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 $-20.16 Million USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($37.96 Million) and total liabilities ($58.12 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. Also explore Blue Gold Limited Class A Ordinary Share assets under control for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-20.16 Million |
| % of Total Assets | -53.11% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 676.35 |
Blue Gold Limited Class A Ordinary Shares - Net Assets Trend (2021–2025)
This chart illustrates how Blue Gold Limited Class A Ordinary Shares's net assets have evolved over time, based on quarterly financial data. Check BGL tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Blue Gold Limited Class A Ordinary Shares (2021–2025)
The table below shows the annual net assets of Blue Gold Limited Class A Ordinary Shares from 2021 to 2025. For live valuation and market cap data, see BGL market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $-20.16 Million | -1615.51% |
| 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 decreased by 1347369300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $3.47K | % |
| Other Comprehensive Income | $163.52K | % |
| Other Components | $13.55 Million | % |
| Total Equity | $-20.16 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 |
|---|---|
|
Worksport Ltd
NASDAQ:WKSP
|
$7.87 Million |
|
Hunting PLC
LSE:HTG
|
$7.87 Million |
|
Syncona Limited
LSE:SYNC
|
$7.87 Million |
|
Coloured Ties Capital Inc
V:TIE
|
$7.88 Million |
|
Evergreen Lithium Ltd
AU:EG1
|
$7.87 Million |
|
Tokyo Plast International Limited
NSE:TOKYOPLAST
|
$7.86 Million |
|
Oceancash Pacific Bhd
KLSE:0049
|
$7.86 Million |
|
Emerson Radio Corporation
NYSE MKT:MSN
|
$7.86 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 2024 to 2025, total equity changed from 1,330,322 to -20,161,138, a change of -21,491,460 (-1615.5%).
- Net loss of 21,909,914 reduced equity.
- New share issuances of 5,227,641 increased equity.
- Other comprehensive income increased equity by 163,519.
- Other factors decreased equity by 4,972,706.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-21.91 Million | -108.67% |
| Share Issuances | $5.23 Million | +25.93% |
| Other Comprehensive Income | $163.52K | +0.81% |
| Other Changes | $-4.97 Million | -24.66% |
| Total Change | $- | -1615.51% |
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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | $7.45 | $0.21 | x |
| 2022-12-31 | $7.93 | $0.21 | x |
| 2023-12-31 | $2.31 | $0.21 | x |
| 2024-12-31 | $0.13 | $0.21 | x |
| 2025-12-31 | $-1.43 | $0.21 | 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): 0.00%
- 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: 0.00x
- Recent ROE (0.00%) is below the historical average (14.60%), 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 | 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 |
| 2025 | 0.00% | 0.00% | 0.00x | 0.00x | $-19.89 Million |
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: $219,972,717
- Average return on equity (ROE) among peers: -15.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Blue Gold Limited Class A Ordinary Shares (BGL) | $-20.16 Million | 4.07% | N/A | $7.87 Million |
| Allied Gold Corporation (AAUC) | $111.36 Million | -6.66% | 4.92x | $1.61 Billion |
| Aura Minerals Inc. Common Shares (AUGO) | $272.27 Million | 15.98% | 1.18x | $4.45 Billion |
| Austin Gold Corp (AUST) | $3.69 Million | -84.10% | 0.01x | $17.66 Million |
| Barrick Mining Corporation (B) | $123.00 Million | 13.50% | 1.26x | $61.54 Billion |
| Coeur Mining Inc (CDE) | $322.09 Million | -4.37% | 1.05x | $15.42 Billion |
| Caledonia Mining Corporation (CMCL) | $283.55 Million | 19.47% | 0.45x | $440.34 Million |
| Collective Mining Ltd. (CNL) | $864.96 Million | 8.62% | 1.81x | $1.45 Billion |
| Contango ORE Inc (CTGO) | $1.20 Million | -101.76% | 0.09x | $346.52 Million |
| Dakota Gold Corp. (DC) | $-2.37 Million | 0.00% | 0.00x | $698.29 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. It focuses on the Ashanti Gold Belt located in Ghana. The company was founded in 2023 and is headquartered in Grand Cayman, the Cayman Islands.