Blue Gold Limited Class A Ordinary Shares (BGL) - Net Assets
Based on the latest financial reports, Blue Gold Limited Class A Ordinary Shares (BGL) has net assets worth $1.33 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 ($4.03 Million) and total liabilities ($2.70 Million). 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 Blue Gold Limited Class A Ordinary Share balance sheet liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.33 Million |
| % of Total Assets | 33.04% |
| Annual Growth Rate | -81.61% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 45.01 |
Blue Gold Limited Class A Ordinary Shares - Net Assets Trend (2021–2024)
This chart illustrates how Blue Gold Limited Class A Ordinary Shares's net assets have evolved over time, based on quarterly financial data. Also explore Blue Gold Limited Class A Ordinary Share asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Blue Gold Limited Class A Ordinary Shares (2021–2024)
The table below shows the annual net assets of Blue Gold Limited Class A Ordinary Shares from 2021 to 2024. For live valuation and market cap data, see market cap of Blue Gold Limited Class A Ordinary Share.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.33 Million | -97.41% |
| 2023-12-31 | $51.32 Million | -77.49% |
| 2022-12-31 | $228.04 Million | +6.46% |
| 2021-12-31 | $214.19 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Blue Gold Limited Class A Ordinary Shares'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 grown by 1609467800.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $3.85 Million | 289.77% |
| Other Components | $1.79 Million | 134.50% |
| Total Equity | $1.33 Million | 100.00% |
Blue Gold Limited Class A Ordinary Shares Competitors by Market Cap
The table below lists competitors of Blue Gold Limited Class A Ordinary Shares ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Modular Medical Inc
NASDAQ:MODD
|
$35.22 Million |
|
Thai Agro Energy Public Company Limited
BK:TAE
|
$35.22 Million |
|
Bangkok Dec-Con Public Company Limited
BK:BKD
|
$35.22 Million |
|
Pacgold Ltd
AU:PGO
|
$35.23 Million |
|
Adcorp
JSE:ADR
|
$35.20 Million |
|
Atara Biotherapeutics Inc
NASDAQ:ATRA
|
$35.19 Million |
|
PSQ Holdings Inc.
NYSE:PSQH
|
$35.15 Million |
|
Tower Real Estate Investment Trust
KLSE:5111
|
$35.12 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Blue Gold Limited Class A Ordinary Shares's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 51,319,470 to 1,330,322, a change of -49,989,148 (-97.4%).
- Net income of 702,959 contributed positively to equity growth.
- Share repurchases of 51,847,295 reduced equity.
- Other factors increased equity by 1,155,188.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $702.96K | +52.84% |
| Share Repurchases | $51.85 Million | -3897.35% |
| Other Changes | $1.16 Million | +86.84% |
| Total Change | $- | -97.41% |
Book Value vs Market Value Analysis
This analysis compares Blue Gold Limited Class A Ordinary Shares'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: 9.45x
- 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 0.16x to 9.45x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | $7.45 | $1.21 | x |
| 2022-12-31 | $7.93 | $1.21 | x |
| 2023-12-31 | $2.31 | $1.21 | x |
| 2024-12-31 | $0.13 | $1.21 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Blue Gold Limited Class A Ordinary Shares 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): 52.84%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 3.03x
- Recent ROE (52.84%) is above the historical average (18.25%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 4.07% | 0.00% | 0.00x | 1.10x | $-12.69 Million |
| 2022 | 6.07% | 0.00% | 0.00x | 1.05x | $-8.96 Million |
| 2023 | 10.03% | 0.00% | 0.00x | 1.04x | $15.40K |
| 2024 | 52.84% | 0.00% | 0.00x | 3.03x | $569.93K |
Industry Comparison
This section compares Blue Gold Limited Class A Ordinary Shares's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $231,231,275
- Average return on equity (ROE) among peers: -40.64%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Blue Gold Limited Class A Ordinary Shares (BGL) | $1.33 Million | 4.07% | 2.03x | $35.22 Million |
| Allied Gold Corporation (AAUC) | $381.03 Million | -54.71% | 1.51x | $1.61 Billion |
| Aura Minerals Inc. Common Shares (AUGO) | $312.39 Million | 21.92% | 0.72x | $6.88 Billion |
| Austin Gold Corp (AUST) | $11.33 Million | -35.31% | 0.06x | $19.03 Million |
| Barrick Mining Corporation (B) | $712.12 Million | 7.48% | 0.97x | $65.04 Billion |
| Coeur Mining Inc (CDE) | $585.32 Million | -202.77% | 1.64x | $11.33 Billion |
| Caledonia Mining Corporation (CMCL) | $12.76 Million | -2.36% | 0.09x | $436.67 Million |
| Collective Mining Ltd. (CNL) | $1.89 Million | -89.83% | 0.23x | $1.49 Billion |
| Contango ORE Inc (CTGO) | $5.23 Million | -54.23% | 0.03x | $389.08 Million |
| Dakota Gold Corp. (DC) | $59.00 Million | 44.08% | 0.20x | $718.32 Million |
About Blue Gold Limited Class A Ordinary Shares
Blue Gold Limited acquires, develops, finances, licenses, and operates gold mines in the Ashanti region of Ghana. The company focused on the Ashanti Gold Belt located in Ghana. Blue Gold Limited was founded in 2023 and is headquartered in Grand Cayman, the Cayman Islands.