Cora Gold Limited Net Assets
Cora Gold Limited net assets. Based on the latest financial reports, Cora Gold Limited (CORA) has net assets worth GBX27.33 Million GBX (≈ $3.33K USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX27.61 Million ≈ $3.36K USD) and total liabilities (GBX282.00K ≈ $34.31 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. Also explore Cora Gold Limited equity growth rate to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX27.33 Million |
| % of Total Assets | 98.98% |
| Annual Growth Rate | N/A |
| 5-Year Change | 43.6% |
| 10-Year Change | N/A |
| Growth Volatility | 19.83 |
Net Assets of Cora Gold Limited (2014–2024)
Net assets of Cora Gold Limited from 2014 to 2024. This chart illustrates how Cora Gold Limited's net assets have evolved over time, based on quarterly financial data. See Cora Gold Limited (CORA) balance sheet quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Cora Gold Limited (2014–2024)
The table below shows the annual net assets of Cora Gold Limited from 2014 to 2024. For live market cap and overall valuation, see Cora Gold Limited stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | GBX25.88 Million ≈ $3.15K |
+4.96% |
| 2023-12-31 | GBX24.66 Million ≈ $3.00K |
+1.94% |
| 2022-12-31 | GBX24.18 Million ≈ $2.94K |
-9.04% |
| 2021-12-31 | GBX26.59 Million ≈ $3.23K |
+47.53% |
| 2020-12-31 | GBX18.02 Million ≈ $2.19K |
+36.86% |
| 2019-12-31 | GBX13.17 Million ≈ $1.60K |
+24.83% |
| 2018-12-31 | GBX10.55 Million ≈ $1.28K |
-1.42% |
| 2017-12-31 | GBX10.70 Million ≈ $1.30K |
+1883.50% |
| 2016-12-31 | GBX-600.00K ≈ $-73.00 |
-9.89% |
| 2015-12-31 | GBX-546.00K ≈ $-66.43 |
-177.16% |
| 2014-12-31 | GBX-197.00K ≈ $-23.97 |
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Equity Component Analysis
This analysis shows how different components contribute to Cora Gold Limited'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 753000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Cora Gold Limited Net Assets Breakdown (December 2024)
Cora Gold Limited net assets breakdown by equity component as of December 2024.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | GBX33.81 Million | 130.66% |
| Total Equity | GBX25.88 Million | 100.00% |
Cora Gold Limited Competitors by Market Cap
The table below lists competitors of Cora Gold Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ODINWELL AB
F:0AF
|
$626.64K |
|
Newtopia Inc
V:NEWU
|
$626.69K |
|
Creo Medical Group PLC
LSE:CREO
|
$628.03K |
|
Prostatype Genomics AB
ST:PROGEN
|
$628.05K |
|
COPPERCORP RESOURCES INC.
F:NU0
|
$625.83K |
|
Guess? Inc.
NYSE:GES
|
$625.82K |
|
Procook Group PLC
LSE:PROC
|
$625.51K |
|
Ristia Bintang Mahkotasejati
JK:RBMS
|
$624.63K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cora Gold Limited'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 | GBX-1.09 Million | -4.23% |
| Other Changes | GBX2.32 Million | +8.96% |
| Total Change | GBX- | 4.96% |
Book Value vs Market Value Analysis
This analysis compares Cora Gold Limited'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: 172.80x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | GBX0.00 | GBX10.25 | x |
| 2015-12-31 | GBX-0.01 | GBX10.25 | x |
| 2016-12-31 | GBX-0.01 | GBX10.25 | x |
| 2017-12-31 | GBX0.19 | GBX10.25 | x |
| 2018-12-31 | GBX0.19 | GBX10.25 | x |
| 2019-12-31 | GBX0.14 | GBX10.25 | x |
| 2020-12-31 | GBX0.10 | GBX10.25 | x |
| 2021-12-31 | GBX0.11 | GBX10.25 | x |
| 2022-12-31 | GBX0.08 | GBX10.25 | x |
| 2023-12-31 | GBX0.07 | GBX10.25 | x |
| 2024-12-31 | GBX0.06 | GBX10.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cora Gold Limited 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 below the historical average (2.57%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | GBX-284.30K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | GBX-286.40K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | GBX4.00K |
| 2017 | 108.13% | 0.00% | 0.00x | 1.02x | GBX10.50 Million |
| 2018 | -8.35% | 0.00% | 0.00x | 1.02x | GBX-1.94 Million |
| 2019 | -22.58% | 0.00% | 0.00x | 1.03x | GBX-4.29 Million |
| 2020 | -2.14% | 0.00% | 0.00x | 1.01x | GBX-2.19 Million |
| 2021 | -10.00% | 0.00% | 0.00x | 1.02x | GBX-5.32 Million |
| 2022 | -20.54% | 0.00% | 0.00x | 1.01x | GBX-7.39 Million |
| 2023 | -11.98% | 0.00% | 0.00x | 1.65x | GBX-5.42 Million |
| 2024 | -4.23% | 0.00% | 0.00x | 1.01x | GBX-3.68 Million |
Industry Comparison
This section compares Cora Gold Limited's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $116,636,033
- Average return on equity (ROE) among peers: -10.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Cora Gold Limited (CORA) | GBX27.33 Million | 0.00% | 0.01x | $626.39K |
| Ariana Resources plc (AAU) | $4.88 Million | -8.23% | 0.09x | $452.45K |
| Anglo Asian Mining Plc (AAZ) | $121.96 Million | 19.04% | 0.47x | $5.32 Million |
| AltynGold plc (ALTN) | $34.86 Million | -12.30% | 0.56x | $3.17 Million |
| Bluebird Merchant Ventures Ltd (BMV) | $3.95 Million | -40.17% | 0.32x | $11.64K |
| Conroy Gold & Natural Resources Plc (CGNR) | $15.32 Million | -2.06% | 0.15x | $79.52K |
| Caledonia Mining Corporation Plc (CMCL) | $69.21 Million | 13.56% | 0.59x | $3.70 Million |
| ECR Minerals plc (ECR) | $10.22 Million | -41.11% | 0.38x | $52.05K |
| Endeavour Mining Corp (EDV) | $771.51 Million | -43.09% | 0.65x | $120.06 Million |
| Goldplat PLC (GDP) | $17.80 Million | 19.97% | 1.11x | $405.20K |
About Cora Gold Limited
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.