Barrick Gold Corp
Barrick Mining Corporation engages in the exploration, development, production, and sale of mineral properties. The company explores for gold, copper, silver, and energy materials. The company was formerly known as Barrick Gold Corporation and changed its name to Barrick Mining Corporation in May 2025. Barrick Mining Corporation was founded in 1983 and is based in Toronto, Canada.
Barrick Gold Corp (GOLD) - Net Assets
Latest net assets as of March 2025: $33.56 Billion USD
Based on the latest financial reports, Barrick Gold Corp (GOLD) has net assets worth $33.56 Billion USD as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($48.14 Billion) and total liabilities ($14.58 Billion). 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 | $33.56 Billion |
| % of Total Assets | 69.72% |
| Annual Growth Rate | N/A |
| 5-Year Change | 4.88% |
| 10-Year Change | 251.73% |
| Growth Volatility | 65.18 |
Barrick Gold Corp - Net Assets Trend (1993–2024)
This chart illustrates how Barrick Gold Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Barrick Gold Corp (1993–2024)
The table below shows the annual net assets of Barrick Gold Corp from 1993 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $33.26 Billion | +3.92% |
| 2023-12-31 | $32.00 Billion | +2.28% |
| 2022-12-31 | $31.29 Billion | -3.15% |
| 2021-12-31 | $32.31 Billion | +1.88% |
| 2020-12-31 | $31.71 Billion | +6.31% |
| 2019-12-31 | $29.83 Billion | +217.82% |
| 2018-12-31 | $9.38 Billion | -15.20% |
| 2017-12-31 | $11.07 Billion | +7.31% |
| 2016-12-31 | $10.31 Billion | +9.07% |
| 2015-12-31 | $9.46 Billion | -26.49% |
| 2014-12-31 | $12.86 Billion | -19.62% |
| 2013-12-31 | $16.00 Billion | -34.71% |
| 2012-12-31 | $24.51 Billion | -4.09% |
| 2011-12-31 | $25.55 Billion | +23.25% |
| 2010-12-31 | $20.73 Billion | +33.36% |
| 2009-12-31 | $15.55 Billion | +0.57% |
| 2008-12-31 | $15.46 Billion | +0.79% |
| 2007-12-31 | $15.34 Billion | +8.02% |
| 2006-12-31 | $14.20 Billion | +268.83% |
| 2005-12-31 | $3.85 Billion | +8.06% |
| 2004-12-31 | $3.56 Billion | +1.97% |
| 2003-12-31 | $3.49 Billion | -37.57% |
| 2002-12-31 | $5.60 Billion | +3.00% |
| 2001-12-31 | $5.43 Billion | +79.73% |
| 2000-12-31 | $3.02 Billion | -27.23% |
| 1999-12-31 | $4.15 Billion | +15.64% |
| 1998-12-31 | $3.59 Billion | +8.06% |
| 1997-12-31 | $3.32 Billion | -5.04% |
| 1996-12-31 | $3.50 Billion | +17.92% |
| 1995-12-31 | $2.97 Billion | +180.29% |
| 1994-12-31 | $-3.70 Billion | -134.55% |
| 1993-12-31 | $-1.58 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Barrick 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 459620000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $27.66 Billion | 113.88% |
| Other Comprehensive Income | $33.00 Million | 0.14% |
| Other Components | $1.86 Billion | 7.68% |
| Total Equity | $24.29 Billion | 100.00% |
Barrick Gold Corp Competitors by Market Cap
The table below lists competitors of Barrick Gold Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Investview Inc
OTCQB:INVUP
|
$32.56 Billion |
|
Koninklijke Ahold Delhaize NV
OTCQX:AHODF
|
$32.57 Billion |
|
FOM.ECON.MEX.SAB D.CV UTS
F:FOMC
|
$32.59 Billion |
|
Otis Worldwide Corp
NYSE:OTIS
|
$32.72 Billion |
|
Arch Capital Group Ltd
NASDAQ:ACGL
|
$32.40 Billion |
|
Block, Inc
NYSE:XYZ
|
$32.38 Billion |
|
Fujitsu Limited
PINK:FJTSF
|
$32.31 Billion |
|
E.ON SE
PINK:ENAKF
|
$32.29 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Barrick Gold Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 23,341,000,000 to 24,290,000,000, a change of 949,000,000 (4.1%).
- Net income of 2,144,000,000 contributed positively to equity growth.
- Dividend payments of 696,000,000 reduced retained earnings.
- Share repurchases of 498,000,000 reduced equity.
- Other comprehensive income increased equity by 9,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $2.14 Billion | +8.83% |
| Dividends Paid | $696.00 Million | -2.87% |
| Share Repurchases | $498.00 Million | -2.05% |
| Other Comprehensive Income | $9.00 Million | +0.04% |
| Other Changes | $-10.00 Million | -0.04% |
| Total Change | $- | 4.07% |
Book Value vs Market Value Analysis
This analysis compares Barrick 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: 2.23x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1993-12-31 | $-5.47 | $30.89 | x |
| 1994-12-31 | $-11.68 | $30.89 | x |
| 1995-12-31 | $8.30 | $30.89 | x |
| 1996-12-31 | $9.61 | $30.89 | x |
| 1997-12-31 | $8.92 | $30.89 | x |
| 1998-12-31 | $9.43 | $30.89 | x |
| 1999-12-31 | $10.42 | $30.89 | x |
| 2000-12-31 | $8.74 | $30.89 | x |
| 2001-12-31 | $13.72 | $30.89 | x |
| 2002-12-31 | $10.34 | $30.89 | x |
| 2003-12-31 | $6.45 | $30.89 | x |
| 2004-12-31 | $6.60 | $30.89 | x |
| 2005-12-31 | $7.21 | $30.89 | x |
| 2006-12-31 | $16.61 | $30.89 | x |
| 2007-12-31 | $17.36 | $30.89 | x |
| 2008-12-31 | $17.52 | $30.89 | x |
| 2009-12-31 | $16.68 | $30.89 | x |
| 2010-12-31 | $19.32 | $30.89 | x |
| 2011-12-31 | $23.34 | $30.89 | x |
| 2012-12-31 | $21.82 | $30.89 | x |
| 2013-12-31 | $13.24 | $30.89 | x |
| 2014-12-31 | $8.80 | $30.89 | x |
| 2015-12-31 | $6.16 | $30.89 | x |
| 2016-12-31 | $6.81 | $30.89 | x |
| 2017-12-31 | $7.96 | $30.89 | x |
| 2018-12-31 | $6.51 | $30.89 | x |
| 2019-12-31 | $12.19 | $30.89 | x |
| 2020-12-31 | $13.13 | $30.89 | x |
| 2021-12-31 | $13.41 | $30.89 | x |
| 2022-12-31 | $12.86 | $30.89 | x |
| 2023-12-31 | $13.30 | $30.89 | x |
| 2024-12-31 | $13.87 | $30.89 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Barrick 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): 8.83%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.59%
- • Asset Turnover: 0.27x
- • Equity Multiplier: 1.96x
- Recent ROE (8.83%) is above the historical average (-0.43%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | 0.00% | 0.00% | 0.00x | 0.00x | $-124.85 Million |
| 1994 | 0.00% | 0.00% | 0.00x | 0.00x | $15.72 Million |
| 1995 | 9.91% | 22.81% | 0.36x | 1.21x | $-2.59 Million |
| 1996 | 6.23% | 16.78% | 0.29x | 1.29x | $-132.06 Million |
| 1997 | -3.70% | -9.58% | 0.30x | 1.30x | $-455.40 Million |
| 1998 | 8.38% | 23.39% | 0.28x | 1.30x | $-58.23 Million |
| 1999 | 7.97% | 23.30% | 0.27x | 1.29x | $-84.39 Million |
| 2000 | -25.34% | -57.59% | 0.29x | 1.50x | $-1.07 Billion |
| 2001 | 4.75% | 20.14% | 0.17x | 1.42x | $-285.15 Million |
| 2002 | 4.09% | 11.75% | 0.25x | 1.38x | $-330.88 Million |
| 2003 | 5.73% | 9.84% | 0.38x | 1.53x | $-149.12 Million |
| 2004 | 6.97% | 12.86% | 0.31x | 1.76x | $-107.93 Million |
| 2005 | 10.41% | 17.05% | 0.34x | 1.78x | $15.74 Million |
| 2006 | 10.60% | 26.71% | 0.26x | 1.51x | $85.76 Million |
| 2007 | 7.33% | 17.67% | 0.29x | 1.44x | $-406.91 Million |
| 2008 | 5.14% | 9.92% | 0.33x | 1.58x | $-742.79 Million |
| 2009 | -28.37% | -52.53% | 0.30x | 1.80x | $-5.78 Billion |
| 2010 | 17.17% | 29.97% | 0.33x | 1.75x | $1.37 Billion |
| 2011 | 19.19% | 31.33% | 0.29x | 2.09x | $2.15 Billion |
| 2012 | -3.04% | -4.57% | 0.31x | 2.16x | $-2.85 Billion |
| 2013 | -76.60% | -82.86% | 0.33x | 2.77x | $-11.72 Billion |
| 2014 | -28.37% | -28.39% | 0.30x | 3.31x | $-3.93 Billion |
| 2015 | -39.54% | -31.43% | 0.34x | 3.67x | $-3.56 Billion |
| 2016 | 8.25% | 7.65% | 0.34x | 3.18x | $-138.50 Million |
| 2017 | 15.49% | 17.17% | 0.33x | 2.73x | $509.40 Million |
| 2018 | -20.35% | -21.33% | 0.32x | 2.98x | $-2.30 Billion |
| 2019 | 18.52% | 40.85% | 0.22x | 2.07x | $1.83 Billion |
| 2020 | 15.48% | 28.69% | 0.27x | 1.99x | $1.28 Billion |
| 2021 | 13.78% | 27.43% | 0.26x | 1.97x | $902.30 Million |
| 2022 | 1.90% | 3.92% | 0.24x | 2.02x | $-1.85 Billion |
| 2023 | 5.45% | 11.16% | 0.25x | 1.96x | $-1.06 Billion |
| 2024 | 8.83% | 16.59% | 0.27x | 1.96x | $-285.00 Million |
Industry Comparison
This section compares Barrick Gold Corp's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $1,956,755,866
- Average return on equity (ROE) among peers: -68.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Barrick Gold Corp (GOLD) | $33.56 Billion | 0.00% | 0.43x | $32.43 Billion |
| Almadex Minerals Ltd (AAMMF) | $14.43 Million | -15.31% | 0.02x | $11.47 Million |
| Allied Gold Corporation (AAUC) | $111.36 Million | -6.66% | 4.92x | $1.61 Billion |
| Aero Energy Limited (AAUGF) | $14.72 Million | -5.86% | 0.05x | $613.34K |
| Abcourt Mines Inc (ABMBF) | $542.08K | -7.78% | 0.16x | $27.58 Million |
| Aben Resources Ltd (ABNAF) | $925.43K | -59.62% | 0.09x | $1.17 Million |
| Advance Gold Corp (ADGCF) | $206.54K | -11.57% | 1.00x | $480.91K |
| Agnico Eagle Mines Limited (AEM) | $19.42 Billion | 10.18% | 0.48x | $105.00 Billion |
| Affinity Gold Corp (AFYG) | $241.37K | -497.12% | 0.10x | $4.68K |
| Andes Gold Corp (AGCZ) | $648.20K | -54.33% | 0.04x | $0.95 |
| Antioquia Gold Inc (AGDXF) | $1.57 Million | -38.90% | 0.28x | $1.44 Million |