OceanaGold Corporation (OGC) - Net Assets
Based on the latest financial reports, OceanaGold Corporation (OGC) has net assets worth $2.49 Billion USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.47 Billion) and total liabilities ($979.50 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 how much debt does OceanaGold Corporation carry for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $2.49 Billion |
| % of Total Assets | 71.8% |
| Annual Growth Rate | 12.32% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 8.03 |
OceanaGold Corporation - Net Assets Trend (2022–2025)
This chart illustrates how OceanaGold Corporation's net assets have evolved over time, based on quarterly financial data. Also explore how large is OceanaGold Corporation's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for OceanaGold Corporation (2022–2025)
The table below shows the annual net assets of OceanaGold Corporation from 2022 to 2025. For live valuation and market cap data, see market cap of OceanaGold Corporation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $2.37 Billion | +23.08% |
| 2024-12-31 | $1.93 Billion | +11.16% |
| 2023-12-31 | $1.73 Billion | +3.57% |
| 2022-12-31 | $1.67 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to OceanaGold Corporation'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 194.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.09 Billion | 48.04% |
| Other Components | $1.18 Billion | 51.96% |
| Total Equity | $2.27 Billion | 100.00% |
OceanaGold Corporation Competitors by Market Cap
The table below lists competitors of OceanaGold Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Valaris Ltd
NYSE:VAL
|
$6.58 Billion |
|
Sunwoda Electronic
SHE:300207
|
$6.58 Billion |
|
Shin Kong Financial Holding Co Ltd
TW:2888
|
$6.58 Billion |
|
Brookfield Business Corp
NYSE:BBUC
|
$6.58 Billion |
|
Triple Flag Precious Metals Corp
TO:TFPM
|
$6.57 Billion |
|
International Games System Co Ltd
TWO:3293
|
$6.57 Billion |
|
Leo Group Co Ltd
SHE:002131
|
$6.57 Billion |
|
Inner Mongolia Junzheng Energy & Chemical Group Co Ltd
SHG:601216
|
$6.57 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in OceanaGold Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,820,000,000 to 2,267,100,000, a change of 447,100,000 (24.6%).
- Net income of 628,700,000 contributed positively to equity growth.
- Dividend payments of 27,700,000 reduced retained earnings.
- Share repurchases of 175,100,000 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $628.70 Million | +27.73% |
| Dividends Paid | $27.70 Million | -1.22% |
| Share Repurchases | $175.10 Million | -7.72% |
| Other Changes | $21.20 Million | +0.94% |
| Total Change | $- | 24.57% |
Book Value vs Market Value Analysis
This analysis compares OceanaGold Corporation'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: 2.92x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 4.12x to 2.92x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-12-31 | $7.13 | $29.38 | x |
| 2023-12-31 | $7.35 | $29.38 | x |
| 2024-12-31 | $7.77 | $29.38 | x |
| 2025-12-31 | $10.07 | $29.38 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently OceanaGold Corporation 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): 27.73%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 33.21%
- • Asset Turnover: 0.58x
- • Equity Multiplier: 1.44x
- Recent ROE (27.73%) is above the historical average (12.69%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 7.92% | 13.71% | 0.42x | 1.37x | $-34.73 Million |
| 2023 | 4.79% | 8.10% | 0.42x | 1.41x | $-90.21 Million |
| 2024 | 10.30% | 14.48% | 0.52x | 1.37x | $5.40 Million |
| 2025 | 27.73% | 33.21% | 0.58x | 1.44x | $401.99 Million |
Industry Comparison
This section compares OceanaGold Corporation's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $351,017,899
- Average return on equity (ROE) among peers: -10.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| OceanaGold Corporation (OGC) | $2.49 Billion | 7.92% | 0.39x | $6.57 Billion |
| Allied Gold Corporation (AAUC) | $111.36 Million | -6.66% | 4.92x | $1.61 Billion |
| Aura Minerals Inc. Common Shares (AUGO) | $314.80 Million | 10.13% | 1.93x | $6.31 Billion |
| Austin Gold Corp (AUST) | $8.26 Million | -19.54% | 0.02x | $17.25 Million |
| Barrick Mining Corporation (B) | $722.40 Million | 8.96% | 0.99x | $69.16 Billion |
| Blue Gold Limited Class A Ordinary Shares (BGL) | $51.32 Million | 10.03% | 0.04x | $34.22 Million |
| Coeur Mining Inc (CDE) | $2.14 Billion | 4.38% | 0.53x | $18.45 Billion |
| Caledonia Mining Corporation (CMCL) | $78.81 Million | 13.66% | 0.59x | $445.94 Million |
| Collective Mining Ltd. (CNL) | $-28.93 Million | 0.00% | 0.00x | $1.45 Billion |
| Contango ORE Inc (CTGO) | $2.91 Million | -98.00% | 0.22x | $359.98 Million |
| Dakota Gold Corp. (DC) | $112.52 Million | -26.31% | 0.03x | $716.99 Million |
About OceanaGold Corporation
OceanaGold Corporation engages in the exploration, development, and operation of gold and gold/copper mines in the United States, the Philippines, and New Zealand. It explores for gold, copper, and silver deposits. The company was founded in 1990 and is headquartered in Vancouver, Canada.