Four Nines Gold Inc
Four Nines Gold Inc., a junior resource company, acquires and explores mineral properties in Canada. The company explores for gold deposits. It has an option to acquire a 100% interest in the Lassen Gold property consists of 62 mineral claims located in Lassen County, California. The company was formerly known as Eureka Dome Gold Inc. and changed its name to Four Nines Gold Inc. in November 2016.… Read more
Four Nines Gold Inc (FNAUF) - Net Assets
Latest net assets as of October 2025: $754.75K USD
Based on the latest financial reports, Four Nines Gold Inc (FNAUF) has net assets worth $754.75K USD as of October 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.35 Million) and total liabilities ($599.56K). 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 | $754.75K |
| % of Total Assets | 55.73% |
| Annual Growth Rate | 25.0% |
| 5-Year Change | 3.55% |
| 10-Year Change | N/A |
| Growth Volatility | 189.82 |
Four Nines Gold Inc - Net Assets Trend (2017–2025)
This chart illustrates how Four Nines Gold Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Four Nines Gold Inc (2017–2025)
The table below shows the annual net assets of Four Nines Gold Inc from 2017 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-01-31 | $548.64K | -11.75% |
| 2024-01-31 | $621.68K | -23.85% |
| 2023-01-31 | $816.45K | -26.71% |
| 2022-01-31 | $1.11 Million | +110.26% |
| 2021-01-31 | $529.81K | +98.27% |
| 2020-01-31 | $267.22K | -23.39% |
| 2019-01-31 | $348.78K | -42.62% |
| 2018-01-31 | $607.89K | +560.29% |
| 2017-01-31 | $92.06K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Four Nines Gold Inc'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 291740100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (January 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $3.50 Million | 638.07% |
| Total Equity | $548.64K | 100.00% |
Four Nines Gold Inc Competitors by Market Cap
The table below lists competitors of Four Nines Gold Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sajo Seafood
KO:014710
|
$10.51 Million |
|
Starco Brands Inc
OTCQB:STCB
|
$10.51 Million |
|
IROYAL_INTERROYAL ENGINEERING
BK:IROYAL
|
$10.51 Million |
|
Kriti Industries (India) Limited
NSE:KRITI
|
$10.51 Million |
|
Ryukil C&S Ltd
KQ:191410
|
$10.50 Million |
|
Biovie Inc
NASDAQ:BIVI
|
$10.50 Million |
|
Young Bag Micro Motors Co Ltd
KQ:193250
|
$10.50 Million |
|
Fortune Mate Indonesia Tbk
JK:FMII
|
$10.50 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Four Nines Gold Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 621,683 to 548,643, a change of -73,040 (-11.7%).
- Net loss of 395,260 reduced equity.
- New share issuances of 65,000 increased equity.
- Other factors increased equity by 257,220.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-395.26K | -72.04% |
| Share Issuances | $65.00K | +11.85% |
| Other Changes | $257.22K | +46.88% |
| Total Change | $- | -11.75% |
Book Value vs Market Value Analysis
This analysis compares Four Nines Gold Inc'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: 17.93x
- 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 1.08x to 17.93x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-01-31 | $0.24 | $0.26 | x |
| 2019-01-31 | $0.05 | $0.26 | x |
| 2020-01-31 | $0.04 | $0.26 | x |
| 2021-01-31 | $0.04 | $0.26 | x |
| 2022-01-31 | $0.07 | $0.26 | x |
| 2023-01-31 | $0.03 | $0.26 | x |
| 2024-01-31 | $0.02 | $0.26 | x |
| 2025-01-31 | $0.01 | $0.26 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Four Nines Gold Inc 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): -72.04%
- 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: 2.19x
- Recent ROE (-72.04%) is below the historical average (-63.34%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -37.53% | 0.00% | 0.00x | 1.91x | $-43.75K |
| 2018 | -22.33% | 0.00% | 0.00x | 1.06x | $-196.53K |
| 2019 | -190.77% | 0.00% | 0.00x | 2.34x | $-700.23K |
| 2020 | -32.39% | 0.00% | 0.00x | 2.71x | $-113.29K |
| 2021 | -30.19% | 0.00% | 0.00x | 1.09x | $-212.93K |
| 2022 | -42.11% | 0.00% | 0.00x | 1.12x | $-580.52K |
| 2023 | -60.61% | 0.00% | 0.00x | 1.05x | $-576.50K |
| 2024 | -82.12% | 0.00% | 0.00x | 1.35x | $-572.72K |
| 2025 | -72.04% | 0.00% | 0.00x | 2.19x | $-450.12K |
Industry Comparison
This section compares Four Nines Gold Inc'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 |
|---|---|---|---|---|
| Four Nines Gold Inc (FNAUF) | $754.75K | -37.53% | 0.79x | $10.51 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 |