Big Ridge Gold Corp
Big Ridge Gold Corp. engages in the acquisition, exploration, and evaluation of precious-metals and gold projects in Canada. Its flagship is the 100% owned Hope Brook gold project that consists of 1,042 mineral claims covering an area totaling 26,050 hectares located in the Southwest coast of the island of Newfoundland in the Province of Newfoundland and Labrador, Canada. The company was formerly… Read more
Big Ridge Gold Corp (ALVLF) - Net Assets
Latest net assets as of December 2025: $9.83 Million USD
Based on the latest financial reports, Big Ridge Gold Corp (ALVLF) has net assets worth $9.83 Million USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($11.21 Million) and total liabilities ($1.38 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $9.83 Million |
| % of Total Assets | 87.7% |
| Annual Growth Rate | 5.88% |
| 5-Year Change | 26.15% |
| 10-Year Change | 1292.71% |
| Growth Volatility | 145.64 |
Big Ridge Gold Corp - Net Assets Trend (2014–2024)
This chart illustrates how Big Ridge 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 Big Ridge Gold Corp (2014–2024)
The table below shows the annual net assets of Big Ridge Gold Corp from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | $5.96 Million | +24.46% |
| 2023-06-30 | $4.79 Million | +19.95% |
| 2022-06-30 | $4.00 Million | -68.71% |
| 2021-06-30 | $12.77 Million | +170.07% |
| 2020-06-30 | $4.73 Million | +49.58% |
| 2019-06-30 | $3.16 Million | -14.13% |
| 2018-06-30 | $3.68 Million | -4.04% |
| 2017-06-30 | $3.84 Million | +63.99% |
| 2016-06-30 | $2.34 Million | +446.20% |
| 2015-06-30 | $428.26K | -87.29% |
| 2014-06-30 | $3.37 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Big Ridge 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 2821701571.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $50.30 Million | 843.38% |
| Total Equity | $5.96 Million | 100.00% |
Big Ridge Gold Corp Competitors by Market Cap
The table below lists competitors of Big Ridge Gold Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Aarey Drugs & Pharmaceuticals Limited
NSE:AAREYDRUGS
|
$11.20 Million |
|
Mint S.A.
LSE:0W8Y
|
$11.21 Million |
|
Aztec Land Comb Cert
PINK:AZLCZ
|
$11.21 Million |
|
iOThree Limited Ordinary Shares
NASDAQ:IOTR
|
$11.21 Million |
|
SURGEPAYS INC. DL-001
F:9B90
|
$11.19 Million |
|
LITIUM AB SK1
F:5TW
|
$11.19 Million |
|
GFM Services Bhd
KLSE:0039
|
$11.19 Million |
|
Goldspot Discoveries Corp
OTCQX:SPOFF
|
$11.19 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Big Ridge Gold Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,792,070 to 5,964,445, a change of 1,172,375 (24.5%).
- Net loss of 4,806,136 reduced equity.
- Other factors increased equity by 5,978,511.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-4.81 Million | -80.58% |
| Other Changes | $5.98 Million | +100.24% |
| Total Change | $- | 24.46% |
Book Value vs Market Value Analysis
This analysis compares Big Ridge 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: 1.52x
- 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 |
|---|---|---|---|
| 2015-06-30 | $0.00 | $0.05 | x |
| 2016-06-30 | $0.00 | $0.05 | x |
| 2017-06-30 | $0.00 | $0.05 | x |
| 2018-06-30 | $0.33 | $0.05 | x |
| 2019-06-30 | $0.28 | $0.05 | x |
| 2020-06-30 | $0.42 | $0.05 | x |
| 2021-06-30 | $0.14 | $0.05 | x |
| 2022-06-30 | $0.04 | $0.05 | x |
| 2023-06-30 | $0.04 | $0.05 | x |
| 2024-06-30 | $0.03 | $0.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Big Ridge 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): -80.58%
- 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: 1.09x
- Recent ROE (-80.58%) is below the historical average (-60.22%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -10.06% | 0.00% | 0.00x | 1.02x | $-675.84K |
| 2015 | -38.44% | 0.00% | 0.00x | 1.02x | $-207.46K |
| 2016 | -79.26% | 0.00% | 0.00x | 1.03x | $-2.09 Million |
| 2017 | 7.71% | 0.00% | 0.00x | 1.03x | $-87.76K |
| 2018 | -27.71% | 0.00% | 0.00x | 1.03x | $-1.39 Million |
| 2019 | -17.86% | 0.00% | 0.00x | 1.04x | $-880.60K |
| 2020 | -13.75% | 0.00% | 0.00x | 1.02x | $-1.12 Million |
| 2021 | -7.15% | 0.00% | 0.00x | 1.01x | $-2.19 Million |
| 2022 | -318.50% | 0.00% | 0.00x | 1.56x | $-13.12 Million |
| 2023 | -76.81% | 0.00% | 0.00x | 1.13x | $-4.16 Million |
| 2024 | -80.58% | 0.00% | 0.00x | 1.09x | $-5.40 Million |
Industry Comparison
This section compares Big Ridge 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 |
|---|---|---|---|---|
| Big Ridge Gold Corp (ALVLF) | $9.83 Million | -10.06% | 0.14x | $11.20 Million |
| 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 |