Wishbone Gold Plc

LSE:WSBN UK Gold
Market Cap
$131.66K
GBX1.08 Billion GBX
Market Cap Rank
#47084 Global
#1016 in UK
Share Price
GBX35.80
Change (1 day)
-19.55%
52-Week Range
GBX0.73 - GBX104.00
All Time High
GBX135.00
Categories
Companies in UK Gold
About

Wishbone Gold Plc, together with its subsidiaries, engages in gold trading activities in Australia. It explores for gold, silver, copper, lead, and other metals. The company's flagship project is Red Setter located in the Patersons Range region of Western Australia. Wishbone Gold Plc was incorporated in 2009 and is based in Gibraltar.

Wishbone Gold Plc (WSBN) - Net Assets

Latest net assets as of June 2025: GBX7.23 Million GBX

Based on the latest financial reports, Wishbone Gold Plc (WSBN) has net assets worth GBX7.23 Million GBX as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX7.38 Million) and total liabilities (GBX155.25K). 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.

Key Net Assets Metrics

Metric Value
Current Net Assets GBX7.23 Million
% of Total Assets 97.9%
Annual Growth Rate 32.47%
5-Year Change 99.29%
10-Year Change 1320.9%
Growth Volatility 1446.87

Wishbone Gold Plc - Net Assets Trend (2010–2024)

This chart illustrates how Wishbone Gold Plc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Wishbone Gold Plc (2010–2024)

The table below shows the annual net assets of Wishbone Gold Plc from 2010 to 2024.

Year Net Assets Change
2024-12-31 GBX5.52 Million -11.70%
2023-12-31 GBX6.25 Million +5.41%
2022-12-31 GBX5.93 Million +35.91%
2021-12-31 GBX4.36 Million +57.53%
2020-12-31 GBX2.77 Million +5419.85%
2019-12-31 GBX50.14K -95.02%
2018-12-31 GBX1.01 Million -32.94%
2017-12-31 GBX1.50 Million +6.68%
2016-12-31 GBX1.41 Million +262.69%
2015-12-31 GBX388.18K +586.77%
2014-12-31 GBX-79.75K -186.63%
2013-12-31 GBX92.06K -72.96%
2012-12-31 GBX340.44K +732.13%
2011-12-31 GBX40.91K -61.96%
2010-12-31 GBX107.54K --

Equity Component Analysis

This analysis shows how different components contribute to Wishbone Gold Plc'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 1364272836.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock GBX3.37 Million 61.03%
Other Comprehensive Income GBX-1.22 Million -22.12%
Other Components GBX17.02 Million 308.61%
Total Equity GBX5.52 Million 100.00%

Wishbone Gold Plc Competitors by Market Cap

The table below lists competitors of Wishbone Gold Plc ranked by their market capitalization.

Company Market Cap
DOLPHIN CAP INVEST
BE:D5S
 		$2.36K
Develop North PLC
LSE:DVNO
 		$2.36K
Novonix Limited
BE:GC3
 		$2.36K
Thanh Thai Group JSC
VN:KKC
 		$2.36K
UCAS3F
SA:UCAS3F
 		$2.35K
Chesterfield Special Cylinders Holdings Plc
LSE:CSC
 		$2.35K
DA NANG HOUSIN
VN:NDX
 		$2.35K
Napier Ventures Inc
PINK:NPRVF
 		$2.35K

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Wishbone Gold Plc's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 6,246,554 to 5,515,634, a change of -730,920 (-11.7%).
  • Net loss of 1,462,169 reduced equity.
  • New share issuances of 1,160,000 increased equity.
  • Other comprehensive income decreased equity by 428,751.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income GBX-1.46 Million -26.51%
Share Issuances GBX1.16 Million +21.03%
Other Comprehensive Income GBX-428.75K -7.77%
Total Change GBX- -11.70%

Book Value vs Market Value Analysis

This analysis compares Wishbone Gold Plc'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: 3447.64x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has increased from 515.59x to 3447.64x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2010-12-31 GBX0.07 GBX35.80 x
2011-12-31 GBX0.02 GBX35.80 x
2012-12-31 GBX0.25 GBX35.80 x
2013-12-31 GBX0.05 GBX35.80 x
2014-12-31 GBX-0.03 GBX35.80 x
2015-12-31 GBX0.09 GBX35.80 x
2016-12-31 GBX0.14 GBX35.80 x
2017-12-31 GBX0.12 GBX35.80 x
2018-12-31 GBX0.07 GBX35.80 x
2019-12-31 GBX0.00 GBX35.80 x
2020-12-31 GBX366099.07 GBX35.80 x
2021-12-31 GBX0.03 GBX35.80 x
2022-12-31 GBX0.03 GBX35.80 x
2023-12-31 GBX0.02 GBX35.80 x
2024-12-31 GBX0.01 GBX35.80 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Wishbone Gold Plc 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): -26.51%
  • 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: 1.11x
  • Recent ROE (-26.51%) is above the historical average (-315.73%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2010 -12.98% 0.00% 0.00x 1.22x GBX-24.72K
2011 -253.72% 0.00% 0.00x 2.46x GBX-107.89K
2012 -83.47% 0.00% 0.00x 1.46x GBX-318.21K
2013 -436.13% 0.00% 0.00x 3.86x GBX-410.69K
2014 0.00% 0.00% 0.00x 0.00x GBX-1.66 Million
2015 -288.56% 0.00% 0.00x 1.35x GBX-1.16 Million
2016 -68.05% -22.48% 0.80x 3.80x GBX-1.10 Million
2017 -44.98% -11.08% 2.55x 1.59x GBX-825.80K
2018 -147.90% -17.35% 5.09x 1.68x GBX-1.59 Million
2019 -3284.89% -20.07% 14.63x 11.19x GBX-1.65 Million
2020 -18.58% -36.71% 0.46x 1.10x GBX-791.01K
2021 -30.28% 0.00% 0.00x 1.03x GBX-1.76 Million
2022 -19.63% 0.00% 0.00x 1.11x GBX-1.76 Million
2023 -20.33% 0.00% 0.00x 1.15x GBX-1.89 Million
2024 -26.51% 0.00% 0.00x 1.11x GBX-2.01 Million

Industry Comparison

This section compares Wishbone Gold Plc's net assets metrics with peer companies in the Gold industry.

Industry Context

  • Industry: Gold
  • Average net assets among peers: $88,719,465
  • Average return on equity (ROE) among peers: -47.77%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Wishbone Gold Plc (WSBN) GBX7.23 Million -12.98% 0.02x $2.35K
Bluebird Merchant Ventures Ltd (BMV) $19.35 Million -1.33% 0.04x $306.26
Conroy Gold & Natural Resources Plc (CGNR) $17.65 Million -3.84% 0.28x $1.43K
Cora Gold Limited (CORA) $-546.00K 0.00% 0.00x $5.35K
ECR Minerals plc (ECR) $23.98 Million -7.66% 0.13x $1.04K
Goldplat PLC (GDP) $18.41 Million 9.12% 0.96x $1.92K
Greatland Resources Limited (GGP) $642.59 Million 25.17% 0.58x $518.75K
Goldstone Resources Ltd (GRL) $-1.34 Million 0.00% 0.00x $461.96
Hamak Gold Ltd (HAMA) $1.14 Million -326.99% 0.36x $591.38
Lexington Gold Ltd (LEX) $147.20K -170.26% 0.38x $2.13K
Metals Exploration Plc (MTL) $165.82 Million -1.92% 0.63x $38.48K