNDER GOLD CORP.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 7,561,391 to 8,875,434, a change of 1,314,043 (17.4%).
- Net loss of 1,152,395 reduced equity.
- New share issuances of 2,250,000 increased equity.
- Other factors increased equity by 216,438.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-1.15 Million | -12.98% |
| Share Issuances | €2.25 Million | +25.35% |
| Other Changes | €216.44K | +2.44% |
| Total Change | €- | 17.38% |
Book Value vs Market Value Analysis
This analysis compares THUNDER GOLD 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
- Current price-to-book ratio: 1.69x
- 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 1.35x to 1.69x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-04-30 | €0.05 | €0.07 | x |
| 2023-04-30 | €0.05 | €0.07 | x |
| 2024-04-30 | €0.04 | €0.07 | x |
| 2025-04-30 | €0.04 | €0.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently THUNDER GOLD 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): -12.98%
- 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: 1.00x
- Recent ROE (-12.98%) is below the historical average (-10.70%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | -14.88% | 0.00% | 0.00x | 1.03x | €-1.79 Million |
| 2023 | -5.81% | 0.00% | 0.00x | 1.06x | €-1.26 Million |
| 2024 | -9.14% | 0.00% | 0.00x | 1.01x | €-1.45 Million |
| 2025 | -12.98% | 0.00% | 0.00x | 1.00x | €-2.04 Million |
Industry Comparison
This section compares THUNDER GOLD 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: $4,246,227
- Average return on equity (ROE) among peers: -67.69%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| THUNDER GOLD CORP. (Z25) | €12.00 Million | -14.88% | 0.04x | $17.09 Million |
| Scandium International Mining Corp (0E6) | $1.43 Million | 3.31% | 0.24x | $31.75 Million |
| PROSPECT RIDGE RESOURCES (0ED) | $8.06 Million | -50.96% | 0.07x | $3.47 Million |
| Asiamet Resources Ltd (0FK) | $2.57 Million | -281.87% | 0.47x | $27.77 Million |
| Global Li-Ion Graphite Corp (0TD) | $3.82 Million | -29.84% | 0.10x | $370.25K |
| Benz Mining Corp (1VU) | $8.77 Million | -54.50% | 0.49x | $417.32 Million |
| BENZ MINING CORP CDI/1 (1VU0) | $7.26 Million | -55.45% | 0.05x | $397.29 Million |
| Pacific Empire Minerals Corp (1YK) | $1.72 Million | -38.01% | 0.08x | $8.01 Million |
| PURANIUM ENERGY LTD. (2DK) | $977.72K | -142.91% | 0.06x | $469.66K |
| TROUBADOUR RESOURCES INC. (2QD0) | $7.88 Million | -26.62% | 0.08x | $70.07K |
| GOLCAP RESOURCES CORP (2SO0) | $-18.93K | 0.00% | 0.00x | $2.27 Million |
About THUNDER GOLD CORP.
Thunder Gold Corp., a junior exploration company, engages in the acquisition, exploration, and development of mining properties in Canada. The company's flagship property includes the Tower Mountain gold project that consists of 189 single cell mining claims, 24 boundary claims, and 6 owned patents covering an area of approximately 3,096.3 hectares located in west of Thunder Bay, Ontario. The com… Read more